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Topic: New coins are 👎👎👎 - page 3. (Read 798 times)

hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 05, 2020, 03:34:04 AM
#52
Deny or not, the new coin will always release because people want to introduce the new system from the old system. Maybe some of them want to make money from cryptocurrency so they launch their project, and say to the public that their project can answer all the needs of people. We must be careful to buy or participate in the new project because many of the projects will try to scam us and only wants our money.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
May 05, 2020, 01:10:17 AM
#51
yes, most of the new coins are bad and don't bring anything new or good, just some copy/paste from another coin, it's rare to see good new coins
The new implementation needs a lot of effort consider about that must use a new protocol or mechanism to build a new platform with unique usecase. The majority of new projects can't do this caused by they have no enough idea or resources but i think the knowledge and experience are much more important.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
May 04, 2020, 11:22:40 PM
#50
yes, most of the new coins are bad and don't bring anything new or good, just some copy/paste from another coin, it's rare to see good new coins
Agree, new projects are now just a duplicate. I don't see any new project that really has a unique idea and can solve many of the problems we need. They are only made to pump and dump
jr. member
Activity: 84
Merit: 6
refercoins.com
May 04, 2020, 10:44:43 PM
#49
yes, most of the new coins are bad and don't bring anything new or good, just some copy/paste from another coin, it's rare to see good new coins
sr. member
Activity: 644
Merit: 257
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May 04, 2020, 10:12:05 PM
#48
There are enough altcoins already in cryptocurrency, new use case is very doubtful.
At least they will need something new to make their coin valuable, new concept and different from other coins.
Otherwise, they will become the duplicate coin of existing coins.
We cant seen so much advance concept today. All of them are just copying whats other has done before and you are right existing coins got all the use case and those new one are editing it on a different version but same purpose. I think new coins will hard to persue investors because of this, and the chance of them getting succesful is not sure. How many platforms have been created every day and every week? The problem on cryptocurrency is they should have a patent record to prove that they are started the concept and no one else should do the same when its already been out. Of course branding will be included otherwise there are lots of plagiriazed reasons for newer which I already seen these past few years.

What do you think if these new coins are restricted from being out? I imagined that market will somehow be stable and more have trust from the community.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
May 04, 2020, 09:49:28 PM
#47
There are enough altcoins already in cryptocurrency, new use case is very doubtful.
At least they will need something new to make their coin valuable, new concept and different from other coins.
Otherwise, they will become the duplicate coin of existing coins.
jr. member
Activity: 667
Merit: 1
May 04, 2020, 03:21:00 PM
#46
The fact is if new coins are not created, the ones we have us enough to solve all the existing human problems . It's important to make the project work and stop looking for new projects that will die half way.
jr. member
Activity: 252
Merit: 1
May 04, 2020, 02:46:43 PM
#45
New are coin from new listed project that try to find Stan in the market. Though the principal aim is to makes profit. Since the objective of going into business is profit.
And in some cases we say because of Monopoly or oligopoly that  why new coin are introduce. Which is a market structure characterized by a few or single seller, selling a unique product in the market.
jr. member
Activity: 182
Merit: 1
May 04, 2020, 01:48:38 PM
#44
The unfortunate situation boils down to the fact that we have greedy project developers in this space whose immediate intentions are to make a quick buck in an unregulated industry and without the fear of getting caught. You find them coming out with all sorts of useless or at best, half baked projects without offering any solution or use cases. There are thousands of redundant project tokens in the market and it makes you really wonder if this was the main aim of satoshi. Until the industry is regulated, there with be no changes.
hero member
Activity: 1694
Merit: 629
May 04, 2020, 01:27:16 PM
#43
New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever

Generally, yes, you are right, unfortunately, all newly created projects and cryptocurrencies of these projects are garbage, but it should be noted that there are very rare projects that are really successful. It is really difficult to realize a new project especially in today's market conditions, but it is not impossible. While the world is in the midst of the economic crisis, Bitcoin alone gained a great command of the crypto markets, while it is quite difficult to see a truly successful project. Unfortunately, due to many scams and fraud projects that we have encountered aside from bad market conditions, unfortunately we have such a perception in our minds. I think it will take a long time to destroy this perception.
member
Activity: 812
Merit: 10
BountyMarketCap
May 04, 2020, 01:23:11 PM
#42
Please stay positive and have a broader view of things you cannot just declare all new coins as scams because new good projects and coins are also coming up it is your responsibility to check each project and team thoroughly before investing or promoting it because it is your time and money.
full member
Activity: 1176
Merit: 162
May 04, 2020, 01:14:37 PM
#41
Good decision, Yeah, those two coins are really good they have already established trust and reputation to the crypto community. Both coins are legal in some countries already. Speaking of new coins, most likely new coins now functions as a utility token of a project. Some good and unique projects and they connect it to the blockchain. Well, for me it helps the crypto adoption. I am not really a fan of those coins that the only function is masternode or staking with no real use cases.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
May 04, 2020, 12:41:08 PM
#40
I don't think it's necessary to make hopes like that bitcoin has become the best alternative.
only need to develop technology from new coins that will emerge.
while bitcoin will still be coin no 1, while new coins will focus on development.
full member
Activity: 1148
Merit: 101
May 04, 2020, 12:24:52 PM
#39
With the way things are going I think very soon no single person will want to check out new coins anymore not to talk of investing on them, they are ninety nine absolute failures, wasted money, exit scam on investors etc
Yes, because in the current situation it is not good to invest in a new coin, because the moment may have been different and there is a very good moment this year and that is also awaited by everyone.
jr. member
Activity: 209
Merit: 1
May 04, 2020, 12:16:23 PM
#38
There will always be a cause for trying out new things. Bitcoin was the first, then came ETH and other coins that are really doing well now. At a point in the market, ETH or other stable coins now were are regarded as new coins but yet investors saw beyond that and invested in them and now they are really enjoying the benefit from that. Some new coins are not really a total write off, some do carry alot of potentials but it will also require the patience investors had with bitcoin and other stable coins too.
full member
Activity: 826
Merit: 100
May 04, 2020, 11:46:00 AM
#37
Do not close the door to new coins as hard as things are today won't stop few high quality new coins that will climb up to top 20 on coinmarketcap someday, just get better at doing good research
Yes, good coins will always rise to the top even though it takes time, because everyone obviously likes good coins even though they are still in the new category, but the possibility for high volume of demand will obviously be very open in the market.
sr. member
Activity: 1498
Merit: 326
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May 04, 2020, 11:38:30 AM
#36
New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever
Cause what new coins gave are just simple a copy cat of all old coins. To be honest, Im just seeing new coins as same project that actually just change their name but the whole idea are already seen on the old projects. What makes the new coins unique? Maybe investors goal is just to earn profits from these new coins or tokens alone.

Has anyone seen a stable increase from a new coin that eventually become one of the contender on the coinmarketcap? Has anyone can mentioned an altcoin that has an amazing history.
member
Activity: 574
Merit: 18
Making Smart Money Work
May 04, 2020, 10:02:46 AM
#35
With the way things are going I think very soon no single person will want to check out new coins anymore not to talk of investing on them, they are ninety nine absolute failures, wasted money, exit scam on investors etc
sr. member
Activity: 1188
Merit: 251
May 04, 2020, 09:08:16 AM
#34
come on dude, why many people always asking stupid question how the hell, you say new coin will beat bitcoin in what field, development,technology, marketcap, daily volume?i think many coin with great development and technology already exist, but guess is that thread bitcoin position,or will takeover bitcoin?i dont think so.
member
Activity: 406
Merit: 10
May 04, 2020, 08:31:10 AM
#33
New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever

Bitcoin and Ethereum is the safest option for new investors without a doubt, but disregarding all ALT's is a stupid mistake that a lot of people will regret moving forward. Bitcoin is money, Ethereum is a dApp platform.
I agree that new coins with just a year or two worth of development have a very hard time competing with the major alt's, but if you look at what a project like Blocknet is doing which was founded in 2014, you'll perhaps start to understand why this one has a better upside potential that ETH itself.
It has 1/3 the total supply of BTC, and yet is trading at only around $1.

Blocknet launched the first first true DEX, and is building a blockchain interoperability platform capable of connecting blockchains and real world applications through their decentralized oracle network (do some research on their XRouter), on top of that, they are also developing their own Infura solution, to compete with Ethereums.

As a node owner you can potentially profit from all 3 of these services in terms of fees associated with the services, now THAT is pretty cool Wink
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