All Alt Coins are a scam.

[paimen]

Not like that, do not ever assume all altcoin is a scam.
A lot of good altcoins is not a scam, and altcoin can be used for positive things like investment, trading, or even purchase transactions.
Altcoin is often used for goodness and if any is used for criminal things then the amount is not stout.

[LemonF3]

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 not all altcoins are scam. There are lots of them are good. We just choose which of them  for investments. We will just research and read more information about the coins.

[Kennedy]

Apparently some people really love to talk about the crypto currencies. I don’t know whats the point of saying that all alts are a scam. Obviously without eth the market wouldn’t be this much alive! Some people just need to learn to appreciate a good technology/project.

[yhnshjka]

99.5% is not all. I agree with you. Most of the COINS are fraudulent. They have no technical features. It just copied the code from BTC or ETH. They have no investment value.

[Eleanorjean11]

Many projects are built on the basis of Ethereum, Ethers are used not only as a unit of account. he also guarantees the performance of intellectual contracts, playing the role of such a "fuel" for the network. I think that Ethereum he definitely will not be lost.

[Kryten12]

You can't make broad sweeping statements like that without taking some time to research the material. You consider that NEO, DASH, OMG, and a whole host of new ERC-20 coins that are being utilised by already existing businesses are not legitimate?

[mmo4me.2016]

Some altcoin and tokens are growing very well! I do not think all is scam, but there are also many unsuccessful projects! Some projects are deceptive! Be careful when joining digital money projects!

[SabrinaBianka]

Don't accused earlier. Because you didn't know about their project. We can known if their project is scam, I think you mean is the price of their coins is always goes down and never going up. But that is not scam instead. They're people who sold their coin because they got their profit. Because they pre-sale participants or early investor. So after they doubled their money, I'm sure they sell their token and the price was crashed. Think about it more before to invest on alt coins/ICO.

[genset88]

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!

We don't need to do anything. He didn't give any reasonable reason. As I know, Tone Vays is a Bitcoin trader. It is easy to understand why he deliberately lowered the altcoin. You don't have to follow him. Can I consider this as a FUD?

[Zin-Zang]

Well this is what the Dim-Witted 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.

FTFY ,  

The other alts chances are equal to bitcoin in survival.

Some alts like ZEIT are the ultimate survivor.
Over 4 years old , and numerous challenges and ZEIT is still going.
No matter what the other coins do, it will survive and prosper as time moves forward.

Bitcoin will fail if it's price falls below it's production costs.
IE: No Profit, No one mines and the network seizes up forever.

ZEIT is energy efficient and it's network can remain strong no matter what the price per coin is.  

[Sniper150]

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!

Not all altcoins are a scam, there are also have super legit altcoins, why did you say that it is a scam if you are already holding your coins. Maybe the issue here is the price. Altcoin price is really hard to pump that's why maybe they are saying it is a scam. Ethereum is the best altcoin for me, it is a true altcoin and we couldn't say that it is a scam coin. Ethereum and bitcoin is legit.

[KXC247]

Though we can never deny the fact that there are some altcoins that ended up as scam, it is pretty much unfair to those altcoins who are actually doing their best to live up to what they promised their investors and some other people. The altcoins that i am hodling as at the moment are those that i see potentials in it

[Rob768]

I don't think so. many coins on the contrary try to break up the market and become necessary for users of this market

[DJCanh]

Strange logic
We can say, that all crypto is a scam
But I'm not sure, that scam can live so long time

[Midsign]

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 because these are the type of projects that everyone is looking for.

[jets567]

i don't really get where he is coming?, i mean why say altcoins are scam while most of them has really materializing platforms and projects. I mean if he is saying that bitcoin is the only legit coins, does he even think where's the competition and the volatility of market will be coming from if these altcoins don't exist anymore?. I mean maybe there are lots of scams out there but it doesn't have to arrive that all of them are scams. come on dude grow up.

[reyblack]

There are many reliable altcoins like ethereum, neo, litecoin, dash and iota they are strong and supported by many people who believes at cryptocurrency. Some alts are been called as a scam because they can't support and sustain the competitions at the market. It takes a lot of works, preparations, genius team, advance technology and most of all enough resources inorder to make a successful a new potential alts at the market. Top 30 of cryptocurrency are proven that they are not a scam projects, they still exist because they are supported by majorities.

[webdevmastery]

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!

Not all altcoins is a scam because there are a lot of people today who are investing on ethereum in order to earn more profit in the future and because of that, we can say that eth coins is really good for long term investment.

[gr33k]

of course not. Ethereum was once just a project, and now it is almost the king of cryptocurrencies. all coins have a chance

[erichall]

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.

Unfortunately the bad coins - and there are many - can steal the spotlight from legitimate projects created by legitimate companies within this space.