Bitcoin Forum

Yes I'm convinced that many altcoins will die osomeday. You might ask why and my answer is simple, because many projects have basically no use case at all while some are not even brought forward anymore due to a lack of developers or other reasons....
It's honestly just crazy to see that some of those projects are valued in the millions without even having delivered a single thing on their roadmap. It's nothing else than pure speculation by some people that keeps those tokens alive.
That being said I sometimes question the investment skills of some people within the cryptosphere. I mean why the hack would you put any money into thin air? Into something that doesn't even exist neither show any progress on github after all?
I personally am therefore only investing into products that show some progress and are actively engaging with the community about it. What's your approach on selecting the tokens you put your money on?

Greed and naivety. Remember Bitconnect? It was obviously a ponzi, and anyone who wasn't a moron was pointing this out for weeks before it crashed, but it still peaked at a market cap of over $2.5 billion. The cryptosphere is young and immature, and unfortunately so are many of its investors. I agree many coins will fall to nothing, and frankly, the sooner the better.

I agree with you completely. There are a lot of projects on the market that are not worth a tenth of their current capitalization. I think that over time, this whole situation will develop. Personally, I choose only projects that show a stable activity and reports on their work

Yes  I am agreed with you. Some will really gone for having no prospect and for not doing the right things on time.

I agree with you, because the purpose of most projects out there are just for making money and no real long term goals, it is pure money. Most coins will die due to lack of demand but the thing is there will always be a new cryptocurrencies that will be introduced day by day and it is just like a cycle because it is not regulated and people can make start their own ICO easily. In my early days in cryptocurrency, I'm very interested to invest on ICOs (actually I earned decent amount of money from it) but nowadays, I feel like its very hard to trust a startup companies because of this projects that are being copied and this scams. I'd better invest on a coin that is already out there and continuously being developed.

I think more or less it will be because of the government regulations since there are so many altcoins in the market that they are compromising on some things or two and that can really cause some trouble along the way if government won't regulate it, it could cause loss of high amount of money of the people and therefore it could collectively make the economy of that country less stable and more degradable .
It's good to Invest but people need guidance, there are only one or two things that will prosper and people needs to realize this sooner or later

I cant say this is unique way to investing in ICOs. Only a newbie in this world would still be wondering how to go about it. If a project is going to break barriers, it would be obvious from the start. These are basic knowledge everyone should have by default and if you don't, the market forces would be there to teach you so you learn the hard way and amateurs developer without any iota of praticability of their ideas are happy to collect your money without thinking twice at all.

Yes many altcoins were created for the purpose of money making they never get any improvement since it was launched so these kind of coins will fade away soon but not all the altcoins,so invest on the right coins to make profits.

I don't think altoins will be gone someday, i will agree that some of the shit coins will die a natural death some day while good altcoins will stay for moon that's why i keep telling people do your research before making your investment.

There are tons of shitcoins like a mushroom who are just popping up at the market. However, there are still promising altcoins like ethereum, bch, eos and etc. who will gonna stay longer and will not die. Let me emphasize to you how ethereum as an altcoin had a great platform , protocol and system that may be the reason for it being alive until now. Though, they said, there is no permanent in life including cryptocurrency, I was still keep on believing that it may survive longer than expected.

Hello, I also think that many altkoins will die because they are all bigger and bigger.
Remain only those that will be useful in use and others that are not needed will disappear or cost a penny.

   I like to discuss about numbers. Couple days ago I asked community can someone make a list of all
alt-coins that are planed as scams, and how many of all failed alt-coins simply stayed without team
or ideas to continue with work.
   There are many shit-coins as people like to call them, but how much of them are shit-coin comparing
with all existing coins? There are a lot of coins and many of them are making their way for years. Some
of them are invented recently, some before 5 years, many more will come.
  I strongly believe that many alt-coins will survive, I hope that I choose right alt-coins for buying and
holding.

Hype. A lot of people and investors are joining for that simple reason.
It is sad. They wsnt easy money and boom they got easily scammed also.
You take care of your own here. You make your money worth the investment. 100 dollars or more is an important number.
Look at them making a minimum of .1 ETH which is just 60 dollars and yet they still want it.
Yeah some may die and some will stay.

Well, you are right but what do you want? Investing is not easy and there are similar troubles on stock market. It is impossible that every company is successful therefore you need to choose only that ones which have an excellent potential. I think that there are no a secret of successful of choosing ICO. It is just luck and experience.

