Which altcoins will not survive the bear market? - page 4.

vv181

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Quote from: WeThePe0ple on September 21, 2022, 10:27:06 AM

Quote from: vv181 on September 20, 2022, 04:05:36 PM

How does Bitcoin gain its establishment? For being a pioneer? Or just simply the network and the community stand its time and battle-tested here and there. There is a reason why Bitcoin is established, and the cause of it is what some or many people realise the condition of why the coin itself has growth potential.

I think because it was the first one of its kind. Like the first automobile.
Many people bought that automobile. It has been great to them (huge gains), and offered many advantages.
But I believe that there will be better tech. It's just that most people don't know it, and don't recognize it when it's there. I think that 95% of people here, including myself, do not understand the tech deeply enough to make a judgement whether it will be successful or not. That's why I try to collect as many arguments as possible from critics.

One of the aspects I don't fully understand are the differences in terms of centralisation between bitcoin and various altcoins.
Centralisation in the sense that no government can trace who paid who. Who owns what.
That is what they want to know, so they can restrict it and tax the shit out of people.

With bitcoin I don't think this can succeed. So they would have to go after the exchanges and try to regulate them, attacking BTC that way.

Sure better technologies will come, as you have stated yourself there is a degree that the potential and the benefit of the underlying technologies themselves are known to the public. But as of now, I believe there is hardly any cryptocurrency that competes with Bitcoin, in the whole sense. Within the aspects of game theory, economics, decentralization, etc.

About centralization, well, the government does indeed have the button to block a centralized exchange, but it doesn't mean a thing for the network itself. It is possible because the way of how bitcoin ecosystem works are maintained by thousand of nodes. There is also an alternative for the centralized exchange, Bisq for example, which it works in a decentralized manner. So, goverments can not simply just outright total ban Bitcoin, there will always be a person or a country that embraces it.

BobK71

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Quote from: asriloni on September 20, 2022, 09:51:13 AM

So many meme tokens, scam tokens, any tokens with low liquidity will not survive during the bearish market. It's hard to predict which token from so many legit tokens in that market that will be dead. In my opinion if people were also predicting so many scam meme tokens will be dead.
I can only say that as the time already proven that if meme token is not worth to be owned. The bearish market will always be killing the scam token to the hell. This is what i can say that for you.

Agree, currently there is nothing to say about the exact number of coins because many coins are added to the cryptomarket every day. It is very difficult to distinguish which of these coins are legitimate projects. As new coins are added every day, many coins are also dying every day. Invest in projects that actually have utility and that can survive in the future. Here some projects are dead from birth and some may survive for a few days in the beginning and after a few days suffer from the crisis of existence. It is better to invest in old popular projects instead of investing in new.

Kelvinid

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Perhaps the newly emerging tokens will not be able to survive in this bear market, in contrast to mature projects or tokens that already have a community, often also do not survive at prices that are in all bear markets, even though these coins already have names like BNB , ETH, BTC, these three are not willing to maintain their prices in all global markets, so no coin will survive in a bear market..

It was the fact that working projects will tend to survive despite the situation while the scammy projects left dead.
In fact, we often see new project pop up and after a few weeks in turn scams while investors are crying in vain asking for help. So for now, whether that project is new or old, we still need to be more vigilant and just consider those projects that been building a huge community already as this will somehow gives us assurance to earn profit, not those who are build in hype and market manipulation for this won't stay long for sure.

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Quote from: AmoreJaz on September 21, 2022, 06:31:38 PM

Quote from: abel1337 on September 21, 2022, 05:53:14 PM

Quote from: Rengga Jati on September 21, 2022, 05:25:07 PM

Quote from: WeThePe0ple on September 20, 2022, 08:14:18 AM

Does surviving or not depend on the amount of demand?
Or does it depend on the quality of the tech behind the project? Those 2 don't necessarily go hand in hand.

