Topic: Most alts are worth Zero - page 50. (Read 30843 times)
The reason behind this, is that some developers do not have the intention of creating a coin that will add value, all they want is get their own profit and take to their heels.
Yes, I agree that most of the coins are conventional and do not carry any technology. But many on this earn trade sell, it's a whole system. I think there should be such coins, because everything can not go in cycles on one coin.
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
This also shows that the risk of investing in ICOs is very huge. That's big problem now, more and more ICOs, but less and less quality.
The value of many Altcoin are combination of developers work and weeks, months and years of continuous development and community support. It will be not be accurate to say most Altcoin are worth nothing.
I think this is a problem caused by altcoin and the current promoter, many altcoins that appear cost under 1 dollar. Then it requires special management to increase altcoin the cheap price. the solution is to build a collaboration between promoters to build altcoins that cost below $ 1, that is, by making the altcoin one, Investors can struggle to raise the price of altcoin.
I would say not only about altcoins, I would say about bitcoin, it's called a global bottom. The so-called bottom is really the last. But everything can change for the worse, if growth does not start now, because the situation is already so bad that investors are out of the market.
Yeah I agree with that. There are many ICO and Altcoin right now. I guess this year ICO is hype but that's not make any sense. Because crypto will just full of trash coin. Also with SCAM project which make the situation gets worst.
Too many coins and current beliefs on unlike previous year. This may result in some projects not actually getting support. Maybe they are more interested in making new projects than developing projects that do not reach the target.
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
because too many scam projects, making them all afraid to invest. when investors have spent a lot of money, but it turns out ico in follow failed. then they will run for other investments.
Most of the altcoins are overvalued coins with not many real world use cases. Many coins are even valued at more than the potential revenue they can earn in future which makes it unsustainable. Most of these coins are going to die and only a handful of alts are going to survive in the future.
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
that's the fact that happened, that's why we should be wise again to invest especially for ico investment. there are a variety of new ico that only intend to mendaptakan money in a quick way. therefore, knowledge and insight are indispensable.
I think this is nothing new. It's strange that you are still surprised by this, after all, Buterin said last year that more than 90% of projects conducting ICO do not have a working idea or have no idea how to implement their project. And this means that their coins are not backed by anything of value!
The time passed when the coins were small and everyone believed blindly, now everyone is already smart and choose the cream of the market, although sometimes they make mistakes without it. Shitcoins and scammers do not stand still either.
some experts predict more than 90% of the altcoin will disappear, and from last year's ICO we can see that too many projects are just a fraud, and they have only one purpose to get into the exchange.
I think this decline may be on the line of countless Altcoins. They have no value and lead to confusion in this market. But after the baptism of time, I believe that the whole market will be benign in development one day. This is my personal opinion!
Yes, it is obvious that this is so. Every day projects are created which are just a scum. Because of this, crypto currency is treated with distrust
It is why I have created a token system where you can never say it is worth ZERO.
It is worth the price the market makes.
The market will never accept that my token is worth ZERO because if it fall to low...the market will push it up...you can not go against the market.
Yes, it is obvious that this is so. Every day projects are created which are just a scum. Because of this, crypto currency is treated with distrust
I think that too many coins are created to earn money on their sale, without any usefulness in the future. Therefore, their value is not great, or even has no value.
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
I strongly agree to your point of view. Most is these coins I have in my wallet are shit coins that worth nothing or less value in the market. This is because many developers are jumping into crypto world with a view to taking advantage of investors using the bounty hunters to achieve their the aims.
You should take a look at Zencash and then tell me it's one of the altcoin that worth zero. Because firstly it's a privacy coin and people will need more to use such coin. On the tech side, it's one of the most advanced coin out there, yes better than zcoin etc. The Zen platform is not only targetting crypto users with their others products, zenhide, zenchat, zenpub
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