Bitcoin Forum

Maybe it's just my perception, but in these times when new coins appear every day, it seems to me that most of them lack value.

I have seen that many currencies are created based on an idea, that they intend to be used for something, even though at present they are useless, they are based on the hope of being used. I hallucinate seeing how some collect millions in the ICOs only promising that they will be adopted en masse, only selling an idea that has not yet been started or developed.

I wonder what chance of success has a currency that is defined as "the new currency that will replace Bitcoin" or any other great concept if only based on a theoretical idea.

Do you have to create the currency first and then wait for a community to be created that uses it?
Would not it be better to have a community first than willing to give the currency a real use before creating it?

I believe that for the creation of a new currency to make sense, it has to respond to a real need for the exchange of goods and services, if we only buy a coin with the hope of selling it more expensive, if there is not a community that supports it, We will be betting on a pyramid system, and we all know how those systems end.

That is just my opinion. I do not know what others will think.

I also see that there are far too many coins, more so that there is many that are just clones and don't really have any proper applications.
We see so many also with huge pre mines that can only put the devs in the right place when they do take off even if it is still under a dollar.
They are all trying to emulate what bitcoin has achieved but bitcoin has taken time to get the position it has now and market dominance.
Community is as important as the currency is it is hard to build a community without a product but it is easier to grow a community with a product as confidence grows so does the community.
Speculative trading is always going to happen as with any new crypto currency most peoples goal is for it to make them rich. As the community grows and more do start to accept it for goods it will become more of a currency rather than a coin that is just traded.

Yes there are too many ICO and too many coins that are being created that have no significant value.

It does not take much to create a coin nowadays and to buy your own coins using your own eth or btc..

And once you get some speculative activity, you can pay your way into a listing on the exchanges.

This is what i am concerned about the crypto space... too many such shill coins.

We will see a big shakedown soon and only the coins which actually can contribute to mankind will remain..

Alot of coins without value  look at their team roadmap whitepaper, do they have a working product. U do that and u will be good

Yes, I have also noticed this. Even big coins like Bcash or Ripple have billions of dollar in market cap. The altcoin bubble will burst and all these shitcoins will disappear.

to many ico getting created day by day .. im afraid of it aswell this might lead to a bigger burst

Too many altcoins are not even worth the effort to read their whitepaper. You can tell that many altcoins are created to grab cash from greedy investors who got no idea what they are doing and just hoping to find the next bitcoin by buying everything.

This FOMO or lottery mindset is being exploited by many badhats to grab as much cash as they can until this whole scam gets regulated or it blows up

We should always be careful what we are investing into and not be caught in this fomo attitude..

Take a look at their whitepaper, their staff meets the requirements of the project, you see the roadmap is reasonable, the roadmap too short to show that the coin is cheating. , and it is important that you listen to the opinions of the Telegram community, facebook ... and so on. The above will help you choose the most likely coin.

Most of them do lack value. But this is to be expected, since crypto is still a fairly new market. As time passes and the market becomes more saturated, the worthless coins will be weeded out and we will be left with the coins that have actual value.

Many ICOs getting created day by day. But a lot of coins have been without any value. Please invest carefully and read papers!

Daily there are many ICO`s many coins are appearing.I think only those coins can survive which are developed on a proper road maps,clear vision,good quality technology,deliver product in long term,grabbing investors attention,full of well defined purpose,funds management,continuous dedicated work team behind them to sustain in market.The purpose of writing all of above is to highlight only those coins which are based on above mentioned some features rest coins which deliver nothing or hyped would automatically die.A well growing would always possesses these characteristics.Now you can decide fairly by yourself.Some coins may be having less value but they will exist for a long term some coins would be hyped so much that they may have some value but they could not sustain for a long time.

I see that it is a shared thought. It would be ideal if there was some way to supervise the development of a project, and that the developers could only withdraw the funds in parts as the project progresses, but of course, that is something different from the philosophy of the blockchain.

Same here i'm always worrying about there's so much coins that's lacking value day by day altcoins is created with different platform and reasons but those coins don't have the potential all of them are made from innovation just to create something that's much better than bitcoin.

I agree that many coins have no value.  But at the moment there is one problem in society: financial ignorance.  And to a greater extent, it concerns cryptocurrency.  Many people do not want to understand the essence of the project but go where they will be called through the referral system.  And this is used by many creators of the pyramids.

I don't think there are too many altcoins without value,
there are still so many altcoins that have a great value in the market and the exchange,
i'm not worried about that, even there are opportunities for us to choose whice altcoins that we can invest on

Agree with you that there are too many ICO's coming to the market with their altcoins but only active developers with solid projects will survive in long run and it is very difficult to find a coin with long term business. Many altcoins which comes in last year prove them and established and we have to focus on them and wait for the new coins to prove their value.

Yes its because most of them are utility token or doesnt have a working product.

There is way too many altcoins in the market. I know the discussion is split when it comes to NEO and the high requirements for starting an ICO contract is smart. As of this post it requires $19,220 USD to start an NEO altcoin for the contract. This keeps the 'non-serious' people out of the market which I think Ethereum has a major problem with $8 ICO contract fee.

