Topic: We failed altcoin!! Altcoin then did the same (Read 595 times)
Altcoins really lack adoption and everyone wants to create their own version of it, the most common reason is to make some big chunk of money, of course, Why not just support and use the existing one right? There are so many altcoins in the market now, which has the same technology and features so much redundant coin that exists I guess supporting one of them is better instead of creating a new one if your goal is really crypto adoption and to spread this technology. That was happening now that is why adoption is slower also with regulation intervention.
This is a simple truth of were we are at today.
You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those
Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
Choose the only platforms that already known generated a huge result to the investors. We have a bunch of launchpad that has given a lot of profit for investors. You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those
Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
Say bye to the scam exchange site and scammer.
that's the only way out.
It possible for altcoin to stuck in thise situation because people just abandoned the real value for the price, for the fake money. I think only few of altcoin can still exist with bitcoin as most people hold. Don't care about new ICO anymore, focus only few of altcoins.
Bitcoin is a cryptocurrency. Being the first one, it has it's share on the market. Whether or not we need other altcoins is a matter of discussion.
Ethereum came with a different approach, though it uses the similar concept, it's a different approach and it's still making changes.
And if another alt is to be success, it needs to offer something new and different. Here is where we failed.
Ethereum came with a different approach, though it uses the similar concept, it's a different approach and it's still making changes.
And if another alt is to be success, it needs to offer something new and different. Here is where we failed.
This is a simple truth of were we are at today.
You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
If you are really into it there is no way out but there are some limitations you could do to prevent from having to much into it and loss all of your assets. Like what other poster said the greed has something to do with all the matter why this is happening, if you could control your grees, resist the temptation then you would lessen the burden.
I don't think so. It's true that people would like to prefer Bitcoin than altcoins but that's not means nobody had hodl altcoins at all. So Choosing bitcoin, believe in bitcoin etc those are not only reasons making altcoins down. A lots of Altcoins get down because of cheating & scamming (that's why a major people afraid of hodling altcoins). On the contrary, there are s lots of altcoins still available in market with good position.
Actually, I only believe in Bitcoin because altcoin is only a tool to make money in this market and you will certainly risk if held for too long. Of course, there are still some good altcoins for you to hold in the long term, but you need to be careful because the market is very volatile and it doesn't always make a profit from altcoins. One way or another, you have to have faith in your investment and never trust others. For me, i do not think everyone failed altcoins, instead altcoins failed us.
~snip~
I do agree with you. How can be normal crypto users or investors are failed altcoin. If a project failed then total blame goes to the project team none others. Projects mainly fail because of not enough fund rising, have not good quality product to impress investors and not gain trust from investors or from the community. Now days projects just raise their fund and go away. So if some one to blame for failed it should be projects team.
This is a simple truth of were we are at today.
You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
You and I are the investors, either ieo, ico or ITO investors
We exchange the tokens between ourselves, and we invested in those Crowdfunding knowing it offers no value.
The question I have is, what is the way out??
I don't think so. It's true that people would like to prefer Bitcoin than altcoins but that's not means nobody had hodl altcoins at all. So Choosing bitcoin, believe in bitcoin etc those are not only reasons making altcoins down. A lots of Altcoins get down because of cheating & scamming (that's why a major people afraid of hodling altcoins). On the contrary, there are s lots of altcoins still available in market with good position.
if greed persists in humans it will be difficult for us to reach the highest level to rival bitcoin.
sometimes what we believe can betray us.
The problem is not the greed but some people think if altcoin has become a failed coin while the majority of major coins have come from the altcoin. sometimes what we believe can betray us.
I think that we must not think if all altcoins were the same and there was no differentiate between them.
If you have seen the old history of crypto and altcoin is able to reach the bitcoin's level.
you said you are a believer of altcoin so why say all people failed altcoin ? not only you but there are other altcoin supporters too on this world .
altcoin cant fail you but people are the ones that make an outcome but there are altcoins that no matter how people support them they still cant give the same return . those alts are the ones that are failure for real . its not yet too late to make a change and we can start anytime of the day but those only to alts that are worth it
altcoin cant fail you but people are the ones that make an outcome but there are altcoins that no matter how people support them they still cant give the same return . those alts are the ones that are failure for real . its not yet too late to make a change and we can start anytime of the day but those only to alts that are worth it
if greed persists in humans it will be difficult for us to reach the highest level to rival bitcoin.
sometimes what we believe can betray us.
