So many altcoins - page 6. | Bitcointalksearch.org

Bitze

legendary

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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.

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

perfect999

sr. member

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Quote from: htsy585 on November 04, 2019, 01:24:59 PM

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.

The gift of freedom is usually abused by humans. That's the state we are now. Funny enough, regulation will be the most tenable way to decimate proliferation of useless coins and developer scams because once they do, they will face jail terms in US and China courts. But then, the fear remains if this single decision will not defeat the purpose of bitcoin and cryptocurrency

Well, I don’t think that it is even my main concern, but my main concern is even about the government, if they are willing to give regulation because they might deliberately be ignoring all these challenges that people are facing so that we can get fed up with cryptocurrency ourselves and dump it rather than them abolishing it, wherein regulation is the main thing that we need to really solve all these challenges with people that are abusing the opportunity that we have here to make use of cryptocurrency.

If we can get regulation from government, it will really create a peaceful and enabling environment for investors to utilize the full opportunities available to them without the fear of someone scamming them or hacking into their wallet to steal their money.

jostorres

hero member

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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?

Free1bitco.in

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in fact, it's very good now to develop existing projects but this is project slowing down because of the large number of people investing in new things. however, I agree with the opinions of some people on this thread, who say that the current development of cryptocurrency is not only seen as a decentralized technology with p2p delivery, but now people are more focused on utilizing this technology to their advantage. So, because of this people are constantly monitoring new projects, and some of them are stuck on fraudulent projects.

drachman

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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.

You raise some good points but you are assuming the best of those creating those projects that have no future, if they could improve something in the bitcoin code then they will do it but they cannot and they know it, they prefer to create a coin that supposedly solves a problem but that is not right.The truth is that many of the issues of cryptocurrencies cannot be solved by injecting more money to the market, this can only be solved by people like satoshi that have the knowledge to fix what it is wrong with cryptocurrencies.

Pelunize12

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Quote from: ethereumhunter on November 04, 2019, 05:41:34 PM

The altcoin comes into cryptocurrency to help people to make more bitcoin. They trade with so many altcoin pair bitcoin, and if they are profit, they will make a profit in bitcoin. But the altcoin still far away to be used for our life and we could only invest in their project.

So, we cannot deny that there are hundreds of altcoins that appear in the market, but we can use the altcoin for making more bitcoin.

most of altcoins have their own purpose, for example:

1 Privacy : Monero, Zcash, Mimblewimble / Grin
2 Banking : XRP, Stellar
3 Gaming : Enjin, Wax
4 IoT (Internet of Thing) : IOTA, vechain,
5. Distributed Computing : Golem, MAID, Storj

it is made not to make more bitcoin.

BChydro

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

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.

You do not need to ask the government to regulate the market, they will do so on their own and they will be regulating the market in the name of avoiding scams but the real fact is to monitor every flow of money into the market Tongue

. Bitcoin created a new market but the rest of the altcoins just copied what bitcoin started and created something on top of the block chain and the top coins will survive and the rest will die off.

posi

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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.

You're right cause only experienced crypto investors have the knowledge of choosing good coins but accumulating more than 6 to 7 coins is not a good idea even for experienced investors cause they also need the time to manage and study every posed by the coins they are holding or else they will loose their investment.

Endikadija

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Activity: 1458

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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.

it's not.
It's not a problem when those are asking for the regulation and this regulation will be implemented for ICO and IEO. There is no need for this regulation to be implemented on a native blockchain platform.
Again, regulation will be applied for the team who will be interesting to run ico or ieo and this should be the case.

Kiefner

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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.

ethereumhunter

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The altcoin comes into cryptocurrency to help people to make more bitcoin. They trade with so many altcoin pair bitcoin, and if they are profit, they will make a profit in bitcoin. But the altcoin still far away to be used for our life and we could only invest in their project.

So, we cannot deny that there are hundreds of altcoins that appear in the market, but we can use the altcoin for making more bitcoin.

htsy585

full member

Activity: 573

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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.

The gift of freedom is usually abused by humans. That's the state we are now. Funny enough, regulation will be the most tenable way to decimate proliferation of useless coins and developer scams because once they do, they will face jail terms in US and China courts. But then, the fear remains if this single decision will not defeat the purpose of bitcoin and cryptocurrency

suzanne5223

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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.

