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Author Topic: Are old coins no more profitable  (Read 6012 times)
Risible
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August 28, 2018, 10:32:17 AM
 #81

Probably when market will rise, old coins will gain their value again but I don't think that some of old coins will impact to future with some solid evolments.  Undecided
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August 28, 2018, 10:37:42 AM
 #82

I think the old coin project that has begun to show its existence is a project whose platform has begun to be applied, or maybe the burning period has begun
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August 28, 2018, 10:38:48 AM
 #83

That is not the case at all, not all old coins seems non profitable and they are still doing their best on the market. Currently so called high ranked coins are struglling and that means the little ones will also have some hitches. But things will be well.
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August 28, 2018, 10:41:11 AM
 #84

old altcoins are in the dip, therefrore you cant get any profits on this, but it is not mean that this will take for long, after this bear markets all things will back to normal, all altcoins in top #200 list are proven profitable before, meaning after this year all altcoins will pump together with bitcoin.
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August 28, 2018, 10:41:18 AM
 #85

it seems to me that the old coins can still grow in price just now many coins are suppressed on the market I think with the growth of bitcoin other coins will also grow in price
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August 28, 2018, 10:49:39 AM
 #86

Definitely not the best for investment right now, but you can definitely still make a decent profit on some of the green runs, they don't come around too often because alts are getting hit quite hard right now, but there's definitely chances out there if you keep tracking the top 100 coins, you'll see a few jump up 10-30% per day, you just need to keep at it until you get a good one.

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August 28, 2018, 10:57:18 AM
 #87

In my opinion, all the coins are profitable what else is cryptocurrency. Especially bitcoin is a very profitable coin, bitcoin can help us in the economic field.
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August 28, 2018, 10:57:33 AM
 #88

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley

If your only in this for 'profit', then you probably have the game all wrong!

Yes the coin market cap top 200 has changed considerably within the last year...

Most real and genuine alternative crypto currency projects (some with massive potential) have been seemingly displaced, forgotten or abandoned over equally or more 'worthless' tokenization i.e. similar to derivatives in financial markets.

- https://en.wikipedia.org/wiki/Tokenization_(data_security)

..."The concept of tokenization, as adopted by the industry today, has existed since the first currency systems emerged centuries ago as a means to reduce risk in handling high value financial instruments by replacing them with surrogate equivalents."...

- https://en.wikipedia.org/wiki/Derivative_(finance)

..."In finance, a derivative is a contract that derives its value from the performance of an underlying entity." ...

So, now that the 'industry' has largely replaced long-term intrinsic value (proven in Bitcoin code), with short-term 'greed' i.e. tokenization and derivatives - how can we expect to truly leverage that original value or worth?

...

Between 2013 and 2017 I spent a lot of my time on this forum in the Altcoin boards - for good reason.

In one of my posts (which I will search for and {link here}) I stated that Bitcoin's value was now effectively backed by Pizza, Haircuts and Alt. coins.

In another post I also stated that most of these altcoin crypto currencies (bitcoin clones) would simply eventually disappear.

...

Avoid eventual de-tokenization and re-focus on what actually builds intrinsic value in the markets you are looking to 'profit' from.

Here is the original bitcoin.org website:
- https://web.archive.org/web/20100327210623/http://www.bitcoin.org:80/faq

..."What is Bitcoin’s value backed by?

Bitcoin is valued for the things it can be exchanged to, just like all the traditional paper currencies are.

When the first user publicly announces that he will make a pizza for anyone who gives him enough Bitcoins, then he can use Bitcoins as payment to some extent - as much as people want pizza and trust his announcement. A pizza-eating hairdresser who trusts him as a friend might then announce that she starts accepting Bitcoins as payment for fancy haircuts, and the value of the Bitcoin would be higher - now it would be backed by pizzas ''and'' haircuts. When Bitcoins have become accepted widely enough, he could retire from his pizza business and still be able to use his Bitcoin-savings.

Currently, Bitcoin is in beta development stage, and some new features need to be implemented before the system is well suited for real use. The system already works on the basic level, though, and you can trade with it if you want to."
...

That was probably written by Satoshi (or with his input), and yes whilst Bitcoin had to start somewhere ... do you see any mention of tokenization or derivatives in 'fake' financial markets. None whatsoever - just real world examples of actual 'local' currency being used buy people and businesses.

