ETH, DASH and others are top alts having great background, support and framework, to call them useless or shit is a disgrace.
No doubt alts have a great effect on bitcoin price, some scam icos and projects are creating bad image of cryptos thus people are losing faith in cryptocurrencies. But with proper regulation of cryptos across the world it will become difficult for scammers to run such fraudulent schemes or projects.
Topic: All Alt Coins are a scam. - page 29. (Read 6421 times)
No, not all coins, but in Socratus all honestly I advise you to try
If you really think so, then you don't need to invest in cryptocurrencies, as they are extremely volatile, unstable and dangerous. Buy Bitcoin and pray on it, although Yes, Bitcoin is also a cryptocurrency that jumps in price up and down. But seriously, then you have to understand that Bitcoins do not make up the cryptocurrency market. The cryptocurrency market makes up all the coins, even if they are bad. Bitcoin is undoubtedly the leader, but for some reason it is the Ethereum that is in second place after Bitcoin and not Bitcoin cash. I agree that approximately more than half of the altcoins and tokens that exist are slag, but by no means 99 percent.
Every time I invest money, I try to check the project in full, but it often happens that the project turns out to be a scam, how? Why does this happen? I`m also beginning to believe in this.
Not all are scams. There are a lot of useless coins but there are some good coins as well. The problem is folks jumping on every new coin they see on coinmarketcap
I do not think so, for example, neo full of good alt. But they are very dependent on the market and the situation around it.
I would recommend you not to base your opinion only on the same as of one particular person, you need to listen to some others world leading economists about there believes about cryptocurrencies.
Yeah, i agree this is gonna be a caution to be misinterpreted by our newly investors in participating in some ICO development. Better way on this is not all Coins are scam. Elaboration of a false accusation without a proof of evidence can make FUD for the market which affect the value of price in the market.
I deeply disagree that the only coin to survive will be bitcoin. There are plenty of alt coins that are scams and will die out, but not all. There is a real use and need for privacy coins. There privacy coins are the best way to send and receive currency anonymously. Many people have entered crypto because they are sick of centralization and banks. Even with bitcoin, transactions can be tracked down. Privacy coins will become more and more of a demand. There is no way they all die out.
I think all the subcoins in the crypto currencies market are not scam. only in recent times the number of scam has increased. I hope new rules will prevent scam in the future.
Not all alt coins are scam. but almost some of projects are scam. And due to this, you can't blame every coin or project. Because i already invested in many Altcoins and at current situation i am in very good profit.
So i think you should do good research about different types of projects or coins in which you want to invest your fund and definitely you will get good result
So i think you should do good research about different types of projects or coins in which you want to invest your fund and definitely you will get good result
all alts are scam - I often heard this from some people, don't want to believe they're right, and it's not, there're so many projects that work so hard, trying to bring something new, many of tokens will be used in internal ecosystems...well, they're wrong obviously
Everyone is entitled to their opinion and i don't think anyone's opinion should trigger important decisions as selling out coins you invested in, instead research and make your own decisions on whether its time to sell. if at all are all shit then who's gonna buy even if we sell. just chose your coins wisely, some of them has potential.
Yeah, you're right mate I agree with you some opinion are just to discourage other member. But what's important is your own decision if you still continue support crypto and do what is need to do to earn something out of it.
Many early bitcoin visionaries have lost their imagination after the quick rich from btc's spectacular rise. They have lost their ability to think out of the box and are only willing to live in their btc wonderland. Leave them be. No need to argue with anyone who don't believe.
Most likely it is true, but no one can forbid you to trade and earn money with this shit altcoins. 80% altcoins will disappear in 1-2 years. Not all I think. But now is a very good time to earn a lot of money.
I think it's just an angry statement. The statement is not based on strong data and facts. It is now a lot of emerging new coins that can be spelled out garbage and scam. However, that does not mean everything is garbage. Moreover, altcoin like Ethereum has survived for years and experienced the same ups and downs as Bitcoin.
Not at all.
Based on my experience, not all altcoins are scams, some are normally got dumped. And become not valuable anymore because the law of demands. Altcoins will exist as long as there are demands on the specific altcoin. The more the supply, the lesser the demands, that altcoins will die.
Based on my experience, not all altcoins are scams, some are normally got dumped. And become not valuable anymore because the law of demands. Altcoins will exist as long as there are demands on the specific altcoin. The more the supply, the lesser the demands, that altcoins will die.
I don't agree that all altcoins are scam, yes there is altcoins that can be considered scam but not all alts. Its normal for some altcoins to go dump in the price, but it doesn't mean that its a complete scam, there are some people that only want to use alts to scam other people.
I would recommend you not to base your opinion only on the same as of one particular person, you need to listen to some others world leading economists about there believes about cryptocurrencies.
I have no idea who Tone Vays is, but the words he says echo that of a newbie. Ethereum is more important to me than Bitcoin because we have seen concrete evidences that Ethereum has something to deliver. Bitcoin is intended to be used for payments but up till now, majority of what we have seen is speculations.
Well this is what the insightful Tone Vays claims...
He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.
So l guess we should all sell our Alts now!
He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.
So l guess we should all sell our Alts now!
Stating that all Altcoins including Ethereum, Dash and Ripple are Scam is a Fallacy of Hasty Generalization as far as I'm concerened. It could only cause panic among the Newbies.
Nowadays Investors are making the most of their profit by trading Altcoins and not Bitcoin.
As per my view altcoins are not scam, they are those which helps in short term trading and it makes huge profits, i trade in many altcoins and i dint find them scam till this date.
Jump to: