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Topic: Most alts are worth Zero - page 46. (Read 30810 times)

member
Activity: 574
Merit: 10
Gistcoin
July 25, 2018, 01:38:09 AM
You may say that most altcoins worth zero. well, I think that it may be fifty fifty depending on the coins itself. If the coin is very dumb in the market and then dead, it may be zero worth. but, we know that now many new coins are listed and they are struggling. They can survive and worthy with the new concepts.
newbie
Activity: 98
Merit: 0
July 24, 2018, 08:58:36 PM
I have a similar opinion but diversification is always good though...  I realize it's less true right now in crypto because if Bitcoin goes up, they all follow it! It's so new that people will lose confidence on ALL cryptos. So yes maybe you should've invested in BTC. But I believe that in a few years some projects like OMG and IOTA will have a HUGE return. Maybe even more than BTC... let's see! Smiley
newbie
Activity: 152
Merit: 0
July 24, 2018, 08:57:04 PM
Thank God, you said more so definitely not all are useless. Due to the market structure altcoin looks useless but there are more profiting altcoin outside there making waves
newbie
Activity: 87
Merit: 0
July 24, 2018, 08:56:48 PM
For three years after 2013, bitcoin returned zero. You should be prepared for less exciting times. The days of bitcoin outperformed Alts is over. Technology and business development will make buying Alts as easy as bitcoin. This isn’t the case yet. Just don’t pick random Alts and make sure they have a community of users and investors. Should be careful with eth tokens thro
newbie
Activity: 140
Merit: 0
July 24, 2018, 08:54:20 PM
Due to the current market conditions that can happen. But also some coins have come to the market when BTC started going up in last year. So most of them have come to the market only by aiming to raise some money I think. when it doesn't have a real world value then those coins have started to die.
newbie
Activity: 88
Merit: 0
July 24, 2018, 08:53:33 PM
It happened because the project fails. There are many scam project in the market so scam project down to market.Most of this altcoins are scams but one of the possibility why a certain coin has a small value per coin is because it has a large number of circulating supply. Probably better several exchanges remove the coin that is not worth it anymore so that development of several new higher quality coins.
newbie
Activity: 126
Merit: 0
July 24, 2018, 08:32:14 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Thats right some altcoins produce worth zero value but not all there's still valuable and follow the lead of bitcoin, one living prove is the ethereum. Back to altcoin with zero value,this must be stop because it will damage the image of crypto to the big investor and maybe cause of crypto down fall in the near future so must avoid before its too late.
full member
Activity: 638
Merit: 118
July 24, 2018, 07:44:41 PM
Yes, you are right. Most of the altcoins are not doing well. In coinmarketcap there have many altcoins listed but I think only 100-200 altcoins are good enough, otherwise all fake or valueless.
jr. member
Activity: 238
Merit: 1
July 24, 2018, 07:42:15 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Yes, maybe because of the current status of the market today. Because of the decline value in the market that’s why mostly coins that are from ICO is worthless. Many bounty hunters and some investor are dumping their coins without knowing that if they keep on dumping there coins the value of it will go down. Some ICO coins also worthless because of the project itself it’s not marketable and profitable in the first place. So it’s also down on how the project is. If it’s good or not. Or it has a value or none.
jr. member
Activity: 164
Merit: 1
July 24, 2018, 07:39:54 PM
This is very true, I can confirm that most altcoins are worth less
Especially most airdrops nowadays, most of them worth below 1$
I have different types of altcoins in my wallet receive by different altcoins
Most of those coins worth below 1$.
full member
Activity: 798
Merit: 104
July 24, 2018, 07:35:36 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

That's what happens when developers hire a lousy marketing team. The marketing team should be responsible in strategizing in making the token market compliant or even worth buying in the first place given its initial value. With that kind of person behind the marketing, there will definitely be a lot of tokens with no value.

I agree to you sir to survive in this crypto world the project need a hardworking developer and a supporting marketing team to conduct research on how to market their project, because if the developer and team are irresponsible Im sure the project will failed to deliver their product.
newbie
Activity: 112
Merit: 0
July 24, 2018, 05:48:43 PM
No matter what, I don't diversify any how and what I would trust investin in is BTC and ETH.
full member
Activity: 362
Merit: 101
July 24, 2018, 05:20:06 PM
That's right.Many tokens were not an innovation and no one needs them.Unfortunately, there are a lot of them.
member
Activity: 728
Merit: 10
July 24, 2018, 05:17:25 PM
You are right. There are more than 1000 different coins. Most of them worth nothing. It is evolution. I think that in few years there will be only few dozens of cryptocurrencies.
ukw
sr. member
Activity: 616
Merit: 250
July 19, 2018, 11:01:20 AM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Unfortunately it's like that. Most coins exist only because some people wanted to raise money from an ICO project and then did not think about the development of the project. That's why there are more than 1,500 coins on the market, the majority of them I think will disappear soon.
full member
Activity: 462
Merit: 102
July 19, 2018, 10:50:45 AM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

That's what happens when developers hire a lousy marketing team. The marketing team should be responsible in strategizing in making the token market compliant or even worth buying in the first place given its initial value. With that kind of person behind the marketing, there will definitely be a lot of tokens with no value.
member
Activity: 141
Merit: 10
July 19, 2018, 10:45:02 AM
Man, even btc worth 0. What it should be used for ?
You can see that bitcoin is kind of worthless in all the advertisement of the coins (fast transaction, secure/anonymous payment, border less payment...). All of those thing, you can find a simple coin that do much better than bitcoin.

But why bitcoin is still expensive ? why it is still king of the cryptos ?

I guess the value of the coin is something that people accept that it will be.
jr. member
Activity: 280
Merit: 1
July 19, 2018, 10:44:27 AM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Well, yes this is true. Some coins in the market doesn't have a good product and don't even develop their propose product as the project goes by.
full member
Activity: 518
Merit: 100
July 19, 2018, 10:39:55 AM
Dear all,
Yes, Many altcoins have no worth. I am a newbie in the crypto field. In several months, I am interested in and realize that no of all altcoins were borned will be alive and have good future. Something become well, other things die. That is reality.

Bro, concentrate on the top-20. These altcoins will survive. None of these tokens is the scam - you will not lose if you invest in them. As for my favorites, they are Ethereum, Stellar, DASH, and Monero.
newbie
Activity: 110
Merit: 0
July 18, 2018, 01:13:57 PM
You are right perhaps , there are around 1600+ coins in showcase according to coinmarketcap top , {But genuine figure is far too high} , a large portion of these coins not have an appropriate site , web based life channels , network chief ,advancement group, guide , these sort of task will get disposed of when , as the crytpo network teach those sort of ventures wind up zero esteem coins ,
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