Quote from: mummybtc on January 01, 2019, 05:00:39 PM

Quote from: dinoloverpete on December 23, 2018, 06:51:26 PM

Quote from: Crypto_Samuel on December 23, 2018, 05:39:37 PM

Now as the market looks more optimistic and with all the news of some of the coins going up substantially it's easier to forget, that most of them underperformed in terms of the forecasts that were made previously. Iota is up 67 percent, stratis 108 percent, and bitcoin cash 150 percent. Its an impressive recovery, but its certainly not a reversal. Back in January, expert traders were throwing out wildly ambitious end of year targets that, amidst full bull market hysteria, may not have seemed that outlandish at the time. So, what is ypur opinion on 2018's altc performance?

Altcoin performance should not be evaluated on price but on adoption. In that regard they're also largely failing. No coins had any major breakthroughs, there were some partnerships with large firms but no concrete information on how that would mean their coins would be used. Price is secondary to adoption because it follows it. If coins start having real world uses and adoption then their price will sky-rocket naturally instead of purely because of speculation.

In 2018 I can't say we have any real adoption, what I can say is that good projects with great teams focus more on development of their platforms and build a solid fundamantals in which they will build on when the adoption starts, I have seen many projects fall buy the way make me to think we still have a long way to go

Most of them are selling useless product and that's it. So many platforms are getting bankrupt and even ETC is a part of them. They are not using their funds effectively. They are not focusing on how to create revenue to keep the platform alive.