Too manu alts? | Bitcointalksearch.org

Grifosha

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Quote from: aghedo1 on August 29, 2018, 12:17:09 PM

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

From this diversity the real price is not more than 50 coins. And the potential for development have even less. Watch carefully. Among these Alts a lot of scams.

Octc76

newbie

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Quote from: aghedo1 on August 29, 2018, 12:17:09 PM

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

I don't think so, because many of the altcoins currently have their own advantages and of course this improves the performance of the previous altcoin to make it even better. that way, many altcoins are created.

Zheko87

newbie

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I think 99% coins that out of top20 cmc are just a bubble. Now we have young market. I think 5 years later we will have 30-50 coins.

dillonplayadoe

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Quote from: aghedo1 on August 29, 2018, 12:17:09 PM

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

Let the free market decide how many alt coins there should be. Eventually these things work out as long as governments and big corporate banks step aside.

Now with the SEC getting into the act god only knows how corrupt and out of control this will become. Be ready to be nimble in the upcoming year. Things are drastically changing and the big boys are coming in to take control. Millions will be made and lost in the process.

anglosaxon

newbie

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Quote from: aghedo1 on August 29, 2018, 12:17:09 PM

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

In my way of thinking, the number of the new altcoins on the markets are increasing extremely. I think it is impossible that all of this coins can have the necessary demand on the market. I think every coin should be more unique and innovative to stay strong.

pambud

full member

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I will say yes there are many Altcoin , but most of them not survive three or four years they delisted from exchanges , and some failed project probably many of them are scam .

the1arty

sr. member

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Quote from: aghedo1 on August 29, 2018, 12:17:09 PM

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

Then the question is, 1000 alts is too little alts? Can you imagine how many companies exist in the world? There are 45508 companies listed on the stock exchanges around the world alone. Thus, if every company will make own token, then we will have that much of alts. I doubt that we can say we have too many alts, surely we do not have that great liquidity for most of them and that is the issue.

Disculinair

newbie

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There is definitely too much altcoins at the moment, but the problem isn't that, the problem is that most of them are just coins that don't even offer an innovative idea.

Krezi777

newbie

Activity: 140

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Too much in the crypt coins. There is bitkoyn. He stands apart from the rest of the alcove and he is therefore more gifted than everyone else. Neither does the etherium depart from bitkoyna because other tokens are attached to the ether, and all other alcas are independent of the above crypts. Their price can be different.

Denlv

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Yes we have that problem with to many alts this thing going under control,and confusing lot of peoples...but this happens becose we dont have ico regulations realy need to delete many dead alts and copy paste..

DonnieMitchel

jr. member

Activity: 194

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true that. but its all on us on which one to choose.
There are worst altcoins and there are also the super awesome ones.

ZainSpider

full member

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The market is actually rapidly growing now a days. One year ago we had less than 1000 coins in CMC, but now its almost doubled and way more which haven't been reached to CMC yet.

Eigig

newbie

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That is reality about this cryptocurrency world, because crypto is very popular now ,there are many who would like also to establish their tokens in the market, so they launched an ICO project to introduced their tokens ,and luckily be successful then it will be registered in the trading sites and coin market cap and then it will become another altcoins ,so it will add more and more coins ,that is why there are many alts.

funchiestz

sr. member

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The number of Altcoins is very much today, but it will increase even more in the future. Many will disappear in a next bear season.

alp

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Quote from: aghedo1 on August 29, 2018, 12:17:09 PM

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

Whoa!!!! for 2 months there were 500 altcoins. That's a lot. I believe most of these coins are useless and this is a coin dump.

stiffbud

hero member

Activity: 980

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Cryptocurrency are the upcoming currency. Their popularity increases everyday day. Their profitable criteria and advantages attract many people to use it. Like bitcoin is altcoins are also profitable and popular. Litecoin is mainly popular for its online money transaction facility which provides better block size and fast transaction experience. Ethereum is also an profitable cryptocurrency help in the case of investment. And like those some other Altcoin like ripple dogecoin are also good.

adefirman98

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with the development of blockchain technology, and the various features that the coin offers, I think this is only natural, and may continue to grow later,

ambeo

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Quote from: aghedo1 on August 29, 2018, 12:17:09 PM

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

looks like it. if they were as much success as they are in quantity, it would be amazing. and still it is a great variety of choice, for each taste

ekechie

newbie

Activity: 168

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I don't really think so, the whole 1k plus coins are not listed on the one exchange? they are listed on different exchanges, you can't find an exchange that will list the whole coins in the market?

dollarneed

hero member

Activity: 742

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Sometimes it's very confusing, there are lots of coins out there, but if you can see each coin has different functions and features. for example as a smart contract, payment method, storage purpose etc. but what I'm concerned about is that there are too many duplicate coins, where the difference between the original and the duplicate is just a little. Anyway there is a typo in the title you should edit it asap.

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