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Topic: Opinions about the emergence of new Coins - page 4. (Read 1675 times)

full member
Activity: 668
Merit: 100
DogData
indeed, now many new coins are appearing but it will not be long to last because from last year to the present year many new coins have become trash because they are not developed anymore
legendary
Activity: 2912
Merit: 1068
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I would say that nowdays we have flood of new coins. Bitcoin has started so called cryptocurrencies revolution and ever since then new coins appear all the time and this can't be stopped anymore.
But I don't have faith in these coins and very rare some of them has very little chances for some kind, usually short term, perspective. It's good to have some variety and choice but too my opinion now we have too much coins without any use.
hero member
Activity: 1134
Merit: 500
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?
If 2-5 years ago was easy to develop new coins in the market, at current status everything is difficult, the reglementations, competition, the crazy variety of coins, to launch a new coin is a real provocation.
hero member
Activity: 2492
Merit: 542
I can see many new coins launching almost everyday from different countries and developers but I cant see any unique real use cases from it most new coins now has only an updated versions of the old one make some improvements but the general idea and use cases is not changed from the old ones it only developed just because of collecting huge money from investors not actually creating a useful blockchain technology.
sr. member
Activity: 2436
Merit: 272
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Why the hell we need more new cryptos?

I don't find any reasons for the new more crypto currencies to be created so the project team were doing to make profits nothing more.

We already have enough of it and we just have to concentrate on the development of those coins and make it usable in practical life.
hero member
Activity: 1106
Merit: 506
most of the new coins are only actions to raise money. and many have finally not developed and died because now investors are getting smarter in choosing which coins are good and bad. and the appearance of new coins in my opinion does not affect the price of bitcoin. because bitcoin is the main coin and has a market capitalization of 50% of the total. and for new successful coin traders it will certainly benefit. but new cheating coins will bring losses. I think traders are now also more selective in choosing new coins.
full member
Activity: 432
Merit: 100
I have read several white papers of these new projects and almost all the projects seem to add or solve some problems in one way or the other.  That I think is good because because it will help to make life much more easier but the fact is moat of these projects, though with good ideas fail to develop.
I believe the emergence of new coins can attract more people into crypto and but I fear that most of these new investors may be scammed and that will add up to the fear people have in investing in cryptocurrencies.
sr. member
Activity: 1246
Merit: 255
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If bitcoin was the only cryptocurrency for usage now this could've never reached such a great growth in such a short time period. With the emergence of more and more cryptocurrencies people came to know about the blockchain technology behind the evolutionary cryptocurrency and about cryptocurrencies. Maybe in the mean something bad happened with ICOs but in the long run emergence of new coins will surely be a good thing for Cryptocurrency.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
So if they only care about making money for them and not for the community that they will support them, they do not deserve to be funded.
Whether they deserve to be funded or not is our personal opinion. That is upto the buyers to decide. Obviously they care least about the community even if they say that they do. But really who cares? They just grab your money and then lie back in the telegram channel for days saying development is going on. Grin

Quote
Some projects that do not care about their investors are obvious and they should black listed from the beginning from the communities. We do not need projects that take and not giving to us.
There is nothing called blacklisting here. This is a forum and they allow free speech and nobody can take away that right from them. Instead we should work together in cleaning out any bagholding troll from promoting their shitcoins here. Rest whoever wants to invest can do so at their own risk.
legendary
Activity: 3122
Merit: 1032
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Spoken rather publicly about my dislike for new coins.
Some of us have invested and lost in older ico projects so I dont see the same confidence that once flowed freely.
I myself am sticking to the basic coins of BTC ETH LTC going forward until I see a project that really stands out.
hero member
Activity: 1302
Merit: 540
in the progress of today's era and technology there are many new coins and new investors and continue to compete to be the best and all return to the confidence and patience of each investor in choosing the coins they believe
That does seem like a ponzi does it not? Majority of shitcoins are methods to allow the teams to make money not the investors. They would release something new to pump the market and themselves dump in the pump and cash the money out. Or they will give the juicy info to their known friends who will cash out and dump on the hands of their new investors.

