Angel0
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Activity: 112
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March 06, 2018, 04:35:02 AM |
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Yes, there is more and more coins coming with no value at all, I mean some coins come and published and it has $. 5 - $2, but some are coming $. 02 and some are much lower and it has a billion supply, of course everyone will think that this coin has very slow progress and along the way it might just die. So. When I saw this in front of their bounty, I'll pass and I don't even read the continuation...
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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bisdak40
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March 06, 2018, 04:41:24 AM |
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We just can't avoid that scenario to happen because of the many ICOs aprouting around some of them maybe scam and some did not materialize as plan.
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Fitrilalala
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Activity: 248
Merit: 10
The Exchange for EOS Community
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March 06, 2018, 04:58:55 AM |
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Yes that are.because when the coin have enter the market and many investor have buy it in ico when pre sale and main sale a lot of them will sell the coin back to gain profit and then many bounty hunter doing the mass sell after the bounty end, it cause the price drop deeply and have no big value. As you said to make community first before the coin offering i think its hard to do except the country that launch a coin, it will have the community that will use it(citizen).
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amitkumratra
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Activity: 672
Merit: 1
Moderator
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March 07, 2018, 09:13:08 AM |
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There is to many ICO are coming with their coins without any active developers and also without community support.
I think most of these coins first come to the market and after that they prepare their own community for their publicity. Which is wrong and due to this they do not get good value in the market.
And this is the main reason, why maximum coins have no value.
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Nivelir
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March 07, 2018, 09:21:04 AM |
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Yes it is really so, because people simply invest without looking, they just do not understand what they are investing their funds, today there are a lot of projects that have no value at all, it seems to me that this looks very sad.
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Lpim01
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March 07, 2018, 09:23:31 AM |
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It could be possible thing to happen cause of having a lot of unrealistic projects flooded in here. Not to mention also a huge numbers of undeveloped projects due to of its usefulness in the community and let it die. Really bad to see how it affects the entire crypto community and it may cause of losing trust from investors.
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CryptoTrip
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March 07, 2018, 09:23:35 AM |
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In fact, it turns out that most projects don't carry any improvements in the field of blockchain or real application in life. After a long listing, you can understand that the community is not interested in the project.
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CONTRACT
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March 07, 2018, 09:23:49 AM |
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In fact, the crypto currency market itself is speculative, many coins from the first hundred do not offer anything except ideas and big promises, the value of the token often depends on the names of the developer and the team, many want to repeat their path, so every day there are projects that are worthless.
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doudou1110
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Activity: 100
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March 07, 2018, 09:34:40 AM |
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I quite agree with your ideas, to many of the ico project does not be born the product now, as you said may be an idea, what kind of want to do, but in the end can be implemented, and the implementation is useful really, after all of these are unknown, so these new kinds of greater risk
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rupesh2
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Activity: 182
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March 07, 2018, 09:46:29 AM |
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i agree with this post , most of ico even do not pre plan their strategy , their main goal is to raise funds only .
even ico which have best team dont do proper planning .
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Bitcoininspace
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March 07, 2018, 11:08:57 AM |
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There are more than 500.000 coins are now and a half of them are trash. I suppose someday the crypto market will fed up and investors will pay attention only on top-three coins.
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TheDarkRide
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May 06, 2018, 04:35:08 PM |
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Yes there are a bunch of altcoins that have no value for a longer time. It is due the developer stop to update the project which make the development stopped and the project. No real use product and bad marketing are the other things that mostly will make a project stuck.
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Anniee123
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Activity: 196
Merit: 10
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July 05, 2018, 10:16:15 AM |
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That's the problem right now, and I'm worried about a lot of tokens if you hold them for a long time.
So maybe a year from now this token will disappear.
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bungutko
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Activity: 280
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July 05, 2018, 11:27:18 AM |
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Yes, I agree with the author's opinion. There are actually many altcoins emerging in the market right now and it will be very hard to know if such ICO is legitimate and not a scam. Though this is just my second bounty campaign and I am not very skillful in choosing for a good signature bounty and my style of choosing a good ICO is to check the participants joining to such campaign if there are many high ranking members who had joined the campaign. Because of the many emerging ICO, I don't think many of these will survive longer since investors were now already being divided on their investment.
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BlackBoxRecords
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Activity: 280
Merit: 15
Pool of Stake
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July 05, 2018, 11:30:34 AM |
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It is very tempting or many people to build new coins, but it is in our hands to avoid investing in projects that have nothing behind them. It our choice.
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Orrechorre
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July 05, 2018, 11:37:14 AM |
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I also see that there are far too many coins, more so that there is many that are just clones and don't really have any proper applications.
We see so many also with huge pre mines that can only put the devs in the right place when they do take off even if it is still under a dollar.
They are all trying to emulate what bitcoin has achieved but bitcoin has taken time to get the position it has now and market dominance.
Community is as important as the currency is it is hard to build a community without a product but it is easier to grow a community with a product as confidence grows so does the community.
Speculative trading is always going to happen as with any new crypto currency most peoples goal is for it to make them rich. As the community grows and more do start to accept it for goods it will become more of a currency rather than a coin that is just traded.
Yes, I agree with you and also believe that it is better to have a good product first and then, build a community to help it grow rather than speculating what the product will be. |
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lovenlifelarge
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July 05, 2018, 11:56:38 AM |
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that is a sad truth, there are lots of altcoins without directions, that is why there are lots of doubts and uncertainty occuring in the market. I believe we should make a move to battle this.
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pablodotcol
Newbie
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July 27, 2018, 12:25:10 PM |
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This is actually a fact. There are so many valueless coins in the market and this is because a lot of these coins weren't even made to withstand the market in the first place. They have always been scam, and were made for selfish reasons. I wish something could be done effectively to take these garbage coins out.
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Prolifik
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July 27, 2018, 12:27:00 PM |
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It is pretty normal, development of new projects can take years.
Look at startups, most of them are unsucessful, but some of them are very profitable in long term (5-10 years).
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imteaz
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July 27, 2018, 12:29:13 PM |
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Every day at least 5 new coins come into the market and 4 of them are shit coin and you should stay away. Because they might disappear or they will not have any value in the future. They are here for the cash grab, so be careful what you are investing in and read the details, find out about the team.
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