The blockchain technology is very useful, it is not limited to coins and money.
There are many uses for blockchain and it can make our life easier by improving services quality and making them more trasparent.
Topic: 99 Percent of Cryptocurrencies are Worth Zero? What the hell? - page 4. (Read 1068 times)
this statement is a little exaggerated but it is not all wrong either. in fact i have been saying the same thing for a long time now and if you really study different cryptocurrencies you will come up with a similar conclusion that a lot of altcoins (majority of them even) are completely worthless and shouldn't even have a value.
and this is one of the main reasons why altcoins are always going down in the long term.
and this is one of the main reasons why altcoins are always going down in the long term.
it is not like that the market is down at the movement for that reason the other cryptocurrencies are also had very low value
I think that not all cryptocurrencies have no worth and most likely we are just experiencing a bear market where btc has been struggling to move forward and break the resistance. However, this is not over yet as btc may soon recover and may happen to make a bullish run soon which I hope it will be within the year. People should not get disappointed easily for cryptocurrencies will be active soon in the market and I would suggest that investors should further hold their coins. Wait for the right time for it will soon to change the market's history again.
All more or less knowledgeable about cryptocurrency understand that the crypto economy is unstable and there are many whales that are monipulating. But still, many people trade on crypto exchanges. Because even on a bubble you can earn.
Cryptocurrency is still new compared to other markets that's why it is still unstable and fluctuating which would make it a good opportunity for traders because the fluctuating prices are a huge opportunity to earn.
As we have observe, the market capitalization is huge but if we only take into account the projects that are used for its actual use case then I can say that 99% may be not used for it yet and are just existing for trading purposes.
All more or less knowledgeable about cryptocurrency understand that the crypto economy is unstable and there are many whales that are monipulating. But still, many people trade on crypto exchanges. Because even on a bubble you can earn.
There are very few liquid cryptocurrencies on the market. Even those that have large daily trading volumes do not have a real demand.
I think you need to create services, not new coins.
I think you need to create services, not new coins.
Doom just needs some attention, if you read about his latest stunt, in detail, (available on any popular coin blog), you would see how silly he is. just ignore him, please.
I agree, but not just Dr. Doom theres a lot of people who say bad things about cryptocurrency its funny that most of that people has an investment in it. Some of them might have a bad experience with it thats why they say those things.I think 99% is too much, yes I agree there are lots of cryptocurrencies that is already dead that is because the project or product is not good or a scam.
I don't like generalizing. The author is not very competent. Therefore I think it is necessary not to take it seriously. Crypto market is getting bigger. You can see it always on coinmarketcap. There is no need like this person.
Doom just needs some attention, if you read about his latest stunt, in detail, (available on any popular coin blog), you would see how silly he is. just ignore him, please.
it's hard to ignore him and his post because he is posting a fact on what happened the last time we had a big pump and he has a good theory, but crypto-currency is well and alive we just have to be careful on when and where to invest so we will not be part of those who lose so many funds.
I was tired of reading news from famous people like him, when the price of bitcoin dropped they would say that bitcoin and even cryptocurrency are scams. But when the price goes up they say this is the future, the right technology. It's nonsense from people who don't understand anything.
Bitcoin has skyrocketed at the price of $ 20,000 at the end of last year or the beginning of January. And until now there have been no signs of returning to the moon. A question that has to do with the story you shared should arise, and the question is when will bitcoin return to the price of $ 20,000? Can it happen and recur at the end of this year.
I believe that Bitcoin will rise again and wake up, people do not need to worry, bitcoin will never fail us. This is just some preparatory stage for the bitcoin and sooner or later it will rise and will satisfies us. The bull will be seen just wait and have patience.
many friends lost their money if this continues then in future no one will invest in cryptocurrencies .
For the most part this is true. I look for campaigns where the managers have ran ICO's before. I also look for Projects that already have an open business. This helps. Find a great project with a great community backing it. One that does not have an unreachable goal. You may make some great money. Really research a project before you invest and make sure to follow on all social medias. Buy the news. Sell the Launch
You set an example that cryptocurrencies are not worth zero, they definitely are worth something, if you use them properly
Somehow I believe this kind of thing. Most of the coins are useless and had zero value. Anyhow, if we are unable to handle this situation like buying at the peak but useless and no value at the end, the hilarious thing is that regret is always there to touch our emoticons.
Most of the the tokens I’ve encountered was shitcoins and has no value. It’s definitely a scam ico, that was one of the main reasons why im kinda getting tired with cryptocurrency and tired of investing on ICO’s because most of my money and efforts are going to waste.
Dr Doom is only talking about advanced economies because he lives in a bubble. When he gets his ass out in the real world he will realise that bitcoin can save countries like venezuela, iran, and many others with decentralised economies
The guy is a snake oil salesman. 
If you look at markets and you see a steep increase in the price of a specific commodity, then it is easy to predict a future collapse. He is sitting there, waiting for something that looks like a bubble and then he starts with his predictions, based on the growth of that so-called Bubble.
He was lucky the first time and the so-called Bitcoin bubble was easy to spot, so he just waited for it to spike and then predicted the collapse, based on the correction phase.
If you look at markets and you see a steep increase in the price of a specific commodity, then it is easy to predict a future collapse. He is sitting there, waiting for something that looks like a bubble and then he starts with his predictions, based on the growth of that so-called Bubble. He was lucky the first time and the so-called Bitcoin bubble was easy to spot, so he just waited for it to spike and then predicted the collapse, based on the correction phase.
have you ever checked the shitshow known as altcoins? if you haven't then go ahead and do it. and i mean checking the projects themselves not just looking at social media and what the shills are saying. if you do that you can see that a great number of them (maybe above 80%) are pure copycoins. this means they simply copy the open source code from another project and only change the name and possibly some small arbitrary changes. such projects don't have any value.
the rest (the 10% for example) are still copy coins which made bigger changes (like the bitcoin forks that changed block size, block time, algorithm,...) but they introduced flaws and reduced the security of the project. .... meaning 0 value.
the remaining coins (10% if i am generous) have some original ideas and designs but they are still not good enough to be used on a large scale.
so with a quick search you can see that 99% is not really that unrealistic since the situation with altcoins is really terrible.
the rest (the 10% for example) are still copy coins which made bigger changes (like the bitcoin forks that changed block size, block time, algorithm,...) but they introduced flaws and reduced the security of the project. .... meaning 0 value.
the remaining coins (10% if i am generous) have some original ideas and designs but they are still not good enough to be used on a large scale.
so with a quick search you can see that 99% is not really that unrealistic since the situation with altcoins is really terrible.
Sometimes the prediction is right and wrong, this is only the game of the popes, the market is down 70%. We wait and see bitcoin for the future. Hopefully bitcoin can reach more than $ 20,000
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