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This is the exact text of the interview Dr. Doom. He became famous by predicting precisely the world economic crisis in 2009, but I feel he does not seem to like cryptocurrency and blockchain. I think cryptocurrency and blockchain is still very new. This market still has many fraudulent acts. But we can not deny the potential and value that blockchain will bring. Tell me your opinion about Blockchain, is this technology really useful or is it overblown as Dr.Doom says.

“I'm not against [it], I'm open to any type of innovation, but I'm an expert on financial crises and asset bubbles. And I became famous [by] predicting the global financial crisis  — the burst of that bubble.

I can see a bubble when there is one — and to me, this entire space has been the mother and the father of all financial bubbles and now it’s [going to] burst

Last year, almost everybody I knew was asking me every other day, “Should I buy Bitcoin?”
And the price of Bitcoin doubled, tripled, quadrupled, and went to $20,000. And when that bubble burst, it collapsed — collapsed from $20,000 down to $6,000 today (at the time of the interview).

If you bought it at the peak, you lost 70 percent of your value. And it's typical of all these financial bubbles: They go up until they collapse. And Bitcoin is actually the best [example], because the average cryptocurrency has lost, in the last nine months, more than 90 percent of their value.

I spoke about the bubble existing and this bubble going bust. And guess what? In the last year, [it] has gone bust. So I think I've been vindicated and proven right.

Bitcoin could go to the moon or zero, I'm not going to make a penny either way because I'm neither short or long.

And I'm just an academic that speaks his mind. And I saw a big bubble, and I think that it's fair as an intellectual to discuss these things and then figure out what's going wrong.”

"The technology behind coding is seen as a remedy for all problems in the world, including poverty, famine and even illness. Blockchain is the most infamous and least useful technology in human history. In fact, it is nothing more than a spreadsheet or database to be honored"

See more: https://cointelegraph.com/news/nouriel-dr-doom-roubini-99-percent-of-cryptocurrencies-are-worth-zero

Doom just needs some attention, if you read about his latest stunt, in detail, (available on any popular coin blog), you would see how silly he is. just ignore him, please.

Bitcoin has skyrocketed at the price of $ 20,000 at the end of last year or the beginning of January. And until now there have been no signs of returning to the moon. A question that has to do with the story you shared should arise, and the question is when will bitcoin return to the price of $ 20,000? Can it happen and recur at the end of this year.

Roubini has been saying the same thing for years.  He's in dire need of some new material.  Many cryptocurrencies are worthless, but that doesn't mean they all are.  Just be careful to choose the right ones.



If it's the "exact text", then you need to credit the source, which I assume is this article (https://cointelegraph.com/news/nouriel-dr-doom-roubini-99-percent-of-cryptocurrencies-are-worth-zero).  People get banned from the forum daily for not crediting the source.  Don't be one of them.

I agree with the Dr  in his argument that bitcoin is a burble which has burst around February this year when it wend down from the high of $20k to the present price of $6k. But where i am not comfortable with his argument is labeling blockchain as an infamous and  nothing more than spread sheet which deserve nothing near the praise given to blockchain. Blockchain is not only for financial purposes but it is an  innovation for so many functions in human nature. Blockchain can be employed in hospital management , pharmaceuticals and elections.

Though I hugely disagree with most of what Roubini is saying, I sort of agree about 99 percent of Cryptocurrencies being useless, though probably 95% would probably be a better number. It's just a combination of scams and legitimate projects that really just doesn't need decentralization and tokenization, that are most likely bound to fail.

A huge problem on these "skeptics" is that they're always focused on the present state of cryptocurrencies. Bitcoin and cryptocurrencies are a new technology. Technology tends to be quite inefficient in it's infancy. But then again, it's new technology. Technology improves over time as people see the problems and propose solutions. This is something most of them fail to realize and it's irritating.

the percentage of the cryptocurrency that are worth zero have reasons or certain factors why they are the way they are and what it is to be achieved with its current price value. it may be worth zero for now but in the near future, it will be worth a fortune. you can consider the ripple coin and understand it better.

