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Topic: Opinions about the emergence of new Coins - page 6. (Read 1694 times)

full member
Activity: 966
Merit: 102
With the increasing number of new coins popping up, it will have a positive impact on the popularity of crypto currencies because more types of crypto currencies are spread on the market.
it is true that the coins are well developed but now many new coins that end up trash can make the market worse and harder to increase again. because the impact of new coins is definitely the market to get it
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I have negative opinion about many new coin because always have lower price after listing on exchange market, many investor have lost asset after investing coin on exchange market and always lower price.
That is known as listing dump. Its triggered by the bounty spammers who grabbed their tokens doing shit-bounties and are now cashing it for btc or eth on the exchange just after getting listed. It is also done by some "ICO jumpers" who put in a random amount of money into every new ICO and sell them as soon as they get listed to move on to the next ICO. Both are pretty much the same.

The ones who are hard hit are the long time hodlers but if they are going to hodl for long time then they should not get moved by these known market movements.

With the increasing number of new coins popping up, it will have a positive impact on the popularity of crypto currencies because more types of crypto currencies are spread on the market.
They will not. There is no reason to put your money into a koolaid drinking crew of shitcoiners. Do your own research and remember that there is nothing second to bitcoin.
copper member
Activity: 294
Merit: 0
I think seeing the price of new coins now also decreases in price every day, because for new coin investors it will also not be profitable in the long run compared to old coins, so I prefer old coins.
full member
Activity: 658
Merit: 100
With the increasing number of new coins popping up, it will have a positive impact on the popularity of crypto currencies because more types of crypto currencies are spread on the market.
member
Activity: 504
Merit: 10
February 27, 2019, 09:54:43 PM
I have negative opinion about many new coin because always have lower price after listing on exchange market, many investor have lost asset after investing coin on exchange market and always lower price.
full member
Activity: 714
Merit: 102
February 27, 2019, 09:09:19 PM
Answer:
1. New coins that appear mostly only become trash, and they will soon die when entering the market.
2. With more new coins, bitcoin will become more famous.
3. the benefits are for trade competition so that trading volume will be more so that trade will continue to run with large market volumes
hero member
Activity: 3052
Merit: 606
February 27, 2019, 05:42:47 PM
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.

All cryptos are the same  . they have have simillar functions and that is to be used for buying, paying , trading  .  almost every new coins that are being built dont also differ to older existing coins  aside from their names and icons  . creators of this coins only think of their selves , they only care about the profit that they could possibly get if ever some prey could fall for their traps .
Yes.Old coins and new coins may be the same in their functions but we should also see to it that those coins who have newly risen are also valuable just like bitcoin and enthereum.We are here to trade also so we should choose carefully those new coins that can be more profitable in the end and not just shitcoins that will make no value at the end of the day.
member
Activity: 980
Merit: 62
February 27, 2019, 12:33:05 PM
New coins is the best way fo making cryptocurrency trading wider. It helps traders a lot to make them able in trading a lot of trading pairs and make profits from that.
New coins also benefit bitcoin as the price is increased due to the fact that people have to buy first bitcoin and then purchase another coin. They contribute a lot in the trading volume of bitcoin.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
February 27, 2019, 12:03:52 PM
As more people continue to join the blockchain technology, know its benefits and above all see that it is an economy that can offer financial freedom managing the money and large volumes of money without any third party, more new coins will go out, I think now, in this phase of the market many more will come out, because those that leave will be at very low prices, but at the moment that the market of a good bullish turn many of these outgoing coins, will already have community, with different Exchanges, and Seeing that there is a bull market, these coins will begin to emerge.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 27, 2019, 10:28:22 AM
New cryptocurrencies are created for different reasons and for different purposes.
The only purpose remotely and/or clearly visible to those who have any grey matter left in their brains is that they are all cashgrabbing methods employed by people in the guise of world changing implementation of blockchain technology. Feed on that koolaid and allow your brain to rot like the rest of the hundred thousand "investors".

Quote
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.
No such thing is necessary. The one and only bitcoin is a solution to a new monetary system. Anything other than that only makes it second to bitcoin. Why waste money on those if you cannot care of one? Its not going to be a 100x pump on every shitcoin out there. End of the day you are free to make your own decision.
full member
Activity: 714
Merit: 114
February 24, 2019, 10:11:38 AM
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.

