around 50-60 new coin added and all of them is crap....

[bitbunnny]

This is not a surprise at all. In so much greed for making money new coins are developed so quickly without any prosperity or added value. Too much worthless projects and it's really hard to find any ICO worth of attention. Sometimes it looks like crypto lost the original idea. Hope this will change in the future and that we will get better quality projects.

[1714869259]

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[Bitcoinqubit]

really interesting what the people is behind this startups/coins hhhhhh fucking joke

months ago I read an ICO thread and I did not understand anything about the project, I stayed several hours thinking about what OP of the thread wanted to create. until today I still do not understand what the OP of the thread wanted to create and why he needed money from other people.

The crypto world is full of crap people, shit projects, nonsense shitcoins

If one shitcoin creates something X, another worse shitcoin copies the something X that was created

every market is red, but see this:



https://coinmarketcap.com/currencies/jesus-coin/

unbelievable

when this came out i was laughing almost several days with others...

[Bitcoinqubit]

This is not a surprise at all. In so much greed for making money new coins are developed so quickly without any prosperity or added value. Too much worthless projects and it's really hard to find any ICO worth of attention. Sometimes it looks like crypto lost the original idea. Hope this will change in the future and that we will get better quality projects.

it will change for sure and quick there already huge decline for ico,

now will start huge decline for huge supply coins with billions , which to get to the moon dont exist and the founders hold billions of coins...

the same with stable coins...

me and few other created 100k bots which work non stop to save as much possible the other who stuck with this project the logic function inside the head dosent work and after years i mean 10 years they will wake up and maybe fall to other same shit...who know....after all this is kids stuff you know.

[Bitcoinqubit]

This is not a surprise at all. In so much greed for making money new coins are developed so quickly without any prosperity or added value. Too much worthless projects and it's really hard to find any ICO worth of attention. Sometimes it looks like crypto lost the original idea. Hope this will change in the future and that we will get better quality projects.

their was several anonymous projects here that scammed very hard alot of people , the code was open source and fair premine and other shit and yet this was huge scam.....

one of them was bitcoin wsgixt something like this i just need to find it on bitscreener.com was which spiked to 2k usd and it was huge scam...

because when top team come with top coin its way better to be open who they are and other stuff, and in other example lets say most of the teams love to be open its the nature of human mind to be famous and known, rich and other relative things rather then anonymous, do you know that the level depression in the sillicon valley is so fucking huge around 80% you know why:

they want to be famous and known, rich and other relative things, to be anonymous dosent lead to this hhhhhh

which mean projects that are anonymous most of them scams from simple facts wrote above ...

and if anonymous top team behind some great project its mean they anonymous in everything on the internet because they involved in things with huge risk and few things can lead to team members and other stuff, and what other projects they do and what they do with their money and so on...

they must to stay anonymous while they bring the project life while outside the project they are simple people seat on forums ...open and help

now if anonymous top team with top tech come they need to create TRUST* some how while stay fully anonymous which is far away from easy...

in other words...

take the project i wrote above which scammed everybody it was open source and and fair premine and other stuff and still was hugeee scam
and
comapre it to bitcoin which was also like this

how do you will know its not scam??

...

they need to find way to create TRUST while stay fully anonymous ..

[serjent05]

The thing is, the coder who are hired by these start-ups are already hired by many before them so it is obvious that these project that have no in-house coder will  give crappy services.   We have seen lots of these projects but they just died naturally because they cannot sustain it.

but smart people mosyt of the time get to this, the other stuck with huge supply coins and stable coins while why great coins grow is the smart ones grow them...

Well, more supply means more money for them if they sold them all.  This is how greedy these developers are,  and they even reserve a token for themselves.  They already have the fund so I wonder why do they have to keep a certain percentage of the token for themselves?  And another example of this is EOS, they have collected billions of dollar on their ICO and now that they implement POS, the developer have the 4% (disguise as  saving but definitely it goes to dev) of that 5% only 1% goes to the producers. 

 

[Mike Mayor]

There are even "how to" guides. If you google enough and have a look around at sites that sell scripts you can find ico one page creation tools. Ever wonder why ico are always just one page with those tabs that just scroll down to the requested section instead of opening another page? That's why. It has everything you need to make an ico and some of them even have features to create fake volume. They all come with that ico fill bar and you can even adjust how filled or far from the needed amount is so you can lie about how well its doing. This is why i dont pay any attention to those bars. There is even more but you get the point.

[Bitcoinqubit]

The thing is, the coder who are hired by these start-ups are already hired by many before them so it is obvious that these project that have no in-house coder will  give crappy services.   We have seen lots of these projects but they just died naturally because they cannot sustain it.

but smart people mosyt of the time get to this, the other stuck with huge supply coins and stable coins while why great coins grow is the smart ones grow them...

Well, more supply means more money for them if they sold them all.  This is how greedy these developers are,  and they even reserve a token for themselves.  They already have the fund so I wonder why do they have to keep a certain percentage of the token for themselves?  And another example of this is EOS, they have collected billions of dollar on their ICO and now that they implement POS, the developer have the 4% (disguise as  saving but definitely it goes to dev) of that 5% only 1% goes to the producers. 

