Author

Topic: All ICO driven altcoins will drop to zero in the longterm. Just by logic. (Read 517 times)

copper member
Activity: 322
Merit: 8
Not all altcoins with roots from ICOs will go down. There are few active projects which I think will stand strong. But I agree with you, countless will drop to zero and just fizzle out like an old lady's fart
hero member
Activity: 1666
Merit: 629
If we think rationally, we can easily reach the conclusion that this situation will occur. There are so many projects that have been created in today's market and in the past few years, and the probability of survival and valorisation of all these projects is almost negligible. There are so many projects that create the same goal, same target and same sector, so that only one of these projects will continue to exist or completely removed from the market depending on the sector. Therefore, we should make a careful choice in making such investments and not include these options in our long-term investments.
sr. member
Activity: 882
Merit: 301
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).

You have not heard of something they called a hodlers program? Where investors get rewarded in BTC or alts just by keeping their coins or tokens in a particular wallet.


full member
Activity: 560
Merit: 100
Indeed, many projects are either very similar to each other, or empty and meaningless. But the really demanded ICO, built on the latest technologies, will bring not only benefits for society, but also good profits.
legendary
Activity: 1890
Merit: 1003
An ICO that drops flat to zero s definitely a big scam that never got into the market in the first place. No matter how bad an ICO does, without a product or use case, and it gets into the market, it should be even at the leat price, not completely zero.
Good projects never die no matter how bad market circumstances affect to their development. Price falls to zero in case of dead liquidity and i have heard about one project which CEO passed away.
copper member
Activity: 224
Merit: 1
An ICO that drops flat to zero s definitely a big scam that never got into the market in the first place. No matter how bad an ICO does, without a product or use case, and it gets into the market, it should be even at the leat price, not completely zero.
member
Activity: 238
Merit: 10
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.
1. They're not securies - so what? Amazon vouchers are also not securities but their price is stable.
2. These companies are not just sustained via dumping on you, they're ALL building products that can potentially make money (otherwise investing in them is stupid).
3. Apparently point 1 and 2 are not clear to you either.
sr. member
Activity: 1988
Merit: 275
I tend to disagree. Just because there was an ICO won't lead to these altcoins dropping to zero. If the altcoin is backed by demanding utility, it will definitely survive the test of time.

Definitely. Not all ICO-driven projects will be valued to zero. I have seen few promising projects that have real working product already. And they have solid partnerships. I think the OP is frustrated enough with all these ICO scammers but I still believe that there are good ones that will emerge from this market.
jr. member
Activity: 322
Merit: 2
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.
I very much agree with you. Even if it doesn't return to zero completely, it will be something way close to it. Even considering the way some of the tokens have performed badly, hitting zero or a worthless value in 2 years is inevitable.
sr. member
Activity: 498
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
I don't think that the ICO-driven altcoin will return to zero, maybe only some of them don't have a future. But a coin that has potential will be far better and possess a future.
Indeed, it cannot be denied that not all ICO tokens will end at zero valued, but the fact that most of them after listing in the exchange price are always undervalued. And if this continues, I am sure the future of ICO will no longer exist.
member
Activity: 1344
Merit: 10
Most undoubtedly significantly fall in price, but some coins even feel very good today.
copper member
Activity: 266
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.
I find that very interesting, what you write and the more i think about it, you seem to be right. Nevertheless, i think that will not apply to all tokens. Some tokens are there to be used on certain web pages, e.g. to rent a car or similar. Hopefully, these tokens will always hold a certain value.
full member
Activity: 1330
Merit: 121
For ICO projects, no promotions are needed. In cryptocurrency, there is a completely different form of existence. In the course of ICO, tokens are issued, and securities are not needed to tokens. The tokens in the ICO have also recommended themselves well, so you should not change anything here. Soon, some reformers are ready to return from the cryptocurrency back to the normal stock market. We do not need it.
if it refers to cryptocurrency as securities, then it is likely that the future of tokens is quite promising, if their projects are in demand in society, then the value of these coins will be quite satisfactory. But what if the coins lose their relevance over time, even though the project will work without loss?
member
Activity: 420
Merit: 14
For ICO projects, no promotions are needed. In cryptocurrency, there is a completely different form of existence. In the course of ICO, tokens are issued, and securities are not needed to tokens. The tokens in the ICO have also recommended themselves well, so you should not change anything here. Soon, some reformers are ready to return from the cryptocurrency back to the normal stock market. We do not need it.
full member
Activity: 462
Merit: 100
I don't think that the ICO-driven altcoin will return to zero, maybe only some of them don't have a future. But a coin that has potential will be far better and possess a future.
full member
Activity: 616
Merit: 100
https://exip.live/
I dont think so all altcoin will going to zero, last year in 2018 all altcoin dumped hard because in previous year the price was going up to high. In 2017 alot of altcoin was going up 50 to 100 times less than 1 years so in 2018 many investor and trader take profit. Blockchain and cryptocurrency was adoptep in many different industry and already give many benefits so with more adoption the demand will increase later.
jr. member
Activity: 434
Merit: 1
Pozess - The Photo Sharing Fashion Marketplace Tha
Not all projects will slide to zero, because there are many worthy projects that have a promising product behind their backs!
member
Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
I get your point. As time goes by really seeing this spouting nonsense tokens in the market, they are as if no use in blockchain technology already. But incase for Ethereum and bitcoin they still have the worth like a fiat money.
jr. member
Activity: 616
Merit: 1
I tend to disagree. Just because there was an ICO won't lead to these altcoins dropping to zero. If the altcoin is backed by demanding utility, it will definitely survive the test of time.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
The goal of every altcoin/token that started in an ICO is to be used as a utility coin. There is a need for it, its not obvious but it will be clearer in the future. Some will die because the use case is still uneconomical or further from maturity as an ecosystem.
newbie
Activity: 9
Merit: 0
this is a good post and in simple terms it's correct, but any   serious ICO-funded projects, wouldn't just dump all their tokens?
it's the same as going bankrupt or something, there's hardly volume enough for 99% to sustain a dump, and when dev wallets start dumping, all trust is gone

