Topic: Too many Altcoins without value? - page 5. (Read 1250 times)
I don't agree with this, they really have value. Do you only see short term? This is a long-term investment, so I think they will have future value. Let their teamwork to increase the value of their coins because this requires time and good performance.
Yes, as long as there is a lot of room for cryptocurrencies that can be traded on the exchange, many cryptocurrencies are now scams. They don’t have good technology. They know how to swindle money, so when we invest, We must seriously analyze whether the projects we invest in have a good future.
Actually there’s to may alternativecoins without value in the market
because of the hackers or scammers that spread out easily and just be reminded that be smart enough to prevent from them.
because of the hackers or scammers that spread out easily and just be reminded that be smart enough to prevent from them.
I agree with the fact there are way too many shill coins. Hard to pour through all the data to make proper choices. I assume this is how it is in the beginning of most technological advances. This will all eventually shake out to only the best coins.
In the past or the year before, all new altcoins carried a certain value they were something unique. And now the ICO was just a process of collecting money.
I agree with the fact there are way too many shill coins. Hard to pour through all the data to make proper choices. I assume this is how it is in the beginning of most technological advances. This will all eventually shake out to only the best coins.
Yep, 90 % of all alts will die in several years...only the stongest with real use case in the world will succeed. Blockchain is not the solution for all world problems and theer are some parts that are problematic for its use, e.g. healthcare.
I don't think that's a problem. These altcoins give a chance to buy them and wait for the increase in volumes, which in turn will lead to an increase in our profits.
Alot of coins without value look at their team roadmap whitepaper, do they have a working product. U do that and u will be good
Thanks, actually those ate the things i consider before participating in projects and investing in some alts to prevent losses and scams.
There are many without value, true. But, I've seen many current projects really trying hard to actually deliver. Some with working prototypes, some with promising partnerships. I don't see that many 'obvious scams' anymore, even though with some of these projects you ask yourself why blockchain, to realize it is mainly 'because money' as they simply use it to get a lot of funding for their ideas or personal wishes.
The number of Altcoins will trend toward infinity. I feel like many of Altcoins dont have of a purpose.
Developers know that this area is new and still needs new projects. Some of them will crash. So normal in this world
how can we find out the way to fix this problem.... i could believe that ALT can change our life lol ...
I also believe that many altcoins have depreciated and are not trading, and their teams have run away throwing their projects. and I think that such altcoins should leave the market as unpromising.
Maybe it's just my perception, but in these times when new coins appear every day, it seems to me that most of them lack value.
I have seen that many currencies are created based on an idea, that they intend to be used for something, even though at present they are useless, they are based on the hope of being used. I hallucinate seeing how some collect millions in the ICOs only promising that they will be adopted en masse, only selling an idea that has not yet been started or developed.
I wonder what chance of success has a currency that is defined as "the new currency that will replace Bitcoin" or any other great concept if only based on a theoretical idea.
Do you have to create the currency first and then wait for a community to be created that uses it?
Would not it be better to have a community first than willing to give the currency a real use before creating it?
I believe that for the creation of a new currency to make sense, it has to respond to a real need for the exchange of goods and services, if we only buy a coin with the hope of selling it more expensive, if there is not a community that supports it, We will be betting on a pyramid system, and we all know how those systems end.
That is just my opinion. I do not know what others will think.
I have seen that many currencies are created based on an idea, that they intend to be used for something, even though at present they are useless, they are based on the hope of being used. I hallucinate seeing how some collect millions in the ICOs only promising that they will be adopted en masse, only selling an idea that has not yet been started or developed.
I wonder what chance of success has a currency that is defined as "the new currency that will replace Bitcoin" or any other great concept if only based on a theoretical idea.
Do you have to create the currency first and then wait for a community to be created that uses it?
Would not it be better to have a community first than willing to give the currency a real use before creating it?
I believe that for the creation of a new currency to make sense, it has to respond to a real need for the exchange of goods and services, if we only buy a coin with the hope of selling it more expensive, if there is not a community that supports it, We will be betting on a pyramid system, and we all know how those systems end.
That is just my opinion. I do not know what others will think.
Currently in Korea we are seeing Reverse ICO concept like the existing business who have userbase in millions are trying to raise money in ICO and they want to introduce utility token which can reduce the cost of their operating expenditure, this way will give potential returns to investors unlike investing in project having only whitepaper.
I would like to invest in project having whitepaper onlyI if the team is too strong and had enough expertise to build the project as what they are promising.
I completely agree with you, there can not be a lot of revolutionary new ideas, so most ICO's try to be clones of others, more successful. In addition, a large number of projects is a scam that severely damages the cryptocurrency industry. I think it would be better if we had only twenty interesting and expensive coins, then we would not be afraid of our money.
well, theres some ico token that can't recover after bounty hunters dump huge amount of coins. and with the bear market for a few months ago. so many of them crash down to zero price
I have an altcoin and after finishing the ICO they have no value, no one deals, they probably died, sorry to encounter such a coin.
It is a quite normal situation because it is like a nature where stronger altcoin beat others. Thanks to these competitions the cryptomarket can develop.
Partially agrees with you. But some coins are created without the intention to enter the market. And it is very sad. It is hard to find good projects for investments or participation in bounty campaign. Maybe soon there will be a project that will effectively assist the promotion of good projects. Menlo.one can become like that. Maybe it's just my perception, but in these times when new coins appear every day, it seems to me that most of them lack value.
I have seen that many currencies are created based on an idea, that they intend to be used for something, even though at present they are useless, they are based on the hope of being used. I hallucinate seeing how some collect millions in the ICOs only promising that they will be adopted en masse, only selling an idea that has not yet been started or developed.
I wonder what chance of success has a currency that is defined as "the new currency that will replace Bitcoin" or any other great concept if only based on a theoretical idea.
Do you have to create the currency first and then wait for a community to be created that uses it?
Would not it be better to have a community first than willing to give the currency a real use before creating it?
I believe that for the creation of a new currency to make sense, it has to respond to a real need for the exchange of goods and services, if we only buy a coin with the hope of selling it more expensive, if there is not a community that supports it, We will be betting on a pyramid system, and we all know how those systems end.
That is just my opinion. I do not know what others will think.
This is really the truth about the ICOs and the new coins everyday. They are just all created for the purpose of selling it high. That is very bad. I have seen that many currencies are created based on an idea, that they intend to be used for something, even though at present they are useless, they are based on the hope of being used. I hallucinate seeing how some collect millions in the ICOs only promising that they will be adopted en masse, only selling an idea that has not yet been started or developed.
I wonder what chance of success has a currency that is defined as "the new currency that will replace Bitcoin" or any other great concept if only based on a theoretical idea.
Do you have to create the currency first and then wait for a community to be created that uses it?
Would not it be better to have a community first than willing to give the currency a real use before creating it?
I believe that for the creation of a new currency to make sense, it has to respond to a real need for the exchange of goods and services, if we only buy a coin with the hope of selling it more expensive, if there is not a community that supports it, We will be betting on a pyramid system, and we all know how those systems end.
That is just my opinion. I do not know what others will think.
So far, everything looks bad, but the market can still recover and then we will see a rapid growth of altcoins.
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