 

yehh i never invested in this project... and you are right 100%

ethereum has 12 million coins for the team
satoshi team have around 1 million premine and for sure much more because they buy it like normal people,

but their premine is around 8-12 % compare to billions coins project where they hold half ... hell

you know decentralized tech its some sort of test to human kind , can we all together lead it to the right direction without central/entity like governments and other....

you know

peer to peer tech

[Denton]

Because cryptocurrencies are becoming more and more popular. Everyone is trying to make money on them or make some kind of contribution. That is why people and create new coin themselves until the end of not understanding their purpose. As a result, we have a large number of different garbage, which will never cost anything.

[Bitcoinqubit]

There are even "how to" guides. If you google enough and have a look around at sites that sell scripts you can find ico one page creation tools. Ever wonder why ico are always just one page with those tabs that just scroll down to the requested section instead of opening another page? That's why. It has everything you need to make an ico and some of them even have features to create fake volume. They all come with that ico fill bar and you can even adjust how filled or far from the needed amount is so you can lie about how well its doing. This is why i dont pay any attention to those bars. There is even more but you get the point.

yehhh scary shit for noobs and  uneducated people

peer to peer tech which come from peer to peer file sharing in the source even before just was underground until it hit main stream with napster and torrnet and others, because centralized tech/servers was shut down very fast by governments until peer to peer hit and now they cannot shut down 500 million computers then the revolution come peer to peer/decentralized everything...to put the middle out of the chain and other very deep important things, which is long answer will be...

but peer to peer /decentralized tech is

some sort of test to human kind to see if we together can lead it to the right direction and help others and expose scams and other things because there is no central governments/entity which lead, expose,help and other things ,,,,,,,its WE ....

do you know when the paper money will fall what will happen to the system mate? ask expert economist you will get shock

it can happen very fast why???

soon and already startup pop out there to accept cryptos and the fiat money is outside of the chain...

the main mission of satoshi team is bring down the dollar and they all together fall its like uber in taxi....they control everything by paper money every smart economist know this...

[Bitcoinqubit]

Because cryptocurrencies are becoming more and more popular. Everyone is trying to make money on them or make some kind of contribution. That is why people and create new coin themselves until the end of not understanding their purpose. As a result, we have a large number of different garbage, which will never cost anything.

there is no problem with making money, in centralized system ** there is central entity/governments and other which are expose and stop scams and other shit....

its huge test to human kind with decentralized tech peer to peer and Distributed tech soon will hit hard also(futuristic)
search:decentralized vs distributed there is nice photo explain this...

its huge test to human kind if WE can together can lead all this to the right direction and help each other and other stuff this is why it called peer to peer tech...

peer to peer file sharing is each computer help to other computer to complete to download a file,music,movie,software ...in simple explantion

peer to peer(decentralized) system mixed with Distributed tech is the future...and its huge test .....because there is no centralized entity.....there is decentrailzed= WE

...
decntralized tech=peer to peer = here some peer hold the other
there is no problem with making money, in centralized system ** there is central entity/governments and other which are expose and stop scams and other shit....

its huge test to human kind with decentralized tech peer to peer and Distributed tech soon will hit hard also(futuristic)
search:decentralized vs distributed there is nice photo explain this...

its huge test to human kind if WE can together can lead all this to the right direction and help each other and other stuff this is why it called peer to peer tech...

peer to peer file sharing is each computer help to other computer to complete to download a file,music,movie,software ...in simple explantion

peer to peer(decentralized) system mixed with Distributed tech is the future...and its huge test .....because there is no centralized entity.....there is decentrailzed= WE

...
decntralized tech=peer to peer = here some peer hold the other
Distributed tech = peer to peer = here each peer hold equal to other peer in some sort of level......edit

[Chemcrier]

This is the reason why most good projects have multiple people in their team who can handle every aspect of the project, ofcourse once in a while, something might pop up and cannot be handled by the team and would have to outsource or hire more coders, this doesn't make the project useless, even the big projects do it.

[key4co.in]

From your topic, all newly added altcoins are crappie but that's not 100% true because some are really great. Recently I took time to study some new projects and I was amazed at a few. Truly most new altcoins are garbage, since some team members' main aim is to make money from token sale and thereafter they won't keep up with project development. In the long run many altcoins will be dead and only those with valid project, resilient and hardworking team will survive.

[BitcoinPanther]

Even with a stunning project and with a person that has skills in managing a business I guess newly made coins cannot survive this time of around, I guess because the trust in a certain project by investors was not there anymore and we can say that we had a sleepy market of coins, I don't want to say it but I guess developers right now would just make a coin to be added in the market and will just let it flow there and hope for the best to come, I think they had become slothful in making project now.

Well, I agree with you on this. The bearish market really affects the new qualified players. Though they have really a wonderful idea if investors don't support them, the new coins will just be there. If there is no enough fund because of the value of the gathered amount was not that much. I think we really need to be very careful on supporting the projects. If we find something that will really make an impact and have clear plan, we need to support that coin all the way. Don't be fooled by discounts and bonuses that offers worthless projects.

[sherenikaw]

This may often occur. Since 2018 new coins have emerged simultaneously. But in essence, there are also many coins that are really promising and worthy to buy. But certainly, need to be careful in choosing it. We understand very well that at present there are indeed many altcoins that only copy concepts with different names and even useless credible teams.

[aioc]

Good observation actually one can do startup without any coding knowledge he just needs funds to start everything, he can form a team coming from Fiverr or Linked and hire coders from the freelance market and voila his idea has now a form and he can start a crowdfunding, ICO has become a big joke it's time we move out from ICO.