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Author Topic: new coins are worthless!  (Read 29754 times)
zhengqi
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June 13, 2019, 09:08:52 AM
 #581

This is true, many new coins are worthless and even if the coin is a unique technology, it is hard to compete with any other coin from the top-100. But there are good examples, for example, projects that carried out an IEO on Binance have even hit the top-100 CMC.

Menawi12
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June 13, 2019, 09:37:03 AM
 #582

What are the last few successful coins?

If you are looking on new coin from IEOs, there is a lot coin success in market and the price rising after first listed. Its true that many fails but i think not all new coin are worthless, many new coin can give good profits

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dagelan
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June 13, 2019, 09:39:47 AM
 #583

I think that all the tokens that are currently available have failed and been abandoned by the developers, imagine, investors who invest $ 1000 to only $ 100 once the token comes out on the exchange

Rasa nanas
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June 13, 2019, 10:43:07 AM
 #584

not all teams work honestly or responsibly, they only think of personal gain. in other words they did nothing and only used the funds collected in ico for personal needs.

Iykecollinz
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June 13, 2019, 11:17:33 AM
 #585

Here is part of the reason, a lot of the came in with over value, a lot of were not considering the impending bear market at the time also. A project that was designed to have 1M total total supply  which had sold at $1 per token during the peak period and successful started trading at $1.5 at exchange another project with less sophistication, less marketing but same total supply will still want to sell at same amount or higher or expect to raise higher fund. Not meeting all those target and owing much will amount to dump on the token during listing to realise more of the fund. It is not a crime if a particular project with a certain total supply sells at 0.1$ another with same supply sells at $0.001 the one that sold lower will have the potential to grow because investors bought cheaper than the former

zzortyx
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June 13, 2019, 12:35:11 PM
 #586

Many altcoins price was overstated at the ICO stage, but last year it fell sharply. Most altcoins will never be able to reach the price that was at the highs 2 years ago.

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moynul2050
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June 13, 2019, 12:47:21 PM
 #587

we cannot hide the fact that many new coins become worthless shortly after they enter the market. but that doesn't happen to some coins that have good development. some of them are still valuable today.
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June 13, 2019, 12:50:32 PM
 #588

I don't know about this if it is real but some new coins are really promising, I don't say that they are good for investment but with a proper research you can still choose whether to invest on this newly release coins in the market. I believe that they are still worth investing our money.

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zzortyx
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June 13, 2019, 01:11:30 PM
 #589

A very small percentage of newly issued coins becomes popular and grow in price. There are coins for "one-time" earnings, but you need to guess the moment when they are best get rid of. The majority of coins this is a common scam.

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awakpane
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June 13, 2019, 01:11:47 PM
 #590

In my opinion, not all new coins don't have a price. Among the many new coins that are popping up there must be valuable coins. indeed most new coins are worthless.
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June 13, 2019, 02:28:14 PM
 #591

well, that's when the project are abandoned by developer and the team behind it. they are not totally serious when it comes for planning in the future of their own creation. so sad, their tokens are being dead and worthless as you said.
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June 13, 2019, 02:52:48 PM
 #592

Lot of bunch in the market with no real use which is very bad for this blockchain technology as a whole but we need to embrace the altitude of getting rid of bad project from onset but many are greedy simply because of one reward or something .

A project that has no team links and has no business whatsoever in existence but asking for funds raising and this are reason the bounty hunters dump the tokens when they get the token for better ones cos in no time they disappear in market with no real meaning .

delarossa
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June 13, 2019, 03:02:57 PM
 #593

Actually the new coin which come to the crypto world is not already known by many people so they don't really know what that coins are to use in the real function. I think developer should more do the promotion with great marketing strategies.

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June 13, 2019, 03:15:18 PM
 #594

so many new coins almost everyday, there are some that really empressive when it comes in marketing their project. and there are some at first their project proposal are very useless, and a noisy people can create a massive buying, well thats the year 2017.

Kemileye
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June 13, 2019, 03:21:57 PM
 #595

By saying new coins are worthless is not a fair judgement because there are lot of new projects in the space that are actually contributing to the growth of the space while at same time most of them are worthless. Therefore not all new coins are worthless, there are still few good ones.

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dulinivanrus
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June 13, 2019, 03:24:25 PM
 #596

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.
You are right but only partly. New coins even with excellent marketing are failing now. I'm talking about ICO ! But if the project cooperates with the exchange, the situation changes in a positive way it is about IEO !

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joshy23
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June 13, 2019, 03:24:36 PM
 #597

There are new coins that are falling fast because of the unpredictable price increase and knowing that the price falls is because of bounty hunters I know because once they get their tokens they are selling them right away.
Many times has been discuss about that and it's not the hunters it's the team itself who forgot to support the project after being listed,
if the team have a better plans before they list the project it should be anticipated the possible outcome of the bounty rewards, developers
should shoulder that and place a good support for the tokens price inside the exchange.
Dacosta Osei-Tutu
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June 13, 2019, 03:30:01 PM
 #598

The crypto market is still young so I think its too early to judge the worth of these new coins. Science is dynamic and it keeps changing. New ideas and challenges keep coming up every day as they try to solve existing problems. Let's give crypto some few years before we can start judging.
franciscoDC
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June 13, 2019, 03:46:28 PM
 #599

No not all because there are still promising project tht exist,so you better make a research for avoiding loses of money by buying coin,actually i still invest in many project and i was thankful that there are no bad things tht happen in my capital so you better do that too.

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June 13, 2019, 03:47:31 PM
 #600

By saying new coins are worthless is not a fair judgement because there are lot of new projects in the space that are actually contributing to the growth of the space while at same time most of them are worthless. Therefore not all new coins are worthless, there are still few good ones.

The number of new coins has emerged rapidly in the past few years. Indeed there will be coins that will be able to survive because they get continuous development from the developer. However, many of the new coins will not move because they have been abandoned by the developer. Choosing new coins as an investment is a very difficult job to do. For me, it would be better to use existing coins that have proven its reliability in the face of all trials.

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