Topic: How many altcoins are actually worth something? - page 3. (Read 690 times)
You are right, there are only several currencies, that have already released their working product and that are really backed by something and not just a whitepaper. Thats why I think there are like 100 coins that are worth investing.
95% altcoin trash. They can be used as a short-term speculation. I would not advise to keep altcoins for a long time. Every month, the exchange will delist the altcoins and your investment may turn into zero.
https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/
https://www.ccn.com/kucoin-cryptocurrency-exchange-removes-10-tokens/
https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/
https://www.ccn.com/kucoin-cryptocurrency-exchange-removes-10-tokens/
it is hard to say because you would have to go through all of the altcoins and hand pick only those that are truly good and not just shitcoins in disguise and as someone who has done it with a lot of coins and gotten disappointed in 99.999% of the times i have to say that the best guess would be around 10 or less altcoins that are actually worth something. the rest are all in bubbles.
I think only about 10% is an altcoin that has real value from thousands of coins in circulation, and there are even many of them just a scammer who took advantage of this moment.
I think that the current state of the cryptocurrency market should make some adjustments to the existing amount of altcoin. these projects have already lost their attractiveness, but soon the prices for them will fall even lower. 
I think only about 10% is an altcoin that has real value from thousands of coins in circulation, and there are even many of them just a scammer who took advantage of this moment.
Would you say its more than even say 50 max? There are over 2k cryptos. Most are worth nothing. But how many are actually worth something?
I think the top 100 coins in CMC are valuable coins. the coin that the platform operates is a valuable coin, the rest is only shit. and never expect a coin that does not have a trading volume to have value, because it is in vain.
You can check out top coins in the coinmarketcap. If they have a working product with the active project is really good. Please make sure to check out their social media profiles and future updates. Because those details are giving huge potential to reach the market cap. Another important thing is the well-experienced and active team. Please don't forget to do your own reach with the coins.
We can't describe in numbers but I can say there are very less no of altcoins actually worth off even I would say a coin takes time time to establish in the market. We can not judge the coin like this. Every coin has roadmap even we all knows bitcoin also took time to rise and establish in the market. So some coins takes time to establish in the market according to their roadmap.
Well if you're talking about altcoins most of them are worth something based on their used for example a token that can be used as a credit to their application or to their project (Utility coin) and some coins to create masternode, etc. every altcoins has its used but if you're referring to ICOs... If there are 1000 ICOs in this industry only 10 and below are worth something according to my own experience as an investor.
Most of them will just going to dump and some of them will become a shitcoins.
Most of them will just going to dump and some of them will become a shitcoins.
based on the history of your topics i am guessing you are looking to make profit from trading altcoins in which case every single coin out of 2000+ altcoins are worth something but only for a certain amount of time.
the trick is finding that perfect timing for entry and also exiting that coin instead of looking for "worth" of a coin to invest in it. because history has proven that altcoins with a great design and a high value never give you a good profit because the shitcoins always get pumped more and take the high ranks in coinmarketcap.com.
Exactly. Almost all crypto assets do not have a fundamental basis. These are digital assets. The same bitcoin is provided by the desire of miners to sell more expensive than the cost of mining. Currently, all these are speculative tools. In general, a trader can earn; a investor still is not clear. the trick is finding that perfect timing for entry and also exiting that coin instead of looking for "worth" of a coin to invest in it. because history has proven that altcoins with a great design and a high value never give you a good profit because the shitcoins always get pumped more and take the high ranks in coinmarketcap.com.
Would you say its more than even say 50 max? There are over 2k cryptos. Most are worth nothing. But how many are actually worth something?
There are no definite numbers that can mention the quality of the price of an altcoin. But my calculations in private may only have 1 percent Altcoin that has the quality to last for a long time. Most only a shitcoin is lost quickly and ultimately has no value. We cannot avoid this because indeed if an altcoin wants to survive the coin must have a full support from the developers. Without strong support from the team, the altcoin will disappear so quickly.
We have more than 2k altcoins right now and obviously, more than 50 of 2000++ are worth for something.
like QSP for example, it is worth because of its usability securing the smart contract.
Stellar, for its blockchain system. This blockchain is the fastest blockchain that we ever have until now if people are using cryptocurrency as their form of payment. Stellar is the way to do that because it can do 1000 transaction per second while other cryptocurrencies only can do at most 20 transactions per second.
like QSP for example, it is worth because of its usability securing the smart contract.
Stellar, for its blockchain system. This blockchain is the fastest blockchain that we ever have until now if people are using cryptocurrency as their form of payment. Stellar is the way to do that because it can do 1000 transaction per second while other cryptocurrencies only can do at most 20 transactions per second.
They may not seem to work for the moment, it's very natural. But many of these projects are actually close to achieving something. From the outside, it may seem like a lot, but remember, most of these projects work in different areas, almost none of them meet the other. This is the case in real life. There are hundreds of thousands of brands in the shoe industry, and many of them work just fine.
Would you say its more than even say 50 max? There are over 2k cryptos. Most are worth nothing. But how many are actually worth something?
Some of them are having a working product but they are still can't get a lot of attention from speculators. I guess it's no more than 200 crypto. Some coins in this list can be categorized as zombie coin too. But a lot of them are still trying to find the solution to not pegged with payment gateway companies just like VISA.
based on the history of your topics i am guessing you are looking to make profit from trading altcoins in which case every single coin out of 2000+ altcoins are worth something but only for a certain amount of time.
the trick is finding that perfect timing for entry and also exiting that coin instead of looking for "worth" of a coin to invest in it. because history has proven that altcoins with a great design and a high value never give you a good profit because the shitcoins always get pumped more and take the high ranks in coinmarketcap.com.
the trick is finding that perfect timing for entry and also exiting that coin instead of looking for "worth" of a coin to invest in it. because history has proven that altcoins with a great design and a high value never give you a good profit because the shitcoins always get pumped more and take the high ranks in coinmarketcap.com.
Would you say its more than even say 50 max? There are over 2k cryptos. Most are worth nothing. But how many are actually worth something?
There's a lot of cryptocurrency and almost everyday new cryptocurrencies are being created but only few have worth, I don't know every cryptocurrency so I will not give any numbers on how many coins really worth something but for me only coins that has its own unique uses and can solve any real world problems has a worth. We have thousands but majority are just a copy from existing cryptocurrencies, huge example of these are those Bitcoin fork coins, while some are just useless that are only created to scam investors.
the number of altcoins at the moment and those that have something in value, I don't think there are more than 20 altcoins, even though many altcoins currently touch 2k, they are all the same projects but the names and owners are different.
very little, so many coins that have been registered with marketcp now only become a worthless coin (shitcoin) even the coinmarrketcap has deleted some of the altcoins from the list
Would you say its more than even say 50 max? There are over 2k cryptos. Most are worth nothing. But how many are actually worth something?
Majority of existing coins are just duplicate of existing coins and some of this just pump and dump coin I think only 200 coins or roughly 10% have actual value and usage, but many new coins are coming in because some coins that used to have value suddenly people are dumping for another one with same features.
if by "worth something" you are not talking about price and profit then the number of coins that are actually "worth something" is about a handful, 10 coins tops based on what i have seen. majority of altcoins are mere copycats where the creator has simply forked another coin sometimes with no change and sometimes with trivial changes. and the remaining little that have unique ideas are very limited in numbers and those that implement that unique idea in a good way are even less in numbers leaving us with a handful of them.
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