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Topic: The biggest problem of altcoins - page 12. (Read 4912 times)

full member
Activity: 490
Merit: 100
August 20, 2018, 07:01:17 PM
Some of the selected coins are there due to which crypto currency is working till now, it is not matter of choice it is just matter of patience and result of coins.
newbie
Activity: 350
Merit: 0
August 20, 2018, 01:42:34 PM
the problem with altcoins is that in recent years, more and more Scam projects that do not realize their promises, thus people choose coins time-tested bitcoin
newbie
Activity: 181
Merit: 0
August 20, 2018, 01:29:21 PM
I agree with you. although altcoins in General should not depend on bitcoin because all projects are different.
hero member
Activity: 1680
Merit: 505
August 20, 2018, 01:23:57 PM
The platform on which they were created has a significant impact on altcoins. Now it's mostly eth. If something happens to eth, it immediately bounces on the price of the rest of  altcoins. It is a very uncomfortable situation when a large part of the market depends on one coin.
newbie
Activity: 102
Merit: 0
August 20, 2018, 01:14:49 PM
The biggest problem of altcoin are many as it is, but it depends on their standards and potential with bitcoin,
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
August 20, 2018, 01:07:38 PM
....is their complete dependancy of Bitcoin. It really takes all the fun out of crypto trading.

No matter what kind of awesome progress some altcoins make....it doesn't change the trend upwards if Bitcoin doesn't allow it.

Pump and dump groups I also blame. Because of them I'm very positive that Bitcoin won't make it past 30 000 this year. 50 000 to 80 000 would be realistic without pump and dump groups dominating and controlling the prices.

Anyways, these things have to change somehow. The first altcoin developers who claim their absolute freedom from Bitcoin will be the real winners of this crypto game.
In actual problem is not single , many factors are working on it and that is making altcoin market badly to go down  .
First thing is the negativity that is easy to spread by the market manipulator and second mistake is of the traders who suddenly get into panic .
Actual the bug whales spread a small negative news into big and with that they sell also thuer assets in bulk amount to dump the market of the coin , and that create a big panic for the cryptocurrency users .
So here we need to take better action instead to go according to the manipulators .
Here we only need to take buy sell descion when we will remain in profit and also we will not take attention over the news that are creating fud and negativity in the cryptocurrency market .
This is not only a suggestion for particular numbers of the people but suggestion to everyone that they should spread this type of knowledge to everyone so that we will be able to stop the dump of altcoin market, otherwise it will go like it is going and no one will be able to control .
full member
Activity: 350
Merit: 100
August 20, 2018, 06:39:26 AM
....is their complete dependancy of Bitcoin. It really takes all the fun out of crypto trading.

No matter what kind of awesome progress some altcoins make....it doesn't change the trend upwards if Bitcoin doesn't allow it.

Pump and dump groups I also blame. Because of them, I'm very positive that Bitcoin won't make it past 30 000 this year. 50 000 to 80 000 would be realistic without pump and dump groups dominating and controlling the prices.

Anyways, these things have to change somehow. The first altcoin developers who claim their absolute freedom from Bitcoin will be the real winners of this crypto game.

I also think that the dependancy of Bitcoin has not a good effect on the altcoin prices. I hope we can see that every coin will rise and fall independently on the price of bitcoin.
I hope the same thing, bitcoin is something that is frightening for the altcoin trade. bitcoin has killed several altcoins and thrown it to the bottom.
all bitcoin movements are always badly responded by altcoin holders. I miss my trade, and bitcoin is stable.

