So many altcoins | Bitcointalksearch.org

plvbob0070

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Quote from: Pamadar on December 18, 2019, 08:38:17 PM

Quote from: Tiennou74 on December 18, 2019, 04:29:23 PM

Many Altcoins can confuse but if you can educate your self with way is right and which is not then quantity does not matter. Try to find quality project then it may sharpen your mind.

Thanks

Sorting quality projects and pick the right one which you think that can brings up good outcome is still possible, there's no limitations aside from your own assessment. Even there's a lots of alts most of it are just created to scammed up investors money, you need to observed, analyze and study carefully as there's always fluctuations and a lots of surprising movements to anticipates. Be positive and calm ahead while aiming for success.

It's totally difficult for me to sort the quality projects and scammed projects. I'm too careful with my investment that's why I only invest in well-known altcoins just like Ethereum and Ripple. Once you see a new project or new altcoins make sure you will conduct a study about it because in just blink of seconds it can take your money. I agree that we should always be positive especially in our investment in altcoins and remain calm because success always takes time to achieve.

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Quote from: inanilujimi on January 06, 2020, 11:41:02 PM

The problem right now is that most people don't think about technology and crypto progress but only think about how to make a big profit in this industry.
It's really ironic, but here are the facts.
This is what makes it difficult for altcoin to still exist in the market and always depend on bitcoin.

Like I keep saying, the problem is on both ends,,, the developers and the investors. Both are speculators, both actually know incredibly little about the technology and have no intention to actually use it. Ask the CEOs of projects do they even actually use their own product (if they even have one) and 99% will even not know how to use a crypto wallet.

Ironic is not the word. Reality simply is.

bangjoe

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Quote from: trickshot22 on January 06, 2020, 05:13:22 PM

No, there's almost no potential in any of the new coins, if the new projects were full of new experimental coins that might not last long but were actually trying new ideas, I can assure you that the altcoin market will be full of investors trying to support developers to their best of ability, but what we see is a bunch of talentless developers making the same coins again and again,

I also think of their concept which is actually quite good, but their post-sales ability is very low. so failure, incompetence, and deception can almost be said to be the same. The failure space of a quality new project is finally exploited as an opportunity for the entry of various fraudulent projects. I think it's time to trust only coins that are already strong enough to survive, and close the trust for new coins until the trend changes for the better.

inanilujimi

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The problem right now is that most people don't think about technology and crypto progress but only think about how to make a big profit in this industry.
It's really ironic, but here are the facts.
This is what makes it difficult for altcoin to still exist in the market and always depend on bitcoin.

pealr12

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Quote from: WannaCry on January 06, 2020, 12:00:40 PM

it is! there are a lot of altcoins already but every day there are new projects coming out. some of them have the potential but later on developers will abandon them as well if they already get their shares.

a projects depends on how active the team members and thier dedication to develop the project to have real use cases, second is the token sale , it more effective to conduct ieo on major exchanges. And lastly always keeping thier social media accounts avtive.

trickshot22

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No, there's almost no potential in any of the new coins, if the new projects were full of new experimental coins that might not last long but were actually trying new ideas, I can assure you that the altcoin market will be full of investors trying to support developers to their best of ability, but what we see is a bunch of talentless developers making the same coins again and again,

WannaCry

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it is! there are a lot of altcoins already but every day there are new projects coming out. some of them have the potential but later on developers will abandon them as well if they already get their shares.

Pelunize12

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Quote from: drachman on December 16, 2019, 08:49:43 PM

Quote from: Pelunize12 on December 12, 2019, 02:54:04 AM

Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

although there are many new shit projects, but it doesn't mean that all new project is not usefull at all
bcz there are still a few new project which is really good. dont do generalize

you just become smart to find the good one, do some deep researchs is the key

You are just repeating what everyone keeps saying, everyone says that we must find a good project to invest our money, have you taken a look at the market? There are thousands of coins, who has the time to go through all of those projects and see if any of those is good, I am not going to waste my time doing it because I can invest already in the best project that this market can offer and that project is called bitcoin no other coin comes close to what bitcoin has achieved so there is no point to look for other coins when I have the best investment option right in front of me.

lol it doesnt mean that we have to look all coins. The simpe way to see a good coin is from its marketcap. Good coin usually has high marketcap. Bcz it is valuable.

The others are just a shit and copied from the good one. Not hard at all to know those shit.

Pamadar

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Quote from: Tiennou74 on December 18, 2019, 04:29:23 PM

Many Altcoins can confuse but if you can educate your self with way is right and which is not then quantity does not matter. Try to find quality project then it may sharpen your mind.

Thanks

Sorting quality projects and pick the right one which you think that can brings up good outcome is still possible, there's no limitations aside from your own assessment. Even there's a lots of alts most of it are just created to scammed up investors money, you need to observed, analyze and study carefully as there's always fluctuations and a lots of surprising movements to anticipates. Be positive and calm ahead while aiming for success.

Tiennou74

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Many Altcoins can confuse but if you can educate your self with way is right and which is not then quantity does not matter. Try to find quality project then it may sharpen your mind.