99% of cryptocurrencies are useless,i kinda think that's what's giving the network a bad name to the outside world,many cryptocurrencies crumble right before they even start, so many users/investors lose their money in the process, such losses are usually attributed to the bitcoin, as its the father of all cryptocurrencies,so when a cryptocurrency fails, people are of the view that "Bitcoin is a scam",even when it ain't directly the bitcoin


As of last year, Bitcoin rose to over 20,000USD, and the price at the moment is about 6400+, that definitely doesn't make the network a bubble,i think someone should educate doom on the volatility and unpredictability of the market

 Dr. Doom is hilarious the guy saw bitcoin under $100 mocked it didn't buy and watched it go all the way up. I'd be butthurt too tbh.

I do not think that this could happen at the end of this year. Re-growth of Bitcoin to $ 20,000 may possibly take more than one year. Although the cryptocurrency is not predictable in its price and its growth may be up to the previous record, even earlier. We see that it will be better if Bitcoin and another cryptocurrency grows slowly, so it will quickly reach high values in price.

If you invested shitcoin or invested in scam ICO then this is your fault buddy. This is not cryptocurrencies fault. Because you have to choose the right currency by seeing their development, roadmap their product. And if you invested in the cryptocurrency only to make a profit then you are wrong. So don't call  Cryptocurrencies are Worth Zero...

Well a lot of altcoins right now are in a bad situation due to the fact that they gather few funds and they decided to launch in full bitcoin bull run and this affect the coin developement and in many cases some of them will extinct...myself I stay away from buying coins and I think that from spring I can start to hook up some good altcoins.

IN this market we have many number of coins but some price is very high while other too low so for every coin there is a time and value and use when they become use in demand the price rise for that and they have potential coins also they grow more when they become used by the users for different reasons and not only a single but hundreds of new coins for separate projects are used on daily basis, it is time to buy bitcoin and other crypto because the market is good.

How can this person talk about a bubble? A year ago, the price of bitcoin was lower than now. The one who understands investments has already earned and more than once. It is strange to hear such words from a person who understands finance.

The whole crypto market is in a messy situation right now.  If you compare some altcoins with what they were last year, you'll notice a very huge decline in most of them. So many things are happening right now, we are only hoping for the best and pray that price changes for the better soon.

Why does everyone start from $ 20,000 when Bitcoin was at its peak. Now the price for 1 Bitcoin is $ 6500. But no one remembers that exactly 1 year ago its price was about $ 4000. So where is the bubble?The blockchain technology is indeed a very necessary technology in all spheres of life. And its benefits are obvious.

Thanks for mentioning that, I added the original source to the article

For the most part this is true. I look for campaigns where the managers have ran ICO's before. I also look for Projects that already have an open business. This helps. Find a great project with a great community backing it. One that  does not have an unreachable goal. You may make some great money. Really research a project before you invest and make sure to follow on all social medias. Buy the news. Sell the Launch

Sometimes the prediction is right and wrong, this is only the game of the popes, the market is down 70%. We wait and see bitcoin for the future. Hopefully bitcoin can reach more than $ 20,000

have you ever checked the shitshow known as altcoins? if you haven't then go ahead and do it. and i mean checking the projects themselves not just looking at social media and what the shills are saying. if you do that you can see that a great number of them (maybe above 80%) are pure copycoins. this means they simply copy the open source code from another project and only change the name and possibly some small arbitrary changes. such projects don't have any value.

the rest (the 10% for example) are still copy coins which made bigger changes (like the bitcoin forks that changed block size, block time, algorithm,...) but they introduced flaws and reduced the security of the project. .... meaning 0 value.

the remaining coins (10% if i am generous) have some original ideas and designs but they are still not good enough to be used on a large scale.

so with a quick search you can see that 99% is not really that unrealistic since the situation with altcoins is really terrible.

The guy is a snake oil salesman.  ::) If you look at markets and you see a steep increase in the price of a specific commodity, then it is easy to predict a future collapse. He is sitting there, waiting for something that looks like a bubble and then he starts with his predictions, based on the growth of that so-called Bubble.

