Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: imteaz on October 11, 2017, 11:40:57 PM



Title: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on October 11, 2017, 11:40:57 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



Title: Re: Why 99% Alt Coin Will Fail?
Post by: gotit on October 11, 2017, 11:52:21 PM
I think you nailed it.

It's about the money and not the technology. When it is about the technology, which is 1% of the time, 1% of those projects will succeed.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: v3liana on October 12, 2017, 12:40:26 AM
because they into money and not thinking about developing the project. and many ico is a scam to funding a money. and third project hard to develop cause of lack of money, lack of support, unrealization and other things that make project unable to develop.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: AlexaSonda on October 12, 2017, 12:42:50 AM
Yes I agree with your opinion. I think nowadays many alt projects exist without proper preparation. Has a team that is not experienced in his field. Projects like this usually last for 1 or 2 year.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: BossMacko on October 12, 2017, 12:48:22 AM
Well i don't agree with 99% because i've seen 2 out of 10 alt coins are perfectly alive and still doing progressive development. The reason why others fail is because they only care on the money they can get and once they got the money already the development of the project becomes slow until people react on the progress then dev will run with the money, i've seen that happen most of the time on alt coins that i thought will going to become success but still money blinds everyone.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: Etemind on October 12, 2017, 01:02:11 AM
Well i don't agree with 99% because i've seen 2 out of 10 alt coins are perfectly alive and still doing progressive development. The reason why others fail is because they only care on the money they can get and once they got the money already the development of the project becomes slow until people react on the progress then dev will run with the money, i've seen that happen most of the time on alt coins that i thought will going to become success but still money blinds everyone.
Same here, 99% is too high percentage. Though I agree with his reasons being cited here but as long as the project has a good dev team and having a good product that earn profit, I think its a good project. But I want also this ICO to have a body that regulate it  that protects the investors.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: HashFace on October 12, 2017, 01:18:37 AM
I'd say the reason is that a lot coins don't serve a purpose.  Bitcoin is the dominant currency ... coin established just to be currency will most likely fail quickly, unless there is something new about them, like upgraded privacy.  There you have Monero and few competitors.  It's one of the reasons I'm supporting Deep Onion, it's new angle on privacy, so I think it has a better than average chance to survive.

Then you have all the coins trying to use block chain advance a technology.... file storage, lending, gambling, banking, etc, etc.  There is a lot of good innovation going on there, too, and that's an area where if you pick the winner for it's sector, you could have a good run.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: phanhongphuctg on October 12, 2017, 01:46:43 AM
Yes I agree with your opinion.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: imteaz on October 12, 2017, 01:55:39 AM
Yes I agree with your opinion.

Thank you :) i know lots of people will agree with me. But i am interested those people who isn't. i want to know their opinion. It will be fun debating on this issue.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: Flor1982 on October 12, 2017, 02:10:41 AM
because they into money and not thinking about developing the project. and many ico is a scam to funding a money. and third project hard to develop cause of lack of money, lack of support, unrealization and other things that make project unable to develop.

Most of investors and participants are of course are for the money and thats the fact. If there is already an early sign that the altcoin value specially new introduce coins are declining and after few weeks still no upward movements, of course it will going to create massive  withdrawals of support to the project due to afraid of losing everthing they invest in which we cant blame them because thats is natural in trading that even we are in their position we will do the same for the money.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: imteaz on October 12, 2017, 02:08:51 PM
because they into money and not thinking about developing the project. and many ico is a scam to funding a money. and third project hard to develop cause of lack of money, lack of support, unrealization and other things that make project unable to develop.

Most of investors and participants are of course are for the money and thats the fact. If there is already an early sign that the altcoin value specially new introduce coins are declining and after few weeks still no upward movements, of course it will going to create massive  withdrawals of support to the project due to afraid of losing everthing they invest in which we cant blame them because thats is natural in trading that even we are in their position we will do the same for the money.

You are right, most investor are there for money, it's normal. Because they are investing, but other hand the Dev team or co founder, they have to earn trust and think long term, but it's sad to see most of alt coin dev think short terms profit. Which is why, the project fails before it begin.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Beremat on October 12, 2017, 04:06:57 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field. 


Yes, I totally agree with you. I think that the most important is they have to focus on their project. A good idea combines with a hard working can attract people to buy tokens.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Tipstar on October 12, 2017, 04:34:32 PM
With today's competition, no new coin or token would survive if they don't have an efficient and renowned team behind them. There's no place for novice developer.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: onrise on October 12, 2017, 04:36:35 PM
Yes I agree with your opinion.

Thank you :) i know lots of people will agree with me. But i am interested those people who isn't. i want to know their opinion. It will be fun debating on this issue.

Unless if the coin has a purpose which it can solve problems of numerous people that coin will have the good demand and thus  it price will rise also . If the team is good and had a vision then too price will rise and will create demand else mostly coin will fail In most cases .



Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: BitSat on October 12, 2017, 04:38:43 PM
With today's competition, no new coin or token would survive if they don't have an efficient and renowned team behind them. There's no place for novice developer.
We are living in competition age and if you want to survive you must have to done all your home work and its not only about technology its about money also because you need to do marketing and all material for success if you can do this then you are in 1% otherwise you are surely in 99%


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: KingScorpio on October 12, 2017, 04:52:59 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



i like your post/thread but there is something missing

even if some huge organisation like worldcoin or ripple that is powered by the central banks printing press has access to billions of communal currencies, they still likely fail despite having a lot of knowledge of how to run an organisation including sue the shit out of the employees if they dont fall into line, including have their coinsultants regarding marketing

because the society is simply tired of their constant rule, bankers try to recolor themselves with cryptos, and that is an issue.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on October 12, 2017, 10:43:59 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



i like your post/thread but there is something missing

even if some huge organisation like worldcoin or ripple that is powered by the central banks printing press has access to billions of communal currencies, they still likely fail despite having a lot of knowledge of how to run an organisation including sue the shit out of the employees if they dont fall into line, including have their coinsultants regarding marketing

because the society is simply tired of their constant rule, bankers try to recolor themselves with cryptos, and that is an issue.

Very good point. Crypto currency means decentralize coins, so people can use it freely, without telling anyone or control by anyone, so for Ripple, as they are trying to get into bank sector, how it going to work? I haven't check their road map yet or white paper, can't tell in details, but what i understand, ripple will not be decentralize crypto, it is controlled by someone, am sure about that. because look at their price, it doesn't fall so easily or ho up easily, so it is controlled crypto coins.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: bitcoinvestor on October 12, 2017, 10:54:04 PM
I think you nailed it.