I would like to see a small amount of regulation around new ICOs to protect consumers, but with that comes its own inherit problems. I agree with some of the other comments in this thread. 2018-2019 we will see a lot of small, medium and even high altcoin market caps burst. This will be a good thing though for the ecosystem in the long term.

There are definitely too many shitcoins and memecoins we could do without.

People just love hyping a gimmick and a meme, enough is enough. :)

The situation around crypto-currencies resembles "Dutch disease". Altcoin do not cost anything until society agrees on its cost. Many projects that appear every day are just uninteresting to the consumer, since they can not offer anything new, exclusive and necessary for the user.  The society with its interest creates the cost of Altcoins, in contrast, for example, from gold, which has value regardless of the interest to it from investors. That`s why there are too many Altcoins without value - people are not interested in them.

too many, and what often happens is a coin after ico ends, the price is completely lost and the coin is charred.

 

Most people get into Cryptocurrency with an im of making insane profits out their investments and not caring the immediate market needs of the market. Developers seems to have realized the hunger and some have moved fast to come up with coins with nothing but promise attached to it. such are normally aimed at cash generation and unsuspecting and less experienced investors fall victims. That's why its important to scrutinize a coin properly before venturing in it.

The reason being that they are not solving any problem, mostof these tokens are useless just created to rake money from people because they know some people will gamble on them, and as you can see it is getting difficult to keep track of all the tokens entering the market currently and are finding it difficult to get exchange listings

I like to think that even there are many altcoins in the market that they still have significant use on their specific country. Whether we like or not the reality is we have many altcoins in cryptoworld. The rise of altcoins started when people see it as a business opportunity with vision of becoming like Bitcoin. I just hope people involve in ICO has this kind of vision in order to minimize the shitcoins in the cryptocurrency.

Some altcoin are not having value. It is afraid that in future it. Will affect the growth rate. It may be lack of road map provided by team.

indeed there are a lot of alts and most of them seem to be without a valus but i think there are alot there to be valued and most seem to be almost the future of alts like neo this new innovative alt in blockchain technology.

There's a lot of them without any value, I like to see this as an example of what not to do with Bitcoin.

That is real, there are many altcoins being introduce to the digital market that have no concrete value, so avoid investing this kind of altcoins for your money safety, just rely to altcoins that you ate familiar just like bitcoins , ethereum ,litecoin and others with true value.

Those are just pump and dump coins, mostly selling ideas that you it can be an easy ride to become milionaire. Very few have real technological ideas that can be helpful in the future. And many are still being fooled by those ideas because of what happened to bitcoin. Bitcoin started as pennies, now look at the value. So many more will be created because it will sell even if it is a shit coin and will be dumped later.

I think that there are also new cryptocurrencies that has a good platform which I think will be successful in due time but this need to show it's importance why should people rely on investing to this new coins. I agree that there are a lot of new cryptocoins coming in and later may just dump in the long run where it just accumulate the people's investment and then leave. That is why, in my opinion I would rather invest in cryptocoins that are already existing in the crypto market and having good market performance to ensure that the investment will potentially grow towards the end.

You have a good point, i also have some of those altcoins and i invested because i think it will go up.
Well you won't start something unless you launch it right? if there is no perfect marketing then it would not be bought by a lot of people.
Maybe that's why they launch early, still i only buy altcoins that have a good market cap, value and vision.

Yes. Nearly 90% of the altcoins or called cryptos without value. As years before, someone can just change a pic and name of bitcoin client and make a new altcoin.

They have no value besides trade in the market, so most of them are died with nothing left.

Many chasing quick profit not thinking about that price can go to 0. Many altcoins without real use cases are going to die some of them just pump/dump tokens.

Do you mean ripple and bitcoincash are shitcoins? Sorry i can not catch you.
If you said its shitcoin and they are true shitcoins.  I dont see any purpose of those two coins and i think they are useless.

Yes that's true until the bull market will start because all of the coins that has no value even if it's a shitcoin it will have a value all of them, all the coins will set their new ATH like what happened on the past few years every bull market all coins set their new ATH.

There really are many altcoins without value appearing in the market. But these undervalued altcoins may suddenly become valuable once more investors back them up. I think this is still good as competition may let us pick the best for our money. We have to be vigilant.

because they keep releasing coins without anything good about their project and uses of the coin, sad to say they are just trying to earn profit from collecting Funds in their ICO and after that they know that they will damp it afterwards.

I think they not popular so the value is low only but if they listed already in exchanger i think the developer is good so it can go really high

I think also if you going to invest in that you will lose from it so better to invest in the coins that already have value in the market

Yeah, i also think that right now there are so many senseless coins and it's not so easy to find something really decent among them :(

I agree there is to many coins/tokens that have no value at all and are starting to clog up the market on other coins that have value. Among the ever increasing number of coin/tokens that keep coming out some great and usable projects are being missed and will take a lot longer to be noticed because of the number of scam/poor idea projects that are just trying to make a quick buck for doing nothing.
It's defiantly getting harder to find the gems in the tonne of crap projects.

there are too many car company and also televesion or bicycle production company. are all of them success? there too many coins too, but some of them will be success.

