Topic: Useless altcoins must remove from the whole crypto market - page 7. (Read 7710 times)
Of course it doesn't make sense to say all the subcoins are dead. Because there are systems that really work. But how much value do they add to our lives? I mean, how useful are they?
We are not sure that all of them are dead, because as far as know some projects just paused trading activity and watching the market closely. Maybe most of them are dead but some are focusing on development and creating products but probably volume will resurrect once the market is fine.
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 strongly agree with this idea. Useless altcoins take up unnecessary space in the market and cause the pie to be divided into more slices during the bull season. Moreover, most of these atlcoins are scam and shit coins, that's why people lose confidence in this market. But is there any power to erase such atlcoins from this market? I don't know. I think the only way this can happen is that stock exchanges do not list these coins.
if we talk about scam projects, I think if this happens it will be great. I think everyone will be happy if there is no scam on the crypto market.
This is just a dream. Scammers will always be present in any area of our lives and we will not be able to get rid of them. the only thing we can do is improve our knowledge and not become its victims All coins that have no trading volume will be wipe off from exchanges in time, this is another way of dealing with useless tokens and coins, another one is not meeting good exchanges requirements so its better not to invest in projects that are not listed on very good exchanges
I had happened, coin with very less volume in the market are delisted in the exchanges and coinmarketcap as well I think was delisting pages of thees tokens when they are not in the market. This is how far we can prevent them from coming back, but these projects however are somehow doing some come back when finally they get a break.
All coins that have no trading volume will be wipe off from exchanges in time, this is another way of dealing with useless tokens and coins, another one is not meeting good exchanges requirements so its better not to invest in projects that are not listed on very good exchanges
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.
There are lots of people who get involved on such useless altcoins since most of the people here are always after high profits. They experience high profits or hypes at the beginning of those altcoins and after just a few months, the project or the altcoin will be left alone and will go down to rock bottom but will still have the capability to stay on the market. This ends up to having investors mislead and to be confused if the such altcoins are good or fit for investment when it's not. 
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.
The developers can no longer take that decision. There is no concept of a "buyback" with cryptocurrency. Even if there was such a concept, I don't think that the developers would be willing to reimburse the investors. A more profitable method for them to do is to vanish with all the money, allowing the coin to die a slow death. If there is no further development, then the coin will eventually die. This is going to be bad for those who trusted the team and invested their heard earned money in to these projects, but you can find several such occurrences in the cryptocurrency market. The best thing for us to do, is to refrain from investing in shitcoins.
Nowadays the developers have known such a thing and therefore we rarely see any project that uses the buy back method again after the ICO phase ended. It seems that they are just let the market decides the price for their token and let people provide their own liquidation.
if we talk about scam projects, I think if this happens it will be great. I think everyone will be happy if there is no scam on the crypto market.
There are exchanges that delisting coins that has no enough value and having no more traders. It is being monitored by many exchanges. But somehow there are still useless coins that still in the exchanges . Many altcoins are being created by many people creating fake campaigns to gather peoples money, because creating coin is easy and creating its volume is easy too.
Even without the effort of eliminating all these called "useless coin" the market is already not forgiving to all these kind of coin by making them lacking the volume because no one wants to own it and forcefully gets listed from an exchange while some stuck in decentralized exchange without any volume left.
Trying to remove these useless altcoins will definitely take up a lot of effort since there's a freedom for people to create as much coin as they can while resulting nothing. All the effort better to be put into prevention of scam project or that short of thing rather than trying to remove something that will naturally remove itself due to being lacky.
On the exchange, it is clear that coins that do not have a trading volume are not wanted to be maintained on the exchange. In some exchanges, coins that do not have such a volume will be deleted from the list so that the exchange always looks good. Now quite a lot of projects that fail to be developed and make many people lose investment in their products. Trying to remove these useless altcoins will definitely take up a lot of effort since there's a freedom for people to create as much coin as they can while resulting nothing. All the effort better to be put into prevention of scam project or that short of thing rather than trying to remove something that will naturally remove itself due to being lacky.
I understand your proposal, but how would one manage to remove such projects?
You can't really ban or take them down and prohibition takes a while to be applied.
I do not think the meaning of freedom is limited, freedom is complete for everyone. So even if such created coins are useless, the person who created it does as it wishes. I am also against the existence of such useless ones but this is my personal opinion and it will remain so. Perhaps if there are future regulations, it may be possible to intervene from the outside and if so, "freedom will be limited".You can't really ban or take them down and prohibition takes a while to be applied.
Trying to remove these useless altcoins will definitely take up a lot of effort since there's a freedom for people to create as much coin as they can while resulting nothing. All the effort better to be put into prevention of scam project or that short of thing rather than trying to remove something that will naturally remove itself due to being lacky.
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.
Sometimes, I wondered there are lot of coins listed in the exchange that has no volume but they still remained in the list of the
platform. So, I was thinking that probably, they still meet the weekly quota in the exchange because at anytime soon they will pump
and dump their coins, only thinks is we don't know when?
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.
The developers can no longer take that decision. There is no concept of a "buyback" with cryptocurrency. Even if there was such a concept, I don't think that the developers would be willing to reimburse the investors. A more profitable method for them to do is to vanish with all the money, allowing the coin to die a slow death. If there is no further development, then the coin will eventually die. This is going to be bad for those who trusted the team and invested their heard earned money in to these projects, but you can find several such occurrences in the cryptocurrency market. The best thing for us to do, is to refrain from investing in shitcoins.
First, it is not easy for a project or coin to be listed on a large site like CMC because there are many procedures to go through, and vice versa if a project or coin that has no user at all can be immediately deleted from the market list or from the CMC site. but it's also not easy, it might take time for the removal process.
I understand your proposal, but how would one manage to remove such projects?
You can't really ban or take them down and prohibition takes a while to be applied.
You can't really ban or take them down and prohibition takes a while to be applied.
I would remove all the tokens and coins of all projects, that dont follow roadmap milestones and hadnt finished milestones completion in 1-2 months due date.
What is useless for you?
Those coins which has no volume will be actually deleted on the excahnges.
EXchange has their rules and it was stated and send to the token team before listing on the site.
There are many of them that is now out in the market.
Those coins which has no volume will be actually deleted on the excahnges.
EXchange has their rules and it was stated and send to the token team before listing on the site.
There are many of them that is now out in the market.
The disbelief is understandable but there are other options as delisting from the exchanges and the dead volume will be the reason for the delisting. Useless altcoins will not gain good volume for the obvious reasons and removing these altcoins will decrease the total marketcap in my opinion. Crypto markets are not going to do the job which we are supposed to do as a crypto enthusiast.
You pointed out one of the biggest problem at crypto market. There are many crypto project at the market without any purpose. As previous days announced no single code added to more than 650 projects at crypto market.
These useless altcoins must be removed from the whole crypto market for the sake of real investors who believe blockchain. This situation maybe forward other project teams to work on their projects. As scam projects removed from the market, more people may start to believe crypto market and more new investors join us.
These useless altcoins must be removed from the whole crypto market for the sake of real investors who believe blockchain. This situation maybe forward other project teams to work on their projects. As scam projects removed from the market, more people may start to believe crypto market and more new investors join us.
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