Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: EvelynKing on August 19, 2019, 02:50:10 PM
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Until a few years ago, altcoins were not this famous. But now, most people want to invest in them. What’s the reason? Why is that altcoins are becoming so popular today? I read this blog- https://www.coinspeaker.com/altcoin-analysis-2017-2019/
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Until a few years ago, altcoins were not this famous. But now, most people want to invest in them. What’s the reason? Why is that altcoins are becoming so popular today? I read this blog- https://www.coinspeaker.com/altcoin-analysis-2017-2019/
Altcoins are very important in the current crypto market and they have been here for some years, helping to give the crypto market a great competitive boost. Altcoins has been able to bring in faster, secure and DApp products (coins/token) with brilliant ideas to compete with bitcoin and make the market lively.
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that's a natural thing in my opinion,
cryptocurrency provides financial and economic freedom, what is needed now is cryptocurrency.
sooner or later cryptocurrency will be known by the public at large, this is a natural law that we cannot avoid.
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I guess it's because of a lot of money circulates in cryptomarket, bitcoin became really known so why don't altcoins right? as time goes by many people will eventually notice altcoins more than today it is a basic nature of interest.
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Altcoins becam somewhat popular because of bitcoin and because of the bull market. It's also the reason why I don't agree with you that most people are investing in them now. After the bullrun, many people got rekt from bagholding altcoins that never really recovered.
I read this blog- https://www.coinspeaker.com/altcoin-analysis-2017-2019/
Next time you post some questions, do not direct forum readers to another website and gain traffic just to get answers. it's better if you post some contents in your original post.
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if for me altcoin and bitcoin is also a positive way for me to hold and also very good for getting benefits. in altcoin trading
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Cryptocurrency is developing and is gradually entering our lives. Some time ago, people had a very weak idea of cryptocurrency and most often heard only about bitcoin. Now they are also starting to realize that there are so many types of cryptocurrency, as well as how they differ from each other. This is a natural process that leads to an increase in the popularity of altcoins.
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yes I think I also prefer to save my altcoin for a long time, because the growth and price movements of altcoin are also getting stronger, because altcoin is also a good alternative way to trade with easier profits
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I think crypto currencies are also increasing every year, because seeing changes in prices are also getting better, so for me crypto is also a positive thing to survive in the long run. Because price growth also increases every day
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At the moment, a very small number of people invest in altcoins because they understand that bitcoin can now bring the profit that investors dream of, but I agree that earlier investors invested less in altcoins, but now investors understand that altcoins are also capable of generating income, but at the moment, of course, altcoins are very disappointing.
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Altcoins are this popular because of their new ideas and technological development in the crypto space. The presences of altcoins brought forth competition in the market, and also has made some good profit to all its holders.
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if I think altcoin is also a good alternative to be held in the short term, because seeing the development of altcoin market prices is now also increasing, so I think it will also be easier to get profits in the short term.
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It has been two years since the crypto market has experienced a price decline to the lowest point. I think this will continue for another year. So we will hold on to invest again.
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the crypto market that continues to decline as it is now is very painful. a lot of altcoins are worthless because of that. I think this will continue for another year.
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People need other coins to invest yet too many bad issues related to Bitcoin future. As some altcoins have proven to make people rich, it triggered them to join the altcoin investments more. But I think only top altcoins can be trusted now, I am not really sure with new ones.
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Save and keep our crypto for long time, until some time ,until we feel forget that we have some coins that saved into cryptocurrency, hold it and let them growth and growth. After that we can take them sometime as invest in the future.
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Cryptocurrencies finally caught the interests of the public when Bitcoin made the headline for it's phenomenal meteoric rise to nearly $20K on December of 2017. Making some individuals millionares overnight. Bitcoin was everywhere after that. Everybody wanted a piece or two of this coin. But for some individuals who just cannot afford this crypto asset, Altcoins may very well be the best alternative.
But other than seeing as just an " alternative to bitcoin", most Altcoins have even more use cases, serve much bigger purpose, with better technology and bigger potentials than Bitcoin. And yes, Altcoins can also give us huge gains in the long run.
