So many cryptocurrencies ! - page 15.

hh4mmm

member

Activity: 378

Merit: 13

Quote from: fiulpro on May 27, 2018, 08:32:27 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 ?

i think this is the main reason why the market haven't added any differences till now, if there is no regulation the market will forever waves. i have sat to reason the cause of this unstable market. here is the answer every day not less that 15+- ico's is being launched and people are more confused on what to do and wen to invest and which to invest. in this aspect alot of people sold the little altcoin to invest in new coming ico's and this is causing the market to remains static or decrease it's as the day goes. sincerely speaking the system needs a regulational body that can takes care of what is going on around the crypto world. moreover there are lots of scam project around so people are also afraid of investing now. tell me how the do you think the market will grow if they don't believe in any project again. just emerging ethereum is now below <$400. well it's alright very soon a believe all this will stop.

pao25

newbie

Activity: 70

Merit: 0

It is true that small-scale stock exchanges have increased the risk. the reason is 51% CPU. there may be a risk, but why should this prevent creating new technologies?

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

In fact there are many more coins that have not been validated by Coinmarketcap so far to minimize coins that have no future. but also need to be aware of as much as any crypto out there surely it also affects bitcoin prices because demand to regulate other coin prices will definitely be needed. Which is its can be good thing and bad thing .

korong ajem

newbie

Activity: 109

Merit: 0

this will make crypto more attractive to many people, but there is the worst possibility if this continues to happen, coin value will be cheaper because traders and investors are divided into various kinds of altcoin

lelylely

member

Activity: 602

Merit: 10

Yes there are many cryptocurrencies, and of course not all will be able to survive. We have to take the time to research the cryptocurrencies we will buy, so we don't make the wrong choice. Choose the best and the potential so that it can provide great benefits.

nyerok

member

Activity: 279

Merit: 12

Ye there is so many crypto. It is not a problem. if there are so many cryptocurrencies what is the matter. people will traede, invest in the good ones. and no one is going to trade the bad ones. As I think more and more cryptocurrencies will have more competition

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: Baggong on August 07, 2018, 09:26:12 AM

When I open a coinmarketcap site, it has registered nearly 1700 coins and tokens, and every day new coins and tokens always appear so that by the end of this year the number of coins and tokens can reach 2500, this is what makes the competition very tight.

Every day there is new listed coin in market. Its hard to make choice in market when there is too many coin and too many option. But i think the safest to invest is choose 200 top market cap value and choose from that rating. Choosing from market cap value because its already known in market and have good liquidity in market

vokokawev658

newbie

Activity: 35

Merit: 0

As I think more and more cryptocurrencies will have more competition, there are also more illegal frauds. However, that also opens up many opportunities for investors.

Fatanut

legendary

Activity: 1008

Merit: 1060

Quote from: onrise on August 11, 2018, 04:57:18 AM

Quote from: Laily alie on August 07, 2018, 11:34:36 AM

There are numerous cryptocurrncies on the market making it very difficult to fish out the promising ones. Lips sealed

This is the test of the people to identify the best coins among all and if you can mange to do it then you be a rich guy as you can buy many coins during its pre ICO stage and get it at discounted rate. Once it get a bumper listing you are all set to make money from such coins.

Most of the time it doesn't work like that, though. Promising ones have a lot of investors and they get sold out almost right away, at least the ones with a good marketing strategy and the ones that have been hyped up.

ICOs have been the new nest of scammers and they are making more and more promising looking ICOs. At the end of the day, it still depends on whether or not they are going to run away. I suggest that you buy once the coin is listed to an exchange. That way, you will be able to avoid getting scammed since most ICO scammers run away right after token distribution and some don't even get to list the coin to a exchange. Plus, buying after the coin is listed in an exchange is better than buying pre-sale because it's the time when bounty hunters are dumping the coins and they are so muc cheaper. I really don't recommend investing in ICOs unless the advisors are relevant people in the crypto world.

dongyi17

full member

Activity: 616

Merit: 100

FRX: Ferocious Alpha

There are indeed many coins out there but only few survive..these coins are hopeful that they could, but its ups to the developer to develop their potential token s o that it can compete to the other coins and eventually hit its maximum potential, so that they will not be left behind and lose it value.

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: Laily alie on August 07, 2018, 11:34:36 AM

There are numerous cryptocurrncies on the market making it very difficult to fish out the promising ones. Lips sealed

This is the test of the people to identify the best coins among all and if you can mange to do it then you be a rich guy as you can buy many coins during its pre ICO stage and get it at discounted rate. Once it get a bumper listing you are all set to make money from such coins.

MeganJenkins1212

newbie

Activity: 31

Merit: 0

Blockchain technology is a new trend now and it is growing at a very fast rate, there are a lot of cryptocurrencies are obvious, be a smart investor, I think the more cryptocurrencies the more chances.

Caitsith

newbie

Activity: 31

Merit: 0

There are now too many cryptocurrencies and most of them are money created for the purpose of profiteering. There should be a more general rule for cryptocurrencies.

nsmdgw

newbie

Activity: 29

Merit: 0

I think the more cryptocurrencies there will be and the more competition and growth, the more dominant currencies will go up strongly. There will be more investment opportunities for everyone.

kingsmith002

newbie

Activity: 26

Merit: 0

Quote from: fiulpro on May 27, 2018, 08:32:27 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 ?

Thank you for your information.I tried to read on some thread and collect all what the information i read and I did not expect that it has a 1624 currently active cryptocurrencies.That was so amazing !

renggileh

newbie

Activity: 280

Merit: 0

Quote from: fiulpro on May 27, 2018, 08:32:27 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 ?

no, does each new coin have to go through a long examination process first? so that it can be ascertained whether it is feasible or not traded?
Come on, all the coins now have almost the same system.
I think this is just a market competition, and in my opinion it's good. more and more markets are more and more investors. What do you think?

BCSHonda

member

Activity: 392

Merit: 10

Quote from: Gabteb on August 04, 2018, 02:53:09 AM

Its very normal proces as many new projects comting out everyday and more exchanges are good i think as with very big echanges like Binance and etc price are very manipulative.

The most important thing is to apply to human life. Serving the community and increasing the value and profitability of participating investors. Electronic money appears and is doing so worthy of the community, which will benefit the society.

Laily alie

newbie

Activity: 87

Merit: 0

There are numerous cryptocurrncies on the market making it very difficult to fish out the promising ones. Lips sealed

Priaa165

newbie

Activity: 61

Merit: 0

Not all have good grades, not all coins have the same level of demand, and I'm sure there will only be a few coins that have good value. All we need to do is only pay more attention to the coin that will have high value.

olalaMaty

newbie

Activity: 126

Merit: 0

With about 1,658 digital currency types, it is important to realize that there are 1,658 digital currency types that need no attention. There are just a few important things to consider and you should choose your potential

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