Opinions about the emergence of new Coins - page 11.

Huskarls

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Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

1. Actually sometimes it's makes me uncomfortable with things like this that are continuous, because some of them are just make some bullshit projects just for recover their losses from previous trading
2. I don't even think it will have positive impact at all, they just build some stuff from people's fund.
3. Getting entry in the new coins is just like gambling, especially if you participated in their ICO with this condition. When it listed in exchange, the open price could worst than ICO price, this things happened so many times.

Harlot

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To answer the all the questions generally I think OP's main concern here is will new altcoins be a threat to Bitcoin's dominance in the market? And I think the only answer to that question is yes, BTC's reign for being the top crypto in the market is numbered ever since new cryptos are popping out in the market. It's market share will be decreasing every time there is a successful ICO introduced in the market, although it may look bad for Bitcoin the good thing is this new altcoins have a chance to make the crypto industry more popular, and I think that is the best way towards mass adoption.

Santri

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Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

1. What do you think of new coins / tokens that keep appearing

it shows that more and more people want to make crypto more developed and used in the future

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

2. What is the positive impact of this new coin on Bicoin

it doesn't have any impact because bitcoin doesn't depend on anyone

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

3. What are the benefits for traders with the emergence of these new coins?

in my opinion open the opportunity to get coins at cheap prices and sell when the market grows

pungopete468

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I think we should choose the coin that is currently available to continue. like bitcoin. to suggest other coins is actually a lot but the risk is also very large. because we could be exposed to fraud from the projeck.

JohnBitCo

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Quote from: ?? on ??

I still invest in coins that are on the top cmc besides that we are very risky. there have been many who suffered losses and I do not want the next to lose only for that big appetite. now prices also tend to be very cheap

I don't think that we should only invest in top 10 coin market cap coins and ignore the new coins which can proof to be better in the long run.
Recently BTT was introduced through Binance launchpad and soon after ICO it listed on Binance exchange. Those people who invested on this coin in the ICO got almost 10x Profit and this profit cannot be enjoyed if you only willing to invest in Top Volume CMC coins.

UmerIdrees

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Quote from: mersal on February 07, 2019, 04:42:37 AM

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

At this situation there is no big changes will happen when a new kinds of tokens when came to this market and people will also not get ready to invest their money and waiting for long time with holding their investment especially new currency had a lots of difficulties to invest so this will take long time to attack the people for investment.

It depends upon the project to project basis. If the project is good one, people will still invest in the new emerging coins. Of course if there are many new coins people investments will be divided among the coins. People will convert their bitcoins in these new coins and therefore the dominance of bitcoin will reduce. If you remember when the crypto market was at peak in 2017, bitcoin dominance was reduced to 37 percent and people invested in many new altcoins at that time. Then When the bearish market started, we say these altcoins dumping a lot and people going back to bitcoins.

Yamifoud

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Quote from: zhekinsp on February 09, 2019, 08:32:42 AM

Quote from: omonuyak on February 08, 2019, 05:27:05 AM

New coins always come with new marketing and advertising and as such actract investors. Traders always like to take those advantage because of the volatility of the market.

But the hype created from the advertisement is not going to keep the prices higger for too long so only the people whonare early to it will have chances of getting profits and now a days it is hard to find a project which is capable of getting succeed even in ICO level.

I don't like hypes cause it only give us losses as it happen. It is just like a trap for investors especially for new comers, those people who follow the hypes will surely experience losses in the end. Hypes couldn't contribute good to the market instead it ruin it and causes failures. That's is why mostly all newly created coins won't survive due to its declining price and it sadly that investors never look for its potentiality and aren't be competitive enough.

Indamuck

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Just because some ICOs and altcoins end up being scams doesn't mean they all are. There are is a lot of exciting new technology in crypto that could have more mainstream uses. Some people here like to dismiss everything that isn't bitcoin and call it a scam. By doing that you are missing out on the potential of 100x gains that happens with low marketcap coins.

zhekinsp

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★777Coin.com★ Fun BTC Casino!

Quote from: omonuyak on February 08, 2019, 05:27:05 AM

New coins always come with new marketing and advertising and as such actract investors. Traders always like to take those advantage because of the volatility of the market.

But the hype created from the advertisement is not going to keep the prices higger for too long so only the people whonare early to it will have chances of getting profits and now a days it is hard to find a project which is capable of getting succeed even in ICO level.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: omonuyak on February 08, 2019, 05:27:05 AM

New coins always come with new marketing and advertising and as such actract investors.

Only to be abandoned by the devs once the listing is complete and the koolaid feeder crew has completed it propaganda dumping their money on unsuspecting investors in the middle of the day. Typical ICO exit to grab your money and then go into a "maintenance mode" to look for more venture capitalists to feed on.

Quote from: ?? on ??

