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Author Topic: People say altcoins won't survive  (Read 6362 times)
iljamlnk
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August 16, 2018, 01:39:16 PM
 #61

Yes, weak altcoins, projects in which few people believe will not survive. I think there will only be popular altcoins.
cardoyasilad
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August 16, 2018, 01:41:55 PM
 #62

Well it depends on the team behind those altcoins if they were abandon it obviously can't survive but people will judge just like bitcoin most of them says it will not be more than $10.

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korean1999
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August 16, 2018, 01:42:35 PM
 #63

altcoins are still have strong impacts on the market besides bitcoin so they will survive, people who said you that literally haven't done their homework.

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August 16, 2018, 01:42:47 PM
 #64

That is a very bold thing to say, similar to “mining is dead”. Nothing is dead, doomed or ending. Whatever the market or volatility is now, cryptocurrencies and blockchain are now slowly taking the world. You can’t expect that altcoins have the same agitation, which happened when Bitcoin first grew to $20.000.

And yes, some altcoins will organically dissolve. I just don’t get it, why is that such a big thing? Look around - banks are drowning from time to time (but the new ones are opening), millionaires going bankrupt giving place to the new ones, fashion brands are born and reborn. That is the jungle law. And whatever happens to cryptocurrencies applies to the same principles.

If you are a smart investor you follow the rules of diversification. If you are a smart miner you follow the “no quick cash-out - play a longterm game”.

If you are scared of what people say, stay at home and don’t move ))) otherwise, live your life,  take your own decisions and pay the cost of your own mistakes.

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adam1230
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August 16, 2018, 01:44:09 PM
 #65

A big part of altcoins are going to die in this year.
Keep an eye on top 500 coins on coinmarketcap they are going to survive but i am not sure about remaining part.
Also we will face some surprises on top 100 coins. Some of them will turn to scam very soon.
niisarearning
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August 16, 2018, 01:51:48 PM
 #66

Your sentence make sense i invested NEO at the price of 100$ now its value less than 20$ still i am holding that . Even i invested on KCS as well as COSS still this coins lost half of this value . But i am believing in the product . Some coins i invested based on hype these coins became disaster some example are Credits ,  Titanium . SO do enough research you will never worry even coins value goes to bottom.
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August 16, 2018, 01:54:37 PM
 #67

Moreover, many do not intend to survive, and for them the prevailing situation on the market is beneficial. This allows them to completely abandon the fulfillment of obligations and leave investors with bare tokens. This again shows that it's not worth investing in crappy projects, which is not difficult to identify among real ones.

btctestcolets
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August 16, 2018, 01:59:46 PM
 #68

Cryptocurrency is decentralized and highly volatile that is why it is very unpredictable thus it created speculations within the community. However, not all speculations are true so we need to do our own research and trust yourself that you have choosen the best coin among all others.
NikNight
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August 16, 2018, 02:09:46 PM
 #69

The media manipulates people very easily. Last year, they talked only about the growth of coins, now they speak about the fall, and also about the fact that you need to invest in bitcoin. I will give just one example, Peercoin grew from 12 cents to $ 7 in 2014, fell to 35 cents, and again rose to $ 8 in 2017. The crypto market will survive, except for explicit scam projects.
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August 16, 2018, 02:12:56 PM
 #70

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!
people can say whatever they like to say and still it won't change the solid fact. what we can observe now is alts making its slow progress step by step, falling sometimes

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zelenkova
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August 16, 2018, 02:18:37 PM
 #71

do not listen to all people! I usually do everything for a turn!)) if they say that it's bad - then I go there. but if they say well, then I do not go there! if people say that the crypto currency will die and all the exempt crypto tokens - this means that it's time to invest in the crypto market! do not worry. nothing will ever die! here spinning fantastic amounts of money.
Eyelight
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August 16, 2018, 02:20:37 PM
 #72

This is a natural rule. This rule applies anywhere. The cryptocurrency is the same. There are many fakes on the market that must be cleaned up. Otherwise, this market is difficult to develop healthily. I personally hope that this day will come early and all false projects will disappear.
Pasnik
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August 16, 2018, 02:21:38 PM
 #73

People actually says altcoin wont survive because of the volatility of the price. So very strong fluctuations and we could not tell the future of the altcoins. For some coins altcoin can survive those project that has a future and some will truly dead no value at all.

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KobbyC
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August 16, 2018, 02:23:41 PM
 #74

Don't allow fear to grip you by such comments. Those kinds of people who are always interested in criticizing cryptocurrencies will always be there. It is more good to trust your instincts. If you believe in a project, go ahead and invest time or money. Don't neglect and regret later on.
Cryptoguru274
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August 16, 2018, 02:32:48 PM
 #75

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 don't think that altcoins are going to die just like that,there are so many valid crypto projects that are set to help mankind, no matter the wrong ones that circulating around the cryptocurrency space. We believe that most of them will survive.

bit-freedom
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August 16, 2018, 02:42:19 PM
 #76

IMO, altcoins will survive, become better and marketcap will grow.This apply to those strong altcoins with active development.
Osakrita
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August 16, 2018, 02:45:44 PM
 #77

The price may eventually not matter much at the moment because a lot of the altcoins are developing viable communities or ecosystem that will give value to the altcoins. Many of the altcoins will survive the raid changing market
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August 16, 2018, 03:09:49 PM
 #78

im gonna say that almost alts are made of gaining profits for a while, those are not really serious in the future development. all they want is nonstop creating new project ro attract another people to join and invest their infinite project. but those are really creating a serious movement like in the top 10 on coinmarketcap.
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August 16, 2018, 03:28:23 PM
 #79

I think the survival or non survival of alt coins is highly dependent on the performance of bitcoin in the crypto market. As long as bitcoin keep dominating the market, alt coins will be at the receiving end. And the effect might be greatly felt especially on Altcoins that are not well ground.
shana95
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August 16, 2018, 03:29:33 PM
 #80

These days Altcoins have a hard time. But I don't think Altcoin will die forever. King of Altcoins, Ethereum also very bad when comparing the previous peak. But I believe they will survive. Many people these days collect Ethereum for future. There are 90% of ICOs runs in Ethereum blockchain. So with this huge dump, they attempt the sell their collected Ethereum funds. I believe that action also caused to make this worst. Another thing is many Ethereum ICOs don't have a chance to protect their tokens because of the Etherdelta and Folkdelta. Many people sell tokens very cheap prices there. So ICOs also have a bad time because of them.
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