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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: worldtraveller321 on December 06, 2019, 07:25:11 PM



Title: Why Consider All Altcoins Bad
Post by: worldtraveller321 on December 06, 2019, 07:25:11 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts


Title: Re: Why Consider All Altcoins Bad
Post by: InwardContour on December 06, 2019, 08:19:49 PM
Nobody is saying "all altcoins are bad" but majority of altcoin projects are pointless to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk taking, atlesst 70% of my long term holding is in BTC.
 


Title: Re: Why Consider All Altcoins Bad
Post by: cytpoway121 on December 06, 2019, 08:26:39 PM
Perhaps an assumption
People literally believe that once 80% are bad all are bad which is not really the blockchain idea

As an investor you need to identify the break and boom limit of every token or altcoin you invest in


Title: Re: Why Consider All Altcoins Bad
Post by: zhekinsp on December 06, 2019, 08:28:15 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
I don't think anyone will say all altcoins are bad but considering the number of total altcoins which is about 3000 then the worth of altcoins to be invested is about 20 or something then its not a wonder that people generalize altcoins as bad.

We no need more projects in the cryptos, we have enough all we need is adoption not the new crypto projects.



Title: Re: Why Consider All Altcoins Bad
Post by: Pearls Before Swine on December 06, 2019, 08:29:51 PM
There has to be some project out there under good intentions. Not all projects could be a scam.
No, not all coins are scams but who knows what the devs' real intentions are?  I have always assumed that they usually create coins or tokens so that they can get rich, and in 2017 it seemed like everyone and his brother was cashing in on the hot ico market. 

You mentioned that there were over 3000 coins on the market, and I would suggest that's *far* too many.  If you pick a random coin out of the coin population and compare it to another random coin and then ask yourself how the two are different, you'll probably be unable to answer the question.  That's because so many of them are just clones of something else, slapped with a new brand name and marketed to people who don't know any better.  It's sad that some people buy into that hype and become bagholders while the coin devs are laughing all the way to the bank.

Nobody is saying "all altcoins are bad" but majority of altcoin projects are pointless to begin with.
"Pointless" is probably the best term to describe the overwhelming majority of altcoins on the market.


Title: Re: Why Consider All Altcoins Bad
Post by: Soots on December 06, 2019, 08:30:09 PM
Nobody is saying "all altcoins are bad" but majority of altcoin projects are pointless to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk taking, atlesst 70% of my long term holding is in BTC.
 

I guess our mate was only emotional with his holdings which hasn't gained a better value since the last fall of altcoins price last two years ago. Somehow, let's take full understandings why it happened to him so as the other traders who've been struggling for so many times. Indeed in often times, some coins can't recover due to the fact that developers isn't working on it and affected with the recent bearish market.


Title: Re: Why Consider All Altcoins Bad
Post by: VeeTeaSee on December 06, 2019, 08:50:21 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

hmmm well people say so many things on the internet, if you want to find a reason and explain everything you'll go nuts.
moreover there are people who say it just because they get paid to say that or because they lost a lot of money or hold bitcoin right now and will be pro altcoins when they sell bitcoin.. so... make you own research and decide your own opinion.

its your money dont let others people opinion to affect your decisions before you think about it from every angle.


Title: Re: Why Consider All Altcoins Bad
Post by: Shallow on December 06, 2019, 09:05:59 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

I tend to deviate, not all altcoins are bad, there are many out there which are worth it. The issue is, most or rather a majority of them are worthless so giving people the mindset that all altcoins are bad. Also, this idea comes most of the times from those who aren't well granted in the crypto space or those investing based on hype. A coin like Eth is an altcoin but one can't say it is a bad coin, others are XLM, ADA and so on are also worth it. So in all ramifications, majority are bad while a few are good.


Title: Re: Why Consider All Altcoins Bad
Post by: bigcash2011 on December 06, 2019, 09:11:52 PM
Yes you are very right and i fully agree with your point there are dozens of good altcoins the things go wrong when people start analyzing the project or alt with respect to their price where they just donot realize that price in the open market is a variable of multiple complex factors which cannot simply make us say that it is scam or failed altcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: electronicash on December 06, 2019, 09:12:08 PM
well for someone who purely believes in bitcoin, all altcoins might just be bad. but you can see them trading BTC/usdt which USDT still can be considered an altcoin. ETH should be bad for them as well if they really consider 99% of all cryptocurrency to be shitcoins but you can see them demonstrate trading DOGE. you know there are lots of reason why they may be saying it, most probably they want the weak hands to sell.



Title: Re: Why Consider All Altcoins Bad
Post by: Ayiranorea on December 06, 2019, 09:14:34 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
I don't think anyone will say all altcoins are bad but considering the number of total altcoins which is about 3000 then the worth of altcoins to be invested is about 20 or something then its not a wonder that people generalize altcoins as bad.

We no need more projects in the cryptos, we have enough all we need is adoption not the new crypto projects.


We've now got more than 3500+ altcoins. Everyday this number keep on increasing. If you go through every new altcoins listed there'll be features and promotions that state it to be better than bitcoin and other top altcoins. Here we can't say only 20 has got potential, more altcoins are good but it is hard to find. Maybe the luck gets us to find it, and everything getting tokenized is the reason for for the existence of such a large number of altcoins.


Title: Re: Why Consider All Altcoins Bad
Post by: Bonwin on December 06, 2019, 09:27:59 PM
@OP you have just generalized our judgement. There are good altcoins and some of them have been well established in the crypto market, except when so e decide to FUD on it, so as to make their profit for that particular period of time. In fact, without altcoins, I tried to imagine what the whole crypto space would look like. I doubt it will be interesting.


Title: Re: Why Consider All Altcoins Bad
Post by: Febo on December 06, 2019, 09:31:31 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

People can generalise whatever they want.   There is a game theory that tells us that everything gravitate to one center. Like we gravitate to earth. So does Moon. Because Earth is bigger then us and Moon. But they simply not see that there are more use cases for block chain. Right now we have a lot transparent ledger payment coins. That will not last. I mean they will exist but will have 0.00001% of Bitcoins marketcap. Same as wil happen with normal cryptocurrencies. There will be some, but will have 0.0000001% marketcap of Monero.


Title: Re: Why Consider All Altcoins Bad
Post by: salty on December 06, 2019, 09:31:52 PM
Who says that?I have the impression that this is just Your own opinion.In fact, there are a lot of worthy projects.I agree not all projects can be analyzed,but still most are very valuable.


Title: Re: Why Consider All Altcoins Bad
Post by: Swordsoffreedom on December 06, 2019, 09:39:15 PM
Not many people hate on all altcoins, but common argument is that most altcoins are obsolete, not needed, problems that they are solving could be solved without special dedicated cryptocurrency. For example fast transactions with low fees can he solved using bitcoin and Lightning Network. So we already have this feature in bitcoin. And there are more so-called Layer 2 solutions around bitcoin, shown on this graphics:

https://i.imgur.com/wqoMDVR.jpg

Source: https://medium.com/digitalassetresearch/a-look-at-innovation-in-bitcoins-technology-stack-7edf877eab14


Title: Re: Why Consider All Altcoins Bad
Post by: tenakha on December 06, 2019, 09:43:38 PM
The existence of good projects in the market is the best answer to this question, if the market was shitty, so many people would not be involved in crypto. This idea is mainly about newly created projects, recently, most of the new projects immediately drown. Because they are not strong enough to walk on the ground. Also, there are many altcoins that have been successful this year, obviously, they have not looked into the right place.


Title: Re: Why Consider All Altcoins Bad
Post by: Capt00 on December 06, 2019, 10:13:53 PM
They are actually wrong and they are just creating FUD's that will make newcomers will think negative about crypto. It absolutely they are frustrated enough to say and look the market full of scam, besides we could still find good project and altcoins that can still be trusted.
The market isn't so hard to understand but somehow some people wouldn't open up their mind instead of being blinded enough to see the reality. 


Title: Re: Why Consider All Altcoins Bad
Post by: Wh00re on December 06, 2019, 10:24:30 PM
There are TONS of great projects that have FAR exceeded the ROI on Bitcoin this year alone. Most a PnD projects, but there are also some real gems out there, that you can pick up right now, and make a killing with next bull run.

Safe bets:
ADA
NEO
ETH
BCH

A real gem I recently found was Blocknet, who sits with a tiny marketcap, yet managed to make the first functional DEX on the market, a TRUE DEX, none of those "pretend DEX's" like IDEX, Binance, Waves etc.
Their most exciting tech is their Xrouter, which will solve the "Oracle Problem" in a more decentralized way that LINK believe it or not.
I'm buying a good mix of all these coins right now, while holding a good bunch of BTC as well :)


Title: Re: Why Consider All Altcoins Bad
Post by: shinratensei_ on December 06, 2019, 10:29:11 PM
it caused some people were getting a bad experience with icos and that happened so many times. That's why some people may call all of the altcoins are bad coins.
But this is for a coin that created through use ico as a way to raise the funds but if that has already created through use the normal development progress without done an ico and they will call that's a normal thing when happened with a coin that the creation without using the funds.

But i just take this as their opinions. now, they are blaming or generalize the bad altcoins based on the reputation of the altcoin itself. Maybe, there are some still saying all altcoins are bad but that's not a problem as long as we cna still do our judgment based on the fact.


Title: Re: Why Consider All Altcoins Bad
Post by: Katashi on December 06, 2019, 10:31:15 PM
The majority of the altcoin that is available on the market is not progressing well that's why people think there are no good or reliable altcoins these days. A lot of investors suffer huge losses with altcoins so we can't blame them if they are thinking negative about the altcoin market.


Title: Re: Why Consider All Altcoins Bad
Post by: Asuspawer09 on December 06, 2019, 10:37:50 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
All of the altcoins in the market are just a copy of bitcoin as a cryptocurrency,
since the bitcoin was successfully launched as of today become really successful altcoins or alternative token was made to replicate bitcoin in the market,
with that creating a new one cannot replicate bitcoin because they are unique and the investors are only limited since they are already thousands of altcoins in the market.
Just like ethereum that become popular altcoins in the market.


Title: Re: Why Consider All Altcoins Bad
Post by: jhontwis on December 06, 2019, 10:48:33 PM
It is wrong that all altcoins are perceived as money. Whether we accept it or not, altcoins look more like stocks than money. Perhaps explanations should be made directly in this way. People can then have greater confidence in altcoins


Title: Re: Why Consider All Altcoins Bad
Post by: babicena14 on December 06, 2019, 10:53:35 PM
It is clear that not all altcoins are bad. They just have such a reputation because most of them turned out to be scammers. But it is impossible to speak so categorically, interesting projects still continue to appear.


Title: Re: Why Consider All Altcoins Bad
Post by: tabas on December 06, 2019, 10:54:29 PM
The question is why do some people generalize all Altcoins as bad?
Because of the scams that rotated on the community about these new altcoins. That's where it all started.
considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
Like I've said, they consider all of them because of others that became a scam. And they have no time to extract each of those projects because most of those projects, they are not even interested.


Title: Re: Why Consider All Altcoins Bad
Post by: huu78 on December 07, 2019, 12:00:33 AM
More high-quality altcoins for the continuity of profit from investing but if every day the coin appears strange and fraudulent people will be suspicious and afraid of being too risky. One appeal umpteen to get a nice altcoin like NRG which has a good project in the future.


Title: Re: Why Consider All Altcoins Bad
Post by: fuer44 on December 07, 2019, 12:35:15 AM
yes, everyone thinks that too much altcoin will have a bad impact, because surely many are eliminated and ultimately worthless at all. too little is also bad because there is no innovation or new order from the altcoin project. to better make it just a balance between the new project with the old one, if for example the old project cannot produce any profit, just eliminate it.


Title: Re: Why Consider All Altcoins Bad
Post by: Kotone on December 07, 2019, 01:04:21 AM
Some think of waste of time. But if you think about it, only highly appreciated projects among these 3000 has been notice by public. I mean, some of them are, listed on famous exchange such as Binance, Houbi and major exchanges. If you were the investor would you give time to reaeaech small time projects? I think profits is one priority everyone is after right?


Title: Re: Why Consider All Altcoins Bad
Post by: Pamadar on December 07, 2019, 01:08:59 AM
It is clear that not all altcoins are bad. They just have such a reputation because most of them turned out to be scammers. But it is impossible to speak so categorically, interesting projects still continue to appear.
It's business, and with that nature there's competitions most of those new alts are being created just to scammed out and take advantage from the investors. From this point, many newcomers and those people who've got scammed generalized everything, you need to keep doing your research and
not to fall right away into any investment without learning about the project.


Title: Re: Why Consider All Altcoins Bad
Post by: Lecam on December 07, 2019, 01:10:22 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Some people think that all altcoins are bad but they don't know that not all altcoins are bad some are good and give us good income or benefits. Maybe they are invest in a wrong altcoins that is why they say that but if they try again invest in a good altcoins they we're be in a good hand like ether xrp and many more. Some are bad but some are good where to invest there money.


Title: Re: Why Consider All Altcoins Bad
Post by: kaneki007 on December 07, 2019, 01:12:18 AM
Some think of waste of time. But if you think about it, only highly appreciated projects among these 3000 has been notice by public. I mean, some of them are, listed on famous exchange such as Binance, Houbi and major exchanges. If you were the investor would you give time to reaeaech small time projects? I think profits is one priority everyone is after right?
Only altcoin has high potential and is much in the interest of the community that listed on major exchangers, and not all altcoin is bad. Yes i will research some small projects and if there is a moment to take advantage then i will invest a little money there.


Title: Re: Why Consider All Altcoins Bad
Post by: GreatArkansas on December 07, 2019, 01:21:18 AM
It is wrong that all altcoins are perceived as money. Whether we accept it or not, altcoins look more like stocks than money. Perhaps explanations should be made directly in this way. People can then have greater confidence in altcoins
First, we are in the Bitcoin Forum, that's why it's normal to see some Bitcoin maximalist here, and ton of them hate altcoins.
And also for me because for the recent years, most of the alctoins turned into scam or dumped by developers or person behind the project. Let's say 8 out of 10 altcoins maybe are scam. For me, there's a lot more scam/shitcoin altcoins than legit one.


Title: Re: Why Consider All Altcoins Bad
Post by: Mealea on December 07, 2019, 02:14:36 AM
It is very clear that we have some good altcoins out there. I feel some people just have natural dislike ness for altcoins. All altcoins are not bad, there are some that have been able to lift up to their purpose.


Title: Re: Why Consider All Altcoins Bad
Post by: barabarian1 on December 07, 2019, 02:36:24 AM
yes you are right op not all altcoin is bad. altcoin still has the potential to grow and develop in the future. now I also choose to hold the top altcoins.
it's just that currently the crypto market is in a bad state so that almost all altcoins have decreased and lost their value. but I believe that when bitcon goes up, the altcoin market also pumps up. we must be patient.


Title: Re: Why Consider All Altcoins Bad
Post by: HabiebRiziq on December 07, 2019, 05:59:18 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
I would not say that all altcoin is bad, there is always a potential and good altcoin to invest. Maybe some people who say that have experienced failures in the investment they made into altcoin or you could say they have had a number of failures when investing in altcoin so they will judge that all altcoin is bad because of the experience they have ever had, but I don't think altcoin is all bad, if we can observe and take the opportunities that exist, we can benefit from the altcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: Stanlo on December 07, 2019, 06:05:05 AM
A new Lamborghini ought to be better than the old ones yeh? but new crypto projects are not giving us new better features, instead they copy what we already have and claims to be better but in few times later the old project still blew the new ones out


Title: Re: Why Consider All Altcoins Bad
Post by: Bitbtc8 on December 07, 2019, 06:09:00 AM
Many altcoins are indeed bad projects or even scam and few ones that did better this year manages to introduce something new and they have better support as well, sero protocol and veil project are the new privacy coins this year and they are better than the old privacy coins, new features makes a coin better than the old


Title: Re: Why Consider All Altcoins Bad
Post by: Vishnu.Reang on December 07, 2019, 06:09:04 AM
Whether you like it or not, somewhere from 95% to 99% of all the altcoins are useless. On top of that, many of these coins are copycats or premined scams. Now let me ask you which group represents the term "altcoin". When you use the term altcoin, whether this 95%-99% comes to your mind, or do you think about the remainder (1% to 5% of the altcoins)?


Title: Re: Why Consider All Altcoins Bad
Post by: Genemind on December 07, 2019, 06:16:28 AM
I think it isn't appropriate to call all altcoins are bad. There are still multifunctional coins that have good potential. Sometimes, the most underestimated coins have a bigger capability. Yes, there are altcoins that we could consider as dead coins but we shouldn't look down on altcoins which could possibly provide a better profit for us in the future. It might not the best season for altcoins but it doesn't mean that they couldn't boom.


Title: Re: Why Consider All Altcoins Bad
Post by: jazmuzika217 on December 07, 2019, 06:18:39 AM
I think those people who say this are people or investors that have a very bad experience in unvesting and using altcoin but it doesn't mean that they have rights to say that. All we know that thee are so many altcoin. How can you say that without trying each one those altcoin. Our loss and income is based on our strategies and effort so do not say some things that can affect other.


Title: Re: Why Consider All Altcoins Bad
Post by: DabsPoorVersion on December 07, 2019, 06:24:36 AM
I think those people who say this are people or investors that have a very bad experience in unvesting and using altcoin but it doesn't mean that they have rights to say that. All we know that thee are so many altcoin. How can you say that without trying each one those altcoin. Our loss and income is based on our strategies and effort so do not say some things that can affect other.
They have the right to say whatever they want. Just let those kind of people to believe on what they believe. Those people might probably have a bad experience in altcoins but they don't yet to experience the true essence or can't even start making a profit in altcoins that's why they say things as that.


Title: Re: Why Consider All Altcoins Bad
Post by: jessyj48 on December 07, 2019, 06:27:53 AM
Not all altcoins are bad and this days people are just too lazy to do proper research on projects to find out how good they are, if you don't seek for answers you will never know how good a coin is and you will miss out


Title: Re: Why Consider All Altcoins Bad
Post by: Coyster on December 07, 2019, 06:32:02 AM
Even if the altcoins are not on the top ranks some are still performing well and many traders made money with them.
From the current altcoin market situation, this happened only in the past, I am also part of the traders who made money then through investing in altcoins, but I'm also one of them who has quit investing in altcoins for now.

Whether users agree that altcoins are bad or not, the truth is obvious, good altcoin projects are very difficult to find, they can surface and be all attractive, with seeming good intentions for the blockchain technology and the crypto world, but for the past one year now, they have all failed, crashed, scammed, made exit and done many things wrong. That's the reason for the tag that all altcoins are bad, and I wouldn't blame anyone who totally believes in that.


Title: Re: Why Consider All Altcoins Bad
Post by: sayaya17 on December 07, 2019, 06:48:58 AM
I also think that there are many good and honest projects out there because there are more than 3000 coins out there. There's no way we think all of that is a fraud project, it's impossible. fraudulent projects only damage the crypto and the good projects become impacted, so altcoin enthusiasts are now reduced and traders and investors are more attracted to bitcoin. Before the fraud project appeared, altcoin became the favorite choice for coins to trade other than bitcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: Aabcde on December 07, 2019, 06:53:48 AM
they say altcoin is bad because there might be a bad experience from themselves and altcoin. Or they could indeed generalize from all the altcoin prices that went down so it was labeled as bad. It is only a matter of faith. It doesn't matter what other people say as long as you believe altcoin isn't as bad as they think. In the world of trading, the ups and downs of prices is not a big problem, what is certain is that we can follow it and read it or not.


