It`s only a matter of time only, BTC became the reference for the other coins because his appearance made the digital market crypto starts to dilate its name. Reasonable just after it began appearing and r based on the price of the BTC. Dont cover the possibility of the longer the coin will appear that can rival the BTC and I think the most approach is the ETH.
Topic: The biggest problem of altcoins - page 38. (Read 4912 times)
That's true! And in the future it should change. BTC dominance should decrease and the projects behind all these altcoins should be much less dependant on it. Often happens this scenario, when some altcoin release updates or great news, the price of the coin starts to go up, but unstable behavior of BTC cut the impulse and preventing the price to grow.
And I think that ,bitcoin is still the most expensive cryptocurrency, but its impact on the entire market will be every year to decrease. Perhaps on the foreground there will be some other cryptocurrency which we still do not know, but in any case the changes will be. What? We can only guess. Personally, I don't see a future without cryptocurrency.Example bitcoin, bitcoin is the best in the form of privacy and transparent but it does not use as mainstream adoption. That is the most problem of cryptocurrency.
fo somehow altcoin is dependent on BTC but it is just temporary some altcoin are now are stabilizing their price even btc pump and dump... they maybe affected since many investor know btc as their primary coin.
Because bitcoin is king. Should altcoin have to follow it, this is almost obvious.
As for me, it is the overflowing of the market by non-stop ICO projects (however, it's understandable, everyone wants a piece of a pie).
Investments in altcoyins look quite promising in 2018, but it is worthwhile to think and ponder where to invest your money. Since the choice is large, focus on the purpose of creating a separate altcoyin and its dynamics over a long period, at least the size of a year, so as not to become a victim of scammers on crypto-exchanges.
I guess they cant reach the level of bitcoin
I believe in altcoins and a new coins and tokens. It will clear out in a next few years. Those who have a good product will go close to the top.
We can see bitcoin as a gold if we compare it to the fiat system.Bitcoin is not necessarily a bad thing.
We can see bitcoin as a gold if we compare it to the fiat system.Bitcoin is not necessarily a bad thing.
The problem in altcoins is we have no assurance for its development in the market. Pumps and dumps so sometimes we r get panic because of its crashed down. Not all altcoins would be successful like BTC value but being positive to it`s our great assurance that it can be profitable soon in our investment. But all of them r depending on the BTC price so nothing to worry about their growth.
The problem with Altcoin is that it reacts excessively to the bitcoin fluctuation. Uncertainty is increasing in the long run. In this case you have to make buy-sell constantly. Find new projects, research, can be troublesome to trust. Sometimes the project can also be scam. Material and spiritual loss.
The biggest problem of altcoins is the red market, of course.
Red is good, green is not, if you know what I mean 
But the lack of interest on the part of the community, and the emergence of competitors no less affects the situation.
There is huge interest, i believe everyone bought altcoins on their peaks and now everyone is waiting for pumps which are not happening. Also, investors are investing in ICO's and less people are investing in altcoins.
....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.
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.
While bitcoin will be much superior to all in terms of capitalization, all altcoin will depend heavily on bitcoin, because people are afraid that if the bitcoin disappears, all other altcoin will not be either.
This market usually called high-risk, they say, investing money in it involves the expectation of high incomes, but also with increased risk. Capital behaves exactly the opposite - in BTC (and therefore, given the positive correlation between the crypto, and in all kriptonok) there is an increase in investments when capital sees the danger of slowing the growth of the world economy.
This is not a problem, but a feature of altcoins. They are nominated in bitcoin, and naturally their exchange rate relative to fiat currencies varies with the price of bitcoin.
what are you talking about? 30 000? you think that it can grow more than 7 times? where such optimistic forecasts?
No doubt that biggest problem of altcoins is huge quantity differents kind of coins. peoples can't to see, to understand, to learn about it. its very diffeicult to decide which of them are useful and profitable in future.
You said it right. What if they break the bond from btc and start forming a bond on usd only. Wouldn't it be great for it? It might stat its way on going up by itself only and probably, we might go on alts alone.
It been already done on such thing where there are really alts which doesnt really rely on bitcoin alone for them to be converted. Just like ETH and other top coins they do have significant USD value which you can directly convert.The biggest problem of altcoins is on their actual usage on where we do have seen lots of them on the market which do have similar ideas and functionalities which sooner or later those coins do have unique usage or benefits would really remain in the end.
What you said is the actual truth and all altcoins growth are dependent on the Price of bitcoin. When it comes to the cryptocurrency world Bitcoin is the king and nothing can change that for now. There is always a ruling party in everything we do so i guess is no surprise that BTC is the ruling party when it comes to altcoins. When it comes to pump and dump and whale groups those are the forces really manipulating the market.
You said it right. What if they break the bond from btc and start forming a bond on usd only. Wouldn't it be great for it? It might stat its way on going up by itself only and probably, we might go on alts alone.
The Biggest Problem with altcoins is altcoins depend on bitcoin prices so whenever bitcoin price fluctuates we see altcoin prices fall down very badly if this nt to happen then altcoins should be independently value in between altcoins
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