Topic: What future is expected for new altcoins? - page 2. (Read 1031 times)

I agree with you, that was the answer I got in my head when I created this thread. I wondered what was the concrete use that most altcoins had, because new altcoins appear every day and on the new altcoin website there are many promises of things that people even think: "yes, it's a good idea and it can work "But when the person takes a few hours to investigate the team members (their curricula and experiences) in more detail, they realize that everything they wrote on the new altcoin website is nothing more than fairy tales.


how can people who invest in these projects be comfortable knowing that the project was a short-term investment but the development of the project is very slow?


These are scammers who are taking advantage of the idea of satoshi


Even IEO's have become a big pump and dump scheme


If someone asked you:

How many good altcoins are there? the number of good altcoins is so small that they become irrelevant in a market where there are thousands of shitcoins.


you spoke a great truth, one day I was contacted by a person who wanted to create an altcoin, but that person wanted me to create the ANN thread for him. So I asked about what that altcoin was and He replied that it was a project on youtube and I asked him to talk more details about that youtube project. Believe me, the person couldn't explain it properly and days later came up with another idea and said that he already had a developer who was someone who learned programming recently. I told the person that I didn't want to be part of the project because I realized it was a scam

The market is full of enough shitcoin yet more are coming everyday, I am afraid of what will become of the future of altcoins. Although we have some good project with great concept but we have too many bad project that make the crypto space to look bad.

That does not only need the time but it must need a lot of factors to be able to reach the ATH again. ATH is something that can't be reached instantly,  dude. The coins need miracle to get that. Some coins were able to reach its old ATH and it's very impossible to happen this time.

He can stay with the old coins if he wants because that can help him to prevent the big risk from the new coins. As we know that right now, many new projects listed on major exchanges, but that doesn't mean the new project can go up, especially if bitcoin price now is not reaching the higher rate. That will happens too with the old coins. Perhaps, right now, we need to stay calm and wait for a while until bitcoin can remain at the sideways first so there will be a movement from the altcoin, and who knows, that will be the time for the most altcoin to increase although not much. If we want to have the investment, I think we can select bitcoin and don't invest in altcoin for a long time because I guess the altcoin will be good for a short term investment.

This is safer, but you cannot cover the great potential of the new project. now new projects listed on major exchanges are the main attraction. do not let you miss the opportunity to benefit from risk. at the time of market conditions like this, coins in the market itself do not move much. the investment will take a long time.

A future where many investors will find it extremely hard to trust new altcoins, developers need to be prepared, don't waste your precious time on stupid ideas, 2017 is bygone, investors aren't the same again

OP listed some coins but i did not see good project. Even I wouldn't expected there coins wile take good place. This time i can't maintain new project where i have more profits chance. So it's between better to keep old coins with there has some profitable chance.

maybe my expect same like other people, have a good development and have function in real world not only pump and dump in exchange.
and no more scam for people who buy their coin, or anything bad that make people doubt about crypto.
but i guess it still hard, since there so many shit and scamer.

This is one of the most important considerations at the moment. Real work with real evidence is the only guarantee that the project is really "implemented". This makes investors sure to support the project. We have to really make sure that the team is genuine, and not fake the identity of others. Many fraudsters take advantage of this.

But don't just make the team the basis for the assessment, but there are many other considerations that must be considered. For example, does the project offer the right solution to the current problems, besides the official social media of the project is also important to check.

OP listed some projects and under each project stands "I didn't see any team member"! Well that means we can't expect anything from these projects. If you see a project with experienced team members, and you see them
working hard every day, you can expect a lot from that project. Of course many factors should be considered, are they capable to endure longer period without success, are they are qualified enough to deal with problems, their interaction with community, partners... More factors you consider in your research, you will be able to evaluate the project with more confidence.

yes but not all altcoin because altcoin is now very much a scam

I just hope some altcoin will be better in the future and the team really works well using the funds that have been obtained, btw I have never heard of the project you mentioned above

I also think like that because many cases that often occur are scams in the altcoin project, so I feel that altcoin must be created, there must be clear regulations because it will provide a very high risk for its users. so when there is a case of fraud or theft there will be appropriate legal action.

The first and foremost thing I would like to see in altcoins or expect in altcoins most especially the new ones is for them to be USEFUL. The simple truth is that, most new altcoins are not useful at all, that is, the usefulness ends once they list, have a few pumps give little profit and that's it, no working products will he heard of again, even if the team had been working on any, they will start lagging behind. While on the other hand, the reason it looks as if top coins keep ruling is that, they have a working product which is useful, their use case is unique and the team are not ready to lag behind. Therefore until new altcoins or rather a good number of them starts doing something different, the ruling altcoins will continue occupying their spots.

hello OP , i think that the 3 projects which you talk about are all made to steal people's money but i am sure that there will be other project's which having a hard time now but which will pop up later in the game as a solid project , ofcourse i do not know which one but crypto will be better and better and developing will go on

I think new altcoins may have encounter hard time to get into the market right now since many have not successfully succeeded. People who had been in this field for a long time had also noticed of how other altcoins had struggle enough just to be able to continue it's goal to succeed in getting people to invest on them. However, if  a new altcoin could have a good platform, perhaps investors may opt to invest and give chance what it can offer with their investment.

New projects still have a lot of design updates that can be applied to the future. many old projects are just following the market from bitcoin with little meaningless updates to the market. but the new project could show extraordinary surprises in 1-2 years of their platform development.

Its a deflationary projects with no usecase the creator of this kind of projects is just for money grabs and this shitcoins are just use for pump and dump scheme Im not saying all deflationary tokens are all the same but it must have use as a utility within a platform and developers must not hide themselves if something unexpected was happened if they hide their identity to public then an exit scam may happen at any moment too risky.

New projects that are really worthwhile have a better chance of showing good growth for at least one reason: they have not yet had a sale at the peak of prices like old projects, many of which are already abandoned.

I know many people disappointed about the altcoin market because of their market dumping. I think not all the project is bad. There is some project that is worth mentioning and can be a good project after all. Though there are some projects that worth mention that came into the market with a good expectation but now they can be called dead projects because of any real use.

and why need to trust and invest in a New altcoins when there are already trusted and reliable currencies existing in our market now?

we are just putting our money at risk when we already knew how new altcoins move this past years.

I would rather buy cheapest old currency than buying newly released coins.