Title: Re: Why Consider All Altcoins Bad
Post by: adzino on December 07, 2019, 07:14:00 AM
I have never heard anyone saying all altcoins are shit/bad. In fact I have seen people using/recommending altcoins for making transactions at cheaper fee and faster confirmation. There might be some people "generalizing" all altcoins based on their some bad experience they have faced as a result of investing on shit coins. It all started when they invested on some random altcoins without getting to know about the coins. They probably saw the price skyrocketing, got interested, invested on it and then saw it getting dumped thus making huge loss.


Title: Re: Why Consider All Altcoins Bad
Post by: diazepam666 on December 07, 2019, 07:29:00 AM
When there is growth in Bitcoin you are not seeing Big growth in in alternate coins so everyone feeling that altcoins are not performing well in the marketplace.
Bump or dump this both are falling on the Bitcoin alone mostly altcoins falling alone instead of growing. So you guys should while you are going to invest on any cryptos, this is applicable for BTC also.


Title: Re: Why Consider All Altcoins Bad
Post by: CookieGums on December 07, 2019, 07:31:21 AM
I think you are the only one saying that all altcoins is bad because i think you experience a scam altcoin. In my experience, i also thought that many of the altcoins is bad but not all. It is because the numbers of them is too much to all have opportunity to become successful.


Title: Re: Why Consider All Altcoins Bad
Post by: ReiMomo on December 07, 2019, 07:43:38 AM
Not all in generalized that altcoins are bad but usually some of them are pointless and it's clear that didn't have used in the ecosystem and others are the redundant ideas from others. So technically, it is considered that some of them are bad, just like last year that all projects were launching are no value until today. Try to put bitcoin in your top priorities, not just the altcoins because they are not good to invest.


Title: Re: Why Consider All Altcoins Bad
Post by: AicecreaME on December 07, 2019, 07:46:08 AM
Nobody is saying "all altcoins are bad" but majority of altcoin projects are pointless to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk taking, atlesst 70% of my long term holding is in BTC.
 

I agree on this one. ICOs mostly have the same mission and vision when they are going to release a project in the market, including scam ICOs that are using sweet words in order to attract investors and make it look like a good one in the beginning, they are even copying others whitepaper and websites, so if you are going to pay attention in what you are doing, you're just going to screw up yourself.

We all have to be extra careful and be a good detective finding the holes in their project to expose their fake identity, to spread awareness to the public so that no one will ever get scam by those schemers.


Title: Re: Why Consider All Altcoins Bad
Post by: cryptoadept on December 07, 2019, 07:50:06 AM
That's some considerable thoughts out there! Indeed, majority of people didn't even do a quick research on a project, just call it scam because they didn't like it or didn't understand the idea. I keep an eye on XRP, EOS, and VEO, and boy, yeah, there are hiccups but they are rolling.


Title: Re: Why Consider All Altcoins Bad
Post by: boris singer on December 07, 2019, 07:50:28 AM
they say altcoin is bad because there might be a bad experience from themselves and altcoin. Or they could indeed generalize from all the altcoin prices that went down so it was labeled as bad. It is only a matter of faith. It doesn't matter what other people say as long as you believe altcoin isn't as bad as they think. In the world of trading, the ups and downs of prices is not a big problem, what is certain is that we can follow it and read it or not.

To break the monopoly in the crypto market requires competition from various altcoins, maybe bad assumptions come because the dominance of altcoin fail / fraud comes more, not all are bad but they simply cannot develop more intensively, this forms the average assumption that finally applies in the overall mindset.

In the end the trader is also more alert and starts playing safely only with clearer coins.


Title: Re: Why Consider All Altcoins Bad
Post by: rahmathidayat93 on December 07, 2019, 07:54:21 AM
Not all altcoins are bad and this days people are just too lazy to do proper research on projects to find out how good they are, if you don't seek for answers you will never know how good a coin is and you will miss out
Yes, not all coins that have been born are bad, because the good and bad of a coin can be known by examining it further,
so that we can judge whether a coin is good or bad.


Title: Re: Why Consider All Altcoins Bad
Post by: bonyaserg on December 07, 2019, 08:30:58 AM
Yes, there are many fraudulent projects on the market right now. And there was a feeling that there were no more good projects on the market. But don’t give up, you just need to look around a bit and understand that the cryptocurrency market is now in a very strange environment. Now you need to wait a bit when a serious period comes, and again very promising projects will appear on the market. And then almost every project will bring great success to users. And many will invest in different altcoins, where after some time these altcoins will bring excellent income.


Title: Re: Why Consider All Altcoins Bad
Post by: lienfaye on December 07, 2019, 08:39:43 AM
Not all altcoins are bad, the problem is many new projects are existing without purpose or use cases and just here like any other coins to accumulate money from investors.

Old well established coins has better offer to people and these coins can survive regardless of the status of the market its because they can solve real problem that people needed thats why they are supporting it.


Title: Re: Why Consider All Altcoins Bad
Post by: starblocks on December 07, 2019, 10:03:43 AM
Some alternatives offer great solutions that Bitcoin doesn't such as Ethereum which offers smart contract technology and Tron that is popular for dApps without which a lot of interested projects could not develop apps and products for other purposes so they are essential to the cryptocurrency ecosystem


Title: Re: Why Consider All Altcoins Bad
Post by: iram3130 on December 07, 2019, 10:56:51 AM
"Not all projects could be scam". I totally agree but what is the percentage to which the projects are useful compared to scams..? If you check the stats then you will see that more than 95% of the coins are created just to scam people. Thats why its a general say, alts are bad.


Title: Re: Why Consider All Altcoins Bad
Post by: Leonardo7 on December 07, 2019, 12:00:53 PM
I have never read any post that says all altcoins are a scam. Just that some bitcoinist are just angry at the rate different altcoins hit the market for the selfish reason and for personal gain, sadly most of these projects gradually die a raid death because they have no idea on innovation, only were interested in customers fund. I have always wonder why won't ICO team up with already existing projects and better the ecosystem! instead, od launching what may never stand the test of time.


Title: Re: Why Consider All Altcoins Bad
Post by: cryp24x on December 07, 2019, 12:05:19 PM
I do agree with you that not all altcoins are bad. It is just that some people who had bad experience with one, generalize it all. They are just ranting over the forum for what had happened to them about a scam project of a certain altcoin. There are still good coins and good projects out there, we just need to be very careful on choosing them.


Title: Re: Why Consider All Altcoins Bad
Post by: mrdeposit on December 07, 2019, 12:15:43 PM
"Not all projects could be scam". I totally agree but what is the percentage to which the projects are useful compared to scams..? If you check the stats then you will see that more than 95% of the coins are created just to scam people. Thats why its a general say, alts are bad.
In the unregulated market, we should accept this as normal. This system will continue as long as everyone can create a new token by paying the only 1WAVE. Also, look at marketcaps, not numbers, the value of the remaining 5% is many times higher than the other 95% scam.


Title: Re: Why Consider All Altcoins Bad
Post by: Coltpython on December 07, 2019, 12:19:12 PM
This is because the majority of altcoins are shit at the moment. Out of over 3000, maybe only a few like 20 or so altcoins really make any headway in terms of staying true to their project plans.


Title: Re: Why Consider All Altcoins Bad
Post by: Winscosinally on December 07, 2019, 12:19:27 PM
Many will say altcoins are bad and yes they are because we have too many bad altcoins in crypto space and people keep falling for them, altcoins always bring the biggest ROI but that is if the project is very promising enough


Title: Re: Why Consider All Altcoins Bad
Post by: Landak on December 07, 2019, 12:25:39 PM
I disagree. I think this is wrong, maybe those people misstated the meaning maybe erc20 token but they categorized it as altcoin even though it was clearly different. the fact that many cause problems and scams today is the project from erc20 tokens not from altcoin. precisely altcoin which has survived for a long time and still survives until now many are legit. different from the erc20 token project, profitable because of the hype at the beginning of the investment only, after that lost its volume and value (got dump sell).


Title: Re: Why Consider All Altcoins Bad
Post by: Baby Dragon on December 07, 2019, 12:31:01 PM
It is clear that not all altcoins are bad. They just have such a reputation because most of them turned out to be scammers. But it is impossible to speak so categorically, interesting projects still continue to appear.
Most of them are made to deceive people and take advantage of them that is why I can't also blame those people for thinking that way because they have bad experiences that makes them hard to trust and keep their faith in altcoins again but we don't have to generalize it. Some of them are still worth the risk and beneficial, we just need to find out which one. It's a bit difficult these days because of scam issues but as long as you know the things that you need to do to find out which is the best one then it's a great advantage for you. They can't just expect people to keep on trusting it despite of scams regarding it because most of them becomes a victim too and I know that it is kind of hard for them to change their perception because of what they have experience.


Title: Re: Why Consider All Altcoins Bad
Post by: Chuky92 on December 07, 2019, 12:40:31 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

No one has ever said ALL ALTCOINS are bad; no, anyone saying this is wrong. Isn't Ethereum an altcoin, isn't Stellar Lumens an altcoin too, even Binance Coin, aren't they among the top coins in the Coinmarketcap and proving to bring value as well.
I think what people might be trying to say is, a huge number of altcoins are bad, and if you visit most telegram groups you will see the truth even on exchanges, the truth is there for all to see. There are existing projects still standing strong and a few upcoming projects also trying to create a positive impact.


Title: Re: Why Consider All Altcoins Bad
Post by: andriarto on December 07, 2019, 12:44:04 PM
Many will say altcoins are bad and yes they are because we have too many bad altcoins in crypto space and people keep falling for them, altcoins always bring the biggest ROI but that is if the project is very promising enough
not all altcoins have a future like that, fewer potential altcoins, and we can analyze it before investing, because wrong investing in altcoin can result in your capital being depleted. but if you are good at choosing altcoin it will get a satisfactory return



Title: Re: Why Consider All Altcoins Bad
Post by: DaMut on December 07, 2019, 12:51:43 PM


No one has ever said ALL ALTCOINS are bad; no, anyone saying this is wrong. Isn't Ethereum an altcoin, isn't Stellar Lumens an altcoin too, even Binance Coin, aren't they among the top coins in the Coinmarketcap and proving to bring value as well.
I think what people might be trying to say is, a huge number of altcoins are bad, and if you visit most telegram groups you will see the truth even on exchanges, the truth is there for all to see. There are existing projects still standing strong and a few upcoming projects also trying to create a positive impact.
I have seen several people saying all altcoins are bad, those people are bitcoin maximalist. not only that, there is a people out there said cryptocurrency is a scam.
there is no right and wrong, it is all about our personal opinion. you have a different opinion with those people who do not believe in altcoin and cryptocurrency.


Title: Re: Why Consider All Altcoins Bad
Post by: smyslov on December 07, 2019, 01:33:26 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

I don't consider all altcoins as bad, only majority of these altcoins are bad, and people perceived that way, because of the so many scam reports, so many millions of dollar wasted and the list is quite long and many more adding to the list, there is huge money to be made in the Cryptocurrency, but unfortunately these scammers wants to have a big slice of the cake.


Title: Re: Why Consider All Altcoins Bad
Post by: tiang_tower on December 07, 2019, 01:33:31 PM
This is because the majority of altcoins are shit at the moment. Out of over 3000, maybe only a few like 20 or so altcoins really make any headway in terms of staying true to their project plans.
That's right, it's been almost two years that a lot of projects have given birth to unlucky altcoin, thus affecting the confidence of the cryptocurrency world in the eyes of investors, and that too has also affected the success of many crypto projects.


Title: Re: Why Consider All Altcoins Bad
Post by: gielbier on December 07, 2019, 02:08:54 PM
I have seen several people saying all altcoins are bad, those people are bitcoin maximalist. not only that, there is a people out there said cryptocurrency is a scam.
there is no right and wrong, it is all about our personal opinion. you have a different opinion with those people who do not believe in altcoin and cryptocurrency.
But if he holds altcoin and it turns out that the project is legit then it will be a pleasure to get a lot of profits from his investment with altcoin. And i am one of the people who still hold altcoin until now


Title: Re: Why Consider All Altcoins Bad
Post by: yanto@1977 on December 07, 2019, 02:19:29 PM
I believe no one say like that except they loss in trading or get new altcoin that has no market. Don't debate with people like that you'll get nothing. Altcoin help many people that fail with bitcoin and some of them find their best performance use altcoin. Keep positive about altcoin and see you next time.


Title: Re: Why Consider All Altcoins Bad
Post by: BitcoinHunt3r on December 07, 2019, 02:24:14 PM
I have seen several people saying all altcoins are bad, those people are bitcoin maximalist. not only that, there is a people out there said cryptocurrency is a scam.
there is no right and wrong, it is all about our personal opinion. you have a different opinion with those people who do not believe in altcoin and cryptocurrency.
But if he holds altcoin and it turns out that the project is legit then it will be a pleasure to get a lot of profits from his investment with altcoin. And i am one of the people who still hold altcoin until now
In investment like this, i think we should really confident with what we already choose. About what people said, especially when they said that all altcoins are bad, is only personal opinion and almost like speculation that other people can do and we must know we can do research with ourself and then make decision from it. Maybe listen other is good but not means we follow it.


Title: Re: Why Consider All Altcoins Bad
Post by: Palider on December 07, 2019, 02:44:20 PM
Maybe there are some people who say altcoins are bad,
But in my understanding they are saying this because the altcoin market is down and it has not fully recovered since 2017. And you are right not all altcoins are bad to invest becsuse there are other alts that have the potential to rise in price especially when the altcoin season is back. But I can say that many alts die and these are useless coins without (use cases, project idea and unique product)


Title: Re: Why Consider All Altcoins Bad
Post by: Inkdatar on December 07, 2019, 03:07:29 PM
I believe no one say like that except they loss in trading or get new altcoin that has no market. Don't debate with people like that you'll get nothing. Altcoin help many people that fail with bitcoin and some of them find their best performance use altcoin. Keep positive about altcoin and see you next time.
Indeed, those who said altcoins are bad are those who failed and loss in trading. This is why we have to evaluate the project that we have plan to invest from the first place. In order for us not to lose money invest in what we can afford to lose.


Title: Re: Why Consider All Altcoins Bad
Post by: desticy on December 07, 2019, 03:18:32 PM
It is impossible to say unequivocally that all alternative coins are useless. But we can say for sure that most of them are useless due to the fact that even at the time of its creation it was aimed at making money by its creator.
In addition, the cryptocurrency market itself is not free, which does not allow cryptocurrencies to develop separately about each other, this leads to the fact that the market moves in approximately the same direction, everything either falls or grows. The alternative coin market can be characterized only by the quality of projects, but not by their speculative value in the market.


Title: Re: Why Consider All Altcoins Bad
Post by: tartibaya on December 07, 2019, 03:39:56 PM
It is almost impossible to examine all subcoins. It makes more sense to select some projects and work on them. We will use our energy more efficiently. I'm missing opportunities, I think the idea is very wrong. I don't think it's the right plan to buy.


Title: Re: Why Consider All Altcoins Bad
Post by: kodtycoon on December 07, 2019, 03:48:18 PM
not at all, i don't consider all altcoins to be bad because even though we know there are many scam projects out there but not all altcoins projects are scam projects, bad projects are not necessarily scam because maybe there is a lack of interest in their products so they are indeed difficult to get investors due to lack of demand in the market. so i don't think we need to assume all altcoins are bad


Title: Re: Why Consider All Altcoins Bad
Post by: LbtalkL on December 07, 2019, 03:58:50 PM
There are so many altcoins created every week or every month I see new announcement/bounty thread here on bitcointalk. I cannot blame some people saying all altcoins is bad because in majority maybe in a count of 10 only 1 is good. Bitcoin alone is lonely, Altcoins gives colors to the blockchain world and it is designed to a specific need or use cases. Bitcoin cannot perform smart-contract, dapps. etc.


Title: Re: Why Consider All Altcoins Bad
Post by: rdewilde on December 07, 2019, 04:00:15 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

If some people say all altcoins are bad, why is ETH still existing for years now? Yes, most people live Bitcoin as it is the king and has proven to be over time, but there is still issues which other altcoins can help in solving thus the reason a coin like Eth is still active. Anyone saying such, is wrong shouldn't be listened to, nevertheless we have to be careful of these new altcoins coming out in their numbers, if they are 100 only less then 5 is legit.


Title: Re: Why Consider All Altcoins Bad
Post by: Doell on December 07, 2019, 04:02:48 PM
The majority of the altcoin that is available on the market is not progressing well that's why people think there are no good or reliable altcoins these days. A lot of investors suffer huge losses with altcoins so we can't blame them if they are thinking negative about the altcoin market.
as far as I know investors only look bad at the shit token project not on altcoin ,yeah I think not all altcoin is bad even what looks bad in people's eyes is not necessarily real bad and there still a lot of investor interest on a large scale for altcoin which maybe not all be focused invest on top capitalization only


Title: Re: Why Consider All Altcoins Bad
Post by: coin-investor on December 07, 2019, 04:03:55 PM
You did not do enough research to tell us that all altcoins are bad Ethereum, Eos ,Binance coin are all altcoins and yet they are performing great in the market, your title should be majority or most and not all, because if that is the case, Bitcoin is the only coin that is good when there are coins that are as good as Bitcoin, and the market can prove that.


Title: Re: Why Consider All Altcoins Bad
Post by: xZork on December 07, 2019, 04:09:15 PM
Not all altcoin projects are bad, but I think bad projects account for 90% of the entire market. 3000 coins is too much for the cryptocurrency market, most of them don't really solve any technology problems.
The development teams always make technology statements in their projects but they really do not do anything. That reduced the confidence of investors and made the market become a pile of rubbish.


Title: Re: Why Consider All Altcoins Bad
Post by: electronicash on December 07, 2019, 04:23:51 PM


there are users who truly believe in btc to be just the real one but when asked how will btc works when mass adoption finally happen when the early investors of BTC had over 500k of it while some only have less than a btc. the unequal distribution of wealth still exist even in crypto so by the time mass adoption happens, its the altcoins are going to be owned by most of the people who adopted it.  the altcoins that has usecase will have value that can be adopted for late comers which these altcoins are going to be considered good.


Title: Re: Why Consider All Altcoins Bad
Post by: judaspriest on December 07, 2019, 04:38:59 PM
There are so many altcoins created every week or every month I see new announcement/bounty thread here on bitcointalk. I cannot blame some people saying all altcoins is bad because in majority maybe in a count of 10 only 1 is good. Bitcoin alone is lonely, Altcoins gives colors to the blockchain world and it is designed to a specific need or use cases. Bitcoin cannot perform smart-contract, dapps. etc.
if the new thread is a new altcoin project, I think 90% of the new project is a scam,
but you can examine it first, do an analysis and see if they have strong fundamentals or not,


Title: Re: Why Consider All Altcoins Bad
Post by: btcdie on December 07, 2019, 05:22:07 PM
The fact that I received, altcoin is not very potential for the future, only a few, and even then if defeated with new technology and the community begins to forget, will eventually die. altcoin goals are entirely just a revised form of bitcoin or also as an adopter of blockchain technology. and what I received at the moment was just manipulation, I don't know why sometimes people are too greedy. but without altcoin, crypto-world would not be like the current development. so someone's assumption, altcoin is still needed by reason of the formation of new ideas and innovations, so as to create a community.


Title: Re: Why Consider All Altcoins Bad
Post by: wxa7115 on December 07, 2019, 06:09:49 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
What you say is precisely the reason why people generalize and say that all altcoins are bad, it is impossible that each person takes a look at the thousands of coins in the market an specifically tell the prospects of each coin, so we need to generalize and I ask you which of the next two statements is closer to the truth, all altcoins are very good projects or all altcoins are scams?

It is obvious that the second statement is closer to the truth and that is why people would think that all altcoins are scams even if we know that is not true but when a very large percentage of coins are scams and the rest are bad projects I cannot blame them for thinking like that.


