Bitcoin Forum

Very good analysis by Goldman Sachs on where crypto is going: https://www.bloomberg.com/news/articles/2018-02-07/get-ready-for-most-cryptocurrencies-to-hit-zero-goldman-says

We still have not seen the launch of the crypto of the future

As these cryptos are loosing their popularity in the market  and also interest of people they can go to zero.

Yes most cryptos are not useful like Bitcoin.

Here we go, so another fudder is here, please donot spread negativity, crypto is just getting started and good projects will definitely grow, you can do some research and skip bad quality projects and save yourself from any loss in long term.

I have to disagree that this is not spreading FUD. It is no secret that the majority of ideas fail, this is true in everything, businesses being the most notable one. This is not to say that cryptos will not be successful and have a future, just that the large majority will fail. Let's not forget that investing in ICOs is similar to investing in penny stocks.

Only new investors sold their coins for even loss because of panic but get ready for next wave of surge from that same investors who will get FOMOED to buy the same coin at higher price.

Crypto is not losing its popularity, for healthy price growth correction like this is necessary and weak hands shouldn't invest in crypto.

Yes most cryptos are scam or only for make money.
Hope this process will fast come.

If some scamprojects die, the situation will not change fundamentally. With the new rise of the markets, new scam projects will appear.
We need serious regulation of the market of ICO.

I would believe /partially/ on Goldman Sachs analyze only if I';m going to buy ordinary /fiat/ stocks.

But for crypto's... please they are one of the biggest fudders and it's completely understandable. Competitors.

No, you only see crypto with one eye, so you are not aware, try your attention NEO well, NEO still grow well there.
This chinese ethereum, able to survive among its competitors, this indicates the enthusiasm of citizens towards crypto is still very high.
Bitcoin is experience a small accident due to FUD and a large whale that has betrayed bitcoin, take a look at two or three days after the Lunar New Year, i'm very sure bitcoin will rise.


Hi, Make a positive speculation. Appreciate your friends in this forum.

There’s a lot of sense in what Steve Strongio is saying, based on the lessons of history when other technologies have revolutionanised the world and how humanity does things. Current blockchain technology is still ‘primative’ and too slow and cumbersome for widespread adoption and industry disruption except in specialised niches, but is evolving rapidly as more technical knowledge accumulates and more technicians become experienced and visionaries develop new platforms and protocols to do things better based on what’s home before. Society as a whole will also not go to the trouble of using crypto solutions until they are simple push-button things that make life easier and better, unlike the enthusiasts and early-adopters using crypto now. Most dApps have therefore been developed on technology that is inadequate, and where there is unlikely to be widespread adoption of them over current centralised enterprises - a case of putting the horse before the cart!

So in terms of the nearly 1,200 current cryptocurrencies it is probably fair to say that the 1,000 odd dApps built on current platforms will sooner or later wither and fail and become worthless, and in terms of the other 200 odd current cryptos that are competing to be used for money exchange and to be the preferred and best infrastructure/platforms that only a few will become the industry standards that survive and prosper - and it is likely that better solutions and coins will be developed and released in the years to come that will be the blockbusters of blockchain in the decades to come as this tech does revolutionise the world.

It can be observed that the coins have lost some value as it has also taken over, it is practically the tendency of the crypto-market naturally, to say that its behavior to reach the zero of its value is to assume that there is no added value behind this market and intrinsically if it has it, and the future will show that the strongest currencies managed to maintain themselves in spite of the present difficulties.

The crypto currency niche is very popular now!Accordingly,there are scammers who try to deceive people and make money on it!But not all projects are hopeless!There are projects with a promising future!In them, and you need to invest!

We are all waiting for Bitcoin 2.0, but the truth is that Satoshi created something that will be number one for several years. Technology is growing and we can be sure that this is just the beginning, but for now the king is only one! BTC!  ;D

This is not new to us check out the announcement thread and see some coins that were launched 2013 to 2015 majority of them are zero, nada in value, and sadly some of this is ICO coins who scammed investors only a handful are considering still profitable in the market.

