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Topic: So many cryptocurrencies ! - page 3. (Read 6272 times)

full member
Activity: 650
Merit: 100
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November 23, 2018, 09:08:24 AM
I do not think it necessary to make rules about the issue, let the competition determine the quality of a currency. we have the same rights here, but they should really give the best for their currency to get many investors.
Thats right mate,we are all willing to see how these coins perform in the market and how this would be able to function.They were created with different usage and those people behind the project would really feel the competition if it can be adopted by many and if lots of investors would show interests on th project.
member
Activity: 1764
Merit: 10
November 23, 2018, 07:35:33 AM
Now there is a cryptocurrency trend on which many people are trying to make money and therefore many of them create their companies and their tokens, they collect money with the help of their companies and thus if they collect at least softcap, then usually the tokens go to the exchange. As the cryptocurrency grows and gives incredible results, we will see a huge number of new tokens every day and new cryptocurrency exchanges, so you shouldn’t get too bothered about this topic, time will come and all these unnecessary tokens will disappear.
newbie
Activity: 47
Merit: 0
November 21, 2018, 02:32:50 AM
the market is expanding we can see so many cryptocurrencies in the market which is causing the prices to go lower the  problem to this is the newly developed coins show do progressive development
As long as Blockchain exists and can be utilized anytime, there will be always new projects hitting the market. This is not bad because these new projects add to the entire market cap. What needs to be done is the creation of ways and means to check the very few scam and fake projects among these new projects that tarnishes the image of crypto to the outside world.
Yes the market is full of many cryptocurrencies but not all of them are worth investing in but few like Bitcoin and ETH. In addition, these few coins being famous play a role in helping investors escape the frauds that would have been very common otherwise.
full member
Activity: 518
Merit: 100
November 18, 2018, 04:44:25 AM
Yes of course There are still many Cryptocurrency will and still gonna be launched in this coming years and I think people have their own project that they think will stand on unlike those Currencies that are being launched and don't get to be success. And it is really not good to some investors who want to make a better investments growth.
member
Activity: 434
Merit: 10
November 18, 2018, 04:20:23 AM
There is no way to encrypt money is a wave of human development. Many companies want to seize this opportunity. Too many coins are highly competitive, which is the inevitability of the cryptocurrency market. Perhaps the current bitcoin still needs to be greatly reduced to reduce the living space of other altcoins.
jr. member
Activity: 227
Merit: 1
IQCash
November 17, 2018, 08:00:04 PM
the market is expanding we can see so many cryptocurrencies in the market which is causing the prices to go lower the  problem to this is the newly developed coins show do progressive development
As long as Blockchain exists and can be utilized anytime, there will be always new projects hitting the market. This is not bad because these new projects add to the entire market cap. What needs to be done is the creation of ways and means to check the very few scam and fake projects among these new projects that tarnishes the image of crypto to the outside world.
member
Activity: 840
Merit: 10
November 17, 2018, 07:34:13 PM
There's no big deal if there are lot of crypto currency arise up in this field of business. For what important is we know how to choose on which of

the crypto's are good to invest in when we do trade in the market. Just always check the program of their project if it is achievable or not.

I am agree. Not matter how many token and coin in market but its about competition and i think its good for market. Investor will select the best project the should invest and i think competition will create healthy market for investor.
The best thing investor can do is just looking on their roadmap and the project. If the project runs good, i am believe the project will result a good product and having a loyal customer
full member
Activity: 201
Merit: 100
November 17, 2018, 02:16:32 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 natural that some company will issue their own cryptocurrency as they have various uses for various platforms in various countries. Hence, not everyone would hold or even know those 1624 crypto currencies you've mentioned, and it wouldn't even affect their respective markets negatively  as it is defined by their holders not by the demand of other cryptos.
full member
Activity: 1890
Merit: 101
November 17, 2018, 02:09:24 PM
I am very sure the cryptocurrency will continue to increase, this cannot be stopped before there are regulations that limit it.. but actually, this is very beneficial for investors, bounty hunters and people who have just entered the world of cryptocurrencies..
sr. member
Activity: 1344
Merit: 261
November 17, 2018, 01:16:01 PM
Since blockchain technology can be adopted into any field, there are so many diversified ptojects. But there must be a system in order to pre-eliminate useless currencies and ICOs. We see taht good projects which are actually created for doing benefitial thing are affected badly because of them.

