Now more than 2000 crypto currencies on coinmarketcap - page 4.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: o_e_l_e_o on September 26, 2018, 07:32:40 AM

And the number that have a working product and a real world use is in the single-digits.

This is exactly what it is. Shit coins everywhere, no value, no purpose, just being counted as altcoin.

Quote from: Wulanayu on September 26, 2018, 12:13:15 PM

Do all of those coins I think you have to reanalyze because not all in coinmarketcap are coins but there are many tokens listed on coinmarketcap.
of these, there are also coins and tokens that are not active in the market. I think the coinmarketcap must delete some coins and tokens that are not active.

I don't think he is the one that put them there. If they are not qualified as coins, they are qualified as cryptocurrency and CMC means, Cryptocurrency Markets Capitalization.

However, I support your view that those that are obviously moribund should be deleted.

Wulanayu

full member

Activity: 336

Merit: 100

Do all of those coins I think you have to reanalyze because not all in coinmarketcap are coins but there are many tokens listed on coinmarketcap.
of these, there are also coins and tokens that are not active in the market. I think the coinmarketcap must delete some coins and tokens that are not active.

felicita

legendary

Activity: 1582

Merit: 1031

lol now 2000 alternatives o the Bitcoin core.......
But mainly the most of these coins are NOT decentralized.
So for me there is only a few coins like monero interesting but mainly iam still going with Bitcoin.

regards

absurde

jr. member

Activity: 532

Merit: 5

That's why crypto market still is not stable, many of that projects offer nothing. Therefore Btc and major crypto token will eliminate those kind of projects.

KonstantinosM

hero member

Activity: 1492

Merit: 763

Life is a taxable event

Quote from: PsylockReborn on September 26, 2018, 05:51:59 AM

Some of those coins are just shitcoins. CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins. If only we just focus on few cryptos I guess there will be less FUD and more adoption. Some of those shitcoins created doubts to new players in the crypto market because most of them are just launched for the devs to profit.

No, they should keep every dead coin and token, so new people can get a good perspective of how many projects that managed to get listed have actually failed.

Quote from: pawel7777 on September 26, 2018, 05:59:14 AM

Worth mentioning that list includes 1,103 tokens, so more than half of total cryptos. Also, if CMC was to remove all the low/unknown volume ones that would take out big portion of it. ~30% of the listed have 24h volume of less than $1k.

On the flipside, number of dead coins is also growing:
https://deadcoins.com/
https://www.ccn.com/research-over-1000-cryptocurrencies-are-dead-projects/

You can easily exclude tokens on CMC. I think it's ok that they list them all together because as long as they get exchanged for dollars and can hold all the properties of normal coins they are almost indistinguishable.

Sixson

newbie

Activity: 29

Merit: 1

Well,thats nothing to compare with stox market.Still enough place to grow.And thats only one maket

hsyncl

member

Activity: 322

Merit: 10

Maybe that's why many people lose their money because of these ridiculous projects. This causes negative advertising for the crypto world. New investors are also affected by this, unfortunately, they are approaching this market.

kzozenberg

jr. member

Activity: 140

Merit: 1

The market has a very large number of coins due to the fact that the cryptocurrency makes it possible to develop very good openings and technologies and I do not see anything in this the more so on the coinmarketcap get coins with a turnover of more than 100k. I think that this bar can be raised.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: pawel7777 on September 26, 2018, 05:59:14 AM

Worth mentioning that list includes 1,103 tokens, so more than half of total cryptos. Also, if CMC was to remove all the low/unknown volume ones that would take out big portion of it. ~30% of the listed have 24h volume of less than $1k.

On the flipside, number of dead coins is also growing:
https://deadcoins.com/
https://www.ccn.com/research-over-1000-cryptocurrencies-are-dead-projects/

It is also worth noting that there are cryptos existing in low volumes and in cheap exchanges that are not yet listed on the CMC at the moment. A case in point is the so many cryptos listed on a certain exchange called Cryptohub reputable for housing shitcoins. On a brighter side, I think more coins should come on. The more we have them, the better an option we will have.

znation

jr. member

Activity: 188

Merit: 1

Those are the coins that CMC statistics, and many other types of coins are not ranked on CMC. It is possible to see more coins coming out but the pragmatism of the developed types is not a problem.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18711

And the number that have a working product and a real world use is in the single-digits.

