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Author Topic: There will be many tokens that go to zero.  (Read 18935 times)
Capt00
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March 12, 2019, 11:40:06 AM
 #321

I have plenty of useless token in my wallet and I also have some tokens that become worthless,
Most of the crypto that I hold started to drop down and now most of them are just design to my wallet Grin.
I feel you dude, I also have token in my wallet and dashboard but until now they are not listed and others are listed but become shit token.
Probably these kind of projects are scam exit or dev didn't want to recover from a dept. Because in the year 2018 started with a bull run and until now the market didn't recover yet so probably they also have a loss from their investment.
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March 12, 2019, 11:45:50 AM
 #322

Only coins that prove themselves will survive and be used which is good because it will stop people making pointless coins in the future
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March 12, 2019, 12:33:57 PM
 #323

Yes already many of coins have been dumped. Unlike in the past, the market now is becoming highly competitive and investors will not believe any project blindly. They need results and as a result, those projects failing to perform well will die ultimately. If we believe in reports, 80 percent of coins including ICOs have failed. So it seems majority of coins will be wiped off.

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March 12, 2019, 12:51:19 PM
 #324

Thanks to the market condition presently many coins and tokens are dead because they have no reason of existence in the first place ,they have no working products at all which is a good thing ,the remaining ones that refuse to die are strong altcoins and mind you many will still die so the market price collapse is helpful

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March 12, 2019, 12:55:17 PM
 #325

Many project do not have future. Going through some projects whitepaper you will see that the project is just a imaginary thinking. If the moderators/authorities can stop most of these projects before they hit the market, it will be better.
There is no regulation in this sphere and useless tokens are not restricted by anyone. Projects don't want to be regulated and there are a lot of meaningless tokens that have the possibility to go zero.
That's indeed and look at announcement section of this forum and so many coins that created by various personality has already appeared and that's so annoying for me. But we need more restriction in the tokenization platform.

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March 12, 2019, 01:01:26 PM
 #326

Unfortunately that is true. There tokens that went to zero but there still coins that survive and good for a long term hold. ICO's nowadays are just come and go or some are scams so investors preferred to buy once it hit the market.
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March 12, 2019, 01:22:46 PM
 #327

No, it has already began. In my wallet unfortunately i have more than 150 shitcoins. I could trade some of them but i did choose to wait and they just got fade away.. I believe that we have too many coins in the market and every new day new coins borning. In coinmarketcap there are 2200 coins and i believe at least 5000 more which doesn't exist in CMC. So it would be some big coin pollution in near future and it won't be something good!

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March 12, 2019, 01:45:30 PM
 #328

The reality of cryptocurrencies is, most of this projects were never created with the long term use in mind with majority being scammed projects while others are just too technical for the average user and others are targeting industries with solutions that are just too complex.

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March 12, 2019, 01:50:44 PM
 #329

Yes, I have invested so many tokens in last year, and I have found all the token have dropped almost 80% of value, I am all this shit coins will get zero in the future, but I never want to sell it in the cheap price.

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March 12, 2019, 01:58:27 PM
 #330

Most 'utility' tokens were simply created for the purpose of fundraising.
The actual ' utility' is sometimes quite questionable.

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March 12, 2019, 03:06:20 PM
 #331

Yes, I have invested so many tokens in last year, and I have found all the token have dropped almost 80% of value, I am all this shit coins will get zero in the future, but I never want to sell it in the cheap price.
I think you should think about selling everything at a cheap price or having a different plan to liquidate all those tokens, should not continue to hold because as you know, the value of this tokens can return to 0 in the future, and if we are patient, what we get is just meaningless tokens. Sell as soon as possible and you won't have much regret, then you should be prepared to invest in new projects because the disappearance and return to zero of these projects will be the beginning of new tokens to appear

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March 12, 2019, 03:36:39 PM
 #332

I think because of the usually problem of the projecr, the bounty distribution. Because of that biding starts at the very love price and the price will dump at the very long time.
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March 12, 2019, 03:40:05 PM
 #333

ICO experienced a boom at the end of 2017 - early 2018, which was followed by failure when prices dropped and state and federal regulators cracked down on projects that were in conflict with securities law.
https://cointelegraph.com/news/most-digital-tokens-will-go-to-zero-says-digital-currency-group-ceo

The majority of digital tokens will not have long-term value.

I assert that the non-potential tokens will be removed out of this cryptocurrency market in the year 2019. This bad token make an impact on the growth of cryptos market when a lot of ICO scam projects launched in recent time. And I wish that all of ICO tokens will be removed.

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March 12, 2019, 03:42:11 PM
 #334

Yes its correct too many tokens are going to zero or almost near the very low value & it’s due to some bad project & after a big dump in January 2018.
But it’s not a full stop because we have a lot of tokens which are surviving & maintaining their value even going up.
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March 12, 2019, 03:50:43 PM
 #335

Yep it's normal there are shitcoins and shittokens which were done to make money and sometimes many teams didn't even understand what would be their next steps but had done ICO just because it was very new-fashioned that time, now we have bad results of that, many investors with shittokens and lost money.


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March 12, 2019, 03:51:14 PM
 #336

Yes its correct too many tokens are going to zero or almost near the very low value & it’s due to some bad project & after a big dump in January 2018.
But it’s not a full stop because we have a lot of tokens which are surviving & maintaining their value even going up.

Such ideas were already available. As situation gets harder, those who can not survive will go to zero.  Already people have turned to more reliable currencies after the last fall and this will also cause.
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March 12, 2019, 04:24:18 PM
 #337

Yes, many will not survive, but we must understand that they were not created for profit, but in order to earn on us! The states have closed projects, but there are not many of them! Many will die, but the best will survive !!!

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March 12, 2019, 04:30:08 PM
 #338

Yep it's normal there are shitcoins and shittokens which were done to make money and sometimes many teams didn't even understand what would be their next steps but had done ICO just because it was very new-fashioned that time, now we have bad results of that, many investors with shittokens and lost money.

Their are hundreds of such tokens which every year will turn to zero or will continue  to turn this way as those are worthless coins which is created just for the sake of owners making some quick profits and not beacuse their would be any demand in future .
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March 12, 2019, 04:32:32 PM
 #339

Yes, some token prices will drop until it is worthless. This is always the case in the market. In the past bull season too, some token prices have fallen to 0 due because of the some reasons. Therefore, this situation is not only related to the rise or fall in the general market. And also this is not about all the tokens in the market. Because there are many token in the market that I believe will be successful in the long term.
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March 12, 2019, 04:37:35 PM
 #340

It seems to be true, because in 2019 there is no news that could really raise the market to a new level. Now you can only hear the negative news on TV and it's terrible. You must wait for the background change.
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