Topic: Is the crypto market saturated? - page 3. (Read 1867 times)

That's certainly true, mate. Diversity is needed in order to help crypto/Blockchain tech become mature enough for mainstream use. While the number of projects will rise, only a few will remain listed on crypto exchanges. Investors will get to decide which cryptocurrencies to support on the free market. Cryptocurrencies that are able to provide constant development and innovation will be able to remain in the top ranks in market cap. At least, the decentralized and open source nature of crypto/Blockchain tech allows anyone to continue working on already-established projects or build a new one from scratch for a greater good. This will make a network effect on crypto land as we speak.

Nonetheless, I wouldn't worry about too many cryptocurrencies popping up on the market every once in a while. Top cryptocurrencies like Bitcoin and Ethereum will always remain in the spotlight due to the real use cases they provide for the mainstream world. As long as crypto remains decentralized, it'll be able to resist government interference. Otherwise, everything that's been achieved so far will be put in vain. The vast number of cryptocurrencies on the market shows us that the space is thriving (not the other way around). Just my opinion

I understand this problem but the more projects the better the crypto market will be.  That will create diversity and also motivate many projects to become more complete. Here are the reasons why new projects will have a good impact on the Crypto market:
+ When there is competition, existing projects must strive to perfect and develop their platforms.  So evolution and disruption will be in the Crypto market.
+ Helping the Crypto market to be more diversified, with more projects other than technology to attract investors from outside.
Therefore, rejection and selection will continuously take place, it will help the Crypto market to be raised to new heights instead of being labeled as a manipulative market.

It is funny how people say the BTC market is saturated because if it was really saturated and by saturated what I understand is, the growth is not possible once saturation is reached. If that was the case then how is the price going up at all? Its funny to even think the BTC market is saturated or even will be saturated in at least next 10 years maybe beyond that time it might get slowed down.

A market as volatile as BTC cannot be called saturated because there are enough traders to keep the game going and the price will always keep changing sometimes in your favor and sometimes to your disservice. If it moves against you then just wait for the right time instead of calling the market being saturated.

Cryptocurrency market is still an emerging market that is still at it's early stage. Though, many shitcoins without any real life usecase or value are been churned out everyday. This is partly due to lack of proper regulations on operations of the crypto projects, and also  greed on the side of the developers. The market is far from being saturated and more than 90% of these shitcoin will die a natural death. With the gradual global adoption of cryptocurrency, better crypto projects with real life solutions will be created. And I foresee virtually every aspect of human endeavour running on blockchain in the nearest future.

If the market was saturated then we won't see the bull and bear runs because being saturated means that the possibility of growth are almost zero while Bitcoin is still in it's early stage (yeah, I mean it) because we are still far away from complete adoption and once the complete adoption is complete and maybe when all the coins are mined we can say the market is now saturated because everyone knows about BTC so not much possibility of growth.

Talking about crypto market is general it is never going to be saturated because new projects come and there will always be bi-direction swings as good tokens will take the market in the upward direction while the bad tokens and the scam ones will pull it back down. the volatility of the crypto market itself proves that the market is far from being saturated.

Agree. I don't think the number of new cryptocurrencies on the market will decline as long as money keeps flowing into the market. As they always say in the real world, "there's lots of money to be made". While most developers create new cryptocurrencies for their own financial benefit, there are a few projects which have real use cases for the mainstream world. Projects like Bitcoin, Ethereum, and Monero will last a lifetime due to being indispensable for mainstream payments. Ultimately, people will decide which cryptocurrencies stay on the market and which go down the drain.

It's believed that once the crypto market is thoroughly regulated by mainstream governments, the rate of which new cryptocurrencies appear will decline massively. Centralized exchanges will ramp up their listing requirements in order to make the crypto/Blockchain space look more legitimate under the eyes of institutional investors and traders alike. Remember, all cryptocurrencies (no matter how big or small they are) have one thing in common. And that is Blockchain technology. The very same technology underpinning most cryptocurrencies on the market right now, will be widely used by governments and financial institutions (banks). Therefore, the more cryptocurrencies appear, the better will be for the maturity of Blockchain technology in the mainstream world. I wouldn't worry about the market's current situation, since it shows us how decentralized and healthy the ecosystem is. Just my thoughts

It unmistakable that shit project are also saturated in terms of concepts and utility but it still reasonable to say we have already saturated projects so that some naive investors who are yet to be victim of shit project will be more careful and choose to increase their knowledge first before making an investment in cryptocurrency market.


You are right but for the sake of those that don't have the awareness we had some information need to be passed across to them.

Saturated in number of shit projects in the market and also saturated when it comes to shitty ideas and concepts but it isnt really just right to say in the sense that we do already have saturated one.
Even some do treat as it is but we know on where our money or investment should be put up.It all matters in someone's decision on how they would deal on it.
If market is flooded out with lots or tons of coins then its our assignment to have some research and choose the best ones that you had saw.

