90% Altcoins will die? - page 5. | Bitcointalksearch.org

nidacoinlove

sr. member

Activity: 588

Merit: 254

Quote from: o_e_l_e_o on September 12, 2018, 04:33:48 AM

You can count on one hand the number of coins that are currently being used in the real world, and on two hands the number of coins that have a financially viable plan for ever being used in the real world. Everything else is pure speculation - these coins will eventually fall to zero when even the naivest of investors realize they are holding trash.

It will take a while though. Just look at Bitconnect. It was obviously a scam for months before it finally crashed, yet people were still buying it.

Yeah there are just a few coins like Bitcoin, ethereum and Monero etc which are being used in the real world the others are of course trash but they will take time to be rejected by the users. Not every coin like bitconnect falls or is exposed as scam because they use different techniques.
I was not so experienced when bitconnect was launched and in a discussion I told my friends that it is a scam and we will see the investors crying soon.

Vladique

jr. member

Activity: 1372

Merit: 1

If the situation on the market continues, then by the end of 2019 many projects will die. I think this number will be more than 90 percent

metalglowd

member

Activity: 546

Merit: 10

💲 EMIREX EXCHANGE 💲

Quote from: SaeedKhan996 on September 12, 2018, 03:15:48 AM

Hello everyone, Like you've seen the title, My Question is that people say 90% of altcoins will die, If there are 1500 altcoins then 90% is big number, But i've never seen a coin die unless it was a scam or something, even Bitconnect is still alive, How will the Altcoins die? Is it even possible?

up to now, forwarding a new altcoin, whether it's shitcoin or not, makes crypto destroy itself. inadequate market and even the market is now starting to try filtering coins or tokens that will enter the market because after all they still expect good trading volume in it and not including manipulation.

maybe until early 2019 there will be quite a lot of altcoins that die in volume because the interest of the community has disappeared and many are starting to realize how crypto is running

dollurs

newbie

Activity: 238

Merit: 0

Die mean some coins will become inactive for some reason like if they don't have a real world value. Lots of coins came to the market after seeing the success of the market last year. But if they can't survive in the market they will valueless in the future. That means those coins will die.

kipozer

member

Activity: 490

Merit: 11

Probability really exists, so I think that it is necessary that such an idea does not go out of the head especially those people who now have investments in the long term. It is necessary that people always remember this.

candolbitcoin214

newbie

Activity: 111

Merit: 0

Quote from: SaeedKhan996 on September 12, 2018, 03:15:48 AM

Hello everyone, Like you've seen the title, My Question is that people say 90% of altcoins will die, If there are 1500 altcoins then 90% is big number, But i've never seen a coin die unless it was a scam or something, even Bitconnect is still alive, How will the Altcoins die? Is it even possible?

To what data did they derive the basis of the 90% death of altcoins? We could never say for sure because for one altcoins and cryptocurrency is align to the needs of the digital world.

anil_saini01

newbie

Activity: 98

Merit: 0

Yes, most of the coins that have no use and no potential will surely die but 90% is an overstatement. There are many good projects are there which are trying to solve real world problems and have some use cases that can be implemented in real world.

ukw

sr. member

Activity: 616

Merit: 250

Quote from: SaeedKhan996 on September 12, 2018, 03:15:48 AM

Hello everyone, Like you've seen the title, My Question is that people say 90% of altcoins will die, If there are 1500 altcoins then 90% is big number, But i've never seen a coin die unless it was a scam or something, even Bitconnect is still alive, How will the Altcoins die? Is it even possible?

Yes, this is a pretty discussed topic. Perhaps "die" is not the right word. Perhaps it is better to say that they will become useless. Without any financial cover. Then they will simply exist without meaning. And I personally think that the number of these coins will be big.

ss890

sr. member

Activity: 644

Merit: 263

Quote from: SaeedKhan996 on September 12, 2018, 03:15:48 AM

Hello everyone, Like you've seen the title, My Question is that people say 90% of altcoins will die, If there are 1500 altcoins then 90% is big number, But i've never seen a coin die unless it was a scam or something, even Bitconnect is still alive, How will the Altcoins die? Is it even possible?

