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Topic: new coins are worthless! - page 6. (Read 29760 times)

sr. member
Activity: 980
Merit: 253
June 12, 2019, 08:23:38 PM
For what I am observing right now, I will second the OP because there are no better alternative to the already existing coins. What are created are mostly some copy cut of what has been done already. But We cannot give the chance to only first coins so let's watch what these new coins have for us all.
full member
Activity: 854
Merit: 108
June 12, 2019, 07:54:42 PM
Most of the new coins are looks like worthless in this bearish market therefore they shall ensure that their project commodities are unique and feasible to the masses so that it could attract more people to invest but if the product its just like a copy paste from the others project then expect that the project will not success specially if the market is still in difficult right now.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 12, 2019, 07:35:41 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.

indeed, most of ico failed a lot especially in 2018, so many projects were unable to develop the platform they issued so they could not penetrate various exchange markets and the coins they launched were only shitcoin. in fact the project expects coins to be issued to have valuable value in the market, but cannot maximize to continue to develop the projects they have launched
If the market was quite flourishing same as the days of 2017 we could have seen those ico's getting successful without much lagging. 2018 was an year which is exclusive for market corrections which made those projects within the margin without any form of further development that carries forward the project. Most got bankrupt which is the reason for those getting termed to be shitcoins, those into continued development will succeed someday unlike the market trend.
hero member
Activity: 1764
Merit: 505
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June 12, 2019, 07:33:17 PM
I don't think all new coins are worthless, some need time to succeed/ while some are scam.  A few are doing well like VET, TRX etc. I encourage new coins to flow into the crypto market because a few will have more upgraded architecture than existing ones. This is healthy for the crypto space.

Maybe other people and analysts thought that new coins isn't worthy due to to current market struggles, but if this will survive and recover at greater price I think the worthiness of these coins will soon provide us enough profit. Don't just look on other previously promising coins, but as long as the community is active there's always a bigger chance that those slow moving coins will shine in the future.
jr. member
Activity: 238
Merit: 1
June 12, 2019, 07:15:34 PM
I think we cannot say all new coins are worthless, but we can say majority of the new coins are worthless. There are some new coins that has the potential, they might not show good progress now but in the long run they would develop and show some good stats. Some investors knew that already.
sr. member
Activity: 1470
Merit: 428
June 12, 2019, 07:00:22 PM
I don't think all new coins are worthless, some need time to succeed/ while some are scam.  A few are doing well like VET, TRX etc. I encourage new coins to flow into the crypto market because a few will have more upgraded architecture than existing ones. This is healthy for the crypto space.
jr. member
Activity: 552
Merit: 1
June 12, 2019, 06:59:15 PM
There should be restrictions on how coins are just being lunched. Although, that seems not to be possible, because there is yet no regulation binding on people or developers. There are certain developers that have more than one coin in the crypto space. They just keep on lunching new ones to extort people, instead on working on the already existing coin and develop it.
member
Activity: 378
Merit: 10
June 12, 2019, 06:42:41 PM
New coins are truly got nothing to do with worthless. Yeah some are worthless but that does not make any new coin worthless. Everything under the sun needs process to grow. Bitcoin, ethereum, bnb and the other top coins all started from somewhere before getting to where they are now. Let's give the new coins time and trust me, they will soar higher.
full member
Activity: 1750
Merit: 118
June 12, 2019, 06:25:04 PM
In my opinion, there is no buyer interest in new coins, because it is difficult to enter a large market and maybe some people will feel hesitant to invest in new coins.
any kind of investment I think requires confidence and so is the new coin,
Yes you need it because if you dont have a confidence you will end up on doubts or worst you might end up selling too early which is bad because you will either loose or you wont gain much profit . not all new coins are bad because top coins such as bitcoin today are also came up as a new coin before . you'l never know that the new coin that youl get will be the next bitcoin in the future .
full member
Activity: 638
Merit: 118
June 12, 2019, 06:23:48 PM
Not every new coin are worthless. Many new coins are very good and their price is growing continuously. Recently I was involved in Lition coin! They had a very strong time, that's why after listing on the exchange, Lition token price went to x2 from the initial ICO price! So, we are getting new good coins too!
sr. member
Activity: 672
Merit: 253
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June 12, 2019, 06:17:53 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.

indeed, most of ico failed a lot especially in 2018, so many projects were unable to develop the platform they issued so they could not penetrate various exchange markets and the coins they launched were only shitcoin. in fact the project expects coins to be issued to have valuable value in the market, but cannot maximize to continue to develop the projects they have launched
sr. member
Activity: 616
Merit: 250
June 12, 2019, 05:50:44 PM
In my opinion, there is no buyer interest in new coins, because it is difficult to enter a large market and maybe some people will feel hesitant to invest in new coins.
any kind of investment I think requires confidence and so is the new coin, of course, and for investment with something new, a process of time and trust is needed that is very difficult to obtain and certainly requires recognition from all people and investors themselves
sr. member
Activity: 1092
Merit: 256
June 12, 2019, 05:03:47 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.
maybe it's true what you say too many projects that make crypto themselves and on average all the projects haven't finished yet, still need a process and that makes them fall because people can't wait to wait
member
Activity: 536
Merit: 15
June 12, 2019, 04:39:44 PM
I think you are right to an extent, that some projects don't need to create a coin and most of these new projects are just recipal of already existing altcoins. But there are also some projects that are really needed and have a genuine reason to create a coin, they are just very few.
full member
Activity: 467
Merit: 100
June 12, 2019, 04:21:38 PM
Not all new coins are worthless. Some are great coins and have potential while others have no value. There are ideas coming up each and everyday in cryptocurrency so there'll be worthless as well as trustworthy coins. You need to be careful.
sr. member
Activity: 742
Merit: 250
June 11, 2019, 04:13:28 AM
Every day they create more and more new coins.  Which are really from their most part no one needs.  Because they are not productive.  And with such success, the market just clogs up.

No, with such projects there won't be anyone who cares, and then it will slowly die. I only feel guilty for those involved in investing in such projects
member
Activity: 658
Merit: 10
June 11, 2019, 04:07:06 AM
Creating a cryptocurrency forum is really extraordinary to do things in the future because a crypto coin can be made a real currency, on the basis that bitcoin and altcoin have the same good and positive results because all of them will die coins if we don't care
jr. member
Activity: 840
Merit: 3
June 10, 2019, 06:50:24 PM
in my opinion i do not see all new coins as being worthless, there are still some great ideas coming up in the cryptoworld , and you never can tell, a new coin might come with a great and determined Team and even supersedes the old coins. it all depends on its potentials and use cases of such coins.
jr. member
Activity: 63
Merit: 1
June 10, 2019, 05:14:27 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.

Mostly - yes, as they make some super big goals and can't reach them and just leave it. Or they working on it but it takes ages and price goes to 1 sat...
But some projects become small cap coins with their own service if they can create it.
member
Activity: 336
Merit: 10
June 10, 2019, 04:29:36 PM
I prefer to use the word "most" when describing these new coins because few like CHT is doing well. I have been reading white paper of some of these new projects and frankly, most have amazing idea. Maybe investors lost in ICO is the cause of the fall of most new coins
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