So many cryptocurrencies ! - page 11.

BossMacko

hero member

Activity: 1134

Merit: 502

Quote from: fiulpro on May 27, 2018, 09:32:27 PM

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

It should start here in this forum since this forum is the number 1 advertisement for new crypto / project. Which is not possbile to control because alt coin is one of the source traffic in this forum. If we cant control it here some admin here should start making threads about all the risk in investing in alt coin, i mean summary that can prove that there is only few alt coins which is really have products and others are just pump and dump coins, with that new investors or other investors will be aware in investing crypto and result will be they will invest in Bitcoin instead of risking there money in alt coins.

Joshapat

sr. member

Activity: 1526

Merit: 255

It must be admitted that too many coins make us confused, this is what makes investors prefer to choose a top coin that is ranked 10th, this will certainly make a lot of coins can not survive so that it will not be valuable.

Flor1982

full member

Activity: 714

Merit: 100

Quote from: fiulpro on May 27, 2018, 09:32:27 PM

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

And there are still more crypto currencies that will keep coming into the market in which it keeps the ICO programs alive. This is good for the investors in which they can choose the best Crypto for their investments due to competition but for the ICOs side this is not good because the investors will be well divided in which the possibility of poor investment is imminent.

rmel0924

member

Activity: 231

Merit: 10

Quote from: fiulpro on May 27, 2018, 09:32:27 PM

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

For me no one can stop this because anyone has the right to build a project in crypto and to request promotions on their business. Maybe we need to select or choose the right projects to promote and invest because some of the projects will tend to scam people investments because they fail on their business.

dodgrad

hero member

Activity: 1067

Merit: 501

Maybe there are a lot of cryptocurrencies and a lot of them is type of scam or they are useless and they not accepted on the market. A lot of people try to have a new one, so why we can see too much it on the market.

swag7104

newbie

Activity: 1

Merit: 0

I know right there are so many and i am debating if any are even worth anything Shocked

BertoloyBTC

newbie

Activity: 196

Merit: 0

We will not be shock by this numbers of cryptocurrencies circulating now in the cryptoworld because , this are the cryptos which come from the developed and launched ICO project with have their own token name, and after this tokens are registered in the trading and market cap ,they will become altcoins so there would be a number of coin added in the market.

Itcher

full member

Activity: 364

Merit: 100

I believe that the exchange originally come from persons who obey the laws, so you just need to follow the rules of the exchange and it will be enough

olumyd

full member

Activity: 658

Merit: 117

When you really look at it, there are not really many of them. There really are very many of the same kind so it's not much. They are really just a bunch of shitcoins looking for someone to rip off.

Akpuv

jr. member

Activity: 322

Merit: 2

The market is too populated with so many cryptocurrencies. Not all of them can even survive. Some of the cryptos that were created are already dead as a result of no viable plan prior to launch. The owners have even disappeared.

Keyboard PC

hero member

Activity: 924

Merit: 500

I think nowadays there are lots of cryptocurrency and they all try to be one of the solutions to the problems that exist in the world, I suggest you have to be careful when choosing cryptocurrency.

nokat

member

Activity: 196

Merit: 10

From the starting of this year 2018, there has been most scam projects i have wasted my ample time on and with this, i decided to stop crypto because i have no other choice of cryptocurrency i trust is worth for me.

DOLONCHAPA

full member

Activity: 360

Merit: 100

It is considered the era of networking & technology. Cryptocurrency creates a new dimension of this. In the recent time, there has to be some kind of a worldwide cryptocurrency organisation,which approves or denies new altcoins. All the crypto trading platforms will have to abide by the rules of this organisation and clear the crypto marketplace from the shitty pump & dump coins. After all, People benefitted by so many Cryptocurrency undoubtedly.

Kapee

jr. member

Activity: 182

Merit: 1

At times, i sit back to think of how to make a correct choice with these uncountable cryptocurrencies popping up nowadays. It will be very painful for following a fake cryptocurrency and at the end, you be lost on the market Cry

.

arbifahrozy

full member

Activity: 896

Merit: 100

$CYBERCASH METAVERSE

in my opinion, it is free in Crypto all competing healthily by competing in the big market. of the many kinds of coins, only a few survive in the market, and others only last a minute and die coins.

Irvinn

full member

Activity: 966

Merit: 104

Quote from: fiulpro on May 27, 2018, 09:32:27 PM

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

Most crypto-currencies are tokens, which work in a very narrow sphere of our activity. If we take them away and see how many coins we have, then there will not be too many of them.
As for limiting the release of different types of crypto currency, this should not be done categorically. The only regulator of crypto-currency, including their number, can be only the crypto-currency market, that is, in fact, the level of demand for these coins and tokens. If we allow more different regulatory bodies, a lot of possible abuses will open up. By creating a crypto currency, we are trying to evade regulation of our financial side of life and from abuses and corruption of various structures at the same time, and again here we will create structures that are at our own discretion (including by taking bribes). will decide what crypto currency can appear in our world, and which is not.

IGP50

newbie

Activity: 112

Merit: 0

There is always the deep thinking of which cryptocurrency to invest in since there are countless of them on the market. It take caution and vigilance because you can gain a lot and you can also lose massively.

joromz1226

sr. member

Activity: 798

Merit: 258

Yes it is true that there are many cryptocurrencies nowadays, and they're also many scam tokens or shit coins that appeared in this industry too.

though, it became trend in our generation, where lots of investors patronize it because it is trend without doing research first before investing.

But, for you to find the potential altcoins in the market we check all of it at coinmarketcap.com

Sasha Grey

member

Activity: 672

Merit: 10

It must be admitted that too many cryptocurrencies make investors divided, this is what makes the value of cryptocurrencies cheaper, without the addition of new investors it is certainly difficult to make all coins survive.

ryzaadit

legendary

Activity: 2450

Merit: 1225

And 80% cryptocurrency its a ICO, mosthly only 5-10% project succes with ICO Project, other crypcourrency using ICO all failed because the price bellow from ico price. And the funny things they launched the token before the product release

Topic: So many cryptocurrencies ! - page 11. (Read 6272 times)