No, don't misunderstand. A serious ICO project don't get fiat money to sustain business, they need to get it with selling tokens. No need to dump all coins or tokens immediatelly, just enough to pay monthly bills. But it's a question of time until the company has no more tokens left. This is the problem. Let's suppose that a specific ICO with good tech behind will grow and will earn fiat money or pushed into a real IPO. Then tokens are worthless anyway. Token holders won't get any shares from holding tokens, and IPO leads to stock investing. And if there is not a positive outlook, company goes broke - same problem, worthless tokens.

I need to dive more into the "utility" part of tokens, how they are in circulations, burned, utilized .... as some users exclude them from the logic path here, what I accept. From that point I include all tokens, which were only created to fund business. Those will definitely go to zero.
BQ
member
Activity: 616
Merit: 53
CoinMetro - the future of exchanges
 this is a good post and in simple terms it's correct, but any   serious ICO-funded projects, wouldn't just dump all their tokens?
it's the same as going bankrupt or something, there's hardly volume enough for 99% to sustain a dump, and when dev wallets start dumping, all trust is gone
full member
Activity: 517
Merit: 119
So you think all icos are scam? I understand this from your thoughts. We can not think of all projects in the same context. Some of them are honest and doing their job. And they work really hard.



I said that a scam ICO is just a faster progress of dumping token money than a non-scam initiated ICO.
And even the legit ones are honest and work hard, they still need to pay workers. Guess how!
Not quite the right logic.What if tokens are interesting to ordinary users and they are in demand?Yes,it is possible to pay employees by selling tokens, but this is a drop in the ocean if the volume of sales of these tokens is very large.
member
Activity: 378
Merit: 10
I think that the fact that they will need to sell their tokens does not play any role. They can also burn their tokens to increase the token value as all the major coins or tokens are doing at this moment.
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.
Based on your logic, those coins that we buy or get in some way, you need to sell and hold them does not make sense, because their price will be equal to 0. I do not think so, because each coin has its own value, thanks to its technology, which is supported and enhanced by developers.

Ok, let's divide utility tokens from the big rest. No utility means 0 in long term. Even utility doesn´t guarantee value if technology behind the project won`t be adapted by the mass.
newbie
Activity: 9
Merit: 0
So you think all icos are scam? I understand this from your thoughts. We can not think of all projects in the same context. Some of them are honest and doing their job. And they work really hard.