Title: Re: Why Consider All Altcoins Bad
Post by: drumamat on December 07, 2019, 06:30:20 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Let's say I think not all altcoins are bad.At least the ones I know of are pretty good.But I don’t need to know all 3000. There is simply no time for research. I’m only interested in those altcoins that are rumored in the crypto space.


Title: Re: Why Consider All Altcoins Bad
Post by: biddicoin on December 07, 2019, 07:14:16 PM
This is because people tend to generalize bcz of one or a few mistake. This is part of mistake of thingking
we all know that many coins are just shit, not have value, bad dev, stolen money investors
bcz of that, many people are skeptical with coins and generalize that all coins are same

This is alson happen in altseason, just bcz of many coins pump, others coin even shitcoin can be pump too
sentiment takes the whole investors and traders behaviour


Title: Re: Why Consider All Altcoins Bad
Post by: CarnagexD on December 07, 2019, 07:40:17 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Let's say I think not all altcoins are bad.At least the ones I know of are pretty good.But I don’t need to know all 3000. There is simply no time for research. I’m only interested in those altcoins that are rumored in the crypto space.
The rapid growth of altcoins, as you have said over 3000 on which I think most are less substantial in the market, there is no really time to research that all but there are altcoins you can be heard growing, trending and whatnot and I think those are quite profitable to deal with. But also be careful with these altcoins, they are prone to fail while playing in the market, scammers are widely used it to scam people especially the beginners and altcoins are indeed less profitable than any leading cryptocurrencies like bitcoin and ethereum.


Title: Re: Why Consider All Altcoins Bad
Post by: Colt81 on December 07, 2019, 09:52:11 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Definitely not all altcoins are bad because there are still altcoins who makes a such good improvement that makes it worth it to hold them for a long term. It's true that 70 % or 80% of altcoins are not that good for investment, that is why other crypto users used to call them "shitcoins" because they don't have any good value.


Title: Re: Why Consider All Altcoins Bad
Post by: carlzec on December 07, 2019, 09:56:21 PM
Not all altcoins are bad. But there is a situation. They can't move independently of Bitcoin. I think it always makes sense to have a bit of Bitcoin. Bitcoin keeps the market under a lot of pressure. Robust altcoins can't show themselves.


Title: Re: Why Consider All Altcoins Bad
Post by: DaMut on December 08, 2019, 12:12:59 PM
But if he holds altcoin and it turns out that the project is legit then it will be a pleasure to get a lot of profits from his investment with altcoin. And i am one of the people who still hold altcoin until now
as I said, it is all about our personal opinion. I am doing the same thing, I still believe in altcoin even after seeing all of this dump and scam.
but calling people that do not have the same opinion as yours as wrong is wrong.


Title: Re: Why Consider All Altcoins Bad
Post by: GrosWesh on December 08, 2019, 01:22:02 PM
Some people, especially on this forum, have an excessively bad behavior towards altcoins. I understand that the name of this forum is 'Bitcointalk' but sweeping away all other cryptos is too simple.


Title: Re: Why Consider All Altcoins Bad
Post by: lionheart78 on December 08, 2019, 01:26:53 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Probably most of these altcoins are scams and people of thought of it were victims of this scam.  We cannot remove this kind of point of view in a victim but we can at least encourage them that not all cryptocurrency is bad and that there are few that were good and very promising.


Title: Re: Why Consider All Altcoins Bad
Post by: MancyZz on December 08, 2019, 01:44:42 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Let's say I think not all altcoins are bad.At least the ones I know of are pretty good.But I don’t need to know all 3000. There is simply no time for research. I’m only interested in those altcoins that are rumored in the crypto space.
The rapid growth of altcoins, as you have said over 3000 on which I think most are less substantial in the market, there is no really time to research that all but there are altcoins you can be heard growing, trending and whatnot and I think those are quite profitable to deal with. But also be careful with these altcoins, they are prone to fail while playing in the market, scammers are widely used it to scam people especially the beginners and altcoins are indeed less profitable than any leading cryptocurrencies like bitcoin and ethereum.
Many consider that Altcoin is not what it is, but rather considers it to be an unfunctioning ad. Instead of intending to study the state of the altcoins, most of them simply captured the raw notion that dropped the dignity of the Altcoin. As savvy investors they're good at reflecting market conditions and understanding the way the market Rus is. Altcoins which are considered trivial are able to awaken the advances that captivate the strong Cryptocurrency market.


Title: Re: Why Consider All Altcoins Bad
Post by: aioc on December 08, 2019, 01:55:56 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

The word we can use is had enough, investors are had enough of so many useless and shitcoins coming and in the market, so we cannot blame many of these investors for criticizing that the market is being flooded by so many bad coins because that is what they are seeing and many investors are experiencing lost from the market.


Title: Re: Why Consider All Altcoins Bad
Post by: lousie9 on December 08, 2019, 01:56:18 PM
not only you, but we all also expect the best project in this crypto space. but other facts say that most new projects end in fraud and maybe thousands of new coins don't have good price development and even feel like dead. in my opinion if you want to invest with altcoin it's better to choose the top altcoin that is clearly on the market and many are using it for long-term investment, at least to minimize your investment losses.


Title: Re: Why Consider All Altcoins Bad
Post by: el kaka22 on December 08, 2019, 02:30:18 PM
People do not consider ALL projects and altcoins as bad, they just don't feel like trying to find the one good altcoin on 1000 bad ones. For example, nobody really has anything bad to say about ethereum, it is a nice coin, neither for litecoin, eos, and stuff like that, those coins are quite good.

However, when you go out of top 10 and reach to 50's and 100's on that list, it becomes very difficult to know the difference between a coin that is horrible and a coin that is really good. I personally feel like maybe we should focus on improving the current good ones we already have instead of making money for the lowly coins that will probably not be any good at all.

If we paid billions of dollars for the improvement of ethereum for example we would have something insane, instead of thousands of small coins.


Title: Re: Why Consider All Altcoins Bad
Post by: masterrex on December 08, 2019, 02:35:02 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
You cant blame them for that reason, maybe they have a bad experiences with those altcoins that resulting in generalization of personal judgement. I also believe that not all altcoins are bad, some are indeed bad but not all of them some are good and has created for a purpose to solve a problem in the mainstream arena. everyone is entitled with their own opinion. so we should respect that.


Title: Re: Why Consider All Altcoins Bad
Post by: mamahdedeh on December 08, 2019, 02:44:41 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
You cant blame them for that reason, maybe they have a bad experiences with those altcoins that resulting in generalization of personal judgement. I also believe that not all altcoins are bad, some are indeed bad but not all of them some are good and has created for a purpose to solve a problem in the mainstream arena. everyone is entitled with their own opinion. so we should respect that.
most altcoins aren't feasible, but not all altcoins are bad. therefore we must be able to sort out the worth of altcoin to be invested, because many altcoin projects are not really carried out really by the developer, and eventually will die by itself. therefore don't waste our money in vain, by choosing altcoin on the top ranking it will be better





Title: Re: Why Consider All Altcoins Bad
Post by: worle1bm on December 08, 2019, 02:48:14 PM
Most of the altcoins have been potrayed as non profitable coins or with no potential due to the failure of many new projects that have no service or utility to offered to general public and coin will not survive long in the market and thats why they are dead before intialization or listing on exchange.But in actual not all altcoins are bad but the fact is that they have suffered huge dumps over these two years which have undervalued them but soon they will get recognization and prices will pump once again so have patience for them.


Title: Re: Why Consider All Altcoins Bad
Post by: Ahimoth on December 08, 2019, 02:51:27 PM
This can be considered as bad due to more instances that people fall on promises, and eventually it doesn't gather good results for the long period of time. Some project tend to lose hope and yet most of altcoins whose launched after ICO failed so bad. That's mainly the reason why people lost trust with altcoins nowadays.


Title: Re: Why Consider All Altcoins Bad
Post by: garyrowe on December 08, 2019, 04:05:30 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
It is a case of different folk, to some all Altcoins are scam and not worth holding for any reason probably because one or two projects they knew about has exited scam or the price of an Alt they once believed in drop in price and yet to recover back to their buying point as a result they see all Altcoins as scam or shitcoins. I bumped into a statement on telegram where an individual argued that the only decentralized currency is bitcoin while others are shitcoins as he believes they are all centralized.
Link: https://t.me/keybasechat/3131
It is clearly a case of different strokes for different folks.


Title: Re: Why Consider All Altcoins Bad
Post by: Ducky1 on December 10, 2019, 09:55:39 AM
I agree that not all projects are bad, how many people, so many opinions. There are a sufficient number of worthy projects that have established themselves in the market. Always check the information yourself.


Title: Re: Why Consider All Altcoins Bad
Post by: griffinf683 on December 10, 2019, 10:11:44 AM
Its always best to do some research on a project that you wanna invest to. Dont rush into something you will regret in the future. Thats wasting time and money. Its okay to just be in a project you know you can trust and that will give you something in return in the future.


Title: Re: Why Consider All Altcoins Bad
Post by: michellee on December 10, 2019, 12:17:39 PM
I agree that not all projects are bad, how many people, so many opinions. There are a sufficient number of worthy projects that have established themselves in the market. Always check the information yourself.


Although not all projects are bad, we are difficult to find a good project because there is no right information on which project that can run until the project can finish every phase and reach their goals. We don't know, and we are difficult to select the project because we have a bad experience before, and that makes some of us are very careful to join or invest in the new project. But if we are trying to choose the old altcoin or the altcoin which has a good history in the market, then we might make a profit with them.


Title: Re: Why Consider All Altcoins Bad
Post by: Doranile432 on December 10, 2019, 12:23:27 PM
Its no doubt that people aren't up for the challenge to start finding one or two good altcoins out of a thousand bad altcoins, on my own side i prefer to keep digging, i never expected anything to come easily, my mindset is different and i belief i will nailed it big


Title: Re: Why Consider All Altcoins Bad
Post by: pidie on December 10, 2019, 12:26:47 PM
In my opinion, not everyone sees altcoin as bad. one such indication is because a little bit of altcoin is of no value, thus making people bored and frustrated. Moreover, altcoin prices are not stable on the exchange.


Title: Re: Why Consider All Altcoins Bad
Post by: Byakuga on December 10, 2019, 12:29:22 PM
Many investors are saying altcoins are bad because of the experience they had while investing on them, many still lack how to do better research on projects till date because they don't want ti learn but they want to earn, this is why they keep having bad experience


Title: Re: Why Consider All Altcoins Bad
Post by: meliodas on December 10, 2019, 01:23:08 PM
If you are saying that altcoins are bad then you are a bad investor or trader because if you are making profit from investing or trading altcoins then you will not say that all of them are bad. It is up to you on how are you going to react with the market volatility and how are you going to make your best strategy in terms of entering and exiting from the market to secure your profit.


Title: Re: Why Consider All Altcoins Bad
Post by: vanya.pronin.1983 on December 10, 2019, 01:24:25 PM
Not every single altcoin is bad, but the general picture of altcoins is depressing. ETH cannot overcome 160 mark for months, LTC, EOS, DASH are swimming somewhere without any sign of improvement for years.


Title: Re: Why Consider All Altcoins Bad
Post by: tiang_tower on December 10, 2019, 01:32:45 PM
Not every single altcoin is bad, but the general picture of altcoins is depressing. ETH cannot overcome 160 mark for months, LTC, EOS, DASH are swimming somewhere without any sign of improvement for years.
Yes, indeed not all altcoins are bad, because this month there is also an altcoin that is rising in price, I see it through the bituniverse application that I use on my smartphone, just because most altcoins are falling in price so that what is going up is as if the price is not looks to the public, and makes judgments to all altcoins worse.


Title: Re: Why Consider All Altcoins Bad
Post by: arimamib on December 10, 2019, 01:38:22 PM
If you are saying that altcoins are bad then you are a bad investor or trader because if you are making profit from investing or trading altcoins then you will not say that all of them are bad. It is up to you on how are you going to react with the market volatility and how are you going to make your best strategy in terms of entering and exiting from the market to secure your profit.
sometimes mistakes do exist in investors and traders, because they are not able to do research in the market and cannot understand the concept of price movements. even if he understands it will not always benefit but he certainly has benefited


Title: Re: Why Consider All Altcoins Bad
Post by: Bezobraznike on December 10, 2019, 01:45:53 PM
Not every single altcoin is bad, but the general picture of altcoins is depressing. ETH cannot overcome 160 mark for months, LTC, EOS, DASH are swimming somewhere without any sign of improvement for years.

   I think you are wrong, just 3 years ago you could buy ETH, LTC, Dash and many others under 10$, look where they are now, and
check their ATH. Crypto-market is that faze now, bearish, but that will pass and prices will start growing again. Prices don't rise all
the time, and prices don't rise when we wish them to rise. We need to be patient and our time will come again!


Title: Re: Why Consider All Altcoins Bad
Post by: mirgo1791 on December 10, 2019, 01:53:31 PM
worse people from indonesia speaks of poor english but they tries to meet him as i decide not to work with them but also to avoid him to get closer on me as might the chance should distinguished level of dignity ; on their decision as they comes with lower level of absence but not to gains closer as i have to focus with work on my startup project of the DOGEM plan.


Title: Re: Why Consider All Altcoins Bad
Post by: BuNga_cute on December 10, 2019, 02:23:19 PM
Indeed, there are so many scam projects, but not all projects are scam. There are some that are indeed good projects that can provide
big profit. Or maybe because of seeing the condition of the market altcoins that are currently experiencing a decline, assume all altcoins
bad. This is a wrong thought, because altcoins are now on the market down due to the influence of bitcoin prices. Because altcoins prices
follow bitcoin price movements. So it's not because all altcoins are bad. If the price of bitcoins later gets up and returns to the price of
$ 10,000, the price of altcoins will definitely improve. Now we just need to be patient.


Title: Re: Why Consider All Altcoins Bad
Post by: BeManga on December 10, 2019, 02:52:28 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
some user experience consecutive failure in different altcoin in past few years
a lot of projects turn to scam thats why you can't blame them if it is hard for them to trust new project again
i know there are really some good project like those in the top of market cap
but for new altcoin, it still hard to trust them because until now there still a lot of scam happening in the new projects
in my opinion, its better to stay away from the new projects for the meantime




Title: Re: Why Consider All Altcoins Bad
Post by: spadormie on December 10, 2019, 02:55:12 PM
Most people are considering all alts are bad. Actually generalizing the thought makes it harder for newbies to understand cryptocurrency as many people could bring confusion by upholding once opinion. What I think the root of the problem is people having favoritism when it comes to their chosen altcoin. They wanted to pursue on what they believe and do not care on other's opinions. And if they do, they'll just even more will shill their coin.


Title: Re: Why Consider All Altcoins Bad
Post by: sangjoewara on December 10, 2019, 03:09:35 PM
Its always best to do some research on a project that you wanna invest to. Dont rush into something you will regret in the future. Thats wasting time and money. Its okay to just be in a project you know you can trust and that will give you something in return in the future.
Right, and I totally agree with what you say, because it won't be a problem if we follow a different project from other people, because we have done specific research on the project that we are taking, and that too for our own future rewards. .


Title: Re: Why Consider All Altcoins Bad
Post by: longyenthanh on December 10, 2019, 03:42:15 PM
Altcoin name was destroyed by too many scammers and its because of them investors are reluctant in putting faith back in Altcoins/ICOs. But this doesnt mean there are not many good projects in crypto world. You really have to work hard to find a project that is scam free. Spend time, DYOR and you will get many interesting projects


Title: Re: Why Consider All Altcoins Bad
Post by: joshua123 on December 10, 2019, 03:52:30 PM
ICOs the reason how the market has been shaped. In fairness only btc stand along the way. Think of it, if the marker is composed solely of btc and no altcoin then there is no crypto market and even investors will not probably focus on trading btc alone with stablecoin. So altcoin can help shaped the market as neutral position. If its bad then believe it.


Title: Re: Why Consider All Altcoins Bad
Post by: Firefoxx on December 10, 2019, 04:27:15 PM
Not all altcoins are bad, I have seen very good and potential altcoins in the market and they have as well fetched good money for investors and Exchange including team so we have goo altcoins and bad ones too


Title: Re: Why Consider All Altcoins Bad
Post by: bittraffic on December 10, 2019, 04:42:05 PM


We all blame it to the bear market that made some altcoins dead which is why more people are seeing altcoins to be bad in cryptocurrency. What I'm surprise to see is that an ICO adviso who had been guiding teams who develop projects and tokens are not agreeing that 99.9% of the altcoins in crypto are scam.  Isn't that one of the craziest shit I've heard.

Many people had invest in ETH, LTC, BNB, EOS, TRON, ADA and XMR so on, assuming 20M investors, are they going to be wrong to invest to these coins?


Title: Re: Why Consider All Altcoins Bad
Post by: Cekerula on December 10, 2019, 05:23:28 PM
can you name the top 4 coins that you consider the best of the thousands of coins that have been listed in the crypto market? but the reality is like that, that investing with top or altcoin coins that have been widely used like BTC, Ethereum, eos, Litecoin & BinanceCoin is a good choice. they are all one of the assets that I trust for future investment.


Title: Re: Why Consider All Altcoins Bad
Post by: cryptoknightt on December 10, 2019, 06:23:22 PM
yes, that should be, because alt was created to advance the cryptography industry, if there were no new projects, there was no need for development and i think it is impossible for us to still need development.


Title: Re: Why Consider All Altcoins Bad
Post by: Aikidoka on December 10, 2019, 06:29:16 PM
Not all the altcoins are bad, but most of them are so bad because they weren't really promoted well and they just lost their value after a few months of launching. It's mostly depends on the team and how strong the project. I meant the team should be serious and present a good project to make it succeed otherwise it will fail and lost the value of it.


Title: Re: Why Consider All Altcoins Bad
Post by: tartibaya on December 10, 2019, 06:51:48 PM
Everybody wants to make money. Altcoins aren't all bad. But the fact that prices constantly fall or rise is the reality of the market. Did you hear the name Files.fm? I think they run a very successful project. The Tokens Exchangeler are not traded. They provide cloud storage. I think it's a successful project.


Title: Re: Why Consider All Altcoins Bad
Post by: Kersh768 on December 10, 2019, 10:12:24 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Indeed. The thought of saying "Altcoins" sometimes or let us just say most of the time give a bad meaning to most of us like saying out the word ICO, the first thing that comes into the mind of an individual who have experienced being scammed or fooled causes them trauma and have that self realization that ICOs are scam so do Altcoins because it come from ICO projects. It do have a point that Altcoins come from those but not all projects are fail or scam so do Altcoins. We must not embody that thought of generalizing that all Altcoins are bad because they are not. It will be clearly acceptable if most of the Altcoins are bad but not all because there are still some Altcoins which are good and worthy to be invested and purchased with. You just need to seek for it carefully.


Title: Re: Why Consider All Altcoins Bad
Post by: stephanirain on December 10, 2019, 11:27:49 PM
Nobody is saying "all altcoins are bad" but majority of altcoin projects are pointless to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk taking, atlesst 70% of my long term holding is in BTC.
 

It became tiring and boring with these copycat projects and many investors are losing interest along the way. We all seeks potential but almost all we can see are people who just want to be rich. Altcoin industry is only getting worse as the number of "failed" projects piles up.


Title: Re: Why Consider All Altcoins Bad
Post by: sapnu on December 11, 2019, 12:00:03 AM
Nobody is saying "all altcoins are bad" but the majority of altcoin projects are pointless, to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk-taking, at least 70% of my long term holding is in BTC.
 

