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Author Topic: Bad projects are been dealt with by altcoin bear market  (Read 207 times)
Novatech8 (OP)
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September 18, 2019, 05:55:20 PM
 #1

Most profitable bounty projects from 2018 are all mostly dead now which means they are profitable back then because of the altcoin bullrun, it doesn't mean they are good projects because  they are bring high profits and i bet if altcoin season is out now many failed project won't fail just like that, they will still bring profits due to the altcoin season, bear market of altcoin is really killing off bad project if you ask me

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September 19, 2019, 03:28:54 AM
 #2

Many projects developed in 2018, but only at the beginning to get large funds, but after entering the token exchange, just leave it, well, this is a lot of names to fail in a project, we know that profits will only be at the beginning, not only for those who long.

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September 19, 2019, 04:06:52 AM
 #3

Most profitable bounty projects from 2018 are all mostly dead now which means they are profitable back then because of the altcoin bullrun, it doesn't mean they are good projects because  they are bring high profits and i bet if altcoin season is out now many failed project won't fail just like that, they will still bring profits due to the altcoin season, bear market of altcoin is really killing off bad project if you ask me

The years 2016 and 2017 were really very great for new crypto projects. There were so many projects that went out highly successful in their ICOs. Investors are very bullish on them. And as a return, they have made great profits. ROIs from new coins are in the positive. Everything seemed very well. Until the time came when the market was abused. All kinds of projects are sprouting from everywhere, scams and copycats and below quality and all.

2018 was already the start of the fall of altcoins. Many of them died on that year. When 2019 comes, IEO has effectively replaced ICO. 
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September 19, 2019, 04:25:24 AM
 #4

Many projects developed in 2018, but only at the beginning to get large funds, but after entering the token exchange, just leave it, well, this is a lot of names to fail in a project, we know that profits will only be at the beginning, not only for those who long.

If I ask you to give me a list of 5 ICOs developed in 2017-18 that are really successful, would you be able to name at least two? If yes, I would love to know those names!

I said in different accessions, that good and potent projects are failing due to their lack of experience in running a profitable venture! While the project developers are great but every business needs seasoned marketing team to run the business and make it a profitable one! It has no relation with the altcoin season whatsoever! Please remember, as an investors, we invest in the equity of a company. But if the company fails to bring business no matter how good their product is, makes no sense to anyone!

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September 19, 2019, 04:57:54 AM
 #5

Most profitable bounty projects from 2018 are all mostly dead now which means they are profitable back then because of the altcoin bullrun, it doesn't mean they are good projects because  they are bring high profits and i bet if altcoin season is out now many failed project won't fail just like that, they will still bring profits due to the altcoin season, bear market of altcoin is really killing off bad project if you ask me

Here's how to look, if you are talking about the price, then it really puts a lot of pressure on the project, many people stop investing in it and due to this the project dies, this can be attributed to projects that were created for profit.
But there are also projects that have been created by enthusiasts who are more interested in introducing useful technologies and the price increase is not so important for them, they continue to work and due to this it is difficult to call a coin a scam, although the course has staggered several times.
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September 19, 2019, 04:58:13 AM
 #6

Coins and projects that are still pushing through the altcoin bear market are the ones that are legit and confident that they have a good use case to pull things off. We've seen so many projects die and disappear when we had that crazy year last 2017 but people learn from it and look for other ways to bounce back, like trading and investing on IEO's.

Though it's good to see major companies getting into crypto now, similar to what AT&T did where they accepted BTC as payment (helps adoption), and a mobile carrier in Korea that are making their own coin and is utilizing the benefits of blockchain technology. It's only a matter of how hardworking the team is for them to push the coin out to good exchanges and go from there.
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September 19, 2019, 05:35:03 AM
 #7

Most profitable bounty projects from 2018 are all mostly dead now which means they are profitable back then because of the altcoin bullrun, it doesn't mean they are good projects because  they are bring high profits and i bet if altcoin season is out now many failed project won't fail just like that, they will still bring profits due to the altcoin season, bear market of altcoin is really killing off bad project if you ask me

The years 2016 and 2017 were really very great for new crypto projects. There were so many projects that went out highly successful in their ICOs. Investors are very bullish on them. And as a return, they have made great profits. ROIs from new coins are in the positive. Everything seemed very well. Until the time came when the market was abused. All kinds of projects are sprouting from everywhere, scams and copycats and below quality and all.

2018 was already the start of the fall of altcoins. Many of them died on that year. When 2019 comes, IEO has effectively replaced ICO. 
The beginning of the crash of altcoins can be considered a stunning hype in 2017. It was then that many unscrupulous and weak market participants appeared. In 2018, there was already a fading.

Some of those who do not know how to do business, but they have a good product, will be able to rise. But when? after all, this is new to them, and it will take time to master what they started. I do not think the market background or some altseason is matter. It is important to skillfully control the ship, then you can even go upwind with the help of tacks.

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September 19, 2019, 06:15:33 AM
 #8

There are so many good projects that built last 2018, though they are also down now and having the bear season.
Every cryptocurrency went down due to bear season, but let us not forget that they once shine before and with a good project they are still with and developing it.
Buying them now at this low will give us great profit.

