Post
Topic
Board Altcoin Discussion
Re: The biggest problem of altcoins
by
vectorshield
on 05/03/2018, 22:21:16 UTC
....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.