Bitcoin Forum

Specialists believe that Bitcoin and good ecosystem projects will survive the crypto winter and grow, but many won't make it. Some fiat money will also die.
https://www.vanticatrading.com/post/many-crypto-projects-will-die

Out of the inflation more fiat have lost their values. Same as that more cryptocurrencies too have lost its market. Unlike the market, projects come into existence and get out of the market. This is the reason why experts always suggest to invest on top listed cryptocurrencies. Many projects that didn't grow in the initial days have taken years for its big progress. So, we can't get into conclusion which cryptocurrency will end or survive for the long.

Quite a lot of currencies have died in the past, some died a natural death because of a lack of survival plain that can sustain their existence in the market, but if anyone wants to hold for long-term sake then Bitcoin is the sure coin to hold.
The winter market will deal a heavy blow to the entire market and many currencies will not exist after this time but Bitcoin is sure going to see the other side even with a better ecosystem.

And I honestly can not wait for all the useless Tokens to finally vanish off our markets.  There are SO many Cryptocurrencies in the wild there is no way all of them are sustainable.  Probably not even a thousand or a hundred.  Most of them are useless duplicates or testing grounds for coding.  Can you imagine having 100 mainstream adopted Cryptocurrencies?  Neither can I.

We need a very deep cleaning of the markets if we want Cryptocurrencies to be less volatile and more trusted generally by the public.  It is hard to convince someone to get into Bitcoin when they see 'Bitcoin is dying' articles everywhere around and Shitcoins such as Terra getting buried together with all of its investors.  So please, someone, make this a reality and get all the useless Coins out!

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Regards,
PrivacyG

A lot of projects do well in good times as a result of over leveraging or dumb luck. The trend can be good when it’s on your side. The test of time is real though. Many projects won’t survive when things turn and they have to stand on their own. Much of the crypto market has been exposed as a house of cards as a result of the recent bankruptcies. This likely means that many crypto projects operating today are zombies that have just yet to be exposed as bankrupt.

Specialists used to say that we're heading for 100k and that the bull market has just begun. Then they were saying that this time it's going to be different and we won't crash so much.
It's enough to listen to all those experts on CNBC and some youtube channels. The were so confident 6 months ago and now they're mostly bearish to the point that you can hear them talking about global recession and s&p crashing another 50%. The atmosphere is so gloomy in the media that after reading a bit you feel like it's all over and you should buy meat cans, alcohol and go down to the basement.

Simply starting threads with no plan to join a discussion, counts as spam.
Op has made a number of threads (although not consistent) with very little content besides a link to the exact same webpage.

It's a very poor way to try and build traffic or backlinks, and makes discussions in the forum stale. In addition to the fact that many of the started threads are topics not deserving of one.

The specialist may turn out wrong, there is no certainty with crypto as I have often heard, all the projects may somehow survive and only a very insignificant few which may not be worth counting may disappear. Regardless with close watch, we will get to find out.

This is difficult to comprehend, can someone please explain how? how can existing fiat currency die? what does it mean for fiat to die?

Well, honestly, this is not a news cus it is something that have always happened with every bull run and bear market that follows it, this industry is currently filled with a lot garbage businesses/projects built not as to offer anything or contribution to the growth of Bitcoin and cryptocurrencies ecosystem, but built as a means to which the developers or owners of such project can grab money from as many victims (in the name of investors) they can catch, This is why we all need to be very careful as to what coin or project we throw our hard earned money into.

By fiat money, I want to believe you mean stablecoins, if I am correct, then I say yes to that.
But if you mean the traditional paper money, I did say that it might happen, but I don't think it happen in this generation, it is true that we all want fiat to go and let Bitcoin and other crypto currencies take over, but this can not happen anytime soon, and beside, I honestly think both fiat and Bitcoin can still co-exist in our financial system.

Even experts or self-proclaimed ones can't give a clear picture of what may happen to this market.
We can't rely on their speculations as they are also humans that are relying on the market movements.
What we can do is just wait and be vigilant with news and updates surrounding the crypto market.
Fiat currency is hard to die because it is under the government's mandate.
Most fiat will have up and down movement, but very rare that a fiat currency will totally be worthless.

the live span of cryptocurrency is different from the live span of fiat currency.so from my observation and my engagement into cryptocurrency it's very obvious that Bitcoin don't have to do with fiat existence, indecencies that the lives of cryptocurrency is like dependable to the life of  bitcoin while Bitcoin can be dependable to the lives of Fiat currency.

Most cryptocurrency news related platforms on YouTube are filled with contents on fallen projects; exchanges, lending platforms, tokens, Digital asset platforms etc. But, it doesn't stop them from coming back again when the market corrects. Some projects cannot stand the cryptocurrency winter and thought it wise or smart to back off for now and return when they feel ready to face the bear or bull market. Though, exchanges that failed, will face court trial and may refund their users.

