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Topic: Most alts are worth Zero - page 36. (Read 30810 times)

copper member
Activity: 140
Merit: 0
September 02, 2018, 05:16:46 PM
You are very correct. Sometimes I wonder how these shit or scam coins made way into this space. Many of them do not have anything solid on their roadmap, whitepapers looking beautiful but no directions or proof of use in real life.
jr. member
Activity: 840
Merit: 3
September 02, 2018, 05:07:45 PM
Yes, you are right,  some Altcoins are worth nothing, I have alot of them in my Imtoken wallets  just  there with no value. Even some that are listed have remained on 1 or 2 gwei which is as good as worthless. Some Altcoins even  the developers have given up on their coins.
newbie
Activity: 201
Merit: 0
September 02, 2018, 04:55:56 PM
Yes a whole lot of them worth zero because they don't have any thing they are solve and they do not add anything new to the market
jr. member
Activity: 74
Merit: 1
September 02, 2018, 04:48:33 PM
actually there are many inverted marketcaps. so projecs are valued less than the funds they raised with their icos. this is kind of ridiculous. this also happens to projects that keep on track and deliver software and stay in touch with their commuinity...
newbie
Activity: 98
Merit: 0
September 02, 2018, 04:42:47 PM
That's true for many currencies, but I don't think that those that are in the top 10 falls into that category, many currencies have excellent utility so you can't say that their value is zero, currencies like NEO or Ripple have real uses, you can develop apps and ICOs with neo and you can use ripple for transactions.
newbie
Activity: 117
Merit: 0
September 02, 2018, 04:31:49 PM
Yes you're right they don't even try anything to develop their system but there's quite few alts that continues to develop everyday
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
September 02, 2018, 04:26:09 PM
The wort of alts are not at all zero, but that is the truth is this alts are mismanage by the team, there are a lot of alts which are worth for investments and this are very well nanage and promoted by the team.
member
Activity: 206
Merit: 10
September 02, 2018, 01:10:09 PM
Alt coins are influenced with the bitcoin, in light of the fact that bitcoin is still low as of not long ago. We should look out for the recuperation of Bitcoin and alt coins will begin wind up stable once more. That is the means by which it works, the greater part of the altcoins are connected on the cost. I trust that, sooner rather than later the greater part of these coin will be worth zero and trades will delist them and they will appears to exist no more, so it is prudent to put resources into a task that will have future need and utilize.
jr. member
Activity: 224
Merit: 1
September 02, 2018, 01:01:35 PM
There are many altcoins that cost nothing. I think that half simply did not survive the next dump. So be careful when investing.
newbie
Activity: 84
Merit: 0
September 02, 2018, 12:22:50 PM
There are little projects that are really worth it, and even them dropped considerably, the drop is something that is affecting both good and bad alternative in the market.
full member
Activity: 322
Merit: 100
September 02, 2018, 12:14:29 PM
That is true, this is because most projects really do not have proper use cases. Some are just doing icos to scam people, while others have good intentions but with poor planning and execution fails to succeed.
full member
Activity: 350
Merit: 112
Ecosystem for Fundraising DAOs — ICOs 2.0
September 02, 2018, 12:12:15 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

There are really lots of coins that has no value some of the developers tends to be scammer after the prmotions and received the investments they cannot be found but there are coins as well that has a strong development and determination to be high valued coin.

Same opinion here,  you should not condemn all alts only because a lot of people abuse erc-20 token creation to just scam people. There are plenty of real projects and some of them might turn put to be more disruptive than bitcoin itself.
newbie
Activity: 119
Merit: 0
September 02, 2018, 11:54:53 AM
I just to see some altcoin that can be swing to zero is extortion coin that lone need to trick individuals like all loaning coin and coin that utilization MLM advertising like Onecoin. All these sort of coin will going to zero on the grounds that the coin isn't genuine and just utilize ponzi plot , additionally does not take care of any issue in crypto space.
full member
Activity: 392
Merit: 105
September 01, 2018, 07:27:21 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Yes, I agree with you, and I think it is a logical consequence of an increasingly demanding market in which investors have more knowledge about cryptocurrencies and it is no longer so easy to deceive them, convincing them that every new cryptocurrency will be the next big thing that will beat bitcoin, generating profits of 1000% in a few days.

Therefore, as the market matures, more and more irrelevant cryptocurrencies will be discarded and perhaps in a couple of years very few of the current cryptos will survive the great purge that the market is carrying out now.
member
Activity: 490
Merit: 14
September 01, 2018, 12:06:19 PM
Exactly! most of them are useless and I don't see any sense to invest in such altcoins.
personally i try to invest in new appeared ICOs with high rating and in top 20 alts
full member
Activity: 511
Merit: 100
September 01, 2018, 12:06:14 PM
Any altcoyin can be reborn. Pulling altcoyin can either good news or speculative investment. The second - I think a more feasible option for the development of zero altcoyin.
Well if no development on a certain altcoin probably price will be worth to zero. It is need for us to be more choosy in investing an altcoin that at the end we can earn profit.
newbie
Activity: 84
Merit: 0
September 01, 2018, 12:04:25 PM
This is unfortunately true. But why is this so? Why can't there be a body to regulate the ICO world? If something is not done soonest, this scam ico will discourage people or cryptocurrency enthusiast from investing in ico projects.
newbie
Activity: 30
Merit: 0
September 01, 2018, 11:58:59 AM
Any altcoyin can be reborn. Pulling altcoyin can either good news or speculative investment. The second - I think a more feasible option for the development of zero altcoyin.
member
Activity: 406
Merit: 10
August 31, 2018, 06:38:34 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Thats true mate, most altcoins has no worth at all because maybe the advisors arent that great and same with how the project goes before and after ICO, maybe also the team had no idea at all in running a coin or the project itself or no investors coming in to have a portion of the said project.
hero member
Activity: 774
Merit: 503
August 31, 2018, 06:38:01 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

There are really lots of coins that has no value some of the developers tends to be scammer after the prmotions and received the investments they cannot be found but there are coins as well that has a strong development and determination to be high valued coin.
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