Topic: What do you think of altcoins? Don't you think who has too much for nothing? - page 2. (Read 749 times)
June 21, 2020, 07:59:38 AM
I see no future for new altcoin to boom the crypto market right, I myself not interested in investing in new altcoin at the moment because no profit comes out from them except the ones conducting IEO on Binance only for short term investment. Altcoin are not of benefits but the little ones available in the industry now are ETH, EOS, Cosmos (Atom), Monero, these still have million dollars circulations compared to new altcoin at the moment.
June 21, 2020, 07:20:07 AM
We dont need numerous altcoins that has the same goal but failed to implement their real purpose. Then in the end it will be another shitcoins existing in the market and those who know nothing about crypto are the ones that might fall in these coins. So its up to us what to support and trust, we dont need to look at useless coins, just hold and buy a coin/token that you think is worthy and can be profitable if you add it to your portfolio.
June 21, 2020, 06:55:05 AM
Don't you think ERCs are useless, most new cryptos are only based on ERC 
, but after that ?, It depends on the Ethereum network.
Ethereum is really a very interesting new technology for the future, but not the ERC, except the stablecoins exception which is really good when the market is suffering.
Doesn't have to end like that. , but after that ?, It depends on the Ethereum network.Ethereum is really a very interesting new technology for the future, but not the ERC, except the stablecoins exception which is really good when the market is suffering.
They can make a swap into a coin instead of being a token forever under Ethereum.
But this also diminishes the value since some investors won't waste time doing the swap.
There should be another way as long as the owner is active.
What do you think of the beginning of altcoins, fork we were all on the charm with a wow a new crypto which appears 
, but now we lose the pleasure of discovering the new cryptos because the market is flooded 
.
It's true and it's also sad. , but now we lose the pleasure of discovering the new cryptos because the market is flooded .Reading comprehension is out of the picture.
Why? We wasted so much time before with all the deep research for every altcoin created. Some of them are just duplicate with a small change in feature which is not inviting to buyers.
June 21, 2020, 06:31:51 AM
In my opinion if you have no enough skills trading or holding then new altcoins very risky for you. So between best wishes go ahead investing in BTC, ETH with other top coins. I prefer Learning long time for everyone new altcoins and for old i believe it if a project have no demend then i do not agree invest.
June 21, 2020, 04:23:53 AM
For the most part and by this time, most altcoins not worth their salt have either gone the way of the dod already, or they're about to go that route now instead. In any business or industry, the survival of the fittest rule still holds true. So, if you're an investor, learn to know how to weed the bad from the good or else, you shouldn't be investing in any business or industry instead.
June 20, 2020, 11:41:26 AM
Most of the listed coins were created before the ICO period, they were created with the power of imagination and people working hard towards reaching it.
None of those people made any money, sure they mined it earliest but they were equally challenged and if they didn't had enough mining power they were ousted very quickly and made no money from it, they didn't do it for the money, they didn't do it for the fame, they did it because they felt like there was something missing in the blockchain world that they could change and make a big difference and that is why they created it. That is what lacking these days, people are creating coins not because they want to change the world, they create it because they realized there is millions of dollars to be made from the fools who think ICO is to way to become rich overnight.
None of those people made any money, sure they mined it earliest but they were equally challenged and if they didn't had enough mining power they were ousted very quickly and made no money from it, they didn't do it for the money, they didn't do it for the fame, they did it because they felt like there was something missing in the blockchain world that they could change and make a big difference and that is why they created it. That is what lacking these days, people are creating coins not because they want to change the world, they create it because they realized there is millions of dollars to be made from the fools who think ICO is to way to become rich overnight.
June 20, 2020, 08:48:29 AM
Today, the market is not the same as before
Don't you think ERCs are useless, most new cryptos are only based on ERC, but after that ?, It depends on the Ethereum network.
Ethereum is really a very interesting new technology for the future, but not the ERC, except the stablecoins exception which is really good when the market is suffering.
Monero, Zcash well there are also others but for me Monero is more about confidentiality than Zcash. Monero is the new crypto for traffic is also to break the tracing between an exchange BTC, XMR, BTC, XMR, BTC.
News of the day XD cryptos to save the planet lol it's stupid because we need mining.
XRP, Stellar: fast coins for those who need money urgently but really but other than that? we can't even do mining, Ripple is blocking your 20XRP account, is the price doesn't even talk about it it's too high it's not even worth 0.001 cents
.
Do not even tell me about the forks that copy Bitcoin like Bitcoin Cash, BitcoinSV, Bitcoin Gold is sorry for others horrible
.
