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Title: 99% of all projects is worthless and not worth a cent. What do you think? Post by: oapieNL on August 15, 2018, 05:19:21 AM 99% of all ico and existing projects is worthless and not worth a cent. what's your opinion?
I thought about it a year ago. For the period that the ico projects came out of the ground and poloniax and bittrex were the largest exchanges. Then in many tokens I saw something of value that stood on exchanges. Nowadays I have completely changed my mind and have looked at things in a different way. To start with recent projects and icos that are ready: After all those hundreds of new tokens that have come in at this time, I think completely different. This has come about because everything about huge amounts of money can be seen from ico startups. Here I am not talking about scam icos but reliable ico projects. 99% are just thieves. Projects with high ico tokens price that no one can make a profit. except the founders. Huge amounts of money of tens of millions are sometimes collected per project. What makes me worse is that Almost all ico projects lie enormously about the development costs of setting up a project. That all money (10 million) for example is used for the application to make and additional matters. What nonsense. If I started a normal company that has nothing to do with crypto, you can set up a very nice kourier, painters, construction company or shop with $ 500,000. With this IT related crypto shit projects do as if they still have too little 5 to 10 million dollars budget. while you can start a business for 1000 euros. Laptop, software and in your own living room. 70% of all app or platform projects cost the software almost nothing to a few thousand to build, 2000x less if there is collected in the ico. Say development costs of $ 5000. What I can say even better is: 99% of all projects cost a maximum of 1 million dollars to pay everything in the first year such as software, salary team, office rent, marketing plus other costs together to develop a project. Then dare to say that for example they do not have enough money to have a good exchange, for example. Almost all projects build everything for a minimal amount. lf it is finished, their 9 million are in their pocket for private investments. not only the 9 million but also often 30 percent of all tokens of their project. At this moment you have 99% of all altcoins which is junk. You may, for example, have tokens of a certain project, but can you also do something with those tokens, so that you can get rich with those tokens? Some projects may be good, but what do these tokens add to their value? Can not you do something with a particular project if you do not own their tokens? Ethereum tokens can increase the value, for example, because you can use it for example for ico investments. Bitcoin has value because it is the bentley of the crypto coins. Many projects offer nothing special that contrasts with a value. Virtually all projects are worthless because they do not add anything. With the cryptocrash last months, people are fortunate to see a true value of many projects. useless projects. Fortunately, there are also a number of unique projects that do add something. Unique projects I mean something that others do not have. Paymon.org (http://Paymon.org), for example, is a unique and reliable project. With a very active devteam. This project comes with solutions that people scream for. A replacement that can replace fiat money. Payments without transaction costs, transaction speeds unlimited per second, passes to pay everywhere with crypto. Project that focuses entirely on personal payments with their own developed DAG blockchain HIVE. A project where you already have the blockchain and you can even test the blockchain for free how fast it is. Also have a working android and ios app and web platform with a messenger function built in with which you can chat. . This project is very far below the radar, that is because the team wants to deliver a product in a few months that is ready for marketing. This project gives your coins a real value. All those dozens of Dapp projects, wallet projects, securety projects are in my eyes worthless in the future and it does not add anything to your token value How do you think about this? Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Chesterjems on August 15, 2018, 12:13:02 PM I agree here, the amount of worthless projects is growing day by day and investors are tired of searching profitable ones there, it is a big problem.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: odessit1377 on August 15, 2018, 12:16:14 PM Many projects do not make sense, but most importantly, they can not have a real product, that is they are meaningless! But there are very interesting ones, which show all the hopes, as a rule, they come out with the original product and simply collect it for its development.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: ElenaN on August 15, 2018, 12:22:20 PM It seems to me that 99% is too exaggerated figure, yes I agree that there are a lot of useless projects, but not so much!
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: fantasticX5 on August 15, 2018, 12:33:07 PM I will not agree with this data... Too much bias for a 99% of those altcoins. A failure of any project is not a failure of the whole. I you failed to choose a good project then I think that's your problem. Many good projects that has finished recently but affected with the bad market conditions.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: tomahawk9 on August 15, 2018, 12:49:55 PM I wouldn't say 99%, but maybe the 85%-90% of the coins/projects are nothing more than vaporware. Let's talk about the projects listed on Coinmarketcap, if we take the 1835 coins that are currently in the market, 90% would be around 1652 coins that IMO are just garbage money-grabbing projects with inflated numbers that don't offer nothing new.
Then we'll be left with almost 200 coins wich are legit projects, some of those coins have actual real-world use cases, some other projects offer innovation and have a promising future should they get enough funds. Unfortunately, we've reach the point where none of that matters, nobody cares about the tech anymore, it's all about making money. And honestly, why would people care about the tech when they're just looking to make some quick bucks off a project which is may or may not raise in value? It's a dynamic that goes like this: invest in X or Y coin/token (invest? more like gamble your money) - wait for the price to go up (somehow the value of these shitty projects always goes up) - dump it all once it reaches a certain price - move on to the next one. It's a vicious cycle, and it doesn't look like it will stop anytime soon as the cryptocurrency market has proven to be a very profitable market. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: iconoclast on August 15, 2018, 12:51:05 PM I think you overestimate the number of projects that are worthless and underestimate and cost of running a business based on blockchain technology.
I do however agree with your criticism that some projects have raised much more money than they actually need to fulfill the project. From looking at the current market for ICO's the kinds of garbage projects that were raising money 9 months ago are no longer getting funded as the fall in crypto prices has driven out a lot of the stupid money that entered the market last year. Good projects however are still not having trouble raising money. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: OutCloud on August 15, 2018, 12:56:04 PM Well it is not like 99% coz there are still a lot of projects with working product! You just have to be vigilant on choosing in every project you want to invest to. If you have time you can look on our project. Here is our website
https://outofthecloud.io . we already have a working product and our product is live since 2012! Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: MountainConqueror on August 15, 2018, 12:56:57 PM Not a 99%, about 50% I guess. Some projects just doesn't collect enough money to go on with developing.
Lot of gambling and gaming projects and, yes, they're 99% total trash. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: btcluisdiki on August 15, 2018, 01:01:05 PM I think it's not 99% of the new ICO's are meaningless as what was being claimed on this thread. I believe that there are still many ICO's and alts that are good and promising coins. However, there were also many scam ICO's that are in the market with a no clear project platform and what interest them is only to gain during token sale and later leave without giving a reward payout to the bounty hunters.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: kevoh on August 15, 2018, 01:16:46 PM Don't bother reading the long article, just skip to the 15th paragraph which the main subject is about introducing and advertising another new project that is
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: oapieNL on August 15, 2018, 01:18:26 PM especially ico prices are much too high. An ico investor is hardly rewarded nowadays. Bounty airdrop rewards are paid out too quickly for example, so the prices quickly fall below the ico price and there is no room for a healthy price. bounty and airdrop tokens should in my opinion only be paid after 6 months to protect ico investors.
Ico startups also have to store their collected money in a wallet. many ico projects, in my opinion, also buy tokens in their own ico from their collected ethereum, so you can not check if everything is sold fairly. You also have good projects but they do not need tokens at all. With 99% i not mean only the 1800 coins on CMC, but included the few 1000 coins what not is listed on CMC Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: bezygly on August 15, 2018, 01:31:02 PM I think everyone understands that there is a lot of deceit here, but this is a crypto currency, decentralization, lack of control and a third person, and everything is still in its infancy. If you are so embarrassed by this situation, come here in 5 years, perhaps by this time of deception there will be much less.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: lifesgood10 on August 15, 2018, 01:32:31 PM 99% is hyperbolic and not true
Maybe 40% projects are terrible without proper continuation of work Do ensure to figure out before investing That’s all that matters Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: vallydelly on August 17, 2018, 11:07:43 PM Well the market is been driven by demand and supply and if the demand for tokens were so high then it is mostly likely that the prices will go up so high, so back in 2017 there was a high demand because a lot investors were coming into the space and investing on these coins, coming to this, there is less demand and and people are now selling off, much investors are not coming in, new investors comes in when there are a lot of FOMO about crypto currency.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: alimarh on August 17, 2018, 11:55:43 PM Well the market is been driven by demand and supply and if the demand for tokens were so high then it is mostly likely that the prices will go up so high, so back in 2017 there was a high demand because a lot investors were coming into the space and investing on these coins, coming to this, there is less demand and and people are now selling off, much investors are not coming in, new investors comes in when there are a lot of FOMO about crypto currency. Well said, I think I will have to agree with you, no matter how useless or worthless something might be, if it is been priced so high then it will be sold at that high price, so the price of coins is not determined by the exchanges rather it is determined by the people buying and how much they are willing to buy. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: torreun on August 18, 2018, 01:12:27 AM First of all, we must understand that there is no value in judging whether a project has value. Whether a project has a real product or not does not represent the overall failure. You have not chosen a good project. Your own problem. I disagree with this. Point of view, some projects are worthless, but you say that 99% is too exaggerated.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Awoben on August 18, 2018, 01:25:15 AM especially ico prices are much too high. An ico investor is hardly rewarded nowadays. Bounty airdrop rewards are paid out too quickly for example, so the prices quickly fall below the ico price and there is no room for a healthy price. bounty and airdrop tokens should in my opinion only be paid after 6 months to protect ico investors. Even at this 99% claim without facts is not true. Truth be told we have mainly worthless coin, because most focus on making profit rather than embracing to use case of the token or coins. Ico startups also have to store their collected money in a wallet. many ico projects, in my opinion, also buy tokens in their own ico from their collected ethereum, so you can not check if everything is sold fairly. You also have good projects but they do not need tokens at all. With 99% i not mean only the 1800 coins on CMC, but included the few 1000 coins what not is listed on CMC It's high time we start focusing on use cases and how to make projects get acceptability. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Sylvial on August 18, 2018, 01:37:59 AM I think 99% is grossly exaggerated. That being said a lot of projects are scams without any intentions to continue work on the project after fleecing people of their money from ICO. This is why important to research various ICOs before committing time and resources to them.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: oapieNL on August 18, 2018, 05:27:33 AM Even at this 99% claim without facts is not true. Truth be told we have mainly worthless coin, because most focus on making profit rather than embracing to use case of the token or coins. It's high time we start focusing on use cases and how to make projects get acceptability. Of course everyone wants to make a profit, That's just the way it is. I want that, you want that, everyone wants that. That is the most important thing, the profit. You can put $ 100,000 in an ico and then embrace the project and do not start focusing on the profit. When the project is ready for 2 years, your $ 100,000 investment is worth only $ 100. Defs are not awake, they have your $ 100000 investment right after the ico converted to 12 bitcoin. They have been able to make that $ 100,000 20x in bitcoin in those 2 years. They simply have no intrinsic value. They do not add anything to the project. That's why I say 99 percent is just worthless. A Project is not at risk if everyone dumps everything after an ico Ok here some facts. 111089 contracts have already been created with ethereum. In total there have been more than 3000 ico's. I now just calculate just what is in the ico archive on this website. This website has a total of 1957 ico sales in the archive. www.icodata.io/ICO Total 1975 icos sales 47 icos is return 3x Of these 47 icos there are only 22 icos with a more than x10 return 22 of that 1975 = 99% Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Herbert2020 on August 18, 2018, 05:39:18 AM that is mainly what i have been saying for a very long time.
the altcoin market is filled with a lot of useless tokens that are only used inside exchanges by speculators to make money and nothing else. and since creation of a new coin is easy and creation of a new ICO token is even easier we keep seeing lots and lots of them being created for pump and dump purposes. and useless tokens like Ether benefit from this situation and increase their price as the ICO hype increases. as for the project you just advertised here, i don't see any difference between it and the rest of them to be honest. it is just another "nice words and promises" because it is new and will end up like the rest! Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: xuan87 on August 18, 2018, 05:55:21 AM I agree, the market now is full of useless coin, the main reasons is everyone keep on adding new coin, hoping that they can make easy profit, and the investors of the coin is doing buy dump, abandon, it makes the useless coin stacking on the market, and when the coin already being abandon the team developers prefer to create new coin, so we got tons of coins with almost zero value
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: itasannah on August 18, 2018, 06:49:11 AM actually, we can't say that there is a lot of ico that scams. we know that we can still get the legit ico. i know that it really requires a good understanding in choosing ico. but certainly, if we can choose ico well and be more careful then we will get the legit ico. therefore we will get the satisfying results.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: timmmers on August 18, 2018, 06:51:04 AM In bear market probably 99% of all past ICOs are worthless because people are selling these tokens and buying more safe coins like Bitcoin and Ethereum, but in bull run, they will sell these big coins and invest into ICOs which provide some progress.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: BitcoinHodler on August 18, 2018, 07:00:08 AM eventually everyone will come to this simple realization.
you can always hide the fact that altcoins are pump and dumps for so long before newbies gain experience and stop falling for their tricks. last year brought in a lot of newbies who thought altcoins were all going to be as big a bitcoin so they started investing in them and that created the illusion that they may be right. but as this year started and they got dumped they figured out the reality and now everyone like OP is starting to realize all of them are worthless. it is like a cycle that we keep seeing every year or 2 years at most in the altcoin market. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Siren on August 18, 2018, 07:10:07 AM I respect you position about the ico project either those running and those ended but i don't think the 99% are worthless and not deserving to be invested because i have been an ico investor too and all i can say is 8-9 out of 10 are scammers and worthless but not 99% because thats a huge count
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: rdewilde on August 18, 2018, 07:12:33 AM Not really 99%. According to my research in the top 100 coin in the coinmarket. There are about 65% of projects that operate without a minimum product. This is alarming for the crypto market in the near future. If there are still no products then the coin will probably die
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: fiorilia on August 18, 2018, 07:23:58 AM though indeed many scams I don't think it will be that much a scam going on. still many projects or ICO have good potential for investment. This certainly will rely on analysis to be made in the selection of the project so that it can generate the appropriate values of hope, too.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: kevincandra on August 18, 2018, 07:39:17 AM with the reviews that you say I don't really believe completely. there are many ico projects that succeed and fail because the market is not currently supportive and I am still learning to participate in projects but I don't think like you but I'm still sure there are some good projects and I don't believe 99% of projects are really worthless .
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: fabuloveu on August 18, 2018, 07:55:26 AM Do you say 99%! No i disagree. Although the industry is full of shitcoin and shit project. The good news is that there are still few very good project that raise fund successfully and they are doing well with the development of the project. As for over estimating project funds, I will say most of them do raise more fund than they need for the development of the project and i dont have problem with that in as much they will make use of the fund to better enhance the success of the project.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: The Cryptovator on August 18, 2018, 08:05:00 AM ~~ Agree with you. Recently many ICO project scammed people. So now investors are not encourage to invest on ICO project. Most of ICO just buy a template for website and use fake team from over internet. I was caught some ICO with fake team and they scammed people. Few project even can't reach soft cap. Although few ICO project raised fund successfully and listed on exchange. But unfortunately maximum token drop price from ICO price. In that case people are getting same indirectly. I think it's better stay away from ICO now. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: sinachy on August 18, 2018, 11:40:01 AM I agree with your point, most times when i see the ICO hard cap about how much they are looking to raise, it makes me to wonder, most them have a hard cap of 12 - 50M or even higher and I start to wonder what they are really doing with all that money, someone told me that they use it for exchange listing and paying for partnerships, I don't know how true is that?
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: ndico on August 18, 2018, 09:11:41 PM I won't agree with you on that percentage because there are still a lot of good projects around, though most project are not really worth it but there are some project that really worth it.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Diced90 on August 18, 2018, 09:14:38 PM Yes, most of the projects are not going to succeed and that's a fact but there will be ones which do and they will rule the crypto world.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: cryptobae10 on August 18, 2018, 09:22:02 PM This assessment is wrong
virtually there are bad and worthless projects But those are only less than 10% worthless projects across the crypto world All you need to do is stop participating in fraudulent projects and stay safe Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: vladaziya4 on August 18, 2018, 09:22:36 PM At any time, you can sell, but since the market is now high, it is certainly best to sell now, because it is possible to decline, but it is not ruled out. :) ;) ;D ;D ;D Yes, you correctly noticed, now just a space take-off of crypto-currency and this is a very good indicator of our time. ;)
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: cabron on August 18, 2018, 09:24:12 PM Yes, most of the projects are not going to succeed and that's a fact but there will be ones which do and they will rule the crypto world. A lot will succeed if the team will just be a diligent as how they do when they were doing ICO. TEAMs are always present and hardworking when they are in the ICO phase of the project but after they got the money, they suddenly start slacky. That's when the terrible things can happen when investors lose trust. If they are jsut as how they were from the start and starts developing the project, they will succeed. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: AMdemzzy072 on August 18, 2018, 09:30:04 PM 70% of all projects are scam, and about 20% of them are worthless and would only give you a penny while the rest are the real projects that can give you what you really work for.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: oapieNL on August 18, 2018, 11:53:28 PM I have now discovered a new worthless ico startup. this project appeared in the adds ads on CMC.
