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Topic: Altcoins dead? - page 19. (Read 4463 times)

hero member
Activity: 2772
Merit: 634
February 05, 2023, 04:44:33 PM
Altcoins will never die, as developers launch new projects on a daily basis. Old coins will die (except ETH and a few others), while new ones will take the reigns as the "next big thing" in crypto. Bitcoin is the main trigger of the market, so if BTC prices go up, altcoins will do the same (or the opposite if BTC goes down). You have to consider that altcoins have a lot more risks than Bitcoin itself.

If you know how to play your cards right, then altcoins make the perfect "tool" to grow your investment in the short term. Otherwise, I'd suggest you invest only in Bitcoin to play it safe. The crypto market often comes with surprises, so who knows if you become the next crypto millionaire by holding prominent coins for quite some time? Just my opinion Smiley
Altcoins aren't a single coin so there is no way that all of them will die but many of them are now dead because they are weak and scam. Good altcoins can suffer from a bearish market but being dead isn't the best way to call or term them during these times. You can't call something dead if they are still active and can recover by the time the bull season came in, and also it was the new coins who has more chances of dying because new coins usually don't have anything new to offer as almost all the ideas are already given by the old coins. New coins are only good for the hypes so we can still invest on them for short-term gains.
legendary
Activity: 3108
Merit: 1351
www.Crypto.Games: Multiple coins, multiple games
February 05, 2023, 12:15:49 PM
All altcoins die every year until Bitcoin is resurrected. Smiley When Bitcoin is in a bear season, the market is also in a bear season. When the market is in a bear season, there is no altcoin that diverges positively from the market. This may be the simplest explanation for how the market works. Actually, there is no need to be pessimistic, but coins other than major altcoins are never safe.

Altcoins will never die, as developers launch new projects on a daily basis. Old coins will die (except ETH and a few others), while new ones will take the reigns as the "next big thing" in crypto. Bitcoin is the main trigger of the market, so if BTC prices go up, altcoins will do the same (or the opposite if BTC goes down). You have to consider that altcoins have a lot more risks than Bitcoin itself.

If you know how to play your cards right, then altcoins make the perfect "tool" to grow your investment in the short term. Otherwise, I'd suggest you invest only in Bitcoin to play it safe. The crypto market often comes with surprises, so who knows if you become the next crypto millionaire by holding prominent coins for quite some time? Just my opinion Smiley
legendary
Activity: 2184
Merit: 1131
February 03, 2023, 06:18:26 PM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
it's not strange anymore, for all existing altcoins, it's like that every year.
experienced a significant increase, and also experienced a very significant decrease.
don't be too surprised, that's how altcoins are, altcoins will not die, of course all the coin leaders also want to make their crypto go forward and the price is high again.

All altcoins die every year until Bitcoin is resurrected. :) When Bitcoin is in a bear season, the market is also in a bear season. When the market is in a bear season, there is no altcoin that diverges positively from the market. This may be the simplest explanation for how the market works. Actually, there is no need to be pessimistic, but coins other than major altcoins are never safe.
jr. member
Activity: 56
Merit: 20
January 31, 2023, 04:02:53 AM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
it's not strange anymore, for all existing altcoins, it's like that every year.
experienced a significant increase, and also experienced a very significant decrease.
don't be too surprised, that's how altcoins are, altcoins will not die, of course all the coin leaders also want to make their crypto go forward and the price is high again.
sr. member
Activity: 2002
Merit: 250
January 31, 2023, 03:36:16 AM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Eth and ADA are the most favorite altcoins, they only experience a decline, not going to die, I'm sure these two tokens will be at their peak during the bull run later
only new coins that don't have full strength will die and disappear from the market so you have to be precise in choosing coins to invest

What makes you sure that ADA won't die in the few years to come? I mean, I know what you're trying to say, it's just that there's still some risk regarding these altcoins because most of them are heavily dependent towards the situation of bitcoin. If bitcoin falls, so as the altcoins but if the bitcoin hikes upwards, these altcoins will remain as they need their own investors to boost them up. But I agree, ETH and ADA are one of the favorable altcoins that I have.
Yes, in crypto, we never know what will happen in the next few years and with regards to ADA, will the future survive or even die?
I think the team needs to do something to improve ADA,
both Ethereum and ADA are the top altcoins indeed so I guess it's become a favorite coin for many people.
newbie
Activity: 18
Merit: 0
January 31, 2023, 03:11:27 AM
Altcoin projects will disappear, the crypto market will not disappear. Even if the items you mentioned are gone, there will be new items to replace them. In the crypto world, every day new projects appear and old ones disappear. Many new and good projects need to be discovered slowly. So altcoins will die, but they will always live.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
January 31, 2023, 02:32:36 AM
We must remember that whenever the price of Bitcoin goes way down there is a case to be made that the same thing can be said with the alt coins.  Being in the middle of a 'Bear market' is no different.
I do not think our alt coins are 'dead' as this title states. But I do think it is is our better interest to hodl them or even trade them for Bitcoin for the time being at least.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
January 28, 2023, 03:51:19 PM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Eth and ADA are the most favorite altcoins, they only experience a decline, not going to die, I'm sure these two tokens will be at their peak during the bull run later
only new coins that don't have full strength will die and disappear from the market so you have to be precise in choosing coins to invest

