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Author Topic: All Alt Coins are a scam.  (Read 6388 times)
InfiniteGrim
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April 11, 2018, 07:22:36 AM
 #541

And how they can be scammers if the major shopping malls have long accepted the payment in the top altcoins. I think these statements are not worth taking seriously.            
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April 11, 2018, 12:12:14 PM
 #542

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, if another respected expert says that this is not so? What will you do in this case? It seems to me that every player should have his own opinion on this matter. If you change your mind every day, it will only bring losses.


Tone Vays told that 90% of blockchain companies are scam. He told that two years ago. Many blockchains still function successfully these days. I guess it's his job to say that altcoins are scam and bitcoin is the safest and the best cryptocurrency in whole cryptoworld.
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April 11, 2018, 12:17:28 PM
 #543

I completely disagree with your opinion, there are a lot of good crypto projects that bring their investors a good profit. For example crypto project FUSION is a public blockchain devoting itself to creating an inclusive cryptofinancial platform by providing cross-chain, cross-organization, and cross-datasource smart contracts.
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April 11, 2018, 12:30:56 PM
 #544

yes, definitely true , but it doesnt mean that we should stop, the scam percentage  might be huge but still there are remaining percentage, lets just be patient
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April 11, 2018, 12:45:26 PM
 #545

you have to be patient for now don't need to sell out.i don't think these statement are not worth discussing.




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April 11, 2018, 12:55:23 PM
 #546

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!
You too quickly conclude that all the scams, just because it comes from the opinion of one person only. You should also listen to the opinions of others who he thinks can be trusted.
And my response strongly disagrees because as we know, that more here altcoin has a very rapid development, like ETH, Ripple, and Litecoin. So if I think not all altcoin projects are leading to fraud, there are also altcoin projects that are proven to have good prospects for the future.

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April 11, 2018, 12:56:48 PM
 #547

No,all the altcoins are not  scam.Some of the altcoins have great potential growth and they gives a good return in future.You have to research on altcoin before investing wheather it is scam or not.
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April 11, 2018, 01:02:08 PM
 #548

I dont think all alt coins are scams. Maybe none will rise to the value of bitcoin but that doesnt mean they are scams
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April 11, 2018, 01:04:43 PM
 #549

I disagree with him. A lot of altcoins are legit.
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April 11, 2018, 01:08:15 PM
 #550

That's funny, I think that he's no-brainer at all maybe he just lost in trading that why he said that.As we all know that not all altcoin are scammy but most of them are pretty much scammy.There are many altcoins out there like Litecoin and Doge that has a track record in years and have a strong community that supports those coin
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April 11, 2018, 01:09:29 PM
 #551

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!
If you think so, then you do not have a place in this forum. You do not need to believe and listen to everyone and make decisions based on an outsider.


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April 11, 2018, 01:13:17 PM
 #552

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 that all altcoin are scam,how come that ethereum is scam?the fact that most bounties uses ethereum as token reward,so I don't believed that they are all scam.
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April 11, 2018, 01:16:47 PM
 #553

I dont think all alt coins are scams. Maybe none will rise to the value of bitcoin but that doesnt mean they are scams

Exactly, I don't know why people are thinking this way, there is no proof that all of the altcoins are scams yet they are saying such things like that. Maybe there are some ICO's that are scams but this doesn't mean that all of the altcoins are scams too. We just have to be aware of this scams since it could be happen anytime, no matter how good the project is, in any seconds everything could change.
Bowly88
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April 11, 2018, 01:23:39 PM
 #554

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!

No that is definitely not true please stop spreading a false news because some people especially those newbies are believing in those thing and it makes a misconceptions in their minds that all altcoins are scam so whenever there are a newbie also that will ask them then they will say that altcoins are scam and the epidemic will continue. Lets us give the altcoins an opportunity to prove themselves because i know that they can really be on top too especially ethereum and ither top alts.
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April 11, 2018, 01:26:42 PM
 #555

No, I do not think they are fraudulent, many have become rich thanks to the altcoin. They can not cheat, they have created jobs for many people in the world, they have engaged in the purchase and exchange of goods and services.

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April 11, 2018, 07:31:29 PM
 #556

Given the current state of things, many will say that all altcoins are crooks. But it is not necessary to dwell on this, because such statements occur during all crises.
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April 11, 2018, 07:38:08 PM
 #557

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!
Run sell, already sold. Yes this same rofl some.  Yes, most scammers, but not yet. It's stupid to think that, some projects were really launched with the aim of selling the coins and letting them in the world. But others, on the contrary, wanted to develop the idea and their own skins.
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April 11, 2018, 07:41:40 PM
 #558

Bitcoin has the highest probability of surviving any major event to to its community adoption.  I have to say, Ethereum is looking more so like its getting close to that point-hence a lot of the existing coins would't even exist without ETH.
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April 11, 2018, 07:44:51 PM
 #559

Some maybe scams, but many altcoins have brought a lot of technological improvements and although Bitcoin right now has almost half the marketcap, Bitcoiners the world over have made their fortunes buying and trading altcoins, so without altcoins Bitcoiners wouldn't be the whales they are today, well not all of them but at least some of them lol. I think like any business, we need competition to steer innovation in the right way, otherwise we get technologically stagnant.


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SixOfFive
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April 13, 2018, 07:23:56 PM
 #560

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 guess he just gave his opinion. It’s not like a universal truth. But according to me there are some Altcoins which are making many people rich, ETH, for instance. Some people even believe more in these Altcoins than Bitcoin. Yes, many Altcoins will disappear but not all.
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