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Are most altcoins in the process of dying?

  • 12-09-2018 7:18am
    #1
    Bob24
    Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭


    There’s been a serious bloodbath with altcoins in the last couples of weeks/days. Bitcoin is having ups and downs but most altcoins seem to only have downs (or small ups and large downs). For exemple bitcoin is more or less the same price today is it was 3 month ago whereas Ether is less then half and getting close to a third, and Litecoin is more or less half.

    Do people think most altcoins in the process of losing support/interest and dying out? (I think they are but interested in other views).


Comments

  • #2
    el diablo
    Registered Users, Registered Users 2 Posts: 5,767 ✭✭✭el diablo


    Bob24 wrote: »
    There’s been a serious bloodbath with altcoins in the last couples of weeks/days. Bitcoin is having ups and downs but most altcoins seem to only have downs (or small ups and large downs). For exemple bitcoin is more or less the same price today is it was 3 month ago whereas Ether is less then half and getting close to a third, and Litecoin is more or less half.

    Do people think most altcoins in the process of losing support/interest and dying out? (I think they are but interested in other views).

    Yes, probably 90%+ of current altcoin projects will fail in the coming years. Some will exit-scam, some will run out of cash and the vast majority of them have no unique use case.

    Orange pilled.



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