Are you reffering to airdrops coins/tokens? or the shitcoins that have $$ values and even in the top of CMC?

You have a point that many are selling dreams and not a working product. Anyway it depends on the team. Some ICO have already a working product and they need fund for further development.

Many are claiming that their coin will replace bitcoin. But still could not dethrone bitcoin.
The best candidate to replace bitcoin is ethereum with a 50% chance if success in my own opinion.

NO one will work for free nowadays. Also someone or the team need money for expenses like food, marketing, and etc.

If you  read the whitepaper you will find How that coin will "respond to a real need for the exchange of goods and services ". but Sometimes they become shitcoins with $$ value because few people  are using it.
It's natural for investors to buy low sell high.
Do you invest for the purpose to lose your money?

Many different kinds of altcoins today are born, they are actually created by generous people which the purpose is to introduce into the market, however the problem is only less people or customers who wants to adopt, that's why it affects their total growth and mostly some coins will disappear.

I would pass any ICO or altcoins which couldn't afford some basic marketing. I won't mind miss a gem because of this principal. There are just too many altcoins out there.

How we can prevent shitcoin appear in ico? I dont get any tips for that to prevent that shitcoin.
I hope any P2P regulation which will work fair and all the shitcoin coin will disappear or can not pass this regulation.

I totally agree , but that’s what separates the crypto market from the rest.

This is happening also not just in cryptoworld. There are those business start-ups that are selling (but I guess"sharing" is the best word) their idea in order to raise funds for them to use in realizing those ideas into a tangible one. The potential of the idea may correspond to how much funds can be raised. I think that should how a certain business start esp those who don't have funds from the very beginning. Not really different in cryptoworld, right?

I can't disagree on this. But personally, I can see some really good projects that could somehow be useful in the future especially in fintech industries. We just need to give them time to do what they have promised in their roadmaps though I am aware that until now, there is no or only very few out of thousands of projects that has fulfilled their promises and is now in a full-swing.

Yes because there are almost a dozen of coins created on a day to day basis with so many ideas and innovations being put out to the world that our focus is divided into a million times and only time will tell what the real value would be. Some coins are valued on hype and some coins are valued with it's technology. As an investor it is a good idea to identify what will make it in the long run and would someday be used in general.

It can't be helped. Almost everyday there's a new listed coin. And most of them are shitcoins. Just collecting fund for themselves

I must commend your perspective to coin creation and it's economic relevance. Having said all that you said, there is still need for coin to be created first before any community can be built around such coin. It is indeed clear that not all the coin are going to survive or useful but some will become the game changer nevertheless in the future.

Of course, tokens are now quite a lot. Many of them are really empty and have no value. However, I do not think that this is a problem for society. Unnecessary tokens will be swept away by the market. If we want to develop a crypto currency without centralized regulation, we must allow any tokens to appear, both necessary and useless. There is no other way to fully develop the crypto currency.

In that proportion, I agree because that's the only way we can solve the neccesary problem of token does not have value we must let them open so that it will eventually help also the crypto world.

In that proportion, I agree because that's the only way we can solve the neccesary problem of token does not have value we must let them open so that it will eventually help also the crypto world.

it's true that a lot of Alt coins are on the market but some of them are worthless, this makes the Alt coin look of no value, ICO makes new coins every day but no one really makes the coin prestige. this is very worrying for some buyers or investing in the coins because it makes the value of Alt coins as garbage.

Usually those tokens are only can be used on those developers startups platform. But when the business is bankrupt or the devs don't use that token any more then there is no value in those token except there are people who want to but that token.

this is what makes me anxious
crypto assets that do not have a price and can not be sold is very detrimental to the user
should, a team and developer should be able to form a community first, which serves as the first consumer
so, the community can also help rebranding related coins

Total agreed with you. Many of them just only offer paper ideas to the world without the real things or real adoption. All of that should be perfect ideas but the real never work simple like their little group ideas.
That's why some of Gov and many person worry about it and make a WARN to all investors. but funny that make market shake. But we will need all of that action to bring ICO similar trust place like IPO

It is really scary to invest if you are not so familiar with what you are investing. It is better to make sure that the altcoin is valuable and is used widely by the community. Because some new coins might be easily lost its value or has no value at all.

An altcoin has value when people buy it.  If there are no buy orders, it won't be worth anything.  Same with projects that aren't on an exchange, they won't have any official value.  You can do private trades with someone but that doesn't mean it's the real value that people would pay when it's on an exchange.

currency without value is a kind of Klondike for investors because if you study the project correctly, you can make good money by buying them on the bottom

Yes, there is more and more coins coming with no value at all, I mean some coins come and published and it has $. 5 - $2, but some are coming $. 02 and some are much lower and it has a billion supply, of course everyone will think that this coin has very slow progress and along the way it might just die. So. When I saw this in front of their bounty, I'll pass and I don't even read the continuation...

We just can't avoid that scenario to happen because of the many ICOs aprouting around some of them maybe scam and some did not materialize as plan.

Yes that are.because when the coin have enter the market and many investor have buy it in ico when pre sale and main sale a lot of them will sell the coin back to gain profit and then many bounty hunter doing the mass sell after the bounty end, it cause the price drop deeply and have no big value. As you said to make community first before the coin offering i think its hard to do except the country that launch a coin, it will have the community that will use it(citizen).