Thats nothing more than shitcoin shitshow going on. Nowhere are these projects going to revolutionize everything, rather they will grab your money and get rich which you sulk around seeing the state of things.


So if they only care about making money for them and not for the community that they will support them, they do not deserve to be funded.
Some projects that do not care about their investors are obvious and they should black listed from the beginning from the communities. We do not need projects that take and not giving to us.
Which should be the first thing that investors needs to look while searching for good project to support, those developers team behind should care about
people who funding their projects, they needed to assure the community that they are seriously developing projects that will emerge to the needs of
people specifically from the venue that they are targeting.
member
Activity: 980
Merit: 62
in the progress of today's era and technology there are many new coins and new investors and continue to compete to be the best and all return to the confidence and patience of each investor in choosing the coins they believe
That does seem like a ponzi does it not? Majority of shitcoins are methods to allow the teams to make money not the investors. They would release something new to pump the market and themselves dump in the pump and cash the money out. Or they will give the juicy info to their known friends who will cash out and dump on the hands of their new investors.

Thats nothing more than shitcoin shitshow going on. Nowhere are these projects going to revolutionize everything, rather they will grab your money and get rich which you sulk around seeing the state of things.


So if they only care about making money for them and not for the community that they will support them, they do not deserve to be funded.
Some projects that do not care about their investors are obvious and they should black listed from the beginning from the communities. We do not need projects that take and not giving to us.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
in the progress of today's era and technology there are many new coins and new investors and continue to compete to be the best and all return to the confidence and patience of each investor in choosing the coins they believe
That does seem like a ponzi does it not? Majority of shitcoins are methods to allow the teams to make money not the investors. They would release something new to pump the market and themselves dump in the pump and cash the money out. Or they will give the juicy info to their known friends who will cash out and dump on the hands of their new investors.

Thats nothing more than shitcoin shitshow going on. Nowhere are these projects going to revolutionize everything, rather they will grab your money and get rich which you sulk around seeing the state of things.
member
Activity: 514
Merit: 10
●●
New coins appeared very good for the development of the crypto world to see a better change of coins made in the past. But there will be one coin that will last for a long time.
full member
Activity: 634
Merit: 128
the positive impact is the large number of choices for investors or traders when the price of bitcoin is considered too expensive. but if there are lots and lots of them, then the impact will be on the coin itself, because competition will only get heavier and eventually there will be sinking.
in the progress of today's era and technology there are many new coins and new investors and continue to compete to be the best and all return to the confidence and patience of each investor in choosing the coins they believe
hero member
Activity: 1498
Merit: 537
It is not a big problem with the new coin but indeed there must be a good preparation because many die and cannot survive due to the decline of bitcoin, prepare from the beginning for those who want to make coins or tokens
member
Activity: 1764
Merit: 10
I think that we need constantly new altcoins because these altcoins are trying to achieve new discoveries and are using the latest and most advanced technologies that we can also learn and apply in various fields. No matter how many altcoins there are, they will not be able to do anything to bitcoin. As for the traders, I will not say for sure, but investors have a great chance to get a profit at the expense of new altcoins.
full member
Activity: 966
Merit: 104
I have a positive attitude to the emergence of various new types of cryptocurrency. In fact, only in this way can a cryptocurrency be improved. If new coins or tokens are useless, they will simply leave the market after a certain time. So worry about this is not worth it. New coins and tokens potentially compete with Bitcoin and this is also good. After all, it will force all types of cryptocurrency to maintain their competitiveness.
hero member
Activity: 1085
Merit: 500
hi =D
new currencies that are not scammers are good for the market, especially when the currency after some new technology, and for traders more currencies more trading opportunities!
full member
Activity: 504
Merit: 100
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?

1. in my opinion the new coin that keeps popping up without any "function",! will only create coin inflation, unless the coin has a function that is useful in the lives of the coin users.

2. in my opinion positive impact on bitcoin makes bitcoin more attractive because every trading altcoin traders will try to increase the number of bitcoins by trading with altcoin

3. the traders hoped that when new coins appeared in the crypto market, they could buy at a price ready at the pump after they bought the coin it.
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