Many Crypto Projects Will Die - page 2.

fortuner

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Quote from: dansus021 on July 11, 2022, 08:58:55 PM

in fact, there is dozen coin every month that in and out from coinmarketcap so not gonna surprise if many crypto projects will die, usually memecoin or hypecoin gamefi or metaverse, that only join crypto because the hype no future no roadmap anon team was going not die but rugpull too

Even though there are many coins that come in and out of coinmarketcap, many of them also don't dare to choose them suddenly because they have to think about everything first.
Maybe old projects die, but many new projects that are born are still alive.

dansus021

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in fact, there is dozen coin every month that in and out from coinmarketcap so not gonna surprise if many crypto projects will die, usually memecoin or hypecoin gamefi or metaverse, that only join crypto because the hype no future no roadmap anon team was going not die but rugpull too

Darker45

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That is why many are saying that a bear market such as the one we're in right now is also a good thing. It effectively shakes off bad apples. And bad apples are not just those shallow altcoin projects but also those crypto companies that are generating revenue despite their bad products and bad management only because of the credulity and greed of a lot of crypto supporters which is high when the market is running smoothly.

Bad apples also refer to Bitcoin tourists, those who have Bitcoin without really appreciating the technology. They have Bitcoin without knowing Bitcoin. They're in for the dollar value not the value of Bitcoin. They can also be easily shaken off by a bear market. They can only thrive when the market's weather is fair.

hatshepsut93

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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.

arwin100

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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

This is not surprising guess actually since there are so many shit token listed on various exchange and most provably their dev will secure their pockets in bear market season because they want to earn and abandon their project. This normal cycle always happen that's why we need to be more careful upon choosing projects and sell always when we are in bullish side.

EdenHazard

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Quote from: sheenshane on July 11, 2022, 05:46:17 PM

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

Some fiat money will also die.

What do you mean by this?
Do you mean that the traditional money will die too? I think that's impossible, fiat money is already tied up by the government and it's impossible to vanish and use other currency.

No doubt that those altcoins that didn't have real use will eventually die in the future.
There's no utility, the price made on the pump and dump price not generically grown just because of demand and supply and I think no one can cryptocurrency will have that feature, only Bitcoin.

Even a hyperinflation that hit zimbabwe dollar doesn't make the currency die or erased , the currency stay there but with almost no value in it , so yeaah it's like an impossible thing for a fiat currency to disappear as we have not heard it yet at least for now despite there is indeed a possibility.

There is too much crypto starrtup speculating when the bitcoin price at the top , they are all crying now in the bearish market without calculating things, no wonder they are going to disappear from now on.

sheenshane

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

Some fiat money will also die.

What do you mean by this?
Do you mean that the traditional money will die too? I think that's impossible, fiat money is already tied up by the government and it's impossible to vanish and use other currency.

No doubt that those altcoins that didn't have real use will eventually die in the future.
There's no utility, the price made on the pump and dump price not generically grown just because of demand and supply and I think no one can cryptocurrency will have that feature, only Bitcoin.

carlfebz2

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Quote from: Slow death on July 11, 2022, 05:20:16 PM

I don't need to be an expert to know that meaningless altcoins will die, many and many of them are already dying but always every day other new altcoins will appear with some other innovation and also with some other meaningless project. Look at coinmarketica, there are new altcoins there every day and of course there are also many meaningless and dead altcoins there. This is a market where as much as there are many meaningless altcoins, they don't all die at the same time and as long as every day we have more new altcoins emerging and few altcoins dying, the market will be flooded with altcoin. about fiat the principle is the same as I said about altcoins

Just needing some common sense right?

Shit projects or to those who arent that relevant will surely die and wither away on this market.When the market is on bearish state then this would be survival of the fittest or to those project
who had been supported by investors or community.

Expect those things to happen because not all projects will definitely boomed and flourish and considering the numbers that we do have today then its really that hard
for each project to sustain and only to those who had actual relevance and utility will really survive and some garbage that had been hyped up even they
are actually shit.

boyptc

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They will for sure.

The market is going to let everybody choose their desired projects and only the best of them shall remain. Bitcoin will remain and many of these projects will eventually have a lesser demand.

Because investors are going to invest into better projects and also would like to have a secured investment like in bitcoin.