Pre-eliminate? I don't think there is the necessary need for pre-eliminate when you can actually just  ELIMINATE these useless ICOs that never did anything right, but I don't thimk that having tons of cryptocurrencies is a problem, this is just right, a lot of cryptos will die, hence few cryptos would probably stay and improve, and therefore we can know what's the best, and to know which is usless and should be ignored.
hero member
Activity: 896
Merit: 630
November 17, 2018, 10:55:28 AM
Since blockchain technology can be adopted into any field, there are so many diversified ptojects. But there must be a system in order to pre-eliminate useless currencies and ICOs. We see taht good projects which are actually created for doing benefitial thing are affected badly because of them.
full member
Activity: 868
Merit: 151
November 17, 2018, 10:27:31 AM
With so many cryptocurrency on the market, that is a form of crypto's growing popularity, but on the other hand to get a profit is better to choose a solid cryptocurrency as an investment.
but we have to know where their company is standing, it doesn't matter how much crypto and exchange is, but their purpose and platform must be clear, and the clear legality of their crypto company.

It is vital to know all the details of the company before any investment is done in their coins. As you buy it for long term but soon realize that it is worthless coin or the company its is a fraud and did not got listed on any exchange etc and you end up losing all the money.
full member
Activity: 546
Merit: 100
November 17, 2018, 10:24:04 AM
With so many cryptocurrency on the market, that is a form of crypto's growing popularity, but on the other hand to get a profit is better to choose a solid cryptocurrency as an investment.
but we have to know where their company is standing, it doesn't matter how much crypto and exchange is, but their purpose and platform must be clear, and the clear legality of their crypto company.
indeed with many crypto available, we must be smart to invest funds especially in altcoin that is not yet established. we must know all about the project, so we can predict its future development

Various tokens constantly appear, but we all see that the dominance of Bitcoin is still great. For several months, it remains about 53%. I guess, people (the majority of them) trust BTC much more.
full member
Activity: 1344
Merit: 103
November 17, 2018, 01:43:58 AM
Yes , there are many cryptocurrencies that circulated online but they are different purposes and some is not  really  useful or its called scam coin. But like you said if there are one that want to regulate all the cryptocurrencies is possible that the bitcoin will rise up fast again because of the good purposes of this in online industry.
bce
sr. member
Activity: 756
Merit: 250
November 17, 2018, 01:27:29 AM
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. they will loose their volume and after a while they will return a shit coin and forgetten. no need any regulations.
the development of time and technology may be more and more crypto currencies that will continue to emerge and look for investors and the only choice is we who know and our confidence in what we invest is very important
member
Activity: 434
Merit: 10
November 16, 2018, 11:04:11 PM
This is a process of market development, and people try to reflect their value in cryptocurrency. Future cryptocurrencies must be very similar to the Internet. You must now find expensive coins in the future to invest in it, otherwise the future investment profits will be very low, such as today's stock market.
full member
Activity: 826
Merit: 100
November 16, 2018, 09:27:24 PM
With so many cryptocurrency on the market, that is a form of crypto's growing popularity, but on the other hand to get a profit is better to choose a solid cryptocurrency as an investment.
but we have to know where their company is standing, it doesn't matter how much crypto and exchange is, but their purpose and platform must be clear, and the clear legality of their crypto company.
indeed with many crypto available, we must be smart to invest funds especially in altcoin that is not yet established. we must know all about the project, so we can predict its future development
copper member
Activity: 383
Merit: 100
November 16, 2018, 09:12:14 PM
With so many cryptocurrency on the market, that is a form of crypto's growing popularity, but on the other hand to get a profit is better to choose a solid cryptocurrency as an investment.
but we have to know where their company is standing, it doesn't matter how much crypto and exchange is, but their purpose and platform must be clear, and the clear legality of their crypto company.
newbie
Activity: 33
Merit: 0
November 16, 2018, 08:26:32 PM
I do not think it necessary to make rules about the issue, let the competition determine the quality of a currency. we have the same rights here, but they should really give the best for their currency to get many investors.
Right! Let them run and prove themselves how valuable they are in the market. In that way we can weight which is which.
Sure, it is waste our time to make rules. Just let them grow up naturally. We can not know how long will they survive so do not think much about this.
full member
Activity: 421
Merit: 100
November 16, 2018, 12:54:53 PM
There's no big deal if there are lot of crypto currency arise up in this field of business. For what important is we know how to choose on which of

the crypto's are good to invest in when we do trade in the market. Just always check the program of their project if it is achievable or not.
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