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Author Topic: All ICO driven altcoins will drop to zero in the longterm. Just by logic.  (Read 500 times)
Veddi (OP)
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February 01, 2019, 09:23:32 PM
 #1

It´s completely clear that all Coins/Tokens will be valued zero. Why?

1) Because they are not securities. You don´t own any shares of the companies. You don`t get any dividends from their gains in the future (if any of them has the capability to earn FIAT money in the future).
2) ICO ... Initial Coin Offering, it´s just an other form of crowd funding. What´s the main problem with this approach? You finance the companies business operations. They must sell their tokens to sustain running their business. Or do you think they earn money other than in cryptocurrency? No, they don´t. It will last until all tokens are sold, then this companies are down and out. Simple. You sit on worthless tokens. Scams are just the rapid version of this process. Would ever a venture capital company invest FIAT into their business? Zero price is inevitable.
3) Point 1 and 2 are not clear for many users here ... It´s a big pump and dump scheme. Greater fools theory, not more not less.

Now I want to hear your opinions. We don´t talk about Bitcoin here, just about altcoins.
Sanford
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February 01, 2019, 09:27:40 PM
 #2

Well, you are right. As an investor, I do not participate in this process. Because I understand one principle. Cryptocurrency as a financial peramid, today it is tomorrow it is not. Whales swapping coins. All this is a game with our wallet. Do not be ill.
Veddi (OP)
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February 01, 2019, 10:23:54 PM
 #3

Whales swapping coins ... interesting aspect. It´s true that no fresh money is entering the markets (no way for big pumps actually, except manipulated ones - the famous bart pattern), so they trade internal by cryptos only. Whales are winning this short term trading game too.
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February 01, 2019, 10:39:54 PM
 #4

Well, some companies will be able to create worthy product with a big value and customer's base, some utilities will be on demand and I believe not all ICOs will end up 0 token price. Don't make the same analysis like you do for stock maket
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February 01, 2019, 10:59:38 PM
 #5

Whales swapping coins ... interesting aspect. It´s true that no fresh money is entering the markets (no way for big pumps actually, except manipulated ones - the famous bart pattern), so they trade internal by cryptos only. Whales are winning this short term trading game too.
In this capitalism era the big player will always become the winner in the various aspect. in fact that the power of money will give a lot of impact to the everything. Whales were manipulating everything in every moment. a lot of people know about that and this is not a big surprise.

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miropp
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February 01, 2019, 11:07:55 PM
 #6

There is some truth in your words. Previously, the projects were created to implement the idea and they were successfully launched, but now the situation has changed dramatically. I agree with you that most projects are just garbage and the cost of their tokens in the future will be zero. I also stopped investing in ICO.

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February 01, 2019, 11:17:13 PM
 #7

Well, some companies will be able to create worthy product with a big value and customer's base, some utilities will be on demand and I believe not all ICOs will end up 0 token price. Don't make the same analysis like you do for stock maket

there are still authentic projects that are running icos.
so yeah, i dont believe that all projects having their icos will end up to nothing.
but hard to identify which ones will survive in this tough competition

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February 01, 2019, 11:19:07 PM
 #8

it is a scheme that is often carried out by irresponsible developers, they do not do scams but they are not difficult to avoid the value of their coins after they get money, but even though not all are the same, there are some developers who think about the future of investors who have contributed to success they are, although a little but that will always be there

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February 01, 2019, 11:21:42 PM
 #9

That's why we need to analyze about how important tokens/coins for the project and assess the potential product offered by the team. When the tokens/coins is an important part of the project, it may have a good value at future. Moreover, if the project can improve its product well. In this case, I don't think the value of tokens/coins will go to zero. While for low quality projects that create tokens/coins only for fundrising, I agree those will be valued zero.          
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February 01, 2019, 11:43:46 PM
 #10

I think that to a greater degree you are right, many projects will die, but today there are high-quality coins that will live because their idea is really working and it is needed by many
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February 01, 2019, 11:53:33 PM
 #11

Not all ICOs  will drop to zero long term, if they have a working product which represent value.
Working product and active development team and community  insure the coin to grow.
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February 02, 2019, 12:49:00 AM
 #12

It´s completely clear that all Coins/Tokens will be valued zero. Why?