It became tiring and boring with these copycat projects and many investors are losing interest along the way. We all seek potential but almost all we can see are people who just want to be rich. Altcoin industry is only getting worse as the number of "failed" projects piles up.
They are maybe thinking that altcoin is not really good because they experienced downfall as of now. Making them not profitable at a time like this. But it is actually normal, as we all know about this volatility of cryptocurrency. They think that altcoins are not good just because they cannot earn. But if they believe that they can and wait for the right time that the market recovers, I can say that they can earn because I experienced it myself, joining different bounty campaigns to promote it and they will pay me for the job I have done by giving tokens, but that is not your money because you have to wait for an exchange.


Title: Re: Why Consider All Altcoins Bad
Post by: Maslate on December 11, 2019, 12:23:01 AM
Nobody is saying "all altcoins are bad" but the majority of altcoin projects are pointless, to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case.   I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk-taking, at least 70% of my long term holding is in BTC.
 

It became tiring and boring with these copycat projects and many investors are losing interest along the way. We all seek potential but almost all we can see are people who just want to be rich. Altcoin industry is only getting worse as the number of "failed" projects piles up.
They are maybe thinking that altcoin is not really good because they experienced downfall as of now. Making them not profitable at a time like this. But it is actually normal, as we all know about this volatility of cryptocurrency. They think that altcoins are not good just because they cannot earn. But if they believe that they can and wait for the right time that the market recovers, I can say that they can earn because I experienced it myself, joining different bounty campaigns to promote it and they will pay me for the job I have done by giving tokens, but that is not your money because you have to wait for an exchange.
I used to make big profits from altcoins because of the different projects i have joined before but when the market turns red, their value have dropped so down. But i believe that altcoins will still recover in the latter part. Patience is really the best virtue for now. We just have to be very patient to finally wait for the perfect moment for altcoins.


Title: Re: Why Consider All Altcoins Bad
Post by: nicolas1979 on December 11, 2019, 12:29:09 AM
People who say that have bad experience with altcoin but some people has good profit from there. As long trader/ investor can manage the risk everything will be fine. Most of us say altcoin is bad because natural disaster such as like scam or listing with low volume. Nothing wrong with altcoin just try with another method and good luck to you.


Title: Re: Why Consider All Altcoins Bad
Post by: anjiitem on December 11, 2019, 11:54:38 AM
Not all altcoins are bad, there are some altcoins that have the opportunity to make a profit. I think many people think that investing in altcoin is a bad idea or as is the wrong thing, maybe they get a loss from the investment or trade they do so they think that all altcoin is bad and feel tired to re-invest


Title: Re: Why Consider All Altcoins Bad
Post by: radjie on December 11, 2019, 01:09:36 PM
there are still many honest and responsible projects regarding coins to be developed, therefore not all altcoin can be said to be bad even though there are currently many fraudulent projects that only take advantage of investors who invest in them. there are still high-quality and potential projects because they are able to work optimally with the professional teams involved to develop related projects


Title: Re: Why Consider All Altcoins Bad
Post by: Pinkris128 on December 11, 2019, 03:33:54 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Not all people generalizes that all altcoins are bad. The only reason why some people hates altcoins badly because most of it are not worth to buy that they didn't have a good future to increased it's price like bitcoin. But there are still altcoin are worth to buy like ETH, BNB, LTC, BCH, XRP, etc because these coins are top altcoins in the market, that is why they are worth for long term investment.


Title: Re: Why Consider All Altcoins Bad
Post by: ACTrend on December 11, 2019, 04:23:13 PM
Hey. The fact is that when an investor fails in any of the projects, they immediately speak about all altcoins. Really worthwhile projects are not so many. Most were created with the aim of earning when there was an opportunity. But there are good projects working. The only bad thing is that the time is now hard for cryptocurrency and projects.


Title: Re: Why Consider All Altcoins Bad
Post by: perfect999 on December 11, 2019, 04:39:35 PM
Nobody is saying that all altcoins are bad, there are so many good altcoins. The thing is that most of them are not to be trusted, there are lots of altcoins that die every year and you wouldn't like to end up investing in any of those bad projects. Even the ones we consider the best are starting to fail us this time. I once considered Zcash one of the best coins there is, but looking at what it has turned out this time around is quite discouraging and XRP too, despite having lots of partnerships this year, it the coin still failed, with the team giving us hope that it will rise again.

So when you look at all these, you will come to the conclusion that Bitcoin is the only coin that is doing the most. Others are pretty much a waste of time, but no one is saying that they are scam - they are not a scam projects, but it's not every legit project that is profitable.


Title: Re: Why Consider All Altcoins Bad
Post by: Mighty_crypt on December 11, 2019, 04:41:08 PM
Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here


Title: Re: Why Consider All Altcoins Bad
Post by: crisanto01 on December 11, 2019, 05:03:03 PM
Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here

That's why we should always be careful with the new projects and don't trust them easily, many people are taking for granted by running a project without any knowledge, they are just after the money that they will raised and later on they will run away and will tell people that the project failed and most of the altcoins don't care about the price too.


Title: Re: Why Consider All Altcoins Bad
Post by: mr_random on December 11, 2019, 05:08:24 PM
Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here

That's why we should always be careful with the new projects and don't trust them easily, many people are taking for granted by running a project without any knowledge, they are just after the money that they will raised and later on they will run away and will tell people that the project failed and most of the altcoins don't care about the price too.
New projects with reliable ideas have a high chance to survive in the worst cases, meaningless projects have a cop-paste whitepaper-tale. Bigger doesn't equal to the better, the high marketing funds have to come back as in investment mean. Better not to touch the new projects, if the investor doesn't have an idea what is possible in the worst cases. Better safe than sorry.


Title: Re: Why Consider All Altcoins Bad
Post by: enhu on December 11, 2019, 06:44:41 PM
Scammers are making lot from new projects, investors invest and scam teams dump and exit scam, few months later this same people are the ones that introduce another scam projects over and over again, newbies falls a lot for scam projects but lack of research is the main issue here

That's why we should always be careful with the new projects and don't trust them easily, many people are taking for granted by running a project without any knowledge, they are just after the money that they will raised and later on they will run away and will tell people that the project failed and most of the altcoins don't care about the price too.
New projects with reliable ideas have a high chance to survive in the worst cases, meaningless projects have a cop-paste whitepaper-tale. Bigger doesn't equal to the better, the high marketing funds have to come back as in investment mean. Better not to touch the new projects, if the investor doesn't have an idea what is possible in the worst cases. Better safe than sorry.

You can't blame them for seeing altcoins to be bad because altcoin projects in the past and even new projects today were just there to get more money from unsuspecting investors. When the new projects are listed in the exchange, most of them were dumped. This is why the ones who use to invest in altcoins are now just into BTC as its safer than altcoins.





Title: Re: Why Consider All Altcoins Bad
Post by: Longthi_4823_Love on December 11, 2019, 06:52:35 PM
There are very few good altcoins that are growing and working stably at the moment, and most are bad altcoins that try to exist but do not make sense. Over 3000 bad altcoins is an alarming number.  :(


Title: Re: Why Consider All Altcoins Bad
Post by: Nguyenthanh2391 on December 11, 2019, 06:54:49 PM
I think the current altcoins are mostly bad and should not be invested in. only a few altcoins still have a slight chance to exist in this heat market but not too potential. Must choose investment carefully.


Title: Re: Why Consider All Altcoins Bad
Post by: baeva2 on December 11, 2019, 07:18:19 PM
I think that arguing that all 3,000 altcoins are bad is wrong. How can we know how this or that coin will behave when the “bull market” comes? The developers of many projects do not sit still, but continue to work on promoting their projects and their coins at this difficult time and this will give a positive result when the situation changes in the cryptocurrency market for the better.


Title: Re: Why Consider All Altcoins Bad
Post by: sorrros on December 11, 2019, 07:24:28 PM
You do not have to be worried about it, bear market will clean or bad and dead projects and with next bull run we will see which altcoins are strong enough and which will give us again huge profits.


Title: Re: Why Consider All Altcoins Bad
Post by: wxa7115 on December 11, 2019, 07:51:53 PM
Altcoin name was destroyed by too many scammers and its because of them investors are reluctant in putting faith back in Altcoins/ICOs. But this doesnt mean there are not many good projects in crypto world. You really have to work hard to find a project that is scam free. Spend time, DYOR and you will get many interesting projects
The scammers are a huge problem when it comes to the altcoin market but they are not the only ones that are guilty of the situation, there are also many developers that did not have the necessary skills to create a successful project and despite all of this they decided to create their own coin thinking that they will figure out somehow only to discover that it was even harder to make the project a success than what they thought originally.

So those two factors have been key to lose the confidence of investors over time and since it is unlikely that those two factors are going to change then most likely the market of altcoins is going to remain in a bad shape for a long time.


Title: Re: Why Consider All Altcoins Bad
Post by: Ezravdb on December 11, 2019, 08:03:14 PM
most projects only make money by cheating, not pay attention to the development of the project. they went and the biggest fraud this year, some projects get a sizeable income on token sales. maybe this initiative makes people think Altcoin is a bad idea to invest.


Title: Re: Why Consider All Altcoins Bad
Post by: dimonstration on December 11, 2019, 08:11:17 PM
You do not have to be worried about it, bear market will clean or bad and dead projects and with next bull run we will see which altcoins are strong enough and which will give us again huge profits.
This should be note if we want to know whether our investment in altcoin is a good choice as I experienced it after the 2017 bull run. And by 2018 many altcoins didn't have any update  on their product and their system. We will know whether we need already to stop our losses.


Title: Re: Why Consider All Altcoins Bad
Post by: biddicoin on December 11, 2019, 09:38:46 PM
most projects only make money by cheating, not pay attention to the development of the project. they went and the biggest fraud this year, some projects get a sizeable income on token sales. maybe this initiative makes people think Altcoin is a bad idea to invest.
but there are still good projects here, so that's what OP wanna said that not all project is BAD
Lookin' at high cmc, there are good project which develop crypto to mass adoption. But, shit project makes bad image to the good one


Title: Re: Why Consider All Altcoins Bad
Post by: memedennis on December 12, 2019, 03:53:25 PM
 I think its from their past experience with altcoins , but in the real sense of it not all Altcoins are valueless, some still have good real life usage and are not that bad to invest in. It also depends on activities of  the project owners. 


Title: Re: Why Consider All Altcoins Bad
Post by: Barbut on December 12, 2019, 04:48:51 PM
I think its from their past experience with altcoins , but in the real sense of it not all Altcoins are valueless, some still have good real life usage and are not that bad to invest in. It also depends on activities of  the project owners. 

I think the same, some people had bad luck with some altcoins and they classified all other as same. But it's just their experience, bad experience, and instead to admit their mistake they blame all others. They need to review their actions and to try to do a better research next time they plan to invest money in some unknown altcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: kodtycoon on December 12, 2019, 05:53:55 PM
indeed we will not be able to examine and research projects one by one because in the end we will be too late to start investing because it takes too long to research each project, let's make it simpler by only researching projects that are becoming trends in the community, then so that time management will also be more efficient with investments made appropriately with good projects because of the popularity itself


Title: Re: Why Consider All Altcoins Bad
Post by: ableh on December 12, 2019, 06:20:02 PM
Bad and good altcoin depends on how you manage it lol. Even though you think that altcoin that you currently hold is included in the best category, but if its value in the market continues to decline, you should immediately sell it. Do not keep quiet and hope the price will return.


Title: Re: Why Consider All Altcoins Bad
Post by: letyouearn on December 13, 2019, 06:08:36 PM
People usually consider some altcoins bad when they drop in price dramatically, lol :)
None of them cares about the technology in fact, the price should always grow - that's the main option here :)


Title: Re: Why Consider All Altcoins Bad
Post by: Mianae on December 13, 2019, 06:32:50 PM
This generalisation stems from the fact that Altcoins are easily attributes to loss of funds on the investors part. Mostly are scam others are proliferated with nothing new. Most Altcoins brings no solution the life.


Title: Re: Why Consider All Altcoins Bad
Post by: Jercyhora2 on December 13, 2019, 08:25:08 PM
The term you use "ALL" is the wrong word used. Not all altcoins is bad, because we all know that every coin has different usability same with their scability so its up to developer how they manage to make the coin more useful to each and everyone. But there`s some cases that some coins / token promote best product, service, and usability but still and up of beng  scam.. So we just need to more background research to lessen the risk of being involve in one project


Title: Re: Why Consider All Altcoins Bad
Post by: Capt00 on December 13, 2019, 10:05:00 PM
Bad and good altcoin depends on how you manage it lol. Even though you think that altcoin that you currently hold is included in the best category, but if its value in the market continues to decline, you should immediately sell it. Do not keep quiet and hope the price will return.
It surely I'm not like that. Though having such action will save us from losing it today but, what if it soars high by tomorrow? Will you buy it again?
To know that fact that these coins I am holing now have a huge possibility that its prices will pump anytime, I will keep it even the price will dump today cause I know and I believe that I'll paid off in the future.


Title: Re: Why Consider All Altcoins Bad
Post by: cutesgirl on December 13, 2019, 11:34:11 PM
Bad and good altcoin depends on how you manage it lol. Even though you think that altcoin that you currently hold is included in the best category, but if its value in the market continues to decline, you should immediately sell it. Do not keep quiet and hope the price will return.
It surely I'm not like that. Though having such action will save us from losing it today but, what if it soars high by tomorrow? Will you buy it again?
To know that fact that these coins I am holing now have a huge possibility that its prices will pump anytime, I will keep it even the price will dump today cause I know and I believe that I'll paid off in the future.
Bad moment for altcoin last two years always with lower price although bitcoin have higher price last year but altcoin keep dominance with lower price, many thing why can make altcoin keep stable with lower price because not serious team and developer how t manage their altcoin keep on higher price with buy back after their coin have lower price and burning altcoin supply can increase with altcoin become higher price.


Title: Re: Why Consider All Altcoins Bad
Post by: sehoon on December 13, 2019, 11:44:41 PM
I haven't seen any people here say that all the altcoins are bad. But one thing is similar which is they are saying that most of the altcoins are bad. And it's primarily because of how they run their projects and just a copy of another project that didn't even work. When it comes to investing, sticking in to the top 50 is the best choice.


Title: Re: Why Consider All Altcoins Bad
Post by: awakpane on December 14, 2019, 01:00:10 AM
One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.


Title: Re: Why Consider All Altcoins Bad
Post by: Jocuserious on December 15, 2019, 05:45:51 AM
How? I think nobody can says that all altcoins bad because more and more altcoins here good position check cmc top list. So don't be confused if you have good skills then you can choice more good altcoins but real this more new project bad, so don't compare new project to old altcoins.


Title: Re: Why Consider All Altcoins Bad
Post by: Balladtony77 on December 15, 2019, 06:33:43 AM
Many altcoins are useless and their use case are not good enough, this is not the only problem affecting altcoins, team members have a big role to play in the life of a coin and if they aren't pro enough it will fail


Title: Re: Why Consider All Altcoins Bad
Post by: hello_good_sir on December 15, 2019, 09:31:59 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

There are reasons, both rational and irrational, to why people think that alts are bad in general.

Obviously it doesn't help to generalise anything, and the alt market is no exception. However ICOs have always had a bad reputation given the sheer amount of unregulated ones out there, and ICOs have injected the most variety of coins into the market during the 2017-2018 period than any other founding method.

There are certain projects that are legitimate and have long term aspirations, but it's not wrong to assume most are simply short term money making tools for their founders.


Title: Re: Why Consider All Altcoins Bad
Post by: jcarlo on December 15, 2019, 09:56:36 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Many people think that altcoin is a scam because they have lost money investing in altcoin that doesn't have a good developer. Investing in cryptocurrency has a high risk and that risk will increase if investing in altcoin but we can minimize that risk if we invest in altcoin that already has a product or altcoin that has a large market cap value and large daily transactions


Title: Re: Why Consider All Altcoins Bad
Post by: drumamat on December 15, 2019, 12:54:32 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Of course there are a lot of promising altcoins.For myself, when choosing an investment, I choose projects according to certain criteria.If I see that the project really solves some specific problems, or will be very interesting for a wide range of people-it is a clear sign to make an investment.So there is no time to be discouraged at all)


Title: Re: Why Consider All Altcoins Bad
Post by: Mega_crypto on December 15, 2019, 02:17:37 PM
Maybe we are dealing with a low qualification of investors, or lack thereof at all, as a result we make premature conclusions that all altcoins lead to losses, it’s not so, who worked in the stock market knows that a bearish trend can last for years, leading to the ruin of even experienced investors , and in order to save money in such conditions two things are needed - risk management and investment strategy.


Title: Re: Why Consider All Altcoins Bad
Post by: Aying on December 15, 2019, 02:27:23 PM
How? I think nobody can says that all altcoins bad because more and more altcoins here good position check cmc top list. So don't be confused if you have good skills then you can choice more good altcoins but real this more new project bad, so don't compare new project to old altcoins.

Indeed. lot's of project in 2018 are totally trash but we can't tell all of them are not good. we can see there are project until now still updating and running. why? because of interested investors that fully agree on what they are aiming. @Jocuserious you are right that cmc top 20 list of altcoins are great and good to invest until now and the next years. A lot of projects now are coming and we are hoping that we will see more in upcoming years especially in 2020.


Title: Re: Why Consider All Altcoins Bad
Post by: bitkanu on December 15, 2019, 02:31:51 PM
One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.
that can't be a strong reasone to determine all altcoins are bad coins. have you realized the fact if we are on the volatile market and that makes the price is not stable. I think you must think again about that because that doesn't make sense to call volatility as the main reason why altcoins are bad.


Title: Re: Why Consider All Altcoins Bad
Post by: Gotumoot on December 15, 2019, 02:46:27 PM
One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.
The falling price of altcoins cannot be considered bad because I think it is just the effect of today's bad market that whales continue to control.
And my basis for knowing that an altcoins are bad for us is dead coin, pump and dump coins, scam coins.


Title: Re: Why Consider All Altcoins Bad
Post by: ajeef on December 15, 2019, 02:49:45 PM
One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.
The falling price of altcoins cannot be considered bad because I think it is just the effect of today's bad market that whales continue to control.
And my basis for knowing that an altcoins are bad for us is dead coin, pump and dump coins, scam coins.

THe price of altcoin will never be stable because people are buying altcoins for trades. And ofcourse if an altcoins moreover with low volume, the price would be so agile because many people are buying it just for sell it with higher price. So i think it's almost impossbile for altcoin to having a stable price except USDT and other similiar coins based on fiat currency


Title: Re: Why Consider All Altcoins Bad
Post by: Desscount on December 15, 2019, 03:11:50 PM
How? I think nobody can says that all altcoins bad because more and more altcoins here good position check cmc top list. So don't be confused if you have good skills then you can choice more good altcoins but real this more new project bad, so don't compare new project to old altcoins.
if we are not careful in investing in old projects we could get a scam, do you still remember the case of Bitconect? it is really terrible, even though BCC entered the CMC top list, but BCC betrayed investors, be careful


Title: Re: Why Consider All Altcoins Bad
Post by: tianglistrik on December 15, 2019, 03:14:35 PM
How? I think nobody can says that all altcoins bad because more and more altcoins here good position check cmc top list. So don't be confused if you have good skills then you can choice more good altcoins but real this more new project bad, so don't compare new project to old altcoins.
if we are not careful in investing in old projects we could get a scam, do you still remember the case of Bitconect? it is really terrible, even though BCC entered the CMC top list, but BCC betrayed investors, be careful
therefore we must really understand the concept of the project invested, because out there are many projects that have bad goals. so even though registered in CMC we cannot immediately believe that the project guarantees a long life


Title: Re: Why Consider All Altcoins Bad
Post by: awik p on December 15, 2019, 03:43:22 PM
How? I think nobody can says that all altcoins bad because more and more altcoins here good position check cmc top list. So don't be confused if you have good skills then you can choice more good altcoins but real this more new project bad, so don't compare new project to old altcoins.
if we are not careful in investing in old projects we could get a scam, do you still remember the case of Bitconect? it is really terrible, even though BCC entered the CMC top list, but BCC betrayed investors, be careful
therefore we must really understand the concept of the project invested, because out there are many projects that have bad goals. so even though registered in CMC we cannot immediately believe that the project guarantees a long life
Good concepts are sometimes not in accordance with the roadmap that has been well planned, but by looking at the team working on the project I think it will be more thorough, with their experience and good name there will certainly be more investors who trust, and also with synchronization between developers and investors, of course, will make the project run long



Title: Re: Why Consider All Altcoins Bad
Post by: Bonenx14 on December 15, 2019, 03:50:25 PM
One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.
The falling price of altcoins cannot be considered bad because I think it is just the effect of today's bad market that whales continue to control.
And my basis for knowing that an altcoins are bad for us is dead coin, pump and dump coins, scam coins.

