All Alt Coins are a scam.

[harastvo]

Not all altcoins are not scam you just met some altcoins that are not working for a good caused and they just working for their own. But still many altcoins there are not scam better to research and know the manager that yoy wanted to participated to make your investments not scammed.
I think the opposite! Some ALTS are much steeper than Bitcoin!
For example Waves! ETH!

[jf1981]

I still believe in altcoins because I gained some profit already. Although I was scammed with some alt also, but still, not all altcoins can be considered as scam.

[Chikeokafor888]

There are several analysts in this field and all of them build their opinion based on their OWN experience and background. But you can't make them responsible for your decisions. In my opinion, not all altcoins are scams in my own opinion. You need to choose any one your are investing carefully so as not to fall into scams as most of them are scams afterall

[Jericka D Ranillo]

Dont lool at altcoins negatively, there is an altcoins which has a great team and development for the project. Dont generalize if you find out one scam altcoin. Honestly i love altcoin and i do prefer holding this and not bitcoin. Can i earn more in buying an alts unlike buying btc. I guess your wrong in saying btc is the only currency can survive. There is a lot of great platform and already success in the world of crypto.

[Ivandvanko]

maybe he is right ... but most of the printed money is nothing confirmed and does not depend on anything, but we get something for them every day.  as well as with most other altcoys, they just have some value for us and as long as there is demand they will be needed.

[Winnerschapel]

I do not think so. I think that the coins from the top 25 all have good prospects. They are focused on the real future and seek to simplify it. We must learn to see such projects and invest in them. Not all altcoins are scam and you must understand how to spot scams from the real coins

[BivanF]

don't think that it is fair to say that all altcoins are scam , ofcourse bitcoin will remain the father of all coins but all altcoins will be used to develop more new things what also can be used by bitcoin

[flowerofsun12]

Not really but a lot of these altcoins that keep popping up are scams and if you are one who is interested in always investing in new projects then you should be extra careful with these altcoins. If you are not careful you might end up losing a lot of money to scammers who are just trying to make a quick buck and disguising it as a coin. Stay safe out there

[flowerofsun12]

I have often heard people say or write that altcoins are scams. For me this is a new world of which many still have not understood the enormous potential, or in the case of these alleged experts who speak of scams, do not even want to understand it

[cmhdfs]

I dont even use BTC for anything.  I use FGC to play on draftdaily.com, I use DENT to buy more mobile data whenever I need, heck I even use Eth to pepe farm, only thing BTC is good for is to trade to get those others I mentioned, which wont be the case forever.

[metribitcoin]

I think all altcoin that has own blockchain is legit and give some benefits to the community, the coin that can be turn in to fraud coin is coin that does not own blockchain and they sell the coin by use network marketing like onecoin and edinar coin. Altcoin offer new technology to the community like smart contract, IoT and AI.

[btctestcolets]

Altcoins that has done through developing in a blockchain and succeeded in the market capitalization are legible because they have a right volume of caps and open in a public for investments through there whitepaper not unless they don't pass on a common standards which are scam coin.

[minhchi2948]

Wrong opinion, because today in this sector according to the minimum data of $ 200,000,000, what do you think will happen when the market starts to grow and this capitalization starts to develop very actively, I think that in this case it will be necessary to expect a serious regulation of the crypto market.

[Viendong6158]

In my view this incident can not be separated from bad news about the world of cryptocurrency so the various altcoin in conditions that are less satisfactory for someone to use in investing.Therefore it takes a long time to eliminate the negative news if someone wants to continue to achieve success.

[labil88]

instead research and make your own decisions on whether its time to sell. if at all are all shit then who's gonna buy even if we sell. just chose your coins wisely, some of them has potential. Everyone is entitled to their opinion and i don't think anyone's opinion should trigger important decisions as selling out  coins you invested in.

[8Habits]

In my view this incident can not be separated from bad news about the world of cryptocurrency so the various altcoin in conditions that are less satisfactory for someone to use in investing.Therefore it takes a long time to eliminate the negative news if someone wants to continue to achieve success.

we cannot deny that - I for one was able to encounter that with my friend. I told him about bitcoin and he talks to me directly in the eye that bitcoin is a scam. I immediately stopped him and told him that bitcoin is good but there are just many scammers out there which gives a bad impression to cryptocurrencies.

[MascharonoM]

Nope, not all are scam. But some may be, I am not sure. Because I didn't research about them yet. I always looking for a legal one. Because I don't want to waste my money and investing in a bad (temporary) projects. I got some legal paper about SciDex few days ago which I was looking for. I would like to invest there. What's your suggestion? Thanks!

[alshulk]

I don't agree with that. Many coins have their own technologies that can be applied in real life. But I think the top 100 coins will change significantly in 2-3 years and many of them will disappear completely.

[cola-jere]

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!

Even bitcoin started out as a scam  

Even if the vision and mission of Satoshi when he unleashed bitcoin is to decentralize everything - electronic money, hashing power - it still didn't happen.

Those 2010 early adopters now control the crypto currency space. But in a way, that's also probably their reward for being first movers, like bitcoin is. Which I think is also fair.

Alt coins are giving a chance for new comers in crypto to get a hold of something in the crypto space. If there are no alts, we probably won't have a dynamic market that we have today. Bitcoin might have died as well as there's not much innovation.

I still believe that cryptocurrencies and the blockchain technology WILL and IS redistributing wealth to the masses.
Everyone in almost equal footing, no matter where you are located.

[Riskiagung2425]

I  think you should stop those nonsense informations before making any statement like this. Top altcoins nowadays can be very useful for many aspects, if you can find out how can they be applied in real life then you dont have any knowledge about cryptocurrencies.