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Topic: Space for so many coins ? (Read 160 times)

newbie
Activity: 158
Merit: 0
May 14, 2018, 07:02:20 AM
#41
of course because for now the current project is not just coin or tokens only, the trading market for cryptocurency is also a lot. and not all coins and tokens are in the same market. so it will always run and there will always be room as long as the community survives.
member
Activity: 336
Merit: 15
May 14, 2018, 06:36:54 AM
#40
I think there is always space for new coins if they can bring real usability and innovations to the market.
member
Activity: 406
Merit: 10
May 14, 2018, 06:33:21 AM
#39
Too much garbage on internet and no restrictions. Here it is always so and with everything The number of coins will increase and percentage of shitcoins also will increase. We ourselves need to filter it all
member
Activity: 532
Merit: 10
May 14, 2018, 06:20:54 AM
#38
There will still be many cryptos that started popping up. However, certainly only the best and potentially will survive and be sought after by investors. Even so sure this still will continue to occur because the field is very promising. This certainly will make competition in crypto are becoming more stringent.
hero member
Activity: 3080
Merit: 603
May 14, 2018, 06:13:35 AM
#37
do you think there is still space for more coins?
If those coins does have the real usage of the company that will conduct it's own ico then there's still space left for them.

But if these coins are just doing an ICO for the sake of collecting money and as usual taking the money out of the market, they will be done very soon. I have read someone said that these type of ICO's has an end and it's near from this moment.
sr. member
Activity: 895
Merit: 250
May 14, 2018, 06:06:56 AM
#36
Even with the inflation in the crypto market, there are lots of spaces for as many projects that you can think about. A company can decide to present its project anytime but the success of the project depends solely on the company. If they really have good ideas, they should be able to brand the project well and get good management team to manage their project in order to attract intending investor and they should be consistent and distribute reward appropriately and as at when due.
full member
Activity: 602
Merit: 101
http://scientificcoin.com/
May 14, 2018, 06:06:32 AM
#35
As long as you can find investors ... why not?  Grin
By the way, many of new coins are actually a sort of securities: basically, nothing to do with a currency. So their number can grow a lot more but, then or before, they will have to show a usecase/profit
full member
Activity: 574
Merit: 104
May 14, 2018, 06:02:03 AM
#34
Now all small village want to have own cryptocurrency. And I hope when every homeless will have it then people understand for what crypto and which from all must be alive  Grin
newbie
Activity: 140
Merit: 0
May 14, 2018, 06:01:35 AM
#33
I really believe that crypto market still have a wide space of any coins that comes and introduce in the market, however we cannot assure that all crypto coin that being newly introduce in the market will become successful, some crypto coin remain silence like a garbage coin because of the low percentage of adaptation.
full member
Activity: 448
Merit: 100
May 14, 2018, 05:57:26 AM
#32
There is a space for every coin, but that space now hosts much more coins than it supposed to have because of scam, useless projects in the space that are created only for ico money.
legendary
Activity: 3500
Merit: 2246
🌀 Cosmic Casino
May 14, 2018, 05:43:12 AM
#31
I think the market is still in it's infancy and a lot of people have not heard of crypto currencies yet not to mention investing in them. So, definitely there is a lot of space left.

I agree with this. Many people probably had a chance to hear about crypto but they forget about it immediately because there are other things they are interested in. It will take some time for general public to start taking crypto seriously, but surely it will happen sooner or later. Hopefully, crypto market will get rid of most scamming projects by that time due to upcoming regulations.
newbie
Activity: 252
Merit: 0
May 13, 2018, 06:52:33 AM
#30
The crypto market is kind of inflated already, or do you think there is still space for more coins?
is still a lot because the market is not limited if there is a coin popping up and entering the market means that the coin is in great demand by various people from different countries even if you know some countries there are indeed making their own coins for the trade.
member
Activity: 420
Merit: 10
May 13, 2018, 04:18:52 AM
#29
The number of projects will grow, and hence the number of coins will increase. I believe that many coins do not have a place on the crypto-exchange markets.

But the more coins, the better
member
Activity: 406
Merit: 10
https://www.bitc2.org/
May 13, 2018, 04:16:06 AM
#28

There is a place for everyone, but not all of them can compete, here is another question! Now there are a lot of interesting projects, I think some of them will compete for the top 10
member
Activity: 142
Merit: 10
May 13, 2018, 04:09:24 AM
#27
I think myetherwallet is great for storing altcoin even in large quantities and if you feel less secure according to my suggestion you better hold on a very gated exchange. then if you already feel good with the value you want then do what you want to do.
newbie
Activity: 67
Merit: 0
May 13, 2018, 03:52:45 AM
#26
If you are going on crypto field in long time,Crypto market is always open right projects are runs successfully in short time but many scam projects also enter into the market.
full member
Activity: 686
Merit: 125
May 13, 2018, 03:49:41 AM
#25
Well there is still more room for other crypto because there different exchanges lately that cater this crypto. As we all know aside from those known crypto exchange there are some new exchanges now offering to trade crypto to crypto or even directly to fiat money. Yes and there are ICO also that offers exchange for crypto so i guess there are many rooms for crypto because of these exchanger that will cater on this problem or regarding with the so many coins being introduce by ICO's.
member
Activity: 238
Merit: 10
May 13, 2018, 03:44:41 AM
#24
I think there is plenty of space. Will they all survive? No. But I think they all have every right to exist and to compete for the public's attention and investment.
The digital money market is getting more and more coins. Sometimes the quantity is not proportional to the quality. Coins have the right to appear and join the competition in an exciting cryptographic market to find a potential coin that can be used to pay for all human needs in the quickest, easiest way possible. Easy, safe, economical worldwide. The coin must also be a valuable asset. There are more fighters, the winner is the best and glorious!
full member
Activity: 378
Merit: 114
May 13, 2018, 03:36:54 AM
#23
I think that not the whole niche is full and the place is still plenty. Another question is that natural selection has not been canceled. I mean that not everyone can stay in this market, and while it's still developing, new projects will appear on the mistakes of others.
member
Activity: 265
Merit: 11
May 13, 2018, 03:30:23 AM
#22
Surely.

I'd say those coins will survive, which has better uses.

For example, there are coins which wish to be the next generation platforms for ICOs - NEO, EOS, ETH with Casper implemented, etc. There are plenty, and only the biggest ones will survive. And I personally believe there will be multiple ones for this role, just az of now. For example, ETH and NEO based ICOs. Both have their advantages and disadvantages, even if you only take their approach for an ICO into account. NEO is more exclusive, while ETH is free and more democratic. I can see both of them in the future, with NEO based being the safer investment form.

For transactions, speed is a key factor. Plenty of coins try to be the next big one, with high numbers of transactions in a block, and low block times resulting extreme tx/s numbers, while retaining the factor to be at a low cost.

The competition is intense, and with more and more companies getting into the world of crypto, there will be even more coins. And it still have plenty of room to grow.
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