Topic: Do we really need a lot of Cryptocurrencies? - page 2. (Read 840 times)
in my opinion while the project has a useful impact and effect in the future it doesn't matter how much the amount will be if it is useful, of course it will be used, if the project is not useful it will die, we can see the number of altcoins that are no longer available, they really a scam in less than 1 year, and those who survive are worth coins.
I don't think we need a lot of cryptocurrency coin , because now they have thousands and still counting for sure but maybe they have still helpful even the coin is not potential because all we need is the cryptocoin who are potential to increase in the future.
We need this to have a competition so developers will trigger to do their jobs. And if there is no competition there is no market. If there is no market there's no fund for development of bitcoin.
but, now cryptocurrencies is more than enough,, and a lot of dev gone after their project dead and have no value,,
so, in my opinion we need only a few solid altcoins with serious dev my friend,,
because depends at coinmarketcap for now its more than 2000 crypto in the markets,,
and a lot of them have no value
No, of course not, only the strongest coins or the coins with great world usecases, the others will die in the near future.
There can't be it that we will need a lot of different cryptocurrency. It seems to me that it will be very inconvenient. There have to be about 10 main cryptocurrencies for use.
I think the reason why we have a lot of cryptocurrency is the greediness of people, everybody wanna create his/her own currency no body wanna adopt other currency. The time shall comes when only the strongest currency will survive and others will not have the chance to see the spotlight
I have no problem with market competition.
The weak and failed will fade out and the strong will shape this future of crypto.
The weak and failed will fade out and the strong will shape this future of crypto.
I don't think we need to have a lot of coins. Because most of them are garbage who nobody will use. We need only useful coins, and there are not many of them.
This is a new area and we can not yet say exactly what we need and what is not. Everything develops as it should develop, and the observed
We need this to have a competition so developers will trigger to do their jobs. And if there is no competition there is no market. If there is no market there's no fund for development of bitcoin.
Yeah, so far as the world's problem keep on multiplying and solution are been made more coins will pop up. Every coin come with it own purpose and uniqueness but for it to stand the test of time only time will tell since most of the coins lose it relevance.
Blockchain will disrupt these industries Banking and Payments, Insurance, Voting, Forecasting, Government, Crowdfunding, Retail, and Real Estate. Yes, we knew this that blockchain will play a big role in the future of those industries and it's a revolutionary.
But, do we need lots of cryptocurrencies?
More and more companies or startup companies were developing their own cryptocurrencies and a lot more in the future but what's the point of creating or developing it? Maybe we only need 1 for every industry but why does almost everyone develop their own cryptocurrency?
But, do we need lots of cryptocurrencies?
More and more companies or startup companies were developing their own cryptocurrencies and a lot more in the future but what's the point of creating or developing it? Maybe we only need 1 for every industry but why does almost everyone develop their own cryptocurrency?
actually we don't need cryptocurrency, quality is better than quantity. but what happens is that there are projects that have different objectives, even though there are also the exact same ones, plus the number of scam projects. why projects that have almost the same goals do not collaborate with each other
of course we need a lot of cryptocurrency, because if we only have one cryptocurrency then the cryptocurrecny price will be unstable and can be manipulated, so we have a lot of cryptocurrency so we can have many choices and to avoid price manipulation
for example, every country has money itself because if every country has only the same money then the money will be very easily manipulated so that it can destroy the country.
for example, every country has money itself because if every country has only the same money then the money will be very easily manipulated so that it can destroy the country.
It is not about the amount of cryptocurrencies we are dealing with that matters, but the number of good ones with products that can be adopted.
Some people just bring up projects for the sole purpose of making money, which is not good for long term inventors.
For every good project,there must be long term prospects and such must be productive.
Some people just bring up projects for the sole purpose of making money, which is not good for long term inventors.
For every good project,there must be long term prospects and such must be productive.
Invest in electronic money to make a profit. Should hold as much electronic money as possible. Only thing you do not have money to buy many electronic coins. When the currency goes up you will be profitable. Many people get rich from investing in electronic money.
if you analyze all the cryptocurrencies that exist, then among them there are a hundred really worthwhile ones and the remaining ones can be deleted because it is just a scam
Seriously we don't need this much cryptocurrencies as we already have. It almost makes the crypto market a bit childish since almost anyone can create a coin and organise an ICO at the end of the day the coin will make it to the exchanges with nothing new to add to the already crowded market.
Right.They are still not helpful to the success of the crypto world because most of them just died easily and won't even last even a year or two.For me having bitcoin is already enough.Its potentials cannot be broken easily and its here already for almost a decade so it's already well trusted by a lot of people.
Not at all, but at this stage, there is an enormous competition between the teams and it is probably going to pay off. One day one of these startups might become a big fish and it can become mainstream as well. It is a byproduct of an unregulated space that is inspiring creative people to come out with a game-changing idea. It is definitely the time that will be later classified as the "good old days. 
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Perhaps a large number of cryptos is not necessary, but we must be aware that this technology is developing in the midst of a free market that is looking for the most functional options that can really mean a valid alternative to the current financial system. Therefore, as long as there is no consensus regarding the ideal characteristics that a cryptocurrency must have in a way that satisfies all its potential users, there will continue to be an endless array of options that, in the end, will contribute to maintaining this market in a continuous evolution and improvement.
yes, we need lots of cryptocurrency. but as for now. more over 2000 altcoins
it's ridiculous lots of them.
just make us so much unfocus when trading.
the bad thing about this technology is it was too easy to copy a coin.
it's ridiculous lots of them.
just make us so much unfocus when trading.
the bad thing about this technology is it was too easy to copy a coin.
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