There is to many ICO are coming with their coins without any active developers and also without community support.
I think most of these coins first come to the market and after that they prepare their own community for their publicity. Which is wrong and due to this they do not get good value in the market.
And this is the main reason, why maximum coins have no value.

Yes it is really so, because people simply invest without looking, they just do not understand what they are investing their funds, today there are a lot of projects that have no value at all, it seems to me that this looks very sad.

It could be possible thing to happen cause of having a lot of unrealistic projects flooded in here.  Not to mention also a huge numbers of undeveloped projects due to of its usefulness in the community and let it die. Really bad to see how it affects the entire crypto community and it may cause of losing trust from investors.

In fact, it turns out that most projects don't carry any improvements in the field of blockchain or real application in life. After a long listing, you can understand that the community is not interested in the project.

In fact, the crypto currency market itself is speculative, many coins from the first hundred do not offer anything except ideas and big promises, the value of the token often depends on the names of the developer and the team, many want to repeat their path, so every day there are projects that are worthless.

I quite agree with your ideas, to many of the ico project does not be born the product now, as you said may be an idea, what kind of want to do, but in the end can be implemented, and the implementation is useful really, after all of these are unknown, so these new kinds of greater risk

i agree with this post , most of ico even do not pre plan their strategy , their main goal is to raise funds only .
even ico which have best team dont do proper planning .

There are more than 500.000 coins are now and a half of them are trash. I suppose someday the crypto market will fed up and investors will pay attention only on top-three coins.

Yes there are a bunch of altcoins that have no value for a longer time. It is due the developer stop to update the project which make the development stopped and the project. No real use product and bad marketing are the other things that mostly will make a project stuck.

That's the problem right now, and I'm worried about a lot of tokens if you hold them for a long time.
So maybe a year from now this token will disappear.

Yes, I agree with the author's opinion. There are actually many altcoins emerging in the market right now and it will be very hard to know if such ICO is legitimate and not a scam. Though this is just my second bounty campaign and I am not very skillful in choosing for a good signature bounty and my style of choosing a good ICO is to check the participants joining to such campaign if there are many high ranking members who had joined the campaign. Because of the many emerging ICO, I don't think many of these will survive longer since investors were now already being divided on their investment.

It is very tempting or many people to build new coins, but it is in our hands to avoid investing in projects that have nothing behind them. It our choice.

Yes, I agree with you and also believe that it is better to have a good product first and then, build a community to help it grow rather than speculating what the product will be.

that is a sad truth, there are lots of altcoins without directions, that is why there are lots of doubts and uncertainty occuring in the market. I believe we should make a move to battle this.

This is actually a fact. There are so many valueless coins in the market and this is because a lot of these coins weren't even made to withstand the market in the first place. They have always been scam, and were made for selfish reasons. I wish something could be done effectively to take these garbage coins out.

It is pretty normal, development of new projects can take years.
Look at startups, most of them are unsucessful, but some of them are very profitable in long term (5-10 years).

Every day at least 5 new coins come into the market and 4 of them are shit coin and you should stay away. Because they might disappear or they will not have any value in the future. They are here for the cash grab, so be careful what you are investing in and read the details, find out about the team.

Admitted to buying Altcoins is a very risky investment, too many Altcoins have been falling since the listing, and even fell thousands of times, which is almost equivalent to scamming your money.

Yea that is true. There are way too many altcoins out in the market now that have no value. Most of the altcoins that we have now are just coins that are made by greed people who are just looking for a way to make some quick money from cryptocurrencies. That is the reason why a lot of altcoins will end up dying out a couple of years from now anyway. Just a few will be left.

I completely agree with you. It is very important that the project and the team do not meet a few months ago and do not just decide to earn money and release a useless coin. It is very important that before the ICO the project already had something. So that they already developed something, had a certain number of users, then we can say that they are really interested in releasing a coin that will bear value.

The number of projects is growing every day, respectively, creating new tokens. When projects do not achieve their goal, their tokens are not in demand and fall in price, sometimes even to 0.

Yes there’s too many alternativecoins without value because there’s a lot of scammers that expert of pretending a good one coin or investments in this kind of business and industry.

now many scammers are taking advantage of the opportunities available in cryptocurrency, because cryptocurrency is now a lucrative investment place so many are choosing the investment here, so many scammers are appearing to create an ICO project and it is very difficult to distinguish from a good ICO, because they are caught deceiving at the end of their ICO sales.

I am very aware on that there are some Altcoins that have no value and given some of the projects are dead but still i saw some coins on Decentralized exchange whales are probably playing games with some of this coins.

I agree. I have a lot of tokens on my wallet that have no value, and they are likely never to be listed...

agree, and the except for currency-like use-cases, other use cases should try and maximise the benefits of blockchain (transparency, authenticity of transactions, smart contracts etc.) in its design

It is a quite normal situation because it is like a nature where stronger altcoin beat others. Thanks to these competitions the cryptomarket can develop.

