follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit

Author Topic: One major altcoins drawbacks  (Read 2306 times)

bitcoinku

  • Sr. Member
  • *
  • Activity: 589
  • points:
    1363
  • Karma: 6
  • Tokpie live exchange
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: June 23, 2019, 04:43:31 pm

  • Total Badges: 13
    Badges: (View All)
    One year Anniversary 500 Posts too active, 25 Posts in one day
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

Altcoins Talks - Cryptocurrency Forum

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


Putih

  • Full Member
  • *
  • Activity: 228
  • points:
    360
  • Karma: 0
  • authpaper.io
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 22, 2019, 05:31:14 am

  • Total Badges: 8
    Badges: (View All)
    Karma Avatar Search
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.

Altcoins Talks - Cryptocurrency Forum

Re: One major altcoins drawbacks
« Reply #16 on: June 07, 2019, 05:44:17 pm »

corr

  • Sr. Member
  • *
  • Activity: 537
  • points:
    678
  • Karma: 55
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: June 24, 2019, 08:13:05 am

  • Total Badges: 11
    Badges: (View All)
    500 Posts too active, 25 Posts in one day Signature
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
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

Alcor

  • Hero Member
  • *
  • Activity: 939
  • points:
    1425
  • Karma: 36
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 24, 2019, 06:08:01 pm

  • Total Badges: 13
    Badges: (View All)
    One year Anniversary too active, 25 Posts in one day Avatar
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.
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

damsix

  • Hero Member
  • *
  • *
  • Activity: 827
  • points:
    1044
  • Karma: 13
  • https://tokpie.io/
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 24, 2019, 05:31:26 am

  • Total Badges: 14
    Badges: (View All)
    Karma Bad Karma Good Linux User
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.

pelana vreo

  • Hero Member
  • *
  • Activity: 802
  • points:
    1102
  • Karma: 4
  • PLAY, MINE 888 tokens and EARN dividends!
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: June 22, 2019, 11:01:19 am

  • Total Badges: 16
    Badges: (View All)
    One year Anniversary 500 Posts Quick Poster
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
888TRON
PLAY,MINE TOKENS AND EARN DIVIDENTS
Dice52    Gear of Frtune     Crypto Slots
██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
TELEGRAM
  TWITTER  

Andruha1993

  • Sr. Member
  • *
  • Activity: 430
  • points:
    613
  • Karma: 6
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 14, 2019, 03:01:36 pm

  • Total Badges: 6
    Badges: (View All)
    Avatar Topic Starter 100 Posts
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.

LogiC

  • Sr. Member
  • *
  • Activity: 581
  • points:
    690
  • Karma: 1
  • 🔰 FERRUM NETWORK 🔰
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 20, 2019, 02:15:13 am

  • Total Badges: 10
    Badges: (View All)
    Poll Voter 500 Posts Topic Starter
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.
Ferrum Network •   ANN • Bounty • Website • Telegram
The First High-Speed Interoperability Network for Real-World Financial Applications

 

ETH & Token Donations: 0xc9CbFe089EBC2E27236F53D8cD2Afd3d337385fc