Ban New altcoins | Bitcointalksearch.org

denzkilim

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Quote from: jvdp on January 23, 2018, 09:28:30 PM

Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

This is not a good idea because many companies are affected in this plan. So we should allowed only 50 coin in per year other altcoins are launching in next year. This kind of plan is better to your plan. First we create chart for this year launching altcoin. Then we should allocate one to fifty altcoins but i don't know how this is possible in current scenario. Because many MNC companies are launching the new altcoins so we don't stop or control. I think only one option is possible we don't invest in shit coin.

I don't think this idea gonna happen and will work well if implemented. We all know that crypto currencies are decentralized and there are no country or any government to control over it. And banning the crypto currencies is not a good idea because the competition of every crypto will be low, developments will be stagnant or no developments at all coz there's no one or few one's to compete with. The huge growth of crypto currency creation is a good thing for those who have REAL and LEGIT projects to work well and keep on updating their project for the benefit of everyone. At the end this is still a big issue and need a lot of time to study and make some policies and rules and regulations for the crypto currency world.

Zero1One0

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Putting a cap on new coins or tokens being created will limit the new projects coming in to the crypto space.

It's really up to the Devs to be mindful of what they are creating.

Also to the bitcointalk community, If you assessed that it's just another copy/paste of an existing coin with no innovation or roadmap to develop it / use case OT it's a shit token in ethereum that will be another trash in the crypto space, do not support it - even if it's an airdrop.

Indrawan77

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I don't agree of banning, I suggest there should be a regulation for new alt coin that want to be created, it will halt the swarm of the unuseful coin and it also can prevent scammed coin, I think we are already flooded with tons of coin that got no value, it can make people have a negative perception about alt coin, I don't mind to have a lot of alt coins appear as long as it got a good usage and potential for the future

Dudeperfect

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Well, I don't think banning would affect anything because we trust the principle of decentralization and if someone is not comfortable with the existing coins then he has a right to create his own with his own set of rules and there is no infrastructure as of now and I don't even see any possibility of such regulations where imposing a ban on the creation of such a coins but if we need something to prevent damage from scammers using ICO method.

boboking

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First this impossible because there is no regulation about creating new coin. There is no agency or ministry that can do this worldwide.
Second I do not think that having a lot of new coins will hinder the rise of the other coins. You just really need to know what are the coins that are potentially great in the future and you can do that by researching.

Geoll29

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Banning new altcoins is a good idea but I think it's not possible at this time. At the moment there are more than 1,000 digital currencies and most of them are not regulated by the government. Also everyone has the right to build their own business through cryptos. We also has the right to build our own digital currency.

jvdp

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Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

This is not a good idea because many companies are affected in this plan. So we should allowed only 50 coin in per year other altcoins are launching in next year. This kind of plan is better to your plan. First we create chart for this year launching altcoin. Then we should allocate one to fifty altcoins but i don't know how this is possible in current scenario. Because many MNC companies are launching the new altcoins so we don't stop or control. I think only one option is possible we don't invest in shit coin.

wagi

full member

Activity: 196

Merit: 100

Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

I think this good idea to realize because so many ico comes last year and this year too.
However, i think this idea is equivalent with legalizing ico so the only worth project can be raisen.

Davidbugs2

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Actually its not possible to ban selected coins or new ones, so its a shit concept in reality.

D3m1r4wanti

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we can not forbid the making of new coin coins, it is the right of everyone, and I guess we should not be afraid of the number of new altcoins every year because in the same year many coins are gone

crypto_Butterfly

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You cant ban new altcoins doesn't matter if they are coins or tokens. There has been many god tokens emerge in past few months then why to ban them?

gigatux

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Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

Mate, being logical we cannot ban new altcoins coming in because they are using Block-chain technology and Block-chain technology is an open source decentralized system. It means everyone can use Block-chain and no one can stop it. But I also wish there is a limit on how many altcoins need to be created per annum. It will flood less coin in the market and normally it also helped haste the growth of other altcoins.

reck1ess

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Quote from: ShadowBits on January 22, 2018, 12:53:42 AM

Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

I think that would be a great Idea so people may not be confused on what coins should they invest in, it is good to limit it only per year.

It is a good idea and also every investors in altcoins would be able to benefit on this, but my question is who would or who can handle this to make it possible? Is there any person who is powerful enough to ban incoming altcoins all over the world? Or do you mean in ban incoming alt coins only in this forum?
But the cons for this is if there are only limited altcoins per year, bounties and campaigns would also be limited therefore it will be more harder to join campaigns.
And the goodside of the project is it will be able to minimize the scam ICO, unless someone will check or there is a person involve on which altcoins should be accepted. Just my opinion, feel free to correct me.

coinsontheroad

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Forget about banning. Let the market sort it out. We're all adults here and we are all capable of doing our own due diligence. Our investment decisions should be entirely our responsibility.

Yakamoto

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Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

t. Individual who has a hard time making money on probably the easiest money-making platform right now.

You can't do what you're suggesting at all, the more of them that exist the more interest there is from the rest of the community for things like altcoins, and then it's just a game of finding the ones that will make you money reliably. It's not that there are too many, you're just looking in the wrong places. And there shouldn't be any guarantee of profit either. It should try to be somewhat legitimate, considering the situations plaguing a majority of the market (and the community at large) right now.

Either way, you'll never ban them. Guaranteed.

sabine80

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Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

this sounds like a good idea, but how should this work? i think this is impossible. people will still release new altcoins to get profit from it and there is no way to stop it.

tonalliapp

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yes its a good idea. but it is practically possible to ban the coins

babyshaun

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Quote from: sann111 on January 22, 2018, 12:43:21 AM

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

it's hard to be able to banned the new altcoin because of the ICO, CROWDFUND and AIRDROP. These are the new coins that come out this year. If other people are confused about choosing or investing in their coin we are no longer guilty of learning about crypto. my opinion is that I favor new coin appearing because of the opportunity that is just a pretty good background of the company and increasing the bitcoin exposure to other exchanger this possibility will still be in bitcoin. Today I do not see anything wrong with tokens that appear to be wrong to us if we choose the right coin. Another coin is just a bait to raise funds for us to make it worse when we get into it. so we make our own research before we invest.

paul00

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Activity: 854

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Why is there a need to ban any upcoming alt coins in thise community? I think this is not actually necesaary unless it was proven to be a scam. As far as I can see it new alt coins shows potential to be in the industry which helps all of us to have a mark up. I think people just needs to be picky on investments that you will make to ensure the safety of your investment.

bitcoinzen

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who will ban banning wont happen in decentralised market

Topic: Ban New altcoins (Read 534 times)