Bitcoin Forum

In beginning of 2018 there were a lot of alcoins was launched in market, Most of them was just to scam people with typically referral method by social influencers.

This was also a flaw of Ethereum blockchain where any single person can create his own coin with his desired supply and name by costing very low fee.

As with the help of Ethereum blockchain where it was super easy to generate any coin it was easy to launch any ico with high promising goals and convince people to make their money multiple x.

Those scam or ordinary platform make alt market dirty game. And this impact very badly on the genion project where many traders lost their interest.

In my opinion most of project just created without any project. They just make coins and waiting for high market cap. No one answer why people should buy their coins. For me i join project which have solid project and reminds me i should buy and keep their coins. Like HOX Token which i heard about recently. HOX going to list 3 big exchanges and developing own mainnet and mobile app.

It all started in 2017, when people see how profitable these coins are crypto space became a target for scammers, simple! huge money have been made by scammers in this space and they walk away freely, its investors turn to use research to escape the traps of these scammers

Shitcoins have existed way before that. Since bitcoin there has been numerous pointless projects riding with the term "blockchain" that offer nothing new is made of promises of anonymous devs. This isn't a new thing that started in 2018 or -17 and tokens are just a part of it, before tokens there were clones.

I have been a bit away from cryptocurrency the past year.

But from what I have seen that past month where I have come back a bit, it looks like inflation control is one of the biggest killers.

After that, id say it must be that the vast majority has no purpose at all.

The classic coin being launched these days have the ability to set up masternodes and then they are advertised as moneymakers.

"Setup a node and earn passive income".

But in reality, its a waste of power and ram.
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Projects need a solid plan.

What problem are you trying to solve?
What service are you trying to out-compete?

Get everything ready before the coin/token launches, not after.

Speaking from experience.

Majority of the altcoins are dead or worthless because they didn't have any utility as such. Majoroty of the coins were intentionally created to dupe investor's money without having a solid plan to build a solution for the market. We all can see the result now, the market is dead and ICOs are facing a huge credibility issue where no investors are putting their money into it.

I don't disagree to the fact that we had few good projects as well where the owners actually tried to build something serious. But they were also lost with the time and couldn't get back on track due to the downfall of the market.

do you mean, the old altcoin registered in the market or the new altcoin that was just launched?
if the old Altcoin you mean is Dead, because it has no further price developments / there is no demand in the market.
Meanwhile, new altcoin depends on the project developer, if the developer can develop their project correctly and have a product that functions according to their road map then still has a chance to continue to grow.

Actually, you answered the question asked in the topic thread very well. However, I think that not all ideas were pre-planned scams. Unfortunately, but in such young markets, most projects usually fail. The fact that they started drop more and more quickly, was a consequence of the fact that the bear market began. The fact that the bear market lasts so long will make many of them never ressurect again. Unfortunately, but the financial markets are very ruthless, and the more, high risk cryptocurrency market.

You got it right!

Projects that do create coins from other platforms doesnt really give anything new but rather just using it for the sake of money making in most cases.
Yes, weve been flooded by lots of erc20 tokens in the market today which doesnt really offer something new.ETH is the main one and should really be used
but scammers and fraudsters do really make use of this flaw.

Lack of real usefulness and real use case are the reason behind many dead or failed projects, most of them are just repetitive of old projects and no investors will have interest in them, some are made to just scam innocent people

I am interested in the analysis of the colleague above that indeed most of the new projects that are developed are only for a momentary profit and do not intend at all to try so that the project can develop properly. the main goal is to be able to get profit and after completing ico, they also finish by taking advantage. so many investors are traumatized to want to invest. there must be a change and good cooperation so that the scam project can be lost.

Moreover, most of the coins issued in 2019 repeated the fate of the coins of 2018.
In all the variety of this garbage, only those coins that appeared as a result of the launchers of large exchanges, such as Binance, Bittrex, Okex, Huobi, and so on.

These coins continue to be on the market in the list of the top 100 - 200. No matter how the public is concerned, they have a trading potential.

True. You answered your own question correctly. Most of the altcoins are worthless because they are just the clone of other coins. They serve no purpose or contributes nothing to the crypto currency market. They are just created by the developers and then the price are also pumped by those scam developers. Once the people see the price of that coin sky rocketing, they jump into investing on those coins. But, in the end the developers dump those coins and cashes out their profit. Thus large number of people suffer from losses, and that coin eventually dies with no value at all.

Most of them that ended up dead were created for the sole purpose of getting money for the devs' pockets. They had no intentions of developing their coin into something usable but mere money grab from gullible investors. Those copy-and-paste projects without giving innovative feature are also guilty of screwing people. But I think by now, crypto users know how to detect such crap projects, that's why ICO projects are not selling anymore.

Hopefully this will recover after a long period of being silent, and even if these altcoins wasn't able to obtain a good value, giving up isn't a solution. Just stay focus on your goals and keep holding of your asset. Nevermind what's going to happen, at least you're having your potential conpared to those who never tried. If these coins continues to be in the marketplace, isnt the end of it because there's always a bigger chances once crypto world will boom again.

They lost investors because of their own mistakes about making projects based on trial and error and they do not have a real product that can be developed, so it is not surprising when investors are no longer easy to be deceived by scam projects that may still be popping up everywhere, because now they are will only focus on investments that promise large returns in bitcoin and other large altcoins.

They become dead or worthless once they have no values on the market. Moreover, if the developers/teams leave them without any information and further development. You won't result in anything if you hold coins with less interest from investors. Then finally, those are delisted from exchanges because of lack of transaction (buy-sell).

Yes.

The effect that it made was seen by 2018. The quick drop of ICO investors took place by that year and until now, many don't want to invest to ICOs anymore. Even with the replacement of IEO, it's just on the beginning but after that it's no longer on the interest of most investors.

We've got plenty of altcoins already and the ones that are generating or coming to the market, it's up to the choice of the investors and what kind of alt that these devs are making.

because the altcoin has a project that is not good or has the same idea as another altcoin, other than that the altcoin project has no progress, so investors are not interested to investing in the project and make altcoin from the project become dead and has no price, because no one wants to invest in this altcoin.

A lot of projects happen to advertise themselves to a very small target audience or a smaller than expected audience, or as others have mentioned here, just don't ever end up having a stable userbase due to a variety of issues that can sometimes result from fundamental problems. Altcoin demand's since decreased pretty significantly from its highs in 2017, though I wouldn't be surprised if we have another version of 2017 and 2018 with a flurry of newer coins trying to reel in newbies if Bitcoin starts another major bullish trend.

I don't think it was all on Ethereum. The thing here is that even if Ethereum wasn't created in the beginning, there will still be scammers and shitcoins, nothing will solve people's greediness. The failure of the coin was due to that fact that they really don't have any solid plan to make the coin worthwhile. Most of them are money grabbing coin/token to attract investors from which the developers once have their desired investors, they can just runaway.

Don't blame ETH for ICO scams. It's not the fault of ERC20 tokens that people fail to see them for what they really are (mostly just a way to donate to devs). Nobody is making yo pay for those things. It's not the fault of a rotten apple or the guy selling rotten apples, it's the fault of the buyer!

Most altcoins are worthless because they have no use. People were making them to gather money or just to make something different. Different doesn't mean useful.

Is it a flaw or is it just abused?
The problem here is how people think and not the technology offered to you.

God made a fruit which is forbidden to eat but yet we are still that hard headed being a human and ate the forbidden fruit.
That will never end.
If at the beginning, the real purpose is to scam then there will be other ways and not just thru ERC20. They will always find ways.

Definitely, creating more altcoins is not profitable these days. Investors are wise choosing which altcoins to be hold and buy that is why most of the altcoins in the market were being left behind and worthless. And yeah, they created coins for fund raising without any serious goal, real products and good purpose which makes the altcoins being useless at the end.

Seriously, devs are easily creating coins or tokens using erc20 by ethereum blockchain and that makes the market more polluted because most of them were not really contributing any significant use to the crypto market.

sure creating an alt and become succesful is a hard task now due to the number of coins available in the space but  nothing is still impossible for a team that is seriuos and dedicated for thier advocacy  . if thier goal is to create a useful alt to help our lives more easier  , better they prove it and advertise it harder  .  when few people notice it , that is the start of their growth once people  try it and will get satisfied   . i dont see any reason why they can become dead as long as they keep on updating it   .

Ethereum blockchain is not only to blame for the numerous number of scam projects that are existing because if no one will invest on it then no one will become a victim. The investor itself has a responsibility in making a decision on where to invest, not conducting a research is the problem and sometimes they are greedy for the high return.

Altcoins that are worthless has no uses and you will know this if you did your part as an investor.

In my opinion running an ICO project this year has been very difficult and most people don't really trust the ICO project, maybe to run IEO has been very well implemented for now, from the emergence of IEO it will restore the confidence of all investors ..

But if there is someone who has an idea for a good system from IEO, it might be discussed by all Bitcointalk users, but most of the projects presented don't have very good prospects for Crypto growth, even current projects, just looking for profit from projects that are they run, not thinking about Cryptocurrency growth ...

