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Author Topic: Most alts are worth Zero  (Read 30792 times)
clonedone
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June 12, 2018, 04:57:47 PM
 #361

Yes it is. Now you need to choose projects very carefully and do your own research before investing. Of course, there are a lot of scam projects now but i think this isn't the main problem. For me the main problem of ICO now is the availability of ICO for everyone. There are no specific requirements for companies that want to do the ICO. Therefore, there are so many scam projects and so many projects that don't have a product, professional team, investors, experience in their fields, etc.
Norihiro
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June 12, 2018, 05:00:34 PM
 #362

That's actually true. Way too many projects come out in our days and I'm scared by their numbers, to be honest. It may be even dangerous for the whole crypto because the effect may be both good and bad.

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hackzang12
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June 12, 2018, 05:15:54 PM
 #363

Most of the alts are worth zero and compared it to the price of bitcoin before they are useless when people realize that we have good systematic solution that will resolve the overall problem. Blockchain technology is here and it won't go away.
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June 12, 2018, 05:18:19 PM
 #364

Most of them are designed to provide real value, but for speculative tasks. Others do not know how they will achieve their goals. Therefore, I focus on working with projects that have an experienced team and objective goals.
lance04
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June 13, 2018, 03:03:57 AM
 #365

I Think It Depends To The Situation, But For Me Yeah Alternativecoins Worth Zero
Because I Believe Everything In This Kind Of Business And Industry Start To Zero Until They Reach Their Goal To Be One Of The Successful Business Here, So That's My Opinion Only.
bryant.coleman
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June 13, 2018, 03:10:25 AM
 #366

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Unfortunately, that is the case with more than two-thirds of the alts. The promoters market their alts initially, create a pump and then use this opportunity to dump the vast majority of their coins. I have noticed this phenomenon ever since 2014.
The_prodigy
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June 13, 2018, 03:14:43 AM
 #367

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Unfortunately, that is the case with more than two-thirds of the alts. The promoters market their alts initially, create a pump and then use this opportunity to dump the vast majority of their coins. I have noticed this phenomenon ever since 2014.
there are so many alternative coins now and it is not impossible that the others coin will worth to zero, actually not all coins are legit there are some coins that they go only for scam. it is better to filter and seperate all the trusted coins and new coin to make it better the industry because the alternative coins now are trully many and it is worried to other people because they dont know what is true coin
baduday1991
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June 13, 2018, 03:18:25 AM
 #368

It's hard to code blockchain project in general. This is one the reasons why those coins are worth sp much. Most of them are definitely overvalued but not all of them, of course. One can buy real products using a lot of them.

Well for me most of them are undervalued based on what I've search on their background or fundamentals because it could be so much big in the future once the blockchain technology and cryptocurrency are totally adopts here in our world but right now still a lot of people doesn't know that importance of it.

kickstarter
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June 13, 2018, 12:18:37 PM
 #369

Exactly, but one can still make money of them, because of the everyday speculations and information bombs. It is very risky though, to day trade altcoins, but still it doesn`t mean it can`t be done.
wumBowo
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June 13, 2018, 12:28:14 PM
 #370

if you're talking about altcoins that listed only on minor exchange , yes some of them are worth of nothing.
But most of coin that already listed on major exchange like binance,bithumb is actually a altcoin that have a good project that drive within

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rezha82
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June 13, 2018, 12:30:18 PM
 #371

this is because the decrease of bitcoin is very far and it makes other altcoin fall and difficult to rise again because it still does not have good potential to be invested in the long term or short term.
frznbd
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June 13, 2018, 12:33:44 PM
 #372

At present, altcoins do not die soon. In 2018, many altcoins are still profitable, but in the long run, the value of altcoins will slowly shrink.So now, you can still profit by buying altcoins.
Mongrad
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June 13, 2018, 12:33:54 PM
 #373

If they are bought, then they need someone else. The price is determined by the buyers.
Jpt
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June 13, 2018, 12:47:54 PM
 #374

One thing is factual that people and investors are growing aware of cryptocurrency. So there is competition involved in the market. Those who cannot live up to its promises and fail to deliver will vanish over the time. Only good coins that are delivering will remain on the scene.
Veks_King
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June 13, 2018, 12:49:23 PM
 #375

Yes, this is the root cause of the current market decline. The market has recovered its ideal and people no longer blindly buy shit coin. They are beginning to understand whether this project is a good project.

I beg to differ. People are still buying bitconnect.
rarg
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June 13, 2018, 12:51:13 PM
 #376

Yes, I know it. But if you are lucky, you can find some Altcoins that can make you profits.
I suggest investing in this altcoin: BLUE, XLM, NEO, and CARDANO

Inkdatar
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June 13, 2018, 12:52:09 PM
 #377

At present, altcoins do not die soon. In 2018, many altcoins are still profitable, but in the long run, the value of altcoins will slowly shrink.So now, you can still profit by buying altcoins.
Yes some buyers or investors can still earned profit by investing in a certain good project. This is the fact alts are worth zero they cannot maintain or improve at least their project. No improvement indeed that can attract buyers to invest.
makerst
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June 13, 2018, 12:55:26 PM
 #378

This has already been predicted, because now we fully understand that people very often believe in projects that in reality do not represent anything of themselves, but why people believe in them. Strange, but it's a fact.
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June 13, 2018, 12:56:00 PM
 #379

In the future, so it will be, many coins that are now high will simply disappear. To us the main thing is to have time to earn on them

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semar nyengir
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June 13, 2018, 12:58:34 PM
 #380

all ceo that have altcoin potentially like metalic and yuon often say bawha all latcoin every day to zero and this we must pay attention to both buy and menjuanya in the right time when want to invest in long term or short term.
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