He was lucky the first time and the so-called Bitcoin bubble was easy to spot, so he just waited for it to spike and then predicted the collapse, based on the correction phase.  ::)

Dr Doom is only talking about advanced economies because he lives in a bubble. When he gets his ass out in the real world he will realise that bitcoin can save countries like venezuela, iran, and many others with decentralised economies

Most of the the tokens I’ve encountered was shitcoins and has no value. It’s definitely a scam ico, that was one of the main reasons why im kinda getting tired with cryptocurrency and tired of investing on ICO’s because most of my money and efforts are going to waste.

Somehow I believe this kind of thing. Most of the coins are useless and had zero value. Anyhow, if we are unable to handle this situation like buying at the peak but useless and no value at the end, the hilarious thing is that regret is always there to touch our emoticons.

You set an example that cryptocurrencies are not worth  zero, they definitely are worth something, if you use them properly

many friends lost their money if this continues then in future no one will invest in cryptocurrencies .

I was tired of reading news from famous people like him, when the price of bitcoin dropped they would say that bitcoin and even cryptocurrency are scams. But when the price goes up they say this is the future, the right technology. It's nonsense from people who don't understand anything.

it's hard to ignore him and his post because he is posting a fact on what happened the last time we had a big pump and he has a good theory, but crypto-currency is well and alive we just have to be careful on when and where to invest so we will not be part of those who lose so many funds.

I don't like generalizing. The author is not very competent. Therefore I think it is necessary not to take it seriously. Crypto market is getting bigger. You can see it always on coinmarketcap. There is no need like this person.

I agree, but not just Dr. Doom theres a lot of people who say bad things about cryptocurrency its funny that most of that people has an investment in it. Some of them might have a bad experience with it thats why they say those things.

I think 99% is too much, yes I agree there are lots of cryptocurrencies that is already dead that is because the project or product is not good or a scam.

There are very few liquid cryptocurrencies on the market. Even those that have large daily trading volumes do not have a real demand.


I think you need to create services, not new coins.

All more or less knowledgeable about cryptocurrency understand that the crypto economy is unstable and there are many whales that are monipulating. But still, many people trade on crypto exchanges. Because even on a bubble you can earn.

Cryptocurrency is still new compared to other markets that's why it is still unstable and fluctuating which would make it a good opportunity for traders because the fluctuating prices are a huge opportunity to earn.

As we have observe, the market capitalization is huge but if we only take into account the projects that are used for its actual use case then I can say that 99% may be not used for it yet and are just existing for trading purposes.

I think that not all cryptocurrencies have no worth and most likely we are just experiencing a bear market where btc has been struggling to move forward and break the resistance. However, this is not over yet as btc may soon recover and may happen to make a bullish run soon which I hope it will be within the year. People should not get disappointed easily for cryptocurrencies will be active soon in the market and I would suggest that investors should further hold their coins. Wait for the right time for it will soon to change the market's history again.

it is not like that the market  is down at the movement for that reason the other cryptocurrencies are also had very low value

this statement is a little exaggerated but it is not all wrong either. in fact i have been saying the same thing for a long time now and if you really study different cryptocurrencies you will come up with a similar conclusion that a lot of altcoins (majority of them even) are completely worthless and shouldn't even have a value.
and this is one of the main reasons why altcoins are always going down in the long term.

The blockchain technology is very useful, it is not limited to coins and money.
There are many uses for blockchain and it can make our life easier by improving services quality and making them more trasparent.

In some way he is talking the truth in some way he is talking trash for me. The truth is; yes there are 1000s of shitty coins, actually most of them got great ICO but after that today their coins worth of ZERO. Nowadays there are some projects which will try to avoid all of us from the scam ICO's but i am not sure about them too. But in second hand we have to think positive and we have to try harder to find right Project/ICO/Coin for ourselves.

I view things differently, largely because of what I learned from Satoshi years ago. He once said:


You say that 95% of cryptocurrencies are useless. Why does that really matter, and what does that have to do with market value?

The fundamental value of money -- including Bitcoin -- comes from its network, not its "use cases." People can use seashells as money (and they have). What use do seashells have? They're completely useless, and it doesn't even matter because they're scarce and transferrable. That's the beauty of Metcalfe's Law.

