Topic: So many cryptocurrencies ! - page 32. (Read 6272 times)
I do not understand why every year many new coins are listed. I think the positive thing that can be in the presence of new coins is the possibility of crypto technology can develop. with the existence of new technology will be the creation of quality coins.
I see a lot of new coins and tokens in each year. does it make investors have a choice? or investors may not focus to invest because of the number of koihn or tokens in the market.
Because of the many ICOs project being launched then , it will create many tokens and tgis tokens will be registered in the coin market, that is why the coin market index is flooded with so many coins, yhat came from successful ICO project tokens.
Disagree about some body to control new cryptocurrencies.. seems strange people would think in that was and be involved in the crypto community considering the whole ethos is no centralization. I think it's good to have so many, lots of different ideas, and good ideas will rise to the top. Such as with Ethereum, a good idea, well executed.
Yes, it is becoming so confusing with so many currencies in the market but there are few which dominates the market like BTC or Ethereum because they are early in the market and more trusted as compared to alts because of their long term existence but on other hand most of the crypto currencies have to prove their worth, as blockchain technology is in initial development phase and no dominant technology till now and most projects claiming to have better technology than others.
I think in this initial phase of blockchain technology development, it will remain uncertain which technology or project will exists in future but I think the major players in the market should come together to form a self regulatory forum and only certify the projects which are technically sound and have enough resources to develop the basic infrastructure to launch a crypto currency to weed out frauds or scams.
I think in this initial phase of blockchain technology development, it will remain uncertain which technology or project will exists in future but I think the major players in the market should come together to form a self regulatory forum and only certify the projects which are technically sound and have enough resources to develop the basic infrastructure to launch a crypto currency to weed out frauds or scams.
I believe that in future there will bo not many left and the only ones who will be in the market are the ones that will have a working product and provide something to the society by solving a real problem.
It is true that this year of 2018 there are so many cryptocurrencies on the market but i believe that if we want to invest in crypto, we just need to choose a crypto that have s bright future just like investing on top 100 crypto.
A lot of shit coin, not crypto currencies. Follow the successful of some major crypto, everyone hope have NEW BTC chance.
at the moment a lot of crypto currencies are popping up and each crypto currency has their own road map and I think it's their responsibility, developer, to take that path in their minds so that it will make their crypto a success. If their crypto currency does not survive in a cruel competition with many other opponents then I think it is the developers fault
I think we need an association or organization to manage that. Well, governments will indeed try to take over this action and I think that's what we're seeing right now.
I agree that right now there are so many cryptocurrency and for me not all of those crypto have a good future and i dont really think that all the cryptocurrency will survive on the market for long time and i am sure that only the crypto that have a future will survive for long time.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 ?
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 ?
Wow! They are so many! I think that with time they will just be delisted and forgotten, because I think the non popular token will not be lasting for long time.
I believe in healthy competition. If it's a healthy token then it will survive. This is the same thing happening in our economy right now. There are so many businesses being established on a daily basis and not all of them survive. Mostly failed actually due to lack of preparation and without a solid foundation. What happening in the offline world is the same thing happening in the online world.
I really agree with the OP that there should be a form of regulatory body to minimize the risk of fraud in the cryoto space. With so many cryotos, people find it difficult to choose the best ones and fall victims to scammers.
Governments are trying to create some measures for this, but this isn't their work and it will never be. I believe that crypto community, in general, will figure out a way to prevent scams and such overexpansion of worthless projects. After all, we do have a unique system for building trust. Math can solve so much 
So much cryptocurrency is a good thing, it just shows that it's very hot, there are many participants, usually one thing is to develop well, there will be an outbreak of this quantity in the early period, and then it is the quality of the outbreak.
we can have several choice to buy coins/ token in cryptomarket.but disadvantages is bitcoin price could be very high volatile while people dump bitcoin after they taking profit from their coins/tokens.
So many cryptocurrencies leads to bearish market because people`s attention are being divided to many potential cryptocurrency and instead of focusing on investing to few established cryptos, people now are investing their money on new ones and may lead to lesser demand on those established cryptos which means the money of whole crypto world are being divided to many cryptocurrencies which leads to lesser demand that causes lower price that will lead to a bearish market.
So much cryptocurrency is a good thing, it just shows that it's very hot, there are many participants, usually one thing is to develop well, there will be an outbreak of this quantity in the early period, and then it is the quality of the outbreak.
Each cryptographic forms of money has their own guides and I think it is their responsibilities, designers, to take the street that in their brain, will make their crypto effective. On the off chance that their cryptographic forms of money did not survive the brutal rivalry with a considerable measure of different adversaries then I feel that is the blame of the designers and we don't have to consider it since we are simply constructing our interests in light of their feasible arrangements and techniques.
I think the more crypto in the market would be useless. just add coin to die only. investors only see potential coins and have the best technology. crypto competition is very tight in this year. many new coin and new technology in this year.
Yes most altcoin in the market are useless no real product, technoloy are poor and team can turn to scam any time, but the good thing is more people are being recognized the blockchain technology this is good for all of us because the volume will increase and we see the price of bitcoin can explode.
Share your opinions below , do you think it's positive ?
if many people who plunge into the world of crypto then the world of crypto will be better ..
More than 100 crypto currencies are in the market but we can find the best one for investment and to become the investor and those who are trading they are also doing a good business. if many currencies high chances of profit.
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