Topic: Old companies that implement crypto will always do fine (Read 266 times)
I have switched to old altcoins as well. Took me one year to understand that on such a market no new altcoin will bring profit. So 50 percent of my funds are in Bitcoin and it brings me more profit by doing nothing, than by taking part in various bounty programmes.
I completely agree with you, now new companies only want to raise a huge amount of money and after that they don’t want to do anything at all, but companies that have been working in the cryptocurrency field for a couple of years and on cryptocurrency technologies are constantly working to improve their technologies and capabilities, before companies thought not only about money, but also about their product, and now, unfortunately, companies think only about money.
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
I wouldn't say that companies which started off with crypto is necessarily a red flag in and of itself, because there are certain companies which genuinely offer crypto related services and that's just their entire business model.
What people should look out for are projects or companies which have no differentiating factor, operate in an already saturated market, and indefinitely asks for funding without any clear roadmaps.
Of course, old companies that implement crypto will be ideal, since they'd have both the exprience and expertise in their field already. However, it's not always possible to have a channel to invest in these companies.
Now there are no good ICO projects where you can invest your money with 100% confidence. I look for such projects every day, but I have doubts about all of them and I can not invest in any of them. Found only one project on which I can spend my time to participate in the bounty company. If all goes well, I will eventually invest my money in it.
You will only waste time if every day you are looking for projects that are 100% good and safe for investment. It's hard to get a project that is 100% safe as you are looking for. Many projects now are not good enough to invest money there, but not all of them are bad either. At least there is something that gives investors the opportunity to make a profit. I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Agree on point one, but in my opinion, beta testing of the project should take atleast 1 year before they implement their project, at the same time it gains market or people, and it creates hype that will allow people to be excited upon the project other than debugging the errors of the projects such as an exchange. IF they will about to launch it without even conducting an experiment about it, there's a huge chance that it will be just outnumbered in the market.
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Now there are no good ICO projects where you can invest your money with 100% confidence. I look for such projects every day, but I have doubts about all of them and I can not invest in any of them. Found only one project on which I can spend my time to participate in the bounty company. If all goes well, I will eventually invest my money in it.
i disagree.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
Let us segregate the outside of crypto innovation to the inside such as project implementation and launching. basically, what we are pertaining to say old companies, are old cryptocurrency projects that is already working. in that umbrella, not all are trusted, especially those newly started projects that we can even classify at first if it is a scam or not. That is why we think that old cryptocurrency with working platform or product is much better than new ones. but let us not forget the fact that if a project is really good, it will definitely become successful.
The failure of most projects these days is attributed first to the fact that they have nothing to offer. So if you are told that they are giving or building a project I return, it is usually a means of deceiving people, because at the end, it will fail without any product. So, if a team already have a working product, to succeed is quite very easy, because the trust can easily be built from there.
indeed there are many old projects that can provide good development and of course they give confidence that is difficult to get many new baaru projects that are not too good, investors are more interested in older projects that are already well developed.
Point 1. Indeed, a good project takes a long time I'm sure with that time they will work optimally so that the products they run smoothly have no obstacles, indeed investing must be considered more mature so that they do not regret it, because new projects cannot be implemented now. call promising.
Some situations may not do good for a while but along with reliable, and sustainable development those companies that adopts crypto could eventually be successful. Long term goals should be a motive for the projects, and not within a short span of time. We must consider those ideas as well.
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
Not all new projects can improve constantly. They need time to run the roadmap and develop their MVP. In this case, old companies can be more trusted since they have proven their existence for years. If you don't dare taking high risks, then just choose coins/tokens backed up by old companies.
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it
Indeed. But we must be selective and not directly believe 100% with the future of the MVPs. Know the strengths and weaknesses of the MVPs!
That's true. I myself love old projects and follow some of them. They show how they develop. What you can expect and what profit you can get in the end. Yes it will not be like in the early X10 or something like that. it seems to me that such times are over. But it will be stable and good growth, which can give even more benefits.
As Tabas said, the old project also did not guarantee success, even some of them also pretty much lost the competition and gone.
Although there's an impressive interest that will come to them especially if they have established name and also popular. I've understand the good thing that op is telling about old companies. There's still a reason for that because scam is going to be lowered. However, the interest coming from the company is going to be another question.
i disagree.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
I think OP is pointing to identifying good projects from scam projects, company based blockchain projects are in existence so many would want to invest in such company because of the real life product, its different from projects that are built few months back and looking forward to raise fund with no real working product the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
i disagree.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
Point 1. Indeed, a good project takes a long time I'm sure with that time they will work optimally so that the products they run smoothly have no obstacles, indeed investing must be considered more mature so that they do not regret it, because new projects cannot be implemented now. call promising.
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Yup, that is one of the good projects that we should support. The one that are already existing and only wants to implement cryptocurrency in their mode of payments or use blockchain. But I still believed in some startups that want to turn their ideas into reality. And we should continue to support this kind of project to innovate or revolutionize the whole industry. 1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
If old companies release crypto project i will gladly join or even promote such project because it shows they are real and have a real life working products, how many projects have working products this days? its really not a bad option 1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Old companies or not this doesn't mean the project can't fail but they do have better chances because they must have had their own strategy since existence of the company and its another way to know that a project is real or not unlike new projects that come out of nowhere, you did have a point
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
You probably don't understand What Blockchain is about. I doubt if the so called old companies will build real decentralized projects. They will probably create tokens on top of existing Blockchains or build brand new Blockchain for their cryptocurrencies. We need something different. We need projects that are well decentralized.
developer might works on terms with early entrance of initiation as preparing use with distinctive on different unit on identification to gives with selection of use with the variable of strings on assumption and returns with extensive to prepare of models on reference as qualifying notables on customs with work on deductive arrange of evaluation.
Nice thought, the crypto market is maturing now, and all participants too, need time and patience to see the working project with real users.
It is not just the market that is maturing now or the project running on the market. It is us, the participants of the cryptocurrency space that are getting used to the systems that are running. In this regard, it might be somehow assured that there will be less supporters of nonsense projects that will be launched in the market. We should always focus on projects with potentials, and we should always be good at filtration.
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Thanks for this, there is no better truth than what you outlined. Many upcoming projects nowadays are just here for quick profits, the team will be active during the initial stage but once public sale finishes they will go mute and when asked you will hear, we are working on our project and yet nothing to show for. Like you rightly said, good projects takes time to build and any existing platform coming into the crypto space is mostly looking for ways to Implement new technologies thus the reason they always perform well. Also, owing to the nature of this space, investors value real working product and when they see such, won't hesitate to participate. Your third point is just the nature of most projects nowadays and IEO is helping them achieve the goal of quick cash out. 1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Just be careful not to invest in companies that are old but have no tech experience on blockchain but want to implement crypto for pure buzz word reasons. Not every company has a knowhow or understanding in what blockchain is suited to solve better then a normal databas, but they want to glue the blockchain on top of it anyhow to solve problems that don't exist as they have already a workimg product or the solutions are better suited for a database. Always look for firms who can actually deliver the promises and they make sense even to experts.
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
Yes, Most project owners are only concern about what they can gain from naive investors, they don't have any deep interest attach to what they offer the public, although will still have some few genuine once around,1. Good projects takes time to build, they aren't rushed so they take lots of time in development
Tell me about it, unfortunately majority of crypto investors don't see this aspect, once a project is lunched they expect to see x100 profit in the next few days otherwise that project can't be trusted, an actual project with use case will definitely takes more time to develop.2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
Or even a new project can still develop towards creating a working product for that project to have a real value, i guess this is the problem with most new project, not an existing product and not making plans towards developing one, their only aim is to generate money and flee. 
"Our veggies are grown on blockchain!"
Well established companies, that make their living will remain this way despite having the blockchain or not?
Above exaggerated example of a slogan, may be a good example on how not to incorporate the technology.
When a company goes crypto without having a good reason for it, without understanding but only cuz it became trendy then some sort of image loss is highly possible. When following trends, only for the sake of it, puts somebody in ridiculous situations, good chunk of customers will notice and condemn. So I can say I'm entirely in agreement with your main thesis.
