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Author Topic: Only the strongest will survive the great altcoin purge  (Read 587 times)
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May 22, 2019, 01:32:35 PM
 #21

which project are you most confident with and why? WABI? VET? TNB?

The altcoins you mentioned, do not have enough potential to drive the cryptocurrency and blockchain industry, not a few of them are victims of market manipulation organized by certain institutions.
Haven't heard anything about this projects, for me I will  stay with top 10 coins that will deliver good outcome, project that provide enhancements
and helps the industry, the value will increase if the tokens will be supported and  hold by most investors.

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May 22, 2019, 01:51:20 PM
 #22

The purge is real, I'm holding some really junk altcoins that are almost completely dead.  Next to no volume and only a few lower tier exchanges. 
Those coins that you're holding with almost no value, what if they're not part of a purge, and instead, they're simply following market dynamics? If there's no demand, the coin will most likely go down in value and major exchanges won't waste time and resources in keeping them on their platform.

To me, an 'altcoin purge' would mean exchanges starting a wave of delisting shitcoins. For instance, this is what a real purge looks like: https://www.binance.com/en/support/articles/360023570292

IMO a purge needs to have a purpose, the market going up and shitcoins going down wouldn't actually be a purge since the market isn't going up strictly to get rid of shitcoins, those shitcoins will follow market dynamics. But if a shitcoin gets delisted in several exchanges for X or Y reason, now that I would call an altcoin purge.

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May 22, 2019, 01:56:05 PM
 #23

It is very good that cleaning occurs.  Maybe it is she who will help us in clearing the market of fraudsters.  I think that's great.  We need only strong coins that will be productive.


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May 22, 2019, 02:36:31 PM
 #24

For me I will go to bitcoin and eth because those project is on the top. From so many years they stay alive and on top. And still on going to triumph of the crypto chart so I am confident to invest and to hold it. Aside from that so many merchant are now accepting bitcoin so it is a better advantage.

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May 22, 2019, 03:09:05 PM
 #25

It would always be the crypto that is on the top list on CMC.
There is no doubt that they would always be the strongest and always be with us .
I don't really believe in those new coins nowadays they are just being dump by their investors or the owner.

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May 22, 2019, 03:26:53 PM
 #26

which project are you most confident with and why? WABI? VET? TNB?
You just pick your choices! but i believe lots of crypto currency that has true use case and utilization will survive. actually i have already pick one its Credits Blockchain and GXChain and lots of others that already exist. will we are just speculating here. honestly we dontt know what happens  next. so we better whats out!
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May 22, 2019, 03:53:22 PM
 #27

The altcoins that have real life use case are the ones that will survive the altcoin purge. As regards your choice of coin such as VET WABI and TNB, I don't think am confident of the future of any of those Cryptos. Apart from those ones, I am confident of Cryptos like BNB, EOS, TRON and OMG.

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May 22, 2019, 03:54:53 PM
 #28

It is very good that cleaning occurs.  Maybe it is she who will help us in clearing the market of fraudsters.  I think that's great.  We need only strong coins that will be productive.

I think the market will make their selection to choose the strong coins to survive and continue their projects. The other coins which cannot survive will be delisted and never go up again. The stronger coins will give a chance for us to enjoy the profits that we might get later and the coins can make a new higher price again. But as usual, we need to analyze or searching the right coins that will become the stronger coins in the future.

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May 22, 2019, 03:58:14 PM
 #29

which project are you most confident with and why? WABI? VET? TNB?

VET has gone through many rise and falls and has been tested into different fields. Though their initial market was not a success, they adopted themselves to the new environment and kept on progressing. Now they are one of the prominent tokens and a safe bet for investment.

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May 22, 2019, 11:10:10 PM
 #30

The reality of the cryptocurrency market is that most of the altcoins have no value, use case, utility, demand and a large chunk of them will most certainly fail.
With the next bull run which will not be a result of hype but real implementation a lot of altcoins will be purged out and only the undisputed good ones will survive.
The top cryptocurrencies like NEO, XLM, EOS, XRP etc will survive this in my opinion.

