Topic: Top 400 altcoins: how many have a real use case and real tech? (Read 157 times)

Yes, but you see that is what I am talking about. There are a lot of low quality project that are being supported by huge communities right now. But a bad project is blatant. You can't scam a lot of people and think to not be exposed on Twitter, reddit or bitcointalk. So, Tha bad project are known to be bad. How long do you think they will last? 1 year? 2? There were a lot of people that thought that bitconnect could last another 3 years

Everyone has his own definition of use cases and real tech, i have seen even low quality projects being supported by huge communities at telegram and twitter, soi think people will keep.making those financial mistakes again and again and also will keep falling to scams, i think there should be a filtration for icos and bad projects should not be allowed to raise funds.

The way I see it the biggest factor for a coin to be successful (aka being alive in the next 5 years) is a big, strong, dedicated, capable and most importantly transparent development team. So far I know only of a bunch of project whose team is not hiding in the shadow or whose team is not fake or straightforward illegal!!! Let's hope for the best for those project eheh

imo - I think with time, each project will find its usecase with the dedication, vision of the project leaders and the community who trust that.

Right now it seems like people and even companies just say "blockchain" for the sake of stocks/money rather than trying to learn, test and understand its capabilities in my point of view.

For example. I spoke with the CEO of Maxxcoin (http://www.maxxchain.io/) who preached and talked all about implementing blockchain and how amazingly its going to change his business just like uber.

But when i really got asking about "how and what" ie what algo, what fork did you come from, block size time, who are you working with, do you have git ect...unknowing and trying to shrug me off - he simply said we are working on it.
 

Another point with this tech is that "Real world use case" is a hard topic since this technology destroys the current democracy. Lets be brutally honest here. Will countries such as Russia, USA and more really want a system which just shows them that they are not really needed?

"What if" one day someone satoshi-V2 actually manages to crack a way to run a govern system within the blockchain space? I mean it is slowly happening with masternode governing system - Sure its not perfect but im sure that it will slowly grow to that point. we really dont know where this tech can go.

I believe that people really underestimate this tech and only see it for the short term spikes or "the next bullrun"


Just my 2 cent.

We wont actually know on what would happen on next 5 years but rest assured only a few coins would sustain to last for long term which do really have that actually usage or innovation and for most shitcoins in the market as of today wont really be existing into those years. Most of them are on erc20 which I don't see any relevance on most coins being created almost everyday.

It depends on the perspective but there are only a few coins that have real use cases. For example, if someone wants to do some illegal transaction then the individual must want to use a coin like Monero where most people will say it can't be a use case. On the other hand, people who want to purchase in store, BTC is best for them as of now, but there are more coin that can be used in store nowadays like GTM for purchasing hosting service.

i would say that much less than 10% have a real use case. Maybe 0.05%.would be a closer number. Even the a lot of the big name coins have failed to deliver on what they set out to achieve in there roadmaps. Early last year i invested heavily in coins that were planning to take over the payment card sector with many claiming deals in the pipelines with visa/mastercard etc. I can say that a year and half later that none have done anything close to what i expected them to have done. Monaco, tenx, and Ctr (centra being the worst one of all with there whole team being arrested) have been major disappointments.

Take the first 400 coins and tokens on coinmarket cap.
You can pretty much see two big categories : coins that wants to be a mean of payment,and coins/tokens based on smart contracts.

I think that only 10% of those projects have a real use case (example the BAT token), a good technology and a solid team behind them.

So we will probably see only 40 or 50 altcoins still alive in the next 5 years. What do you think? What are the coins that you think will have a shot at just being used in the next 5 years?

I can talk about some of the coins I know:
Bat token, will be alive because the ads insustry needs to be decentralized and a lot of people want to make money while seeing ads, so this might work.

Monero, deeponion, zcash,tokenpay, they could all be alive because they are PRIVACY focused coins, (some of them run on the tor network too). A lot of people do not like a public address and transactions. Why should someone know that I spent 0.1 bitcoins in dildos last month? Lol

Nano, electroneum they could be alive because they are just a mean to bank the unbanked, are faster than (actual) bitcoin and are going to start a massive marketing campaign. Electroneum app alone has already 1 million downloads (for Android, and it is not yet on IOS), so that is going to count for something.



These are my reasons to believe in those coins. Disclaimer : I do not own all of those coins and definetly not a big amount of dollars invested, so I am not shilling for personal returns