They have nothing to offer that's why they are dead, any coin or token that's build by weak team or not really need features it will end up in the dustbin, the choice is left for investors who are looking for young projects to hold for years be careful where you put your money

Majority of altcoins platform dead because either they are outdated or didn't have better alternative solutions are already outperformed their platform, This is what happened if your projects have a lack of vision for the future and new possibilities that the world has to offer every time. The world is advancing so the best will survive and worst will fall! So be smart to choose and invest in the right coins.

Yes you are right, the customer is your banner if he satisfied with the program he will automatically advertise your work, your company

and if you scam his he will speak up where he could maximum.

Its because these altcoins dont have any use cases at all. They are just created solely for the money. Sure there are some people that have shown support on them on their ICO or something but as the projects progress, if they even progress, does even nothing to its investors.

When something gets a lot of attention or becomes famous people will naturally want to get a piece of it. That's what happened to altcoin, everybody want to be part of it launching many ICO. Some were legit but there were a lot of fakes and scams which hurt Altcoin so bad. People now have lost its interest in altcoin because of the bad image it received.

because most of alcoins have idea or ideas and have no practical realisations just promising . Never more
That projects who provide to world necessary solution will become a real fintech company

It all happened in 2017 when Bitcoin was in it's peak, a lot of them tend to start new project to make profit. A lot of alts failed only because of their team and development was to cheat people 'scam'. And most of the investors lost faith in alts and yes only handful alts are surviving in the market. The past two years have been brutal to for the maximum number of altcoins and it slowly became worthless in reality.

Creating a coin easily, and the absence of regulation and investors ignorance help scammers to scam a lot of people, after two years people have learned a lot about crowdfunding and they found out so many of these are scam projects, just a duplicate of past and failed projects and there's really no realistic platform to speak.

indeed many cases that make altcoin worse but usually they are the CEO of altcoin only think of the money and profits he gets and do not think long how he can get a lot of profit when altcoin can still survive until a very long time and many who use altcoin for transactions and can provide a lot of profit from that moment, it's also possible that the CEO does not have a good concept and can attract investors and eventually many altcoins collapse like this.

Because too many people create altcoins in order to just make money on it and then when they already get at least some kind of money, this altcoin stops developing and the creator or creators of this altcoin simply run away with money, and also many altcoins simply become unnecessary to anyone, even if these altcoins have a working product.

Since the last two-three years ago, there has been to many shady projects going around. And they cannot even survived long enough in the market.
Which only leave the shit coin/token behind. Especially token based on Ethereum Smart Contract, it's very easy for people to create one.

We also have too many failed or scammed projects. Which make the little bit successful ones, well not that successful either, cannot have a great price once they listed in the market.

Most of present crypto projects are complete worthless in fact and their token's price is pumped only when some whale or exchange uses it to drain money from hamsters' wallets :)

I think the most reasons why those altcoins are dead because it was only created for a sole purpose to earn money from it and scam its investors, others altcoins also have no real use case that's why it has no demand for its tokens/coins that result in dumping and eventually die in the process. some are promising but the team has decided to stop its development due to funding issues. that's how I thought.

At first ICOs are indeed trusted and not flagged as scam. It's just that after the 2017 bitcoin bubble where some alts pump scam ICOs become a trend and so many developer took that chance to fool some investors. This resulted to ethereum downfall as most of the ICOs are using their blockchain to create erc20 tokens for their platform.

Even up to now this is still the case but good thing is IEO enter and make those accusation little bit light but some exchange copying the IEO of major one such as Binance make it worst and continue the scam of some little projects. Continously, scam is everywhere and this cant be avoid whatever trend comes to this market.

In crypto platform both promising and worthless projects are available in the market. So we must actively monitor the crypto platform because number of best projects also available in the market. I hope everyone expecting the worthy project so we can work hard in crypto environment surely never loose the investment. I think number of projects are entering the so peoples are move to better projects so we can adopt the better projects we will make profit.

It's mostly because of the lack of support and the idea behind the project is not strong enough. According to CoinMarketCap, only 82 altcoins have more than $1 million daily trading volume. but there is more than 2500 alts in the market.

The amount of money in the market can't sustain putting too much money into all the bad ones as well as good ones. There is already very good coins in the market, many people like them and they are doing pretty good, so there is no reason to put money into the bad coins.

Reality is most of the coins are just horrible ones that nobody works on anymore, they are not developed, they are not hyped, they are basically just dead because nobody does anything about it. on the other hand there are good ones that constantly gets better and better and used in more and more places so logically they just get all the attention and of course the money.

If any dead or worthless coin wants to get better, all they have to do is develop to be better and do marketing of it.

I think we already have enough coins in crypto space, every single places that needs digital currency have been filled, Airport projects, hotel projects, Real estate, Donations, Dapps, etc but nowadays new projects are using different names but same ideas, very boring to me and I'm sure its same for many investors out there too

An end of 2017 and early stage of 2018 was crypto era, they know very well when who started work in there, i think half of altcoins enlisted in coinmarketcap in which time. Most of crypto projects created in ethereum chain, you can create easily if you are a programmer or it possible to create through any other platform where you have to cost 5$ or something more.

maybe the main reason is because market demand is smaller than supply in the market, on the other hand we can see that making your own token through the ethereum platform is quite easy and it is not surprising if someone can use this platform for cheating.

Most projects were copied and emulate other progressive tokens.

The altcoin token path is the easiest in the crypto sphere; if an altcoin product, dapp or blockchain is poor, it will end up worthless and die.

That's one reason there are so many de listed tokens

Because nobody cares mate. All people want is making money here and now. They would invest in Binance IEO to make fast profit, rather than to wait for a good coin to raise. Furthermore, the market was falling throughout 2018 and 2019, so no wonder that almost no new altcoins performed well.

Most projects only created a token and not a new technology for a particular need

Temtum created a new blockchain and consensus algorithm which allows it to be faster, more secure, greener and more scalable than bitcoin and other blockchain technologies

their use case is a nation currency which they have deals in place already

and the fact they funded this project with 10m usd of their own cash without any ICO or IEO shows how serious this project is

This is not like all the other projects which build a token to raise cash for the founders, and this kind of token will not die in the market, but the other tokens will

TemTum did 3x in 2019 ! - not all coins failing only those with no technology or actually contracts with states and not just so called partnerships with nothing companies

In my view, it's too easy to make coins, and when in 2017-2018 the demand for crptocurrency is very high scammers take advantage
of this opportunity. When that number of ICO projects that appear very much, and we can see after that many investors have become
victims because of ICO projects up to now many are scams. And if the projects are successful even because the purpose of creating these
coins is unclear benefits, many coins left by the developer. And one by one coins become dead coins. In this case it will be repeated like
this because it is not clear rules about making cryptocurrency.

In my opinion. Only altcoins with legit marketcap can only survive this bear market. Yes they died out due to the fact that investors only invest with pioneered coins that has been here for more years already. I only see them invest with IEOs of other platform such as Binance. Who keeps gaining much but after that will still jump to btc, eth, xrp, ltc and other potential projects. New projects that came from ICO or unknown IEO will died on the process cause no liquidity incurred.

You’re right, Ethereum Blockchain has given people the opportunity to just start up any project they want without plans at all. Even scammers are now misusing because it makes things easier for them and they can just start up as many projects as much as they want and use it to scam lots of people. Such a situation has discouraged a lot of people from participating in new projects and people now sees ICO as a scam because scammers have made it seem that’s how it is, which is very bad.

I don’t know how this problem will be solved, but it is up to investors to be smart and avoid bad projects.

Its mainly because most altcoins in the market dont have a real use case, it was just build with pure hype and no product at all. And to take note that they have a fraud team who just want the funds gathered in their fundraising. Or some of them stop on developing their product.

By all means that most of altcoins are specifically made to exploit the funds and assets of investors, but what can you expect with people nowadays? they will surely search for a chance to deceive others. It is the reason behind why investors are in doubt on investing their money on new projects in light of the fact that majority of them are as of now mindful about the approaches utilized by scammers. Thus, investors should be cautious to abstain themselves from losing their assets for nothing. A few projects will attempt to trick you by their promises and you need to ensure that you will do your research before investing or else you will end up simply like every other person, losing their assets for trusting a project that doesn't give them a assurance that their investment will be profitable.

Most have no usage at all.

The biggest difference between altcoins and mainstream currencies is their characteristics. For example, Ethereum smart contracts, Litecoin lightning trading, etc. are their characteristics, and many altcoins are copied from other currencies. There is absolutely no distinctive altcoin, it will definitely die. No one cares. Therefore, we need to stay away from such cryptocurrencies.

That and most people are jumping from one coin to another because all they want is to catch a pump. Nobody holds altcoins for long they're but a trampoline to launch yourself into the big world where rich investors are finally able to buy 1 or more bitcoins and settle.

I see only the same thing reocurring in the altcoin sector. Poor people from India, Pakistan, Philippines start from scratch earning pennies then when they finally have some money they go to another coin and another trading catching pumps and finally go towards one of the big coins like BTC, ETH, BCH.

Because is no more trade volume like was in 2017 and also cause many people not invest now on crypto after they see price of bitocin where is from 20k.