What makes you sure that ADA won't die in the few years to come? I mean, I know what you're trying to say, it's just that there's still some risk regarding these altcoins because most of them are heavily dependent towards the situation of bitcoin. If bitcoin falls, so as the altcoins but if the bitcoin hikes upwards, these altcoins will remain as they need their own investors to boost them up. But I agree, ETH and ADA are one of the favorable altcoins that I have.
sr. member
Activity: 1162
Merit: 276
January 28, 2023, 02:35:11 PM
Altcoins are very solid projects to invest in the market but not all makes profits at the end, some dump heavily during the bear season and they're unable to bounced back or even the survived the long red candles on the chart. Altcoins are not dead despite their market cap or trading volume, always take out time to specialized or study the type of altcoin to invest money into without fear or doubt about crashing. We have witnessed so many crashes of altcoins in the past, it's absolutely no thing in the market, because it's general fact about the altcoins and the market.
sr. member
Activity: 1288
Merit: 257
Chainjoes.com
January 27, 2023, 11:20:24 AM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

Eth and ADA are the most favorite altcoins, they only experience a decline, not going to die, I'm sure these two tokens will be at their peak during the bull run later
only new coins that don't have full strength will die and disappear from the market so you have to be precise in choosing coins to invest
legendary
Activity: 2184
Merit: 1131
January 27, 2023, 09:33:52 AM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?

my view is that ETH, ADA, XRP, TRON will likely continue to survive in the market and will not die. it is due to the many developments of the crypto and the full support of their team and developers. it's different with Altcoins that die on the market, maybe Altcoins that suddenly die don't have full support from their company, in my opinion it's like that

Since Ethereum and ADA offer real solutions to important needs in the market, they can continue to exist for many years. However, it is not easy to say the same for TRX and XRP. We can see this by comparing the interest of developers on Ethereum and ADA with that on TRX and XRP. However, I largely agree with your comment. Good and real projects are really few.
hero member
Activity: 1736
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 09:16:26 AM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Bearish market only eliminates the weak coins and the hyped coins only. Those coins with strong fundamentals and those who have good products, surely survive and have no problem at all. ETH, TRX, and ADA are examples of strong altcoins, they won't be eliminated by the bearish market. If you think they will be removed from the market, you seem still don't understand their fundamentals. Check again deeply about those altcoins, they are not the same as the meme coins.  Grin



I will only agree with you on ETH, Tron or ADA, I am not sure about them, maybe they will not die this bear season, but there is no guarantee they will continue to exist in the next bear seasons. It wouldn't be surprising if one of them dies and is replaced by newer coins, the lifespan of the altcoins is very short.
Currently, we can be sure that ETH will rise again if bitcoin increases again, but ADA or Tron remains a question. If they are not likely to rise again, they are dead, and the people who invested in them are losers.
newbie
Activity: 462
Merit: 0
January 27, 2023, 09:05:21 AM
You can't just say alts are dead. Some have good real world use like BAT. Even some are used in Play2earn
hero member
Activity: 1498
Merit: 562
Leading Crypto Sports Betting & Casino Platform
January 27, 2023, 08:42:01 AM

I'm feeling the same thoughts as those people that have been saying that they're already too late in buying bitcoin because it's too expensive. But we go with the fact that it's quite a lot for those that don't have that much. And it's sort of a guilt feeling if ever you'll buy when you're looking at it while it increases.
In the end, this is just old-fashioned thinking, which is always used as an excuse not to buy.
In fact, by looking at the existing ATH and the current conditions, of course the price is too high just an excuse that doesn't make sense.
We buy bitcoin does not mean we have to buy 1 bitcoin or more than that. Indeed, that is quite good, but on the other hand, when we don't have that much money, we can just buy it with the money we have, without forcing it and buying it periodically, of course, that's a good thing.
Our stigma by just continuing to wait for bitcoins at a low price as we want is clearly impossible to achieve and when they go up we are the ones who feel sorry for not buying from the price when it decreased.
legendary
Activity: 2198
Merit: 1592
hmph..
January 27, 2023, 08:20:36 AM
Due to the free access to the source code and because of the ability of everyone to create their own cryptocurrency, a significant part of altcoins is useless or even fraudulent.

