Majority of altcoin = scam

[pinoyden]

When btc dump, they dump
when btc pump, they even dump harder wtf

i think no,  they doesnt really related to each other maybe its just a co incedent  that when bitcoins pump altcoins is dumping but altcoins are not dump  when bitcoins is dump rather they are increasing and  how can say that majority of altcoins are scam?  how can they scam you? all altcoins have value and it is normal for them to decrease or increase because that is their nature.

[PeshaCake]

I wouldn't say most are scams, just worthless because they copy another coin without bringing a new value to the table.

[MidKnight]

It's really true. Shillers are everywhere so they can exit quickly with a lot of profits from these scamcoins. They don't offer anything and only speculations that it will go up because someone said it will.

[the rise]

In ecosystems, eventually the majority of coins will be below the standard value and include scam coins, this is very reasonable considering many coins can not meet the expectations of ICO sales because they are defeated by a similar project or are experiencing investment shocks due to a strong capital focus to buy bitcoin which is experiencing an upward trend. In the end only a few projects are strong and have visions plus official rules that will last.

[Shamie1002]

Well, ALTs are not necessarily scam but their are chances that it can be one. It's up to the alt dev and if his intentions are for self benefit only. The purpose of alts are for more convenient use of the crypto world. Other than that it may result to scam.
Most definitely, relevant this days. Bitcoin price have recovered and proven once again it's superiority. With prices this high many will be tempted to take advantage of others just to earn.

[Reatim]

I wouldn't say most are scams, just worthless because they copy another coin without bringing a new value to the table.

Yeah, I agree most of the latest ICO offer nothing and just a copy of other coins. I just can't understand why people are still buying and investing on a coins that seems to be a scam from the beginning. But in fairness, there are other coins as well that has a true meaning, but people seems adamant on them also. Just so sad and they will just conclude there ICO without much investment.

[prabakharras]

If the alts are distributed fairly and requires some mining, it is less likely a scam as compared to pre-mined and token issuance

[Nascor]

sure most of the altcoins are a scam, that's because people are seeing how much money is being raised and everyone wants a piece of it, whether its legit what they are doing is another quesitons. We've basically opened a pandora box by issuing relatively easy coins for fiat curreny, which is something that has not been possible until now, and that's a good thing. What is missing from the market is some sort of regulation, not regulation that will limit the potential of blockchain, but regulation that will ensure the smooth transition to mainstream adoption. At the moment it's the wild west, everyone just does whatever the heck he wants without consiquences and people are wondering after why they are getting scammed, or why the project is not delivering on their promises.

[amacar2]

If the alts are distributed fairly and requires some mining, it is less likely a scam as compared to pre-mined and token issuance

Yes you are right with some point but if alts that are still mineable were already heavily pre-mined than it will be hard for others to sell at higher price. Most of the pre-mined coins are held by team members and if any one of the member will dump his/her holding price can get dumped really hard.

[wxa7115]

I think there are no rules here. We can compare Bitcoin and altcoins. Because there are thousands of altcoins. The increases and decreases between altcoins are asynchronous.

That is true. It is better to only buy big coins.

Big coins are fine but the reason most people buy into cheap altcoins or icos is because they are expecting amazing returns, big coins are not going to make you rich unless you invest a big amount of money in them and since not many people have that kind of money they prefer to take their chances with those coins despite the known risks associated with them.

[Mang Li]

When btc dump, they dump
when btc pump, they even dump harder wtf

i think , not all altcoin will dump if btc pump,,
few altcoin will survive and even increase its value when btc price growing

[ceferov]

Thats because the huge market of BTC. There is still no one coin that can race with BTC.

And it doesn't make other coins scam

[blacktux88]

how far is analytics scam Oo
opus is scam for me

[wxa7115]

The interesting thing is that most of these developers don't realise that they are scaming people,I just believe natural order will come into play here, from every 10 projects only 1 will survive

I think many developers are not real developers anyway, some are outright scammers that are only looking for a way to make money, some are people with an idea but that have never created anything and are asking for money not knowing if that is enough, too little or too much only a few are developers that have the experience and the knowledge to make a project a reality.

[Aiga7phoiy]

When btc dump, they dump
when btc pump, they even dump harder wtf

No, when bitcoin down altcoins down because most of users trust in bitcoin more than altcoins so that will buy more bitcoin.

when bitcoin rise altcoins will rise because some users will use altcoins  because bitcoin is so high

but this is only analysis and real rule .

it is demand and supply who control price