Poor people from the Philippines just want a security when it comes to their investment and of course we work hard for it and as long as people from the Philippines earning from their trade, they will continue doing that no matter how small or big is that. Most altcoins are dead because of no usage in the market and even the poor people know where to invest properly. Bitcoin and eth is the safe haven, no one wants to miss the pump on this two great coins. Poor people are those who don’t know how to invest properly, even if you are on a rich country and even if you have the money.  :)

With relation to this, although some of this alts are not scam the problem is that because of the number of alts out there, we cannot determine exactly what is their difference with each other. Clearly, they have no concrete goal or feature that can standout to other alts. On the other hand, as an investor we should really study first the alt before investing and we are not dumb enough to invest on something that has no credibility.

That is, the popularity of cryptocurrency and hysteria that makes it much in demand by many people are used by fraudsters for profit. So there are many projects that are built only based on efforts to get the most profit, without regard to the full use of the project. So that resulted in several projects that were no longer being developed and the developers disappeared. This can be a lesson for us all, promising projects are not necessarily legit, many things are unthinkable, so consider carefully whatever decisions you will choose in relation to investment, including ICO and IEO.

well indeed when having many friends who already understand cryptocurrency will avoid scams, but sometimes many new traders are shy to ask questions so that they get caught up in project scams and get scam on ICOs and other coin offers so that, it's not only that that makes altcoin prices fall and can not be expensive maybe it could be because of its development is not too good so few use and market conditions are also not too crowded, when market conditions are crowded it will make a lot of cryptocurrency prices go up like today many altcoins are making price increases because traders place exchanges has begun to increase

its not about the volume its the project it self why they are not interested to buy that coins. If there are no use cases of that coins /tokens it will surely be dead even the loyal community will leave sell thier coin/token if they see that they can make any more improvement to the project.

None of the projects with active development has undergone death in the cryptocurrency market. All those who have died are mostly scam coins, copycats and a few abandoned projects which showed a lot of promise in the initial phase. When I first entered the market in 2017, I also made the mistake in investing a few of these coins. It happens to most of the new users and there is nothing that can be done about it.

As we know that many project came in the crypto world to just book their profit and they wont be doing anything for the project and the price if the coin will not be going good and that is the reason no one will go to buy that coin which result in the dead coins.

The main problem of all of these worthless altcoins is that they do not have any use case in a real world. Their tokens are used only for price speculations which is very bad in a long term.

So true, lots of projects created tokens in eth platform but there are no enough loyalty. How can possible to uses all of those projects? investors deceived from most of projects. You can check that real uses projects survive strongly. Volume is no matter, i can't depend on volume for this current altcoins situation. Indeed, most of coins dead for real investors dropped out.                       

People take advantage of things created with good intentions. Just because allow the creation of a smart contract does not mean it should be abused. And records have shown that even platforms that do not come cheaply like EOS to create a smart contract are not also left out in this scam ish. Many of the dead projects today cannot solely be attributed to scams. Some of them attribute the reason for their closure to the unsustainability of the project maintenance so it is better to go underground. Most Scam projects do not even get launched before disappearing to tiny air.

Most altcoin only worth with short term and bigger chance to get profit with altcoin just several hour after listing on exchange market, after price dump is become the end of some coin back to higher price and little chance with coin ever dump back to higher price, many terrible moment with altcoin delist on exchange market.

Aside from the dumping of every investor after listing on the exchange, another reason for it is because the team itself stop improving and developing their project. They just make a profit at first then they will just let the project to die to create another one. They just repeat this action that is why most altcoins end up dying and becoming worthless.

Ah the old marketcap, arguably nothing has done more damage to crypto as coinmarketcap.

many factors cause altcoin to die, or not worth it, and some of these points are because they lost to the competition and no one needed the token. on the other hand, the developer may have run out of ideas, and funds to make other events. however, even for professional teams, if the concept they make cannot survive the times, the project will die, or be worthless.

In 2018 there was a hype and people started to earn money by creating useless coins, for example people started to gather money for some goods. Coins had zero value from the beginning, because on that time cryptocurrencie world, was mostly a kickstarter. Thats why there are tons of dead coins and only few have a value.

Agree, I will be fixed that cryptocurrency prices are depends  on hype. Whatever coin that was created as long as the market sentiment for cryptocurrency is good it means the market going to bull run then the coin will have a high price shortly. In that situation the investor will never look any kind of project, they just put the money depend on the news that spread or depend on promotion that beinf held by the project then it will give a good effect for the project. We can see from bounty hunter income at that time, I was heard that there is bounty hunter who got $50.000 from bounty campaign. But it didn't take a long time before the crash came and destroy the useless project that didn't have any function for the investor. But we can see the project who survive until this time because the project has the real function for the investor.

too much shitcoins.. scams and idiots falling for them ;D

The idiots are people who do not use research on something they will love, because for those who use research in advance it will be difficult to fall in love with shitcoin at the beginning of its launch.

This is because those shit projects are only good at promise but they were unable to make it into reality. And because of this reason there are many projects that turned out worthless or dead.

If the team behind the project cannot maintain the demand of their tokens then time will come that they will end up dying even if they become successful to their launch. This is the other scenario that other projects are currently facing right now.

Simple.

Because most of cryptocurrency who already created more than 2000 up to 70% of them its a ICO TOKEN, the reason why most of them become a shittoken & deadtoken the supply was to over cause the ICO Sale Phase without making his own volume first. Its really diferent with coins went the supply was really can be control because the circualtion need to be mined first.

Yes, sometimes what we have researched can also be deceiving in the future, but at least we have understood and know the concepts that are played by the project team, so researching all projects before following them will not be in vain either, because of that I think that is really needed by every person.

To start with, Ethereum blockchain isn't to be blamed at least it contributed it own quota towards the development of many good projects. However, it can't be argued that Ethereum blockchain made it possible for most useless coins to be developed which ends up scamming investors. The fact is, this trend of creating useless coins be it on Ethereum blockchain or otherwise will continue until most people stops buying into their ideas. In addition, the main reason why most altcoins are worthless is the fact they have nothing to offer.
Lastly, it is right for every investor to be aware and Informed of the type of coin they want to invest in so as not to blame anyone afterwards.

Almost 5100 and above altcoins listed in coinmarketcap, but I think only 100 altcoins are genius projects, and others are launched to make money to start their plans, so nowadays investors not investing any more in new projects, and that is the reason original altcoins price is dead and no worth.

Not following up with the promises is probably the biggest reason why altcoins have hard time improving. Look at BNB for example, they are a great example of a coin that gains value over time because Binance keeps working on it and finds ways to improve it, look at all the dead ones and you will see that the price goes down and doesn't reflect what the community expects them to do.

This means if a coin is funded and created and even maybe listed somewhere suddenly stops being improved or worked on, the people who come in will be less than people who leave that coin, which would result with price going down over time. Keep working on your coin and even if you are not a favored one, you will eventually gain supporters that will help you gain interest with time.

Investors are majorly the victims. The space is full of many who won't stand up to take responsibilities when the ugly days come. You see, this is the major problem you will find in no man land, because of no policy and repercussion for defaulting. While the technology of decentralization is great, I do think that for Altcoins to be worthwhile, there need to be a regulating body to monitor and curb excesses. 90% of projects, exchanges, marketers, people in the cryptospace are scams with selfish interest.

Most alts are down due to dominating down  trend from many months and for the same reason and to cut losses most alt holders flipped their alt holdings to btc and eth to reduce risk which resulted in even more dump in newer coins, looks like market is improving now and hopefully all good coins will start to regain value soon.

In my opinion, most of crypto projects don't have a special product plus the lack of budget, we only see the same concepts/ideas/strategies in these cryptocurrencies that's why they are shitty and worthless and even widespread in the entire market. Futhermore, I never bought any amount of these altcoins to be honest, and I never believed their fake  characteristics, I only trust Bitcoin and other few crypto like Ethereum, Bitcoin cash..ect.

I do not really agree with your second paragraph, if that was really a flaw most platforms today won't be existing, most projects which moved to their own blockchain might have faced unwarranted issues. Ethereum blockchain really made launching a project easy but it was us that gave those projects the power; while we helped most projects to stand through investing etc at the same time most made away with our funds. Also, there is no doubt there are many useless coins around but we shouldn't forget there are good ones too and therefore in order to stop the growth of these worthless coins it's neccessary to focus on those with real use case etc. Let's always study every project to be sure before investing.

That does not cause it but the majority of the icos were created for scamming purpose. They have already made by incompetence developer without any skill to develop the altcoin.
That is a big problem when the tokenization is not having a standard for whom can issue the token.

There are altcoins that are not patronizing by investors because of the common traits and features. Most of the investors are patronizing altcoins that have good and unique characteristics. I do not buy altcoins that are not popular because it only means that the traded value is very low. The altcoins are mostly dying because of the low support from the community, if we will buy altcoins we should make sure that it has high volume and the liquidity is also high.

Developer not care with his coin after listing on exchange market, just prepare for listing on exchange and then never serious what happen with their coin on higher or lower price, maybe after getting much profit by selling their coin allocation then they have plan for make new coin again and looks not have quality time for other coin before.

Some coins are created to be worthless from the start, they are created by scammers and some coins are created with the hope of getting it mainstream but unfortunately, the competition is eating them up and the devs although with no intention to scam investors have no choice but to leave the project, this is the sad state many altcoins are suffering now.

