Topic: 99% of all projects is worthless and not worth a cent. What do you think? - page 5. (Read 1435 times)
October 02, 2018, 05:53:36 PM
I think that you are right, especially all of the coins that are being pushed into the market right now, most of them do not have anything to offer and they are just here to make a quick buck off of unsuspecting investors. The reason that a lot of coins are still listed is because of the traders using them, else they would have all died out a very long time ago
September 29, 2018, 03:20:17 AM
I do not think so. Maybe a maximum of 60 percent of ICO projects are useless or just scams. However, this does not mean anything. In general, the Crypto currency is developing very quickly. Unnecessary coins and tokens leave the market. The remaining ones make a very valuable contribution to the increase in the overall utility of the crypto currency.
September 29, 2018, 02:26:54 AM
This is certainly a reasonable thing. many projects springing up certainly makes the competition will become increasingly tight. It will also make sure investors will also be confused to go into a project like that. and this resulted in a project that has only the name without investors clear. Plus it's also about time because not every project will directly be able to shine quickly and certainly will take time to big. indeed not all but at least some will need a process.
September 28, 2018, 05:14:47 PM
there are many scammers who just want to raise money and run away. I choose projects that have a worthy idea that try to help the world and which, at least, have already collected a soft cap. One such project. @swachhcoin. The project will pay people for their garbage. for today there is a 16% bonus, you can buy coins by the end of October. Soon the project will reach a soft cap
September 28, 2018, 05:08:57 PM
Thats why it is important to make proper research of the project you want to invest in or participate it. Check out the team, see if they have a ready MVP or at least if it is Alpha/Beta stage, what is the use case and does it make any sense to be on the blockchain; how will it improve life and make things easier etc.
August 27, 2018, 09:04:02 AM
Well I do not agree that 99% , but 70-80 percent sure . It all depends on the product that the project produces , and it is not always necessary and relevant. For investors who invest their money in these projects , there is simply nothing. it became more and more difficult to choose really necessary and effective companies which will not appear swindlers and will bring profit in the future
September 28, 2018, 04:56:54 PM
Well I do not agree that 99% , but 70-80 percent sure . It all depends on the product that the project produces , and it is not always necessary and relevant. For investors who invest their money in these projects , there is simply nothing. it became more and more difficult to choose really necessary and effective companies which will not appear swindlers and will bring profit in the future
August 23, 2018, 12:01:09 PM
I have to agree. Just look at the kind of coins that are being put into the market right now, there is way too much of them that one cannot help but think that there is no way that the coins are not scams. They have nothing to offer and the only thing keeping them in the market is because people are trading with the coins, once they stop trading then the value of the coin plummets to zero.
August 22, 2018, 12:30:26 PM
August 22, 2018, 07:35:44 AM
I think that is an over exaggeration and your estimation might be based on the experience you have had but it should not be a general representation of the situation in the ecosystem. There are good projects out there that are out to solve some problems
August 22, 2018, 07:31:02 AM
I think that it is true, there are so many projects which can not give money in turn, so investing is empety deal there, I am sure that this amount will raise only.
August 20, 2018, 09:38:58 PM
not as big as that, the percentage of 99% is too big according to my count, indeed there are too many projects that are not valuable. however, if you know in its entirety, there are many projects that are indeed valuable and not just fraud or other. we must be good at choosing a good project by doing some analysis.
August 20, 2018, 09:17:21 PM
I do not think that 99% of the projects are worthless and not worth a cent.
Of course, there are many projects that are really not that good, but there are also some good projects.
Think the bad opinion is currently coming from the current price decline of crypto currencies.
Of course, there are many projects that are really not that good, but there are also some good projects.
Think the bad opinion is currently coming from the current price decline of crypto currencies.
August 20, 2018, 09:10:22 PM
right, almost all of the coins I have are worthless, it really worries me, I don't know how my life will be if this coin just rots in my wallet, until now I still hope that by the end of 2018, everything will soon recover and have good price.
August 19, 2018, 08:59:55 PM
I think it's true 
. It's really difficult to find out a good ICO project to join at the moment that why only professional investors can survive at this period. As I can see 9 out of 10 ICO projects at the moment are failed and can't reach to their hardcap although their idea is really great, I think ETH price is too low also affect to ICO project.
. It's really difficult to find out a good ICO project to join at the moment that why only professional investors can survive at this period. As I can see 9 out of 10 ICO projects at the moment are failed and can't reach to their hardcap although their idea is really great, I think ETH price is too low also affect to ICO project. August 19, 2018, 08:57:45 PM
Even at this 99% claim without facts is not true. Truth be told we have mainly worthless coin, because most focus on making profit rather than embracing to use case of the token or coins.
It's high time we start focusing on use cases and how to make projects get acceptability.
Of course everyone wants to make a profit, That's just the way it is. I want that, you want that, everyone wants that. That is the most important thing, the profit.
You can put $ 100,000 in an ico and then embrace the project and do not start focusing on the profit. When the project is ready for 2 years, your $ 100,000 investment is worth only $ 100. Defs are not awake, they have your $ 100000 investment right after the ico converted to 12 bitcoin.
They have been able to make that $ 100,000 20x in bitcoin in those 2 years.
They simply have no intrinsic value. They do not add anything to the project.
That's why I say 99 percent is just worthless. A Project is not at risk if everyone dumps everything after an ico
Ok here some facts.
111089 contracts have already been created with ethereum.
In total there have been more than 3000 ico's.
I now just calculate just what is in the ico archive on this website.
This website has a total of 1957 ico sales in the archive.
www.icodata.io/ICO
Total 1975 icos sales
47 icos is return 3x
Of these 47 icos there are only 22 icos with a more than x10 return
22 of that 1975 = 99%
This is really bad to know that out of 1975 ICO sales only 22 ICO out of that is more than X10, this means that majority of the ICO is below their ICO prices, so my question is this, is the bear market the cause of this or what else is the cause?
August 19, 2018, 07:30:14 AM
The truth is that most coins are not doing what they are established for. If you say that 99 % of coins are worthless, you mean the entire crypto is worthless. But neither crypto is worthless nor 99% percent coins are worthless. But coins start working on what they are established for to make it stable.
August 19, 2018, 07:21:52 AM
Yes, I agree with opinions about many projects that are useless. But, 99% of useless project statements are too much, in fact there are still many projects that are useful and can grow well.
August 19, 2018, 07:21:34 AM
I do not think so. It is true that most projects are not doing what they are established for. Instead it seems that they are involving in something like money laundering or speculation. And I think it is high time they should start do what they are established to make themselves strong and stable. As a result, competition will emerge and those which are unable to compete will disappear themselves.
August 19, 2018, 07:17:02 AM
Not 99%, but let's say 80. There are a few ICOs at the end of the day who are able to outperform the other counterparts and able to sustain value on the crypto market. But yeah, only 20% of ICOs are worth something.
Otherwise the remaining are worthless.
Otherwise the remaining are worthless.
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