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Author Topic: 2019 - the end of 90% altcoin?  (Read 19913 times)
Yawn85 (OP)
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December 02, 2017, 02:11:01 PM
Merited by robelneo (2)
 #1

Since we have an exploding amount of ICO started from mid this year and most of these projects says they will have at least a prototype around end 2018 to 2019. Many of hear ICO projects will delay the release date, but nevertheless many of them should have something by the mid to end 2019.

What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.

Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
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crypto_bit
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December 02, 2017, 02:19:12 PM
 #2

I think ICOs tokens keep its values as long as bubble (or fast increasing demand, choose what you want Smiley ) on BTC and in general cryptocurrencies lasts. I would not give any dates nor estimations based on expected roadmaps, because BTC and only BTC provides propitious market for alts.
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December 02, 2017, 02:33:29 PM
 #3

I think by 2020, about 99 percent of altcoin is going to die, because their value is just speculation, but nothing.

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Thanasis
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December 02, 2017, 02:35:13 PM
 #4


Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?

The ICO investment will give us huge profits in short term but as you said many of the ICO projects are failed that is due to not enough effort from the development if someone need to keep their coin alive they must have proper development and good contact support for the investors which will give their project to succeed and the investors also will get profited.But most of the ICO founders starting the project for just earning money then they leave their project stranded after got enough money so we need to invest on good ICO for earning profits.
The BTC and ETH investment need to be long term then only we can earn good profits but in this investment the risk is very less when compared to ICO investment so many people are investing on bitcoin and ethereum.So many of the unsuccessful coins may become extinct in some years or as you said by 2019.

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December 02, 2017, 02:36:40 PM
 #5

The bad projects which do not deliver anything will die, rest will survive
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December 02, 2017, 02:36:52 PM
 #6

I think by 2020, about 99 percent of altcoin is going to die, because their value is just speculation, but nothing.
i agree. the valuation of altcoins reminds me of .net bubble. at first there will be a big crash, then 99% will die and 1% will prosper.
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December 02, 2017, 02:39:52 PM
 #7

Bitcoin's value is still rising which pretty much the altcoins depend on, but I think it has gained so much popularity and recognition that I don't think it will blow up like it did this year that's why I hope and I think that more altcoins will resurface and a variety of coins will be available to the market so that there will be variations of cryptocurrencies to use.
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December 02, 2017, 02:43:21 PM
 #8

Most altcoin will die because we do not use it in our daily lives and it's purely a financial game. Of course, we can also profit from ICO.
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December 02, 2017, 02:43:51 PM
 #9

The end has already begun. It started with diminishing investment in Initial coin offerings. Most of the alts are doing terrible and its just not the end of a short term market cycle this time, the alts have had its rosy days and now its the end of full market cycle for sure.

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December 02, 2017, 02:44:20 PM
 #10

maybe not 90% but a lot of them will end in a couple of months, it won't even take a year. and it is nothing new. there has been lots of altcoins created nearly every day for the past couple of years and most of them are completely dead now.
there are coins that are listed on some shit-exchanges and they don't even have a blockchain. some of them have blocks which were mined 4 months ago.

i'd even go as far as calling it a natural thing, where something that is never used apart from speculation and pump and dump, eventually ends up dying.

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December 02, 2017, 02:45:53 PM
 #11

I don't think so, I believe people will keep trying. Even more than they are now at that. So long there's a chance at all that is.

When almost anyone can do it, almost everyone is bound to consider giving it a try.

And there should always be room for legitimate projects anyway.
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December 02, 2017, 03:00:01 PM
 #12

Since we have an exploding amount of ICO started from mid this year and most of these projects says they will have at least a prototype around end 2018 to 2019. Many of hear ICO projects will delay the release date, but nevertheless many of them should have something by the mid to end 2019.

What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.

Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
Its like a game. Many teams participate in a tournament, filtration starts and ends with a win to a team.  There is no end for teams. Teams keep forming themselves. Likewise, here, many ICOs do fail to meet the challenges but some do meet. So new ICOs will keep forming as long as bitcoin and other top crypto currencies drawing investers into. So no end to new altcoins. The best service they provide to the market the best place they conqure.
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December 02, 2017, 03:00:44 PM
 #13

I think, yes, investors need to grow wiser. Careful to invest and interest should decrease, and the number of adequate ISO is reduced every year.

khoaivoz198
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December 02, 2017, 03:01:30 PM
 #14

Seriously i don't think so. Blockchain technology is getting faster, so there will be more altcoins with faster way of payment, mining or trading.
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December 02, 2017, 03:02:14 PM
 #15

Usually it's said 95% of who try to make trading will be excluded.
I think with altcoins is kind of the same. There are some good projects like Bitcore, Waves, Deep Onion, Ark, etc., but the most of altcoins or token are just scam.
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December 02, 2017, 03:12:31 PM
 #16

Usually it's said 95% of who try to make trading will be excluded.
I think with altcoins is kind of the same. There are some good projects like Bitcore, Waves, Deep Onion, Ark, etc., but the most of altcoins or token are just scam.

These good projects will remain. And everyone else will just die. Maybe it's good. Scammers should be punished, and their projects closed

DevelopmentBank
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December 02, 2017, 03:23:28 PM
 #17

Most of the ICOs i see on a daily basis are comprised of immature development teams that have long since been working from their parent's basement. I am bearish on the whole ICO scene espeically cum 2019. We may see some short term gains because of all the hype and pumps but nevertheless, it may all fall down. The sure thing tho will be that Bitcoin will last. So make sure you also keep some in pure BTC value.
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December 02, 2017, 03:30:31 PM
 #18


No need to wait until 2019, in 2018 many of the altcoin and tokens will have disappeared.
Positive: the remaining 10%
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December 02, 2017, 03:33:09 PM
 #19

Nah I think alot of the projects will live for quite some time but it will be zoombie projects. Many projects are lead by coders with a good idea. Nothing wrong with that but I see quite a high cashburn for some projects which is not viable.
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December 02, 2017, 03:35:43 PM
 #20

No need wait very long time to see some altcoin gets died. every day some ico were born and another will die. This just like a complete ecosystem to filter how is the best ico project in this time. Those icos are not doing the development properly will die asap.

 
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