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Author Topic: All Alt Coins are a scam.  (Read 6388 times)
Mingazee
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March 17, 2018, 11:16:30 AM
 #301

This is rubbish. Just a stupid try to ruin the market and influence on market cap of crypto
globalking
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March 17, 2018, 11:18:31 AM
 #302

no, not all Alt coins are the scam but the majority of them are the scams we need to have a close look on these Altcoins and invest in it.

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geverciss
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March 17, 2018, 11:29:57 AM
 #303

Cryptoworld is so young so it is hardly can be told right now whether all alt coins are scam or not. Personally, I take any project announced as a betting or gambling network with a grain of salt.
Actually, at any point of ICO a team may decide to abort it and run away with the money so it is really only up to them.
shinhurr
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March 17, 2018, 11:32:02 AM
 #304

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!

Many coins are scams yes, yet new coins, new algorithms and new ideas are making sure cryptocurrency does not stagnate. If that was not happening... blockchain would not survive.
The bitcoin algorithm was a breakthrough but has flaws. And more flaws will be found. Will bitcoin survive for the next 100 years? I'm 99.99% certain that the answer is no.. Computers and algorithms will get better. Currently from a technical perspective we are already looking at bitcoin as a 'naive' implementation. And it is very likely that quantum computers will disrupt cryptographic secrurity which might render most current blockchains worthless.
Besides of that, if people are making such statements, then you should realise that you can say the same about Bitcoin. Just because people believe in it, does not make sure that it is not a scam. The people who are in positions to be able to manipulate bitcoin price are often abusing this power to make more money, does this make bitcoin a scam? If bitcoin would come out by todays standards everyone would scream 'scaaaammm'. I believe people who are claiming this are just invested in bitcoin and trying to protect the price.

That being said, every coin you invest in is a potential scam. It is the nature of people from the moment money in involved..
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March 17, 2018, 11:33:01 AM
 #305

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 wouldn't begin to claim that the majority of altcoins is a deception. Behind many coins there are certain ideas and technologies and behind all coins - miners.

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shinhurr
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March 17, 2018, 11:36:14 AM
 #306

Cryptoworld is so young so it is hardly can be told right now whether all alt coins are scam or not. Personally, I take any project announced as a betting or gambling network with a grain of salt.
Actually, at any point of ICO a team may decide to abort it and run away with the money so it is really only up to them.

I do wonder why mention betting or gambling? Why do you think the notion of betting or gambling make it more likely for it to be a scam?
I'm asking since we released dueltoken (https://icoholder.com/en/dueltoken-io-20170) and would like to hear your thoughts on that. Although we are not aiming for a 'casino' kind of betting. We actually believe (and noticed from experience) that betting a small amount in any game between friends makes a game much more fun (ever played poker with no stake?).
Bitkoyns
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March 17, 2018, 11:36:20 AM
 #307

This is rubbish. Just a stupid try to ruin the market and influence on market cap of crypto

many were trying to discourage young people in cryptoworld , some says that bitcoin is now dead , those people maybe a victim of so many scams here that is why they act like that not all coins are scams although some coins has lesser value than others so they think that it is a scam.
HadadC
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March 17, 2018, 11:39:25 AM
 #308

Its a big claim. All ? I dont believe all alt coins are scam , Its nonsense. I agree that big part of alt coins being dissappear.

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March 17, 2018, 11:39:53 AM
 #309

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 can sell yourself even into slavery if you want. I will hold my alts, waiting for the price correction.
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March 17, 2018, 12:02:02 PM
 #310

There are altcoins that can compete with even bitcoin. For example, bitcoin cache is a completely independent coin that shows good stability for a long time.
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March 17, 2018, 12:27:09 PM
 #311

I'm interested in that bitcoin will can offer to humanity in the future? Maybe bitcoin will offer long and expensive transactions?
orkoso
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March 17, 2018, 12:35:27 PM
 #312

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 have a strong opinion and I think you should stick to bitcoin. That actually leaves more room for poor peope like me that are going to invest in the best alts because we are too afraid of bitcoin.
baricuri
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March 17, 2018, 12:36:50 PM
 #313

Its a big claim. All ? I dont believe all alt coins are scam , Its nonsense. I agree that big part of alt coins being dissappear.
In my opinion, altcoin is not a scam, they disappear from the market because altcoin leaders have no capacity to promote that coin. Their products did not attract consumers and their products were removed in the market, dragging their co-altcoin out on the exchange.

wanderloy
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March 17, 2018, 12:41:18 PM
 #314

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!

How could you say that?
Altcoins aren't just a crypto the same with Bitcoin that has no project. Altcoins aren't just simply earned and let it pump in other weeks.
That's another FUD and fake articles that causes confusions to people.
And I guess that you aren't educated enough regarding with your altcoins.

wanderloy
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March 17, 2018, 12:44:16 PM
 #315

Its a big claim. All ? I dont believe all alt coins are scam , Its nonsense. I agree that big part of alt coins being dissappear.
In my opinion, altcoin is not a scam, they disappear from the market because altcoin leaders have no capacity to promote that coin. Their products did not attract consumers and their products were removed in the market, dragging their co-altcoin out on the exchange.

That's why we need to spend time to research what's that Altcoin and project is all about because not all teams have the same capacity to lead and promote their Altcoin.
That's why I still hold me altcoins because I have faith that they will pump back someday and Wil offer me a lot of opportunities.

East2011
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March 17, 2018, 12:47:55 PM
 #316

If all altcoins are scam. People will not invest in it. And if this happen all altcoins will die. There are so many good altcoins that are in the market and it was use by many people. So altcoins are not scam.

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March 17, 2018, 01:06:00 PM
 #317

There are altcoin that are scam and there is not. So don't say that all altcoins are scam. Because there are altcoins that can beat bitcoin in the near future.

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March 17, 2018, 01:07:42 PM
 #318

they say like that, because they are new to altcoin.jik they know altcoin pda year 2013, price 10x below current price. I know the first ethereum in 2015 for $ 20 and see now. the price is 6x from the price of 2015 and once reached 1600 $. so why are they saying this scam ..? I say once again because they are new to altcoin
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March 17, 2018, 01:10:29 PM
 #319

This is a stupid topic to be honest and I don't see why the mods would allow this.

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March 17, 2018, 01:16:31 PM
 #320

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 no this is not true. if you start reading information about different project you will find that some of them are really worth to be alive.
But for that you should first study thinking.
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