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Save and keep our crypto for long time, until some time ,until we feel forget that we have some coins that saved into cryptocurrency, hold it and let them growth and growth. After that we can take them sometime as invest in the future.
What do you mean? This topic discusses the causes or our opinions on why altcoin can be very popular this year compared to previous years.
while you answer about better holding altcoin up to bullish ???
in my opinion about this theme, altcoin can be very famous because many new altcoins have emerged using new techniques, such as miwblewimble, etc. this could trigger a big growth in the future.
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in my opinion about this theme, altcoin can be very famous because many new altcoins have emerged using new techniques, such as miwblewimble, etc. this could trigger a big growth in the future.
I doubt that. Such coins with innovation like Grin and Beam are really rare. This even holds true with real usage coins. Aside from that, most of altcoins are created with money making purposes.
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It is already answered by the writer of the article.
Everything is still about profits. Since some altcoins experienced massive growth in their prices, the holders can gain big profits. Then, it triggers people's interest to try the opportunity of gaining huge profits. Finally, some altcoins become the favorite for people's investment.
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Altcoin's importance, is increasing over time. More and more projects, come up, with new functionality, making them a good investment.
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in my opinion about this theme, altcoin can be very famous because many new altcoins have emerged using new techniques, such as miwblewimble, etc. this could trigger a big growth in the future.
I doubt that. Such coins with innovation like Grin and Beam are really rare. This even holds true with real usage coins. Aside from that, most of altcoins are created with money making purposes.
Investors who buy coins or use altcoin also expect large profits and make money. However, if it is not supported by the technology used by the coin, it is very difficult to increase the value of the coin.
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if for me altcoin is also a good way for us to hold it now, because for me altcoin is also a good investment in the short term, seeing the development of the altcoin market price is now also increasing,
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if for me altcoin is also a good way for us to hold it now, because for me altcoin is also a good investment in the short term, seeing the development of the altcoin market price is now also increasing,
Now it is best to invest in top altcoins, because a lot of altcoins that are unpopular and not in demand just disappear after some time, so top altcoins are a guaranteed profit and reliability and of course with altcoin season we will start getting normal profit.
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Altcoins began to appear in large numbers after the formation of the Ethereum coin and on its platform since 2015. This is just four years ago. Therefore, we can say that altcoins become popular as they develop and provide various amenities to people. Although altcoins still have a lot of their problems, however, they are also developing rapidly. Their development, in my opinion, is constrained by the price dominance of bitcoin. When it disappears, and it will happen anyway, altcoins will develop even faster.
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if for me altcoin is also a good way for us to hold it now, because for me altcoin is also a good investment in the short term, seeing the development of the altcoin market price is now also increasing,
Now it is best to invest in top altcoins, because a lot of altcoins that are unpopular and not in demand just disappear after some time, so top altcoins are a guaranteed profit and reliability and of course with altcoin season we will start getting normal profit.
I agree with you, that now many Altcoins are lacking attention and finally disappear from the market. Investing in the top ranked Altcoin really can secure our money from loss. Altcoin was once very popular in 2017 but now it has started to decline, maybe this is because there are too many Altcoins there.
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Lots of altcoin and lots of real products will make investors want to have a new altcoin.
New Altcoins that have real products will continue to grow will have high prices because of the new demands on the crypto market, investors will choose the new altcoin that they want to use for investment or to make payments.
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Lots of altcoin and lots of real products will make investors want to have a new altcoin.
New Altcoins that have real products will continue to grow will have high prices because of the new demands on the crypto market, investors will choose the new altcoin that they want to use for investment or to make payments.
Is it? Or they wanted the new altcoin for a short term period alone? Most project now are being process in IEO, so I doubt the new investors are really care about the product or services after the trading start, cause they will trade their bought tokens especially if the ROI in market is very high. Not even know what is the real use of the token they bought but as long it has profits. Trust me, they arent called investors but traders who want quick money.
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Is it? Or they wanted the new altcoin for a short term period alone?
