RIP Altcoins - page 2. | Bitcointalksearch.org

cryptogeek101

sr. member

Activity: 798

Merit: 250

homt.net

Quote from: fenican on August 08, 2018, 07:46:24 PM

It was a nice run but with BTC approaching 50% dominance the death bells are ringing for the Alt fad. I won't shed a tear for XRP or TRON.

I think altcoins prices might revive after SEC September ETF final decision,the present effect of the delay will soon subside and most coins will soon breathe fresh air.

crypt0j0e

jr. member

Activity: 115

Merit: 2

I think it's too early to call for the end of Altcoins. You forget that we are in a very volatile market and the volume in crypto is small fries compared to traditional markets. Many people pumped Altcoins because there were hundreds if not thousands of ICOs being launched this year. I believe many of these projects will fail but when the dust settles only the best projects with real world products/services will remain!

Iykecollinz

copper member

Activity: 294

Merit: 1

Similar reasoning here but I believe certainly it will rebound, but how soon is what I don't know

ivy_project

copper member

Activity: 30

Merit: 0

The problem with Altcoins is that the market was saturated with ICO's and cash grabs with no real-world products to support their model long term. So many people have been burned time and time again, there is little investment happening in the Altcoin space compared to earlier this year.

Altcoins aren't dead, just the ones with poor leadership, transparency, and solid user-end products.

dimonstration

hero member

Activity: 2674

Merit: 696

Dimon69

Quote from: fenican on August 08, 2018, 07:46:24 PM

It was a nice run but with BTC approaching 50% dominance the death bells are ringing for the Alt fad. I won't shed a tear for XRP or TRON.

So what are you trying to say? A lot of altcoins now is in the redzone even bitcoin is also dropped. Tron and xrp recently we saw that are having a good performance, so in the future I think you won't be crying.

fenican

hero member

Activity: 1395

Merit: 505

It was a nice run but with BTC approaching 50% dominance the death bells are ringing for the Alt fad. I won't shed a tear for XRP or TRON.

Topic: RIP Altcoins - page 2. (Read 133 times)