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Author Topic: All Alt Coins are a scam.  (Read 6388 times)
majest3 (OP)
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March 12, 2018, 05:14:17 AM
 #1

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!

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March 12, 2018, 05:23:29 AM
 #2

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 what he say might be true. However to believe in something concrete evidence is needed or it is just his opnion which cannot be justify. From what i know altcoins make a lot of people rich no matter whether isit a scam or not. Again this is my opnion and what i heard you should do your own check to verify if you want to know more
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March 12, 2018, 05:28:48 AM
 #3



 Everyone is entitled to their opinion and i don't think anyone's opinion should trigger important decisions as selling out  coins you invested in, instead research and make your own decisions on whether its time to sell. if at all are all shit then who's gonna buy even if we sell. just chose your coins wisely, some of them has potential.

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March 12, 2018, 05:40:08 AM
 #4

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!
the prize hunter seems does not matter if Altcoin is scam or not because already many people have become rich because of Altcoin.
I have various kinds of get tokens (Altcoin) and as a result I get a lot of money from it.
sell Alts now? are you seriously? the market is down and i think that is not good idea.
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March 12, 2018, 05:42:28 AM
 #5

It's too early to brand these altcoins as fraud or scam because Bitcoin during its inception was tagged as scam as well. Of course, these are just calculated guesses or should I say opinions to which every crypto holder/user is entitled to. However, let us not jump on the bandwagon and that is what a smart investor should do. In times like these, this is a good opportunity to hoard some of these coins coz we never know when will bitcoin rise again. As for now, let's all be vigilant with our coins.  

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March 12, 2018, 05:53:54 AM
 #6

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.
majest3 (OP)
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March 12, 2018, 05:57:55 AM
 #7

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.
Here is the link to an interview he did yesterday where he clearly states they are all scams or 99.5% of them
https://www.youtube.com/watch?v=gsaSVf5YxfI

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March 12, 2018, 06:01:05 AM
 #8

I think the opposite! Some ALTS are much steeper than Bitcoin!
For example Ripple! Or ETH! Or SIAcoin!
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March 12, 2018, 06:05:27 AM
 #9

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!
Most likely it is true, but no one can forbid you to trade and earn money with this shit altcoins. 99% altcoins will disappear in 1-2 years. But now is a very good time to enjoy the moment while it's still possible.
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March 12, 2018, 06:08:45 AM
 #10

I like to make my own decisions about how I choose to invest and I am very happy to date with the performance of my altcoin choices. I think 80% of the people on the internet calling themselves crypto experts are a complete waste of space and mostly there to shill the coin of the month. Seeing as many altcoins now are being backed by real world products and companies I think they are the polar opposite of a scam. Always DYOR.

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March 12, 2018, 06:09:09 AM
 #11

yes. you are very right and we are very glad if you sell all the crypto assets you have. you need to remember that crypto is only for people who are patient.
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March 12, 2018, 06:12:45 AM
 #12

I am buying altcoins i like this.
Reatim
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March 12, 2018, 06:15:47 AM
 #13

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!

He even says that 90% of blockchain companies are meaningless. lol.

https://news.bitcoin.com/tone-vays-90-bitcoin-cos-meaningless/

I'm not following this guy so I don't don't where he's coming from. All I know is that he is a Wall Street guys, and maybe he is bullish about bitcoin that's why he said that. But hey, altcoins still enjoying the support of many investors and this community and ETH and DASH are among the top 10 coins. I would advise to used your due diligence and do not take everyone's opinion seriously.









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March 12, 2018, 06:19:49 AM
 #14

All altcoins can't be a scam. It's too much of an over-reaching statement to say that they're all a scam. That's like saying that all fast food joints have E.Coli or something.

Some altcoins are headed by respectful people, while others are even headed by governments.

Anything can be a scam, yes... but not all altcoins are scams.

Eth is definitely not a scam because of its integration into so many things.
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March 12, 2018, 06:21:36 AM
 #15

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!
Most likely it is true, but no one can forbid you to trade and earn money with this shit altcoins. 99% altcoins will disappear in 1-2 years. But now is a very good time to enjoy the moment while it's still possible.
No, i don't believe that all Altcoins are scam, maybe there are some coins that are not successful but needless to say its a scam. As a bounty hunter i had never experienced on a scam altcoins, there are few that it takes a long time to pay the reward but still they pay.

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March 12, 2018, 06:23:40 AM
 #16

If that's what you want to believe in then so be it no one are coercing you to hold altcoins and stay in crypto world if you dont want to.

Yes there are shitcoins that is not worth hodling but if you do an extensive research you will find few that is good for long term, I think that's what you should be looking now instead of saying altcoins are scam just because of hearsay.

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March 12, 2018, 06:26:01 AM
 #17

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!
While we can observe the opposite. Big problems in bitcoin and he has already lost a significant part of his popularity, and altcoyins are growing in quantity, and in price, and most importantly, in functionality, which means that bitcoin is already compared to an obsolete dinosaur.

 I can say unequivocally that the prospect of developing crypto-currencies in altcoyins, now bitcoin has actually turned into a brake on the development of the rest of the crypto currency, and what will happen to it further is not yet known.

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March 12, 2018, 06:26:36 AM
 #18

 
Not all altcoins are scams, there are alt coin projects with growth potential that will give you good returns if you invest in and others that will not last long in the market, all you have to do is do your research well and make good decisions on where to invest. but not all are scams, ETH is definitely not a scam.

 
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March 12, 2018, 06:41:50 AM
 #19

the problem with most people is that they always go over board with their opinions about cryptocurrencies in general. the person OP is quoting is the same. they either say things are scam or they praise them as perfect things!

of course a lot of the altcoins are obvious scams but not all of them. also not being scam doesn't make them good. for example i don't think we can exactly call ETH a scam but it is a shitcoin nonetheless which is pumped and hyped, and the millions of dollars that is injected into it by the centralization behind it is keeping it alive. otherwise a coin that is not even immutable and simply does a roll back by flipping a switch should not even be around anymore!

the opposite of him are the hardcore bag holders who have bought some of these altcoins, which they may never even cash out of the exchanges or make a transaction to even see their wallet interface, but they are supporting the shit out of that coin only because they have the dream to become rich by bag holding that altcoin!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 12, 2018, 06:45:44 AM
 #20

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!
Bitcoin can never live without alts, and at the moment it is obvious that bitcoin is not at all the same as before, and alts on the contrary grow and gain popularity. Therefore, I consider this message as simple spam.
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