When did altcoins got so popular? - page 2.

CowboyKiller

sr. member

Activity: 463

Merit: 250

Quote from: Heirloomz on September 01, 2017, 11:09:46 AM

Altcoins are a lot more diverse rather than bitcoin and offer development for projects that further economic businesses. For example Ripple provides banks to source liquidity on demand in real time
without having to pre-fund nostro accounts (From the website).

Ripple cannot call is an altcoin, for me it just token asset and the value of it very high if compare with the potential or real value. We also know cryptocurrency is decentralization and Ripple doing the opposite this defition. Bank use this coin for transfer money = centralization.

playingpoodles

member

Activity: 107

Merit: 10

I think it was in 2016 or so. Bitcoin's scaling issues showed no end in sight, and people had had enough. It Dash and Eth went nuts, then Ripple finally took on this serious markets guy, I think from CME or something. His orders were, pump the old girl, and boy did he! (Kind of contradicted repeated previous public statements that they'd never pump XRP and would work against that, but hey if people are throwing money at you, who says no?)

Heirloomz

newbie

Activity: 7

Merit: 0

Altcoins are a lot more diverse rather than bitcoin and offer development for projects that further economic businesses. For example Ripple provides banks to source liquidity on demand in real time
without having to pre-fund nostro accounts (From the website).

wurth

sr. member

Activity: 331

Merit: 250

Blockchain Just Entered The Real World

Quote from: Lady Coquet on September 01, 2017, 08:37:17 AM

Quote from: viking02 on August 06, 2017, 06:54:29 PM

Hey all. I would like to know this. We all know bitcoin got well know a while back. But it wasn't until this year when bitcoin hit 1000 dollars when everyone became aware of it. Then it went up more and more etc. I did not know much about any other coins besides litecoin. I had no clue there were so many coins etc.

Well what i want to know is when exactly did all these altcoins got so popular but most importantly, were there lot of discussions of altcoins before bitcoin hit 1000 dollars? Because had i know about these altcoins, i probably would have gotten a good bit of them at low prices. I had no clue litecoin was so low price at the start of this year. Basically every altcoin in the top 25 etc has went up a lot where you could have made so much money etc.

In my own opinion, altcoin started to be popular when bitcoin's price started to increase even the altcoins price thats why many people started to use altcoin. Bitcoin and altcoin has a big connection because some people says when you use bitcoin you need to try to use altcoin too for a more better earnings.

You can understand the capital from Bitcoin market (BTC/USD) will transfer to altcoin market after the price of Bitcoin stable. Because most trader are speculator in recent, they buy Bitcoin for the reason the value of it increase fast. After see altcoin on market increase fast than Bitcoin, they will transfer their Bitcoin to Altcoin, do not need create trap.

Vinalians

sr. member

Activity: 819

Merit: 251

well i did not really know when did the altcoins got so famous but the reason behind it is, most of the people want to repeat the history like bitcoin, they want to buy altcoins because they are expecting that the coin that they buy will be like bitcoin

Lady Coquet

sr. member

Activity: 454

Merit: 251

Quote from: viking02 on August 06, 2017, 06:54:29 PM

Hey all. I would like to know this. We all know bitcoin got well know a while back. But it wasn't until this year when bitcoin hit 1000 dollars when everyone became aware of it. Then it went up more and more etc. I did not know much about any other coins besides litecoin. I had no clue there were so many coins etc.

Well what i want to know is when exactly did all these altcoins got so popular but most importantly, were there lot of discussions of altcoins before bitcoin hit 1000 dollars? Because had i know about these altcoins, i probably would have gotten a good bit of them at low prices. I had no clue litecoin was so low price at the start of this year. Basically every altcoin in the top 25 etc has went up a lot where you could have made so much money etc.

In my own opinion, altcoin started to be popular when bitcoin's price started to increase even the altcoins price thats why many people started to use altcoin. Bitcoin and altcoin has a big connection because some people says when you use bitcoin you need to try to use altcoin too for a more better earnings.

PepperaOnIt

full member

Activity: 266

Merit: 100

When the bitcoin price is increasing in about a year ago the idea of new coins is start to crate and thats the beggining of the altcoins

viking02

hero member

Activity: 770

Merit: 500

🌟 COMSA ICO: 10/02/17 🌟

Was it altcoin forum that popular here before bitcoin exploded above 500 dollars? I remember in 2016, bitcoin was pretty stable at the 300-450 area for a while etc. Then it got so high all the way to 500, then 1000 and beyond etc. Then once it got that high, that is when i started reading about altcoins. I noticed that many of the top altcoins were still very cheap prices etc. So wouldn't that mean these altcoins that popular etc?

Machanto

member

Activity: 63

Merit: 10

With the success of Bitcoin we entered the crypto era, many developers who saw the success of that exact cryptocurrency had the ambition to create their own, backed by the people who believed in them and investors trying to find the perfect coin that will make them millionaires we ended up with huge amount of altcoins, shite or not. In order to answer the question: When did altcoins get so popular? It was after people saw the success of BTC

meliodas

sr. member

Activity: 742

Merit: 329

CryptoTalk.Org - Get Paid for every Post!