It depends on several points, not only on the amount of demand but also on the utility, trust, people behind, strong team, promotions, fundamentals, and also other values. It is not easy to build the trust and reputation to make certain altcoins become very valuable. There may be projects that seem too good to be true, but in fact, they cannot realize the utility of the projects because they are once more, too good to be true.
Many projects are failed to realize their use case and also road map due to the hard competition in the crypto industry, moroeverthe projects that are only following the hype, like the meme coins, Defi project types, games, and many others. As long as they are only following, the perentage to grow up and survuve during this beairhs era is very small.

That's true, There are many factors in order for a project to survive. A project can't survive on just a single factor. We've seen many project that has a lot of demand on it's release but after sometime it's going down because project seems lacking of other factors that makes other project survive even on bear market. I believe that having a strong team, team seriousness, good fundamentals and project utility is one of the most important factors that makes project survive on every part of the market cycle.

and with those considerations, we need to accept the fact that most alts were created for the benefit of the dev team and not with real intention of surviving and diligently following up their published objectives. only few of these thousand alts can keep up with their targets. and with those few alts, you can only count with real and active usage in the market. sad to say, you can only see serious goals in top alts.

Yes, it's a open secret here in crypto market that those developers are just for pure money grab. They will create a meme coin, then market it here or somewhere else, wait for investors to come in. And when the time is right, they are going to sell their shares without anyone noticing it.

And it's going to continue, despite this bear market, there are still a lot of alts that will be born this way. Just like for example, when the Queen of England die, maybe meme coins pop up and supposedly to give respect to her. But it's not the case.

AmoreJaz

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Quote from: abel1337 on September 21, 2022, 05:53:14 PM

Quote from: Rengga Jati on September 21, 2022, 05:25:07 PM

Quote from: WeThePe0ple on September 20, 2022, 08:14:18 AM

Does surviving or not depend on the amount of demand?
Or does it depend on the quality of the tech behind the project? Those 2 don't necessarily go hand in hand.

It depends on several points, not only on the amount of demand but also on the utility, trust, people behind, strong team, promotions, fundamentals, and also other values. It is not easy to build the trust and reputation to make certain altcoins become very valuable. There may be projects that seem too good to be true, but in fact, they cannot realize the utility of the projects because they are once more, too good to be true.
Many projects are failed to realize their use case and also road map due to the hard competition in the crypto industry, moroeverthe projects that are only following the hype, like the meme coins, Defi project types, games, and many others. As long as they are only following, the perentage to grow up and survuve during this beairhs era is very small.

That's true, There are many factors in order for a project to survive. A project can't survive on just a single factor. We've seen many project that has a lot of demand on it's release but after sometime it's going down because project seems lacking of other factors that makes other project survive even on bear market. I believe that having a strong team, team seriousness, good fundamentals and project utility is one of the most important factors that makes project survive on every part of the market cycle.

and with those considerations, we need to accept the fact that most alts were created for the benefit of the dev team and not with real intention of surviving and diligently following up their published objectives. only few of these thousand alts can keep up with their targets. and with those few alts, you can only count with real and active usage in the market. sad to say, you can only see serious goals in top alts.

abel1337

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Quote from: Rengga Jati on September 21, 2022, 05:25:07 PM

Quote from: WeThePe0ple on September 20, 2022, 08:14:18 AM

Does surviving or not depend on the amount of demand?
Or does it depend on the quality of the tech behind the project? Those 2 don't necessarily go hand in hand.

It depends on several points, not only on the amount of demand but also on the utility, trust, people behind, strong team, promotions, fundamentals, and also other values. It is not easy to build the trust and reputation to make certain altcoins become very valuable. There may be projects that seem too good to be true, but in fact, they cannot realize the utility of the projects because they are once more, too good to be true.
Many projects are failed to realize their use case and also road map due to the hard competition in the crypto industry, moroeverthe projects that are only following the hype, like the meme coins, Defi project types, games, and many others. As long as they are only following, the perentage to grow up and survuve during this beairhs era is very small.

