Topic: 2019 - the end of 90% altcoin? - page 4. (Read 19966 times)
If you look back at the top alt coins from a few years back they aren't even relevant today.
well that's true ICOs are booming these days and because of this, many companies are having a hard time to attract to attract investors to fund their ICOs as a result, many ICOs failed to reach their goal and also the problem with these ICOs when they reach the required quota to initiate their plan they just ran away and scam us.
Yes they will get less interested to ICOs and they will switch to Altcoins sooner or later since many projects don't need a blockchain and also because of scam ICOs the trust of people in ICOs reduced.
Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
Yes they will get less interested to ICOs and they will switch to Altcoins sooner or later since many projects don't need a blockchain and also because of scam ICOs the trust of people in ICOs reduced.
As vitalik said, the 99% of the ICOs will fail. This will happen because the market will become aware of the fact that a lot of projects don't need a blockchain and other projects have competitors and the market will choose the winner, the others will fail.
Since we have an exploding amount of ICO started from mid this year and most of these projects says they will have at least a prototype around end 2018 to 2019. Many of hear ICO projects will delay the release date, but nevertheless many of them should have something by the mid to end 2019.
What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.
Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.
Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
I think this will become a huge set back for icos if they will not deliver. Come to think of it, for all the investment we give to these development and no amount of effort invested from the developing team, its like funding them for their own selfish gains. As investors we look at how we benefit from our investments. In 2019 if the icos will not deliver then it would probably be the end for them.
These tokens will later be of high value in the future and give you an advantage.But over the course of many failures after ico even when ico walked they did not reach hard cap ,, coin fate is not clear its future.In this case that needs to be done is to invest must be right, so that losses can be minimized.
I think by 2020, about 99 percent of altcoin is going to die, because their value is just speculation, but nothing.
BTC will probably become an altcoin in a few years, since its main value right now is speculation, to be honest.The main value of BTC nowadays is to fork new shit coin. Few days ago, when I check CMC, top 5 coins, 3 are from bitcoin family.
My problem is, I can’t even trust some of the supposedly good ICO this year, for example OMG, it has such a high expectation from som many people and the thing just went down with then lousy roadmap and manipulative Twitter Lopatta, yet the SDK wallet is delayed, link is another coin disappointed me, such a good idea yet the development team seem so not care the token holder and do not release any update.
I think 2019 we just have token ,ETH will become POS coin ,the bitcoin price can break $50,0000 .
Altcoins with new technology survive and growing up .
Altcoins with new technology survive and growing up .
I agree with some of you guys here, most of the ICOs will die for sure, but not all. You remember what happened with the Confido BS recently ? The next ICO that will follow Confido and exit scam is around the corner, I can feel it.
I'm going to quote something from 1 smart guy with a nice blog, where he shares random stuff that comes to his mind
I'm going to quote something from 1 smart guy with a nice blog, where he shares random stuff that comes to his mind
Quote
"ICO is a business idea by one or more people with a promise of execution of that idea, if they collect X amount of money through token sales.
And you can quote me on that.
Now, next time you invest in ICO have in mind that you are investing your hard earned money in a promise."
And you can quote me on that.
Now, next time you invest in ICO have in mind that you are investing your hard earned money in a promise."
At some point people will turn their back to the most altcoins and invest in the long term projects. Like the top20 and some hard working smaller projects. For now it is one happy family, but at some point only the strongest will survive.
It has always been the strongest survive, many altcoins die and look at the difference between marketcaps in the top 100 and below.
2019 will be no different than others.
I dont think that 2019 is the time of 90% altcoin will end.
I know many project are scam but it will not change the exist altcoin which is listed in market. The exist altcoin in exchange will not be ending.
I know many project are scam but it will not change the exist altcoin which is listed in market. The exist altcoin in exchange will not be ending.
No I don't think it is the end of 90% of altcoins by that time. I think that most will not be worth much but when new investors enter the scene they are looking for coins to get into which could mean pump for useless coins. I think we witnessed that in the bull run earlier this year so I don't rule it out if massive mainstream growth happens and the industry 10x in a year again.
I like your thoughts, but you can not rule out anything. Yes, maybe now altcoin and somewhere on the bottom, but if you look now, they quietly crawled to the top.Yes, many will not cost much, but it's like shares of a certain company, if the company provides interesting services, then its shares are expensive and very much and there will be the same way
Look at this: https://coinmarketcap.com/historical/20130929/ Snapshot of 2013. How many altcoins ring a bell? About 10%. Check their price and compare them with todays prices. Now go check the other 90%. If you're lucky they still exist they are 1x to 2x its original price. Many many are less than 10%...
That's the way things go around here. Most die, some don't.
That's the way things go around here. Most die, some don't.
2019 is far too long for to predict the endings of altcoins. For now just enjoy every altcoins you are holding , and wait for it to be listed in a better ex hanges and wait for the price to go high. We don't really even know what will be the fate of altcoins in near future , but atleast for now altcoins gave big benifits to its holders. There would be always an ICO's and i think that altcoins will not end , even there are many ICO's in the crypto world.
i don't think ICOs will get to an end. But they will change dramatically from what we are seeing right now.
I agree with the opening post that 2019 is an interesting time frame to watch. I think mass hype etc can only sustain itself for a limited amount of time. Expectations of ICO projects will increase as time goes on and the price will reflect their progress. Teams will come under even more scrutiny as times goes on, putting more pressure on their coin price.
I think only good, rock solid ideas and projects will stick around. IMO that would be ico's like polymath. They're bridging the gap between financial securities and blockchain. That industry in itself is work millions if not trillions.
Since we have an exploding amount of ICO started from mid this year and most of these projects says they will have at least a prototype around end 2018 to 2019. Many of hear ICO projects will delay the release date, but nevertheless many of them should have something by the mid to end 2019.
What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.
Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.
Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
yes, right by the end of 2019 most of altcoins (80%-92%) will end Because
1) Bitcoin price: price of bitcoin will be more than 20,000$ to 60,000$.
2) ETH price: ETH will be POS coin and price pumped 2000$-6000$.
3) BCH price: price of bitcoin cash will increase next three years and maybe best altcoin of bitcoin (10,000$-20,000$).
4) LTC: litecoin will be last 3rd altcoin and all other altcoins will end (2,000$-8,000$)
I think by 2020, about 99 percent of altcoin is going to die, because their value is just speculation, but nothing.
And to a certain extent so is bitcoin's value right? Stock value etc? All based on speculation.
It seems to me everything will depend on the possible changes in listing rules on the exchanges.
If everything remains the same, it is likely that the number of new altcoys will continue to grow, since issuing a new coin and making information around it is much easier and more profitable than huipit old coins that have long lost value.
If everything remains the same, it is likely that the number of new altcoys will continue to grow, since issuing a new coin and making information around it is much easier and more profitable than huipit old coins that have long lost value.
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