REASON WHY ALTCOIN MARKET HARD TO SPECULATE - page 6.

o48o

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Quote from: Odusko on March 06, 2022, 03:36:31 PM

(-snip-)
... the major reason why the altcoin market is hard to speculate because it circulating supply can easily be tempered more coin being minted at will which will render speculators analysis inaccurate in most cases.

Name me one coin that has tempered their circulating supply in a bad way that would affect on the portfolio (excluding the dilution where total value in usd wouldn't change). Even if this would happen it would be easy for community not to accept the fork and keep the altcoin classic version.

Also Vitalik isn't vital part important part of Ethereum development anymore.

Those aren't the reason. Reason is that there are thousand of low caps and without understanding the tech, having insight on whales or influencers, you don't know what is going to get adopted and what just shilled and pumped. And there's the fact that some mid-low caps are way more volatile when they react to btc movements, world events and stuff like that

Chato1977

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Because altcoin world is too large comparing to single currency on top BITCOIN, how can you speculate a thousand currencies when bitcoin is just there always to show what is the movement in front of us.

and besides why need to expect in altcoins when there is bitcoin that safer and worth trusting .

peter0425

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Quote from: Odusko on March 06, 2022, 03:36:31 PM

This is based on personal observation and studies of the altcoin market of a period of 2017/22

But your account was just created last year, meaning is this your new account? because it is impossible that you have been in crypto market for 6 years but decided to create an account here just in 2021?

Quote

Altcoins are said to be the alternative cryptocurrency aside from Bitcoin and many of the altcoins are decentralized and also centralized, unlike Bitcoin which is highly decentralized and out of the control of anyone be it the developer or government Bitcoin has a total circulating supply. But Altcoin is developed by individuals e.g Vitalik Buterin Ethereum developer and teams members who are known in the society and the source codes of the coin can easily be updated which have made them not to have a static circulating which is has been the major reason why the altcoin market is hard to speculate because it circulating supply can easily be tempered more coin being minted at will which will render speculators analysis inaccurate in most cases.

Altcoin is hard to speculate know why? because they are full of shit , most of them are scammer and most have no future at all.

bittraffic

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Because the developer themselves can create a fud for thier community that will make everyone sell thier tokens and them buy back billions worth $1000 only. Hard to see any altcoin that devs are honest. There are some altcoins that I have not given up but mostly even the ones above the ranks are quite awful when you find yourself holding thousands of them but only worth $1000 when the bear market sets in.

Cryptock

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Quote from: Odusko on March 06, 2022, 03:36:31 PM

This is based on personal observation and studies of the altcoin market of a period of 2017/22
Altcoins are said to be the alternative cryptocurrency aside from Bitcoin and many of the altcoins are decentralized and also centralized, unlike Bitcoin which is highly decentralized and out of the control of anyone be it the developer or government Bitcoin has a total circulating supply. But Altcoin is developed by individuals e.g Vitalik Buterin Ethereum developer and teams members who are known in the society and the source codes of the coin can easily be updated which have made them not to have a static circulating which is has been the major reason why the altcoin market is hard to speculate because it circulating supply can easily be tempered more coin being minted at will which will render speculators analysis inaccurate in most cases.

In fact, few altcoins is centralized. Most of the projects are decentralized and have a constant total supply.
Of course, there can be all kinds of tokenimics manipulations, such as hiding tokens or fictitious expenses. However, I'm afraid I can't agree with you that this total sypply is a problem in altcoin speculation.

Scripture

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Speculation is not accurate, and this market is very volatile same thing with Bitcoin, speculation is easy but there’s no guarantee for that. If there’s no specific number for the supply of token, most probably is unlimited supply but those who already have the limit can’t change it anymore, just look at Bitcoin supply, we’re near to mine all of the supply.

crzy

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Not all altcoins can be minted, some are created with a fix total supply and this makes them more valuable plus, their burning mechanism helps the economy to be better. Its volatile because that’s already the nature of cryptocurrency and those are not stable coins, expect a more volatile price this year as we are still facing a lo of problems. World issues also affect them, so many to consider with regards to price volatility.

Odusko

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This is based on personal observation and studies of the altcoin market of a period of 2017/22
Altcoins are said to be the alternative cryptocurrency aside from Bitcoin and many of the altcoins are decentralized and also centralized, unlike Bitcoin which is highly decentralized and out of the control of anyone be it the developer or government Bitcoin has a total circulating supply. But Altcoin is developed by individuals e.g Vitalik Buterin Ethereum developer and teams members who are known in the society and the source codes of the coin can easily be updated which have made them not to have a static circulating which is has been the major reason why the altcoin market is hard to speculate because it circulating supply can easily be tempered more coin being minted at will which will render speculators analysis inaccurate in most cases.

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