Well established companies, that make their living will remain this way despite having the blockchain or not?
Above exaggerated example of a slogan, may be a good example on how not to incorporate the technology.
When a company goes crypto without having a good reason for it, without understanding but only cuz it became trendy then some sort of image loss is highly possible. When following trends, only for the sake of it, puts somebody in ridiculous situations, good chunk of customers will notice and condemn. So I can say I'm entirely in agreement with your main thesis.
Well, the point with investing on new projects is that you get a chance to enter early and IF the project becomes successful you'll probably have a huge profit. But better profit comes with bigger risks too, so it's your choice what you want to do? Accept the bigger risk for a chance to have better ROI, or keep the risk low and be happy with any profit you take.
I agree with all of your opinions but one thing that you should know that.
As far as I know, a lot of projects are not rushing to get quick gains, but, they are getting so many pressure by the short term speculators.
I'm even watching so many telegram groups from the various projects. A lot of companies and platforms and they are always getting pressure by the speculators that bought their token for long term or short term investment.
I'm not willing to create such an advertisement, but this is just an example. I invested in a company called crypterium. Crypterium company is always getting pushed by the buyers and speculators. The speculators and buyers didn't care if a proper development result can't be achieved in a short time. Even these speculators have called crypterium as a scam if the company may get delay due to the various reason just like a technical problem.
An excellent project indeed takes time, but investors can't be patience for that.
As far as I know, a lot of projects are not rushing to get quick gains, but, they are getting so many pressure by the short term speculators.
I'm even watching so many telegram groups from the various projects. A lot of companies and platforms and they are always getting pressure by the speculators that bought their token for long term or short term investment.
I'm not willing to create such an advertisement, but this is just an example. I invested in a company called crypterium. Crypterium company is always getting pushed by the buyers and speculators. The speculators and buyers didn't care if a proper development result can't be achieved in a short time. Even these speculators have called crypterium as a scam if the company may get delay due to the various reason just like a technical problem.
An excellent project indeed takes time, but investors can't be patience for that.
Nice thought, the crypto market is maturing now, and all participants too, need time and patience to see the working project with real users.
I think we need to pay attention to how much time it takes to get the product ready. Of course, we will wait 5 years for the product which will take 5 years to be ready. But, some of products are not a physical aset and do not require time to create it. Briefly I look at what the product promises and I don't have any problems with time. I guess the reason for thinking like this is the increase of scammers, but there are always good ones.
That's right, most new projects are getting quick gain. After that, we cannot see good gains with those coins. The main thing is project updates. We called it a fundamental analysis for it. The important thing is, the project needs a good development team to continue future updates. The marketing is an another important thing too. That's why we need own research before investing in any project.
for point 1. yes, for the development of the project it takes time, although, like that, I still keep thinking of supporting them. Why ? because developments in new projects will pave the way for the world to know about the technology that is developing today.
I also understand that there are quite a lot of bad projects, even getting a red flag before they start the project. however, there are several projects that are still worth supporting. As Tabas said, the old project also did not guarantee success, even some of them also pretty much lost the competition and gone.
this is not an old or new project problem, but this is a project problem that is developed/made suitable for competition or not.
I also understand that there are quite a lot of bad projects, even getting a red flag before they start the project. however, there are several projects that are still worth supporting. As Tabas said, the old project also did not guarantee success, even some of them also pretty much lost the competition and gone.
this is not an old or new project problem, but this is a project problem that is developed/made suitable for competition or not.
The companies and projects that you have mentioned is even new to me. I don't know about them and I understand your whole point of disappointment with the projects that we've got in the community. It's no longer a secret that many of these projects aren't really going to work for their proposals after they've managed to gather a good amount of fund from their investors. But even an old company that will adopt crypto, this doesn't guarantee success to them. It's good to see them adopt but still a large number of people isn't ready with this kind of adoption.
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Based on past performances of many start ups, I have to agree with the above. 2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
No. 3 is all about promises and we should all know by now that empty words are not worth a penny. Ideas are good but a relevant working product is what it takes to survive in today's competitive crypto market.
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.
Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
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