Topic: Many ALTs are worthless (Read 242 times)
why altcoin is not worth a lot? I think some projects let their token prices go down and there is no effort to keep their prices stable
throw them in the garbage! otherwise hodl and wait for recovering.
Many ALTS have NO value: Maybe the market will correct to this fact of life.
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
with lots of altcoins in circulation, they race to be the best, altcoins who have good project prices will rise, while altcoins who do not have the project will be abandoned
Many ALTS have NO value: Maybe the market will correct to this fact of life.
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
I fully agree with you, this market is quite young, is quite new, will have many projects and ideas born means many coins are born, there is too much coin to bring value to the community for the blockchain network, they will soon be boycotted or the developer team will not price and die. As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
Altcoin worthless has a lot in the crypto market. Because these altcoins are created by The development team is not good. The creation of the coin is very simple. But to grow and help the coin rise, it is a very difficult task
Most alts are worthless because of the lack of popularity of cryptocurrency in general. Imagine if the total people who are aware of cryptocurrency is just 50M. Since there are many tokens with the same features, people will tend to choose only one and as a result, the support is not concentrated in one project thus it fails because of the lack of support.
You are absolutely right, some altcoins have no value. Developers sell their tokens just after their projects hit the exchanges, who suffer is only the new investors who had less rerearch about the project. There are lot of Alts which are created for nothing, but only some got to success. As the market stabilize alts will also gain its value. So we should wait for sometime than to be greedy.
What is the group discussion for ??
Nearly all of them are technically worthless as they have no customers etc. It's the speculation driving the price though so clearly they aren't worthless.
just wait and see for this alt and the time will answer and if they are really worth then they will survive and will get a good position. I think this will happen over and over and new projects will create another one which similar to the other projects. and only the real projects that can gives benefits to many people that will exist in the long-term. as long as we can take a profit from the alt then it is good for us 
There is no doubt that many altcoins are worthless that is why we should be wise in picking the coins we are going to invest in so that we will not regret in the end. Pick the right one.
Yep, many altcoins are getting no value because of this down market, if this continue down the market then many altcoins will no value and many people will lose their money.
This days a lot of altcoins are just completely based on hype. Most don't have actual use case. I believe with time only those with something valuable will stand the test of time.
It's nice to see more people realise this! It's like the IT bubble in the sense that there's tons of useless things that are waaay overvalued!
Will there be another december bullrun, or will the next bullrun involve only the actual useful coins?
Make your picks, just be sure you got some of the good ones
Will there be another december bullrun, or will the next bullrun involve only the actual useful coins?
Make your picks, just be sure you got some of the good ones
Yes that's true. Many are just replica of other existing projects with some slightly indifferent features, nothing else.
unfortunately i don't think this is going to change.
ethereum is the best example of it too. it is built on 100% hype and no usage and gained a lot of price while having no real value.
and it is too easy to create shitcoins these days. they may not be able to because as big as ethereum but they certainly are capable of generating a lot of money for their creators and the traders who know how to make profit from pump and dumps. and being easy means there will always be a lot of them around.
I dont want to but I have to agree with u. Is there any chance for cryto to rise back again? ethereum is the best example of it too. it is built on 100% hype and no usage and gained a lot of price while having no real value.
and it is too easy to create shitcoins these days. they may not be able to because as big as ethereum but they certainly are capable of generating a lot of money for their creators and the traders who know how to make profit from pump and dumps. and being easy means there will always be a lot of them around.
I would even go further and say that most alts are worthless, but like always there are exceptions of course, and some of altcoins are gems. Good thing in this bearish market is that we are getting close to the best entry point for those good projects. Be ready to buy!
unfortunately i don't think this is going to change.
ethereum is the best example of it too. it is built on 100% hype and no usage and gained a lot of price while having no real value.
and it is too easy to create shitcoins these days. they may not be able to because as big as ethereum but they certainly are capable of generating a lot of money for their creators and the traders who know how to make profit from pump and dumps. and being easy means there will always be a lot of them around.
ethereum is the best example of it too. it is built on 100% hype and no usage and gained a lot of price while having no real value.
and it is too easy to create shitcoins these days. they may not be able to because as big as ethereum but they certainly are capable of generating a lot of money for their creators and the traders who know how to make profit from pump and dumps. and being easy means there will always be a lot of them around.
Many ALTS have NO value: Maybe the market will correct to this fact of life.
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
You hit right, some are just a duplicate of other past projects, so if you are newbie here you will notice this, but if you are an old investor or bounty hunter you will notice that some are just creating a project that is not attainable at all, too good to be true so it's important to know who are the team behind those token/coin.
As with every good invention, the-never-do-wells, would always want to zero in to do what they do best and there is not way to totally stop or prevent them, but any serious minded person should be able to carry out extensive research on a project they plan committing their money and not to swallow all the bogus claims hooks and sinkers. It goes without saying that the motive behind a good number of projects is to scam and often the huge figures claimed in pre-sales are carrots, sticks and donkeys.
No it's not worthless mate 'cause indeed it will gain a value soon when the market start to stabilize again,, if i were you put more patience on it instead of worrying 'cause there's no progress on your coin as long market is not fine. So must wait don't so greedy.
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