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Topic: Most overvalued coin? - page 3. (Read 946 times)

member
Activity: 224
Merit: 12
January 31, 2018, 10:06:50 AM
#79
I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins. Smiley

I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now.

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley
Oh crap why ethereum ? its not overvalued coin because ethereum platform was given most of the cryptocurrencies to use the blockchain technology.BCash ot bitcoincash for me is the most overvalued coin it is just  a copy of bitcoin with some tweaks higher blocksize?and faster tx confirmation? Nah if the lightning network will be implemented Bcash will surely come to its end,another coin that deserved to be the top overvalued coin is XRP the most centralized cryptocurrency coin which is being backuped by the bankers.
full member
Activity: 1274
Merit: 105
January 31, 2018, 09:59:12 AM
#78
I thing Etherium, NEO, Cardano and Stellar are overvalued now...
sr. member
Activity: 560
Merit: 250
January 31, 2018, 09:55:06 AM
#77
As for me, I think TRONX, EOS, and IOTA are overvalued altcoin in the market especially EOS since this project only have the whitepaper and people invest more than 7 billion USD for the idea.
jr. member
Activity: 57
Merit: 1
January 31, 2018, 09:49:49 AM
#76
There are many overvalued coins out there if you take into account their performance and price. However, even though I think that Bitcoin is one of them, it does not mean that it will ever be second. In overall Bitcoin is pretty crappy.
newbie
Activity: 80
Merit: 0
January 31, 2018, 09:37:21 AM
#75
the coins I see and fall most are nxt, and I am the one who experienced it!
full member
Activity: 420
Merit: 100
Harmony for One and All
January 31, 2018, 09:30:50 AM
#74
I am seeing some of the tokens are overvalued compared to their development and which are mostly utility tokens who are collected funds from people for their future development.
jr. member
Activity: 261
Merit: 2
January 31, 2018, 09:26:26 AM
#73
According to me every altcoins are best but if you are start right now you will start with Ethereum coin.It is a best coin and you will use it everywhere anywhere.
full member
Activity: 588
Merit: 101
January 30, 2018, 03:44:53 AM
#72
In my opinion, All hard fork coins of Bitcoin are the most overvalued cryptocurrency, copying Bitcoin source code and labeling it with another name that has "Bitcoin" on its name, with almost whole supply are pre-mined that are being distributed to all people that holds Bitcoin so that it will have a value coming from thin air, especially Bitcoin Cash that is trading over $1000 without having any use. Another overvalued cryptocurrency is Stellar Lumens, it is just a copy of Ripple so I can't see any special about this cryptocurrency, and it is now #6 in market cap lol.

I will not agree with the viewpoint of the author of this post. Ethereum true price is larger, and it is not undervalued. In my opinion, Bitcoin Gold is the cryptocurrency that should not cost so much.
hero member
Activity: 1203
Merit: 508
Manager of looking busy #citizencosmos
January 29, 2018, 08:39:08 AM
#71
I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins. Smiley

I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now.

