Topic: 95% of Cryptocurrencies will Not Survive in 2018 - page 20. (Read 5235 times)
Obviously Bitcoin is an apple of cryptoindustry. Just because it was the 1st. Who tasted it and still holding really liked it's taste.
I love how people just arbitrarily throw out percentages.
"99% of ICOs are scams", "95% of coins will die out".
In reality we choose these numbers for psychological and emotion reasons rather than rational reasons.
Reminds me of the joke: "Did you know that ... 85% of all statistics are made up on the spot?"
"99% of ICOs are scams", "95% of coins will die out".
In reality we choose these numbers for psychological and emotion reasons rather than rational reasons.
Reminds me of the joke: "Did you know that ... 85% of all statistics are made up on the spot?"
I'm on the same wave with you but I find it normal. Many projects doesn't have anything real behind them and they are collecting money because of the mass hype. However, 95% is too harsh number. I would say 75%-80% will not survive or at least their price will fall to similar levels.
You better be a fortune teller,lol 
bullshit lol
the new projects that come always come with a use case and for a reason
there will be more and more crypto's and they all will find some use case
and some of them will be only for trading
only the bad coins and the scams will die
its not 95% ..
the new projects that come always come with a use case and for a reason
there will be more and more crypto's and they all will find some use case
and some of them will be only for trading
only the bad coins and the scams will die
its not 95% ..
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/
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