Too many people are stuck in an old world mentality -- they say "money must be physically backed, otherwise it must be backed by usefulness." That's a bunch of nonsense that nobody could possibly prove, and history is awash with examples that prove otherwise. The best money is actually useless because it makes supply more predictable. Carlton Banks made a great point about this once:


If you believe that sound money is decentralized, then you ought to value what the market says -- not personal opinions about what's "backing" cryptocurrencies. The people that say "altcoins are scams, they're going to zero" are employing the same logic that says "Bitcoin is a scam, it's going to zero."

That's why I always smile when I see people get worked up over how "useless" altcoins/tokens are. They remind me so much of Bitcoin skeptics.

It really is. So what if bitcoin bubble. If you understand its nature and correctly assess the situation, you can make good money on it. In addition, the cryptocurrency in general is very promising and it will continue to develop for a very long time. However, there are some excesses and they are inevitable. Yes, Bitcoin is now used incorrectly, as a result of which it is able to grow rapidly in value and is practically no different from a financial bubble. It must be remembered that investing in it will be quite risky when it has a very high price.

It is just lame to always present the bust bubble excuse by  these "negative debaters". They are too too afraid to identify opportunities! Or, should I say, the deliberately refuse to see these opportunities. Virtually all of them bring this point up every time there is a debate believing that it is the surest of all trump cards to finally checkmate their opponents. But it is the lamest of all excuses a mind can muster so far as bitcoin, and economics of investment is concerned. How can you repeatedly, and confidently, assert that an investment that started in its smallest beginnings with a price per article/unit of about $0.003 to its current price of about $6400 is a bust bubble, failed, forgone and concluded as a no go area of further investments just because it crashed from its best high of about $20,000?

An innovation that is widely acknowledged as novel, relatively unknown, surely underutilised, despite its widely perceived potential? Who would have believed that the mega mainframe computers of the 80s will be super miniature today compared to their stupendous nature in the not-so-distant past? Are these people trying to justify in figurative terms that because a toddler fell and probably broke its leg, it is not going to heal, then walk, then grow up to become an adult human? Do these people even try to relate similar happenings of the past in the same technology space to the potentially new order of which blockchain is advocating? What is difficult there for their eyes to "open" and see? Maybe an uncertain indefinable fear, or the shameful pain of failing to recognise a good opportunity to invest when the soil was still virgin. Not logic! For logic would not be too jumpy to arrive at those conclusions of theirs! Surely, they will not learn from the experiences of Isaac Newton, Michael Faraday, Thomas Jefferson, etc, and even Bill Gates that nothing worthwhile comes easy, but will surely come and stand the test of time. What is too difficult there to put Satoshi Nakamoto in the shoes of these past great men and draw a simple logical consistent conclusion, as having invented blockchain which is the technological epoch of our time?
Or, are they trying to suggest through their actions that there isn't more to invent or innovate, that technological innovation stopped with the era of computers? They fail to see that it is like a gearing mechanism where one gearing component gears into the other and forms the basis and movement of subsequent parts, with an ever continuity!

These people are funny though, let them continue in their blindness! They will always miss out on great opportunities to easily cash out on their smartness effortlessly only to wine and wine in the end like cry-cry babies. Shame!!


If 99% of all cryptocurrencies are labeled as worth zero, it is because fraudsters have smartly cashed out on the gullibility of the mass, of which the masses themselves share in the cause, or, most of this coins are still on an infantry phase where there are expected to nurse and grow. It has nothing whatever to do with the success or deep of bitcoin.

There are a lot of coins that was made just to scam people so after they have achieved their purpose, they just become worthless and reduce to zero worth. The people behind these will later go and create new coins and start all over again.

everyone has different views regarding crypto and its blockchain technology, all assets have their glory and gloomy times, but if we assess that this time is the bitcoin's darkest time after reaching its peak, I don't think that's right, because we can see, in CMC, which trades bitcoin more than 50% of all crypto currencies, indicates that more people trust bitcoin to become an investment tool.

this process is a part of the cryptocurrency market growth so we can just watch and make right decisions while investing in different coins.

And that's the truth, a lot of cryptos don't have a lot of "innovation" How many of the top 100 are you able to remember?
Most are useless are unknown to people

insane. So many different ICOs out there that don't know how to Market them self. ICO Marketing is essential for the coin success later on.