THe price of altcoin will never be stable because people are buying altcoins for trades. And ofcourse if an altcoins moreover with low volume, the price would be so agile because many people are buying it just for sell it with higher price. So i think it's almost impossbile for altcoin to having a stable price except USDT and other similiar coins based on fiat currency

price movements are always changing in the market and also the level of rapid movement makes people sometimes trapped in losses. but keep in mind that not all altcoins are bad because there are still some of altcoins that can benefit and also help in terms of existing technology


Title: Re: Why Consider All Altcoins Bad
Post by: Meowth05 on December 15, 2019, 04:01:00 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
We cannot blame them actually, honestly sometimes I saw most of altcoins are bad but I do see some projects are good and worth to spend my time and effort. Probably altcoins and other projects cannot excel because of the bearish market perhaps we can see its potential as the bullish market comes.


Title: Re: Why Consider All Altcoins Bad
Post by: curly228 on December 15, 2019, 04:13:03 PM
Hi. I dont know. You said we got 3000 altcoins and this is does mean waht from the 3000 altcoins we can find really few good projects.


Title: Re: Why Consider All Altcoins Bad
Post by: bitzizzix on December 15, 2019, 04:40:37 PM
Not all altcoin is bad and undeveloped and we can see a list of the 10 best altcoins and can still give good returns and it all depends on you how to analyze and choose it.
and even though many new altcoins end up with Trash or fraudulent coins, that doesn't mean you judge that all Altcoin is bad, and altcoin is good and bad depends on your intelligence in assessing and doing research about the coins you choose.


Title: Re: Why Consider All Altcoins Bad
Post by: Darooghe on December 15, 2019, 04:47:07 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.
I think the majority don't like Altcoins because they don't bring something to the table significant that Bitcoin can't do. altcoins were just invented so people could mine them and try to get rich following in Bitcoin's steps. actually altcoins bring nothing to the table except an experimental testing ground for changes to be merged into Bitcoin. further, we are having trouble as is trying to get 1 digital currency to be understood and accepted by the mainstream. adding the dozens of altcoins into that would make them dismiss bitcoin and all digital currency altogether.


Title: Re: Why Consider All Altcoins Bad
Post by: wxa7115 on December 15, 2019, 07:28:32 PM
I haven't seen any people here say that all the altcoins are bad. But one thing is similar which is they are saying that most of the altcoins are bad. And it's primarily because of how they run their projects and just a copy of another project that didn't even work. When it comes to investing, sticking in to the top 50 is the best choice.
Not all altcoins are bad but a disproportionate number of them are and that is the problem, years ago people really believed that altcoins were going to help the market of cryptocurrencies to gain the adoption that we were looking for, but now we understand that the adoption that we want will come from bitcoin and bitcoin alone.

So most of the projects that we see in the market are not really going to have any affect in the long term and are only going to affect you if you decide to invest in them, this will not be that bad but we know that the majority of those projects are scams so people have lost any reason to think positively about most altcoins.


Title: Re: Why Consider All Altcoins Bad
Post by: TinaK on December 15, 2019, 07:40:19 PM
While we are finding growth in bitcoin and se top cryptocurrency at the same time we are not seeing growth on the complete altcoins market. If the growth applies to all coins then we can invest on most of the coins and make profit out of it buddy.


Title: Re: Why Consider All Altcoins Bad
Post by: suzanne5223 on December 15, 2019, 08:35:23 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
We cannot blame them actually, honestly sometimes I saw most of altcoins are bad but I do see some projects are good and worth to spend my time and effort. Probably altcoins and other projects cannot excel because of the bearish market perhaps we can see its potential as the bullish market comes.
You guys both said well but crypto a huge enterprises and having more project won't be any reason for crypto market not to succeed. Meanwhile, the reason some people believe altcoin market to be back is because 80% of the altcoin project offer exact the same product while some altcoin team are incompetent in what they are doing but they are in it to steal from investors and run away.


Title: Re: Why Consider All Altcoins Bad
Post by: XCANA on December 15, 2019, 09:29:15 PM
Hi. I dont know. You said we got 3000 altcoins and this is does mean waht from the 3000 altcoins we can find really few good projects.
Absolutely correct mate, generally majority of the Altcoins are from a pit of hell, that's they are a complete shits from what we use to have in the early days of cryptocurrency. Many of these projects are just waste of time to read whitepapers of the project. Hope we see a major difference in 2020.


Title: Re: Why Consider All Altcoins Bad
Post by: princecharles on December 16, 2019, 06:02:06 AM
I believe that when one is saying all altcoin, they actually mean, majority of the altcoin in the market would end up to be a scam project. From the stand point of a bounty hunter, you'll find out that over 80% of the tokens you earn as a bounty hunter are worthless. This shows the amount of projects that are actually relevant in the cryptocurrency space.


Title: Re: Why Consider All Altcoins Bad
Post by: yazher on December 16, 2019, 06:38:18 AM
What they mean here is, the other Altcoins are just made to scam people's money. If you guys familiar with the pump and dump coins you would know what I mean. and also there are the others that claim to create some technology that bases on Blockchain and offering some Altcoins to continue their development, but those projects are mostly scam and fud. that's why we cannot really blame them If they thoughts are like that. as for me, some projects are legit which will make their Coin offering legit as well.


Title: Re: Why Consider All Altcoins Bad
Post by: shadowdio on December 16, 2019, 06:51:08 AM
I guess, nowadays many scam projects maybe that's why some people consider all altcoins are bad, they didn't earn profit. They should have research of the coins because not all are bad.


Title: Re: Why Consider All Altcoins Bad
Post by: wxa7115 on December 19, 2019, 08:27:21 PM
I believe that when one is saying all altcoin, they actually mean, majority of the altcoin in the market would end up to be a scam project. From the stand point of a bounty hunter, you'll find out that over 80% of the tokens you earn as a bounty hunter are worthless. This shows the amount of projects that are actually relevant in the cryptocurrency space.
I find really interesting that bounty hunters are still trying to get those kind of coins when we know that most of them are not going to pay them and if they do we know those coins are not going to have any value in the future, I really wonder if that is the only way they have to earn money on the Internet and that is why they keep doing it because they're hoping that at some point one of those coins which they are promoting is going to give them great profits.

But with each passing day the probabilities of that happening are getting lower and the time that they need to spend doing bounty campaigns is getting longer as well.


Title: Re: Why Consider All Altcoins Bad
Post by: OrangeII on December 20, 2019, 10:03:45 AM
I agree, but the one who needs to be convinced about this is the developer.  Until now, there are quite a lot of projects that have good quality, but only not developed and abandoned.  some of their CEOs were involved in cases of greed, and eventually the project died.
however, I will continue to support the project with its quality, not with the promises and bonuses provided


Title: Re: Why Consider All Altcoins Bad
Post by: gurunanakji777 on December 21, 2019, 01:38:49 PM
The majority of the Altcoins are not good to trade every time. We can not consider every altcoin for trading even it's not easy for us to analyze all the altcoins certainly we can consider top 20-50 coins to trade that has good trading volume. In the present market certainly, we need some more good high potential projects that can help to boost up the crypto market.


Title: Re: Why Consider All Altcoins Bad
Post by: Fappanu on December 21, 2019, 01:44:37 PM
They say all altcoins is bad , but i think this is reffering to new altcoins in ICO/IEO that comes in the market because some altcoins are shitcoins, deadcoin, no volume,  ponzi scheme only and many more that investor lose money so they call them bad.  And i think not all altcoins are bad like reputable altcoins now like ethereum, litecoins and many others.


Title: Re: Why Consider All Altcoins Bad
Post by: tianglistrik on December 21, 2019, 02:14:30 PM
They say all altcoins is bad , but i think this is reffering to new altcoins in ICO/IEO that comes in the market because some altcoins are shitcoins, deadcoin, no volume,  ponzi scheme only and many more that investor lose money so they call them bad.  And i think not all altcoins are bad like reputable altcoins now like ethereum, litecoins and many others.
I also think that altcoin which is considered bad is the new altcoin that is becoming shitcoin. because most new altcoins do not provide benefits and also don't last long on the market, so the assumption of altcoins is bad even though what makes it worse is new coins because I believe that there are still profitable altcoins


Title: Re: Why Consider All Altcoins Bad
Post by: sangjoewara on December 21, 2019, 02:22:03 PM
I believe that when one is saying all altcoin, they actually mean, majority of the altcoin in the market would end up to be a scam project. From the stand point of a bounty hunter, you'll find out that over 80% of the tokens you earn as a bounty hunter are worthless. This shows the amount of projects that are actually relevant in the cryptocurrency space.
That's right, if we pull in percentage, it's almost 80% of projects in cryptocurrency are useless or scam, that's what is now an assessment of everyone that all altcoins are bad, but if we analyze in detail, there is also a really good altcoin


Title: Re: Why Consider All Altcoins Bad
Post by: Chainsmokers on December 21, 2019, 02:46:50 PM
I personally think why many people consider that altcoin is bad maybe because they have invested in altcoin and they cannot make a profit from the coin or you can say they cannot look for opportunities to make a profit from the coin and when they fail and try again the same way and then get a loss back or can be said often they have failed in investing in altcoin which then makes people think that all altcoin is bad.


Title: Re: Why Consider All Altcoins Bad
Post by: No One on December 21, 2019, 02:54:41 PM
Obviously, there is always the scope and opportunity for a good and honest crypto project in the crypto space. But scam projects are making the reputation of crypto market bad. I do not think most of the people involving in cryptocurrency regard altcoin bad. There are many good and profit-generating altcoins out there in the market like ETH, BNB etc.


Title: Re: Why Consider All Altcoins Bad
Post by: Obito on December 21, 2019, 03:48:20 PM
Maybe because of bad experiences to alts in which they generally labeled alts as bad. Well we cannot deny the fact that some are bad though however they are totally necessary since they fill a certain function which bitcoin hasn't able to do. Like xrp, bat, ethereum and the others. Nevertheless, we cannot eradicate such feeling towards them.


Title: Re: Why Consider All Altcoins Bad
Post by: Blackdeath on December 21, 2019, 04:21:50 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Not all altcoins are really bad. The only reason why a lot of people hate altcoins because not all of them doesn't have any potential to have a good price in the future, that is why i only invest in top altcoins in the market because it is the only coins are worth to invest with my money.


Title: Re: Why Consider All Altcoins Bad
Post by: #Darren on December 21, 2019, 04:28:09 PM
Nobody said that all altcoins are bad, they are just not delivering profit on a falling market, with almost 70 percent of BTC dominance. Nothing strange for me, because altcoins cannot perform good returns on such a poor market.


Title: Re: Why Consider All Altcoins Bad
Post by: ije07 on December 21, 2019, 07:02:22 PM
even you yourself have also realized that there are only a few altcoins that are worth investing in tens of thousands of coins out there. You can also see that most altcoin projects fail, prices don't develop, and some don't have trading volume. I personally do not want to take high risks, so I prefer investing with real coins like BTC and some of the top altcoins, ETH, EOS, BNB.


Title: Re: Why Consider All Altcoins Bad
Post by: Thomas-s on December 21, 2019, 08:37:59 PM
even you yourself have also realized that there are only a few altcoins that are worth investing in tens of thousands of coins out there. You can also see that most altcoin projects fail, prices don't develop, and some don't have trading volume. I personally do not want to take high risks, so I prefer investing with real coins like BTC and some of the top altcoins, ETH, EOS, BNB.
You invest in ETH and BNB although you cannot be sure of their success. then I ask you a question: Why don't you look for other coins? Find coins with less capitalization but greater potential and a good team, and these investments will be better than investing in those coins that you are talking about. of course, you MUST hold 60 percent of your money in bitcoin, but the other 40 can be invested in different coins


Title: Re: Why Consider All Altcoins Bad
Post by: doomloop on December 22, 2019, 12:34:03 PM
Maybe because of bad experiences to alts in which they generally labeled alts as bad. Well we cannot deny the fact that some are bad though however they are totally necessary since they fill a certain function which bitcoin hasn't able to do. Like xrp, bat, ethereum and the others. Nevertheless, we cannot eradicate such feeling towards them.
Altcoins are always considered secondary to bitcoin and that is true in many aspects. The real problem with altcoins is that they are usually full on scams. There are many projects in altcoins which in the beginning appeared so interesting and when people start investing, it turns out to be a scam. People have basically trust issues with altcoins and that is why they are reluctant to invest in them blindly.


Title: Re: Why Consider All Altcoins Bad
Post by: freedomgo on December 22, 2019, 12:36:38 PM
Not all are bad, but only few are good in the total number of altcoins, and that's the reason why its reputation is bad.
We need to see a growth in the altcoins but we need quality over quantity, as one project can grow and become a billion dollar company so there's no need for a project that are not ambitious enough to grow big in the long run.

In short, we need a reliable project that could help solve some problem in the space and will survive even with this struggle we re facing now.


Title: Re: Why Consider All Altcoins Bad
Post by: Google+ on December 22, 2019, 12:43:46 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Not all altcoins are really bad. The only reason why a lot of people hate altcoins because not all of them doesn't have any potential to have a good price in the future, that is why i only invest in top altcoins in the market because it is the only coins are worth to invest with my money.
indeed all altcoin is not bad but you can see how the development of altcoin from 2 years the condition of altcoin collapsed because maybe developers can not provide good products that can attract investors or traders who can make prices rise.


Title: Re: Why Consider All Altcoins Bad
Post by: GideonGono on December 22, 2019, 01:45:43 PM
Maybe there are some people who buy actually some no value coins or maybe they joined on crypto in present. They didn't experience the year 2017 where almost all altcoins was good.


Title: Re: Why Consider All Altcoins Bad
Post by: totoy4741 on December 22, 2019, 02:17:33 PM
Most of the Altcoins don't live up to expectations. Most of them turn into failures while some has been able to recover and not making any progress. Most atlcoins including major alts like eth, xrp etc are just following in the market flow of bitcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: cryp24x on December 22, 2019, 03:34:07 PM
Not all are bad, but only few are good in the total number of altcoins, and that's the reason why its reputation is bad.
We need to see a growth in the altcoins but we need quality over quantity, as one project can grow and become a billion dollar company so there's no need for a project that are not ambitious enough to grow big in the long run.

In short, we need a reliable project that could help solve some problem in the space and will survive even with this struggle we re facing now.
I agree to this statement. Not all altcoins are bad but because of the quantity of unsuccessful and scam altcoins, the reputation is bad. We really need a reliable project as you have said that could be our only hope that will make a 180 degrees to turn everything into posiitive one.


Title: Re: Why Consider All Altcoins Bad
Post by: awakpane on December 24, 2019, 12:20:20 PM
One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.
The falling price of altcoins cannot be considered bad because I think it is just the effect of today's bad market that whales continue to control.
And my basis for knowing that an altcoins are bad for us is dead coin, pump and dump coins, scam coins.

But it becomes one of the benchmarks to know the good or bad of an altcoin. If you consider that the price of altcoin is falling because of the effects of a bad market, isn't this a sign that altcoin is really less desirable? the logic is that if altcoin is good, then the price must have soared.


Title: Re: Why Consider All Altcoins Bad
Post by: awakpane on December 24, 2019, 12:23:58 PM
One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.
The falling price of altcoins cannot be considered bad because I think it is just the effect of today's bad market that whales continue to control.
And my basis for knowing that an altcoins are bad for us is dead coin, pump and dump coins, scam coins.

THe price of altcoin will never be stable because people are buying altcoins for trades. And ofcourse if an altcoins moreover with low volume, the price would be so agile because many people are buying it just for sell it with higher price. So i think it's almost impossbile for altcoin to having a stable price except USDT and other similiar coins based on fiat currency

That's right, therefore, sometimes people experience huge losses on altcoin so that the perception that altcoin is bad is born. I think it needs a broader discussion to measure and judge the good or bad of an altcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: Vishnu.Reang on December 24, 2019, 01:11:50 PM
It depends on individual perception. For some people, if more than 20% of a particular group is consisted of scams, then they would label the entire group as unworthy of investing in. This threshold may vary from person to person. Some may even regard a particular group as worth investing in, even if it is known that 90% of that group is composed of scams. In the end, it is entirely up to the individual.


Title: Re: Why Consider All Altcoins Bad
Post by: adjed on December 24, 2019, 02:46:45 PM
There has been so many terrible Altcoins out there and people has fallen victims of many more of them and this people definitely hasn't been taking their losses quietly, like you said, there are over 3000 Altcoins out there but the actual number is over 5000 with many more that has scam exited and this has generated a lot of negative attention for Altcoins but it's not all bad, there are some good Altcoins out there but when you compare all the coins in the market and check the number of good ones compared to the number of bad ones, you might start thinking that it's a scam too.


Title: Re: Why Consider All Altcoins Bad
Post by: hirngespenst on December 24, 2019, 03:28:51 PM
Not every but the majority of altcoins are shit, some altcoins are not shit at this moment but they will turn into shit after a year or two! So, literally all new altcoins are shit. To me, I only care about the top 50 altcoins right now, others are good for a short time, but not good for holding purpose.


Title: Re: Why Consider All Altcoins Bad
Post by: Drai on December 24, 2019, 04:08:42 PM
I personally do not consider Altcoins bad, infact I see it as one of the best things that has ever happened to Cryptocurrencies, many of the innovations that has been developed so far has actually been done by Altcoins and although I have to admit that there are staggering amounts of scams out there, there are also good projects too out there and I wouldn't condemn Altcoins as a whole just because of the numerous bad eggs although some people obviously do.


Title: Re: Why Consider All Altcoins Bad
Post by: TheICE007 on December 24, 2019, 06:00:09 PM
The truth is not all altcoins are bad or scam but most times people tend to follow what majority say, this is because most coins do not have a good use case or are just a replica of an existing coin even at that there are still coins with unique use cases.


Title: Re: Why Consider All Altcoins Bad
Post by: barabarian1 on December 25, 2019, 09:06:57 AM
many people think that altcoin is bad because since mid-2018 until now most of altcoin has lost its value. and this has resulted in many altcoin investors losing heavily. and then also many altcoin projects that this scam makes the altcoin market look bad and in the end some investors choose to leave altcoin and only invest in bitcoin.
but I still believe when bitcoin is reduced by half and then bull run, the altcoin market will also be green again.


Title: Re: Why Consider All Altcoins Bad
Post by: taberts on December 25, 2019, 01:20:37 PM
I think this was misconception that all altcoins are bad. A lot of altcoins have great usage like ETH, XRP, XLM and others. Also there was a lot of unwanted altcoins without any usage which were used to scammed peoples money. The point here is don't generalized the idea that all altcoins are bad. Blockchain gives us unprecedented technology that useful for the present and future of digital era. We should looked at the bright and future of it.


Title: Re: Why Consider All Altcoins Bad
Post by: KnightElite on December 25, 2019, 01:31:17 PM
The question is will you let yourself to allocate most of your funds in altcoins than in bitcoins? Diversification is really part of the process but the thing is investing more money in altcoins than in bitcoins is really risky. Not all of altcoins are bad but there are only few altcoins that can help us to grow our portfolio. It is really hard to find an altcoins that is really worth it. I invest more in bitcoins than in altcoins.


