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Topic: Most alts are worth Zero - page 63. (Read 30810 times)

legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
May 04, 2018, 02:11:50 AM
The problem of new altcoins that they even dont have personal blockchain all use etherium erc20, and because of that they are just like clones.

Yes... there are a lot of tokens which use platforms such as Ethereum, Stellar and Qtum. A few months earlier, it was fine. There were only a few dozen of them. But now thousands of tokens have come to existence and the vast majority of them are not worth anything.
full member
Activity: 434
Merit: 102
May 04, 2018, 02:09:01 AM
Yes, 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.
If we see the list of all the crypto coins which comes under the category of the altcoins, then we’ll notice that there are so many crypto coins but the thing is not all of them are this much worthy and high demanding that you can take this risk of making an investment into any of these coins and that you need to be very much careful and that you need to invest in only that coin which has some bright future.
jr. member
Activity: 378
Merit: 2
May 02, 2018, 04:30:09 PM
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. It is quite unfortunate that some people still fall victim of some of these shit coins. Well, we still see some who now have more knowledge on what a shit coin is like.
member
Activity: 294
Merit: 13
May 02, 2018, 04:21:43 PM
Yes, there are too many different crypto-currencies that are too overvalued by investors. But I think that in the future there will be only worthy ones who already have their own product.
sr. member
Activity: 1190
Merit: 306
May 02, 2018, 03:23:54 PM
Most Alt are worth zero because team are not updating those coins and are not interested anymore after launch
In addition, investors only have so much money to buy these coins with, and there are so many choices.  In other words, the market is saturated, interest is probably waning, and most of these projects are turning out to either be scams or to be unnecessary. 

The coins aren't exactly worth zero yet, but my best guess is that this is where most are heading.  Best to sell these questionable tokens as soon as they're acquired and get bitcoin, which isn't heading toward zero.  There are some coins with decent value, like ETH, but those are more the exception than the rule in crypto.
hero member
Activity: 896
Merit: 521
May 02, 2018, 03:16:47 PM
We are in crypto bubble right now!

Exactly same as internet bubble. Every stock had $$$ story. But when the inflow of $ stopped, things went bad.  Same is happening in the cryptocurrencies. Right now inflow of $ is getting low.

Utility and use case is what matter in long term. We have tons of shit coins in the market at the moment with practically no utility or value. The winner in this space might be a cryptocurrency that hasn’t even launched yet.

95% of cryptocurrencies are worth basically zero by any reasonable measure. But I believe one - possibly more - of them might change the world. The best cyrptocurrencies meet an unmet need.

I am bullish on cryptocurrencies long term. But most of the coins at present will not exist.
full member
Activity: 392
Merit: 105
Vena.Network
May 02, 2018, 03:12:24 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

That is normal. Remember how much ICOs were held in 2017, spring-summer. That time they had only the idea and approximate roadmap. And euphoria Smiley Almost all projects on ICO in 2017 took free money that they got even without advertisement. And it seems possible to make anything when you have millions of dollars. But it turned not so easy, because you need to fing specialists, you should highly reward them because they are unique people, you should have money for all time long development and etc.
And now its time to show the result. Those who made ICO only for ICO are failed, those who made ICO to make product - will gain all this market
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
May 02, 2018, 02:53:00 PM
The problem of new altcoins that they even dont have personal blockchain all use etherium erc20, and because of that they are just like clones.

And where is the problem if they are clones?
Even if they are clones,the price is different.
newbie
Activity: 64
Merit: 0
May 02, 2018, 02:50:21 PM
The problem of new altcoins that they even dont have personal blockchain all use etherium erc20, and because of that they are just like clones.
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
May 02, 2018, 02:48:47 PM
Quote
Most alts are worth Zero

I have read this here about my WSPU2 token.

I will tell you why it is not true.

To get them you have to buy them for ICO price $0.001
You can not say if you have to pay $0.001 that it is worth nothing.

To say it is worth nothing you have to finf them for $0.0000000

For the free WSPU2 through airfrop:
It is not worth nothing even if it is for free bececause you have to follow certains conditions to get them.

newbie
Activity: 210
Merit: 0
May 02, 2018, 02:44:01 PM
the fall of the market showed the true value of altcoins and now many will not invest in them
newbie
Activity: 126
Merit: 0
May 02, 2018, 02:41:07 PM
That is why it is good  you know the firm fundamentals  of a project before investing in it and not just following hypes.
newbie
Activity: 111
Merit: 0
May 02, 2018, 02:38:35 PM
Most of them are not created to provide real value but merely for speculative purposes. Others do not have a solid understanding of the project they're embarking on. They just presume that they'll know what to do when the mo ey comes, only to begin to s ratch their heads later. As a principle, I respect only those projects whose teams are very experienced and have project MVP.
newbie
Activity: 178
Merit: 0
May 02, 2018, 02:32:27 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
Most alt coins are spam but there are a few that are working well on their projects. I have selected LISK, ADA, TAU and XLM in my portfolio. These have shown great progress on their respective roadmaps. They are working on some good projects and have the scope to expand. I think these alt coins are worth investing in.
ask
legendary
Activity: 1386
Merit: 1004
May 02, 2018, 02:27:33 PM
I totally agree most of them going to die. As we see exchanges are delisting hundreds of tokens every month.
This is sama from begining of crypto history and will go on for a long time.
So don't waste your time and money with those shit coins
member
Activity: 252
Merit: 10
May 02, 2018, 02:25:04 PM
Of course, the greater part of all projects is zero. Well, if you want to be on top, you need to do something, and not invest anywhere.
sr. member
Activity: 672
Merit: 250
Buy, sell and store real cryptocurrencies
May 02, 2018, 02:18:24 PM
While the developers are working on the product and many investors in the project, it can not be said that altcoin costs nothing
newbie
Activity: 26
Merit: 0
May 02, 2018, 02:15:47 PM
I do not agree with this idea, there are a lot of good coin investors have not thought it
newbie
Activity: 189
Merit: 0
May 02, 2018, 02:12:38 PM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
There are a lot of alt coins that are not working a little bit. In between those coins there are also some good coins which have the potential to rise to new heights. I have invested in NEO, ADA, XRP and PRG. I believe that these coins are worth investing in because they are working on good projects.
newbie
Activity: 140
Merit: 0
May 01, 2018, 11:11:36 PM
I want to say, Yes indeed, because of the many coins, most of the coins are not worth it. Now, the top list coins are only trustworthy coins and make a guarantee that prices will fall to zero others are just scammed who want to steal your money only. And There are many scams and coins that are meaningless. If the bubble happens, the bubble will disappear.
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