I have no suggestion because the price of crypto coins fluctuates and cannot be predicted.
IEO or ICO is run to get initial funds from Investors, it can be said that Investors because they buy altcoin to fund new projects from the tokens they buy
Most project now are being process in IEO, so I doubt the new investors are really care about the product or services after the trading start, cause they will trade their bought tokens especially if the ROI in market is very high. Not even know what is the real use of the token they bought but as long it has profits. Trust me, they arent called investors but traders who want quick money.
I agree with you, the rate of return on investment makes new investors sell the altcoins they have, but for some people who know how to use the altcoin they hold, they will not sell it and use it to make payments and some other things, education is needed for potential investors just see more project ideas and read the details of the whitepaper.
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The reason why people like to invest in altcoins it's because they can make double in a short time, but it's hard to spot a profitable altcoin. Did you know that after speech of Xi Jinping about the blockchain the bitcoin was pumped and the NEO was increased at double price!, so no doubt why people like to invest in altcoins.
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I have my own reasons for this, that is, it has to do with halving bitcoin. Obviously, when viewed from 2017, altcoin prices increase when bitcoin prices will touch new ath. So, because bitcoin halving 2020, many people already hold various kinds of the altcoin in large quantities.
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Because right now the prices are already high and it's difficult to raise prices again.
Like a word in 2017 the price of altcoins is at 1 USD and rises to the price of 5 USD it has gone up 500% profit.
Then at the price of 5 USD to go up 500% it must be at 25 USD and that's a very far value for all altcoins to reach a profit price when the initial price is already high. Cmiiw
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I think years back cryptocurrency and alts is not actually famous because were ignorance of it's existence as of that time some people don't really know what it is in that particular years. What actually make alts more famous now is that peoples eye has open to the opportunity that digital currency has to offer many adoption, is not like this few years back when alts came new.
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Altcoins were not very well known until a few years ago as investors were less inclined towards them. Today, a lot of coins have come in the market and proved to be profitable, due to which the interest of people has increased in them.
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Investors feel more comfortable in this not very predictable market, when purchase different altcoins. Such an approach will help protect investment from large losses.In my opinion that's the reason altcoins are becoming so popular
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when bitcoin fluctuates so drastically that many people turn to altcoin. altcoin popularity has indeed been a long time. but this end is quite a bit of altcoin that is still guaranteed. one of the factors of altcoin skyrocketed when at the end of 2017, where altcoin was so in demand.
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when bitcoin fluctuates so drastically that many people turn to altcoin.
Are you sure about that, mate?
In my view, people prefer to move on altcoins once Bitcoin price seems rather stable. In that situation, people will be hard to gain a big income from Bitcoin investment. While altcoins provide high volatility, it means a chance to have big profits. Although that also means a big risk of losing.
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Until a few years ago, altcoins were not this famous. But now, most people want to invest in them. What’s the reason? Why is that altcoins are becoming so popular today? I read this blog- https://www.coinspeaker.com/altcoin-analysis-2017-2019/
I think the most frequent reasons is the cryptocurrency are more popular today compare to the previous years, every year more and more people was entering into crypto-space and because Bitcoin was so expensive already that's why they ended up choosing altcoins as the alternative for Bitcoin and i think that's the very reason.
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The price of Bitcoin which is very expensive makes some prefer to invest in Altcoin, and it turns out their investment in altcoin is getting a big profit. That is why Altcoin is very popular nowadays, because Altcoin has become an alternative coin that can be invested at a cheaper price. because the price of Bitcoin now is so expensive.
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to invest altcoin I think we still have to choose the best coins not just any coin because more and more here more fraud in the crypto world this now ,
crypto became famous because of a lot of news and articles that published about crypto
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Because from the previous year, not many projects have appeared, so that not many altcoins have been registered. Altcoin became famous as possible when the IEO concept was applied. I'm not in favor, but maybe it's caused by IEO binance which is so profitable.
