Topic: So many altcoins - page 2. (Read 1722 times)
Many new projects that are born are indeed not useful at all and only become trash in the cryptocurrency market, new projects are still many investors who are interested in investing there because they do not want to miss getting profits like in the past, namely bitcoin. Developing old projects that are already in high demand by the community will be better
I do think a lot of new projects are not really necessary. It is often a case of thinking 'I want to make money from crypto, how can I set up an ICO and get into the market?' rather than genuine technological innovation, or any real need to the solution to involve crypto at all.
I suppose this is inevitable as the money in the sector grows. There is certainly room for further innovation and new solutions - but these are drowned out by the flood of new coins that either don't offer anything, or else offer something that is unnecessary and can be delivered already by an existing coin.
I suppose this is inevitable as the money in the sector grows. There is certainly room for further innovation and new solutions - but these are drowned out by the flood of new coins that either don't offer anything, or else offer something that is unnecessary and can be delivered already by an existing coin.
Totally true. There are lots of existing crypto currency coins (Altcoins) in the market which most of them are not really necessarily existing at all because most of those coins are just alike from one another. They just add up some sort of unique promotion or feature just to look new and innovated but the truth is that it is the same thing. Existence of most crypto coins nowadays are just primarily for the sake of earning money just like what you have said that the usage of the latest or innovated technology is set aside because many people only focuses on earning more money rather that maximizing the feature of the coin into variety of things that it can be usable since they are just want to purchase then get into trading to win back what they have spent that is why many projects have sprout offering great values of coin than the main purpose or usage of it in society.
Well, I have the same thought, for what so much Altcoin was created, but there is no clear development and function. sometimes 1 development or CEO can have more than 2 altcoin products that are actually connected to each other. but with their alibi that the coins are mutually supporting prices to be stable.
I think that every developer (at least at the beginning) believes that his idea will succeed. It is true that competition is currently very high, but it is competition that drives development. There is no doubt that most projects will fail. There will be no money for development, the developer will change his mind, the idea will not appeal to the community or it will just be a bad idea. The cryptocurrency market is just at the beginning of journey and many developers also want to enter it. I think there is still room for new ideas. It all depends on creativity and commitment, and a bit of luck.
I believe that was because of market competition but can't deny that new projects never such competitive ideas that could attract investors. Cause what I see most of newly created altcoins today are just scam, its developers never think what they could help to the crypto community but a selfish enough to think of their own benefits. 
according to the crypto system. i.e. decentralized, so what? there is no control whatsoever even the growth of ICO / new projects, it can't be controlled. so investors are the same. basically the crypto world is looking for big profits in a short time. this is the current understanding of projects and investors. and as a result is fraud and investors lose. we can't control them. but we can educate them, so that the future of crypto is not destroyed.
Yes i agree there so many altcoins and most of them are not doing nothing that can bring attention and people to invest on them, are here just to take some fraction of whole crypto market.
If most coins were actually trying to do that then things will not be as bad as they are, thousands of coins trying to have a larger share of the market will be good for us because that will increase the competition and it will surely bring us better coins, but what we see in the market is a bunch of scammers that do not really care about that and they are only interested in raising as much money as possible through their ico or ieo and then disappearing with that money. 
I do think a lot of new projects are not really necessary. It is often a case of thinking 'I want to make money from crypto, how can I set up an ICO and get into the market?' rather than genuine technological innovation, or any real need to the solution to involve crypto at all.
I suppose this is inevitable as the money in the sector grows. There is certainly room for further innovation and new solutions - but these are drowned out by the flood of new coins that either don't offer anything, or else offer something that is unnecessary and can be delivered already by an existing coin.
I suppose this is inevitable as the money in the sector grows. There is certainly room for further innovation and new solutions - but these are drowned out by the flood of new coins that either don't offer anything, or else offer something that is unnecessary and can be delivered already by an existing coin.
Totally true. There are lots of existing crypto currency coins (Altcoins) in the market which most of them are not really necessarily existing at all because most of those coins are just alike from one another. They just add up some sort of unique promotion or feature just to look new and innovated but the truth is that it is the same thing. Existence of most crypto coins nowadays are just primarily for the sake of earning money just like what you have said that the usage of the latest or innovated technology is set aside because many people only focuses on earning more money rather that maximizing the feature of the coin into variety of things that it can be usable since they are just want to purchase then get into trading to win back what they have spent that is why many projects have sprout offering great values of coin than the main purpose or usage of it in society.