I also missed my trading days. This bad prices don't let me make profitable trade. I really hope to see the bulls in a very near future and honestly, I want to make profit.
newbie
Activity: 82
Merit: 0
August 19, 2018, 11:19:40 AM
What you said is the real truth and all altcoins development are reliant on the Price of bitcoin. With regards to the cryptographic money world Bitcoin is the ruler and nothing can change that for the time being. There is dependably a decision party in all that we do as such I figure is nothing unexpected that BTC is the decision party with regards to altcoins. With regards to pump and dump and whale bunches those are the powers truly controlling the market.
full member
Activity: 406
Merit: 100
August 19, 2018, 06:31:20 AM
Hi, everybody. A pressing issue today. In my opinion that while altcoins, it is something like the second link, and therefore there is an opinion and I think it is, as soon as Bitcoin will crawl up, the violas will fly after him.
newbie
Activity: 224
Merit: 0
August 17, 2018, 08:21:04 PM
I'm my opinion the biggest problem of Altcoins is its unimaginable number which are getting put in the current market. We could not imagine a crowded cryptocurrency market and how many alts will decline.
newbie
Activity: 119
Merit: 0
August 19, 2018, 05:56:56 AM
As we know that almost all altcoins move toward becoming garbage when bitcoin isn't steady. In terms of dependence alt coin to bitcoin is a fairness because alt coin mimics and copies the same system as alt coin. therefore the resilience of bitcoin with its system is so sophisticated and very efficient in terms of time so fast and accurate.
jr. member
Activity: 336
Merit: 1
August 19, 2018, 05:54:00 AM
Well, first it's the WHALES and manipulators who spec course and podnimaet down and throws people out of the market,and 2 it's the government who put a spoke in the wheel and do not allow to develop normally,they want to control everything at the helm to stand the entire market,and 3 is already mosheniki and hackers,and since the market ambitions of his global
newbie
Activity: 85
Merit: 0
August 19, 2018, 05:49:20 AM
Bitcoin accounts for more than 50% of the market, which cannot be changed, but the influence of Bitcoin is decreasing. The market needs altcoin. Not only as an investment, the application of altcoin is very broad. Governments and businesses need such technology.
newbie
Activity: 69
Merit: 0
August 19, 2018, 05:23:23 AM
It's not about bitcoin. Just half the coins nobody needs. And the second half of coins can't make even user friendly interface. About what development then to speak.
full member
Activity: 630
Merit: 100
August 19, 2018, 05:12:11 AM
There are only some selected coins which are helping to run the crypto market and their project is helping to the world. But sixty percent coins are getting trade just to collect the money in the form of eth, btc, lite coin etc. Due to that problem people have less faith on the altcoins and not believe on the crypto currency.
jr. member
Activity: 340
Merit: 2
August 16, 2018, 08:45:02 AM
Whenever Altcoin is completely dependent on Bitcoin, then the market will gradually stabilize, while Bitcoin is still king at present, although many projects do not depend on Bitcoin but that is still happening.
newbie
Activity: 35
Merit: 0
August 19, 2018, 05:06:50 AM
I thoroughly concur with you. Altcoins move toward becoming garbage when bitcoin isn't steady. However, I don't believe it's workable for an altcoin to be free from bitcoin since all trades depend on this value framework.
newbie
Activity: 80
Merit: 0
August 18, 2018, 10:55:49 PM
The most concerning issue of ALT coins is that they can easiy hacked. AML Bitcoin (ABTC) are in agreeable with overall directions that is an awesome advantage for ABTC holders. These directions inlcudes: U.S Patriot Act, Bank Secrecy Act,Anti-Money Laundering, U.S Office of Foreign Assets, Control Compliant, Know Your Customer, Anti-hack and Anti-Theft and that's only the tip of the iceberg. Tap on this connection for more data: https://amlbitcoin.com
newbie
Activity: 70
Merit: 0
August 17, 2018, 10:28:31 PM
In my opinion, that won't happen, at least with our current mindset. Bitcoin dominance is more than 50%, and it would be very natural if the crypto trend refers to the situation of Bitcoin. So I think with the altcoin generation that was created at the moment, I don't think there will be many changes in market behavior.
newbie
Activity: 79
Merit: 0
August 17, 2018, 10:21:25 PM
you are right most of the altcoin are getting pump and dump by some investor but that life in this investment. This is very risky to invest and you need to play it smarter and you should learn more about in this kind of investment so you can get along with the others especially when mostly coin are getting dump or pump, but still long term holders always win  Wink
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