Most cryptocurrencies will crash to zero

[yurenchuang7125]

Most of the tokens are worthless, and I think it's going to happen in the future.

Many of these tokens are not supported by their actual use, and I don't know how they relate to the blockchain.

They just exist to make money.

[1715496769]

1715496769

[kangsabu]

its posible cryptocurrencies will crash xD
cuz many ppl just looking bounty
and not much investor

[taxmanmt5]

Those who hate or dont buy bitcoin, are they well educated about bitcoin ?  I believe NO, But i am pretty sure you're. Try to explain them what is bitcoin and block chain. Tell them how it works. If they don't believe in your words just leave them. Because its not your fault they're unaware about bitcoin's advantage.

[Lalapo08]

Yes, I also agree with that. It could be a crypto currency to be worthless. Crypto currency that can not compete with other crypto currencies will be selected by nature. They will be extinct. That's why there needs to be technological innovations that could be added to the crypto currency. Such, technological innovations make why the coins are worth having. If a crypto currency just follows a trend without a clear technological plan for its innovation then it is useless. In addition, there is a need for a planned marketing and promotion strategy to market of the crypto currency in the market. If this is not planned then the crypto currency is more abandoned.

[SABRINASMF77]

If it were true to zero, it would have a bad effect on the crypto, but I do not think that would be achieved.There will be a lot of crypto out there that seems legit but if you look closer, they are just another scheme to make money for its devs.

[weiweianll]

Many PPT cryptocurrencies that have no practical application will be eliminated in the market!
For practical applications such as BTC, eth, and eos, the cryptocurrency will be more and more expensive!

[BitpokerONI]

they're nothing but another scheme to make money for its devs. I believe that 90% of the existing coins are nothing really special

[dvmd]

Bitcoin is as virtual as credit cards and online banking networks that people use every day. Bitcoin can be used for online payments and in real stores, as well as any other kind of money.

[blohinav]

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

Already happening to many new coins as they do not provide any real value. Only those coins will survive which have got a good team behind them and offer some unique features.

[Ambrosius]

I also think with you that most will be worthless. Because most are joining an ICO, they then immediately sell tokens that of course the value of tokens will decrease further. Moreover, too much altcoin circulating in the market is not possible to survive it all.

[Agathai]

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?
From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

https://www.cnbc.com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html
I edited your link to make it easier for people to understand.
 Yes, I agree. I saw that the ico mass production came out massively in this year. But its quality is still an issue that needs to be verified over time. Many pennies were removed on some exchanges because they did not reach the necessary deal and value. Over the long term, I think there will be big adjustments in terms of verifying legitimacy and checking the ico roadmap.

[mrtryonebiggums]

I also think with you that most will be worthless. Because most are joining an ICO, they then immediately sell tokens that of course the value of tokens will decrease further. Moreover, too much altcoin circulating in the market is not possible to survive it all.

Exactly over saturation is going to kill most currencies. However, what it will bring us is the best ideas and projects will eventually succeed. Nobody looks at the dot com boom and says what a waste. People look at it and say wow look at how we got Amazon, Google, Youtube, and Yahoo out of that mess. They will say similar things about crypto, what we don't know yet is what cryptos they will say these words about.

[vanjava]

I think that can happen, because up to now more and more cryptocurreny are emerging so that most will be left out and have no value. I hope the emerging cryptocurreny has something positive for life so that many people use it.

[mornabo]

If most cryptocurrencies will crash to zero of course this has an impact on bitcoin because investors are not interested in others, I hope there is a balance and altcoins users can also survive.

In a few months this may be a lot of altcoin will crash and that is fair in the current market conditions, but not all altcoin will crash
until the end of death, maybe only shitcoin that crashes and becomes zero, but the crash will not make bitcoin dead or zero

[Mr.grin]

If most cryptocurrencies will crash to zero of course this has an impact on bitcoin because investors are not interested in others, I hope there is a balance and altcoins users can also survive.

In a few months this may be a lot of altcoin will crash and that is fair in the current market conditions, but not all altcoin will crash
until the end of death, maybe only shitcoin that crashes and becomes zero, but the crash will not make bitcoin dead or zero

well, if measured from time, I think it will happen, especially now so many coins that have no basis to make. well, in the near future will be collected many coins that do not have a price, even some may be removed.

[nesty]

There are tokens that has really no value because they are not yet developed and some other has a continuous growth and more investors are investing thats why they are surviving. There are new ICO’s are tend to be scams because some are just collecting funds and then afterwards they will not be visible anymore. So better yet study first before investing.

[Firefox07]

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

I think so. There are so many cryptos in the market that no use at all. Especially those cryptos that don't support by many people.

[qiman]

Yes this is already happening as we also see so many tokens now are not even reaching the decentralized exchanges, even they are looking only to add premium tokens and coins now that will give them the biggest volume, so smaller projects are going to suffer by not having their tokens listed on any exchanges and so will easily die a death. When Binance alone is asking for over a million dollars for a project to be listed on its exchange what else do we need to say? Small startups with small capital will just be eaten by the big sharks and die off.

[kennialsyda]

If that happens, I think it will not be this time or now. Probably what you say is a distant future. it seems reasonable. The evidence you gave was more than 3 months ago. Now look at the market again. there is a clear difference.

[Kodok Bencot]

There are now more than 1600 cryptocurrencies and tokens, with a very large number of course there is intense competition that makes a lot of coins or tokens crash to zero.