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Author Topic: Too many Altcoins without value?  (Read 1200 times)
JohnnyCashers
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August 13, 2018, 09:28:48 AM
 #141

And what is the problem? The volume reflects the interest of people to a particular asset, as well as its liquidity.
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kelsey
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August 13, 2018, 09:30:13 AM
 #142

there where too many alts 5 years ago, now its just gone full retard  Shocked
udocoin
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August 13, 2018, 09:26:59 PM
 #143

It's getting really out of hand most of them are just white elephant projects or outright clone or imitation of existing projects then there are those which are scams
One has to do proper research before thinking of investing or getting associated with them
12retepnat34
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August 13, 2018, 09:33:23 PM
 #144

Some of thus altcoins before is a good projects at first but in the long run due to lack of development and support from the crowd then its decreasing its value or totally gone, or maybe the team has a plan to leave the project because they already have the funds. I think blockchain developer has to do something to clean up thus zero value altcoins.
werumkeq
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August 16, 2018, 09:45:33 PM
 #145

Yea that is valid. There are much too numerous altcoins out in the market now that have no esteem. The majority of the altcoins that we have now are simply coins that are made by ravenousness individuals who are simply searching for an approach to profit from cryptographic forms of money. That is the motivation behind why a considerable measure of altcoins will wind up vanishing quite a while from now at any rate. Only a couple will be cleared out.
Applechild
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August 16, 2018, 09:54:42 PM
 #146

Honestly you have a very good point here. The coins are without value and the quantity one even receives is not encouraging. it makes the whole thing even more useless that lest say the coin will be in the market the next day or more, you will see coins amounting to just one US Dollar. it is like some people are just copying what others are doing and go ahead to do it without consulting the original owner and because of this such coin becomes uselss, because of this the no tangible direction.
Nimbusrf
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August 16, 2018, 09:56:14 PM
 #147

Yes many new coins are scammers and initially lose in price.many older coins are also depreciated. but people do not work with such coins.
dewi91
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August 16, 2018, 10:16:53 PM
 #148

It is normal, crypto has no real use and that is why it has no value. After cryptocurrencies will be more accepted and used we can talk about real value.
Yes in the future may crypto currency Will be more accepted but not all altcoin have potential to increase it's value, most of altcoin can't survive and just a few altcoin Will survive and have a good value in the future. Need good team and work hard to make a good altcoin.
aioc
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August 16, 2018, 10:25:59 PM
 #149

This is the reason why a reputation of the who are the people behind that coin is very important, this is a guarantee that the people that are going to work on the platform are people who are experts in their field and can make the roadmap attainable, they have a good marketing strategy and had a good communications to the community.

edmundo
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August 16, 2018, 10:30:54 PM
 #150

I have equally been surprised by the proliferation of half baked projects, mostly those who have absolutely no value and often times out there to swindle the gullible. A lot of projects have sprung up in the last couple of months taking advantage of the unregulated crypto space to defraud innocent investors. The sad part is, most of these projects have nothing to offer, I mean no value whatsoever. It is a worrying trend.
joseherrera04
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August 18, 2018, 12:28:05 AM
 #151

I think most people wanted to be part of the cryptocurrency boom experienced in the last years, which only led to the the market being overcrowded by cryptos without any real use, they are created just for profits in the market.
bukmood
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August 19, 2018, 02:31:06 AM
 #152

Yea that is valid. There are far too numerous altcoins out in the market now that have no esteem. The greater part of the altcoins that we have now are simply coins that are made by insatiability individuals who are simply searching for an approach to profit from digital forms of money. That is the motivation behind why a ton of altcoins will wind up ceasing to exist two or quite a while from now in any case. Only a couple will be cleared out.
gizmocritter
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August 19, 2018, 03:01:37 AM
 #153

Many ICOs getting created day by day. But a lot of coins have been without any value. Please invest carefully and read papers!
There are many projects with whitepaper is written particularly, but it's scams. I think a person who is really serious to invest, he will collect information about the team, project or anything revelant as much as posible.
Scripture
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August 19, 2018, 03:12:40 AM
 #154

Of all the altcoins existed only ten percent are considered successful and still doing good until now, while others are proven as a scam or vanished after gathering funds to investors. Most of them doesnt have any value. But i dont think we can erase them from the list because they are already existed.
Kay28
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August 19, 2018, 03:21:32 AM
 #155

Its countless of these projects that became failure in the process of ICO up to the developement of the product.. If not failure ..there just purely scams..project were made to fool and take peoples money during ICO.. So even the project coin completed the ICO ..they just run away peoples money.. Its so important to make a constant monitoring, research on the coin before putting your hard earn savings to nothing... Ive heard there are projects who just conducted airdrops or bounties just to collect peoples personal infomation...its a dangerous fraud scheme using crypto as a cover up ...
nvdihankuke
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August 19, 2018, 03:30:42 AM
 #156

To be frank, i think that a lot of high-priced coins are also worthless. I can't figure out why they have such high value. Just as there are a lot of new coins born every day, but most of them are for the sake of money.
SilverChromia
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August 19, 2018, 03:32:52 AM
 #157

Yes currently we have a lot or too many altcoin at the present time at the same ICO is also too many and some of altcoins doesnt have any value and i think the reason for that sometimes those altcoin doesnt having a value is because they are too delayed about the exchange dates or their project is still on presale stage and the ICO is still on TBD and for some other reason some projects need some funding thats why there are altcoins that take too long or taking a lot of time before having its own value and sometimes those altcoins without value are clones or just coming from some airdrops but in my situation im keeping those altcoin because i dont know what will happen if sooner or later maybe those altcoin will have a value in an instant and even smallest profit i will still accept it.

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blockchain-man
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August 19, 2018, 03:39:07 AM
 #158

The cryptographic market is free, non-governmental so the researcher marketed an Altcoin will not have a management, testing so quality will decide the value of the Altcoin ... On the other hand Many shadows will break down and the Altcoins lose value as often happens.
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August 19, 2018, 02:45:50 PM
 #159

yes there are too many ICOs and too many coins made that don't have significant value. They all try to emulate what bitcoin has achieved but bitcoin has taken the time to get the current position and market dominance.

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lksufrr
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August 19, 2018, 07:23:35 PM
 #160

And there is not problem of them. They make other altcoins stronger and investors and just other members of the cryptomarket have a great amount of coices for investing.
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