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Author Topic: There will be many tokens that go to zero.  (Read 18936 times)
Juse14
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February 28, 2019, 05:21:28 PM
 #221

The sad things i have some token example like 4NEW the ico ended and the price of the token was 2$, now 1 token only worth 2K Gwei Ethereum. They succesfull raised $50M the team was really happy but investor getting rekt

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dizzy1996
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February 28, 2019, 05:25:25 PM
 #222

To some extent, agree with you. There is a lot of competition on the market and not all projects can withstand it, there are also many other factors, an example is the onslaught among states since the issue of cryptocurrency has not yet been resolved.

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mahilchii
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February 28, 2019, 05:36:42 PM
 #223

Tokens are the one which is not for long-term it is always better to sell the tokens right away once it is listed, If you plan to hodl I am sure you will not be benefited as you thing, because I have went through this before couple of months I worked for an ICO project where I got nearly 90000 tokens when it was listed the value was $100, So I thought to hodl and now the value is nearly $10.

crenfrosck
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February 28, 2019, 11:50:52 PM
 #224

We definitely do not need a dozen of tokens for a single specific part of the sector. It would not be sustainable. Even the hard work is not always enough to be successful. Look at how many companies do not exist after 10 years. And that is so-called "stable environment," not this crazy crypto space Grin! Failing is a part of life and no one should take it personally. Grow up, learn from your mistakes, start over, or try something new: you are not limited, just by what do you think is achievable  Wink.

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Cryptrx
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March 01, 2019, 12:23:44 AM
 #225

It will take coins with experienced and dedicated team who work round the clock to perfect the utility of the coin to survive. The rest that have no interest in developing their projects into actual product will risk being inexistent in the coming years.

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wayaneka
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March 01, 2019, 12:56:35 AM
 #226

Too many number of ICO and tradeable token on the market but less demand and no working product, this thing possible to make some token going to zero. And tokens that already going to zero is fraud coin , so to avoid that we need to regulate this crypto market. Tokens can be going to zero and nearly the samething like in stocks market that the value can be drop to more than 90%, so risk management will become the most important thing to avoid big loss when we make invest in these asset.

MrGGates
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March 01, 2019, 02:58:12 AM
 #227

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.
yes, it's true that only a few ico become long-term projects and keep running according to the roadmap, and most ico if already listed in the market will be let by the team
audyearls
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March 01, 2019, 03:17:58 AM
 #228

It could be true if in the future there will be lots of tokens that are worth zero, tokens with good value will survive while those that cannot maintain their value will be forfeited and I think this is reasonable because of market influences too
wedosgibas
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March 01, 2019, 03:39:37 AM
 #229

True, those who still walk according to road map and continue to develop and are active will try to survive in the market. It's better to have a large community.
Amalker
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March 01, 2019, 05:08:47 AM
 #230

That's right, many ICO's was a real scam and other part of ICO projects just spend or lose their funds and can't do continue develop the project. So their tokens go zero and many investors stay with nothing.
mornabo
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March 01, 2019, 05:16:45 AM
 #231

This bear market we have seen many tokens which went to 98 percent down and even to zero even exchanges are struggling to handle the trades but once the eth price bounce back to 250 dollars we can expect again gain in prices
difficult conditions like this making a lot of cryptocurrency, not only projects ICO, experience decline in terms of price and rate, of course it's natural, some projects may experience shocks, even many of them die or go to zero because they can't survive, so look for a strong project dude!
princeyeboah
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March 01, 2019, 05:23:22 AM
 #232

There are already some tokens that have gone back to zero prices on the market. Sometimes it is due to the fact that these coins do not have any real life usage, thus there is no product which backs these coins or the product may not be of high demand to the general public. This is one of the most important factors which keeps a coin alive on the market.

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Kang Bahar
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March 01, 2019, 05:28:00 AM
 #233

Never mind token, the coin without development and no demand in the market at all, will go to zero or the worse thing is the coin/token will die, for sure.
kiansantan
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March 01, 2019, 06:08:31 AM
 #234

This is my anxiety. The number of new tokens popping up, while the old token is not handled. So the value of the new token is not necessarily successful. And the value of the old token is not worth or zero. The old tokens should have been tried to increase in value without having to create a new token.
Mianae
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March 01, 2019, 06:17:12 AM
 #235

This is a known fact most projects don't need blockchain technology some others don't have utility some are scams. It's natural they die off due to lack of utility or lack of funds to continue their development.
sekop
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March 01, 2019, 06:36:23 AM
 #236

If the token does not have a volume and the enthusiast does not exist, the token will be zero and useless. So this condition will give a negative thing to the holder, so before the token becomes zero we must immediately throw it away.
Naturally, if the token in the list becomes zero because it is not able to develop and there is almost no interest from investors.
Averaged
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March 01, 2019, 05:26:09 PM
 #237

To survive an altcoin needs to have some kind of USP and I do not believe that all the 2000+ coins currently listed on coinmarket cap all have some unique USP that will power them to success.
nangiarushali
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March 01, 2019, 05:42:09 PM
 #238

True. Cryptocurrency market is very vast. The vastness keeps on increasing because if every day 10 new coins or tokens are launched 5 are gone to zero also. .

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Aleksandra Gurskaya
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March 01, 2019, 06:09:12 PM
 #239

This was expected, because sooner or later, many people see that there are no products behind a multitude of projects, and therefore no one needs their coins and they will not be worth anything.
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March 01, 2019, 06:18:23 PM
 #240

Not having long term use is expected because during the boom a lot of project started off on a wring footing just to get into the market without strong background use. Projects like that ended up disappointed investors. These are all good because it finally make a better project to come out

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