99 Percent of Cryptocurrencies are Worth Zero? What the hell?

[Agatha-Akina]

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

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[Yamifoud]

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.

[Bitfling]

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

[bayu7adi]

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

[DennyPen]

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.

[-security-]

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

[ethereumhunter]

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.

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.

[nazaididuan1]

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!

[bummm]

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

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%.

[bitfocus]

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

[Anti-Cen]

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.

[sgenuine]

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.

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.

[Findingnemo]

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.

[niteroy]

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.

[Umkar]

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.

[MULTIK888]

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.

[junglist.massive]

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 that’s hot on the news without revealing the background of the incident.