All Alt Coins are a scam. - page 35.

FreddySelvig

newbie

Activity: 125

Merit: 0

Quote from: majest3 on March 12, 2018, 12:14:17 AM

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!

I completely agree with the fact that most altcoins are absolutely not needed for this market. These are copies of other similarly unnecessary projects. Well if you consider that this market is still too small and the ICO boom started 2 years ago, then I think that most of the projects will simply disappear, and they will really need the replacement.

Tommy len

newbie

Activity: 86

Merit: 0

Not all from them are swindle though there is a lot of. Everything here is a scam, and we earn a fortune for investing in scams. Even the banks and government are calling themselves the biggest scammers in the world. In other words, the whole world is a scam. Deal with it mate and be “proud” of that.

thocon456

newbie

Activity: 83

Merit: 0

Not all altcoins are a scam but majority of them are scams and they have no use so you should be very careful which altcoins you choose to invest and put your money in, else, you will end up with a lot of dead coins in your hands.

restumaulana

full member

Activity: 476

Merit: 100

I really disagree if you mention that all altcoin is a scam, you can see some altcoin has made a real contribution and can be felt by many people

sawsaw987jig

newbie

Activity: 98

Merit: 0

Of course not, because in world of cryptocurrency, alternative coins may serve as 2nd option.but with out alternative coins bitcoin is not working.

asdizn172777

newbie

Activity: 83

Merit: 0

I don't agree. According to this depressive thinking all the coins are scams including bitcoin. Tokens are not only the coins in itself, they are just a part of the new blockchain technology that is in development process now

jayyen

jr. member

Activity: 112

Merit: 1

This is a wrong assertion. Is like your child drowning in water and you go about that you will not drink water again.The fact that one altcoin was a scam do not make all scams.There are great coins out there .Some even have wonderful products to back the coins.Those coming in now also have good and bad.it all situational.

ishirut009

member

Activity: 616

Merit: 13

Quote from: majest3 on March 12, 2018, 12:14:17 AM

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!

That's what he think, but i doubt it, You should study more the blockchain tech and all of the other good altcoins out there like protocols. You should not be listening to any other human being when investing. You should do your own research and act on your own on what you think is right.

Riskiagung2425

member

Activity: 340

Merit: 10

I think you should stop those nonsense informations before making any statement like this. Top altcoins nowadays can be very useful for many aspects, if you can find out how can they be applied in real life then you dont have any knowledge about cryptocurrencies.

cola-jere

full member

Activity: 665

Merit: 107

Quote from: majest3 on March 12, 2018, 12:14:17 AM

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!

Even bitcoin started out as a scam Grin

Even if the vision and mission of Satoshi when he unleashed bitcoin is to decentralize everything - electronic money, hashing power - it still didn't happen.

Those 2010 early adopters now control the crypto currency space. But in a way, that's also probably their reward for being first movers, like bitcoin is. Which I think is also fair.

Alt coins are giving a chance for new comers in crypto to get a hold of something in the crypto space. If there are no alts, we probably won't have a dynamic market that we have today. Bitcoin might have died as well as there's not much innovation.

I still believe that cryptocurrencies and the blockchain technology WILL and IS redistributing wealth to the masses.
Everyone in almost equal footing, no matter where you are located.

alshulk

copper member

Activity: 238

Merit: 0

I don't agree with that. Many coins have their own technologies that can be applied in real life. But I think the top 100 coins will change significantly in 2-3 years and many of them will disappear completely.

MascharonoM

jr. member

Activity: 216

Merit: 1

Nope, not all are scam. But some may be, I am not sure. Because I didn't research about them yet. I always looking for a legal one. Because I don't want to waste my money and investing in a bad (temporary) projects. I got some legal paper about SciDex few days ago which I was looking for. I would like to invest there. What's your suggestion? Thanks!

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: Viendong6158 on June 18, 2018, 10:09:18 AM

In my view this incident can not be separated from bad news about the world of cryptocurrency so the various altcoin in conditions that are less satisfactory for someone to use in investing.Therefore it takes a long time to eliminate the negative news if someone wants to continue to achieve success.

we cannot deny that - I for one was able to encounter that with my friend. I told him about bitcoin and he talks to me directly in the eye that bitcoin is a scam. I immediately stopped him and told him that bitcoin is good but there are just many scammers out there which gives a bad impression to cryptocurrencies.

labil88

newbie

Activity: 168

Merit: 0

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. 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.

Viendong6158

newbie

Activity: 98

Merit: 0

In my view this incident can not be separated from bad news about the world of cryptocurrency so the various altcoin in conditions that are less satisfactory for someone to use in investing.Therefore it takes a long time to eliminate the negative news if someone wants to continue to achieve success.

minhchi2948

newbie

Activity: 98

Merit: 0

Wrong opinion, because today in this sector according to the minimum data of $ 200,000,000, what do you think will happen when the market starts to grow and this capitalization starts to develop very actively, I think that in this case it will be necessary to expect a serious regulation of the crypto market.

btctestcolets

jr. member

Activity: 233

Merit: 2

Altcoins that has done through developing in a blockchain and succeeded in the market capitalization are legible because they have a right volume of caps and open in a public for investments through there whitepaper not unless they don't pass on a common standards which are scam coin.

metribitcoin

full member

Activity: 420

Merit: 102

I think all altcoin that has own blockchain is legit and give some benefits to the community, the coin that can be turn in to fraud coin is coin that does not own blockchain and they sell the coin by use network marketing like onecoin and edinar coin. Altcoin offer new technology to the community like smart contract, IoT and AI.

cmhdfs

newbie

Activity: 36

Merit: 0

I dont even use BTC for anything. I use FGC to play on draftdaily.com, I use DENT to buy more mobile data whenever I need, heck I even use Eth to pepe farm, only thing BTC is good for is to trade to get those others I mentioned, which wont be the case forever.

flowerofsun12

newbie

Activity: 91

Merit: 0

I have often heard people say or write that altcoins are scams. For me this is a new world of which many still have not understood the enormous potential, or in the case of these alleged experts who speak of scams, do not even want to understand it

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