The 95% is somewhat around my own prediction but not in 2018! That is waaaay too early for so many to die off and there will be a constant stream of replacements.
I do think most coins which is not a blockchain will die off during the next 2-3 years when they have burned through most of the ICO funds they collected. I see this tendency already that most projects are run by developers and not business men. They do not care about cashburn etc. They only care about the product which is fine but it needs to make money too!
Topic: 95% of Cryptocurrencies will Not Survive in 2018 - page 19. (Read 5235 times)
Scam coins will certainly disappear. For example there's a Terraminer project. The project looks scammy. Besides, those guys are going to hold one more ICO. It's a clear sign they are gonna collect money and disappear along with their coins. 
95% of statistics are made up on the spot. As crypto becomes bigger it only makes sense that the money flowing into it get diversified into many different areas. If anything that would cause more projects to survive, not less.
Everything can happen in crypto world!!!!!!!!!!!!
even shit coin survived, lol
even shit coin survived, lol
Look so many people are going to agree with you, Yes some ICOs dont even deserve to be on blockchain but 95% is really a big number you need to slow down. I am sure there lot of successful Icos out there some even are done and people invested and profited Also there are lots of scams out there you just have to know where and how to invest
I think your numbers are a little high. I do see a normal good projects is about 30%
Lol that's a pure provocation! Crypto-market will grow by 2 times in 2018, I believe.
If you are talking about those ico's who were not succesfull, then you are right, they are not going to survive just because of this: There is no way that people can not be convinced to keep their funds in that project if it is not profitable for them.
People is always hunting money, and if they realize that they can make much more money just by holding those funds in bitcoin, they will leave that project sooner or later.
But 95%, that is pretty unfair.
You should know that there are aprox 5,000 altcoins listed. a five percent of that is just 250.
People is always hunting money, and if they realize that they can make much more money just by holding those funds in bitcoin, they will leave that project sooner or later.
But 95%, that is pretty unfair.
You should know that there are aprox 5,000 altcoins listed. a five percent of that is just 250.
i wish crypto can by regulated
many scam coin everyday
many scam coin everyday
Many scams, that's true, but crypto is about decentralization not centralization or regulation.
If you mean for ico's to be regulated then that's another point.
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.
Coinmarketcap lists 1350 coins and tokens. So 5% survive is 65. Frankly I don't think there are that many genuine, viable long term projects, once you take account of consolidation (How many privacy coins do you need? How many platforms do you need? How many decentralised market applications do you need). Its just like the dotcom era, many people with whimsical projects that people are throwing money at on a promise for great financial gain, but without a lot of product, or experience to deliver.
Maybe not 2018, but at some point many of the ones you know will collapse and fade, many others will limp on for years to big to go but ridiculed for their failure to achieve their promise (think Yahoo of the dotcom world). Also something new will appear in the coming months and years to create a new buzz (Facebook was years late to the online world).
Maybe not 2018, but at some point many of the ones you know will collapse and fade, many others will limp on for years to big to go but ridiculed for their failure to achieve their promise (think Yahoo of the dotcom world). Also something new will appear in the coming months and years to create a new buzz (Facebook was years late to the online world).
Just open shitcoinmarketcap and you will find that big part of the listed coins have a tiny 24h volume and can be already concidered as a dead coin. Hopefully later the market will be purged but I doubt this will happen.
Obviously Bitcoin is an apple of cryptoindustry. Just because it was the 1st. Who tasted it and still holding really liked it's taste.
But wait, Apple wasn't a first company who made a desktop computer, first company who made a mobile phone or MP3 player.
They were the best but wasn't first. Why do people think that be the first is the same like be the best? Many things that we use every day are the result of many iterations and we don't use the first prototype, because of first prototypes, pioneers, are usually ugly and inconvenient.
people were saying same words for doge and ltc in 2014 and now they are still alive and there are too many shit coins still alive.
so at least %40 will survive.
so at least %40 will survive.
It is true most of the new projects just want to gather people's money and get away with it. This is why we have so many useless coins around. If this trend continues it would not surprise me to see the situation you mentioned in 2018.
I heard about it in the speech of Vitalik Buterin. But the fact is that he only supposed it. This is not an exact law.
Well yes indeed I personally also do not like ICO which are in reality, scams.
To see a healthy long term bull market we'd have to clean out the ICO space to make sure governments do not just ban crypto altogether because they feel the ICO space is too messy to regulate.
To see a healthy long term bull market we'd have to clean out the ICO space to make sure governments do not just ban crypto altogether because they feel the ICO space is too messy to regulate.
Though i agree a lot of them will die off. I think 95% is a bit of a reach. Good read either way tho! I hope the ones i am involved in do become that "5%". Already putting together blueprints for my yacht.
All I see now is useless ico after ico.
I so wish it want to stop.
95% fail yes, I assume you are counting all the airdrop coins then?
But 2018? The alts haven't really taken off yet and the market just started to get real attention.
But then again it's cryptoland, anything is possible.
But 2018? The alts haven't really taken off yet and the market just started to get real attention.
But then again it's cryptoland, anything is possible.
Though i agree a lot of them will die off. I think 95% is a bit of a reach. Good read either way tho! I hope the ones i am involved in do become that "5%". Already putting together blueprints for my yacht.
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