Title: Re: Why Consider All Altcoins Bad
Post by: Greatchu on December 25, 2019, 01:37:54 PM
We are have been in red market since 2018 and many altcoins keep losing value yes of course people will say they are bad, we all know how people are, they easily have a change of mind when things go tough, if altcoin market recovers today they will instantly start saying another thing entirely


Title: Re: Why Consider All Altcoins Bad
Post by: agentx44 on December 25, 2019, 01:48:05 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
One of the possible reason why many people are generalizing that all altcoins are not good for investment is because they have encountered plenty of altcoins that have failed them. Considering the fact that most of the altcoins nowadays are not working well and are going to their rock bottom, there is a huge probability that you would encounter countless failing altcoins which may change your mindset and stick to the fact that all of it are scam or not good for investment. If you are going to invest on a certain altcoin, search for the best ones so that you can put your trust on it and gain benefits as time passes by.


Title: Re: Why Consider All Altcoins Bad
Post by: oktana on December 25, 2019, 01:59:39 PM
The question is will you let yourself to allocate most of your funds in altcoins than in bitcoins? Diversification is really part of the process but the thing is investing more money in altcoins than in bitcoins is really risky. Not all of altcoins are bad but there are only few altcoins that can help us to grow our portfolio. It is really hard to find an altcoins that is really worth it. I invest more in bitcoins than in altcoins.
in general, all comes from the emergence of new low-quality altcoin, thus creating a broad view of reputation.

but also because they still cannot withstand the trend of what is happening at BTC, so the community is also watching in terms of falling prices. Many valuable altcoins, especially in popular exchanges, can become more intensive if every trader is always prepared for trends that occur in the short term. Valuable or not, altcoin is still in time to try to increase market confidence.


Title: Re: Why Consider All Altcoins Bad
Post by: poodle63 on December 25, 2019, 03:07:14 PM
We are have been in red market since 2018 and many altcoins keep losing value yes of course people will say they are bad, we all know how people are, they easily have a change of mind when things go tough, if altcoin market recovers today they will instantly start saying another thing entirely
that's true and especially when there was a lot of altcoins become scam coins and then people are taking altcoin like a scam scheme. But just trusted project that makes the altcoin still a good platforms.
Their opinions depend on which is the situation they are facing it right now.


Title: Re: Why Consider All Altcoins Bad
Post by: sangjoewara on December 25, 2019, 03:24:32 PM
We are have been in red market since 2018 and many altcoins keep losing value yes of course people will say they are bad, we all know how people are, they easily have a change of mind when things go tough, if altcoin market recovers today they will instantly start saying another thing entirely
Right, now many people make an assessment of altcoin through its value in the market, if the value of an altcoin goes down in the market, then many will judge that altcoin is already bad, even though the team from altcoin is still active in developing their project.


Title: Re: Why Consider All Altcoins Bad
Post by: criket on December 25, 2019, 03:30:12 PM
We are have been in red market since 2018 and many altcoins keep losing value yes of course people will say they are bad, we all know how people are, they easily have a change of mind when things go tough, if altcoin market recovers today they will instantly start saying another thing entirely
Right, now many people make an assessment of altcoin through its value in the market, if the value of an altcoin goes down in the market, then many will judge that altcoin is already bad, even though the team from altcoin is still active in developing their project.
it depends on how their product works. the value of a coin that falls also determined from the development of the product made. if developers don't do anything even though they are still active it's the same there won't be an improvement to their project. see the project roadmap and we can see whether the developer is serious about the project or not.


Title: Re: Why Consider All Altcoins Bad
Post by: Bim abk on December 25, 2019, 03:38:03 PM
We are have been in red market since 2018 and many altcoins keep losing value yes of course people will say they are bad, we all know how people are, they easily have a change of mind when things go tough, if altcoin market recovers today they will instantly start saying another thing entirely
Right, now many people make an assessment of altcoin through its value in the market, if the value of an altcoin goes down in the market, then many will judge that altcoin is already bad, even though the team from altcoin is still active in developing their project.
it depends on how their product works. the value of a coin that falls also determined from the development of the product made. if developers don't do anything even though they are still active it's the same there won't be an improvement to their project. see the project roadmap and we can see whether the developer is serious about the project or not.

in the case of the selection of a new project it must be more selective in choosing it, otherwise there will be losses that occur especially if we choose wrong and get stuck on a fraudulent project. therefore if investing in a new altcoin will be more difficult, but if investing with the old altcoin may be better but must keep doing research in it


Title: Re: Why Consider All Altcoins Bad
Post by: wxa7115 on December 25, 2019, 11:00:05 PM
They say all altcoins is bad , but i think this is reffering to new altcoins in ICO/IEO that comes in the market because some altcoins are shitcoins, deadcoin, no volume,  ponzi scheme only and many more that investor lose money so they call them bad.  And i think not all altcoins are bad like reputable altcoins now like ethereum, litecoins and many others.
It is a shame but some time ago when people thought about altcoins the first coin that came to their minds was ethereum or other similar coin, as such altcoins were perceived as risky investments but that could easily change your life if you invested in the right coin.

But now when people think about altcoins all what they can think about are ieos and other similar forms of obtaining funding and as we know most of those projects are scams or projects created by developers that do not have an idea what they're doing and this is creating a very bad reputation for the altcoin market as stated in this thread.


Title: Re: Why Consider All Altcoins Bad
Post by: scaryvirus on December 26, 2019, 01:06:40 AM
Can you spot difference between real altcoins and scams?

https://i.imgur.com/JOBuy7Y.png


Title: Re: Why Consider All Altcoins Bad
Post by: devillnj2.1 on December 26, 2019, 01:21:22 AM
Altcoin is really innovation, some people take advantage of it to do bad things like scamming people. altcoin is not bad, the people behind it and use it on their own interest, the true intention of altcoin is to make ourlives easier and have a better life using this altcoins to our convinience. I hope this technology will not be abuse but for advancement instead.


Title: Re: Why Consider All Altcoins Bad
Post by: Shasha80 on December 26, 2019, 02:05:15 AM
In my opinion there are 2 reasons why all altcoins are considered bad. The first reason is because of the long-term bearish that started from 2018
until now it doesn't show that it's over, which makes the whole price of altcoins look bad. The second reason is that many ICO / IEO projects have
failed,or even some projects have proven to be a scam to make altcoins look even worse.Of the 2 reasons that I have mentioned above it gives
effect negative for altcoins as a whole.And in the end most people consider all altcoins as bad, even though the reality is not like that. Because there
are still altcoins whose prices are still relatively stable and can still provide profit. Then not all IEO / ICO projects fail, there are still some which is
successful and provides a large profit to investors. Therefore, we must be diligent in conducting research and investigations on ICO / IEO projects
who will be followed, so they can still find good projects. Even though the number may be very small.


Title: Re: Why Consider All Altcoins Bad
Post by: OrangeII on December 26, 2019, 03:02:16 AM
We are have been in red market since 2018 and many altcoins keep losing value yes of course people will say they are bad, we all know how people are, they easily have a change of mind when things go tough, if altcoin market recovers today they will instantly start saying another thing entirely
a little extra. it doesn't matter if they have a good goal or not, but if their concept also doesn't last, then little by little people will leave the token. This is not a problem of how many altcoins we need, but a quality problem. if the coins that appear have a new concept, and high quality, I will support it. but, it is natural that so many people currently think that altcoin that appears at this time is quite bad because I see that most projects that emerge prioritize their profits over the quality of their projects.


Title: Re: Why Consider All Altcoins Bad
Post by: Inkdatar on December 26, 2019, 03:57:06 AM
Altcoin is really innovation, some people take advantage of it to do bad things like scamming people. altcoin is not bad, the people behind it and use it on their own interest, the true intention of altcoin is to make ourlives easier and have a better life using this altcoins to our convinience. I hope this technology will not be abuse but for advancement instead.
Not all altcoin is bad, so that’s true some people use their own interest indeed to scam especially those newbies. This is very important that we should assess every project or alts before we invest into it. With so many altcoins only few are those legit and worthy of our money.


Title: Re: Why Consider All Altcoins Bad
Post by: BitcoinHunt3r on December 26, 2019, 04:04:20 AM
In my opinion there are 2 reasons why all altcoins are considered bad. The first reason is because of the long-term bearish that started from 2018
until now it doesn't show that it's over, which makes the whole price of altcoins look bad. The second reason is that many ICO / IEO projects have
failed,or even some projects have proven to be a scam to make altcoins look even worse.Of the 2 reasons that I have mentioned above it gives
effect negative for altcoins as a whole.And in the end most people consider all altcoins as bad, even though the reality is not like that. Because there
are still altcoins whose prices are still relatively stable and can still provide profit. Then not all IEO / ICO projects fail, there are still some which is
successful and provides a large profit to investors. Therefore, we must be diligent in conducting research and investigations on ICO / IEO projects
who will be followed, so they can still find good projects. Even though the number may be very small.
You are right, people generalize altcoins to be bad because there are a lot, maybe too much altcoin project that make investor and trader lose. And it keep happen so people not think about old altcoins that already exist and say all altcoins to be bad.


Title: Re: Why Consider All Altcoins Bad
Post by: Sithara007 on December 26, 2019, 05:08:35 AM
Altcoin is really innovation, some people take advantage of it to do bad things like scamming people. altcoin is not bad, the people behind it and use it on their own interest, the true intention of altcoin is to make ourlives easier and have a better life using this altcoins to our convinience. I hope this technology will not be abuse but for advancement instead.

Bitcoin was the real innovation, not altcoin. The latter just tried to capitalize on the hype and popularity of Bitcoin. And I don't understand when you say that altcoins have made out lives easier. Can you give me a single real life example? Altcoins came with very big promises and claims. But none of their tall claims have got realized. Almost none of the altcoins have any real usage, other than trading in the cryptocurrency exchanges. And overall, they had a negative impact by poaching on the market share and userbase of Bitcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: Visbay on December 27, 2019, 12:09:08 PM
It depends on individual perception. For some people, if more than 20% of a particular group is consisted of scams, then they would label the entire group as unworthy of investing in. This threshold may vary from person to person. Some may even regard a particular group as worth investing in, even if it is known that 90% of that group is composed of scams. In the end, it is entirely up to the individual.
Yes world of crypto is so wide so making a specific decision about it will take so long so we cannot say whether it’s good or not but as per my own experience Altcoins are good to invest as most of them can be used as life changes and new Altcoin are not liked by me as well but bitcoin,  ETH and Ripple are best coins to invest your money as they will never disappoint you.


Title: Re: Why Consider All Altcoins Bad
Post by: wxa7115 on December 30, 2019, 07:31:12 PM
Altcoin is really innovation, some people take advantage of it to do bad things like scamming people. altcoin is not bad, the people behind it and use it on their own interest, the true intention of altcoin is to make ourlives easier and have a better life using this altcoins to our convinience. I hope this technology will not be abuse but for advancement instead.

Bitcoin was the real innovation, not altcoin. The latter just tried to capitalize on the hype and popularity of Bitcoin. And I don't understand when you say that altcoins have made out lives easier. Can you give me a single real life example? Altcoins came with very big promises and claims. But none of their tall claims have got realized. Almost none of the altcoins have any real usage, other than trading in the cryptocurrency exchanges. And overall, they had a negative impact by poaching on the market share and userbase of Bitcoin.
And this is the reason why less and less people care about altcoins, altcoins came to the market making all kind of promises and for a time people believed those promises especially all of those that claimed they were better than bitcoin, but as time passed we are realizing that all of those promises have been unfulfilled, even the few good altcoins that we have in the market have failed in most of their goals while the rest are obvious scams or bad projects.

So scepticism has taken over the market and it does not matter what the developers of those coins claim about what they can achieve no one is believing in them anymore.


Title: Re: Why Consider All Altcoins Bad
Post by: BeginToMine on December 30, 2019, 08:57:48 PM
It is really bad for one to generalise and conclude all altcoins are bad, I have made cool cash from some Altcoin and I have lost as well but truth is, we still have very good and potential coins in the market, all needed is for one to just search.


Title: Re: Why Consider All Altcoins Bad
Post by: Adriano2010 on December 30, 2019, 08:59:46 PM
Maybe some people say that because they don't know how some altcoins work and what is the difference from bitcoin, but some altcoins really not deserve nothing and was created just to scam.


Title: Re: Why Consider All Altcoins Bad
Post by: Bitcoin_bullish on December 30, 2019, 09:16:23 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Not all of them are bad. Just 99.9% of them as history suggests.

https://coinmarketcap.com/historical/20131229/
https://coinmarketcap.com/historical/20141228/
https://coinmarketcap.com/historical/20151227/

Can you predict how many of today's top altcoins will still be in the top-200 list after 3 years?


Title: Re: Why Consider All Altcoins Bad
Post by: tartibaya on December 30, 2019, 09:56:39 PM
Altcoins are the research and development unit of this market. There could be a lot of scams or nonsense. People shouldn't fall for this. We are entering a new year. We need to be a more conscious investor.


Title: Re: Why Consider All Altcoins Bad
Post by: boris singer on December 31, 2019, 01:29:04 AM
Maybe some people say that because they don't know how some altcoins work and what is the difference from bitcoin, but some altcoins really not deserve nothing and was created just to scam.

all are still bound by altcoin's reputation as a whole, it's hard to only refer to good altcoin while 80% is fraudulent. there needs to be some changes to at least classify it in different ranking charts, it cannot be limited but can still be prevented by different methods, IEO is one example even though the quality of its success is increasingly biased.


Title: Re: Why Consider All Altcoins Bad
Post by: Itsmylife on December 31, 2019, 01:56:45 AM
In my opinion, I think that every currency must have cooperation with some real company to assert their value but they are not success to do that.
As you can see, Bitcoin is the king of coins but has difficulty getting recognition around the world, which will affect the psychology of companies when they want to be partnership with altcoins.
No partnership, no value.


Title: Re: Why Consider All Altcoins Bad
Post by: volport on December 31, 2019, 03:23:38 PM
I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview


Title: Re: Why Consider All Altcoins Bad
Post by: govorrue on December 31, 2019, 03:27:33 PM
I wouldn't say that we can be talking about all altcoins at once. From my point of view, much depends on the concrete platform/token and its particular prospects. And it is important to differentiate. Because again, only own and concrete analysis allows to get an objective overview

I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation


Title: Re: Why Consider All Altcoins Bad
Post by: volport on December 31, 2019, 03:31:02 PM
I absolutely share your views here. And talking about you, are there many promising tokens and platforms you are now following and can recommend? I only have 2 or 3 most advanced ones I am aware of, so always interesting to get a real recommendation

I cannot say that I have many as well, especially taking into consideration slow speed of new solutions discovery for me :) But a truly well-built and rather professional solution with practical value for almost everyone I can recommend today - ThreeFold Network. Have you heard of such a project already?


Title: Re: Why Consider All Altcoins Bad
Post by: govorrue on December 31, 2019, 03:41:44 PM
I cannot say that I have many as well, especially taking into consideration slow speed of new solutions discovery for me :) But a truly well-built and rather professional solution with practical value for almost everyone I can recommend today - ThreeFold Network. Have you heard of such a project already?

You know, sounds rather familiar, but to be honest, cannot remember for sure. Can you please elaborate in more details on what the guys are coming with?


Title: Re: Why Consider All Altcoins Bad
Post by: volport on December 31, 2019, 03:46:35 PM
You know, sounds rather familiar, but to be honest, cannot remember for sure. Can you please elaborate in more details on what the guys are coming with?

Yes, of course. Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world that is being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price, but of course, I recommend you to have a closer look at their website to have a deeper understanding of the concept. And curious to know your thoughts afterwards


Title: Re: Why Consider All Altcoins Bad
Post by: mobilestrike on December 31, 2019, 03:46:48 PM
Altcoins are the research and development unit of this market. There could be a lot of scams or nonsense. People shouldn't fall for this. We are entering a new year. We need to be a more conscious investor.
This is right but not for all altcoins there are only some altcoins which are inactive in the market because of the lack of expert developers or the developers do not give attention to their projects and try to start aother project to collect more money. Some coins come as scam coins but they do not survive in the market and we do not see them in the exchanges so if one do not invest in ICO then do not see that coin for their investment. While many of them are very great coins and are giving benefits to the blockchain technology.


Title: Re: Why Consider All Altcoins Bad
Post by: govorrue on December 31, 2019, 03:50:10 PM
Yes, of course. Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world that is being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price, but of course, I recommend you to have a closer look at their website to have a deeper understanding of the concept. And curious to know your thoughts afterwards

Sounds attractive, thank you for sharing. Will definitely have a closer look shortly and get back with my thoughts


Title: Re: Why Consider All Altcoins Bad
Post by: ven7net on December 31, 2019, 03:50:18 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

I believe that there are people who could not make money with one or another altcoin, or they just see a price drop. All this causes negative in such people and they believe that all altcoins are scam. There are those who simply lie and try to enrich altcoins in favor of another cryptocurrency, in the unhappiness that people simply throw off altcoins. Of course there are those who do not understand at all, but simply write their opinion. However, of course there are those altcoins, the creators of which decided to abandon the support of their offspring and specifically merge their asset, making it useless to anyone. You just need to spend time studying altcoins and not make hasty conclusions.


Title: Re: Why Consider All Altcoins Bad
Post by: kodtycoon on December 31, 2019, 03:52:13 PM
In my opinion, I think that every currency must have cooperation with some real company to assert their value but they are not success to do that.
As you can see, Bitcoin is the king of coins but has difficulty getting recognition around the world, which will affect the psychology of companies when they want to be partnership with altcoins.
No partnership, no value.

the value is always there even though bitcoin is difficult to get recognition worldwide it is no surprise that there are many factors that must still be considered by every government in use cases and have crypto


Title: Re: Why Consider All Altcoins Bad
Post by: Sembadapuja on December 31, 2019, 04:32:47 PM
The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk taking, atlesst 70% of my long term holding is in BTC. That's because so many of them are just clones of something else, slapped with a new brand name and marketed to people who don't know any better.  It's sad that some people buy into that hype and become bagholders while the coin devs are laughing all the way to the bank.


Title: Re: Why Consider All Altcoins Bad
Post by: wxa7115 on January 03, 2020, 05:30:07 PM
It is really bad for one to generalise and conclude all altcoins are bad, I have made cool cash from some Altcoin and I have lost as well but truth is, we still have very good and potential coins in the market, all needed is for one to just search.
No, whenever someone losses money in the market or makes the claim that most coins are bad investments, and we have data supporting that fact, investors are always told to look further, to put more effort into it and that somehow everything is going to be alright, well investors are tired of hearing the same song over and over again, do you even think about why the bitcoin dominance is over 68% when there was a point in which it was very low and many argued that the dominance will keep going down?

That is because investors no longer trust in altcoins and that they are going to achieve any of the things their developers said they were going to achieve, at this point in time it has become abundantly clear that the only coin in which you can trust is bitcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: Mighty_crypt on January 03, 2020, 06:08:38 PM
Many altcoins are created to scam people or rip people off their hard earned money but you can easily find answers if you doubt the existence of altcoins by using search engine on merchants that accept crypto payments, many altcoins are accepted worldwide, DYOR


Title: Re: Why Consider All Altcoins Bad
Post by: flagpara on January 12, 2020, 09:38:37 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
I'm not others those are believe 3320 altcoins are scam. 3320 currencies are running in cryptocurrency without top 10, all currency can't be scam. More easy to invest and use case could more success for cryptocurrency. Bitcoin could be use world wide for Money transfer if no country banned it. New quality project will come as new future is coming.


