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Topic: Do you think we will start seeing more or less altcoins in the future? (Read 680 times)

member
Activity: 308
Merit: 10
I think we will see more, because there are a lot of people interested in it already. The providers are always doing what people want. If we will want altcoins in the future, they will be there. My opinion is that we will see more of them.
hero member
Activity: 896
Merit: 521
The phase Cryptocurrency is in can be compared to 90s interenet bubble. Many companies came online. There was huge fuss. Everyone wanted to cash out on the opportunity. Shares were trading at heights. Whether worth or not, companies were making fortune in the initial phase. Same is happening in Crypto market. Hundreds of ICO are coming everyday and launching their own tokens and platforms. Many are doing good in terms of investment. But most of them are worthless in long term. Even investors are not focusing on utility factor before investment. Most are following the crowd. I expect more altcoins to cmone in future as the fuss hasn't ended yet. There is huge potential market is still there. But just like the bursting of Internet Bubble where people lost millions and only those companies survived which had long term potential. We might see 90% of altcoins disappearing from the market. So yes, more will come and disappear in future.
member
Activity: 311
Merit: 10
I think we will see more altcoins with higher quality which may help us establish a system that is similar to the current monitoring of shit-posting on BCT. Indeed quality is better than having quantity,doesnt make sense why people are holding bunch of shitty coins because these coins wont have any good value in the future that is why you need to do a lot of research before investing
member
Activity: 224
Merit: 10
I think more and more new altcoins will be appear but at the same time i think those coins that are really potential will be sustain more longer, so must choose wisely.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Altcoin has come to  stay, just the way Initial public offering takes over the  investment  platform, ICO is the  revolution of this age.
full member
Activity: 336
Merit: 100
I believe that more and more altcoins will be minted but most of them have only one fate – to become a sh*tcoin in the future.  Only few coins would reach their goal and would bring you a good return on your investment. My personal opinion is that we don’t need more coins, we need more quality coins.
newbie
Activity: 39
Merit: 0
I can see the potential for millions of altcoins in the future.  Scary, I know.
newbie
Activity: 152
Merit: 0
I think altcoins will still be in existence for a very long time. But, I'm sure lots of altcoins in the crypto world will crash. Although, there are still some very good altcoins, which will gain their rise. But, i hope altcoins still stay for a very long time.
member
Activity: 196
Merit: 20
Both sides make sense to me, there are a lot of shitcoins being dumped into the market nowadays, so, either that can continue and we'll see more altcoins.

Or, on the other hand, people might start prioritizing quality over quantity and limit their investments into the coins that are actually good and have some potential.

What do you think?
Actually until now there's a lot of developers creating coins or altcoins, because they believe that time come passed and bitcoin will retire to their position. Most of the coin creators are hoping to the declining of bitcoin value, it's because they beliefs that if it is happen more crypto currencies and new coins are starting to raise up. I'm altcoins are increasing their number in the future, I can't see any reasons to less it. Because developers are continue extend their projects to become successful in the future.
member
Activity: 322
Merit: 10
That will gonna happen , we will see more altcoins in the future because there are many developers of alcoins coming in the future because they are also been paid by investors to create new altcoins for new introduction of business in the internet.
newbie
Activity: 154
Merit: 0
I think there will appear more and more alts, as we can see now even 100 altcoins can be announced in a week
newbie
Activity: 140
Merit: 0
Both sides make sense to me, there are a lot of shitcoins being dumped into the market nowadays, so, either that can continue and we'll see more altcoins.

Or, on the other hand, people might start prioritizing quality over quantity and limit their investments into the coins that are actually good and have some potential.

What do you think?

we will see more altcoins in the future, it won't stop, because people are fully realized that this is a great chance to earn so much money through their idea, project and platform, so i think that we'll see more altcoins in the future
member
Activity: 280
Merit: 10
This is like a natural cycle in nature. Constantly, new altcoyins will appear and weak coins will constantly disappear.
newbie
Activity: 210
Merit: 0
I think coins every month will be becomes more and more since for many organizers of business of ICO real chance to lift money. And the ideas of business the sea - respectively and coins will be the sea
hero member
Activity: 700
Merit: 500
Both sides make sense to me, there are a lot of shitcoins being dumped into the market nowadays, so, either that can continue and we'll see more altcoins.

Or, on the other hand, people might start prioritizing quality over quantity and limit their investments into the coins that are actually good and have some potential.

What do you think?
Many altcoins in the crypto market will crash hard and head towards zero value when the bitcoin starts its bull run. It is being said by many experts and experienced traders that 95% of altcoins in the crypto market will crash and die in future and very few will survive. Only those altcoins will survive which have advance technology and serve some utility in the real world. New altcoins will keep on emerging, but only those will hold on to market which has real world application, are unique and have advanced technology. So I think there will be pretty less altcoins in future then there are currently.
newbie
Activity: 144
Merit: 0

Surely it all depends on the number of other currencies and their overabundance. And to balance the virtual market, will change the number of currencies
full member
Activity: 448
Merit: 102
Yes i think altcoins will continue popping up but those who are serious to stay will be the ones that will last. It is quite sad how most of these altcoins turn out to be scam projects and go away with people's money. These numerous scam altcoins are the reasons why most social media platforms want to ban adverts on cryptocurrencies.
Crypto market or any other market, scams and fraud activities are everywhere and it’s hard to stop them unless people become smart enough to spot them and be careful from them. Scam ICO’s and altcoins surely won’t last long once the governments apply regulations on launching of them. Many scam projects will crash to zero value and die when BTC and other good altcoins start their bull run. Actions are being taken by government as well as by social media platforms to stop launch and promotion of scam projects and to secure the investment of people.
full member
Activity: 336
Merit: 107
Of existing apart from everything else there's no sign that there will be less altcoins later on as various ICO's continues to appear relatively ordinary. I figure the genuine fight would be will's identity the person who will pick up the trust of those speculators as I think there perhaps a considerable measure of altcoins and ICO's in the market now, financial specialists will contribute as they will esteem quality.
hero member
Activity: 966
Merit: 500
I think we will see thousands of coins in the future. Which represents some shares of companies.
Somehow projects have strong connect with real word, hope we'll go there.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Since ICOs are more on crowdfunding out-of-the-box projects, we will be seeing more altcoins in the future. You know why? It is because crowdfunding is one way for them to raise funds for a specific project. Yes, they need money to raise funds, but they have to make sure that they meet the expectations of their backers. ICOs will continue to grow despite the price nosedive of the altcoins.
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