Post
Topic
Board Altcoin Discussion
Re: Most overvalued coin?
by
cryptomngr
on 21/02/2018, 16:47:26 UTC
I saw there are a lot of topics about undervalued coins, but I did not find any about overvalued coins. Smiley

I hope everyone agree that there is no point to talk about some pumped crap. So let's only talk about coins that should have real value, but for some reason are overvalued right now.

As for me, I think the most overvalued coin today is Ethereum. I don't understand why does it cost so much. It is not decentralized. It is not limited, so there is no deficit. Nowadays it doesn't look innovative. It is not even great as a cryptocurrency. Of course it is great for ICOs, but most of the ICOs are crap. Smiley Most of this coins will die in future. So it's just a hype and nothing more. Smiley
It would be the king of cryptocurrencies which is BITCOIN,bitcoin doesnt have any good working product/services it doesnt have a good platform like ethereum,only means this is just a plain decentralized cryptocurrency that has no use at all,payments? no way you dont want to pay a candy worth of $1 then the fee would be $10,it is the most overvalued coin of all time.The only thing why bitcoin has been pumping because it is the most well known cryptocurrency which these new investors wanted to get,not knowing theres a lot of coins out there that has more potentials than bitcoin.