Well, I have the same thought, for what so much Altcoin was created, but there is no clear development and function. sometimes 1 development or CEO can have more than 2 altcoin products that are actually connected to each other. but with their alibi that the coins are mutually supporting prices to be stable.
I do think a lot of new projects are not really necessary. It is often a case of thinking 'I want to make money from crypto, how can I set up an ICO and get into the market?' rather than genuine technological innovation, or any real need to the solution to involve crypto at all.
I suppose this is inevitable as the money in the sector grows. There is certainly room for further innovation and new solutions - but these are drowned out by the flood of new coins that either don't offer anything, or else offer something that is unnecessary and can be delivered already by an existing coin.
I suppose this is inevitable as the money in the sector grows. There is certainly room for further innovation and new solutions - but these are drowned out by the flood of new coins that either don't offer anything, or else offer something that is unnecessary and can be delivered already by an existing coin.
Totally true. There are lots of existing crypto currency coins (Altcoins) in the market which most of them are not really necessarily existing at all because most of those coins are just alike from one another. They just add up some sort of unique promotion or feature just to look new and innovated but the truth is that it is the same thing. Existence of most crypto coins nowadays are just primarily for the sake of earning money just like what you have said that the usage of the latest or innovated technology is set aside because many people only focuses on earning more money rather that maximizing the feature of the coin into variety of things that it can be usable since they are just want to purchase then get into trading to win back what they have spent that is why many projects have sprout offering great values of coin than the main purpose or usage of it in society.
I think that every developer (at least at the beginning) believes that his idea will succeed. It is true that competition is currently very high, but it is competition that drives development. There is no doubt that most projects will fail. There will be no money for development, the developer will change his mind, the idea will not appeal to the community or it will just be a bad idea. The cryptocurrency market is just at the beginning of journey and many developers also want to enter it. I think there is still room for new ideas. It all depends on creativity and commitment, and a bit of luck.
It depends to ones investor how they will be able to see this altcoins and if they will get the opportunity. But for me it is all about the profit lets get into the point that nost of the new projects are introduced and intended to make money. The next is on how they will be going to pursue the project since we know that crypto is not stable so there is a higher possibility failed if they do not spend the money well or take advantage because they already have the money.
The higher possibility of failing is still actual due to the lack of swimming skills with crypto whales. The bleeding altcoins don't go over their average MA value after the previous bull market and conditions is not easy for project to continue their development. The low value of money is another side of problems because the collected ETH doesn't have the same USD value in the token sale.
It depends to ones investor how they will be able to see this altcoins and if they will get the opportunity. But for me it is all about the profit lets get into the point that nost of the new projects are introduced and intended to make money. The next is on how they will be going to pursue the project since we know that crypto is not stable so there is a higher possibility failed if they do not spend the money well or take advantage because they already have the money.
Yes i agree there so many altcoins and most of them are not doing nothing that can bring attention and people to invest on them, are here just to take some fraction of whole crypto market.
With so many altcoins in the market we have to assess if we have plan to invest. Actually some of the altcoins just not worthy of our money. Even in my wallet it just a display no value at all. Many projects created and people should not trust easily when investing.Having those altcoins may confuse us in which there are also useless altcoin. I would say much better to study more time to find a good coin that can give a huge profit in the future. Also, it may also refer the support of many users as well as the advocacy and objective of the kind of altcoins. I believe soon some altcoins will pump as it will relying the value of bitcoin in the future.
Yes i agree there so many altcoins and most of them are not doing nothing that can bring attention and people to invest on them, are here just to take some fraction of whole crypto market.
With so many altcoins in the market we have to assess if we have plan to invest. Actually some of the altcoins just not worthy of our money. Even in my wallet it just a display no value at all. Many projects created and people should not trust easily when investing.
its clear to me now that even if you make an interesting project it wont get so much attention like in the past
you have several new interesting ones with 5 million marketcap and barely have followers and attention
i think that the market starts to mature and the bunch of new projects popping every week will stop
you have several new interesting ones with 5 million marketcap and barely have followers and attention
i think that the market starts to mature and the bunch of new projects popping every week will stop
Yes i agree there so many altcoins and most of them are not doing nothing that can bring attention and people to invest on them, are here just to take some fraction of whole crypto market.
