Bitcoin Forum

Well, this question is not so much about altcoins as such as about free and unrestricted competition between cryptocurrencies, by and large, bitcoin included. I think it is the first time in the modern history when it is possible to see how currencies can compete against each other without government intervention promoting one coin and trying to compromise another. If I'm not mistaken, right now we have over 1000 different cryptocurrencies. I don't know about you but to me it is an obvious overkill, a lot more than we will ever need, for real life. So how are things going to develop in the coming years? Will most of these currencies die out eventually and thus their total number is going to decline dramatically or will we always have an influx of a shitload of new coins?

What should we expect from cryptocurrencies on the scale of years or even decades? How many will be there and how many do we actually need?

Yes, you are right, there are way to many crypto currencies right now on the market.

The average life span of a crypto currency is about 1.5 years so, you can expect a lot of them to fail during this time but some of them will succeed and will be used on a larger scale.

Take a look at ETH, a few years ago it was just an ordinary crypto currency but now it's used by millions of people.

I think there will always be a lot of them on the market because as soon as one closes, another one comes back to take it's place.

You need to weed though them and select the ones with a good idea behind and a higher rate of success.

Believe me in the time to come it will be more lesser competition as compared to what you are seeing today. The reason is simple and it straight away includes the interaction of the government with the crypto currencies and their huge rules and regulations that will be coming underway soon. Yes, they are not just going to sit and watch billions of dollars being flooded in the virtual money and see millions of dollars being robbed against the taxes. I guess this will put crypto currency on strictest rules and thus there will be decreased number of altcoins and sooner or later less competition as there wont be much of them out there to compete.

For sure I believe that a lot of shitcoins are eventually going to die, but this is not due to the fact that there are a lot many coins.
When you compare such things with stock, there are enormous stocks available on exchanges which keeps on getting added time to time and a lot of them get delisted because they are not able to keep the daily required volume.
A big number of cryptocurrencies is good in a way, as it spreads more awareness but if they cant keep there worth over the time they are going to die.

1. Every cryptocurrency, I believed, has their own turning point - either a good or bad one. As well know, almost 99 percent of cryptocurrencies were built only under speculations and with no real product or usage, at least not yet. And soon, those cryptocurrencies will be facing their own turning point where they need to release a real product or they need to shut the project down.

2. Yes, those who can't even provide their own usage will soon die. Realistically, I don't think that the number of ICOs will decline dramatically but the opposite. As time goes by, as we learn the real essence of blockchain, there will be more and more projects and ICOs soon.

3. As a fan, I think, those top cryptocurrencies (bitcoin included) will have a world wide adoption. In a year or ten, blockchain will be the most critical aspect of economic and finance.

2018 will certainly witness some attrition amongst the altcoins not least as projects that thought they were well funded did not take adequate measures for a huge downturn in the Etherreum price and now find themselves running on fumes. The stronger well managed projects will however survive and will prove to be great investment opportunities for 2019 and beyond.

That is the main reason there is the volatility in the market right now because there are too many cryptocurrencies to choose from and the investors are having a hard time to choose the best one out there hence the influx of some cryptcurrencies that are dying out in the market or cryptocurrencies that are being called shitcoins because of lack of investors or no innovation at all. And this is what happens when you give the power to the people and it will not change in the years to come that is why we need to adapt to the volatility in the market.

This is a function of the teams behind the coin. The teams do what they think is best for the coin and investors to overstep others. So it is the team working judiciously, day and night to get things right.


I believe in the future that shitcoins will be very much curtailed because the condition and requirement will be very high for them to meet. For example, currently we know that, not all coin are listed in some exchanges because they can't meet the requirements plus financial charges.


I see a time when it will be legally accepted, starting with ETF. Some forex brokers have already started trading some cryptocurrencies, so you see the time is already near.  ;D

About this, I think you may have lighten me up with some things important about the cryptoworld. Yeah, I'm a lot worried about these ICO projects going around and for years we'll surely have a shitload of altcoins amd cryptocurrencies going around and I don't know what might happen from that. Also, many exchanges are being launched too, decentralized and centralized, these too much of an exchange will ruin the reputation of cryptocurrency esepcially for noncrypto users that might get interested.

I don't think it will on the long run. It can only cause some unlucky investors to lose money and they (we) will learn from mistakes made, knowing the shit exchanges.

I remember the time when forex brokers also where everywhere but today, you can actually point at the good, better and best. They will all naturally fall to where they belong.

1. If ICOs won't be regulated within this year or next coming years then we will have a sea of trash icos that doesn't have real usage and all are thinking an exit scam and soon icos will be dead.

2. There will be no exact number as long as the coins are essential and sustainable in the community it will and should remain.

I never thought about altcoins as stocks, kind of, obviously, but aren't the former lacking something which the latter have? If we discard the vaporwares of the dotcom era, stocks represent real companies with real products and services. But what do cryptocurrencies represent? They are the final product to be used. Moreover, they are basically all to be used in the same way, that is, as money.

But do we need so many currencies floating around? Look, there are all possible varieties of goods serving different purposes and satiating different needs, which explains why there are so many companies (and stocks). But if there is no substantial difference between various coins as their purpose suggests, most will necessarily go away.

What is certain is that in the next few years to come;

1. A lot of alts in the space now, mostly shitcoins will die and disappear
2. ICOs regulations will kick in. More confidence will be instilled on the system.
3. Projects with no real use cases will hardly sell. This is because the level of awareness will be higher than it is now and it will be extremely difficult to market scam projects.
4. Blockchain adoption will be higher than it is now. Governments and the private sector will have widespread adoption across board. This is in turn cause the price of Bitcoin to soar.

