So many cryptocurrencies ! - page 39.

yanesna3

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Quote from: cryptostardom on June 15, 2018, 07:53:47 PM

I believe that competition is good for the market, though sometimes some coins are pumped and thereby overshadow the real ones. The good solution will be to get an international board to have some form if regulation to these coins just to keep them in balance. Because these coins pose a lot of threat to investors and discourage a lot from investing in undervalued Altcoins and ICOs.

The competition is good here but the newbie might not understand which of the altcoins he should choose. I suppose the beginner must concentrate on the alts from top-20.

redsun114

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Leading Crypto Sports Betting & Casino Platform

Quote from: lol1yatme on June 18, 2018, 02:22:25 AM

Quote from: Dr.Osh on June 12, 2018, 01:53:14 AM

Quote from: kalawang on June 11, 2018, 01:12:48 PM

Quote from: fiulpro on May 27, 2018, 09:32:27 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 are so many cryptocurrencies and token they are so many and they have a variety purposes. And also they are many tokens or cryptocurrency that scam or shit coins thats why I always read those white paper and the road map of their project so they would not scammed me. Cause I know who are the real and not.

indeed there are so many cryptocurrencies for now, as there is so much competition in the world of cryptocurrency. well, many ICOs are being created for now to attract investors. and, the old cryptocurrency must make progress so as not to be lost.

Yeah you are day by day the number of investors is increasing and so the cryptocurrency in the market. For new investor I suggest never invest in new ICO because many of them are scam and it will take all your money. Better to invest in reliable and trustable coins no matter what the price is. The future is bright of cryptocurrency and good currencies will lead this market.

Whatever how much currencies are there in the modern markets, you need to invest and choose one or more but the valuable currencies if you are a productive person.

In order to get maximum product from your investment your target should be the Bitcoin and then next target should be Ethereum and Altcoin. With these investments you will get a high place in a short time but remember that this is just for a person who has enough market knowledge to run and manage all the processes.

Emitdama

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Activity: 1848

Merit: 328

Quote from: fiulpro on May 27, 2018, 09:32:27 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 ?

You should understand that this is a matter of choice. No one is forcing you to invest in all the cryptocurrencies in the market, you’re not going to invest in over a thousand cryptocurrencies, you only invest in the ones you like that’s it! So if you invest in the wrong one and get scammed, you shouldn’t blame anyone but yourself, cause no one forced you to do so. And we don’t need anyone to regulate cryptocurrencies, it was meant for people to be in charge of their money and to be out of control.

katiecbell

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Quote from: boddy.dy on June 15, 2018, 05:41:43 AM

Yes indeed there are a lot of crypto currencies and there are good and bad effects of this. Lest start with the bad effect, well the bad effect is that if there are a lot of crypto currencies the competition is high, the users will have a lot of choice to go with and with that the users and the demand will be divided. The good thing here now is that if there are a lot of choices the crypto currencies it will have a good competition. And we all know that if there are good competition the crypto currencies it will do their best to develop their coins for its users not to go out with them.

In crypto market some investors are confused whether invest in Bitcoin or Ethereum, they are in pending about their selections. I will suggest them to invest in both and should try it practically according to the market rules and principles. Both investments will result in profit and it depends upon the knowledge of investor, so it is a wonderful decision if you are investing in the crypto market.

sultanGol

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Activity: 188

Merit: 10

Truly, this is a huge number of cryptocurrencies, and considering there are more than 100 ICO every month, it will just keep growing, more and more rapidly. But I think it is OK, we are responsible for our decisions, which ones to invest.

Cherylstar86

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Activity: 1484

Merit: 253

Quote from: Glorypaasa on June 18, 2018, 12:13:06 PM

Quote from: Btcepenbob on June 16, 2018, 12:28:53 AM

Yes, number of ICO are constantly increasing. But I don't think it is bad thing for the crypto market. This could help the status of cryptocurrency to be known and used globally.

There's nothing wrong if there many ICO and you are right this could help to other people know about the existence of cryptocurrency but I hope to those people who's willing to enter crypto world should understand first what is the true purpose and what are the benefits and risk that can brings to our life because there are many people think crypto is a form of scam.

Actually, as the time passes by crypto currencies become more popular here in the cyber world. Infact, fake crypto currency become rampant since by doing to have ICO projects can have more investors in which by having great amount of funds just to maoe possible the kind of crypto currency that may exists soon. Hopefully those scammers will easily identified and we should be observant as well as be attentive since it talks about money.

