So many cryptocurrencies ! - page 28.

Indai24

member

Activity: 448

Merit: 10

Quote from: Jupeter on July 08, 2018, 07:21:37 AM

Quote from: kumala_abi on July 05, 2018, 08:45:34 AM

more crypto currency will be more profitable for bounty hunter. they have more chances to earn money from bounty campaign. but the chances of a scam project are also getting bigger.

I agree that right now there are so many cryptocurrency on the market and for me not all those crypto have a very bright future and right now there will be more crypto in the market because until now many people is supporting snd investing in ico.

The purpose of this is to let us know which is a better crypto, this will help is compare and determine whether to invest or not to invest. So far these cryptos are performing well.

Jupeter

full member

Activity: 378

Merit: 100

Quote from: kumala_abi on July 05, 2018, 08:45:34 AM

more crypto currency will be more profitable for bounty hunter. they have more chances to earn money from bounty campaign. but the chances of a scam project are also getting bigger.

I agree that right now there are so many cryptocurrency on the market and for me not all those crypto have a very bright future and right now there will be more crypto in the market because until now many people is supporting snd investing in ico.

gareng1468

jr. member

Activity: 168

Merit: 5

every new coin represents a project or startup. Crypto regulation currently only available in certain countries. but the current number or type of coins that have been in large quantities is not a problem because each coin represents only a company. this provides an opportunity for anyone to invest and with a large of opportunities to advance the era technology and avoid cryptocurrency monopoly.

JMD07

member

Activity: 378

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 we really need regulations to screen out those many ICOs and determine which project has potential to grow. In this way investors will have full support on those project and minimize those fraud and fake projects to conduct ICO.

liivii

full member

Activity: 406

Merit: 100

Yes there maybe a lot of crypto currencies right now but if you really have knowledge of this kind of system you know what coins are the best to buy and what are those shit coins. So if you have a doubt on buying crypto coins then you must learn first the basics of it so that it will be easy for you to make decisions because you already have the knowledge. And by that time you will learn the more advance knowledge by experience.

gandhe83

member

Activity: 266

Merit: 10

Quote from: pallang on July 07, 2018, 06:21:01 PM

There's too much coin in the market and each one has the responsibility of developing it's coin to become one of the valuable coin and we must be smart to enough to select what coin is good to invest to avoid lossing your money.

Having too many coins in the market is making many investors panic when choosing to invest. It is true that for me there are a lot of worthless coins still in existence and I think that time will eliminate these coins to replace them with better coins.

bombie1

newbie

Activity: 112

Merit: 0

Well for now , it is a free market and any group of people who can come together and put a good plan down and come out with an ICO ,and if they market well,they get to raise funds and some of these projects do not even last for a year and investors lose money.There should be a body that look into this to prevent so many scams now.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: pallang on July 07, 2018, 06:21:01 PM

There's too much coin in the market and each one has the responsibility of developing it's coin to become one of the valuable coin and we must be smart to enough to select what coin is good to invest to avoid lossing your money.

I agree with that. We need to be smart and careful in choosing coins to invest because there is a lot of coins in the market that are good in marketing and showcasing their coins but in the reality they are not that passionate about the coin and they are just doing it for the money which is a reason for me to avoid it because they are losers.

pallang

full member

Activity: 518

Merit: 100

There's too much coin in the market and each one has the responsibility of developing it's coin to become one of the valuable coin and we must be smart to enough to select what coin is good to invest to avoid lossing your money.

allaking

jr. member

Activity: 75

Merit: 1

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 ?

There flooding of the crypto market with a lot of crptocurrencies has really increases the fraud and scams in the system. You know i nearly fall prey in the hands of these scam cryptocurrencies and i think is high time a regulatory body is being instituted to seek the affairs of these issues.

spartanrules

sr. member

Activity: 700

Merit: 250

No doubt that regulation of this sphere will affect positively. Because if certain sphere is regulated, trust of people in it and business turnover will increase, scams will decrease.

crazymelons12

jr. member

Activity: 238

Merit: 4

I agree that too many ICOs or cryptocurrencies could just just make the risks greater. But I always believe that it is not just about the number. It is about how people really love to get rich such that even when the method or way of gaining is illegal or fraudulent they would do it for their benefit. It is greed that creates this.

BitcoinMarketer39

full member

Activity: 392

Merit: 100

ADABsSsSsSsSSSsS

Quote from: davis196 on May 28, 2018, 01:53:04 AM

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.
There`s nothing wrong with having a tough competition,a competitive market is a must and only the strongest and most trustworthy coins will survive.

Not every cryptocurrency in the market has the capability or potential to grow because that will be depending on the developers if they are going to have the best marketing strategy.

market field

newbie

Activity: 178

Merit: 0

Currently there is a lot of electronic money. This is very difficult for us to select and invest. This is why I invested in a single penny because I did not have much time to learn about other coins.

Zigzagkuy

full member

Activity: 384

Merit: 100

It's so much cryptocurrency at the moment. New coins are also still coming with different goals and even the same. But everyone can choose which coins are best. So a coin that is not liked then will lose self-esteem and die. Maybe it's the cycle of coins that can not survive.

feinter

sr. member

Activity: 469

Merit: 250

Quote from: Lubang Bawah on July 07, 2018, 08:28:48 AM

It must be admitted that there are too many cryptocurrencies today, but for investors of course this is good and profitable because we have so many options that can get the maximum profit.

The only way for cryptocurrencies to truly realise their value is to be used.With so many people working on the over 1,600 cryptocurrencies, while some are admittedly bad eggs, there will undoubtedly be a continuation of integrations and applications for this technology.

Lubang Bawah

sr. member

Activity: 1358

Merit: 253

It must be admitted that there are too many cryptocurrencies today, but for investors of course this is good and profitable because we have so many options that can get the maximum profit.

Prodigye

newbie

Activity: 294

Merit: 0

It's definitely bad because the bad coins and tokens out there ruin the reputation of the industry as a whole, there has to be a filter to remove the trash projects who just want to cash in on the hype.

Bustart

sr. member

Activity: 658

Merit: 250

Quote from: DiabolicAnt on July 07, 2018, 07:16:04 AM

I definitely think there should be some regulations because the market of crypto must be under reasonable control. Otherwise things may go wrong and it can be unstoppable.

There has been many cryptocurrencies flooding in the market, but some of these might not be that legit. We need to make sure that we do background check, the developers, the team working behind it, reviews, market cap, volume ratio, and more. It's better to keep security and safety of high importance, we must learn how to strategize, and be careful in what we are dealing.

DiabolicAnt

full member

Activity: 420

Merit: 100

I definitely think there should be some regulations because the market of crypto must be under reasonable control. Otherwise things may go wrong and it can be unstoppable.

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