All Alt Coins are a scam.

[nguyentien152000]

I agree that MOST alt coins are scams, I don't believe that ALL of them are! there are altcoins that provide solutions to real world problems and have great teams and communities.

[1715175911]

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[cioloxl]

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!

Bit late to the party, but I wanna give me insight as to why this is false, at least imo. I don't believe in only one single global currency. If you think about it, that's the very definition of centralization. If we are to revolutionize the way the financial system works today, we simply can't put our eggs in one basket. A basket that might one day be rendered useless by another basket. A newer, friendlier and overall better basket. We can see great improvements for crypto being made by other projects, improvements that could possibly not have been made for bitcoin or not desired.

Why not explore these avenues? Why not work together against the status quo and compete against each other in our backyard to see if we can come up with even better solutions? That's my take on it. We can't go all in on btc, we gotta give others a chance as well, for the sake of the tech and what it could do to change the world.

[hessanseen]

You are right. Now there are more than 1000 coins in the encryption market. Most of them may be deception. But I don't agree with what you say right away. Many projects may have a long-term plan. You have to give a start-up a little time and maybe they can achieve their goals in the future.

[nurbay]

Not like that, although Altcoin has a lower coin predicate than Bitcoin that does not mean all altcoin is weak.
Proven Ethereum is a strong altcoin.
Ethereum becomes altcoin with high value and has good coin potential.
Ethereum also has a stable value in the Cryptocurrency market.
Do not give a piece of altcoin, there could be a great altcoin one day and could replace Bitcoin.
We never know what will happen.

[TropicalDog17]

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!

This is utter stupidity. I have not seen anything like this on the forum and I hope that I will not meet. Crypto community is now restored and all processes are normalizing too.

[batgrzl]

Some projects are of little value and have no effect on the development of block chains. But their impact on the encrypted world is positive.

[bupbebuon948]

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.

[shinjo]

It could be true that there are ICOs that are scams. But to consider all is something that could be just a FUD. This announcement is totally a careless announcement that could create an impact among altcoin users. But maybe the person had so much hate with altcoins due to bad experiences that is why he only believes in Bitcoin.

[elisabetheva]

You are right. Now there are more than 1000 coins in the encryption market. Most of them may be deception. But I don't agree with what you say right away. Many projects may have a long-term plan. You have to give a start-up a little time and maybe they can achieve their goals in the future.

it can not be denied by the many ease of making a project it will also present a lot of projects that are not good and produce products that are so and do not want to develop, as you say too, there are many good coin and want to develop themselves for the future but indeed less than the one that disappeared after walking for a while

[Man21]

Do not recommend everyone to sell the alts just because someone said so. We have evaluated from such actions, where someone hears that there is a huge butterfly flies in the water and everybody believe it. Opinion of others might affect yours, but only if the information was given in a very truthful and earnest way. My opinion is that altcoins will never die.

I dont have any opinion whether the altcoin will never die but i know that we never do anything only because a few opinion said that the altcoin will be scam.  I will not follow anyone except my feeling and trust. Now i trust to all altcoin will have good future ao i prefer to believe in it.

[semutracing]

We can't hide the fact that some of the alt coins today are scam, but most of them can give you such money that can make you rich. What you need is the patience since it may take a lot of time to earn.

The reason why Altcoin is made in my opinion to stabilize bitcoin so that the available volume does not run out quickly. If true it is a fraud, then why the development of altcoin passes what happens to bitcoin. For example in terms of time, altcoin does not take much time to develop a favorite coin

[hamdun]

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!

There are many altcoins at the moment, and there must be altcoin that fails, but that's no reason to claim all altcoin is a scam, because there are still many altcoins that can survive and benefit the holders.

[Zagor Tenay]

Altcoins considered as shitcoin if they don't have theirye working products already. Remember most of alt coins has its roadmaps like they're still planned. Haven't got any real products unlike the common stocks.

[Duy Alvis]

no it's not. Many coins are much more better than bitcoin, but somehow can't separate apart from it

[cizatext]

That is just an assumption or a statement born out of an aggrieved mouth because there are so many altcoin that has great potentials and are doing greatly in the market today e.g like ethereum is a good coin beyond just being just successful in the market ethereum stlll provide us with a much higher advance technology that house  all other coins. So saying that all altcoin are scam is a wrong statement.

[Wipeout2097]

I am not agree with you that all altcoins are scam,Scam coin dont survive for long time and investor recognize easily and avoid t invest in scam altcoin and due to course of time scam coins loose value and vanished from market.

[familiabitcoin]

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 it is true I hope there is physical evidence not just an opinion and a guess. Because maybe it's just an opinion that is opinion. It could be that all coins including BTC will disappear from the world. Because BTC was once also considered a scam. Provide information that is real

[Mythul]

I totally disagree with you. There are many good crypto projects that can bring huge profits to investors. For example  ETH .

[tera linh]

I completely disagree with the author of the topic, and now I'm not going to sell coins and I do not advise anyone. And if you do not believe in the crypt, just work better and do not fight your time here.

[startorr]

Altcoins aren't scam. Although there are scam but not all. Ethereum is clear proof on this issue. If ethereum is scam then why most of the campaign here using ethereum as the basis of measurements of payments. There are more coins that proven that altcoins aren't all scam.