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Author Topic: Are old coins no more profitable  (Read 6012 times)
suzanne5223 (OP)
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August 26, 2018, 07:27:21 PM
 #61

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 don't think so because Amazon also droped more than 90% during dot com bubble but when we see now the price of Amazon that doesn't matter at all. And I am not saying every token or coin will recover to their previous high but i know some of the projects are really have huge potential and they are working hard to bring proper infrastructure to us in due time without concentrating on stabilising market fluctuations.
It depends upon the development , I believe that old Coin is the most potential Coin that we need to invest .It is all because some of the old Coin are fully develop and many people around as now holding old Coin and wait foe the best time to sell and earn. I believe that old Coin is amazing, we are now holding new coin to make it old and sell when it will fully develop and its price rise up high.
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.


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.

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August 26, 2018, 07:30:57 PM
 #62

most of the old coins will be more profitable to invest in since they have become so little in price compared to their supposed prices in the market and also when they were up for sales during their initial currency offering era.
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August 26, 2018, 07:32:22 PM
 #63

Not really, they have mooned at one point or the other, but they are certainly more stable than newly listed coins
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August 26, 2018, 07:59:07 PM
 #64

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

Profitable or not it all depends on the people who stand behind it. No matter how long they stand there, they will not have the opportunity to develop if their performance's never improved. In essence the success of a coin both old and new's largely determined by the performance of the developer.

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August 26, 2018, 08:26:11 PM
 #65

I think the old coins or tokens are still profitable but the current market is just a switch shift because some of the newly created coins or token fix some errors made by the old coins just like the upcoming Bitcoin cash fork which was said to amend the risks involved in maintaining the network as the mining of BCH which was affected by BTC mining.

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suzanne5223 (OP)
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August 27, 2018, 10:21:26 PM
 #66

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

Were talking about newly created tokens/coins here,meaning their admins and developers are active and the investors are looking goo forward towards their futire profit,thats why they have good faith.but you can see that 4-7 months ago is just the start of the year,and the all time high prices has just been ended so the fresh coin/token become the apple of the eye of investors specially when the dip happens when all of the old coins suffers bad shape
I agreed with what you said about the token/coins admin and developer but the coins/tokens in subject hit the CMC during the blood bath/market correction season or have you got that the market ATH ended last year?



You're not the only one that monitor the changed in the coin market cap list and the last I checked the new project which was implemented 1years back claimed 31 spot out of the top #100 coin/token listed on CMC while new project claimed 68spot from #101 to #200 coins/tokens listed on CMC.
Meanwhile, I believe the thing that cause this situation is the new project learning from the old project mistake.
Hmm. I guess you're right which was the reason why the Chinese support EOS over Ethereum. Nice count though Smiley

bjmpoker001
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August 28, 2018, 04:38:19 AM
 #67

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

It is no more profitable because the price on the market is dropping. Listing in CMC can rise the price, making it seems 'profitable' at first.
But if the project doesn't have any running product, then the coin price will falling and making it seems 'unprofitable'.

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Herbert2020
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August 28, 2018, 05:01:59 AM
 #68

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.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 28, 2018, 06:09:55 AM
 #69

I think that old coins have interests from old investors, so in most cases there is a big growth perspective.
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August 28, 2018, 06:13:13 AM
 #70

I do not think that old coins are not profitable anymore. The market conditions havent given permission for the market to grow at large. Old coins are still profitable in my own opinion.
eann014
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August 28, 2018, 06:34:03 AM
 #71

I don't think there is a problem with those old coins, if they are profitable then that is good, you can notice it in the graphic, just like bitcoin, it can still profitable even if it is too old. Maybe some coins do not profitable at the moment, but you can decide on your own which coin do you want to invest.
Ava Duvall
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August 28, 2018, 06:34:40 AM
 #72

In my opinion, current conditions do make the majority price of coins / tokens depressed. Do not look at coins for long or not, and I believe. As the crypto market improves, then the price of coins / tokens will recover
In a way, that is true and i agree. For example,no we are hoping the market improves so we can get bitcoins price up.
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August 28, 2018, 06:39:52 AM
 #73

Old coins are still more profitable but not generally in my opionion because they are more reliable than newer coins. They also have experienced developers and teams to overcome every new obstacle in the blockchain space. Coins are built with different ideas to solve existing problems.
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August 28, 2018, 06:41:33 AM
 #74

Some old coins that are open source can continue development via volunteer community members. The ones that are closed source have to rely on the coin price or ico slush fund to continue development. If those are limited then expect it to fall down the ranks

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August 28, 2018, 06:43:06 AM
 #75

Old coins are still useful and it should be treasured. But in terms of profitable, i think old coins are no more profitable since there are new coins existing. The new coins replace the old one which are more profitable than the old one.
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August 28, 2018, 06:46:38 AM
 #76

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 think they are still profitable since they have proven its worth to stay in the coinmarket capitalization..i also think that the developers were finding ways to improve their project creation to make their investors to trust more on the token or coins that they're taking risk of.

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August 28, 2018, 09:55:03 AM
 #77

I don't think so that old coins are more profitable, but to my own perspective the old coins are still profitable i think we can use it but not all the time their selected that we can use old coins, and even its a old coins but we still earn from it because old coins are still very much profitable.
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August 28, 2018, 10:11:29 AM
 #78

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

Mate as other coins are trending in the market it doesn't mean that Old coins are not profitable, yes they might be growing slowly but they will not easily lose their economy. lets hope for the best.

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August 28, 2018, 10:15:59 AM
 #79


I surely think that is not the case of old coin not being profitable but as we see the competitive among coins and those with rnovative team developmentwould always work hard to maintain their slot however, due to fluctuation and volatility of prices i surely see that anything will be possible but not necessary means old coin are not profitable.

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August 28, 2018, 10:28:04 AM
 #80

Every single coin can be profitable. It's a matter of news and the overall market situation. It doesn't matter when did this coin appear and what place on coinmarketcap does it have.
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