Topic: There will be many tokens that go to zero. - page 11. (Read 18969 times)
That will surely happen as it's already happening to most of the new developed coin in late 2017 and early 2018, And the major reason is that most of this projects don't have a significant purpose of creating them than fast trading due to the situation then, and probably majority of them are scam. So seeing them below zero is not a surprise they will still die off.
Most of these tokens are still only temporary, because many are not even bad projects die for any reason. Of course the bear market has an impact on this, but I don't think it's just because of this.
I wish that this is not going to happen. Imagine that all of these tokens (companies) become successful and replace classic non-blockchain solution. The world would become a better place.
Ever since there are tokens and coins getting to zero value or worthless coin, that is why it's very important to keep track of your coin and check for the sign that it is going to be useless coins, usually, the dev stopped updating their platform and they are not answering their social channels.
2017 and 2018 were very good years for ICOs and ICOs invetsors because nobody thinks about the possible bubble crash.
Now, many people realized that utility tokens are really worthless and that is the reason why they are going to zero.
Now, many people realized that utility tokens are really worthless and that is the reason why they are going to zero.
In the eyes of the public, a large number of projects related to ICO have been deemed defective because of the frequent involvement of ICO developers who steal the DOLLAR of their investors. This thing is usual done before the funds they collect are met or far from the target they expect. I think bad history/chronology like this seems difficult to repair even though with any effort, because most people who like cryptocurrency will return to the main coins of bitcoin or altcoin and not token that's misleading.
But the team was not really care about token going to be a zero price because they got a major coin fund from a ICO Phase and fixed usd estimation. Every ICO always have something like this.
Yep in some way that is true. At this moment in this market there are lots of coins. And many other first them are not worth anything they just do some ico and failed after that. They lists their coin in a bad exchange after sometimes they haad no volume till now. So this kind of projects will be dead in fee months. And many project in is just a copy of something or just they don't have any use cases. So yeah after sometime or in long run. Many of these project will go to zero.
ICO experienced a boom at the end of 2017 - early 2018, which was followed by failure when prices dropped and state and federal regulators cracked down on projects that were in conflict with securities law.
https://cointelegraph.com/news/most-digital-tokens-will-go-to-zero-says-digital-currency-group-ceo
The majority of digital tokens will not have long-term value.
Due to lack of support from crypto community. We should expect that many more tokens will lose their value. I am sure that there are only tokens will survive in the market because of their potentials. https://cointelegraph.com/news/most-digital-tokens-will-go-to-zero-says-digital-currency-group-ceo
The majority of digital tokens will not have long-term value.
Its only a dream if someone believes that all crypto coins will survive because many coins have no real use ,the only reason that this coins still exist is because there are still people buying them ,always go for coins that have reason of its existence ,they will always be alive
Not having long term use is expected because during the boom a lot of project started off on a wring footing just to get into the market without strong background use. Projects like that ended up disappointed investors. These are all good because it finally make a better project to come out
This was expected, because sooner or later, many people see that there are no products behind a multitude of projects, and therefore no one needs their coins and they will not be worth anything.
True. Cryptocurrency market is very vast. The vastness keeps on increasing because if every day 10 new coins or tokens are launched 5 are gone to zero also. .
To survive an altcoin needs to have some kind of USP and I do not believe that all the 2000+ coins currently listed on coinmarket cap all have some unique USP that will power them to success.
If the token does not have a volume and the enthusiast does not exist, the token will be zero and useless. So this condition will give a negative thing to the holder, so before the token becomes zero we must immediately throw it away.
Naturally, if the token in the list becomes zero because it is not able to develop and there is almost no interest from investors.
Naturally, if the token in the list becomes zero because it is not able to develop and there is almost no interest from investors.
This is a known fact most projects don't need blockchain technology some others don't have utility some are scams. It's natural they die off due to lack of utility or lack of funds to continue their development.
This is my anxiety. The number of new tokens popping up, while the old token is not handled. So the value of the new token is not necessarily successful. And the value of the old token is not worth or zero. The old tokens should have been tried to increase in value without having to create a new token.
Never mind token, the coin without development and no demand in the market at all, will go to zero or the worse thing is the coin/token will die, for sure.
There are already some tokens that have gone back to zero prices on the market. Sometimes it is due to the fact that these coins do not have any real life usage, thus there is no product which backs these coins or the product may not be of high demand to the general public. This is one of the most important factors which keeps a coin alive on the market.
This bear market we have seen many tokens which went to 98 percent down and even to zero even exchanges are struggling to handle the trades but once the eth price bounce back to 250 dollars we can expect again gain in prices
difficult conditions like this making a lot of cryptocurrency, not only projects ICO, experience decline in terms of price and rate, of course it's natural, some projects may experience shocks, even many of them die or go to zero because they can't survive, so look for a strong project dude! Jump to: