Most cryptocurrencies will crash to zero - page 38.

pixie85

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Quote from: suzanne5223 on March 16, 2018, 02:25:30 PM

From my past experience concerning the crypto market. I don't agree with the saying that most crypto currency will crash to zero because the market will recover as from next month.

The whole market? How can you be so sure? I see a connection between most big altcoins and Bitcoin, but not all are following it. You can clearly see that LTC is going down at the same time when BTC but take a look at ETH. It has it's own mind and sometimes goes up while the rest is down. I think most cryptos will eventually go down in value when the boom ends. We don't need thousands of coins especially that most of them don't have any special features.

suzanne5223

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From my past experience concerning the crypto market. I don't agree with the saying that most crypto currency will crash to zero because the market will recover as from next month.

Paractor

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Now what does mass media know about cryptocurrency?

They have been wrong time and time again.

So why trust in what they say now? Huh

darkangel11

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Don't let others control your BTC -> self custody

Quote from: bravehearth0319 on February 10, 2018, 12:07:35 PM

Quote from: matamura on February 10, 2018, 11:17:40 AM

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

This is next to impossible as every token will be at one satoshi and never below it.
unless the token will be out on any market and not listed anywhere.
Remember any ICO can't go below 1 Satoshi, and that is always true! once listed the lowest value will have sat on it.

Correct. Most coins, even those that were confirmed scams, were worth some money before they were delisted. People who come screaming that this or that coin will be worth 0 have no clue.
As for the article, if we assume that they wanted to say that most cryptocurrencies will have no value it's true. There's so many coins on the market right now that it's impossible for all of them to keep growing. Most will be abandoned and their teams will start other projects or join the existing ones. The same thing is happening with companies. Most of them go bankrupt or get merged with larger ones and basically cease to exist.

deepcoreotc

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Heck, hopefully the ones without use or the ones that do not need the blockchain tech at all will crash, we don't need them anyways. There are some with real life uses that actually need the blockchain tho.

noorman0

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[Nope]No hype delivers more than hope

One can only speak, who would have thought if bitcoin prices last December reached a golden peak? I am sure the same thing will happen every end of the year.
So do not make these negative rumors become our fears.

Rajs64

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I presume not all cryptocurrencies will go zero. Few will remain to baseline and might get controlled by government regulations.

Donceng

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Quote from: matamura on February 10, 2018, 11:17:40 AM

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

the issue is always evolving everywhere, in order to bring down its competitors, especially now that many new tokens have been created and for the sake of looking for their consumers to compete in an unhealthy way.

GardenChristian

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Quote from: matamura on February 10, 2018, 11:17:40 AM

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

Yes, I totally agree with him. Many cryptocurrencies are now worthless. Crazy people don't go to know this now encrypt the value of a currency, when after they calm down, they will find the encrypted currency worthless, then people will gradually abandoned it, their value becomes zero

bbcolex

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Some ICO failed , but with top crypto currencies I doubt , cnbc known for throwing baseless opinion that could give and promote panic to some newbies.

multikript888

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And I think that we should not overestimate the mental and moral qualities of famous people. They also tend to believe in beautiful fairy tales, and wish for easy money, like everyone else.

brickafterbrickwalldpt

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It is highly probable that most of cryptocurrencies which exist today will disappear in the future. There are many different coins right now but also many of them are quite similar to each other. I would say that Bitcoin will be an equivalent of what dollar is for us today. It will be an universal currency which everyone will know about. Even most of Bitcoin forks will disappear since they won't offer anything that would be worth buying them. Right now, Bitcoin seems to have one of the lowest transaction fees from all available cryptocurrencies.

prosokeslo

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This is not true at all. There are always new investors and the old investors aren't leaving either. A couple of years ago, ETH was $10 now it's worth over $500. Numbers like these will never let the market crash and go to zero

wack slacker

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Quote from: sunnydmd on March 10, 2018, 04:35:27 AM

Quote from: wack slacker on March 07, 2018, 03:20:44 PM

I think there are several reasons:
1. Quantum computers will make miners lose their jobs because quantum computers have tremendous cryptocurrency exploits.
2. The crypto will not be supported by dev, they will fail and lose value.
3. These SCAM ICOs will make investors withdraw money from cryptocurrency because they think the risk is too great.
4. Bump, dump games will ruin the market.

1, miner is the game for reach people who has long-free money to invest, so they would never die when quantum computer come out. and even more, quantum computer still so far away till the day it can beat miners's computer
2+3, good investor will never die anyway. they always have safe money that can guarantee even they lose all others, they would still healthy alive. and some crypto currentcy with strong dev alive
4, pump and dump game is just temporally. no one control market whole the time

Your explanations seem reasonable but we need to think about the long term. I have seen a lot of cryptocurrency on coinmarketcap.com and found that there is a lot of junk. The quantum computer I think will be born soon. I have read some articles about it. The market will continue to grow in 2018. Currently, only momentum for growth.

12tribes

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That's a little bit harsh and presumptuous. The market may be taking a bashing does not mean they'll come to zero. To come to zero, all the holders must release their coin at the same time to crash the price. As simple as A B C.

Hughesy26

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Most currencies will never go to zero. Why? Because many people can't resist a bargain. If for example litecoin fell to $10, how many people would buy some in the hope it went back to $200+? LOTS!

Case it point - look at Bitconnect. A known scam. Currently trading at $2.04. That's a big fall from $400+ it once was - granted. But the current price results in a market cap of $19 mil. I'd suggest this is purely speculators thinking the coin might be revived / come back.

CoinsInvest9

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Quote from: blue_nexus15 on February 10, 2018, 06:44:50 PM

I still have a strong belief in the good altcoin on the market as its management team is day by day building on the true value of their coin. Do not be too pessimistic about the future of coin when you are investing in this market. I believe that the market will develop very well in the future and the altcoin really potential will flourish.

Well, as you know you and me both take part in bitcoin market ,atually when you decide to enter this job, you definitely know how risky this job brings to you but I think people who use bitcoin always complain about bitcoin value when it falls down. We all know that bitcoin or cryptocurrency is notoriously volatile, it’s value is really not stable , there have much time the value does get decreased, increased and the like, it fluctuates currently. But when bitcoin has a significant decreased, I do think that it’s normal ,many say that it will crash to zero. Yep, bitcoin is extremely popular ,even it’s getting more viral. It’s created by computer technology, therefore I believe that it will exist for a long term and always flucuate. We’d better keep our head , bitcoin value will recover again.

Yatsan

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Quote from: matamura on February 10, 2018, 11:17:40 AM

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

That's just impossible knowing that cryptos are having demand in the market which gives the increase on its market value. Crashes are hundred percent normal but tfor the market value of MOST cryptos to fall as low as zero? That's absurd! Probably at the end of this year, good things will be to Bitcoin. It is jist that we should only wait and be patient. Invest for now and hold to earn huge profit in the future.

Shikaina

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Quote from: Queen12 on February 10, 2018, 11:37:58 AM

Most tokens have no value.
More and more new ICO projects look more like a scam, so it's perfectly normal for these tokens to return to 0, and I have no idea how these tokens are related to the blockchain.

Ya. You are right. I even hold tokens for alsmost a year now that dont even have exchanges so how would i call these tokens, zero. No value. Sadly ICOs are growing more and more each day and you wouldnt even know which one is true and which one is fake.

cryptbit.man

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I would not listen to anything goldman sachs says about crypto as they have been constantly throwing dirt on anything that has to do with bitcoin or any other crypto. Other than being very ignorant on the matter.

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