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Author Topic: Most alts are worth Zero  (Read 30783 times)
bitcoin.beda
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June 24, 2018, 07:09:22 AM
 #421

Yes this is very normal in the industry, sometimes even if the Token Sale is very successful it may have a chance to become worthless in the future as many of the ICO's roadmap has never been accomplished.

That is why it essential before participating, you must do your due diligence on that project.

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Zeke_23
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June 24, 2018, 08:21:54 AM
 #422

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
the promoters of such project are done with it. they already got their profit and done with their intention that's why they have no intention of developing it anymore, i guess.

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jessd7
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June 24, 2018, 08:30:31 AM
 #423

Yes and some altcoins' prices are gradually decreasing. Aside from the bearish market, I think it's also due to lack of communication from developers and having no updates at all about the project. There's got to be a solid platform and some hype here and there to make users a bit excited  Grin
GreatArkansas
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June 24, 2018, 08:32:35 AM
 #424

Alt coins are affected with the bitcoin, because bitcoin is still low until now. Let's wait on the recovery of Bitcoin and alt coins will start become stable again. That's how it works, most of the altcoins are related on the price.

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Gwyn
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June 24, 2018, 11:25:38 AM
 #425

You are right. Some projects are meaningless, but we can not prevent them from developing. We can only choose what we support.
miejokky
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June 25, 2018, 08:21:12 AM
 #426

Worthless are those projects which have no continuous development and clear roadmap or vision. Already there are ICO which are scam from the start. It is much better to invest in altcoins with active development and real-world use cases.
CryptoDouche
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June 25, 2018, 08:26:58 AM
 #427

Well, most coins are just speculative assets traders flip to make profit in a zero sum market. There is barely any coins that have actual products let alone utility. Of those that do my favorite is AMB because the master node and token economics are fantastic and really well thought out. Also, node payouts and theoretically token price will be tied to actual usage of amb-net, and with rumors of partnerships with giant corporations such as Migros, GSK, and Nestle among others means that the returns on investment should be massive.
Rtalk
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June 25, 2018, 09:07:10 AM
 #428

Most altcoins are useless and have no value.Now everyone is trying to conduct an ICO even where it is not necessary.The market is cleared of such coins,so soon there will be only the necessary projects.
tannerchum
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June 25, 2018, 11:55:17 AM
 #429

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

I think your right men, lots of nonesense coins are bumping in the market but useless. I don't know why it's happen right now, maybe this are cause of scammers or etc. Before market run so nice and can earn properly but nowadays it's suffers so badly. I don't know when it ends.

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bittnick
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June 26, 2018, 07:26:54 AM
 #430

Yes, this is the reality of this market. All are only interested in new coins. There's nothing we can do about it. It remains only to follow the market.
RedzoneASE
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June 26, 2018, 07:32:29 AM
 #431

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

Yes, indeed. Those 80% fallen alts are the proof that most alts do value nothing since most of the project developer does not develop their project after they have lunch their ICO.

warcarft3
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June 26, 2018, 07:35:00 AM
 #432

You can still find some potential altcoins. Although I prefer to invest in bitcoin, in order to rationally disperse my investment, I will still choose to invest part of the investment in altcoins.I don't think all altcoins are worth Zero.

DankCoinOfficial
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June 26, 2018, 07:36:14 AM
 #433

I'm a huge fan of this alt https://discord.gg/eNh9UP8
They have events already in Las Vegas
L. Maker
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June 26, 2018, 07:42:16 AM
 #434

yes exactly!
The wallet of my brother turning to zero the value of his coins and he is very regretful of not selling it while it is in a good price.
okocrypto
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June 26, 2018, 07:48:13 AM
 #435

I have many of them from airdrop and bounty. They are actually worthless. I don't know why people will start ICO when they have no plan of sustaining the company by putting adequate measures to protect investors.
Akeeto
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June 26, 2018, 07:49:41 AM
 #436


Most of them r`nt created to provide real value but merely for speculative purposes. Others dont have a solid understanding of the project they'r embarking on. They just presume that they'll know what to do when the mo ey comes, only to begin to s ratch their heads later
rdzepc
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June 26, 2018, 07:51:59 AM
 #437

I have many of them from airdrop and bounty. They are actually worthless. I don't know why people will start ICO when they have no plan of sustaining the company by putting adequate measures to protect investors.
Ninety percent of airdrop altcoins have died. I don't understand why so many people are constantly joining airdrops every day. It seems to me that this is a waste of time, and you can't get anything.
sparkling10
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June 26, 2018, 07:54:38 AM
 #438

That's true. There are hundreds of altcoins on the market and I am sore that less than 10% were actually created as a new idea to help the world and not as a business strategy just to make profit from trading it. But as it seems they are holding up well because people keep trading every coin and that's going to continue since people expect to make a big profit from every single coin that is created.
enawati
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June 26, 2018, 07:56:18 AM
 #439

Actually in crypto market there are more than 4000 coin and token tradeable , but only about 1600 listed in CMC. Too many coins in the market and the market cap is low make possible for some coin to be worth zero. But this is depend on the benefits that they offer to the community, now all popular crypto was give many benefits so the price will be possible to going up more.

modmalaney
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June 26, 2018, 08:08:05 AM
Merited by winspiral (1)
 #440

with the advent of such coins is certainly making a lot of investors into crypto many do not feel valued and produce. in the end, this will make crypto become less trusted more to produce. the result could be causing the decline for crypto. However, it should also make investors more selective in choosing the coin so that it could better produce.
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