Topic: So many cryptocurrencies ! - page 38. (Read 6272 times)
Totally agree with you, to be honest, I had the same issue when I started exploring that topic! Truly, now there are a lot of projects, and all of them are aimed at improving services, it's cool, but it seems to me that everyone has forgotten about the security of our data, but the block is well protected, but now. I read an article about quantum processors, they are already talking about the possibility of hacking, and what will happen after they become public, and the technology will improve. I began to look and found an interesting project that is immediately ready to solve the problem of not only quantum protection, but also improve the speed of the entire system as a whole. So now I personally recommend Plan Kevin. Kelvin Blockchain is very flexible and adaptive, which makes it a perfect choice for implementation of the new blockchain projects and platforms.
Yes. Nowadays there are a lot of cryptocurrencies. Day by the number is increasing. There's a big competition. As it's a free market so many cryptocurrencies is normal.
Competition is not a problem as long as they perform well, just compare it to existing companies big or small. Its a free market so anyone can join and ideas get funded, the only primary concern now is to tackle fraud and how to remove scammers from the growing industry and Its a tough job for regulators to do so. Innovation is not bad we only need guidance to have a healthy crypto ecosystem
This market will soon come to an end. There is a lot of investment. The number of people is increasing 100 times more than the old days. This time people are starting to come in very low compared to what they do. Therefore, nobody will start to hand in these things.
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.
I don’t think there is something wrong with having thousands of cryptocurrencies worldwide. Anyway it will be the people’s decisions on what they want to invest in. A wise man will always chose the right one whatever cost it might be. Competition is good to distinguish what are the strong and potential coins will be.
Well there are many projects with great visions that are tying to raise funding through block chain and the known way is to issue a token or coin so we will continue to have different tokens as far as new visionary projects pop up on the block chain.
I think everyone has different views with the number of new cyrpto, I think it's good if there are many new crypto currancy, because we will get many options to choose investment in cyrpto
So many cryptocurrencies are being invented every other day, sometimes, in one day, they are launching their own cryptocurrency. Each cryptocurrency can be our own altcoins. Investors invest to which they can produce their income and profit. Likely other altcoin and cryptocurrencies are being funded. A new crypto can be created for each investors.
That is true that there is a lot of altcoins that are being created each and everyday and that is because of the different ideas that is being created from the possible entrepreneurs but there are also behind of those creation and some of them are greediness because they just want to make quick profit so it is best to do some research first before fully engaging into a certain altcoin. 
So many cryptocurrencies are being invented every other day, sometimes, in one day, they are launching their own cryptocurrency. Each cryptocurrency can be our own altcoins. Investors invest to which they can produce their income and profit. Likely other altcoin and cryptocurrencies are being funded. A new crypto can be created for each investors.
i think we are in the right space at the moment. with the increaase in cryptos most of the players will be forced to level up so as to remain relevant. we should let forces of market to separate men from boys. 
You are absolutely right. The more the greater risks of losing. How do a business sell if all are just selling and consumers are depleted because they think its good being in the business? This is what is happening right now. Small companies are on the lose and are not gaining profit anymore. Cryptocurrency is for the strong and the fittest! Had bitcoin been so weak it could have been close due to many altcoins rising up as competitors.
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 ?
In my opinion we should take such things in Always positive ways , here I agree fully that the making of new new coins are not better for the future of the cryptocurrency world and also there are lots of people who are using the ICO project method to scam the people by getting investment and enjoying them by list the coin at stupid/worst exchange .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 ?
But here I have factor that will say that we are in the positive way of this field with the lots of new new cryptourrency , think that , if new currency will enter in the cryptocurrency market then people will buy it with the use of bitcoin and they will invest in it , so here demand of the bitcoin is increase over all , and that will result into the increase of the price of the bitcoin , so why we should take much tension regarding this thing , but still here we need to remain careful about the worst ICOs project to safe our investment otherwise we will loss much in the ICOs project ( a new coin ) .
Yes, there are over 1600 coins and tokens, but can they all help the economy in the future? I think no. Because of that, there is at least 5-6 coins belonging to a sector and they all want to be earn the most money in discrimination.
The number of alternative coins will continue to grow.
Control should be carried out by the market, not by the government.
Control should be carried out by the market, not by the government.
Mission impossible 
I would say it is not a mission impossible and the government can do many things in expanding the technology and legalizing it. If it is legalized, the government will keep some good check on the market and the scam coins will disappear. Also when the technology expands, more and more people will come to know about it as a result of which it will be difficult for the frauds to outwit the investors and they will only invest in genuine crypto.
btc is a universal system, standing head and shoulders above the analogues developed later, and is the most well-known decentralized registry, on the basis of which many alternative coins were created.
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 ?
In my opinion we do not need to make rules about this 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. We will see the competition. We will see.
There is nothing like increasing the rate of fraud😑. Even if it is being regulated, there will still be fraud. Even with use of banks, there are still lots of people that are getting scammed everyday. All you have to do is be careful and stop being stupid. Scammers can only get you when you’re not careful, but if you’re careful, you will be avoid their traps. Some of us make the mistakes of going for cryptocurrencies that are new and has no reputation, cryptocurrencies that you know nothing about… Lol, why won’t you get scammed?
You are right, some regulation may would be nice in the market. I could imagine, that it may could even cause some price growth, regarding to the top coins.
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