Bitcoin Forum

All coins suck completely. Whats wrong? Why no future?

How slowly is humanity progressing if not even tech can do a little anything? ;)

What's wrong is that they jist too damn many of them!  The number of people in crypro isn't rising nearly as fast as the number of coins that git shat out.  It's like diarrhoea city all up on Yobit if you been there lately.  Ain't nobody gonna use all them coins.  Ever.

Have you been here in 2012 too?

If so you're yet another witness of the fact that coins have not progressed.

In fact they have gone backwards.

Crypto platforms have not progressed.

The USA has not progressed, now we had Obama and now we have Trump.

I've been to China in 2012, same parts now in 2016.  Everything looks and feels completely different.

I see the end is near

rabble
rabble
rabble

-said some n00b

https://media.makeameme.org/created/RABBLE-RABBLE-.png

http://barfblog.com/wp-content/uploads/2009/10/blame_canada.jpg

It's like diarrhoea city all up on Yobit.  Ain't nobody gonna use all them coins.  Ever.
It's like diarrhoea city all up on Yobit.  Ain't nobody gonna use all them coins.  Ever.
It's like diarrhoea city all up on Yobit.  Ain't nobody gonna use all them coins.  Ever.
It's like diarrhoea city all up on Yobit.  Ain't nobody gonna use all them coins.  Ever.

TQ
Huge Black Woman

i agree  ;D

because this humanity that you are talking about is only thinking about how they can progress the amount of money in their pocket not improving technology.
and the result is combination of 2-4 letters making a new name with the same code with small differences pump and dumping it every day.

Most of the shit coins you see are just copy/paste coins that some kids are pumping and hoping to earn a few bucks on unfortunate guys that invest in their scam coins. YoBit is exchange that adds a lot of that shit stuff so just don't look there if you don't really know how to differentiate them from potentially good ones or if you are new to altcoins overall.

I cant believe nobody gets it. I will give you a hint. Lack of Madison avenue.

Bitcoin is progressing and getting more adoption while other alts are just backed by some random company/person who will pump the price in few trading platform with their own money and dump all their coins to weak hands when there will be large volume for their coin.

All alts are just copy cat no any have offered different solution till now, that is major cause why other alts/crypto are not progressing forward along with greed of dev team.

Yes it is,and the latest one is Ebitz the dev scammed almost 150 BITCOIN before he was exposed but it was to late investors has put their trust on him,we really need to be educated on how to spot a scam projects ,they keeps getting better and they learn a lot on how to set up scam projects..

Crypto currency is like the dot com bubble in the early 90s.
Tons of people are looking to make a quick buck and a HUGE bubble is forming.
A year or two from now there is going to be a crash and we will be lucky if more than three or four coins are left.

Everyone wants to take advantage of the popularity of cryptocurrency in general and bitcoin in particular and make money out of it. Those who have knowledge and skills create copies of already established and existing popular and valuable coins like bitcoin and others who don't have that much knowledge and also resources they by somehow quickly acquiring those coins and then selling them thus everyone wants to make money as soon as they can and before this cryptocurrency boom comes to an end. And that's why only, I guess, all these coins don't have a future and that's only what's wrong with them.

He says..

Ya but but.. i been here since 2010 i just never registered an account yet  :D

Progress takes time, effort and dedication....not copy & paste :)

There has been some progress, but it can be hard to find when its not truly groundbreaking and buried in a sea of copy/paste, ICO scams and what not!

They can become the shit way for grab money. Some was offering his ico without any development and makes the coin have died. The instant way for grab money from the person.

Copycats,editing source code, forks becoming a part of ico.

The issue is in your mind, you are making it a such a big deal while only less than 2 million people are involved with crypto you imagining the world and humanity is at stake.
Near 8 billion people on this planet and you expecting a little tech like crypto can do anything to help them as for projects in crypto be legit and not scams to avoid failure?

there is no problem with altcoins. the problem is in what people expect out of altcoins. when you expect moon and when you expect them to replace bitcoin this is what you get in return: your money lost.

