So many altcoins - page 5. | Bitcointalksearch.org

rizkyalhabsy

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Quote from: ?? on ??

so the most important thing is about the investors themselves who should have good knowledge before investing in scam projects that have sprung up in this industry, when investors have better knowledge, the underhanded developer will not get any profit on projects created just for get individual benefits

unfortunately every day a new altcoin is being added to the market. and people's quality projects are lost in this dump. it is in our hands to prevent this, we should not invest in any new project and increase their appetite

it all depends on us, it looks like if investing in a new project and it raises the benefits of the problem, back again to ourselves to choose the project that issued the coin / token. once again be careful and understand

SirLancelot

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Quote from: Lecam on November 14, 2019, 01:03:34 AM

Quote from: Experia on November 12, 2019, 08:22:04 PM

with lots of alts in the market it only means that we have a healthy environment unfortunately most of alts in the market has not gained a good attention from the investors. I guess it is better to conduct IEO or ICO when the market raises to get the attention of the investors.

Yes there's a lot of altcoins and have many choices when you are going to invest on it. But for now maybe choose what to buy because some are not really good to hold and some are good to hold so it means the popularity of altcoins are become wide to those investor but i inkow they can choose well before they are going to invest or buu it.

It is because we don’t have regulation that we are having so many ridiculous altcoins in the market and if there was regulation, I am sure that not more than 200 coin would have made the list and seeing all these over 3000 coin with many of them having no real use case is really confusing lots of people.

Imagine that a novice comes to the market now, and then decided to invest or make use of a cryptocurrency for the first time, and then with the little knowledge that he has, he picks any of those coins to use and ended up getting disappointed, how would he be encouraged to continue using cryptocurrency, and that is how we keep losing many interest. It is not about researching on projects for now, but I think it is about looking for how to get rid of those confused and confusing projects that we have in the market.

Paulinerims

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Too many "blockchain based" project nowdays for a quick pump&dump. A lot of potential in the new tokens but you have to find the right one.

Greed Dev

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Quote from: BitCoLovey on October 29, 2019, 05:23:23 AM

I risk creating a duplicate question. But I'll try.

A huge number of crypto assets are discussed here. In the neighboring sections, new projects appear every day. But these are all false, far-fetched and almost always unsuccessful undertakings. New “projects” absorb the incoming money flow, which does not benefit the industry, but enriches individuals.
All this created for some cunning rogue?

Yes, some projects look interesting and potentially. I like the idea of global currencies for various use and applications. W/o traditional money. W/o state control.
Is it not better to leave the opportunity to develop what is, than to continue to spray funds on scoundrels?

I do not know how this works and is managed. If all this is basically without control, then the future of the cryptocurrency world looks vague. However, this is interesting, because in addition to the expected collapse, there may be unexpected surprises.

In fact, startups are still happening everyday and many people still use their capital to invest to create cash flow. But what matters is the way they choose projects. You can decide whether or not to invest in a project, no one forces you.
I find that having more startups will be more interesting and beneficial to the market because it always creates value for society. But certainly not every startup is successful and our job is selective.
so we need to have a flexible and alert brain to analyze before investing in bad projects.

Blue_oxen

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Quote from: Experia on November 12, 2019, 08:22:04 PM

with lots of alts in the market it only means that we have a healthy environment unfortunately most of alts in the market has not gained a good attention from the investors. I guess it is better to conduct IEO or ICO when the market raises to get the attention of the investors.

IEO should only be conducted because this is the best way to ensure the safety of investors and if listed at a major exchange, the project will certainly receive a lot of attention. I think IEO is new trend in this market and is attracting a lot of investors around the world to participate. I have been involved in 5 IEO projects during the last 7 months and there are 5 IEO projects that help me to make a very high profit so consider investing if you have a large amount of money.

Lecam

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Quote from: Experia on November 12, 2019, 08:22:04 PM

with lots of alts in the market it only means that we have a healthy environment unfortunately most of alts in the market has not gained a good attention from the investors. I guess it is better to conduct IEO or ICO when the market raises to get the attention of the investors.

Yes there's a lot of altcoins and have many choices when you are going to invest on it. But for now maybe choose what to buy because some are not really good to hold and some are good to hold so it means the popularity of altcoins are become wide to those investor but i inkow they can choose well before they are going to invest or buu it.

Pelunize12

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Activity: 658

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Quote from: drachman on November 13, 2019, 09:57:40 PM

Quote from: jostorres on November 07, 2019, 07:42:57 AM

I blame investors for their lack of sensitivity, if they were sensitive to the crypto sphere, they will already know that people are now turning the cryptocurrency space to somewhere they come to just generate fund without having anything solid to actually offer the public or have a product that we will really be sure of making their value to grow.

People are free to do whatever they want to do and they will always take risk to create project even if they know that the project is not a good one, but because their main focus is just after the money, they do not bother if they are to support existing projects or not, but when investors knows these project already, they still allow them to keep growing by investing their money, so are they not the ones to be blamed?