1) Because they are not securities. You don´t own any shares of the companies. You don`t get any dividends from their gains in the future (if any of them has the capability to earn FIAT money in the future).
2) ICO ... Initial Coin Offering, it´s just an other form of crowd funding. What´s the main problem with this approach? You finance the companies business operations. They must sell their tokens to sustain running their business. Or do you think they earn money other than in cryptocurrency? No, they don´t. It will last until all tokens are sold, then this companies are down and out. Simple. You sit on worthless tokens. Scams are just the rapid version of this process. Would ever a venture capital company invest FIAT into their business? Zero price is inevitable.
3) Point 1 and 2 are not clear for many users here ... It´s a big pump and dump scheme. Greater fools theory, not more not less.

Now I want to hear your opinions. We don´t talk about Bitcoin here, just about altcoins.

I completely agree with the ICO.. It's just a fucking Kickstart campaign. Useless things that you can even find in Amazon for less. But to stay on track, I like STOs better. And I've even invested in one myself. A Mining company called Elite Mining Inc . I get my dividends for what they mine, and the prices are really nice since they use eco electricity. Check my signature

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February 02, 2019, 12:56:38 AM
 #13

ICOs are like startup companies. Only about 10% of those are successful and the rest fail over time so choose carefully.
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February 02, 2019, 06:04:40 AM
 #14

1) Because they are not securities. You don´t own any shares of the companies. You don`t get any dividends from their gains in the future (if any of them has the capability to earn FIAT money in the future).
not at all. having shares in a company doesn't change the fact that it is failing. imagine a company (a real company not some dude calling his parents' basement, his company) that is on the road to bankruptcy because of bad business logic, if you buy the shares of that company, the company will still go under and the shares will be worth zero.

you see calling it "security" doesn't change the important fact that ICO tokens are useless! and that is why they will  drop to zero eventually.

Quote
3) Point 1 and 2 are not clear for many users here ... It´s a big pump and dump scheme. Greater fools theory, not more not less.
that is not how pump and dump works. the profit the ICO scammers make is party from pump and dump though. but the main thing about them is that free money they receive in a blinking of an eye without doing any actual work. about 95% of the ICOs are copy of the same code with a different name!

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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February 02, 2019, 06:25:52 AM
 #15

ICO has become useless over time,fake project is the order of Tue day for ICO now which make it too dangerously for any investment, i guess you are right.
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February 02, 2019, 06:33:58 AM
 #16

Unaccepted, the reason I don't like ICO is because almost 99% of them are based on erc20 tokens and they have to rely on the price of the blockchain owner which is Ethereum ,why can't ICOs rely on there own blockchain? But still we have good ones that still existed till date ,the problem presently is the market price ,if not you won't be saying all this .

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February 02, 2019, 06:42:21 AM
 #17

Likely to be happen so but not every ICO token because some of them are doing some development and they will be able to survive because they are focusing on utility token.
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February 02, 2019, 06:53:08 AM
 #18

ICO is not worth is anymore, it is taking a lot from people and giving a little or nothing back to the people because all we have now is projects that have got nothing to offer.
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February 02, 2019, 08:44:06 AM
 #19

It´s completely clear that all Coins/Tokens will be valued zero. Why?

1) Because they are not securities. You don´t own any shares of the companies. You don`t get any dividends from their gains in the future (if any of them has the capability to earn FIAT money in the future).
2) ICO ... Initial Coin Offering, it´s just an other form of crowd funding. What´s the main problem with this approach? You finance the companies business operations. They must sell their tokens to sustain running their business. Or do you think they earn money other than in cryptocurrency? No, they don´t. It will last until all tokens are sold, then this companies are down and out. Simple. You sit on worthless tokens. Scams are just the rapid version of this process. Would ever a venture capital company invest FIAT into their business? Zero price is inevitable.
3) Point 1 and 2 are not clear for many users here ... It´s a big pump and dump scheme. Greater fools theory, not more not less.

Now I want to hear your opinions. We don´t talk about Bitcoin here, just about altcoins.
Based on your logic, those coins that we buy or get in some way, you need to sell and hold them does not make sense, because their price will be equal to 0. I do not think so, because each coin has its own value, thanks to its technology, which is supported and enhanced by developers.

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February 02, 2019, 08:50:15 AM
 #20

No, an ICO tokem can also act as securities and if the project will go smooth and successful, then we can expect the devs to keep investing into their tokens hence there will be no need to keep on selling just for the reason of sustaining with their business.

If you study some random project on how they are doing with their tokens after ICO, then probably you might get only these conclusions. You must need to consider a real life application based project and their ICO for studying your logic. A good project and a generous devs team will never let down their early supporters. They will keep investing their profits into their tokens so that the value of their token will indicate the success of their business.

My simple logic : if an ICO token dumped to zero then you may assume that is a failed project and also it might be a planned scam too.
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