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Topic: Most alts are worth Zero (Read 30842 times)

hero member
Activity: 1386
Merit: 503
May 01, 2019, 03:00:09 PM
unfortunately, many of the new tokens / altcoins will never be worth anything because the developers only think about the ico / fundraisers and not to create solid infrastructures / projects behind them, which is why the market is getting worse and investors are watching instead of investing more, trust is lost...
Money can change everything.
At first the project was very trusted but in the end did not same with the roadmap schedule, and the project stopped even though their projects and tokens were in a position that had the potential to rise at the peak of higher popularity. They don't think about the long-term projects that make more money.
sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
May 01, 2019, 01:01:21 PM
unfortunately, many of the new tokens / altcoins will never be worth anything because the developers only think about the ico / fundraisers and not to create solid infrastructures / projects behind them, which is why the market is getting worse and investors are watching instead of investing more, trust is lost...
At present there are many ico who only scam at some time. this will cause the name of the coin to be useless in cryptocurrency. Iico developers should think that coins are the long-term prospects, but this requires what is called consistency from the ico developers
hero member
Activity: 3066
Merit: 605
May 01, 2019, 12:43:36 PM
unfortunately, many of the new tokens / altcoins will never be worth anything because the developers only think about the ico / fundraisers and not to create solid infrastructures / projects behind them, which is why the market is getting worse and investors are watching instead of investing more, trust is lost...
sr. member
Activity: 882
Merit: 250
May 01, 2019, 12:40:48 PM
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
Not all altcoins are worth zero. The altcoin such as Ethereum, Cardano, XRP, Binance Coin, Litecoin, .... will have high value in the future when the market gradually recovers.

The guy meant those tokens that take 300+ places in rating. many of them were created to be pumped to dump them after. Yes, they can cost zero after it, and you need to be very cautious when you decide to buy them.
jr. member
Activity: 100
Merit: 1
May 01, 2019, 01:52:07 AM
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
Unfortunately, this is the bitter truth. This is a bitter experience. therefore it is good if the portfolio was highly diversified and dead projects did not deprive you of all investments.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 30, 2019, 11:04:08 PM
Only 1% or 2% of the currently circulating altcoins will be having any value in the near future. Every day dozens of new alts and tokens are being released in to the market and 99% of them doesn't have anything unique about themselves. Many of these coins are traded in just one or two small exchanges and the daily trade volume is very low. The situation has changed a lot from what we had in 2017. Back then, even worthless alts were being accumulated by the investors. That is no longer the case now.
member
Activity: 406
Merit: 10
April 30, 2019, 08:44:11 PM
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
ICO are not good in the current market, but good ICO are definitely out there, and they still have a large number of investors. It is inevitable that some coins will not exist in this situation.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
April 30, 2019, 08:25:21 PM
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
Not all altcoins are worth zero. The altcoin such as Ethereum, Cardano, XRP, Binance Coin, Litecoin, .... will have high value in the future when the market gradually recovers.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 30, 2019, 07:44:21 PM

The investors are more educated and cautious and not investing blindly any more.
Many of them have learned the lesson on a hard way after losing funds investing
in projects with inactive dev. teams.
Indeed, they are all being educated person and that will be a good thing to ensure anyone can avoid such a scam project. Remember about the fact that so many scam platforms in these days need to be avoided.
I hope they will be learning a lot from their past experience.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
April 30, 2019, 07:37:01 PM
Well, it is inevitable that some coins won't survive - the competition on this market is huge

And I agree, the competition is so stiff in todays standard, I have participated in so many exchanges based ICO at least six of them like XERA,  Becent LBX Ironx and look at them, some of them paused their ICO others are having a hard time gaining support IronX was funded with huge money but check out their platform so many complaints, you can't even sell their token in their own exchange, just imagine.
member
Activity: 476
Merit: 10
April 30, 2019, 06:54:08 PM

The investors are more educated and cautious and not investing blindly any more.
Many of them have learned the lesson on a hard way after losing funds investing
in projects with inactive dev. teams.
jr. member
Activity: 93
Merit: 3
April 30, 2019, 04:55:25 AM
Of course there are many scams on the market, but I find it quite wrong to say that whole market is bad because od it. Does one rotten apple really spoils the barrel in that case? I think is better to look on the bright site, there are many good coins which are worth of our attention and we just need to find them. It's good to be open on new things. Maybe I see things that way because I'm still new in crypto industry, but I'm glad I've started investments from less known coins which are now beginning to trend (like FuturoCoin)
member
Activity: 420
Merit: 10
April 30, 2019, 01:30:35 AM
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem

The SEC will find all projects that don't actually create what has been certified in white paper. They tricked investors, and this article. Though the project and the Internet, but they live on earth)
jr. member
Activity: 280
Merit: 2
April 29, 2019, 02:28:19 PM
in my opinion Most new altcoin who dont have any clear vision or there is no applicable and non-stop improvement software they are worthless.Developer hyped them to so extremely degree that they generated a lot of funds and did nothing to similarly promote that coin,they are present just as a hype and nothing else and soon all these shit coin will die by themselves as soon as the list on an exchange
member
Activity: 403
Merit: 10
April 25, 2019, 10:05:20 PM
The fact that it turns out that way you mention, Investors are deterred by uncertainty that Their projects do not develop, do not have an updates, and simply posting a  tread on the spot. This is a bad , developers have to work hard to improve their projects or platforms.
sr. member
Activity: 980
Merit: 253
April 25, 2019, 07:19:17 PM
More coins are worth zoero but this makes the crypto industry a solid and tight one to confirm how decentralized crypto is.
I prefer many cryptos to having just one of them.
full member
Activity: 616
Merit: 100
April 25, 2019, 06:59:49 PM
indeed, there are currently many altcoins that are worth zero, this is due to project failure, the bear market is also one of the factors in the failure of many projects that are happening now because the ICO does not reach hardcap, many failed projects that only produce worthless coins
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
April 25, 2019, 06:19:57 PM
Looking at the current situation happening in the crypto space and the crypto market, I strongly agree with you that most altcoins are worth nothing. Each day in and each day out, people develop new altcoins which have no specific aim to solve or introduce new technology into the crypto space. They are just worthless with majority of them just being a means to scam investors off their money.
full member
Activity: 1093
Merit: 103
April 25, 2019, 03:22:56 PM
Several projects couldn't afford this situation when some of token can afford. Some token are worth of zero even ICOs price was 90-100 percent positive all altcoins. Yes this zero price of altcoins will be pump in next year 2020 with high volume in coinmarketcap.
hero member
Activity: 1148
Merit: 504
April 25, 2019, 10:01:52 AM
BTC dominance is 52.2%, rest market is captured with Ethereum, litecoin, ripple. How can your expect lower grade altcoins to be worth at some value? The more BTC dominance increase they will shrink. Only if the tech behind them has some real use case scenarios then they will be getting a worthy price in market.

I dont think bitcoin dominance growing bigger is good for cryptomarket. Altcoin with good product must surpressed. If bitcoin dominance more than 50%, i think its good time for buying good altcoin because many altcoin are worth to hold for long term and they offering many new technology
if the dominance of bitcoin is greater in the crypto market, it certainly will not have much effect on the value of the altcoin, if marketcaps crypto gets bigger, of course all altcoins will get positive impact. not all altcoins are worth zero, many altcoins are very valuable and have very potential technology in the future
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