Well-known cryptocurrency will cease to exist in just a few months

Way2Paradise

jr. member

Activity: 322

Merit: 1

Quote from: AlexTF.CCN on August 22, 2018, 10:15:01 AM

Are we witnessing the end of an era? It appears so, a well-known cryptocurrency will cease to exist in just a few months: https://cryptocoin.news/videos/altcoins-this-week-mcafee-awarded-lamest-vendor-response-award-bitconnect-laid-to-rest-and-more-19029/

Do you think we will begin to see a lot more stories like this?

yes, it's a nice story, but not more. strong coins like bitcoin or ethereum will not disappear so easily and quickly. some altcoins, will certainly die over time, but certainly not all.

bundo

full member

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No matter how small a project and an investment, all will have risks. This is concrete evidence, from this article will make some people afraid to invest in crypto Grin

AlexTF.CCN

jr. member

Activity: 140

Merit: 1

I don't think cryptos will disappear but I do believe we will begin to see failed projects, not all of them can make it, especially with the current prices. Hard to follow a roadmap if you run out of cash!

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: AlexTF.CCN on August 22, 2018, 10:15:01 AM

Are we witnessing the end of an era? It appears so, a well-known cryptocurrency will cease to exist in just a few months: https://cryptocoin.news/videos/altcoins-this-week-mcafee-awarded-lamest-vendor-response-award-bitconnect-laid-to-rest-and-more-19029/

Do you think we will begin to see a lot more stories like this?

Crypto is a technology and it can't disappear. Just because the bitconnect story and do you consider that will make crypto disappear? Let say there was a lot of people have been creating so many awareness about the bitconnect but in fact those dumb investors have still used it to create fast bucks.

caoboinhacso

newbie

Activity: 191

Merit: 0

Quote from: AlexTF.CCN on August 22, 2018, 10:15:01 AM

Are we witnessing the end of an era? It appears so, a well-known cryptocurrency will cease to exist in just a few months: https://cryptocoin.news/videos/altcoins-this-week-mcafee-awarded-lamest-vendor-response-award-bitconnect-laid-to-rest-and-more-19029/

Do you think we will begin to see a lot more stories like this?

That thing is very normal according to market rule. The weak coins will be excluded when the market decline. And sometime, after big starks earn much money from it, they will exit and this coin will fade away

Parodium

sr. member

Activity: 1036

Merit: 332

DMs have been disabled. I am busy.

It's unlikely that any of the major cryptocurrencies, including altcoins will be ceasing to exist any time soon. We're still nowhere near the peak of this wave man. If you just look at the potential of some of these projects you'll see that a lot of them are here for the long run, certainly none of the top 10 are going anywhere any time soon, you might see a few in the top 100 turn out to be scams and dump to 0, but even that's unlikely now.

AlexTF.CCN

jr. member

Activity: 140

Merit: 1

Are we witnessing the end of an era? It appears so, a well-known cryptocurrency will cease to exist in just a few months: https://cryptocoin.news/videos/altcoins-this-week-mcafee-awarded-lamest-vendor-response-award-bitconnect-laid-to-rest-and-more-19029/

Do you think we will begin to see a lot more stories like this?

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