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Author Topic: People say altcoins won't survive  (Read 6320 times)
Olalomi
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August 18, 2018, 10:39:00 AM
 #161

There is not doubt about this  many altcooins will not survive the rigorous competitions in the ecosystem the last time I checked crytopia (exchange) I was surprised to see as many altcoins that I could not count the numbers, I now ask myself how will all these altcoins competes with  the majors?  Like ETH, btc xrp etc
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Glomerulus22
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August 18, 2018, 10:39:32 AM
 #162

Yes, of course, 90 % of all alitcoins will die because they ave no actual use and cant be adopted into the world, only the most stable coins or smaller projects with great ideas will survive. There is just too much altcoin out there and more and more are being created - this has to break.

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August 18, 2018, 10:39:40 AM
 #163

I'm sure that the Alcoy will survive. In order for them to survive, a good team and a good reputation are needed. Your project, good investors. All this is very difficult. But the main thing is faith in the crypt, which will bring profit.

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August 18, 2018, 10:44:43 AM
 #164

Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!

I agree with you. A lot of projects will die but others represent only the BEGINNING Smiley Good luck!
The best way to respond on their doubts is by proving them wrong. There's no other way that we can really do to stop them and it's their choice to stop what they are doing. I only wish them happiness in life. I think one day they will learn to accept and love altcoin. All that we can do is just show them how great is altcoin.

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August 18, 2018, 10:47:16 AM
 #165

I totally agree with the view altcoins will be removed 90%. That will help the market not to be diluted, but the potential coin will continue to exist. That is a good signal for investors in the project.
Pintadj
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August 18, 2018, 10:48:42 AM
 #166

all people will transfer money from alt to btc if eth approved btc..
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August 18, 2018, 11:46:40 AM
 #167

Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!

I agree with you. A lot of projects will die but others represent only the BEGINNING Smiley Good luck!
The best way to respond on their doubts is by proving them wrong. There's no other way that we can really do to stop them and it's their choice to stop what they are doing. I only wish them happiness in life. I think one day they will learn to accept and love altcoin. All that we can do is just show them how great is altcoin.

In fact altcoins do yield more turn over with less investment. Depends on their market as well. Just look at the investment history. Obviously it takes time for a coin to capture the market as like Bitcoin did in the initial. Never under estimate even a coin which is under a dollar for more than an year. This depends on the market and yes one day, team may push up the demand and this coin would be the one filling up your wallet with more turn over which is not expected.



























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tranquangvinh
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August 18, 2018, 11:54:44 AM
 #168

You shouldn't be panic just because of these predictions Smiley. Nobody know what will really happen to crypto market in the future so you'll get the answer after long time waiting. Don't try to sell your altcoin at the moment to cut the loss cause it's also mean that you fall into the trap of the whales.
yes !I agree with you  it's just these predictions  , no one can not predict the future . We shouldn't sell all altcoin because of that because the market is now downtrend , it will soon recover .
Indai24
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August 18, 2018, 12:01:42 PM
 #169

You shouldn't be panic just because of these predictions Smiley. Nobody know what will really happen to crypto market in the future so you'll get the answer after long time waiting. Don't try to sell your altcoin at the moment to cut the loss cause it's also mean that you fall into the trap of the whales.
yes !I agree with you  it's just these predictions  , no one can not predict the future . We shouldn't sell all altcoin because of that because the market is now downtrend , it will soon recover .

We really can't say that unless someone can present a valid proof why altcoins won't survive. For now let's enjoy what we have because these people don't have any basis at all.
BigBrother
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August 18, 2018, 12:02:27 PM
 #170

The fact that most of the altcoins will disappear, I agree. Because there are a lot of them and not everyone will be able to realize themselves. But with those that they all will disappear, I not agree. Still, there are good, promising coins that can survive the competition. So I think the altcoins have a future.

Jamboo30
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August 18, 2018, 12:49:50 PM
 #171

There are a lot of ICO projects going on and a large number of altcoins are born, but I think after this downtrend,> 90% of the altcoin will disappear, and the project will die. The remaining altcoin projects, if really strong in technology and potential will continue to exist and develop

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santino11
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August 18, 2018, 12:52:39 PM
 #172

People especially weak hands believe that alternative coins will not survive because of the color of the market now.
the graph is falling down and the color is bloody, this will make people feel the panic and wanted to go out in crypto.
but if they are like me who believe that everything will be better and this will be the future. well no words to say.
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August 18, 2018, 01:12:57 PM
 #173

I agree with you we need to study carefully when investing and stick to our decisions. I also think the market needs purification because a lot of junk projects, the project died that badly affect the psychology of investors. However, the crypto market is still small, market share is still expanding for new projects, and many old potential projects are still trying to develop their products. The crypto market I believe will have a bright future in the future, so finding good projects is also a good opportunity to get a profit.
Inasal03
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August 18, 2018, 01:17:07 PM
 #174

No thats not true altcoins will survive just like bitcoin they are also desame we need to be positive everything will be all rigth altcoin will survive.
kevingreen
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August 18, 2018, 01:28:43 PM
 #175

Every industry is the survival of the fittest. If you have good technology, then I believe that it can survive. If you don't have good technology, it is normal to be eliminated. So I think the cryptocurrency that can survive in this market in the future. All are excellent, so the industry will have better development.

I agree with your points, because survival in bussiness is all about withstanding competition and the same thing apply to cryptocurrency.  So at the end of the day some project will die but the cryptocurrency industry will continue to flourish.
dragontigear
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August 18, 2018, 01:40:40 PM
 #176

Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!

Mostly negative speculation are coming when crypto market is in trouble like what happened today because people are afraid and mostly they are target by large investors to sell their tokens in very low price due to panic of losing their investment.
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August 18, 2018, 01:42:12 PM
 #177

I think that the altcoins will continue to exist. and those altcoins which depreciated of course will leave the cryptocurrency market.
Caelanpelley
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August 18, 2018, 01:57:22 PM
 #178

What basis do you think the altcoin does not exist. Like many people have said that bitcoin will die. In fact, the electronic money market is still alive and will grow in the future. Not always the comment is true, it makes people psychological panic, do not boldly invest.
Phil315
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August 18, 2018, 01:59:07 PM
 #179

Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!
I would have said such persons are entitled to their opinion, but one thing that may support such believe is the fact that most of this altcoins seems not to have a follow up projects after their creation.
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August 18, 2018, 02:02:02 PM
 #180

Initially, so began to say, provided that if Bitcoin and the entire cryptocurrency market will fall very much. But in the end, the market fell quite strongly and most altcoins that can be attributed to the slag is still alive.

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