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Topic: 95% of Cryptocurrencies will Not Survive in 2018 - page 17. (Read 5235 times)

member
Activity: 130
Merit: 10
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.

However, if token is taken into account, then I do totally agree. We have a shitload of useless tokens and that number will rise even more with new ICO. In the end however, the number as high as 99% of tokens will die with their ICOs and that might happen during 2018.

When it comes to coins, situation is slightly more complex. Lifespan of coin is in my opinion somewhat longer than for token. Consequently, I do not think so many coins will vanish during 2018. Nevrtheless, I also believe that in the future only handful of coins will remain. It is plain simple logic, that we just do not need so many coins. Most of them are not even adding any value. Coin need a purpose to remain valid! If you check the archive data of Coin Market Cap you shall see many coins which already disappeared.

In 10 years I think we shall end up with 5 - 10 major blockchains/coins, each with a specific function in mind. But it is 5-10 years time, not 2018 alone.
full member
Activity: 234
Merit: 100
I am quite curious where you got the number 95%, I do agree that we will start to see a lot of projects fail, but not 95%.
member
Activity: 93
Merit: 10
I really do not want to believe in it, although such a result is quite possible. The main thing is, before the crash is over, you have time to earn a house in Miami Grin
member
Activity: 378
Merit: 11
This certainly not true. How can you know this. Anyway this is big statement to make and not supported with any evidence. Even though I do agree that some altcoins are just copies of other tokens and is going to be hard for them to survive, there are good ones out there that actually serve a purpose. So they are going to exist until something better comes and replaces them.
full member
Activity: 336
Merit: 100
I think ''95% of Cryptocurrencies'' is too much, but maybe more less will not survive in 2018. Unfortunately, there are many useless coins.
sr. member
Activity: 882
Merit: 250
If you talk about the so-called shitcoins that are somewhere in the tail and take their places #1000+, they might not survive sure. The whales such as ETH, DASH, Monero, Ripple will swallow them.
full member
Activity: 172
Merit: 100
I will say 90% of tokens will go to zero pumped dumped by devs and his frends,finally devs will stay with
all tokens,tokens are mirror of hype alts from past
Absolutely. Dozens and dozens of those coins. Now I can still see some of them in the first 50. Really did not expect such from mona coin and digibyte. There can be some minor gems in token world but 99% is such a crap Cheesy

It looks right, most of the altcoins will be dead in next years. This is normal, they're not even performing well this year. It wouldn't surprise me honestly.
full member
Activity: 490
Merit: 102
I will say 90% of tokens will go to zero pumped dumped by devs and his frends,finally devs will stay with
all tokens,tokens are mirror of hype alts from past
Absolutely. Dozens and dozens of those coins. Now I can still see some of them in the first 50. Really did not expect such from mona coin and digibyte. There can be some minor gems in token world but 99% is such a crap Cheesy
legendary
Activity: 1862
Merit: 1015
It's reasonable since altcoin consider as gambling that's why Chinese decide to ban ICO in order to protect their people.
But when many new ICO being launch recently, it may fit or able compete bitcoin technology in the future for example Microsoft interest to use ETH
member
Activity: 406
Merit: 10
In 2018 nothing will change in the market of crypto-currencies. Projects will quickly emerge and die quickly. Now it is not controlled by anyone and therefore there is chaos here. It should take several years for several coins to become leaders
legendary
Activity: 1232
Merit: 1000
May I be frank with you, guys? I guess that shitty projects will become the cause of the first big crisis on cryptocurrency sphere. They could lead to the total loss of confidence about crypto and moreover this could easily become begining of the end...
sr. member
Activity: 519
Merit: 250
I think you are right. I also think that over 90% of the coins that have passed the ICO will die\lose relevance.

The world has already 1,300+ Crypto-Currencies today and there's more coming next year so Alcoins value that still laying low on the ground was affected this due.
They are a lot of ICOs that has the same project description and developers have multiple ICOs instead of focusing only their own ICO and that's few of the reasons why ICOs and Crypto-Currencies are struggling to increase their volume share and values.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
I will disagree that 95% of ICO's will fail within a year that is hard to believe. Firstly all most successful projects will be still there in a year time, no doubt about that, they have good white paper and roadmap that in many cases exceeds 12 months timeline, don't forget they have millions in funds in order to complete their goals and I can't see why they will disappear within a year? Why not in a first month or first week? Why not take all ICO money and never show again? I agree that some ICO's that are less popular without strong community and support, without good media and marketing can slowly fade out and die like weak - pump&dump coins. 

If you disagree now soon same day in next year you will find all the altcoins will be goes to bin. I will think that we may find the more ICos in upcoming years as well but all the coins will not be successful like same as this year.
ICO projects does not need the popularity they actually needs good project and legitity in their white paper. If that is on their project they will be wins the expected the amount of eth or bitcoins level.
full member
Activity: 294
Merit: 100
I think you are right. I also think that over 90% of the coins that have passed the ICO will die\lose relevance.
sr. member
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
I think you need to have a better definition of failure.  Crypto is unlike any other financial instrument or business.  Not as big as Ethereum does not equate to failure.
Agree, blockchain technology is going viral in top universities among professors and students. More and more blockchain projects will be able to make profit and stay in the game.
sr. member
Activity: 490
Merit: 250
I will disagree that 95% of ICO's will fail within a year that is hard to believe. Firstly all most successful projects will be still there in a year time, no doubt about that, they have good white paper and roadmap that in many cases exceeds 12 months timeline, don't forget they have millions in funds in order to complete their goals and I can't see why they will disappear within a year? Why not in a first month or first week? Why not take all ICO money and never show again? I agree that some ICO's that are less popular without strong community and support, without good media and marketing can slowly fade out and die like weak - pump&dump coins. 
full member
Activity: 392
Merit: 101
I think the same.
Many coins will die, many new projects will come to replace.
But this is normal, as in other industries.
Invest wisely.
member
Activity: 420
Merit: 10
Alot of these projects raised millions upon millions! They will be able to drag out their existence for years thought it will be like zombie projects.. they are not really alive but not dead either.

These projects made rich only those who created these projects. Earn money simple users do not have time. They stay with bought useless coins
newbie
Activity: 6
Merit: 0
Alot of these projects raised millions upon millions! They will be able to drag out their existence for years thought it will be like zombie projects.. they are not really alive but not dead either.
full member
Activity: 658
Merit: 102
Of course, many of the new coins created as a result of the ICO in the next 2018 will be forgotten as useless for the market due to the lack of demand on them. However, to say that 95 percent of such coins would be useless would not be. I think the percentage of good and promising coins and projects for which they are created is much larger. Just for the promotion of some projects need a fairly long time. And in general, of course, it is necessary to recognize that most of such projects are substandard, or made solely for the collection of funds during the ICO.
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