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Author Topic: All Alt Coins are a scam.  (Read 6388 times)
bkrobottc
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August 24, 2018, 02:59:29 AM
 #1781

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 don't agree with this comment. Each cryptocurrency has its own function in each field. Bitcoin can never survive alone.
Cryptolord_ng
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August 24, 2018, 04:37:56 AM
 #1782

The truth is, bitcoin can not survive alone and altcoin can not survive too without bitcoin

aligator2017
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August 24, 2018, 12:59:55 PM
 #1783

Not really you! Among them there are many real projects and very strong development. It is important that we educate and analyze the potential ICOs for investment.

Tonny is not that type of person who will say shit without any approvement or speak without any reason. And he is right.

How many coins and tokens exist in this industry? 1889 today if we take this number from coinmarketcap(pay attention that there are coins that were added only if they had $100k more day trading volume).

And imagine how many coins have less volume. But let's take 99,5% from this number - 27. And I agree that this number is enough to show real projects that develop something new and are different one from another. Another coins are plagiat or shittokens


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pstraene
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August 24, 2018, 02:24:21 PM
 #1784

no. there are many very good oldcoins with a great product. of course there are also many useless coins. but they will disappear quickly in the future. people are investing very carefully today. and many new crypto people only buy the top 50 coins.
leow
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August 24, 2018, 02:55:36 PM
 #1785

I think this is just a provocation to people prone to panic and bad news began some movements regarding their altcoins. So I think it is not necessary to radically sell all your altcoins at once. It might end badly later. When you sell everything, and it will take and grow, it will be very disappointing.
Coroline
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August 24, 2018, 03:04:57 PM
 #1786

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!
maybe it's true maybe not, because altcoins are very easy to create, but what makes them grow is the projects they run and are useful for many people, so only a few altcoins are scam, just making altcoins without making them like fake projects
Techno012
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August 24, 2018, 03:07:54 PM
 #1787

I do not agree with you and the person who said that all the altcoin are just scammers. Perhaps some altcoin were scammers and fled after collecting funds through the ICO. But that does not mean that everything altcoin is fraud.
imgoinforbitcoin
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August 24, 2018, 07:30:54 PM
 #1788

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 would have to say that he is wrong. No one is disputing the fact that a large percentage of the coins that we have in the market right now are scams, but not all of them are scams. There are some that are really good coins which will definitely survive for the long term. The reality is that bitcoin is not enough to serve everyone in the world, we need altcoins.
Deviaan
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August 24, 2018, 08:15:10 PM
 #1789

I don't think so. Although many altcoins which now is being in condition this does not mean the Red altcoin will be a scam or other negative marks. I think this is reasonable. where most coins also like these that indicates the coin was still alive.
chidiarua
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August 24, 2018, 08:21:45 PM
 #1790

I think it's a false assertion. Alts like ETH have proven that they can be better than BTC, and a lot more alts can do better. So, not all are scam. Though, I agree that most of them won't stand the test of time.
irenegaming
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August 24, 2018, 08:26:19 PM
 #1791

We should not be influenced by what other people say, surely it is a whale that wants to spread the FUD among investors to take advantage and buy currencies at a low price, it is true that there are many alts that do not fulfill their role and even there are developers who leave with the money of people, but 99%? lol is incredibly high, I would say 30% of the alts, there are also some that do not achieve their goals for lack of funding and such projects cannot be called scams.


Reza1893
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August 24, 2018, 08:31:43 PM
 #1792

wow... this crazy thought. Impossible. If altcoin is scam what is the use of Bitcoin? in my opinion, if there is no altcoin, bitcoin will die. that means investor interest in the digital currency will be lost. if that happens in the altcoin, then bitcoin will automatically experience the same thing.

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Leri9
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August 24, 2018, 09:52:56 PM
 #1793

 A lot of coins is most potential and useful in the future. So don't accused all alt coins is scam. If you experienced that thing. Try to move on and find another way to recover your lost.
kliown
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August 25, 2018, 09:43:03 PM
 #1794

I do not think so. Many altcoins really will not survive in a few years, but still there are about 40 altcoins, which in my opinion will continue to grow and develop.
Viranz
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August 25, 2018, 09:45:27 PM
 #1795

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 scam because we can see on the market a lot of coins that are still being bought or sold for trading. If all altcoins scam maybe bitcoin will not be famous now because crypto currency is not only bitcoin.
jutomals
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August 27, 2018, 09:31:05 AM
 #1796

Indeed, I would not say that all the altcoins are trick. Be that as it may, around 90% of the new in a few years will stop to exist is a reality. In the event that you take a gander at the coinmarketcap test of 2015, you can see that to date, from the main 100 of that time, just a couple of digital currencies have been saved. It will be the same with altcoins, which showed up in 2018. In a couple of years nobody will recall them.
mutanu
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August 27, 2018, 10:12:31 AM
 #1797

The market and the truth is crowded with scam projects. On a haypa all swindlers decided to earn easy money and began to release the coins. From it investors lose the money. Also to ico to projects there is already much less trust what was earlier. It turns out that both investors and honest projects which cannot raise the necessary bag money suffer from swindlers.

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August 27, 2018, 10:29:39 AM
 #1798

I think it's all planned and planned by someone. Therefore, do not jump to conclusions. Time will tell what will be profitable and which coins are actually Scam and which are not! So it is not necessary to direct passions here because you are read not only by skilled and confident investors, but also beginners for whom each negative news as a stone on the head. So stop being so terrifying. Everything will be fine, you'll see!!!
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August 27, 2018, 10:44:57 AM
Last edit: June 04, 2021, 03:38:54 PM by hilariousandco
 #1799

I totally disagree with this. You cannot categorize all altcoins as scam. There are altcoins that are actually good and meant for a genuine purpose, they solve a real life problem. Though stat shows that 70% of last year ICOs were scam but there are still coins that are not scam


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August 27, 2018, 10:48:00 AM
 #1800

I dont think so, according price movement between altcoin with BTC, actually some altcoins was give more return than BTC last year, any altcoins given 100 times profit in 1 years, and BTC need more than that to give the same return.
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