At the beginning usually there was option to earn a bit on them ;) but it is all about developers, usually they abandoned project to make something new, and it naturally go to zero level.. sad, but true..

im AGREE, 90% crypto will go to ZERO

most of those project out there is VIRTUAL, its a big fraud to us all, they use our coins to funding their private company and gave us nothing in return except the funny money in which do not represent anything

even thou you are as a token/coin holder, they dont even care or hear you, also dont even know you're exist..


this is why i try make different,, we try to make the world a better place as maybe Satoshi Nakamoto envisioned..
by giving free XLM to everyone since 2years ago.. at myStellar.org (https://mystellar.org), to help underbanked and emerging countries, in which in my opinion stellar value must be low, if not then it is not as initial goal, which is help fight poverty (current value is 4000satoshi)


today blockchain world is so expensive, 80% world population cannot afford to release their own project, while there might be some good competing projects in which they are all lack of knowledge and funding to bring it to blockchain world.... they are "the TRUE project that is in real world use-cases"
not some projects that are only exist in VIRTUAL

take a look on these cost, how could small and medium industry on every 3th world country and emerging country or underbanked could afford?


this is only and example of blockchain for the world have been abused.. and we at frasindo will try fight it, by provide everything that needed for any projects that build in real-world use cases, and build for Bitcoin and Stellar.. or any true decentralize "community project" in which not a private company..

lets hope on our upcoming project we will provide an exchange market, ico list, market cap,advertising, escrow, and everything is LOW FEE and almost free


so every younger generation around the world could plan their finance +build something, and invest in any projects across continents, with their own pocket money from parents.

I do not think that. There are many good projects and its crypto co-development is growing with the market. Only crypto coins with the purpose of fraud and unprofessional management led to failure of their projects. I still like long-term investment in the potential altcoin.

Certainly plenty of them will go to 0 in the long run, because they dont offer anything groundbreaking. Those will stay, which the larger userbase, or create a platform, like eth

In the long run, the shitcoins will be filtered out by market itself and the survivors will be the actual good coins.

This is a reason why low cap coins is a big no go zone for me. Even if I do trade low cap coins it's going to be short term trades that I tried to get out of as soon as pump comes, because I know that they are not going to survive in the long run.

Bitcoin is going to remain king, altcoins are going to evolve to become better, and older alts will be replaced if they don't update as well. So the article is somewhat correct, though BTC should hold its value.

Of course most of altcoins go to zero that is coincide with most trend of newborn things' destiny.
But the rest of altcoins that is survived will finanly thrived.

I think this is a normal situation, something is in demand and in the leaders, something is not interesting to anyone. And in the current situation, even so many shitkoins will die at all, the most reliable and promising ones will remain, and we will remain kings to the market. The main thing is to have time, it's like at the very beginning of the entire system, who first and the main profit.

This one is a funny joke. Why should we listen to Goldman Sachs in terms of the end of Bitcoin and crypto? As expected, they would want the end of Bitcoin as soon as possible. What do you think of these people? Credible analysts of the crypto market? Hell no. In the first place, Bitcoin and crypto are created as a form of protest against these banks. We cannot expect them to speak in favor of crypto.

Goldman Sachs thinks in a slightly different time perspective than majority of traders here. Fundamentally, GS is right in the very long run when plenty of top500 coins is going to loose even their speculative value (apart from their intrinsic value). Meanwhile, we - traders and hodlers - can earn by betting on changes in speculative value.

I think everyone knows it already, in the long term most of the altcoins will go to zero and the same thing can be say for the stock market. There are over 1 000 differents altcoins right now, I am sure only a few will survive in the long run. But for now, you can still makes good money with shitcoin you just need to know when to get out, it's easier to say it than done. But the good coins like Ethereum or bitcoin will stay.

Some possibly many will go to zero and go bust, primarily because they have no useful function or are scams.

The more professional and useful will survive, but value in the short term may well drop further, and this could lead to some really good projects unfortunately failing.

Long term these will grow to be the next Microsoft, Facebook size businesses.

Totally agree with this point, I'm done listening to GS analytics regarding the crypto issues. They have already changed their point of view for a dozen times. At first, they told everyone that bitcoin will never exceed 10k, then they publicly made excuses saying that crypto assets are a new financial future ( just at the time BTC was nearly 20k). Now they starting this fud again. Personally, I don't really can bargain about the future of most of the coins, but I will not listen to these hypocrites.

