Topic: The biggest problem of altcoins - page 44. (Read 4878 times)
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.
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.
....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.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 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.
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.
....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. 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.
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... 
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
....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.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.
Investors need to learn and buy potential coin because of the increasing altcoins.
I suppose a legitimate company needs to be behind the altcoin or a roadmap that the team regularly accomplishes need to be present
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
You are right! With that problem I can`t sleep at night! 
Thinking about ALT`s and bitcoin whole night
Thinking about ALT`s and bitcoin whole night
all altcoins reputation depends on trading
and how many exchangers support it.
and how many exchangers support it.
....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.
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...
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.
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.
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))
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.
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.
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.
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.
However, some strong coins (like ETH) are already showing some independency.
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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