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Topic: The biggest problem of altcoins - page 4. (Read 4912 times)

member
Activity: 196
Merit: 10
September 16, 2018, 11:24:03 AM
I reckon some alt coins will uncouple from Bitcoin in time.. for example Power Ledger - its only in trials around the globe right now but once this Airbnb of Electricity gets going at scale across multiple continents & adopted into millions of homes and businesses it won't need bitcoin. nice that its up 17% tonight too Smiley
full member
Activity: 345
Merit: 114
September 16, 2018, 10:24:38 AM
undeniably all existing altcoins appear because of the presence of bitcoin. bitcoin is a pioneer of all existing altcoins.

Large movements in market prices are also largely due to the share of bitcoin.

it needs a team - concept - vision mission - purpose - and structure, which is clearly also solid to create altcoins that can beat bitcoin
sr. member
Activity: 490
Merit: 252
September 16, 2018, 10:17:22 AM
There are many cryptocurrencies out there. As technology advances, many cryptocurrencies are coming day by day.altcoin is one of the most expensive coins in the market once upon a time. But as many days are gone cryptocurrency and crypto marketplace are being down day by day. See you really made good points and I think you already mentioned all the problem of altcoin I'm your passage. See one of the most dangerous issues of altcoin is all the scams. This things make the altcoin reputation so low.
Many of the investors already lose their faith in that. So that many of them are already moved their investment on other coins. We suffer most on pump's and dumps groups. This things just broke the backbone of this marketplace. One of the most disgusting matters of altcoin is it totally depends on Bitcoin. So we can say that it's a depended coin. And the interest of the investment is to invest in freedom coins, not any depends on coins. All I want to say that is think twice or thrice before investment anywhere.
jr. member
Activity: 392
Merit: 1
September 16, 2018, 10:10:19 AM
The biggest problem with the altcoins is scam. It seems to me that the first thing we have to fight is precisely scam
newbie
Activity: 154
Merit: 0
September 16, 2018, 03:39:35 AM
Even though altcoin is currently quite a lot of users, it is still below that of bitcoin. Today, bitcoin has more and more users. Altcoin is disrupted because bitcoin on the crypto market is increasing compared to altcoins. And I really doubt if altcoin can be on top of bitcoin.
full member
Activity: 302
Merit: 100
September 16, 2018, 03:34:08 AM
The problem of altcoys is that they are not working coins, in their own number, but simply speculative tools, inflated by the promises of developers.
sr. member
Activity: 378
Merit: 250
Look ARROUND!
September 16, 2018, 03:31:13 AM
Yes, in most of the cases Altcoins truly act like this, with some exceptions of course. Maybe the trend will change, when some coin will surpass Bitcoin, but not sure when it will happen, now we have seen how vulnerable is Ethereum too.
full member
Activity: 263
Merit: 100
September 13, 2018, 02:17:52 PM
There are always some bleeding edge tech and new ideas, but altcoins devs mostly copypaste a code and trying to get money asap
member
Activity: 223
Merit: 11
September 08, 2018, 05:14:37 AM
Altcoin is depending on top coins such as BTC or ETH. It is because the  technology of altcoins are not completed and the investors do not totally believe in this altcoin, in downtrend, they only conceive in USDT or BTC
jr. member
Activity: 182
Merit: 4
September 08, 2018, 05:11:16 AM
I agree that all the counterfeits have to do with bitcoin.

If there's a coin that has nothing to do with bitcoin, then we're going to be profitable because bitcoin has mastered cryptocurrencies and blockchain.
newbie
Activity: 37
Merit: 0
September 08, 2018, 05:00:58 AM
Biggest problem of altcoins is lack of investments and that's why altcoins cannot rise properly.
because the current market is less passionate, but if it's like the end of last year will definitely show different numbers to attention.
newbie
Activity: 30
Merit: 0
September 08, 2018, 04:58:46 AM
Biggest problem of altcoins is lack of investments and that's why altcoins cannot rise properly.
member
Activity: 188
Merit: 10
September 08, 2018, 03:48:26 AM
I agree with you, it would be nice if this trend would change, but not that sure it actualy will in the near future. Bitcoin's dominance just got stronger in the last months, which makes the trend even more solid IMO.
newbie
Activity: 37
Merit: 0
September 07, 2018, 10:46:22 AM
When it comes to the crypto world BTC 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 r the forces really manipulating the market.
jr. member
Activity: 140
Merit: 1
September 06, 2018, 01:56:33 PM
Well, the statement is true, but if we want to be positive, at least we can analyse the market more easily Cheesy
full member
Activity: 221
Merit: 101
September 05, 2018, 08:39:00 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.
Altcoin cannot scape from the shadow of Bitcoin because they only replica of Bitcoin. No matter how good their technology they cannot deny the reality that they will not exist without bitcoin. Unless they came up with something new that is better than blockchain technology, they will remain in the shadow of bitcoin.
member
Activity: 196
Merit: 10
September 05, 2018, 05:42:56 AM
As long as Bitcoin will be the number one coin, I do not see this trend would change. It is just too deep in the mind of people, that the market works like this, and a habbit like this can be changed very difficult.
member
Activity: 420
Merit: 18
September 05, 2018, 02:50:13 AM
The Biggest problem with altcoins is they are depending on the bitcoin price market and they are a trend to lose their value when they are downtrend altcoins independent on  bitcoin we can see growth
newbie
Activity: 86
Merit: 0
September 05, 2018, 02:35:05 AM
I believe that the entire issue is that new individuals most importantly catch wind of bitcoin, they don't think about the presence of altcoins, and simply subsequent to concentrate the extent of the I totally concur with your announcement. This is regular issue of our field and you can just maintain a strategic distance from it once the altcoin had solid group. Goodluck to us and goodluck to future financial specialist of each altcoincrypto cash they comprehend that there are exceptionally fascinating activities.
newbie
Activity: 27
Merit: 0
September 03, 2018, 10:04:06 PM
The problem of altcoin is the dependence on the price of BTC, where when bitcoin rises it will go up, and vice versa. But, maybe in the near future we will see a different situation, everything is possible in the cryptocurrency market, and I hope the altcoin developers overcome this problem.
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