I said that a scam ICO is just a faster progress of dumping token money than a non-scam initiated ICO.
And even the legit ones are honest and work hard, they still need to pay workers. Guess how!
legendary
Activity: 2179
Merit: 1201
I think you are misunderstanding, there are many ICOs still living well today. And the value of the token will increase if the project proves that it is a feasible project and will bring good results. As for the pump and dump, I find that the stock has a similar situation, but the time period usually takes longer.
sr. member
Activity: 2506
Merit: 368
Not all altcoins will die out, and this is 100% information, as there are projects behind which there are large funds and large teams,and most importantly they have a really working product that will be in demand good,and even more so the future of digital technology!
An altcoin that doesn't move a bit in the market will eventually die and drop to zero in the long run. We do all have good altcoins to consider but the rest of it is just a bunch of shitty coins which is nothing. They were all the product of pump and dump in the market that doesn't give anything in the process or even in the long run.
full member
Activity: 588
Merit: 100
Actually, I don’t think that all the coins will fall in price and leave the market, every coin is backed by real people and a pretty good project that needs time to be implemented.
full member
Activity: 2100
Merit: 174
I don’t agree with you. There are also ICOs which launch exchanges. And the profit from quality exchange is fantastic. From these money they will support their tokens. Also there are other business models which can generate profit.
A token being listed on an exchange (even it its the no.1 in volume) isn't and indicator of it success and guarantees it will not be worth nothing. In fact, it is a prominent pattern that when a coin is listed, it will inevitably dump due to investors profit taking.
sr. member
Activity: 2030
Merit: 269
Actually, it's happening right now, pick any coin that held their ICO last year and you will find out, that these coins are not existing anymore, and if they are still here, the price is much lower than the ICO price and this is the reason why investors are having second thought investing anymore from the so many new ICO.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
ICOs are created for a short term profit making which is also more like a gambling game rather than being a real investment. and because of that their prices are only good for a little while although only those that win the "lottery" of ICOs can make profit, the rest will lose most of their money.
nobody has any faith in the future of them either, that is why everyone jumps ship at first opportunity they get.
full member
Activity: 560
Merit: 100
In general, I think that yes, but only if they are not provided with anything, since most of the projects promise that investors or HOLDERS of these tokens may have some privileges when using or maybe something else. Therefore, I think that all this will definitely have value.
sr. member
Activity: 854
Merit: 267
So you think all icos are scam? I understand this from your thoughts. We can not think of all projects in the same context. Some of them are honest and doing their job. And they work really hard.

copper member
Activity: 462
Merit: 10
You are equally saying Bitcoin will eventually go to zero because they don't give you dividends..thats one point to prove that you are totally wrong on your analysis. Not all Coin or token will die off on the long term.  If a project has a good working products to substain it then it can last
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
The high level of abuse we saw in 2017 to 2018 makes it difficult for me not to disagree with you on this point. they only care about what they could get from the space and not to deliver a product that no one is willing to use, because this is the problem with most of these tokens, no real use case or utility for the tokens and become useless
sr. member
Activity: 840
Merit: 251
You have a point because some of these ICOs do not meet expectations after having a successful ICO. However, not all ICOs follow this trend, there are ones backed by experienced team members and a good product which is highly in demand. Projects like this are very difficult to hit back to zero.
Some may find the ICO which is nice, but for now, everything is really falling and no one could have expected. This could be also a scheme planned by others to take profit. for now, only time will be able to determine if this altcoin and ICO will be satisfactory or not for the long run later as the time before.
full member
Activity: 602
Merit: 100
Not all altcoins will die out, and this is 100% information, as there are projects behind which there are large funds and large teams,and most importantly they have a really working product that will be in demand good,and even more so the future of digital technology!
full member
Activity: 644
Merit: 111
It's not really worth generalizing. I agree that most of the projects are nothing and their coins in the future will be zero. But I have met worthy projects that will continue to exist in the future and, accordingly, the price of their coins will only grow. So very little, but they are and they can be found if you really try.
member
Activity: 378
Merit: 10
I don’t agree with you. There are also ICOs which launch exchanges. And the profit from quality exchange is fantastic. From these money they will support their tokens. Also there are other business models which can generate profit.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
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.
Yes, I know, you say that because the altcoin prices in the market are decreasing. this is only a matter of market conditions, if it is time for sure prices will recover. and I don't think all altcoins that use ICO will end zero.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
The real reason why the crypto currency projects were created? they just want to bring a crypto here and make it more successful like bitcoin or ethereum so the money is their intention but they are not going to make a better currency without much effort from the team but nowadays lot of projects were created and make money from ICOs then gone which is just scammers thing so don't blame all the projects.
full member
Activity: 630
Merit: 100
It is true for many ICOs that their coins are not worth much, some are securities which is why they request a KYC first. They won't be able to sell their tokens if there isn't any demand for it so they will dump their ethereum first hence the reason why ethereum dropped so much recently
jr. member
Activity: 336
Merit: 2
ECOSTART
What you reveal is indeed true, but altcoins that truly maintain their quality and potential will last and be valuable. Indeed, there are no letters, no securities or guarantees of all these beliefs, like the time you like to walk so that the community can be strong.
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
Logically I don't think it will touch on the price you mean (0) that's impossible, because some ico token developers have to be involved in further developing their tokens. I mean, only a few of them are serious developers. and the ico token has a price depending on how the developer develops tokens on the market and fans of the token itself.
member
Activity: 714
Merit: 14
You have a point because some of these ICOs do not meet expectations after having a successful ICO. However, not all ICOs follow this trend, there are ones backed by experienced team members and a good product which is highly in demand. Projects like this are very difficult to hit back to zero.
legendary
Activity: 1442
Merit: 1025
No, an ICO tokem can also act as securities and if the project will go smooth and successful, then we can expect the devs to keep investing into their tokens hence there will be no need to keep on selling just for the reason of sustaining with their business.