Title: Re: Why Consider All Altcoins Bad
Post by: dataispower on January 12, 2020, 09:40:07 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

In order for crypto to succeed, we need existing projects to do more development and show case products that can compete with what's obtainable mainstream. It's not about launching new projects but launching a new project with a different approach from already existing projects. It's funny how some new projects claim to solve same problems with old projects and at the end there is nothing to show for. Some guys condemn altcoin projects probably because they've lost a lot investing in token sales or because many altcoin projects have scammed over time. There are some good altcoins anyway, I mean those with consistency in development, team that keeps the community updated, fostering adoption of their product etc.


Title: Re: Why Consider All Altcoins Bad
Post by: naruto7676 on January 18, 2020, 11:11:05 AM
I beg to disagree that all people stated that all the alts are bad. Indeed there's alot of investors here are succesful. I can say that, its just a matter of making decision whether what projects they're making on. Because, for me I have these top coins which I'm holding in making good investment, BTC ETH are both in the top 10 but I have this new coins which I really like being part of my investment here ans this is the Aci coin. Make research about it and ai hope y'all like it too.


Title: Re: Why Consider All Altcoins Bad
Post by: Bitbtc8 on January 18, 2020, 11:52:44 AM
The problem is many altcoins that are getting into crypto space this days have no real use cases, there is no point of existence at all and many investors still fall victim to these useless coins and they end up losing money because there is assurance that there will be no demand for them


Title: Re: Why Consider All Altcoins Bad
Post by: meliodas on January 18, 2020, 01:13:02 PM
The problem is many altcoins that are getting into crypto space this days have no real use cases, there is no point of existence at all and many investors still fall victim to these useless coins and they end up losing money because there is assurance that there will be no demand for them
It is their responsibility to verify the altcoin that they are about to invest in because if they will just rely on the hype or to other people's opinion then they will always end up being a victim. Altcoins are good for making more money because of the variations and it has more fluctuations compare to bitcoin. Just be sure on investing before you execute any action.


Title: Re: Why Consider All Altcoins Bad
Post by: Ngemmeng on January 18, 2020, 01:25:25 PM
Nobody says that altcoin is bad, they only say that most new altcoins in the last year turned into rubbish. this condition is inversely proportional to the conditions in 2017 because at that time most altcoins had high prices. if you have been in this forum since 2017 maybe you will understand what I mean  :)


Title: Re: Why Consider All Altcoins Bad
Post by: sangjoewara on January 18, 2020, 01:48:27 PM
The problem is many altcoins that are getting into crypto space this days have no real use cases, there is no point of existence at all and many investors still fall victim to these useless coins and they end up losing money because there is assurance that there will be no demand for them
That's right, and because many of the altcoins that entered the crypto room today have no real use cases, that's where everyone needs more research before believing or participating in new altcoin projects.


Title: Re: Why Consider All Altcoins Bad
Post by: fortunecrypto on January 18, 2020, 01:56:21 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

My thought is we should not generalize, Ethereum is an altcoin, Litecoin and Binance coin are also altcoins, and they are all doing great in the market, we should treat every project unique and different in some way, if we don't do that, we will miss making a profit from these altcoins.


Title: Re: Why Consider All Altcoins Bad
Post by: Wipeout2097 on January 18, 2020, 03:09:50 PM
For me not altcoins are bad but it can be said that mostly bad coins are altcoins.There is reason behind ICO project come in market just to get investors money or no long term plan with proper home work.It is better to get in new altcoins first give them time to see the performance of coin and project.

Existing coins like ETHER,BNB,LTC,ADA,MNERO,XRP,ZEN are always favorte and having lng term plans to survive in the market.


Title: Re: Why Consider All Altcoins Bad
Post by: pikkie on January 18, 2020, 03:31:58 PM
For me not altcoins are bad but it can be said that mostly bad coins are altcoins.There is reason behind ICO project come in market just to get investors money or no long term plan with proper home work.It is better to get in new altcoins first give them time to see the performance of coin and project.

Existing coins like ETHER,BNB,LTC,ADA,MNERO,XRP,ZEN are always favorte and having lng term plans to survive in the market.
from the altcoin you mentioned, I feel that only Litecoin and Binance Coin still have a little potential to be expensive, while for others I feel there is no potential anymore because I see that there are no developments that can trigger investors to come back again.


Title: Re: Why Consider All Altcoins Bad
Post by: VDraci on January 18, 2020, 03:34:30 PM
New crypto investors are blindly investing in new projects that they haven't do thorough research on, after the lose money they start categorizing all altcoins as scam, the truth is we have many scam projects and if you don't do good research you will surely fall victim


Title: Re: Why Consider All Altcoins Bad
Post by: reallester on January 18, 2020, 03:34:49 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

This is also common with generalizing human beings.  Where you see a few bad persons, we tend to generalize everyone there as bad, not minding the fact that there still exists some good ones there. Same thing is also applicable to Alts. A lot of people often tag all alts as scams. Well, I come to realize that such persons need to be exposed to what altcoin really is.


Title: Re: Why Consider All Altcoins Bad
Post by: aomakun on January 18, 2020, 03:47:45 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

This is also common with generalizing human beings.  Where you see a few bad persons, we tend to generalize everyone there as bad, not minding the fact that there still exists some good ones there. Same thing is also applicable to Alts. A lot of people often tag all alts as scams. Well, I come to realize that such persons need to be exposed to what altcoin really is.
in fact there are still altcoins that have a good impact on their platforms, so actually not all altcoins are bad. but because of the bad dominance of altcoin because of new projects, people assume that. therefore we must open our eyes more and generalize more on good and bad altcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: deathcode on January 18, 2020, 04:07:13 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

This is also common with generalizing human beings.  Where you see a few bad persons, we tend to generalize everyone there as bad, not minding the fact that there still exists some good ones there. Same thing is also applicable to Alts. A lot of people often tag all alts as scams. Well, I come to realize that such persons need to be exposed to what altcoin really is.
in fact there are still altcoins that have a good impact on their platforms, so actually not all altcoins are bad. but because of the bad dominance of altcoin because of new projects, people assume that. therefore we must open our eyes more and generalize more on good and bad altcoin.
more precisely is a market situation that makes the bad conditions of altcoin more visible. as you said, some projects run their platform. some updates have been made but it is the altcoin market conditions that do not yet support that makes many altcoins difficult to develop.


Title: Re: Why Consider All Altcoins Bad
Post by: Mihaylovic on January 18, 2020, 04:38:42 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

i dont think it is a productive idea to blame and make general negative comments about alts. Altcoins are also big part of this ecosystem and there are very good projects which provides much better solutions even better than bitcoin.


Title: Re: Why Consider All Altcoins Bad
Post by: oktana on January 19, 2020, 08:54:23 AM
Not all altcoins are bad but some have become Ashes because the project does not go as expected so that the working team should be faster to stop the ICO sales, and from the many projects we see today the average Scamer So many circles who consider all altcoins bad but if I think some can still we rely to get the result of the project, and for this year we expect all projects away from Scamer so that all altcoins can Increased.
there must be a revolutionary example of a new project at a level that scammers cannot do.

altcoin's reputation is influenced by the investor ecosystem specifically, and so far many new altcoins are financially weak. If this can be overcome from their own budget base, investors will believe, so far this has only happened in projects that can carry out IEO, even though there are still many weaknesses where they cannot encourage short-term price increases.


Title: Re: Why Consider All Altcoins Bad
Post by: imstillthebest on January 19, 2020, 09:13:24 AM
Not all altcoins are bad but some have become Ashes because the project does not go as expected so that the working team should be faster to stop the ICO sales

was the ico sales must be done first before the development of the project   ? if they think their project will fail , they should have refund the investors so that thier reputation wont be affected  .

 if they plan the project well and already accumulated a good amount  because investors trust thier plans then there is no way that thier project can fail not unless if they only intend  to scam   .


Title: Re: Why Consider All Altcoins Bad
Post by: karanggatak on January 19, 2020, 09:25:46 AM
because in reality today most of altcoin is a scam, cannot last long and has no real use. and now it is very difficult to find a good altcoin and has the potential to increase and grow.
so people who are mostly investors are more interested in investing in bitcoin than altcoin. and for the past two years we have been on the bear market and almost all altcoins have lost their value.


Title: Re: Why Consider All Altcoins Bad
Post by: Lantind on January 19, 2020, 09:41:38 AM
New crypto investors are blindly investing in new projects that they haven't do thorough research on, after the lose money they start categorizing all altcoins as scam, the truth is we have many scam projects and if you don't do good research you will surely fall victim
That's right, new investors often assess that altcoin projects are all the same when they have been victims of project fraud, even though there are also altcoin projects that are worthy of being followed, and whether or not a project is worthy of being followed will be known to us through good research.


Title: Re: Why Consider All Altcoins Bad
Post by: mobilestrike on January 19, 2020, 09:46:48 AM
because in reality today most of altcoin is a scam, cannot last long and has no real use. and now it is very difficult to find a good altcoin and has the potential to increase and grow.
so people who are mostly investors are more interested in investing in bitcoin than altcoin. and for the past two years we have been on the bear market and almost all altcoins have lost their value.
In the previous two years because of some issues we faced the bear market and all of the altcoins lost their value but now the market is going very well and the market will grow in all situation. I am saying it because when the time of halving comes near then no matter what happens all of the coins grow in value. So in this time you can invest in any altcoin which have a good trade volume.


Title: Re: Why Consider All Altcoins Bad
Post by: trauchot on January 19, 2020, 10:57:06 AM
Of course there are many altcoins with unclear technologies and capabilities that are not even clear where to use and it is difficult to understand why such altcoins were created, but there are also a very huge number of altcoins with incredible technologies and capabilities that are used very successfully in various fields.


Title: Re: Why Consider All Altcoins Bad
Post by: cryp24x on January 19, 2020, 03:57:19 PM
well for someone who purely believes in bitcoin, all altcoins might just be bad. but you can see them trading BTC/usdt which USDT still can be considered an altcoin. ETH should be bad for them as well if they really consider 99% of all cryptocurrency to be shitcoins but you can see them demonstrate trading DOGE. you know there are lots of reason why they may be saying it, most probably they want the weak hands to sell.
I think some people have been scammed on an Altcoin projects which makes they feel that all Altcoins are bad. I guess they need to explore first on Altcoins before they generalize the entire Altcoins. Though Altcoins rely on Bitcoin's price, they all have their own characteristics that make them more profitable to crypto enthusiasts.


Title: Re: Why Consider All Altcoins Bad
Post by: kambaralikhan on January 19, 2020, 06:47:33 PM
Because investors see alts with eyes of speculations. they just pump and dump alts make profits and switch. that's why they are highly volatile and consider as bad cryptos. When the investors perspective will change about alts altcoin will become more stable and investors choice.


Title: Re: Why Consider All Altcoins Bad
Post by: MyIdeas on January 19, 2020, 06:52:11 PM
New crypto investors are blindly investing in new projects that they haven't do thorough research on, after the lose money they start categorizing all altcoins as scam, the truth is we have many scam projects and if you don't do good research you will surely fall victim
That's right, new investors often assess that altcoin projects are all the same when they have been victims of project fraud, even though there are also altcoin projects that are worthy of being followed, and whether or not a project is worthy of being followed will be known to us through good research.
investors who lose 100% of the money they invest in the project and eventually the project dies, I know your feelings, but you do not die step, if you want to succeed then through it has become a normal thing, it will make valuable lessons in your life for better
In the start of my career in crypto I also lost all of my money in a project which was not a high amount but was my whole collection of my career but I not lost heart and continued to work on other places and started marketing to earn money for my family and for my future. I now am earning good for my family members. I now think that if I lost heart at that time and never saw back to crypto then I would not be able to earn like today. But thanks God that I remain confident and continued my work with crypto.


Title: Re: Why Consider All Altcoins Bad
Post by: d3nz on January 19, 2020, 07:47:07 PM
I would say not at all because some of them are really good and has features that i really liked which is very good for me and those top ranked altcoin has really good for making profit because their value is roughly increasing every day and not going down really hard.

And only those altcoin is really bad that doesn't have volume at all and obviously getting pumped to make money for their whales and some of them are listed on exchanges that has bad reputation.


Title: Re: Why Consider All Altcoins Bad
Post by: Brunus on February 02, 2020, 06:15:19 PM
It's not about "considering", it's not about "opinions"; simply, a year and a half ago almost all of the altcoins lost between 95% and 99% of the value, and never recovered it (and the probability that it does is minimal).
So what are we talking about?


Title: Re: Why Consider All Altcoins Bad
Post by: kak uli on February 21, 2020, 02:27:42 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

we must have consideration for everything we do so that nothing bad happens to ourselves. because there are many out there fraud through cryptocurency then we need consideration so that we are not deceived by scammers. although out there also has a quality project but consideration will always be needed in making a decision in cryptocurency.


Title: Re: Why Consider All Altcoins Bad
Post by: Sanugarid on February 21, 2020, 04:00:33 PM
New crypto investors are blindly investing in new projects that they haven't do thorough research on, after the lose money they start categorizing all altcoins as scam, the truth is we have many scam projects and if you don't do good research you will surely fall victim
That's right, new investors often assess that altcoin projects are all the same when they have been victims of project fraud, even though there are also altcoin projects that are worthy of being followed, and whether or not a project is worthy of being followed will be known to us through good research.
investors who lose 100% of the money they invest in the project and eventually the project dies, I know your feelings, but you do not die step, if you want to succeed then through it has become a normal thing, it will make valuable lessons in your life for better
In the start of my career in crypto I also lost all of my money in a project which was not a high amount but was my whole collection of my career but I not lost heart and continued to work on other places and started marketing to earn money for my family and for my future. I now am earning good for my family members. I now think that if I lost heart at that time and never saw back to crypto then I would not be able to earn like today. But thanks God that I remain confident and continued my work with crypto.
It is really good to hear because there are actually lots of people who only want fast money, what I was saying is that if they are losing money they are stopping and saying that it is really a scam without knowing the nature of cryptocurrency which is its volatility when it comes to price maybe he invested such money into some not good projects without knowing its important information also the feedbacks of every other investor. The only thing you need aside from patience is the knowledge so that the probability of losing money is low.
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

we must have consideration for everything we do so that nothing bad happens to ourselves. because there are many out there fraud through cryptocurency then we need consideration so that we are not deceived by scammers. although out there also has a quality project but consideration will always be needed in making a decision in cryptocurency.
Losing money is maybe normal in here because you are really risking your money. Investing is not really easy to do because before you can earn what you want, you really need to study every information that the project you chose have so that you can notice if you are really earn when you invest to that, considering the platform and the ranking in the market maybe, also the price and volume of that.


Title: Re: Why Consider All Altcoins Bad
Post by: ven7net on February 21, 2020, 04:06:18 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

I believe that bad information about altcoins is created and disseminated by competitors or people who pursue their personal goals. Of course, out of the total number of existing altcoins, there are workers and smiles, but there are also those who have not yet managed to realize their full potential. Moreover, the more new altcoins appear, the more competition there will be and the faster we will see really worthwhile projects and the ones needed for the whole community.


Title: Re: Why Consider All Altcoins Bad
Post by: aemma on February 21, 2020, 04:26:03 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

To be sincere, anyone generalizing that all altcoins are bad is certainly wrong. There are thousands of them out there, there are even countless of them coming up everyday, so yes it's wrong to say such. There are projects out there with good use case, working products, working services which everyone is seeing as well as using such as Binance exchange, where different fiats are supported; such as Ethereum blockchain where projects are given the opportunity to launch on, use of smart contracts etc. The only important thing is, one should be careful of what a project says it offer mostly the new projects, in such case a study has to be carried out to be on the safer side.


Title: Re: Why Consider All Altcoins Bad
Post by: Winscosinally on February 21, 2020, 05:37:28 PM
Eighty percent of altcoins have proven to be bad investment for investors that's why they consider them as bad investment plan, the trust is now diverted to Bitcoin only and few for top 10 altcoins, I don't blame investors about this


Title: Re: Why Consider All Altcoins Bad
Post by: bonyaserg on February 21, 2020, 05:58:20 PM
Personally, I think the projects are very promising and when the cryptocurrency market becomes stable there will be much more good projects. Now they only have to wait and believe that there really are projects.


Title: Re: Why Consider All Altcoins Bad
Post by: Drldrl2767 on February 21, 2020, 06:35:21 PM
Altcoins produced without a particular technology should definitely disappear. However, generalization, like all altcoins, will be an error. There are coins with great technologies in terms of processing speed and security features. For example, HOX Coin has attracted a lot of attention since it is a smart contract project recently. In addition, binance exchange issued very good altcoins on the ieos.


Title: Re: Why Consider All Altcoins Bad
Post by: Mianae on February 21, 2020, 06:37:21 PM
It's an individual opinion so to say. Some people from their loss or scam experience tend to hate on similar experiences. If I bought any altcoin in 2018 and held to date I will tag all altcoin as bad because I have lost money from my purchase. Just yesterday alone, money has been made by people. Classification comes from bitter experience people have here.


Title: Re: Why Consider All Altcoins Bad
Post by: Crypto5060 on February 21, 2020, 08:10:51 PM
Altcoins are not bad but a good number of then are and it scares a lot of people aware from them. Many have ended in exit scams, price manipulation and so on.


Title: Re: Why Consider All Altcoins Bad
Post by: salty on February 21, 2020, 09:13:27 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
To be honest, I only hear about those projects that the community is making noise about.If you don't talk about an altcoin,then of course I don't know about it.


Title: Re: Why Consider All Altcoins Bad
Post by: julius caesar on February 22, 2020, 04:58:15 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts
Well for me altcoin is considered bad because some of them is having a hard time to recover when their price has dump. Some of the top altcoin has the ability to recover fast because of the investors that is continuously supporting those top altcoins unlike those altcoin that is below. They are having a hard time to rise up because of the lack of support of investors.


Title: Re: Why Consider All Altcoins Bad
Post by: Leah38 on February 23, 2020, 07:01:01 PM
Not all altcoins are bad. Maybe that's the dialogue of someone who lost so much on trading  and investment. There are still some alts that has potential and still ongoing development.


Title: Re: Why Consider All Altcoins Bad
Post by: Bossfidelity on February 23, 2020, 07:10:00 PM
I'm personally not of the opinion that all altcoin are bad. It's an obvious fact that majority of altcoin we have in the space are scam projects whose promoters are only interested in enriching themselves and cashing out once they have their target. I still believe that there are few great altcoin projects that are worth investing. My risk appetite is far low at the moment and that's why I'll stick with ethereum as my major altcoin holding.


Title: Re: Why Consider All Altcoins Bad
Post by: Moshaid on February 23, 2020, 07:12:57 PM
This is mostly based on assumptions of the rumors around or what some of them have experienced in their early investment in altcoins, because the top nine altcoin on coinmarketcap are not bad for investment both long and short investors. Although the main reason behind the capitalization of altcoin being bad is because most of them doesn't have a good working product which brings about the drastic fall in price.


Title: Re: Why Consider All Altcoins Bad
Post by: thesmallgod on February 23, 2020, 07:21:16 PM
It is not that all altcoins are bad but how will you define when you have 90% of them being trash. People will literarily regard them as being bad. About analyzing a project, I discovered that many of them are just repetition of an already existing project with little or no addition of new features and this is exactly where the problem comes from and I begin to wonder what exactly they all intend to achieve. There were sometimes that I do believe some dev always look for a project that has history of raising good money from ICO and they will also launch similar project.


Title: Re: Why Consider All Altcoins Bad
Post by: pixie85 on February 23, 2020, 08:38:02 PM
Not all but most of them are bad.

