Topic: So many cryptocurrencies ! - page 5. (Read 6272 times)
There should be a systems that evaluates new currencies and ICOs. Unfortunately, the good projects who actually want to do something are affected badly because of the too many sh*tty coins trying to just make profit
I think the number of currencies should be regulated.
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 do think there is a positive and negative about the number of cryptocurrency in the market. First positive, i think its positive cause that means so many start up are think this is the best way to open a new businesses that related to cryptocurrency but the problem is there is too much coin that are useless and have been abandoned and most likely ICO are scam which is a negative think. I do think regulations is important to minimize the number of scam coins and to make the crypto space better and the investors will be protected by it. 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 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 ?
It is the main reason why the bitcoin are still in down fall. The demand of bitcoin is decreasing because some of the crypto users are switch to another cryptocurrency so the demand of bitcoin are falling. Also some of the investors invest in other crypto because I think they think that if they invest here on bitcoin did not work.
yeah right at the moment a lot of cryptocurrencies have in the world. i think some are fake. other need to be competition for there vaule. which services is good they can develope.
Well, I can’t disagree that there are a lot of cryptocurrencies on the market. A big selection is a good thing, but not each coin has real differences except for some minor features. On the other hand, several great projects have great chances. And in my opinion each new coin brings new possibilities.
Yes! There are many crypto cryptocurrencies available. As a result, sometimes I got confused about it. I can't qualify which is true or false.
Yes this is a short coming of the crypto market. It is very easy even for McDonalds to launch their McCoin without any hurdle. This resulted a messy situation in the market for the last few months. But this down market has done its job by eliminating the impotent coins from the market. Now, as we step towards the market recovery, we would have only the potential coins that would work and reign the market.
I think positive of applying some regulations to crypto. In my opinion, it can help with solving the problems with frauds and also make crypto more systematized.
The more new cryptocurrencies, the more competition in the market will ultimately require that every new cryptocurrencies be able to provide quality or advantages over others. For investors themselves and business people in this field, will provide many choices for those who ultimately demand them to be more selective in investing in cryptocurrencies.
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 along with the development of technology and advancement of course, the development of developing economic systems is also one example of the growing number of cryptocurrencies and of course they will compete to become the best in the future 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 think there is nothing to worry yet. Every currency has their own company for promoting and as well as team members. Everybody tried to developed their currencies in right way that people can know their company. They also have their own strong roadmap also. I think people will select right currency form huge currencies. So too many currencies are not burden in crypto industry.
The selection is great but the best one is BTC, then Ethereum follows it. according to the rating, then we have NEO, Ripple if I am not mistaken. To my mind, you should choose among the popular coins.
Many new ICOs that appeared recently offer a LOT of tokens. There are almost 2 thousand altcoins on the market. Yes, the choice is very big but some shitcoins will vanish.
yes you are right at this time there are lots of cryptocurrency in circulation and you must be able to use it all to be able to get profits and can grow assets that you have so that you can become rich from cryptocurrency.
I like the way Bittrex works. They delete the tokens if the team does not develop their product, or there is no MWP. It is necessary for other exchanges to take an example.
exchanger should do this way, so it could prevent investor trapped in die projects.this is best ways to prevent investor loss their money by choosing wrong projects.
There are so many currencies in the 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 the 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. The 21st century is the era of technology and cryptocurrency is one of the advancements of this century.
I like the way Bittrex works. They delete the tokens if the team does not develop their product, or there is no MWP. It is necessary for other exchanges to take an example.
The total number of altcoins and tokens ever created is somewhere around 5,000 to 10,000. The vast majority of these coins are no longer actively traded or mined. They are either defunct or dead. The number of active coins may be somewhere around 1,000 to 2,000.
Yes meaning you can start now choosing one or more crypto you like from those crypto you stated. It is not that bad to have so many choices and aside from that those crypto differ in each other according to their platform. The best thing is that those crypto especially the altcoins could be profitable depending on the project they had realize and implemented.
The market now is full of coins and is very crowded. Many coins has died and loss it's value which we can consider to be alarming. If this will continue many coins present it the market will surely die.
Well, you really raised most vital issues being faced by crypto world. I think major exchanges should allow fund raising option for newly coming ICOs after verification of team and the project. it will bring much trust and value back to crypto world. because every one will know that his investment is much secure.
Jump to: