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Author Topic: Most overvalued coin?  (Read 899 times)
VitKoyn
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January 28, 2018, 03:27:11 PM
 #21

In my opinion, All hard fork coins of Bitcoin are the most overvalued cryptocurrency, copying Bitcoin source code and labeling it with another name that has "Bitcoin" on its name, with almost whole supply are pre-mined that are being distributed to all people that holds Bitcoin so that it will have a value coming from thin air, especially Bitcoin Cash that is trading over $1000 without having any use. Another overvalued cryptocurrency is Stellar Lumens, it is just a copy of Ripple so I can't see any special about this cryptocurrency, and it is now #6 in market cap lol.
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January 28, 2018, 03:28:09 PM
 #22

I think Monero and Zcash ist very undervalued and BitcoinGold and Ripple is overvalued.

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popeye95
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January 28, 2018, 03:40:09 PM
 #23

I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins. Smiley

I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now.

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley
Definitely, Ripple is the most overvalued coin.
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January 28, 2018, 04:15:37 PM
 #24

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley
Well, eth WAS very innovative and cool some time ago and now it sort of lives from the recognition of what it did in the past. If we talk like this then bitcoin is the most overvalued coin, since it transactions are taking the hell lot of time as well as are very expensive. Yet it lives and will live, because it was the first one and everyone appreciates it.
A lot of people say ripple is overvalued. I don't know, but I think it will rise more anyway.
My #1 choice is Bitcoin cash which is basically another bitcoin, which only has increased block size. I don't think it's really worth all that money.

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gargamel-crabman
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January 28, 2018, 04:23:10 PM
 #25

Technically every coin is overvalued. Almost none of them have any intrinsic value, so you're buying mostly on speculation. But in terms of speculative coinage, Ripple is probably overvalued however it has given light to the banking system which crypto will most likely disrupt in the near future. Ripple might gain in value just because of the major established banking system giving it more widespread adoption. Bitcoin Cash seems overvalued to me.
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January 28, 2018, 04:28:21 PM
 #26

I would honestly have to say that the fiat USD penny is the most over valued coin. It takes over 3 cents to make it... That's over valued for sure in my opinion.
Ha ha, for real?

But my most overvauled coin is Ripple. Shouldn't be anywhere near No.3 on CMC imo
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January 28, 2018, 04:30:32 PM
 #27

Bitcoin! Smiley

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January 28, 2018, 04:31:31 PM
 #28

ripple
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January 28, 2018, 04:32:29 PM
 #29

I think the only most overvalued coin is Bitcoin.
It has no project but people are so crazy about getting a single Bitcoin while the price surges and skyrocketed to the moon.
There are a lot of must valuable coins, some blockchain that has speed and more scalability than Bitcoin.
That's the reason why Bitcoin is the most overvalued coin in Cryptocurrency market in my own opinion.

GeorgeFeb
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January 28, 2018, 04:33:45 PM
 #30

I would honestly have to say that the fiat USD penny is the most over valued coin. It takes over 3 cents to make it... That's over valued for sure in my opinion.

You don't say, sure thing!

Takes 6 cents to be more precise!

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January 28, 2018, 04:36:36 PM
 #31

For me there are a lots of overvalued coins, but I think that the most overvalued coins are: Cardano, Tron, EOS and Bitcoin Gold

good selection

these are over priced for sure

ANY coin with narrow  distribution is over priced because you can never know fair market value for it.


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January 28, 2018, 04:40:47 PM
 #32

It seems that Ripple is the most overvalued coin for me, since it's price was probably manipulated by whales whom I suspect were the banks...
GeorgeFeb
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January 28, 2018, 04:43:32 PM
 #33

In my opinion, All hard fork coins of Bitcoin are the most overvalued cryptocurrency, copying Bitcoin source code and labeling it with another name that has "Bitcoin" on its name, with almost whole supply are pre-mined that are being distributed to all people that holds Bitcoin so that it will have a value coming from thin air, especially Bitcoin Cash that is trading over $1000 without having any use. Another overvalued cryptocurrency is Stellar Lumens, it is just a copy of Ripple so I can't see any special about this cryptocurrency, and it is now #6 in market cap lol.

So far none of the coins have any use whatsoever, except speculation!

It'll take time untill the wide use of cryptos will spread around the globe and believe me, those will be the government issued cryptos!

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January 28, 2018, 04:47:17 PM
 #34

For me there are a lots of overvalued coins, but I think that the most overvalued coins are: Cardano, Tron, EOS and Bitcoin Gold
good selection

these are over priced for sure

ANY coin with narrow  distribution is over priced because you can never know fair market value for it.

From myself I can add IOTa. A lot of hype and the only thing that works - the wallet. 146% overpriced, but idea is not bad!

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January 28, 2018, 04:55:28 PM
 #35

In my opinion bitcoin cash and ripple are the most overvalued coin in the cryptocurrency.Bitcoin cash is just using the name of bitcoin there is nothing special in it.
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January 28, 2018, 05:01:16 PM
 #36

I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins. Smiley

I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now.

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley
First of all dude Don't state false accusations that the ethereum is not decentralized and ethereum is not a overvalued coin as it is the second largest invested and used coin after ethereum as all the developers use it for the token transactions . It has much more responsibility than u think. For me if there is any coin which is overrated that would be Ripple as the others have also stated . Ripple is not decentralized and seriously i don't know why people are even investing in that shit coin.
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January 28, 2018, 05:28:36 PM
 #37

It seems that Ripple is the most overvalued coin for me, since it's price was probably manipulated by whales whom I suspect were the banks...
Ripple actually has its own function in payments between companies and companies , overvalued or not it's really hard to say about that because the fluctuation of Ripple is hard to predict. I used to bought Ripples at 0.25$ for each 2 months ago and look at it now ? And if i was overvalued without any application so why people keep using it and buying it? Banks will not involved with this , specially with cryptocurrencies because they are their most terrifying enemy.
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January 28, 2018, 05:35:26 PM
 #38

I would say it's bitcoin. The incredibly high value is not coherent with the fact that this coin will gradually disappear from the market and that the few companies that adopted it are now rolling back and moving to other crypto. I feel like people don't want to open their eyes, but the BTC future does not look bright to me.

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January 28, 2018, 05:53:11 PM
 #39

For me it would be Ripple and TRX.
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January 28, 2018, 06:49:55 PM
 #40

I can say that, Bitcoin is overvalued. It can come at this price in time but not within a year. Groving too fast. It will collapse due to its old technology, transfer fees etc. Or may be stay in its position as classics. Just like gold. Eventually it's father of crypto world...
People need to be aware this there are big competitors like Ethereum(the father of the most tokens), NEO(zero fees), Dogecoin(sleeping giant), Ripple etc.
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