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Yes brother several years ago people of the world don't know about cryptocurrencies because then a few amounts of countries have permit bitcoin as their payment system, USA, Japan, Canada... So after passing through some changes and development of cryptocurrency people are interested in having cryptocurrency.
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Obviously altcoins became famous when the altcoin season happened in 2017, this is where everything in crypto boomed and make a shower of money, happy moments of crypto. There were a lot of people attracted on people who made such a big amount of money from here, just like myself when my friend told me he earned a lot from bitcoin mostly from altcoins.
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Altcoins have been around for about five years. During this time, the popularity of cryptocurrency has grown significantly, as people saw its real new opportunities in the financial and business sectors that they provide. However, there are still many problems in the emergence and existence of altcoins. After all, they have just begun to develop. A lot of altcoins appear and many disappear, as many useless and fraudulent ICO projects are created.
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because bitcoin continues to decline dramatically, maybe this support for altcoin is really needed and eventually switched.
I think altcoin fans keep growing.
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After the high price growth of altcoins at the end of 2017, altcoins are almost 90 percent in price and have not been growing for two years. Therefore, it can hardly be said that in recent years they have added to their popularity. Yes, despite this, altcoins are still developing and the time of their popularity is yet to come. To do this, they must show their real usefulness.
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Most people invest in altcoins because they know that altcoins show more growth and make more profit when the season of altcoins begins. Another reason why people buy altcoins is that altcoins are cheap. Bitcoin is expensive and not all people can buy it. I believe that altcoins are a good investment (not all) if you know what altcoins to buy
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Until a few years ago, altcoins were not this famous. But now, most people want to invest in them. What’s the reason? Why is that altcoins are becoming so popular today? I read this blog- https://www.coinspeaker.com/altcoin-analysis-2017-2019/
lets begin with why bitcoin all of a sudden became popular, that's evolution and we expect to see more in the industry. Time will come when more people will not be happy they didn't go into any cryptocurrency. Although there may be the other side of it but with the look of things, cryptocurrency is becoming more stronger
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Cryptocurrencies are a highly speculative asset class which can increase and decrease in price at any given moment.Volatility in the altcoin market is a great way to increase your holdings and potentially make some good profits.
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As for altcoins, it seems to me that as the crypto industry develops, new, more technological altcoins will appear and they will displace their less successful counterparts from the market and this process will occur constantly.
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The cryptocurrency market is still in its early ages. A few years ago there were not even many altcoins, when the bitcoin earnings increased and when people saw this as a get rich quick option tons of altcoins were live.
Also great projects had the opportunity to born at these times like ethereum.
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A few years ago, altcoins could be counted on the fingers, and no one even believed in bitcoin. Further, after the pump, people's opinions began to change, a lot of altcoins appeared, but only a few of them became famous.
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Altcoin are not famous long ago because it has no unique use case compared to bitcoin. People have interest nowadays in altcoins because they witnessed or heard the massive gains of altcoins in the bullrun.
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The popularity of the Altcoins was slowly fading away because it was badly damaged with those scams that victimized a lot of investors that's why I'm not wondering why many investors are keeping a distance to the new ICO and IEO projects nowadays except those potentially cleared projects from those bad actors.
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Its because there are altcoins that have unique use cases and can be used in the future. There are use cases of altcoins that bitcoin can't do that's why the trend for altcoins is outrageous. And I still believe that there will be more altcoins that will come in this market that are not copy-cat of what we have right now.
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Not not famous but not yet famous and so many who complain why it all happened? What things affect altcoins not interested in?
I believe the OP has little experience with altcoins currently on the market.
Because the OP is only complaining about the state of the market and I'm sure the OP also needs a little refreshing with its money near the beach and seeing the beauty of the sea while looking at the green altcoins in Binance.
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Investors invest in altcoins because they are well aware that they can bring them big profits in the future. This is one of the main reasons why people invest in altcoins. The second reason is that some altcoins can be used for your own purposes.
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Because a lot of profitable and interested altcoin is growing. Right now I see altcoin growing and better than last year. Maybe in the future altcoin will be used more by people as an investment.