Stop badmouthing new projects

[Bitbtc8]

99% of ICOs are scam, I'm not saying they are not, we are all tired of fake projects getting released day by day but let's not forget that many companies are just starting to take huge advantage of blockchain technology, the experiment with blockchain technology is ongoing which will actually giving birth to more newer projects,its left for us to choose wisely, cryptocurrency is advancing....

1)old coins and tokens are good and many prefer to invest in them than newer projects to limit there risks, not a bad idea but I want to share a simple example with you, a master will never remain a master forever
e.g there was a time when android version 2.3 is the best on Android phone, so how many of you can still use the 2.3 when you've already have the taste of 7,8.0,8.1,9 OS? The difference  is marginal,newer projects will and should be able to surpass the old ones

2)binance is the most favoured among biggest exchanges we have in crypto space and the bnb token is growing bigger due to IEO whatever and bnb crossing to its own blockchain, not a bad move but do you think binance will be this great in years to come?  Experiments gives birth to more greater and more advanced ideas and I can boldy say that we will see better exchange that will beat binance in the future, take it or leave it.

3)monero is the king of privacy coins as they named it, in fact yes I accept, I am a fan of xmr myself but lately many new privacy coins are flowing in and the one I'm most bullish on since 2018 is veil, seems better to me, this is not an investment advice though, just sharing my own personal opinion that we needs more newer projects to take blockchain and cryptocurrency tech to higher levels.

No one is the most wise, you will always see someone who will surpass you, no matter what and I think it's the same thing to coins and tokens .
1994 best cars aren't the best anymore
Best old PC in the past can't keep up with today's hexacore PC's.
Take your time to do your own research, we still have many good projects that will come out and if you are the type that have the mindset of new coins are bad you will surely miss the opportunity

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[BitcoinHodler]

people aren't doing that for no reason, the new projects are actually horrible that is why everyone hates them. for a very long time now we are not seeing good projects come out anymore. in the past 2 years there has been at least 2000 new projects and only 1 or 2 of them were decent enough to be called a "cryptocurrency" the rest of the 1998 projects were pure shitcoins with majority of them being ICOs or any alternative name they call it these days like IEO...
otherwise all of us are desperately waiting for good projects to come out and start actually competing with bitcoin instead of pump and dump coins that advertise fake competition that doesn't exist and vanish when they are done pumping.

[bigcash2011]

I do not think that 99% percent of icos are scam we need to change our thinking a bit here, each ico is like a new startup or a new real life business so as a real life business startup you should know that not all businesses end up as success same is the case with icos, some are success some just do ok and some fail so we should not confuse failed projects with scams, scams are also there but less and such projects are basically copy paste projects and are opened just to raise funds some how and exit and i think such scammers should be brought to court of justice and criminal proceedings should be done against them.

[rijaljun]

I agree with the OP that by time, there will be more cryptocurrencies and exchanges that are more innovative than current ones. But, it doesnt mean there will be currency that stronger or more innovative than Bitcoin. I mean that Bitcoin will be always leading blockchain product and if Bitcoin dies, it means that crypto world is dead.

[Sri rahayu]

Unfortunately, when investors have started to trust new projects, then the project does not develop with the capital that has been obtained, I am very enthusiastic about new projects popping up, and I hope to find diamonds in it.

[Mcmich]

I don't think anyone who has been in this space for a reasonable period of time and have knowledge of what goes on in the space, will just say things about new projects without a reason. Most of these new projects cause individuals to lose faith in them. Am not saying all but majority.

[novaprime]

I do not think that 99% percent of icos are scam we need to change our thinking a bit here, each ico is like a new startup or a new real life business so as a real life business startup you should know that not all businesses end up as success same is the case with icos, some are success some just do ok and some fail so we should not confuse failed projects with scams, scams are also there but less and such projects are basically copy paste projects and are opened just to raise funds some how and exit and i think such scammers should be brought to court of justice and criminal proceedings should be done against them.

If the project is a start-up project then they need to comply with legal issues to be able to build a good project but in the crypto market it never happens because most creators ICO are scammers. They will try to make your money the easiest and when they have enough money they will start listing at a shit exchange to make you believe this project is still active but then they will leave That project until that project has no one else to care about

[cabron]

There are projects that only started by doing airdrops like the  Stellar, Brickblock and Holo as far as I know, maybe its the way to go instead of doing ICO. Projects who does ICO has to take the pressure from the investors if they got funds from the public unlike just doing an airdrop. If the team is serious with development, its  best to  just develop it and no take money from the people.

[kawetsriyanto]

Well, I also think that many people underestimate the new upcoming projects. However, we can't blame them. They certainly have good reasons why to think negatively about some new projects in the crypto world. Some of the factors are related to the scam projects that are very detrimental to investors and other participants. In addition, most coins from new projects will usually drop and it is difficult to reach standard prices during ICO.
But indeed, we should not disparage everything because of course there are still some projects that are truly good and tempting.