I keep seeing the same thing every time. new people come in and start believing the hype thinking they are going to get rich if they buy into the bubble and keep holding the coins they have bough and meanwhile the whales dump on them to become more and more rich.

Placebo is what's wrong.

Someone needs to go to Belgium and bitch-slap him hard.

This happen every-time the value of BTC rise. I knew that today i can pull my order worth 9BTC of LISK on Poloniex but unfortunately theprice fell so bad that all my coins are deprecating.

Im also down with the all altcoin I invest in. All price are
dumped right now, seems my investment will take long
to earn profit. But, as we all know bitcoin has becoming
volatile its price, its increasing its price thats why altcoins
dumped. Sadly, I should wait that price of altcoin i invest
with will high the price.

We should really wait to the next price increase because its not really an ideal move that we would panic sell on those altcoins we bought which is a waste of money if we proceed such actions and its better to hold off because those will surely increase again but we dont know when.You are right most altcoins now are tending to drop its price because of bitcoins price inflation.

WBB has held mostly very stable wiht ALL BAD DUMPS lately.
It was 28-30's range and only recent took dip sub 20k but is not bad % vs. others who are 100%'s down!!!

I could not believe the rate at which Vcash fell in two days - from 0.000196 to 0.000092!
I have decided not to hold new coins for more than one day >:(

Agree. The great majority of alt coins are just BTC clones, and some of them are even cloned from ETH, with a few only providing promising technology and good development team. If you take a good look at what's happening in crypto land right now, there have been a great number of ICOs emerging almost every day. But, it is up to debate whenever these projects may truly deliver as promised in their ICOs. That is why, if considering to invest into a new altcoin, you should first make a research about its community, development team behind it, number of premined coins, among other factors before regretting losing all your money at once.

In my case, those new altcoins that look promising, I try to invest the minimum amount possible, as if the coin then gets dumped, I wouldn't have loss to much money. Just my opinion.  ;D

This is related to the Bitcoin uptrend. In the current market conditions, with half reward per block, increasing demand from India and China, Segwit, all this creates conditions for Bitcoin to reach new heights, this creates uncertainty regarding altcoins.

With such factors in scene, you need to take extra caution before investing, because even under normal conditions altcoins are already a risky investment.

if there ever was a real bubble, and nothing that's happened with any coin including bitcoin resembles that, every nobody with a little bit of dust here now would be rich.

none of these pumps are down to more than a few hundred or thousand people. if tens of thousands, let alone hundreds of thousands or more, got on board people would have their breath taken away. we ain't seen nothing yet.

it would probably be best for everyone coming after that the shitcoins died before then as there's no limit to greed and stupidity.

We will see even more pump in bitcoin and even in other altcoin as this crypto fever is hitting countries like China and in India it hasn't been started yet. The pump is just building up and there is room for growth as well as hype. The best thing to do is go long in bitcoin as bitcoin is the torch bearer for cryptos and new people come into crypto with bitcoin.

hahaha, what you said is correct, their will be always new coin coming in the market and they are pumped and dumped it but it does not mean that genuine altcoins will get affected. They will be their in market. and when ever the price is crashed it is a good time to buy and get profit when the problem get solved. Their is no bubble in crypto currency their are always new coins come and go but crypto currency wont die

I agree if you look at all this newly launched coin they are just copy paste of existing coins,they just change the graphics put some interesting roadmap,create a buzz,and actively marketing it and voila ,we have a new coin in the market and surprisingly people are going and throwing their bitcoin on it.