It's about the money and not the technology. When it is about the technology, which is 1% of the time, 1% of those projects will succeed.
99% are opportunists, sooner or later they will vanish and the true projects will come alive.We can't blame the amateur developers, when the faucet opened, the water will flow, it is in the cryptocurrencies, the faucets are opened, everyone can participate no need skilled developers , they become part of this growth. It is natural. When time goes by, the users or investors will be more selective to invest in ICOs.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on October 20, 2017, 03:59:29 AM
Just noticed on Alt coin announcement, what's going on with Ether coin? There are 5 new ICO associate with Ether everyday. Do people realized these coins has no value, or these are shit coins. Someone has to stop this madness.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: beachbummer on October 20, 2017, 04:11:53 AM
Just noticed on Alt coin announcement, what's going on with Ether coin? There are 5 new ICO associate with Ether everyday. Do people realized these coins has no value, or these are shit coins. Someone has to stop this madness.

No one will stop as long as there is a sucker born every minute.

The prevalent FOMO also helps to feed the madness.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: CryptoBerd on October 20, 2017, 05:00:34 AM

I agree with your list of success factors.

Those Coins/Tokens that have a simplistic view of the function of their Token / Coin, such just as a digital currency, will not survive.
How many types of digital currency do we really need?

Those Alt Coins/Tokens that solves a problem, and they have a great team (in all departments), markets well, deliver their promises, resolves unforeseen problems quickly, find many supporters (corporations and even governments), ease of use, ease of exchange (fiat-crypto and crypto-fiat), bringing awareness and knowledge to the public for mass adoption will become successful.  Once you have the critical mass confidently using your cryptocurrency, it will become 'sticky' and it will become a barrier of entry for others.

Although many groups of people are for decentralization, and not regulation, I think government support and regulation is the only way for crypto acceptance to growth to mass adoption levels.  On top of that list of success factors, I like to add that Alt coins that go towards this direction of government support will have the greatest chance of success. 



Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: babsjoe on October 20, 2017, 05:13:41 AM
Failure in business is not peculiar to crypto currency alone! Take time off crypto and read statistcs in the  Mainstream! More than 90% of new start up fail also in other businesses! Something that is different about crypto however is when any coin succeed, millions of people all around he world regardless of their colour, creed or beliefs will benefit!


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: thepo1m on October 20, 2017, 05:46:12 AM
I like most of your point but the one I like most is that most people wants to run a company and be an enterprenuer without having any sound knowledge of how to market it, there is difference when you get to the real market proper, I have started some business and I know how competitive the space is. My advice is not to stick to any project long term because most will fail and better idea will pop up


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: mx667 on October 20, 2017, 06:03:40 AM
I like most of your point but the one I like most is that most people wants to run a company and be an enterprenuer without having any sound knowledge of how to market it, there is difference when you get to the real market proper, I have started some business and I know how competitive the space is. My advice is not to stick to any project long term because most will fail and better idea will pop up.

New coins appear everyday. I guess your talk is true. Some of them will succeed, but most of them will fail. Currently, some of the coins we know in the market, are few and can be counted with our fingers. For example let me mention: Bitcoin, Litecoin, Ethereum, Dash, Zcash, Monero, and some others.

When compared with the number of other coins, definitely the coin above is nothing.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Fredrosam on October 20, 2017, 10:27:53 AM
I fully agree with you. Because projects can promise anything - neural networks, mobile mining, etc, but all these "nice words" have no meaning for investors without strong development team


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: StreakW on October 20, 2017, 10:38:27 AM
why because many people dont thrust that.
so many scam project born daed coin


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: styca on October 20, 2017, 11:04:01 AM
I agree with the OP that there are a lot of junk coins that have no use or merit, and often not even a white paper. These will inevitably fail. 99% seems too much, but then how many coins are out there? They are not all on coinmarketcap.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: blockTorque on October 20, 2017, 11:13:32 AM
The Alt coin market is such a bubble its unbelievable...However the companies with solid business plans and strong platforms may become the google's of Internet 3.0.

Below is the best token of all time, enjoy. It raised over 100,000 USD

https://uetoken.com/ (https://uetoken.com/)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: TrueAnon on October 20, 2017, 11:23:50 AM
The points you listed will ultimately determine the future of a lot of projects. However I think that the end is not quite here yet. If we compare the current market cap to the dotcombubble we still have a long way to go until it all comes down. =)
Currently I'm only aware of 2-3 projects (1 still in ICO) that actually offer something.  ::)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: iBlitz22 on October 20, 2017, 11:38:46 AM
maybe, i guess. because ethereum still do increase. so maybe


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: HansWermhat on October 20, 2017, 01:06:05 PM
Considering there are thousands of coins out there, I think saying 99% will fail is accurate. That would mean that there would still be dozens that are successful.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on October 20, 2017, 01:42:50 PM
Just noticed on Alt coin announcement, what's going on with Ether coin? There are 5 new ICO associate with Ether everyday. Do people realized these coins has no value, or these are shit coins. Someone has to stop this madness.

No one will stop as long as there is a sucker born every minute.

The prevalent FOMO also helps to feed the madness.

This is why. i believe there should be ICO regulation. Only reputable company or those who can spend millions or have funds, should allow to offer ICO. Till then it is very risky as normal people will buy those shitty coins, and some day they will disappear with all money and nobody can do anything.

If you want to control or stop the madness, Every country should have put a standard regulation for the ICO.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: alyssa85 on October 20, 2017, 02:07:41 PM
Good post.

We've already seen a lot of alts die - Neucoin for example (which was being shilled by Jackson Palmer back in the day).

Unless a coin has a special selling point or a big community, it's likely to die within five years.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: HansWermhat on October 20, 2017, 02:23:27 PM
Good post.

We've already seen a lot of alts die - Neucoin for example (which was being shilled by Jackson Palmer back in the day).

Unless a coin has a special selling point or a big community, it's likely to die within five years.

True, but I think five years is being too generous. Especially at the rate that crypto is going nowadays, if there isn't anything significant within the next year then I think we are going to see a lot of coins dying.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on October 20, 2017, 06:24:16 PM
Good post.

We've already seen a lot of alts die - Neucoin for example (which was being shilled by Jackson Palmer back in the day).

Unless a coin has a special selling point or a big community, it's likely to die within five years.

True, but I think five years is being too generous. Especially at the rate that crypto is going nowadays, if there isn't anything significant within the next year then I think we are going to see a lot of coins dying.

You are right, the way new coins coming everyday, i have doubt if they will last 6 months, lol


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Ivan16 on October 20, 2017, 06:56:16 PM
The first thing the most of  people who earn altcoin in signature sell and people buy only if is project good,but hugh numbers of projects never invite this is main reason i think.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: jack1111 on October 20, 2017, 07:00:27 PM
The biggest portion might fail, but not %99, this percentage does not reflect the advancement of Blockchain technology, yes, there are scammers and unexperienced developers, but there are real projects which will advance blockchain usages.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Quidat on October 20, 2017, 07:07:40 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  


You did really get the points on where it is indeed the reality on having these new coins in the field which most of them do really fail in the end because of they are really only having the concern on making money without minding on their project would go for long term.I would say that they are really just too greedy on making money on a short period of time.If i do have the capability on making such project then i would rather go for long term since i can able to view that i would even gain more money and popularity if i can sustain for too long.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Anastasiya on October 20, 2017, 07:14:59 PM
Every word is true.

