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Author Topic: new coins are worthless!  (Read 29724 times)
bhabygrim
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April 03, 2019, 03:44:22 PM
 #281

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
New project doesn't have enough supporters to back up the price.
Yup they might reach their soft or hard cap but that's all after that their investor isn't going to support them at the market.
I think they just need to prove their project is worth it make sure that their road map is being followed so their investor would really love to hold their token/coin.

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April 03, 2019, 03:49:57 PM
 #282

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April 03, 2019, 04:15:00 PM
 #283

I believe that you should always remember when a coins arrives to exchanges first time their price would go down usually. Specially the bounty huners sells their bounty conin is first day and there would be dumping. Also after Project ends we need to give it a time for developments. At least 2 years we have to give.. It is all the same for the investors and for the bounty hunters.
indeed a bounty hunter can be a factor in the fall of the price of a token at the exchange but you should at least be able to see several other factors that can occur such as the platform does not have good development and like a team that is not responsible for token prices and other factors.
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April 03, 2019, 04:46:32 PM
 #284

yes some new coins are difficult to grow and many of them died or there were no interested people, they may lack support and when entering the exchange for the first time the price always goes down so the team should work extra when entering the exchange to attract more enthusiasts.

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April 03, 2019, 07:21:19 PM
 #285

Not all coins are worthless. There are other coins out there which are existing for a long time and yet they are more worthless compare to those new coins.

I think there are factors that will make a coin worthless like how the team is working. Do they continue to develop their project that they started? If they not then its a worthless shit coin. Another one is the community, is the community large? Is the project have many supporters and investors? If yes then its a good coin. One more is how will the coin help the people. There are coins out there whose purpose of creating is useless and its not helping people. There are some coins out there that have been created to be used by the people in everyday use.

Yes, I do agree with it. Do you remember EOS? It is a pretty new altcoin. When it appeared, no one could even guess that the project would be so successful. probably, some new cryptocurrencies will be also cool.
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April 03, 2019, 08:30:50 PM
 #286

yes some new coins are difficult to grow and many of them died or there were no interested people, they may lack support and when entering the exchange for the first time the price always goes down so the team should work extra when entering the exchange to attract more enthusiasts.
I think so too. And, therefore, it would be very reasonable to make a bounty campaign after the coin Lists on the exchange. so that people start to increase volumes
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April 03, 2019, 08:35:32 PM
 #287

True to some coins but not all. There are really good project behind some coins and they are making it to the end greatly but you are right there are some new coins that are after being listed in exchanges, just can't go forward in price and sometimes they are just being buried into forgetfulness to the point of becoming stagnant or close to dead. I have some coins like these and they are in my wallet for keepsake. A collection.

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April 05, 2019, 03:35:42 PM
 #288

I had the same situation. I have your wallet 70-90 different coins and they all when something was worth a certain amount. But at this time, 60% of these coins have depreciated.
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April 05, 2019, 04:07:36 PM
 #289

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.

Maybe not, I see platforms before that are encouraging the buyers and sellers up to a point that the price is consistent, also it was implemented on their website to limit the price to a certain amount. In that case, bounty hunters and investors don't have the chance to dump that particular coin.
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April 05, 2019, 04:14:25 PM
 #290

especially coin from ico campaign, because today is so easy to develop token using popular platform like Ethereum, EOS, Waves many people and organisation make ico campaign using this platform and born shitcoin/token and make them useless without nothing any value in market, but i don't talk all coin/token from ico campaign are worthless.  Wink

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April 05, 2019, 04:28:17 PM
 #291

yes some new coins are difficult to grow and many of them died or there were no interested people, they may lack support and when entering the exchange for the first time the price always goes down so the team should work extra when entering the exchange to attract more enthusiasts.

With a marketcap of less than $ 1 trillion actually we don't need too many coins, too tight competition makes many altcoins die and look worthless.

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April 05, 2019, 04:41:28 PM
 #292

Why they are worthless ? If the coin brings profit to someone, then it is not worthless anymore . Even if it's not tradable on any exchange it was sold to investors for a certain price and made a profit to those who did it, which means it is not worthless .
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April 05, 2019, 04:45:42 PM
 #293

It's not all of coins are worthless, even though it takes so long to make it worth to trade but if you look closely, some of those coins are improving time by time and who knows in the future they will reach top coins to trade like what other coins did.

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April 05, 2019, 04:55:21 PM
 #294

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
I cannot say blindly all the new coin are worthless but some of the things to be analysed before trusting it then only we can say it will be profitable or it will not been profitable in this situation but every investment have some promotions and some work involved in it so everything has some profit also involved in it.

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April 05, 2019, 05:06:07 PM
 #295

The potential or failure of the coin depends on the superiority of the coin itself and the great team is also very supportive for the growth of the coin in the future. Many new coins die because they have no sale value and have a team that doesn't care for the coin is on the market.

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April 05, 2019, 05:39:54 PM
 #296

It's not all of coins are worthless, even though it takes so long to make it worth to trade but if you look closely, some of those coins are improving time by time and who knows in the future they will reach top coins to trade like what other coins did.
Initially when a coin gets into usage it won't be that effective in its growth, few exceptional projects succeed with their previous user community and its popularity around the globe. Look into bittorrent, this is a new coin and is very successful. All that happened, because they're well known to the people all around. A new coin into existence needs time to grow slowly as the competence in the market has increased big compared to the past years.

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April 05, 2019, 05:49:36 PM
 #297

So, now there are many worthless coins, but if you look closely, then in the 1/100 ratio you can find pretty decent projects that are worthy of attention, the bear market haven't stop them and they are actively developing. So you are right, but partly.
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April 05, 2019, 06:21:33 PM
 #298

I don't think that new coins are worthless. For the ICO hype is still kind of on. New projects are coming day by day and we all know most of them are scam or wannabe failed project in some time. But for this ico ecosystem many new projects comes with great vision. And they are really work hard to do something in this market. Like LTO network, BitTorrent, Nex and  many more. So I know this whole system is full of scammers but still we there is some good project too. So all new coins are not worthless maybe most of them but not all.

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April 05, 2019, 07:06:27 PM
 #299

You are not far from right actually because most cryptocurrencies get delisted from several exchanges because their trading volume might have reduced significantly. Most cryptocurrencies that are being generated have no product to ensure that their value does not get totally dumped by the volatile crypto market.

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April 05, 2019, 07:07:07 PM
 #300

Nowadays, there are a lot of projects that appear, are useless and have been created to earn money, now to earn on new coins it is necessary to have a great experience

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