....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 that is just an effect, the real problem for altcoins is that no one is using them for anything other than to speculate with the price, that is why they cannot move independently from bitcoin, once an altcoin becomes successful and it is used in whatever they are trying to achieve then that coin will achieve independence from bitcoin, and until that happens altcoins will still be very dependent on the movements of bitcoin.
Important companies are study introduce tecnology of blockchain, but they want to create their own coins. Only coins with companies behind them survive in my opinion.