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Author Topic: What future is expected for new altcoins?  (Read 968 times)
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June 20, 2020, 07:23:12 AM
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 #101

The first and foremost thing I would like to see in altcoins or expect in altcoins most especially the new ones is for them to be USEFUL. The simple truth is that, most new altcoins are not useful at all, that is, the usefulness ends once they list, have a few pumps give little profit and that's it, no working products will he heard of again, even if the team had been working on any, they will start lagging behind. While on the other hand, the reason it looks as if top coins keep ruling is that, they have a working product which is useful, their use case is unique and the team are not ready to lag behind. Therefore until new altcoins or rather a good number of them starts doing something different, the ruling altcoins will continue occupying their spots.

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June 20, 2020, 07:40:55 AM
 #102

hello OP , i think that the 3 projects which you talk about are all made to steal people's money but i am sure that there will be other project's which having a hard time now but which will pop up later in the game as a solid project , ofcourse i do not know which one but crypto will be better and better and developing will go on
I also think like that because many cases that often occur are scams in the altcoin project, so I feel that altcoin must be created, there must be clear regulations because it will provide a very high risk for its users. so when there is a case of fraud or theft there will be appropriate legal action.

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June 20, 2020, 08:25:35 AM
 #103

do you think new altcoins will have a good future?
yes but not all altcoin because altcoin is now very much a scam

What do you expect from the new altcoins?
I just hope some altcoin will be better in the future and the team really works well using the funds that have been obtained, btw I have never heard of the project you mentioned above

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June 20, 2020, 09:24:46 AM
 #104

OP listed some projects and under each project stands "I didn't see any team member"! Well that means we can't expect anything from these projects. If you see a project with experienced team members, and you see them
working hard every day, you can expect a lot from that project. Of course many factors should be considered, are they capable to endure longer period without success, are they are qualified enough to deal with problems, their interaction with community, partners... More factors you consider in your research, you will be able to evaluate the project with more confidence.

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June 20, 2020, 10:01:16 AM
 #105

OP listed some projects and under each project stands "I didn't see any team member"! Well that means we can't expect anything from these projects. If you see a project with experienced team members, and you see them
working hard every day, you can expect a lot from that project. Of course many factors should be considered, are they capable to endure longer period without success, are they are qualified enough to deal with problems, their interaction with community, partners... More factors you consider in your research, you will be able to evaluate the project with more confidence.
This is one of the most important considerations at the moment. Real work with real evidence is the only guarantee that the project is really "implemented". This makes investors sure to support the project. We have to really make sure that the team is genuine, and not fake the identity of others. Many fraudsters take advantage of this.

But don't just make the team the basis for the assessment, but there are many other considerations that must be considered. For example, does the project offer the right solution to the current problems, besides the official social media of the project is also important to check.

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June 20, 2020, 10:54:46 AM
 #106

maybe my expect same like other people, have a good development and have function in real world not only pump and dump in exchange.
and no more scam for people who buy their coin, or anything bad that make people doubt about crypto.
but i guess it still hard, since there so many shit and scamer.
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June 20, 2020, 11:33:45 AM
 #107

OP listed some coins but i did not see good project. Even I wouldn't expected there coins wile take good place. This time i can't maintain new project where i have more profits chance. So it's between better to keep old coins with there has some profitable chance.

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June 20, 2020, 11:42:32 AM
 #108

A future where many investors will find it extremely hard to trust new altcoins, developers need to be prepared, don't waste your precious time on stupid ideas, 2017 is bygone, investors aren't the same again

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June 20, 2020, 11:49:43 AM
 #109

OP listed some coins but i did not see good project. Even I wouldn't expected there coins wile take good place. This time i can't maintain new project where i have more profits chance. So it's between better to keep old coins with there has some profitable chance.
This is safer, but you cannot cover the great potential of the new project. now new projects listed on major exchanges are the main attraction. do not let you miss the opportunity to benefit from risk. at the time of market conditions like this, coins in the market itself do not move much. the investment will take a long time.

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June 20, 2020, 12:39:40 PM
 #110

OP listed some coins but i did not see good project. Even I wouldn't expected there coins wile take good place. This time i can't maintain new project where i have more profits chance. So it's between better to keep old coins with there has some profitable chance.
This is safer, but you cannot cover the great potential of the new project. now new projects listed on major exchanges are the main attraction. do not let you miss the opportunity to benefit from risk. at the time of market conditions like this, coins in the market itself do not move much. the investment will take a long time.

He can stay with the old coins if he wants because that can help him to prevent the big risk from the new coins. As we know that right now, many new projects listed on major exchanges, but that doesn't mean the new project can go up, especially if bitcoin price now is not reaching the higher rate. That will happens too with the old coins. Perhaps, right now, we need to stay calm and wait for a while until bitcoin can remain at the sideways first so there will be a movement from the altcoin, and who knows, that will be the time for the most altcoin to increase although not much. If we want to have the investment, I think we can select bitcoin and don't invest in altcoin for a long time because I guess the altcoin will be good for a short term investment.

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June 20, 2020, 02:17:26 PM
 #111

if the project was born in 2020, I think it takes time to be able to reach all time high like coins from old projects, but for 2018 I see that many have recovered and even ROI has also exceeded 50% this is positive  Wink
That does not only need the time but it must need a lot of factors to be able to reach the ATH again. ATH is something that can't be reached instantly,  dude. The coins need miracle to get that. Some coins were able to reach its old ATH and it's very impossible to happen this time.

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June 20, 2020, 03:11:31 PM
 #112

The market is full of enough shitcoin yet more are coming everyday, I am afraid of what will become of the future of altcoins. Although we have some good project with great concept but we have too many bad project that make the crypto space to look bad.

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June 20, 2020, 03:13:34 PM
 #113

The first and foremost thing I would like to see in altcoins or expect in altcoins most especially the new ones is for them to be USEFUL. The simple truth is that, most new altcoins are not useful at all, that is, the usefulness ends once they list, have a few pumps give little profit and that's it, no working products will he heard of again, even if the team had been working on any, they will start lagging behind. While on the other hand, the reason it looks as if top coins keep ruling is that, they have a working product which is useful, their use case is unique and the team are not ready to lag behind. Therefore until new altcoins or rather a good number of them starts doing something different, the ruling altcoins will continue occupying their spots.

I agree with you, that was the answer I got in my head when I created this thread. I wondered what was the concrete use that most altcoins had, because new altcoins appear every day and on the new altcoin website there are many promises of things that people even think: "yes, it's a good idea and it can work "But when the person takes a few hours to investigate the team members (their curricula and experiences) in more detail, they realize that everything they wrote on the new altcoin website is nothing more than fairy tales.

Not all new altcoins are good, many of them are bad and most of the good ones are good for short term invest only

how can people who invest in these projects be comfortable knowing that the project was a short-term investment but the development of the project is very slow?

Those projects were scam projects. It looks so funny to see the vision of SVC and i kinda feel will SVC replace BSV in the future? All of those coins have no track record.

All of non sense ideas were using by them

These are scammers who are taking advantage of the idea of satoshi

For me, the new projects at the moment are scam. I do not see any projects that are really quality and have a good development team. I only care about the top altcoins in this market or a few altcoins that are IEO in binance

Even IEO's have become a big pump and dump scheme

Those were one of the worst examples on the market. They don't signify the whole alt market. The word altcoins is again too vague.
There are some very promising crypto projects. Some are already on their delivering phase. We all love and trust bitcoin but bitcoin's nature makes it difficult to make changes on it's nature. That's why I expect, altcoins to have better adoption and use than bitcoin in near future.

If someone asked you:

How many good altcoins are there? the number of good altcoins is so small that they become irrelevant in a market where there are thousands of shitcoins.