That's true, There are many factors in order for a project to survive. A project can't survive on just a single factor. We've seen many project that has a lot of demand on it's release but after sometime it's going down because project seems lacking of other factors that makes other project survive even on bear market. I believe that having a strong team, team seriousness, good fundamentals and project utility is one of the most important factors that makes project survive on every part of the market cycle.

Shasha80

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Quote from: Johnyz on September 21, 2022, 04:52:20 PM

Quote from: goaldigger on September 21, 2022, 04:25:35 PM

Quote from: ?? on ??

If even Bitcoin can't survive the bear season, no coin can. According to me, those who say that this coin will last, trust it are people who do not understand this business. Friends, do not trust what anyone says, do your own analysis.

If they are claiming to be a good project, then your job is to do some research about it and know if they are telling the truth. Shitcoins can’t survive the bear market, they will pull out as early as possible to avoid further losses now if you see some opportunity to buy good coins at the bottom price, better to grab it now. The increasing FED interest rate still seems to be the problem to many, hoping that cryptomarket will finally recover from this bear market.

What can we expect from shitcoins? They wont last here but probably they will come back again for a different project name with the same purpose which is to scam the investors. The bear trend might take longer this time, the world economy is still suffering and sad to say many wont survive this bear market, to avoid any losses we have to change our strategy now and just invest on good coins, by this we might still have the chance to make profit.

Therefore, always do research and analysis so that we don't invest in shitcoins, because as you said we can't expect from shitcoins. Which this
year's bear market is still not over, it means that there will be a lot of coins that will not survive in the market and it could be that in the end
the number of scam projects will increase. Therefore, don't buy coins based on other people's recommendations, always decide based on
the results of research and analysis that we do ourselves, so that we really ensure investment in potential projects and we can make a profit
when the market recovers. However, in a bad economic situation, we must be more careful and wise in spending our money. We should not take
the risk of investing in new projects that we are not familiar with, because it will only make us lose money in the end. In my opinion, the best
strategy is to buy top coins that have strong fundamentals and high demand, that way our chances of making a profit are much greater.

Rengga Jati

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Quote from: WeThePe0ple on September 20, 2022, 08:14:18 AM

It seems to me that BTC and Ethereum thank their growth prospects to their established names, rather than the tech behind it.

Seriously?
Please larn more about Bitcoin and Ethereum, and how they are so valuable compared to other cryptocurrencies.

Quote from: WeThePe0ple on September 20, 2022, 08:14:18 AM

Does surviving or not depend on the amount of demand?
Or does it depend on the quality of the tech behind the project? Those 2 don't necessarily go hand in hand.

It depends on several points, not only on the amount of demand but also on the utility, trust, people behind, strong team, promotions, fundamentals, and also other values. It is not easy to build the trust and reputation to make certain altcoins become very valuable. There may be projects that seem too good to be true, but in fact, they cannot realize the utility of the projects because they are once more, too good to be true.
Many projects are failed to realize their use case and also road map due to the hard competition in the crypto industry, moroeverthe projects that are only following the hype, like the meme coins, Defi project types, games, and many others. As long as they are only following, the perentage to grow up and survuve during this beairhs era is very small.

Johnyz

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Quote from: goaldigger on September 21, 2022, 04:25:35 PM

Quote from: ?? on ??

If even Bitcoin can't survive the bear season, no coin can. According to me, those who say that this coin will last, trust it are people who do not understand this business. Friends, do not trust what anyone says, do your own analysis.

If they are claiming to be a good project, then your job is to do some research about it and know if they are telling the truth. Shitcoins can’t survive the bear market, they will pull out as early as possible to avoid further losses now if you see some opportunity to buy good coins at the bottom price, better to grab it now. The increasing FED interest rate still seems to be the problem to many, hoping that cryptomarket will finally recover from this bear market.