I still invest in coins that are on the top cmc besides that we are very risky. there have been many who suffered losses and I do not want the next to lose only for that big appetite. now prices also tend to be very cheap

Thats is also irrelevant to this discussion because it is about new emerging coins .

iv4n

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Quote from: andika2018 on February 08, 2019, 07:47:56 AM

Quote from: mersal on February 07, 2019, 04:42:37 AM

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

At this situation there is no big changes will happen when a new kinds of tokens when came to this market and people will also not get ready to invest their money and waiting for long time with holding their investment especially new currency had a lots of difficulties to invest so this will take long time to attack the people for investment.

Indeed, new coin and token in market without working product is just like pump and dump project. When the price looks bullish, developers team selling hard their share and dump the project. Better make research first before investing in new coin

Most of them are without a working projects, they are just startups without finished product, all they have are big promises. But some projects are working on filling wholes, and flaws of existing coins. I think we are part of something big here, this new system that is creating in front of us will be very different in the future from what we have today. Just compare 2010 with 2019 and you will see how many innovations we have in crypto, and it`s not stopping here, like there is a lot more out there to be discovered. Where are good things, bad things follow, it will take time and lot of work to separate wheat from chaff, but it will happen in one moment, big cleaning.

andika2018

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Quote from: mersal on February 07, 2019, 04:42:37 AM

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

At this situation there is no big changes will happen when a new kinds of tokens when came to this market and people will also not get ready to invest their money and waiting for long time with holding their investment especially new currency had a lots of difficulties to invest so this will take long time to attack the people for investment.

Indeed, new coin and token in market without working product is just like pump and dump project. When the price looks bullish, developers team selling hard their share and dump the project. Better make research first before investing in new coin

omonuyak

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New coins always come with new marketing and advertising and as such actract investors. Traders always like to take those advantage because of the volatility of the market.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Nensidru on February 06, 2019, 04:14:50 PM

Yes, everything is simple. From the new coins does not make sense. They are created just like that. The maximum benefit from them only to traders for a short time and no more.

That sounds more like a pump and dump scheme.

This is partially true for many coins out there which were pumped and then the owners dumped it while in the bull trend. In the end you are parting with your precious fiat and bitcoin to buy those shitcoins which have no long term value in growth. Unless you are a bagholding advisor of a certain project, I dont see any reason why any trader would continue to hold a shitcoin during a bull run but rather sell it for the profit and get out.

mersal

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Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

At this situation there is no big changes will happen when a new kinds of tokens when came to this market and people will also not get ready to invest their money and waiting for long time with holding their investment especially new currency had a lots of difficulties to invest so this will take long time to attack the people for investment.

wxa7115

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Bitcoin is GOD

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

I am not against new coins but when you see the majority of them are scams or are projects that do not deserve to get any funding then you quickly realize that those projects were created by scammers and have no real intention of developing something despite their claims.

Those coins have a negative impact on bitcoin and in the market in general since people do not trust in those people and their coins, and with good reason, so this creates an image of the market that it is full of scammers.

Finally the benefits for traders are significant since the more coins in the market the greater the chances they can find a coin that goes up in value faster than the rest of the market and they make profits that way.

rizkyhiw

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I do not think the emergence of new coins will not make all good ICO unprofitable nowadays it is very difficult to attract public confidence in cryptocurrency where some people are selfish without keeping investors well, the first point is a lot of fraud everywhere, small examples of making a reputation crypto is not good in the eyes of the public, it is very difficult to fix it again, some of them are worthless because of the increasingly fierce competition, I hope the people who created everything can bring their position to the better.

Nensidru

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Yes, everything is simple. From the new coins does not make sense. They are created just like that. The maximum benefit from them only to traders for a short time and no more.

Reid

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Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing

Some of them are good and some are not. Better to keep your safety first before buying anything that have a different ticker with BTC or ETH.

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

2. What is the positive impact of this new coin on Bicoin

The only good thing is when this new coins is using Bitcoin as means of payment when buying their tokens. It will somehow redirect the buyer to a new knowledge into knowing what BTC could be.

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

3. What are the benefits for traders with the emergence of these new coins?

I see that they are abusing the new tokens. Taking profit upon listing and then just leaving it there when they got what they need. Mostly, that is what is happening. I dont say all of them.

St4yInTh3D4rk

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"STAY IN THE DARK"

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

1. What do you think of new coins / tokens that keep appearing

Most of the tokens or created in the recent days for the purpose of money making because now crypto is like most profitable business with less capital.

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

2. What is the positive impact of this new coin on Bicoin

Not much,they were destroying the reoutation of crypto currencies by giving shit projects.

Quote from: akihikohideaki on January 31, 2019, 01:34:49 AM

3. What are the benefits for traders with the emergence of these new coins?

Just for the purpose of bump and dump.

Topic: Opinions about the emergence of new Coins - page 11. (Read 1694 times)