It's just that today a lot of projects are used for not much, it's more the same world, everyone wants to create their own crypto but after not crying because it's a lot of wind blowing.
Also some fork and altoins which are also better in the future like bitcoin but will not exceed the top 1.
Ethereum, Monero, Litecoin, Dogecoin, Chainlink, Tezos, Cardano, Neo, DigiByte, Zcash, Cosmos.
What do you think of the beginning of altcoins, fork we were all on the charm with a wow a new crypto which appears, but now we lose the pleasure of discovering the new cryptos because the market is flooded .
It is true that the market is flooded with coins and perhaps we do not need most of these projects and the coins/tokens marketed by these projects are already useless because of no demand, some are struggling to list on exchanges while some are struggling to find buyers, traders and volume at the exchanges.Don't you think ERCs are useless, most new cryptos are only based on ERC
, but after that ?, It depends on the Ethereum network.Ethereum is really a very interesting new technology for the future, but not the ERC, except the stablecoins exception which is really good when the market is suffering.
Monero, Zcash well there are also others but for me Monero is more about confidentiality than Zcash. Monero is the new crypto for traffic is also to break the tracing between an exchange BTC, XMR, BTC, XMR, BTC.
News of the day XD
cryptos to save the planet lol it's stupid because we need mining.XRP, Stellar: fast coins for those who need money urgently but really but other than that? we can't even do mining, Ripple is blocking your 20XRP account, is the price doesn't even talk about it it's too high it's not even worth 0.001 cents
.Do not even tell me about the forks that copy Bitcoin like Bitcoin Cash, BitcoinSV, Bitcoin Gold is sorry for others horrible
.It's just that today a lot of projects are used for not much, it's more the same world, everyone wants to create their own crypto but after not crying because it's a lot of wind blowing.
Also some fork and altoins which are also better in the future like bitcoin but will not exceed the top 1.
Ethereum, Monero, Litecoin, Dogecoin, Chainlink, Tezos, Cardano, Neo, DigiByte, Zcash, Cosmos.
What do you think of the beginning of altcoins, fork we were all on the charm with a wow a new crypto which appears
, but now we lose the pleasure of discovering the new cryptos because the market is flooded .But still there are good projects also present, I agree the percentage of good projects is small but if you improve your due diligence you will be able to skip most of the low quality projects for sure.
June 20, 2020, 08:06:20 AM
Well, so far, the most used platform to create a new token is the Ethereum platform with its most popular one is the ERC20. They choose this platform mostly is because this is the most popular used platform with high community, easy ways, and also affordable fee transactions. Well. for me, actually the token must be different from ETH. Some of them are really worthless, they do not have any future because they only focus on the current project development, only focus on how to gain the money and get many investors. However, some of them may have a future. But they must be a token utility, a real use case in the real world, with significant project development, clear partnership, and also gaining with the popular parties in the real world.
That's right, buddy, in the last two years most new projects only use the ERC20 platform, but most of them don't develop projects in a better direction after they successfully attract investors through the fundraising methods used by the project team, so I think this is what should be tidy up by new project teams so they can compete with old projects that have been successful in all sectors, and in this case I am very supportive of what you say. 
June 20, 2020, 07:57:44 AM
Simply the altcoin industry is killing itself.
No, there is nothing like altcoin indutry, they are not one, they are made up of many blockchains that operately differently and distinctly. All you talk about are new projects. Altcoins are categorize into different types. For example, ether, ripple, litecoin, tether and few others are altcoin but they are strong in the market. But as for new projects, be it ICO, IEO or IAO, they are mostly unsuccessful projects that remain non-profitable for investors. 
June 20, 2020, 02:44:43 AM
Simply the altcoin industry is killing itself. The lack of regulation even in a decentralized manner let it grows rapidly which allowed more room for scammers and shitcoins and obviously that it backfiring it. ICO and its related scams for one of visible witness for this.
If we, the forum member's united and provided some guidelines or step of rules what should be followed and what should be avoided then there would have been some chances for having less scams out of less number of altcoins/tokens (less in the sense comparatively what we have today due to no regulation).
Unlike most people do hate regulation, there are big possibilities for regulated environment through consensus to make sure about no breaching of decentralization. That may help good and reasonable projects to have their ICO among this community and scammers to be stopped on the beginning itself. This is how stocks and its related initial offering is working and we do not have a governing body here hence an initiative by high level people may do the same job.
When we filter out non-potential coins then investors could enjoy good ROI which will obviously help good projects to grow and achieve their roadmaps.