What can we expect from shitcoins? They wont last here but probably they will come back again for a different project name with the same purpose which is to scam the investors. The bear trend might take longer this time, the world economy is still suffering and sad to say many wont survive this bear market, to avoid any losses we have to change our strategy now and just invest on good coins, by this we might still have the chance to make profit.

posi

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Quote from: WeThePe0ple on September 20, 2022, 08:14:18 AM

Feel free to share your guess, but please back it up.
Does surviving or not depend on the amount of demand?
Or does it depend on the quality of the tech behind the project? Those 2 don't necessarily go hand in hand.

It seems to me that BTC and Ethereum thank their growth prospects to their established names, rather than the tech behind it.
If you think it's different, let me know.

Will not talk about trending tokens and memes, I just give my opinion on top altcoins. If we talk about altcoins other than ETH and BNB, all the remaining altcoins are likely to not exist or will be replaced by newer altcoins. Alts are often replaced during each bear season because they cannot compete with new projects, as older technology will cause demand to drop and will be replaced by new projects.
This usually happens with older altcoins from 2018 and earlier as they don't have too many features, but nowadays layer1 and layer2 projects are all extensible so they are easy to upgrade to any technology which is new. So it's very hard to be replaced or die unless the developers don't want to develop the project anymore.

isaac_clarke22

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Quote from: Z390 on September 21, 2022, 11:17:11 AM

~

Well considering that it is not being reported lately and the hypes just seemingly died down or at least became quiet, it surely slowly becomes a meme now. Most of my colleague had abandoned their NFT coins now considering that back then it was still booming especially AXS. I have not heard anything from them unlike before.

Not sure if there are still more NFTs being created, but from what I am reading so far, Metaverse along with Web 3.0 is just the discussion though not the hype. Just take my word with a grain of salt though as this was my rough observations lately.

Finestream

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Quote from: asriloni on September 20, 2022, 09:51:13 AM

So many meme tokens, scam tokens, any tokens with low liquidity will not survive during the bearish market. It's hard to predict which token from so many legit tokens in that market that will be dead. In my opinion if people were also predicting so many scam meme tokens will be dead.
I can only say that as the time already proven that if meme token is not worth to be owned. The bearish market will always be killing the scam token to the hell. This is what i can say that for you.

Unless those coins have never been established and have never been proven their value in the market, then most likely they will end up undervalued and later on become dead coins in the market. This is always observed on shitcoins and meme coins in the market as they only lived when there is hype and when it’s over, their prices start to plummet and eventually die.

goaldigger

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Quote from: ?? on ??

If even Bitcoin can't survive the bear season, no coin can. According to me, those who say that this coin will last, trust it are people who do not understand this business. Friends, do not trust what anyone says, do your own analysis.

If they are claiming to be a good project, then your job is to do some research about it and know if they are telling the truth. Shitcoins can’t survive the bear market, they will pull out as early as possible to avoid further losses now if you see some opportunity to buy good coins at the bottom price, better to grab it now. The increasing FED interest rate still seems to be the problem to many, hoping that cryptomarket will finally recover from this bear market.

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Quote from: AmoreJaz on September 20, 2022, 06:28:35 PM

Quote from: blockman on September 20, 2022, 05:58:09 PM

BTC and ETH have their respective technology and that's why they're considered at the beginning by many. Although being the first one really portrays a big part.
But, look at those projects after bitcoin was launched. There were many of them that can be said that they're one of the first projects after bitcoin but they're nowhere to be found today and they didn't survive.
That's why the technology of the project is still having that big share of its pie and why investors are choosing them. There's also this consideration that some of them really have a good proposal of their technology but didn't gained a lot of attention because of lack for marketing and spread of its word.

most projects that come after btc are crap. that's the main reason why they did not survive. their respective devs are just here to fill their pockets. only few projects have the sincerity to deploy their technology and make a change in this market. as we have seen, a lot of alts disappeared already because their foundation itself is weak. you will know if the network is valuable if it is being used by many projects like eth.