I agree that 99% of cryptocurrency is garbage that costs nothing. Although it is possible that too high a percentage, it is actually unnecessary cryptocurrency 90-95%. In any case, this is a lot, but we cant say that bitcoin is the same garbage. I believe that it will be able to return to its value or even exceed it. Too much has already been done so bitcoin will not just disappear.

simple thinking, we just hope too much on cryptocurrency for now, hoping too much that crypto and other things in it can provide huge profits, and in my opinion it is nothing more than moving the hands of money from one to another. actually crypto is not ready for that yet, what we have to pay more attention to should be the blockchain and its application in the real world

I truly don't agree with him in entirety because I think bitcoin is well structured and its succeeding despite the rise and fall of its value which is because of the volatility of the market

How they can sure of it prediction,  only world government can destroy cryptocurrency
I don't believe on that statement or can't believe those people talking about cryptocurrency becomes worth zero, I believe until people and government continues to adopt cryptocurrency this would not worth zero😀

I think its a good perspective, and I agree that we got too many crypto that worth almost nothing now, people nowadays only want get rich quickly by creating new coin they don't really care about the growth and development, and I am quite surprised to see the article about the eth, I think eth ia a good coin, the smart contract maybe buggy but there is always room for improvement

Indeed, many cryptos were created but all of this cannot develop as we expected. Many are unable to compete when entering the market so that it is difficult to get good grades, and some even cannot go to the market because there is no better development. Crypto's market situation makes it more tense and weak for new coins.

Many opinions have been explained about crypto and blockchain, this keeps us cautious with the coins we have and continues to study the coins that are developing. The number of coins makes us keep abreast of developments. They can assume rubbish coins because they cannot afford to compete after entering the market, and slow movements make the coins worthless.

You know he is wrong n all,but all these cryptos popping up everyday is the biggest problem everrrrr. From the outside view,it seems crowded and worthless. The shit thing about this is that the bitcoin is getting bad name.

Your answer is very good. let's choose an altcoin that has a future. do not be afraid to lose the capital and keep fighting for what you want. here there are still many altcoins that have the potential to grow, let's support.

The number of cryptocurrencies is too large, up to tens of thousands, and there are only 2,000 statistics available on the exchange.
Many cryptocurrencies have no practical application, and may only be a struggle on the road to zero.
After time baptism, leaving a truly valuable project, this is a big wave of sand washing

A lot of fraudulent projects. A lot of projects that do not need their own tokens at all and which are issued for formality. Really worthy projects, whose tokens have great potential are extremely small, and even less those who are able to develop in such a market situation.

There will be haters like Doom who even don't understand the basics of crypto - just don't care and don't pay any attention.

Why so much aggression, a lot of projects just don`t have support from community, they don`t have enough knowledge to push trough their idea, or idea was weak, but anyone here have a right to try to make something. If you invested money in such project and you didn`t make profit it doesn`t make that project fraudulent. It just means that you make a mistake when you made a research on this project and you make a mistake when you thought that that team can realize idea they have in reality. Not every rock is a diamond or gold, but anyway every rock can be used for something. Value of rocks in this system is clear more rocks less value, less rocks bigger value.

In this regard FIAT money is worth zero too. We gave value to paper money for trading. In a parallel universe that would sound absurd too.

Few years ago bitcoin also was worth nothing but now it is around $6000. Cryptocurrency is a new technology and needs some to be fully developed.

Although he is right about the bubble of 2017 and how eventually the burst shook everyone, he might be a bit biased towards his prediction. I don't know how he predicted that 99% of cryptocurrencies worth nothing but last time I checked, crypto world wasn't dead with bitcoin sitting over $6k, which ironically he also noticed. This means, only bitcoin has more than hundred billion dollars in market cap. Also, since its inception bitcoin has been criticized and called good for nothing yet till date it is nowhere near of its death bed. Ironic, right?

The market is extremely volatile and this is the speciality of bitcoin. If you are smart enough, you will gain a lot. If you want to make a big profit, the market is for you.

