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Topic: All ICO driven altcoins will drop to zero in the longterm. Just by logic. - page 4. (Read 522 times)

full member
Activity: 810
Merit: 101
There is some truth in your words. Previously, the projects were created to implement the idea and they were successfully launched, but now the situation has changed dramatically. I agree with you that most projects are just garbage and the cost of their tokens in the future will be zero. I also stopped investing in ICO.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Whales swapping coins ... interesting aspect. It´s true that no fresh money is entering the markets (no way for big pumps actually, except manipulated ones - the famous bart pattern), so they trade internal by cryptos only. Whales are winning this short term trading game too.
In this capitalism era the big player will always become the winner in the various aspect. in fact that the power of money will give a lot of impact to the everything. Whales were manipulating everything in every moment. a lot of people know about that and this is not a big surprise.
legendary
Activity: 1310
Merit: 1000
Well, some companies will be able to create worthy product with a big value and customer's base, some utilities will be on demand and I believe not all ICOs will end up 0 token price. Don't make the same analysis like you do for stock maket
newbie
Activity: 9
Merit: 0
Whales swapping coins ... interesting aspect. It´s true that no fresh money is entering the markets (no way for big pumps actually, except manipulated ones - the famous bart pattern), so they trade internal by cryptos only. Whales are winning this short term trading game too.
jr. member
Activity: 462
Merit: 1
Well, you are right. As an investor, I do not participate in this process. Because I understand one principle. Cryptocurrency as a financial peramid, today it is tomorrow it is not. Whales swapping coins. All this is a game with our wallet. Do not be ill.
newbie
Activity: 9
Merit: 0
It´s completely clear that all Coins/Tokens will be valued zero. Why?

1) Because they are not securities. You don´t own any shares of the companies. You don`t get any dividends from their gains in the future (if any of them has the capability to earn FIAT money in the future).
2) ICO ... Initial Coin Offering, it´s just an other form of crowd funding. What´s the main problem with this approach? You finance the companies business operations. They must sell their tokens to sustain running their business. Or do you think they earn money other than in cryptocurrency? No, they don´t. It will last until all tokens are sold, then this companies are down and out. Simple. You sit on worthless tokens. Scams are just the rapid version of this process. Would ever a venture capital company invest FIAT into their business? Zero price is inevitable.
3) Point 1 and 2 are not clear for many users here ... It´s a big pump and dump scheme. Greater fools theory, not more not less.

Now I want to hear your opinions. We don´t talk about Bitcoin here, just about altcoins.
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