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Author Topic: New coins are 👎👎👎  (Read 709 times)
Thomas-s
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May 03, 2020, 07:55:05 PM
 #21

no one can create a new and better bitcoin. I believe that a project may appear that will have greater capitalization and greater demand among users, but there will never be such a project as Bitcoin, because it is unique






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kingzpro
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May 03, 2020, 09:15:58 PM
 #22

Yes most new coins have proven to be devastating for investors where they have lost over 90 percent of their investment value due to poor performance of these coins in the exchanges, some have even quited already so may be sticking with the real coins like bitcoin and ethereum is the most wise thing to do.

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May 03, 2020, 09:25:12 PM
 #23

                                                                       
                                             
                                                                                                                               
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Changing the World, One Hour at a Time


Why Centric?

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Token Name: Centric Rise
Ticker: (CNR)
Token Supply:1,000,000,000
Token Protocool: TRC-20
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Year Established Jan 2018

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Centric is a dual cryptocurrency payment network which has officially launched in hopes of limiting industry volatility.Centric works within a dual token ecosystem, the first being Centric Rise, which steadily increases in price hourly. This will help offer a reliable store of value and an incentive to join the network for users globally. The second token, Centric Cash, is pegged to the first token and will freely trade on major cryptocurrency exchanges.

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This sounds too good to be true. Is it?

There are significant risks that the Centric Foundation will need to overcome in order to be successful. These are;

Execution is vital to the success of the project, we place a heavy focus on hiring people with proven experience in their ability to execute quickly.

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Terms of the bond are as follows:

Price per bond: $1.00 USD

Max number of bonds available: 1,000,000

Bond buyback value: $1.30 USD /or/ 10 Centric Rise (selected on purchase)

Settlement: Immediately following completion of IEO

Distribution: Centric Bond – TRC20 token immediately delivered to any trx wallet

Transferable: Yes

Restricted Countries: No

Centric token sale eligibility: Yes – the team will speak with you directly

Private sale eligibility: No

Application Process: Team manually processing


Centric will continue developing relationships with our existing investors and we feel this new direction will provide the capital required to get Centric listed as quickly as possible.

For more information and to participate in the bond sale you can connect directly with the team here.
Lizzylove1
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May 04, 2020, 02:15:34 AM
 #24

People these days careless about the technology new projects offer, all they want to see is how profitable the coin is, if the coin can't be profitable after a while, investors ted to dump the coin and thereafter, the project just fail and shutdown, so a lot of new projects are under pressure from investors to stay profitable. Bitcoin remains the best form of coin to hold that won't rekt you.

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May 04, 2020, 03:06:15 AM
 #25

If there are tokens or coins with different use case and have a successful environment for that, why not try that coin or token? Expecting a coin which will beat bitcoin is the worst, however, other coin can aslo do some good thing remaining as sideway. ETH is a shit for your info, it is not decentralized at all.

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May 04, 2020, 03:16:01 AM
 #26

New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever
Indeed we dont need to look for a new one because old coins can satify us for their use case that can solve real problem and can be a profitable investment as well. New coins are mostly scam and only exist for short term profit without anything to present as use case to live longer in crypto space. Those who will buy their too good to be true offer are likely to lose their money as time goes by.

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May 04, 2020, 06:06:38 AM
 #27

Do not close the door to new coins as hard as things are today won't stop few high quality new coins that will climb up to top 20 on coinmarketcap someday, just get better at doing good research

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May 04, 2020, 06:13:19 AM
 #28

Yes top many new coins end up an exit scam or pump and dump, if you can't keep taking risks better stick with top coins, real new coins that really want to do something are hard to detect this days, it's not even about use cases again, new coins with very good use case turn scams too

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May 04, 2020, 06:28:42 AM
 #29

New use case my foot!
Good thing you realized it, better late than never.

The altcoins which promise everything to change and that they will be better than bitcoin is simply lying and not something to be interested in. What people need is bitcoin only and no other shitcoin to put their money in. New projects coming up are going to fail anyway, but the money makers in them will make their money because it is like their own little legal scam game. Advisors will get paid, team will get paid, investors money will spend there and investors will be getting a ton of tokens with no value. Thats how these are working.