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May 22, 2019, 11:56:15 PM
 #31

If we are talking about the strongest altcoin, Ethereum becomes the best one. I still keep my trust in this altcoin to be the great one. However, if we are talking about the new project coming, I must analyze them first.
It is actually true that only the strongest that will really survive (moreover to face this market situation). About the three projects that you offer, actually, I don't really know about them that much. But, I think that the great project that will survive should be the one that has a certain real product with promising future investment.

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May 22, 2019, 11:58:35 PM
 #32

which project are you most confident with and why? WABI? VET? TNB?
Instead of all the mentioned coins put your money in the ETH and Ripple projects. I am sure one day you will regret why you didn't invest all the investment amount to the strongest projects.
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May 23, 2019, 12:35:17 AM
 #33

Amongst the projects you mentioned, VET will be my best pick . Recently Cupids Farm Milk produced by Bright Food which is a Vechain Thor Blockchain solution went live. This is a remarkable real world application and not advanced whitepaper or illusion. I'm strongly in support of any project which fosters adoption of crypto and blood mainstream by enacting solutions to curb real life pains.
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May 23, 2019, 12:42:04 AM
 #34

In fact, the crypto market has been in constant purge, and from the beginning have emerged and disappeared endless projects without any transcendence for the crypto-universe. And this purge has shown the resilience and adaptability of projects that despite their long life and apparent simplicity have managed to survive an increasingly demanding and sophisticated market, so I think those altcoins that have stood the test of time as Litecoin and even Doge, will continue to enjoy great popularity within 5, 10 or 20 years.

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May 23, 2019, 03:51:04 AM
 #35

which project are you most confident with and why? WABI? VET? TNB?

hmm haven't heard of these coins as well. For me, I'll stick to the top ones that I'm sure of like BTC and ETH. I'm not saying that it's bad to support new altcoins but we have to be very smart in picking them if we want great ROI. I've participated in an IEO that sold out their private sale, their first round of IEO, and I think they'll have more rounds. Will that be a strong coin? I don't know but I would say that its better than going into coins that have no proof of raising funds at all, I guess playing safe is not bad at all.
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May 23, 2019, 03:54:02 AM
 #36

which project are you most confident with and why? WABI? VET? TNB?

For me the playsafe holding for a volatile market like this are btc and eth. No doubt these two are perfect for holding in long term especially btc. There are some good news coming to this plarform and we can see it as SEC is changing the pace to decline to acceptance. Etf which is launching is nearly coming to town. I guess btc will fly and on rocketship for the rest of the year. For eth, Im still holding some few bags of it ans waiting for it to break out since I like their platform. A little polish can really save their stance on the market. Also, bnb is quite doing also good, but the price bow is beyond expectation. Will wait for some back door on buying it before that time.

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May 23, 2019, 05:40:00 AM
 #37

which project are you most confident with and why? WABI? VET? TNB?

Wabi and Vet both have prospect, I was expecting good things from Wabi but the project has failed to scale all the partnership they promised has not material well but turned to a pump and dump project, I will go for VET just because of the promising tech and could be big IMO.


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May 23, 2019, 05:42:11 AM
 #38

Hahaha I don't which altcoin will survive, if you not sure just put it on ethereum. ethereum will survive. Or not just do it in bitcoin for sure. The Giant.
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May 23, 2019, 07:26:50 AM
 #39

which project are you most confident with and why? WABI? VET? TNB?
I don't know any of the project you just mentioned and I don't think they are a going to survive a bit from the purge that is coming to the crypto space, then we would see a lot of coins that we thought to be great sweep off out of the market and go down to 0 without any hope of coming back up in years to come, this is why we really need to be careful when choosing the coin we want to invest our money in because it might be swept away with the purge.
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May 24, 2019, 11:21:07 AM
 #40

which project are you most confident with and why? WABI? VET? TNB?
If you talk about hype, from what I have seen around this forum so far I think TNB is the most talked about, this would be the first time I would be hearing about other coins, so I will advise you follow the hype and go with TNB if you want to make quick profit in a short time,.

For a long term projects, I don’t know much about these coins, and I would not want to say much about them till I completely make my own research on them which is what you should do, better than choosing through opinion, because if you are to go with opinion, I think I would prefer you invest in other coins that you are sure has real life working products.
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