We’ve all seen ICOs, where we are promised a revolution but don’t even see the beginnings of it. Most ICOs don’t even seem to have an Alpha version of a product, and if you read their white papers, you find that the project isn’t even past the conceptualization phase


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: anasso on October 20, 2017, 08:13:35 PM
i agree with you because most of this coins don't solve many problems!

i think the biggest problem today in the cryptoworld is scalability!

if no scalability, no mainstream!


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: rizkyhiw on October 20, 2017, 08:33:21 PM
Every word is true.

We’ve all seen ICOs, where we are promised a revolution but don’t even see the beginnings of it. Most ICOs don’t even seem to have an Alpha version of a product, and if you read their white papers, you find that the project isn’t even past the conceptualization phase
We are living in money making generation ,
Where the one who have an idealist vision is so rare exist , they are a realistic one who think so selfish to make a quick bucks through cryptocurrency business opportunity ,
A future purpose on how cryptocurrency could actually working well to help fintech develop in our daily lives through altcoin invention almost disappeared , i can't see it anymore , last time it's bitcoin who have that pure future purpose ( maybe it's the only one  ::) ) .
Really my doubt on altcoin getting higher time after time , we might have to discuss more about something like this.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: CryptoRobert on October 20, 2017, 10:02:45 PM
This is why, even though you hit the jackpot usually when you spot a great coin from the very beginning, sometimes it is better to focus on coins which have already proved that they could survive for one or even more years.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: naidray on October 21, 2017, 11:20:55 AM
Failure in business is not peculiar to crypto currency alone! Take time off crypto and read statistcs in the  Mainstream! More than 90% of new start up fail also in other businesses! Something that is different about crypto however is when any coin succeed, millions of people all around he world regardless of their colour, creed or beliefs will benefit!
You have a point! Shit happens in the real world of business generally and crypto market is not exempted.
However, looking at the crypto market, it is obvious so many of them will fail more than what we would have had in the real world.

Some do not even have a project backing them, no purpose why they were even created except some formed up whitepaper that any native English speaker can help coin perfectly. Some just started ICO to raise money to build their dream and some people fell for it.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: upsidedown75 on October 22, 2017, 06:56:26 PM
I agree with the OP that there are a lot of junk coins that have no use or merit, and often not even a white paper. These will inevitably fail. 99% seems too much, but then how many coins are out there? They are not all on coinmarketcap.
Apparently, any coin that has finished ICO ever since and not yet on any exchange or on coinmarketcap has actually failed before even arriving, most of them were just meant to be scams except for few of course who are still probably waiting to put some few things in order maybe before releasing to any exchange.

Like the OP have said, so many of them will fail and only those with purpose, good project and great team will thrive.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on December 21, 2017, 05:01:39 PM
I have participate a quite a few bounty program 2 months ago, and almost 40% them turned out to be scam or didn't pay after bounty ended. You be careful guys, first research then join the bounty. good luck


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: St4yInTh3D4rk on December 21, 2017, 05:09:41 PM
I have participate a quite a few bounty program 2 months ago, and almost 40% them turned out to be scam or didn't pay after bounty ended. You be careful guys, first research then join the bounty. good luck

If you are participating in a campaign you need to research about the project first before applying,some campaign will be run by reputed managers so it is better to join in their campaign because they take the responsibility of paying the participants at the right time.But it is better to join in the signature campaign which is paying in bitcoins because they are always legit and pay with escrow.

Many coins are created everyday but only for the earning purpose they will leave the investors once they made enough profit so research about the history of the project team before investing or promoting their project.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: noloco on December 21, 2017, 05:14:54 PM
More or less the same points could apply to any industry in early stage of development.

How many car, computer hardware, .com sites... existed and how many of them lasted for more than 10 years?


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Shaibana on December 21, 2017, 05:16:39 PM
It's a matter to spot that 1 %. Interesting point, this happens also in real life, most enterprises will break, here in the digital world that 1-99% relation is actually truer as you can expose whatever you want on the internet regardless of your real management skills.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: cryptopuma on December 21, 2017, 06:06:38 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  


Great point of view,you just killed all the dumb ICO makers,this is very helpful for the newbies.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: catapult on December 21, 2017, 07:19:25 PM
There is nothing obvious in cryptocurrency. A coin which has not shown a good rising in the past can catch a good rising. Yes, there are a lot of useless coins, but sometimes unexpected coins can catch unexpected prices.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Zufox on December 21, 2017, 08:26:31 PM
There is nothing obvious in cryptocurrency. A coin which has not shown a good rising in the past can catch a good rising. Yes, there are a lot of useless coins, but sometimes unexpected coins can catch unexpected prices.
There is a vivid example - the Doge. As far as I know, the coin was created for a joke. And exists for several years, periodically demonstrates a very strong growth, but then it also falls strongly, but still lives! ::)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Robin789 on December 21, 2017, 08:44:21 PM
Some Altcoins project is not good.
If they do not work hard enough then their project will not be ready.  they will fail.
If the team is good and had a vision then too price will rise and will create demand else mostly coin will fail In most cases.
thanks.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: hashshashin on December 21, 2017, 09:03:55 PM
There is nothing obvious in cryptocurrency. A coin which has not shown a good rising in the past can catch a good rising. Yes, there are a lot of useless coins, but sometimes unexpected coins can catch unexpected prices.
I agree with your opinion! It is impossible to say with certainty and predict the growth of a coin, especially in the long term, since the market is still not stable.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: GayOfThrones on December 21, 2017, 09:17:22 PM
Your analisys is quite correct, what is unclear is which will be the exact percentage of the surviving coins. It coul me much more... or much less than 99%.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: crenfrosck on December 21, 2017, 09:27:37 PM
I got your point, your argumentation with very clever points is something what every single new member of this community should read before they make something stupid and they'll blame everyone but not them.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: ronatrip on December 21, 2017, 09:37:57 PM
I noticed that some good company don't make bounty campaign anymore, because they are afraid that the bounty members sell all earned tokensall on the stock exchanges and the rate of their coins is falling. So I think that over time successful projects will not give opportunities to participate in their bounty


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: gargavaar on December 21, 2017, 09:46:50 PM
Ah, the joy of the free market  :D
Only the best will survive.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: _Dawid_ on December 21, 2017, 09:54:08 PM
I am sure that not 99% at least 20% amx 50% will fail during the first year of working.  And in generall could you show us a date which u have used for your calculations and for creating your point of view? I think that you just lost some $ and now you must do something against alts...
Otherwise you should not say 99%, because I know a lot of well working small projects, but not discovered yet by wider audience.(maybe it's good?(currently)).
But i have to agree that there is a lot of scam and new ICOs which will fail soon, but it may be 30-50% but definitely not 99%.
Maybe it will be 99% when the current bubble will burst? Who knows...