Yes. I have an altcoins without value also not be listed in the market and because of that sometime we ask our selves that why so many coin listed already to the market but the payment to us are shitcoin which no value and it is can disapoint to us but, it's ok there is a lot of time and opportunity that maybe someday we can earn tokens that have a value.

Unfortunately, not all coins after the ICO remain on the market, because a lot of projects shortly after they enter the exchange their coins are not in demand!

You totally right, there are too many altcoins and most of them do not have any value, they were made only for fast many making and will be dead in year or so. Such things only do bad for crypto markets

The reality of the market is that most coins will be without value, either for them being scams or no demand at all, that's one of the risk of this game we're playing.


Mehdi

So far, everything looks bad, but the market can still recover and then we will see a rapid growth of altcoins.

This is really the truth about the ICOs and the new coins everyday. They are just all created for the purpose of selling it high. That is very bad.

Partially agrees with you. But some coins are created without the intention to enter the market. And it is very sad. It is hard to find good projects for investments or participation in bounty campaign. Maybe soon there will be a project that will effectively assist the promotion of good projects. Menlo.one can become like that.

I have an altcoin and after finishing the ICO they have no value, no one deals, they probably died, sorry to encounter such a coin.

well, theres some ico token that can't recover after bounty hunters dump huge amount of coins. and with the bear market for a few months ago. so many of them crash down to zero price

I completely agree with you, there can not be a lot of revolutionary new ideas, so most ICO's try to be clones of others, more successful. In addition, a large number of projects is a scam that severely damages the cryptocurrency industry. I think it would be better if we had only twenty interesting and expensive coins, then we would not be afraid of our money.

Currently in Korea we are seeing Reverse ICO concept like the existing business who have userbase in millions are trying to raise money in ICO and they want to introduce utility token which can reduce the cost of their operating expenditure, this way will give potential returns to investors unlike investing in project having only whitepaper.

I would like to invest in project having whitepaper onlyI if the team is too strong and had enough expertise to build the project as what they are promising.

I also believe that many altcoins have depreciated and are not trading, and their teams have run away throwing their projects. and I think that such altcoins should leave the market as unpromising.

how can we find out the way to fix this problem.... i could believe that ALT can change our life lol ...

Developers know that this area is new and still needs new projects. Some of them will crash. So normal in this world

The number of Altcoins will trend toward infinity. I feel like many of Altcoins dont have of a purpose.

There are many without value, true. But, I've seen many current projects really trying hard to actually deliver. Some with working prototypes, some with promising partnerships. I don't see that many 'obvious scams' anymore, even though with some of these projects you ask yourself why blockchain, to realize it is mainly 'because money' as they simply use it to get a lot of funding for their ideas or personal wishes.

Thanks, actually those ate the things i consider before participating in projects and investing in some alts to prevent losses and scams.

I don't think that's a problem. These altcoins give a chance to buy them and wait for the increase in volumes, which in turn will lead to an increase in our profits.

Yep, 90 % of all alts will die in several years...only the stongest with real use case in the world will succeed. Blockchain is not the solution for all world problems and theer are some parts that are problematic for its use, e.g. healthcare.

I agree with the fact there are way too many shill coins.  Hard to pour through all the data to make proper choices.  I assume this is how it is in the beginning of most technological advances.  This will all eventually shake out to only the best coins. 

In the past or the year before, all new altcoins carried a certain value they were something unique. And now the ICO was just a process of collecting money.

Actually there’s to may alternativecoins without value in the market
because of the hackers or scammers that spread out easily and just be reminded that be smart enough to prevent from them.

Yes, as long as there is a lot of room for cryptocurrencies that can be traded on the exchange, many cryptocurrencies are now scams. They don’t have good technology. They know how to swindle money, so when we invest, We must seriously analyze whether the projects we invest in have a good future.

I don't agree with this, they really have value. Do you only see short term? This is a long-term investment, so I think they will have future value. Let their teamwork to increase the value of their coins because this requires time and good performance.

The true essence of coins to be created is the intention,the service this can offer,originality and not copycat

Many newly created coins because there are too many scammers too that has doing this for just to victimized and then gone with the investors money.

Thisis how they play,and must be stopped

Yeah it's better to understand the real situation here in crypto world as you said the above mentioned a well grown token not raised by its hype will sustain in the market, if want to be a part of the success of this coin we must be observance and thoroughly examined its real characteristics.

Yes, there are a lot of ICOs in this market that are scams. They don’t have good technology. They just want to get more money from this market. So we must invest carefully when investing in cryptocurrencies, when you know enough about them. Time, then you can invest in them to prevent losing your money.

It seems like the new coins come in batches--I think when someone comes out with an authentically good idea, they are copycatted by about 10-100 other coins. Sometimes it is more or less specific things. For example, we've gone through a number of "fads": masternode coins, PoS coins, privacy coins, high ROI coins, tiered masternodes. And then there's the "gotta have it" features, like governance, a DEX... or one of the more recent ones, a masternode hosting service.


