Many ALTs are worthless

[BQ]

It's nice to see more people realise this! It's like the IT bubble in the sense that there's tons of useless things that are waaay overvalued!
Will there be another december bullrun, or will the next bullrun involve only the actual useful coins?
Make your picks, just be sure you got some of the good ones  

[arthur305]

This days a lot of altcoins are just completely based on hype. Most don't have actual use case. I believe with time only those with something valuable will stand the test of time.

[meldrio1]

Yep, many altcoins are getting no value because of this down market, if this continue down the market then many altcoins will no value and many people will lose their money.

[sangalangdavid]

There is no doubt that many altcoins are worthless that is why we should be wise in picking the coins we are going to invest in so that we will not regret in the end. Pick the right one.

[maydna]

just wait and see for this alt and the time will answer and if they are really worth then they will survive and will get a good position. I think this will happen over and over and new projects will create another one which similar to the other projects. and only the real projects that can gives benefits to many people that will exist in the long-term. as long as we can take a profit from the alt then it is good for us

[sophiawhite]

Nearly all of them are technically worthless as they have no customers etc. It's the speculation driving the price though so clearly they aren't worthless.

[scamalert0]

What is the group discussion for ??

[bawa_23]

You are absolutely right, some altcoins have no value. Developers sell their tokens just after their projects hit the exchanges, who suffer is only the new investors who had less rerearch about the project. There are lot of Alts which are created for nothing, but only some got to success. As the market stabilize alts will also gain its value. So we should wait for sometime than to be greedy.

[Sebas.tian]

Most alts are worthless because of the lack of popularity of cryptocurrency in general. Imagine if the total people who are aware of cryptocurrency is just 50M. Since there are many tokens with the same features, people will tend to choose only one and as a result, the support is not concentrated in one project thus it fails because of the lack of support.

[Chacon994]

Altcoin worthless has a lot in the crypto market. Because these altcoins are created by The development team is not good. The creation of the coin is very simple. But to grow and help the coin rise, it is a very difficult task

[tuanta]

Many ALTS have NO value: Maybe the market will correct to this fact of life.
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!

I fully agree with you, this market is quite young, is quite new, will have many projects and ideas born means many coins are born, there is too much coin to bring value to the community for the blockchain network, they will soon be boycotted or the developer team will not price and die.

[borjois56]

Many ALTS have NO value: Maybe the market will correct to this fact of life.
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!

with lots of altcoins in circulation, they race to be the best, altcoins who have good project prices will rise, while altcoins who do not have the project will be abandoned

[Cryptopeppe]

throw them in the garbage! otherwise hodl and wait for recovering.

[Disclaimert]

why altcoin is not worth a lot? I think some projects let their token prices go down and there is no effort to keep their prices stable