Topic: The biggest problem of altcoins - page 6. (Read 4912 times)
I think the biggest problems of altcoins is SCAM and also s#it coins with nothing behind them. This is why alts have bad reputation, and the good one undervalued
it is true that the current price of bitcoin is still controlling other altcoins, but it is possible that someday it will be displaced by an altcoin, a very good altcoin project will be able to shift the existence of bitcoin, such as ETH, NEO and new altcoins that are successful. a competitor of bitcoin, only now many failed ICOs can also reduce confidence in them, so the altcoin problem depends on whether or not a project is good
will yes you are right but if you know that the alts have a good project in the future i guess i am not worried about the dumping of the coins at the early exchange that the coin are listed, i rather preferred to buy even more since i know that the coin is worth to hold and get good profit in the future
I think the biggest problem right now is the increasing number of fake coins and ICO's and if that can't be controlled we would be seeing a dying economy of altcoins. We need more security tokens right now or platforms that can secure us from these fraud ICO
Yes, there is a dependence on bitcoin, and it is huge. this was especially evident in 2017. When bitcoin had growth and all other coins grew. Bitcoin has collapsed and altcoins is behind it.
It's because it's hard to be recognized and to be trusted in the market. All of altcoins suffer from doubts and FUD that keeps them from standing on their feet unlike bitcoin that is already established before a lot of FUD arrives.
It was not always like this. Most altcoins strongly depend on bitcoin, but not all of them. At the beginning of the year, when bitcoin had already fallen dramatically, the Ethereum cost more than a thousand dollars, because it was in demand in various ICOs. Bitcoin has a strong effect on all cryptomarket because of its high capitalization compared to other cryptocurrencies.
The biggest problem with altcoins is that the bandwidth of the Ethereum's network is 20 operations per second. This is already very little.
I think this cycle will continue and cannot be stopped as long as the cryptocurrency world is still alive. The current price dependence of altcoins from Bitcoin is indeed the biggest problem now for the cryptocurrancy currency market. Such a situation cannot be considered a market, if all cryptocurrancy currencies depend on the price of Bitcoin. This is no longer a market. The market will only be available if each coin or independent token is in the price policy.
What options to overcome this situation does the market have in this case? Personally, I see the prospects for independent growth of Altcoins only if Bitcoin leaves the market at all, but judging by the current state, this definitely will not happen for a few more years. What, in your opinion, should happen so that the price of Altcoins ceased to depend on the price of Bitcoin?
The development of the Altcoins since the birth of Bitcoin and until now still has issues that the community needs to think and solve. Most of the Altcoins are heavily dependent on Bitcoin's up and down and current bitcoin prices on Altcoins are also up and even ICOS campaigns have become difficult because Bitcoin is down to capital mobilization. Difficulties lead to cases where Altcoins date out as much but as easy to deceive. If the Altcoins do not try to escape and be independent of Bitcoin, the crypto market will be very dangerous.
Maybe if the alternative Bitcoin developers or what we call alt coin itself can work well, like multiplying users, must be accompanied by miners, and many are adopting. maybe the alt coin they created will not fail half way. Popularity is also one of the reasons
There are always some exceptions, but truly 99% of the Altcoins acts like this. It is kindof funny, seeing all the coins in green, and the only question, which has gained more. And not that funny to see the opposite happening 
I think we need a strong competitor to Bitcoin, one which will surpass, and than this trend might will change.
I think we need a strong competitor to Bitcoin, one which will surpass, and than this trend might will change. 
I can't disagree with you! Altcoins do have a great dependence on the BTC rate. But what to do. BTC is the first and fundamental cryptocurrency in the entire cryptocurrency space, which naturally affects all other followers of blockchain technology. What to do with it, I don't know. And on the statement of other developers that their coin will not depend on BTC rate, I am a little confused. But if they succeed, it will make a splash in the whole cryptocurrency space!!!
There are so many problems that many people at altcoins often do not raise their prices and have fallen in price even today.
The biggest problem of altcoin are many, but the potential of a coin depends on its market price stability and some altcoin do not worth investing into them
You're right. I think their biggest problem is that they are not innovative enough and unique, they don’t offer beneficial technologies. And of course, many of them are scams, but it's a problem with their developers team, I don't consider scam coins as coins, I consider them as scam.
altcoins are depended on bitcoin as it is the main source and also other block chain coins are developing too, as the bitcoin is the only coin which made the market to this range, it takes time for other coins to make a good position in the market like ETH and NEO these both coins have also increased a lot in past years but this takes time thats it.
Everything is values in BTC terms so all the altcoins are by implication reliant on the lord. BTC strength will diminish extra time and the tasks behind all these altcoins will be sufficiently solid to have a say in the market.
The crypto market is relatively small and the dependency from BTC price is really a problem for alts. I think in the future when market surpass $1 trillion there will be different market situation with independent coins with opposite price movements than BTC.
Pump and dump groups are just a group of people who try to monopolize the price of an altcoin by buying together and selling it together, but I don't think they are too influential, until now I have never believed what the people they call masters said in their fields. because I believe, I can or even better than them. and so far, I can get lots of trading
I think this cycle will continue and cannot be stopped as long as the cryptocurrency world is still alive. The current price dependence of altcoins from Bitcoin is indeed the biggest problem now for the cryptocurrancy currency market. Such a situation cannot be considered a market, if all cryptocurrancy currencies depend on the price of Bitcoin. This is no longer a market. The market will only be available if each coin or independent token is in the price policy.
The biggest problem I see also is the market price, when the price goes down, the investors are loosing their investments and they are also loosing their trust in crypto and do panic selling sometimes.
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