All cryptos are the same  . they have have simillar functions and that is to be used for buying, paying , trading  .  almost every new coins that are being built dont also differ to older existing coins  aside from their names and icons  . creators of this coins only think of their selves , they only care about the profit that they could possibly get if ever some prey could fall for their traps .
sr. member
Activity: 616
Merit: 250
February 24, 2019, 10:02:56 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?
in the era and technology that is progressing and developing, of course new coin will emerge and compete and in my opinion the development of the crypto currency depends on its investors and the new coins I feel at this time have not affected the value of other coins or coins
jr. member
Activity: 644
Merit: 1
February 24, 2019, 07:19:51 AM
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.
sr. member
Activity: 1372
Merit: 275
February 24, 2019, 05:27:35 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?
new coins in my opinion need a lot of time and confidence to hold them and the possibility of a new coin is cheap and if luck is on us we will get quite a profit that can be large and in my opinion the new coins will not affect the bitcoin cryptocurrency or eyes other crypto money
member
Activity: 406
Merit: 13
February 24, 2019, 05:25:41 AM
The emergence of new coins in the cryptocurrency network is an avenue that is use for development because once there is a new token that shows that the cryptocurrency industry have develope in a new ways because most of this coins are design to solve one financial problem or the other and also open more room for decentralized trading which also reduce the over dependence on bitcoin only.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
February 24, 2019, 05:14:43 AM
Quote
1. What do you think of new coins / tokens that keep appearing
Most of them are total trash and just hoping for coin owners to get rich or their coin on being hyped up.

Quote
2. What is the positive impact of this new coin on Bicoin
It doesn't have significant effect since bitcoin can stand on its own without relying on any alts.

Quote
3. What are the benefits for traders with the emergence of these new coins?
The only good thing with these shitcoins to exist is that trader or investors can have the option to earn aside from bitcoin
but well the risk is high.
it's true and if my advice is better don't often invest or trade new coins in the long run because it's very risky. because there have been so many people who bought new coins in the end scam or in deception
Yes, there were more and more coins in the market that are too risky to make a trading. New coins won't be having good trading volume other than few coins that has gained good trading volume getting listed to the leading exchanges available for making a trade.
full member
Activity: 1638
Merit: 122
February 24, 2019, 04:44:53 AM

Most of the tokens are coming here for just bump and dump.

Whats a bump and dump  ? You mean pump and dump  ?  

Well not all new coins are only built for pump and dump because some of them are actually have a real world usage .

lately ive witnessed few new coins that become indemand not because they are pump and dump but because they are came from reputable companies  . one example is the btt or bittorent from tron network  .  

hero member
Activity: 1148
Merit: 504
February 24, 2019, 04:28:42 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?
with the development of time and crypto currency technology will continue to emerge and it will become competition in the economic field and the possibility of bitcoin or other crypto currencies can become the best crypto currency later and no one can predict for sure
I think that over time and increasingly sophisticated technology, it is certainly natural that there will always be incoming and emerging coins, that is a form of increasingly advanced technology and that is not a problem dude, I think there will be a natural selection, where coins that have no innovation will not be able to survive and die, and it will continue to spin
full member
Activity: 602
Merit: 118
February 23, 2019, 02:36:13 PM
1. What do you think of new coins / tokens that keep appearing

With the development of new crypto that continues to emerge maybe this thing will make beginners a little confused, but not for those who already have experience because people like them usually will analyze first, how their innovation /performance/potential especially teams and people the people behind it. If they are better at resolving deficiencies that exist in other cryptos, it's not impossible if their existence will be fought over by the crypto user community, so that their growth can skyrocket rapidly.

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

At least this's possible will drag bitcoin users whose trust is not yet mature against the popularity of bitcoin, so it's not surprising if in the end they decide to switch to new crypto which they consider better than bitcoin. So, there's no positive effect for bitcoin except the negative impact as I mentioned above.

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

Every new coin that's newly launched, usually will be equipped with X% profit promos, well in my opinion promos like this will benefit the traders, the rest maybe they have to fight and try to get profits from the newly emerging coins, the same as the previous coins.
sr. member
Activity: 2506
Merit: 368
February 23, 2019, 01:34:41 PM
No substitute for bitcoin will still be the main one. what happens if we invest in others will actually get a loss because basically bitcoin also has a considerable influence on the current cryptocurrency market
Lack of investors and traders will let our investment to gone in thin air because there is no one that could buy and sell in any specific crypto. Bitcoin has most of it just need to develop more in order to make it more usable in the future. It could attract more investors if it is doing good in the market, actually, it is doing well already but most countries don't accept it as legal yet.
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