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Topic: Do you think it is good that ICOs keep coming frequently? - page 3. (Read 385 times)

full member
Activity: 224
Merit: 101
competitive market it's always a good thing but in the sea of ICO's now we can hardly find the ones we can actually support.
I mean, at least for me 99% of the ICO are just money grabbing without any support or reliable information behind the project, the 1% of the projects which might be a very good idea or a proper one, get lost within the other crappy ones.
It's like cloud mining, at start it might have worked but people got greedy and did it just to scam people.
full member
Activity: 254
Merit: 102
I do not think it is good if too many coins keep coming in a short span of time. Many times people cannot uphold a coin for a long time and it ends up into oblivion. There are some scammers too who pop up at times.

These can be avoided if the introduction of a coin is regularized. However, this is not easy and it comes as a collective responsibility of our crypto community.

When there are way too many coins fighting to occupy space and success it may not be conducive to the digital market. The demand for only one existing coin may be so much that the others will have to be withdrawn from the race because there is equal distrust with all new coins.

When a structure comes into existence and when there is a serious regulation in place then I feel doors will be automatically opened for new coins. There should be a balance and investment should be made after thorough analysis of the ICOs.
A lot of ISO is definitely good. Thanks to this, the crypto-currency market is very competitive. Due to their competitiveness, crypto-currencies are developing, hence capitalization is growing.
full member
Activity: 308
Merit: 100
There is nothing we can do to stop or lessen those projects to come out every now and then because there is no law for this and governments cannot find a way to regulate it. this is why some countries are banning ICO and running an ICO is not that hard. you will just have to make your own shitcoin from ethereum smart contracts and just copy the codes from everywhere and start offering it to people.
jr. member
Activity: 34
Merit: 1
I do not think it is good if too many coins keep coming in a short span of time. Many times people cannot uphold a coin for a long time and it ends up into oblivion. There are some scammers too who pop up at times.

These can be avoided if the introduction of a coin is regularized. However, this is not easy and it comes as a collective responsibility of our crypto community.

When there are way too many coins fighting to occupy space and success it may not be conducive to the digital market. The demand for only one existing coin may be so much that the others will have to be withdrawn from the race because there is equal distrust with all new coins.

When a structure comes into existence and when there is a serious regulation in place then I feel doors will be automatically opened for new coins. There should be a balance and investment should be made after thorough analysis of the ICOs.

it is tooo many icos all just copy and paste and want to be rich fast.
also big players will join and use them money to pumping Icos for 2-4 months and collects money.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
of course it is not good but there is nothing can be done about it.
this is a free market which happens to be not-regulated and anybody with little knowledge or some small research can release their own shit and they do do that to make money out of thin air.
and it has turned the cryptocurrency scene into a joke. most people don't ever consider altcoins as a real thing. they simply ignore all of them because you keep seeing all these random useless projects and then see one or two even get big and enter the top 10 coins and fill the news!
full member
Activity: 343
Merit: 124
I do not think it is good if too many coins keep coming in a short span of time. Many times people cannot uphold a coin for a long time and it ends up into oblivion. There are some scammers too who pop up at times.

These can be avoided if the introduction of a coin is regularized. However, this is not easy and it comes as a collective responsibility of our crypto community.

When there are way too many coins fighting to occupy space and success it may not be conducive to the digital market. The demand for only one existing coin may be so much that the others will have to be withdrawn from the race because there is equal distrust with all new coins.

When a structure comes into existence and when there is a serious regulation in place then I feel doors will be automatically opened for new coins. There should be a balance and investment should be made after thorough analysis of the ICOs.
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