Topic: what will stop this token rush? (Read 569 times)
Everything depends on people who invest. As far as they invest in every single project they conseider to be at some extend promising, the rush for ICO will not end. But such avalanche of ICO has started in the begininng of 2017, so I guess there is about half a year for investors to ripe what they have bought. When they realise that a grear deal of coins they've bought are of no value, they will become more careful themselves and so other investors will.
there are so many tokens around, that are useless
i think that the only way to stop it is moving on to platforms that regulate the coins that being made
komodo platform will talk with every company that will make a coin on the platform
and ADA protocol, will regulate the tokens that will run on their protocol
i really dont see a future to the ethereum ... its getting out of control with all this eSHIT coins and many other scams that have been born on the ethereum..
It won't be ending anytime soon. The coins that get listed have a pretty long lifespan, transferring coins from one place to another will keep happening.i think that the only way to stop it is moving on to platforms that regulate the coins that being made
komodo platform will talk with every company that will make a coin on the platform
and ADA protocol, will regulate the tokens that will run on their protocol
i really dont see a future to the ethereum ... its getting out of control with all this eSHIT coins and many other scams that have been born on the ethereum..
I am already earning a highest amount of money by investing in that rush of token. You only need to study well about the project and their strategy and have to invest then. I love that more and more businesses start their ICO because when a new ICO come then a source of income start for me as I invest with them and after the end of ICO I make a good income with my investment.
Agree with the author, just the tokens on the ETH are very easy to make and blockchain ethereum is simple and understandable.
Somehow, you are correct with the future of ethereum. When the hype of ICOs stopped, the price of ethereum would go down. These ICOs give a great opportunity for investments but the problem is there are too much ICOs. There should be a regulation but I don't think it would happen because it is hard to manage.
It is not hard to manage...
look at the Komodo platform, they will not allow to just anybody to open a coin on their platform
and there is another solution of the cardano protocol, that have built in tools for some regulations
Somehow, you are correct with the future of ethereum. When the hype of ICOs stopped, the price of ethereum would go down. These ICOs give a great opportunity for investments but the problem is there are too much ICOs. There should be a regulation but I don't think it would happen because it is hard to manage.
What token rush? you mean ico? Well it is already over, too many icos. like 15 a day!
Good reasonable regulations by the big boys are the only way to keep the SCAM and possibly low quality ICOs away. That's why for the cryptocurrency industry to go even further, a temporary ban and sorting out the rules might not be a bad idea afterall.
Bitcoin falling can lead to an end to this token rush. The crypto market is dependent on the king and if the king falls, everything else will follow the same downward path. I doubt this will ever happen. Bitcoin to the moon. 
The answer is pretty simple actually. If investors like you and me stop having an interest in those kind of tokens, and more importantly: stop buying them, they will naturally decrease.
The only thing that drives people to create scam coins is to make money. Everyone (nearly everyone) in the space wants to make money , it's that simple. So as soon as the money flow starts decreasing you will see less projects that are useless and solely have the purpose of earning the 'developers' money.
The only thing that drives people to create scam coins is to make money. Everyone (nearly everyone) in the space wants to make money , it's that simple. So as soon as the money flow starts decreasing you will see less projects that are useless and solely have the purpose of earning the 'developers' money.
Ethereum is a platform. The market (investors) have to regulate the rush. If they only buy the ones which are trusted and worthwile, the rest will disappear.
Exactly, time will take care of it as people will realize 99% of them are pure garbage. 
not a platform like the wrong etherium that I think, but someone who uses it as a fraud event, then we should be able to choose which good and the quality that will survive.
Investors can stop it, contributing to a useful projects with many antiscam proofs
I can't help but to notice the timing of all these 'shit coins' being released coinciding with the hardfork about to happen. Part of me thinks that a few devs have realised they can quickly up their stock of ETH and, ultimately, BTC prior to the fork to get as much free BTCGold as possible.
I also cant help but to think the same people are behind more than one of the coins, little things like the same typos in their webpages being one indicator and then, the more obvious indicator, when I went on the eXMR 'Medium' blog the link to to their e-xmr.io website actually still pointed to the old eltc.io website.
I pointed that out to the dev in Telegram and the link was changed then all the posts detailing the death of eltc.io followed. Seems like someone realised they were being a bit obvious maybe? IDK.