I completely agree. I've seen a number of whitepapers touting unachievable goals / milestones. Often they use a bunch of catchphrases to make their ideas seem believable, like "smart algorithms", "AI", and "Deep Learning", without explaining how these technologies actually solve the problem they are addressing. For example, there is a token called Swachhcoin that is claiming that they will solve the world's trash problem. I addressed some of the issues with Swachhcoin in more detail in this post for those of you who are interested: https://bitcointalk.org/index.php?topic=4708682.msg42745476#msg42745476 (https://bitcointalk.org/index.php?topic=4708682.msg42745476#msg42745476)

Yap, because creating token/coin is simple developer without idea just copy previous code on their own coin/token, they hope to get easy money from this thing, the result is the coin/token become value-less

There are definitely too many options at the moment, and most of them don't even offer that much of an innovative idea, making the projects that are really promising get buried on them, at the same time, making it difficult for legit investors to spend their money on them to grow.

Digital currencies consistently consist of new subcoins. the market is already experiencing a bear season and investors are not investing. these negative situations make subcoins worthless.

Today a new altcoins weakly attract investors, because of the delicious offers from the giants of this market. Wait a bit and even on the most rotten asset you will see unprecedented volumes.

It is normal, crypto has no real use and that is why it has no value. After cryptocurrencies will be more accepted and used we can talk about real value.

This is a problem that is a reality with cryptocurrencies right now because I was using the crypto price tracking not to check the value of crypto assets over the past month and only a few are able to have a positive value change. The rest are below ICO price.

I agree with you. The value of crypto is backed up by us, the users and if the coin delivers no product then it just becomes useless and that seems to account for a large proportion of all cryptocurrencies.

You're right. For My opinion most of them just trying to get some funds but they can't continue they project. Maybe because they're scammer most of them atm.

Perhaps this can happen because a lot of unrealistic projects have happened here. Not to mention a lot of undeveloped projects because of its usefulness in the community and let it die. It is really bad to understand how this affects the entire crypto community and this can cause a loss of confidence on the part of investors.

With new altcoins popping up everyday, it only makes sense that the large majority of htem have no value or real world usage.  There are only a few which serve a purpose, and those are the ones who we've been seeing climb to the top of coinmarketcap.

"Many good assets are not popular on a particular stock exchange, but this does not mean that they should be disposed of, it only suggests that there sits a completely different audience."

There are definitely too many projects without any real purpose and real value. Myself, I look for the long-term vision, value and viability, especially in the financial blockchain area that has huge potential to transform global finance. In this area, I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...

My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io (http://argentas.io).

The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalk.org/index.php?topic=4431900.0 (https://bitcointalk.org/index.php?topic=4431900.0). I dug really deep in their content, and it is really cool stuff ;D But don’t forget your own research!

As long as a coin or token has a value e.g. as a utility token on a platform it will also always have a certain value as long as the platform itself performs (likely a positive correlation). As soon as the market cap of crypto rises again, we'll see an increase in demand.

Sometimes the dev teams just abandoned their project right after they successfully collecting funds, do not care about the roadmap, programs, listing and many more.. When those things happens, what can you expect from their coins?? When the projects dead, soon their coins will also follows

Of course, there are worthy altcoins, such as Ethereum, EOS or Cardano, which provided solutions for business, allowing it to automate and make it standalone. But innovative technologies that expand the capabilities of the block, are not always used for these purposes and, by and large, are overrated.

Yes, they are results of scammes ICO.
Your task is identifying good coin to invest in.

I call it token or coin ash where they are made but do not have good sales value, in my wallet there are some tokens or coins from the airdrop and this is  waste time

in my opinion, coin without value is made without careful consideration of dev and team, they only try their luck by making the coin, if it is successful and skyrocketed then they will make a big profit

We will never know when a coin that initially has no value will start could be or have a high price. Indeed initially look like junk coins but somehow could evolve or not necessarily is also difficult. This indeed provides enough confusion, but at least the existence of many altcoins that there are also adding to the bustling markets and it was pretty good for the trade.

Yes, unfortunately it is true. But we also have enough strong alternative cryptocurrencies which could save the situation and continue cryptomarket's increasing.

Maybe it doesn't attract an investor to buy the altcoins. I agree, I think now too many trash coins or coins without market.

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And what is the problem? The volume reflects the interest of people to a particular asset, as well as its liquidity.

there where too many alts 5 years ago, now its just gone full retard  :o

It's getting really out of hand most of them are just white elephant projects or outright clone or imitation of existing projects then there are those which are scams
One has to do proper research before thinking of investing or getting associated with them

Some of thus altcoins before is a good projects at first but in the long run due to lack of development and support from the crowd then its decreasing its value or totally gone, or maybe the team has a plan to leave the project because they already have the funds. I think blockchain developer has to do something to clean up thus zero value altcoins.

Yea that is valid. There are much too numerous altcoins out in the market now that have no esteem. The majority of the altcoins that we have now are simply coins that are made by ravenousness individuals who are simply searching for an approach to profit from cryptographic forms of money. That is the motivation behind why a considerable measure of altcoins will wind up vanishing quite a while from now at any rate. Only a couple will be cleared out.

Honestly you have a very good point here. The coins are without value and the quantity one even receives is not encouraging. it makes the whole thing even more useless that lest say the coin will be in the market the next day or more, you will see coins amounting to just one US Dollar. it is like some people are just copying what others are doing and go ahead to do it without consulting the original owner and because of this such coin becomes uselss, because of this the no tangible direction.

