Topic: New coins keep popping up? (Read 104 times)
Cryptoworld is basically trying to gain more shares from the global's wealth as one type of wealth reservoir. Though people do not like ICO, it is a major route currently shifting wealth from other places into this reservoir. Otherwise, these money will go to either house market, or stock market, or bank saving, etc. Unless more and more blockchain projects can really earn profits by themselves. Unfortunately, even the King of BTC cannot achieve this.
ICOs are unregulated that is why a lot of new projects are keep coming in to our community every single day,if there will be regulations it would be unfair for our decentralized community,these new projects are morelikely a new upgraded version and improvement from th existing coins so it isnt a bad thing to have,more quaity coins means high chance of getting more gains.
I think 2018 is the last golden year on ICO.... I think that people will start to be more vary to invest in shity ICO over time. I mean when people start to see that not all ICO is instant 2 - 100X, shitty ICO will have a harder time to reach their hardcaps.
It’s true new coins are keep coming and unfortunately they are useless. Only few of them will be permanent in this business. The main reason of this no sense is greedy entrepreneurs. They are creating new useless projects to take advantage of crypto investors and their money. We should avoid giving those people and their coins credit.
Your not wrong that the rich will get richer because of the nature of crypto, but we do have to go through this process no doubt. In order to find the projects that are going to take blockchain and this whole industry to the next level, we need to have this foot race and see who will make it. Otherwise if we had abandoned all companies that came around in the dot com era we wouldn't have the success of Amazon, Google, Youtube, and whatever others came after. Therefore, it is paramount we go through this process despite the fact some people are going to get caught in the cross hairs. It is exactly why they say invest what you can lose.
I believe most of the new coins without fundamental value behind will fail. I think there might be a trend of merging some of the coins to something more valuable together and there will be some rockstar coins at the end.
Also I believe there will be a great success with coins with physical value behind, like gold/silver/diamond backed.
Also I believe there will be a great success with coins with physical value behind, like gold/silver/diamond backed.
Crypto is still in an infancy stage and all this experimentation necessary towards progress, to see what actually works.
The emergence of new coins only benefit the billionaires to continue to benefit by pumping the new coins. Is it necessary to create new coins continuously? Because I see in the end the new coins will be abandoned by the digital asset merchants and demand continues to diminish.
Most of these new altcoins will go to zero. But I do believe some of them will be able to not only survive, but thrive in the long run. For example, Etheroll and Ethlend are two of the blockchain projects with huge potential. 
The emergence of new coins only benefit the billionaires to continue to benefit by pumping the new coins. Is it necessary to create new coins continuously? Because I see in the end the new coins will be abandoned by the digital asset merchants and demand continues to diminish.
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