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Author Topic: Will 90 percent of the coins die?  (Read 2951 times)
cryptopizza9010 (OP)
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September 20, 2018, 07:27:31 PM
 #1

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?
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September 20, 2018, 07:30:58 PM
 #2

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?


This is not right actually today you may find the Bitcoin value dumped and all the token/altcoins dumped and vanished but this will not be retained all the time. You will find the cryptocurrency marketplace grow bigger.
It will be provide the coin and price circulation more on every cryptos.
Finally the cryptocurrencies only win and rule even the banking system. I have big hope on bitcoin and alts.

 
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September 20, 2018, 07:31:20 PM
 #3

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?

Nobody can say for sure, but like most ventures it is likely that some will fail. Only the best cryptocurrency projects with the most active development will be successful. You need to find the coins with the best team and technology.
cryptopizza9010 (OP)
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September 20, 2018, 07:34:57 PM
 #4

I honestly feel bad for many great projects they have an amazing team, they have spent so much and they have a great concept, but it is a long term plan so it takes time for them to come up. If they don't make it in time, they will just go in vain?
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September 20, 2018, 07:36:03 PM
 #5

I do not think that it will be that simple, bitcoin has still a long way to go, regarding altcoins if you are not holding low quality coins then you are safe, although altcoins are more risky but at the same time they can earn us bigger profit during a bull run.

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September 20, 2018, 07:40:22 PM
 #6

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?
When bitcoins price dump then its quite normal for altcoins to go in the same path where most of them dump out too together with bitcoin but it doesn't signify that it would really die. There might be lots of shit tokens in the market which doesn't have value but if you do try to look at on CMC you will able to find lots of them do have buyers and sellers or simply means still active and been supported by the community.

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September 20, 2018, 07:41:34 PM
 #7

Where did you get and read the news ?? I think that's not entirely true. You should need to do research with the aim that you get a source of information or at least predictions about Altcoin that you specify in your own mind. Do and choose the best according to your own.

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September 20, 2018, 07:45:34 PM
 #8

That would be quite harsh if 90% of coins will die. If we take a scenario in which some new technology will replace the blockchain technology in the future. Then there might be chances that most of the people will lose interest in that particular coin. But for now many coins have good community support and I can't see these coins disappearing in next 5-10 years.

cryptopizza9010 (OP)
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September 20, 2018, 07:49:25 PM
 #9

So what about this bitcoin bubble people keep talking about. And the fact that it will burst?
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September 20, 2018, 07:55:06 PM
 #10

If it's really Bitcoin Bubble Burst and will explode then surely end of the crypto. But really I don't think it's bubble like that. If you think this will be happen then good to stay away from the market. If willing to invest then BTC, ETH, Monero, EOS, XLM and XRP are best choices in my opinion.  Cheesy

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September 20, 2018, 08:05:16 PM
 #11


       Unfortunately, with BITCOIN, he suffers the coins altcoin. The market is in a drastic devaluation, but this will not endlessly. The crypto market will grow again. I think it is still a good time to invest. If we think the crypto market is becoming more and more popular with people around the world and bitcoin is beginning to govern the banking system in some countries, we can only be optimistic. If it was a news, then you read a fake news.

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September 20, 2018, 08:08:58 PM
 #12

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?

Due to the explosion in the popularity of cryptocurrencies, every developer and their brothers, it seems, are having a go at a coin project.

Discord, Telegram, and Bitcointalk are loaded with projects like this.  The best way to get a feel for this is to lurk around several new coin's discords and see how the developer reacts to questions, how the community reacts to different things, and the general progress of the project itself.  It is not very common to join a new coin and have good feelings about it all the way through to maturity.  There are road bumps and challenges in every single project out there.

Of course there are bigger fish to slay that you won't find on Discord, but it all boils down to gut feelings, experience, and what you can see happening.  Some projects seem destined to succeed.  They have great crews, professional developers, graphic artists, etc.  But success of those isn't even guaranteed.

The point I'm trying to make is projects fail for so many more reasons than people are aware of, that, in a way, you have to commit time and soak everything in before you can make decisions so it always involves a small commitment of time and sacrifice, plus experience a little luck.

Add in all the scam projects, the developers who are just cutting their teeth learning, and even experienced devs who end up hitting unforeseen roadblocks, and you have what still amounts to the wild, wild west of the crytpo-space in the world today.

In the end, do not be surprised if only 10% of the projects you get involved actually make it to the big time.  It's a long, grinding road for projects, but there is no shortage of developers willing to step up to the plate.

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Omooba098
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September 20, 2018, 08:18:58 PM
 #13

Though it might be true that not all tokens would survive this downturn in the market but not 90% of the tokens would die.
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September 20, 2018, 08:23:36 PM
 #14

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?
if there's anything you say, take a good look. here's what you're gonna do to make your investments smart. you'il put your capital in the first three rows. if you have such an expectation now. BTC, ETH, XRP
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September 20, 2018, 08:23:51 PM
 #15

Why then the majority of coins which were already dead in 2014 pumped like crazy in 2018? What are the chances that the history is going to repeat itself? I am not talking about confirmed scams like Bitconnect, I am talking about forgotten shitcoins without any development. They have skyrocketed in value during the last 2 years.
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September 20, 2018, 08:24:55 PM
 #16

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?

That's a phrase to indicate that a LOT of coins are actually with no purpose and won't survive in the long run. Maybe is not 90% of the industry, but it's surely a huge share of the total.

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September 20, 2018, 08:26:34 PM
 #17

I think the figure could be right, because from every 10 businesses 9 would fail and this make 90% failure, it could even be higher in this space because some projects are obvious scam and this could skew to failure side.


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September 20, 2018, 08:28:44 PM
 #18

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?
How did you know that there is a bitcoin bubble burst by the way? They kept on saying that bitcoin is a bubble and it will burst soon but somehow it does not happen, bitcoin is doing very well though there are times that it dip but somehow it's a normal thing.

If so how can i choose to invest in coins now?
Research on your on this one, it's your money and don't trust it to anyone else. Remember that investing is really a risky thing here in crypto world.
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September 20, 2018, 08:30:42 PM
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It is not dead yet, as it is still traded on exchanges, but theoretically most ICO projects are unsuccessful, and only a few can thrive.
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September 20, 2018, 08:47:13 PM
 #20

Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?

I don't know true this or no and no one know, but this is logical.
For investment will learn about projects in which you want to invest
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