Yes some coins are created to fail right from the beginning while they can be very hard to spot I advice we go for popular coins instead, altcoins are very risky and you could lose your invested money unlike bitcoin that will recover even if it deep dive into the ocean

For my point of perspective most coins cant survive becuase they dont have any development. After collecting huge amount of money they slowly abandoned the project it self. Leaving the project into a another dead projexts.

i think it because of too many old project that abandonned by the developers and their team. so the coin become a dead coin.
also, to many scam coins and FUD in some altcoins that make some investors won't buy the coins and the holders sell their coins.

Because ico is easy to deceive funds, and the benefits are realized in advance, the development team naturally has no confidence to continue development. It is easier to write a white paper for a project.

Because, many projects were originally created for the purpose of profit, through the sale of coins on exchanges, to some others, they were simply not lucky with a team that broke up due to various factors.

To develop any good coin, you need a very strong development team, and there are very few of them.

Yes we experienced this era and people moved on. Most investors were scared from investing again. while some diverted from crypto investors. currently, we are having issues with quality Projects that have long term futures. Most current projects in the markets are all short term. Investors are scared of putting their money bceause they are scared of people dumping the token on them.
I believe this is as a result of what the earlier activities of scammers in the crypto Market created. the fear of investing in the crypto market is still there because of what the early scammers did.

Everyone who invested are profit oriented so that says they are into profit why they run the project through crowd funding, however, there are two types of project, the legit and the scam ones, and we know that scammers does not have future plan on the project, all they want is to take the money from the investors and then abandon the project any time, and because of the lack of regulation int he crypto space, they are not afraid doing their scammy activities.

All the altcoin which were created only for the speculative reason, will definitely become dead or worthless over the time. I mean to say, an altcoin should be created with the purpose like some real life application. Without that, any coin will definitely cannot sustain.

Token is something different which is like acting as a stock market for a project . Similarly altcoins also can act like a stock market but the corresponding project must be having real life application so that it can grow in value. If devs are looking for making money by selling the coin then that altcoin will end up becoming worthless.

I don't think that its about the money, yes there are some projects that only care for the profits that they can get but I think they are also doing their part to make that project successful. Maybe I can say that the situation as of mow is not that easy because if we look at the market and the price of dominant crpyto which is bitcoin, it is really not on the good value but it is somehow recovering as of now. The point is that even if we cannot get a lot of profit in a particular campaign. Just think of it as a support to that project because we are a community that needs to support each other.
Investing is such a risky one when it comes to making profit when you are involved with cryptocurrency because you are not one hundred percent sure that your investment will grow but still it is your decision to make because it is your responsibility to know.

They are profit-oriented by scamming the investors. They have no clue about what will be created by them all. It looks like that people must understand about that. The majority of scammers are using various reasons to avoid the accusation. To determine how strong the team is not an easy task.

Some devs are creating altcoin just for money, and the projects are just turning into shit after the crowdfunding, they only want to get the money that investors will be investing in, that's why a lot of projects and the same time with the coin are being worthless and dead. There are still decent Devs there are actually creating a good plan and actually trying to make it work, It's just hard these days to specify which project will have a good outcome or which projects just want a quick way to get millions of dollars by scamming.

Well... not all of the altcoins were created for the purpose of speculative investment. There were coins such as TRX and NEO, which were created for niche fields. But these coins have also failed to take off. For example, TRX was intended for the online file sharing market. But hardly anyone is using it for that purpose. The problem is that many of these coins were over-hyped and due to that the promoters ignored the basic aspects. 

When one altcoin project created, the team will have a purpose on what they want to do with the altcoins. People will look if that altcoin can give benefits in the short term or long term so that they will buy the coins, and if they think that the coin can provide more benefits in the long run, they will hold that coins in a long time. If people think that the coin is not worth to buy and hold, then they will leave the coin, and they will not try to buy the coin because people cannot get the benefits from the coin. So that is normal if we see one or two coins finally are dead without a chance to survive, and the team is not supported anymore to the project.

fraud, greed, lack of seriousness, and various other factors, are the things that make most altcoin dead, or worthless. some projects that I know of like that are Centra or CTR. a few years ago, the project had a remarkable achievement, until the things I mentioned piled up on their CEO. this happens to other altcoins.

1. Lack of real use cases
2. Lack of seriousness of the teams
3. Ignoring the advise from members e.g telling team not to list on bad exchanges they know nothing off and refuse to follow advice
4. Some teams aren't just professionals as they claimed to be

ICO projects are still not regulated by the states even organizationally, and therefore attract many scammers, especially since the process of raising funds in the ICO format can occur almost anonymously. Therefore, it is logical that there are many abuses. However, this will pass and over time, only the demanded types of cryptocurrencies will remain on the cryptocurrency market. In the meantime, we need to carefully choose the objects for investment.

Let me add another thing,

5. They are just literally made for pumping and dumping.

Some altcoins suddenly seems so dead after the moment they become enlisted in a particular exchange. It's like that after months of hyping for the price to soar high and make it become well known, whales and bounty hunters will dump their coins and never buy again. It's sad to know but this is what I noticed in the new ICOs nowadays. So here's my advice, much safer if you will now stop looking for the next "promising" coin. Just stick with bitcoin or if you really love alts then at least choose the good old ones to avoid greater risks of losing money :).

making new altcoins is not that easy because you as a CEO may have to make good projects and have high demand and can even ease an existing problem so that it will be needed by many people and you can create new projects and you develop into new altcoin, if you only make altcoin projects without thinking too much like that might just be shitcoin.

Yes, I do agree and you got a point right there OP, because legit projects cannot launch their platform due to not having enough funds because of these scam projects who just want to suck people's money hence they will not proceed. However, there are other coins/tokens that are listed but being dead in few months because of the same reason: exit scam, not enough funds - bear market, meaning the value of ETH/BTC that they raised were devalued.

if altcoin doesn't think about investors and the community will obviously die, many projects will be left by investors, so you can find it safe, by investing or buying coins that already have a strong team and strong fundamentals

That's right, all altcoin projects obviously always think about investors and their communities, because those two things are the basic foundations that really need to be strengthened by the project, so naturally the project must look after them very well.

Because most of them was something like Ponzi schemes, inventors launched shitcoins only for making profit.

i strongly believed that investors and marketers are expected to research and know more about a project before investing. go through the whitepaper, check the team and make sure they are qualified for the task, follow up and make sure their is weekly updates especially on the social media platform.

i guarantee you that if can follow up altcoin project with all these procedures, there is a high percent chance that you can be able to fish out scam project and authentic ones. it has nothing to do with the ethereum platform. the crypto ecosystem is a decentralized platform for all to join. Both Good and bad. it is your choice as an investor to do your research well before investing.

Because those projects are useless and no products after a long time of operation. I have seen great projects created in 2018, but until now those projects are dead because they cannot have products and update projects. Be careful when choosing altcoins to invest because more than 90% of altcoins in this market are bullshit

These ICO/IEO mafia are still around with different names and partnering with some bad exchanges to scam the people. I think people are relatively wise now except for newbies who want to test the monkey water of IEO. Some of these former scammers resorted to opening exchanges with high incentives and still end up scamming traders and shutting down. These days I do more of trading.

I think there are a lot of reasons why many altcoins becomes worthless or dead right now. Some projects did not meet their required capital during ICO or IEO so maybe admin abandoned the project. Market situation lately is bearish causing investors to stay away from crypto investment.

Taken a closer look at most of these altcoins that has been launched some years past and some that are still be launching is, they lack that view of making these projects great, all they are looking for is hie they can get money from these projects and abandoned them forever such as what we have seen. These developer have no ideas of pushing these projects forward to benefit investors, rather they execute their hidden plans to scam investors. For your information, any altcoins without a real world case use is a shitcoin and scamcoin, avoid them, please.

There are lots of cryptocurrencies that it's difficult for every coin to get attention in the market. Besides a number of coins are literally dead, there is no development news, no community engagement and so on
 

It caused by they have already taken the wrong step that makes them all get rekt. As you can see if so many scam projects have already started caused by the developer is very incompetence.
Amateur developer can do nothing except raise the money and then they will steal the money.

Or also maybe developers already reached the amount that they've need to runaway and forget about the project that they've created. Take time to enjoy the money then comeback then create another project and try to attract investors by giving lots of promises.
Alts are being used to earned quick money since scammers understand how to play.

It's not true and how about top altcoins are still following the recent surge that happened with bitcoin? If you are watching the market right now and you will know that. Too much dead coins caused by they have already ignored by the users and speculators.

What else can happen with alt when it gets abandoned by developers or supporters, or both, for any reason? It will become dead and worthless! I don't think all of them are initially created to be scams, simply they didn't have what it takes to develop the idea. There can be many reasons for an idea to fail along the way, not enough knowledge in the team, lack of support and money... for whatever reason, even if it's some small one they fail. Scams are scams, those projects don't last to long, they serve the purpose once they cheat enough people.

Full of shitcoins and worthless coins and the worst is some are scams when they reach their softcaps they take all the investments and leave their investors, and some altcoins now that is in the market doesn't get managed well and no updates or upgrades listing and something that can help it progress more, it's hard to find a good altcoin that has an promising idea and a good management but alcoins are not dead just find some and support it because it may be not good now but will make a progress in the future

Most of altcoin is dead or does not have a good selling price due to several reasons such as the performance of developers and project teams in promoting their products in the market, unable to attract market investment, low trading volume and coins are difficult to develop. And that is the criterion for altcoin to be dead or worthless in the market.

Mainly because of 3 4 main reasons, like:
1) Investors fomoed into investing in new good looking projects which were not practical just whitepaper and promises won huge investments.
2) Teams proven to be in competent and failed to come up withany valuable product.
3) Lost of interest from investors, community and team itself.
4) Failure of team to list their coin at good liquidity exchanges and low or no volume resulted in loss of value of the coin.

Some coins are just under pressure due to long bears season but they can come to life if the team comes up with positive developments and the coins gains more trading volume.

Of course if investors are no longer interested they will throw away all the coins or tokens they hold and of course investors will also turn to projects that are more convincing and possible to get more profit. In addition to the community, a solid team, and products, which affect the alt ecosystem, there must be renewal at least once a year, otherwise the project will die slowly and be defeated by competitors. and I think alt will also last long enough if the project becomes a pioneer of new solutions or innovations. like alt tops, they are long enough to survive and their ecosystem is strong enough, even though the bear market is too long.

Top cmc 100 ranking coins? don't depend & expected on blindly all of those coins & researching before investment. More garbage coin in the top ranking. Is this Kick coin what the hell is going it’s  unbelievable. New altcoins will buy & sell higher price when first exchange listing so that short time holders chances to bigger profit. And when after new coin hype is no existing than dump will come.           

It is still very easy to create a token in the ethereum network, the only slow down is that the ico bubble is long gone, no more gullible investors to be deceive anymore, people are wiser now than before so this definitely will force the number of project coming in the market to reduce,
The market is over saturated with pump and dump that created temporary to make money, even though there seems to be less of them maybe ones the bulls are back they will show up again.

Either they don't care about their projects or they are just clearly robbing our money with something called "IEO" scheme. Most of the new projects now are scam-run attempt from scammers, that's why most of the IEO now it's not successful compared to what happened in 2018.

That is the most important part. They listed their coins into shit exchanges that means death to them.

Majority of them was not created with good intentions, that's why developers can abandon their project and some even exited scam. That the effect of the 2017 market booming. It really gave a lot of room to scammers. But now people are more wiser.

Indeed. Not all of them was created for good intention that there were only created just to trick other people for them to earn more money, that is why a lot of investors have stop participating in new projects nowadays because most of them are worthless and scam that investprs don't receive any good rewards.

Unfortunately, I knew one really cool project that couldn’t take off, interesting community activity, quite strong developers, but, unfortunately, the main person in the project was too stubborn and did not accept criticism, as a result of which the project plunged into oblivion.

Crypto projects are unpredictable so anything can happen, we can't predict the human minds so the team can do as they see fit with any project, the real back bone of every projects are the capability of the team

Most altcoins are already dead zombies. In most cases, they have no real use case and few developments in the pipeline. So their valuations are just not sustainable and were fueled by pure speculation.

I don't think it's ethereum's fault because they only provide help to anyone who wants to create a new altc. all the faulty new Altc developers who are less responsible, sometimes they just make Altc to make themselves rich quickly using the name ethereum as a whip to attract investors.

Nothing can be more altruistic and apt like this statement.  The trend created massive fear and scepticism in the mind of investors and left them in dilemma as to which coin to believe in. For confidence to return in Altcoin investment,  I think some kind of background check by investors  should be carried out.

Actually the reason for many outcomes to be useless is not only from the ethereum blockchain, waves and other blockchain are the same, which I think is wrong by the altcoin developers because in my opinion, there are currently too many projects with the same theme and also because there are no restrictions on altcoin so there are many projects that die because of this, and the death of a project is also caused by a new project because akurasa holders are more interested in the new than the old project so that many investors leave the old project because of this.

I will add another factor that may caused new project (most likely) will be end with zero value and I think the situation of the market will affect it. You can count how many projects that were increased in price when 2017 ago but the projects have no real function? I am sure it was much. Even I was thinking that the project who didn't have any value right now is the project that didn't have any real function that can be used by their user. They just take an opportinity to launch the project when the market situation is good.

Sure, the ETH platform only makes it easier for altcoins to be created. The problem is that the owners of altcoin projects, they create altcoin projects to scam investors and try to make as much money as possible. We need to eliminate all altcoin scams in this market in order for the market to go up

As I would like to think the greater part of project just made with no venture. They simply make coins and sitting tight for high market cap . Nobody answer why individuals should purchase their coins. For me I join venture which have strong task and reminds me I should purchase and keep their coins.

yup i believe the one who responsibility for every project is their own dev and owner. If they start with a big good picture usually they will succeed. For example TRON whos now getting big when they turn acceptance into the gambling world. Many now try them since they fast and good enough for deposit option, but as a withdrawal option, if it more then some limit they had to be split as i knew and already test it.

The main reason why there are a lot of worthless altcoins in the market is that they have no clear difference or new feature with those existing alts. They are probably created to scam people or look for an investor that they will fool with their crazy project assumptions but in fact it has no concrete foundation.

New altcoins are currently created solely for the purpose of pumping out dump. It is only copied from altcoins that already exist in this market and nothing too different. I hope useless altcoins will die soon so that better altcoins in this market will be cared more and invested more.

It happened then and still happening now where most projects are nothing but worthless, they come up with absurd ideas just to make way with funds generated and most of these projects are having their IEOs on most exchanges known for having bad records. On the part of Ethereum blockchain, I see it as a blockchain contributing its own obligation to the development of the crypto space, so whatever anyone makes of it doesn't concern the blockchain. Just like many scam projects used Ethereum blockchain in the same way many good projects used Ethereum blockchain and are still using it; therefore it is all a matter of perspective.

Basically often developers of new altcoins do not have clear ideas and objectives to achieve and they are not sure what their project is going to provide to users.
As you mentioned, they are simply able to launch projects but lack the capability of rubbing the project through ups and downs.

An altcoin can only be worthless or dead when the team want it to, that is, is it possible for someone to be working on a project, putting his efforts, money, time etc and the project still dies? The answer is NO. So everything comes down to the team playing their part, if they are willing to work, the project will continue surviving and so is the altcoin as well. On the other hand, there is no need to blame Ethereum blockchain for anything, humans are unpredictable and those creating scam projects were after money while some who created a good project were after the well-being of humans. Furthermore, there are still scam projects coming up everyday so there is need for due diligence at all times.

Indeed,

They just simply create a new project and launch it in the market without a proper layout of where the project will go in the long run. They just create a new altcoin for the sake of money (simply making a new project as their source of money) and will just abandon after they collect enough money for their own good. They just repeat this cycle over and over that's why more altcoins keep on dying.

I do agree with that. if the team is sincere in advancing their project and they already put too much resources in developing their platform, i don't think they will want their project die without a fight. they will find ways on how to stay afloat in the business. many projects that were dead were mostly created for the benefit of devs' pockets. and they don't have the intentions to move forward. even if the project is faced with bear season or criticisms, they will work on their project and continue to serve their objectives. that is, if the project is authentic.

This is true, most of the people creating tokens for making money and launch their tokens in different new exchanges and also paying BTC or ETH to old exchanges for their listing. When they got listed then, investors and traders buy these token and got lost due to greedy people who created tokens, so ETH blockchain should maintain criteria for token creators like verification of good project and some others so that traders and investors do not lose their money due to shit altcoins.

When I started in crypto market way back 2017 a lot of projects were all in bloomed.. But suddenly only a few survived.. Mostly were all failed and others were all SCAMS.. A great community and a strong support from it's own dev team can make a project at it's finest and not turned to SHITCOIN.. continue development and following roadmap can bring a project alive and kicking.. Even if it's slowly as long as investors sees dedication to team they will continue to support it..

This is a nice suggestion however it will lose its objectivity of having a decentralized manner where everybody has their rights to create and adopt new platforms. I know its quite absurd to use tokens freely just for promotion of new projects, I am in favor of the suggestion but there should be a catalyst that instill and preserved its purpose.

most of these developers are unable to compete with other projects, or they are satisfied because they have gotten a lot of funds, and they have made products, and put their products into the market, after that they left. many projects get worse because of that. some die, and some of their CEOs become greedy and make the project a scam.

Greedy because they have made a lot of money through their crowdsales, once after listing also they will make money by selling their hold tokens. I have seen many companies which they will raise for the developments and for them it is impossible to find the developer for their product developments. During their crowdsales, they will place the wrong profile.

Like this there are many projects failed to develop what they mentioned because due to the crises of the market situation, whatever the coins they raised through IEO, crowdsales lose value. This makes many companies failed to develop the products whatever they mentioned.

Lack of good use case can easily kill a new coin, some developers are so stupid to waste time on projects that the world doesn't need at all on the blockchain and others have bad intent like scamming investors and running away with the money

I think the main problem why they are not getting popular and needed at market, that there is nothing unique on their technologies provided and that's why nobody want to invest in to suspicious cryptocurencies also because of lack of assurance on that techonologies which means lower proofs that the project will continue development and interest from people

I think some of these coins were manipulated as pump-and-dump schemes. Unbeknownst (or perhaps beknown) to the coins creators, ICO tokens could be bought up in massive amounts by a small group of investors who would then dump them onto an exchange at the first opportunity, dropping a coin’s valuation so low so suddenly that the coin was essentially “killed.” Various token sale models have been created to prevent this from happening, but that hasn’t stopped many from falling victim to this scheme.

