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Topic: Do we really have enough 'cryptocurrencies'? - page 3. (Read 3128 times)

sr. member
Activity: 687
Merit: 301
I see having more cryptocurrencies as healthy competition. In which everyone wants to differentiate from each other in order to become the one coin we will be using in the future to buy our groceries and such. This competition to become number one will result in more technical innovations which will all be adapted by the one coin we will use in the future.


People losing money on crypto now should just go home and stop acting like they are wolfs on wallstreet. Don't invest money you cannot afford to lose.

hero member
Activity: 798
Merit: 503
After reading what you have there, I made the conclusion that you only focus on the few alt that have been able to get the attention of quite a percentage of the population of the crypto world however, ignoring the developing ones that could have the potential of the main ONE. Aside that, I hold the believe that without all this coins, I feel the pressure that would be on bitcoin would be to much to handle thereby leading it to its early grave. In as much as the already coins available is not meeting expectations I still feel we need them to provide the needed balance for the established ones.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
As someone said, we need more supporters not more altcoins. Adoption will be very difficult if there are billions of altcoins for every different purpose.

More supporters will happen in time,now that lots of company were trying to adopt it and many investor were putting effort on it.

I came back here planning on posting a specific comment..
KNOWING full well what you guys were going to say BEFORE YOU DID.

TIME..

I have already been here YEARS waiting for this so called "adoption" before you got here to tell me to wait..

You all want me to keep waiting while you all pile in to buy THE NEXT COIN.. for profits on the exchanger.

Problem is..
You all didn't come here to support adoption of a currency.
You showed up for 1 single reason.. to make money off alternative-use crypto related ICO schemes for money.
And that has nothing at all to do with adoption.

You are all doing NOTHING to further adoption.
You are simply watching your profits on Polo then screaming buy buy buy on the Trollbox.

A facade.. as illustrated by a never ending stream of noob accounts with a weak grasp on English.
I would bet my left net more than half of all these noobs are from India.. "my friend"

lambs to the slaughter.. whale food ultimately.
I seen it go down years ago during the big rush and it's happening all over again.
I walked away from the table while all of you are at the Doge table still "letting it ride" permanently as you investment gamble (as you all just out it on a another topic just now)
hero member
Activity: 868
Merit: 502
I think we need thousands of TOKENs  Wink
sr. member
Activity: 503
Merit: 250
As someone said, we need more supporters not more altcoins. Adoption will be very difficult if there are billions of altcoins for every different purpose.

More supporters will happen in time,now that lots of company were trying to adopt it and many investor were putting effort on it.
hero member
Activity: 1540
Merit: 500
As someone said, we need more supporters not more altcoins. Adoption will be very difficult if there are billions of altcoins for every different purpose.
hero member
Activity: 1428
Merit: 653
Next Generation Web3 Casino
What we need is not more cryptocurrencies but the supporters for each of them. Almost each and every day a new coin is introduced in the market and after sometime most of them disappear so in my opinion we need to be serious about whatever cryptocurrency we hold and show our interest in. We need to build a sustainable ecosystem for each of these cryptocurrencies.
sr. member
Activity: 434
Merit: 250
I think we have enough. Most of the tokens built on ethereum have very little utility and hardly any of the projects have had any kind of mass adoption.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I think there is enough for now, coz now there are ICOs almost everyday. We going to end up not knowing which ones to use or invest in

..yup THATS the problem  Roll Eyes



I think there is enough for now, coz now there are ICOs almost everyday. We going to end up not knowing which ones to use or invest in

No, we can't. Altcoins are nothing different than newer and better ideas over Bitcoins' protocol and by adding up to some new algorithms, devs are creating something new everytime they create an alt. It completely depends upon how we react and adapt to those coins, there should be a coin for each need that we have, like something for food, some alt for music, some for security and there should be much more needed to maintain the balance that will be shaken when the whole world will enter this crypto world and coins will be less.



Yup soooooo much ICO profits "innovation"  Roll Eyes

The only thing there is more of than "coins" here is the amount of times i have put something in quotes then posted the rolleyes.jpeg emoticon then called you all stupid.

I think the reason i come here is i am simply flabbergasted at the level of raw god damn stupidity that permeates this shithole scene and how you all have sooooooooooooo much free money to burn on scammy ass pointless bullshit for the slight chance of dem ROI'z on teh exchanger with yur profits coinz.

Nothing ever changes.
You all act like morons then i point and laugh and you start a new topic pushing on with the dipshittery.

Nothing i ever posted was debunked or denied or refuted.
You can't ..because i am always right.