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: johstacy on December 21, 2017, 10:33:23 PM
You are a logician. You are balanced and constructive in approaching business and the market. Some whales are very smart; they have very much experience. When you listen to them, your mouth opens with admiration. However, there are not many such people. Many large purses just want to multiply their money. They do not care what happens next. Today is profit, and tomorrow they will come up with something else. But 99% is an exaggeration, in my opinion.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: kakawin on December 23, 2017, 07:21:49 PM
I have confidence in only large ICO projects, with a large-scale project, the idea and support of large entrepreneurs. I noticed that in the bounty campaigns of such projects very stringent conditions for the participants. But maybe it's good.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: ferrybitcoin.1996 on December 23, 2017, 07:27:08 PM
Thank you for your detailed information. Many ICOs established just want to raise easy money. No development, No concept, and Totally Scam. I hope the TRUTH ICO will be longlast.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: KingScorpio on December 23, 2017, 07:48:56 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



this case study is worth nothing and is just bitcoin sect/ establishent internal propaganda, the current established top coins can also all end up in the 99% that will supposedly dissapear, you guys broke a box of pandora with questioning the nation states financial cartels,

1. People making millions of crypto currency, we can make it, lets make a coin.

if others do it why not doing it too? after all making money is much less difficult than actually creating a good service product, and it has many other benefits,

2. People have no idea, what they are getting in, and how to run a company or organization.

billionaires children also do that, but they where able to try young working with big dimensions others werent,

3. People wants easy money.

who doesnt?

4. No reputable organization or company behind the idea.

not always, the case, nevertheless why should the rich with their advantages, (salary slaves, ressources etc.) continue to stay in their position to live off others?
 
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.

you see the university education bubble? the reality has shown those that tried and build in young ages were much more successful than those that first payed unacceptable amounts in time and money, for a university eduction

6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.

most icos, want to become capitalists, the samel like the current us dollar printing elites are...

7. How many new alt coin company can run of 20 to 25 dev team? not many.

i think in the future people will beg others to join their team, because after the currency and the property bubble collapses, no one knows whats valuable and what not.
good ideas need good teams, big teams arent necessarily strong, and huge corporations nowadays, live off the rest of the population because they were grown arround a financial cartel/inquisition

8. Without zero marketing idea, or how to market the coin.

ther is no perfect marketing strategy, societiy is divided in multiple groups all are different, they response to different marketing strategies differently

9. When coin price doesn't go up in couple of months, they give up.

ok thats the one i think is true, persistence is important

10. If we can list on exchanges, we will get rich!

jes thats true just check coinmarketcap, you just have to be in the top discussion of the current area and you are getting rich, thats all, many new altcoins purposely have a huge amount of token because coinmarket cap lists according to market capitalisation,

in the future even coinmarket cap wont be honest.

regards


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: furfurol on December 24, 2017, 07:35:03 PM
 ::) Thank you guys, I have never seen such a detailed explanation of a question


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: pooque on December 24, 2017, 08:14:07 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  


You nailed it mate,i wouldnt invest in any altcoin that qualifies in your post.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: seniorPreSaleInvestor on December 25, 2017, 12:55:44 AM
Trust me, my business advisors told me that 99% coins at the moment all copied bitcoin source code and deploy it under their trading name with some trick tweaks, they know that most of investors lack of technical knowledge, investors are just interested in project ideas, white papers, team profile, awesome home page and easily get trapped by beautiful reports and faked numbers, demo videos. Coin issuers are indeed just those who do sale and marketing instead of making technical innovation. Their target is your money and increase bitcoin value they had. When you use bitcoin to buy their coins, bitcoin increases and when you need cash you have to convert their coins into bitcoin, because no bank and organization would accept their currency,  to sell out but the bitcoin price at that time is increased much higher and so we have new bigger bitcoin bubble  :-*


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Greenrace on December 25, 2017, 03:46:37 PM
if a lot of coins that fail I hope to be a person who is not included in it, I want to be some other who benefit from alt-coin


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: dragoz11 on December 25, 2017, 03:58:11 PM
Yeah in way or another you are right. Also people who follow these 99% of altcoins and want to make easy money can fall into their category and fail with their earnings. Nice analyse btw.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: last7minutes on January 05, 2018, 11:37:49 AM
I have confidence in only large ICO projects, with a large-scale project, the idea and support of large entrepreneurs. I noticed that in the bounty campaigns of such projects very stringent conditions for the participants. But maybe it's good.

Earlier it was possible to make good money on investing in the ICO as the market was new and no one else understood how to make money on it. Now only 1% of really good projects that in the future will make a profit.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: borovichok on January 07, 2018, 07:28:35 PM
You have done a detailed analysis of the situation. That's right. I can add that some coins were made for fun. For example penis token (PNS).  :D


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: ternyabin on January 09, 2018, 06:57:41 PM
You have done a detailed analysis of the situation. That's right. I can add that some coins were made for fun. For example penis token (PNS).  :D
Yes, it's funny. But in this case, the creator of the currency also wanted to be remembered, and he did it.  :)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on January 16, 2018, 05:04:48 PM
Thanks guys, i already seen some alt coin dies within 4 months. Started great but then internal problem within the dev team cause few coins die. However, next few months will be interesting to see, what happens in crypto world.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: VuLDK on January 16, 2018, 05:11:41 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  


I think 99% Alt Coin fail because this time coin very much, in the market we can see than 1000 coin, Alt coin is developing, beside have many people participant bitcoin and trade coin. Who don't understand bitcoin, they follow majority but they don't find out information of coin. I want to coin don't fail. Goodluck all my friends


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Leocrypto da Vinci on January 16, 2018, 05:15:08 PM
Lot of people think that ICO is just a fast way to easy money. Out of some with evident scam intention, in most of them there is a high level of amateurism (it seems that it's too difficult to manage a chat or a spreadsheet)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Nostaradamus on January 16, 2018, 05:17:10 PM

