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Topic: Opinions about the emergence of new Coins - page 5. (Read 1675 times)

full member
Activity: 420
Merit: 100
CAT.EX Exchange
with the many new coins circulating, it will multiply the options for us as users, investors, traders or crypto currency miners to choose the most suitable crypto for us to use other than bitcoin. so our options will be more varied and the quality of crypto will increase as new coins increase. and the presence of new coins will strengthen the value of bitcoin as the first coin circulating in the trading market.
copper member
Activity: 1218
Merit: 1
New tokens appear every day, I think most of them have no need, no one uses these tokens, it would be better if there were fewer coins, but they were used by a large number of people.
full member
Activity: 1092
Merit: 117
I agree with the idea that wee need new coins in the market but the problem is right now there are way to many and most of them are useless being created just for profits. Good coins lose between all the scams that are created everyday so I think new coins are just creating a bad impact on the market since they don't help people with anything
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
New cryptocurrencies are created for different reasons and for different purposes. One of the main things is to make money. Other projects just try their hand and possibility but there are those who want to solve certain problems. Each cryptocurrency from the top of the most popular cryptocurrencies, has its drawbacks, and it is in order to fix this that new, more efficient counterparts are created.
I have lots of problems with most coins that are just created for financial gain, if a project was created with a new untested technology I would not mind since bitcoin was the same when it began and look how big has gotten since those days, innovation is the only way to keep pushing this market forward so developers with new ideas should be welcome to try them even if their projects eventually fail, but that is not the purpose of most coins.

Most coins are created with the purpose of filling the pockets of a few developers and investors and that is not right but since it is impossible to regulate this market this will keep happening in the future.
full member
Activity: 966
Merit: 104
Because each and every coin into existence comes with a product and unique value.
This couldn't be further from the truth. Almost every new coin or token that is being launched doesn't have a working product. Hell, most of them don't even have a working team, working code, a whitepaper, a github, or a wallet. 99.99% have absolutely no value whatsoever, let alone a unique value, and certainly no real world use.

Almost every coin created these days is designed for one thing and one thing only - to make its creators some easy money. They are relying on newbies and the gullible to throw money at their project so they can make a quick buck and disappear.
You are obviously exaggerating the negative aspects of new coins and tokens. There are a lot of useful and promising projects that are emerging. Also many of them have a working product. Yes, and especially worry about it is not worth it. All unnecessary and unclaimed coins and tokens will eventually leave the cryptocurrency market. Therefore, let everything go on as usual. We still cannot change anything in the process.
member
Activity: 770
Merit: 10
https://streamies.io/
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?
This really has a positive impact on the market. You know, the more successful businesses are, the more successful our businesses will be, and increase the market capitalization. But the problem here is that the new coins are being overcharged.
I want it to have real value and long-term development to contribute to the crypto market. Binance is creating pumped and dump coins. This is really a dangerous thing for the market.
member
Activity: 532
Merit: 10
Many new coin make sense because always give bad moment and price after we buy and have to sell at lower price, how ever is not good ideas for buying and trading at new coin too risk when altcoin price is lower and drop.
sr. member
Activity: 910
Merit: 257
Im not thinking too much about new coins emerging, im not that interssted.
Ive been there and got the new coins which promise so much but have not
developed. Its a tough road delivering a new coin with a working viable
technology ir solution.

Im not sure there is any positive impact on bitcoin other than it has to be
bought and sold using bitcoin, it might attract new people into crypto who
will eventually realise that bitcoin is the one to focus on. Anyway in the
end it is reducing bitcoins market share.

I think most people think that way because as much as there are new and upcoming coins, people in the market have always set their sights in the few coins that have gained notoriety and trust in their run in the last few years. I am not saying that investing and following leads on news coins is bad; it's just that people can't risk following on them new coins because its entails more risks, which in turn, may have a higher chance of failure. For most people, it's better to follow through on the more trusted coins in the market because they know that it can show better movements, and despite having losses from time to time, it has been observed that they have the capacity to rise back up.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
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?

