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Topic: So many cryptocurrencies ! - page 33. (Read 6272 times)

full member
Activity: 588
Merit: 100
June 29, 2018, 06:37:50 PM
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.
newbie
Activity: 98
Merit: 0
June 29, 2018, 05:30:34 PM
There are numerous cryptocurrncies on the market making it very difficult to fish out the promising ones.
newbie
Activity: 83
Merit: 0
June 29, 2018, 05:19:31 PM
That's right, at the moment I see a lot of different coins. I do not have much experience to choose good coin and invest so now I only invest in BTC and ETH.




I think everything is back to the devotees to be able to save themselves and the friends around. This is what sometimes the government reminds us to be cautious in investing in the crypto world.
Legally and unofficially legislative corporations should be indispensable. It avoids cheating cheats fraudulently. But as we know there is no cryptocurrency to manage it.
Some people are now confused and are in pending to make decisions of investment; they are stuck in making their final decisions to select a source where they invest. I will tell you there are a lot of sources in which few are favorable for short term and few are for long term. Bitcoin and Ethereum are favorable for long term with huge profit while Altcoin, Litecoin and Neo are favorable for short term investments.

Yes, we should choose carefully on where we will gonna invest our funds, bitcoin and ethereum is for long term investments , and also thanks for mentioning the alts that is good for short term investments the Litecoin and Neo , I now have an idea which coin I will be investing to, also the number of crypto currency today is good because of the profits it will make.
member
Activity: 289
Merit: 10
June 29, 2018, 11:34:50 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 ?
I would say that the more cryptocurrencies are issued the better is for us. Because actually not all of them are making any difference. But this means that the market is prospering.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
June 29, 2018, 09:38:28 AM
yes .... there are many cryptocurrency. This crypto currency has its own map. How will future run? And have their own rule. Cryptocurrency is the only way to maintain your own rules.
What i see is that though there are lots of cryptos currently in the system, They are actually not offering anything new at all and that is the problem. People are not patronizing most of the cryptos coming because they are virtually the same in every right.
jr. member
Activity: 179
Merit: 1
June 29, 2018, 09:12:52 AM
yes .... there are many cryptocurrency. This crypto currency has its own map. How will future run? And have their own rule. Cryptocurrency is the only way to maintain your own rules.
full member
Activity: 397
Merit: 100
June 29, 2018, 03:57:29 AM
There are so many currencies in crypto market and all are having their own advantages.At present bitcoin is the king of all cryptocurrencies.It has many benefits and is very beneficial for the  investors.As we can see that number of investors are increasing day by day. Digital currency  is  in trend these days and in coming decades it will going to become the global currency.21st century  is the era of technology and cryptocurrency is one of the advancement of this century.
full member
Activity: 399
Merit: 105
June 29, 2018, 02:01:47 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 ?
This is great in my opinion, we will face more and more opposition with time, but the more people are here involved in this topic. The more power we represent!
full member
Activity: 381
Merit: 100
PRiVCY
June 28, 2018, 10:08:29 PM
If there can be any kind of Regulation in place truly, that strictly prohibits springing up of sheet coins ICO and with these Steve competition that is obvious, I also feel the insecurity risk and fraudulent miseries shall be drastically reduced to barest minimum, where even the new Investors would neither be afraid nor panic of Trading this Cryptops or investing in them either on short term or on long term basis. But who will now bail the Cats? Since even many both scrupulous and unscrupulous investors depends and enjoying this deregulation for their existence. Will they allow this strategy to see the light of the day? Whereas, if this can be initiated, even the various Government that are initially restrictive of accepting Cryptos shall never hesitated any longer bringing more awareness and sanity to the Crypto world of coins.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
June 28, 2018, 09:46:33 PM
I could agree with you that it isn't the more the merrier since we are talking about competition in business. The more competitors the less ICOs will gain because investors will be distributed. I don't believe scams are often connected to the numbers of company doing the projects but for me it pops up like mushrooms with every opportunity available. Scams are everywhere and on any business or money related activities. It is where their opportunity is. So we must be vigilant to see what we are in for.
member
Activity: 217
Merit: 14
June 28, 2018, 07:55:07 PM
So many currencies into the network will help in making the cryptocurrency industry more strong even when governments come up with different regulations that we cannot stand against. This is the beginning for the start of new way of economic system, people will easily get adopted to it.
full member
Activity: 378
Merit: 100
June 28, 2018, 07:45:43 PM
more than 1624 cryptocurrencies, and dont forget about a bunch of crypto projects that still on ICO and development. however, more than half of them only focusing theirself to become the next bitcoin. they just want their token or coin has high value to people.
I really agree that right now there are so many cryptocurrencies and for me not all that cryptocurrencies have a good future so i am advcing that all the investors who wants to invest should just choose a coin that have a great future.
member
Activity: 330
Merit: 10
http://www.daxico.com/
June 28, 2018, 06:35:57 PM
Yes definitely! If many projects are coming that means many company are still trusting bitcoin and more investors will come to invest their investments. That's why  I won't hesitate to say that this year is the best time to invest our investments in some cryptocurrencies because many competitor's are in fields to get their success.
member
Activity: 320
Merit: 10
June 28, 2018, 05:25:21 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 ?

Yes, more cryptocurrencies now are getting releases everyday, and i think marketplace cannot handle this because all coins now are getting red and not green. Some coins now are getting successful but many of the coins are not so successful, because of the platform or the team is not so solid to create a huge impact to the project.
member
Activity: 167
Merit: 10
June 28, 2018, 03:29:00 PM
There was one post recently here,  which explains the list of cryptocurrencies available right now. That's a really good post to read, because it explains how does the cryptocurrencies divided right now by categories.
newbie
Activity: 140
Merit: 0
June 28, 2018, 12:34:37 PM
Yes I feel confused to start buying coin or token which one. too many crypto so I think it is less effective in the crypto market. the main purpose of crypto is investment.
member
Activity: 238
Merit: 10
June 28, 2018, 12:28:22 PM
I think people should very careful in investment and then completely make sure that this currency is scam or trusted then they should invest in so that's why they will never lose their money rather they will get huge amount of profit. Same goes with the stock market there are still lots of stock to choose whether it is blue stock or penny stock. It is all about on how to survive on the market. Some will grow and some will die and put it into crypto junk
member
Activity: 210
Merit: 10
June 28, 2018, 12:28:13 PM
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
member
Activity: 238
Merit: 10
June 28, 2018, 12:28:06 PM
I don’t really see it as a positive thing, seriously it is affecting the community, but that’s for those who ate careless. And for legit exchangers who are starting up new, trust me it is not always easy for them due to the scam problems and lack of trust everywhere. We have participated in crypto currency investment by either buying or selling in the trading market
full member
Activity: 322
Merit: 100
June 28, 2018, 12:19:32 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 ?

I agree with you completely, we need a regulatory body that will stop this mess and chaos in the crypto market. hundreds of coins are unnecessary on the Ethereum wallet, what to do with them and why we bought them ..... Coin dump.
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