Altcoins be gone someday!

[semarm3sem]

Yes I'm convinced that many altcoins will die osomeday. You might ask why and my answer is simple, because many projects have basically no use case at all while some are not even brought forward anymore due to a lack of developers or other reasons....
It's honestly just crazy to see that some of those projects are valued in the millions without even having delivered a single thing on their roadmap. It's nothing else than pure speculation by some people that keeps those tokens alive.
That being said I sometimes question the investment skills of some people within the cryptosphere. I mean why the hack would you put any money into thin air? Into something that doesn't even exist neither show any progress on github after all?
I personally am therefore only investing into products that show some progress and are actively engaging with the community about it. What's your approach on selecting the tokens you put your money on?

[o_e_l_e_o]

That being said I sometimes question the investment skills of some people within the cryptosphere. I mean why the hack would you put any money into thin air? Into something that doesn't even exist neither show any progress on github after all?

Greed and naivety. Remember Bitconnect? It was obviously a ponzi, and anyone who wasn't a moron was pointing this out for weeks before it crashed, but it still peaked at a market cap of over $2.5 billion. The cryptosphere is young and immature, and unfortunately so are many of its investors. I agree many coins will fall to nothing, and frankly, the sooner the better.

[yura888]

Yes I'm convinced that many altcoins will die osomeday. You might ask why and my answer is simple, because many projects have basically no use case at all while some are not even brought forward anymore due to a lack of developers or other reasons....
It's honestly just crazy to see that some of those projects are valued in the millions without even having delivered a single thing on their roadmap. It's nothing else than pure speculation by some people that keeps those tokens alive.
That being said I sometimes question the investment skills of some people within the cryptosphere. I mean why the hack would you put any money into thin air? Into something that doesn't even exist neither show any progress on github after all?
I personally am therefore only investing into products that show some progress and are actively engaging with the community about it. What's your approach on selecting the tokens you put your money on?

I agree with you completely. There are a lot of projects on the market that are not worth a tenth of their current capitalization. I think that over time, this whole situation will develop. Personally, I choose only projects that show a stable activity and reports on their work

[voltagecrypto98]

Yes  I am agreed with you. Some will really gone for having no prospect and for not doing the right things on time.

[VitKoyn]

Yes I'm convinced that many altcoins will die osomeday. You might ask why and my answer is simple, because many projects have basically no use case at all while some are not even brought forward anymore due to a lack of developers or other reasons....
It's honestly just crazy to see that some of those projects are valued in the millions without even having delivered a single thing on their roadmap. It's nothing else than pure speculation by some people that keeps those tokens alive.
That being said I sometimes question the investment skills of some people within the cryptosphere. I mean why the hack would you put any money into thin air? Into something that doesn't even exist neither show any progress on github after all?
I personally am therefore only investing into products that show some progress and are actively engaging with the community about it. What's your approach on selecting the tokens you put your money on?

I agree with you, because the purpose of most projects out there are just for making money and no real long term goals, it is pure money. Most coins will die due to lack of demand but the thing is there will always be a new cryptocurrencies that will be introduced day by day and it is just like a cycle because it is not regulated and people can make start their own ICO easily. In my early days in cryptocurrency, I'm very interested to invest on ICOs (actually I earned decent amount of money from it) but nowadays, I feel like its very hard to trust a startup companies because of this projects that are being copied and this scams. I'd better invest on a coin that is already out there and continuously being developed.

[fiulpro]

I think more or less it will be because of the government regulations since there are so many altcoins in the market that they are compromising on some things or two and that can really cause some trouble along the way if government won't regulate it, it could cause loss of high amount of money of the people and therefore it could collectively make the economy of that country less stable and more degradable .
It's good to Invest but people need guidance, there are only one or two things that will prosper and people needs to realize this sooner or later

[olubams]

Yes I'm convinced that many altcoins will die osomeday. You might ask why and my answer is simple, because many projects have basically no use case at all while some are not even brought forward anymore due to a lack of developers or other reasons....
It's honestly just crazy to see that some of those projects are valued in the millions without even having delivered a single thing on their roadmap. It's nothing else than pure speculation by some people that keeps those tokens alive.
That being said I sometimes question the investment skills of some people within the cryptosphere. I mean why the hack would you put any money into thin air? Into something that doesn't even exist neither show any progress on github after all?
I personally am therefore only investing into products that show some progress and are actively engaging with the community about it. What's your approach on selecting the tokens you put your money on?

