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Topic: Lots of Competition in Crypto (Read 243 times)

newbie
Activity: 121
Merit: 0
August 05, 2018, 04:24:12 AM
#31
There are many competitions in crypto.All coin want to be come first in market.and all of coins take place of btc.Some projects in ico are not good.So they try to improve it.Otherwise other coin will be grown.So in ico competition increase day by day.
sr. member
Activity: 630
Merit: 250
August 04, 2018, 04:52:43 PM
#30
for this year I think that worldwifi gives very good results. with sales success even reached hardcap sure is a good thing. even though it has not yet reached the appropriate price expectations but I think this is reasonable. These prices are slowly starting to rise and certainly could still have a chance for the more expensive again even close to the value of the ICO.
newbie
Activity: 98
Merit: 0
August 04, 2018, 04:49:35 PM
#29
Competition is good for the crypto industry... So long as its a healthy competition. It will bring out the best in projects and new projects coming up will draw their graph well and develop a unique use case so as to enable them get many investors as possible. Competition is good for business.
member
Activity: 420
Merit: 10
August 04, 2018, 04:47:01 PM
#28
Too many people are concentrated on profit, not on projects and ideas. Nobody want to hold assets if tokens price is less than during ICO.
member
Activity: 470
Merit: 12
August 04, 2018, 04:40:45 PM
#27
Well, last year was quite easy for devs: to collect funds they needed just a nice website and a whitepaper full of “blockchain, decentralized, groundbreaking” and so on. Now we are in a very different situation which is not in favor of projects that would like to reach a soft cap with an actual solution. Competition is a very important factor that will improve the quality of successful projects drastically. This way, we become accepted by a wider community of people which will ultimately lead to the mass adoption of cryptocurrencies  Smiley.
member
Activity: 294
Merit: 10
August 04, 2018, 12:21:52 PM
#26
The scope of the crypt is still quite young and now for many it is given a chance to occupy its own niche. With minimal costs and with virtually no competition.
newbie
Activity: 28
Merit: 0
August 04, 2018, 05:18:59 AM
#25
I don't think so. Yes it is true that more coins have risen with time are more are rising up, but I do not think, and I would rather not regard it as more competition, because most of the coins are rubbish and are going to fail soon anyways, just give them time. Some are just worth short term investments, only a few are worth your time and money.
newbie
Activity: 84
Merit: 0
August 02, 2018, 04:24:07 PM
#24
I think there are too many altcoins coming out everyday, too much competition and too little of innovative ideas is a bad combination on this kind of markets, I think the amount of projects tend to overwhelm the projects are really promising.
member
Activity: 223
Merit: 10
August 02, 2018, 04:04:00 PM
#23
I quite agree with you that majority of the ICOs that sprang up after the month of March has not been doing well. Even those that are backed up with viable product go down once they are listed and there are some that had to cancel their ICO just because they could not reach their target. But despite all these, there are still some few that had a success record accounted to them.
full member
Activity: 532
Merit: 100
August 01, 2018, 01:13:10 AM
#22
all good, bad and scam ICOs are mixed and so there are many times that we can't find good ICOs. with many competition around investors scatter and many times a good ICOs don't get a lot of attention. with a lot of scam ICOs investors becomes wary of which to invest.
full member
Activity: 406
Merit: 100
August 01, 2018, 12:58:24 AM
#21
I invest myself and give my friends advice for investing if possible. It seems to me that soon it will be able to become the most accessible and profitable method for investment
legendary
Activity: 1946
Merit: 1137
August 01, 2018, 12:57:32 AM
#20
every fake hype, every pump, every manipulation, ... have an expiration date.

if you look back at the history of altcoins, every now and then we have some major way of scamming people and taking their moneyz! for example not so long ago a famous way of doing it was to premine the altcoin you release so that you own a large number of the coins you release and then let others come in. as they came you dumped all the coins you created out of thin air and make a lot of money. people were falling for premine coins and every day there were new ones coming out.
eventually they caught on and stopped investing in these type of shitcoins.

now the same people have moved to ICOs. and the days of ICO is starting to end.
member
Activity: 335
Merit: 11
August 01, 2018, 12:40:54 AM
#19
I think a lot of ico are competing to get investors for their projects as well as many scam projects that make ico become negative and make a lot of people hesitate to invest in ico and plus also because bitcoin down causes almost all ico prices down
member
Activity: 378
Merit: 10
August 01, 2018, 12:27:30 AM
#18
I treat this as positive as possible because I think that this is a great way for a large income and in any case should not miss this opportunity if you have the means
full member
Activity: 686
Merit: 108
July 25, 2018, 09:40:06 AM
#17
As I think in 2018, there are very few good ICO companies that are interesting in the long term. However, I see that 1 company can shoot in a month. But the price of altcoins now at the bottom. Bitcoin is running up,and altcoins are sitting down.
I still know some of the ICO succeed on their project but mostly are really failed when it comes to raising funds. ICO’s don’t loss in the competition they just need to relax for now as we see bitcoin continues to soar higher. Actually a lot of good news in the last months and yet the market of altcoins don’t move that much, let’s stay calm while investing with altcoins.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
July 25, 2018, 09:36:36 AM
#16
Hello...Freind's

As we know that the year 2017 is the best year for Crypto Including ICO's. But After March 2018 there is no positive news here. I mean lots & Lots of competition came in Cryptocurrencies. No of ICO's came in 2018 but nothing more successful. What do you think Which ICO perform better this year?

Most ICO now scam , so people are afraid to invest , only most hype ones successful. examples is quark chain is the one.  but gradually the market is growing. we can expect a good growth . lets wait 
member
Activity: 686
Merit: 11
July 25, 2018, 09:26:14 AM
#15
Hello...Freind's

As we know that the year 2017 is the best year for Crypto Including ICO's. But After March 2018 there is no positive news here. I mean lots & Lots of competition came in Cryptocurrencies. No of ICO's came in 2018 but nothing more successful. What do you think Which ICO perform better this year?

If last year the market had also fallen over the long months, I would have looked at those ICOs that have become successful. People have less money and therefore less demand for new projects. I'm sure that if the market grows for 2-3 months, ICOs will again start giving xx profits.
What money are you talking about? People have enough money to pump up the market many times more than the previous ATH.
jr. member
Activity: 280
Merit: 1
July 24, 2018, 07:58:03 AM
#14
That should be the truth ,that there are a lot of competetions in the cryptocurrency , because this altcoins would like their tokens will be bought and make tbe value of their tokens to go up and trying to reach the goal of being successful coins , in the future.
member
Activity: 214
Merit: 10
July 24, 2018, 07:52:22 AM
#13
Yeah there's a few factors at play here. After the sucess of ICO's in 2016 & 2017, I think a lot of people saw making an ICO as an easy "get rich quick" scheme. This coupled with the market pullback has meant the ICO market has become very saturated with quantity over quality & dropping valuations making it very difficult to invest in a successful & profitable ICO.
full member
Activity: 387
Merit: 100
July 24, 2018, 07:45:05 AM
#12
As I think in 2018, there are very few good ICO companies that are interesting in the long term. However, I see that 1 company can shoot in a month. But the price of altcoins now at the bottom. Bitcoin is running up,and altcoins are sitting down.
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