The main reason is not scam, but the fact that projects can not collect soft cap for the implementation of the project. The reasons can be very many, but I think that the main reason is the distrust of people to invest their money in projects in a falling market, because now it is the falling market when people lose their money and they are not going to lose them, so they simply fix the deposits.
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Well, let's start with the fact that not all organizations may require your personal data. So if people for the sake of money did not put their identity on display, now there would be no such people. And secondly, if so please you can provide from the Internet. There's a bunch of scans and photos of the lucky ones like you. If I were you, I'll check their details, their bounty campaign and also their members. Joining one can give you experience about of what they are really doing so that you wont be afraid to invest money and to build up trust.
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First of all you need to do a lot of research about altcoins likely follow altcoin news. In my exerience, it is hard to understand trading if you have no heart to learn. Looking at a graph,volume, techniques and different method is the basic weapon to start trading so be aware. Also be aware that there are some scammer in this world. I am one of the million victims of this so I know. Do your own research. Some people says that their experience is so bad but also there are people have a good experienced. In doing unfamiliar things, we should know first all about it and have a background knowledge so that you can avoid any risk. Very important to all to learn all about bitcoin so that you know how to handle any circumstances that may encounter.
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For me, I am using it for investment purposes and an asset and where it is applicable I use it as a currency to pay for goods and services. And I use Ethereum for trading for a long-term since I have a hope that one fine day the value increases and gives us profits that's why I keep all my earnings in ETH. there are also those who follow or buy and sell at the ICO.
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I dont think altcoins will necesarily die altogether, however when the ICO craze is over and the amount of alctoins created every month will decrease, eventually a lot of altcoins will die because a lot of them are useless. Most of the altcoins were experiencing decrease in value and the same is happening along with the price variations taking place with bitcoin and ethereum. If you go through the price variation chart can understand the values of altcoins growing when ethereum or bitcoin increases and falls when the ethereum or bitcoin value drops.
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I do not think ETH will go down so low, though it is showing signs of going down. ETC censorship also has a part to make ETH prices go down but that's not all that makes ETH a crisis.I think its realistic that we will see ETH fall as low as 100 dollars in the coming months. Theres so many coins that want to be the platforms from where people can lunch ICO, the ETH networks are slow and the coding are not easy to do on ETH coins, like on other platforms, so must ICO there are coming from ETH, will not be coins where there will be a any development.
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Bitcoin has the highest degree of decentralization. The basic network is the largest and the degree of awareness is the highest. There are orders of magnitude different from all other currencies. Bitcoin has certain issues that make it not very useful for small transactions meaning its not useful as a currency for most purchases.Therefore, my prediction is that someday bitcoin will be the dinosaur that started it all and not really be worth much and ethereum may still be around longer than that. Also, the price is entirely set by peoples opinion of it.
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The concept of money always evolved along the history, but everytime there was a major change, if always met a big resistance (think about when gold coin was replaced with paper money..) Cryptocurrency will grow continuesly and supporting each other with cash or paper money. Under decentralized system and blockchain technology used , they will be more famous in the future , widely used all over the world by many related business or institutions.Crypto may be more known in non cash or electronic transactions while cash transactions will be used mostly at small scale transactions like traditional markets and small business.
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