I agree, those developers that are for the money. They see themselves very short term with the project that they have been developing but those that have been looking at their project being used by the people and with actual technology that it promotes, they are rewarded for working on it for a long time and perfect example is Vitalik. Too many alts were already out of the market after bitcoin and even they were made before the popular projects these days, we can learn on one fact that bitcoin has saw all of them.

newdevices

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Quote from: Z390 on September 21, 2022, 11:17:11 AM

Many NFTs will become paperweight soon and also meme coins that have less strong followers with low volume, I feel the bear market panic hasn't even started yet when it does many will start panicking, and we will start hearing that Bitcoin is dead, again.. We haven't gotten to that stage yet, have we?..

NFT coins are seen at this time as being very bad, especially since many NFTs have fallen by more than -99% from the top price,
of course this is what makes many people think that NFT coins will not survive, but for me not only for the short term, but also for the short term.
long term of course NFT altcoins will be successful again, this is just the beginning, the future of technology is still very long

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Many NFTs will become paperweight soon and also meme coins that have less strong followers with low volume, I feel the bear market panic hasn't even started yet when it does many will start panicking, and we will start hearing that Bitcoin is dead, again.. We haven't gotten to that stage yet, have we?..

WeThePe0ple

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Quote from: vv181 on September 20, 2022, 04:05:36 PM

How does Bitcoin gain its establishment? For being a pioneer? Or just simply the network and the community stand its time and battle-tested here and there. There is a reason why Bitcoin is established, and the cause of it is what some or many people realise the condition of why the coin itself has growth potential.

I think because it was the first one of its kind. Like the first automobile.
Many people bought that automobile. It has been great to them (huge gains), and offered many advantages.
But I believe that there will be better tech. It's just that most people don't know it, and don't recognize it when it's there. I think that 95% of people here, including myself, do not understand the tech deeply enough to make a judgement whether it will be successful or not. That's why I try to collect as many arguments as possible from critics.

One of the aspects I don't fully understand are the differences in terms of centralisation between bitcoin and various altcoins.
Centralisation in the sense that no government can trace who paid who. Who owns what.
That is what they want to know, so they can restrict it and tax the shit out of people.

With bitcoin I don't think this can succeed. So they would have to go after the exchanges and try to regulate them, attacking BTC that way.

Silberman

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Quote from: WeThePe0ple on September 20, 2022, 08:14:18 AM

Feel free to share your guess, but please back it up.
Does surviving or not depend on the amount of demand?
Or does it depend on the quality of the tech behind the project? Those 2 don't necessarily go hand in hand.

It seems to me that BTC and Ethereum thank their growth prospects to their established names, rather than the tech behind it.
If you think it's different, let me know.

Personally since the number of altcoins in this market is so huge it would make more sense and be way faster as well to talk about the altcoins which have the greater chances of surviving, as the majority of the coins that are now in the market will at some point collapse during the next two years as investors are not willing to risk their money with them anymore, due to the adverse conditions we are going through in the market of cryptocurrencies.

KellyHands

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The truth is that several altcoin would not survive the bear market. It has been like that for a while now and it's logical to see that projects would be out of funds due to low activity and low value of their tokens. Developers and itineraries of the project may come to a halt especially if the bear market is for long. But based on precedence we shouldn't expect altcoin to stand the test of time.

Ahli38

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During this bear market I saw a lot of new altcoin projects collapsing or failing. So it's very common during a bear market that not many new projects surface. except GMT coins. they accelerated from the lowest prices and created hype. although now the price is still going down. and I don't know if this coin will last or not.

In 2021 we see more altcoins coming to the fore. but in 2022 only a few can come to the fore. because most of them failed to build projects due to going against the bearish current. but there are also projects that are paused while waiting for the bear market to end.

Topic: Which altcoins will not survive the bear market? - page 4. (Read 823 times)