The cryptocurrency room is open freely, everyone can enter easily, many new projects are being developed with a clear vision and we will find it in the cryptocurrency they are trying to create the best for crypto. if investors do not look carefully before they invest because it can make them lose everything
Without proper research and studies the project that you'll going to invest with will let you lose your money. You need to be specific with the usagesof the project if that certain don't have any target venues or any help it will be another coin that will be forgotten. There's are many coins inside this
industry and most of them was created to grab advantage with investors who doesn't have any ideas with this industry.
This must have a good mind and in detail to see what you are investing in with the fresh money you have. But sometimes the fortune you invest produces something beyond your expectations.
Sometimes expectation will be more if you choose the coin wisely because the price of a coin will increase very quickly. So we have to choose the coins wisely which is unpredictable because the market suddenly increases and has a huge chance to increase the prices hugely.
Yes, too many. Before investing anywhere be sure to investigate the project to the bones...and even then. Would suggest investing in top50/100 first and then moving forward. My fav alts atm: XRP, LINA, NWC, XLM
I used to hear a comment that the more altcoin the better.
but the fact is that altcoin is currently difficult to get up and dying, I think more and more altcoin will be destroyed and abandoned.
There are more altcoins are destroyed already since the developer of the altcoins has gone, So this will become a shitcoins in no time. If have new altcoins has come and some old altcoins have no value will be gone also. I have that kind of altcoins in my wallet and Im not sure yet if this will be good to hold it because when I look at it they are become a trash or maybe shall I remove in no time. but the fact is that altcoin is currently difficult to get up and dying, I think more and more altcoin will be destroyed and abandoned.
We can ser that a lot of altcoins are popping-out-of-nowhere and they are usually worthless just a copy-cat from another project and they just changed a little bit so it will not be recognize by someone. And also new altcoins are really for making mney and developers taking advantage of people who are new to cryptocurrency world which means they can manipulate them using a promising profit in judt a year after it get listed which will not gonna happen.
And to avoid getting new altcoins being created we should not entertain and invest on theit campaign.
Its not fair not to invest on a new coin especially if they are good enough to stay in this market, its just like we are not open anymore to any ideas. Yes there are so many copy paste project but still some other coins have their own unique system which I believe can be a good opportunity for us to buy. New coins means new opportunity for us, just be careful on choosing those new coins before you invest.And to avoid getting new altcoins being created we should not entertain and invest on theit campaign.
bcz most of new coins is just a shit coin, they already lose much money investing on the shitcoin
But, we cant generalize that all new coin is a shit. there is few new coin which is good.
So, The best thing to do, just be careful before investing.
The cryptocurrency room is open freely, everyone can enter easily, many new projects are being developed with a clear vision and we will find it in the cryptocurrency they are trying to create the best for crypto. if investors do not look carefully before they invest because it can make them lose everything
Without proper research and studies the project that you'll going to invest with will let you lose your money. You need to be specific with the usagesof the project if that certain don't have any target venues or any help it will be another coin that will be forgotten. There's are many coins inside this
industry and most of them was created to grab advantage with investors who doesn't have any ideas with this industry.
This must have a good mind and in detail to see what you are investing in with the fresh money you have. But sometimes the fortune you invest produces something beyond your expectations.
Sometimes expectation will be more if you choose the coin wisely because the price of a coin will increase very quickly. So we have to choose the coins wisely which is unpredictable because the market suddenly increases and has a huge chance to increase the prices hugely.
maybe you can buy them the risks are small.
The cryptocurrency room is open freely, everyone can enter easily, many new projects are being developed with a clear vision and we will find it in the cryptocurrency they are trying to create the best for crypto. if investors do not look carefully before they invest because it can make them lose everything
Without proper research and studies the project that you'll going to invest with will let you lose your money. You need to be specific with the usagesof the project if that certain don't have any target venues or any help it will be another coin that will be forgotten. There's are many coins inside this
industry and most of them was created to grab advantage with investors who doesn't have any ideas with this industry.
This must have a good mind and in detail to see what you are investing in with the fresh money you have. But sometimes the fortune you invest produces something beyond your expectations.
Sometimes expectation will be more if you choose the coin wisely because the price of a coin will increase very quickly. So we have to choose the coins wisely which is unpredictable because the market suddenly increases and has a huge chance to increase the prices hugely.
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