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Topic: So many cryptocurrencies ! - page 16. (Read 6272 times)

member
Activity: 247
Merit: 10
August 07, 2018, 10:26:12 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.
newbie
Activity: 37
Merit: 0
August 07, 2018, 10:04:57 AM
Cryptocurrencies, pay attention to the very promising DAN project, the bounty company which was rated by Vitaliy Buterin himself. This company has high ratits, large payments and huge chances of success!
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
August 07, 2018, 09:01:57 AM
Its true there's many cryptocurrencies are here and it's not hard to choose a good cryptocurrency for investment. Every coin has their own feature and potential.

I almost tried all currency but I found the only BTC with good potential that's the reasons why it's in number one cryptocurrencies and it will remain first always

I bet you're get so much losing from investing your money on other coins lol  Tongue. It's true there's a lot good project with good future but with lack of management and diligence from the team it's only will become an another scam project later.
member
Activity: 1078
Merit: 12
August 07, 2018, 08:49:28 AM
Crypto is freedom, so make everyone make coins, this is what makes the market widely divided so that the marketcap of all coins looks small, I hope to make regulations soon to regulate coin making so that it has a good future.
hero member
Activity: 686
Merit: 521
August 07, 2018, 08:25:48 AM
Its true there's many cryptocurrencies are here and it's not hard to choose a good cryptocurrency for investment. Every coin has their own feature and potential.

I almost tried all currency but I found the only BTC with good potential that's the reasons why it's in number one cryptocurrencies and it will remain first always
newbie
Activity: 104
Merit: 0
August 06, 2018, 12:02:02 PM
I also do not like the idea of so many crypto coins. I think 20-30 are more than enough.
sr. member
Activity: 784
Merit: 250
August 06, 2018, 10:51:37 AM
How many coins are there in the crypto market? with more than 1000 different coding currencies, offering many opportunities and difficulties for investors.It was created and developed with the simple purpose of replacing real money.
isnt give us opportunity with this? if we can take 10 percents from total coins in market that have good potency and quality we will able to earn money.dont think from negative view.
newbie
Activity: 41
Merit: 0
August 06, 2018, 10:39:29 AM
When we discussing about cryptocurrency, when supply is increasing but not followed by demand then what always happens is a decrease in the value of the product and because more and more coins are not necessarily followed by an increase in prices. This depends on the demand for the coin that is the basic regulation that is noteworthy for developers, which in itself will leave the highest value on the coin with the highest market demand.
legendary
Activity: 950
Merit: 1000
August 06, 2018, 08:37:31 AM
So many crypto money are very good in terms of diversity. But it's too unnecessary and so dysfunctional. This allows for the formation of a mass in the market. These coins are being prepared and presented to the market with ico. But there is no control over this. And everyone can do the necessary operations and make a coin. There is no end of it. A serious measure needs to be taken in this regard. There are hundreds of ico every year and how many of them need to be considered successful. The market is bad, but this is also because the icon is bad and the market is saturated with the coin.
member
Activity: 212
Merit: 15
August 02, 2018, 10:20:38 PM
In every crypto currency has its own program to develop its crypto so that if have a good program will certainly many who are interested and will progressively but for those who do not, it will be eliminated
newbie
Activity: 191
Merit: 0
August 06, 2018, 08:24:20 AM
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 ?

Bitcoin crypto currency is the great crypto ever, even if this is the first Crypto made and pioneer to all crypto currency in almost 1 decade because of a great feature of bitcoin until now people are loved continuously. Sometimes people are disappointed due to their loses but obviously they don't want bicoin become shutdown.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
August 06, 2018, 07:39:33 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.

I think there are not really that many crypto currencies at all. First of all almost 99% of those "currencies" are scam coins or shit coins and they worth nothing even though if people put a value on them.
They are useless and not make a dent in the crypto world. Also if you think about how many currencies in fiat all countries have its above hundreds of currencies probably so when you put together the first 100 crytpo coins on the market cap, its still not too much comparatively speaking.
newbie
Activity: 98
Merit: 0
August 04, 2018, 04:47:37 AM
It's because there are so many coins that the price of coins never goes up, because they compete and occupy too much market share.
newbie
Activity: 31
Merit: 0
August 04, 2018, 04:33:08 AM
I think there is nothing bad in having as many cryptos and exchanges, after all, there is an increase in the global population and many are diverting their investment into Cryptos and all these Cryptos addresses or are a solution to one project or the other thus gives room for choices of interest to an investor it helps them to be richer in many options.
sr. member
Activity: 812
Merit: 256
August 04, 2018, 03:53:09 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.
member
Activity: 700
Merit: 10
August 04, 2018, 03:47:31 AM
Many different cryptocurrencies is not a new thing, however. As early as December of 2014, when the total cryptocurrency market capitalisation was roughly $5bn, there were already over 500 cryptocurrencies being traded. That number is over 1,500 today and grew dramatically in 2017 thanks largely to a massive spike in initial coin offerings. Referred to as ICOs, these offerings raised roughly $5bn in 2017 alone through over 700 new coins offered. While there were definitely scams that simply stole people’s money, the jump to 1,600 cryptocurrencies was definitely buoyed by these coin offerings.

Positive think on many crypto currency in market is we have many option to choose and to invest. But the negative is very hard to identify the good project and scam project because with more than 1500 different coin, we can not analyse one by one coin/token or project. The safest option is we choose coin on 100 or 200 top coin in market cap.
full member
Activity: 566
Merit: 102
August 04, 2018, 02:48:41 AM
Ignore those coins that ranks after 100 or just focus on the top 50 crypto and you'll be good. Others are just copy cats and not so long the will just fade away.
In my opinion, for earning good money and risk free business, one need to invest only in the top ten coins in the crypto market. These coins are the most desired by the investors and have a low factor of risk with good market popularity. I do not think investment in coins which comes after 10 might incur you a profit like than earned by investment in the top ten coins so it is better to do the crypto evaluation and claim a good asset in the market.
newbie
Activity: 24
Merit: 0
August 03, 2018, 01:38:59 AM
Solution is very simple stop buying sh*t coins.. Then the coins with use-cases will survive 
member
Activity: 231
Merit: 10
August 03, 2018, 12:27:43 AM
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 ?
In my own opinion, yes it increases the risks of any fraud but we cannot control the number of cryptocurrencies appearing in the market. We just need to choose that can gives good profit and those who have potential in the future. There are lots of cyrpto coins that we need to choose and there are some that are scammed so better watchful in investing.
member
Activity: 294
Merit: 11
August 03, 2018, 12:24:14 AM
Yes, there are a lot of crypto currency and every day there are new ones. It is a pity that the market is in decline.
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