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Topic: All Alt Coins are a scam. - page 82. (Read 6421 times)

member
Activity: 350
Merit: 10
March 16, 2018, 07:35:43 AM
not all alts are scam , yes there are many coins which really dont have any project or vision .
but if you say ether is also scam .. then wrong .
member
Activity: 294
Merit: 10
March 16, 2018, 07:34:28 AM
We can view that theres about 80% of icos are scams, some other altcoins are not scams but do not have a future and are going to disappear after a few years, then there are few projects that are worth investing to, you can try to find them and make money with them coz these are the type of projects that everyone is looking for..you can add Fishcoin project to your list..youll not regret it..
full member
Activity: 490
Merit: 100
March 16, 2018, 07:29:10 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!

His postulation is very large and  could not be supported  by any solid evidence. There are a lot of altcoins that are doing well in the market and has given the investors reasonable profits.If bitcoin survives, good altcoins will also survive because bitcoin is a precursor to altcoins.
newbie
Activity: 25
Merit: 0
March 16, 2018, 07:23:29 AM
Many ICO's are actually trying to solve some real world problems. However they are overfunded to the extreme.
Projects that really only require 1mln, gets 100mln.... At which point they can nothing but fail to deliver on that promise.
member
Activity: 294
Merit: 10
March 16, 2018, 07:19:51 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!

Are you kidding? If true it is scam, then why the development of altcoins beyond what happened to bitcoin. For example in terms of time, altcoin does not take much time to develop (favorite coins). The reason why Altcoin is created is in my opinion to stabilize bitcoin so that the available volume does not run out quickly.
member
Activity: 322
Merit: 15
March 16, 2018, 07:13:12 AM
Some of them yes but generalizing things from a few alt coins are just fallacy.
jr. member
Activity: 168
Merit: 1
March 16, 2018, 07:10:26 AM
in jayz voice we don't believe you u need more people(that line from takeover song diss on nas),well i dont agree 100%-1% with this lots of people have made money from alt coin,maybe it might be the ones they have come across.there some coins i believe in especially otppay and there are currently on I.c.O.
full member
Activity: 518
Merit: 145
March 16, 2018, 06:09:18 AM
Can you prove your wordings or have you any link which says like this? Never spread rumor as many altcoins already proved their value and established and investors first choice. May be some altcoins do scam after their ICO but not all altcoins are scam.
Here is the link to an interview he did yesterday where he clearly states they are all scams or 99.5% of them
https://www.youtube.com/watch?v=gsaSVf5YxfI

Well, by saying 99,5% of them, he may not be far from the truth. We cannot but agree that most coins have been created just to enrich the pockets of the developers and we can count just very few coins that actually have a solid product right now, providing solutions and can easily stand on their own on the long run.

Most of the coins are just replica and they will end up useless in the long run as there will be no use for them with respect to the fact that they are just copy cats and there is no solution they provide that is not being provided already but I disagree with some of the coins he has mentioned though.
member
Activity: 132
Merit: 10
First Universal Cryptocurrency Casino
March 16, 2018, 03:45:53 AM
The etherium will definitely turn into a scam, because even its creator has gone to another project. Most altcoins are also garbage. But there are coins that can compete with bitcoin, for example, ripple or bitcoin cache.
full member
Activity: 360
Merit: 100
March 16, 2018, 03:26:13 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 do not think that's the true, there are a lot of coins that are of no value, but there are those that I think have the chance to even surpass the Bitcoin.  Huh
legendary
Activity: 1652
Merit: 1057
March 16, 2018, 03:10:45 AM
Can you prove your wordings or have you any link which says like this? Never spread rumor as many altcoins already proved their value and established and investors first choice. May be some altcoins do scam after their ICO but not all altcoins are scam.
Here is the link to an interview he did yesterday where he clearly states they are all scams or 99.5% of them
https://www.youtube.com/watch?v=gsaSVf5YxfI
I am not actually going to be disputing the fact that a lot of the altcoins are rubbish and they serve no purpose, but the ones he has mentioned was where he actually spoiled everything. Clearly most of the altcoins have nothing to offer and they are just there occupying the whole space doing nothing except for being pumped and dumped which clearly only enriches the whales and the devs holding a larger portion of the coin.

Bitcoin is no doubt the legacy coin, but the alts with good intentions and solution providing ones will turn out fine at the end. It is a big market, so there is room for everyone.
jr. member
Activity: 150
Merit: 2
March 15, 2018, 04:13:05 PM
Well, some AltCoins are surely scams, other aren't scam but are so poor projected that they will die very soon.
But to say that ALL are scams, it seems to me an exaggerated generalization.
Btw, only the future will give us the right answer.
member
Activity: 845
Merit: 56
March 15, 2018, 03:38:35 PM
Just as much scam as btc. At least they are all faster and less expencive scam as btc LOL.
full member
Activity: 518
Merit: 100
March 15, 2018, 03:32:02 PM

Claiming that all alts are a scam is not a very accurate schiool of thought, But Tone has a right of opinion and can say whatever he wants, his thoughts however shouldnt cause any form of alarm. incase one feels the need to sell, they should based on their own decisions
sr. member
Activity: 504
Merit: 251
March 15, 2018, 03:11:56 PM
You have to know my friend that the alternative coins are the future the market is very competitive than ever before but you partially right because there scam alts we should be selective
member
Activity: 115
Merit: 10
equitybase: Crypto Real Estate Exchange
March 15, 2018, 03:07:26 PM
Now it is very difficult to talk about it. Perhaps this is true, but many ALTs have made an invaluable contribution to the development and popularization of crypto-systems. That's more money.
sr. member
Activity: 476
Merit: 256
March 15, 2018, 04:12:11 AM
No all Altcoins are not scam like ETH,NEO,LTC,BCH,XRP,XLM,IOTA,DASH these are supported by some well defined project for long term and their developers are trying their best to keep these altcoins up to date and sustain for a long term.Many other altcoins which are hyped only and dont have something to deliver will die automatically.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
March 15, 2018, 03:58:25 AM
ok, you should sell your altcoins and others will buy with low price. I do not know what you have read but i think you will make a big misstake if selling your coins now.
member
Activity: 351
Merit: 10
March 15, 2018, 03:56:43 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!
if you also say "all altcoins are a scam"
this is a stupid opinion
yeah, some altcoin there is a scam but not all altcoins
many people are successful because investing in altcoin, they are smart people in seeing opportunities
I suggest you to learn more about altcoin, don't just follow the path of deliberate ignorance made for a destruction
newbie
Activity: 18
Merit: 0
March 15, 2018, 03:36:03 AM
The scale of IOTA functioning is so great that it is not so easy to cover.
The IOTA system is aimed at maximizing the opportunities for trade in services. Crypto currency is designed to simplify transactions between companies. IOTA is not a scam.
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