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Author Topic: All Alt Coins are a scam.  (Read 6197 times)
Mark Promo
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March 16, 2018, 08:45:53 AM
 #261

The etherium will definitely turn into a scam, because even its creator has gone to another project. Most altcoins are also garbage. But there are coins that can compete with bitcoin, for example, ripple or bitcoin cache.
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nl247
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March 16, 2018, 11:09:18 AM
 #262

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

Well, by saying 99,5% of them, he may not be far from the truth. We cannot but agree that most coins have been created just to enrich the pockets of the developers and we can count just very few coins that actually have a solid product right now, providing solutions and can easily stand on their own on the long run.

Most of the coins are just replica and they will end up useless in the long run as there will be no use for them with respect to the fact that they are just copy cats and there is no solution they provide that is not being provided already but I disagree with some of the coins he has mentioned though.
kingcrypto-the2nd
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March 16, 2018, 12:10:26 PM
 #263

in jayz voice we don't believe you u need more people(that line from takeover song diss on nas),well i dont agree 100%-1% with this lots of people have made money from alt coin,maybe it might be the ones they have come across.there some coins i believe in especially otppay and there are currently on I.c.O.
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March 16, 2018, 12:13:12 PM
 #264

Some of them yes but generalizing things from a few alt coins are just fallacy.

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semarmesem195
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March 16, 2018, 12:19:51 PM
 #265

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!

Are you kidding? If true it is scam, then why the development of altcoins beyond what happened to bitcoin. For example in terms of time, altcoin does not take much time to develop (favorite coins). The reason why Altcoin is created is in my opinion to stabilize bitcoin so that the available volume does not run out quickly.

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March 16, 2018, 12:23:29 PM
 #266

Many ICO's are actually trying to solve some real world problems. However they are overfunded to the extreme.
Projects that really only require 1mln, gets 100mln.... At which point they can nothing but fail to deliver on that promise.
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March 16, 2018, 12:29:10 PM
 #267

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!

His postulation is very large and  could not be supported  by any solid evidence. There are a lot of altcoins that are doing well in the market and has given the investors reasonable profits.If bitcoin survives, good altcoins will also survive because bitcoin is a precursor to altcoins.
Reena28
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March 16, 2018, 12:34:28 PM
 #268

We can view that theres about 80% of icos are scams, some other altcoins are not scams but do not have a future and are going to disappear after a few years, then there are few projects that are worth investing to, you can try to find them and make money with them coz these are the type of projects that everyone is looking for..you can add Fishcoin project to your list..youll not regret it..
boss1dg
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March 16, 2018, 12:35:43 PM
 #269

not all alts are scam , yes there are many coins which really dont have any project or vision .
but if you say ether is also scam .. then wrong .

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March 16, 2018, 12:54:04 PM
 #270

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 agree with what you say. ETH is the coins that have survived. Many ICO are contracting with ETH especially IRC20. So, your opinion does not provide a reference.

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March 16, 2018, 12:56:19 PM
 #271

We are entitled to decide on our own. It does not mean that one fail, everyone will. Not all altcoins are good, that is why they are known as shitcoins. One voice will not justify truth to all. What is justified is, many became rich because of altcoins, and that it a solid evidence. The crypto population would not have been this large if all are scams, and traders would have been gone long before.

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March 16, 2018, 01:07:18 PM
 #272

I think not all Alt Coins are scam, there are just scam but mostly are legit because some of Altcoins are useful just like  Dogecoin, I'm using Dogecoin for transferring my money because of low fee. We can make profit in Altcoins if you have strategy how to earn.
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March 16, 2018, 01:10:23 PM
 #273

In my view this incident can not be separated from bad news about the world of cryptocurrency so the various altcoin in conditions that are less satisfactory for someone to use in investing.Therefore it takes a long time to eliminate the negative news if someone wants to continue to achieve success.

jundel
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March 16, 2018, 01:14:54 PM
 #274

as long as I receive from any altcoin i wont believe it because there's such thing that there lots getting rich from it. there were scams truly but not that 99%. it might be going scams if it there's nobody invest in it anymore. 

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March 16, 2018, 01:16:57 PM
 #275

nope , not all altcoin are not scam, maybe there are some altcoin that is scam, but mostly are not. there are some altcoins that look like a scam, but not.
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March 16, 2018, 01:23:59 PM
 #276


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

Though the opinion does not make us going to jail but we must make really good opinion and not just blind opinion.
This opinion can make newbie panic then they might try to quit this world

kier010
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March 16, 2018, 01:44:53 PM
 #277

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 and sometimes you will thinks negatively. thinking all altcoins is a scam is one of the result of this.
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March 16, 2018, 01:51:40 PM
 #278

I don't think so, my mistrustful friends..
Just invest in projects, where you see not only potencial benefit, but also advantages for society.

And just keep in mind, where blockchain is to be used.
I don't think that it's good in farming.
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March 16, 2018, 01:54:07 PM
 #279

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 think that many people are now more interested in ALTS because so many people have benefited from these coins and to say that ALTS is not a scam, the market now has a lot of money. Are discounting not so much ALTS as big ones like Bitcoin or Ethereum are also falling.
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March 16, 2018, 02:02:50 PM
 #280

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 think that many people are now more interested in ALTS because so many people have benefited from these coins and to say that ALTS is not a scam, the market now has a lot of money. Are discounting not so much ALTS as big ones like Bitcoin or Ethereum are also falling.
Exactly you are right, not all ALTcoins are the scam there's profitable to invest like ethereum and those ethereum base coins, but you need to analyze it well before you invested. We can't deny the fact that bitcoin is the best coin ever but aside from bitcoin ALTcoins also having a potential to invest especially for those top 5 altcoins.

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