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Topic: new coins are worthless! - page 28. (Read 29754 times)

sr. member
Activity: 2828
Merit: 344
win lambo...
March 24, 2019, 06:05:37 PM
I'll found out that though especially those coins coming from bounty programs which it eventually goes into nothing have a market value after listing. This might have a lack of the team support and marketing to help it out from being dead. It really disappointing to see like that and even it doubts for investors not to risk their money in participating ICO programs.
full member
Activity: 616
Merit: 100
March 24, 2019, 05:59:42 PM
We are always curious and wonder why then what causes so much speculation to appear or a different view. In my opinion, we all choose and believe in the way we do it, a simple example of Crypto's condition that looks bad and everyone is confused but they do it and invest in their own way. We just need to find out more information and improve everything and then believe in ourselves
full member
Activity: 630
Merit: 100
March 24, 2019, 05:13:15 PM
i think OP has recently experienced a biggest dump of his/her coins after the token sale or he/she invested on a fake project that turn the coin into shitcoin. i do not agree that new coins are worthless though almost 90% of them are worthless but still there some coins that is worthy to buy and hold because it has a big potential to grow and can solve real-life problems.
full member
Activity: 1442
Merit: 106
March 24, 2019, 05:08:06 PM
you are obviously talking from the experiences gathered in the course of transacting with certain coins seen as new but in reality a general conclusion can not be drawn from the little experiences gathered and again those new coins are yet to implement their roadmap so they are then termed useless.
member
Activity: 598
Merit: 10
March 24, 2019, 05:06:53 PM
Yes, most new coins are worthless at the moment, because I am sure that these worthless coins have small supporters and also do not have a lot of funds to develop their projects.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
March 24, 2019, 05:03:18 PM
Most coins are like that because they don't actually create an ecosystem for the token if it is an utility token. And if it is security token then there might be some problems/uncertainities with the assets backing them. That is why I put so much weight on actually making your own research before investing time or money into a project.
full member
Activity: 602
Merit: 100
March 24, 2019, 04:56:06 PM
Many projects struggle after listing. There could be many reasons for that: one is the bearish market, not enough demand for the coin, no use case for the project-no working product, no active development for the project etc.
42K
member
Activity: 364
Merit: 10
Erotic Industry on the Blockchain! RachelX
March 24, 2019, 04:37:45 PM
The argument that new coins are worthless, on my side I will say a big NO. This is because it depends on the coin you engaged in and also the type of project you joined or invested in.

There are some new coins coming which I think will overcome some of the old coins on the exchanges.
member
Activity: 336
Merit: 10
March 24, 2019, 04:36:58 PM
yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.

The market simply does not need the amount of coins that exists now. Really useful projects can be counted just a couple of hundred. All the rest start already stillborn with an attempt to collect investments and attract those who want to make money on speculation. And there are stupid people who invest in such projects.
jr. member
Activity: 707
Merit: 1
March 24, 2019, 04:33:17 PM
No they aren't, well maybe few. The top 100 coin in CoinMarketCap started somewhere (as a new coin) then owing to the team persistence they were able to scale through.  So I believe not all new coins are worthless, there are few which will bring a positive change in the world.
jr. member
Activity: 266
Merit: 2
March 24, 2019, 04:25:40 PM
Very correct. There are a lot of tokens/coins out there with absolutely nothing to offer. These projects were developed with ulterior motives. Their focus is often times how to take so much monies from ICOs and tokensales. This way, they keep loading their pockets with huge sums at the detriment of the project and its investors.
hero member
Activity: 924
Merit: 501
March 24, 2019, 04:09:07 PM
Now the cryptocurrency market is in a bad state, this is the main problem. But there are many more reasons why this is happening. For example, the wrong project policy or a bad idea.
hero member
Activity: 1470
Merit: 509
March 24, 2019, 03:28:45 PM
yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
It is normal in the current situation. First, we have seen most better ICOs retreating, and they will expect until better time. Also, everybody tries to evaluate better opportunities. Because, in the last price decrease everyone has lost enough, and nobody wants to lost more.
sr. member
Activity: 1372
Merit: 252
March 24, 2019, 03:11:45 PM
yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
Yes indeed most new coin coins become worthless and many make people hesitate to invest in them. But, if you have experience in investing into new coin coins, of course you will understand how to choose new coins that can benefit. But, if you feel doubtful, I think it's better to invest in the top coin.
legendary
Activity: 1596
Merit: 1034
March 24, 2019, 02:37:42 PM
yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
What you feel is the same as I feel and the fact has proven that every new coin that enters the market has no further price development, the new coin is created only for a moment of bubbling to get big profits in a short time
legendary
Activity: 1722
Merit: 1014
March 24, 2019, 02:28:13 PM
yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.

It's difficult to judge now when everything is dumped and many coins are almost dead. We will see how this will going to change when the high season comes Smiley
copper member
Activity: 476
Merit: 0
March 24, 2019, 01:59:13 PM
New coins are not worthless but due to low market , these coins are not able to rise to higher price. Let the market condition as it was before and then you wil see the difference.
jr. member
Activity: 308
Merit: 1
Free Crypto in Stake.com Telegram t.me/StakeCasino
March 24, 2019, 01:35:20 PM
There is and new useless coin and there is and old accurately such same , for example doge , I think need not generalize here , go good new coin tron eos
full member
Activity: 420
Merit: 100
March 24, 2019, 01:07:29 PM
i have to say that new altcoins are born everyday, thousands of them in crypto market but only small percentage are really useful and can be able to survive in the future, new atlcoins today are created to be pumped and dumped by whales from ICOs or exchanges, so unless a new altcoin gets attention from public by its specifications, it will become useless altcoin.
member
Activity: 868
Merit: 10
March 24, 2019, 12:05:57 PM
yes we know about that, because competition between projects also affects investor interest and most investors prefer old coins whose price movements are stable because the risk is not too large. different from new coins sometimes don't last long on the market and can even die when demand tends to be small. it all depends on how the team develops coins including new coins and old coins.
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