This project: www.ubex.com I have not read anything at all on the website what kind of project this is. Only the pictures of the members of the team I know enough where this project ends after the ico. Check those photos of all persons in the team tab. This is just laughable what these pictures look like. Check all those other pictures below and more on the webbsite. In any case, they are not good at Photoshop. All photos have been photoshopped very bad. They all look like a wojak meme. ;D ;D This model head is so unrealistic. You can only get this model head if your parents have pushed your head under the wheels of the train as a small baby ;D https://s8.postimg.cc/d0egc6kat/1523240745893.jpghttps://s8.postimg.cc/y3odk04c5/zoukg.jpg This model head is also totally non-symmetrical They have stuck a bunch of nephaar on it. The eyes are turned upside down in his head It seems that his chin, mouth, nose, eyes are stuck on the picture. https://s8.postimg.cc/aj2p4wsol/image.jpghttps://s8.postimg.cc/womsvd39x/rrrr.jpg That left eye is much larger than the other eye. https://s8.postimg.cc/3sm7vesn9/hhh.pnghttps://s8.postimg.cc/gewms62t1/iiiii.jpg Here is just a completely new face stuck on ;D https://s8.postimg.cc/wv0hy9p7p/yyyy.jpghttps://s8.postimg.cc/9r015t3xx/ttt.jpg Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: dsc on August 19, 2018, 12:29:46 AM Most tokens are worthless because the project creators have no idea how to run a proper market.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: UnlimitedMoneymaker on August 19, 2018, 12:39:53 AM I hope it's more than 1% that are the good projects but mostly you are right. Most ICOs was being made only for quick cash. And huge cost of services for ICOs is good marker for this. It was overpriced, and it's still probably overpriced right now. Bitcoin can make 80-90% correction in my opinion, but altcoins can have 95-99% losses. But also they can pump a lot from the bottom.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: oapieNL on August 19, 2018, 04:28:22 AM Besides bitcoin, I find projects interesting where you are rewarded for hodling. With divident you build up extra income every day.
NEO for example. A year and a half ago I bought 1250 antshares for rebranding to NEO. Around $ 1.60 and $ 2.10 each I paid. I still have all this NEO untouched in my wallet and have looked at it again. Because I get an x number of GAS paid per week. BNB binance coin is also a good investment. On the exchange, for example, you can trade much cheaper if you use BNBfee. Also by binance every one BNB party is destroyed by a burn so the supply gets smaller. Projects that hold an ICO to, for example, build a webshops where you can pay with cryptocurrency. Do not have to keep an ico at all. For example, they raise $ 5,000,000 million with a ico and give you worthless coins in return. They have earned $ 4,995,000 and will never have to work in their lives again. For less than $ 5000, they are just done with your project. There are also many people who themselves feel sorry for the developers because everyone has dumped the tokens and because of this the project has not been given a chance. In reality, the developers dump their 25% of total tokens to make a deathcoin. Who would rather not have that quickly earned $ 4.995.000 and enjoy a luxurious life for the rest of their lives, then also have to be busy with a stupid web shop. All these types of projects do you have tokens that are simply worthless. and they also do not need an ico to start a webshop. If some are still not convinced, I'll show you how cheap you can make everything. Buy here for $600 a ready-made android template of the webshop app. http://www.templatestheme.com/product/ecommerce-android-app/ (http://www.templatestheme.com/product/ecommerce-android-app/) Buy here for $52 the web template http://www.templatestheme.com/product/e-commerce-html-fashion-web-templates/ (http://www.templatestheme.com/product/e-commerce-html-fashion-web-templates/) Buy here for $ 450 de webshop http://www.templatestheme.com/product/ecommerce-fashion-website/ This is how cheap they can buy and build a complete webshop. Not only ecommerce projects. But everything can be downloaded without difficulty. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: vallytech on August 19, 2018, 11:15:28 AM Even at this 99% claim without facts is not true. Truth be told we have mainly worthless coin, because most focus on making profit rather than embracing to use case of the token or coins. It's high time we start focusing on use cases and how to make projects get acceptability. Of course everyone wants to make a profit, That's just the way it is. I want that, you want that, everyone wants that. That is the most important thing, the profit. You can put $ 100,000 in an ico and then embrace the project and do not start focusing on the profit. When the project is ready for 2 years, your $ 100,000 investment is worth only $ 100. Defs are not awake, they have your $ 100000 investment right after the ico converted to 12 bitcoin. They have been able to make that $ 100,000 20x in bitcoin in those 2 years. They simply have no intrinsic value. They do not add anything to the project. That's why I say 99 percent is just worthless. A Project is not at risk if everyone dumps everything after an ico Ok here some facts. 111089 contracts have already been created with ethereum. In total there have been more than 3000 ico's. I now just calculate just what is in the ico archive on this website. This website has a total of 1957 ico sales in the archive. www.icodata.io/ICO Total 1975 icos sales 47 icos is return 3x Of these 47 icos there are only 22 icos with a more than x10 return 22 of that 1975 = 99% I always like when people present there fact to back up their findings or claims, after seeing your source of data and your analysis, I agree with you on the above statement about ICO's and this more reason why a lot of people always dump when they invest in an ICO Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Dean_Jue on August 19, 2018, 11:17:02 AM Not 99%, but let's say 80. There are a few ICOs at the end of the day who are able to outperform the other counterparts and able to sustain value on the crypto market. But yeah, only 20% of ICOs are worth something.
Otherwise the remaining are worthless. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Jpt on August 19, 2018, 11:21:34 AM I do not think so. It is true that most projects are not doing what they are established for. Instead it seems that they are involving in something like money laundering or speculation. And I think it is high time they should start do what they are established to make themselves strong and stable. As a result, competition will emerge and those which are unable to compete will disappear themselves.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Ade A Aziz on August 19, 2018, 11:21:52 AM Yes, I agree with opinions about many projects that are useless. But, 99% of useless project statements are too much, in fact there are still many projects that are useful and can grow well.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Soberb on August 19, 2018, 11:30:14 AM The truth is that most coins are not doing what they are established for. If you say that 99 % of coins are worthless, you mean the entire crypto is worthless. But neither crypto is worthless nor 99% percent coins are worthless. But coins start working on what they are established for to make it stable.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: elosi on August 20, 2018, 12:57:45 AM Even at this 99% claim without facts is not true. Truth be told we have mainly worthless coin, because most focus on making profit rather than embracing to use case of the token or coins. It's high time we start focusing on use cases and how to make projects get acceptability. Of course everyone wants to make a profit, That's just the way it is. I want that, you want that, everyone wants that. That is the most important thing, the profit. You can put $ 100,000 in an ico and then embrace the project and do not start focusing on the profit. When the project is ready for 2 years, your $ 100,000 investment is worth only $ 100. Defs are not awake, they have your $ 100000 investment right after the ico converted to 12 bitcoin. They have been able to make that $ 100,000 20x in bitcoin in those 2 years. They simply have no intrinsic value. They do not add anything to the project. That's why I say 99 percent is just worthless. A Project is not at risk if everyone dumps everything after an ico Ok here some facts. 111089 contracts have already been created with ethereum. In total there have been more than 3000 ico's. I now just calculate just what is in the ico archive on this website. This website has a total of 1957 ico sales in the archive. www.icodata.io/ICO Total 1975 icos sales 47 icos is return 3x Of these 47 icos there are only 22 icos with a more than x10 return 22 of that 1975 = 99% This is really bad to know that out of 1975 ICO sales only 22 ICO out of that is more than X10, this means that majority of the ICO is below their ICO prices, so my question is this, is the bear market the cause of this or what else is the cause? Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: chip1994 on August 20, 2018, 12:59:55 AM I think it's true :). It's really difficult to find out a good ICO project to join at the moment that why only professional investors can survive at this period. As I can see 9 out of 10 ICO projects at the moment are failed and can't reach to their hardcap although their idea is really great, I think ETH price is too low also affect to ICO project.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Buladig on August 21, 2018, 01:10:22 AM right, almost all of the coins I have are worthless, it really worries me, I don't know how my life will be if this coin just rots in my wallet, until now I still hope that by the end of 2018, everything will soon recover and have good price.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: bit..what? on August 21, 2018, 01:17:21 AM I do not think that 99% of the projects are worthless and not worth a cent.
