All Alt Coins are a scam.

[tungmeoden]

I think the majority of altcoin is scam, but not all. For the potential coin, and the project is highly feasible, why do you have to sell coin when it can be profitable for you?

[Thadeous]

1) The coin itself can be called a scam only if it doesn't have any Blockchain solution under it and all transactions appear to be faked by coin developers. The percent of such coins is fairly small.
2) Coins that are based on working Blockchain solutions, include Blockchain Explorers and valid smart contracts - are definitely not scams.
The only persons who can scam such projects are coin developers, who own major amount of coin, and big and greedy investors.

[dante golo]

Do not be easily influenced by the news that do not know the truth because when a hasty merchant to decide a decision will undoubtedly make a disappointment in the future.Therefore we must remain patient and seek real news about altcoin later.

[cryptowolfsu]

I have listened the interview and understand his point of view as a strong BTC supporter and maximal.
I  still think Alts. representing huge value as there are lots of them with unique value. And it is not about
making profit on alts. rather than their value they bring to our lives.
Only the future and market will tell who was right.
 

[mimota168]

Paragon coin and Telcoin. One is for cannabis industry and the other is for Telecommunications. Both are cheap and will grow like mushrooms EY 2018.

[moonriver]

You goes too far to say that All Alt Coins are a scam.
I admit that most of the coins in the market will end as a failure in a year.
I also believe there are some good altcoins that will be successful.

[panriley233]

All the altcoins cannot be scam and ethereum is the true example. There are many altcoin out there with good future and people are making their earnings with them everyday. So not all altcoins are scam  but there's some scams among them.

[yahata149]

it's interesting to read such topics, everything is constantly repeating, only the market begins to fall, hamsters immediately appear and start screaming for the whole forum, SCAM scam scam, everything came to an end, the bubble burst and so on.

[vuithoinha]

Many rich people from Altcoin, they really do not care Altcoin has real value or not. They really do not care about the application but only care about whether they ever get money by buying that altcoind. I personally think Altcoin and Bitcoin are in the interests of one another, no one is shitcoin 

[bibitao20]

Most probably the OP had a very bad experience in trading or having altcoins amd to think that he is not familiar with the situations indeed. Just to make some thoughts and hope it will help not only the OP but the other who had a bad experience.

[Kurukungkwang]

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!

Bitcoin can never live without alts, and at the moment it is obvious that bitcoin is not at all the same as before, and alts on the contrary grow and gain popularity. Therefore, I consider this message as simple spam.

I don't know this kind of situation is scam. As what I know that alts is a kind of coin that we can have profit when we have a campaign I don't think that scam.

[DMarkov90]

We cannot but agree that most coins have been created just to enrich the pockets of the developers and we can count just very few coins that actually have a solid product right now, providing solutions and can easily stand on their own on the long run.

[harrypotter1229]

Not all alternative coins are deception, but most of them are. Many projects failed due to lack of financial support, team split and so on. The encryption market is an immature market, which is normal. Only a small number of projects can survive.

[jankekek]

Not all altcoins are scam, but most of them are scam but they acting like they are not one. It is matter of choosing a good altcoin/s to invest, not when you get scammed you will say that all altcoins are scam. There are still altcoins that has the potential to reach the top and overcome bitcoin in the future of cryptocurrencies. So be aware of it.

[akminer]

I think I benefited from altcoin. However, everyone has the right to express their opinions, so I do not want to blame you. and one more thing, I think you'll lose if you sell your altcoin right now, because the value of each altcoin drops dramatically

[Kemileye]

Everyone is entitled to his or her opinion. I felt that's his own opinion about ETH, DASH and other ones you mentioned but you can't just decide to sell off those coins because he labelled them as scam.

[air_droper]

of course not all coins are scammers. but everyone should have their own opinion about this. if you think that the scammers, then do not invest. just trade these coins in the market. buy then sold, made a profit. if you think that this is a fraud, I advise you to leave the world of cryptocurrencies and live in peace.

[anna.cayne]

This may be true, but not now. Perhaps in many years it will turn out to be true. But judging by this logic: everything is fraud

[KaramazovBro]

only coin that will survive is Bitcoin.

I do not agree with this. Yes, there are a lot of coins that look very doubtful. But there are such tokens as etherium, ripple, and litecoin, which are used not only for speculation. Such coins have good prospects.

[RXKING]

We should sell aour alts now? Never, to me I don't agree with the statement. We probably found some scam Altcoins, but it is not all. We can still find many trusted Altcoins that you can invest. To know if the Altcoins are scams or not can be seen from the platform, ICO, and the project. 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. Bitcoin has the highest probability of surviving any major event to to its community adoption.  I have to say, Ethereum is looking more so like its getting close to that point-hence a lot of the existing coins would't even exist without ETH.