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Topic: There will be many tokens that go to zero. - page 7. (Read 19000 times)

legendary
Activity: 1232
Merit: 1255
Most 'utility' tokens were simply created for the purpose of fundraising.
The actual ' utility' is sometimes quite questionable.
full member
Activity: 686
Merit: 104
Yes, I have invested so many tokens in last year, and I have found all the token have dropped almost 80% of value, I am all this shit coins will get zero in the future, but I never want to sell it in the cheap price.
member
Activity: 854
Merit: 21
The reality of cryptocurrencies is, most of this projects were never created with the long term use in mind with majority being scammed projects while others are just too technical for the average user and others are targeting industries with solutions that are just too complex.
member
Activity: 532
Merit: 12
No, it has already began. In my wallet unfortunately i have more than 150 shitcoins. I could trade some of them but i did choose to wait and they just got fade away.. I believe that we have too many coins in the market and every new day new coins borning. In coinmarketcap there are 2200 coins and i believe at least 5000 more which doesn't exist in CMC. So it would be some big coin pollution in near future and it won't be something good!
full member
Activity: 1002
Merit: 112
Unfortunately that is true. There tokens that went to zero but there still coins that survive and good for a long term hold. ICO's nowadays are just come and go or some are scams so investors preferred to buy once it hit the market.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Many project do not have future. Going through some projects whitepaper you will see that the project is just a imaginary thinking. If the moderators/authorities can stop most of these projects before they hit the market, it will be better.
There is no regulation in this sphere and useless tokens are not restricted by anyone. Projects don't want to be regulated and there are a lot of meaningless tokens that have the possibility to go zero.
That's indeed and look at announcement section of this forum and so many coins that created by various personality has already appeared and that's so annoying for me. But we need more restriction in the tokenization platform.
member
Activity: 742
Merit: 16
Thanks to the market condition presently many coins and tokens are dead because they have no reason of existence in the first place ,they have no working products at all which is a good thing ,the remaining ones that refuse to die are strong altcoins and mind you many will still die so the market price collapse is helpful
member
Activity: 770
Merit: 14
www.thegeomadao.com
Yes already many of coins have been dumped. Unlike in the past, the market now is becoming highly competitive and investors will not believe any project blindly. They need results and as a result, those projects failing to perform well will die ultimately. If we believe in reports, 80 percent of coins including ICOs have failed. So it seems majority of coins will be wiped off.
newbie
Activity: 11
Merit: 0
Only coins that prove themselves will survive and be used which is good because it will stop people making pointless coins in the future
full member
Activity: 938
Merit: 105
I have plenty of useless token in my wallet and I also have some tokens that become worthless,
Most of the crypto that I hold started to drop down and now most of them are just design to my wallet Grin.
I feel you dude, I also have token in my wallet and dashboard but until now they are not listed and others are listed but become shit token.
Probably these kind of projects are scam exit or dev didn't want to recover from a dept. Because in the year 2018 started with a bull run and until now the market didn't recover yet so probably they also have a loss from their investment.
sr. member
Activity: 1176
Merit: 301
I have plenty of useless token in my wallet and I also have some tokens that become worthless,
Most of the crypto that I hold started to drop down and now most of them are just design to my wallet Grin.
sr. member
Activity: 2254
Merit: 258
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.

It's long been happening, only those coins that have proven value and can deliver something to the community will stay, there are coins that have products and services to offer but unfortunately, they failed to generate support to the community and they end up giving up the project.
newbie
Activity: 13
Merit: 0
It would be good if a lot of these coins go to zero, it filters out the coins that are crap and leaves only the coins that actually have a purpose and use.
member
Activity: 1022
Merit: 10
the service of product on reference with the developer gives as one on contains with works on focus as objective to follows with shifts on expends as managing tasks on finance to put of token with the altcoin market of exchange.
newbie
Activity: 6
Merit: 0
Yes we will see a lot of tokens at zero soon because there have been so many useless tokens created that literally do nothing and are basically joke coins.
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
you need to choose good projects for investment, evaluate the team and the idea
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Many project do not have future. Going through some projects whitepaper you will see that the project is just a imaginary thinking. If the moderators/authorities can stop most of these projects before they hit the market, it will be better.
There is no regulation in this sphere and useless tokens are not restricted by anyone. Projects don't want to be regulated and there are a lot of meaningless tokens that have the possibility to go zero.
jr. member
Activity: 466
Merit: 5
Many project do not have future. Going through some projects whitepaper you will see that the project is just a imaginary thinking. If the moderators/authorities can stop most of these projects before they hit the market, it will be better.
newbie
Activity: 21
Merit: 1
100%. There are many already so many ICO's which somehow managed to get on exchange and have zero trading volume because they have zero value.  Just false promises.  That said though, it is shame for the rare high-quality projects...  I Believe the industry as a whole will recover though.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
As i see they don't make some importance the price of the token same to the volume of it so many investors and traders don't manage it before it list to an exchange platform.
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