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Topic: Most alts are worth Zero - page 65. (Read 30810 times)

full member
Activity: 280
Merit: 100
May 01, 2018, 11:59:59 AM
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
Not only altcoins with good project behind can be survive Smiley. You should know that the whale will take advantage of all altcoin to get profit that why there are a lot of trash altcoin still survive because of this case Grin. The whales often try to pump a trash coin to make other traders believe that these alts have good potential and then they'll stuck in this trap of the whales Smiley)
full member
Activity: 602
Merit: 100
May 01, 2018, 11:55:08 AM
Indeed, a lot of projects today are worthless, why is this so? Because people do not see the prospects for this project, so people sell their shares and tokens or even leave them, because there is simply no demand for them. Here such here business.
full member
Activity: 630
Merit: 100
May 01, 2018, 11:52:45 AM
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.
full member
Activity: 484
Merit: 100
May 01, 2018, 11:52:13 AM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
All Altcoins have no real value because its price is made by investors who buy it and hold it to its value. Developers do not want to develop their ecosystems because their ecosystems rely on other platforms to grow, with the current high transaction speed, so developers are not interested in growing Ecosystem.
newbie
Activity: 70
Merit: 0
May 01, 2018, 11:49:58 AM
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
full member
Activity: 278
Merit: 100
May 01, 2018, 11:48:31 AM
Actually because of too many coins in the market then when there are no demand and not good looking project, the coin must be dump into shitcoin.  I think they gonna remove all shit coin in the market because it is too hard to recover because of least demand at too many supply.  It is good to create new ICO than buying shitcoin.  Sometimes, when they have new ICO release then they have a token, the price must be getting stronger then dump soon.
sr. member
Activity: 630
Merit: 250
May 01, 2018, 11:35:43 AM
This is too normal becase more than 90% coins are useless and might be dead in the future, when it does it return to zero. Cryptos coins born too much and it is time to delete most of them, which coins survice will grow more in the future.
I think we have more than 750 cryptocurrencies in the market and in that only a number of coins have bright future rest of all shitcoins. But to find which is shitcoin and which is good coin is a difficult job. So whenever you will invest in altcoins don't hold it for a long time, keep watching the market and time comes sell it and convert it into fiat. I think 95% of coins are shitcoins in this market.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
May 01, 2018, 11:30:50 AM
This is too normal becase more than 90% coins are useless and might be dead in the future, when it does it return to zero. Cryptos coins born too much and it is time to delete most of them, which coins survice will grow more in the future.
full member
Activity: 434
Merit: 100
https://eloncity.io/
May 01, 2018, 11:17:29 AM
I find it normal, consider it a natural selection, only the strongest survive. I am convinced that this is a positive phenomenon, because it will increase competition and, as a result, the economy will grow.

Well said! The market is at the earliest stage of its development and the presence of a huge number of projects is quite natural. Time will tell which projects will survive and which will not. The most important thing is carefully select projects in which you want to invest.
full member
Activity: 494
Merit: 100
May 01, 2018, 11:08:00 AM
Not most of them. The only problem with some crypt enthusiast is that they are really not into studying and learning. They are here to get gains and profits. If you want to have a holdings of crypto that has value, better get them by learning what is in them. Learning is earning.
full member
Activity: 1036
Merit: 109
May 01, 2018, 11:02:13 AM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

That is true, there are actually a lot of altcoins that is worthless. Some are scam and some are not fully developed. Some developers are lazy and just want to gather funds through ICO and do nothing after it's success.
sr. member
Activity: 644
Merit: 250
May 01, 2018, 11:01:15 AM
It`s true that most coins are worth nothing. scam ICOs have no value at all and there are ICOs with good ideas but are undervalued resulting their project to fail and will have no value anymore.
full member
Activity: 266
Merit: 100
May 01, 2018, 11:00:03 AM
The market has started to recover, and people are starting to judge what projects are a worthwhile project, and what projects are just a hyped project.
I think there's going to be a lot more worthless tokens in the future.
newbie
Activity: 26
Merit: 0
May 01, 2018, 10:45:34 AM
You are right, most of the coins will be zero in long term. However, if you want to make 10-20% returns in few days, some of these may come handy.
full member
Activity: 321
Merit: 102
May 01, 2018, 10:07:02 AM
That's true. There are hundreds of altcoins on the market and I am sore that less than 10% were actually created as a new idea to help the world and not as a business strategy just to make profit from trading it. But as it seems they are holding up well because people keep trading every coin and that's going to continue since people expect to make a big profit from every single coin that is created.
full member
Activity: 265
Merit: 100
May 01, 2018, 10:04:15 AM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Yes it is true it us hard to admit but yes that is the truth most of the altcoins are not that great or totally a trash. But i am not saying that all of them are worthless there are still some of them have a better future that can keep up with bitcoins or can even beat them. It is just there are a lot of altcoins out there are most of them are just created with no intentions at all they just wanted to create an altcoins and thats it no future at all. But i am impressed to those altcoins that have a great advocacy we should pay attention more to them rather than focus on bitcoins.
newbie
Activity: 58
Merit: 0
May 01, 2018, 10:00:04 AM
I find it normal, consider it a natural selection, only the strongest survive. I am convinced that this is a positive phenomenon, because it will increase competition and, as a result, the economy will grow.
Could be my words. All week projects will leave the train quite fast, becuase of missing support of the community.
jr. member
Activity: 176
Merit: 1
May 01, 2018, 09:54:28 AM
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
I think you are right. I also observe that there are lots of crypto currencies that were just dump. There are also coins that of very low value. But there are some which are good to invest and one of them is the etherium. Maybe we must take time to observe keenly and research before investing crypto currency.
newbie
Activity: 98
Merit: 0
April 29, 2018, 04:12:30 PM
Clearly not yet the market hasn't realized most alts are worth nothing, as I can still see over one thousand currencies still active in trading. It is only when most of these coins are actually worth next to nothing, or the trading volume gets low it has a ? for volume can we say the alt is dead or near dead. Right now they still seem to be kicking and alive.
member
Activity: 208
Merit: 10
April 29, 2018, 03:55:59 PM
Yes, this is the root cause of the current market decline. The market has recovered its ideal and people no longer blindly buy shit coin. They are beginning to understand whether this project is a good project.

Indeed now the market price again dropped dramatically.
Many altcoins that charge no more than 1 $. I hope there is a team of supervisors who can filter out the scam ICO, so that the bounty hunter is not at a loss.
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