All Alt Coins are a scam.

[annmhie0904]

Not at all.
Based on my experience, not all altcoins are scams, some are normally got dumped. And become not valuable anymore because the law of demands. Altcoins will exist as long as there are demands on the specific altcoin. The more the supply, the lesser the demands, that altcoins will die.

[chuckle.j.everwin124]

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.

[haipzh99999]

Many early bitcoin visionaries have lost their imagination after the quick rich from btc's spectacular rise. They have lost their ability to think out of the box and are only willing to live in their btc wonderland. Leave them be. No need to argue with anyone who don't believe.

[Odebowa]

Well is not so, is just matter of understanding. Is some people that want to ruin the platform due to selfish interest not all altcoin are scam

[strauberyg]

Quite a strange statement, I think this is a real technology, and not just a soap bubble, in a couple of years the world will change AltCoins, just wait and you will see for yourself

[Lisa110386]

I do not agree that all altcoins Scam. Altcoins are Ethereum, Dash, Monero, Xrp, Zec and they are certainly not a Scam, but a serious coin, included in the top 10. But I agree that in 1-2 years, the top 100 coins will change significantly. Many coins will cease to exist, and in their place will come other new coins.

[Philip Ruby]

This is most certainly true. There are very good projects with good stability, credibility, and profitability. There will be also new coins that will be more successful in the future than Bitcoin. But it is true that there are also many scams.

Here is a very good article to read if you plan on investing your money into cryptocurrency:

https://medium.com/remoneta/remoneta-8-hard-questions-you-should-be-answering-about-your-token-sale-9c9c0f833367

[Zhenka]

I do not agree that all altcoins Scam. Altcoins are Ethereum, Dash, Monero, Xrp, Zec and they are certainly not a Scam, but a serious coin, included in the top 10. But I agree that in 1-2 years, the top 100 coins will change significantly. Many coins will cease to exist, and in their place will come other new coins.

Of course this statement is not substantiated. Many altcoins are a good technology that can make our lives easier in the future. No wonder that many players in the market participate in the ICO, thereby supporting the creation of new altcoins. Also good tokens can give very good profits in a short period of time.

[nvishnu22]

As per my view altcoins are not scam, they are those which helps in short term trading and it makes huge profits, i trade in many altcoins and i dint find them scam till this date.

[Omighty28]

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!

Stating that all Altcoins including Ethereum, Dash and Ripple are Scam is a Fallacy of Hasty Generalization as far as I'm concerened. It could only cause panic among the Newbies.
Nowadays Investors are making the most of their profit by trading Altcoins and not Bitcoin.

[omitusaf]

I have no idea who Tone Vays is, but the words he says echo that of a newbie. Ethereum is more important to me than Bitcoin because we have seen concrete evidences that Ethereum has something to deliver. Bitcoin is intended to be used for payments but up till now, majority of what we have seen is speculations.

[Alns]

 I would recommend you not to base your opinion only on the same as of one particular person, you need to listen to some others world leading economists about there believes about cryptocurrencies.

[amadorj76]

Not at all.
Based on my experience, not all altcoins are scams, some are normally got dumped. And become not valuable anymore because the law of demands. Altcoins will exist as long as there are demands on the specific altcoin. The more the supply, the lesser the demands, that altcoins will die.

I don't agree that all altcoins are scam, yes there is altcoins that can be considered scam but not all alts. Its normal for some altcoins to go dump in the price, but it doesn't mean that its a complete scam, there are some people that only want to use alts to scam other people.

[Ravenzy666]

I think it's just an angry statement. The statement is not based on strong data and facts. It is now a lot of emerging new coins that can be spelled out garbage and scam. However, that does not mean everything is garbage. Moreover, altcoin like Ethereum has survived for years and experienced the same ups and downs as Bitcoin.

[Alohadance]

Most likely it is true, but no one can forbid you to trade and earn money with this shit altcoins. 80% altcoins will disappear in 1-2 years. Not all I think. But now is a very good time to earn a lot of money.

[Sevaev]

Many early bitcoin visionaries have lost their imagination after the quick rich from btc's spectacular rise. They have lost their ability to think out of the box and are only willing to live in their btc wonderland. Leave them be. No need to argue with anyone who don't believe.

[mh6e]

 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, 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.

Yeah, you're right mate I agree with you some opinion are just to discourage other member. But what's important is your own decision if you still continue support crypto and do what is need to do to earn something out of it.

[armchair-84]

all alts are scam - I  often heard this from some people, don't want to believe they're right, and it's not, there're so many projects that work so hard, trying to bring something new, many of tokens will be used in internal ecosystems...well, they're wrong obviously

[KDjr]

Not all alt coins are scam. but almost some of projects are scam. And due to this, you can't blame every coin or project. Because i already invested in many Altcoins and at current situation i am in very good profit.
So i think you should do good research about different types of projects or coins in which you want to invest your fund and definitely you will get good result 

[efeyigit399]

I think all the subcoins in the crypto currencies market are not scam. only in recent times the number of scam has increased. I hope new rules will prevent scam in the future.