Topic: Best way to develop the crypto world - page 2. (Read 280 times)
I actually think that the cryptocurrency industry could use some serious culling, there are too many trashcoins out there diluting the users, and hence making it more difficult for anything to pick up steam. People need to cut their losses on the trash, and just play with the big boys.
Day by day new digital currencies are launching in a rapid rate and as a result of that now we have more than 1600 Altcoin's in the world but my concern is will increasing number of new Altcoin's can help for the betterment of crypto world ? or don't you think rather than introducing new once we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
It wont do long term harm, but will do short term harm because they will be bust soon, like 99 percent of the altcoins. Same as startups. Only a few of them will remain. Only the good few
we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
yes, we do need to make existing one like bitcoin to be more usable but we cant. Only developers can make that the only thing we can do is to promote the coin that we want and spread the good news about crypto step by step we will make it to the top and crypto will be more usable in the future. Day by day new digital currencies are launching in a rapid rate and as a result of that now we have more than 1600 Altcoin's in the world but my concern is will increasing number of new Altcoin's can help for the betterment of crypto world ? or don't you think rather than introducing new once we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
Altcoins are born every minute, and some of them died as well. But from what I understand from your statement, you wanted to stop development of new coins? Its not possible because first this is a free market, second, no central authority to look at eery coins entering the cyrptoverse. So its going to be hard just to concentrate on certain coins, its really up to us whether to support those who is back up by fundamentals and has real life usage or go to shitcoins and just make money, still a dilemma.
Day by day new digital currencies are launching in a rapid rate and as a result of that now we have more than 1600 Altcoin's in the world but my concern is will increasing number of new Altcoin's can help for the betterment of crypto world ? or don't you think rather than introducing new once we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
The challenge with what you are suggesting is that every project has their own team and most of them are scattered all around the globe.
So projects with similar concept co-exist in the cryptocommunity. Most of them are not authentic and legit. Obviously, a lot of them are after for the money.
However, competition in the market is healthy as users can really choose the best and suitable one for them.
On the other hand, you can find projects that are really sincere with innovative technologies to offer. But, they couldn't find audience because their marketing is poor.
Sometimes, marketing is a big factor in exhausting its potential. That's when scammers come in. Scammers know how to manipulate their potential victims. Offering grandiose ROI, passive income and more. But in reality, they will be long gone once they dump their coins.
People should learn to evaluate projects that are heading to such failure. Else, they will be a losing their hard-earned money.
Actually many people do to make development of the cryptocurrency, as far as i know even joining bounty campaigns you actually manage crypto to develop just by advertising it and letting know the other people that cryptocurrency really exist.
The best way to moved forward is to invite more people towards the communities and educate them how crypto through buying and selling and also invest for a long time investment also by teaching them, which we help more courage to developed more.
I have way how to develop bitcoin and cryptocurrency more stronger by asking government to allow for using bitcoin as payment transaction, will be more benefit get by crypto where could be on higher price and always be trust payment.
This is indeed a great plan. And everyone must consider doing it. This will surely not only helps people in cryptocurrency or the investors but at the same time the government itself and the econimic situation can be improved. Bitcoin is something that is worth fighting for because of its potential.
very true about your opinion. the number of coins launched then more coins will be lost ... even many are also scam. but this is a process, where the strong with the strategy and the great team there will still exist. like a match, there is a defeat and there is a victory. we just enjoy ...
It is the elimination law. Good projects will exist and continue development. Bad projects disappear.
very true about your opinion. the number of coins launched then more coins will be lost ... even many are also scam. but this is a process, where the strong with the strategy and the great team there will still exist. like a match, there is a defeat and there is a victory. we just enjoy ...
Day by day new digital currencies are launching in a rapid rate and as a result of that now we have more than 1600 Altcoin's in the world but my concern is will increasing number of new Altcoin's can help for the betterment of crypto world ? or don't you think rather than introducing new once we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
Crypto development should not have much altcoin because more and more increasingly confusing, it should only focus on one coin, then create a good regulation for cryptocurrency, wake up systems that can detect scammers, so the trust is higher to crypto that can invite the number of investors and other companies that provide a payment system with digital coins
I have way how to develop bitcoin and cryptocurrency more stronger by asking government to allow for using bitcoin as payment transaction, will be more benefit get by crypto where could be on higher price and always be trust payment.
I agree governments restrictions and regulations are major barriers that has reduced the progress of bitcoin and other cryptocurrencies and I hope there view towards digital currencies will change in the future to make them allow bitcoin as payment transaction
The fact is nobody can stop innovators from bringing whatever they think is the next project/innovation to the market. Only solid and useful altcoins will survive this massive correction.
I read this article saying “which altcoin will survive the altcoin Apocalypse” https://www.newsbtc.com/2018/08/15/which-cryptocurrencies-will-survive-the-altcoin-apocalypse/
To be frank not all altcoin will survive. because altcoins are 90% down and its going to be diffcult for projects joking around to come back up with the rate at which new altcoins are coming up. So dont worry about the amount of altcoins that are coming. I just focus on the project that will use blockchain technology to better our lives.
I read this article saying “which altcoin will survive the altcoin Apocalypse” https://www.newsbtc.com/2018/08/15/which-cryptocurrencies-will-survive-the-altcoin-apocalypse/
To be frank not all altcoin will survive. because altcoins are 90% down and its going to be diffcult for projects joking around to come back up with the rate at which new altcoins are coming up. So dont worry about the amount of altcoins that are coming. I just focus on the project that will use blockchain technology to better our lives.
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First, it is correct to say that there are more than 1600 altcoins but it is more correct to say there are almost 2000.
I don’t think so many alts are good, as most of them will die and some of them will turn out to be scams, so, overall, they don’t paint a nice picture. People will relate the crypto world to losing money and scams. That’s already happening, btw.
I think only bitcoin and some others will survive, maybe 10 at most, so all the other coins created are a waste of effort, money and time.
I don’t think so many alts are good, as most of them will die and some of them will turn out to be scams, so, overall, they don’t paint a nice picture. People will relate the crypto world to losing money and scams. That’s already happening, btw.
I think only bitcoin and some others will survive, maybe 10 at most, so all the other coins created are a waste of effort, money and time.
I have way how to develop bitcoin and cryptocurrency more stronger by asking government to allow for using bitcoin as payment transaction, will be more benefit get by crypto where could be on higher price and always be trust payment.
Day by day new digital currencies are launching in a rapid rate and as a result of that now we have more than 1600 Altcoin's in the world but my concern is will increasing number of new Altcoin's can help for the betterment of crypto world ? or don't you think rather than introducing new once we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
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