Post
Topic
Board Altcoin Discussion
Re: The biggest problem of altcoins
by
dalimex
on 27/07/2018, 03:19:42 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.

The biggest problem of altcoin is the decline in market value. The seller buys and buys a lot of altcoins when the price falls and hopes to sell it at a high price, until when? No one knows. As long as altcoins do not have a stand in determining their own prices, I think that forever will only be a complementary coin, not a priority.