I understand what you are saying but at the same time this market is supposed to be decentralized, the solution that you are proposing to try to reduce the number of scam projects created is in fact admitting that decentralization is not really possible, what we need to do is to try decentralized solutions and the only real option is to try to educate people about the dangers of the scammers in this market and how once scammers get your money there is no chance of getting it back, this is obviously a slow solution but I think we are are making progress as it seems less people are getting scammed compared to previous years.

The major reason why we have an influx of worthless coin in the cryptocurrency space is because of the ease in creating smart contracts. We all know that smart contracts can be created with little or no technical knowledge, couple with the fact that one only have to pay very little amount for gas. This has given everyone the opportunity to explore and unscrupulous individuals are using the opportunity to take advantage of the investing public, flying several ICO projects to deceive the public.

Well, truth be told scam projects keeps making the altcoin market look as if it is not worth getting closer to, also not only scam projects that is, those that exited scam but other projects which are of no value, for pump and dump etc, although one can also liken them to scam. But, however, even at this ugly situation, when looking at the likes of ETH, XLM etc one can say in affirmative that not all altcoins are bad there are few out there still contributing to the growth of this space. Also, scam projects can be launched on any blockchain, that Ethereum was mostly used doesn't mean it is at fault, at least there are other scam projects which were launched on XLM blockchain.

Yes, like in 2018 when the crypto market is low, many projects have failed even though they have reached IEO because the value is so little that it is not enough to build a project, so many failures in a market like this.

If the market continues like this then I'm sure many projects will fail because of the low value.

It's good to see altcoins dead because we have too many and many of them are crap projects or pump and dump, the best thing I hopes for right now is bad altcoins to die off this haven but won't happen in an instant, investors are the one to watch out for these scam projects

Because most of them are just Copy paste and only created to mislead people and take their money that is why it did not took years and those currencies are dead already.and also scammers in crypto will never stop so expect much more of these altcoins to come and be ready and smart as well because if you did not reserve yourself from this?for sure you will be one of the crying victim of these scammers .

this is the main problem that I have been talking about for years. I realized this early on when I saw these ICOs. Most of the time people hear: "project X that will revolutionize the travel market with the use of blockchain" and people were happy with it, but they did not ask themselves when these project creators were working with the airlines, no if they asked if the creators of the project had a physical office, they did not ask if the creators of the project had already dealt with legal issues with governments, people just deluded themselves and in the end when altcoin was launched on exchanges the creators of the project no longer they were more active here on the forum and in the social networks they just kept making trips and lying that they were looking for partnerships.

There should a sanction on the ethereum blockchain where projects are giving mandates or rules before contracts are created. Infact, the crypto world should have serious regulations to cut down on the number of scam and shit projects in the market. Making it easy for smart contracts to be created is the main reason why we have so many dead projects, most even dead at arrival.

In my opinion, the number of tokens that die is not the ethereum network error. Ethereum only provides a blockchain and everyone can use it to make tokens for business or other purposes. It all depends on the developer team in producing the product, if the developer team is able to produce a good product, I think investors will actively trade it

Because majority of them was dead on delivery. No real volume, worth or usecases

I guess people were half expecting there would be valuable 2000+ coins and tokens around in the market but they were pretty wrong about all of that. I mean we have some good ones, I still think the top 50 list is not a bad one, we can remove some shitty centralized ones like xpr, bch, bsv and others from the top 50 and add some others into the list and have 50 coins that are quite good.

However when it comes down to "most" coins, they are made just to be made, it is SO easy to make a coin that you can literally create one in 24 hours even if you have zero developing skills, there are ready made ones where you fill out like logos and texts and stuff and you get to actually have your own coin.

Rest is simply just marketing, if you spend 10k on a website+socialmedia+bounty+campaign type of stuff, you will end up with 100k+ in return of that and you can basically not do anything, just give away ALL the coins to people and let them deal with it.

Most Projects Developers by that time were hype up by the surged made in 2017 by the market, unexpectedly the crypto market made a historic run making a lot of sham project developers to salivate and wanted to make their own and run away with millions. I think Ethereum has nothing to do about scamming and being the main blockchain being used by projects devs, it is the projects devs who have the desire to scam people and some projects that incompletely compete and not be able to to survive.

I think the reason why there are lots of dead or worthless Altcoins in the market is that because people are continuously creating invaluable cryptocurrency coins that do not really have a potential because they are just created from a senseless idea. Meaning, there is no such unique feature in them. What makes the difference is that the name they have but the same idea is being shared. People are not already interested into same structured coins because there are already existing ones. Other Altcoins are being created just to scam people and those are the coins that do not really have a marker value. It is just sad to be true that the market is composed of mostly worthless and useless Altcoins and just crowding the market which makes it more difficult to find those good Altcoins. I think, if we will tend to clean up the market, only few coins will remain. It is good if that so will happen because it is better to have few coins that are all valuable than having lots of coins but only few have a distinct value and usage in the market.

That is without a doubt a factor but if those creating those coins actually tried to create something innovative then we could have the market moving forward but that is not what they want, they just want to get some easy money out of investors by creating those coins, but fortunately things are changing in this market and no one is investing in those coins since they have realized the intentions of those developers and now most people finally understand that bitcoin and just a few other altcoins have any chance of being used in the future by a significant number of people.

You are right, many people make coins and make ICO sales to cheat and bring in investor money. now there may still be something like that but not like before when the market was very good and many people were interested in investing in new coins.

that is okay  . creating a coin can be a busines too but they should be fair or shouldnt have scammed others    .

 they already created a coin and after getting the payment they will leave the project ?  that isnt right  . since they already have the funds why will they stop or got tired  ?  no altcoin can be dead or worthless if no lazy people or people that has a bad intention wil do it  but what can we do ? the sad truth is that they are already exist  . only we can do is avoid them 

You're right, most scammers also have bad intentions to deceive investors and take their money away. it is indeed not justified but the current condition is like that.

Tokens issued on asset platforms as Ethereum are not really altcoins, they are tokens. They are worthless because they have no meaning. They have no use case. They never had and meaning and use case. They should never be crated. Well they could be created, but they should never been traded for any serious value.

Such schemes would have died out long ago if we, ordinary people, had not participated in them.
The same thing would happen with all useless coins whose volumes are infinitely accrued by an army of bots on various exchanges of varying degrees of quality.
But it is investors who give life to any such project, and it is they who can take this life.

They may not be dead, really when Bitcoin was created it wasn't as widely traded as it is now, I wasn't confident enough either
and waited long enough to mine a large % of coins before openly releasing them to the world, may be the case with many Alt-Old-deadcoins
Basically no one trusts a new currency nowadays, but they can trust one that has been around for years (even if it is not commercialized)
People today only look at what price it reached or at what price it can reach, that's it, in the future this will be even more shameless.

We are overconfident in Bitcoin, and it is just because of the price.
The world is not written man!, the changes are sudden!
Imagine that in the future it is more "ecologically viable" to resurrect an old currency and not create it.
Imagine campaigns that try to "resurrect" certain ancient currencies.
There are projects TODAY that are accumulating "dead" coins in exchange for money, who tells you that this project
do not see viable Revive a deadcoin if you see that it has 30% of the total supply?

Not everything is said! :)
(at least me) if i was a super dark businessman, i would mine a dead coin getting a lot of accumulation while others have no idea,
I would improve the code but I would not implement it, and when nobody expects it, I would appear there, with any excuse, with bags full of hope.

The reason is that everyone can create so many tokens, and it's very easy to make smart contracts so that's why everyone in the world, creates tokens for the sole purpose of finding investors and making profit, no matter if it sells in the market or not, at least they have  trying to run it, but with this convenience it is often misused by irresponsible people such as fraudulent projects, and in the end many altcoins just die or are abandoned by their owners, we can see lately that many projects have not continued the concept even though  it's been arranged so neatly, but the market decides it all..

When you could create your own coin by paying a small fee and market it in different ways that is strategy is taken by the scammers. Normally a scammer making huge money and then would go away. The effect of that situation is still here although the number of scam projects is relatively less but it is not finished. Some Legit projects do not get available money form the ICO because investors have the fear of losing money. Many projects are dead and many are hide due to such issues.

Most altcoins are worthless, particularly meme coins. Creating new meme coin is very easy, just copy and paste smart contract code from some top meme coins and you are done.
The coin creators should think something different from the existing altcoins so their new altcoin will be able to gain the trust from people and their
coin's value will rise due the high demands.

Exactly. Anyone can simply create a token or cryptocurrency with the purpose of cashing out as quickly as possible. Only solid projects that are determined to provide real use cases to the world will stay no matter what. To say the least, 99% of altcoins will die in the future while only a small few will survive. Not only the vast majority of altcoins are created for pure profit, but most of them are not even as decentralized as one thought they would be. There's a reason why Bitcoin is still the "King of Crypto", even thought it doesn't have all of the bells and whistles of the other coins. That's because Bitcoin is the most decentralized cryptocurrency unlike any other in the world. Ethereum comes next to Bitcoin in terms of decentralization, but with the upcoming merge to PoS, that would be put up to question.