If we, the forum member's united and provided some guidelines or step of rules what should be followed and what should be avoided then there would have been some chances for having less scams out of less number of altcoins/tokens (less in the sense comparatively what we have today due to no regulation).
Unlike most people do hate regulation, there are big possibilities for regulated environment through consensus to make sure about no breaching of decentralization. That may help good and reasonable projects to have their ICO among this community and scammers to be stopped on the beginning itself. This is how stocks and its related initial offering is working and we do not have a governing body here hence an initiative by high level people may do the same job.
When we filter out non-potential coins then investors could enjoy good ROI which will obviously help good projects to grow and achieve their roadmaps.
June 19, 2020, 06:30:42 PM
I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.
yes, ethereum network is the first network in the beginning from a lot of great project before the project run on its own chain
for example BNB
thats mean eth network is the first choice right ?
June 19, 2020, 06:13:07 PM
I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.
the problem is that these projects do not know what problems they may have in the future. Despite the fact that these projects have existed for a long time, a large number of people have not used these coins yet. we have already seen how to suffer the Ethereum blockchain when a large number of people enter the market
June 19, 2020, 05:41:55 PM
I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.
yes, ethereum network is the first network in the beginning from a lot of great project before the project run on its own chain
for example BNB
thats mean eth network is the first choice right ?
June 19, 2020, 04:34:16 PM
Well, so far, the most used platform to create a new token is the Ethereum platform with its most popular one is the ERC20. They choose this platform mostly is because this is the most popular used platform with high community, easy ways, and also affordable fee transactions. Well. for me, actually the token must be different from ETH. Some of them are really worthless, they do not have any future because they only focus on the current project development, only focus on how to gain the money and get many investors. However, some of them may have a future. But they must be a token utility, a real use case in the real world, with significant project development, clear partnership, and also gaining with the popular parties in the real world.
June 19, 2020, 03:19:18 PM
I think it is wrong if we disregard tokens in crypto currency
Be it neo or erc71 or erc20 or altcoins forks, you cannot disregard or underrate any.
Why? The crypto currency space is wide and Clear with different opportunities to take profit.
So instead of holding to much, hodl valuables
Forks are simply unnecessary garbage that does not deserve any investment in these projects. Forks exist only to improve the technical side of an existing project. Be it neo or erc71 or erc20 or altcoins forks, you cannot disregard or underrate any.
Why? The crypto currency space is wide and Clear with different opportunities to take profit.
So instead of holding to much, hodl valuables
June 19, 2020, 03:12:44 PM
I think it is wrong if we disregard tokens in crypto currency
Be it neo or erc71 or erc20 or altcoins forks, you cannot disregard or underrate any.
Why? The crypto currency space is wide and Clear with different opportunities to take profit.
So instead of holding to much, hodl valuables
Be it neo or erc71 or erc20 or altcoins forks, you cannot disregard or underrate any.
Why? The crypto currency space is wide and Clear with different opportunities to take profit.
So instead of holding to much, hodl valuables
June 19, 2020, 02:12:45 PM
I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.
the problem is that these projects do not know what problems they may have in the future. Despite the fact that these projects have existed for a long time, a large number of people have not used these coins yet. we have already seen how to suffer the Ethereum blockchain when a large number of people enter the market 
June 19, 2020, 02:05:21 PM
There is no barrier here to stop the people from creating their new coins or create their token on existing blockchain so they come up with new ideas everyday but we don't have investors to invest on every projects that is why there is no more legit project here.
People create or come up with new coins, but not new ideas, there is a lucid unalikeness between creating a new coin and creating a new coin with a new idea, or a new use case. People just reincarnate old use cases that haven't worked before into new coins to scam investors or just to produce coins that is useless to the network.I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.
This coins can give profits in the short period, if you sell when they are pumped, but they haven't helped in crypto adoption, Ethereum imo remains the only alt to have helped promote cryptocurrency adoption. 
June 19, 2020, 01:38:37 PM
There is no barrier here to stop the people from creating their new coins or create their token on existing blockchain so they come up with new ideas everyday but we don't have investors to invest on every projects that is why there is no more legit project here.Only scammers stick around to make some more money.
June 19, 2020, 01:31:52 PM
Since today's market conditions are very bad, many projects cannot be realized by preparing their own infrastructure. For this reason, many projects start operating on the Ethereum network first and then prefer to create their own network. Although there are a lot of projects today, it is possible to say that some successful projects have made progress in this way and that they first gathered the investor mass in the Ethereum network. I would also like to say that most projects will be implemented in this way for a long time.
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