Exactly, currently token creation is very easy. I found several token generators on various networks. They only need to pay a certain number of coins to generate tokens. For example for BEP20

With standard tokens, i only need to pay 0.5 BNB. After that, I can do a sales for each wit 0.01 BNB, its mean I only need 50 tokens to get back my creation fees. After I can do a sale for 8000 tokens, i get a lot of money, and can run with that.  Grin
Thats why, we can see new tokens everyday and rugged, because for me, I just need to create a concept, and if looks good, maybe I can sell my tokens, even I'm not a programmer can create it.

From here, we can learn something, always careful when every new crypto enthusiast buying any new altcoins. Because new tokens is easy to dead or rugged.
full member
Activity: 2044
Merit: 180
Chainjoes.com
January 27, 2023, 07:43:58 AM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
The current market situation is almost the same as it was in 2017, however some new investors are afraid of losing a lot of money due to the current price drop.
Looking back a bit, when BTC was $63k USD, everyone panicked to buy, but when it was $20k USD only a few investors bought it and most importantly, altcoins always followed the BTC price.
Due to the free access to the source code and because of the ability of everyone to create their own cryptocurrency, a significant part of altcoins is useless or even fraudulent. Therefore, with every big price drop, a significant part of them leave this market forever. However, even that small part of useful altcoins that remain make a big contribution to the overall development of the cryptocurrency. Bitcoin is a general purpose coin. Various usefulness of cryptocurrencies is provided by altcoins. Therefore, useful, and therefore top altcoins, will live, despite temporary price drops and difficulties.
hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
January 26, 2023, 06:31:01 PM
Those altcoins stated by OP weren't dead coins. Yeah, he didn't mention or asked about if they're dead but they're not those altcoins that are near to their end.
Despite the controversy that some of it are with, those are still at the top and look at ETH compared to the time when this was asked. It's been pumping together with bitcoin.
You are right, there are lots of top altcoin lists so surely people know that he wants to discuss specific altcoins in the category of coins dying due to various scam issues and definitely not the top altcoins he is referring to.
Yeah, when someone highlights some names of the coins then for sure that it's the main reason of the topic.

Quote
It's that just feel bad because I've sold most that I've got and didn't maximized the profit but yeah, gonna take the profit is profit subject.
Even if you have taken profit in the current price increase phase but it is not too late to buy it again during the correction, there is still a chance to take high profit in the long term
I'm feeling the same thoughts as those people that have been saying that they're already too late in buying bitcoin because it's too expensive. But we go with the fact that it's quite a lot for those that don't have that much. And it's sort of a guilt feeling if ever you'll buy when you're looking at it while it increases.
legendary
Activity: 3094
Merit: 1127
January 26, 2023, 06:13:45 PM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Bearish market only eliminates the weak coins and the hyped coins only. Those coins with strong fundamentals and those who have good products, surely survive and have no problem at all. ETH, TRX, and ADA are examples of strong altcoins, they won't be eliminated by the bearish market. If you think they will be removed from the market, you seem still don't understand their fundamentals. Check again deeply about those altcoins, they are not the same as the meme coins.  Grin


But we know that not all good or potential coins does survive on a bear market on which there are still shit ones who do able to withstand certain market conditions and that into those coins which had been hyped or been shilled out.This is why most of investors specially noob ones does really tend to take some gamble into those so called low caps or low prices type of coins on which they do really believe that they could
make themselves really that rich on the time bull run would happen.Altcoins couldnt be dead but its true that to those who do have strong fundamentals and use cases
are the ones who would  survive into this market after how many years been running.
sr. member
Activity: 446
Merit: 250
January 26, 2023, 06:08:26 PM
Those altcoins stated by OP weren't dead coins. Yeah, he didn't mention or asked about if they're dead but they're not those altcoins that are near to their end.
Despite the controversy that some of it are with, those are still at the top and look at ETH compared to the time when this was asked. It's been pumping together with bitcoin.
You are right, there are lots of top altcoin lists so surely people know that he wants to discuss specific altcoins in the category of coins dying due to various scam issues and definitely not the top altcoins he is referring to.

Quote
It's that just feel bad because I've sold most that I've got and didn't maximized the profit but yeah, gonna take the profit is profit subject.
Even if you have taken profit in the current price increase phase but it is not too late to buy it again during the correction, there is still a chance to take high profit in the long term
sr. member
Activity: 1414
Merit: 435
duelbits.com
January 26, 2023, 05:59:38 PM
Watching the current market and the demise of ALL crypto ... is this the end for certain coins?

How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
Bearish market only eliminates the weak coins and the hyped coins only. Those coins with strong fundamentals and those who have good products, surely survive and have no problem at all. ETH, TRX, and ADA are examples of strong altcoins, they won't be eliminated by the bearish market. If you think they will be removed from the market, you seem still don't understand their fundamentals. Check again deeply about those altcoins, they are not the same as the meme coins.  Grin

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