Author

Topic: Most overvalued coins (Read 227 times)

sr. member
Activity: 521
Merit: 256
September 20, 2017, 04:32:57 PM
#2
I think Bitcoin Cash is the absolute winner of this competition.
It brings nothing new, it's basically a copy-paste coin. Nobody is using it, there is basically zero transactions on that network.
The price is high only because it was artificially pumped. Pure speculation.
The actual market cap is total bullshit, because a huge number of BCH coins is stuck somewhere indefinitaly as many people have no idea how to get those from their BTC wallets, or can't get them for other reasons.
full member
Activity: 168
Merit: 100
September 20, 2017, 04:17:12 PM
#1
So alot of people here try to find the most undervalued coins to polish up the porfolio with some real gems but what about the most overvalued ones?
Share your opinion on your personal no go coins.


For me it is:

Bitcoin Cash - It's not Bitcoin, it's not cash for me it's just a failed project formed by miners to take over Bitcoin.

Ripple - Crypto is trying to give us independence and freedom from the centralized banking system via decentralization. So why is that coin even on the list?

Dash - When I got into crypto half a year ago there were many discussions about wether Dash is a instamined scam or not. I never got really warm with this coin since I thought they focued more in advertisement then on the tech. But I have to admit that I don't really know the state of affairs at the moment.
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