Of course, there are many projects that are really not that good, but there are also some good projects. Think the bad opinion is currently coming from the current price decline of crypto currencies. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: D3m1r4wanti on August 21, 2018, 01:38:58 AM not as big as that, the percentage of 99% is too big according to my count, indeed there are too many projects that are not valuable. however, if you know in its entirety, there are many projects that are indeed valuable and not just fraud or other. we must be good at choosing a good project by doing some analysis.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: tttuida on August 22, 2018, 11:31:02 AM I think that it is true, there are so many projects which can not give money in turn, so investing is empety deal there, I am sure that this amount will raise only.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Starfranko on August 22, 2018, 11:35:44 AM I think that is an over exaggeration and your estimation might be based on the experience you have had but it should not be a general representation of the situation in the ecosystem. There are good projects out there that are out to solve some problems
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Msile on August 22, 2018, 04:30:26 PM 99% of all ico and existing projects is worthless and not worth a cent. what's your opinion? I thought about it a year ago. For the period that the ico projects came out of the ground and poloniax and bittrex were the largest exchanges. Then in many tokens I saw something of value that stood on exchanges. Nowadays I have completely changed my mind and have looked at things in a different way. To start with recent projects and icos that are ready: After all those hundreds of new tokens that have come in at this time, I think completely different. This has come about because everything about huge amounts of money can be seen from ico startups. Here I am not talking about scam icos but reliable ico projects. 99% are just thieves. Projects with high ico tokens price that no one can make a profit. except the founders. Huge amounts of money of tens of millions are sometimes collected per project. What makes me worse is that Almost all ico projects lie enormously about the development costs of setting up a project. That all money (10 million) for example is used for the application to make and additional matters. What nonsense. If I started a normal company that has nothing to do with crypto, you can set up a very nice kourier, painters, construction company or shop with $ 500,000. With this IT related crypto shit projects do as if they still have too little 5 to 10 million dollars budget. while you can start a business for 1000 euros. Laptop, software and in your own living room. 70% of all app or platform projects cost the software almost nothing to a few thousand to build, 2000x less if there is collected in the ico. Say development costs of $ 5000. What I can say even better is: 99% of all projects cost a maximum of 1 million dollars to pay everything in the first year such as software, salary team, office rent, marketing plus other costs together to develop a project. Then dare to say that for example they do not have enough money to have a good exchange, for example. Almost all projects build everything for a minimal amount. lf it is finished, their 9 million are in their pocket for private investments. not only the 9 million but also often 30 percent of all tokens of their project. At this moment you have 99% of all altcoins which is junk. You may, for example, have tokens of a certain project, but can you also do something with those tokens, so that you can get rich with those tokens? Some projects may be good, but what do these tokens add to their value? Can not you do something with a particular project if you do not own their tokens? Ethereum tokens can increase the value, for example, because you can use it for example for ico investments. Bitcoin has value because it is the bentley of the crypto coins. Many projects offer nothing special that contrasts with a value. Virtually all projects are worthless because they do not add anything. With the cryptocrash last months, people are fortunate to see a true value of many projects. useless projects. Fortunately, there are also a number of unique projects that do add something. Unique projects I mean something that others do not have. Paymon.org (http://Paymon.org), for example, is a unique and reliable project. With a very active devteam. This project comes with solutions that people scream for. A replacement that can replace fiat money. Payments without transaction costs, transaction speeds unlimited per second, passes to pay everywhere with crypto. Project that focuses entirely on personal payments with their own developed DAG blockchain HIVE. A project where you already have the blockchain and you can even test the blockchain for free how fast it is. Also have a working android and ios app and web platform with a messenger function built in with which you can chat. . This project is very far below the radar, that is because the team wants to deliver a product in a few months that is ready for marketing. This project gives your coins a real value. All those dozens of Dapp projects, wallet projects, securety projects are in my eyes worthless in the future and it does not add anything to your token value How do you think about this? I agree with you. With all of the coins that are coming out now,if you are one that does research then you would see that most of them have nothing to offer and if their coins were to be valued they would amount to zero being that they do not have any good product that can guarantee the survival of their coin. That is why a lot of the coins will end up failing. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: NewBet on August 23, 2018, 04:01:09 PM I have to agree. Just look at the kind of coins that are being put into the market right now, there is way too much of them that one cannot help but think that there is no way that the coins are not scams. They have nothing to offer and the only thing keeping them in the market is because people are trading with the coins, once they stop trading then the value of the coin plummets to zero.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Kristina3456 on September 28, 2018, 08:56:54 PM Well I do not agree that 99% , but 70-80 percent sure . It all depends on the product that the project produces , and it is not always necessary and relevant. For investors who invest their money in these projects , there is simply nothing. it became more and more difficult to choose really necessary and effective companies which will not appear swindlers and will bring profit in the future
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: denis-z12 on September 28, 2018, 09:08:57 PM Thats why it is important to make proper research of the project you want to invest in or participate it. Check out the team, see if they have a ready MVP or at least if it is Alpha/Beta stage, what is the use case and does it make any sense to be on the blockchain; how will it improve life and make things easier etc.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: trofim21 on September 28, 2018, 09:14:47 PM there are many scammers who just want to raise money and run away. I choose projects that have a worthy idea that try to help the world and which, at least, have already collected a soft cap. One such project. @swachhcoin. The project will pay people for their garbage. for today there is a 16% bonus, you can buy coins by the end of October. Soon the project will reach a soft cap
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: mbah on September 29, 2018, 06:26:54 AM This is certainly a reasonable thing. many projects springing up certainly makes the competition will become increasingly tight. It will also make sure investors will also be confused to go into a project like that. and this resulted in a project that has only the name without investors clear. Plus it's also about time because not every project will directly be able to shine quickly and certainly will take time to big. indeed not all but at least some will need a process.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Rustamm on September 29, 2018, 07:20:17 AM I do not think so. Maybe a maximum of 60 percent of ICO projects are useless or just scams. However, this does not mean anything. In general, the Crypto currency is developing very quickly. Unnecessary coins and tokens leave the market. The remaining ones make a very valuable contribution to the increase in the overall utility of the crypto currency.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Razick on October 02, 2018, 09:53:36 PM I think that you are right, especially all of the coins that are being pushed into the market right now, most of them do not have anything to offer and they are just here to make a quick buck off of unsuspecting investors. The reason that a lot of coins are still listed is because of the traders using them, else they would have all died out a very long time ago
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: l10no on October 02, 2018, 10:58:25 PM All things that are on cryptocurrency are not all predictable well, many ICOs are not suitable if they have been listed in a market. i think this is no longer compatible with symbiosis again. if this continues to happen, it can be concluded that I agree the ICO system was abolished
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: SaféTilt on October 02, 2018, 11:01:45 PM I agree. There is too many projects in crypto space and more than 70 percentage even dont need blockchain in their bussineses. but they are integrating blockchain and tokens for collecting money under name of ico.
maybe 99 is the very big number for saying that but also i believe more then 85 project is worthless for even 1 dollar. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: cryptoblazter on October 02, 2018, 11:08:12 PM Since almost anybody who has a good computer background can make ICO without hassle, most of the projects would be a failed projects. That is why, I agree with regulating these ICO so that before they can be allowed to start with crowd funding, they go through series of evaluation. In this manner, projects that are feasible will be allowed.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: oapieNL on August 14, 2019, 08:26:58 AM We are today exact 1year later when i started this topic.
Today im thinking the same as a year ago And all that altcoin prices are even more worser . All the prices of those altcoins have fallen even further and deeper in value in one year. but not to mention many deathcoins & scams That way I stick to my words. All those projects do not need tokens. I cannot link any value to it. Masternodes, for example, are also worthless. Tokens with dividents are also simply worthless. Nothing at all yields what triggers people to hold alts with dividers or master nodes. People get paid in more of there shitcoins. Rarely if you put a garbage bag on the street and you get 2 garbage bags in return. Let them pay dividends and rewards in bitcoin instead of shitcoin, at least there is something that makes shitcoins with master nodes or dividends worth something Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: prehisto on August 15, 2019, 09:37:06 AM Your percentage is close to reality.
Sadly not only those projects who just wanted to list in shit exchange and take off with money but also those who have real good products behind have lost 90+ % og their value. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: zzortyx on August 15, 2019, 09:57:40 AM It's simple. People do not believe in the prospects of these projects and sell tokens while there is still at least some demand. Subsequently the demand for tokens drops to almost zero and the project ceases to have value at all.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: shoreno on August 15, 2019, 10:04:51 AM Most projects copy a friend’s friend copying someone else project is bad even if you say that it your friend . people will only find out because they will make a research and compare it to the original . not 99 but we should say more than 50 of them are not really worth it . the rest are good to support but they are now harder to find because they maybe lacking of promotions due to a limited budget . Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Milamol on August 15, 2019, 10:17:19 AM Your percentage is close to reality. This is not surprising, since the asset will fall in price until the project begins to make a profit...even the best projects. And almost all projects now do not bring profit. Since the development has not yet been completed, there is no mass adoption.Sadly not only those projects who just wanted to list in shit exchange and take off with money but also those who have real good products behind have lost 90+ % og their value. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: weidex on August 15, 2019, 10:30:54 AM Definitely not 99% of them are worthless. There are still projects that are doing a hard work. Let's not forget that most of the projects are very fresh and need time to scale. Development needs time but it also needs money which I assume is the main problem for most of the projects. Everyone is looking and investing in bitcoin right now because people got disappointed with alts. But there still be hunters who are looking for good projects which can be spotted by a good research.
There are some good projects in the field of DEXs which are far better than the well-known ones but are struggling to receive liquidity and users. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: coin-investor on August 15, 2019, 11:08:41 AM I think you are not at doing the right kind research, you are talking about finding the right project amidst the so many useless projects but the site or project that you are promoting after your very long post is not existing anymore, it now falls to the wrong or useless project.
99% is such a huge percentage I don't think you looked at every project or coin, you just guess it, if 99% of the project is not worth a cent, then how come there is huge volume and how come there are buy order on so many coins in the market, you should come out with a good research to give us a good figure and not a wild guess based on your failed investment experiences. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: fuer44 on August 15, 2019, 11:42:06 AM yes, even though this is reality but I still have another view about the failure of this project.
