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Author Topic: All Alt Coins are a scam.  (Read 6197 times)
letningmequin
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March 15, 2018, 08:09:28 AM
 #241

I do not agree with this view, besides bitcoin also ethereum.
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JonCryptoHack
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March 15, 2018, 08:16:45 AM
 #242

At the moment, Ethereum is rightfully ranked second after bitcoin. Due to its stability and transaction speed, Ethereum is often used as an "intermediary currency". Perhaps, the advanced crypto community gives the greatest preference to this coin, not bitcoin.
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March 15, 2018, 08:20:20 AM
 #243

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 that's 99.5% bullshit maybe he can't keep up with alts and keep losing money. If ETH is scam then why Am I able to withdraw my money  Grin

Buy me a drink ETH: 0xED47aFa721e4228Bf19434aDDB1B79E740822540
EthanKai
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March 15, 2018, 08:20:31 AM
 #244

There are some altcoins which is legit. The only difference of bitcoin to other coins out there is because btc has the biggest value among altcoins and the rest is just starting to rise up. I believe that the cryptocurrency will not work if the other coins will be lost in the market. That is what trading is all about though.

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Abigail Black
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March 15, 2018, 08:23:28 AM
 #245

Developers want to make Litecoin the currency of the future, with which you can pay anything: from a cup of coffee to flight. Like the less efficient bitcoin, Litecoin's crypto currency works on the basis of blockchain. This almost completely eliminates the possibility of fraudulent transactions and transaction failures.
gwaposakon
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March 15, 2018, 08:24:23 AM
 #246

nope , not altcoins are scam , maybe there are a lot of altcoin that is scam but not all altcoins are not scam, most of altcoin are not scam.
Delgadobitpay
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March 15, 2018, 08:27:10 AM
 #247

While the Ripple currency was created as an alternative to bank transfers with improved money transfer capabilities to other people, Litecoin is positioned as a faster and more modern version of bitcoin.
aghdgv
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March 15, 2018, 08:30:10 AM
 #248

Do not listen to this person's words. You must learn to think for yourself. If you really sell the replacement coins in your hands, it will be a loss. You will regret it.
jademacoy
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March 15, 2018, 08:30:24 AM
 #249

I think you are wrong thinking about altcoins as a scam. In fact there are many ICO project nowadays that became successful in implementing int their project. This is because the community is supporting with the project and the community is the strong foundation of the project. Just having a good concept of project the more it will be successful in the near future. The community is an indicator to project success since the community will be the benefactor on the project. And I am eyeing on one ICO project that gets my interest which is worth investing for and that is the BITSCHOOL ICO project. The concept of this project is to promote quality education incorporating with the latest trends of technology. Indeed this project is one of a kind which supported by the community. If  you wish to learn more about the BITSCHOOL ICO visit the website with the link provided below:

Home - BitSchool AI
https://www.bitschool.io/
Valerianbit
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March 15, 2018, 08:36:03 AM
 #250

The scale of IOTA functioning is so great that it is not so easy to cover.
The IOTA system is aimed at maximizing the opportunities for trade in services. Crypto currency is designed to simplify transactions between companies. IOTA is not a scam.
topkhai
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March 15, 2018, 08:56:43 AM
 #251

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 also say "all altcoins are a scam"
this is a stupid opinion
yeah, some altcoin there is a scam but not all altcoins
many people are successful because investing in altcoin, they are smart people in seeing opportunities
I suggest you to learn more about altcoin, don't just follow the path of deliberate ignorance made for a destruction
dragon695
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March 15, 2018, 08:58:25 AM
 #252

ok, you should sell your altcoins and others will buy with low price. I do not know what you have read but i think you will make a big misstake if selling your coins now.

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Zyborg
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March 15, 2018, 09:12:11 AM
 #253

No all Altcoins are not scam like ETH,NEO,LTC,BCH,XRP,XLM,IOTA,DASH these are supported by some well defined project for long term and their developers are trying their best to keep these altcoins up to date and sustain for a long term.Many other altcoins which are hyped only and dont have something to deliver will die automatically.
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March 15, 2018, 08:07:26 PM
 #254

Now it is very difficult to talk about it. Perhaps this is true, but many ALTs have made an invaluable contribution to the development and popularization of crypto-systems. That's more money.

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March 15, 2018, 08:11:56 PM
 #255

You have to know my friend that the alternative coins are the future the market is very competitive than ever before but you partially right because there scam alts we should be selective
jhache
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March 15, 2018, 08:32:02 PM
 #256


Claiming that all alts are a scam is not a very accurate schiool of thought, But Tone has a right of opinion and can say whatever he wants, his thoughts however shouldnt cause any form of alarm. incase one feels the need to sell, they should based on their own decisions

dogtana
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March 15, 2018, 08:38:35 PM
 #257

Just as much scam as btc. At least they are all faster and less expencive scam as btc LOL.
Cryptomagnus
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March 15, 2018, 09:13:05 PM
 #258

Well, some AltCoins are surely scams, other aren't scam but are so poor projected that they will die very soon.
But to say that ALL are scams, it seems to me an exaggerated generalization.
Btw, only the future will give us the right answer.

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Kevin77
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March 16, 2018, 08:10:45 AM
 #259

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
I am not actually going to be disputing the fact that a lot of the altcoins are rubbish and they serve no purpose, but the ones he has mentioned was where he actually spoiled everything. Clearly most of the altcoins have nothing to offer and they are just there occupying the whole space doing nothing except for being pumped and dumped which clearly only enriches the whales and the devs holding a larger portion of the coin.

Bitcoin is no doubt the legacy coin, but the alts with good intentions and solution providing ones will turn out fine at the end. It is a big market, so there is room for everyone.
google98
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March 16, 2018, 08:26:13 AM
 #260

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 not think that's the true, there are a lot of coins that are of no value, but there are those that I think have the chance to even surpass the Bitcoin.  Huh

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