'We' have lost our way ...

The world's elite and the bankster's are asserting and utilizing (effectively stealing) Blockchain technology to their own ends ...

'Criminals' are continuing to create fake ICO's and 'SCAM's' for folks to 'invest' in ...

So, please continue to sell them your Digital Gold in exchange for representative Plastic Buttons and I will see you at The Restaurant at the End of the Universe.

*This post does not constitute financial advice whatsoever*

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August 28, 2018, 11:03:05 AM
 #89

The most old coins are bitcoins then etherium and then others and from last past moth rate of decrements is price of etherium is drastic and it will take a long time now to gain its past worth. New coins may be profitable may give you loss too.
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August 28, 2018, 11:18:06 AM
 #90

Yes, most of the project have a huge potentials which is why I'm very surprised that they loose there position on the capital market while Ethereum still maintain it position despite the problem the project is facing which lead to it dump in price. Why is it that the rest don't maintain there if they do still have the potentials as you said because to my know the market has changed after the blood bath and some old coin are out of the game.
ETH lost its position a while ago as traders moved to other coins. it is staying on top of the list on coinmarketcap.com because that website sorts coins based on their market capitalization and ETH has a huge supply of 101 million coins which keeps its market cap above of a lot of much better  coins.

it is the age old altcoin pump rule:
you can always pump small coins and cheap coins a lot easier than you can pump big coins and expensive coins.

in other words the coins that you see are stuck on top, the old ones, are already super pumped and have a big bloated price and market with lots of newbie bag holders which will crush your pump if you try it. so a as pumper they want to have an easier way of pumping things so they move to other coins. that is why they are always more profitable.
If I get you correctly, what you're saying is that the thing which happened to the old that loose there position was exactly the same thing that happened back in the time of bitcoin hard fork (BCH) when miners switch to BCH and Bitcoin was dumped in price? If that's the case but bitcoin don't loose it position.
i am talking about altcoins. bitcoin is not an altcoin!

altcoins are created to be pumped and dumped and because of that they have an expiration date. when they hit that date they slowly start being replaced by other coins. some faster than others and some hang on tight and remain near the top but continue to lose their position.
Ok. If youre referring to altcoin not bitcoin and of which all know nothing is promise forever. However, what i understand about altcoin is that they were created because of the appreciation and the love the altcoin owners have for the block chain network. What make you say altcoin are created to pumped and dumped?

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August 28, 2018, 11:22:13 AM
 #91

profitability does not depend on how old or new the coin is , rather profitability only depend on how the coin was built . let say if the coin was built to become a good at a certain service then there a high posibility that this coin can become indemand and that will result for its value to grow .

 speaking of old coins like bitcoin and etherium , well these old coins are still profitable even though their current value these days are still crucial . yet , there are still old coins that are not profitable at all .
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August 28, 2018, 11:23:53 AM
 #92

I dont think old coins may vanish right now, there are still on the lime it showed on the data that their still functioning and making profit to those who invest in this old coin..
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August 28, 2018, 11:25:12 AM
 #93

Nope, I don't think so. Old coin will be profitable as well as new coins
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August 28, 2018, 11:25:34 AM
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 #94

Yes, most of the project have a huge potentials which is why I'm very surprised that they loose there position on the capital market while Ethereum still maintain it position despite the problem the project is facing which lead to it dump in price. Why is it that the rest don't maintain there if they do still have the potentials as you said because to my know the market has changed after the blood bath and some old coin are out of the game.
ETH lost its position a while ago as traders moved to other coins. it is staying on top of the list on coinmarketcap.com because that website sorts coins based on their market capitalization and ETH has a huge supply of 101 million coins which keeps its market cap above of a lot of much better  coins.

it is the age old altcoin pump rule:
you can always pump small coins and cheap coins a lot easier than you can pump big coins and expensive coins.

in other words the coins that you see are stuck on top, the old ones, are already super pumped and have a big bloated price and market with lots of newbie bag holders which will crush your pump if you try it. so a as pumper they want to have an easier way of pumping things so they move to other coins. that is why they are always more profitable.
If I get you correctly, what you're saying is that the thing which happened to the old that loose there position was exactly the same thing that happened back in the time of bitcoin hard fork (BCH) when miners switch to BCH and Bitcoin was dumped in price? If that's the case but bitcoin don't loose it position.
i am talking about altcoins. bitcoin is not an altcoin!

altcoins are created to be pumped and dumped and because of that they have an expiration date. when they hit that date they slowly start being replaced by other coins. some faster than others and some hang on tight and remain near the top but continue to lose their position.
Ok. If youre referring to altcoin not bitcoin and of which all know nothing is promise forever. However, what i understand about altcoin is that they were created because of the appreciation and the love the altcoin owners have for the block chain network. What make you say altcoin are created to pumped and dumped?
I believe you guys are getting it all wrong because altcoin were not created to be pump and pump. Although, every markets or businesses have it own time of dip in price and the reason behind altcoin creation was to fix the problem which bitcoin transaction network had. An example are BCH, MONERO etc.

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August 28, 2018, 11:28:49 AM
 #95

There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?

Your opinion Smiley
i dont think so that old coins is not profitable, its all depend on the coin, if the coin is good then the more demand, high demand high volume, more volume, more profit. Its not depend on how old or new the coins is, to earn profit.

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August 28, 2018, 11:32:51 AM
 #96

I think there is dependably the likelihood of a more seasoned coin pumping. On the off chance that the undertaking is as yet progressing there is dependably the likelihood of accomplishment. I would hold them in your wallet and check intermittently. Odder things have happened.
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August 28, 2018, 11:36:26 AM
 #97

I think we can't exactly say like that. It depends on the project roadmaps and the quality of projects.  I have seen some old projects got boosed suddenly and can't say exactly
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August 28, 2018, 11:38:50 AM
 #98

Yes, most of the project have a huge potentials which is why I'm very surprised that they loose there position on the capital market while Ethereum still maintain it position despite the problem the project is facing which lead to it dump in price. Why is it that the rest don't maintain there if they do still have the potentials as you said because to my know the market has changed after the blood bath and some old coin are out of the game.
ETH lost its position a while ago as traders moved to other coins. it is staying on top of the list on coinmarketcap.com because that website sorts coins based on their market capitalization and ETH has a huge supply of 101 million coins which keeps its market cap above of a lot of much better  coins.

it is the age old altcoin pump rule:
you can always pump small coins and cheap coins a lot easier than you can pump big coins and expensive coins.

in other words the coins that you see are stuck on top, the old ones, are already super pumped and have a big bloated price and market with lots of newbie bag holders which will crush your pump if you try it. so a as pumper they want to have an easier way of pumping things so they move to other coins. that is why they are always more profitable.
If I get you correctly, what you're saying is that the thing which happened to the old that loose there position was exactly the same thing that happened back in the time of bitcoin hard fork (BCH) when miners switch to BCH and Bitcoin was dumped in price? If that's the case but bitcoin don't loose it position.
i am talking about altcoins. bitcoin is not an altcoin!

altcoins are created to be pumped and dumped and because of that they have an expiration date. when they hit that date they slowly start being replaced by other coins. some faster than others and some hang on tight and remain near the top but continue to lose their position.
Ok. If youre referring to altcoin not bitcoin and of which all know nothing is promise forever. However, what i understand about altcoin is that they were created because of the appreciation and the love the altcoin owners have for the block chain network. What make you say altcoin are created to pumped and dumped?
I believe you guys are getting it all wrong because altcoin were not created to be pump and pump. Although, every markets or businesses have it own time of dip in price and the reason behind altcoin creation was to fix the problem which bitcoin transaction network had. An example are BCH, MONERO etc.
In addition to that. If we check Satoshi mail list right before the implementation of bitcoin there's a lot of argument on there base on the protocol said by Satoshi. Example, some believed the block size stated by Satoshi is too small, so all this bring the birth of altcoin because altcoin are created to fix Bitcoin's perceived limitation while some pursue different purposes.

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August 28, 2018, 11:46:21 AM
 #99

indeed, old coins are now very far down due to the impact of decreasing bitcoin.
and just look at not old coins that aren't profitable at the moment but all the altcoins too.
 and we are waiting for the market to stabilize.
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August 28, 2018, 11:52:59 AM
 #100

It all depends on you reading the market situation. To get more profits from investing in old coins, coins will rise if the community is still large but now the community is starting to decline and nonprofits are not as good as the coins.
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