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Learning & News => News related to Crypto => Topic started by: newshunter on November 07, 2019, 01:00:31 PM

Title: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: newshunter on November 07, 2019, 01:00:31 PM
Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive

Ripple CEO Brad Garlinghouse predicts that 99% of all crypto will likely go to zero as they are not focused on solving real problems


Source: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive (https://cointelegraph.com/news/ripple-ceo-only-1-of-todays-cryptocurrencies-will-survive)

Would appreciate your opinion about this
Title: Re: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: Bobcrypto on November 08, 2019, 09:55:22 PM
I doubt this statement, and if only 1% of crypto will survive or go zero, then ripple will definitely go zero, and bitcoin will stand out of all crypto.
I think ripple ceo is not correct at all, because in my opinion, there are still some good projects out there that are focused in solving real problem in everyday life.
Title: Re: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: Goodcat49 on November 10, 2019, 06:09:24 PM
Quote from: Bobcrypto on November 08, 2019, 09:55:22 PM
there are still some good projects out there that are focused in solving real problem in everyday life.
Yes. there are. Around 1%:) Anyway, I don't agree with Ripple CEO because of the fact 80-90% of all cryptocurrencies have died already.
Title: Re: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: Uina on November 10, 2019, 06:46:34 PM
It's just prediction, right?

I do agree with most of the cryptos now are not focusing on solving real problems but I don't agree with his 1%. There's still a lot of altcoins that are doing their best to survive so I think the percentage is not accurate.
Title: Re: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: Bobcrypto on November 10, 2019, 10:05:49 PM
I think there is no certainty of that 1% analysis because if only 1% of all crypto are solving real used cases or solving real World problem as he explained, then we are left with just bitcoin, while other project remains a failed (projects) companies. Unfortunately, this is true, we actually have projects out there that are solving real world proplem, though they few. Thanks
Title: Re: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: Alcor on November 11, 2019, 05:49:04 AM
Many types of cryptocurrencies will not survive, but they definitely will not be as much as 99 percent. Cryptocurrencies with a real-life product that people need now are much more than one percent. This primarily concerns tokens. Among them there are many useless, but many good promising projects. Yes, we should not really worry about it. The period of “wild” cryptocurrencies is passing, when many fraudulent types of cryptocurrencies were created due to the ability to collect large amounts of money through the ICO project. Cryptocurrency is developing and improving. Useless altcoins will constantly change to new, better ones. This is a necessary and natural process.
Title: Re: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: Shahinaz on November 11, 2019, 11:46:24 AM
Brad Garlinghouse is true about 1% crypto that will last, too many offers with almost the same product that makes customers confused about choosing the best,
at least the creators of new projects with new technology better collaborate with previous companies so that existing projects are stronger and better
but this is only a prediction and opinion of the reader not?
whatever happens in the future hopes that crpto will remain more than 75% enough
Title: Re: Ripple CEO: Only 1% of Today’s Cryptocurrencies Will Survive
Post by: Senin on November 12, 2019, 06:59:41 PM
Quote from: Jooo12 on November 11, 2019, 11:46:24 AM
Brad Garlinghouse is true about 1% crypto that will last, too many offers with almost the same product that makes customers confused about choosing the best,
at least the creators of new projects with new technology better collaborate with previous companies so that existing projects are stronger and better
but this is only a prediction and opinion of the reader not?
whatever happens in the future hopes that crpto will remain more than 75% enough
The statement that there will be 75 percent of the total amount of all types of cryptocurrency may already be a bit much, but this is more realistic than just one percent. Now, even if the projects work fine, their teams are in no hurry to enter the exchanges with their tokens, because due to the general poor state of the cryptocurrency market, they all almost depreciated and there is no sense in fixing such a drop. The lack of their activity in the cryptocurrency market does not mean that they will die. At the same time, such projects can work at low prices for their tokens. Everything has its advantages and disadvantages.