Nope.
this goes completely against what blockchain is for: open source and decentralized.
It is a technology that anyone can take and use.
So the existence of all of these coins is exactly what crypto is all about.
If you only care about price and money, then you are really missing out.
Also, it is highly debatable if getting rid of these coins would actually benefit the market.
It's not like new investors are looking to invest in almost zero value coins from a year to three years ago.
Most people lose money from risky, unwise choices on newer projects, which is really just the investors fault.
Topic: Useless altcoins must remove from the whole crypto market - page 12. (Read 7716 times)
If we want to remove them from existence then we have to stop buying them the moment we figured out they are worthless to invest. Sometimes, there are still people who invest in those kinds of coins yet it is too obvious that they are worthless. I do not know why. Maybe it is good to have a crypto community wherein they will look out for shitless coins and will put a notice to the people to be aware of.
They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.
So don't trade shit! I have long decided for myself that I will only trade coins from the top list. This will save me from the risk of losing money due to the fact that they quickly turn into shitcoins.
Don`t invest in alt-coins that are marked as shit-alt-coins in the first place, nothing good can comes from that. This alt-coins are used by manipulators, leaders of pump&dump
groups. They use this shit-alt-coins for scamming people who are new in crypto-world.
Investing and trading with Top-coins minimize the risks. Even if you miss good opportunity for selling and making profit, saving it for future and waiting for price rise is one of
the options, Top-coins always recover their price in the long-run.
There are presently a lot of worthless altcoins that are still available in the crypto market. Particularly Coinmarketcap should evacuate these craps right away. It is unreasonable that coinmarketcap continues posting these worthless altcoins even after their failure. I think coinmarketcap should form a habit of delisting coins that dump beyond repair immediately.
how to distinguish which shit alt or not, the market will decide by it self if the coin is shit or not
the easy way is just look at the volume at market at the shit coin listed, we just need to ignore them and they will disappear by their own
the easy way is just look at the volume at market at the shit coin listed, we just need to ignore them and they will disappear by their own
if tokens don't get a boost from the team, they will disappear over time. because tokens or coins that are difficult to develop naturally will become dead coins and no one wants to invest with them. but it is true that in 2018 many projects that gave birth to tokens or shitcoin.
For me, I see campaign on removing dead tokens from the market as medicine after death really, because the people that were hurt most are not the people that would invest after the ICO or after they have entered exchange, but the people that have already invested during their ICO, they are the real victims of these ICOs, and if we are trying to protect any group from scam, it should be this group of people. That is why we must all make a collective effort to ensure that we don’t promote any project that is bad for them to even get to exchange or market to continue to scam people. We have to make lots of research of them and try so much to take them out before they get registered; it is something that we can do if we take greed and desperation out of our way.
I agreed with what the OP said about the removal of useless altcoin from the whole crypto market but I don't think is a need for us to waste our useful time on such actions because useless coin will always be a garbage coin and sooner or later they will be thrown into the trash can. However, what we need to do is to make newbies understand how to spot out useless altcoins.
I am a beginner and would very much like to competently determine which projects are really worthwhile, and which are just garbage. I do not want to waste my time on useless projects.They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.
It is necessary to bypass unused coins. They are not so difficult to calculate because it is visible. Many people rush into the trade of unused coins to earn more money, but at the same time fall into the clutches of scammers.
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
I agreed with what the OP said about the removal of useless altcoin from the whole crypto market but I don't think is a need for us to waste our useful time on such actions because useless coin will always be a garbage coin and sooner or later they will be thrown into the trash can. However, what we need to do is to make newbies understand how to spot out useless altcoins.
For sure there are many worthless coin out there that needs total removal from the digital world. They were just created to scam others and after listing them in some low rated exchanges you never hear from them again.
sounds good and it should be like this so that other projects can show their potential and in my opinion, there are thousands of "useless" projects, but the problem of deleting is rather difficult to implement because it all depends on the exchange that offers altcoin earlier.
The exodus of these mentioned currencies/projects would definitely be beneficial for the crypto market, but I believe this wont happen for another couple of years as there is still too much "stupid" money on the market.
If the coin was traded on the exchange and had sufficient volumes, it can not be called shitcoin. Shitcoins are coins that have never been on exchanges have no value and most likely will not do so.
I believe you that the market need to be clean up, but don't forget that this market is highly unregulated as no one is answering to any central authority. So must times we advise traders to do a proper research before investing in any coin. Just because a coins is listed in an exchange doesn't mean it's healthy.
I often observe that most developers no longer care about their road maps, there is no point if a project has a good product or function but doesn't have many users and that is just bullshit. investors also will not survive with tokens like that., Shitcoin is born from various projects and tokens will die if there are no users at all. they will become spam in your wallet
This question is very tricky. My thoughts regarding the delisting of shitcoins are next: ask CEO if the project is still active, check the github activity, check the trading volumes of the exchanges. This should be enough to make a decision.
That is not possible, as long as the coin has trading volume in an exchange, it will remain in the market.
Further, the judgement of every investors are different, some would consider a certain coin a shit coin but some would consider it as a gem because the price is currently cheap or undervalued.
Further, the judgement of every investors are different, some would consider a certain coin a shit coin but some would consider it as a gem because the price is currently cheap or undervalued.
if tokens don't get a boost from the team, they will disappear over time. because tokens or coins that are difficult to develop naturally will become dead coins and no one wants to invest with them. but it is true that in 2018 many projects that gave birth to tokens or shitcoin.
That's true and it's just the matter of time. Crypto is about a competition for the platform that was giving a fully working product and it will be alive. But it's also important to delist the shitcoin to help the newcomers from those shitty coins. Useless coin must be removed from the market and i hope that will be happene when there was a rule for exchange site to delist it when it was become shitty coin. 
Come on, you want to have a world controlled by yourself or you want people to baby sit you in crypto trading?
I do agree states should stamp out scams all day to protect poor people,,, but if you are crypto trading and you believe in the false numbers of altcoins,,, you only have yourself to blame. Let it be there to display how mighty Bitcoin is!
I do agree states should stamp out scams all day to protect poor people,,, but if you are crypto trading and you believe in the false numbers of altcoins,,, you only have yourself to blame. Let it be there to display how mighty Bitcoin is!
if tokens don't get a boost from the team, they will disappear over time. because tokens or coins that are difficult to develop naturally will become dead coins and no one wants to invest with them. but it is true that in 2018 many projects that gave birth to tokens or shitcoin.
Jump to: