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Topic: Useless altcoins must remove from the whole crypto market - page 2. (Read 7690 times)

sr. member
Activity: 1862
Merit: 295
GOD is TRUE
Hello. At the moment, there is no legal regulation of cryptocurrencies. Therefore, there are many cryptocurrencies that have no value. There are also many blockchain projects that cheat. Each investor must independently analyze the cryptocurrency that he buys. When there will be regulation at the legislative level, the only cryptocurrency with good technology will remain. I think it’s difficult now to remove useless cryptocurrency from the crypto market. Be careful when investing in cryptocurrency. Good luck to all!
Exchange regulations have evolved but only for user data, and not for traded coins. the problem here is that many cexs still trade this coin because they only prioritize trading volumes as filters. I think the reputation stamp should be imposed on their smart-contracts, so there is a red notification when their contract address is checked by users and exchanges, especially coins that are clearly scam, etc.
hero member
Activity: 1106
Merit: 502
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 agree that altcoin is useless and has a small transaction volume in delist from the market. Many projects that are already inactive but still exist in exchangers do not even have transaction volumes and I think if deleted, will make the cryptocurrency market healthy and provide real data about market cap value

in fact, they will be eliminated themselves if their project does not develop anymore and the volume is getting smaller, can be seen several examples of big markets, quite a lot of coins are delisted.
so all of that will automatically be eliminated with the concomitant decline in trust in altcoins aka shitcoin.
sr. member
Activity: 1428
Merit: 251
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 agree that altcoin is useless and has a small transaction volume in delist from the market. Many projects that are already inactive but still exist in exchangers do not even have transaction volumes and I think if deleted, will make the cryptocurrency market healthy and provide real data about market cap value
member
Activity: 343
Merit: 11
Rangers.Protocol
This I think is true because if the junk altcoins are no longer working, they should be removed.
copper member
Activity: 280
Merit: 5
Removing useless Altcoin would be the greatest and best option for market recovery, investors are scared of investing and no more trust in crypto as it stands so removing useless altcoins will be so amazing.
member
Activity: 434
Merit: 19
Do not bother paying attention to useless tokens, they always end up dead sooner or later, once they get delisted from exchanges its the end for them, just protect yourself from falling victim to these projects
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
I think it is okay, crypto is free, so people can create as much coins as the want to, maybe some people dont think that their coins is useless, so its fair that we have DOGE coin for example, because somebody just create it and its cool Cool

Not because it's free, people will just abuse it, and just create because they like to have one, all coins should have a products and services associated with it, it's usage that creates support for a coin, without usage your coin will end up as a shitcoin and there's also a risk that newbies might fall into this one, and their money will end up as wasted.
member
Activity: 756
Merit: 13
Hello. At the moment, there is no legal regulation of cryptocurrencies. Therefore, there are many cryptocurrencies that have no value. There are also many blockchain projects that cheat. Each investor must independently analyze the cryptocurrency that he buys. When there will be regulation at the legislative level, the only cryptocurrency with good technology will remain. I think it’s difficult now to remove useless cryptocurrency from the crypto market. Be careful when investing in cryptocurrency. Good luck to all!
copper member
Activity: 812
Merit: 6
I think it is okay, crypto is free, so people can create as much coins as the want to, maybe some people dont think that their coins is useless, so its fair that we have DOGE coin for example, because somebody just create it and its cool Cool
sr. member
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
This is the main reason we need regulation within the crypto space.  We have many scam project that uses the leverage of the decentralized and free nature of crypto to perpetuate scam and Rob investors of their funds. They establish this scam with fake large telegram  groups, fake team members and fake hype.  That is why it is advisable to always do research in depth before investing as an investor, check to see if the team information are verifiable on LinkedIn and from other crypto verified and reliable rating sites
sr. member
Activity: 630
Merit: 265
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.
You are correct.I value your opinion. Due to the poor quality project many people and organizations are losing their capital. Because of that, a bad idea is being made towards the market. In the minds of ordinary people.
Useless Altcoins or "shitcoins" must be really remove in the market because it doesn't have any good value at all, that is why holding this kind of coin in a long term is useless because you won't get any good profit from it that you are waiting for nothing. So if you are holding shitcoin in your wallet, I think you should better move it in an altcoin that is profitable for you not to waste any time and money.
copper member
Activity: 1120
Merit: 2
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.
You are correct.I value your opinion. Due to the poor quality project many people and organizations are losing their capital. Because of that, a bad idea is being made towards the market. In the minds of ordinary people.
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
Obviously, a bitcoin thing is more real and working than some altcoins.
But the market itself, now, is a field of speculative and unstable, a field of short-term earnings and highs.
You are right, but unfortunately almost the entire crypto market is built on speculations, its unstable and hard to predict. Even current speculations with bitcoin, its often built on hype. My opinion.