Because the correction on bitcoin has matured, and basically because of it the general condition of the market кpиптoвaлют depends. This is due to the closure of the Korean stock exchange, which should soon resume. Just be patient, and wait :)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: max6575 on January 16, 2018, 05:18:05 PM
with the good works on terms with inauguration developer gains with the strength on confidence as offering service with the blockchain system on custom as the occupation of token/coin to works with the finance.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Orino Suimuri on January 17, 2018, 08:27:20 AM
I don't know if really 99% will fail, but for sure most of them are shitcoins and will die very fast.
I't not a so big problem because - with a little attention - you can identify them and stay away.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: kevindjunaidi on January 17, 2018, 08:32:31 AM
this is an old tradition, from the graphs of the past years (I see in the past 3 years), indeed every year the price of altcoin always goes down and when at the end of the year (exactly mid-year) altcoin prices start rising again like a rocket to the end of years.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: tedes on January 17, 2018, 08:38:58 AM
I strongly agree with your opinion, I think at this time many altcoin projects exist without proper preparation. Have a team that is not experienced in the field. Projects like this usually last for 1 or 2 years.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: matsusomoto on January 17, 2018, 09:06:28 AM
Good read,i agree most of the alts wont surive in the future there are some factors to be considered BTC's price and the development of the coins,i believed alts that has working product/services are the only alts that will survive in the future.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Ailmand on January 17, 2018, 09:23:28 AM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



Good read. However, you should have included your sources. I think anyone given some facts and guides could state that all altcoins has the tendency or the potential to die out after some years. But, I would say that people had the same speculation and idea about bitcoin when it started; they were quite pessimistic about it, and many have actually believed prematurely that it won't succeed, but look at it now. I think that every coin in the market, altcoin for that matter has that potential to fail, but it also has the potential to succeed, if all factors would converge to help it do so.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: trickyriky on January 18, 2018, 02:50:50 PM
Today there is chaos in the crypto-currency market. There are several major currencies, but their development strategy remains largely incomprehensible. Over time, the market is stabilizing and we will see that only a few currencies remain.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: carlfebz2 on January 18, 2018, 08:34:25 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



Good read. However, you should have included your sources. I think anyone given some facts and guides could state that all altcoins has the tendency or the potential to die out after some years. But, I would say that people had the same speculation and idea about bitcoin when it started; they were quite pessimistic about it, and many have actually believed prematurely that it won't succeed, but look at it now. I think that every coin in the market, altcoin for that matter has that potential to fail, but it also has the potential to succeed, if all factors would converge to help it do so.
In short theres no one could able to tell if a certain coin would fail or not but basing on the things listed above I do agree on those points between on failure and the success of such coin but we cant really avoid those things that there are several coins which we do saw that it will eventually fail but sooner it did boomed up because it is just undervalued or just being late to be considered.This is always the risk and as an investor intuition and research skills would be crucial.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: 4luxon on January 18, 2018, 08:39:31 PM
We live in the age of cryptocurrency market only starts to develop strong projects will be developed , the weak die. Only projects with technical future will live and grow in value. I think in the nearest 2 years everything will fall into places.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Jalum on January 18, 2018, 10:17:27 PM
I think there are a lot of flawed coins but I don't see 99% of ICOs failing. The market will correct itself naturally.
99% of coins don't fail.
A lot of the coins that fail just vanish after they get de-listed on an exchange website.

There's coins that did well and is still alive.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: GR92 on January 18, 2018, 11:16:36 PM
You describe the usual market behavior! What's the topic? ???


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: yomarve on January 18, 2018, 11:32:29 PM
You are very correct though your rating is very harsh but i can say you are on track. most of the coins i see everyday or even the airdrops are just totally not cool. they are not presented well for you to even know the coins are of a good project with good development and marketing backing.

though we are in it to make money, the founders of these projects or coins should consider offering something of value to the public for subscription not some worthless tokens which would be pumped to make money and then dumped on ignorant investors.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: novocaine on January 18, 2018, 11:54:14 PM
altcoins is like the life, the important is not the meta, but the trip ;)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Hirameki on January 19, 2018, 12:03:36 AM
You have a very good point but poot approximation. For me , many altcoins will survive because most of them are I think revolutionary in their respective industry and unique on their own way in the market when it comes to functionalities.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: hung7520 on January 19, 2018, 01:22:31 AM
because they are scammers. The altcoin is mushrooming


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on January 19, 2018, 04:06:52 AM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



Good read. However, you should have included your sources. I think anyone given some facts and guides could state that all altcoins has the tendency or the potential to die out after some years. But, I would say that people had the same speculation and idea about bitcoin when it started; they were quite pessimistic about it, and many have actually believed prematurely that it won't succeed, but look at it now. I think that every coin in the market, altcoin for that matter has that potential to fail, but it also has the potential to succeed, if all factors would converge to help it do so.

Bro, it was based on my opinion and experience. You know why i feel that way? i have received tons of airdrops from 100's of coin and right now all coin sitting in the wallet, but they don't have any name or N/A. means those project vanish before even they started. Anyways your experience might be different than mine.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: arunakiran on January 19, 2018, 04:36:56 AM
nowadays people are showing interest on EASY MONEY rather than getting struggle to earn money. and they are ready to take the risk in their investment.
so most of the people are investing in alt coins whit out knowing about their investments.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: potraviny on January 19, 2018, 11:36:17 AM
I agree alot of coins are flawed but I don't think 99% will fail, there are more good alt coins than just bitcoin and ethereum.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: oiskipoiskicrypto on January 19, 2018, 01:17:43 PM
I do not think that 99% of alt coins will fail, but there are a lot of useless ones that will dry up once their ICO money runs out.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Cryptogiji on January 19, 2018, 02:46:10 PM
I don't think that 99% will fall, but I am expecting at least 50% will when the bubble bursts. There are a lot of bad coins and I guess they are only in business because they managed to raise a lot during their ICO.

To stay alive, they need to have some application, so that they move around the ecosystem.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: barhotka on January 22, 2018, 01:14:38 PM
Now there is a negativity in the media, the crypto-currency market is called a bubble. People are too easy to scare and they cease to believe in crypto-currencies. I think one of the reasons is this.   :(


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: lasry on January 22, 2018, 02:05:41 PM
The main reason I know why would it fail is because the market is too saturated with alt coins now. There are too many, and a lot of projects just goals to earn a lot of money. Forgetting the sake of lasting for a long term. This reason would surely make altcoins fail. Sad thing is that most are just fulfilling their selfish desires.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: max6575 on January 22, 2018, 02:39:34 PM
as with the customs on casuals to work of ease on moderation with the news as intelligence on examining movesment of price with the coins, investors gains with less on request to put of risks as attaining market of exchange to collects with limit of returns at the ends.




Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: awazieik on January 22, 2018, 02:49:17 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



I believe that the crypto market is the infant stage where everyone thinks that they can make their dreams come true like children. There will come a time when people would learn the best practices when it comes to investment and ICOs will adjust because they will need to provide better value for investors.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Blakscorpion on January 22, 2018, 02:58:14 PM
It's just logic...
ICOs are new projects creation. Like in real life out there, the majority of companies will fail. There are noly one or two leaders per type of market.
There are no 50 companies like google, no 50 companies like Intel... etc
It's the same pattern for evey business model, including crypto currency world.

