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Topic: Useless altcoins must remove from the whole crypto market - page 13. (Read 7710 times)

sr. member
Activity: 2352
Merit: 245
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.
Centralized administrative management methods are not suitable for the cryptocurrency market. Everything here must obey the natural laws of a decentralized market. All useless projects and their tokens will leave this market after a certain time and there’s no need to invent anything else. This must occur subject to the laws of the market. Therefore, there is no need to rush in this matter.
jr. member
Activity: 407
Merit: 2
SmartFi - EARN, LEND & TRADE
this is a good solution to avoid coin fraudsters, I also feel furious to see lots of useless altcoin and no further development. but is not a coin that is no longer in development or has been left by the developer, gradually disappearing by itself?
legendary
Activity: 1890
Merit: 1148
I agree on this. But it's difficult to make it real, you must convince all exchange to delist that dead token which unlikely will happen (remember there are still DEX which will listed them)
All of exchange sites want to make money, that's why they keep listing a token even though the volume is small
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
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.
we cannot know what are useless alts and we do not have the right to remove it.
Like Realtract (RET), it appeared in October 2018, but due to the bad market, it could not grow. then 1 year, its value has seemed x10.
Therefore, we cannot evaluate any alts or tokens. Let them survive and help the community.
sr. member
Activity: 661
Merit: 251
I am actually of the opinion that coinmarketcap should put more effort into scrutinising coins and tokens listed there in. The criteria of the platform listing in two cmc supported exchanges and maintaining a reasonable trade volume if not enough, a working product should be a criterion too
fvb
member
Activity: 1470
Merit: 13
There are a lot of such tokens on my wallet, I think to create a wallet and send them there, but it's a pity to pay for transactions.  They are really useless and have already died.
member
Activity: 476
Merit: 12
I got your point. They must remove the useless coin to avoid confusion where to invest amd hold. Specially from newbies. It is better the remove it to avoid loss specially to the newbies that already start to study and explore about crypto world. But the negative on this is there is possibility that we will missed a chance to rise a good coin to develop and the key to change the world.
member
Activity: 588
Merit: 11
Exchanges remove useless coins from the listing from time to time. Perhaps they should do this more often and more strictly choose coins for listing. Although the exchanges themselves are different...
member
Activity: 630
Merit: 13
agree with this one, because junk coin make crypto market look bad in the eye of investor and trader.
full member
Activity: 798
Merit: 103
You can't know which altcoin is going to be useful or not. Currently all cryptocurrencies are used only for speculations. That's why there is pump and dump scheme. You can't do anything against that. Bitcoin is also used as a pump and dump coin. If not, it would have been more stable.
legendary
Activity: 1904
Merit: 1277
Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.

It would be nice if all coins were good coins, however I think the useless ones should be allowed to fail naturally. I really don't like the idea of coins being refused the right to exist just because someone decides it's no good.
member
Activity: 406
Merit: 10
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.
altcoin should be like that is not useful to throw away, but all decisions depend on the relevant exchange.  maybe the crypto community must press exhange to delete alt that doesn't have a small volume
jr. member
Activity: 238
Merit: 3
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.

I do agree with you, some shitcoins were just created for P&D purpose, newbies who just joined crypto will get REKT easily and this may stop new capital inflows
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
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.
I think market will have their own reason when want to delist tokens or coins from their market. Of course they wouldn't do it because people ask it or maybe only because small thing. They sometimes look for listing fee and they will protect coin that already listed on them.
full member
Activity: 714
Merit: 104
Its not easy, cryptocurrency is open for everyone, everybody can launch their own blockchain or smart contract on eth and other platforms.
I am also will be happy dont see scam nomore
full member
Activity: 1176
Merit: 104
What will be the confusion then? Do you mean if they will have the same ticker? Even though they are new of course, they will do their owno research and of course someone give a heads up to them. Regarding the dead token or coin I would agree with the others as long as there are no volume there should be no problem.
jr. member
Activity: 448
Merit: 2
No need to bother about them or remove them from the market. They are expected to eventually die off and make way for real projects to occupy the market.  This period,  I don't think that the undervalued tokens /coin will make any good moves again
full member
Activity: 1260
Merit: 100
Well, the altcoin exist in cryptocurrency must have function so the coin will keep have healthy volume in circulation.
Some altcoins are slow to developing their project, they looks like a dead coin, but actually they still developing, at least that is what they said.
If the devs doesn't have a nice planning and funds before creating coin, they will find difficulties to sell the coin.
member
Activity: 398
Merit: 10
Altcoins were too easy to create. But not all of them survive. There are thousands thousands of altcoin was created, and now, just few of them could make it to the exchanges. But I Don't think they are all waste of resources. Cause the market need competitions to evolve
member
Activity: 574
Merit: 24
its better to ignore shitcoins and not invest in them at all,it would have been better if coinmarketcap can delist some useless tokens and coins on their platform but since they met CMC requirement we cant stop CMC from listing this shitcoins
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