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Author Topic: People say altcoins won't survive  (Read 6362 times)
DarkHerO15
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September 17, 2018, 12:58:05 PM
 #841

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!
Maybe their point is that there are too many fakes and failures, and they are right. But if altcoins disappear, there won't be any crypto market, there will be just Bitcoin market. And I don't see it happening: the idea went too far to disappear.
jakiro.hovard
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September 17, 2018, 01:00:12 PM
 #842

Do you really believe these people? of course there is some truth in their words, because we all understand that every project that appears on the market is unlikely to really survive, as there are so many reasons for this, but there is still a possibility.
florinda0602
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September 18, 2018, 04:47:13 AM
 #843

People say altcoins won't survive? some people say that altcoin can not survive but still believe in altcoin's ability because altcoin benefits are still high so we can not say that it has no hope of return or survival in today's situation.

I do not believe with what people say that altcoins cannot survive. Its been a year since altcoins started but up to now its still standing, and I am sure that it will stand up so long..
truongdhnh
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September 18, 2018, 04:55:31 AM
 #844

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!
In my opinion there are many reviews and thoughts on the future of the Altcoins because. Altcoins can not operate independently and they depend on the price of Bitcoin primarily. It is that dependency that Bitcoin has reduced so much that the Altcoins will die. I think Altcoins will not die but only some but besides that they have to find ways to not depend on Bitcoin to survive.
Scambusterz
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September 18, 2018, 05:00:41 AM
 #845

I do not doubt that many crypto-currencies will fail. However, not all altcoins will die. There are a lot of crypto-currencies that can compete with bitcoin and survive even after such market falls.
kahrde
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September 18, 2018, 05:01:33 AM
 #846

Altcoin will survive because they also have their respective interests, I know they are only followers of bitcoin but they have the same goal of wanting to advance the world of cryptocurrency together.
ci1990
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September 18, 2018, 05:04:20 AM
 #847

People always say that during Bear Markets. Imagine if altcoins don't survive then how will people earn money ? How will this game go on ? BTC itself is not enough for the market. When BTC reaches new highs then that money flows from BTC to Alts for more profitability. People wouldn't stop the altcoin game.

cryptocrypt
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September 18, 2018, 05:17:48 AM
 #848

Altcoin depends on the developer itself, seriously what he doesn't make. Because all this time I see Altcoin can't survive (other than scams etc) because it's not good managed properly by the developer or his team, eventually the community went away.
deus030518
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September 18, 2018, 05:24:30 AM
 #849

For me it is not true that altcoins won't survive because if there are many people who believes in crypto then it will survive and it will strenghten its value to the investors. There are too many people that are promoting the crypto then it will survive so don't loose hope that the crypto will die, just think positive.
Salesman4coinZ
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September 18, 2018, 05:24:43 AM
 #850

They a re true. Can be sure that 95% of all altcoin will not survive the next years. And you know why? Because they are absolutly shitcoins. They are so many coins and tokens with absolutly no value behind. They are just created for one reason: To make money. If you have some coding skills, you can easily launch your own cryptocurrency. And that what everybody is doing in hope to make big money!
MOProgress
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September 18, 2018, 05:28:15 AM
 #851

Yes I agree with them, Most altcoins won't survive this bear market, it is only those projects with high value that will survive this bear market.
DesertOasis3
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September 18, 2018, 05:29:19 AM
 #852

Pretty much a direct comparison with new business startups, most of them fail within the first 12 months so I would expect a lot of the new crypto altcoins will also fall by the wayside. However, some coins that are representing sound real-world businesses will thrive and become established, just a case of finding the right ones to invest with.
miklesm
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September 18, 2018, 05:35:35 AM
 #853

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 think that the most of the altcoins will die in the future and only the strongest coins will survive. Currently, there are too many useless altcoins which will never be used in the future, so they are likely to die at one moment.
MiChaeng
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September 18, 2018, 05:35:47 AM
 #854

It is only said by people, do not easily believe the words of people just like that, as a trader we must be wise and smart in handling things like this. we have to track the truth of the news by ourselves whether or not it is true, it could be that people want to destroy crypto, I think there are still many altcoins that will survive and arrive.
Creedact
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September 18, 2018, 05:40:33 AM
 #855

Bitcoin is a bubble. That was the statement i heard alot and still there are alot of people who don't want to accept cryptos. Don't bother about anyone, Cryptos are the evolution of the financial system and that is always one way. So don't worry, only scams will disappear but the solid projects will remain there.
Bluex4
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September 18, 2018, 05:46:17 AM
 #856

Most powerless altcoins will die this bear market situation , many powerful altcoins projects are alive in the cryptomarket so definitely these altcoins will survive this is not end for all altcoins.
NewBet
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September 18, 2018, 05:53:34 AM
 #857

That is wrong, there are altcoins that won't survive but there are those that will still be here as long as bitcoin is still here and as long as bitcoin exists then people will always be making new altcoins anyway. A lot of the scam coins are the ones that are going to die out leaving investors with a lot of useless coins that they can neither sell nor use
Divere1996
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September 19, 2018, 04:03:20 AM
 #858

perhaps a few but not totally all altcoins due to the fact that there are numerous who are doing exquisite thus far and are having potential of top notch earning like bitcoin. As an investor or holder of altcoin,we must do away with poor thoughts like this yet nonetheless be careful as to legitimacy of such coin we've invested.
YMaverik
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September 19, 2018, 04:21:41 AM
 #859

only those alternative coins that have a real product with the prospect of being accepted in real life will survive. fan coins, like DOGE, or not carrying real value, will die and now exist only for speculative purposes.
yeniruieni
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September 19, 2018, 04:56:12 AM
 #860

Altcoin that will last is a coin that has the potential in the Exchange. So that a product is very important and they can also be viewed from the quality team they have. Altcoin are currently destroyed because it does not have a good team and not being able to compete with the other coins. And every following project you have to look at the quality of the team and a real product.
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