Many Crypto Projects Will Die | Bitcointalksearch.org

TheNineClub

full member

Activity: 616

Merit: 161

Quote from: mpyllan on July 11, 2022, 01:49:42 PM

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

I mean yeah, maybe that's for the best, a ton of it was just bullshit anyway. Unfortunatelly a bunch of good undeveloped projects will die out as well, but with the huge number of projects that poped up in crypto (unnecessary), we are unable to see the forest from the trees.

Piesel

sr. member

Activity: 672

Merit: 273

Quote from: ultiex on July 12, 2022, 04:04:08 AM

every cycle of btc brings downfall for small or bad projects. but negative actions like phishing have made the blockchain's user file smarter. I believe the market will recover and be more civilized shortly.

You get a point there because each time the Bitcoin market makes any move the impart on altcoin will be huge and this has led to the death of many weak coins/tokens in the past, Bitcoin has been the big player in the market and Bitcoin is also the determining factors of the entire cryptocurrency market, so any time Bitcoin dropped significantly altcoin also follow the same pattern but with higher devastating results on the market cap of most altcoins.

BITCOIN4X

legendary

Activity: 1974

Merit: 1150

Quote from: mpyllan on July 11, 2022, 01:49:42 PM

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

Inflation has put fiat on the brink of collapse as it loses value. People complain that the government has little solution to improve the situation. Bitcoin is rated better by far than fiat but of course you should care enough about how you use it, store it, and treat it.

I wouldn't say fiat is going to die even though in history there have been a number of currency failures. The same can happen to thousands of non-potential altcoin and you should be aware that not all cryptocurrencies can help you from inflation. Considering that bitcoin is a good choice than others, it means that you should be willing to ignore more altcoin from your portfolio.

Fatunad

sr. member

Activity: 2296

Merit: 360

Quote from: hyudien on July 12, 2022, 02:49:11 PM

Quote from: mpyllan on July 11, 2022, 01:49:42 PM

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

Have you ever seen Bitcoin can't survive all seasons? for me, it is not necessary to require an expert or specialist in deciding a statement. Even beginners will know that only Bitcoin is truly compatible in all seasons. No matter how deep the bear market is, Bitcoin remains the only one that survives. If you look at the winter impact on altcoins, almost all of them cannot recover 100%.

Only noobs and fudders are the only ones who do say that bitcoin would be dead or this entire market is over without even thinking that this market had passed through lots of storms and unfortunate events
but still end up on recovering because not all the times we would be staying up on a bear market forever.There's always a recovery but people do really easily get freaked out on the time they've been seeing
that everything is dropping or plummeting. It is really just common sense that there would be lots of projects would die and wont able to survive this specially on a bear market but of course
lots would be surviving too thats why its not an assurance even if you do put on several projects in the market to survive.

hyudien

hero member

Activity: 2198

Merit: 607

Leading Crypto Sports Betting & Casino Platform

Quote from: mpyllan on July 11, 2022, 01:49:42 PM

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

Have you ever seen Bitcoin can't survive all seasons? for me, it is not necessary to require an expert or specialist in deciding a statement. Even beginners will know that only Bitcoin is truly compatible in all seasons. No matter how deep the bear market is, Bitcoin remains the only one that survives. If you look at the winter impact on altcoins, almost all of them cannot recover 100%.

CryptSafe

sr. member

Activity: 728

Merit: 421

No doubt your speculations definitely might just be right. You know many Crypto projects are just shut projects they are valueless and worthless without any vision. Most of them are scam as well and are pump and dump with faceless team members and owner. Some are in the movement of meme coin with no tangible direction and founders strategically positioned to unsurp investors ha d earned money and run away with it. It is a pity that most victims of these acts as mostly new need with no knowledge and guidance in the industry.

Issa56

hero member

Activity: 1484

Merit: 928

We all know lot’s of alt coins which are not strong will definitely die in this current bear market which is really better, only the strong projects will survive the market and I think that’s really the best, atleast we can recognize the weak and scam alt coins in the market. I prefer investing in bitcoin because no matter the condition bitcoin will always survive it, just have the mind to hold and definitely it will recover gradually, but we are having lots of alt coins currently which most of them are scam I believe this bear market will clear the market for us.

Tony116

legendary

Activity: 2366

Merit: 1023

DGbet.fun - Crypto Sportsbook

It's not something that needs to be predicted, it's something that happens all the time in the crypto industry. In a bull market, projects are being created and almost all of them are performing well, but when a bear market occurs, it is time to purge projects that have revealed their weaknesses, and projects that are meaningless. For altcoins, this always occurs when a bear market comes, so we should choose altcoins carefully and sell them if there is a profit.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

Quote from: hatshepsut93 on July 11, 2022, 06:24:43 PM

Most crypto and blockchain projects die regardless if its bull market or bear market because they are either scams or just failures. These projects aren't creating anything useful for society, they are just a method for extracting capital from clueless ivnestors, so it's natural that they fail. The problem is that investors tend to think that they are putting their money into one of the "good projects", because they easily buy into the hype, public endorsement, etc.

They are useless, no potential or whatever negative term it is but during a bull run, many of these projects can survive and still rise only because of the hype but I think hypes does not work very well during a bear season and that is the reason why many of those projects are dying.

