All Alt Coins are a scam.

[party22]

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 think ethereum is not a scam, and another altcoin is a scam. we see all this time from the many altcoins that exist, only ethereum is growing. and ethereum which has the best price among others.

[ugr_erkn92]

I can not understand why you talk so hard, all altcoins are not a scam. Talking like that hurt the crypto market, i think. Bitcoin is a leader that everyone agrees with, but altcoins are required for the system.

[Rejinx]

I act not disappear with this prospect that distinct altcoins are bunco that's not the due fancy, I value that distinct deliverance nowadays gain a brobdingnagian disagreement of cashing in to deposit dead their purpose in the project, on the other hand in no way are scam

[Asgod]

Scam is a word that gets used too frequently in crypto and while I don't think Vays meant they will run away with your money, I believe it meant the projects won't exist in a little while from now. 99.5% is a bit on the high end as well but I agree with the over arching sentiment and that is most altcoin projects are essentially useless and 90%+ will not exist sometime in the future. Pick your alts wisely because nobody knows when the last run for those suckers will be.

[renemagritte]

Haha no they're not. Well I also believe probably 90% of the projects will not succeed their goals, some of them will try, some of them won't even try they will just get their money and leave. Yet, even with a project with no improvement, there becomes a market. People buy and sell their tokens. It is a real economy, maybe based on nothing, but the circulating money is real.

And some people say "you will lose all your money" Well it cannot be like that. Yes my money can go as low as its 1/10, even 1/100, but it can't go zero unless a really big blockchain crysis happens.

But in the end, I believe most projects will be dead in a couple of years. Only the good and useful ones will survive.

[zhangxie29152784]

I think only a few counterfeits are scams, because not all of them are scams.

Because some Altcoin is as useful as Dogecoin, I use doggy coin for low fees.