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Topic: What's the most overvalued crypto? - page 2. (Read 1003 times)

hero member
Activity: 747
Merit: 502
September 25, 2017, 06:23:50 PM
#19
BCC, by far this is my opinion of most overvalued coin ever, i don't think it brings anything new to the table, it doesn't have a distinct feature, its just a lump that has fallen out of btc and it got valued over nothing.
legendary
Activity: 3528
Merit: 7005
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September 25, 2017, 06:21:04 PM
#18
Dash is overvalued too in my opinion.
You think?  I don't know.  I'm happy Dash has gotten to $300--I honestly never believed that would happen in my lifetime, though of course I don't own any anymore, having sold what I had at like $3.  Figures.

Take a look at what's offered on Yobit, and you'll see trade volumes of 0.1BTC/day, and they're all valued at a few satoshi.  The ones with no buy walls and no way to even sell them.  Those pieces of shit are probably the most overvalued altcoins in existence.  Things like Ripple & Dash & litecoin, people use those for stuff.  Doge, too.  It's hard to say they're "overvalued" when people are actually paying money for them.  This has always been my problem in crypto.  People try to analyze shitcoins like they're stocks, and it just isn't possible.  There are no earnings, and no business conditions that should affect them.  So basically the market says what they're worth every second, every minute of the day.  How can you say a coin is overvalued when that's the price people are paying for them?
legendary
Activity: 3038
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September 25, 2017, 06:18:34 PM
#17
Ripple is the most overvalued

Most under valued are: UBIQ, Diamond and LTC
I like what, how the ripple was overvalued considering from its current price, the centralized coin should not worth a lot like ripple.

Ubiq seems to be the undervalued but that was the only one from your statement, I just consider that the litecoin was overvalued comparing with there is no innovation has made by litecoin rather than copied the bitcoin development.
legendary
Activity: 1176
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September 25, 2017, 06:12:38 PM
#16
Ripple is the most overvalued

Most under valued are: UBIQ, Diamond and LTC
I used to think that Ripple was overvalued though they've been working pretty hard over the years. The coin that is over valued in my opinion is Dogecoin.
full member
Activity: 252
Merit: 101
September 22, 2017, 12:35:29 PM
#15
i agree that dogecoin and ripple are completely overvalued. one of blockchain important feature is that is decentralized, but at ripple i can't see it. and it is a coin for banks. so sorry not with me.
sr. member
Activity: 401
Merit: 250
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September 22, 2017, 11:59:54 AM
#14
Dogecoin is extremely overvalued. It is nothing but meme and it gained lot of value. It has really high amount of transactions it is really weird. It should be lot lower than current price.
full member
Activity: 490
Merit: 106
September 22, 2017, 11:57:14 AM
#13
In my own opinion the most overvalued cryptocurrencies are
Ethereum Classic - nothing special with this, its just riding on Ethereum success. This is the most overated currently in top 10 with market cap of $957,531,904
Stellar Lumens - payment system between banks just copied what Ripple do. for me this coin doesn't deserve to be listed on top 100
sr. member
Activity: 276
Merit: 250
September 22, 2017, 11:48:39 AM
#12
I think that ICO tokens are overvalued because as I see, there are many projects that do not even have a great product or a good roadmap but still listed on the top 100 crytpocurrency on the marketcap. it is a huge mistake since they are not deserved to have a big market cap at all

Any immediately sold out ICO is likely overvalued. The hype is enormous and there's only one direction for those coin values to go over the mid-term - down.
sr. member
Activity: 532
Merit: 251
September 22, 2017, 11:04:12 AM
#11
How can you say Digibyte is overvalued, its market cap is too low. It is being used more than most currencies out there

Dash is overvalued. Its price is too low to use for any purpose

Bitcoin Cash is overvalued. Its price is mostle depended on its name which has Bitcoin in it.
sr. member
Activity: 750
Merit: 258
September 22, 2017, 11:01:43 AM
#10
I think that ICO tokens are overvalued because as I see, there are many projects that do not even have a great product or a good roadmap but still listed on the top 100 crytpocurrency on the marketcap. it is a huge mistake since they are not deserved to have a big market cap at all
full member
Activity: 149
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September 22, 2017, 10:44:01 AM
#9
Dash, IOTA, NEM are my picks.
hero member
Activity: 574
Merit: 500
September 22, 2017, 10:35:53 AM
#8
Everything except Bitcoin Cash is extremely overvalued.
full member
Activity: 238
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September 22, 2017, 10:32:07 AM
#7
I think ripple, nem and digibytes are the most overvalued coins right now. They don't deserve prices they got currently. Bitquence is bit overvalued too.
hero member
Activity: 700
Merit: 500
September 22, 2017, 10:00:34 AM
#6
I agree that Ripple is overvalued and Dash is overvalued too in my opinion.
There are more of them LTC and Qtum is little overvalued too.


Ripple for sure is overvalued in the total market cap, but i am not sure if it is overvalued on a individual ripple coin basis, being only worth like 17 to 20 cents at any given time.

Will be interesting to see if ripple ever takes off and goes way higher. ETH at one point was less than 1 USDfor a long time.

You never know1

Overvalued, I would say probably when BTC went to 5,000 it was overvalued. Apparently the market agreed and dumped down to 3,600 or so we are at today. Of course i expect it to go baack up as more people use it and buy into it though. next year 10K per btc seems reasonable.
legendary
Activity: 1652
Merit: 1088
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September 22, 2017, 09:59:02 AM
#5
Ripple is the most overvalued

Most under valued are: UBIQ, Diamond and LTC

Agree with Ripple, but I also think Litecoin is overvalued, nobody uses it. Digibytes is overvalued too - it got pumped because they enabled segwit, but again, nobody uses it.
full member
Activity: 350
Merit: 100
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September 22, 2017, 09:49:50 AM
#4
I guess people have read a lot of positive and useful information about most popular cryptocurrencies, but very rarely we see well reasoned criticism of them. What's the most overvalued crypto in your opinion and why?
Bitcoin cash , an altcoin , not a btc fork , it's overvalued too much .
ask
legendary
Activity: 1386
Merit: 1004
September 22, 2017, 09:36:23 AM
#3
I agree that Ripple is overvalued and Dash is overvalued too in my opinion.
There are more of them LTC and Qtum is little overvalued too.
sr. member
Activity: 316
Merit: 250
September 22, 2017, 09:33:29 AM
#2
Ripple is the most overvalued

Most under valued are: UBIQ, Diamond and LTC
full member
Activity: 225
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September 22, 2017, 09:31:32 AM
#1
I guess people have read a lot of positive and useful information about most popular cryptocurrencies, but very rarely we see well reasoned criticism of them. What's the most overvalued crypto in your opinion and why?
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