New coins and tokens do keep crypto market live among the people. These new coins bring business to bitcoin and other currencies as well. They do support each other. Just think, the main source of earning is from trading. When new coins come in, its traded using either BTC, ETH, USDT or other currencies. Few coins come up with good products and they grow up faster then the old coins in the market. This supports the traders gain profits.
member
Activity: 518
Merit: 14
seeing the increasing number of new coins, this indicates that the crypto market is growing, this can be good news. but we also have to be more careful if we want to invest in new coins, we can check so that we can avoid fraud.
jr. member
Activity: 490
Merit: 2
if they are still with the same concepts and models as the previous coins (only different categories) I think their value will not go up further. new coins must appear with ideas, concepts, and models that are different from the others so that the value can continue to rise and survive.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
for many new coins now there are many that become garbage because after being developed it is not continued anymore which will make people get losses rather than profits. so be more careful to choose new coins if my advice
usually when new coins become coin rubbish and do not have a price or volume of trading maybe it is because of the influence of developers who do not want to support the coin again and maybe the influence of the project developed does not have interest or does not affect many people.
Most of the reason why the coin become garbage because it does not have any influence at the community or their project does not benefit the community at all that cannot attract investors that's why doing own research is important for us before investing so that we can invest on the new coin that can be having a big potential to become adopted in the community that can possibly rise its volume in the market and can help many people to improve their financial status in life.
jr. member
Activity: 73
Merit: 1
Answer:
1. 1. New coins usually don't give a lot of confidence, but sometimes very good projects come out, and the future is bright, and here you've only said the technology of blockchain,, but iota ''tangle'' technology now has coins with different networks like hydro and holochain.

2. let's give a different answer, now bitcoin has a negative impact on the whole market.

3.  I can say that most of the icos in the last 2 years have no use.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
The emergence of new coins became the fact of the development of cryptocurrency which touched various new fields with its technology.
New coins do not have a significant impact on bitcoin, but with the emergence of new coins will certainly attract many investors to the world of cryptocurrency, it can even have the opposite effect due to a decrease in trust if the new coins are bad and not useful.
It is true, one of the contributions of new currencies is that they can bring much more community, among them investors, they will begin to experience the bitcoin market, where I am sure they will like it, the more people are participants in the market, not only the technology increases to develop projects, the world in general will have a bitcoin perspective very different from what it was 10 years ago.
member
Activity: 490
Merit: 10
freelanex.io
The emergence of new coins became the fact of the development of cryptocurrency which touched various new fields with its technology.
New coins do not have a significant impact on bitcoin, but with the emergence of new coins will certainly attract many investors to the world of cryptocurrency, it can even have the opposite effect due to a decrease in trust if the new coins are bad and not useful.
full member
Activity: 574
Merit: 100
for many new coins now there are many that become garbage because after being developed it is not continued anymore which will make people get losses rather than profits. so be more careful to choose new coins if my advice
usually when new coins become coin rubbish and do not have a price or volume of trading maybe it is because of the influence of developers who do not want to support the coin again and maybe the influence of the project developed does not have interest or does not affect many people.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
In my opinion, there are beneficial tokens and non-beneficials ones.
Beneficial tokens are tokens that bring in new participants,  jobs, and new money into cryptocurrency.
Non beneficial tokens brings little or nothing into the market.  They instead taken away funds from existing coins.
full member
Activity: 816
Merit: 133
It's simply say that the Crypto world is continously in progressive and agressive state. Though, despite of this new coins emerging, the risks are getting a bit more and more alarming. Yes, it is good that cryptos are still alive and kicking but the downside of it is that there are also a lot of Fake coins coming out. Which means that those group of people who are trying to scam people are also upgrading in a way. Nonetheless, As a trader I see this an good opportunity to maximize my trade and to try out other options as well.
copper member
Activity: 301
Merit: 2
The emergence of new coins is a sign of the development of cryptocurrency, because this is proof of the existence of a new Cryptocurrency project. While the impact experienced by Bitcoin with the emergence of this new coin is, Bitcoin will be increasingly known. Because all new Crypto coins must be based on Bitcoin, and of course this can lift the value of Bitcoin. And for a Crypto trader, of course with the emergence of new coins will make more coins that can be traded.
sr. member
Activity: 840
Merit: 250
for many new coins now there are many that become garbage because after being developed it is not continued anymore which will make people get losses rather than profits. so be more careful to choose new coins if my advice
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