I don't need to be an expert to know that meaningless altcoins will die, many and many of them are already dying but always every day other new altcoins will appear with some other innovation and also with some other meaningless project. Look at coinmarketica, there are new altcoins there every day and of course there are also many meaningless and dead altcoins there. This is a market where as much as there are many meaningless altcoins, they don't all die at the same time and as long as every day we have more new altcoins emerging and few altcoins dying, the market will be flooded with altcoin. about fiat the principle is the same as I said about altcoins

They will for sure.

The market is going to let everybody choose their desired projects and only the best of them shall remain. Bitcoin will remain and many of these projects will eventually have a lesser demand.

Because investors are going to invest into better projects and also would like to have a secured investment like in bitcoin.

Just needing some common sense right?

Shit projects or to those who arent that relevant will surely die and wither away on this market.When the market is on bearish state then this would be survival of the fittest or to those project
who had been supported by investors or community.

Expect those things to happen because not all projects will definitely boomed and flourish and considering the numbers that we do have today then its really that hard
for each project to sustain and only to those who had actual relevance and utility will really survive and some garbage that had been hyped up even they
are actually shit.

What do you mean by this?
Do you mean that the traditional money will die too?  I think that's impossible, fiat money is already tied up by the government and it's impossible to vanish and use other currency.

No doubt that those altcoins that didn't have real use will eventually die in the future.
There's no utility, the price made on the pump and dump price not generically grown just because of demand and supply and I think no one can cryptocurrency will have that feature, only Bitcoin.

Even a hyperinflation that hit zimbabwe dollar doesn't make the currency die or erased , the currency stay there but with almost no value in it , so yeaah it's like an impossible thing for a fiat currency to disappear as we have not heard it yet at least for now despite there is indeed a possibility.

There is too much crypto starrtup speculating when the bitcoin price at the top , they are all crying now in the bearish market without calculating things, no wonder they are going to disappear from now on.

This is not surprising guess actually since there are so many shit token listed on various exchange and most provably their dev will secure their pockets in bear market season because they want to earn and abandon their project. This normal cycle always happen that's why we need to be more careful upon choosing projects and sell always when we are in bullish side.

Most crypto and blockchain projects die regardless if its bull market or bear market because they are either scams or just failures. These projects aren't creating anything useful for society, they are just a method for extracting capital from clueless ivnestors, so it's natural that they fail. The problem is that investors tend to think that they are putting their money into one of the "good projects", because they easily buy into the hype, public endorsement, etc.

That is why many are saying that a bear market such as the one we're in right now is also a good thing. It effectively shakes off bad apples. And bad apples are not just those shallow altcoin projects but also those crypto companies that are generating revenue despite their bad products and bad management only because of the credulity and greed of a lot of crypto supporters which is high when the market is running smoothly.

Bad apples also refer to Bitcoin tourists, those who have Bitcoin without really appreciating the technology. They have Bitcoin without knowing Bitcoin. They're in for the dollar value not the value of Bitcoin. They can also be easily shaken off by a bear market. They can only thrive when the market's weather is fair.

in fact, there is dozen coin every month that in and out from coinmarketcap so not gonna surprise if many crypto projects will die, usually memecoin or hypecoin gamefi or metaverse, that only join crypto because the hype no future no roadmap anon team was going not die but rugpull too

Even though there are many coins that come in and out of coinmarketcap, many of them also don't dare to choose them suddenly because they have to think about everything first.
Maybe old projects die, but many new projects that are born are still alive.

This happens in every crisis, weak projects die and strong ones survive. We can see it for example in what happened when the .com bubble exploded: there were companies that disappeared, and others that survived until today.

In the same way bitcoin will survive and some altcoins too but there are many worthless projects that during a bull market can survive but in times like these end up wiped out sooner or later.

This has been a trend for a long time when crypto emerged, many projects sprang up and eventually died even before the project was quite successful in surviving in the crypto world but eventually died, and maybe what will become a successful project that will eventually die is the luna project

After the disappearance of all useless tokens from the cryptomarket, with the beginning of a bullish trend, new useless coin will appear. Moreover, many times more. The flow seems to be endless. :)

The cleansing of the cryptomarket is necessary. In part, this is already happening, but as I said, several new ones are coming to the place of 1 dead project. Useless coins are doomed to oblivion anyway. It's just a matter of time.

I am not worried at all when I see that many projects are not going to recover from current market price drop. This does not mean that cryptocurrency industry is dying. Imho, this means that cryptocurrency industry is cleaning itself from useless or weak projects. It is not hard to create a crypto contract and start a project. Some services offer creating a new project in only 10 minutes. This looks identical to offering to create a webpage with the usage of templates on free hosting. We have billions of low quality, dead or broken web pages, but that does not mean that there is something bad with internet browsing or the internet. I think similar is with crypto projects.

some crypto projects that die is a sign that they can not survive because of the development that is not serious and there is no full support for the project. this is natural selection, thousands of crypto projects did not survive during this crisis. Projects that survive are only those who have clear goals and good project management.
The more projects that die, the more new projects will appear. It's easy to create a crypto project, but to make a project useful with innovations that help the crypto ecosystem, it's very difficult.

In this era of the present that we are facing almost almost every country in the world is experiencing inflation which is falling of their Fiat value which means that even the developed countries have not been able to curb the rise of inflation and that he in turn collapsed the fiat currency or stable coins of each country during this period.

