95% of Cryptocurrencies will Not Survive in 2018

[magmar]

The Blockchain ecosystem suffers explosive growth. According to data from Coinmarketcap just for 11 months in 2017 cryptocurrencies market capitalization grew by 1200%. Investors and hedge funds are fixing unbelievable profits, which they can get from crypto assets, and trying to divert their assets into this niche. Investors are waiting for startups, which will repeat the success of projects like Ethereum (+272397% since ICO) or IOTA (+922448% since ICO).

However, the majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. As these 5% will be the new center of influence, their token demand will create tremendous growth in their valuation brining hundreds of thousands percent of returns on investments made on early stages.

Read the full article: https://coinidol.com/cryptocurrencies-that-will-not-survive-in-2018/

If that will really take away those shit coins and those icos that are just trash that would be very nice for me the less coins the much reliable they will be because those who are left are just the coins that really have a future and i hope that those coins that i invested in are the ones thay are in to that 5% that you are talking about. But lets just not forget that bitcoins will still be the leading cryptocurrency in that time i am hundred percent sure of that because they still hace the people.

[gustaf.berg]

quite true your thread, i also believe that most cryptocurrencies will not survive, but in 2018? is quite soon. I believe they will survive this year, maybe not next year.

Good observation. Last day when I Was having conversation with my friends I said exactly same thing. During the year most of them will disappear. Only the ones that has things to offer will survive.

[cryptochr]

That question will need to wait to be answered, so far, all coins are showing rise and potential. Only Bitcoin looks dead right now.

[Legobatman]

I think there will be a good amount of alts around. People are always looking for the next bitcoin

[kobo_eth]

Just take a look at coinmarket cap from january 2017 - compare top 10, then top 20, then all the rest

Now check coinmarket cap from january 2018 - how many from top 10 survived (you will be surprised), how many from top 20 (bigger surprise), for the rest - up to you to speculate.

[bering]

i think in 2018 cryptocurrencies still survive because some people still consider ICO project still profitable and they don't have any plan to leave it but indeed the competition between ICO was very thight and only several project successfully and can last long but i have prediction that on 2018 new cryptocurrencies project still not lack of interest

[plr]

You better be a fortune teller,lol

He is not a fortune teller, he is just relying in articles to prove his point, but he may be right some of the ico coin from last year are now dead you are lucky if you invest last year in an ico and that coin is still alive today, that is why I'm very choosy when it comes to investing in ICO.

[AidenCasanova]

i think in 2018 cryptocurrencies still survive because some people still consider ICO project still profitable and they don't have any plan to leave it but indeed the competition between ICO was very thight and only several project successfully and can last long but i have prediction that on 2018 new cryptocurrencies project still not lack of interest

Yeah, and 95% is too much i think
this day, we can find ICO with similar idea and not so much different aps
i think natural selection will aplly to them, but in this case trader selection
who can attract more traders and investor will win the market
not so much country limit and no restriction will apply

[cryptoquality]

This analysis it too pessimistic, only a few projects are complete bullshit, most of the the projects which gets attention and get funded have a reason to be, and most of them will thrive.

If you think just few project is complete bullshit actually your thinking is optimistic, not that analysis is pessimistic.

Majority of the coins are created with the hope that bunch of guys will make millions in short time without offering anything to public.

[JoeriHugelier]

How many will survive depends on how many will be able to actually accomplish what they set out to do. If it's just another payement system than it probably won't survive. If your not offering a specific service you will be replaced by a  (few) common currency (currencies).

[Tashi]

Woah I think 95% is one big number to drop. I think mostly of the cryptocurrencies will still survive and some of them will be dead.

[YonaTAK1]

This is correct, very similar to what happened with the internet bubble in the 90s, 90% failed.

Be careful to only invest in companies with a real use case. Real use case and strong team is most important.

[anjohyx]

I don't think so , 95% of cryptocurrencies is too much , maybe it'll not survive in next year , but 2018 still have more space to grow

[vastmast]

It was a rather pessimistic thought. Cash entry into the market is pretty much.
I do not think there will be a great loss in an economy that is growing so much

[davoshuntcrypto]

I do think that some altcoins will die out as the ecosystem is still growing, but I think to claim that 95% of them will die is a little high, without any facts to back it up.

Every system needs to sort itself out, and that is one of the ways it happens.

[karasuri]

one should take into account how much cryptocurrency is now on the market and then this statement looks logical and correct.

[mohammedfaiz143]

one should take into account how much cryptocurrency is now on the market and then this statement looks logical and correct.

There a lot of altcoins in 2015 as well, but a lot of them has seemed to survive till now. So 95% is a wrong assumption, somewhere near 75% of alts will be gone might be a realistic assumption.

[Crumple Cat]

I don't think that it will be 95%, but many will really be blown away and some will burst completely.
The main thing is that it is generally useful for the ecosystem.

[muhdede]

one should take into account how much cryptocurrency is now on the market and then this statement looks logical and correct.

There a lot of altcoins in 2015 as well, but a lot of them has seemed to survive till now. So 95% is a wrong assumption, somewhere near 75% of alts will be gone might be a realistic assumption.

yes 95% percentage is too much. there are still many cryptocurrencies that until now still survive maybe some of the coins do not survive because the project on the roadmap is inconsistent in developing it, yes it is undeniable that the crypto world as it is fighting so is the strongest that can dominate the market

[Thepoint]

I don't think that it will be 95%, but many will really be blown away and some will burst completely.
The main thing is that it is generally useful for the ecosystem.

That percentage is really very high as a prediction besides another thing that has to be said is that while is true that some will not survive new ones will surely come with time.