1. the team of development is reluctant to launch tokens to the market because of the fall of altcoin, so that it will make the token exchange rate for the smart contract even lower. 2. with a large project development cost, but the team did not find a way to overcome this bearish impact on the value of their tokens, instead made an excuse to take their own profit and take money from investors. It doesn't make sense, but that reality almost happened to more than 50% of ico projects that failed during this one year period. That should not be their reason for stealing, and they must be fair in any market situation. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: confreslamp on August 15, 2019, 11:47:11 AM Without any working service that could compete with existing centralised services or something that would bring a revolution to an industry any coin will die off. I agree and think that market should be cleaned up from shitcoins.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: accounting 181293 on August 15, 2019, 12:00:14 PM all I think about is to buy bitcoin better and forget about new projects. not 99% but all existing projects are worthless, all token dumps and continues.
bitcoin is the only safer crypto investment. ICO / IEO / STO scammers will cheat sooner or later. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: CryptoIyke on August 15, 2019, 12:13:42 PM This assumption may not be correct because there is no statical data to back it up, though I think that majority of what happened is due to the increasing btc dominance which is seeing a lot of altcoins fade away and hard for the new ones to survive.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: shiming on August 15, 2019, 12:23:50 PM As the market blockchain technology is still evolving, in the future society, various industry blockchains have many important functions and require different kinds of cryptocurrencies, which requires them to compete with each other. Is it the evolution that can produce good projects?
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: BlackFor3st on August 15, 2019, 12:59:34 PM In the current situation of the market right now, I can say that instead of 99% it is safe to say that 95% of the projects that are currently running are worthless and will end up scamming the money of the investors.
I am in favor of 5% because there are still very few projects that you can support which worth more than what you have done. But they are very difficult to find, so it's better that you will widen your research in finding the right project to join, invest and support. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: The Sceptical Chymist on August 15, 2019, 01:13:58 PM And all that altcoin prices are even more worser . Are you talking about altcoins with their own blockchains or tokens that run on platforms like ETH? They're two different things.All the prices of those altcoins have fallen even further and deeper in value in one year. but not to mention many deathcoins & scams The tokens pumped out by these crappy-ass ICO projects are indeed mostly worthless, and I'm not sure why people are still investing in these things. I have yet to hear of a project that's solved a problem in need of solving by employing a blockchain solution with a token. Not one. These charlatans make a lot of claims and promises, and invariably they fail to deliver--except to profit themselves at the expense of the investors and even the bounty hunters who help them advertise. But while the altcoin market is currently in the dumps, that could reverse itself and it probably will. I do think most altcoins are redundant and will never get used in commerce, but there are some that could be very useful if only people adopted them. Many of them have advantages over bitcoin in terms of cheaper network fees and faster confirmation times, but there are so many of them that they can't all develop strong communities. Masternodes, for example, are also worthless. Yeah? I know a guy who runs a PIVX masternode, and he says it makes him a pretty decent amount. I've never run one, but I don't really think they're worthless.Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: xenomorphe1 on August 15, 2019, 01:49:14 PM A lot of projects are now worthless in term of value for their coins, because people now only care about bitcoin. Look at the dominance of bitcoin. Is it normal for you to have 70 percent market dominance for one coin which does not do anything new compare to some new altcoins? Most people are only here for greed and not about the development of the technology. Some projects are doing excellent work, but their tokens are worthless. Look for exemple at the Ambrosus team. They have an excellent team. But nobody care about their token now. I would say, it is not worth for new companies to enter the crypto market. Except if they make a scam exit as their tokens are going to be dumped hard after the first pump of the coin. Because people now are only buying bitcoin and not because the team want to develop an excellent product or not. Only coins which are created by an exchange are doing good. Because they give some advantages to thoses traders as lower fees or permit to participate in new IEO which get dumped hard after too. If this continue, cryptocurrencies are going to die as there is too few real investors to develop the new technology. Continue like this and buy only bitcoin and we are going to see the fall of all cryptocurrencies and not just altcoins.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Bitbtc8 on August 15, 2019, 02:02:44 PM Many projects do not make sense, but most importantly, they can not have a real product, that is they are meaningless! But there are very interesting ones, which show all the hopes, as a rule, they come out with the original product and simply collect it for its development. If you know how to avoid useless projects you wont have any problem or whatsoever, i know real projects with real products do fails but the failure will be limited unlike when choosing projects with no research experience,if you come across any project thats not making sense just stay away from them Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: saba1256 on August 15, 2019, 06:17:27 PM As you know most of projects wants to make profit and they don't think about investors and traders and also 95% bots working in exchanges, so only good projects can be good for investors and traders but most of projects are worthless due to team is not serious with projects.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Dark Helix on August 15, 2019, 11:00:11 PM A lot of projects are now worthless in term of value for their coins, because people now only care about bitcoin. Look at the dominance of bitcoin. Is it normal for you to have 70 percent market dominance for one coin which does not do anything new compare to some new altcoins? Most people are only here for greed and not about the development of the technology. Some projects are doing excellent work, but their tokens are worthless. Look for exemple at the Ambrosus team. They have an excellent team. But nobody care about their token now. I would say, it is not worth for new companies to enter the crypto market. Except if they make a scam exit as their tokens are going to be dumped hard after the first pump of the coin. Because people now are only buying bitcoin and not because the team want to develop an excellent product or not. Only coins which are created by an exchange are doing good. Because they give some advantages to thoses traders as lower fees or permit to participate in new IEO which get dumped hard after too. If this continue, cryptocurrencies are going to die as there is too few real investors to develop the new technology. Continue like this and buy only bitcoin and we are going to see the fall of all cryptocurrencies and not just altcoins. I’ll just leave this here. https://amb.money/ Amb is profitable (around 50% ROI) now with about 20% staked already. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: poornamelessme on August 15, 2019, 11:49:06 PM 99% is too high in my opinion, but certainly the majority of coins (and icos) are pretty much worthless. The problem in this market is that there are quite a number of top 100 coins that at least in theory has a real-world usage and/or some unique features, and they are getting dragged down with the entire alt market.
So I wouldn't use a broad stroke and say basically everything is worthless. Just that with this market, it sure looks like almost everything is close to worthless. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: davinchi on August 16, 2019, 03:42:45 AM I honestly think that the way how it is easy to create a new coin is the cause of this. You can simply start a coin in 24 hours if you want to including some marketing and a website.
I would prefer if it was a bit harder to start a new coin, hell some coins are so easy that they don't even do funding, they just do airdropping because they know if they get some attention and people start to buy and sell they could potentially sell the currency they have and make a ton of money all depending on how much interest people show to it, some even just sell and dump a bunch making maybe a few btc at most and not care about what happens to their currency. It is a shame its so easy to start a new coin, maybe if we can somehow manage to make it a bit more difficult than we could potentially have more worthy coins. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: bitcratic on August 16, 2019, 09:14:09 AM 99% is too exaggerated figure. I think lot of project have useless. 30-40% is useless projects.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Chomsy on August 16, 2019, 09:25:28 AM Many projects do not make sense, but most importantly, they can not have a real product, that is they are meaningless! But there are very interesting ones, which show all the hopes, as a rule, they come out with the original product and simply collect it for its development. Projects we see these days are mere copy paste from other projects. I think we have the same circle of people coming up with developments of projects. They start on a project and once they've made their gains, voom, they move on to another. This is one reason why we have too many abandoned projects in the space. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: AmoreJaz on August 16, 2019, 09:28:11 AM Many projects do not make sense, but most importantly, they can not have a real product, that is they are meaningless! But there are very interesting ones, which show all the hopes, as a rule, they come out with the original product and simply collect it for its development. Projects we see these days are mere copy paste from other projects. I think we have the same circle of people coming up with developments of projects. They start on a project and once they've made their gains, voom, they move on to another. This is one reason why we have too many abandoned projects in the space. after one year of posting this thread by the OP, i guess people already learned their lessons with projects launched in this crypto space. though a lot of devs have gained on their own ways, a lot have suffered from those promises and hoping that one day, they will get rich... Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: VDraci on August 16, 2019, 09:36:53 AM Its very easy to create coins and tokens i think thats why we have too many useless coins and tokens in crypto space,many coins live only for a year and some over few years before they die but not 99% of coins are useless,some good coins are even under top 100 of CMC,if everyone can just ignore coins and tokens with no real use case shitcoins will die faster
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: robelneo on August 16, 2019, 09:40:28 AM OP is not giving us a good stat I don't think it's 99% if this is the right figure, then investors will only invest in the top 3 coins in the market, then why all the other coins in the market are having volume and investors are buying those coins, there are still good coins around, it's just a wild guess to come out with a figure like that.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: gensol on August 16, 2019, 10:23:27 AM 99% is a high figure. Yes it's true new coins got out within the past year coupled with exchanges that sprung up as well. Looking at the tokens and what they used to be sometime ago the bear run has affected them but it doesn't mean they're worthless. The project's utility should be used to judge projects these days until the market reveals their real value.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: baigreen on August 16, 2019, 11:42:28 AM Yes you are right the situation is terrible. Most of the projects simply overwhelm each other and nothing brings new to the market. Only confuse traders and investors. Well, we can’t stop the launch of projects? And we will have to face it. So we will monitor the quality and develop their ideas. The project market does not stop at exchanges and wallets, I think good projects and do X 10.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: akungagal on August 16, 2019, 01:07:25 PM after one year of posting this thread by the OP, i guess people already learned their lessons with projects launched in this crypto space. though a lot of devs have gained on their own ways, a lot have suffered from those promises and hoping that one day, they will get rich... yeah, you are right.i have also learned a lot and understand enough of the projects launched on crypto. because of my experience over the past few years, i got one valuable thing, i kept instilling in my mind "when investing i don't expect to be rich but i will continue to try to get good results". Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: InwardContour on August 16, 2019, 01:35:02 PM I agree with this post that many crypto projects are worthless, but saying 99% is a hyperbole, I think about 70% will be fair enough. Many projects never accomplish what's on their roadmap, some even keep mute after token sale (which means their main aim was to scam people through the token sale). Some will even go as far as listing on exchanges and then dump everything, I was a victim for PENT (penchant) and XTM (Xentimentum) which listed on mercatox and hotbit respectively. The team members cleared all bids (buy orders) until there was none left. Exchanges and Coinmarketcap should scrutinize projects properly before listing , not just listing any new project easily. Well, there are still some very good crypto projects still keeping up with developments for long term, my favorites will include TRX, EOS, LINK, ATOM, ICX not forgetting ETH.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: forexandcryptoauditor on August 16, 2019, 01:42:32 PM The current market situation is not allowing to get full o desired funds raised for the projects due to lack of interest by investors. Also many scam projects are coming out which is impacting investment of genuine projects.
