Topic: Most alts are worth Zero - page 48. (Read 30843 times)
Indeed, most coins will never be successful. Since many projects are Scam. With this now nothing can be done, every second project is fraudulent. Hopefully we will start seeing some new alt coins that have a solid backing and aren't just trying to scam people.
Now investors have become more cautious in investing in ICO, rather than at random as before!
Most altcoins are fraud. But there are several projects that are really promising - nkn. They make decentralized Internet. Advisor is the founder the first generation Internet!
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
Yes and they cant even make their project real, sometimes many ICO with new project is too ridiculous and not necessary for development of crypto but i do think nothing wrong with this ico cause they are just trying to fund money for their startup company and nothing wrong if they fail cause that what businesses is and dont expect businesses to be always success so we as investors should invest in right project that have a future and the product would be usefull and able to be realize. 
Until now there are more than 1500 coins and tokens registered in coinmarketcap, with many coins and tokens of course make the competition very tight, and this makes a lot of coins lose investors and automatically to zero.
I also see that most of altcoins in the market are worth zero, may be the development of their project not continued progress. Be careful to work for them, must research or read first about their platforms to minimize participating undeveloped project.
You are right the life of the most altcoins are no longer than 4 months. Thousands of altcoins are already dead. Strong projects and voluminous altcoins will survive.
it is because, most of the developers has no intention to continue their plans based on their platform, they already got their profit from their previous token sale that's why they decided to forget about it.
You are right the life of the most altcoins are no longer than 4 months. Thousands of altcoins are already dead. Strong projects and voluminous altcoins will survive.
Exactly! There are plenty of altcoin and most of them are useless. To my mind there is no sense to invest your money in no name altcoins without luquidity. Crypto is a risky and alts with zero price are risky even more!
But in tons of useless alts, there are some really promising ones. It shouldn’t be so easy, because in that case everyone would easily invest and become super rich. You need to work, do researches and find a good one.
yes. most of the time now investors will not invest on ICOs that looks like it doesn't have a future. Now investors don't invest blindly. That makes some Alt coins worthless.
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
I see the good point in what you said, the promoters are cheap scammers, after realising some fund they will run and left the project undeveloped, it one of the reasons why new icos find it difficult to raise fund.
For now, some will do well long term.
I agree with the title of the article, a lot of projects are pacifiers.
and created only with one goal-collecting money for developers!
and created only with one goal-collecting money for developers!
Yes that's true. And the present bloodbath the market is experiencing made it more critical. Most altcoins won't be there this time next year.
I also do not know what is happening right now, altcoin easily lose value even there is over 80%, when will this situation end?
Most of them are designed to provide real value, but for speculative tasks. Others do not know how they will achieve their goals. Therefore, I focus on working with projects that have an experienced team and objective goals.
I agree with you because in my personal opinion now altcoins with real project or ecosystem will survive and will gain a high value beside that the altcoins must have a great community to survive too. Smiley
Exactly! There are plenty of altcoin and most of them are useless. To my mind there is no sense to invest your money in no name altcoins without luquidity. Crypto is a risky and alts with zero price are risky even more!
I think that those ICO's that scams people had triggered most of the people not to invest anymore with
new ICO projects believing that it maybe the same with the other. In my opinion, there are many good projects that are in development and people should know how to select such project to avoid being scam later. People should not generalized their belief that most of the alts worth zero because of their bad experience.
new ICO projects believing that it maybe the same with the other. In my opinion, there are many good projects that are in development and people should know how to select such project to avoid being scam later. People should not generalized their belief that most of the alts worth zero because of their bad experience.
One thing is factual that people and investors are growing aware of cryptocurrency. So there is competition involved in the market. Those who cannot live up to its promises and fail to deliver will vanish over the time. Only good coins that are delivering will remain on the scene.
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