too much crypto coin market - page 5.

cutiemolit

newbie

Activity: 179

Merit: 0

Quote from: semobo on June 01, 2018, 04:42:46 AM

Quote from: Mic85saint on June 01, 2018, 12:11:44 AM

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

We don't have to do anything with those coins then it will be fade away if they don't have any value so all we have to do is invest only on the potential coins and avoid shitcoins which was created only for the purpose of bump and dump.

I really agree that we only need to support those potential coins in the market. The tighter the competition in the market brings confusion to which coin to choose from. And besides newly rise coins makes the competition tighter. Making those investors might pick the wrong or scam coins.

michael shikany

member

Activity: 196

Merit: 10

The Experience Layer of the Decentralized Internet

Yes, a lot of altcoin is actually in a state of death at present, and these tokens have neither liquidity nor any value.
When they lose the value of hype, they are worthless.

semobo

full member

Activity: 1498

Merit: 146

Quote from: Mic85saint on June 01, 2018, 12:11:44 AM

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

We don't have to do anything with those coins then it will be fade away if they don't have any value so all we have to do is invest only on the potential coins and avoid shitcoins which was created only for the purpose of bump and dump.

jamesdean35

member

Activity: 336

Merit: 10

in fact the reason for this is obvious. the increase in the currency volume of the digital currency stock market has begun to attract more people. so new projects and new coins entered the market.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Mic85saint on June 01, 2018, 12:11:44 AM

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

If those coins are useless and scam, they'll die later on.

Check those scam and dead coins. Dead Coins - A complete List of ICO Exit scams & Extinct coins

elemosho.crypto

newbie

Activity: 112

Merit: 0

Yes Absolutely right. In current time, so many traders are entering into market with little knowledge. And scammers are taking advantage of this. So I also want the the scam coins should be removed from the market to save its future and the the future of traders as well.

Meraki

full member

Activity: 448

Merit: 110

Quote from: Mic85saint on June 01, 2018, 12:11:44 AM

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Yup this should be done. However there are still people who wants to play fire with scam coin. Also there are coins who don't have any volume in the market. I think CMC should just clean their market list right now.

boyshx

sr. member

Activity: 574

Merit: 251

Quote from: Mic85saint on June 01, 2018, 12:11:44 AM

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Actually this cleaning up is followed on the CMC that is coin market cap website. If you observe then there are few days which are allowed for each coin to get listed on the CMC. If they found that the altcoin is not receiving any kind of volume, the market is dead or the volume itself is dead then CMC will take strict action and will remove them immediately from the panel. So they are already following the cleaning up procedure these days.

I have seen CMC removing more than 100 coins in single day. I think last month only when CMC reached 1600 count of coins then they removed almost 100 of them as they were scams, dead coins. Now the count is back to 1600 which tells us that so many coins are coming every other day.

VitKoyn

full member

Activity: 490

Merit: 106

Quote from: Mic85saint on June 01, 2018, 12:11:44 AM

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Then who will filter and clear all those shitcoins from the market if it is an open market and unregulated? Anyone can freely develop their own cryptocurrency and sell it to people. So for me, it is for people to know or discover if it is a scam or a coin that should be worth nothing. And if you know that a specific cryptocurrency is useless then the only solution to this is to ignore it, and in the first place why would you invest on a shitcoin that don't have enough demand from crypto investors. Some exchanges also don't just list cryptocurrencies there's a process of listing it, and that includes the demand, if there is not enough attention from investors then there's a very low chance that it will be listed. But at the end, it is still on you. If you made your research right then you will probably won't end up investing on a shitcoin.

lihongjing

member

Activity: 434

Merit: 10

But now there is no legal institution in the encryption market that can regulate it! Now every place in the world has different views on the token market. I think that to clean up these deceptive tokens completely needs everyone to resist!

Mic85saint

newbie

Activity: 60

Merit: 0

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Topic: too much crypto coin market - page 5. (Read 546 times)