As of yesterday this has changed. Gulden has pushed crypto into the future with their 1.6.0 release yesterday and they have even better projects coming next year.

https://developer.gulden.com/blog/

They have also delivered on the roadmap every step of the way.

https://developer.gulden.com/roadmap/

its not that difficult to grasp, what happens has been happening over and over again. When Bintcoin goes up, Altcoins first crash (wich is a healthy, cleaning process)
if Bitcoin doesn't go down for a while, Altoins, that survived, are starting to follow and tend to end up higher than before the crash.

to navigate savely first act right to have the preconditions:

1) always have a satisfiing amound of BTC, to not have to panicsell alts
2) an alts choose informed, wisely and inpendent from hypes, especially the mostly payed press
3) always have a clear definition for your self, on what you like to accomplish with your investment (some for fast trades, some for holding, whatever)
4) support those teams, of the coins you hold, its YOUR investment
5) on booming altcoin markets, ico madness a.s.o. go and BUY BITCOIN

Trading

1) if Bitcoin goes up and your portefolio has ben manages wisely, stickk with the good ones and help them to survive
2) when markets crash because of BTC rise: Buy those, who have proven themself as active and with a future concept
(this does not always mean new technology, but mostly is)

Always have a regularty personal contact to the maintainers, of your choosen coins. If this isn't possible: Drop them.
Support the teams and if its just showing up in their thread from time to time. Others should see your support and this will benefit your investment.

monitor the threads of the altcoins you hold (crazy how many don't do that) monitor their twitter accounts, don't trust magazines, that are getting payd for their Articles,
there are many undervalued, smaller publishers, that may not alway be right with their opinions, but much more often, and honest enough to get a picture of whats goin on.

if you follow these guides
no worry at all
Matthias ;D

Nothing is wrong with ALTCOINS


Just weakhands moving out into BTC

But in the end ALTS will return as strong as ever, most people buying higher and higher then

Id say invest a vast portion into a variety of altcoins, hold them for the next 4-8 monts, ure more likely to see a 3-5x rise

Sticking with bitcoin is the best thing to do for now. And If you want to get into Alt coins, I think it is best to go with the top 10 or top 5 coins based on market capitalization.

The truth is that there are few currencies that provide a significant improvement over Bitcoin, and the number is even lower when trying to identify currencies with improvements that could not be implemented in Bitcoin itself. This is a time when caution is needed when choosing the currency to invest. If you are little experienced in trading, the best thing to do is hold the Bitcoins, and seize the moment to learn more about how the market works.

All other coins are clones or fake or scams till they are proven. They need to prove of they are worth the money and time of investors first. And please, no more investing into ICO.

First of all we do not need a fucking coin for each and every service some one could potentially provide over the internet. I wanna sell milk so I go and develop a freaking crypto coin for it, now I have changed my mind and now going to make ice creams, oh wait for it................
Now here you go ICC short for Ice Cream Coin and just planning to earn a few hundreds bucks each day for next 6 years, how you may ask? really easy I'd just need to first announce it and things like pools, explorer, wallets magically appear from every corner.

Second of all the gap between bitcoin and other so called digital assets with fake given value is so fucking huge, like bitcoin is in right side with $12B marketcap and all other few thousands shitcoins with $1.5B in left side, so I guess going ahead and investing in the lefties is totally cool right?

get into altcoins for what?
if you mean for using them for some application then there is only bitcoin to look into and no other altcoin has any real world application that can even compete with bitcoin.

but if you mean for trading and making profit then there is no rule for which altcoin you choose. as long as that altcoin is not dead and it is being traded then there is a chance to make profit from it otherwise it is not limited to top 10.

Because we have too many shit coins where dev's only purpose is to make money with pump and dump. And after success of eterium,lisk etc people invest in shit coins assuming they will make them rich

I dont think they intend to invest on to became rich, but the right word to be used is to gain some profits, but we cannot blame them since they believe that ICO's are better investment while in really we will get a hard time to find a potential ICO coins since their are so many shitcoins who looks good and appealing, and that should we need to take care off since ICO scams are splattered just to scam.