If you study some random project on how they are doing with their tokens after ICO, then probably you might get only these conclusions. You must need to consider a real life application based project and their ICO for studying your logic. A good project and a generous devs team will never let down their early supporters. They will keep investing their profits into their tokens so that the value of their token will indicate the success of their business.

My simple logic : if an ICO token dumped to zero then you may assume that is a failed project and also it might be a planned scam too.
full member
Activity: 532
Merit: 101
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.
Based on your logic, those coins that we buy or get in some way, you need to sell and hold them does not make sense, because their price will be equal to 0. I do not think so, because each coin has its own value, thanks to its technology, which is supported and enhanced by developers.
member
Activity: 280
Merit: 11
ICO is not worth is anymore, it is taking a lot from people and giving a little or nothing back to the people because all we have now is projects that have got nothing to offer.
sr. member
Activity: 1372
Merit: 322
Likely to be happen so but not every ICO token because some of them are doing some development and they will be able to survive because they are focusing on utility token.
member
Activity: 784
Merit: 21
Unaccepted, the reason I don't like ICO is because almost 99% of them are based on erc20 tokens and they have to rely on the price of the blockchain owner which is Ethereum ,why can't ICOs rely on there own blockchain? But still we have good ones that still existed till date ,the problem presently is the market price ,if not you won't be saying all this .
jr. member
Activity: 434
Merit: 2
ICO has become useless over time,fake project is the order of Tue day for ICO now which make it too dangerously for any investment, i guess you are right.
legendary
Activity: 1946
Merit: 1137
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).
not at all. having shares in a company doesn't change the fact that it is failing. imagine a company (a real company not some dude calling his parents' basement, his company) that is on the road to bankruptcy because of bad business logic, if you buy the shares of that company, the company will still go under and the shares will be worth zero.

you see calling it "security" doesn't change the important fact that ICO tokens are useless! and that is why they will  drop to zero eventually.

Quote
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.
that is not how pump and dump works. the profit the ICO scammers make is party from pump and dump though. but the main thing about them is that free money they receive in a blinking of an eye without doing any actual work. about 95% of the ICOs are copy of the same code with a different name!
full member
Activity: 630
Merit: 110
ICOs are like startup companies. Only about 10% of those are successful and the rest fail over time so choose carefully.
copper member
Activity: 252
Merit: 6
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.

I completely agree with the ICO.. It's just a fucking Kickstart campaign. Useless things that you can even find in Amazon for less. But to stay on track, I like STOs better. And I've even invested in one myself. A Mining company called Elite Mining Inc . I get my dividends for what they mine, and the prices are really nice since they use eco electricity. Check my signature
full member
Activity: 588
Merit: 104
Not all ICOs  will drop to zero long term, if they have a working product which represent value.
Working product and active development team and community  insure the coin to grow.
sr. member
Activity: 658
Merit: 252
I think that to a greater degree you are right, many projects will die, but today there are high-quality coins that will live because their idea is really working and it is needed by many
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
That's why we need to analyze about how important tokens/coins for the project and assess the potential product offered by the team. When the tokens/coins is an important part of the project, it may have a good value at future. Moreover, if the project can improve its product well. In this case, I don't think the value of tokens/coins will go to zero. While for low quality projects that create tokens/coins only for fundrising, I agree those will be valued zero.          
B.
copper member
Activity: 238
Merit: 10
it is a scheme that is often carried out by irresponsible developers, they do not do scams but they are not difficult to avoid the value of their coins after they get money, but even though not all are the same, there are some developers who think about the future of investors who have contributed to success they are, although a little but that will always be there
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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

there are still authentic projects that are running icos.
so yeah, i dont believe that all projects having their icos will end up to nothing.
but hard to identify which ones will survive in this tough competition
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: 1311
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.
Jump to: