All Alt Coins are a scam.

[ducphucmmo]

If that's what he thinks then good for him, he can just stay with bitcoin.  All alts are not scams, there are some good ones out there with a real future, litecoin is an alt and that isn't doing too badly as an example. I agree on that, but there are a good number of coins which are real projects and that have potential, anonymity coins will have a market no matter what happens since some people will want to have perfect anonymity when sending their coins

[htconem7]

 I don't think all alt coins are a scam, cause you see not all coins are just coins, some of it holds a big feature, some of it are used as a tool for like a pos, cause you see some coins are built with a reason and it can disrupt or change the market value. Maybe you are referring to the altcoin that has a feature of staking. Sometime massive investment injected in the market which pump and dump the market and it badly effect the low market cap coins.So it is cleared that there no all coins scam if you invest or trade first read the history

[bealjulian]

I think that someone just want to sell our coin in low price so that they can gain profit from it. The market is down right now and not the right time to sell the coins. I know that most of the altcoins are scams  but some are good project. I know that a few coins have formed and gone missing in the market without any adjustment for the trend. Some of them have been replaced by competitors' coin in the same space

[selezneve]

All are not scam, we have coins like monero with unique feature of anonymity. Thus, as people start to understand the importance of online privacy, Monero is expected to become more popular.

Another primary benefit of Monero is that mining it is also very easy. There is no need of special hardware for mining Monero. For instance, Application Integrated Specific Circuits are not required for mining Monero. It does not even require mining pools.

[waywethe]

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.

Surely the patience will be the ones who know how to make money in this market. I think he post can make some Altcoin sellers and he will buy Altcoin for cheap. I think so

[nfransisca]

i'm not agree with you. many altcoin that promissing in the future. when bitcoin famous, some people just take advantage of this situation and make scam ico. so, many people think that altcoin are scam.

[biticotalk]

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 believe that the altcoins will show good growth after bitcoin, they are in demand on the stock exchange, now you should not sell, even though wait until the market comes out of the drawdown.

[ICOBountyPrograms]

oh yyyeaaaaaaah riiiiight! haha

[Opnsrc]

I suppose, the guy simply had a very bad experience in trading. Probably, he lost much money when he invested in altcoins that lost a lot in their value. That is why he calls cryptocurrency a scam.

[Bit-Tech]

which altcoins you hold ,I dont think so that all altcoin is scam. Pretty obvious that eth ,eos and neo. They great potential in the future.

[Youngflydude256]

What evidence does he have to backup those words. The projects he stated are highly successful ones which has contributed their own quota in revolutionalizing the blockchain industry and the crypto communities have benefitted immensly from them at large.
Some altcoins are scam for sure but not those stated above.

[Fasdartin]

What evidence does he have to backup those words. The projects he stated are highly successful ones which has contributed their own quota in revolutionalizing the blockchain industry and the crypto communities have benefitted immensly from them at large.
Some altcoins are scam for sure but not those stated above.

Thats not true, not all altcoin are scam because there's a lot altcoin are successful and have potential like Ethereum, so im not believe that news because if you see the market all coin are green and the value of some altcoin are rising. Also altcoin is affordable and profitable so that many people like it, and also they trust and believe to it.

[sushimon]

Indeed there is a small sect that say that are all alt-coins are scams, but those guys usually are no clue what alt coins really are and think they are just Bitcoin rip-off currencies, when in reality a large majority of them do have some unique features. And of course, there are the tokens, which should not be compared to coins, as those usually are specific for a platform and do have a reason to exist.

Platforms like ETH and NEO allowed to foster an ecosystem completely impossible to imagine on something like Bitcoin.
Of course, we can also say that there lots of scams in the market, and that's true, thats why doing proper investigation not only about usage of a coin but also the team, roadmap etc is extremely important

[Glorious04]

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!

Everyone has their own opinion but with out having solid evidence or basis is just assumption. He coulld say that but i think ethereum is far more stable than any other alts. Aside from it is widely used and been proven to be reliable too.

[darkanonim]

I think that not all alternative coins are fraud. Many projects have a real product. I believe that some projects will improve people's lives.

[avatar54321]

I don't think so. Some are scams and some are legit. So don't consider all altcoins are scams. Also, what is your proof that all alternative coins are scams ? Can you give some proof for this ?

[kb24mvp]

Given the current state of things, many will say that all altcoins are crooks. But it is not necessary to dwell on this, because such statements occur during all crises.

[GERMO COIN]

I think you are wrong, because I think only a few altcoin are scam, because not all altcoin I think a scam.

[TmottaDing]

Given the current state of things, many will say that all altcoins are crooks. But it is not necessary to dwell on this, because such statements occur during all crises.

Wow, what did you tried to write in here? I can not understand a single word of what you posted in here. Altcoins crooks? It makes no sense. And regarding to the OP; there is no way that all the altcoins that are on the market are scam.

[hikaru_11]

For me, altcoin plays a pivotal role in the crypto market. In fact, market capitalization is focused on bitcoin. But the new altcoin is the coin to meet the user needs most practical. Because the majority, built and refer to user needs. Altcoin helps traders in the market to easily find and invest or trade. The richness of the coin fulfills many user purposes as the development of the crypto community.