Post
Topic
Board Altcoin Discussion
Re: This Why Altcoins will DIE
by
jademaxsuy
on 01/04/2018, 05:19:47 UTC
Altcoins never going to be the crypto CURrENCY people say. Only way altcoins survive is when the business USES the token themselves: business must create its own demand or don't have an ICO!

EOS creates demand for itself, so it will not die. GAS has its own demand, it will not die. Kora Network creates its own demand, it will not die. Only ICOs who make you need their token to use their service/business will survive...otherwise, don't buy into an ICO if the token won't sustain itself
Yeah you nailed it sir. Thus, other cryptocurrency are just for display and it could not be used after the ICO. IT will just burned and you will get nothing if you invest in that kind of ICO. So choose the right ICO that will help you meet your demands just like if you have business then you need a decentralized money transfer so you should choose an ICO that offers that kind of project. As we all know decentralized money transfer will help you save your money since its transaction fee is lower than the centralized money transfer wherein you are going to pay the service of the third party service provider and also to their affiliate organization or co-service provider and that is a huge transaction fee compared to decentralized money transfer system.