It is undeniable that they share some of the blame, in many countries before you become an investor you need to show that you have a very high amount of money saved or that you have the ability to earn a lot of money each year, this market allows almost anyone to become an investor and this is great but it is also a disadvantage because many of the people that are investing their savings in this market do not really have an idea about what they're doing

we all know that investor aims to get more money by investing
and in 2017, many new coins were successful made investor multiply their money, that's why investors still invest on even shit projects
i think it is normal behaviour, investor would be conscious and not invest to any shit project anymore, just time matter

drachman

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Quote from: jostorres on November 07, 2019, 07:42:57 AM

I blame investors for their lack of sensitivity, if they were sensitive to the crypto sphere, they will already know that people are now turning the cryptocurrency space to somewhere they come to just generate fund without having anything solid to actually offer the public or have a product that we will really be sure of making their value to grow.

People are free to do whatever they want to do and they will always take risk to create project even if they know that the project is not a good one, but because their main focus is just after the money, they do not bother if they are to support existing projects or not, but when investors knows these project already, they still allow them to keep growing by investing their money, so are they not the ones to be blamed?

It is undeniable that they share some of the blame, in many countries before you become an investor you need to show that you have a very high amount of money saved or that you have the ability to earn a lot of money each year, this market allows almost anyone to become an investor and this is great but it is also a disadvantage because many of the people that are investing their savings in this market do not really have an idea about what they're doing

Vitalicus

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Quote from: Experia on November 12, 2019, 08:22:04 PM

with lots of alts in the market it only means that we have a healthy environment unfortunately most of alts in the market has not gained a good attention from the investors. I guess it is better to conduct IEO or ICO when the market raises to get the attention of the investors.

I think ICO/IEO is only for new startup projects because most of these are coins that have no clear value so investing can be very risky. In my opinion, it is best to choose the top altcoin investment because this is a very safe investment in this market and will usually tend to increase if the market has a major improvement. Before investing, you need to research carefully and choose the most appropriate time to buy.

Experia

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with lots of alts in the market it only means that we have a healthy environment unfortunately most of alts in the market has not gained a good attention from the investors. I guess it is better to conduct IEO or ICO when the market raises to get the attention of the investors.

Iyeman

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Quote from: ?? on ??

Quote from: kynaz on November 08, 2019, 07:29:24 AM

Quote from: Kiefner on November 04, 2019, 06:37:08 PM

Altcoins are really a lot. But very few promising. I think that now you should not rush to invest. Because only experienced investors can choose from such a large number coin of good coins.

Altcoins are often not trusted by many investors this year because the current investment trend is focused only on the top 20 coins so other altcoins will not achieve any major growth. Currently there are many investment options for everyone but it is best to spend more time researching because altcoin is always considered a risky investment and often easily collapses if the market fluctuates.

Investor really sensitive with new project. I think for now a lot of new project not always get much in their sale because of it. Maybe in future, if altcoin keep like this, people will change to old ways when they trading as usual. I think if ICO trend keep like this and investors not believe about it anymore, trend about trading in exchanges will like in past and volume in each exchanges will big like past. I personally will be very agree with it.

No one can take risks when investing in new projects because the current market is very difficult to predict so it is not good for our profits. I think anyone is afraid to invest in this market because this year is not a good year for people to make money. In fact, an ICO is an investment that will make you spend a lot of time waiting or worse, you will lose all assets when participating in ICO.

You said no one can but the fact everyone must deal with all of the risks before investing in the new projects. This time is not so difficult time to predict compared when we are at 2018. If you are saying anyone is afraid and why those people are still investing in IEO? What they need to deal in a better way than ICO and that's the main point.

andycarrol

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Quote from: ChronoLite on November 12, 2019, 08:27:28 AM

Quote from: jootn2kx on November 12, 2019, 06:10:53 AM

However, I do believe that like 99% of them will fail in the next few years. The only question is will the new ones replace them? Will altcoins just keep popping up, pumping the number higher and higher, or if we can finally drop back to some normal number of good quality projects?

99% is little too over, there are still good altcoins to consider to invest especially ieo cuz u just need to do more research and not to greedy to blindly pick ieo and not doing research, altho most of them will reward u less reward than ieo phase.

if I look at ieo right now, the price is minus than the initial launch price. so ieo is not a guarantee. but it's true, ieo is good at the beginning of the phase, at least we can get ROI 2x. IMO, a good altcoins is top 10 marketcap, with a good project and have a big volume.

electronicash

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in the first days of bitcoin there were lots of coins created as well using the same concept using own blockchain. no expected collapse happened. and when Ethereum came, there all of a sudden developers came all together to use their blockchain like leeches some of those tokens still lives with good prices today. its not like there is the need to control of all these as freedom is for all. any scoundrel can create coin but it is up to anyone to find out whether project is a scam. this is why the forum is full of advice as well.

cribusen

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It is true that every day tons of projects are getting listed here or on various rating websites. The reality is very tough and only a small part of all these projects will get listed on exchanges and even a smaller part would be able to keep the price stable.