There is two people here.. the guys eating popcorn watching the idiots walk into the wall for amusement and the idiots with a sore head.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
We need more crypto currencies? Probably not
We need more tech based on blockchains? Absolutely yes, the world will be more and more digitalized
legendary
Activity: 1218
Merit: 1007
I think there is enough for now, coz now there are ICOs almost everyday. We going to end up not knowing which ones to use or invest in

No, we can't. Altcoins are nothing different than newer and better ideas over Bitcoins' protocol and by adding up to some new algorithms, devs are creating something new everytime they create an alt. It completely depends upon how we react and adapt to those coins, there should be a coin for each need that we have, like something for food, some alt for music, some for security and there should be much more needed to maintain the balance that will be shaken when the whole world will enter this crypto world and coins will be less.
sr. member
Activity: 618
Merit: 292
We need more coins.
Because behind every serious coin is standing a new idea.
And new ideas are the fuel for technical evolution.

To say, that we do not need new ideas, means nothing less than stagnation and regression.
No thanks!
member
Activity: 95
Merit: 25
Yo!
I think there is enough for now, coz now there are ICOs almost everyday. We going to end up not knowing which ones to use or invest in
Because we can choose the most trustful ICOs and not all of them are good. Obviously we need more... MORE ALTCOINS TO THE GOD OF ALTCOINS! Grin Cheesy
newbie
Activity: 27
Merit: 0
I think there is enough for now, coz now there are ICOs almost everyday. We going to end up not knowing which ones to use or invest in
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
People do keep making them.. and i have no interest in stopping them.
What i take issue with is the facade that they are "coins"
AKA: a currency.

They can't be if they are not used as such.

And none of them are.
So if they aren't then what are they then ?
A fake currency traded on Poloniex for nothing at all but profits.

And how do people get profits ?
By starting a new one over & over and buying the coins cheap then dumping then on the next schmuck.

AKA: The greater fools game.

This shit is a fucked up pathetic joke  Roll Eyes
And i refuse to contribute to the rape of the word "currency"
She has had enough.. get off her you dirty pigs before i call the cops !  Embarrassed

You are all god damn crypto-rapists !
legendary
Activity: 1302
Merit: 1018
Cashback 15%
For years I've been on here reading people bash the number of alts in existence, but recently (while crypto has been on this ride) I've been reading more mainstream press about cryptos, especially BTC, ETH, and a few others.

One thing I've read more than once is the sentiment that there's not enough bitcoins to go round. Whether bitcoin is divisible to 8 places is kind of irrelevant. The divisible nature of bitcoin is already known. It's something else.

I think people like variety. Bitcoin may reach $100,000 or even $1,000,000 (or maybe even more). I'm also sure that BTC/LTC/DASH/XMR hodlers think the ladder should be pulled up behind them and that all shitcoins below must die.

I'm not talking about all the new cryptoplatforms springing up all around us. Their tokens are not pure currencies. They're blockchain fuel like ETH and XRP.

Ripple, for example, has no roadmap to be used as anything other than interbank. There's no push for consumer adoption. ETH also has no such plans.

So, do we really have enough pure cryptocurrencies to satisfy this entire planet's thirst for a new economy?

Or do we actually need more?
We dont need anymore because most alts that do launch have almost identical on specs or features but we would really expect that there would be even more because even theres bitcoin and other alts we are still searching for a coin that can be really changed in the things that we do like to be changed.This is reality and we can stop people on creating their own coin.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I think the OP here meant how many separate distinct unrelated coins.
Hinting that the total supply of some of them may not be enough.
Well there is a reason the FED reserve uses Quantitative Easing etc.

Let me put it this way guys.
Many of you are advocating that we all have as many Internets as possible.
Problem is they are not connected to each other.
So what then ?

Then it's not an internet.

https://en.wikipedia.org/wiki/Internet

Quote
The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.

So the same exact thing is playing out here in crypto..
It is of no use at all losing an adopter of the Internet to Lan users here.

I am the one who said this.
As usual I am the smart one.
I had to say this in 2013 and ever since over & over.
And it's sad because it common fucking sense guys.
And really i am not very smart ..it's just in crypto i look like a genius.
Because the crowd overall is really THAT stupid & greedy.

So..
Having more & more "coins" will simply make the adoption problem worse & worse.. duh right ?
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
I think we already have enough cryptocurrencies.  That's why when you already have one or more, you just have to support  it and please be serious on having it.

There are lots of cryptocurrenies out and there are still new invented alts.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
I think we already have enough cryptocurrencies.  That's why when you already have one or more, you just have to support  it and please be serious on having it.
sr. member
Activity: 280
Merit: 250
🌟 æternity🌟 blockchain🌟
This is a self regulating market built mostly on speculation. People are mostly here for these speculations and looking for new ways to grab each other's money. Think of it as an ongoing battle with constant reinforcements coming in in the form of new money and new battlefields opening up all the time in the form of new coins. That said, I don't think there is such a thing as "enough cryptocurrencies".
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