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Topic: The biggest problem of altcoins - page 44. (Read 4912 times)

sr. member
Activity: 644
Merit: 250
March 10, 2018, 04:47:19 AM
I think that the biggest problem of alcoins is a big quantity  different kinds of coins. It so difficult to monitor trends and news about it and too difficult to decide which coin is good and promise big profit.
full member
Activity: 326
Merit: 100
March 10, 2018, 03:15:00 AM
The cycle would still continue and cant be stopped as long this cryptocurrency world do lives.Bitcoin cant guaranteed on not to be replaced by an altcoin.It all depends on the people who do support it we cant say that this would last forever and we do all know that technology do evolve as the years goes by and people might seek for more updated and more features that might able to see into newer coins.
legendary
Activity: 3122
Merit: 1140
March 05, 2018, 05:33:01 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.
A coin can move independently from bitcoin but they need to reach a certain price if they do not then it is logical they follow closely the price of bitcoin, you need to deal with it and accept it trying to deny such a thing is only going to give you losses in the long run and if you are like most investors then I suppose you are not here to lose money but to earn it.
There are really coins which can able to manage to be strong even bitcoin is on bullish run.They do able to withstand such trend and doesnt effect majorly to its value.Only potential coins do have the possibility on sustaining for longer terms and trash would eventually dump out in the market.

The 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.
When we do talk about on investors side then this would be the problem yet there are already lots of coins in the market which would really divide out the potential value of a certain coin which is really worth it.Too much too choose since numbers is flooded throughout the market.
member
Activity: 448
Merit: 10
Join FlipNpik Telegram : t.me/flipnpikico
March 05, 2018, 05:04:57 PM
 The 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.
newbie
Activity: 59
Merit: 0
March 05, 2018, 05:21:16 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.
A coin can move independently from bitcoin but they need to reach a certain price if they do not then it is logical they follow closely the price of bitcoin, you need to deal with it and accept it trying to deny such a thing is only going to give you losses in the long run and if you are like most investors then I suppose you are not here to lose money but to earn it.
full member
Activity: 249
Merit: 102
March 05, 2018, 04:14:53 PM
BTC is a grandfather for which everyone follows both to the bottom and to the top , but perhaps everything will change the cryptocurrency market is only being built
I think that many good coins are at the initial stage of the project. But "grandfather" is near 50% of capitalization og market. On the one hand this is not very good, but on the other hand, everyone knows why such a growth of Bitcoin... Grin Cheesy Wink
newbie
Activity: 140
Merit: 0
March 05, 2018, 01:14:14 PM
BTC is a grandfather for which everyone follows both to the bottom and to the top , but perhaps everything will change the cryptocurrency market is only being built
full member
Activity: 742
Merit: 100
March 05, 2018, 01:13:13 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.
Like your thoughts. Altcoins are completely dependent on Bitcoin. Besides there are lots of garbage coin, small volume and it pump very fast, x5- x10 and then drops rapidly.
Investors need to learn and buy potential coin because of the increasing altcoins.
newbie
Activity: 42
Merit: 0
March 05, 2018, 09:35:26 AM
#99
I suppose a legitimate company needs to be behind the altcoin or a roadmap that the team regularly accomplishes need to be present
full member
Activity: 503
Merit: 102
March 05, 2018, 07:28:43 AM
#98
People took a look back and see that bitcoin went from one cent to 20k and think, that some altcoins can repeat this success, but i think, this is just fake hope and once we will see a lot of sad people who lost their all money in altcoins
newbie
Activity: 45
Merit: 0
March 05, 2018, 07:00:23 AM
#97
You are right! With that problem I can`t sleep at night! Cry Thinking about ALT`s and bitcoin whole night
newbie
Activity: 1
Merit: 0
March 05, 2018, 06:26:50 AM
#96
all altcoins reputation depends on trading
 and how many exchangers support it.

full member
Activity: 378
Merit: 100
ApolloX
March 05, 2018, 05:57:38 AM
#95
....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.

Also there are too much of them. And only a little of them possess a working product - that's a crazy problem. What scares the most - everyone buys them just to re-sell...
jr. member
Activity: 196
Merit: 5
March 04, 2018, 04:40:11 PM
#94
Many Bitcoin fans claim that altcoins are absolutely unnecessary, because they simply can not succeed. They believe that alternative types of digital coins are not able to compete with the infrastructure that Bitcoin possesses.
Altcoins provide competition to Bitkonin in the market, makes the developers of the blockade support activity and strive for new innovations. Otherwise, the world's first crypto currency may lose its popularity and value.

Altkoins, in turn, are even more unstable. This can be seen well by studying the graphs for a certain period. Since they have low market frameworks, including low capitalization, such coins are highly exposed to price manipulation. This is successfully used by large market makers or "financial whales". They tend to buy inexpensive coins in large quantities, causing their price to skyrocket.

As soon as it significantly increases, they "throw off" coins with a big profit, damaging many small and medium trusting investors, who catch "bait", trying to make money on the growth of the market. Often the price is so low that it leads to the "death" of weak alcoins that do not have a solid foundation in the form of any technical innovations or characteristics that favorably distinguish them from their own kind.
full member
Activity: 336
Merit: 100
March 04, 2018, 04:24:33 PM
#93
one of the most painful problems of alcoins is a big quantity different kinds of coins. it causes a headache to monitor trends and news about all of it. too difficult to decide which coin is good and promise big profit. but for this we r all here))
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
March 04, 2018, 02:50:33 PM
#92
Right. altcoin is always dangerous because it can be scam at any time. a coin is not practical, it is easy to scam

If invested or bought an unknown coin then chances are very high that it would be dumped quickly or get scammed as those are money making tricks by the developer of the coin. So always do not invest a lot of money on such coin and do your study thoroughly so that you can reach on some decision and pick the right coin for purchase.


Bitconnect is the perfect example for this. They have own wallet and exchange platform but they cheated many people as it got reported on this forum multiple times.
We need to check the project potential level and sell the coin if that reaches to expected value level.
Cheap altcoins also bump in the marker later but need to learn their white paper to understand whether is the future focus on their toad map.
Right man, bitconnect was a coin for newbies with strong marketing. I don't think that experience crypto users have fallen into this trap
Sad to say but there were lots of people being victimized with that scheme which turns out even experienced ones been falled out to this ponzi scheme.These kind of situations cant really be avoided since scams do really exist into this cryptocurrency world.Prices of alts do majorly affected when it comes to bitcoin prices movement but not all the time since some do have different movement even how bearish the market.
newbie
Activity: 112
Merit: 0
March 04, 2018, 01:56:35 PM
#91
What you say is like, the first cell who will left the main body will be the winner? If the single cell can live without the main body and has the capabilities to regenerate new cells then it has a chance of surviving, same with the coin who want to be independent , science view of crypto separation from BTC.
member
Activity: 147
Merit: 11
OpenMind y amante de la tecnología Blockchain
March 04, 2018, 01:11:18 PM
#90
Actually all moves on with bitcoin, but i think that in a little period of time, the good project go up and a lot of bad coins go down.
newbie
Activity: 110
Merit: 0
March 04, 2018, 11:51:01 AM
#89
I think it's because most of the altcoins could be bought/sold for BTC only, so naturally BTC price would influence it.

However, some strong coins (like ETH) are already showing some independency.
sr. member
Activity: 993
Merit: 250
Moonbet.io
March 04, 2018, 11:07:46 AM
#88
the big problem on altcoin is only from the coin team itself wants to grow or want to stop that's just my opinion
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