I totally believed the above user doesn't know or understand the major reason why cryptocurrency was first implemented and aside from that allowing the government to issue a regulatory body for the crypto sphere will make things worse and every crypto holder may run into debt either.
Meanwhile, we don't need any regulatory body but the crypto investors need to wise enough in selecting coins once that's done many shitcoin owner will exit the market.

Quidat

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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.

Simply a sample of contradiction of his statements or ideas.We love for some security and legality but come to think
that crypto is created for sole purpose of decentralization and anonymity but we cant really deny in exchange of its
flaws when it comes to security into its supporters.Scams are inevitable but somehow there were services who do
tries to track to those people who are involved with it.

rijaljun

sr. member

Activity: 1274

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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.

novaprime

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UniDApp - it's DeFi time!

Quote from: TelolettOm on November 03, 2019, 06:51:39 PM

Quote from: gaston castano on November 03, 2019, 05:32:35 AM

Quote from: Patrix_1 on October 29, 2019, 03:50:02 PM

The problem is that people are still investing without any research of each project. Thats why there are so many scams around, because, unfortunately, investors are even too lazy to read the whitepaper or to check the team members.

Of course it is only experienced by Beginnesr investors where they are only interested in the profit mentioned not with the products or ideas that the project will launch. in fact many aspects they can do to avoid fraud but they don't.

Avoiding fraudulent projects on crypto is actually also difficult. although sometimes we are maximized in finding projects that we think are good but often also when time goes by the development that they do is apparently not acceptable to the community ?. this also includes projects that fail. their products do not go according to expectations and inevitably prices will also decline.

Everyone researched carefully when investing but could not avoid risks in this market because altcoin this year will not help investors earn good profits. In fact, hundreds of altcoins are launched each year but there are only a few projects worth investing in so you need to consider carefully. For me altcoin is just a tool to make money in the bear market because even if the ecosystem of that coin is good, it will not help me much in my life.

TelolettOm

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Quote from: gaston castano on November 03, 2019, 05:32:35 AM

Quote from: Patrix_1 on October 29, 2019, 03:50:02 PM

The problem is that people are still investing without any research of each project. Thats why there are so many scams around, because, unfortunately, investors are even too lazy to read the whitepaper or to check the team members.

Of course it is only experienced by Beginnesr investors where they are only interested in the profit mentioned not with the products or ideas that the project will launch. in fact many aspects they can do to avoid fraud but they don't.

Avoiding fraudulent projects on crypto is actually also difficult. although sometimes we are maximized in finding projects that we think are good but often also when time goes by the development that they do is apparently not acceptable to the community ?. this also includes projects that fail. their products do not go according to expectations and inevitably prices will also decline.

Innocant

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Activity: 1414

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Quote from: btc78 on November 03, 2019, 06:08:54 AM

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.

Common man don’t be so serious about them because new project is such a stupid thing to tackle,as you have seen almost everyday there are projects coming out and what’s next?another victim of scamming is shouting?lol stop listening and reading about him as I have stopped checking the ANN thread section and the bounty altcoins as well because they are not part of crypto community now instead those section must be deleted for victimizing crypto investors and hunters

Iv'e seen also in the telegram after the project has done they are always complaining about the rewards. But instead of complaining must better to leave early and it was waste our time on there if no one knows listening or reading our comments and sometime they shutdown the group chat quickly . Ill think its our fault also on why we participated in such a scam project have fully scam us in the end. We are the same i'm just stop reading some project or annthread cause its like all the same platform.

redsun114

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Quote from: rijaljun on November 02, 2019, 12:10:27 PM

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.

This is true and we can't deny it. We, unfortunately can't stop the cash flow and since blockchain gives so much freedom and money to individual pocket is increasing.

But it is about freedom and rights to create new project. Regulation to control it, is also highly arguable.

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.

All of these altcoins that we see in the market, majority of them are the ones that really have real use case, while many of them have nothing to really offer other than to provide a scamming project that looks genuine to milk money out of people’s pocket. Investors are the one that need to just be smart about investment now.

btc78

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Eloncoin.org - Mars, here we come!

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.

Common man don’t be so serious about them because new project is such a stupid thing to tackle,as you have seen almost everyday there are projects coming out and what’s next?another victim of scamming is shouting?lol stop listening and reading about him as I have stopped checking the ANN thread section and the bounty altcoins as well because they are not part of crypto community now instead those section must be deleted for victimizing crypto investors and hunters

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