Just so you know your coin will probably failsteemCreated with Sketch.

in #bitcoin6 years ago

If we take a quick trip down memory lane you will see something very sad. 3 out of the top 20 coins are still actively developed. This is scary because we are in a unregulated space, so anyone can start s project collect funds and just pretend to be in development until people get distracted by newest sparkling toy.

In 2017 there was a mass influx of scam coins and coins that are just piles of shit with no real use. Many of these coins have big followings and solely exist to make promises and not deliver, and yet they hold billion dollar valuations. This cycle will not last forever, and soon the real coins will be all that get any attention.

So be warned you tokens may sound cool now, but don’t be the one that gets stuck hold BBQcoin.

Here is a chart from 2014:

57417CC5-D277-45B6-9644-3C3F828C24F2.jpeg

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Well said and much needed. Even some of the legit coins are just way over valued. People really need to look into everything they hold

Any coin coin without actual real use values of 100 mill is over valued.

With no real use they should be worth 0 haha

But my coin will be added to cryptopia at same time as whitepaper. Held down by whales. Kill the bears.
™Abbygains meme inc

Freaking classic. Does she actually believe it?

at this point she has to, or she would have sold. or she is pulling one heck of a troll job on all of us.

Such a sad story. 4 figures to 6 figures in 3 weeks. And back to 4

there are lot of fake coins out there, we should be careful while buying some

If looks like a scam, it probably is

If not selected right it will definitely fail

Tell that to the masses.

Time will come when they will realise

That is so weird that Ripple use to be Ripples. I'm glad they changed the name! Thanks for the throwback image from 2014!

Times have changed

Always -- keeps us all on our toes! :)

Doge still surviving!!! I wonder 🤔

The dog that won’t go to heaven

Still wondering, there is no kittycoin chasing him....

Excellent post.

I look forward to all the shit coins being found out.
Then all the money pumping back into companies and technologies that provide cryptocurrencies with real world application!

This will be the case very soon, once SEC steps in all bets are off.

we should be concious when buying unknown coin which looks like scam. thanks sir for alerting us.

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