First of all, i want to illustrate that the cryptocurrency market does not saturate not now that we have sone many companies that used Bitcoin as the reserve asset but it fake and shitcoins thats saturated in the market at some point. However, every that become worthless as you said is definitely one of the saturated shit projects.

As crypto space getting bigger and get known globally, the number of crypto project have to move about and keep creating another project again and again. It certainly can't be saturated because many of these project have gone already, buried for nothing, and replace a new one. But the problem in today's situation is that more projects that has been created , the more it becomes worthless projects, and the sad thing is that most of them were scams.

Coinmarketcap shows 7574 and coingecko shows 5992, difference of 1582 is significant enough to prevent a virtual number. I know of some coin that had been delisted on coingecko after such coins were delisted on exchanges. Many coins had really gone from the space that we never noticed and some are losing the communities, trading volume and number of exchange listed. We have a lot more coin that in last 4 years and I feel it will demand more fund and investors to help most of the project to gain traction.

In a way, you are right. However, these places show only their capitalization. It will be always less risky to deal with these top-50 coins, but the chance that you can get times more investing in less-known tokens exists. You simply need more knowledge about crypto and…intuition.

I think the popes are waiting for the most appropriate time to re-enter. And now bitcoin has moved up some altcoins moving downhill if bitcoin settles at a price of about $13k will probably make altcoins to the moon.

This is what could potentially cut down on the development of things like blockchain technology. Let them do whatever they want, if there are people who are willing to invest money we should not stop it, but when you let the cash flow that means people who could actually build something that is unheard of and other people who would build on top of that will eventually make it much much bigger.

This is exactly why I believe crypto market could never be saturated ever, since I believe all the new things put on top of the old one and build something much better, when you look at a new coin today and new coin yesterday they could look similar, but when you look a coin from a year ago and a coin from today even the bad ones of today looks much better. It is going to be thousands of coins a month every month in order to have a much better coin in the future.

From a crypto-anarchist point of view this is certainly unacceptable. in terms of usage and crypto-anarchist economies the market size seems to be limited to dark markets and they already seem to be saturated. The soft world is mainly interested in crypto about the P2P aspect of the network the ability to remove intermediaries. Crypto market is not saturated it will usually depend on knowledge and skills how to invest. Properly analyzing the market will make the projects easier.

Depending on how everyone views the crypto market, There are those who think that the crypto market is saturated because
many new projects have sprung up without a clear use, will only make people waste time and spend money on project scams.
There are also people who think that emerging new projects can provide alternatives to be profitable. I am one of the neutral
ones, because in my opinion it depends on our analytical skills in selecting projects. If we can choose profitable projects,
therefore the crypto market is not very saturating.

As long as people keep putting money into newer and newer things hoping that they could make a profit from the situation, I feel like it is going to considerably get worse and worse. There are coins and projects that look as shady as it gets but they still have huge volume just because people think they could get away with some profit before it crashes, people are literally going into scam projects knowing that it is a scam project just because they want to profit before it turns out to be a scam.

So, we are going to keep seeing something new every single day, it is not going to stop, scammers found a good way to make millions of dollars easily from greedy investors and there is absolutely no reason for them to stop at all, they will continue to profit as long as greedy people are willing to give them their money.

I'd say crypto market is definitely saturated, maybe there are about 10-20 altcoins with their own blockchain(not tokens) that I can see some kind of a future for them and what they're trying to build, but the rest of them are just useless tokens and coins with no real purpose and use case other than make their owner rich by luring clueless investors with tons of empty promises and roadmap and their whitepaper that was probably written by some hired hand that is not even involved with the project and was just paid to write a good inspiring whitepaper.

If only investors and traders were a bit more smart and crypto space didn't have that many shitty exchanges that would list any shitcoin as long as they are getting paid for it we wouldn't have that many useless tokens/coins in cryptocurrency market that as unbelievable as it might sound have an actual market value and are being actively traded, I mean many exchanges even have fake volume so they can even make up orderbooks for them and make it look like a coin/token for example has $100k in trading volume in 24hr while as a matter of fact the actual trading volume of that coin/token can be as low as $10.

Yeah it is true and a lot of people saying that there are free money here in the cryptocurrency market and a lot of organizations and businesses have a hot eyes wherein they saw opportunity in this kind of market. But the thing is, only small percentage of products and projects that are becoming successful and for me it is also a risky to build a company and a good products even though the potential reward is so high. The market is not yet saturated even though there are now many coins because most of the coins are shitcoins so we should not give care to it because for me it is just a waste of time if we will try to get some of it.

Too much of coins but this isn't really affecting the major cryptos because concentration of total market cap value is woth top 50 or even lesser than to it.