Quote from: viking02 on August 06, 2017, 06:54:29 PM

Hey all. I would like to know this. We all know bitcoin got well know a while back. But it wasn't until this year when bitcoin hit 1000 dollars when everyone became aware of it. Then it went up more and more etc. I did not know much about any other coins besides litecoin. I had no clue there were so many coins etc.

Well what i want to know is when exactly did all these altcoins got so popular but most importantly, were there lot of discussions of altcoins before bitcoin hit 1000 dollars? Because had i know about these altcoins, i probably would have gotten a good bit of them at low prices. I had no clue litecoin was so low price at the start of this year. Basically every altcoin in the top 25 etc has went up a lot where you could have made so much money etc.

I think it got popular just few years back because altcoin involved a lot of money and a lot of people are taking advantage of it. Altcoins are good for trading, you can earn a lot of money through altcoin trading. I think it's one of the best attribute of atlcoin.

crismass1225

member

Activity: 98

Merit: 10

because the bitcoin are so expensive tech team develop alternative coin that can trade and invest. most of them are low in price but because of continue mining and trading their value increase. it just like when the law of supply and demand....

flower1024

legendary

Activity: 1428

Merit: 1000

Quote from: tleilaxu_eyes on August 13, 2017, 11:33:51 AM

Yeah, last 1-2 years it has been almost ridiculous. For a few months in the spring it seemed like every single coin (even the sh!tcoins and scamcoin) was doing well. It was as if people were buying BTC from all over and just throwing money at altcoins. By July many of them were gutted, but they're already recovering.

Yup last month all altcoins got value, and many people are invested in almost all altcoins. When this segwit2x announced from that time people are started to buy altcoins. Before ETH I think no one showed interest on altcoins. When the ETH stands in the market, and suddenly the price of the ETH increased people are started to believe in altcoins.

tleilaxu_eyes

full member

Activity: 145

Merit: 100

Yeah, last 1-2 years it has been almost ridiculous. For a few months in the spring it seemed like every single coin (even the sh!tcoins and scamcoin) was doing well. It was as if people were buying BTC from all over and just throwing money at altcoins. By July many of them were gutted, but they're already recovering.

Nivir

hero member

Activity: 868

Merit: 506

I think altcoins got popular 2 years or maybe last year when everyone was into faucets and claimed a lot from those. Now the ones that are popular are from ICO's, the tokens and coins you got out of the project.

equator

legendary

Activity: 1190

Merit: 1002

Quote from: viking02 on August 06, 2017, 06:54:29 PM

Hey all. I would like to know this. We all know bitcoin got well know a while back. But it wasn't until this year when bitcoin hit 1000 dollars when everyone became aware of it. Then it went up more and more etc. I did not know much about any other coins besides litecoin. I had no clue there were so many coins etc.

Well what i want to know is when exactly did all these altcoins got so popular but most importantly, were there lot of discussions of altcoins before bitcoin hit 1000 dollars? Because had i know about these altcoins, i probably would have gotten a good bit of them at low prices. I had no clue litecoin was so low price at the start of this year. Basically every altcoin in the top 25 etc has went up a lot where you could have made so much money etc.

It is because their are some altcoins which are worth to hold for long and they are working very good with lot of projects, and as everyone said altcoins are mostly created to make money fast buy pump and dump.

AbsoluteT

sr. member

Activity: 512

Merit: 250

Everyone wants to buy into the next Bitcoin or the next Ethereum it's that simple.
and they will get there chance many new alt coins are skyrockting good luck to them all

nightrider

sr. member

Activity: 348

Merit: 252

Quote from: dimatu on August 08, 2017, 03:40:25 AM

It's not that altcoins became popular, it is that ICOs and startup built around those models provide innovations, need, and liquidity, this coupled with the general crypto currency adoption makes it good reason to see them shine.

ICO in particular and all the altcoin in general are booming strong. Despite the uncertainty of the market, they are becoming more and more popular. This makes all of us fall into a bubble, and it can explode at any time.

Broly46

full member

Activity: 1554

Merit: 116

0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC

It is getting a lot of attentions early this year, something to do with ico(s) coming out everyday.
I could be wrong. Roll Eyes

melted349

sr. member

Activity: 462

Merit: 250

Quote from: Glok17 on August 13, 2017, 10:17:03 AM

Quote from: xuan87 on August 08, 2017, 04:36:38 AM

Alt coin has become popular because it gives a very promising profit, and some of the alt coin can give more profit than Bitcoin and trading alt coin is more profitable than bitcoin, many people gained more profit with trading alt coin, alt coin is really suitable for short term investment

I think you're right and economical motivation is very high for most people. Profit attracts attention and here comes real development

Altcoin thats right it is profitable in any aspects thats why it become more popular as of now.

Glok17

full member

Activity: 319

Merit: 100

Quote from: xuan87 on August 08, 2017, 04:36:38 AM

Alt coin has become popular because it gives a very promising profit, and some of the alt coin can give more profit than Bitcoin and trading alt coin is more profitable than bitcoin, many people gained more profit with trading alt coin, alt coin is really suitable for short term investment

I think you're right and economical motivation is very high for most people. Profit attracts attention and here comes real development

Topic: When did altcoins got so popular? - page 2. (Read 2748 times)