Most cryptos are not going to Zero. Unlike, most cryptos are going to rise in long or mid term. You can buy more altcoins and wait, you will earn a lot of money.

There is certainly no way that most cryptos will go to zero ! It is possible though that some of them will go to zero if they are abandoned by the developers and community.
This is why you need to research before investing , to be sure that the coin you want to invest in has good developers and is supported by the community

It is just the beginning of cryptocurrencies and high potential projects with real-world use cases will definitely grow.
But many projects are overvalued and many of those 1500 cryptocurrencies are only shitcoins that won't survive and will go to zero.

No problem if a shit coin like bitconnect price goes to zero. Actually, it is better for cryptocurrencies only valuable coins to remain in the market.

No one, not even Bitcoin Core developers could accurately predict the stratospheric rise of Crypto Currencies. Cryptos have become undeniably the most profitable asset class since the beginning of human activity on planet Earth.

To speculate that "most of them will go to 0" is both utterly foolish and laughably arrogant:

foolish because it doesn't even matter, as investors can still make multiple fortunes from crypto assets that make 100x-1000x within a year or two,

and arrogant because how could these blindsided skeptics presume to predict the future of a phenomenon they completely missed out on; if their past shortsightedness is any barometer, they obviously should not be taken seriously for any of their future projections.

Do you know that goldman sach is bankers and bankers will always hate crypto. They want to take control all your money and with crypto they can not control our money. Because we can control it by our self. I dont believe what bankers say. I was a bankers and i know they are all bullshit.

But there is truth in Goldman`s words. 80%+ of new ICOs/Projects are scams or projects with ideas which already have been invented.
In my opinion <10% of projects will remain on market after a great fall (bubble burst).

They are probably right that most coins long term will go to zero.
That doesn't mean though that the total market cap of all coins doens't increase a lot.

If this is true then it is good news for me most specially for the newbies in crypto. But i have big doubts about that news simply because many investors will loose their money. In economic point of view it is not realistic, because it doesn't back any significant proof.

No surprise really, when 95% of coins trading aren't useful for anything but price speculation.
My prediction is that the whole market cap will keep increasing with less and less coins on the market.. long=term of course.. 2018 will still be the year that shitcoins do 100x on a regular basis  ;D

Shitcoins would go to 0.0000001 by the exchanges would yank it off.Some coins or tokens basically don't tie to any utility or infrastructure.
Any token that has demand would stay relevant whilst those that are basically occupying chart space would die a natural death.

most of shitcoins are.

If Zcash wanted to. It might be the best secret currency. But they work very slowly.

Go to https://www.coingecko.com/en (https://www.coingecko.com/en) go through the top 200. Cross reference market cap and Liquidity rate.
That should give you a bisc list to start your investigation on.

Talking about most cryptos go to zero is an undisputable fact. is just a simple saying of nothing last forever. cryptos are systems which get updated with time. if another fail, there will always be another project to improve on the failure of another to come up with something outstanding. the fact that Mr. A fails doesn't mean Mr. B will fail as well.

After all Goldman Sachs are the bankers which are drastically against Bitcoin and all cryptos. So why do you believe in them when they're talking about their enemies, of course it all will be a bad words and bad predictions.

There are a lot of coins that maybe will hit zero, because they dont have any use cases. The strong projects are going to move up with their great ideas, so watch out what are you investing in guys!

most of this cryptos dont really have a good developers and team, but with good developers there would still be good cryptos that will rise.

Yes, but before that will happen everything will pump hard and if you bet on the right horses you will see massive gains in the next 1-2 years imho.

If cryptos goes ZERO, its none of Goldman Sachs business.

Most of the coins that existed 8 years ago are still in the business, take for example dogecoin, the price of this coin was less than 50 satoshi but its going upwards. Who could say this will turned $1 each one day.

Actually, I've read many of their predictions and most are spot on...including this one.

FYI, they manage cryptocurrency for BIG clients and considered as one of the "whales".  Will they use that to their benefit?  I bet you, but not as underhanded as others so far (or as far as I can tell).