Yes many new coins are scammers and initially lose in price.many older coins are also depreciated. but people do not work with such coins.

Yes in the future may crypto currency Will be more accepted but not all altcoin have potential to increase it's value, most of altcoin can't survive and just a few altcoin Will survive and have a good value in the future. Need good team and work hard to make a good altcoin.

This is the reason why a reputation of the who are the people behind that coin is very important, this is a guarantee that the people that are going to work on the platform are people who are experts in their field and can make the roadmap attainable, they have a good marketing strategy and had a good communications to the community.

I have equally been surprised by the proliferation of half baked projects, mostly those who have absolutely no value and often times out there to swindle the gullible. A lot of projects have sprung up in the last couple of months taking advantage of the unregulated crypto space to defraud innocent investors. The sad part is, most of these projects have nothing to offer, I mean no value whatsoever. It is a worrying trend.

I think most people wanted to be part of the cryptocurrency boom experienced in the last years, which only led to the the market being overcrowded by cryptos without any real use, they are created just for profits in the market.

Yea that is valid. There are far too numerous altcoins out in the market now that have no esteem. The greater part of the altcoins that we have now are simply coins that are made by insatiability individuals who are simply searching for an approach to profit from digital forms of money. That is the motivation behind why a ton of altcoins will wind up ceasing to exist two or quite a while from now in any case. Only a couple will be cleared out.

There are many projects with whitepaper is written particularly, but it's scams. I think a person who is really serious to invest, he will collect information about the team, project or anything revelant as much as posible.

Of all the altcoins existed only ten percent are considered successful and still doing good until now, while others are proven as a scam or vanished after gathering funds to investors. Most of them doesnt have any value. But i dont think we can erase them from the list because they are already existed.

Its countless of these projects that became failure in the process of ICO up to the developement of the product.. If not failure ..there just purely scams..project were made to fool and take peoples money during ICO.. So even the project coin completed the ICO ..they just run away peoples money.. Its so important to make a constant monitoring, research on the coin before putting your hard earn savings to nothing... Ive heard there are projects who just conducted airdrops or bounties just to collect peoples personal infomation...its a dangerous fraud scheme using crypto as a cover up ...

To be frank, i think that a lot of high-priced coins are also worthless. I can't figure out why they have such high value. Just as there are a lot of new coins born every day, but most of them are for the sake of money.

Yes currently we have a lot or too many altcoin at the present time at the same ICO is also too many and some of altcoins doesnt have any value and i think the reason for that sometimes those altcoin doesnt having a value is because they are too delayed about the exchange dates or their project is still on presale stage and the ICO is still on TBD and for some other reason some projects need some funding thats why there are altcoins that take too long or taking a lot of time before having its own value and sometimes those altcoins without value are clones or just coming from some airdrops but in my situation im keeping those altcoin because i dont know what will happen if sooner or later maybe those altcoin will have a value in an instant and even smallest profit i will still accept it.

The cryptographic market is free, non-governmental so the researcher marketed an Altcoin will not have a management, testing so quality will decide the value of the Altcoin ... On the other hand Many shadows will break down and the Altcoins lose value as often happens.

yes there are too many ICOs and too many coins made that don't have significant value. They all try to emulate what bitcoin has achieved but bitcoin has taken the time to get the current position and market dominance.

And there is not problem of them. They make other altcoins stronger and investors and just other members of the cryptomarket have a great amount of coices for investing.

The ICO market is a free and open market which has no barrier of entry for new projects and platforms. In  a case like this, there are always going to be projects which will try to take advantage of the system by providing low quality platforms and services at the Expense of their investors.
When this happens on a large scale like it currently does in the crypto world, there are going to be a lot of duds and bad projects floating bad cryptocurrencies.
This in turn leads to thousands of shitcoins which value are worthless.

Not really, altcoins have their own values and I believe that. Even though the price of altcoins is very far compared to bitcoin, but with its current value I really appreciate it.

Most coins don't have any value long-term since only a few will get mass adoption.

It doesn't mean there's no value in the creation of such high numbers of alt coins.

It is true that many coins are on the market with different value. Our task as investors is to find
the most valuable ones . Some projects fail because lack of working product or team experience
or they simply run out of funds and many other reasons.

Each coin has got its own value as mentioned above, but when there is a market blow these altcoins suffer big தான் the top listed altcoins. Users who were good enough with trading make use of it holding large volume, because these assets used to pump in a large scale at times.

Actually, there are many altcoins not worth, this has a small impact on the market at the present time. So I hope 2019 will have a purge of the altcoins and only the potential altcoins will exist. If so, the market in 2019 will be very potential. Hopefully, the non-potential altcoins will be deindexed off the market.

Unfortunately, we can't do anything about it. All the same, there will be projects that will then be useless. We can only carefully analyze and invest only in what is really interesting and can be useful.

many new altcoins who often sprung up. Surely this that makes a lot of competition in altcoin. for those who cannot survive will certainly have no value or even lose their value. the good will be able to dominate the market conditions. indeed every new altcoin instead of a guarantee will be able to achieve good results.

we don't have to choose the altcoin that doesn't give any value and we can find these coin by making research about each coin in the market. I am sure that there will be many other potential altcoins that we can select and we can make a profit from the coin. but yes, I think it will be difficult to find which coin that will profitable and which is not profitable.

