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Author Topic: new coins are worthless!  (Read 29724 times)
Samboo
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June 18, 2019, 12:54:21 PM
 #641

But anyone can issue their own coins and their projects will continue to receive the attention of the people as long as it is supported by traders and investors. As far as the price of coins upon hitting exchanges, price of a coin will fluctuate. And it is not a wise idea to judge a coin by its price. We should look at team, technology and goals of a coin for its judgement. 

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Priyank9871
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June 19, 2019, 12:27:03 PM
 #642

I dont think that every new coins are worthless,
Infact if you do follow their development progress, its takes time to give the result and about the price it's totally upon the market decision..
I saw harmony now I will see Pledgecamp which also coming to binance dex, I heard that Pledgecamp will be listed in Bithumb Global but cant confirm, Successfully Completed ICO.
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June 19, 2019, 12:34:36 PM
 #643

It is necessary to take into account that new tokens are created for the development of a specific project. Each of them has its own specifics. Sometimes ICO teams try to develop their project first of all and don’t worry properly about the price of their tokens. Some projects require a very long time to earn at full strength. Therefore, we need to be patient and not rush to judge that many projects die immediately after fundraising.
TobiasVR
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June 19, 2019, 12:51:13 PM
 #644

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.
Such a team should not be supported by the project, they are like forgetting about the project supporters, when they get big profits they cannot develop coins well when on the market. they created a new coin called '' SCAM COIN"
Gyamfuaa844
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June 19, 2019, 10:03:51 PM
 #645

New coins can never be classified as worthless. Some just needs funds to get out of the mud. The huge coins we see today all started somewhere till they got to where they are now, it's a matter of time and process.
InwardContour
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June 19, 2019, 10:09:46 PM
 #646

I'm still trying to understand what you imply here. The topic is clear but the body is confusing. Firstly, I seriously disagree with you when you say new coins are worthless. Do you know some new projects bring forth revamped features? Improved blockchain architecture? More ameliorated features? Let's encourage new projects with vision and not discourage them. I understand there are a lot of scams out there sprouting as new coins, but let's not generalize for all. 
Moiyah
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June 20, 2019, 03:44:59 AM
 #647

Let's give new coins and the developers behind it a chance to prove that their newly listed coin is worth investing and has also a potential. Though I may agree that "most" of them are worthless after so many months, but there are still great new coins popping up around the corner. Let's face the truth, it is hard to find which one reall has a great value and potentials.
xysheeh03
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June 20, 2019, 03:48:05 AM
 #648

I think the correct way to say it is some new coins are worthless, because not all new coins has a low value and low quality that has no guarantee to increase its price. There are some new coins that shines after being listed just like some new altcoins that brings good impact to the market like BNB coin, LBR coin and etc.
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June 20, 2019, 03:56:18 AM
 #649

Lots of old coins have not fully implement their uses,  and lots of new coin still come up with also similar uses with the old coins,  I think a merger will be good if lots of those new new coin can just merge instead of creating their own, sometimes most of those new coins are pump and dump on investors

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Zionatin
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June 20, 2019, 04:01:56 AM
 #650

Not all new coins are worthless. You should have a closer look at the bounty and Ann section. ASk questions and challange the projects. Many of them have plans or already have a purpose to exist. These are the coins people should support and not these ridiculous scams promising crazy unrealistic returns. If you support good coins their use will become more abrupt.
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June 20, 2019, 04:19:21 AM
 #651

It has become a price competition but essentially, most of the coins have a project that supposed to create a working application or something. If we come to the idea that new coins are worthless, I don't think so. At least, not every last one of them. The trick is to find which will grow along with the market.
chuoinguyen227
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June 20, 2019, 06:17:04 AM
 #652

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.

Not really. Each coin is created with its own purpose and function. They are not completely worthless. But the sad fact is that many new coins have a very low value compared to its ICO prices. Causing heavy losses to investors...

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automaticmoney
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June 20, 2019, 07:04:16 AM
 #653

we cant simply say new coins are worthless they are many coins which are in development once the market trend change we can expect positive developments from sleeping projects so it is patience that pays off in crypto
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June 20, 2019, 07:10:43 AM
 #654

Not really. Each coin is created with its own purpose and function. They are not completely worthless. But the sad fact is that many new coins have a very low value compared to its ICO prices. Causing heavy losses to investors...
it's because of the inability of developers to manage their markets. some of the token holders would want to sell their tokens. and when the buyer is a little the price will decrease. the task of the team is to grow demand in the market for their tokens.




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Korkorjkk
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June 20, 2019, 11:32:50 AM
 #655

Most of the coins are worthless because they do not have a specific product that the coin is used for, hence the price can dump at any time. Because other old coins have a specific use, they are not considered worthless.

onrise
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June 20, 2019, 12:41:47 PM
 #656

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.

Not really. Each coin is created with its own purpose and function. They are not completely worthless. But the sad fact is that many new coins have a very low value compared to its ICO prices. Causing heavy losses to investors...

Majority are created without any purpose and thus if you prick up last year total coins created and how many still exists on the exchanges or does have value, will give you all the idea as why the coins or created is it for the purpose of just owners to make some money or for the investors as well who in long run can make money from their.

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June 20, 2019, 12:42:33 PM
 #657

sure thing thet each the koin need development but there are some rly uselees koins don't you think so? I hat some projects and not want buy them. 
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June 20, 2019, 12:46:01 PM
 #658

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.

It really depends on the developers. There are developers that don't give a care or don't have plans to develop their coin after the listing. There are lots of worthless coins because there are lots of worthless developer team.
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June 20, 2019, 01:14:05 PM
 #659

Cryptocurrency is intended mainly for speculation, only a few new coins reach the top among altcoins, especially in a technically useful way.
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June 20, 2019, 01:48:01 PM
 #660

Most of it yes, There's a lot of new coins / projects are launching and announcing their promises then after their sales, event etc they are vanishing or turning to scammed. It's really hard to find a good coin/s now that's why we must always do some research before engaging to it.

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