I have seen only 3-4 projects doing well(?) among 10-15. Lets hope regulations will change the situation. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: aioc on August 16, 2019, 02:02:31 PM So we have the top 50 profitable coins in the market so how many altcoins are there in the market, you don't do your math, you are sounding like a desperate man who wants to get out from the market and you are creating FUDS in this forum.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: xenomorphe1 on August 16, 2019, 02:36:45 PM A lot of projects are now worthless in term of value for their coins, because people now only care about bitcoin. Look at the dominance of bitcoin. Is it normal for you to have 70 percent market dominance for one coin which does not do anything new compare to some new altcoins? Most people are only here for greed and not about the development of the technology. Some projects are doing excellent work, but their tokens are worthless. Look for exemple at the Ambrosus team. They have an excellent team. But nobody care about their token now. I would say, it is not worth for new companies to enter the crypto market. Except if they make a scam exit as their tokens are going to be dumped hard after the first pump of the coin. Because people now are only buying bitcoin and not because the team want to develop an excellent product or not. Only coins which are created by an exchange are doing good. Because they give some advantages to thoses traders as lower fees or permit to participate in new IEO which get dumped hard after too. If this continue, cryptocurrencies are going to die as there is too few real investors to develop the new technology. Continue like this and buy only bitcoin and we are going to see the fall of all cryptocurrencies and not just altcoins. I’ll just leave this here. https://amb.money/ Amb is profitable (around 50% ROI) now with about 20% staked already. You should take into account the cost of the node too. And compare to its starting ICO price, its value has diminished. From $0.30 to $0.02... So, i won't say it is profitable. It was a little profitable on its first year, but after that no. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: digitalblock on August 17, 2019, 07:24:01 PM Many projects have a very good idea and concept. But due to the fact that the market is very much competition wins the one who can afford to make large sums of money in your project, namely in order to enter the listing on the stock exchange. Many do not understand that it is best to invest in the functionality of the project and not in the speculative cost.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: jagaban on August 17, 2019, 08:38:56 PM I won't say 99% because I am still holding some coins I bought in ICO since 2017. Maybe 80% - 85% of coins out there are shitcoins based on how poor the projects have been.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Iykecollins on August 17, 2019, 10:03:03 PM Was sounding very interesting until I read towards the last paragraph where you were actually trying to promote another project which obviously shouldn't be the same category according to you, what guarantee will you place on it? Here it is a game of chance, a lot will fail, some will survive
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: PuertoLibre on August 17, 2019, 10:04:06 PM 85% of the altcoins just there for the price speculation, their real value is near the zero. Worthless projects are overqualified schemes considering the listed coins of the projects on the exchanges. In my view, if there is a lack of vision the end will become near for such project. Without a proper roadmap and professional developers running a crypto project doesn't worth to waste time, only lucky projects are able to survive in the competition. Pumped coins are dumped in the late pumpers and this cycle continues forever until the coin get delisted. A bear market is a good way to learn the outcome of the unplanned trades, proper plan saves time and money.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Lanatsa on August 17, 2019, 10:13:34 PM 99% of all ico and existing projects is worthless and not worth a cent. what's your opinion? True,i do only consider projects which are legitimate ones even or including to those who haven't able to get some value are to those projects that do having their own platform.We do see this market is being flooded by most erc20 tokens which means they do rely into the same feature but somehow we can differentiate on which one do give out a real world usage than to those who are just good when they are still just on their pre-sale. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: drumamat on August 17, 2019, 10:21:30 PM It seems to me that now is not the right time for an absolute assessment of many projects.The thing is that many projects are developing and are not yet fully operational.In my opinion, the figure of 35-40% of dead projects is quite adequate.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: dabenko on August 17, 2019, 10:25:19 PM It seems to me that now is not the right time for an absolute assessment of many projects.The thing is that many projects are developing and are not yet fully operational.In my opinion, the figure of 35-40% of dead projects is quite adequate. One of the major problems we are having is that, so many of them are just too slow on the development of their products. Imagine spending almost two years developing the first phase of product development and yet not arriving at something meaningful. A lot need to be done.Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Kvalentine on August 18, 2019, 05:21:55 AM I have some altcoins in my wallet that are trading over a cent and some are very close to 1$,i don't understand why you said 99% of altcoins are bad when we have good altcoins like blockstamp,hst,skycoin,stratis etc, no doubt we have many useless tokens and coins in crypto world but at the same time we have many good altcoins with real use case as well
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: aprilnot on August 18, 2019, 05:51:06 AM at the moment I think all the projects are shit. nothing is in accordance with predictions, the reason is because they just want to take the money or it can be said to be a scam. rather than thinking innovation, I see it more as nonsense. concepts that are too idealistic cannot be useful in real life. so there will be no adoption, even I doubt if their platform will be released and used later.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: judeafante on August 18, 2019, 08:07:01 AM I disagree with the big number you've given, it's like saying only the top 10 coins in the market has volume and worth investing, even the coins that are on the top 30 are worth investing, you just have to look at the ROI of every coin within the top 50 to prove my point.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: abake on August 18, 2019, 10:14:43 AM I will disagree with you based on the % you indicated, yes majority of the project are not worth it but that doesn't mean that only 10% is real. Come to think of it, if only 10% projects are meaningful I believe majority would not still be into cryptocurrency. There are very good legit project out there about 40% have been able to actualize it and put their project out and also listed while the remaining 10% is still struggling to meet up mostly cos of funds
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Dewi Aries on August 18, 2019, 11:32:41 PM Simple, if know that a lot of projects is scam, why we not just avoid it. I mean, there are a lot of coins that can be traded and it is still worth to use. If think tokens is make people lost their money, just leave it. I think that projects not force us to make an investment. And for who still want to make investment in new ICO, it is risk that they must take and if me, i will just trade old coins.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: faadhilah on August 18, 2019, 11:49:54 PM To date, I am still holding that and some of these coins I get during my crypto. My feelings were disappointed because until now this coin did not enter the exchange. But I also don't think of it and continue to follow the project and collect the coins. I believe that one moment this coin should have a selling value.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: sana54210 on August 19, 2019, 04:35:33 PM at the moment I think all the projects are shit. nothing is in accordance with predictions, the reason is because they just want to take the money or it can be said to be a scam. rather than thinking innovation, I see it more as nonsense. concepts that are too idealistic cannot be useful in real life. so there will be no adoption, even I doubt if their platform will be released and used later. In my opinion, I believe that the technology of the older coins are already enough to sole any issue that we resent have for blockchain to solve, most off those newer projects only got the idea they have in their whitepaper from the older projects and I really think that is where they are failing, they have no new innovations and they are just full of lies.If there is any innovation with real use case, it can be found more from the older projects that we still have, and even among the older projects, I still see lots of repetition in them and people have seen this also, which is totally reason why bitcoin is gaining dominance now and they are complaining, how would bitcoin not gain dominance, when it is still the only projects with very real use case for now. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: senin on August 19, 2019, 06:01:50 PM Do not exaggerate so. Just this year, with a sharp decrease in the number of ICO projects, I see that their quality is improving. True, I also see a not very good tendency for hunters to pay very small rewards to their heads. Even those projects that first offer generous payments, in the future, for various objective and subjective reasons, reduce them.