Some of the investors know that those projects are not contributing to the society but they can disregard that fact. They will still proceed buying those only for the sake of earning a quick buck. That's how greedy they are. Apart cryptos the op says that fiat can also collapsed. That's true and in fact there was a news last day about Sri Lanka looking forward to make dollar and gold coins as their main currency.

sysoe

jr. member

Activity: 78

Merit: 1

Fiat is already being replaced with digital forms of payment. Crypto will become most popular payment medium in few years.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: mpyllan on July 11, 2022, 01:49:42 PM

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

lol Bitcoin will totally one of the currency that will last very long and many shit projects are there to only scam or take profit and gone .

so there is nothing to debate nor tackle here as it has been given for years now and we have seen that happening for years on.

ultiex

jr. member

Activity: 71

Merit: 1

every cycle of btc brings downfall for small or bad projects. but negative actions like phishing have made the blockchain's user file smarter. I believe the market will recover and be more civilized in the near future.

jakelyson

legendary

Activity: 2240

Merit: 1069

Just like in the real world, companies that have good foundations will survived and those that do not, will die. It is survival of the fittest.

So be wary of what crypto you are hoarding. Make sure they have good use cases and that the founders/developers have a good grasp of how to manage crypto. Even if the crypto have good use case but if they do not continue to innovate and develop their crypto, it will die in the long run. There are tons of new coins developed everyday, but very few survive like Bitcoin have done.

And there are coins made just to scam people, specially during the hype season. That give crypto a bad light, but we cannot do anything to stop it. We can only try to avoid them. With proper research and experience, you can spot scam coins almost immediately.

Henrobakkara

full member

Activity: 1512

Merit: 115

Quote from: mpyllan on July 11, 2022, 01:49:42 PM

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

What else is new? I remember most of the coins/tokens I use to trade back before the 2017 bear market when Bittrex was the exchange have all disappeared from the system while the ones that are still there are basically unworthy of investment and most of them are also some new projects that came out then, this is why investment by some investors still look to only these old legends that have withstood it all before and will still do.

gunhell16

hero member

Activity: 1904

Merit: 541

Quote from: mpyllan on July 11, 2022, 01:49:42 PM

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

In this era of the present that we are facing almost almost every country in the world is experiencing inflation which is falling of their Fiat value which means that even the developed countries have not been able to curb the rise of inflation and that he in turn collapsed the fiat currency or stable coins of each country during this period.

Although I also believe that at this time there are really many cryptocurrencies that can collapse and only those that have good development in the market can survive and have large volumes contributed to the field of this industry.

kamvreto

legendary

Activity: 1974

Merit: 1157

MAaaN...!! CUT THAT STUPID SHIT

some crypto projects that die is a sign that they can not survive because of the development that is not serious and there is no full support for the project. this is natural selection, thousands of crypto projects did not survive during this crisis. Projects that survive are only those who have clear goals and good project management.
The more projects that die, the more new projects will appear. It's easy to create a crypto project, but to make a project useful with innovations that help the crypto ecosystem, it's very difficult.

bakasabo

legendary

Activity: 2520

Merit: 1218

I am not worried at all when I see that many projects are not going to recover from current market price drop. This does not mean that cryptocurrency industry is dying. Imho, this means that cryptocurrency industry is cleaning itself from useless or weak projects. It is not hard to create a crypto contract and start a project. Some services offer creating a new project in only 10 minutes. This looks identical to offering to create a webpage with the usage of templates on free hosting. We have billions of low quality, dead or broken web pages, but that does not mean that there is something bad with internet browsing or the internet. I think similar is with crypto projects.

m2017

legendary

Activity: 1792

Merit: 1296

Playbet.io - Crypto Casino and Sportsbook

Quote from: PrivacyG on July 11, 2022, 02:50:08 PM

And I honestly can not wait for all the useless Tokens to finally vanish off our markets. There are SO many Cryptocurrencies in the wild there is no way all of them are sustainable. Probably not even a thousand or a hundred. Most of them are useless duplicates or testing grounds for coding. Can you imagine having 100 mainstream adopted Cryptocurrencies? Neither can I.

We need a very deep cleaning of the markets if we want Cryptocurrencies to be less volatile and more trusted generally by the public. It is hard to convince someone to get into Bitcoin when they see 'Bitcoin is dying' articles everywhere around and Shitcoins such as Terra getting buried together with all of its investors. So please, someone, make this a reality and get all the useless Coins out!

-
Regards,
PrivacyG

After the disappearance of all useless tokens from the cryptomarket, with the beginning of a bullish trend, new useless coin will appear. Moreover, many times more. The flow seems to be endless.

The cleansing of the cryptomarket is necessary. In part, this is already happening, but as I said, several new ones are coming to the place of 1 dead project. Useless coins are doomed to oblivion anyway. It's just a matter of time.

Note3

member

Activity: 117

Merit: 10

OrangeFren.com

This has been a trend for a long time when crypto emerged, many projects sprang up and eventually died even before the project was quite successful in surviving in the crypto world but eventually died, and maybe what will become a successful project that will eventually die is the luna project

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

This happens in every crisis, weak projects die and strong ones survive. We can see it for example in what happened when the .com bubble exploded: there were companies that disappeared, and others that survived until today.

In the same way bitcoin will survive and some altcoins too but there are many worthless projects that during a bull market can survive but in times like these end up wiped out sooner or later.

Topic: Many Crypto Projects Will Die (Read 468 times)