Its entirely possible and always happening in the market because most of the coins do make it upto the exchanger and then over the CMC listing but in the later times they may not perform well and thus does not receive any good volume. If the coins are not getting proper volume per 24 hours then such coins are immediately delisted from the CMC and thus they are almost ending up into the trash can. If you observe the CMC then you will see the coins number changing all the time. This is because not all of them are able to develop in proper ways all the time.

thaokhuyen03

newbie

Activity: 58

Merit: 0

This might be true. By too many born Alcoin are not beneficial for life or have no outstanding application. This will be dismissed early, as no one uses them.

Bitcoinjheta

full member

Activity: 798

Merit: 104

I think as long as cryptocurrency exist not all of that 90% will die.Maybe some of those especially those scam projects because bitcoin community now are smarter enough to choose coins to invest with. Money is hard to earn so let us make wise and sound decisions at all times.

popkiko

jr. member

Activity: 90

Merit: 5

It is possible if the project has no more investor or exchange to support it.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: SaeedKhan996 on September 12, 2018, 03:15:48 AM

Hello everyone, Like you've seen the title, My Question is that people say 90% of altcoins will die, If there are 1500 altcoins then 90% is big number, But i've never seen a coin die unless it was a scam or something, even Bitconnect is still alive, How will the Altcoins die? Is it even possible?

Oh, that is one pure fact. I am sure at some conference, even Vitalik mentioned it himself, that so many of the tokens on the Ethereum smart contract as well as coins with no products or possible real life usage will end up dead just the same way companies in this category dies every day.

Nevertheless, it is the crypto space and no matter what I am sure one way or the other, shit coins will still be manipulated and we will still get to see some people trading them as low as their knowledge is. That does not necessarily mean their days are not numbered, and you may be looking at bitconnect still trading, but the question you should be asking is at what volume ?

Probably anyone holding the coin at the moment is just bag holding a shit coin with the hope that one dumb investor will come pick it up from them at a higher price one day.

QMC

newbie

Activity: 14

Merit: 0

there is no Detailed statistics about how many of them will die or how many will remain but im sure in near future most of the useless ones will die .

Walero

newbie

Activity: 56

Merit: 0

They are already dying, since the host is affected there body and the shell will equally collapse. Most coin are relying on bitcoin and ethereum once these two are having issues, it will affect all of them.

Parodium

sr. member

Activity: 1036

Merit: 332

DMs have been disabled. I am busy.

Yes, I believe that 90% of altcoins are not going to survive for the long term, the majority are just trash that don't actually need to exist, Ethereum, EOS, ADA and other smart-contract capable blockchains can achieve the functions of 99% of altcoins, hence rendering them essentially useless.

Cashi

member

Activity: 392

Merit: 49

Quote from: SaeedKhan996 on September 12, 2018, 03:15:48 AM

Hello everyone, Like you've seen the title, My Question is that people say 90% of altcoins will die, If there are 1500 altcoins then 90% is big number, But i've never seen a coin die unless it was a scam or something, even Bitconnect is still alive, How will the Altcoins die? Is it even possible?

In the current market are so many Shitcoins, it would not surprise me in any way, if some will get lost and we will see them never again. It's one of the biggest problems of Bitcoins to have so many Shitcoins and Scam coins.

Veter2000

sr. member

Activity: 1512

Merit: 306

Quote from: SaeedKhan996 on September 12, 2018, 03:15:48 AM

Hello everyone, Like you've seen the title, My Question is that people say 90% of altcoins will die, If there are 1500 altcoins then 90% is big number, But i've never seen a coin die unless it was a scam or something, even Bitconnect is still alive, How will the Altcoins die? Is it even possible?

I agree with the predictions that 90% of altcoins will die within the next 5 years. The death of altcoin is when they stop trading and stop using. Even now most coins have very little liquidity and a daily turnover on crypto exchanges, despite the fact that they have a large capitalization.

diamondroyal

jr. member

Activity: 53

Merit: 1

Repme.io

Thats true, mist of them don't have product use case.

cryptoherr

member

Activity: 114

Merit: 10

Empowering crypto w/ sustainable energy

most of the icos do loose at lot of value as soon as they get listed. Another Thing is that there are multiple Projects with the same prupose out there

Topic: 90% Altcoins will die? - page 5. (Read 1937 times)