Only the strong main projects well marketised will remain on the stage.
The other will disapear by themselves.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: gantez on January 22, 2018, 02:59:29 PM
I do also get surprised with the announcement of bounty campaigns all the time in the altcoin section.  

I don't get in a haste to sign up most times because some never keep to their promises. Moreover, some are shitcoins, if they were paying in bitcoin or mixture of the token and bitcoin, it would have been better so that even if you don't get the token, you will get the bitcoin. It will be better that way.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Goodween on January 22, 2018, 03:04:40 PM
Obvously I almost agreed with your opinion, a lot of crypto will fall because it looks like golden-rush with no brain. But I hop more than 1% will stay at the top.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: thepo1m on January 22, 2018, 03:25:30 PM
The point I like most from the post, is that they know not how to run a company, most of these guys think because they can write a code, which is very important they think they can run it with the business side of it, they will learn this the hard way


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: upisdown on January 22, 2018, 03:47:59 PM
Thank you guys, I have never seen such a detailed explanation of a question :)


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: djsmet on January 22, 2018, 03:52:46 PM
Yes, I agree with your opinion. 99% projects are just because short term money


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: tulpash on January 28, 2018, 01:19:02 PM
Very often, the coin fails because the project did not have a good idea. A good idea is very important. Also of great importance is the previous experience of the team.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: simonbrep on January 28, 2018, 01:34:42 PM
Pretty solid analysis, am also amazed at how many companies manage to get so much investment in their coin offering without having something along side of it, i guess like you say, with so many coin giveaways popping up, people will begin to spot which ones are likely to be legit


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: alyssa85 on January 28, 2018, 01:37:03 PM
You'll be surprised how long some alts can last...

Basically as long as they are still on an exchange, someone will come along and pump them. And as long as these pumps happen and the exchange sees volume for the coin, the exchanges will continue to list the coin.

Even if the coin is completely pointless.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: hicaribou on January 28, 2018, 01:44:48 PM
Well i don't agree with 99% because i've seen 2 out of 10 alt coins are perfectly alive and still doing progressive development. The reason why others fail is because they only care on the money they can get and once they got the money already the development of the project becomes slow until people react on the progress then dev will run with the money, i've seen that happen most of the time on alt coins that i thought will going to become success but still money blinds everyone.
Same here, 99% is too high percentage. Though I agree with his reasons being cited here but as long as the project has a good dev team and having a good product that earn profit, I think its a good project. But I want also this ICO to have a body that regulate it  that protects the investors.
I think its around 80-90%.
The conclusion is there are many greedy "developers" who see an ICO as an opportunity to just make some money, not to run a serious business or developing an inovation.
They set the token price beyond the actual value of the token.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: mrspumpkin on January 28, 2018, 02:35:49 PM
Very often, the coin fails because the project did not have a good idea. A good idea is very important. Also of great importance is the previous experience of the team.
It seems to me that these are not the main indicators of the success of a project in the future. The most important thing is honesty of team and developers to bring their project to the end. Alas, many get big money and after they stop working on the project and deceive investors' expectations


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: maxiimallist on January 28, 2018, 09:33:20 PM
If the company has been operating for a long time, it has a product that brings profit to it and the company wants to conduct an ICO for the further development of its product, this is exactly the key to success. This is an ideal case, but it is necessary to strive for this.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: KingScorpio on January 28, 2018, 09:35:20 PM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



honestly this is just a bitcoin holder interest driven analysis, you can stick it in to you analysis

bitcoin is going to be attacked in many different way, for good reasons.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: OrcaTech on January 28, 2018, 09:44:13 PM
many newcomers of the world are trying to participate in the so-called pampa / dump with the aim of earning a sharp price movement. With a lucky coincidence of circumstances and with the possession of the necessary information. However very soon the overwhelming majority of the participants in this venture are in the categories of so-called "bagholders", i.e. pseudocoins.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: BogdanGFTP on January 28, 2018, 09:58:45 PM
You are right. It's very interesting analysis, I think. And it's not good for majority.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on February 01, 2018, 10:56:38 PM
many newcomers of the world are trying to participate in the so-called pampa / dump with the aim of earning a sharp price movement. With a lucky coincidence of circumstances and with the possession of the necessary information. However very soon the overwhelming majority of the participants in this venture are in the categories of so-called "bagholders", i.e. pseudocoins.

Yes, many people think pump/dump group will make them money, but they don't understand, they are being used by those group admin, and end of the only those admins are making money. That's why many people complain they lose lots of money, so i would like to warn, stay away from pump/dump group.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: sserge009 on February 01, 2018, 11:43:05 PM
such predictions are very difficult to do nowadays. indeed 99% of the projects turn into a scam, but this is more likely due to the fact that the industry is still very young itself. I imagine that over time the ratio will change to 60/40.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: cryptosifu on February 02, 2018, 12:03:11 AM
Predicting a 99% altcoin fail is extreme.  There is new money dumping into the cryptocurrency market daily and it has to go somewhere.  Many of it will go into altcoins that are established and new ICO projects.  I don't think many of the altcoins are going anywhere and new ones will be popping up daily. 


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: vincentong17 on February 02, 2018, 12:04:49 AM
Not 99% of ICO's are scam. They are trying to eliminate those lending program platform and creating a real use cases of coin. I'm a fan of Neo and MEW as well they are my favorite coins and willing to hold it.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: dimastegar on February 02, 2018, 12:17:24 AM
Yes, I am sometimes worried about the decrease in the market price of Altcoins. Surely many people worry and panic, then sell their coins for fear the price will go down further.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: rainbow169 on February 02, 2018, 12:49:18 AM
A very good post by OP. I believe sooner or later the correction will come, just like the old internet days. Who remember webvan now? But there are always some crypto projects like Hadron, that are working to deliver real value rather than hype, putting product in the first place rather than rushing for an ICO, they will carry on and show their value over long term.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: JainaVsUther on February 02, 2018, 01:32:22 AM
True. In many ways the current altcoin boom is a reflection of the dotcom boom back in 2000. A lot of inexperienced teams cashing in on the hype by raising funds without having the experience necessary to create working products. The thing to remember here though is that some of these teams will be successful even if they are inexperienced. Look at Google, Ebay and Amazon, they all survived buyout attempts from giants such as Microsoft and Yahoo at the time, and if you invested in them even during the bubble back then, you'd still have an amazing ROI today.