I also cant help but to think the same people are behind more than one of the coins, little things like the same typos in their webpages being one indicator and then, the more obvious indicator, when I went on the eXMR 'Medium' blog the link to to their e-xmr.io website actually still pointed to the old eltc.io website.
I pointed that out to the dev in Telegram and the link was changed then all the posts detailing the death of eltc.io followed. Seems like someone realised they were being a bit obvious maybe? IDK.
Well... the ban of Internet- my best guess. You have a point, when say that there is a bubble on the cryptocurrencies market, however, not all the new coins are scams and craps- we just have to eliminate the wrong once before investing anything. ETHERIUM is a really important, efficient and useful tool for crowdsourcing and successful crowdsale. However, it should be applied in a right way, which is always difficult as you are unable to check each and every project. At this point we discover the fact that it's useless to argue over utility of ETHERIUM as money teams tend to overrate themselves and are going to crowdsale without any product or clear way of future development. Though the process is unlikely to stop completely in the near future
there are so many tokens around, that are useless
i think that the only way to stop it is moving on to platforms that regulate the coins that being made
komodo platform will talk with every company that will make a coin on the platform
and ADA protocol, will regulate the tokens that will run on their protocol
i really dont see a future to the ethereum ... its getting out of control with all this eSHIT coins and many other scams that have been born on the ethereum..
i think that the only way to stop it is moving on to platforms that regulate the coins that being made
komodo platform will talk with every company that will make a coin on the platform
and ADA protocol, will regulate the tokens that will run on their protocol
i really dont see a future to the ethereum ... its getting out of control with all this eSHIT coins and many other scams that have been born on the ethereum..
People need to educate themselves on ICOs, in order to filter out the scams and crap from the legitimate ICOs. Read:
3 kinds of ICOs - Protect Yourself
https://bitcointalksearch.org/topic/3-kinds-of-icos-protect-yourself-2243157
The same thing will stop the token craze as stopped the altcoin craze. Nothing.
"out of control" . . . isn't that kind of the idea behind crypto in the first place?
Yes, there are tons of shitcoins and scams, but satoshi set out to make a currency that isn't controlled by a central organization. What you are suggesting is completely opposite to what makes crypto attractive in the first place.
so to deal with all the craziness, just ignore the others and invest and use the ones that are personally useful or profitable to you.
Yes, there are tons of shitcoins and scams, but satoshi set out to make a currency that isn't controlled by a central organization. What you are suggesting is completely opposite to what makes crypto attractive in the first place.
so to deal with all the craziness, just ignore the others and invest and use the ones that are personally useful or profitable to you.
Nothing! So far there is still incentives for people to make money, even if regulations come in and ICO etc are ban in certain jurisdiction, people would move to another jurisdiction to continue their business of ICO as usual!
Even with regulations new icos will be created all the time, they will just need to follow certain rules and have some more obligations. But until that global regulations about icos come, nothing can stop this rush, not China, Russia, Canada, developers will always search for country where laws are different and they will continue to do what they do from there.
"..getting out of control..", i love it 
however i think ETH is good platform because ppl can learn to make their own token/coin and learn how it work. We are in decentralized world and we can't let only big company allowed for creating ICO. But yeah i also tired crypto world being flooded with all of that scam ICO token. so don't know what to say because it is like plague but also has good side. waiting other opinion
however i think ETH is good platform because ppl can learn to make their own token/coin and learn how it work. We are in decentralized world and we can't let only big company allowed for creating ICO. But yeah i also tired crypto world being flooded with all of that scam ICO token. so don't know what to say because it is like plague but also has good side. waiting other opinionWell, you have a point that it will throw away the system as a decentralized but don't you think that it's too much already? A mere kid can make his/her token and can roll an ICO just by the help of a designer/programmer. (he/she can also hire people for help) without any products and services to consider? Then those crypto newbs will be baited on the ICO without knowing that the project is delusional. That's another BS token for the community, addition to the long list of this kind of tokens.
I guess nobody wants that? BUT it's already happening. Look at this thread https://bitcointalksearch.org/topic/who-has-been-guilty-of-this-2247751 for reference.
Only way is to educate ppl how to find good ICO, or if it still hard, any developers must reveal their real identity in their ICO
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