ChronoLite

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Quote from: jootn2kx on November 12, 2019, 06:10:53 AM

However, I do believe that like 99% of them will fail in the next few years. The only question is will the new ones replace them? Will altcoins just keep popping up, pumping the number higher and higher, or if we can finally drop back to some normal number of good quality projects?

99% is little too over, there are still good altcoins to consider to invest especially ieo cuz u just need to do more research and not to greedy to blindly pick ieo and not doing research, altho most of them will reward u less reward than ieo phase.

jootn2kx

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Quote from: BitCoLovey on October 29, 2019, 05:23:23 AM

I risk creating a duplicate question. But I'll try.

A huge number of crypto assets are discussed here. In the neighboring sections, new projects appear every day. But these are all false, far-fetched and almost always unsuccessful undertakings. New “projects” absorb the incoming money flow, which does not benefit the industry, but enriches individuals.
All this created for some cunning rogue?

Yes, some projects look interesting and potentially. I like the idea of global currencies for various use and applications. W/o traditional money. W/o state control.
Is it not better to leave the opportunity to develop what is, than to continue to spray funds on scoundrels?

I do not know how this works and is managed. If all this is basically without control, then the future of the cryptocurrency world looks vague. However, this is interesting, because in addition to the expected collapse, there may be unexpected surprises.

Most of these new altcoins are so unnecessary that it is ridiculous. I have seen ICOs that no one would have bothered to even talk about, much less create, if the crypto wasn't so popular as a way of earning money from gullible investors these days. CoinMarketCap has almost 5k coins listed these days, which is twice as many as there were a year ago. You are perfectly correct, it is way to many, with unoriginal ideas, bad tech, and no use cases for most of them. However, I do believe that like 99% of them will fail in the next few years. The only question is will the new ones replace them? Will altcoins just keep popping up, pumping the number higher and higher, or if we can finally drop back to some normal number of good quality projects?

coinfinger

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Quote from: ?? on ??

Quote from: BitCoLovey on October 29, 2019, 05:23:23 AM

New “projects” absorb the incoming money flow, which does not benefit the industry, but enriches individuals.
All this created for some cunning rogue?

Some times you wonder the motive of creating these coins , they look promising from inception, they are promising in all ramification. In telegram, Facebook etc, the good gives are there but finally, the growth might not come until the coin dies off or might just get pumped hitting ATH, and that will be all.

It is just unnecessary competition that is making majority of these projects to start releasing their coins because I see no sense in creating a coin that people would not demand for, and if we study the number of cryptocurrency users that we have, we will find that these project are just too much for them.

The real people that should make the project work are still yet aware of cryptocurrency, so what those companies would have just done is to partner with majority of these top coins, most especially bitcoin and Ethereum, and if they had done that now, I am sure that the world would have known about cryptocurrency faster than it is now, because these lots of project would have created an awareness in their own way at one point or another.

peter0425

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Quote from: rijaljun on November 04, 2019, 08:03:27 AM

Quote from: redsun114 on November 03, 2019, 12:55:42 PM

I don’t know what the government are still waiting for to establish a regulatory body for this since they too are already picking interest in cryptocurrency first from the digital asset of it, if they really want to benefit more from cryptocurrency too, they need to be able to provide adequate security for its users now that it concerns them, because whatever affect their citizens fund will also affect the economy of the country.

Isn't it funny? We want to be free from centralized government and that's the reason why we use bitcoin, altcoins and other blockchain products. In the other side, we ask for a regulation for centralized government to help us avoiding scam projects.

there will be no scammers if there is no possible victims,the problem is people here knew already about the risk but they stay trusting scammers.

no i don't want centralized for regulation because government has nothing to do good for cryptocurrency

stomachgrowls

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Quote from: Bitze on November 08, 2019, 04:28:31 AM

Quote from: Kiefner on November 04, 2019, 06:37:08 PM

Altcoins are really a lot. But very few promising. I think that now you should not rush to invest. Because only experienced investors can choose from such a large number coin of good coins.

unfortunately it does not necessarily have anything to do with experience.
even old rabbits in business fall for false promises. of course there are many
alt projects because the temptation is very big to rip people off. as long as
there are people with bad intentions and additionally people who dream of
rich over night it will stay that way. Lips sealed

On point and this is where do these scams do still exist nowadays because of those greedy people who do just like to make or earn easy money without even

thinking on the possibility of being a scam.They are being blinded by their greed and in result its been used by those scammers to take advantage to those people

who do have this kind of thinking.The cycle continues as this market involves out money yet even its hard to accept but there would always those guys
on having this mindset.

kynaz

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Quote from: Kiefner on November 04, 2019, 06:37:08 PM

Altcoins are really a lot. But very few promising. I think that now you should not rush to invest. Because only experienced investors can choose from such a large number coin of good coins.

Altcoins are often not trusted by many investors this year because the current investment trend is focused only on the top 20 coins so other altcoins will not achieve any major growth. Currently there are many investment options for everyone but it is best to spend more time researching because altcoin is always considered a risky investment and often easily collapses if the market fluctuates.

Topic: So many altcoins - page 5. (Read 1777 times)