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Topic: Number of altcoins keep increasing! - page 17. (Read 3516 times)

jr. member
Activity: 107
Merit: 1
The World’s First Blockchain Core
October 10, 2018, 05:04:49 AM
#43
i   think  that  the  new  coins  everyd  single  day  are   getting  higher   and  higher  and  i  think  the  reason of  going  rapidly  high shows  that  there  is  a developing  according  to me.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
October 10, 2018, 05:00:42 AM
#42
It is more than normal.

Lots of entrepreneur around the world and more and more of them seeing the opportunity the market has.

And it is causing more altcoins constantly.
jr. member
Activity: 448
Merit: 4
October 10, 2018, 04:55:20 AM
#41
I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!

Yes, every day coins become more and more. What it will lead to I do not know, maybe some of which will disappear. Recently, many exchanges delisty coins.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
October 10, 2018, 04:46:19 AM
#40
too many useless tokens that bring nothing. The crack of 2018 has failed to purge this. The market is not mature and is still small...there is still a lot of shares to take.

the market is constantly being "purged" of shitcoins but the problem is that this purge takes time so their death spiral sometimes takes along time to complete. but it will happen eventually.
and another problem is that there is constantly new shitcoins being created and introduced in the market so there is no way we can see the market fully purged and clean.
member
Activity: 181
Merit: 40
October 10, 2018, 04:03:57 AM
#39
too many useless tokens that bring nothing. The crack of 2018 has failed to purge this. The market is not mature and is still small...there is still a lot of shares to take.
sr. member
Activity: 1002
Merit: 250
October 10, 2018, 03:55:01 AM
#38
All right Now this trend is launched a large number of projects that produce tokens, which in most cases have no value, in addition, everyone can release their token. I think that this does not affect the market, but just litters it with all sorts of garbage.
At the end of 2017 and the early of 2018, a lot of ICO projects have been released, this thing made the demand of ETH increased a lot, made ETH price went over $1200, so you think the market is not affected by tokens?
sr. member
Activity: 812
Merit: 256
October 10, 2018, 03:51:29 AM
#37
Becouse everyday new projects come to market and its normal number of alts keep increasing especially tokens but we see others which havnt valume start to die. 
full member
Activity: 457
Merit: 100
October 10, 2018, 03:41:15 AM
#36
All right Now this trend is launched a large number of projects that produce tokens, which in most cases have no value, in addition, everyone can release their token. I think that this does not affect the market, but just litters it with all sorts of garbage.

tokens are extremely useful for fast profits. but need to make a research before buying any of them.
full member
Activity: 773
Merit: 100
October 10, 2018, 03:39:58 AM
#35
All right Now this trend is launched a large number of projects that produce tokens, which in most cases have no value, in addition, everyone can release their token. I think that this does not affect the market, but just litters it with all sorts of garbage.
jr. member
Activity: 228
Merit: 1
October 10, 2018, 03:28:49 AM
#34
in this year I think a lot of coins fraud and ICO failed to run the project because the lack of investors, and I think it will continue to develop a daily basis, because the number of new community in the world crypto
sr. member
Activity: 500
Merit: 250
BountyMarketcap
October 10, 2018, 03:22:59 AM
#33
As the time and development of altcoin continues to increase, competing in blockchain technology creates new coins. This shows increasingly rapid innovation. Evidence that the development of altcoin continues to run, sometimes old coins die on the market caused by the emergence of new coins.

New coins have sprung up because of the success of coins that have already been created. I think the number of altcoins will never stop, and fraud coins are increasing.
full member
Activity: 322
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
October 10, 2018, 03:04:05 AM
#32
It is really a fact that every day we see a lot of new coins that are entering the market, every day someone launches new projects, implements new ideas. Most of the coins, of course, will gradually die, leave the market, appear new, I think this is a whirlwind, but the strongest coins that society needs will survive.
newbie
Activity: 80
Merit: 0
October 10, 2018, 02:58:04 AM
#31
The increase in altcoin is a normal development law. The growth of cryptocurrencies will already have more altcoins, but many will be eliminated.
jr. member
Activity: 322
Merit: 2
October 10, 2018, 01:48:46 AM
#30
I agree, many altcoins are getting born everyday. But this altcoins doesn't born just to compete to other coins, they have specific function to the project. Some can be used as a mode of payment, and etc.
full member
Activity: 1260
Merit: 100
October 09, 2018, 11:34:10 PM
#29
I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!

I think in 2017, there were many altcoins created more than this year. Peoples have known there are many scam coins created,
so they don't buy the new coins easily anymore. There are many altcoins, but the one with a good project will be surviving from time to time.
full member
Activity: 406
Merit: 100
One Social Network
October 09, 2018, 07:28:53 PM
#28
With that being said that new altcoins are being created every day, I'm sure that there are altcoins "dying" every day. There's not much fanfair for coins dying, but they may get abandoned by developers and their price goes to virtually zero. It's unlear how many cryptocurrencies we actually need... maybe just a handful or maybe we need to tokenize the whole world. I think it's a confusing market out there for someone looking to get started in crypto. It might be nice to see a few currencies and platforms become as well known as Bitcoin to the general public.
newbie
Activity: 223
Merit: 0
October 09, 2018, 07:23:06 PM
#27
Yea! numerous coins are been introduced on daily basis. Don't forget that the end shall always justify the means. Most of them shall get withered as it has been happening when their objectives to either scam or just makes profit are deterred since people are also cautious not to join bunt of rubbish coins with no qualitative community or standardized Team as investment. Equally, with extreme care, good ones emerges with qualitative features like this Ternion I came about. Finds more here: https://bitcointalksearch.org/topic/m.41773542
copper member
Activity: 269
Merit: 0
October 09, 2018, 07:20:02 PM
#26
I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!
That's the sad reality that some of the altcoins in the market is not needed or they will die soon enough. Some developers are continuing to develop coins/tokens to earn money without a solid project thus contributing to the number of altcoins that is in the market right now.
jr. member
Activity: 182
Merit: 2
October 09, 2018, 06:57:26 PM
#25
It does not matter, everyone can create a coin which is mostly useless and for nothing so it will keep rising, but good coins that will have impact on the industry also there.

The number of investors contribute to the development of new Altcoins. Although some of it is useless, I believe that it will have its value soon as people keeps supporting it. The number of altcoins increases but the number of investors drops since cryptos get banned in most of the areas in the world.
legendary
Activity: 2226
Merit: 1086
duelbits.com
October 09, 2018, 06:52:50 PM
#24
Yeah, the number of altcoins always increases day to day. Unfortunately, most of them are worthless and have no prices once listed on exchanges. Actually, I don't really understand about the decline cycle also influenced by these altcoins. But, certainly more new altcoins makes the competition among them too tight yet many altcoins have the same concept, ideas, and in the same sector. It triggers for worthless coins or tokens on crypto market recently.    
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