Yes, there are too many altcoins of little or no values in the crypto market these days. These altcoins are always found most especially in airdrops and in some bounties. Some ico projects are not fake. I think the way out of this is to go through any bounty whitepaper before go into it.

This is mainly related to bounty tokens, among them there are many such that either do not get on the exchanges or worth nearly nothing.

There are many people who are looking at the dark side, why they just focus on coins with value and will have better value in the future?
People are people they just want to have they own life to be better and will ruin anyone else for the sake of themselve.
TRY TO LOOK to CRYPTO COINS AND TOKEN who have value and not those who are left nothing, we dont know that might one of that no value token will have more than a thousand bucks in years.


The common value of alternative cryptocurrencies is decreasing faster and faster and I suppose that we have to kill a large part of them to make cryptomarket more clear.

Yes there are so many altcoin coming into the cryptocurrency world some are great some are average andany are just not worth it I think there should be an initial coin offering icos regulatory board that give a standard to which a coin can enter an ico

Lots of coins claim to be the new one to replace bitcoin but it turns out that they have all failed to achieve that goal. They should try something else with a different target audience, just like dogecoin did and they succeeded with their aims despite being a joke coin

Yes there are way too many of them. A lot of the altcoins that we have now in the market are worth nothing and the only thing that are still keeping them alive is because of the people who trade in altcoins, without them , most of these altcoins would have gone back to zero at this point. It is better to do research into a coin before deciding to buy into it.

The number of projects is growing every day, respectively, creating new tokens. When projects do not achieve their goal, their tokens are not in demand and fall in price, sometimes even to 0.

Yes there’s too many another currency without value because there’s a lot of scammers that expert of pretending a good one coin or investments in this kind of business and industry.

Many coins do not really have value since many want to earn easy money on it creation. The whole market is mired in shit this is not what Satoshi Nakamoto dreamed of.

There is definitely a lack of innovation lately in the market and that is probably the one causing the whole market to drop the way it has been doing.

That's make everything. Altcoins should be value very much and most of them right now are experiencing the -95% of decline since ATH
i'm pretty sure some are dead projects and they will have value on bull market.. The cycle keeps repeating.

Indeed, it seems to me that the number of cryptocurrencies and tokens that exist today is too small compared to the great potential that the market still has and the myriad of products and services that can still be integrated into this emerging market, so that we should not be surprised to see a much larger number in the near future.

This is the reason why Ethereum can't easy to recover, because there is so many Scam ICO Altcoin base on Ethereum.

Its true that too many altcoin in market. There is more than 1900 different coin and token in market and for investor its hard to make investment choice because many coin or token have similiar project with different total supply.

Indeed, they are not having value because they just created the coin without a real project planning and execution.
Another thing to consider is the marketing strategy of the coins.
If they have enough funds to do some good marketing activities, then their coin will have value even there still no product.

Many creators have created altcoins and tried their luck in the crypto world. Altcoin that has unique and powerful technology, that's an altcoin that will be able to compete with other altcoins. If a new altcoin that is born does not have its own privileges, then it will be destroyed over time.

Those altcoins that has no value are those coins that was just starting their campaign for that crypto they implemented. I believe that every crypto has their own value but at the moment it is hard to justify the true value of altcoins because of the current situation of the market and I bet that it has a huge impact to the value of the coins too.

it is true. and actually it is a very good thing for the ecosystem. because we all know that most of the projects that based on blockchain are scam. that is why they become crap and shit coins after a while. so it means that people are aware of those scams.

My dear, what you say is so true. A lot of coins without future. Wish things will just be different as the developers of these coins will do things differently.

Thanks for sharing.

I also believe that the amount of existing cryptocurrencies seems excessive in view of how small the market is still, but we must take into account that this is to be expected in an open market like this, where anyone interested in benefiting from the expected crypto boom can aspire to take a slice of the pie, however, since many of the recently launched projects never had a viable idea and only arose for purely speculative purposes, it is difficult for them to survive the hard blows of the current market, which will only be willing to give life to viable and reliable projects.

Yes i agree with you cause there is a lot of Altcoin who copy the old coin feature and some of them is scamming too. Beside that a lot of coin only focus for exchanger and after listing in exchanger they not focus on their product and it make the coin slowly die.

Utility token is the next big thing compared to many dead useless shitcoins and it is much better to create product or services first than creating useless coin. Utility token is paired with ITo (initial token offering) which is the cunter part of ico. Scammers can easily create shitcoins with no value at all but creating winning product and services is what makes the utility token more credible.

Well, when we observe the market there are really many altcoins and shitcoin. It becomes no value because of no improvement in their project. So for us not to get lose when we invest let us search first before we put money in crypto.

In order to see more value in the altcoin world, I think we're going to have to wait to see some truly useful utility coins come out and get some decent market adoption to bring some interest back into the sphere. Once that happens, we might start to see some traction in the price of the useful coins.