Yes i agree with you. Most of alt coin projects do not have any working product. Some project do not have real value. Those projects will not stay in the market. But there are projects with good working product. They will remain in market.

No, I think. It will be very hard to make altcoins go away. The market is developing, and these developments are connected with altcoins so much. We can’t be sure that altcoins could disappear ever.

The altcoin is really good if the management has a positive plan for thier project to grow and fight even the getting down. But my observation they make only project just to make money after that they throw like a trash inthe trash bin. But as you see the market many coins are managing well and they make thier best to become popular.

Yes I agree with that, maybe ICO will not survive for long time. We already have Bitcoin and it's all enough for crypto. Crypto are made to replace the current currency and became a regular payment system in the future. We doesn't need all Alt, maybe in the future just few coin which can became payment system.

Are crypto currencies significantly different from 90% of firms that fail in the first years of their work? The investor is convinced that the primary is the internal cost of crypto, not its price.

That's because lots of them are just a copy and paste of something else

It's not a good idea to invest in these sorts of projects as they generally become obsolete very quickly or were only created for scams or pump and dump purposes

There will always be space in the market for alternative assets but only the most widely adopted will retain value

Yes I agree with you lots of Altcoins with no real purpose/ products and services  will eventually die. but more new token/coin will born than die because of the trending ICO's happening elsewhere and  because of the rising popularity of blockchain many company's  has considered to used the phenomenal technology and released future token/coin too so its never ending  competition because they are afraid being disrupted if they will not Innovate and use Blockchain.

I, sometimes wonder why is it so many altcoins that are still developing and in the end, it will become useless and considered as shitcoins. You have a good point and that makr me realized that some ICOs are just created to raise money but left hand at the end. How sad that they began in a good and promising projects and goals with potentials but when it comes to being imolemented in an actual setting, they are usually failed in that status.

I agree with OP. Probably most current blockchain projects with cryptocurrencies will disappear sooner or later, I'd say even 90% of them may have no future. Right now we have like the first wave of blockchain innovations, similar to internet in 90's, so only the best projects with use cases will survive (like google for example, does anyone remember altavista? no). The second wave is starting now, with huge money and real business behind, and those projects will set a new standards.

I believe in what you say but I can not say that it is all because of the fact that altogether altcoins are only made for investors but when it crashes it will be lost.

Yes many altcoins were created for the purpose of money making they never get any improvement since it was launched so these kind of coins will fade away soon but not all the altcoins,so invest on the right coins to make profits.

Many will die and many new will come. Who knows, but last year you can multiply your investment by investing into altcoins.
Hope that we could countinue with this trend ;).

That's true not all altcoins are meant to stay because they just created to make money and not to perform its real function. Don't hold for other shit coins you can do short trading but know when to exit. Altcoins is great only if they perform the real technology they invented. Only good coins will survive but of course not all altcoins will be gone.

Yes many Altcoins are now created for the purpose of making money, they have never gotten improved since launch so this kind of coins will soon fade but not all Altcoin, so invest in the right coins to make a profit. It is good to invest but people need guidance, there is only one or two things will work and people need to realize this sooner or later

Too many coins have begun to be produced. The amount of money entering the crypto market has been divided too much.
That's why coin prices are not rising fast.
In the near future crypto money will be thousands of coins in exchange.

Yup, it is indeed true that only those projects will survive which has real utility purposes, tokens with real share value and people actually trading these tokens in exchange with availing the products and services. As an example, consider REM coin which can be used as token for identifying the uniqueness of person who holds the private certificate for their devices and login credentials within the blockchain. Now here, REM coin becomes prime utility token which needs to be used within the REMME market and thus it remans very liquid and demand rises all the time. Thus giving it more and more value overtime. I think such coins like REMME project will survive in the long run. Rest of the altcoins will surely die.

There will always be projects that will not succeed in the future but not all will fail. That is why we can associate these ICOs to gambling because we don't know if the project you into is going to succeed. I have observed that even if many ICOs failed but still many are still investing in new ICOs maybe because the profit is good whenever they participate in ICO that will succeed.

Don't expect shit coins to be stay in the long run, its value will never increased aside from the hype of whales. But I think, many shit coins will still be created because there is still no regulation about this thing. Invest only on the coin you believe can survive even the market dump so hard, some Altcoins will really here to do business and to make a good technology for the investors.

It depends of your goals. If you want to some speculate you can invest in the different alts. I don't like more than 80% of these altcoins but why not if it gives me some profit. And yes future is for the small part of all of these

That is why it said that as soon as the said invested ICO get listed in exchange immediately sell it on any profit because surely you will get back in low price that time you can buy back from the profit earned if the coin project is good. Like this you can be safe and investment also get safe.