At least, altcoins prove to be a great profit opportunity for those who jump in early. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion :)

Coins or tokens that are declared dead for various reasons, such as development stops or no progress. And also because no one else uses or trades them, and some die as a scam or a scam.
Many projects end up being scams because they have no purpose, and the goal is simply to take profit or take money from investors involved with them and then disappear. Because it is not easy to make coins or tokens if you understand them well, so it is also easy to die or commit fraud.

You described it as if the big problem with cryptocurrency is that it is open source and therefore anyone can create their own cryptocurrency. Because of this, a lot of fraudulent and worthless coins and tokens appear. This is not a disadvantage, but an advantage of cryptocurrency. It is thanks to free access for everyone that cryptocurrency is developing and improving very quickly. If you limit access to it to create new types of them, there will certainly be abuses by those who will decide at their own discretion to allow someone to create cryptocurrency or not.
Potential investors simply do not need to rush to invest in all the coins and tokens that are rising in value. That is the problem, but it is an individual problem.

what is different from 2017 is said to be the golden age of cryptocurrencies with now is that we no longer see a balanced coin market. in 2017 there are many markets, making it easier for any coins that enter the market to always sell. for now the market is not balanced, everyone thinks that no. 1 is binance, I admit that too, but it's a difference I feel.

What type of balance do you expect? The market is always different when we're at high and it goes the same by the time it falls. The same scene every bear market that it falls too deep and that's why there's no difference during that season.

It's the same. There are even more projects that have been established during the start of the bull run and we see the fad of P2E and NFTs and that's made the market really crazy the same as the ICOs.

I don't mind if new projects keep popping up, because it is a beautiful thing if everyone is given the freedom to create their own crypto coin.
Later the selection process will run naturally, only good coins can usually survive. Good coins will usually gain the trust of investors and the coins
will continue to grow and increase in demand. While the bad coins, will die by themselves. Actually as long as we are not in a hurry to choose
coins for investment, then do research and analysis properly, we should be able to distinguish which coins are worth buying for investment.
That is why we must really know the coins that we will buy, so that we are not wrong in choosing coins for investment.

80% of new crypto developers are here to make money and they use their time to copy paste from other serious projects, this is why many crypto projects have failed in time, its smarter for newbies to learn how to avoid such projects, they are now everywhere.

Projects that are not supported by strong financial will slowly die, a large project has a clear vision, for example is Monaco Card which is now Crypto.com (CRO), many say that Monaco Card is a scam, but the team always convinces that Monaco is a big project And now it is proven.

Actually, making Altcoins is easy, which is difficult to find investors or capital, we can all create Altcoin projects, what if we don't have financial support we will automatically fail or die.

That's what causes a lot of Altcoins to die today, they think they can make big profits, in fact they don't, actually their goal is to make altcoins want to cheat, but they are aware that they are deceiving themselves.

Since 2017 it is indeed very much a project that is present and they can get a very large profit, so from this achievement many teams want to make their projects by providing attractive offers for investors and at the end of the project many followers feel disadvantaged by them, and at that time and until now scamers have been growing so that we cannot judge which projects do have potential.

I was not in favour of Ape coin when it was launch but letter they made some good Partnership and they proved to be top Metaverse project. I think it's little Risky to invest in this coin. I will recommend Sand or Mana which is high potential coin and Risk rate is very low. For short term it is good because already down .

You ask a good question why most altcoins are dead. You are absolutely right. As far as I know about altcoin it is the most coins or tokens created in the current market but all coins or tokens don't give time after handling for some days.So that coin or token becomes worthless. So it can be said that most altcoins are dead.

There were actually lots of potential and profitable projects that existed before but they were mishandled while others get involved in an issue without resolving it causing them to ruin the investor's trust and reputation of their project. Investors are now skeptical and trying to avoid new projects just to get rid of scammers who are hiding behind new coins and potential projects are still affected.

I think that 2018 was still quite OK in terms of the number of upcoming projects in comparison to the 2020 and 2021 hype around new tokens. The reason why 2018 was better in my opinion is pretty simple. Back then most of the new and upcoming altcoins at least tried to offer some use case and functionality to it's users. Of course a lot of them are dead again ow but at least they tried to achieve something.
In the last two years though it were mostly useless meme-coins that were created and the reason for that was not because they were needed but because the creators wanted to make some quick and dirty money without putting any effort in. Thank god that hype is over and more than 99% of those shit-coins are dead again already.

When the team behind any project lacks focus and direction. That project is bound to fail. Also, some of these shitcoins have no utilities. They are built around hype and promoted by highly influencers people and often time, without a strong purpose they fizzle out with time.

In 2017-2018 era, most of the projects were "successful" at that day where once they launched on the exchanges, the price would be really high at that time so many people using that opportunity to scam people for following the hype, so that innocent traders at that time will just invest on everything because of how easy to get profit on early ICO days in 2017-2018.

But nowadays new projects are having a really difficult time where the scammers are taking over at everything and I doubt legit projects even exist these days.

I remember that before when it was still Monaco(MCO) then it became MCX if IIRC, and then become CRO and now it's Cronus.
Some projects are making this way and they're proving their worth but the other altcoins they can reinvent and still try to get into the market. They're just good as dead.

Most of them don't really have utilities and the only thing that makes them interesting is the marketing.

Agree. There are too many coins having no real use cases. They have no good fundamentals. Sadly, they only rely on the hype to increase the values. Because of these reasons, most of the coins now are difficult to survive. Also, people are getting smarter, they won't risk their money on useless coins. People are quite familiar with the scheme of shit tokens/coins, they won't be interested anymore with weak fundamentals coins. So, there are many shit coins with have very low demand, and then they will disappear.

Just like other things in this world, practicality could be two edges of the sword. On the one side, it could make more people interested in building good quality projects based on other chains in an easier way, but on the other side, criminals try to take advantage of this easiness. Actually, not all dead or worthless altcoins are intended to scam at the beginning, as we know the crypto world is like a jungle basically, those who are strong would be the winner, especially in a bear market like this. Many projects give up affected by the winter season in the crypto world.

The cryptocurrency industry is a new industry and it takes a lot of time to mature and develop, it's not a bad thing for altcoins to die or be replaced, it's completely normal. If you want to develop further, there must be competition, the rule of elimination, and weak, unprofitable projects will have to give way to better things. We are growing and moving in the right direction, only projects that really bring value stay until the end.

Altcoins always follow the movement of the Bitcoin price, and what you are seeing right now is proof,
Bitcoin has just dropped at $20k and all altcoins have dumped up to -10% and some even went up to -40%,
but if you mean altcoin projects scam, of course it is already a risk,
therefore if you want to invest in the crypto world, you must choose an altcoin with strong fundamentals

Almost all altcoins are money grab, make sure you choose the most useful and this will keep your money in check even in a very bad market situation, if you want to take a high risk make sure we are already in a bull market, grab your money and exit the project before its too late.

As the name implies, altcoins mean alternative coins. Altcoins are currently considered a short-term investment, they don't have any real-world use cases like bitcoin, however not all altcoins are the same, there are some altcoins that are really beneficial and useful like eth.
Investing in atltcoins should only be considered speculation, not long-term investment because their future is very uncertain, can die at any time.

The dev of those coins have no soul. They already knew that the crypto market is already full and almost all ideas were already given out but they still insist to enter. This is clear that they are only trying their luck in the hopes of earning a profit. They know that there are still people who likes to pick up a new coin and those who invest on new coins are also like them who are also trying their luck in the hopes of getting rich quick.

However, some or them are still smart because they don't hodl their shitcoins for too long but they drop it once they already made some gains. Their main investments are still on coins with good fundamentals.

Because most of these altcoins do not have a unique idea for their project and use related to the Blockchain, or the team of most of these dead altcoins do not have enough capital to conduct marketing campaigns for the project or to pay the salaries of development specialists or to list the project coin in large exchange platforms and also perhaps that the altcoin project does not have interested investors, Therefore, most of these dead altcoins projects do not last long and their coins are worthless. Before you invest in any project, you have to get to know the altcoin project team and its experience and all the details from which you can deduce whether the project will live or die in the future.

Exactly. But most people are blind enough to recognize this since they're only thinking about getting rich quick. The vast majority of altcoins are pure cash grabs, as developers run away with the money during the hype period. Only a small number of altcoins provide concrete results to the public with active development and innovation. I'd say 99% of altcoins will die simply because they have no substance to them. The first ones that will go away are "meme" coins, followed by algorithmic stablecoins and single-purpose Blockchain networks (with the exception of Litecoin, Dogecoin, and Bitcoin). I wouldn't worry about most altcoins disappearing in the future as long as we have Bitcoin at our side. Just my thoughts ;D

for me personally it is very difficult to predict a new project that will last a long time and even develop. Most altcoins will sink after pumping, and eventually reach the bottom and have a hard time getting back up, as if they had been abandoned by their developers. most of the altcoins just collect funds from investors and end up leaving the project after pocketing a lot of money, what's even sadder is, they create a new project and end up the same, for long-term investments, it is better to choose top altcoins, although they are still risky, but not as big as new altcoins, but unfortunately many investors want big profits in a short time ;D

Most new projects are created solely for the purpose of raising funds to benefit the project team. So it's not surprising that most of the new projects
that are out now will end up being scams left by the development team. Because after the new projects pump, soon it will be dumped and after that
it will become worthless and cannot be sold. I very much have new projects that have been in my wallet for a long time because they can't be sold,
because there is no demand for the project.

