Altcoin Utility vs. Speculation: Are We Just Betting on Hype?

Finance Crypto
1

It’s wild how many altcoins claim to solve real-world problems, but when you dig deeper, it feels like most are just repackaged speculation. I’ve audited enough smart contracts to see projects with flashy whitepapers but zero real adoption.

So here’s the question: do you think utility in altcoins is legit, or are we all just playing a high-tech casino? I’m not talking about the obvious outliers more like the mid-cap coins that promise the moon but never seem to deliver. How do you separate the ones with actual potential from the vaporware?

Would love to hear from others who’ve been around the block. Are there any red flags or green flags you look for when sizing up a project’s long-term viability? Or is it all just timing the market and hopping off before the music stops?

2

99% of them are pure garbage with fancy buzzwords and zero substance. If the team can’t even name three real-world users, it’s a scam end of story. The whole space is a glorified Ponzi scheme until proven otherwise.

3

Back in my day, we built things that actually worked and had real customers. These fly-by-night operations wouldn’t last a week in a real market.