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Author Topic: People say altcoins won't survive  (Read 6357 times)
seggardinggins
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August 21, 2018, 04:30:44 PM
 #321

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!
If you look at the current market situation it is not surprising that many people are predicting this because the condition of the altcoin is now very bad, but their pressures can be wrong because crypto is full of mysteries and surprises and I am still waiting for that surprise
dsc
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August 21, 2018, 09:29:16 PM
 #322

Unless there is a purpose to stake or trade it, they will die out. (A huge portion)
James678
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August 21, 2018, 09:31:43 PM
 #323

It is true, mate. only a few altcoins will survive, and like 90% of altcoins are nonsense. i don't see any potential in majority of them.
What about top20 alts, those will survive!
Eddi45
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August 21, 2018, 09:38:58 PM
 #324

Don't be moved by what people always say because i have noticed the crypto market is driven by sentiments. as long as you trust a project you have invested in, make up your mind and wait for profit else you'd sell at loss if you continue listening to what people say.
Harz58
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August 21, 2018, 09:51:49 PM
 #325

If you truly care about your investment then you should make researches and find out if the project you invested in can stand against its competitors. There's nothing wrong in believing in a project and standing beside it. But you shouldn't attach any emotions to any project. If it shows signs of unavoidable doom then it is advisable to jump ship. A lot of projects are out there with almost no defined use case. So let the best win in the long run.
sunbeam1888
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August 21, 2018, 10:06:21 PM
 #326

This is not true, as they can die if they appear daily on 5-7 pieces new. Huh
mikkev01
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August 21, 2018, 10:07:49 PM
 #327

I guess it really depends on what definition of "kill" or "survive" you are using. I mean, these coins could lose all practical relevance in terms of the users and business - and most have. But the networks continue to function just fine even with just a handful of nodes - they can basically just run on fumes for as long as necessary. And of course, that also means that they could return to relevance in very short order if there was widespread coordination. Dogecoin hasn't been relevant for a while now, but it still works fine and could become the dominant network tomorrow if everyone just agreed that they wanted it to be.
Sanugarid
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August 21, 2018, 10:10:40 PM
 #328

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!
It is just there speculations due to the current problem in the market. I do think that altcoins will have a hard time to recover but surely, it won't come on its end. There are altcoins which are having strong community which would help the token itself to withstand the difficulties that the market is currently experiencing.

Valareos
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August 21, 2018, 10:33:47 PM
 #329

I am sure they will. Not all of them, of course, only the most popular ones, but it is just what we need, potential and beneficial coins.

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Virtuxq
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August 21, 2018, 10:38:20 PM
 #330

I don't think the altcoins will cease to exist. promising altcoins will continue their development in the cryptocurrency market. and those altcoins that have lost their value will leave the world of cryptocurrencies.
waitforme
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August 22, 2018, 07:50:24 AM
 #331

Everyone has their perception. But this is a true statement, every day there are many Altcoin removed from the exchange sites and removed from the CMC. All of these Altcoins are no longer of interest to anyone, and no trade has ever taken place, which is why Altcoin can destroy.

Tiger750
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August 22, 2018, 07:52:27 AM
 #332

I think most wont survive, we need the useless projects to die off, then we can experience healthy growth in great projects
cheese_x
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August 22, 2018, 07:55:22 AM
 #333

I think the survival or non survival of alt coins is exceptionally subject to the execution of bitcoin in the crypto advertise. For whatever length of time that bitcoin continue overwhelming the market, alt coins will be in a bad way. What's more, the impact may be significantly felt particularly on Altcoins that are not well ground.
Nakedbitcoin
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August 22, 2018, 08:03:11 AM
 #334

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!

If you want to earn more profits,  then don't let others critics people destroying your faith. Just continue and focused your investment in altcoins. Just select the right coins because it will gives you a nice profits in return.
Tiger750
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August 22, 2018, 08:11:32 AM
 #335

I think what people mean, is that most projects will eventually fail (as is normal), but the small few who survive will excel and do very well
absenter87
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August 22, 2018, 08:25:00 AM
 #336


In general, yes, of course, not all altcoys will survive because there are many frankly bad projects that are launched only to raise funds and no more money!
cryptokingKG
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August 22, 2018, 09:07:06 AM
 #337

Yes that's sure many altcoins will not survive for long but Altcoins do have future and when we say Altcoins will take over bitcoin we see the potential in Altcoins and their uses. Which bitcoin may lack. SO, ALtcoins will stay in the market for long Not all but some will definitely stay here. Who knows when Altcoins will dominate bitcoin. As in the number of transaction, ETH has already surpassed bitcoin

musta5a (OP)
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August 23, 2018, 08:57:09 AM
 #338

Yes that's sure many altcoins will not survive for long but Altcoins do have future and when we say Altcoins will take over bitcoin we see the potential in Altcoins and their uses. Which bitcoin may lack. SO, ALtcoins will stay in the market for long Not all but some will definitely stay here. Who knows when Altcoins will dominate bitcoin. As in the number of transaction, ETH has already surpassed bitcoin

right, altcoins have often better features than bitcoin as they fork the whole blockchain and usually optimizine and add something. But I don't think it should mean to focus always on new coins coming, would be really confusing. We need one cryptocurrency that can be used worldwide.

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Tukang Becak
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August 23, 2018, 09:18:38 AM
 #339

I sure altcoins will survive, many people speculate about the future of crypto, even many say that crypto will not last long, this is what makes many users panic because they think that the prediction is correct.
AiwonOleh
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August 23, 2018, 09:20:20 AM
 #340

Now in the market a very difficult period as we see all the coins have fallen in price and therefore you can safely say that many different coins simply will not be able to survive this correction.
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