That's why often new projects have no clear purpose and are just a copycat of previous projects. Then we will find it difficult to find new projects that
are potential and can last a long time, finally the focus of investing in top coins is much safer and more profitable. Unfortunately, because investing
in top coins cannot provide large profits in a short time. Finally, there are still many investors who seek their fortune in new projects. Even though
the risk of investing in new projects is very high and it is very likely that we will lose money.

The world of cryptocurrency is getting bigger by the day with more activity, more coins, and more developers. But most of the coins are just pranks or scams to bring in money from traders.

New coins are launched almost daily by anonymous developers. They develop and advocate coins and then give up due to a lack of incentive and interest. If the coin succeeds at a certain level the developer leaves the project or starts Premining or implements a Pump & Dump scheme to increase the price and throw it all away.

Just think twice if you really want to take the time to follow their advice.

I wouldn't say most coins are launched by "anonymous developers", especially when investors' money is at stake. The vast majority of projects want to attract VCs, so the only way to do that is by complying with regulations by disclosing team members' identities. Even so, I'd say most altcoins are pure cash grabs because their main purpose is to enrich developers themselves. They don't bring real use cases that would spur mainstream adoption. Only a select few altcoins are truly worth your time because of their commitment in bringing innovation and usability to the general public.

I'd just "stick" with BTC and ETH since they're the only cryptocurrencies that are guaranteed to last a lifetime. The rest could simply fade into oblivion as people move on to the next big thing in crypto. Who knows what the future holds for the entire crypto/Blockchain space? Just my opinion :)

Currently more than 21k cryptocurrencies have been registered, every day at least 100 new listed appear, the ease of creating projects especially tokens in BCS, MATIC, ERC20 and so on makes the number of altcoins continue to increase, this makes competition fierce so many altcoins are dead or worthless .

I think many of them create projects without being based on maximum knowledge, they just want their own profit by deceiving many traders by promising big profits. in fact, if we look further, all these scam projects do not have white papers and clear roadmaps. I think this is where most altcoins are dead and worthless. actually this needs to be dealt with firmly so that trust does not fade.

I think it's because of the lack of real use cases. and it's also possible that for another reason namely the seriousness of the team that was just pretending.
and other reasons may also be because the team is not professional in carrying out a project so that the Altcoin they develop has no value in the market and eventually becomes dead.

The majority of altcoins are just hyped projects to make money and then disappear, but there are a few that are actually serious about growing like ethereum, so they usually won't be able to survive the extended bear season.

The top altcoins will mostly be replaced by new projects as they will either become obsolete or do not want to develop further, this is common in altcoins, a lot of developers will leave the project when bear season occurs.

too much hype is part of what, most of those meme token
if hype is much, there is probability for the project not to do well

Yes, that's right, that's what I mentioned earlier that the altcoin developer is not serious in developing it. or something else I can say that they are just looking for a momentary profit from investors.
However, the most common cases that cause alcoint to not develop are because it has no future use so that the latcoin loses value and dies in the market. these are the most cases that i've seen happen with altcoins

This is why ICO died in 2018. When ICO was very rarely to be found, you could pretty much found good projects with fresh ideas with that day and most of the ICOs on that day were successful, also when they got to the exchanges, the price was pumped up to 3x from the initial price which was quite impressive on that day.

And again, once it becomes mainstream to "grab quick money" then you can guess, most of the greedy fuck scammers out there trying to "camouflage" their scummy intent and it keeps going until today because many people falling into this stuff. Compared to 2018, you can find more of scammers over the legit ones.

I largely agree with your opinion, but if the regulators start to intervene in this market, everything could get worse. There are a lot of scams coins today, but we also have experience. Our experience will be useless if the regulators take over this market tomorrow, because our area of freedom may face many restrictions. I am in favor of the continuation of the current market conditions.

Exactly, If the project cannot build and develop the project regularly and continuously, surely the project will be replaced by other projects that are newer and offer more benefits. A project that is successful and lasts longer in the market is usually those who have a really serious, strong team, and also fairly stable finances. So that they are really able to realize the fundamentals of their project. So the project will continue with real utility. But unfortunately, only a few altcoins can afford

Thats a wrong perception about altcoins. There are good number of altcoins available in the market with better technology than the top list. But, it lacks support or investment which keeps them low on the market. We need to train ourselves through our learning to find the right altcoins. If one can make this process in an effective way, then altcoins will help us generate big roi on investment.

The crypto space has turned out to be a ground for creating worthless coins that have no utility. It is so unpalatable that we are in this stage in crypto where majority of altcoins turn out to be scams. It is hard time to put an end to all this. Crypto is supposed to be a safe haven for investors not a hell for us all.
Crypto is not meant to be a ground for scammers to scam and walk freely without being apprehended

creating fake coins to cheat and loss of investor trust destroys everything, they are only looking for temporary profit, maybe this is one of the traded altcoins so dead and useless, hope this ends soon and no more scam projects

I also see that in the current BSC, there are a lot of honeypot tokens and it ends in rugpull.
Currently Ethereum has high network fees, there are some fake tokens there too, at least the increase in network fees keeps developers who want to commit fraud from using the Ethereum network for now.
By the way this is a list of dead coins 2017 https://coingeek.com/dead-coins-list-over-1000-crypto-projects-gone-in-2019/

Yes, it is true that so far there have been several coins with better technology offered in the market but unfortunately they are not very attractive to the public because so far if we see many people who make mistakes when they want to start investing, they often invest because they follow FOMO not because based on their respective analysis, so they are tempted to put funds into a fraudulent project and they end up coming out with a loss and shouting that altcoins are scams.

It's true what you mentioned about the number of fraudulent coins nowadays, this is one of the big obstacles that make all Altcoins worthless in the eyes of investors, and the ease with which projects have sprung up to make tokens so easy, and used only for fraud, although not all but in fact it happened..

As I've said before, the vast majority of altcoins are junk. That's because developers create them for profit, not as serious projects which provide real use cases to the world. It's this reason why there are thousands of altcoins being traded on the market today. Among the zillions of altcoins listed, only a few are actually worth your investment. If only people made their own research before investing in a new coin, they would've avoided a lot of unnecessary headaches.

Money talks, so I don't think we'll see a decline in the rate of altcoins being issued by developers anytime soon. At least, we know the core concept of crypto/Blockchain tech won't be going anywhere. As long as decentralization wins, nothing else matters. Just my thoughts ;D

Considering the fact that most of the alts are designed for a pump and dump opportunities, the very reason why most of it after the at short pump experienced declined.

If you are a type of investor who is keen on success, you needed to DYOR and study the project that you are going to invest your money,
not because of the current hype you'll going to buy and take your chances.

It is indeed a wiser decision buying something that you understand the usages, the chance of having a continuous growth
is very possible you can buy and hold, then wait when more progress and development being accomplished expect great rewards.

A person who have got good technical knowledge have got the ability to create his own coin. In such a way it is possible to see a big list of altcoins available in the market. These coins doesn't have any usage and just moved to make some money. Just think of the recent Queen Elizabeth II coins, everything created based on her death. Nothing beyond that, just hyped to make money out of a historical incident.

Since cryptocurrency became so popular, and shocked people with its volatility, more people jump in to gain the opportunity either to invest or become developers. Back then, both can earn a lot of money. Until then Ethereum came with its smart contract that makes whoever can build their own projects with their own tokens. People were competing to sell their projects without any proper preparation just to end failure. Or, actually, they have an ill intention from the beginning. They suck money from investors and abandon the projects (scammed) after gaining money as they expected. It's kinda halted by the expansiveness of Ethereum gas, but then came the solution like BSC and Polygon that continues the madness. I hope the crypto world becomes mature along the way and scam projects will decrease.

It's just people who are looking for money in the event of the death of the queen of England, even they certainly don't have a concept that really aims to be a long-term project, that's why a lot of useless coins have sprung up, with the aim of just looking for money alone in selling, then no wonder so many people don't believe in new projects emerging nowadays..

All types of scamming news till today are about altcoins. When crypto booms, there is also a lot of investment in altcoins. Investors should focus on altcoin selection. Avoid investing in shit or poor quality of altcoins. Considering all the negative and positive aspects, the importance of Altcoins is immense.

Weak regulation made those people who run a project highly only aim for the investor's money rather than building with a real team they only create a team that only fills the role without any real work. I saw many new projects got active social managers to attract new investors since the social manager is the one that the most interact with new people who just joined their social accounts.

I guess we have a lot of dead or worthless altcoin because lots of projects and products does not require a blockchain or their own altcoin to operate. A lot of projects impose their own tokens, because they just wants to be an intermediary between users funds and service/product. Because their goal is to sell a token, but not to be useful or offer something.

Some altcoins are meaningless, but the remainder still have a lot of value and the ability to offer its users outstanding benefits. The reason some altcoins are meaningless is because fewer people are drawn to them, which causes them to eventually lose all of their significance. Many altcoins lost increasing attention in precursor years, but they now have a lot of potential and many investors favor them for their investments.