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Author Topic: One major altcoins drawbacks  (Read 6605 times)

Offline bitcoinku

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Re: One major altcoins drawbacks
« Reply #15 on: June 07, 2019, 03:43:01 PM »
Most disturbing drawback? It's as if it's a very bad thing. Remember that even a slow recovery presents an opportunity, you are given more time to accumulate. Instead of being worried, just take advantage.
Many people are afraid of this situation, because prices are still falling. While many also say this is a great opportunity to collect more assets because of very low prices

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Re: One major altcoins drawbacks
« Reply #15 on: June 07, 2019, 03:43:01 PM »

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Re: One major altcoins drawbacks
« Reply #16 on: June 07, 2019, 05:44:17 PM »
The weakness of the altcoin is that it is difficult to know its success and endurance in the long run, and also the popularity far below bitcoin.

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Re: One major altcoins drawbacks
« Reply #17 on: June 11, 2019, 10:57:56 AM »
The weakness of the altcoin is that it is difficult to know its success and endurance in the long run, and also the popularity far below bitcoin.
BTC popularity is really very high as it's the first crypto coin. But coins like ETH LTC are also very popular as they have long been on the market. They even have some better parameters than BTC, but the BTC's ubiquitous popularity does not give them such growth. In the long run, I I think all the good altcoins will give a very good growth and profit

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Re: One major altcoins drawbacks
« Reply #18 on: June 11, 2019, 06:13:03 PM »
Altcoins are still at the mercy of Bitcoin. There's no specific pattern since they react differently but they react nonetheless. Sometimes you see them drop with bitcoin, and then recovers at the same rate with bitcoin. Sometimes you see a different reaction, bitcoin recovers while altcoins continue to bleed. It's just one those things.
It's right. As long as Bitcoin will directly dominate the cryptocurrency market, until the Altcoins will behave in the same way. This is due to the high level of Bitcoin capitalization. According to the laws of the market, its level of capitalization will inevitably fall over time, and the level of prices for cryptocurrency will not be as different as now the price of Bitcoin is different from the rest of cryptocurrency. Sky-high projected prices for Bitcoin, these are only pink dreams of its holders and they are unlikely to ever come true. The laws of the market say the opposite and above all the Bitcoin holders themselves will constantly keep its price down because they want to lock in their profits.
I believe that with time, the Altcoins will become free from price domination or it will be completely insignificant.

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Re: One major altcoins drawbacks
« Reply #19 on: June 12, 2019, 05:26:43 AM »
But not with LiteCoin which has character traits for Halving.
I bought Litecoin on the Indodax market and now LiteCoin prices are up by around 6-7%.
I also saw a price chart that was different between Bitcoin and LiteCoin in Coinmarketcap when I made this post.

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Offline pelana vreo

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Re: One major altcoins drawbacks
« Reply #20 on: June 12, 2019, 10:05:14 AM »
The weakness of the altcoin is that it is difficult to know its success and endurance in the long run, and also the popularity far below bitcoin.

Altcoin is the future of Bitcoin, with Altcoin we can see products that continue to look good all the time, such as crypto wallets, crypto phones and others.
Altcoin prices always follow the trend of Bitcoin prices, this will always happen because Bitcoin is very strong and has many large investors from 2010

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Re: One major altcoins drawbacks
« Reply #21 on: June 12, 2019, 02:25:21 PM »
I also do not like this situation with altcoins. I don’t like it when Bitcoin goes down, since altcoins are very long restored after that, because Bitcoin is very popular and its recovery is fast, and altcoins are not popular and their price goes up and needs very good news.
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Re: One major altcoins drawbacks
« Reply #21 on: June 12, 2019, 02:25:21 PM »


Offline LogiC

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Re: One major altcoins drawbacks
« Reply #22 on: June 12, 2019, 02:29:38 PM »
I think the most disturbing altcoins drawbacks is its  inability to recover significantly by its percentage propotion to the Bitcoin price since the inception of crypto. For instance, bitcoin price can crash by 14% to 20% and come back immediately to thesame percentage price rise within few hours, unfortunately altcoin get very slow recovery in returning its prices.
This is just what i thought to have been slowing the altcoins growth. I may be wrong but what do make of this situation? Thanks

Sometime the price didnt recover like btc. Thats the problem with altcoins sometime they can go down and never recover again. It happens so many times in crypto space  But there some cases that the alts are going down then after a week it increases so high like up to 500% from its price. Normally fuds and shill affect the price easily than TA analysis.
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Re: One major altcoins drawbacks
« Reply #23 on: July 11, 2019, 07:45:43 PM »
I think the most disturbing altcoins drawbacks is its  inability to recover significantly by its percentage propotion to the Bitcoin price since the inception of crypto. For instance, bitcoin price can crash by 14% to 20% and come back immediately to thesame percentage price rise within few hours, unfortunately altcoin get very slow recovery in returning its prices.
This is just what i thought to have been slowing the altcoins growth. I may be wrong but what do make of this situation? Thanks
Unfortunately, this is so. Altcoins can very quickly fall in value after Bitcoin, but they restore their price very slowly. This is especially obvious this year and right now. Everyone has already noticed that Bitcoin has grown three to four times this year, and so far altcoins have risen very little. It remains to hope that this is a feature of this particular year and that they will continue to be more mobile.

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Re: One major altcoins drawbacks
« Reply #24 on: July 11, 2019, 07:52:13 PM »
 ???
I think the most disturbing altcoins drawbacks is its  inability to recover significantly by its percentage propotion to the Bitcoin price since the inception of crypto. For instance, bitcoin price can crash by 14% to 20% and come back immediately to thesame percentage price rise within few hours, unfortunately altcoin get very slow recovery in returning its prices.
This is just what i thought to have been slowing the altcoins growth. I may be wrong but what do make of this situation? Thanks
Of course Altcoin can't experience big changes like that experienced by Bitcoin, this is because the Bitcoin community is bigger than Altcoin.  But not with top Altcoin like Ethereum and Bitcoin cash, both of them can experience changes like Bitcoin.  So we have to know all that.
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Re: One major altcoins drawbacks
« Reply #25 on: July 11, 2019, 07:55:15 PM »
most of alts have really experiencing that scenario. Maybe because of their growing numbers in the market theeat traders may not able to focus the while investment I to one area that could pump the price but I'm still hopeful the recovery of alts will still be happen within this year.
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Re: One major altcoins drawbacks
« Reply #26 on: July 11, 2019, 08:57:47 PM »
The advantage of Bitcoin their is only one Bitcoin compare to Altcoins that is traded in different exchanges that offer same product, different supply  and competing against each other to be on the top.
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