ICOs are just helping Maintainers to quit their job and move to the Bahamas,
i know only very few, who are using them, what they are meant to be for.
There are coins that haven't started an ICO, not because they like to stay powerless,
but because maintainers, have earned enough money in their life, BEFORE they started to engage in crypto.

read here:
ABOUT FEDERATED BLOCKCHAINS FUNDING AND ICO POLICY (https://bitcointalk.org/index.php?topic=1692720.msg17021542#msg17021542)


have fun
Matthias


https://pbs.twimg.com/media/CuwMx_QWIAAnbft.jpg:large


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O.K. taking the risc of being over-present here: It's me again

I kind of read over this one and it didn't got out of my head, because it represents a fundamental misconception about the sense and nonsense of altcoins.

Let me assure you i am the first, who is with you when it comes to criticism about ICO and any other "funding" policy.

But when it comes to sense, let me try to explain another viewpoint.
Bitcoin has invented a way of thinking about the topology of network systems as a whole.
So its a good thing, that people are beginning, to have ideas, to build stuff and to try out all sorts of things, you could do with it.
This does not have to mean, anybody is thinking about a "better Bitcoin" or even about ANY revolution at all.
Some may think so and some/many of them may even have a misconception about their own projects, thats right,
but it doesn't matter about the fact, that this people inventing stuff with and without sense is the soul of what gives progress to humanity.
Even if you are witnessing a great bunch of insane or ridiculous shit: Its creativity at its best.

There are, despite the "shit", projects around, that are developing breath taking technologies and THIS is all what counts.
In fact, Bitcoin may profit a lot from that, because everybody will agree, that its bad a bad idea to play around like this, with bitcoin itself,
while on the other hand Bitcoin may be able to cherry-pic from the outcomes.
Even besides the technology aspect, Bitcoin is a SOCIAL invention, that is DONE by using technology, so even without the aim,
to build new technology, experimenting with different configurations makes sense.

And last but not least there are first fruits we learned from playing around,
and that made some coins, that will do something slightly better than Bitcoin and wont replace it,
but help to do something else, as we are in the same boat.
And if its only, to be less arrogant and through this, getting REALLY to the people.
Bitcoin is already an ecosystem, but dismissing its lab, that in fact represents the crowd, where it emerged from,
is doing the same error of traditional finance a second time in history

have fun
Matthias

i dont think that investing your coins can make you rich... Maybe this can give u a small profit or either scam from investing sites... Well for me in my expirience bad experience investing my coins from thhose investing sites.. Which they easily scam your money

I dont think i will buy into any future alts in the hope of holding them for future profits. It seems all alts are good for is day trading to try and make a bit of profit. Almost all coins ive bought to hold have ended up losing massive value.  Best to just get rid of all of them and continue to develop bitcoin.

Best strategy to be my friend

1) do not buy Bitcoin under 500$
2) if Bitcoin reaches 750: Panic, sell all your altcoins to me!
3) When the run is over, come back and buy your Coins back for twice the price
4) after Bitcoin crash don't buy under 500
5) if Bitcoin reaches 850: Panic, sell all your altcoins to me!
6) When the run is over, come back and buy your Coins back for twice the price
7) after Bitcoin crash don't buy under 700
8)l if Bitcoin reaches 1050: Panic, sell all your altcoins to me!
9) When the run is over, come back and buy your Coins back for twice the price
10) Don't stop doing this, I love you ...

lol such fun
Matthias  ;D

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not all coins shitcoins
but if you want buy icon you must selective, because if you choice buy ico selling is scamer coin you can lost your money
good coin use ico selling sample is monero, monero price in ico selling only 40k satoshi this now monero price is fantastic

The biggest problem is once something does well everyone wants to just o on the bandwagon. Now the second problem is the plague of scammer wanting to make some quick btc. It is up to us to sort the shit coins from good coins and only support ones worth supporting or this problem will never go away and scammers will continue to come.

The smart money heard BTC was gonna be taxed by the IRS so they are fleeing back into BTC.

Shortly thereafter, they will cash out.

#altdeaths

You got played.