Crypto and altcoins are here to stay, whilst most will fail, many will succeed and change the world.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: koehlebd on February 02, 2018, 01:40:00 AM
It's basic economics. Someone finds a way to make a profit. Then, more people come into the new market to compete for that profit. Then, the market gets saturated. Then, the strongest survive.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: shams on February 11, 2018, 07:54:21 PM
This may be a true prediction since it is supported by a logical argument. A majority of the altcoins in the market are focused on solving only one or a few problems or applications and most of them are dependant on the Ethereum blockchain network. As ethereum continues to expand, it will use its technology for applications previously used by altcoins and restrict access from its blockchain network hence be being the only solution to all the problems and applications in the cryptocurrency world.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on February 18, 2018, 04:39:11 AM
Thanks guys, i hope it helps people to understand, don't invest in ICO blindly, first do some research and make sure its legit before invest, lot of problem happening recently, so be careful.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: LeoEspansq on February 18, 2018, 06:55:26 AM
The market is now really oversaturated with different projects with different perspectives. Of course, to say unequivocally that 99% will die after the first year is wrong, but there are projects based only on the pump, but some have existed for 3-5 years already and so have not received the proper growth and they can jerk in the near future. Therefore, 70 to 30 is not otherwise.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: DataDrug on February 18, 2018, 06:57:08 AM
99% dotcom companies failed in 1999 tech boom, however investors that had a diversified portfolio saw the $$$ overcoming all the losses on the few that have had sucess, in crypto it will be the same I belive.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Lucky_U on February 18, 2018, 07:07:23 AM
I think about 10-15% the strongest projects will survive in future and become a new "Google", "Microsoft" or "Apple". And other will fail and will be forgotten.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: ktulhu on February 18, 2018, 07:20:30 AM
About most new coins, we do not even know. Indeed, in the best case, one percent, starting from yourself something really serious to represent.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: grek_al on February 26, 2018, 04:53:19 PM
99% dotcom companies failed in 1999 tech boom, however investors that had a diversified portfolio saw the $$$ overcoming all the losses on the few that have had sucess, in crypto it will be the same I belive.
I don't know the future, but if I had to guess I think it'll be slow loss of momentum as people realize that the majority of these projects are flashy websites and not much else. Cryptocurrency has utility as a CURRENCY and not a whole lot else in my opinion.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on March 19, 2018, 03:07:05 PM
Last few weeks, so many ICO popping up, I don't know if anyone there to verify their existence. Like seriously, They taking millions from ICO, how many actually were available on the exchange? No wonder why USA & China Banned ICO.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: BitcoinNational on March 19, 2018, 03:12:46 PM
Interesting topic. 99% of the altcoin that will fail sounds exagerated. But it's true that when you have a look on the announcements, it's non sense to have so many. Especially that you have a lots of them that are very similar, and you have some altcoin better.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: dimon01 on March 21, 2018, 12:18:02 PM
I think that in the first place coins disappear which are not sufficiently advertised. All because investors simply do not know about the existence of the coin. That is why such attention is paid to ICO and  bounty campaigns.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: jacaf01 on March 21, 2018, 12:28:41 PM
I have no doubt that more than 90% of these ICOs will fail short or middle term, most of them are good with plaaying with fancy ideas but the problem they will have is how to really scale the platform and monetise it, the end go of any enterprise is to make profit but now because they are enjoying free money they decided to burn the fund at a willing rate without any idea on how to generate revenue


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: skip60 on March 21, 2018, 12:41:03 PM
i totally agree with you, but %99 is too hidh if you ask me

regardless the idea, i can say that most of the tokens / coins / ICOs without a working product or continues development will die ssoner or later

that is why for long term investments projects with working product and good developing team should be choosen

for short term, you can make the most out of hype for quick profit 


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Aivengo111 on March 21, 2018, 09:59:26 PM
I agree that basically the crypt enjoys popularity among those who know little about it and just want to earn easy money.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: farland7 on March 22, 2018, 09:22:10 AM
I noticed that often coins disappear which do not have any specific characteristics compared to other coins, therefore they are not popular among investors.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Trcream on March 22, 2018, 09:25:24 AM
I would say that 1% is cutting the market a little short. I estimate the number to be closer around 5% the first year and then go down from there. Most of what is out there is garbage. However, there are still some serious projects with serious teams. There are a lot of already established companies starting their own alt coins and projects that piggy back off the original company.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Orino Suimuri on March 22, 2018, 11:02:15 AM
Well, I do not know if the percentage of failures is so high. However, it is clear that most ICOs are designed and managed very badly, not to mention those ones that are just real scams.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: lancer10 on March 23, 2018, 12:08:10 PM
I think that the hardest thing for a cryptocommunity is behind and if the coin has well suffered a severe decline at the beginning of this year, then it will be able to level up  in price.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: icalical on March 23, 2018, 12:20:17 PM
Pros, most of the argument. Cons about that most of the team are inexperienced. There are a lot of ico with great team avrg 40 years old team, but they also failed. And not to mention that Ethereum Founder is still 24.
But the argument that I agreed the most is that ICO is just a money grabber project, hit and run


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: jmalkovich on March 23, 2018, 12:42:44 PM
Yeah , you are absolutely right about your guess. Maybe 1% of them barely exist beyond 2020. According to the needs, new coins will show up these times, but these scam or useless coins will not be there.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: readygoaw on March 24, 2018, 09:44:32 AM
No job is secured for the lifetime (you can get fired any day) and more than half of jobs do not offer promotion opportunities or hikes in the salary. But still I’d choose real job first, and then try to share my time between real job and crypto job (at the ratio of 75/25, or kinda like that).


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: slonbegemot on March 25, 2018, 05:43:25 PM
I think you underrate the social media influence. This is not only for students, it affects all segments of the population from young to old people. Anyway I agree with your idea. There a lot of scam ICOs


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: IgniHash on March 28, 2018, 06:20:08 AM
Well, Recently I have noticed Alt coin market saturated, If you visit the Alt coin announcement or bounty, you will notice every hour, there is a new coin announcement.

So my question is, how many % of those new alt coin survive in long run? let's say 1 year? 2 years? or even 5 years?

99% of them will fail within first year. Here's why:

1. People making millions of crypto currency, we can make it, lets make a coin.
2. People have no idea, what they are getting in, and how to run a company or organization.
3. People wants easy money.
4. No reputable organization or company behind the idea.
5. Most of people under 25, wanaa be entrepreneur, without any background or knowledge.
6. Most of the alt coin start with ICO, expecting to collect millions of dollar from it, without any capital.
7. How many new alt coin company can run of 20 to 25 dev team? not many.
8. Without zero marketing idea, or how to market the coin.
9. When coin price doesn't go up in couple of months, they give up.
10. If we can list on exchanges, we will get rich!

And list goes on... Post your opinion, why 99% alt coin will fail?