That's really a matter of how you will be able to predict the next movements, there's no certain information and same with what you have said it's about speculations and different opinions where only risky  investors will take the position to invest in. Many new and old projects are circulating around without any real purpose, if they can be trace and remove from this market then investors can easily pick the project to support and wait for the opportunities.
this is already happening. those projects that do not represent anything are already losing investors and losing interest from users, they will gradually die and leave this market.
sr. member
Activity: 1974
Merit: 453
I agree with you. I was once a victim also of transferring altcoins with the same code and thinking that it was the coin that I have and sent it to the exchange only to realize it was a different coin. What a waste by losing the coin that way. This confusion is indeed bad for crypto.

In this case, this is entirely your fault and you can't really blame the shitcoins. The "Contract" hash will be unique for each of the tokens, even if the names are similar. In your case, you sent the tokens using the wrong contract code and that's why you lost them. How you are going to blame the project for that? Anyway, I hope you learnt your lesson. Please be careful in the future.
hero member
Activity: 2128
Merit: 520
Obviously, a bitcoin thing is more real and working than some altcoins.
But the market itself, now, is a field of speculative and unstable, a field of short-term earnings and highs.
You are right, but unfortunately almost the entire crypto market is built on speculations, its unstable and hard to predict. Even current speculations with bitcoin, its often built on hype. My opinion.

That's really a matter of how you will be able to predict the next movements, there's no certain information and same with what you have said it's about speculations and different opinions where only risky  investors will take the position to invest in. Many new and old projects are circulating around without any real purpose, if they can be trace and remove from this market then investors can easily pick the project to support and wait for the opportunities.
full member
Activity: 854
Merit: 101
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 agree with you. I was once a victim also of transferring altcoins with the same code and thinking that it was the coin that I have and sent it to the exchange only to realize it was a different coin. What a waste by losing the coin that way. This confusion is indeed bad for crypto.
sr. member
Activity: 1610
Merit: 372
Obviously, a bitcoin thing is more real and working than some altcoins.
But the market itself, now, is a field of speculative and unstable, a field of short-term earnings and highs.
You are right, but unfortunately almost the entire crypto market is built on speculations, its unstable and hard to predict. Even current speculations with bitcoin, its often built on hype. My opinion.
sr. member
Activity: 1974
Merit: 453
If a particular altcoin is not good enough, then in due course of time it will be having declining trade volumes and in the end it will get delisted from most of the exchanges. That is the natural course. On the other hand, if we ask the exchanges to delist such coins, then it will go against the decentralized nature of the cryptocurrency market. Let the market decide the future of such tokens/coins.   
full member
Activity: 1582
Merit: 101
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.

Correct. I also think so. There are too many alt tokens in market that some investors bought it and there has no future planning. As a result investors get bad impression about crypto market. I think bad alt coins mush be abolish from market but problem is who control it ever  !!!!!
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
altcoin whose value is less than $ 0.000001 should indeed be removed from the market. besides they make the market into many coins, their presence there is also in very difficult conditions. their value will only be stuck there, and will tend to fall even further. than that it continues, it's better to just disappear, or make a new development under the name of a new coin or with the same name but with a new idea to make its value better in the market.
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