95% of Cryptocurrencies will Not Survive in 2018

[mohammedfaiz143]

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/

For the past 4 years I have been reading such articles, and I actually believed them in the beginning . When BTC dipped to 200$ in 2015 Jan alot of posts were made about how altcoins will die. But as years passed I have seen altcoins hanging on. To be fair altcoins have brought a lot of innovation to the cryptocurrency scene.

[rammanbl4]

I really don't get how they think altcoins are going to die. They seem to be doing pretty well to me. If anything, BTC is going to lose its top spot in 2018.

[rasyiqul1505]

altcoin will always be on this forum. I do not believe in you, because altcoin will always be there and there is always altcoin created every year.
someday one of altcoin will lead the cripto currency.

[adsdas]

poor you, your prediction is not right now. There are hundreds coins are borned every day. there are also hundreds companies accept cryptocurrency or blockchain technology in their survice. altcoins are never die.

[shwetaji]

We should hope to best. Cryptocurrencies will
defenetely survive in 2018. So without any tension
you can survive with Crypto.

[Gogochen]

I don't think so. 2018 is clearly still a bull market, so in a bull market, all tokens are not going to die, but when the bear market comes, I agree with you.

[Singbatak]

I'm on the same wave with you but I find it normal. Many projects doesn't have anything real behind them and they are collecting money because of the mass hype. However, 95% is too harsh number. I would say 75%-80% will not survive or at least their price will fall to similar levels.

[ipanks]

cryptocurrency will survive in 2018 but not all coins will do because they need to get people support to stay alive and this is the hardest thing that they can do. I think only the strong coins that have solid dev and teams that will stay exist and will continue their journey in cryptocurrency so they can attract more visitor and help them to make a big profit. every people right now are waiting for their own profit because the altcoin gives a good movement in the beginning of 2018.

[Othakathik07]

a lot of potential in the digital currency, the potential to replace the global currency, banks and so on. but apart from that of course there is potential for fraud, and less good projects.

[jyotianand01]

It is depend on your study that what coin you find for you as in last 2 years, many new coins comes in this market and only some coins are disappear and some coins give decent return and some not able to prove their credibility. It depends on the developers behind every coin, how they manage things to survive in this competitive market.

[FDC1412]

I think generalizing the whole cryptocurrency is wrong. many of the crypto or alts are worthless and therefore it will have no future. Other than those, succeeding cryptos continue to have its rate go higher and higher.

[Scallywag]

I'm not sure if it will be 2018 but it will happen eventually.
This is the time to pick projects with good teams and tech behind them.
They will survive .

[taongam]

It's like a story about an anti-utopia. Each project is individual, and if behind the project is a good idea and a clever team, then such a coin will not fall and will not disappear. The fact that in 2018 will disappear 90% of shit ICO and shit coins - this is what I believe. People will become more selective in their investments.

[Akash1243]

Well there are many many coins released and not all of the coins are good.Most of the coins are just made to pool in some money that's all or are scam they don't put much of an idea behind the coins and these coins must not survive in 2018.But the coins with a good idea and a vision for future and also has good team,cap value will not fall and will survive.I think people should watch and invest.

[Entei]

In my opinion 95% is an exaggeration regarding the survival of the coins, we should look in another perspective less agressive, I agree that many fraudulent coins will disappear along with those projects that are not very useful. We can say that in 2018 there will be a structuring of the altcoins to match in strong demand in the near future.

[Pain Packer]

Although it's true but you think 95% is just a bit much? Can you provide some data other than article to prove you're claim? Maybe some of the ICOs are scam but each of them has a purpose.

[KingKrypto]

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/

There is 8 Billion people out there, I think having 20.000 types of crypto currencies it's good, why? Supply and Demand, survival of the fittest, competition! Imagine if we only had Bitcoin. If you wanted to transfer 10$, you had to pay 20$ in taxes..

[Bonakid]

I belive that cryptocurrency will survive in the year 2018.Iam hoping that it will continue and Im wishing that it can be supported in any country.It has a 100% that it can be our payment system soon we can survive in crypto.

[AiwonOleh]

So worthy projects on the market left very little, and new projects are very unreliable so they do not want to invest

[ravedien]

yep, some will survive, so better to step up the research time and be active in the community as a investor.
You are investing on the future so better to take the risk