New altcoins can not be trusted, nowadays unqualified developers just come around and create a new projects to deceive investors

you spoke a great truth, one day I was contacted by a person who wanted to create an altcoin, but that person wanted me to create the ANN thread for him. So I asked about what that altcoin was and He replied that it was a project on youtube and I asked him to talk more details about that youtube project. Believe me, the person couldn't explain it properly and days later came up with another idea and said that he already had a developer who was someone who learned programming recently. I told the person that I didn't want to be part of the project because I realized it was a scam






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June 20, 2020, 04:06:16 PM
 #114

For now the new altcoins will not last long and if want to invest then do not use the long term because the new coins can only last a moment, and nowadays many investors are hesitant with the new altcoin because nowadays many ICO projects are scamer so as to be able to get results very difficult and less convincing, but there are also some new coins we can use to invest.

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amos77978
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June 20, 2020, 04:25:02 PM
 #115

majority of alternative coins are shitcoins.. infact.. I'd rather keep stones in my wallet than have them in it... especially those gotten from airdrops.. 99% of altcoins are failure.. becareful what you've investing your money on.. else.. sorry may be the case
coinfinger
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June 20, 2020, 07:37:14 PM
 #116

I would say it would be very difficult to create a new coin and get it to become huge. You would have to innovate beyond measure and would be expected to change too many things back to back in one blockchain and would have to have an amazing team that would do all their jobs perfectly and would have to spend a lot of money on marketing and community building. All of those all together is a very difficult task to handle and I wouldn't really expect it to be easy for anyone.

Definitely there could be mildly alright ones that doesn't suck but 99% of all the new projects will probably go down in price the moment they hit an exchange. Starting a new coin doesn't even make any sense now, I feel like all the coins are out there and the only reason anyone would create a new coin is to get rich and nothing else, it is like a low risk and low capital business for them.
HunterUnchained
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June 20, 2020, 09:27:54 PM
 #117

New coins should absolutely brace up for a tough industry that really doesn't pay attention to a project that has no real value or product which of course is one of the paramount reasons as to why there has been slow response by investors to new projects. For these projects to succeed, they need to go into major partnerships with real heavy name projects in the industry. Not only will it boosts investors confidence in the system again, it will surely reposition the industry for potential investors
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June 20, 2020, 09:55:38 PM
 #118

majority of alternative coins are shitcoins.. infact.. I'd rather keep stones in my wallet than have them in it... especially those gotten from airdrops.. 99% of altcoins are failure.. becareful what you've investing your money on.. else.. sorry may be the case
So many of them are just here to teat if they will get fund or not and if they do, they run away. except for very few. Imagine projects that are self-funded. They already have the fund to start with. So, to say that they want to tale away investors' money could be the highest joke of the century. A scam or shit project will always look for all means possible to take away the money belonging to investors.
gundala
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June 20, 2020, 11:40:26 PM
 #119

For now the new altcoins will not last long and if want to invest then do not use the long term because the new coins can only last a moment, and nowadays many investors are hesitant with the new altcoin because nowadays many ICO projects are scamer so as to be able to get results very difficult and less convincing, but there are also some new coins we can use to invest.
Right, most are just coins or token pumps and dumps. Strategies and quick steps are needed to get profits. It's quite risky if you hold it longer. Just look at what happens to IEO coins and tokens, after first day trading most will decrease significantly, even if it is held on a big exchange.
We must realize this, especially since economic conditions are difficult in the midst of a pandemic. The market can change quickly, extreme, so it needs high attention. Choose the most comfortable and safe strategy for you, we need to prepare for emergencies.

davidroux
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June 21, 2020, 01:44:58 AM
 #120

For now the new altcoins will not last long and if want to invest then do not use the long term because the new coins can only last a moment, and nowadays many investors are hesitant with the new altcoin because nowadays many ICO projects are scamer so as to be able to get results very difficult and less convincing, but there are also some new coins we can use to invest.
Finding a good project to invest in is really difficult because the market is always volatile, and investment cannot be certain about anything. I think instead of choosing to invest in ICO, you should join IEO more because IEO projects often bring huge profits for investors. However, large IEO projects will often be difficult to participate in because they will depend on luck.



                                                                                                                                             
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