Topic: Too many Altcoins without value? - page 8. (Read 1239 times)
Usually those tokens are only can be used on those developers startups platform. But when the business is bankrupt or the devs don't use that token any more then there is no value in those token except there are people who want to but that token.
it's true that a lot of Alt coins are on the market but some of them are worthless, this makes the Alt coin look of no value, ICO makes new coins every day but no one really makes the coin prestige. this is very worrying for some buyers or investing in the coins because it makes the value of Alt coins as garbage.
Of course, tokens are now quite a lot. Many of them are really empty and have no value. However, I do not think that this is a problem for society. Unnecessary tokens will be swept away by the market. If we want to develop a crypto currency without centralized regulation, we must allow any tokens to appear, both necessary and useless. There is no other way to fully develop the crypto currency.
In that proportion, I agree because that's the only way we can solve the neccesary problem of token does not have value we must let them open so that it will eventually help also the crypto world.
Of course, tokens are now quite a lot. Many of them are really empty and have no value. However, I do not think that this is a problem for society. Unnecessary tokens will be swept away by the market. If we want to develop a crypto currency without centralized regulation, we must allow any tokens to appear, both necessary and useless. There is no other way to fully develop the crypto currency.
In that proportion, I agree because that's the only way we can solve the neccesary problem of token does not have value we must let them open so that it will eventually help also the crypto world.
Of course, tokens are now quite a lot. Many of them are really empty and have no value. However, I do not think that this is a problem for society. Unnecessary tokens will be swept away by the market. If we want to develop a crypto currency without centralized regulation, we must allow any tokens to appear, both necessary and useless. There is no other way to fully develop the crypto currency.
I must commend your perspective to coin creation and it's economic relevance. Having said all that you said, there is still need for coin to be created first before any community can be built around such coin. It is indeed clear that not all the coin are going to survive or useful but some will become the game changer nevertheless in the future.
It can't be helped. Almost everyday there's a new listed coin. And most of them are shitcoins. Just collecting fund for themselves
Yes because there are almost a dozen of coins created on a day to day basis with so many ideas and innovations being put out to the world that our focus is divided into a million times and only time will tell what the real value would be. Some coins are valued on hype and some coins are valued with it's technology. As an investor it is a good idea to identify what will make it in the long run and would someday be used in general.
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.
This is happening also not just in cryptoworld. There are those business start-ups that are selling (but I guess"sharing" is the best word) their idea in order to raise funds for them to use in realizing those ideas into a tangible one. The potential of the idea may correspond to how much funds can be raised. I think that should how a certain business start esp those who don't have funds from the very beginning. Not really different in cryptoworld, right?
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,
I can't disagree on this. But personally, I can see some really good projects that could somehow be useful in the future especially in fintech industries. We just need to give them time to do what they have promised in their roadmaps though I am aware that until now, there is no or only very few out of thousands of projects that has fulfilled their promises and is now in a full-swing.
I totally agree , but that’s what separates the crypto market from the rest.
Yes there are too many ICO and too many coins that are being created that have no significant value.
It does not take much to create a coin nowadays and to buy your own coins using your own eth or btc..
And once you get some speculative activity, you can pay your way into a listing on the exchanges.
This is what i am concerned about the crypto space... too many such shill coins.
We will see a big shakedown soon and only the coins which actually can contribute to mankind will remain..
It does not take much to create a coin nowadays and to buy your own coins using your own eth or btc..
And once you get some speculative activity, you can pay your way into a listing on the exchanges.
This is what i am concerned about the crypto space... too many such shill coins.
We will see a big shakedown soon and only the coins which actually can contribute to mankind will remain..
How we can prevent shitcoin appear in ico? I dont get any tips for that to prevent that shitcoin.
I hope any P2P regulation which will work fair and all the shitcoin coin will disappear or can not pass this regulation.
I would pass any ICO or altcoins which couldn't afford some basic marketing. I won't mind miss a gem because of this principal. There are just too many altcoins out there.
Many different kinds of altcoins today are born, they are actually created by generous people which the purpose is to introduce into the market, however the problem is only less people or customers who wants to adopt, that's why it affects their total growth and mostly some coins will disappear.
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.
Are you reffering to airdrops coins/tokens? or the shitcoins that have $$ values and even in the top of CMC?I have seen that many currencies are created based on an idea, that they intend to be used for something, even though at present they are useless, they are based on the hope of being used. I hallucinate seeing how some collect millions in the ICOs only promising that they will be adopted en masse, only selling an idea that has not yet been started or developed.
You have a point that many are selling dreams and not a working product. Anyway it depends on the team. Some ICO have already a working product and they need fund for further development.I wonder what chance of success has a currency that is defined as "the new currency that will replace Bitcoin" or any other great concept if only based on a theoretical idea.
Many are claiming that their coin will replace bitcoin. But still could not dethrone bitcoin.The best candidate to replace bitcoin is ethereum with a 50% chance if success in my own opinion.
Do you have to create the currency first and then wait for a community to be created that uses it?
Would not it be better to have a community first than willing to give the currency a real use before creating it?
NO one will work for free nowadays. Also someone or the team need money for expenses like food, marketing, and etc.Would not it be better to have a community first than willing to give the currency a real use before creating it?
I believe that for the creation of a new currency to make sense, it has to respond to a real need for the exchange of goods and services, if we only buy a coin with the hope of selling it more expensive, if there is not a community that supports it, We will be betting on a pyramid system, and we all know how those systems end.
That is just my opinion. I do not know what others will think.
If you read the whitepaper you will find How that coin will "respond to a real need for the exchange of goods and services ". but Sometimes they become shitcoins with $$ value because few people are using it.That is just my opinion. I do not know what others will think.
It's natural for investors to buy low sell high.
Do you invest for the purpose to lose your money?
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.
there are too many car company and also televesion or bicycle production company. are all of them success? there too many coins too, but some of them will be success.
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 agree there is to many coins/tokens that have no value at all and are starting to clog up the market on other coins that have value. Among the ever increasing number of coin/tokens that keep coming out some great and usable projects are being missed and will take a lot longer to be noticed because of the number of scam/poor idea projects that are just trying to make a quick buck for doing nothing.
It's defiantly getting harder to find the gems in the tonne of crap projects.
Yeah, i also think that right now there are so many senseless coins and it's not so easy to find something really decent among them 
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 think they not popular so the value is low only but if they listed already in exchanger i think the developer is good so it can go really highI 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 think also if you going to invest in that you will lose from it so better to invest in the coins that already have value in the market
because they keep releasing coins without anything good about their project and uses of the coin, sad to say they are just trying to earn profit from collecting Funds in their ICO and after that they know that they will damp it afterwards.
There really are many altcoins without value appearing in the market. But these undervalued altcoins may suddenly become valuable once more investors back them up. I think this is still good as competition may let us pick the best for our money. We have to be vigilant.
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