Slow death

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I don't need to be an expert to know that meaningless altcoins will die, many and many of them are already dying but always every day other new altcoins will appear with some other innovation and also with some other meaningless project. Look at coinmarketica, there are new altcoins there every day and of course there are also many meaningless and dead altcoins there. This is a market where as much as there are many meaningless altcoins, they don't all die at the same time and as long as every day we have more new altcoins emerging and few altcoins dying, the market will be flooded with altcoin. about fiat the principle is the same as I said about altcoins

Accardo

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Most cryptocurrency news related platforms on YouTube are filled with contents on fallen projects; exchanges, lending platforms, tokens, Digital asset platforms etc. But, it doesn't stop them from coming back again when the market corrects. Some projects cannot stand the cryptocurrency winter and thought it wise or smart to back off for now and return when they feel ready to face the bear or bull market. Though, exchanges that failed, will face court trial and may refund their users.

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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

the live span of cryptocurrency is different from the live span of fiat currency.so from my observation and my engagement into cryptocurrency it's very obvious that Bitcoin don't have to do with fiat existence, indecencies that the lives of cryptocurrency is like dependable to the life of bitcoin while Bitcoin can be dependable to the lives of Fiat currency.

TimeTeller

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Quote from: Queentoshi on July 11, 2022, 03:14:55 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.

The specialist may turn out wrong, there is no certainty with crypto as I have often heard, all the projects may somehow survive and only a very insignificant few which may not be worth counting may disappear. Regardless with close watch, we will get to find out.

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

Some fiat money will also die.

This is difficult to comprehend, can someone please explain how? how can existing fiat currency die? what does it mean for fiat to die?

Even experts or self-proclaimed ones can't give a clear picture of what may happen to this market.
We can't rely on their speculations as they are also humans that are relying on the market movements.
What we can do is just wait and be vigilant with news and updates surrounding the crypto market.
Fiat currency is hard to die because it is under the government's mandate.
Most fiat will have up and down movement, but very rare that a fiat currency will totally be worthless.

Fivestar4everMVP

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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.

Well, honestly, this is not a news cus it is something that have always happened with every bull run and bear market that follows it, this industry is currently filled with a lot garbage businesses/projects built not as to offer anything or contribution to the growth of Bitcoin and cryptocurrencies ecosystem, but built as a means to which the developers or owners of such project can grab money from as many victims (in the name of investors) they can catch, This is why we all need to be very careful as to what coin or project we throw our hard earned money into.

Quote

Some fiat money will also die.

By fiat money, I want to believe you mean stablecoins, if I am correct, then I say yes to that.
But if you mean the traditional paper money, I did say that it might happen, but I don't think it happen in this generation, it is true that we all want fiat to go and let Bitcoin and other crypto currencies take over, but this can not happen anytime soon, and beside, I honestly think both fiat and Bitcoin can still co-exist in our financial system.

Queentoshi

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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.

The specialist may turn out wrong, there is no certainty with crypto as I have often heard, all the projects may somehow survive and only a very insignificant few which may not be worth counting may disappear. Regardless with close watch, we will get to find out.

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

Some fiat money will also die.

This is difficult to comprehend, can someone please explain how? how can existing fiat currency die? what does it mean for fiat to die?

Upgrade00

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Simply starting threads with no plan to join a discussion, counts as spam.
Op has made a number of threads (although not consistent) with very little content besides a link to the exact same webpage.

It's a very poor way to try and build traffic or backlinks, and makes discussions in the forum stale. In addition to the fact that many of the started threads are topics not deserving of one.

darkangel11

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Specialists used to say that we're heading for 100k and that the bull market has just begun. Then they were saying that this time it's going to be different and we won't crash so much.
It's enough to listen to all those experts on CNBC and some youtube channels. The were so confident 6 months ago and now they're mostly bearish to the point that you can hear them talking about global recession and s&p crashing another 50%. The atmosphere is so gloomy in the media that after reading a bit you feel like it's all over and you should buy meat cans, alcohol and go down to the basement.

OgNasty

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A lot of projects do well in good times as a result of over leveraging or dumb luck. The trend can be good when it’s on your side. The test of time is real though. Many projects won’t survive when things turn and they have to stand on their own. Much of the crypto market has been exposed as a house of cards as a result of the recent bankruptcies. This likely means that many crypto projects operating today are zombies that have just yet to be exposed as bankrupt.

PrivacyG

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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

Piesel

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Quite a lot of currencies have died in the past, some died a natural death because of a lack of survival plain that can sustain their existence in the market, but if anyone wants to hold for long-term sake then Bitcoin is the sure coin to hold.
The winter market will deal a heavy blow to the entire market and many currencies will not exist after this time but Bitcoin is sure going to see the other side even with a better ecosystem.

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