The rest of 1% Alt coin will survive beyond 2020 because >
1. They have a purpose and ambition.
2. They don't go after money, rather working hard to maintain back end.
3. Strong Development team, who knows what they are doing.
4. Keeping touch with social media, updating every move and letting investors know, they are in good hand.
5. Trust factor, you have to show that public will trust you.
6. Regularly have conference, at least twice a year and update investor, what's going on.
7. A clear road map, and actually follow it.
8. Thinking long term.
9. Hire actual marketing people rather than depends on this forum only.
10. There are million of people who doesn't use Facebook, Twitter, Instagram, you have to learn how to reach them.
11. Stop depending on Social media, We all know 70% people use social media is under 25 and they are student. They are not investor.
12. Try to connect your coin with any company, or organization, no matter how small it is.
13. Go slow, don't worry about your price, worry about your project and stability.
14. Hire online entrepreneur or even a YouTube star, if your audience is young and target market under 25.

I can go on and on but these are my opinion to be a successful in this field.  



Well, I think these are the completes reasons why Altcoin will have no value in the next a few years.
Every day a new token or coin was born. But you are true, most of all don't have any clear purpose except only getting a quick profit.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Andrej Peiboski on April 05, 2018, 08:33:33 PM
The altcoins fail because they are designed and managed by greedy and incompetent people, who think they can get rich easily and do not realize the difficulty involved in the creation of a currency.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Cryptomagnus on April 06, 2018, 04:25:53 PM
It seems to me that - apart from the current stasis of the market that has blocked everything a bit - the ICOs of success are many more. Then, of course, many are scams and many are badly managed. But there is always a good percentage of successes.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on May 08, 2018, 11:58:10 AM
Disappointed with some bounty program I participated back in November and December, turned out to be a scam, out of 10. I got token only from 3 project rest of 7 projects didn't even bother to communicate or paid. So guys be careful out there, you won't get paid for your work if you don't research before joining.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: tyronecoinbit on May 08, 2018, 12:09:45 PM
Disappointed with some bounty program I participated back in November and December, turned out to be a scam, out of 10. I got token only from 3 project rest of 7 projects didn't even bother to communicate or paid. So guys be careful out there, you won't get paid for your work if you don't research before joining.

You're right bud, well honestly it depends on your luck but somehow to make it sure much better to research first. I also experienced on what happened to you mate until now since way back February some campaigns that I joined didn't distribute tokens that feels so disappointed and I don't think they have a plan to distribute. Experience is the best learning as I learned on what I had  experienced so by next time I will assure to join a legit ICO Project.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: masterfocus on May 08, 2018, 12:11:46 PM
That's right, buddy. Good job noticing that.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: TooDumbForBitcoin on May 08, 2018, 01:31:29 PM
Ok, but it is not a secret and it is not a problem. The best projects with the most attractive features will live in future ecosystem/infrastructure.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: imteaz on May 08, 2018, 11:57:07 PM
Ok, but it is not a secret and it is not a problem. The best projects with the most attractive features will live in future ecosystem/infrastructure.

I know it's not a secret, and I am not expecting rewards from all bounty campaign, but what i am trying to say, lot's of bounty campaign refuse to pay the hunters after 3 months of works, is not an ethical and right thing to do. Someone should do something about it because they are getting away with it.


Title: Re: Why 99% Alt Coin Will Fail?
Post by: KpopLord on July 06, 2018, 05:01:58 AM
because they into money and not thinking about developing the project. and many ico is a scam to funding a money. and third project hard to develop cause of lack of money, lack of support, unrealization and other things that make project unable to develop.
Yes, I agree that campaigns nowadays are focus into money and  in the projects. I truly agree with his statement because this is proven. All projects with the best and attractive features will survive in the near future. Actually it is not a problem because it is a common thing that happen in the market. Sometimes you lose but sometime you win. It is survival of the fittest. The best project can surely last longer than any other.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: luyin46 on July 06, 2018, 05:11:29 AM
Altcoin is an imitation behavior, imitating famous projects, just changing some parameters and then re-publishing, because they have no constraints after obtaining the investment, and they are guaranteed by their own morality, so the basic use fails


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: blue08 on July 06, 2018, 05:36:58 AM
Most altcoins failed because their main goal or mission is to have a quick profit and not really to solve a problem that could help its users. I am thinking that the true essence of blockchain or this new technology is forgotten because the mindset of most developer is to have a quick and big income.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Herbert2020 on July 06, 2018, 05:40:05 AM
Altcoin is an imitation behavior, imitating famous projects, just changing some parameters and then re-publishing, because they have no constraints after obtaining the investment, and they are guaranteed by their own morality, so the basic use fails

that is only half the problem! and it concerns only a certain percentage of altcoins.
but the main problem which concerns all of them is the fact that the purpose for their creation has never been to solve anything real. for example we call them crypto "currencies" but none of them are "currencies". the developers never intended them to be currencies either. they wanted to make something that can generate a revenue for them so they focused all their energy on earning money. which is why the altcoins all suck!


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: bitcoin2048 on July 06, 2018, 06:53:22 AM
 I cannot agree about 99% of alternatives, but I believe that it is possible for 70% to fail, because the projects are weak recent days, and we are not having something really significant and Powerful.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: vova.andreyan.94 on July 11, 2018, 08:54:13 AM
Of course a lot of truth is said in these words, but I think that the percentage of normal altcoins will be a little more ...


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Nikolas_the_Wonderworker on July 13, 2018, 08:40:33 AM
Only large projects of the ICO, with an idea that covers not less than 30% of the world's population, only inspire confidence. Such projects will be supported by large entrepreneurs. It is also very demanding to approach the selection of participants in the campaign for the bounty. It is necessary to get rid of chaos, when everyone praises the project, not deserving even attention.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: HusmayaTa on July 14, 2018, 02:12:29 PM
Good point. Digital money implies decentralize coins, so individuals can utilize it unreservedly, without telling anybody or control by anybody, so for Ripple, as they are attempting to get into bank area, how it going to work? I haven't check their guide yet or white paper, can't tell in subtle elements, yet what I comprehend, swell won't be decentralize crypto, it is controlled by somebody, am certain. since take a gander at their value, it doesn't fall so effortlessly or ho up effectively, so it is controlled crypto coins.


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: Pleemlio on July 21, 2018, 10:36:25 PM
The point I like most from the post, is that they know not how to run an organization, the majority of these folks think since they can compose a code, which is critical they want to run it with the business side of it, they will take in this the most difficult way possible


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: dylanmeter on July 21, 2018, 10:44:26 PM
I tend to think the number is much better than 99%. Possibly 75%. For one, ICO’s are so new most have not had a chance to fail. They are still trying to launch or build their product. But if I had to guess I would say that because ICOs are well funded that could give them an advantage compared to a traditional startup company. Finding the winners is the key for all of us!


Title: Re: Why 99% Alt Coin Will Fail? A Case Study
Post by: faaznuw on July 23, 2018, 11:22:04 PM
I think some will come up short since they are imperfect, yet I don't see it being 99% of all alt coins, there are a considerable measure of good ones out there.