Cinemo

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Activity: 350

Merit: 100

Quote from: fiulpro on May 27, 2018, 09:32:27 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 ?

Yes its so many cryptocurrencies but we should learn something from it cause we all know that bitcoin and other tokens are have a varius used to live with pain. The first is to invest it will rapidly growing company or a new i. I need someone to talk to become rich but I think that the future

Simon_Gr4p3

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Mission impossible Grin

ReiMomo

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Duelbits - $100k Bonus/week

There are rules and regulations in place for new ICO's now a days and there is strict guidelines levied for these from SEC as I know from some my friends. If you haven't approved or registered in SEC, then you cannot launch an ICO or run a crypto currency in the market. There should be more rules and regulations but as you stated there is a one already and everything is monitored.

Glorypaasa

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Activity: 420

Merit: 100

Quote from: Btcepenbob on June 16, 2018, 12:28:53 AM

Yes, number of ICO are constantly increasing. But I don't think it is bad thing for the crypto market. This could help the status of cryptocurrency to be known and used globally.

There's nothing wrong if there many ICO and you are right this could help to other people know about the existence of cryptocurrency but I hope to those people who's willing to enter crypto world should understand first what is the true purpose and what are the benefits and risk that can brings to our life because there are many people think crypto is a form of scam.

xxlouisxx

member

Activity: 210

Merit: 10

Having too much crypto money is nice in terms of diversity, but there is another direction. I do not think there will be any bodies in charge of legalizing crypto so there will be only a few crypto. Because everyone is free to create and develop their own crypto as long as they are capable, so I think making a body in charge of legalizing crypto will not happen

realcrypto

member

Activity: 476

Merit: 12

If you see so many cryptocurrency in the market they are all for different purposes. The different cryptocurrency is use for operation of different platforms and project. Having so many cryptocurrency do not have any negative effect.

112tigra112

member

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Also there is a difference between Coins and Tokens, so I think this number is highly overcounted by somebody, not all of them are trading on exchanges.

mbenga

member

Activity: 182

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This is totally okay in my opinion, just remember, that it is something like that local currencies in the world, Rubble, Dollar, Euro and etc.

Gotomoon

sr. member

Activity: 719

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Quote from: ?? on ??

Absolutely, There is the big number of cryptocurrencies. But All cryptocurrencies are not famous.

Not all cryptocurrencies are not famous, eventhough there are many crypto exists there are still popular. It is important to search throughout the market which is best investment. Anyway this will provide good profit in the end.

jsrenthourse

member

Activity: 238

Merit: 10

It will increase the coin in the market. So it not use the all country people. So many coin is help to people choose and invest for the future growth. So it help to people invest so many coins. People will be gather more information and plant to invest and complete the work on time. This is no different than what we see in the real world where two stores open in the same street that offer the same products, if there is not room for both of them this means that one will disappear and the one that is left standing will come out stronger

bealjulian

member

Activity: 238

Merit: 10

First of all if your going to invest your money make sure you've thoroughly research that specific coin to not waste your money. Surely there a thousand's of crypto currencies but not all of them are scam pick the most trusted, a coin that's been test through time. Once those teams of developers make a platforms for ICOs and after the crowdfundings investors money will fade like memories this will alarmed investors to trust again in ICOs

Betwrong

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Quote from: fiulpro on May 27, 2018, 09:32:27 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 ?

Although I think some regulations wouldn't hurt, I strongly disagree with your assertions. I support the free market where anyone can create a crypto they believe will make this world better. It's up to us whether support it or not, but we have no moral right to forbid the creation of new altcoins. Everything evolves through tough competition and that's why regulatory economics always fail in the end.

topkhai

member

Activity: 351

Merit: 10

It is difficult to organize them because of the present system and freedom. Some fraudsters take advantage of this. Decentralized systems provide an opportunity for them. People who use crypto hope that their identity isnt showed, as opposed to what usually happens when we buy commodities online on the Internet using a credit card, where we have to enter personal details to verify the bank we use

Angela28

newbie

Activity: 168

Merit: 0

Do you know how many crypto there are in the world today? Do you see that enough to circulate and meet the need to use today's crypto coins? In the future we will have many crypto coins like that

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