Most times, people just misinterpret what they read (as in this case with you).  Have an open mind and you might understand the real message.

i dont think most tokens could get that low

Cryptos that went to zero were those that did not possess the 4 basic points for them to succeed such as reliable ico team/blockchain advisors, whitepaper  which indicates how the funds raised is used for product develpoopment, scalability/tokenomics, understand if the tokens has economics in its usage, if the tokens has application, strong ico community that confirms the need and demand for the project, no matter how good the project if there is no demand, investment will fail. If the above are considered in creating  alts  for sure it won't go to zero.

they just scared of crypto....it will just go up in the future...

Cryptocurrencies only die when they get delisted from all the exchanges.

As long as your currency is on an exchange somewhere it is alive and will get pumped at some point - regardless of whether you have active developers, a community or whitepapers.

Coins just don't die.

Many crypto coins are scattered on the internet, and many crypto coins are just scams, and only benefit the maker.

Bitcoin's has gone intermittently and it is riskier to hold it because it might get smaller. Now the best thing to do is to find a new campaign or ICO which you could invest and earn bounties in this way the popularity of crypto might still increase. But the down side here is that there is no guarantee that your money could ever doubled or bounties you earn might increase its value in the near future.

Well let's be honest guys... Most cryptocurrencies will somewhat hit 0 in sometime. But I still feel that time is too early for this fud, crypto bubble is still nothing comparing to real markets. Just nothing.

Just FYI crypto-currency is not the global currency of the future so I partially agree with this post.
Nevertheless I still like Bitcoin et al. But McAfee's manparts are in serious trouble.
What I cannot agree with is that the intrinsic value is zero. The ability to instantly send money digitally at the push of a button in an electronic era has the potential to make a serious dent in the financial industry with several trillions at stake. But only the righteous will thrive.

yeah that's true, there are a lot of useless coins made just for speculation, it's like the dotcom bubble, many will disappear but the ones that will be able to survive will be gamechanger, look for example at the various google amazon, they changed the way we see the web

Maybe yes or maybe no, no one knows but most the coins that will go down to zero are the one that was already bring dumped by everyone. Bitcoin was made to change what was the banks and governments doing in our fiat currency. So it could be very difficult to justify if cryptocurrency will gonna perish without a fight. Most developers are working hard to develop the best crypto in history and on the coming future.

It is interesting and it is true but where is the analysis that says every single fiat currency eventually goes to zero as well, if they were being fair about informing their audience they should tell them that little known fact, yes there are fiat currencies right now but believe me eventually those currencies will fail as well, so it is not like only cryptocurrencies have that flaw.

Cryptos will only goes to zero if people would not believe on it and most of the coins like bubble in a wrong speculation and being useless in the market.But we all know that there is one coin that became stable and still increasing for a moment.And most of coins made, need a good developer to became successful and rise in the market.

I believe with you, most of these tokens are just created for speculative purposes and since they have no utility purpose their trading value with decrease with time, especially most of these airdrop tokens, they will be the first to go to zero, I think by the end of the day only few tokens with real word use would be left

This is stupid on so many levels. I bet that Roubini have many Bitcoins in his greedy pockets.

Non-useful cryptop will go to zero. Also with crypts that are useful to the community. It will definitely grow and go further. Do not look at shitcoin and evaluate it all

yeah i agree with you
someday there will coins that return to zero point, it is the followers with bad technology, but that doesn't apply to btc, I think btc will continue to grow better still
I'm sure the cryptocurrency developers will keep trying to fix the current deficiencies
so it can be concluded this is only business competition

It makes sense. Most of altcoins will disappear, just like most of startups or another businesses projects fail in first years.

all of the bad news in the market now are fake. they wanna destroy the cryptocurrency. But they cant. the investors now are very smart,. they can research and will know which is good for them

definitely correct!

especially if new people stop getting into market, it will be faster than it should be

Most crypto are not mean to grow and grow and grow, some of them are enough being their, like most of tokens, they weren't created to compete on the market but created for such an purpose only, like its used in online gambling, you need to but their token to participate on their gambling site, slowly their price increases but not much, some of the people this tokens dead.

 ??? ??? ???

people registering on bitcointalk few days back just to tell us crypto market going to be 0
sometime i suspect now banks and those fudders made army to spread more fuds .  ;D