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May 04, 2020, 06:42:03 AM
 #30

Do not close the door to new coins as hard as things are today won't stop few high quality new coins that will climb up to top 20 on coinmarketcap someday, just get better at doing good research
I have not seen any new coins do better than those old coins even price and services it could offer in their community. I think investors would only put their money in a certain project in a short period of time just to gain profits upon having it release and exchanges then would switch back to old coins for more stabiltiy.
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May 04, 2020, 06:55:56 AM
 #31

It's better to leave new coins be for sometimes before investing, like two years later and see how they perform, how they follow their roadmap and development, that's the best time to invest in new coins, many are falling victim because they invest once the coin gets launched, it's a wrong move
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May 04, 2020, 08:05:59 AM
 #32

"Why do we need new phones because existing phones perform all the same functions as well or even better than new ones!!!"
Do you know anything about how the market works? There is a demand for new coins as a means of making a profit - new coins appear (whether they make a profit or not is another question).
It is possible that in the future there will be coins that are better than btc/eth. cryptocurrency market will grow and develop. Think of it as an opportunity to go to McDonald's today tomorrow to KFC the day after tomorrow to Chipotle and next week to go to a Michelin starred restaurant.

I still don't understand about what u say, bitcoin is a cryptocurrency,it is a decentralized digital currency, did u understand what currency mean ? and you dare to equate it with stuff ?
And also your explanation about how market works its no sense.
There is no demand for new coin, the first thing is project come to the market with a briliant idea,then people looking for it,then they speculate,are this good for investement or not.

Any currency is a product needed to get another product, whether it's a Burger or another currency. Currency is just a single and generally accepted measure of value and it is quite possible to perceive it as a commodity.
If there was no demand for new coins, projects would not have held an initial offering to issue these coins.
Yes this demand consists solely of speculative intentions but it is still a DEMAND lol
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May 04, 2020, 01:31:10 PM
 #33

New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever

Bitcoin and Ethereum is the safest option for new investors without a doubt, but disregarding all ALT's is a stupid mistake that a lot of people will regret moving forward. Bitcoin is money, Ethereum is a dApp platform.
I agree that new coins with just a year or two worth of development have a very hard time competing with the major alt's, but if you look at what a project like Blocknet is doing which was founded in 2014, you'll perhaps start to understand why this one has a better upside potential that ETH itself.
It has 1/3 the total supply of BTC, and yet is trading at only around $1.

Blocknet launched the first first true DEX, and is building a blockchain interoperability platform capable of connecting blockchains and real world applications through their decentralized oracle network (do some research on their XRouter), on top of that, they are also developing their own Infura solution, to compete with Ethereums.

As a node owner you can potentially profit from all 3 of these services in terms of fees associated with the services, now THAT is pretty cool Wink
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May 04, 2020, 02:08:16 PM
 #34

come on dude, why many people always asking stupid question how the hell, you say new coin will beat bitcoin in what field, development,technology, marketcap, daily volume?i think many coin with great development and technology already exist, but guess is that thread bitcoin position,or will takeover bitcoin?i dont think so.
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May 04, 2020, 03:02:46 PM
 #35

With the way things are going I think very soon no single person will want to check out new coins anymore not to talk of investing on them, they are ninety nine absolute failures, wasted money, exit scam on investors etc

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May 04, 2020, 04:38:30 PM
 #36

New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever
Cause what new coins gave are just simple a copy cat of all old coins. To be honest, Im just seeing new coins as same project that actually just change their name but the whole idea are already seen on the old projects. What makes the new coins unique? Maybe investors goal is just to earn profits from these new coins or tokens alone.

Has anyone seen a stable increase from a new coin that eventually become one of the contender on the coinmarketcap? Has anyone can mentioned an altcoin that has an amazing history.

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May 04, 2020, 04:46:00 PM
 #37

Do not close the door to new coins as hard as things are today won't stop few high quality new coins that will climb up to top 20 on coinmarketcap someday, just get better at doing good research
Yes, good coins will always rise to the top even though it takes time, because everyone obviously likes good coins even though they are still in the new category, but the possibility for high volume of demand will obviously be very open in the market.
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May 04, 2020, 05:16:23 PM
 #38

There will always be a cause for trying out new things. Bitcoin was the first, then came ETH and other coins that are really doing well now. At a point in the market, ETH or other stable coins now were are regarded as new coins but yet investors saw beyond that and invested in them and now they are really enjoying the benefit from that. Some new coins are not really a total write off, some do carry alot of potentials but it will also require the patience investors had with bitcoin and other stable coins too.
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May 04, 2020, 05:24:52 PM
 #39

With the way things are going I think very soon no single person will want to check out new coins anymore not to talk of investing on them, they are ninety nine absolute failures, wasted money, exit scam on investors etc
Yes, because in the current situation it is not good to invest in a new coin, because the moment may have been different and there is a very good moment this year and that is also awaited by everyone.
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May 04, 2020, 05:41:08 PM
 #40

I don't think it's necessary to make hopes like that bitcoin has become the best alternative.
only need to develop technology from new coins that will emerge.
while bitcoin will still be coin no 1, while new coins will focus on development.

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