Do you really think that will happen?
it was very bad, but to be honest I was a little hopeful maybe it would be great if it happened and just leaving the rest of the tokens of very good quality, I think it would be very nice to see that there weren't many garbage tokens filling the market
Topic: Will 90 percent of the coins die? - page 14. (Read 2890 times)
I don't think 90 percent of the coins will die. The number of crypto-currencies already has thousands of projects and many of them are created as a joke or do not have an important goal, but there is a huge number of interesting and necessary projects and their number will only grow. In the future, it is possible that every large company will have its own cryptocurrency.
No one can accurately predict how the situation on the crypto market will develop. But I am fully convinced that Bitcoin is not a bubble, it continues to grow and bring benefits to the digital society. Many altcoins will die in the future, but many will also continue to grow and become more expensive.
Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?
Why must bitcoin bubble burst? Bubbles can inflate and deflate and they don't necessarily burst but yes the majority of other tokens is shit and probably they will die.
Many tokens have already died, another part of them is not in demand and has low volumes on the exchanges, they will soon replenish the same graveyard of dead coins.
Most likely this will happen in the future as there are a lot of unnecessary coins. Only those coins who can really improve the development of technology all over the world will remain current. And will dominate the coin that solves its problems of scalability and liquidity.
Now, I'm not one to recommend anything for anyone. But someone told me to read up on Virie, which is a new cryptocurrency. Other cryptocurrencies have come and gone in the past. Bitcoin still endures but of course it has limitations. Virie has all the advantages that Bitcoin, being the first, might not have (Bitcoin, of course, had a head start, being the first cryptocurrency). This new one is smoother and very user-friendly. This is what has been told to me by someone who knows their crypto. There are other coins like Litecoin and Ethereum on which many have pinned their hopes. We just have to read up and find out for ourselves. And if we feel like investing, only then go for it. What do you think? But going back to what you were saying...sorry I got a bit off the point there....many cryptocoins die out because no one can tell one from another. For a new cryptocurrency coin to stand out, it must facilitate fast transfers and have a user-friendly interface. It must not be the type of thing that would turn a non-technical person off. That's probably why many crypto coins die before they've lived very long.
Sadly yes.. Majority wouldn't make it past the entry level, and the ones which do, struggle to sell their coins. Even if you been lucky enough to make it this far, you need to fight for your customers and make sure you still continue to sell your coins. Only the strongest ones survive
Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?
I think it's true. In the last 6 months, almost all of the coins we keep are at 90 percent loss. Many coins like this are the same. If the bull does not start as soon as possible, the situation will become awful.
This is true but it should be important to note that this statistics is not just confined to crypto. 90% of ALL start-ups fail as we live in an incredibly competitive world. The crypto market in general however will grow, money will flood into the successful ones. I'm pinning my hopes on Plutus, they have a strong team, a live beta product, have been around for three years (all the signs of a long-term successful product).
Plutus essentially is a payments platform that lets you spend in crypto anywhere that ordinary fiat cards are accepted. They achieve this by converting only the amount of crypto necessary to make the payment into spendable fiat which then goes to the merchant, its a very clever idea and would make cryptocurrencies like Bitcoin useable as an actual currency, which in my eyes would revolutionize the sector.
Plutus essentially is a payments platform that lets you spend in crypto anywhere that ordinary fiat cards are accepted. They achieve this by converting only the amount of crypto necessary to make the payment into spendable fiat which then goes to the merchant, its a very clever idea and would make cryptocurrencies like Bitcoin useable as an actual currency, which in my eyes would revolutionize the sector.
While some coins are dying more will keep springing up, so 90% is outrageous so to say as Coinmarketcap keep recording increased number of coins listed daily. This however could only be possible when there is some level of regulations introduced into coin projects and listing.
It is crazy, you can wonder while you wait for 90% to die more will be springing up daily, there are predictions that the total coin listed on Coinmarketcap will be over 5000 by 2023. Serious it calls for serious concern and the need for the regulation of this market
Maybe this will happen. Now more than 50% of the icos are dying, and I am sure that more icos will die in the future. This is sooner or later. When ico became a tool for scammers, it lost its original value and deviated from its proper track. This is the current market situation, it is very unhealthy.
No one can die, and nothing can cost zero, there is a cost, but the fact that now is a difficult time for this market should be considered when buying new coins.
I do think the future of cryptocurrency will be like that, more than 90 percent of all coins now, which over 1000, will die. Only a few good coins with real application will survive and the survival coins will be accepted all over the world.
well this is not true, actually cryptocurrency is getting very Popular as time goes by, i think 30-40% of Altcoins will die and will not survive the test of time, but other strong projects will definitely survive, especially the ones that has use cases
Look at it from a different angle, the project market is developing, there are more and more coins, and most of them will go away or lose value, but those that are well-established will remain, you need to carefully consider the prospects of a coin if you want to invest in an inexpensive young altcoin. But I think we shouldn't say 90%. In my opinion much less coins will die.
It is not a news and now a vast majority of coins are dying and flood coinmarket cap lists.
I bet coins should be deleted from main rating if they don't have volume at all! For example let's take a volume for half a year and if it isn't exceed minimum amount, then stop showing it in coin market cap
I bet coins should be deleted from main rating if they don't have volume at all! For example let's take a volume for half a year and if it isn't exceed minimum amount, then stop showing it in coin market cap
It is necessary to invest as much as it is not a pity to lose, and investing money in a cryptocurrency can not be 100% sure that the coin will reach the end!
Why then the bulk of coins that were already dead in 2014 pumped up like hell in 2018? What ar the probabilities that the history goes to repeat itself? i'm not talking concerning confirmed scams like Bitconnect, i'm talking concerning forgotten shitcoins with none development. they need skyrocketed in price throughout the last two years.
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