I also believe that in a few years from now 90% of the alts will be dead.
most of them just want to  solve the problems btc comes with.
But they should better focus on real- world problems where the use of a blockchain really makes sense.

Of course altcoins will gone someday , as well as bitcoin and fiat money will do the same . Once you are spelling "someday" the question is automatically turned into philosophical and I can asure you that everything will be gone "someday" , altcoins is not exception , but know we have a variety of different altcoins and I believe we will see far more of them in next few years .

Altcoins will always exist. The rotation will take place constantly. Some coins will disappear others will appear and some coins will securely take their place and will exist as much as the cryptocurrency market will exist. Altcoins play an important role. Without them, bitcoin will be less stable and inconvenient.

We can expect that many altcoins are going to die in the future. Thousands of coins were launched but few will survived in the long run.

In my opinion altcoin will not and will never die especially now that cryptocurrency is being recognized by different countries. Altcoins might go down because of the result of their project but it will never die

I think about 90 % of altcoints will die for sure , it's a matter of time.

not easy altcoin disappear one day, I think in the future, the price of the altcoin will rise sharply again and today is the time we buy on the best.

Your speculation given may be it will on the lack of spectation or proven it cannot loss, by the way the time of altcoin is still on going and reigning. It will work long lasting till improve and make it better and better for many purposes.

Yes, I think many altcoins would die in the future. Looking the price trend which is decreasing time to time may brought decline of the certain coin. This implies that in the future only limited coins could survive.

You are right a good project is something that show progress and engage to community, some of the important factors to attract somebody to join the project is by whitepaper and active team developers, if these two are working perfectly then the project might have a bigger chance to success, alt coins is getting bigger and bigger, each day new coins coming out, I don't see it will stop yet, so the era of alt coins still long, and there are many strong alt coins that exist, so alt coins doesn't mean that the coin got no value, some of them got big opportunity to become big in the future and can generate a big profit

yes, that's for sure. but you are too pessimistic
I do not think all crypto will grow and can survive. that's why every investor and a sword must be thoroughly meticulous and able to find a good crypto and deserve to be held in the long term. research, experience, insight and knowledge are the most important series in the crypto industry

I do see your point brother but your perspective is too much on the other side. What I believe is that as long as the projects on the altcoins are legitimate and it is not a scam, there is a chance for it to survive.

the problem is that we call 90% of them alternative cryptocurrencies just in name. they don't have any attributes that makes them a cryptocurrency. in fact "copy cat" or "shitcoin" describes them a lot better than altcoins. with that said there is no way they can live long. eventually they all die.

but dying has a little different meaning in the crypto-land! it usually is when a shitcoin goes so low in price and volume that major exchanges delist them. but in reality they are already dead even if they have high volume and rising price when they are useless.

But for altcoin there will always be. Rotation will take place continuously. Some coins will disappear, others will appear and some coins will safely take their place and there will be as much cryptocurrency market will exist. Altcoin plays an important role. Without them, bitcoin will be less stable and uncomfortable.

And what can I say, when we see the coins with the greatest losses in these moments and understand that this is trash to be donated. But without it, the market would be perfect and there was no talk about which coin to take to get the maximum profit.  Another thing is that the exchanges themselves sometimes analyze and discard some coins, accepting new participants, so that the world of alts will live for a long time and happily.

In such a new environment fueled by speculation and craze for huge returns, there will be tons of cryptocurrencies that are actually vaporware (offer no working product at all but just a lot of promises) but have a much higher valuation than other working projects. Only time will tell which cryptos are here to stay and which ones deserve to slowly die off as the public realizes they are worthless.
It's up to you to find altcoins that have a reason to exists in the years to come, I believe not all of them will die, but a huge majority for sure. So good luck finding the good ones :)

No, altcoins will live as long as the cryptomarket will live too. Altcoins are too important for all economic cycle to being outside of the process.

Alternative cryptocurrencies are too significant for the market so I do not suppose that they may go away one day. Maybe there will be other altcoins but they will be.

You are quite right. Perhaps there are over 1,500 altcoins, of which only 20% -30% are supported by their teams. Therefore, one day, there will be significantly fewer coins left on the market that will be worth the investment.

Not only altcoins are gone someday, but its a fact that everyone and everything on this world is gone someday. But does it matter? Enjoy the ride!