Do you have any evidence to support your claim? Why are you posting negative FUD out of nowhere? Just to get views? You should be ashamed of yourself for spreading false news in this forum. You feel that reputed exchanges like Binance would just list the coins out of nowhere? No! Only credible coins get listed here and you should stop spreading such news which can make other users negative about the market on the whole.
Your news is FAKE and I would't suggest anyone to read it.
Topic: All Alt Coins are a scam. - page 64. (Read 6421 times)
How about the bitcoin die? have you ever think about that ? first of all , you are in crypto market , as the same as in the trade market , or maybe in real life traditional market , lets imagine when the market doesnt have any thing to trade? are the bitcoin still exist , or maybe just for the fintech payment ? no altcoin means no market will survive , more altcoins means more trading activity and more attractive to magnetize the trader to come.
All altcoin is not bad like as ETH, NEO, CS, XRP, BCH etc. are good altcoin. It's have good marketcap of cryptocurrency and bitcoin is super coin for all time.
How is it even possible? A lot of them are already widely used, obviously a lot of them if not most will die because lack of utility but a few of them will chance the world.
I think not all of them. Some of it is scam. Over time scam coins will increase. I need to be careful.
That's funny, I think that he's no-brainer at all maybe he just lost in trading that why he said that.As we all know that not all altcoin are scammy but most of them are pretty much scammy.There are many altcoins out there like Litecoin and Doge that has a track record in years and have a strong community that supports those coin
Well, he is not no-brainer at all, I think. He is very famous person in crypto community and it is necessary to get a closer look on these people cuz their words can play serious role in market forming.
Quote
Vays has been employed as a Financial Analyst for Bear Stearns and J.P. Morgan where he witness the 2008 financial crash. In addition, he was the VP Operations MSCI Inc. and a Senior Financial Analyst for Axioma.
Vays began his career in blockchain and cryptocurrency in 2014 as a Research Analyst/Writer for CoinTelegraph. In 2015, Vays became the Head of Research for Brave New Coin where he helped the developer team create financial products such as the BLX Index to better identify the price of a bitcoin and any given moment. In addition, he wrote a weekly market analysis report to identify price trends in Bitcoin based on both technicals and fundamentals.
Since 2014, Vays has been an independent consultant and maintains the website libertylifetrail.com as well as the Crypto Scam podcast. Vays is a regular contributor to the World Crypto Network where he provides technical analysis to viewers. Vays frequently travels and speaks at Blockchain conferences all over the world
Vays began his career in blockchain and cryptocurrency in 2014 as a Research Analyst/Writer for CoinTelegraph. In 2015, Vays became the Head of Research for Brave New Coin where he helped the developer team create financial products such as the BLX Index to better identify the price of a bitcoin and any given moment. In addition, he wrote a weekly market analysis report to identify price trends in Bitcoin based on both technicals and fundamentals.
Since 2014, Vays has been an independent consultant and maintains the website libertylifetrail.com as well as the Crypto Scam podcast. Vays is a regular contributor to the World Crypto Network where he provides technical analysis to viewers. Vays frequently travels and speaks at Blockchain conferences all over the world
So this person is not usual youtube-crypto-trader. But I think it is very pessimistic point of view. Of course there are many scams or some projects that are something near fraud(that continue marketing but zero development for example) but their amount can't be around 99%. Especially when we are saying about top-100. Yes, there are some coins that need to be out of crypto at all
but that is just a small amount, all people with IQ 40+ understands this and support real crypto with real development, useful cases
Think most of it. Alot of altcoin which swindle, and they are absent. So you don't say that all altcoins - swindlers. Because in the near future there are alcoins which can show good reward like ETH last year
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!
Alts are a volatile asset. Sometimes some news can dump or pump asset's price. Following an advice of strangers can lead to a loss of money because they may want to purchase assets at lower price. 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!
To say all of them are scams is going to far in my opinion. Bitcoin was made open source and with that came the option to fork it or take pieces of code. I believe it was done for a reason, Bitcoin was just the starting point and not intended to be the only coin, but the start of competing for the ultimate coin. If there are scam coins it means the ultimate coin hasn't been found yet, or else they'd never got any users.
I think that Tone Vays is wrong. I think that every year the number of altcoins will only increase
A very high-profile statement, which today is not relevant and this should please people. Many projects are really closed, because they do not develop projects, as a result, people simply lose interest after raising funds.
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 do not know the real facts but if the facts are like that I think it does not affect people at all because most people here use coins as their trading tool so a scam or not in my opinion it has no effect because it is widespread and transactions will continue continues 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!
Not true. There are many claimers who just said by their thinking and absurdness. Just research top best coins and see their technology, then you personally feel, it is false.
I agree that many Alt Coins does not really serve the intended purpose or are just scams playing money games, but at the same time there are many legit Alt Coins that gives legit value to the world!
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 don't really know what is the purpose of this topic?!?!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!
yep, most of altcoins are shit coin, but most of altcoins that you already know are very potential.
others were already dies @@!
life or death is up to it's community. not 1 people
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. In 5-10 years this technology will be applied in all spheres of life, I suppose. And different tokens will be also. Apart of BTC.
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!
Maybe he hasn't explored the technology deeper other than bitcoin. He is a big fan of bitcoin. But it is a currency. Ethereum is a utility. Other tokens are security. After all, he is an economist, not a computer scientist. His opinion may contradict on what we think is useful. Bitcoin is limited to certain functionalities, whereas other cryptocurrency or blockchain application has different functionality than bitcoin.
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!
ETH is not at al scam n my opinion, I think that it has got more real life application than even bitcoins. In coming years, it may leave bitcoins behind.
before altcoin appears bitcoin already known to people, because every year enthusiasts bitcoin always increases then made altcoin like bch, ltc, eth and others. and all successful, maybe the emerging bitcoins now want to imitate their tracks by bringing different projects like blockchain, games, and even gambling.
If there is one coin, there can be no market. So all of these words is a complete sh**. How can any trades be run? Sell btc for btc in order to get btc? Nonsense.
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