So many cryptocurrencies ! - page 19.

armarsterling7

member

Activity: 420

Merit: 10

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 ?

it is good. Because it increases the market capitalization of Cryptocurrency and creates jobs for many bounty hunters. ICO projects are always welcome and these are programs that attract investment into the Crypto market.
If one day some altcoin can not stand up in this market and be eliminated, that capitalization will remain in the Crypto market.

[email protected]

newbie

Activity: 37

Merit: 0

Every crypto currencies has their own roadmaps and I think it is their responsibilites, developers, to take the road that in their mind, will make their crypto successful.so even I think regulatory is going to give positive effect on the investors, but I think the investors prefer a decentralized investment

Courtneyhardy89

newbie

Activity: 31

Merit: 0

There is nothing wrong with having a competition, a competitive market only the strongest and most reliable currencies will exist. But they should provide the best for their currency to get more many investors and reduce the fraud rate in coins.

befriendmywater

member

Activity: 658

Merit: 10

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 that will not have too much influence on the capitalization market capitalization too much. This is because many of the altcoins were born before and it was completely eliminated. Unlikely altcoins will be eliminated and this will be an important announcement to long-term investors.

jahda1001

newbie

Activity: 42

Merit: 0

I don't think there is any agency that will do this. Because they are themselves in projects, they make money by offering balance.
But it's not the main issue, the problem is that the user has been smarter. They know how to choose the right project, otherwise, if they choose wrong, they will be compensated as a pile of piles in their pockets.

HeatherAdams00

newbie

Activity: 31

Merit: 0

I think it can be viewed as an investment product like gold or government bonds. At that time people have the right to buy and own it but not allowed to use it to pay for products and services. Or if the virtual currency is a special commodity, then the problem of managing individuals dealing in Cryptocurrency is profitable to pay income tax ...

It should also be considered for the establishment of a virtual currency trading platform, in which the State takes control. After the transaction floor can be collected transfer fees, transaction taxes ..., ensuring the safety of the sender and receiver. Simultaneous monitoring of transactions, money laundering.

Bitcoin in particular and cryptocurrency, in general, are extremely complex and difficult to manage. In my opinion, although it is difficult to control some if there is a close combination of many ministries. If it is difficult to manage a law that prohibits it, it can only prohibit the risk, but can not eliminate the opportunity, even if the opportunity is extremely risky.

So instead of banning it from accepting and managing, it will be more profitable. For example, tax collection, prevention of money laundering, risk reduction for investors, the recent iFan cyber-scuffing is an example.

gurang

jr. member

Activity: 350

Merit: 2

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 ?

they are so fierce that they are interested and because they are working so much interested because they see good examples

repzaj

newbie

Activity: 78

Merit: 0

yes there is it. cryptocurrency still growing and growing. they are so many alternative coins that can use to exhange to a major coins and sooner or later there will be a lot of any kind of crypto will come.

Roukawa

member

Activity: 546

Merit: 10

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 ?

Out of all cryptocurrencies we have, most of them are just shitcoins. There are cryptocurrency that pumps for just few days or hours then dump forever. The ICO price did not follow and I don't why it is. If I am an investor, I will not lend much of my money in new ICO because when they are on exchange, prices down. I think that the continuously grow in terms of number of cryptocurrency is not good and it just lead for a destruction of cryptocurrency.

Sarastiche

member

Activity: 532

Merit: 10

BITCOIN IS THE CURRENCY OF THE GLOBE

The cryptocurrency space is still an emerging space, several coin coming up daily, sure many will go into extinction and the real token with a major project to back up will remain, couple with a form of regulation and policy that is sure to creep into the space, adding value to the cryptocurrency space

Joe103

newbie

Activity: 71

Merit: 0

Too many cryptocurrencies bring more confusion. Some of them may not even see the light of the day. I think something need to be done to control this.

mudra102

full member

Activity: 165

Merit: 100

There are so many cryptocurrencies now. And they have a variety purposes. We all know that. Thats why every token has their own white paper. So I am aware who are those shit coins and none. It is good for us because we have an option for us to choose on starting an investment but each crpytocurrency has its own risk for us to take when starting an investment or planning to trade in

mybtcasset

newbie

Activity: 238

Merit: 0

cryptocurrencies will boom due to market explosion we cant completely believe how many coins will be finally successful

erominer

newbie

Activity: 155

Merit: 0

yes and most of them are scam.

thefatman82

member

Activity: 166

Merit: 10

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'm wondering how many cryptocurrencies are existing by now since there is quite serious amount of time passed from the time that you have posted this article, anyway I'm thinking that this is positive more than this is negative.

ggezlink

jr. member

Activity: 61

Merit: 1

The decentralization of cryptographic money is the one motivation behind why numerous individuals and financial specialists enter in crypto world. Couldn't care less if there are such huge numbers of cryptographic forms of money that contend it's other. All things considered ,I think it is good,people has a great deal of decision if what coin they need to contribute. Rivalry is dependably there in crypto showcase since the start and now that there are such a large number of digital money revolving the market we can have a feel on who can survive the longest

Sergexzx

newbie

Activity: 6

Merit: 0

before investing remember to read the whitepaper and learn about who is in the project!

Amanda Green

newbie

Activity: 28

Merit: 0

Yes, there are a lot of different ones on the market. It is so easy to be lost. Everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising tokens. I have found a trustworthy project. It is called Socratus. It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.

Yarsk

full member

Activity: 448

Merit: 122

Most time I think that the world doesn't need so many cryptocurrencies and again with the failure of most of those coin which always lead investors to lose the money and at the end giving the entire crypto community a bad image, all we need is to embrace bitcoin and make it more popular and generally acceptable.

Roomshambles

newbie

Activity: 130

Merit: 0

The more crypto I think it's a good thing because more and more people will be interested in any altcoin that has its own roadmap. Each ICO must have its own interest.

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