ICObazaar (OP)
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September 22, 2017, 02:31:32 PM |
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I guess people have read a lot of positive and useful information about most popular cryptocurrencies, but very rarely we see well reasoned criticism of them. What's the most overvalued crypto in your opinion and why?
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LiGuBi
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September 22, 2017, 02:33:29 PM |
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Ripple is the most overvalued
Most under valued are: UBIQ, Diamond and LTC
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ask
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September 22, 2017, 02:36:23 PM |
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I agree that Ripple is overvalued and Dash is overvalued too in my opinion. There are more of them LTC and Qtum is little overvalued too.
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coinfinder000
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September 22, 2017, 02:49:50 PM |
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I guess people have read a lot of positive and useful information about most popular cryptocurrencies, but very rarely we see well reasoned criticism of them. What's the most overvalued crypto in your opinion and why?
Bitcoin cash , an altcoin , not a btc fork , it's overvalued too much .
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alyssa85
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September 22, 2017, 02:59:02 PM |
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Ripple is the most overvalued
Most under valued are: UBIQ, Diamond and LTC
Agree with Ripple, but I also think Litecoin is overvalued, nobody uses it. Digibytes is overvalued too - it got pumped because they enabled segwit, but again, nobody uses it.
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iluvpie60
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September 22, 2017, 03:00:34 PM |
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I agree that Ripple is overvalued and Dash is overvalued too in my opinion. There are more of them LTC and Qtum is little overvalued too.
Ripple for sure is overvalued in the total market cap, but i am not sure if it is overvalued on a individual ripple coin basis, being only worth like 17 to 20 cents at any given time. Will be interesting to see if ripple ever takes off and goes way higher. ETH at one point was less than 1 USDfor a long time. You never know1 Overvalued, I would say probably when BTC went to 5,000 it was overvalued. Apparently the market agreed and dumped down to 3,600 or so we are at today. Of course i expect it to go baack up as more people use it and buy into it though. next year 10K per btc seems reasonable.
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coastbank
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September 22, 2017, 03:32:07 PM |
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I think ripple, nem and digibytes are the most overvalued coins right now. They don't deserve prices they got currently. Bitquence is bit overvalued too.
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25hashcoin
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September 22, 2017, 03:35:53 PM |
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Everything except Bitcoin Cash is extremely overvalued.
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Drowzy
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September 22, 2017, 03:44:01 PM |
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Dash, IOTA, NEM are my picks.
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concept2
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September 22, 2017, 04:01:43 PM |
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I think that ICO tokens are overvalued because as I see, there are many projects that do not even have a great product or a good roadmap but still listed on the top 100 crytpocurrency on the marketcap. it is a huge mistake since they are not deserved to have a big market cap at all
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zokora
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September 22, 2017, 04:04:12 PM |
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How can you say Digibyte is overvalued, its market cap is too low. It is being used more than most currencies out there
Dash is overvalued. Its price is too low to use for any purpose
Bitcoin Cash is overvalued. Its price is mostle depended on its name which has Bitcoin in it.
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cenicsoft
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September 22, 2017, 04:48:39 PM |
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I think that ICO tokens are overvalued because as I see, there are many projects that do not even have a great product or a good roadmap but still listed on the top 100 crytpocurrency on the marketcap. it is a huge mistake since they are not deserved to have a big market cap at all
Any immediately sold out ICO is likely overvalued. The hype is enormous and there's only one direction for those coin values to go over the mid-term - down.
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VitKoyn
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September 22, 2017, 04:57:14 PM |
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In my own opinion the most overvalued cryptocurrencies are Ethereum Classic - nothing special with this, its just riding on Ethereum success. This is the most overated currently in top 10 with market cap of $957,531,904 Stellar Lumens - payment system between banks just copied what Ripple do. for me this coin doesn't deserve to be listed on top 100
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zabisux
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September 22, 2017, 04:59:54 PM |
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Dogecoin is extremely overvalued. It is nothing but meme and it gained lot of value. It has really high amount of transactions it is really weird. It should be lot lower than current price.
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magiccarpett
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September 22, 2017, 05:35:29 PM |
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i agree that dogecoin and ripple are completely overvalued. one of blockchain important feature is that is decentralized, but at ripple i can't see it. and it is a coin for banks. so sorry not with me.
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stripykitteh
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September 25, 2017, 11:12:38 PM |
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Ripple is the most overvalued
Most under valued are: UBIQ, Diamond and LTC
I used to think that Ripple was overvalued though they've been working pretty hard over the years. The coin that is over valued in my opinion is Dogecoin.
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asriloni
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September 25, 2017, 11:18:34 PM |
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Ripple is the most overvalued
Most under valued are: UBIQ, Diamond and LTC
I like what, how the ripple was overvalued considering from its current price, the centralized coin should not worth a lot like ripple. Ubiq seems to be the undervalued but that was the only one from your statement, I just consider that the litecoin was overvalued comparing with there is no innovation has made by litecoin rather than copied the bitcoin development.
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The Sceptical Chymist
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September 25, 2017, 11:21:04 PM |
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Dash is overvalued too in my opinion.
You think? I don't know. I'm happy Dash has gotten to $300--I honestly never believed that would happen in my lifetime, though of course I don't own any anymore, having sold what I had at like $3. Figures. Take a look at what's offered on Yobit, and you'll see trade volumes of 0.1 BTC/day, and they're all valued at a few satoshi. The ones with no buy walls and no way to even sell them. Those pieces of shit are probably the most overvalued altcoins in existence. Things like Ripple & Dash & litecoin, people use those for stuff. Doge, too. It's hard to say they're "overvalued" when people are actually paying money for them. This has always been my problem in crypto. People try to analyze shitcoins like they're stocks, and it just isn't possible. There are no earnings, and no business conditions that should affect them. So basically the market says what they're worth every second, every minute of the day. How can you say a coin is overvalued when that's the price people are paying for them?
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Jdope
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September 25, 2017, 11:23:50 PM |
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BCC, by far this is my opinion of most overvalued coin ever, i don't think it brings anything new to the table, it doesn't have a distinct feature, its just a lump that has fallen out of btc and it got valued over nothing.
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wxa7115
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September 26, 2017, 01:14:34 AM |
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I think that ICO tokens are overvalued because as I see, there are many projects that do not even have a great product or a good roadmap but still listed on the top 100 crytpocurrency on the marketcap. it is a huge mistake since they are not deserved to have a big market cap at all
If we were exhaustive about all the coins that are overvalued I think we will end with a list containing almost all the cryptocurrencies in existence, most projects are not worth much but people keep investing in them for the possibility that they pump and it gives them great profits, only a handful of projects have any merit to them and those are the only ones worth investing.
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