Greed when trading is inevitable, but if you control greed, you will certainly succeed in this market. When the market is up, people will certainly be optimistic and prone to fomo, so in any situation you need to think carefully before making a decision. Personally, I always set a stop loss and never trust others. sometimes what we believe can betray us.
The problem here is majority of altcoins now are just shitcoins and nothing to offer useful for people.
Those investors who believe in this scheme are only concern for their money to grow regardless of how can they achieve it.
Not all alts failed us because there are alts that has real use case and profitable to invest.
Those investors who believe in this scheme are only concern for their money to grow regardless of how can they achieve it.
Not all alts failed us because there are alts that has real use case and profitable to invest.
+ We cheered fake, scam altcoins for Greek gift: yes some of us support the terrible altcoins purposely blinding them self to the intention of the altcoin, and the results stained altcoin image.
Can we retrace our steps and do the correct thing
Nobody wants to support a scam altcoins, in fact, there ongoing campaign to report find and destroy these projects that scam investors with money, it's just that some got away doing their deeds because it's hard to caught these developers, and there are projects that look legit but end up scamming people.
not all altcoins like what you said were failed, and there are still many new altcoins that have clear goals and functions about the mission that they really want to achieve
Some altcoins were getting a very good performance and just because it was being too late to get a pump and it doesn't mean if altcoin has already failed to achieve the target. Everyone must be patient for that. The goal can't be achieved in one night.
Most altcoins are facing negative trend when bitcoin trades positive; it is just for the reason of maintaining same fiat values and I have seen this with many famous altcoins as well. But, all these coins will enter into positive trend when bitcoin trades relatively stable.
For me, i do not think everyone failed altcoins, instead altcoins failed us.
A new project will show up, introduce a product, request for crowdfunding via ieo or ico, we buy in thousands as investors, Then token lists, price soars 2 times ieo price, Then team dumps, leaving investors to their faith.
Altcoins will refuse to launch their product, instead, delay announcement until they dump all and go awol.
I am a investor, i do not invest in crypto currency to be compassionate, but to take profits. Altcoins should so seriousness and put their all to make projects a success.
Altcoins rely on us all, as an investor, community member, bounty hunters, but give little in return.
It has to be a fair affair i suppose.
A new project will show up, introduce a product, request for crowdfunding via ieo or ico, we buy in thousands as investors, Then token lists, price soars 2 times ieo price, Then team dumps, leaving investors to their faith.
Altcoins will refuse to launch their product, instead, delay announcement until they dump all and go awol.
I am a investor, i do not invest in crypto currency to be compassionate, but to take profits. Altcoins should so seriousness and put their all to make projects a success.
Altcoins rely on us all, as an investor, community member, bounty hunters, but give little in return.
It has to be a fair affair i suppose.
You are totally on point buddy! Altcoins failed us, at least most of the altcoins did that! Even still maximum IEO projects are doing the same, after soaring in price, the whole team or one of the team members dumping the coin! Like a few months back who dumped the Matic coin in Binance? Who is dumping Cartesi now? But you see investors trying hard to keep their beliefs on them! Maximum altcoins can't stay strong for 2-3 years, after regular pump dump scheme they left the investors alone! It's altcoins owners that should be changed, we are doing the right thing!
if greed persists in humans it will be difficult for us to reach the highest level to rival bitcoin.
sometimes what we believe can betray us.
Yes, and that greed will clearly always be there in humans, because in this world there are still so many people who want to get rich quickly and instantly, and the matter of loving Bitcoin seems to only happen in dreams and will never become a reality. sometimes what we believe can betray us.
If we can visit the market of altcoins we will understand that most of them are asleep now, this is due to the decline in the number of investors as well as the deterioration of the overall operation of the project. Otherwise for a new project if there are want good investors market then there need must be the highest quality project roadmap and promising activity.
It is difficult for new projects to survive at the moment, investors are not too focused on altcoins because they fear the price will collapse. And it makes new projects have no volume when listed in exchanges, and like you said new current projects need a lot of angel investors or have a great idea to be able to exist
The first failure that occurs starts from ICO project team, many ICO projects aren't alive today because their team run away with investors money, since then ICO trust was ruin and this affects new altcoin projects today, I don't see how we are the ones who failed altcoin here, you need to check the records of past histories of money lost to scam projects on crypto space
if greed persists in humans it will be difficult for us to reach the highest level to rival bitcoin.
sometimes what we believe can betray us.
sometimes what we believe can betray us.
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