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Author Topic: All Alt Coins are a scam.  (Read 6388 times)
Medanie
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March 16, 2018, 02:17:38 PM
 #281

Not ft all. Each developer commonly presents their ready-product. It will influence the existence of their Altcoins. In this case, we can see many investors have invested in the Altcoins and they are being successful.
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globalcitizen
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March 16, 2018, 03:30:13 PM
 #282

He is hundred percent entitled to his own opinion. But he is not immuned from assuming wrongly. I make quick to say that his claim is a mere assumption and his assumption is likely to be misplaced. I don't believe his claim.
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March 16, 2018, 03:39:21 PM
 #283

He is hundred percent entitled to his own opinion. But he is not immuned from assuming wrongly. I make quick to say that his claim is a mere assumption and his assumption is likely to be misplaced. I don't believe his claim.
His claim is a click bait or should I say trolling/trying to trigger investors. But there is always some truth in such claims. I think he knows himself that there are at least few tens or close to 100 projects that will survive at least 5 years and calling them scam is not fair. But I think he's just trying to say that Bitcoin as a currency, is almost the only one that we need. Other cryptos don't offer nothing spectacular (except few exceptions like ethereum which offers smart contracts and few more). Also bitcoin is still developing and new features like Lightning Network fix it's weaknesses.
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March 16, 2018, 03:43:27 PM
 #284

Whatt??

I don't think so, why think like that.
Yeah is true if Altcoin never rise like Bitcoin, but All Altcoin is scam ??
No way, is impossible.
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March 16, 2018, 03:45:34 PM
 #285

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.


I also take Wall Street moguls with a grain of salt. It might be beneficial to spread FUD then buy low and sell when price is up. Rinse and repeat.
Sure there are scams and useless coins and few will survive when it all comes crashing down. But those who will, I believe, will change the world as did biggest tech companies of today.
Blockchain is not going anywhere anytime soon.
rallyko
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March 16, 2018, 09:34:04 PM
 #286

I'm interested in that bitcoin will can offer to humanity in the future? Maybe bitcoin will offer long and expensive transactions?
 Therefore, I believe that many altcoins are of value to humanity and therefore they will live.

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March 17, 2018, 06:30:49 AM
 #287

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!
lol. By the way who the F is Tone Vays? Okay! Google did not even bring out much about him but I can see he has made some predictions in the past. I disagree with him on this anyway.

I agree on the aspect that some coins or tokens will end up dead in the long run and there is no doubt about that, but saying all altcoins are scams, that is what bothers me. If there is no competition in the market, we may not expect much growth like this and alts also have a lot to play in that part, but that does not change the characteristics of bitcoin being a legacy coin.
manggis97
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March 17, 2018, 06:37:21 AM
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 #288

Totally no but only some altcoin that fraud like Lending coins and others than that is legit and many investor get rich cause make investment in altcoins, and in fact many altcoins given more profit than Bitcoin like NEO, ETH, NANO etc. And altcoins that use MLM to promote the coins is totally fraud because this is beyond of cryptocurrency system.

percopolis
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March 17, 2018, 08:43:25 AM
 #289

It's not. But there are so many projects that really have no value. The saddest thing is that they influence the evaluation of really real projects.
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March 17, 2018, 10:28:57 AM
 #290

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
Phishing or not I and you are not sure. But think about the profit that it brings to investors we know. The sale of coins at this time depends on your decision. Think carefully and decide for sure.
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March 17, 2018, 10:37:12 AM
 #291

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!
It can not be so if btc is in priority right then the other crypto coin is having a lot of influence and to get btc may be more difficult even longer
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March 17, 2018, 10:43:34 AM
 #292

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.
I've been cheated in the presence of alt scam and it's just a waste of time for other things, better to make sure it's right
Evangeline2
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March 17, 2018, 10:45:04 AM
 #293

Most of the cryptographic currencies are scams that defraud investors, such as eth and BTC, which are better cryptocurrencies.

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March 17, 2018, 10:47:19 AM
 #294

Let it be know that no one is coercing anyone to hold altcoins nor stay in the crypto world if you don't wish it.
I mean, if it's what you believe then so be it. I also would like to note there are many good fot nothing altcoins out there but they do not represent the whole altcoins and is not supported by most communities.
SO if I may suggest, that you do a lot of research before you get yourself in trouble if scams rather thatn spreading derogatory remarks regarding altcoins in general.
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March 17, 2018, 10:52:00 AM
 #295

No all alt coin are not scam many seems to be scam because developer don't have graphics designer and basic expertise to present coin in public so some coin looks scams.


In reality scam coins do a lot of promotion where there motive is just to earn money.

justicesquadron
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March 17, 2018, 11:06:11 AM
 #296

No all alt coin are not scam many seems to be scam because developer don't have graphics designer and basic expertise to present coin in public so some coin looks scams.


In reality scam coins do a lot of promotion where there motive is just to earn money.

Yes, the appearance of the project can affect its evaluation. Perspective but unattractive in appearance, unfairly does not attract enough investment, because no one reads whitepappers and roadmap, but only looks at website design
skaya7
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March 17, 2018, 11:07:13 AM
 #297


I do not think it is true that most coins are real, although not completely in the market. I think ethereum is as good as it can not be faked

CRYPTOV8 ◄◄◄◄ Bringing banking to blockchain►►►► (https://www.cryptov8.com/)
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March 17, 2018, 11:08:11 AM
 #298

this is really funny. Don't forget that Ethereum is an altcoin too. So this is totally flase idea and also very funny for me.
Try to research more and you will find there are really nice altcoins

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Maheshkumar_Hrangkhawl
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March 17, 2018, 11:13:02 AM
 #299

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!

May be 20% or 30%, but definitely not 99.5%. Most of the alts have active teams working on the development of the coin, and in many cases the technology is superior to that of Bitcoin. BTW, there is no guarantee that Bitcoin is going to survive forever.
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March 17, 2018, 11:14:40 AM
 #300

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!
Of course, he keeps all his savings in bitcoin, but there is such a fall and more people are leaving. It is necessary to somehow entice newcomers into bitcoin what is the future and soon there will be an ATH.

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