ALL crypto coins are "worthless" right now. Here is why. - page 2.

Ailmand

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Quote from: btc4peace on April 05, 2019, 10:41:09 PM

Quite simply put, all coins are worthless right now if crypto is the future of money. I was looking at the charts and if bitcoin were to rise to $100,000,000 (1 penny per satoshi) at ANY point, that is 20,000x the current price.

In other words, every penny you invest now turns into at least $200 at that point (even if your altcoin is only worth 1 satoshi/coin). Seems like they are worthless right now compared to what they could be.

The idea is that if you believe altcoins will be world money, why wouldn't you save up as much as you can?

They are not really worthless, actually it is a good opportunity to buy them now since they are cheaper compared on how much they cost before. Saving some good crypto now can be a good investment in the long-run. The market will not be on a bearish movement forever.

Flezy

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I don't really know why you used the word "worthless", in my opinion it's not right. Coins like BTC, ETH or XRP etc aren't worthless. But in this crypto space there are way too many coins having or offering no value at all, these are the coins that are indeed worthless.

Maamejane

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Worthless is too big a word to describe the current condition. Since there is a great dip yet still there are some coins that are doing pretty well ou there just that they are not at it peak but you could it to be promising.

r1a2y3m4

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I think you are an investor of a shitcoin. All those "worthless" coins you are talking about are mostly the shitcoins. Shitcoins are define for me as the coins that does not have a bright future. And I think you should try to change your terminology to

jossiel

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I have some altcoins on save but I never think that it's going to be world's money, I'm more fond of thinking about bitcoin as world money and potential alternative choice for most of the corporations.

Quote from: axel2078 on April 07, 2019, 01:34:54 PM

I disagree with you, within this space there are many worthless coins but not all.

This is true, some has real value that merchants, investors and traders prefer so that's why it's value is also worth to take but compare it to bitcoin, of course the king would always emerge.

tomahawk9

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Quote from: btc4peace on April 05, 2019, 10:41:09 PM

The idea is that if you believe altcoins will be world money, why wouldn't you save up as much as you can?

Because no one is dumb enough to think that altcoins will become a worldwide currency in the future.

If Bitcoin, the most well known crypto in the world, won't ever accomplish such thing (at least that's what I think), then altcoins are out of the question since they'll never be as popular and they'll never reach the same level of acceptance from the general public as Bitcoin.

If you want to accumulate alts, do it because you want to get profits and buy lambos when we reach the moon, not because you think altcoins will become "world money", the latter will never happen.

maxitdev

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Read the concept of Maxit:
https://www.maxicreditcompany.com/whitepaper.pdf

I think this way a cryptocurrency can't be worthless

D1jay

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i wouldn't consider all crypto to be worthless even though there are lots of them that seems to appear so, this days, many ico project are trying to back their project with usable product or services which can benefit people, with such project dominating the market, providing different services to their users then such token will surely worth something with time, there are some level of difference between ico's of 2017 and now,nobody wants to invest on hype alone, now investors are very selective of what they put their money, only solid project with good fundamentals are surviving.

axel2078

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I disagree with you, within this space there are many worthless coins but not all. The few ones are living up to expectations and these are the ones worth getting involved with, not some hype or pump and dump coins with clearly nothing to offer.

radjie

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Quote from: btc4peace on April 05, 2019, 10:41:09 PM

The idea is that if you believe altcoins will be world money, why wouldn't you save up as much as you can?

Everyone involved in this field is certainly better able to understand the risks that will be faced so that they cannot fully invest their money in cryptocurrency which does not always have good potential for the future, especially if the investment we choose on several types of altcoins, and some types Altcoin cannot be developed in the future, because as we know today many altcoins have no value at all on the market and only become shitcoin. therefore we must carefully decide to invest in several altcoins

installer

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I also believe that there are no worthless altcoins. Just collect them now, while the prices are low and nobody wants to have them. You will be able to get great benefits from all tokens that you have collected in the future.

dark08

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Adaptation of cryptocurrecy are now become popular all over the world not all coins are worthless theres a certain altcoin that have a bright future no need to be worried after the long bearish run of bitcoin its now the start of another good run.

semobo

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Quote from: btc4peace on April 05, 2019, 10:41:09 PM

Quite simply put, all coins are worthless right now if crypto is the future of money. I was looking at the charts and if bitcoin were to rise to $100,000,000 (1 penny per satoshi) at ANY point, that is 20,000x the current price.

In other words, every penny you invest now turns into at least $200 at that point (even if your altcoin is only worth 1 satoshi/coin). Seems like they are worthless right now compared to what they could be.

The idea is that if you believe altcoins will be world money, why wouldn't you save up as much as you can?

Everyone doesn't believe that 1 satoshi will become 1 dollar that is why they invest on short term basis,if you knows that it will happen in future then make use of it.I am not holding many altcoins but some coins which is good for some years.

nitin8263

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It is not so, All coins are not worthless,I know that some coins are worthless but bitcoin and ethereum are very good coins in crypto market and both of coins have very developed and very good future.

inanilujimi

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all you need to know is that not all altcoins are worthless, there are some altcoins that can build a path for crypto to be even better.
because altcoin and bitcoin are related to each other.

chocopapaya

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Well, I guess if you are comparing, then 1 cent compared to $200 might seem worthless.

But the thing is, I highly doubt that crypto will become the worlds "money".
At it's core, blockchain tech is a way for p2p transactions to take place anonymously and trustless.
The distributed nature of it makes it impossible to crack or break.

So yeah, the p2p transaction can be money, but there are so many other possiblities that just being money is narrow minded.
Smart contracts for example, show just how powerful the application of blockchain tech can be.
To fully take advantage of what crypto can do, companies will go far beyond just using it as currency.

And btc reaching 100,000? nah, won't ever happen.
There are just way better blockchains out there that will replace it before it reaches that.

powerman24

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Not all the alcoins will be the winners. Only those, which will be mass adopted. Even if 1BTC =100 million $ it does not necessarily mean that all the alts will follow with the same intensity. But, definitely someof the alts will be x1000 versus today`s price. Our task is to find which one/s .

Galantin

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Quote from: ?? on ??

In december 2017 to whole year of 2018 the market drops again in again like we see that some alts here in crypto turn to shitcoin still a lot of users become matured in investment then many ICO that don't have future here not turn well so many really think now wise if they run new here and actually we see that gambling site and trading site that new here only turn well then not new coins/alts/tokens

If the coin turns into Shitcoin, then just such developers. As soon as the project does something. Even releases great news. The coin immediately begins to grow. So yes, the year was difficult. Almost all projects are fraudsters. And a heavy market for traders.

Yalovtsev

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Most altcoins decreased by 5-10 or more times with the fact that initially it was,Yes you can say anything,but such a market today that thanks to manipulation,many projects have left the market,and many have lost their investments,one thing I can say that if the project is working and decent,when the market will resume,in any case, these projects will cost a lot of money

Viceroy

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You have a very strange position. Altcoins will become world money in the future, but only a small part of those that are now. It does not make sense to hold a lot of altcoins now.

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