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Author Topic: All Alt Coins are a scam.  (Read 6388 times)
mtrxhasu
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April 02, 2018, 08:52:53 AM
 #421

All this is reminiscent of the argument that plastic or metal is better. Cheesy
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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sniper2018
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April 02, 2018, 08:59:42 AM
 #422

Well this is what the insightful Tone Vays claims...

He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.

So l guess we should all sell our Alts now!

Well, it's up to you. If you want to believed it, then go. But you can't forced us to do this because we have also faith with the altcoins. Like bitcoin, we believed that all altcoins have potential to be more successful in the future. They already proven it before when they start to launch their plattforms in the market.
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April 02, 2018, 09:03:18 AM
 #423

When small investors are told that "all these altcoys and ICO - fraud" - this is the same as saying to the child "the porcupine shoots with needles." In reality, this is not entirely true, but if the child believes, he will stay away from the needles and avoid trouble. Among the dangers that lie in the world, crypto-currencies are bad ideas that are blindly believed; good ideas that are poorly implemented; and outright fraudulent schemes. There is an opinion that the first two categories are rather subsets of the third.
abiiiii
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April 02, 2018, 09:11:38 AM
 #424

Well this is what the insightful Tone Vays claims...

He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.

So l guess we should all sell our Alts now!
   I don't think all altcoins are scams. Maybe some are, but definitely not all. Please do check the background of the person whom you quoted from. Better learn more about cryptocurrency before claiming such news.
BitcoinBallerina
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April 02, 2018, 09:12:11 AM
 #425

If he thinks that coins like ETH are shit then he needs to eat a bag full of shit. One has to be pretty dumb to think that ETH is a scam. If he cant see the real world use cases of coins like ETH then maybe he doesn't belongs in the crypto world and needs to find another market where his bullshit will be accepted.

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April 02, 2018, 09:17:18 AM
 #426

Well this is what the insightful Tone Vays claims...

He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.

So l guess we should all sell our Alts now!
And I'm an adherent of alts and I think that bitcoin will die out, but only coins like dash, monero and ether will remain. So all these forecasts are relative and say that in two years will be in the top pretty hard.

aileen393332xe5157
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April 02, 2018, 09:43:50 AM
 #427

Well this is what the insightful Tone Vays claims...

He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.

So l guess we should all sell our Alts now!
I'm not sure because of that. Although Bitcoin has many advantages: Quick, easy, cautious, safe, economical ... Bitcoin has been encouraged by many countries, many companies accept payment ... Other currencies There are also many advantages. I think that any cryptographic currency that will be used internationally is a technical debate.
 I trust Bitcoin!
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April 02, 2018, 09:46:06 AM
 #428

According to statistics, in 2017 only 48% of ICO became successful. This industry receives a large amount of money, so it attracts the attention of financial regulators. Most of the projects promise to significantly simplify and improve everyday life through the introduction of blocking technology in a wide range of activities - from medicine to creativity. However, companies do not always fulfill their promises. For example, the organizers of the ICO project Benebit disappeared with a minimum of $ 2.7 million collected from investors. In 2018, five fraudulent ICOs were found, from which a large number of users managed to suffer.
[Frederick]
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April 02, 2018, 09:54:25 AM
 #429

I thought it was post during the April's fool bit it's not.
If you accept that statement I wonder whybare you still here?
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April 02, 2018, 09:54:30 AM
 #430

Well this is what the insightful Tone Vays claims...

He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.

So l guess we should all sell our Alts now!
I do watch sometimes Tone Vays but I cannot remember him calling ETH to be shit, if he does so I cannot agree with him because Bitcoin and ETH are very different things, I can agree that after lightning network implementation  there will be no use for many cryptocurrencies that positions themselves only as virtual money.

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April 02, 2018, 09:55:41 AM
 #431

If there is one coin,  there can be no market. So all of these words is a complete sh**. How can any trades be run?  Sell btc for btc in order to get btc?  Nonsense.

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April 02, 2018, 10:01:07 AM
 #432

I think that you do not need to sell your altcoyins, the market falls down for a long time. We have to wait, I think soon the situation will change
veraoktav127
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April 02, 2018, 10:04:30 AM
 #433

altcoin is an alternative coin of bitcoin, there are some altcoins that cost very low even zero but altcoins is a good price and not a scam so I think that opinion is not entirely true because already many rich people because this altcoins

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April 02, 2018, 03:48:41 PM
 #434

Well this is what the insightful Tone Vays claims...

He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.

So l guess we should all sell our Alts now!

I personally think altcoin will never scam if they have a team that is very solid and very experienced in the world of digital currency, and the price of altcoin down because the condition of bitcoin prices also fell, if you want altcoin prices to rise then bitcoin also have to rise in price.
Sara Khan Afridi
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April 02, 2018, 05:47:47 PM
 #435

lol Not all alts are scam.
Btc is king no doubt but without alts BTC will not survive
this is my view

Sell alts? seriously?
its time to fill shill your bags with alts
it up to 99% sale on alts
aeternus
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April 02, 2018, 09:05:39 PM
 #436

I don't agree with your statement, and the person who told that all altcoins are only scams. Maybe some altcoins were scam and have run away after raising funds through ICO. But that does not mean all altcoins are fraud. Every thing has two sides, good and bad. So what you need to move on is become skeptic.
The truth is that many altcoins out there that are scams, but there are also significant amount of altcoins that are not scams but simply never get the support of the community and they end up failing in their purposes, only a very low number of altcoins are able to reach any kind of significant success but that number is big enough that if you invest in cryptocurrencies for a long time you could make a fortune by just choosing the right coin.
xen14
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April 02, 2018, 09:07:49 PM
 #437

everyone have their own opinion and they can say what they want. for me not all altcoins are scam but some or most are scam. each altcoins are created and have their own uses except for scam coins. especially if you experienced being scammed your way of thinking will changed
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April 02, 2018, 09:10:33 PM
 #438

Most coins are created only for speculation. I think that this fact is understood by all people. And no one will argue with the fact that such coins do not have a future.

Creating N Action
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April 02, 2018, 10:22:29 PM
 #439

Not all alts coin are scam.  Even there's a scam alts coin, most of the alts coins are legit. I believe that all alts coins are not scam because if all alts coin are scam, people won't do or work on bitcoin. Many people believes that they become rich and alt coin is the key to success  in life. They can  notice the scam alts coin if  they have knowledge about altcoin, if they read , watch and learn in a white paper and  if they  ask for help to other people. It is important to be wise in choosing alt coins to avoid scam.

mylyn2327
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April 02, 2018, 10:39:07 PM
 #440

Can you prove your wordings or have you any link which says like this? Never spread rumor as many altcoins already proved their value and established and investors first choice. May be some altcoins do scam after their ICO but not all altcoins are scam.
Your right, he must have supporting evidence or links before telling something against alt to support this speculation. Maybe some, but most of the alts are legit and they already proved their value.
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