Although I also believe that at this time there are really many cryptocurrencies that can collapse and only those that have good development in the market can survive and have large volumes contributed to the field of this industry.

What else is new? I remember most of the coins/tokens I use to trade back before the 2017 bear market when Bittrex was the exchange have all disappeared from the system while the ones that are still there are basically unworthy of investment and most of them are also some new projects that came out then, this is why investment by some investors still look to only these old legends that have withstood it all before and will still do.

Just like in the real world, companies that have good foundations will survived and those that do not, will die. It is survival of the fittest.

So be wary of what crypto you are hoarding. Make sure they have good use cases and that the founders/developers have a good grasp of how to manage crypto. Even if the crypto have good use case but if they do not continue to innovate and develop their crypto, it will die in the long run. There are tons of new coins developed everyday, but very few survive like Bitcoin have done.

And there are coins made just to scam people, specially during the hype season. That give crypto a bad light, but we cannot do anything to stop it. We can only try to avoid them. With proper research and experience, you can spot scam coins almost immediately.

every cycle of btc brings downfall for small or bad projects. but negative actions like phishing have made the blockchain's user file smarter. I believe the market will recover and be more civilized in the near future.

lol Bitcoin will totally one of the currency that will last very long and many shit projects are there to only scam or take profit and gone .

so there is nothing to debate nor tackle here as it has been given for years now and we have seen that happening for years on.

Fiat is already being replaced with digital forms of payment. Crypto will become most popular payment medium in few years.

They are useless, no potential or whatever negative term it is but during a bull run, many of these projects can survive and still rise only because of the hype but I think hypes does not work very well during a bear season and that is the reason why many of those projects are dying.

Some of the investors know that those projects are not contributing to the society but they can disregard that fact. They will still proceed buying those only for the sake of earning a quick buck. That's how greedy they are. Apart cryptos the op says that fiat can also collapsed. That's true and in fact there was a news last day about Sri Lanka looking forward to make dollar and gold coins as their main currency.

It's not something that needs to be predicted, it's something that happens all the time in the crypto industry. In a bull market, projects are being created and almost all of them are performing well, but when a bear market occurs, it is time to purge projects that have revealed their weaknesses, and projects that are meaningless. For altcoins, this always occurs when a bear market comes, so we should choose altcoins carefully and sell them if there is a profit.

We all know lot’s of alt coins which are not strong will definitely die in this current bear market which is really better, only the strong projects will survive the market and I think that’s really the best, atleast we can recognize the weak and scam alt coins in the market. I prefer investing in bitcoin because no matter the condition bitcoin will always survive it, just have the mind to hold and definitely it will recover gradually, but we are having lots of alt coins currently which most of them are scam I believe this bear market will clear the market for us.

No doubt your speculations definitely might just be right. You know many Crypto projects are just shut projects they are valueless and worthless without any vision. Most of them are scam as well and are pump and dump with faceless team members and owner. Some are in the movement of meme coin with no tangible direction and founders strategically positioned to unsurp investors ha d earned money and run away with it. It is a pity that most victims of these acts as mostly new need with no knowledge and guidance in the industry.

Have you ever seen Bitcoin can't survive all seasons? for me, it is not necessary to require an expert or specialist in deciding a statement. Even beginners will know that only Bitcoin is truly compatible in all seasons. No matter how deep the bear market is, Bitcoin remains the only one that survives. If you look at the winter impact on altcoins, almost all of them cannot recover 100%.

Only noobs and fudders are the only ones who do say that bitcoin would be dead or this entire market is over without even thinking that this market had passed through lots of storms and unfortunate events
but still end up on recovering because not all the times we would be staying up on a bear market forever.There's always a recovery but people do really easily  get freaked out on the time they've been seeing
that everything is dropping or plummeting. It is really just common sense that there would be lots of projects would die and wont able to survive this specially on a bear market but of course
lots would be surviving too thats why its not an assurance even if you do put on several projects in the market to survive.

Inflation has put fiat on the brink of collapse as it loses value. People complain that the government has little solution to improve the situation. Bitcoin is rated better by far than fiat but of course you should care enough about how you use it, store it, and treat it.

I wouldn't say fiat is going to die even though in history there have been a number of currency failures. The same can happen to thousands of non-potential altcoin and you should be aware that not all cryptocurrencies can help you from inflation. Considering that bitcoin is a good choice than others, it means that you should be willing to ignore more altcoin from your portfolio.

You get a point there because each time the Bitcoin market makes any move the impart on altcoin will be huge and this has led to the death of many weak coins/tokens in the past, Bitcoin has been the big player in the market and Bitcoin is also the determining factors of the entire cryptocurrency market, so any time Bitcoin dropped significantly altcoin also follow the same pattern but with higher devastating results on the market cap of most altcoins.

I mean yeah, maybe that's for the best, a ton of it was just bullshit anyway. Unfortunatelly a bunch of good undeveloped projects will die out as well, but with the huge number of projects that poped up in crypto (unnecessary), we are unable to see the forest from the trees.