Bubble really was. Even I expected that it would burst, and there would be a very painful fall in the market in 2018. But in order to predict the current drop it was not necessary to be an expert like Dr. Doom. It is enough just to have a little knowledge of technical analysis. The price of cryptocurrency has grown too fast, and just as many market experts were afraid of this. I would appreciate Dr. Doom if he now gave a forecast about the future situation in the crypto market for the coming year. Because right now the situation is more complicated than at the end of 2017 - the beginning of 2018.

everything costs exactly as much as it is ready to give money. it's so easy when there is supply and demand.

It is most true that 99% of crypto currencies are worth none, the only manageable coins in the whole market are bitcoin, ethereum and USDT.
These are the only coins that will be acceptable for trades in future, Except these three major coins all have brief and worst future. Some coins crash soon after getting listed on exchange

I believe that Bitcoin will rise again and wake up, people do not need to worry, bitcoin will never fail us. This is just some preparatory stage for the bitcoin and sooner or later it will rise and will satisfies us. The bull will be seen just wait and have patience. I recommend you to have this market to be an opportunity to buy some and hold.

It‘s undeniable that a lot of shitcoins make the image of crypto in the public eyes become bad even worse but doesn’t necessarily generalized. The fear of the bubble is understandable but if it’s properly observed it will make him understand that the current condition of crypto cannot be equated with tulip mani (http://renovasi-rumah.net)a.

I don't think there are many coins which are worth nothing, almost everything has some attributable value and when we can go as low as 1 satoshi most coins will be above that. That being said, 99% of coins probably should have a value if we didn't have such a speculate market.

 There are so many. I bet that everyone fail to track down all the newbies on the market. Although the main hold their positions strong.

The growth is based on the market and the project the team has taken upon. 2018 has not been in favor of crypto coins and this might be a reason behind calling out 99 percent of crypto currencies are worth nothing.

I do trade and I find so almost every coin has its own uniqueness.

Unfortunately, this is the reality of today's market and nothing can be done about it. until people stop investing their money in incomprehensible projects, then nothing good will come of it

Blockchain least useful technology?! How about tell that to companies and institutions adopting blockchain on their system!

Bitcoin a bubble? ICO maybe a bubble but bitcoin is not. I just hope they know the difference between bitcoins and altcoins because there's a huge difference between the two!

in fact, he simply stated the facts. Yes, Bitcoin really fell, but this does not mean that it will no longer grow in value. I am sure that everything will be fine with Bitcoin and the market in the long term

Crypto is dead. The thrill is gone. Yes, it may trade in a range but the excitement is no more.

I am sure, that he does not understand blockchain technology, he is only an economic observer, not a technology observer. cryptocurrencies will come to improve the world economy.

until today, banks cannot play a role in the welfare of the society, even banks use the public to take advantage.

Firstly, you can see everywhere that 'deposit as much money as you can risk'. They say that depending on the volatility of the price, which should not be the cause of losing people from the past year. Also, when Bitcoin gained value last year, everyone cheered.

And there is nothing valuable in the world, it is considered valuable because man values him. In fact, if humanity doesn't want to eat or drink, even the necessity will be worthless. Even the money is just a piece of paper, we value it. What kind of valuable things are you talking about here?

A lot of  these financial experts  have one particular mindset with regards to the use of cryptocurrencies. Cryptocurrency contradicts how the generic financial system operates. These old financial experts do not believe in the idea that financial ecosystem should be decentralized. They believe the system should have a central point controlling how transactions should be made on the network. I don't blame them if they share false speculations about cryptocurrencies.

People are afraid to invest in bitcoin now. Many people in this years who loss their money because they buy bitcoin at $20.0000 last year, those people need to wait until Bitcoin price reach that point again and it will cause to the leakages in the bitcoin cycle. the fee also high when bitcoin price pump, it is another problem. Bitcoin as main coin really have big impact to other cryptocurrencies.

It would really be difficult to argue with an academic expert who knows a lot about finances but is not entirely interested in cryptocurrency. It made me believe that he has no inclination to anything crypto when he cited that the blockchain is merely a database and worse, just a spreadsheet. When in fact, blockchain technology revolutionized our concept of many things, from storing data in a public and transparent way yet is tamper proof and immutable to establishing an honest network of peers to uphold the truth and reality of a transaction.

now 99% of the cryptocurrency may have a zero value, but in the future it will increase significantly,

Its not 99% mate, even though we are in struggling for a long dips but still our market keeps on moving. We can't neglect those coins becoming dead due to market condition and also the participation of its owners and the team behind its development but is sad that some of them have no concern with them.