What a joke the altcoin market is. 2000 coins/tokens, 100 billion dollars, and barely a competent team or working product between them. And more scam ICOs appearing every day, and more newbies losing their money by blinding sending it to the next project that promises impossible returns.

Quote from: Rkss4 on September 26, 2018, 06:10:30 AM

First position is bitcoin, but now bitcoin is in falling position and show red signal.

No it isn't. Bitcoin dominance is between 52-56% this month, which is the highest it has been all year.

Red-Apple

hero member

Activity: 1470

Merit: 655

there has been a lot more altcoins than 2000 for a long time now. it is just that coinmarketcap.com does not list all of them for some weird reasons that nobody has yet figured out publicly.
for example there are projects now that have been trying to have their coins listed there but never got any answer while shittier coins were already listed before them!

D3m1r4wanti

full member

Activity: 714

Merit: 102

Quote from: PsylockReborn on September 26, 2018, 05:51:59 AM

Some of those coins are just shitcoins. CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins. If only we just focus on few cryptos I guess there will be less FUD and more adoption. Some of those shitcoins created doubts to new players in the crypto market because most of them are just launched for the devs to profit.

Yes, I also agree with you. Coinmarketcap should start removing coins that have become shitcoin, with a small trading volume. some coins that do not have trading volume on the exchanger will be better if there is no marketcap coin listing

Rkss4

jr. member

Activity: 980

Merit: 1

Yes it is very important effective information. About 2000 coins in cryptocurrency market cap. First position is bitcoin, but now bitcoin is in falling position and show red signal.

hase0278

hero member

Activity: 882

Merit: 544

That just shows how famous blockchain and cryptocurrency has got all over the years to attract that many developers(and scammers) to develop many tokens and shitcoins. In addition to that, it is also worth mentioning that most of the 1103 tokens coinmarketcap keeps track to runs on ethereum blockchain using smart contract and on other coins allowing easy creation of own altcoin in form of tokens like waves.

pawel7777

legendary

Activity: 2436

Merit: 1561

Worth mentioning that list includes 1,103 tokens, so more than half of total cryptos. Also, if CMC was to remove all the low/unknown volume ones that would take out big portion of it. ~30% of the listed have 24h volume of less than $1k.

On the flipside, number of dead coins is also growing:
https://deadcoins.com/
https://www.ccn.com/research-over-1000-cryptocurrencies-are-dead-projects/

project_delta

jr. member

Activity: 98

Merit: 2

Quote from: cryptjh on September 26, 2018, 05:31:09 AM

Within the last few hours, coinmarketcap have reach a new mile stone, coinmarketcap now keeps tracks of more than 2000 different crypto currencies, around 10 new coins was added just today. Coinmarketcap now have 2003 crypto currencies.
Acceding to coinmarketcap historical snapshot there where 1055 coins around this date just a year ago. And 637 coins around this date two years ago.
https://coinmarketcap.com/

While crypto markets are spreading vastly, we need to ensure security and that no crypto scams exist. More power to cryptos.

PsylockReborn

member

Activity: 420

Merit: 24

Some of those coins are just shitcoins. CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins. If only we just focus on few cryptos I guess there will be less FUD and more adoption. Some of those shitcoins created doubts to new players in the crypto market because most of them are just launched for the devs to profit.

cryptjh

full member

Activity: 532

Merit: 185

Within the last few hours, coinmarketcap have reach a new mile stone, coinmarketcap now keeps tracks of more than 2000 different crypto currencies, around 10 new coins was added just today. Coinmarketcap now have 2003 crypto currencies.
Acceding to coinmarketcap historical snapshot there where 1055 coins around this date just a year ago. And 637 coins around this date two years ago.
https://coinmarketcap.com/

Topic: Now more than 2000 crypto currencies on coinmarketcap - page 4. (Read 623 times)