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Topic: Biggest worries about altcoins and ICO? - page 2. (Read 316 times)

full member
Activity: 238
Merit: 100
December 08, 2017, 06:32:17 AM
#12
The biggest concern when investing in an altcoin is that it might not be successful and therefore dying. As most altcoins are fairly new and dont have a big community, this can happen pretty fast. Its always risky to invest in alts and even more in ICO's. I always look at the trading volume before I invest in an altcoin, if this is not fairly high I will stay away. The problem with ICO's is that even the ones that seem legit throughout the ICO can turnout to be a scam or only a money grab where none of the promises will/ can be delivered, this can happen due to lack of skills and not out of laziness or the like, but its the same outcome. I've become really careful when choosing ICO's, after loosing money and making some really bad experiences, Im rather suspicious than being deceived.
member
Activity: 231
Merit: 10
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December 08, 2017, 06:31:55 AM
#11
BTC is moving fast well it means that alts will bleed and eventually wont have any value in the future.
member
Activity: 168
Merit: 10
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December 08, 2017, 06:28:41 AM
#10
There are some very promising alt coins out there, such as OMG. Some indeed will prove to be worthless as although the ICO may be a good idea, adoption in the real world will not happen as planned and the value could sink to zero.

Other alt coins which tap in to traditional markets which are already very profitable in the real world will have a very good chance to succeed and grow very large on the Ethereum block chain, once network issues are solved and there is more adoption of the technology. Alt coins /tokens offering profit shares/rewards, these are more interesting.

It's good to have potential alts, but make syre to have those included on top 10 alts, thus it will give a big opportunity for us in the future since they can last for long, but still keep on searching new alts

Honestly and in fact there are only a hundred potential Cyrptocurrencies that are going to have the potential to be the official altcoins in the world out of a thousand and a half existing ICOs and currencies. Most of them couldn't make it into success due to lack of skilled developers and management staff that support and sustain the competition.
member
Activity: 168
Merit: 10
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December 08, 2017, 06:26:04 AM
#9
I think there will be no worries about Altcoins and ICOs because it will be supposedly regulated due to most of them aren't making into success. Some of them are just scams that trying to take people investments of millions of dollars so it would be the good news for us if ICOs are regulated.
Imagine that we have already 1,500 Cyrpto currencies today and still many to come next year.
hero member
Activity: 2926
Merit: 795
December 08, 2017, 06:23:27 AM
#8
There are some very promising alt coins out there, such as OMG. Some indeed will prove to be worthless as although the ICO may be a good idea, adoption in the real world will not happen as planned and the value could sink to zero.

Other alt coins which tap in to traditional markets which are already very profitable in the real world will have a very good chance to succeed and grow very large on the Ethereum block chain, once network issues are solved and there is more adoption of the technology. Alt coins /tokens offering profit shares/rewards, these are more interesting.

It's good to have potential alts, but make syre to have those included on top 10 alts, thus it will give a big opportunity for us in the future since they can last for long, but still keep on searching new alts
member
Activity: 150
Merit: 11
Here for a good time, not a long time.
December 08, 2017, 06:18:17 AM
#7
There are some very promising alt coins out there, such as OMG. Some indeed will prove to be worthless as although the ICO may be a good idea, adoption in the real world will not happen as planned and the value could sink to zero.

Other alt coins which tap in to traditional markets which are already very profitable in the real world will have a very good chance to succeed and grow very large on the Ethereum block chain, once network issues are solved and there is more adoption of the technology. Alt coins /tokens offering profit shares/rewards, these are more interesting.
full member
Activity: 322
Merit: 100
December 08, 2017, 06:14:49 AM
#6
Failure of falling cryptocurrency altcoin .. much caused by the lack of adoption of the coin. Let's say, when cryptocurrency was first launched, and developers started releasing source code, but not accompanied by the growing adoption of miners. Likewise also the users are minimal, so many of them who ultimately failed halfway.
full member
Activity: 160
Merit: 100
December 08, 2017, 05:17:18 AM
#5
That they will be destroyed by the price of Bitcoin or regulations.
member
Activity: 462
Merit: 12
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December 08, 2017, 01:39:27 AM
#4
My only worry is if I invested on a wrong ICO. Lots of new ICO keep coming each day, it's kinda hard to choose where to invest. And most of them will turn into a rubbish coin anyway.
member
Activity: 246
Merit: 10
December 08, 2017, 01:33:56 AM
#3
With the price of BTC being increased dramatically i am worried about alts that they dont have any value in the future like the others's prediction 95% of alts wont have any value or will be dead.
I am worried too. Most of altcoin now a days have a low value. But let see what will happen in the future.
member
Activity: 210
Merit: 10
December 08, 2017, 01:27:15 AM
#2
With the price of BTC being increased dramatically i am worried about alts that they dont have any value in the future like the others's prediction 95% of alts wont have any value or will be dead.
newbie
Activity: 42
Merit: 0
December 08, 2017, 01:22:45 AM
#1
Altcoins are fairly recent and new, what are your biggest worries about them?
Mine is that they may not be as successful as Bitcoin, and end up tanking after my investment.
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