I cant say this is unique way to investing in ICOs. Only a newbie in this world would still be wondering how to go about it. If a project is going to break barriers, it would be obvious from the start. These are basic knowledge everyone should have by default and if you don't, the market forces would be there to teach you so you learn the hard way and amateurs developer without any iota of praticability of their ideas are happy to collect your money without thinking twice at all.

[semobo]

Yes many altcoins were created for the purpose of money making they never get any improvement since it was launched so these kind of coins will fade away soon but not all the altcoins,so invest on the right coins to make profits.

[lositech]

I don't think altoins will be gone someday, i will agree that some of the shit coins will die a natural death some day while good altcoins will stay for moon that's why i keep telling people do your research before making your investment.

[Moiyah]

There are tons of shitcoins like a mushroom who are just popping up at the market. However, there are still promising altcoins like ethereum, bch, eos and etc. who will gonna stay longer and will not die. Let me emphasize to you how ethereum as an altcoin had a great platform , protocol and system that may be the reason for it being alive until now. Though, they said, there is no permanent in life including cryptocurrency, I was still keep on believing that it may survive longer than expected.

[coolon]

Hello, I also think that many altkoins will die because they are all bigger and bigger.
Remain only those that will be useful in use and others that are not needed will disappear or cost a penny.

[Bezobraznike]

There are tons of shitcoins like a mushroom who are just popping up at the market. However, there are still promising altcoins like ethereum, bch, eos and etc. who will gonna stay longer and will not die. Let me emphasize to you how ethereum as an altcoin had a great platform , protocol and system that may be the reason for it being alive until now. Though, they said, there is no permanent in life including cryptocurrency, I was still keep on believing that it may survive longer than expected.

   I like to discuss about numbers. Couple days ago I asked community can someone make a list of all
alt-coins that are planed as scams, and how many of all failed alt-coins simply stayed without team
or ideas to continue with work.
   There are many shit-coins as people like to call them, but how much of them are shit-coin comparing
with all existing coins? There are a lot of coins and many of them are making their way for years. Some
of them are invented recently, some before 5 years, many more will come.
  I strongly believe that many alt-coins will survive, I hope that I choose right alt-coins for buying and
holding.

[danherbias07]

Yes I'm convinced that many altcoins will die osomeday. You might ask why and my answer is simple, because many projects have basically no use case at all while some are not even brought forward anymore due to a lack of developers or other reasons....
It's honestly just crazy to see that some of those projects are valued in the millions without even having delivered a single thing on their roadmap. It's nothing else than pure speculation by some people that keeps those tokens alive.
That being said I sometimes question the investment skills of some people within the cryptosphere. I mean why the hack would you put any money into thin air? Into something that doesn't even exist neither show any progress on github after all?
I personally am therefore only investing into products that show some progress and are actively engaging with the community about it. What's your approach on selecting the tokens you put your money on?

Hype. A lot of people and investors are joining for that simple reason.
It is sad. They wsnt easy money and boom they got easily scammed also.
You take care of your own here. You make your money worth the investment. 100 dollars or more is an important number.
Look at them making a minimum of .1 ETH which is just 60 dollars and yet they still want it.
Yeah some may die and some will stay.

[dev9t9ok]

Well, you are right but what do you want? Investing is not easy and there are similar troubles on stock market. It is impossible that every company is successful therefore you need to choose only that ones which have an excellent potential. I think that there are no a secret of successful of choosing ICO. It is just luck and experience.

[kaspabha]

Yes i agree with you. Most of alt coin projects do not have any working product. Some project do not have real value. Those projects will not stay in the market. But there are projects with good working product. They will remain in market.

[Rahees]

No, I think. It will be very hard to make altcoins go away. The market is developing, and these developments are connected with altcoins so much. We can’t be sure that altcoins could disappear ever.

[Badik]

The altcoin is really good if the management has a positive plan for thier project to grow and fight even the getting down. But my observation they make only project just to make money after that they throw like a trash inthe trash bin. But as you see the market many coins are managing well and they make thier best to become popular.

[yerger]

Yes I agree with that, maybe ICO will not survive for long time. We already have Bitcoin and it's all enough for crypto. Crypto are made to replace the current currency and became a regular payment system in the future. We doesn't need all Alt, maybe in the future just few coin which can became payment system.

[lenini]

Are crypto currencies significantly different from 90% of firms that fail in the first years of their work? The investor is convinced that the primary is the internal cost of crypto, not its price.

[starblocks]

That's because lots of them are just a copy and paste of something else

It's not a good idea to invest in these sorts of projects as they generally become obsolete very quickly or were only created for scams or pump and dump purposes

There will always be space in the market for alternative assets but only the most widely adopted will retain value