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Topic: There will be many tokens that go to zero. - page 14. (Read 18969 times)

hero member
Activity: 1680
Merit: 505
February 26, 2019, 10:55:38 AM
I agree with that..95% of actual coins will be dead in less that 2 years in my opinion because they have no concrete usage or adavantages compared to most popular ones.
In 2018, I have more than 40 altcoin in my MEW wallet and its total value is more than $ 10000. And until now I still hold it and its total value is $ 120, In fact there are more than 30 altcoin dead and the rest is much reduced.

Unfortunately, this is how the market works. With large declines the largest currencies (btc, eth) are able to survive the crisis. The smaller ones lose much more and it is hard for them to stay on the surface and then a large number of them is dead.
sr. member
Activity: 594
Merit: 250
February 26, 2019, 10:38:06 AM
It will happen in the following years if that team or company won't do anything that will lift their project from the bottom. Today i had seen many tokens that hit below their ico price and i don't know if they can sustain in that level or they will go much deeper or will back again at the ico price. I had very cautious now in investing my money in icos because there are a lot of scam project. If those people won't do or develop their product in the long run, it's safe to say that they will eventually to a no value token and it will create a dump scene that will lead to the price to zero.
full member
Activity: 672
Merit: 100
February 26, 2019, 10:30:59 AM
It really seems to be true, because today many projects did not have time to do anything and they for the most part do not correspond to the roadmap that they published in white paper. I think that all this greatly reduces the chances of trust.
full member
Activity: 658
Merit: 103
February 26, 2019, 10:15:02 AM
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.
That's why we should ensure first the potential of the token before we buy it in order for us to guarantee that its value will never go to zero. Shitcoins are scattered around the market and it is really hard to pick wise altcoins nowadays.
member
Activity: 259
Merit: 17
February 26, 2019, 10:13:19 AM
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.

Your post is so old in fact some coins that were created in the last seven years are not existing anymore it is just now that we felt that so many coins are going shitcoins because there are new ICO being launched almost daily ICO is dilluted by bad ICO.
full member
Activity: 854
Merit: 101
February 26, 2019, 10:11:02 AM
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.

Actually there are a lot of altcoins that have fallen and became valueless. The bearish market last year and currently ongoing has affected a lot of projects that some left the market because no investors patronaged their project. So, the team has no choice but to stop the project. This is unfortunate as some of these projects has really practical use and good potential.
full member
Activity: 528
Merit: 100
February 26, 2019, 09:53:45 AM
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.
Actually it now happened, there are now many altcoins that decreased their value due to the market challenges. There are only few altcoins that have unique characteristics in order to survive in the obstacles in the market.
full member
Activity: 350
Merit: 100
February 26, 2019, 09:48:14 AM
investors cannot hold their tokens for a long time, so the trust in the token is lost.
and the price fell very deep, there was no innovation from the team so the token became garbage.
I found it a lot
I invested in ICO in May 2018 and until now its price has decreased by more than 70 times. It was the first time I invested in ICO and it was the last time, I believe that in the next 1 year all ICOs will die and that 80% of altcoin will go to zero
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
February 26, 2019, 09:42:23 AM
Am not disputing that fact as many token has no useful thing to offer and this bear market will expose many of them has they will find it difficult to  climb again with the rate in which many token are coming out everyday which will make many product being forgotten by the investors once they are not having any potential in giving return to the investment.
jr. member
Activity: 221
Merit: 5
February 26, 2019, 09:26:28 AM
If there's no use cases or any real community around the coin, and the deveuteam have left, then the coin will fall to zero fast. The problem with most coins are that they have no real purpose.
Most coin on coin market cap are in reality dead coins, but people still buy and sell them.
member
Activity: 574
Merit: 14
February 26, 2019, 09:21:08 AM
The market boom in 2017 drew a lot of speculators to the market, investor did not really care if tokens had any useful contribution in terms of value proposition, much of the market was driven solely by speculation (that is why leading platforms for example thrived back then), when this trend was broken,they saw a lot of these tokens being valued for what they are-that is zero.We will have more of them going to zeros, many ICOs are copy-cats or with no value proposition. For example, Why on earth should someone design an erc-20 token to used as a means of payment in shops?
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
February 26, 2019, 09:20:09 AM
Well probably yes,that many tokens will go to zero because of that, but still many good tokens will survive for the long run

Those token that will survive for the long run maybe few as we have seen in the past years. There are tokens purposely made to spam while others are solely created for scam purpose, so, one should not expect good from those created to spam and scam, they will all end in ZEROS not even one will survive.
sr. member
Activity: 812
Merit: 250
February 26, 2019, 09:14:03 AM
I agree with that..95% of actual coins will be dead in less that 2 years in my opinion because they have no concrete usage or adavantages compared to most popular ones.
In 2018, I have more than 40 altcoin in my MEW wallet and its total value is more than $ 10000. And until now I still hold it and its total value is $ 120, In fact there are more than 30 altcoin dead and the rest is much reduced.
full member
Activity: 602
Merit: 100
February 26, 2019, 09:10:42 AM
I agree with that..95% of actual coins will be dead in less that 2 years in my opinion because they have no concrete usage or adavantages compared to most popular ones.
member
Activity: 560
Merit: 10
February 26, 2019, 09:09:35 AM
In a free and competitive market, such thing is expected to happen. If one cannot perform well, another will surpass it and go on to dominate the market. So is happening in the crypto market too. There are many coins that have been established without their any goals and such projects are sinking also due to many reasons like financial problem. So the market will have only the good and competitive projects.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
February 25, 2019, 07:25:41 PM
investors cannot hold their tokens for a long time, so the trust in the token is lost.
and the price fell very deep, there was no innovation from the team so the token became garbage.
I found it a lot
But most of them are investors which have bought at the top price. They wanna see the price to go back again and that's why they called that as a scam or something else. Becaus they can't afford to lose their money.
full member
Activity: 658
Merit: 100
February 25, 2019, 07:20:21 PM
investors cannot hold their tokens for a long time, so the trust in the token is lost.
and the price fell very deep, there was no innovation from the team so the token became garbage.
I found it a lot
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
February 25, 2019, 07:20:13 PM
Most tokens tend to zero, because they are primarily of speculative interest and are not suitable for practical use. Projects that are truly beneficial to the crypto community appear extremely rare and live much longer than one year.

I can say that 95% of tokens have no real use in real life, so yes, they turn into garbage, or into a speculative tool on the market for a while.
full member
Activity: 714
Merit: 101
February 25, 2019, 07:02:02 PM
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.

Most tokens tend to zero, because they are primarily of speculative interest and are not suitable for practical use. Projects that are truly beneficial to the crypto community appear extremely rare and live much longer than one year.
full member
Activity: 529
Merit: 101
February 25, 2019, 06:59:55 PM
Yes, you are right. In the crypto market, we have more than 3000 coins right now! But most of them have no volume or not enough volume to mention. In my view, I pick only 500 coins, which will live, otherwise, I don't have any hope about others 2500 coins! Crypto market's volume is not that bad right now, but people stop trading with all coins, they chose the best one to trade and shit coins will die forever!
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