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Author Topic: Will 90 percent of the coins die?  (Read 2876 times)
Emmy92
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November 13, 2018, 07:45:49 PM
 #261

I don't know the statistics of the projects that will fail, but one thing is sure, any project without true value or without relevance in the crypto space will fail. Just like in the real world, when something lacks value its bound to fail.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Mianae
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November 13, 2018, 07:49:19 PM
 #262

Many cryptocurrency out there is without usecase when the cryptocurrency market becomes what it's really meant to be, many coins will fade out naturally.
donass1
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November 13, 2018, 07:50:37 PM
 #263

I have been around cryptocurrency and blockchain for a while and I have learnt a lot since there. I have learnt that any coin without a minimum viable product will die a natural death and trading alone can't sustain it. I can't give the actual percentage of coins that will die off sooner or later but any coin without an 'mvp' will die

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November 13, 2018, 07:52:34 PM
 #264

Maybe this is true that in the future there will be some coins that will die but I don't think up to 90%, only coins that have good potential will survive and weak coins will die, we must be good at analyzing a good coin

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bitcoin.clakr
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November 13, 2018, 07:54:00 PM
 #265

Unfortunately it's true. It seems to me that there will remain only those coins that can be embedded in people's lives. But there are very few such coins.
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November 13, 2018, 07:54:38 PM
 #266

90% is a really high percentage, to be honest, but I wouldn't be surprised really. A lot of coins just popped out during 2017 when ICOs were a super easy way to make money with. The hype that the coins had isn't there anymore and a lot of crapcoins will indeed find this fateful.

Also, a lot of useless copies of coins that aren't any much better than the original coin they were based off from.

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November 13, 2018, 08:09:08 PM
 #267

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?
Definitely in the future we will use only the best developments that have coped with the competition. Now we are seeing an increase in a very large number of projects. Some of them have the same goal. We have to watch them and have time to invest, if you want to earn. However, I am already sure that it is worth buying bitcoin and Ethereum. These two coins definitely deserve everyone's attention. They have a great future.
Antiplus999
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November 13, 2018, 08:11:57 PM
 #268

Unfortunately it's true. It seems to me that there will remain only those coins that can be embedded in people's lives. But there are very few such coins.
I also think that now the market is just overflowing with useless tokens that carry nothing useful. And I think that soon they will start to depreciate.
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November 13, 2018, 08:25:05 PM
 #269

I do not think that 90% of the coins will die. It seems to me that there are much more quality projects and they will survive. I believe that the cryptocurrency will actively develop.

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November 13, 2018, 08:57:47 PM
 #270

More likely to happen if bitcoin keeps declining the market but as of now i think it is at 60 to 80% of the altcoins are dead and won't ever have a chance to get back again. It is still the best to invest in bitcoin where bitcoin price is not that too high but yet cheaper than it is over the last year of bitcoin.
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November 13, 2018, 09:00:08 PM
 #271

I don't think thsi percentage is right, at least 50% will continue to exist and don't forget that people create new coins everyday

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November 13, 2018, 09:04:10 PM
 #272

Most likely it will be so. It is already clear that a lot of coins went to the bottom very quickly, we don’t even hear about many, and their price indicates that they are likely to remain at the bottom. If you want to invest in such a market, then do it in proven coins, it will give you a guarantee of at least some.

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renemagritte
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November 13, 2018, 09:05:49 PM
 #273

Yes I believe they're gonna die. Because they are either competitor of some other coin (that only one of them can survive) or pointless, doesn't do anything. But competition will bring us the best projects, best use cases then world will become decentralized. This is what I believe Smiley
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November 13, 2018, 09:06:25 PM
 #274

We can not know that actually because yes there are too many coins but also their teams are working hard for their coins. Surely there are some scam ones but 70 80 percentage of coins teams working hard for their products. So if world will start to use blockchain more than before these coins may not be die in the future. That is related with adoption.

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beehimneff
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November 13, 2018, 09:14:56 PM
 #275

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?

To begin with, how can you be so sure that bitcoin is a bubble and it will soon burst? OK, let's assume that bitcoin is a bubble. Why does he have to burst any time soon? The dollar, too, every year bury, and he still lives and all well. Wink
zerocashdev
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November 13, 2018, 10:07:50 PM
 #276

Most likely altcoins will not die because Bitcoin will no longer be as popular as it was and a new coin will be released on a new plan that will eventually conquer the top of the market!
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November 13, 2018, 10:11:11 PM
 #277

You would be surprised how many coins that were thought that resurfaced and had a little pump, angry by can happen in this s world.

I do think long term that a lot of people here coins will die off and we will have the decent ones left.
dipeco
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November 13, 2018, 10:13:37 PM
 #278

I think so, because for me, the only projects that will survive in the next five years, are these projects that will have a working product. We need more progress in our industry and more innovations in form of working apps, platforms, and devices.
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November 13, 2018, 10:29:54 PM
 #279

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 percentage is correct, most coins fail after being in the market for less than a year, this is why it is common knowledge that if you want to hold coins for the long term there is only one coin that can do such a job and that is bitcoin every other coin could disappear overnight and you could lose all your money something that is not very reassuring to me.
angelica laura
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November 13, 2018, 10:56:13 PM
 #280

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 think you need to think about things that don't necessarily happen. If you want an investment, why don't you invest in a safe place if indeed it will happen. Lost 90% altcoin Huh that is very unlikely.

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