This Why Altcoins will DIE - page 2.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: ~AnonCoinMan~ on March 31, 2018, 07:40:35 PM

Altcoins never going to be the crypto CURrENCY people say. Only way altcoins survive is when the business USES the token themselves: business must create its own demand or don't have an ICO!

the altcoins and all the tokens that currently exist have little to no chance of surviving the future because the main purpose of their creation was not to be a currency, instead they were created to make more money through trading. and unless this changes, we won't see any project worthwhile.

Quote

EOS creates demand for itself, so it will not die. GAS has its own demand, it will not die. Kora Network creates its own demand, it will not die. Only ICOs who make you need their token to use their service/business will survive...otherwise, don't buy into an ICO if the token won't sustain itself

demand is not something you can create. what you call demand is a temporary hype where money pours into these coins with the hope that the investor can dump and get more out of it. more like gamble actually and it won't last long.

jademaxsuy

full member

Activity: 924

Merit: 220

Quote from: ~AnonCoinMan~ on March 31, 2018, 07:40:35 PM

Altcoins never going to be the crypto CURrENCY people say. Only way altcoins survive is when the business USES the token themselves: business must create its own demand or don't have an ICO!

EOS creates demand for itself, so it will not die. GAS has its own demand, it will not die. Kora Network creates its own demand, it will not die. Only ICOs who make you need their token to use their service/business will survive...otherwise, don't buy into an ICO if the token won't sustain itself

Yeah you nailed it sir. Thus, other cryptocurrency are just for display and it could not be used after the ICO. IT will just burned and you will get nothing if you invest in that kind of ICO. So choose the right ICO that will help you meet your demands just like if you have business then you need a decentralized money transfer so you should choose an ICO that offers that kind of project. As we all know decentralized money transfer will help you save your money since its transaction fee is lower than the centralized money transfer wherein you are going to pay the service of the third party service provider and also to their affiliate organization or co-service provider and that is a huge transaction fee compared to decentralized money transfer system.

torrantz

sr. member

Activity: 1063

Merit: 253

Sovryn - Brings DeFi to Bitcoin

Quote from: ~AnonCoinMan~ on March 31, 2018, 07:40:35 PM

Altcoins never going to be the crypto CURrENCY people say. Only way altcoins survive is when the business USES the token themselves: business must create its own demand or don't have an ICO!

EOS creates demand for itself, so it will not die. GAS has its own demand, it will not die. Kora Network creates its own demand, it will not die. Only ICOs who make you need their token to use their service/business will survive...otherwise, don't buy into an ICO if the token won't sustain itself

Is this a joke? EOS was making an ico which takes almost a year for the duration of ico. That's a big shame for you to mention EOS in your statement. It's even worst than another project with beta release. EOS doesn't even have nothing to prove. The platform doesn't even live. Stop make another joke dude. The important thing the token must have utility usage to the platform.

wilberthh

member

Activity: 462

Merit: 12

Indonesian Translator, #1 Quality is prioritized.

Quote from: ~AnonCoinMan~ on March 31, 2018, 07:40:35 PM

Kora Network creates its own demand, it will not die.

Looks like a veiled words for me consdering kora network is still doing their ICO right now. Regardless, I must say that I'm not 100% agree with what you say.

Quote from: ~AnonCoinMan~ on March 31, 2018, 07:40:35 PM

Only ICOs who make you need their token to use their service/business will survive...otherwise, don't buy into an ICO if the token won't sustain itself

Although I have to say that most of them (altcoins) are mainly transaction purposes only. Still, your statement is not 100% correct though. There are many altcoins without business yet they managed to make it this far like : NANO. So..... since this is crypto we're talking about, we can't really be so sure of anything.

novita_gendut

newbie

Activity: 196

Merit: 0

I do not think if ALtcoin will die because it's hard to know when Altcoin will die and I think Altcoin will live because now many people are using Altcoin, maybe many people say if altcoin is dead, it is not right maybe because now the altcoin price is down along with bitcoin

~AnonCoinMan~

newbie

Activity: 31

Merit: 0

Altcoins never going to be the crypto CURrENCY people say. Only way altcoins survive is when the business USES the token themselves: business must create its own demand or don't have an ICO!

EOS creates demand for itself, so it will not die. GAS has its own demand, it will not die. Kora Network creates its own demand, it will not die. Only ICOs who make you need their token to use their service/business will survive...otherwise, don't buy into an ICO if the token won't sustain itself

Topic: This Why Altcoins will DIE - page 2. (Read 245 times)