In general, we are now on the verge of regulating the activities of ICOs by states. Then there will be more order and less fraud. However, worthless projects will always be. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: oapieNL on September 05, 2019, 07:48:43 AM And all that altcoin prices are even more worser . Are you talking about altcoins with their own blockchains or tokens that run on platforms like ETH? They're two different things.All the prices of those altcoins have fallen even further and deeper in value in one year. but not to mention many deathcoins & scams The tokens pumped out by these crappy-ass ICO projects are indeed mostly worthless, and I'm not sure why people are still investing in these things. I have yet to hear of a project that's solved a problem in need of solving by employing a blockchain solution with a token. Not one. These charlatans make a lot of claims and promises, and invariably they fail to deliver--except to profit themselves at the expense of the investors and even the bounty hunters who help them advertise. But while the altcoin market is currently in the dumps, that could reverse itself and it probably will. I do think most altcoins are redundant and will never get used in commerce, but there are some that could be very useful if only people adopted them. Many of them have advantages over bitcoin in terms of cheaper network fees and faster confirmation times, but there are so many of them that they can't all develop strong communities. Masternodes, for example, are also worthless. Yeah? I know a guy who runs a PIVX masternode, and he says it makes him a pretty decent amount. I've never run one, but I don't really think they're worthless.I mean All kind of token/mining coins/erc20/chains and almost all hardforked shit(the secret free money printer for the rich) @ this moment I see these cryptos as most interesting Pure payments! Bitcoin, store of value like gold Litecoin, btc cash for small payments USDT, the stable coin Monero, for the private/Underworld transactions. Token Creation, dapp Qtum,NEO,Ethereum,Tron and some more in that circle. Masternodes only make sense if ... You are the dev of the masternode coin so you can manipulate the price of the coin .so you can let the coin slowly bleed to death so you can buy much as possible for masternode. When bags Full of tokens, create a pump and release a lot of positive (huge)news and dumping the masternode tokens on your newcomers. Or If Bitcoin pumps -- masternodes coins stay the same price in satochi or rise in satoshi value. If Bitcoin dumps - masternode must grow in usd value. higher then the coin is dropping in BTC value Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Bitcoin+Fi on September 05, 2019, 07:47:22 PM I don't think that 99% of the projects in cryptocurrency are worth anything, I think 90-95% are worth nothing, the rest is really developing and working part
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: 2tang on September 05, 2019, 09:00:23 PM Actually there are tokens that have prices in the market and some are missing prices because the developers do not run the project according to the roadmap.If you say 99% worthless certainly does not match the facts on the market.Still there are dozens of projects that have a pretty good trend but you have to be patient because the project will definitely need time to develop the project as planned.If you mean on the tokens that you get from the Bounty company,of course 70% is junk tokens
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: shooleh on September 05, 2019, 09:43:26 PM What do you think? About this question, everyone will have different answers.
I personally argue that many fake and failed projects are still numerous. It doesn't seem to be endless and concern. Everyone works hard to get coins, but until now the coin has no selling value, even the visible coin is no longer developed. Projects with prizes are huge and sometimes unreasonable. Be cautious about investing money and better trades with coins that are already listed on the big exchanges. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: desticy on September 19, 2019, 03:38:39 PM I do not see anything strange in this. The market is too decentralized, which means it has no levers of regulation, which in turn leads to filling the market with projects whose main goal is speculation and money.
Having fulfilled its role, the project dies slowly or quickly, and the next one replaces it. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: RealMalatesta on September 20, 2019, 07:24:01 PM I do not see anything strange in this. The market is too decentralized, which means it has no levers of regulation, which in turn leads to filling the market with projects whose main goal is speculation and money. The market is actually over saturated man, and I wonder the kind of problem that is that much for us for everyone one of those projects to have a solution. They usually claim to have discovered a problem that needs solution, and these problems, I don’t even see much people having them because it is something that we can all deal with individually, but because of the money they are after, they still release this project and the most painful part is that we still have some gullible people that would easily fall for it and then donate money to the purse of such developer. Having fulfilled its role, the project dies slowly or quickly, and the next one replaces it. The market really needs to be less saturated, and I am thinking about what could make the market to be less saturate and then remain quality project alone, do you think that. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Ferris419 on September 20, 2019, 08:13:53 PM You are absolutely right, and the point about the app-based project was a bitter truth. I don't know why people get trap so easily! Every year, lots of projects come and they raised money to build an app where people can store, send, receive and trade cryptocurrency. Do we really need these projects? In this year, many payment based projects arrived, I am sure after one to two years, these projects will be valueless shit!
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: J1mb0 on September 20, 2019, 08:32:34 PM And honestly, why would people care about the tech when they're just looking to make some quick bucks off a project which is may or may not raise in value? It's a dynamic that goes like this: invest in X or Y coin/token (invest? more like gamble your money) - wait for the price to go up (somehow the value of these shitty projects always goes up) - dump it all once it reaches a certain price - move on to the next one. It's a vicious cycle, and it doesn't look like it will stop anytime soon as the cryptocurrency market has proven to be a very profitable market. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: irixo10 on September 20, 2019, 08:34:36 PM You are right mate and the funny thing is, it is increasing on a daily basis. Many projects are just jumping into this space with absolutely nothing to offer other than the hype the create which of course is used to attract investors after which the project becomes worthless. Also, we should be careful of these IEOs springing up everyday as most are just pump and dump, of which only the team and exchanges enjoys; maybe a little percentage of investors.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: leatutz on September 20, 2019, 09:08:16 PM Almost 90% of all project is valueless, during listing time has some value then gone cents or more below. As different and my research, any projects doesn't need as much funds to create any service. Normally looks to the Harmony and Ferrum network funds target, was very low.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: aemma on September 20, 2019, 09:15:50 PM There is nothing to think as it is the whole truth, anyone saying contrary have something up his sleeves. We have many coins right, but how many can we beat our hearts and say, yes this ones are different, just few of them. Another issue is, more and more are coming up thus almost changing the idea of altcoins to another thing. We need projects which can offer something unique not a retwist of what is currently existing, if this space is to move forward.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Teawhalee on September 20, 2019, 09:19:20 PM That’s one of the problems we have and it seems to be the greater problems ! The existence of too many projects and consistent emergence of new ones ! Yet none has been able to solve a daily human life problems in real life except for paper works.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: mickey_miner on September 20, 2019, 10:03:09 PM 99% of all ico and existing projects is worthless and not worth a cent. what's your opinion? I agree with you, almost all of these coins were created to make money quickly, almost no one planned to develop projects.I thought about it a year ago. For the period that the ico projects came out of the ground and poloniax and bittrex were the largest exchanges. Then in many tokens I saw something of value that stood on exchanges. Nowadays I have completely changed my mind and have looked at things in a different way. To start with recent projects and icos that are ready: After all those hundreds of new tokens that have come in at this time, I think completely different. This has come about because everything about huge amounts of money can be seen from ico startups. Here I am not talking about scam icos but reliable ico projects. 99% are just thieves. Projects with high ico tokens price that no one can make a profit. except the founders. Huge amounts of money of tens of millions are sometimes collected per project. What makes me worse is that Almost all ico projects lie enormously about the development costs of setting up a project. That all money (10 million) for example is used for the application to make and additional matters. What nonsense. If I started a normal company that has nothing to do with crypto, you can set up a very nice kourier, painters, construction company or shop with $ 500,000. With this IT related crypto shit projects do as if they still have too little 5 to 10 million dollars budget. while you can start a business for 1000 euros. Laptop, software and in your own living room. 70% of all app or platform projects cost the software almost nothing to a few thousand to build, 2000x less if there is collected in the ico. Say development costs of $ 5000. What I can say even better is: 99% of all projects cost a maximum of 1 million dollars to pay everything in the first year such as software, salary team, office rent, marketing plus other costs together to develop a project. Then dare to say that for example they do not have enough money to have a good exchange, for example. Almost all projects build everything for a minimal amount. lf it is finished, their 9 million are in their pocket for private investments. not only the 9 million but also often 30 percent of all tokens of their project. At this moment you have 99% of all altcoins which is junk. You may, for example, have tokens of a certain project, but can you also do something with those tokens, so that you can get rich with those tokens? Some projects may be good, but what do these tokens add to their value? Can not you do something with a particular project if you do not own their tokens? Ethereum tokens can increase the value, for example, because you can use it for example for ico investments. Bitcoin has value because it is the bentley of the crypto coins. Many projects offer nothing special that contrasts with a value. Virtually all projects are worthless because they do not add anything. With the cryptocrash last months, people are fortunate to see a true value of many projects. useless projects. Fortunately, there are also a number of unique projects that do add something. Unique projects I mean something that others do not have. Paymon.org (http://Paymon.org), for example, is a unique and reliable project. With a very active devteam. This project comes with solutions that people scream for. A replacement that can replace fiat money. Payments without transaction costs, transaction speeds unlimited per second, passes to pay everywhere with crypto. Project that focuses entirely on personal payments with their own developed DAG blockchain HIVE. A project where you already have the blockchain and you can even test the blockchain for free how fast it is. Also have a working android and ios app and web platform with a messenger function built in with which you can chat. . This project is very far below the radar, that is because the team wants to deliver a product in a few months that is ready for marketing. This project gives your coins a real value. All those dozens of Dapp projects, wallet projects, securety projects are in my eyes worthless in the future and it does not add anything to your token value How do you think about this? Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: spydee1522 on September 20, 2019, 11:30:17 PM There are a lot of useless projects and at the same time scam projects out there which are in a fact much more than worthless but come to think of 99% is too exaggerated. Some of these projects aint worthless but are dormant and needs funds to progress and the fact that they are dormant does not mean they are worthless, some needs time.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Aldrinx00 on September 21, 2019, 03:35:40 AM I agree that most projects are worthless because most of them are fake and scam, people realized that ICOS are not profitable anymore so they jump in to IEOS. Strict regulation must be implemented on projects that wants to raise funds to avoid scamming people.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: passwordnow on September 21, 2019, 09:05:05 AM I agree that most projects are worthless because most of them are fake and scam That's true and honest. Most of them really didn't have any value at all but because of the hype of ICO they rode it and the investors bought it as if they have proposed the best project of all. You can see within the first few months of those projects to be good but in the long run, you can now determine if they really are working on it solely as proposed. Nevertheless, if they collected and reached the soft or hard cap, it's the success they want which is their self interest. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: metallica101 on September 21, 2019, 09:34:45 AM 99% of all ico and existing projects is worthless and not worth a cent. what's your opinion? I thought about it a year ago. For the period that the ico projects came out of the ground and poloniax and bittrex were the largest exchanges. Then in many tokens I saw something of value that stood on exchanges. Nowadays I have completely changed my mind and have looked at things in a different way. To start with recent projects and icos that are ready: After all those hundreds of new tokens that have come in at this time, I think completely different. This has come about because everything about huge amounts of money can be seen from ico startups. Here I am not talking about scam icos but reliable ico projects. 99% are just thieves. Projects with high ico tokens price that no one can make a profit. except the founders. Huge amounts of money of tens of millions are sometimes collected per project. What makes me worse is that Almost all ico projects lie enormously about the development costs of setting up a project. That all money (10 million) for example is used for the application to make and additional matters. What nonsense. If I started a normal company that has nothing to do with crypto, you can set up a very nice kourier, painters, construction company or shop with $ 500,000. With this IT related crypto shit projects do as if they still have too little 5 to 10 million dollars budget. while you can start a business for 1000 euros. Laptop, software and in your own living room. 70% of all app or platform projects cost the software almost nothing to a few thousand to build, 2000x less if there is collected in the ico. Say development costs of $ 5000. What I can say even better is: 99% of all projects cost a maximum of 1 million dollars to pay everything in the first year such as software, salary team, office rent, marketing plus other costs together to develop a project. Then dare to say that for example they do not have enough money to have a good exchange, for example. Almost all projects build everything for a minimal amount. lf it is finished, their 9 million are in their pocket for private investments. not only the 9 million but also often 30 percent of all tokens of their project. At this moment you have 99% of all altcoins which is junk. You may, for example, have tokens of a certain project, but can you also do something with those tokens, so that you can get rich with those tokens? Some projects may be good, but what do these tokens add to their value? Can not you do something with a particular project if you do not own their tokens? Ethereum tokens can increase the value, for example, because you can use it for example for ico investments. Bitcoin has value because it is the bentley of the crypto coins. Many projects offer nothing special that contrasts with a value. Virtually all projects are worthless because they do not add anything. With the cryptocrash last months, people are fortunate to see a true value of many projects. useless projects. Fortunately, there are also a number of unique projects that do add something. Unique projects I mean something that others do not have. Paymon.org (http://Paymon.org), for example, is a unique and reliable project. With a very active devteam. This project comes with solutions that people scream for. A replacement that can replace fiat money. Payments without transaction costs, transaction speeds unlimited per second, passes to pay everywhere with crypto. Project that focuses entirely on personal payments with their own developed DAG blockchain HIVE. A project where you already have the blockchain and you can even test the blockchain for free how fast it is. Also have a working android and ios app and web platform with a messenger function built in with which you can chat. . This project is very far below the radar, that is because the team wants to deliver a product in a few months that is ready for marketing. This project gives your coins a real value. All those dozens of Dapp projects, wallet projects, securety projects are in my eyes worthless in the future and it does not add anything to your token value How do you think about this? Agreed, even if we eliminate all of the scams, the amount of weak projects is still so huge that only a handful of the coins worth investing in remains. But, that's what happens when there is money in an industry, and anyone can start their own project. I'm not saying that it is a bad thing, it is likely just a phase and we have to push through it. Eventually, the scams and weak projects will stop coming, and the ones that are already here will be forgotten. A limited number of cryptos will survive, and they will be the main ones. It will take time to get to this, though. Maybe another decade, maybe even more, who knows. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: jackblacksparrow on September 21, 2019, 06:54:41 PM I think that there are about 200 projects in cryptocurrency, the rest are the scam, and in fact, I think it's very bad for the market.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: pooh95 on September 21, 2019, 07:26:21 PM I think that one way or another, time itself will lead to this, the market itself will get rid of empty coins, they simply will not be in demand, now many exchanges remove such coins from trading, the market will clear itself over time
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Lizzylove1 on September 21, 2019, 07:55:48 PM We have meaningless and useless projects in this space and that keep coming to the market, the 99% statistical figure you just gave can't be true, we have some really good projects, they are few though. .
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: scambust on September 21, 2019, 08:03:58 PM We have meaningless and useless projects in this space and that keep coming to the market, the 99% statistical figure you just gave can't be true, we have some really good projects, they are few though. . The statistics is true or rather close to it. What is 99% or rather 1% of 2,880 coins/tokens? 29 coins. I personally believe it is much closer to 93% that are meaningless and useless crypto projects. Anyway it is obvious that only one of your 10 coin picks might make it out alive. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Leo on September 21, 2019, 08:35:03 PM I agree with you on this, lots of those worthless projects are mostly created by almost same people, because the initiative of such project is to scam investors, and after scamming, they tend to move on to another project and recycle the scam initiative again, that's why there are lots of dead project in the market
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: disconnectme on September 21, 2019, 08:49:31 PM I think the rate at which these shitcoins are entering the market has reduced significantly as compared to 2017 and 2018. I can see many of these project truly dieing off with time because they are offering no solution to the space, but my main fear now is that the so called VC projects are going to dominate the space,
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Azuliand on September 21, 2019, 10:21:54 PM Not all 99% of projects are Scam, there are good projects look at those projects that have a large capitalization I do not think that people are so stupid that they invest in such large projects.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Mrsparks on September 21, 2019, 10:33:11 PM 99% of all ico and existing projects is worthless and not worth a cent. what's your opinion? Well, in my opinion, the majority of these projects will get redundant but not all. I just feel there will be a significant change in the top ten coins on the coinmarketcap, with some rare gems toppling the big guns in the crypto space. One of such coins in the crypto space is IOST. Although they are offering similar services to other projects in the crypto space, they seem to look like a hidden gem in the market of today. All those dozens of Dapp projects, wallet projects, securety projects are in my eyes worthless in the future and it does not add anything to your token value How do you think about this? Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Redemption59 on September 21, 2019, 10:44:06 PM There are in fact more than countable projects performing out there with new projects rising up each and every single day. Most of these projects are considered scam and others with low rating scale on various ico rating websites but all these does not guarantee a description of 99% worthless. Though most are worthless but to say 99% are worthless is understatement.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Cryptrx on September 21, 2019, 10:56:57 PM Well you might be right but a greater number of projects do have value than what you've estimated. Lots of cryptocurrency projects exist but greater number is worth something.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: Golftech on September 21, 2019, 10:58:59 PM We have meaningless and useless projects in this space and that keep coming to the market, the 99% statistical figure you just gave can't be true, we have some really good projects, they are few though. . The statistics is true or rather close to it. What is 99% or rather 1% of 2,880 coins/tokens? 29 coins. I personally believe it is much closer to 93% that are meaningless and useless crypto projects. Anyway it is obvious that only one of your 10 coin picks might make it out alive. It's hard to assume the actual percentage but it's not far from that range. Most of the projects that don't have any real product that is useful will die eventually. Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: cudora on September 25, 2019, 11:56:20 AM Unfortunately, it is the bitter truth. Even coins from top 50 on coinmarketcap cannot provide a real, working solution that would affect centralised industry. The more competitive products blockchain would deliver, the higher are the chances for a better situation and higher market cap.
Title: Re: 99% of all projects is worthless and not worth a cent. What do you think? Post by: spydee1522 on September 28, 2019, 03:11:47 PM There a lot of projects coming day in and day out, some are really legit projects but lack funds to operate or make their mission possible whiles the rest are considered scam projects but the fact that most projects are evidently considered as scam projects does not mean 99% of them all are worthless, some needs funds and some are also still in the process of developing their mission to make it a reality.
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