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Author Topic: All Alt Coins are a scam.  (Read 6388 times)
vit0z
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July 20, 2018, 03:56:26 PM
 #1521

Also do not think that all altcoins are scammers. Very many will be introduced into the economy of the future and we will see good growth. But such coins do not exceed 10% of the total number.
Dynamist
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July 20, 2018, 04:01:09 PM
 #1522

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!

Sorry but i disagree. Bitcoin was the first digital coin created to support the system of digital transactions and trading.
However, Bitcoin can't handle alone all transactions and needs of lets say a hundred million people at once because of its limited supply of 21 million. This is one of the reason why Ethereum and other alt coins were created to provide services where bitcoin cant provide. these alt coins are very crucial to the entire cryptocurrency system of wide interconnectivity of diverse tokens able of providing different products and services.

cryptodrumz
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July 20, 2018, 04:01:58 PM
 #1523

Some altcoins can be scam truly but we can't say all altcoins are scam. Many of them are legit and even having a real life application or problem they solve.
santouao
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July 20, 2018, 04:11:23 PM
 #1524

No, there is a lot of altcoin that has a potential to grow not only bitcoin because some of the altcoin is innovating and improving that does not do by bitcoin itself. We know that cryptocurrency will have a brighter future because it really needs in banking as a remittance medium of every counties.

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John_AAA
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July 20, 2018, 04:17:19 PM
 #1525

I doubt it, I believe that sooner or later there will be a coin that will overtake bitcoin by capitalization
mr.robot8
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July 20, 2018, 04:28:32 PM
 #1526

yes every one has his own opinion and is true many of the altcoins are destined to fail but absolutely not all, there are and there will also be successful coins in the future, and even the bitcoin in my opinion sooner or later will be replaced as use by some of his fork
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July 20, 2018, 04:35:43 PM
 #1527

If you are storing your tokens in a decentralized exchange (see footnote)* you must withdraw your tokens before July 22nd or you will not receive AXPR. All other wallets that include AXP at the time of the snapshot, including centralized exchange wallets, will be credited with AXPR tokens. If your tokens are stored on a hardware wallet, MyEtherWallet, etc. you do not need to do anything, you will receive AXPR.
kilacka
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July 20, 2018, 04:44:52 PM
 #1528

There are some altcoins which are designed for certain purposes and have a narrow field of application. I wouldn't call them scam. Or, for instance, there is Monero which major advantage over other crypto is anonymity.
Allenz
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July 20, 2018, 08:54:07 PM
 #1529

Sometimes I hear this idea but you can't say that all altcoins it's scam. It's like to say that all people in China are asiatic. I agree that biggest part of all Alt coins mb SCAM but some part of this projects can create really good product.

Scott Evans
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July 20, 2018, 08:58:24 PM
 #1530

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!
Might be true but if you are here to make money then you should invest in alt not in btc.
BountyLord
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July 20, 2018, 09:49:32 PM
 #1531

It is not true! What about Ethereum, NEO, Monero, Dash? This coins is popular and they have the own place on the cryptomarket. Also I can say that all of them have the feautures which not able by Bitcoin.
Biitcoin
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July 20, 2018, 09:57:30 PM
 #1532

Do you agree with me: all cyptocurrency sphere is the scam. But it is the right  time to get money .
Cash is always and everywhere

GreenCoin22
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July 20, 2018, 10:26:36 PM
 #1533

I dont think that all alts are scam its not possible if all altcoin is a scam. indeed currently the market conditions are less supportive, so from that altcoin that eventually folded. but for me ethereum may not be as easy as that scam. Especially by seeing the technology used so sophisticated. and also a lot of that make ethereum as favorite coins.
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July 21, 2018, 03:53:39 AM
 #1534

I do not exactly agree with this statement. Today, there are many projects that in practice have confirmed their usefulness and prospects for the crypto market, just need to carefully choose.
smutexar
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July 21, 2018, 04:03:59 AM
 #1535

Everyone can have their own opinion on this issue. But in any case, with the right assessment of the situation and choosing the right altcoin, you can help the market with crypto and earn it yourself.
Tengcreneng
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July 21, 2018, 04:11:50 AM
 #1536

If ETH is a scam coin, of course, it will not be developed by various ICO until now. Until now, the use of the ETH platform has become even more widespread. That's enough to prove that ETH is not a scam coin, ETH has also been proven by many communities with its continuing value growth. So not just bitcoin coins that avoid scam, but ethereum and some other coins are also free from the scam.
Bitcoincole
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July 21, 2018, 04:15:17 AM
 #1537

You don't have easily agree with somebody statement as they have there own assess to make a nonsense news on a thread or else they are wanted to make panic the altcoiners holder for there interest in buying some coins in a cheap price. Everyone can make there own stories without proof of evidence gathered.
gerutio
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July 21, 2018, 04:16:43 AM
 #1538

Despite the fact that we can never deny the way that there are some altcoins that wound up as trick, it is essentially out of line to those altcoins who are really doing their best to satisfy what they guaranteed their speculators and some other individuals. The altcoins that I am hodling as of the minutes are those that I see some potential in it.
Roberttran
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July 21, 2018, 04:30:11 AM
 #1539

All altcoin is probably hard to beat in terms of bitcoin in the near future.  But can not altcoin is scam.  ETH NEO ... are being applied to ICO projects and they are very popular.  And a lot of people got rich from investing in altcoin instead of bitcoin
lancer10
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July 21, 2018, 01:09:19 PM
 #1540

It seems to me funny when on the forum someone write that I heard that someone said that all the altcoins are scam ..
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