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Author Topic: Most alts are worth Zero  (Read 30783 times)
clavirda
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October 25, 2018, 03:58:47 AM
 #921

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

There is indeed some truth in such statements. Now the crypto market is experiencing very difficult times, so many altcoins do not develop. I believe that from next year we can see a gradual improvement in the situation. Although with due diligence you can find promising and successful projects even now.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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sinkfish
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October 25, 2018, 06:25:30 AM
 #922

well this year we learn the hard way. we now know most of  the project are empty shell. no development support, no coin created, just some people selling some useless coin. 1 of the reason market crush is due to developer themselves cash out their investor money and  leave investor nothing. seen this many times in Hong Kong Stock market. people selling house, cars, heirlooms, empty their saving just to gamble on the market. at the end, they got nothing. tragic truth.
erox
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October 25, 2018, 06:40:54 AM
 #923

Yes, unfortunately it is absolutely true. But I think now the situation is improving and becoming less of a scam.

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October 25, 2018, 06:46:53 AM
 #924

Well, it is not about the promoter anymore because cryptocurrency community is all that matters now. When sometimes project are abandoned, if such project has a strong case use in cryptocurrency ecosystem, there will be interest in such project and believe it, it will be successful!

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October 25, 2018, 07:12:25 AM
 #925

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
There are coins that are currently very cheap, but this does not mean that they are bad and without prospects for the future, many have very good teams and plans to realize their goals. Therefore, you can invest in them and not worry about your life in the future.

robattfield
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October 25, 2018, 07:51:14 AM
 #926

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
However this is the 4.0 era , But the coin actually used only for trading, making profit. It does not have any effect in reality. It may take some time, when all countries in the world accept cryptocurrency it will work.
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October 25, 2018, 08:11:38 AM
 #927

of course, it is surprise for you? for me it's not.
I do not see any real application for alts, only a promise..

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October 25, 2018, 01:24:14 PM
 #928

Yes. I agree with you. Most altcoins are scams, and scams! Therefore, it is necessary to conduct a thorough analysis of ico projects.
Scams are usually profiting from people that don't read into a project. Reading the project then investing goes far.
A lot of people investing after reading the column "gainers and loosers" on coinmarketcap. To read and research is too difficult, they are here for quick and easy money.
Mostly of people are following others or shillers. Remember when the market has been losing a lot of value from its peak price and then so many new complaints thread about that in here. Because a lot of people consider the crypto as the easiest way to get money, i thought that you have seen there was even a child that has become a millionaire caused by crypto.

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October 25, 2018, 01:27:26 PM
 #929

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
then probably it's a perfect opportunity for trying it out ourselves? what if instead of trading we start learning it deeper and actually offer our suggestions to promoters? i am sure the reward will follow

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October 25, 2018, 01:29:01 PM
 #930

%90 of alt are scam, they even dont have any product, people are runnıng after hype, when bınance thıng

ı belıeve ın 2019 real project wıth products wıll rıse, people wıll understand to not run after hype shıts, runnıng after hype ıs reaaly bad for crypto,
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October 25, 2018, 01:29:09 PM
 #931

Yes, now there aren't worth a lot. But think about the future, when the market will recover. And it will recover in any way, maybe not in 2018, but it will. Think about how much your coins will worth in one or two years. Stay calm and hodl.
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October 25, 2018, 01:32:54 PM
 #932

many have excellent teams and plans to realize their goals. Therefore, you can invest in it and not worry about your life in the future. There are coins that are currently very cheap, but this does not mean that they are bad and without prospects for the future.
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October 25, 2018, 01:37:32 PM
 #933

agreed on the most!! but the major use of the solution the platforms claim to provide will be what enable the worth to become a more real thing, like XRP has been pushing adoption!! seen some good moves and step, that makes me like the project,.
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October 25, 2018, 01:38:13 PM
 #934

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

I don't agree when you supposed that almost ALtcoins are worth Zero, this is just right with some garbage coins. What do you think about coins such as : Ethereum, Ripple, Neo, Cardano.... is it really no value?

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October 25, 2018, 02:17:32 PM
 #935

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
indeed this decline is not good for those who have a lot of crypto assets because they are afraid that if the prices on the market are getting lower it will hurt even lose their assets. but there is a positive thing the price in the market has decreased, this can be used to reinvest because of low prices and affordable. for beginners this is good but not for the old, what else has a lot of assets.
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October 25, 2018, 02:18:44 PM
 #936

Only those tokens that do not bargain anywhere cost nothing, and the rest can be sold, albeit for a penny.
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October 25, 2018, 02:27:35 PM
 #937

Most alts doesnt has any product. mostly is getting hype and spec. information to increase the price. I think this ridiculous situation in such an environment, the real project is a serious challenge to work in a robust team. but I hope that this situation will change in a positive way for good projects.

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October 25, 2018, 02:35:41 PM
 #938

%90 of alt are scam, they even dont have any product, people are runnıng after hype, when bınance thıng

ı belıeve ın 2019 real project wıth products wıll rıse, people wıll understand to not run after hype shıts, runnıng after hype ıs reaaly bad for crypto,
Most are just a copycat of existing projects who are offering much better system, but in the real world there's no product to develop, a pump and dump coins which whales loves to play with, it's the majority of this alt community that's why it's really needed to have a better research and good understanding of this technology before you invest your money, like bitcoin there's also some of those coins which coexist with btc that will survive
it's our task to select them and choose the right one.
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October 25, 2018, 03:31:22 PM
 #939

in my opinion you are still too fast to say that, because it takes a long time for the project behind the altcoin to develop and complete, and after that the new coin project will be very valuable

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October 25, 2018, 03:46:58 PM
 #940

it is of course sad... but the point is that the market becomes more stable. and will soon survive only working projects.

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