Majority of altcoin = scam | Bitcointalksearch.org

Aiga7phoiy

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Quote from: sfa00076 on August 16, 2017, 08:10:43 PM

When btc dump, they dump
when btc pump, they even dump harder wtf

No, when bitcoin down altcoins down because most of users trust in bitcoin more than altcoins so that will buy more bitcoin.

when bitcoin rise altcoins will rise because some users will use altcoins because bitcoin is so high

but this is only analysis and real rule .

it is demand and supply who control price

wxa7115

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Quote from: mummybtc on November 16, 2017, 12:15:44 AM

The interesting thing is that most of these developers don't realise that they are scaming people,I just believe natural order will come into play here, from every 10 projects only 1 will survive

I think many developers are not real developers anyway, some are outright scammers that are only looking for a way to make money, some are people with an idea but that have never created anything and are asking for money not knowing if that is enough, too little or too much only a few are developers that have the experience and the knowledge to make a project a reality.

blacktux88

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how far is analytics scam Oo
opus is scam for me

ceferov

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Thats because the huge market of BTC. There is still no one coin that can race with BTC.

And it doesn't make other coins scam

Mang Li

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Quote from: sfa00076 on August 16, 2017, 08:10:43 PM

When btc dump, they dump
when btc pump, they even dump harder wtf

i think , not all altcoin will dump if btc pump,,
few altcoin will survive and even increase its value when btc price growing

wxa7115

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Quote from: Intristing on November 10, 2017, 01:19:37 PM

Quote from: adsdas on November 07, 2017, 12:53:44 AM

I think there are no rules here. We can compare Bitcoin and altcoins. Because there are thousands of altcoins. The increases and decreases between altcoins are asynchronous.

That is true. It is better to only buy big coins.

Big coins are fine but the reason most people buy into cheap altcoins or icos is because they are expecting amazing returns, big coins are not going to make you rich unless you invest a big amount of money in them and since not many people have that kind of money they prefer to take their chances with those coins despite the known risks associated with them.

amacar2

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Quote from: prabakharras on November 16, 2017, 05:31:17 AM

If the alts are distributed fairly and requires some mining, it is less likely a scam as compared to pre-mined and token issuance

Yes you are right with some point but if alts that are still mineable were already heavily pre-mined than it will be hard for others to sell at higher price. Most of the pre-mined coins are held by team members and if any one of the member will dump his/her holding price can get dumped really hard.

Nascor

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sure most of the altcoins are a scam, that's because people are seeing how much money is being raised and everyone wants a piece of it, whether its legit what they are doing is another quesitons. We've basically opened a pandora box by issuing relatively easy coins for fiat curreny, which is something that has not been possible until now, and that's a good thing. What is missing from the market is some sort of regulation, not regulation that will limit the potential of blockchain, but regulation that will ensure the smooth transition to mainstream adoption. At the moment it's the wild west, everyone just does whatever the heck he wants without consiquences and people are wondering after why they are getting scammed, or why the project is not delivering on their promises.

prabakharras

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If the alts are distributed fairly and requires some mining, it is less likely a scam as compared to pre-mined and token issuance

Reatim

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Quote from: PeshaCake on November 16, 2017, 02:46:55 AM

I wouldn't say most are scams, just worthless because they copy another coin without bringing a new value to the table.

Yeah, I agree most of the latest ICO offer nothing and just a copy of other coins. I just can't understand why people are still buying and investing on a coins that seems to be a scam from the beginning. But in fairness, there are other coins as well that has a true meaning, but people seems adamant on them also. Just so sad and they will just conclude there ICO without much investment.

Shamie1002

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Well, ALTs are not necessarily scam but their are chances that it can be one. It's up to the alt dev and if his intentions are for self benefit only. The purpose of alts are for more convenient use of the crypto world. Other than that it may result to scam.
Most definitely, relevant this days. Bitcoin price have recovered and proven once again it's superiority. With prices this high many will be tempted to take advantage of others just to earn.

the rise

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In ecosystems, eventually the majority of coins will be below the standard value and include scam coins, this is very reasonable considering many coins can not meet the expectations of ICO sales because they are defeated by a similar project or are experiencing investment shocks due to a strong capital focus to buy bitcoin which is experiencing an upward trend. In the end only a few projects are strong and have visions plus official rules that will last.

MidKnight

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It's really true. Shillers are everywhere so they can exit quickly with a lot of profits from these scamcoins. They don't offer anything and only speculations that it will go up because someone said it will.

PeshaCake

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I wouldn't say most are scams, just worthless because they copy another coin without bringing a new value to the table.

pinoyden

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Quote from: sfa00076 on August 16, 2017, 08:10:43 PM

When btc dump, they dump
when btc pump, they even dump harder wtf

i think no, they doesnt really related to each other maybe its just a co incedent that when bitcoins pump altcoins is dumping but altcoins are not dump when bitcoins is dump rather they are increasing and how can say that majority of altcoins are scam? how can they scam you? all altcoins have value and it is normal for them to decrease or increase because that is their nature.

mummybtc

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The interesting thing is that most of these developers don't realise that they are scaming people,I just believe natural order will come into play here, from every 10 projects only 1 will survive

China8888

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Quote from: wxa7115 on November 06, 2017, 05:48:45 PM

Quote from: sfa00076 on August 16, 2017, 08:10:43 PM

When btc dump, they dump
when btc pump, they even dump harder wtf

An important amount of the icos are scams, some other altcoins are not scams but do not have a future and are going to disappear after a few years, then there are the few projects that are worth a thing, try to find them and make money with them since those projects are the ones that can make you rich in just a few years, and are the type of projects that everyone is looking for.

Im down with this philosophy, ICO = no way bb. Crap coins = pump and dump? Other alt = nice mixed portfolio, be prepared for most to fail and die horrible deaths.

Teraboy

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Quote from: Titanos on November 06, 2017, 06:09:17 PM

Quote from: sfa00076 on August 16, 2017, 08:10:43 PM

When btc dump, they dump
when btc pump, they even dump harder wtf

This easy to notice. Many new altcoins appearing daily. It's impossible that they all succeed.

That's why every ico must come with its new idea to solve or give another improvement to the crypto. Just like ethereum that gives the new platform and the idea about the smart contract.
Zcash with its zsnarks and zstarks in the future. A lot of icos were competing to attract the investor's attention.
Not all of them will be success.

freebutcaged

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Quote from: Lontonbit on November 15, 2017, 03:56:14 PM

Bitcoin is killing Alts for 4 months now, its unlikely to stop now

Mate that is not a good joke, Bitcoin is killing alts :/ that is not so. alts are getting more exposure and more volume for their market share, smart people

Like some of the developers of some scam projects have their future income guaranteed for years, they would first collect millions in Ico and hold their

Coins and are mining all of the coins, Lisk is pumping right now, to prove that I'm right, buy 3000 Lisk and try forging, if you could forge and earn money

Then you know that pump is real and demand is the main cause for it. alts are getting pumped because people are getting rich by selling their Btc, when

Rich enough, they are pumping their coins listed on exchanges with admins like Yoshit, they have now launched their own Yoshitb2 scam coin.

Lontonbit

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Bitcoin is killing Alts for 4 months now, its unlikely to stop now

Topic: Majority of altcoin = scam (Read 2355 times)