I'm not a total bitcoin maximalist but a very close to being one so I see maybe 1 of every 100 altcoins as important to the economy and able to achieve something. The other 99/100 are just not needed and they copy and repeat the ideas from other projects with a small twist like a different mining algorithm. This is only done to make more money from people who weren't able to mine the original and think they can succeed with the newest clone.


Title: Re: Why Consider All Altcoins Bad
Post by: bttmember on February 23, 2020, 09:35:18 PM
It is just a perception and the major factor is long downtrend that has put most of the altcoin holders in despair and they feel guilty that they should have stayed in only btc or eth but i think it is part of the game that market plays and personally i am very confident that all good coins will be back sooner or later so it is like the test of temprament for coin investors and hodlers that will ultimately be fruitful it is just about patience for now.


Title: Re: Why Consider All Altcoins Bad
Post by: Swordsoffreedom on February 23, 2020, 09:40:41 PM
It is just a perception and the major factor is long downtrend that has put most of the altcoin holders in despair and they feel guilty that they should have stayed in only btc or eth but i think it is part of the game that market plays and personally i am very confident that all good coins will be back sooner or later so it is like the test of temprament for coin investors and hodlers that will ultimately be fruitful it is just about patience for now.

People are saying most of the alts are bad, but I think it is not the fault of altcoin, actually it is their own fault, they are too much lazy for doing proper analysis before investing.
As an investor, if you want to make profit, you'll have to have the minimum analyzing skills of when where and in which coin to invest in.


Title: Re: Why Consider All Altcoins Bad
Post by: ekans45 on February 23, 2020, 11:09:58 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

It is not required to create more crypto for it to become successful, having those legit coins out there is enough to say that crypto was booming. The problem is that there are a lot of projects created that doesn't give a real value that is why a lot of them fails. Also, if it has no supporters or there are no people patronizing it, it will probably fail because it lacks on the adoption. Maybe if the coin or alts are good enough and it generates a lot of users it will surely become successful.


Title: Re: Why Consider All Altcoins Bad
Post by: joinfree on February 23, 2020, 11:17:59 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.

I guess you have answered your question in a way. Generalization does not mean definitely that every entity fits that description but my little knowledge of statistics we can make a conclusion by just studying a sample of the population. That does not mean every entity fits our description but it's likely that most of them are. hence most altcions turn out to be worthless after raising of funds.


Title: Re: Why Consider All Altcoins Bad
Post by: dongosquad on February 23, 2020, 11:27:33 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
___
Only one reason that crossed my mind: Because people who think that have ever suffered a loss or bad experience with altcoin chosen. In fact, there are a lot of potential altcoins that are very profitable, assuming the top ten coinmarketcaps deserve that title. So it is not fair if it is generalized and equated with new coins or tokens which have not been proven to be of quality that are even made with just playing without a clear purpose.


Title: Re: Why Consider All Altcoins Bad
Post by: patz22 on February 24, 2020, 02:45:40 AM
Some altcoins already gained their reputation when it comes to the market so meaning to say not ALL altcoins are bad, maybe some people will say it, it is because they are fed up with scam projects or maybe dead projects who didn't deliver their platform in a given timeframe but there are some that are still hidden that is about to be discovered once they made a difference.


Title: Re: Why Consider All Altcoins Bad
Post by: STT on February 24, 2020, 11:45:05 PM
Bad and unproven are too different things, people just stop caring about new coins because they dont have time to examine the details.   There is nothing wrong with innovation and efforts to improve protocols, the original BTC wasnt monetized is maybe why so many are skeptical.


Title: Re: Why Consider All Altcoins Bad
Post by: jerrison on February 25, 2020, 12:34:36 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Crypto has so much given loads of people loads of things to look at and so much analysis to look into when the talk of crypto and altcoins in particular comes up, you first consider the money involved and how its going to be invested before or after returns. Altcoins are always not seen as great investment project assets just because the ideas behind the projects are not properly communicated. It will make things look like altcoins aren’t actually good but in reality, I do not consider altcoins as bad.


Title: Re: Why Consider All Altcoins Bad
Post by: bittick on February 25, 2020, 01:14:09 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
___
Only one reason that crossed my mind: Because people who think that have ever suffered a loss or bad experience with altcoin chosen. In fact, there are a lot of potential altcoins that are very profitable, assuming the top ten coinmarketcaps deserve that title. So it is not fair if it is generalized and equated with new coins or tokens which have not been proven to be of quality that are even made with just playing without a clear purpose.
The majority of bad words of altcoin comes from those who were choosing the wrong project. This is a common thing when those who are getting profit will give a good review about altcoin while at the same time those are suffering the lost will give a bad review. This is something that can't be argued as totally depends on the personal experience.


Title: Re: Why Consider All Altcoins Bad
Post by: Pamadar on February 25, 2020, 03:05:21 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Crypto has so much given loads of people loads of things to look at and so much analysis to look into when the talk of crypto and altcoins in particular comes up, you first consider the money involved and how its going to be invested before or after returns. Altcoins are always not seen as great investment project assets just because the ideas behind the projects are not properly communicated. It will make things look like altcoins aren’t actually good but in reality, I do not consider altcoins as bad.
If you can take time going deeper and properly investigate with projects that you are eyeing to invest both your money and your time, the chance of
getting good outcome still possible. Alts are bad to those who thinks that this industry is the quick passage to gain easy money, the realities behind
this business always needs to have great educational background, learning the principles and wisely playing with every market movements are very
important to become successful and see the benefits and not just the bad things or the risky part of this business.


Title: Re: Why Consider All Altcoins Bad
Post by: Xampeuu on February 25, 2020, 04:11:52 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
___
Only one reason that crossed my mind: Because people who think that have ever suffered a loss or bad experience with altcoin chosen. In fact, there are a lot of potential altcoins that are very profitable, assuming the top ten coinmarketcaps deserve that title. So it is not fair if it is generalized and equated with new coins or tokens which have not been proven to be of quality that are even made with just playing without a clear purpose.
The majority of bad words of altcoin comes from those who were choosing the wrong project. This is a common thing when those who are getting profit will give a good review about altcoin while at the same time those are suffering the lost will give a bad review. This is something that can't be argued as totally depends on the personal experience.
experience can not be fooled, but sometimes we are out of luck, because analysis is not always true. therefore the way to address something is the main goal. many projects that seem good, but ultimately fraud too. of course the scamer makes the project case as well as possible to attract investors


Title: Re: Why Consider All Altcoins Bad
Post by: TheClownSong on February 25, 2020, 09:31:08 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

With more than 5000 altcoins on the market, it's only natural that only a few can survive. Investors will definitely prefer altcoin which has great liquidity and this makes most altcoins do not have good performance in the market other than not having a clear product roadmap.


Title: Re: Why Consider All Altcoins Bad
Post by: Lexurdania on February 25, 2020, 09:41:54 AM
Many people consider altcoin bad because of the many scams that occur. Many tokens circulating in the market, the price is far below the ICO price and this makes many people consider altcoin as a high risk investment.


Title: Re: Why Consider All Altcoins Bad
Post by: BitTraderCute on February 25, 2020, 12:31:27 PM
Many people consider altcoin bad because of the many scams that occur. Many tokens circulating in the market, the price is far below the ICO price and this makes many people consider altcoin as a high risk investment.
its only happen on shit project with unclear roadmap or product for their ecosystem. many altcoin projects as speculation projects that might be the developers team want to take money from investors, and oddly enough investors want to speculate too. they thinking someday will take alot profit after listing in market and dev team able to create FOMO.


Title: Re: Why Consider All Altcoins Bad
Post by: jcpone on February 25, 2020, 01:11:30 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

As far as I know, all of us here or majority believed that not all altcoins are bad in the market. Because if it is true cryptocurrency won't survive in the market just like what we saw it right now. `It means, crypto to anyone are giving earnings in different ways it can be in the campaign project, mining or doing trade in the platform.


Title: Re: Why Consider All Altcoins Bad
Post by: Ashong Salonga on February 25, 2020, 07:54:56 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

I agree. Not all projects that offer new sets of Altcoins are bad because there are still good and reliable as well as legible projects out there. Let us not generalized that all Altcoins are bad just because of the recent happenings that involves most projects that turns out to be scam or a failure. There are still decent projects that have good intentions and aim and are just waiting to be discovered and noticed. But because people tend to be afraid because of such generalization, most potential and good Altcoins are being affected and suffering which turns out to be failing even if they have such good ideas and aim to help people specially for the sake of the bounty hunters out there. If we keep this wrong mindset, we can turn out to be killing those potential Altcoins. We must delete the past and just let it be a moral lesson to be careful and mindful to be observant and check if such project we join is legible or not. There are good projects out there that are just waiting to be observed so we must not put bad generalization about Altcoins because if there is bad Altcoins, there are still good Altcoins. We must not enclose and embody that all Altcoins are bad because they are not.


Title: Re: Why Consider All Altcoins Bad
Post by: irixo10 on February 27, 2020, 04:21:43 PM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

Truly generalizing that all altcoins are bad is totally wrong I believe anyone saying such might have participated in bad projects which dealt with him thus the generalization. There are many altcoins which are good even though they aren't among the top altcoins, the team within these altcoins are working hard and their community is seeing the results as well, there are many of them out there it only takes good research to point them out. Also, if one is skeptical on the type of coin to hold, starting with top altcoins is also good.


Title: Re: Why Consider All Altcoins Bad
Post by: travwill on February 28, 2020, 06:06:44 PM
Bad and unproven are too different things, people just stop caring about new coins because they dont have time to examine the details.   There is nothing wrong with innovation and efforts to improve protocols, the original BTC wasnt monetized is maybe why so many are skeptical.

I agree with your answer. Why bother with new projects that are growing by leaps and bounds, promise mountains of gold and always look the same.
Real projects themselves speak about themselves, because the cryptocurrency community is very developed and always sees really worthwhile projects.
If you are interested in investing, then focus on existing projects.


Title: Re: Why Consider All Altcoins Bad
Post by: BlackRed on February 28, 2020, 06:11:57 PM
All of the shitcoins are invented to make inventors rich


Title: Re: Why Consider All Altcoins Bad
Post by: Wintersoldier on February 28, 2020, 07:11:41 PM
Bad and unproven are too different things, people just stop caring about new coins because they dont have time to examine the details.   There is nothing wrong with innovation and efforts to improve protocols, the original BTC wasnt monetized is maybe why so many are skeptical.

I agree with your answer. Why bother with new projects that are growing by leaps and bounds, promise mountains of gold and always look the same.
Real projects themselves speak about themselves, because the cryptocurrency community is very developed and always sees really worthwhile projects.
If you are interested in investing, then focus on existing projects.
I think the reason why there are still people who supports and invest their money in new projects because they believe that it can caught up and increase it's price just like existing projects today. But in reality, new projects are just a waste of money and time, that is why it is better if we just focus on existing projects that are valuable for us not to worry too much.


Title: Re: Why Consider All Altcoins Bad
Post by: Pecunia non olet on February 28, 2020, 07:41:54 PM
There are some factors that cause that investors are sceptical about their furure. Nobody knows how altcoins be regulated because many of them are securities - made for profit and creating securities without regulations is a huge problem.


Title: Re: Why Consider All Altcoins Bad
Post by: vvu351 on February 29, 2020, 08:22:45 PM
There are some factors that cause that investors are sceptical about their furure. Nobody knows how altcoins be regulated because many of them are securities - made for profit and creating securities without regulations is a huge problem.
Of course, Altcoins are great financial risks if you keep coins in your portfolio in the portfolio for a long time.


Title: Re: Why Consider All Altcoins Bad
Post by: Visbay on March 03, 2020, 02:19:14 PM
There are some factors that cause that investors are sceptical about their furure. Nobody knows how altcoins be regulated because many of them are securities - made for profit and creating securities without regulations is a huge problem.
Of course, Altcoins are great financial risks if you keep coins in your portfolio in the portfolio for a long time.
Risk is there as they usually don’t increase on their own, they need to follow bitcoin for their price fluctuations. We all understand that altcoins are abundant in number which usually escalates the situation for investors for picking up a decent coin. Keeping dead altcoins only put you in the loss.


Title: Re: Why Consider All Altcoins Bad
Post by: letyouearn on March 05, 2020, 09:38:56 PM
Altcoins are usually considered bad when people enter this market on pump and temporary lose their profit. If you buy altcoins in the right moment you will praise them like we did in 2017 :)


Title: Re: Why Consider All Altcoins Bad
Post by: roaringunknown on March 09, 2020, 10:13:09 PM
Most alts are nothing more than promises - invest in tokens like temtum that didn't do and ico OR ieo , privately funded and now working with Anguilla to deploy their national currency.


Title: Re: Why Consider All Altcoins Bad
Post by: Mr. Sovereign on March 09, 2020, 10:24:33 PM
Most alts are nothing more than promises - invest in tokens like temtum that didn't do and ico OR ieo , privately funded and now working with Anguilla to deploy their national currency.

https://chbt.ch/ has done all that only they have working, real world, products that are in use by the legal, medical, and insurance industries.  And that is just the beginning.  These guys are servicing entire worldwide industries, not just one tiny country.

You have not heard of them because, like true professionals, they got their product working and rolled out properly before inviting people to check it out.


Title: Re: Why Consider All Altcoins Bad
Post by: muffinitem on March 09, 2020, 11:12:16 PM
Most alts are nothing more than promises - invest in tokens like temtum that didn't do and ico OR ieo , privately funded and now working with Anguilla to deploy their national currency.

https://chbt.ch/ has done all that only they have working, real world, products that are in use by the legal, medical, and insurance industries.  And that is just the beginning.  These guys are servicing entire worldwide industries, not just one tiny country.

You have not heard of them because, like true professionals, they got their product working and rolled out properly before inviting people to check it out.


They have done all this? As far as I am aware they don't have an LOI for a national currency like TemTum...


Title: Re: Why Consider All Altcoins Bad
Post by: Valzador on March 09, 2020, 11:18:47 PM
You have not heard of them because, like true professionals, they got their product working and rolled out properly before inviting people to check it out.
have they expanded their products on a global scale? I haven't heard about this project from anyone other than you, it's strange but in fact, the real project sometimes doesn't get attention from people at all.


Title: Re: Why Consider All Altcoins Bad
Post by: gaston castano on March 10, 2020, 04:39:55 AM
perhaps because they are caught between fraudulent projects or buy projects that are not successful, of course, there are many different types of alt and you will not be able to analyze them all, this requires a lot of time.
So, why not invest in existing partners, it's good and has an impact in real life.


Title: Re: Why Consider All Altcoins Bad
Post by: Vishnu.Reang on March 10, 2020, 04:50:07 AM
No one would consider all the altcoins as bad. I have been into this sector for more than 3 years, and I would say that altcoins have brought in a variety of new ideas in to the field of cryptocurrency. Without these altcoins, we would never have concepts such as smart contracts and completely anonymous transactions. But then, the current scenario where we have 10,000+ different altcoins is clearly not sustainable for long.


Title: Re: Why Consider All Altcoins Bad
Post by: scaryvirus on March 10, 2020, 05:51:00 AM
Quote
Without these altcoins, we would never have concepts such as smart contracts and completely anonymous transactions.

Bitcoin invented smart contracts in 2009 and is the biggest smart contract platform in the world with the most developers, no matter what centralized eth scammers say. Just search github. LN literally runs on smart contracts, dex's and atomic swaps were on bitcoin since 2013 due to smart contracts. All of ethereum's success is from lying about their decentralization and taking credit for others implementations.

https://miro.medium.com/max/838/1*tGV_GjevVrSgTSM0mNV-PA.png

Not all coins are altcoins too. Monero is a legitimate altcoin with intelligent developers that created decentralized network with unique anon transactions.

Ethereum is not a cryptocurrency, it's not an altcoin, it's not a decentralized network because its developers are either idiots or scammers that designed it centralized via premine. This isn't debatable.

Do not confuse dislike of ethereum as dislike of altcoins because ethereum is not relevant to this field in any way shape or form.

This is how stupid ethereum scam is:

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FS5hE3IA.png&t=611&c=Snmj6CyHhRCfcg

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FW7Tur2u.png&t=611&c=DTR24YgftQXH0g

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FaaTa94z.png&t=611&c=7EfYyiBSz2YQVA

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FnSSZlg4.png&t=611&c=_HoehzsCWf8UQg

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FeDY9gGY.png&t=611&c=x_wjsEtnFKTiiA

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FpI0hbfQ.png&t=611&c=Y3oIkYdNKIvemA

Consider centralized scams lying about your safety bad, best example of which is ethereum, the exact opposite of Bitcoin or altcoins.

Bitcoin and altcoins have a common enemy - malicious bad actors like ethereum vitalik's premine, zcash trusted setup backdoor, iota coordinators.

They have been explained how not to scam since 2014, and our mistake was treating them as rational people, but they are not - they are scammers, treat them only like scams, and do not let them call themselves cryptocurrencies or altcoins, they are literally not, 1 central trusted party in control is a property of all those projects by design, not debatable, which makes their promoters scammers and illiterate with no exceptions.


Title: Re: Why Consider All Altcoins Bad
Post by: ife2020 on March 10, 2020, 06:03:39 AM
The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.

your thoughts

A lot of people rate Altcoins bad because they have experienced several investment of theirs gone wrong.

I do not agree with you on time to analyse project, because as an investor, your core priorities is to invest right, which means you need to use as many time as possible to ensure that you make the right call on projects to invest upon.

Always dyor, and altcoins are bigger than the top 4


Title: Re: Why Consider All Altcoins Bad
Post by: Lexurdania on March 10, 2020, 06:55:40 AM
Many people consider altcoin bad because of the many scams that occur. Many tokens circulating in the market, the price is far below the ICO price and this makes many people consider altcoin as a high risk investment.
its only happen on shit project with unclear roadmap or product for their ecosystem. many altcoin projects as speculation projects that might be the developers team want to take money from investors, and oddly enough investors want to speculate too. they thinking someday will take alot profit after listing in market and dev team able to create FOMO.

Agree, scam projects tend to be like pump and dump projects and this makes investors lose money to buy tokens at high prices. When prices reach the highest price, usually the developer team dumps its tokens so that there is an oversupply in the market which makes the price drop. Such projects usually do not have products and only last no more than a year since the initial listing


Title: Re: Why Consider All Altcoins Bad
Post by: akwfleaspirit on March 10, 2020, 08:31:47 AM
Not all altcoin is bad, many altcoins in the market have someway proven to be very good. They have been existing for years and still waxing strong. Many altcoins can only be bad if proven to be so. Many who rate altcoin bad may not have done good research before investing, and when they loose to one or two, all others becomes same.  Point is, before you invest in any altcoin, be sure to have carried out research on the coin. Not all altcoin is bad.


Title: Re: Why Consider All Altcoins Bad
Post by: bitcoinst on March 30, 2020, 05:09:45 PM
Do not blame only investors. The developers of most alternative coins also see in their projects only in a speculative nature.
But I agree with you that it depends on the investors which project will receive the investment. In this case, investors should always choose projects related to the real sector of the economy and business.



Title: Re: Why Consider All Altcoins Bad
Post by: crypto595 on March 30, 2020, 05:48:49 PM
With partnerships with governments to provide a national digital currency to be announced soon, TemTum is one altcoin which is going to come out of this pandemic not only stable but thriving.


Title: Re: Why Consider All Altcoins Bad
Post by: matchi2011 on March 30, 2020, 06:21:00 PM
Do not blame only investors. The developers of most alternative coins also see in their projects only in a speculative nature.
But I agree with you that it depends on the investors which project will receive the investment. In this case, investors should always choose projects related to the real sector of the economy and business.


Project with real deals and reason to exist from this industry, there are lots of projects around which are intended to have a better cause but surviving
from this types of economy is really tough to any developers. Support from communities are very important if they provide  reasonable promises and
keep the investors in the right track then surely the chance to survive will be there.