victory1
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July 22, 2018, 06:09:04 PM |
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The main reason we have so many coins not surviving after some time is because so many of these coins are either shit coins or there are some that the developers created them for the purpose of profit. By the time they have realised the intended profit, they then abandon the project and move on with another.
Nonetheless, i have seen some very good ICO that up until now, they are still very much active in the market.
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husanlarisa
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July 22, 2018, 06:09:32 PM |
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I think that 95% of crypto coins and tokens won't survive and the reason is that a crypto coin in order to survive and get value it has to be accepted as a way of payment for purchase goods or services. Very few coins will manage to do it at the end of the day and of course these coins will get enormous value. The only thing you have to do is to find out which coins will enter the market of real currencies.
I think that number of coins that gonna fail is more, about 99% I always remember about dotcom bubble nearly entire sector was collapsed, so that is the history from which we can learn
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victory1
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July 22, 2018, 06:13:16 PM |
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Cryptocurrency is one of the battle of the fittest, the coins with most usage and accepted by everyone will be the one will stay. Some coins are just being redundant and imitating/copying other coins like BTC and ETH. But I think that old coins will be included to be eliminated because we are always having new technology and innovation.
Improvements is always there in every ICO, so there will be new payment method and if the previous coin will become stagnat, they will be also vanish in crypto world.
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shursight
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July 22, 2018, 06:17:20 PM |
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Of course that they will , but it also depends on each coin and the project that is behind that coin, if it's a shitty one, then there is no way that this coin can survive to the storm, that is the way that all the other coins work on the market
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EmJay
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July 22, 2018, 06:18:46 PM |
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Not all will survive. There were so many coins that come and go. At first they have a value and suddenly no value at all like they became a shitcoin. They're like pump and dump but there are also who survived .I think those ICO with really good project that are useful are the ones who survived and will survive.
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CryptoSpark
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July 22, 2018, 06:22:33 PM |
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Most will enter a state of limbo, kicking around on a few nodes for many years while their value dwindles, like a star using up the last of its fuel but without the impressive supernova. But among them there will be long term survivors, perhaps 5% of the alternatives but they will have the liquidity, adoption and market to really expand.
Actually I don't think the long term winners even exist yet. Bitcoin will always have a special place in history, like the first computer ever built and I'm sure it'll be around for decades to come but I personally don't think Bitcoin is the end game. Ethereum to a lesser extend will have a place in history and won't be going anywhere for a while. But neither of these will be the long term big winners but they will fuel and continue to inspire the long term winners. Bitcoin has relatively limited utility although it's great at what it sets out to do. Ethereum has many problems with scale and performance and frankly the major rework being suggested with Plasma, Casper and Sharding is nothing short of admitting it needs replacing with something very different although I'm not convinced this trinity of changes is the right answer. These technologies improve scale and performance but lead to centralisation and frankly there are better blockchains out there if you need scale. Ethereum has around 15,000 nodes the last time I checked plus of course many lite wallets but it's not a massive network which the long term winners will be. And I'm not disrespecting Ethereum, I think it advanced the industry and has delivered a huge amount of benefit but it's also highlight a lot of challenges that the industry needs to deal with in imaginative and creative ways.
So that's a long winded way of saying I don't think they'll all survive, not in a healthy way but there will be a good selection of blockchains that will survive, the art is working out which they are. We don't really need to work out which will win long term, there will be a few and the main thing is that some do survive and really improve society.
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GameOfBit
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July 22, 2018, 06:27:36 PM |
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as they say, the strongest survive. Coins equal to zero are unlikely to survive. Only those who are in demand will survive in the future.
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JostikSSS
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July 22, 2018, 06:35:05 PM |
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Tokens that are not traded at all in my long time it's time to be excluded from the list Coinmarketcap.com. Today there are more than 1600 tokens and really traded and having at least some future no more than 20%.
