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Author Topic: Most alts are worth Zero  (Read 30808 times)
97percent
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October 25, 2018, 10:51:25 PM
 #941

The growth of market value is now in very difficult and difficult times. So that a lot of coin value has decreased, especially with coins whose value is still below 1. However, that value does not become a constraint for some coins to be able to move forward. There are a number of them, especially those who rank above, with their small value, they have good potential in developing and marketing so that they are believed to be valuable altcoins in the future.

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October 25, 2018, 10:53:22 PM
 #942

I feel you bro, some of them have no value and interest in this days because a lot of them are not building their platform or doing the real job, it was all about money they collected in sales or ICO's.

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October 25, 2018, 10:55:23 PM
 #943

I hear you mate. Most projects just add blockchain to their projects because it's the trend now. But they don't actually add anything to this whole ecosystem. It's a shame really
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October 26, 2018, 04:32:34 PM
 #944

Agree with the fact that many altcoins are useless. But not the majority. If you are new to the market, then I believe that you need to read and analyze a lot of information about altcoins. In this case, the investment losses will be much less.

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October 26, 2018, 10:20:32 PM
 #945

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

There is nothing surprising. The wave of noise always attracts many scammers. This year, investors realized that a huge part of their assets was lost forever. This is normal for such a young market.

Developers will use money to create hype and this strategy will attract more buyers when they seen the price is rising to the moon. FOMO is a weakness of investors even if the project has no real product.

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October 27, 2018, 02:19:00 PM
 #946

The number of fraudulent projects is growing. Most of the new Altcoins and who do not have a suitable improvement program are unfortunately useless. The developer advertised them so that they were highly appreciated by investors. The developers produced a lot of coins on the stock exchanges and did nothing to intelligently promote this coin.
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October 27, 2018, 02:31:31 PM
 #947

I totally agree with you on that, most just collect the ico funds to run personal thing and has no intention to make the project work for the benefit of the technology and the users , many are coming on daily basis but has no product to back them up and this need to stop by every one in this ecosystem.
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October 27, 2018, 02:41:35 PM
 #948

This market is a cyclical one, so we need to wait patiently now. If you lose patience, it means you will lose your money, but I have to say that most altcoins are likely to be worth 0.

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October 27, 2018, 08:35:04 PM
 #949

Until the project starts releasing its product or service, its real cost is really 0. But everything is connected with the coefficient of expected profitability, which investors give to this project.
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October 27, 2018, 10:21:07 PM
 #950

Until the project starts releasing its product or service, its real cost is really 0. But everything is connected with the coefficient of expected profitability, which investors give to this project.


I'll tell you more. Many projects, even having begun to work, will not last even a year because of a bad development strategy and not timely completion of the tasks. However, investors want to earn money and can artificially raise the price of a coin on the exchanges.

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October 27, 2018, 10:24:37 PM
 #951

Until the project starts releasing its product or service, its real cost is really 0. But everything is connected with the coefficient of expected profitability, which investors give to this project.

The projects could release the product then not have anyone investing money into it, they need to know hot engage with the community around them.

 
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October 27, 2018, 11:57:49 PM
Last edit: October 28, 2018, 12:09:36 AM by BTCmasterVM
 #952

There are a lot of them, and over time will become even more, since the launch of ICO is only the first stage, which is followed by a lot of work for a successful project, the main thing is that the team does not stop development and progress was visible.
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October 29, 2018, 07:04:44 AM
 #953

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

Despite all the difficulties of the modern crypto market, there are still promising and useful altcoins today. A fairly common problem - altcoins have a great start, but do not continue their development in the future. But personally, I believe in the prospects of some new altcoins, so I continue to invest money in this area.

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October 29, 2018, 07:09:23 AM
 #954

To have a real value a coin must be useful. People need to buy it for a concrete reason and it needs to answer to a need, otherwise people might invest on it only temporary and this is what it's called in cryto a pump and dump scheme.

Many crytos are still nothing more than ordinary pump and dump schemes, so be careful when you invest.

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October 29, 2018, 07:11:41 AM
 #955

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
Nothing bears have already thrown off a lot of coins, and also did not give new tokens on the market. So everything is fine, this situation has clarified who is who in this market.
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October 29, 2018, 07:19:23 AM
 #956

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

It's the developers fault for not having a set plan to further develop their product into something more useful. I agree that there are tons of tokens out there that literally costs nothing but it is the doing of the developers for not improving the token they released.

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October 29, 2018, 07:40:08 AM
 #957

I think a couple of Alts are definitely worth holding.
Most of the alts are rip offs or similar coins then Bitcoin, sometimes even forks which can be okay of course but still they are all following he leader (BTC).

Although I know it sounds cliche, some alts are using completely different technology and are steering their own path with its own technology (of course inspired by Bitcoin).

Let's have a look at IOTA and the Tangle (for a clear and visual explanation https://theblockchaintoday.com/iota-the-tangle/ ). The technology is very revolutionary as the speed increases over time and there is no need for miners and therefor no fees. This has a lot of potential, not even as a payment solution but a way of sending and storing data.

IOTA is one example that really brings something new to the table IMO.
Next to that we see others like NANO doing something with similar benefits. 
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October 29, 2018, 03:35:06 PM
 #958

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
This is nothing but the truth, because most developers lunch coins for their selfish interest. After they might have made their profits, you will then see them no more for further development. Although, that does not stop you  from investing into them to make  your own profit too.
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October 29, 2018, 03:50:08 PM
 #959

This is the reason why one must not always invest based on hype of a project. As an investor, it is advisable to do thorough research about a project before putting your money into it. One must know the use case of it and the details of those behind it.
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October 29, 2018, 03:52:50 PM
 #960

the problem is to find the new coin that can do a big % of price grow...we must look for coins that are not ico or bounty but people are too stupid for this....I regret I did not get bought coins like litecoin,vertcoin or viacoin when they were very very low in 2015...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalk.org/index.php?topic=3028302.0... people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers
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