Thanks

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Quote from: joshy23 on December 13, 2019, 10:19:46 AM

Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

The said opportunities mostly turned into losses as the new project developers are scammers, they are just around creating new coins/tokens then collects funds and runaway with investors money. It's tough nowadays to expect same result from the past market like 2017, though there's some coins that still can be use to invest and gain profits but the risk is really getting higher.

that's related to the ICO story for this year but not so many scammers can do IEO except a crap exchange site who has already allowed the scammer to listing its crap ico into the IEO platform.
i will never expect the same result as the fundamental of the current market looks very different.

drachman

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Quote from: Pelunize12 on December 12, 2019, 02:54:04 AM

Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

although there are many new shit projects, but it doesn't mean that all new project is not usefull at all
bcz there are still a few new project which is really good. dont do generalize

you just become smart to find the good one, do some deep researchs is the key

You are just repeating what everyone keeps saying, everyone says that we must find a good project to invest our money, have you taken a look at the market? There are thousands of coins, who has the time to go through all of those projects and see if any of those is good, I am not going to waste my time doing it because I can invest already in the best project that this market can offer and that project is called bitcoin no other coin comes close to what bitcoin has achieved so there is no point to look for other coins when I have the best investment option right in front of me.

carlisle1

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Quote from: wajik-tempe on December 13, 2019, 09:38:27 AM

Quote from: Wildwest on December 13, 2019, 04:08:40 AM

Many new altcoins appear, a good thing for the future of cryptocurrency, with many altcoins will be able to pump market prices back from the dump, but during the bitcoin dump, many new projects are not qualified so that many make spammers so it is difficult to choose which projects new ones that have potential for the future, if we are really careful in seeing new projects, I'm sure there are still good new projects

Not really good because most of them are scam, this will make investors confuse especially new investors who don't have any crypto knowledge they will invest in random projects. So the impact is the good projects will lost it's chance to get many investors because those investors are investing in bad projects, i think in the upcoming years the rule of making crypto projects should be more strict

not only scams but generic projects,most of the new comers project has been copied from the existing currencies so there is nothing new and future from those because investors loves unique and original concept to become investors.

Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

because they cannot be trusted and not profitable as well.

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Quote from: joshy23 on December 13, 2019, 10:19:46 AM

Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

The said opportunities mostly turned into losses as the new project developers are scammers, they are just around creating new coins/tokens then collects funds and runaway with investors money. It's tough nowadays to expect same result from the past market like 2017, though there's some coins that still can be use to invest and gain profits but the risk is really getting higher.

Once we've entered into cryptocurrency the risk is high, we need to learn little by little out of the market changes. We can't blame the project developers, earlier too this has taken place. But that isn't talked much as the growth those projects attained gave good earning. Further if they run out of the market too doesn't matter. From those days very few projects are keeping themselves updated and developing new things while majority has took their earnings and left.

Taking the profit out of the investors and moving away is happening even in this present time period, because the investment made or the buying is done through internet and not through direct face to face conversation.

joshy23

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Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

The said opportunities mostly turned into losses as the new project developers are scammers, they are just around creating new coins/tokens then collects funds and runaway with investors money. It's tough nowadays to expect same result from the past market like 2017, though there's some coins that still can be use to invest and gain profits but the risk is really getting higher.

wajik-tempe

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Quote from: Wildwest on December 13, 2019, 04:08:40 AM

Many new altcoins appear, a good thing for the future of cryptocurrency, with many altcoins will be able to pump market prices back from the dump, but during the bitcoin dump, many new projects are not qualified so that many make spammers so it is difficult to choose which projects new ones that have potential for the future, if we are really careful in seeing new projects, I'm sure there are still good new projects

Not really good because most of them are scam, this will make investors confuse especially new investors who don't have any crypto knowledge they will invest in random projects. So the impact is the good projects will lost it's chance to get many investors because those investors are investing in bad projects, i think in the upcoming years the rule of making crypto projects should be more strict

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Quote from: Wildwest on December 13, 2019, 04:08:40 AM

Many new altcoins appear, a good thing for the future of cryptocurrency, with many altcoins will be able to pump market prices back from the dump, but during the bitcoin dump, many new projects are not qualified so that many make spammers so it is difficult to choose which projects new ones that have potential for the future, if we are really careful in seeing new projects, I'm sure there are still good new projects

The first step is the bull market, the rest will follow each other. The manual intervention is impossible,e and this kind of intervention can ruin the reputation of any project before they run out of the money. The new projects don't have a better perspective compared to the top 10 altcoins. The high interest is necessary for launching the new project, otherwise, it is not different to gamble with the additional money on volatile markets, especially in the bear market.

Wildwest

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Many new altcoins appear, a good thing for the future of cryptocurrency, with many altcoins will be able to pump market prices back from the dump, but during the bitcoin dump, many new projects are not qualified so that many make spammers so it is difficult to choose which projects new ones that have potential for the future, if we are really careful in seeing new projects, I'm sure there are still good new projects

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Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

Personally, I would like to see more partnerships and ways to spend the coins than I would see coin devolpments. We're at the point now where new ideas are going to be hard to come by. I think it would be best if we focused more on actual use cases for the already existing coins than we do the development of useless coins.

Pelunize12

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Quote from: cassavachips on December 12, 2019, 02:41:16 AM

Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better

although there are many new shit projects, but it doesn't mean that all new project is not usefull at all
bcz there are still a few new project which is really good. dont do generalize

you just become smart to find the good one, do some deep researchs is the key

Topic: So many altcoins (Read 1783 times)