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Svarora
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July 22, 2018, 06:36:58 PM |
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Coin which have some real value product will definately survive. But like other financial market this market too have tuff compitition and only coin with better blockchain technology will survive
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ZeusTrade
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July 22, 2018, 07:05:02 PM |
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I think it will be the ethereum in fact the token of the ethereum network due to the great acceptance of the idea of representing their actions in token and the day of the population when they understand that this is the future but many banks do not accept loses control of the economy
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Rainbow009
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July 22, 2018, 07:09:16 PM |
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100% NO! Even in the conventional business sphere, many establishments die off. Crypto, with it's higher risks poses a more challenging environment. Hence many co8 s wouldn't survive, even in the bullish market.
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pelumi20
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July 22, 2018, 07:52:15 PM |
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I do not think every crypto coin has the ability to survive, in short it is only a small fraction of them that will survive. This is because it is demand that drives the value of coins and what makes a coin to be in demand is it function, whether it has a real life application or use. Only few coins can be applied in real life and this will have an adverse effect on their adoption which will make the value dump.
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nz_sana
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July 24, 2018, 04:00:53 PM |
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At the moment too many crypto coins are going to scam so I think it is not possible to every crypto coin will survive. You can understand very easily which coin will survive. If you analysis crypto coin so you see coin review and you understand what reasons of coin survive. It depends on dev and how to look like a project and it is very important to the product so it is not possible to survive every crypto coin.
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hulkangrysmash
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July 24, 2018, 04:04:15 PM |
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No I don't think so. Not all crypto are actually good and useful. There are some who are just a copy of other crypto. Those coins will definitely not survive.
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dupee419
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July 24, 2018, 04:06:36 PM |
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95% is a big percentage, In my own words, I do think that around 60-65% of coins will die, this is completely okay, because new cryptocurrencies will be made, a lot of cryptos are continuously on the verge of dying and if it completely dies, then the market would definitely lose, hopefully there will be new arriving coins that can provide more and has their platforms at their utmost advanced technology.
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Cryptmuster
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July 24, 2018, 04:06:54 PM |
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It would be very good if each token was profitable, but unfortunately it is not so and a lot of tokens fall in price so much that they are practically worthless. I think if the coin has a real application, then it will have a future, and if it does not, then its price will fall.
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ab8989
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FUTURE OF CRYPTO IS HERE!
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July 24, 2018, 04:10:54 PM |
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Will bitcoin also be eliminated? because now the bitcoin transaction path is getting closer and finally takes a very long time to send bitcoin. Will this be a problem when bitcoin is used as a payment system? because I think cryptocurrency is present in order to speed up the payment process.
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milani
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July 24, 2018, 04:20:04 PM |
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II think that lots of coins will die in case they will not develop. With no purpose they will be finaly forgotten. That will bring the end. And the coins with their own Blockchain have better chances to survive. So strong coins will live mostly. The percantage of futurfutdeadedead dead and alive coins is hard to predict now, because the situation changes all the time. think that lots of coins will die in case they will not develop. With no purpose they will be finaly forgotten. That will bring the end. And the coins with their own Blockchain have better chances to survive. So strong coins will live mostly. The percentage of future dead and alive coins is hard to predict now, because the situation changes all the time.
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fadlyzuld
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July 24, 2018, 04:31:18 PM |
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95% is a big percentage, In my own words, I do think that around 60-65% of coins will die, this is completely okay, because new cryptocurrencies will be made, a lot of cryptos are continuously on the verge of dying and if it completely dies, then the market would definitely lose, hopefully there will be new arriving coins that can provide more and has their platforms at their utmost advanced technology.
I think there will be around 100-200 coins that can be survive but now in CoinMarketCap we have nearly 1700 different coins. Beside that there are many many projects that failed very early. So 95% I think it's still a bit low.
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Chase_AI
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July 24, 2018, 04:39:29 PM |
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I don't think every coin will survive, I think only those with the most dedicated teams behind them will be able to survive and will want to continue building their community and improving their coin. Even if many coins survive, not all will be used by all people. For example, some people may prefer using one type of coin for a particular app or transaction type, while others may not need to perform that same type of transaction so they may prefer to use other coins.
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