Maybe that statement could be right. Many coin and token market right now and there is more than 2000 different coin and token. I am believe there is dead coin and dont have real project, they just want to take advantages from growing crypto market

this world is filled with people who want to get rich in a short time with no big capital, do you know how to make ERC20 tokens easily and with just a few dollars
yes, most developers hope that the price of their tokens will fly to the sky like major coin, but it failed. that investors are not stupid now
Crypto assets have empty intrinsic value, but have nominal values which are expected to always rise

The value of any crypto is about the demand and supply. Too many coins were hyped in late 2017, but they did almost nothing from that time to show their real applicability. Sad to say, but most of them won't reach new heights.

No coin or token in existence is worth 0. How much its worth depend on collaborated effort.

You're right, many coins are trying to increase higher, and some of them can break the higher price. I think it will like this until the end of this year and in the next year, all coins can break the higher price like before. I still waiting for all of my coins to increase and I don't mind if I need to wait for more because I am sure that all of my coins will break the higher price again.

The market for encrypting digital currencies is too chaotic and mixed. Many cryptocurrencies are PPT cryptocurrencies without specific applications!
There are still many scammers who see the enthusiasm of cryptocurrencies, using blockchains for camouflage to scam!

No, I will never believe that 99% of the cryptocurrencies cost nothing. probably, there are really too many shitcoins on the market, but their number is not so great. Suppose, not more than 60%.

Correction, it should be 99.99% Alt-coins that were actually issues to make hype, not Bitcoin or all Crypto.

Well when transaction fees can and do reach $55 per transaction like we saw 10 months ago it does tend to make the currency
worth zero but some people are still having trouble getting the message.

Mining rigs are now worth "Zero"
https://www.zerohedge.com/news/2018-11-20/whats-happening-now-crypto-devastation-collapses-hash-rate-forces-miners-dump-rigs

Look it's cheaper to throw these left over parts from the CPU wars that BTC created in the bin than to run these things today so get your
free "Space Heater" whilst you still can.

The number of the shitcoins is great but I do not think that there are so many of tokens that cost zero. Probably, up to 80% of the coins will die in the nearest 5 years, and this is the truth.

There is no expert prediction in the crypto currencies and about its future because it is a new technology and will be new to everyone so if someone is expert in the economics it doesn't mean he can predict the future,the real potential of the bitcoin lies on the usage of bitcoin as payment we can't say it is worthless just because of the prices were falling.

In 2001, when stock prices fell, then all the people and “experts” said that it was a bubble, most likely it was so, but at that time, for example, the owners of Amazon shares sold them in a panic for $6-7, but today we we see that the stock price of Amazon exceeded $1,500. Therefore, I would not advise to believe in all the unreasonable allegations that Bitcoin is a bubble, especially since we all know what technology underlies Bitcoin.

If I am not mistaken, then Bitcoin's death was predicted dozens of times and these “experts” appeared at the moment when the price of Bitcoin fell, but it still recovered and grew over time, and the demand for Bitcoin increased. It will be the same now when Bitcoin starts to grow, after which all these “experts” disappear and appear again when the price of Bitcoin drops.

What he said wrote a long time a significant people. In the world there can not be more than 2000 cryptocurrencies in circulation and they definitely can not be useful for us in such an amount!.
How much ICO came out for 2017 and 2018 is just a crazy figure, naturally 99% of these projects are just Shit!  This was to be expected because everything that happened was against the background of the surge in popularity of this market and now the projects will begin to close in batches.
Before investing in something think about where you give the money and you will not lose them because 99% of the projects will soon be closed.

If he really understands about trading he should know the price is looking for a strong resistance value as a base for a bullish rallying, but he’s not a fool, he’s smart, means he is fooling others. He only discussed things tha (http://hafana.com)t’s hot on the news without revealing the background of the incident.