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Topic: The biggest problem of altcoins - page 43. (Read 4912 times)

jr. member
Activity: 154
Merit: 1
March 12, 2018, 10:30:45 PM
Eventually the alt coins will detach from bitcoin.  Obviously right now the market seems to follow the up and downs of bitcoin.  This won't always be the case the time is coming where a large number of the projects are able to stand on their own two feet and will have enough support to make gains even if bitcoin goes down.
full member
Activity: 322
Merit: 107
March 12, 2018, 08:56:02 PM
The problem in altcoins is we have no assurance for its development in the market.Pumps and dumps so sometimes we are get panic because of its crashed down.Not all altcoins would be successful like bitcoin value but being positive to it is our great assurance that it can be profitable soon in our investment.But all of them are depending on the bitcoin price so nothing to worry about their growth.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
March 12, 2018, 02:33:01 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.
Yes the altcoins are completely dependent on bitcoin, if bitcoin goes green all the alts too shows the green signal and if red all shows red. There can also be some exceptions like NEO, NEM, siacoin, ark etc but still they too can't pump much they will be saturating here and there with little differences. So bitcoin needs to be pumped up in order for the pumping of altcoins.
Not all the times that altcoin would really comes after on where do bitcoin price go which unlike before when bitcoins price tends to dump then it do really tends to pump out but the case as of now i do see which when bitcoins dumps down it does eventually dump too.The biggest problem of altcoin in my own view is that they are too many altcoins in the market being launched which supposed most of them are trash and just copying other else idea for the sake of money without even intentioning that they would able to built it for the sake of innovation.
newbie
Activity: 266
Merit: 0
March 12, 2018, 02:03:25 PM
As of now Bitcoin is completely depending on bitcoin chart sooner or later we see market respond to ETH then we can see paradigm shift
full member
Activity: 296
Merit: 100
March 12, 2018, 12:11:14 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.
Yes the altcoins are completely dependent on bitcoin, if bitcoin goes green all the alts too shows the green signal and if red all shows red. There can also be some exceptions like NEO, NEM, siacoin, ark etc but still they too can't pump much they will be saturating here and there with little differences. So bitcoin needs to be pumped up in order for the pumping of altcoins.
full member
Activity: 448
Merit: 103
March 12, 2018, 10:21:25 AM
Yes, the situation is really the same as you described. Especially now, after incredible growth, the topic of crypto-currencies has attracted too many people

The fun between bitcoin and alternative coins are really into the community,
people are joining the cryptocurrency madness because of the drama of all the coins.
Human really wants to have fun while gaining money and this digital currency is one of the biggest inventions that most of the people really want.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
March 12, 2018, 10:16:44 AM
The biggest problem is altcoins.
There may be many things in the altcoins problem. For example when the price of altcoins goes down. it's also a big deal because we've bought a high price suddenly dropped in price with a low.
full member
Activity: 840
Merit: 101
March 12, 2018, 09:25:38 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.

Even ethereum isn't even that close to bitcoin right now. I think bitcoin will be the king of cryptocurrencies in a long period of time. And I think right now every crash and rise of the value of the altcoins also depends on bitcoin.
jr. member
Activity: 39
Merit: 1
March 12, 2018, 05:12:34 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 think altcoin manipulation is much easier than btc and by this I don't invest in such.
sr. member
Activity: 2422
Merit: 357
March 12, 2018, 05:11:48 AM
I think it should be like that. Bitcoin is the pioneer of cryptocurrency and it becomes the basis for creating altcoins. Therefore, any movements on alts can be related  to bitcoins. One thing is that , people, including me, first saw bitcoins before looking for something new like altcoins on their investment. Im also looking forward to ETH for its potential to become the second bitcoin.
member
Activity: 364
Merit: 10
March 12, 2018, 04:51:28 AM
The problem is that bitcoin affects everything. Including general dynamics of the market. Many new projects cannot develop their own path.
full member
Activity: 224
Merit: 100
March 11, 2018, 05:28:18 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.
We can't do anything about it because most of the pairings in exchanges are in BTC and ETH, ETH could be the next thing if bitcoin falls its integrity and relevance to the market but as of now all of coins/tokens will still depend on BTC.
A dump in btc price could lead to dump of alts as well as during the pumps that is true.
member
Activity: 238
Merit: 10
ARIZN - Tokenised Crowdfunding Platform
March 11, 2018, 05:22:45 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.

You are right. I also think bitcoin's popularity is almost everything for the all altcoins, and I really don't like that. I hope to see a cryptocurrency world, which has altcoins that are gaining popularity and value just by their innovative features.
sr. member
Activity: 868
Merit: 289
March 11, 2018, 04:14:27 PM
The biggest problem of altcoins they don't have intrinsic value it's all underlying perception of its true value if bitcoin will get burst. Probably if the block reward will decrease on 2020 bitcoin will increase and from that year some alts will fall but some will rise from ashes.
full member
Activity: 255
Merit: 100
March 11, 2018, 10:28:29 AM
Yes, a lot of coins has some drawbacks, but it's early in the industry, and it will make you a lot of cash.
newbie
Activity: 76
Merit: 0
March 11, 2018, 10:09:08 AM
My choice for NEO, I think it will grow suddenly that you can not imagine
member
Activity: 518
Merit: 11
March 11, 2018, 09:11:58 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.

The biggest problem in altcoins that they are very dependent on external market and major projects that might affect hiking projects. Not everyone can purposefully develop over years, without investors.
member
Activity: 224
Merit: 11
March 10, 2018, 03:38:25 PM
itkoyn and altkoins are completely independent, their price depends on supply and demand, so there is no problem, since the alcottage can support the same demand.
full member
Activity: 476
Merit: 108
March 10, 2018, 02:03:26 PM
I agree, I must admit it's a very discouraging circumstance that seems to be more of a heavy predicament
especially when it goes lower as bitcoin goes down at the same time. It seems to struggle to breakaway
from bitcoins orbit in the market since they are indeed heavily affected with how bitcoin behaves. But with
that dependence from bitcoin also carries in an unlikely overlooked advantage as bitcoin's price climbs,
altcoins are also able to do so. It would be interesting to have a coin utterly independent of bitcoin's
performance within the market.
newbie
Activity: 182
Merit: 0
March 10, 2018, 07:05:40 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.

this is really a very big problem. I bought bitcoin and then bought altcoin for bitcoin and when bitcoin fell in price my Deposit also fell, although altcoin may not fall relative to bitcoin. I probably will trade in tandem with the dollar against bitfinex than paired with bitcoin
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