Topic: Most alts are worth Zero - page 19. (Read 30842 times)
yes you are right the promoters don't develop coins because there are no investors. at present there are too many ICOs that appear and most ICOs are scams so this makes investors not willing to invest in new ICOs or coins. they prefer old coins in the crypto market because this will minimize the risk of losing. so no new coins choose and make new coins crash and then zero.
If there is any altcoin that is seen to be zero, then such does not have any value added service. Nothing to render, in order to develop the project and at the same time give value to the coin in question. Of a truth, there are lots of them in the crypto space, but they have to be eliminated totally from the system. Developers tat bring up coins like this, are after the money of investors.
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
In fact, it turns out that way. Investors are deterred by uncertainty, as projects do not develop, do not release updates, but simply tread on the spot. This is a bad situation, developers have to work on improving their platforms.
There are a lot of weak projects on the market and they can fall to zero. But there are also strong projects on the market that can show very good growth when the market begins a phase of massive growth.
The price of a coin depends on the ratio of supply and demand. It seems to me that if a coin is not in demand, then it becomes useless.
Its good most of weak projects now gone and we see who is who.
Then starts the next age of rising cryptocurrencies
Then starts the next age of rising cryptocurrencies
You are mistaken, really the prices of especially bad projects have fallen to a minimum, but they still continue to live, and even show some volumes on the exchanges. It looks like you need much more time to clear the market.
I agree that most coins have no value now. The market is in decline and these coins are dying.
At the moment, the market is going down and most projects are dying. I think the fall in the market has negatively affected most coins.
I agree most alts will drag many portfolios to an ashdrake state. Follow the money, keep yourself updated on any project you have stakes. Dont loose all your money in the spirit of hodling.
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
Yes, some of it really have zero to nothing interms of value. It depends whos the team behind in that ecosystem because some are doing just to scammed bounty participants and no plan to developed to be a legetimate one.
Yes, the abuse of ICO has accelerated the ecology of the altcoin. Many coins have grown rapidly and died quickly. This time Bitcoin will make many altcoins disappear, so I won't buy any coins except Bitcoin.
That is what will going to happen if investors and bounty hunters of that coin sold their tokens in exchange of other coins/tokens or maybe for fiats. Also the developers doesn't make any move to improve their coins in the market.
These are just bad altcoins that have no future and are not attached to anything. Those Altcoins, which are tied to something and they are in demand; their price will always grow. Especially those that are used in their blockchain.
Not all the altcoins though, but I'm sure everything still ahead.
I bet next wave will be "wise investment". I think only good projects will survive in long term.
I bet next wave will be "wise investment". I think only good projects will survive in long term.
Thanks to the bearish market and to many scam projects investors are very cautious to invest in alts as their
price is declining much faster than BTC. Only the best alts with active development and use case will survive.
price is declining much faster than BTC. Only the best alts with active development and use case will survive.
Lol the sad truth is that, some projects are actually scam, all the plans on paper do not come to reality. Some developers even dump their own coins or tokens, making it worthless. The real projects do not need hype from paid reviewers, they launched their product, and it's backing it with great team effort. Let's look forward to a better crypto space in future anyway.
right, that is what is happening now with the increasing number of scam projects, the holders are simply releasing coins for the price they are or very cheap. here we are focused on the same problem by giving space to those who always want to increase but do not follow the good for all of us so that what happens when prices go down the market bulls will also be longer.
In this market situation, this is predictable. You just need to be prepared that some currencies will not be able to survive, and those who survive will still recover for a long time. When you cope with this loss, you will begin to think about how to recover your investments and keep earning. And the solution is simple. Start trading daily. I think that in such a situation, only daily trading can actually be profitable.
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
What do you expect? With drastic fall in the market, many Coin will become dead The whole situation that has developed in 2018 in the market with prices will not pass very quickly, because today the market has no incentive for rich investors to return to the market. In this situation, the main thing is not to panic and use the slightest remedy to your advantage. There are young promising coins on which to trade day trading well.
I guess everything is not so bad for those people who weren't aimed to get quick money. During the year the situation will be put on the right track and go up, and we'll see new maximums in the next 3 years.
We still can see some alts such as QKC, MGO, and PAY grow at least a little nowadays tho
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