[rizkyhiw]

Yes, we cannot equate all the thoughts of others just like you now by looking at the ICO project with all its shortcomings and strengths, it cannot be blamed because it also becomes a challenge for all developers to prove the quality and quantity of each project, indeed in the current situation of people tend to distrust ICO for reasons of rampant fraud and only spend their work time, I think that is a challenge for all projects and if indeed they fulfill the conditions then they will rise up with their own abilities, one's views will always be different.

[OptimusPrime_3]

99% of ICOs are scam, I'm not saying they are not, we are all tired of fake projects getting released day by day but let's not forget that many companies are just starting to take huge advantage of blockchain technology, the experiment with blockchain technology is ongoing which will actually giving birth to more newer projects,its left for us to choose wisely, cryptocurrency is advancing....

1)old coins and tokens are good and many prefer to invest in them than newer projects to limit there risks, not a bad idea but I want to share a simple example with you, a master will never remain a master forever
e.g there was a time when android version 2.3 is the best on Android phone, so how many of you can still use the 2.3 when you've already have the taste of 7,8.0,8.1,9 OS? The difference  is marginal,newer projects will and should be able to surpass the old ones

2)binance is the most favoured among biggest exchanges we have in crypto space and the bnb token is growing bigger due to IEO whatever and bnb crossing to its own blockchain, not a bad move but do you think binance will be this great in years to come?  Experiments gives birth to more greater and more advanced ideas and I can boldy say that we will see better exchange that will beat binance in the future, take it or leave it.

3)monero is the king of privacy coins as they named it, in fact yes I accept, I am a fan of xmr myself but lately many new privacy coins are flowing in and the one I'm most bullish on since 2018 is veil, seems better to me, this is not an investment advice though, just sharing my own personal opinion that we needs more newer projects to take blockchain and cryptocurrency tech to higher levels.

No one is the most wise, you will always see someone who will surpass you, no matter what and I think it's the same thing to coins and tokens .
1994 best cars aren't the best anymore
Best old PC in the past can't keep up with today's hexacore PC's.
Take your time to do your own research, we still have many good projects that will come out and if you are the type that have the mindset of new coins are bad you will surely miss the opportunity

well you are right,  I don't bad mouth any project but we all know that the rate of bad projects and scam projects are high making some persons become sentimental on any new project whereby many go as far as saying they hate icos.

[Tipstar]

You are correct mostly. New coins are generally improved form of the older. They comes with the solution of the problems faced by the existing coins.
But new and advanced are not always the generally accepted ones. One of the first ethics of crypto was decentralization. Decentralization was something these old coins achieved in higher degree than any of the new tokens you are talking about. The value for a coin is not decided by the issuer but by the users.

[vectisitch]

people cry scam every time a new projects comes out that rivals their favourites. if they see it rivals the projects they are invested in then they see it as a danger to their investments. this holds back many projects that are in fact way better than older ones out there. bitcoin has nothing compared to other projects that came out since but remains the top dog. Eth is still a favourite even with it's huge fees and congested blockchain even though there are much better projects out there that are cheaper and less congested. look what the kittens did to the Eth chain. it is an uphill battle for new projects to get a foothold because people hold onto what they like even if theres better to be had

[Brainnin]

People having issues trusting new projects also have their reasons, scammers now using crypto as a new avenue to scam people of their fund and life time investment through creating fake ICO price and later fold up after dumping the coin on exchange themself.

[Little Mouse]

If there's a good project out there, I don't think anyone will talk shit about that. The problem is most of the project promised to do a lot but later they don't continue with the promise or fail to do so.

[Wale777]

Badmouthing new projects as scam and fake is informed by all sort of consistency on the part of devs and several exit scams but the truth is there are few good project like veil you mentioned and contents protocol token. In essence few good coins/tokens are evolving

[Pamadar]

From what we witness along the way, most of those new projects ends up nothing, they simply make good assumptions of the goal but didn't materialize, investors and traders are all being frustrated due to many times of failed investment, we can't close the possibilities that there's project that will show up and deliver, until that time come most of investors will remained supporting old ones that they've use to support.

[silver23]

Wow, i think same like you but i don't have a brave to said that.
I know all people said if new project ICO is just scam and get a negative respon of them.
But, how we can make cryptocurrency get better and better without something new.
All need a process to get stand up and get bigger like you said Binance, how if binance is new project what you all here will do ?.
We need to support a new project on cryprocurrency, the our enemy is scammers and we must stop it.

[kaya11]

It's just the investors don't to be want to be used anymore, they had enough of shitcoins. Their money being a fund for the team that has never even had the slightest chance of success. It's just the hyped that dragged most of them, or worst is the ambition to be next Vitalik or name any genius guy out there, learning basics and creating new tokens without prior experience is just like throwing money in to the fire meant to be burned. Now you can't blame most of us if we stick to the old ones, they are already in position to be trusted and has strong support from the community.

[Galley]

Investors treat any new project with some kind of prejudice because many have had a bitter experience from participating in fraudulent projects. Normal and good projects will always be, just need to be able to select them, among other things, slag. And this is the most difficult.