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September 19, 2019, 06:32:59 AM
 #9

We already see the history of the bounty from the  past. Exactly when we throw back at 2017, so many Mega Project have been successful when doing ICO. But since bleed storm are coming, almost all of new comers start up are failed when doing fundraising like this year and 2018. But I still have a hope altcoin season will coming again. Momentum from bitcoin halving will give high impact for altcoin. Just wait and see bro 🙂

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September 19, 2019, 06:41:02 AM
 #10

time has changed for cryptocurrency. Unlike in the year of 2017, time is very difficult for startups to establish and attract investors. Investors just want to make as much as money in a short term and exit. They do not want to hold tokens for long term because of uncertainty of cryptocurrency. Even good projects go downward after hitting exchanges. So altcoins are facing difficult at this point of time.

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September 19, 2019, 07:05:54 AM
 #11

They could still recover if the altseason will be back again, hopefully soon.
Potential of the projects are tested in the bear market, and we've seen that most of the projects are almost dead because people choose to invest in a more stable coin like BTC which is currently dominating the market.

It's bad for altcoins when the dominant rate of BTC is increasing, but in terms of altcoin potential, I believe there are a lot of projects which are good, the thing is, majority of the people here decide based on the overall market situation, they don't look further on the potential of the project, that's why the smart whales always win when they manipulate the market.

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September 19, 2019, 07:58:15 AM
 #12

no my friend, that is not how this market works.
there is no such thing as the "altcoin bull run season". all we have is "altcoin pumping season" and during that time new projects get the biggest pumps not those that existed. in other words you are wrong in thinking these useless ICO tokens could ever get pumped just because the pumping season begins some day in the future.

you can easily check this by looking and comparing 2017 with 2013. by then (previous bitcoin bull run and altcoin massive pumps) there were coins with huge pumps. none of them were pumped again in 2017 pumps. instead NEW coins were pumped!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 19, 2019, 08:01:30 AM
 #13

Most profitable bounty projects from 2018 are all mostly dead now which means they are profitable back then because of the altcoin bullrun, it doesn't mean they are good projects because  they are bring high profits and i bet if altcoin season is out now many failed project won't fail just like that, they will still bring profits due to the altcoin season, bear market of altcoin is really killing off bad project if you ask me
it's not only bearish market of altcoin is fucked the altcoin itself but as far as you can see the bitcoin bearish market is also killing the altcoin.
The fact that bad projects can't sustain even longer than a quarter. so many scam projects have proven this thing.
in the past months, we see how bitcoin bull or bear was killing altcoin market and then altcoin bearish market was also doing the same and this is the first bounce of altcoin to get the bullish trend. This is the first this year.

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September 19, 2019, 08:13:41 AM
 #14

It shows only few of these projects give value as they state or proclaim ! Majority is just to raise fund and dump tokens on exchange ! That’s why they fail ! Successful project is more than that !

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September 19, 2019, 08:32:29 AM
 #15

Easy to pinpoint this problem if you want to invest again, you should invest in a new project today.
but you need to use your past experience from last year, to be able to choose the one project that
you think will be successful at least in this year.

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September 19, 2019, 08:41:40 AM
 #16

There were surely very good projects in 2017 and 2018. But because of the bear market, they are almost dead now. They have restarted to live this week. But i think altcoins season won't happen immediately. Prices are going to stabilize before the real altcoins season. But current price is still very good to buy good altcoins. The prices in USD will depend on the price of Bitcoin.
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September 19, 2019, 08:48:06 AM
 #17

Most profitable bounty projects from 2018 are all mostly dead now which means they are profitable back then because of the altcoin bullrun, it doesn't mean they are good projects because  they are bring high profits and i bet if altcoin season is out now many failed project won't fail just like that, they will still bring profits due to the altcoin season, bear market of altcoin is really killing off bad project if you ask me
I think it is only depends on time. Project can be success in right time and what make me little sad is, people blame the dev. But maybe big or little, developer have key for the project success or not. Sometimes, people can look directly from their eyes, which developer that only want short money from investor or which one that really want to make their project really good by develop it.

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September 19, 2019, 09:24:24 AM
 #18

Most profitable bounty projects from 2018 are all mostly dead now which means they are profitable back then because of the altcoin bullrun, it doesn't mean they are good projects because  they are bring high profits and i bet if altcoin season is out now many failed project won't fail just like that, they will still bring profits due to the altcoin season, bear market of altcoin is really killing off bad project if you ask me
I do not think the development of a project will rely too much on the market. A really good project will have a large community and then they will be willing to buy at a higher price when the coin is listed on the exchange.
For mediocre projects, it dies either because the financial manager is bad or because their direction is wrong and that leads to failure.

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September 19, 2019, 09:37:50 AM
 #19

Not only under performing or bad projects but I guess the bear market has significantly affected all cryptocurrencies including

Bitcoin but I think in the lighter side, when the market recovers again, I think it will shed out weak projects and retain only those

projects that showed resiliency during the bear market thus making the crypto industry more mature and more robust than ever

before. Imho.
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September 19, 2019, 11:41:17 AM
 #20

in my opinion the project in 2018 and still survive today such as SedowPow, GowithMi and SESSIA. they come from legitimate projects so they still survive in this market. I hate saying Vanta Tokens (VNT). I think this is a legitimate project but unfortunately they have become trash and have no price at all.
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