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Author Topic: Most alts are worth Zero  (Read 30792 times)
pastan
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June 13, 2018, 08:10:26 PM
 #381

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.
Trully so. Some tokens are the part of serious projects. But I think that author was talking about some forgotten scam, that exist even in top 100.
bitcon
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June 16, 2018, 12:05:34 PM
 #382

only the alts with true potential will survive. Hype cannot keep you up for long.

I suppose, one from every five altcoins that exist now will be used in 3 years. I guess the top-ten cryptocurrencies will survive. Most of them will double their price in less than 10 months. However, many alts will die.
haithomocduong
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June 18, 2018, 12:09:28 AM
 #383

Those altcoins that worth zero are the project that they don't have much investor. Because there is so much altcoins launch and the investor don't know which one is legit and have the chance to raise up the value.
jonland22
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June 18, 2018, 12:14:16 AM
 #384

It was predicted long time ago and a lot of alts from few years back has proven it since there is no volume and the project are already abandon, top alts will exist as the cryptomarket will be present but for those coins who simply doesn't have the potential from the start will always worth zero sooner or later.

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June 18, 2018, 12:30:11 AM
 #385

I just to see some altcoin  that can be turn to zero is fraud coin that only want to scam people like all lending coin and coin that use MLM marketing like Onecoin.  All these kind of coin will going to zero because the coin is not legit and only use ponzi scheme , also does not solve any problem in crypto space.

Farrahyap27
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June 18, 2018, 12:38:40 AM
 #386

Yes indeed, because of the many coins, most of the coins are not worth it. Especially selfdrop most of them will probably indeed into scam, developer usually get ETH and run away. Now, the top list coins are only trustworthy coins and make a guarantee that prices will fall to zero others are just scammed who want to steal your money only. And There are many scams and coins that are meaningless. If the bubble happens, the bubble will disappear. If this altcoins are legit it would probably easy money for all of us.
Russia32
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June 18, 2018, 03:52:09 AM
 #387

I agree with you, they are divorced very much. Most are simply useless ...
Maya56674
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June 18, 2018, 02:04:19 PM
 #388

Yes, there are too many different crypto-currencies that are too overvalued by investors. But I think that in the future there will be only worthy ones who already have their own product.
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June 18, 2018, 02:09:45 PM
 #389

because most of them are not created to provide pure value or real value but only for speculative purposes, but many People do not have a firm grasp of the project they started at the moment, perhaps most of them just to make a profit from the hard work of us all.
MinerFTW
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June 18, 2018, 02:50:52 PM
 #390

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

Yes it is, in my opinion, the coins that are really worth and have or will have some value are quite small compared to the whole market. Many of the projects have no idea how to develop for the future or do not want to do it. But there are really good coins too.  Smiley

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Melody2
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June 18, 2018, 03:16:42 PM
 #391

This won't be happening if teams and their dev team stay true to their word and engage in further development of their projects. There are so many tokens turning to shit coins out there because development is halted and the tokens will serve no use of value.

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kalintura
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June 18, 2018, 03:21:12 PM
 #392

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
There are lots of altcoins that after accumulating fund, distributed tokens and even listed in exchanges but afterwards there are no developments of their project that is why the token which others hodl becoming worthless.
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June 18, 2018, 03:24:10 PM
 #393

This is really the case, but the faults of all this are the project owners themselves because they do not develop it, because a project that does not throw away is always hitting good exchanges and shows a good price!
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June 18, 2018, 03:33:25 PM
 #394

Yes, too many projects are not promising + scammers. Many altcoin  is scam and they cheat  somebody then they die slowly. I think amount of altcoins damage all crypto because real project cant take what they need.
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June 19, 2018, 05:41:41 AM
 #395

I kind of agree with you. And the whole pumping and dumping thing is very annoying. They increase the price of altcoins for short amount of time and fool others. I wish these pump groups could be banned or something should be done about them.
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June 19, 2018, 05:48:51 AM
 #396

I disagree. They cost exactly as much for how much people are ready to buy this crypto and you can make sure that this price is far from zero. There is no other way to estimate value of cryptocurrency other than market value.

ungongbuotan
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June 19, 2018, 05:52:04 AM
 #397

Yes you do have a point. Most of these coins are the one's that cause the market to decline. Some of these coins are just results of people trying to ride the trend or even worst are just scams that kist want to abuse the popularity of ico's. It is quite sad though, ico's were nothing like this before.
trinhdao078
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June 20, 2018, 09:22:14 AM
 #398

I think that  those ICO's that scams people had triggered most of the people not to invest anymore with
new ICO projects believing that it maybe the same with the other. In my opinion,  there are many good projects that are in development and  people should know how to select such project to avoid being scam later. People should not generalized their belief that most of the alts worth zero because of their bad experience.
trinhdao078
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June 20, 2018, 09:23:28 AM
 #399

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
Maricurijohn
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June 20, 2018, 09:34:47 AM
 #400

Why do you say that, while many altcoins are very valuable. has made many rich people thanks to the sale of altcoin, can not say they are not. that's a myth. unreal.

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