Topic: 95% of Cryptocurrencies will Not Survive in 2018 - page 16. (Read 5235 times)
a project must have clarity for the future of a progress if it wants to compete with other projects and can offer a different idea and idea to attract investors. it is undeniable that there are many ICOs that fail and there is no continuation of the development team, and some have successfully done OCO then developers disappear and cause losses to investors. it is impacting on the new ICO project that makes investors hesitate and think to enter into new projects. although only a few projects are scam but it has a huge impact in the world of ICO development.
The Blockchain ecosystem suffers explosive growth. According to data from Coinmarketcap just for 11 months in 2017 cryptocurrencies market capitalization grew by 1200%. Investors and hedge funds are fixing unbelievable profits, which they can get from crypto assets, and trying to divert their assets into this niche. Investors are waiting for startups, which will repeat the success of projects like Ethereum (+272397% since ICO) or IOTA (+922448% since ICO).
However, the majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. As these 5% will be the new center of influence, their token demand will create tremendous growth in their valuation brining hundreds of thousands percent of returns on investments made on early stages.
Read the full article: https://coinidol.com/cryptocurrencies-that-will-not-survive-in-2018/
However, the majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. As these 5% will be the new center of influence, their token demand will create tremendous growth in their valuation brining hundreds of thousands percent of returns on investments made on early stages.
Read the full article: https://coinidol.com/cryptocurrencies-that-will-not-survive-in-2018/
I agree completely with what Vitalik said. The worst part is that so many people are going to get burned from these ICOs. I don't however see any projects yet that should have valuations like Apple, Google or Alibaba. So far each token even of good projects is only good for a certain niche, there aren't really any tokens that deserve valuations in the tens of billions, let alone hundreds.
Bitcoin is the new google + apple + wall street? it's obvious that the 95% of cryptocurrencies are totally nonsense, they are only for collecting purposes without any intention of contributing of what crypto must be. Bitcoin will be the center and highlighted cryptocurrency and those few ones are the ones that are next to it like ETH, Monero, Litecoin, etc. the popular ones.
Altough i think that most of them will not be able to survive 2018 or even first half, i mostly think that new technologies will appear like Tangle or any other thing and day by day more people will invest their savings to digital currencies
Most of them are actually failing due to unforseen circumstances. I heard that some greedy developers aren't focusing on one project and they're engaging multiple projects that caused instability and lack of support. ICOs are too much this year and there's more to come by next year that's why I never set my confidence in an ICOs because most of them have no future. If I had to invest more to Altcoins, I better choose the Top Altcoins because they have already proven stable and having a good market cap value.
It will take more than a year to make these coins disappear. Think about it, coins like Ripple are highly centralized, and you see no one using or talking about it besides pumpers and dumpers. Even so, it still has one of the highest market caps.
The problem is there are too many alts nowadays and its really confusing which is a good alt to invest in.Some ICO's are not succeeding on their coin so just burning out some of their tokens.
In addition to that, there's a lot of ICOs that's already failing at this moment. The reason there are still investors in every ICOs because people were tricked that their project will par Bitcoin and Top Altcoins in the future but developers and management staff are actually incapable of running Crypto-Currency project. This is really the most embarrassing when you're an investor and then suddenly you'll ended upset due to someone are leaving from the team.
Altough i think that most of them will not be able to survive 2018 or even first half, i mostly think that new technologies will appear like Tangle or any other thing and day by day more people will invest their savings to digital currencies
LOLZ!
Come on bro look at the market currently and imagine the status of the same market after few months later. It looks juts perfect and there will 95% more ICO will be coming as compared to todays situation no matter what they are good or bad, legit or scam etc! This is the very nature of the whole crypto currencies creator, the ICO creator actually. They will keep coming all the time and people will never stop investing into them because they will want huge money in terms of profit.
So I think that crypto projects not only will survive but will coming at the alarming rates really.
Come on bro look at the market currently and imagine the status of the same market after few months later. It looks juts perfect and there will 95% more ICO will be coming as compared to todays situation no matter what they are good or bad, legit or scam etc! This is the very nature of the whole crypto currencies creator, the ICO creator actually. They will keep coming all the time and people will never stop investing into them because they will want huge money in terms of profit.
So I think that crypto projects not only will survive but will coming at the alarming rates really.
I think it is not important to argue if the percentage is 95 or less. The most important subject should be, which ones will survive and how it will effect BTC and ETH. Another topic could be, if the cryptocurrencies start to fail, does this mean that more projects will start to use BTC.
I believe that if many of the alts "fail" to make it through, BTC and ETH will just feed on the advantage created and will continue climbing. And for cryptocurrencies failing generally I don't think that's possible to happen for at least the next several years unless something bigger and mightier gets involved and tries to silence crypto (governments). 
The problem is there are too many alts nowadays and its really confusing which is a good alt to invest in.Some ICO's are not succeeding on their coin so just burning out some of their tokens.
I think it is not important to argue if the percentage is 95 or less. The most important subject should be, which ones will survive and how it will effect BTC and ETH. Another topic could be, if the cryptocurrencies start to fail, does this mean that more projects will start to use BTC.
I'm thinking the same thing that's why when I am going to invest in Altcoins, I would rather choose top Altcoins because they have already stable and the prices are increasing amazingly.
If most of ICOs won't survive then still we got a big chance to keep our eyes on the tokens we invested.
If most of ICOs won't survive then still we got a big chance to keep our eyes on the tokens we invested.
The statement that 95% will not survive after another 1 year will surely not survive. Most of the alts which were among top 100 back in 2015 do not even exist today.
There are a lot of bad ideas and altcoins that have no use, but that happens in any ecosystem.
I think 95% is a little high though and I wouldn't throw that number out without any data or backing.
I think 95% is a little high though and I wouldn't throw that number out without any data or backing.
Where exactly did they come up of that 95%? Granting that it is accurate, I'm assuming that the other 5% they are referring to are the ones included on the top 30 or maybe 20--that might be realistic considering the fact that most icos die as soon as they hit the exchanges.
I'm just wondering... do we count tokens as well into this "95%"? Many people do not distinguish between coins and tokens as it is all the same for them.
Well, the topic didn't specifically say coins or tokens and used "cryptocurrencies" instead, and tokens are considered one so yeah they are included.
You may be right but there we will thousands of more tokens who will replace them anyways.
Many may die but more will be born (SADLY). Many start with NOTHING...and somehow they still get "investors" throw money at them. 
The number of coins keep increasing...main reason I am all for ICO regulation, hopefully limit the coins entering to viable ones.
The number of coins keep increasing...main reason I am all for ICO regulation, hopefully limit the coins entering to viable ones.
No doubt that a lot of projects will fail. I watched to total crypto asset market jump from 850 assets to 1200 in a few months. Only time will tell who lives and who dies.
I don't see that happening at all. As long as people have suitable Ideas and people to back them crypto will survive
A coin dies only if it's a PURE scam. Even left out projects with no development team behind them anymore still keep a good price, considering the fact that they are no longer supported by anybody. Therefore this statement is completely false and unless you are the Third-Eyed raven, there is nothing to make me believe in that.
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