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Topic: What future is expected for new altcoins? - page 7. (Read 1031 times)

member
Activity: 490
Merit: 10
Scams, honestly too many new projects entered this haven to steal and cater away with your money, make sure you do very intense research before investing on new altcoins, they aren't reliable like old altcoins
sr. member
Activity: 616
Merit: 250
I feel like only a few new coins right now will last in the market. I can't seem to picture a future with tons of coins sharing the marketcap. This means that the market will probably cut some alts from the market to focus more on the other coins.
sr. member
Activity: 1183
Merit: 251
Those projects were scam projects. It looks so funny to see the vision of SVC and i kinda feel will SVC replace BSV in the future? All of those coins have no track record.

All of non sense ideas were using by them
copper member
Activity: 966
Merit: 5
To be sincere not all new altcoins are good or should I say about 90% of them are bad. Taking a look at new altcoins today one can only see a team are busy fending for themselves first while giving excusing to developments and so on. And this nonchalant behaviour has caused most investors to only care about profit, that is, once IEO is done, they dump and move on, taking their capital plus profit.
From another perspective, most new projects goes about copying others, which now brings the concerns of, how then can they develop when they don't have the right knowledge about what they are doing. So nowadays, holding new altcoins for long, 90% of the times ends up in regrets; thus it's better to hold for for short term to be on the safer side unless there is a strong motivation behind that new project.
member
Activity: 784
Merit: 21
do you think new altcoins will have a good future?

What do you expect from the new altcoins?

today i took the time to see some projects and found some things that made me think: What future can we expect from new altcoins?

to get an idea I found these projects:

Banana Bomb

Banana Bomb is a Deflationary/Reward Token with a Destruction rate of 3.5%. This means the total supply decreases with each transaction. Reward Rate of 3.5%, it means 3.5% of every transaction is sent to a reward wallet. These reward tokens are then distributed to a randomly generated number of users every month.

https://www.bitcoin-monkey.com/banana-bomb

I didn't see any team member


satoshivisioncoin


GLOBAL P2P PAYMENT SYSTEM

SVC is a token for P2P transactions. Our vision is Satoshi Vision use SVC as BTC. SVC is alternative to Bitcoin.

https://satoshivisioncoin.com/

I didn't see any team member

it looks like a project to steal people's money

moneytoken

A decentralized ETHEREUM based Network

https://moneytoken.xyz/

I didn't see any team member

it looks like a project to steal people's money



I could put more other projects, but for now I think that with these projects that I put in, we can have a good discussion about which way we are going
All these altcoins are bad new projects, there are few good new altcoins that are worth investing on right now like
1. Seele
2. Temtum
3. Tezos
4. Cartesi
5. Sero protocol
copper member
Activity: 658
Merit: 402
Most of the new altcoins/projects in the markets are worthless and they don't even have any potential to succeed. But, I know there are still new altcoins that are good and worth it to invest. It seems all the projects that you provided are sh*tcoin and they can even call scam projects because you already stated that they most likely to steal people's money. Nowadays, it's hard to trust new projects because there's a tendency that they end up on being scam projects, and that's why we need to be good at classifying the good and scam project so we can avoid losing money.

We should be wise on choosing new projects and don't just easily believe in the things that you have seen and always do proper research, especially if you are going to invest your money in the new projects. I won't trust the project on the list and they don't even have team members on their website. Probably, we need to avoid those kinds of projects.
hero member
Activity: 1218
Merit: 500
BintexFutures
Almost 90% of the projects are designed just to scam people out of their money hence we should always do extensive research about the project before investing any funds. And scammers are in full force right now so we have to be extra careful.
member
Activity: 476
Merit: 22
The future of most new altcoins are uncertain, anything can happen, very few new projects are promising nowadays, you need to trend carefully or you will get burnt easily
member
Activity: 690
Merit: 12
There are consequences for every action
I think for new altcoins, it is a straight forward situation for them.
If the new altcoins can work well and develop a very realistic platform, with an accommodating community as well as garner the necessary hypes, then the future should be bright.

Another core option that should be treated wisely is exchange listing, new altcoins must endeavour to list on a exchange that reflects their virtue and will aid the development of the tokens, because to my knowledge, some exchange are project killers.
hero member
Activity: 2870
Merit: 594
I'm not really sure about new altcoins in the cryptosphere, it seems that the market is really saturated already and we haven't seen altcoins enjoy the support of community since 2017. Few of them survived up to this day, and majority are dying. Regarding those coin you mentioned, I'm not familiar with it, and it's really hard to understand if they can bring something new. So I'm not expecting big to happen, and if ever we are in a bull run, the usual pump and dump are to be expected.
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
Not sure I have heard of both coins/tokens before. 
If you have done a proper research on both and not convinced, then it's probably better to just avoid them.
Unfortunately we don't have a generally accepted standards for ranking cryptos yet. An affordable and proper ranking system could make things more difficult for substandard/scam projects. If they don't get reviewed and ranked, people would be more careful using them.
The reason is that in this cryptocurrency market, we hardly know whether a project is a scam or not until we got scammed. Therefore, it's impossible to create a generally accepted standard to rank cryptos. Traders and investors have been telling each other to do good research and use our experiences to realize the risk before joining in. I think that's all we could do for now!
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Not sure I have heard of both coins/tokens before. 
If you have done a proper research on both and not convinced, then it's probably better to just avoid them.
Unfortunately we don't have a generally accepted standards for ranking cryptos yet. An affordable and proper ranking system could make things more difficult for substandard/scam projects. If they don't get reviewed and ranked, people would be more careful using them.
full member
Activity: 1148
Merit: 116
Not all new altcoins are good, many of them are bad and most of the good ones are good for short term invest only, you need to do good research before buying any new altcoins and only risk what you can afford to lose
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
do you think new altcoins will have a good future?

What do you expect from the new altcoins?

today i took the time to see some projects and found some things that made me think: What future can we expect from new altcoins?

to get an idea I found these projects:

Banana Bomb

Banana Bomb is a Deflationary/Reward Token with a Destruction rate of 3.5%. This means the total supply decreases with each transaction. Reward Rate of 3.5%, it means 3.5% of every transaction is sent to a reward wallet. These reward tokens are then distributed to a randomly generated number of users every month.

https://www.bitcoin-monkey.com/banana-bomb

I didn't see any team member


satoshivisioncoin


GLOBAL P2P PAYMENT SYSTEM

SVC is a token for P2P transactions. Our vision is Satoshi Vision use SVC as BTC. SVC is alternative to Bitcoin.

https://satoshivisioncoin.com/

I didn't see any team member

it looks like a project to steal people's money

moneytoken

A decentralized ETHEREUM based Network

https://moneytoken.xyz/

I didn't see any team member

it looks like a project to steal people's money



I could put more other projects, but for now I think that with these projects that I put in, we can have a good discussion about which way we are going
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