Pump,dump and repeat this is what happening in the altcoins ,people are in a hurry to buy the ICO and also in a hurry to dump it in the market when it hit there,then they go to another new kids in the block which is a new Ico it's a never ending cycle because there are a lot of money to be made.

you are saying it like everyone is from usa here, i can't give a damn about irs and their taxation, and many other from other country, don't care either, so that is definitely not the reason for this, not to mention that citizen from sua will find a way to avoid paying them

The term capitalization means as much as pimps promise to fund a hawaii trip for his most meisterhaft whore. Nothing. Combined altcoin capitalization pumps to the skies with 0.01% of bitcoin supply. It can pump infinitely with an ease of drunkard's thumbnail cracking a beer bottle. Plot an altcoin index based on any given altcoin capitalization and u will see that a bunch of senior alts from poloniex graveyard can in theory outperform bitcoin and its killer multibillion cap. The least valuable and forgotten coins pump insanely with just few hundreds of btc despite holding no promise to future utility, and can outpace bitcoin many times just like eth did in february. This means that the lesser the audience involved with the coin the higher the chance the irrational growth will have a little to no backing. Now imagine 50 thinned coins outreach bitcoins cap by 100 fold, together representing a capitalization of 1.2 trillion. News sites rail a huge hype to this ever-spreading madness of altcoin pumps and everyone who invested in bitcoin and was lucky to dump in time starts buying into them cause if he/she misses out on the rise he/she will have a weak knee issue till the end of their life. And in the end of the day alts will remain the vaporware they had been since long before the massive pump started coz altcoin index is a zero-sum game against btc market. Nobody will notice the difference in bitcoin price when money flows back to btc, but altcoin trillion cap will collapse sending alts back to the stone age regardless of how high they had been pumped.

though i see somehow more optimistic for a very small fraction of altcoins , regardless the long way, they have to go,
your view about "marketcap" nailed it. Marketcap doesn't say anything about an altcoin.


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We have a mighty and strong Bitcoin price, so don't except any altcoin price rising anytime soon. Maybe we were in a generalised bubble for a few months after the Ethereum fever and we're now back to the mean.

There has NEVER been a Monero ICO, it has been mined by whoever cared from the start. Please get your facts straight.

Gulden is the only coin as a bag holder that has brought me profits each year. In fact my first purchase of Gulden is up from 90 sat to 4000sat today.

The reason Gulden has been successful is because it wasn't hyped and the user base has grown naturally.
They might have the best development team in crypto and they have managed to avoid getting onto the pump and dump hangout called Poloniex.

There 1.6.0 update this last week is probably the single best update in crypto history.

the devs have also said 2017 will make 2016 look like a slow year.

I agree with you on other coins, lost on a lot of the anonymous coins and maintained same value with digibyte at current prices.

So fuck it, it's Gulden for investment and will trade the rest of the shit out there.

Gulden is one of my favourites, very strong and natural growth, even with a lot of percentual gains, i'm not really willing to sell.

great one! I like this team

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WBB is only legit project left, you will all see soon :)

Now it's 2017 and all coins suck !
It is doomed !
Only no coin is a good coin !

 I am not back !

Most of the coins in yobit was called shit coins. This exchange sites I can call it, The caves or nest of the Shitcoins" were pump and dump most often happened in the trading platform. We can't stop the rising up of the coins whether it is good or a bad coins its business of course. Please excuse me of some of the words that I mentioned that are not proper to be delivered. I guess none of the member here will not get offend. Thanks :)

invest coin in cyberspace is very dangerous, with the lure of exorbitant but in the end, it was all just a scam.
so if it really wants to invest, please review the site.
 :)

it is very hard to make money with alts
1. half is scam
2. third is serious, but manipulated PnD
3. third dies out because fails to gain adoption and they have nothing to offer in tech department

It was the price that was wrong perhaps.

Good coins gaining

Bad or fraudulent coins naturally becoming irrelevant over time

Coins are on an up up run

Up we go

The beginning of new influx

you know whats wrong with all coinz? Theyre pumping so hard  ;D