The reality of the market is that most coins will be without value, either for them being scams or no demand at all, that's one of the risk of this game we're playing.
Mehdi
Topic: Too many Altcoins without value? - page 6. (Read 1250 times)
You totally right, there are too many altcoins and most of them do not have any value, they were made only for fast many making and will be dead in year or so. Such things only do bad for crypto markets
Unfortunately, not all coins after the ICO remain on the market, because a lot of projects shortly after they enter the exchange their coins are not in demand!
Yes. I have an altcoins without value also not be listed in the market and because of that sometime we ask our selves that why so many coin listed already to the market but the payment to us are shitcoin which no value and it is can disapoint to us but, it's ok there is a lot of time and opportunity that maybe someday we can earn tokens that have a value.
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.
agree, and the except for currency-like use-cases, other use cases should try and maximise the benefits of blockchain (transparency, authenticity of transactions, smart contracts etc.) in its design
I agree. I have a lot of tokens on my wallet that have no value, and they are likely never to be listed...
I am very aware on that there are some Altcoins that have no value and given some of the projects are dead but still i saw some coins on Decentralized exchange whales are probably playing games with some of this coins.
Yes there’s too many alternativecoins without value because there’s a lot of scammers that expert of pretending a good one coin or investments in this kind of business and industry.
now many scammers are taking advantage of the opportunities available in cryptocurrency, because cryptocurrency is now a lucrative investment place so many are choosing the investment here, so many scammers are appearing to create an ICO project and it is very difficult to distinguish from a good ICO, because they are caught deceiving at the end of their ICO sales. 
Yes there’s too many alternativecoins without value because there’s a lot of scammers that expert of pretending a good one coin or investments in this kind of business and industry.
The number of projects is growing every day, respectively, creating new tokens. When projects do not achieve their goal, their tokens are not in demand and fall in price, sometimes even to 0.
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.
I completely agree with you. It is very important that the project and the team do not meet a few months ago and do not just decide to earn money and release a useless coin. It is very important that before the ICO the project already had something. So that they already developed something, had a certain number of users, then we can say that they are really interested in releasing a coin that will bear value.
Yea that is true. There are way too many altcoins out in the market now that have no value. Most of the altcoins that we have now are just coins that are made by greed people who are just looking for a way to make some quick money from cryptocurrencies. That is the reason why a lot of altcoins will end up dying out a couple of years from now anyway. Just a few will be left.
Admitted to buying Altcoins is a very risky investment, too many Altcoins have been falling since the listing, and even fell thousands of times, which is almost equivalent to scamming your money.
Every day at least 5 new coins come into the market and 4 of them are shit coin and you should stay away. Because they might disappear or they will not have any value in the future. They are here for the cash grab, so be careful what you are investing in and read the details, find out about the team.
It is pretty normal, development of new projects can take years.
Look at startups, most of them are unsucessful, but some of them are very profitable in long term (5-10 years).
Look at startups, most of them are unsucessful, but some of them are very profitable in long term (5-10 years).
This is actually a fact. There are so many valueless coins in the market and this is because a lot of these coins weren't even made to withstand the market in the first place. They have always been scam, and were made for selfish reasons. I wish something could be done effectively to take these garbage coins out.
that is a sad truth, there are lots of altcoins without directions, that is why there are lots of doubts and uncertainty occuring in the market. I believe we should make a move to battle this.
I also see that there are far too many coins, more so that there is many that are just clones and don't really have any proper applications.
We see so many also with huge pre mines that can only put the devs in the right place when they do take off even if it is still under a dollar.
They are all trying to emulate what bitcoin has achieved but bitcoin has taken time to get the position it has now and market dominance.
Community is as important as the currency is it is hard to build a community without a product but it is easier to grow a community with a product as confidence grows so does the community.
Speculative trading is always going to happen as with any new crypto currency most peoples goal is for it to make them rich. As the community grows and more do start to accept it for goods it will become more of a currency rather than a coin that is just traded.
Yes, I agree with you and also believe that it is better to have a good product first and then, build a community to help it grow rather than speculating what the product will be. We see so many also with huge pre mines that can only put the devs in the right place when they do take off even if it is still under a dollar.
They are all trying to emulate what bitcoin has achieved but bitcoin has taken time to get the position it has now and market dominance.
Community is as important as the currency is it is hard to build a community without a product but it is easier to grow a community with a product as confidence grows so does the community.
Speculative trading is always going to happen as with any new crypto currency most peoples goal is for it to make them rich. As the community grows and more do start to accept it for goods it will become more of a currency rather than a coin that is just traded.
It is very tempting or many people to build new coins, but it is in our hands to avoid investing in projects that have nothing behind them. It our choice.
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