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley
I think we will never answer definitely on this question, I personally considered xrp over valued since 2016 Grin imagine what I feel now, but I am pretty much sure that the only feeling I have is greed that inherent every human, because I could buy it at a very cheap price and did not think it would reach such highs.
member
Activity: 448
Merit: 10
January 29, 2018, 08:38:19 AM
#70
Ripple is most over valued coin in my view ripple supply is huge and centralised they can increase the supply overnight and pump the coins multiple times
newbie
Activity: 192
Merit: 0
January 29, 2018, 08:36:45 AM
#69
42 coin is most overvalued coin right now in my opinion https://coinmarketcap.com/currencies/42-coin/ , there is only 42 coins, but each coin cost right now 100k and price is quite stable, what you guys think?
full member
Activity: 644
Merit: 100
January 29, 2018, 08:34:11 AM
#68
IMHO there are a lot of overvalued coins in cryto) But top 3 in my list is IOTA, XRP, EOS. First two are fully centralized and price all depends on new and hype. Eos have very strange ICO.
Eth has a great price but also has a lot of usage in crypto. Only problem I see with ETH is an unlimited supply.
member
Activity: 308
Merit: 10
January 29, 2018, 04:42:22 AM
#67
There are many overvalued coins in the market. In my opinion, the most coin is overvalued by the coin ,bitcioin gold,ripple,waves,ethereum,neo.The transaction of this coin is very high. Daily this coin is a lot of trading.
member
Activity: 196
Merit: 50
OMNI TOKEN PLATFORM FOR PAYMENTS
January 29, 2018, 04:33:12 AM
#66
Well, for me the most overvalued coin are Bitcoin and Ripple.
They have no strong project but only because Bitcoin is the mother of all Cryptocurrencies and Ripple had become the most anticipated Billion coin supply but both of them have no community contributions.
There are a lot of undervalued coins today, they should be invested than those two coins I mentioned above.
newbie
Activity: 106
Merit: 0
January 29, 2018, 04:12:30 AM
#65
 i certainly do not know all the coins, but lately I have noticed two coins which seemingly out of nowhere occupy places in the top 10 of all coins: Tron and Cardano. I took a closer look at these two coins and realized that there is only an idea behind these coins and that the implementation is still a long way off. Although the intentions and technologies are described in great detail in the respective whitebooks, this does not justify a billion-dollar market capitalization for a long time.
sr. member
Activity: 462
Merit: 253
January 29, 2018, 03:04:00 AM
#64
Most overvalued coin?

0. Ripple, must be ~0.20$
1. Ripple
2. Ripple
3. Bitcoin Gold, must be under 50$

Most undervalued coin?
1. Dash
2. Monero/Zcash

+upvote for this, XRP lovers must take a close look on the charts, seems ~0.20$ is legit price lol



Ripple is a project which has its flaws, and also has its pros. I for one have held on to a little bit of ripple for months now, and it has given me very nice returns.


Going back to the OP, to decide which is the most undervalued coin, we should probably start looking at coinmarketcap's most valued, and decide if that value is legitimate. Bitcoin is clearly the culprit, it is definitely the most overvalued coin at this moment. It doesn't perform nearly as well as some other coins do, its earned some of that price being branded the digital gold, store of value etc etc, however the majority of that price is hyper inflated by the media. Turn on the news, grab a paper, or scroll through some news portals online - how often do you see the word bitcoin compared to last year? How many stories you can read of bitcoin millionaires?

People love the hype, and want to be part of it...
legendary
Activity: 1638
Merit: 1001
January 29, 2018, 02:52:17 AM
#63
Most overvalued coin?

0. Ripple, must be ~0.20$
1. Ripple
2. Ripple
3. Bitcoin Gold, must be under 50$

Most undervalued coin?
1. Dash
2. Monero/Zcash

+upvote for this, XRP lovers must take a close look on the charts, seems ~0.20$ is legit price lol

newbie
Activity: 39
Merit: 0
January 28, 2018, 07:09:29 PM
#62
I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins. Smiley

I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now.

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley
Well ethereum has smart contract and a lot of people are using it for ico, crypto kitties etc so it's certainly not overvalued. Bitcoin is overvalued because it is useless as currency and only act as a digital gold/speculative asset. Trx is overvalued because no matter what kind of potential it has, right now it only has a whitepaper and can't justify that kind of marketcap.
Pretty funny to hear that Bitcoin is useless as currency while it is used as currency since 2009 and still has a great success. Smiley When big company wants to support cryptocurrency, it definitely will add bitcoin, not ethereum. Smiley Smart contracts is a great technology, but who will we need ethereum without it? Not a lot of people. Smiley Because it is only about ICOs. While there is a lot of hype around ICOs, there is a lot of hype around ethereum. 2017 was a year of ICOs, but I'm pretty sure that in 2018 we will not see so much of them. Just because finally everyone will be tired of these crappy coins. Smiley IMO

p.s. cryptokitties are crap Smiley
newbie
Activity: 22
Merit: 0
January 28, 2018, 07:03:24 PM
#61
Ripple amd tron,  but thats just my opinion
newbie
Activity: 198
Merit: 0
January 28, 2018, 07:01:44 PM
#60
I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins. Smiley

I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now.

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley

Eth and also Btc are overvalued
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