I sincerely hope that this shitpile of useless coins will actually go away finally as they are only a means to steal people's money through exploiting their greed. But that may in fact turn out to be no more than an instance of wishful thinking because greed is not going away either in a year or ten years, or even a hundred years, and there will enough people looking for get rich fast opportunities. So the inner skeptic tells me this may not happen. Naturally, the average life span of a typical shitcoin can actually decrease, but not their total number.

Hope to be wrong, though.

Nowadays there are many good cryptocurrencies that deserve your trust and your attention, too many I would say, sometimes you spend too much time to choose.

I think few people can imagine what will happen in 10 years! But the fact that 1000+ of different crypto-currencies from them is 95% unnecessary at all! I keep in my briefcase only those coins that have technology, an open and public team

There is indeed influx of bundles of variety of altcoins day by day, some of them are here to stay because they are viable and can stand the test of time and competition in the crypto market while some have wither away and some dying, most altcoins are doing pretty good and have been adopted for use on a much larger scale which make them popular which most of the time is ascribed to Blockchain technology adoption... With time there will be a big shake in the crypto world and the real and the fittest will remain relevant

On a cursory glance, it may look like that different altcoins are competing with each other to cement their position in the market, looking like very cutthroat competition. However, Ethereum was the first coin to bring a lot of new tech in the market and the first competitor who went toe to toe with bitcoin and ultimately edged in being ICO's number one choice of currency. So I believe ETH will last others.

for me , sorry if i say like this
but, on my opinion
in the end , just about 10-50 altcoin will stand on the last.
for now , we can say most of them , just like HYIP
yep, HYIP with blockchain masked.
and on the end, investor will bought again most strongest coin like top 1-10.

I guess we can look at it sooner not as digital currency but an investment like stocks or shares but can be used to trade, buy product and services too. I agree there are lots of them right now and there are more coming which are more advance than just a store of value. Some of the represent a company and a utility token that can be used inside its platform. I don't think it all compete between each other but they go along side together which traders can exchange.

Well, if traders can exchange these tokens for fiat or coins, they are already in for competition for traders' money. It would work in the same way as with the stock market. We know that stocks represent companies and reflect the value of the products and services these companies produce and offer. So far so good. But then things get heavily complicated due to forces which have nothing to with either companies or their real value. I refer to market speculation, hype, and things like these. As a result, there can be overvalued and undervalued stocks (read companies), and possibly a whole host of other phenomena. And I'm strongly inclined to think it won't be easier with tokens once they get listed and start being traded on an exchange.

There are coins that can be very promising, in addition, most promising coins compete with each other. It seems to me that the Ethereum um will one day be number one.

I agree with the author of the thread, I think a large part of coins, which we now know will be gone. In their place will come new coins. I think there will be coins with real use Bitcoin, Ethereum, platform: NEO, XLM, as well as anonymous coins XMR, Dash, Zec.

I wish there were some competition but for the moment most tokens and coins are strongly linked to Bitcoin and perhaps ethereum. The market is not yet mature to offer real competition.

There are way too many alts in the space right now, many are copies of each other. Many are without any use case. Many are scams intended to fleece the system. The current bearish market has seem some coins bleed out, without any hope of surviving. In a year or two, many of these projects will exit the space.

A lot of altcoins are there which have very strong competition in fact most of the altcoin have very good potential and their future look like very bright, therefore there always remain a very tough competition between them. For example ADA and NEO both are too good for investment and therefore both have very tough competition.

Although if you analyze more detailed most of them are competing to take the 2nd position from overall highest coin with total market cap. you see eos eth cardano they are competing each other and I can say it's competition, also some token under those smart contract platform are also competing each other, it's not always competing to get 1st position.

I'm afraid that even if all subpar altcoins died in a year or two, this wouldn't change the crypto landscape in any significant degree any time soon. Altcoins and ICO tokens are a perfect vehicle for sucking people's money, so if one altcoin dies, two more will respawn immediately. As long as there are people willing to risk their money in the pursuit of quick profits, there will be shit coins and shit tokens.

There are too many altcoins but many of them are utility tokens, only for internal use on the platform. Many coins will die for sure as the market will kill those which are not valuable. Cannot specify what would be the optimal number of coins but strong competition amongst them is healthy .

Competition is getting strong as many coins existed today.  A huge number of coins will definitely give people to freely search potential coins for investment and also it could be bring them into losing if they choose the wrong one.

I believe we will have more and more projects coming out on this space and that there will be many competitors in all parts of the business. I believe they will not die. even shitcoins will still exist because when more and more people come in crypto and because of limited supply it can drive price only up

The competition is real. Like honestly I think BTC is ruling but ETH is progressing super fast and in my opinion, soon will be an important altcoin and be on the same level as BTC. Maybe in some months/years. We do not have the dates when it will happen, but I´m sure it will!

I agree with this. Theres a lot of new born altcoins that is trusted nowadays, but the investors and hodlers always stick in the top altcoins so they didn’t see the value of new alts. Altcoins competition is real, its getting stronger because many coins existed nowadays.

I'm sure that anyone assume that those loads of shitcoin will just die. I've seen some of them just getting delisted in exchanges without people noticing unless you hold them and the exchanges notified you. The traders strategy is just to make profit on these coins and shift to the new ones and that is the purpose of the other 1000 shitcoins that exist.

It is like Pandora's box or a genie out of his bottle. Once it is on the loose, you can't get it back. Even if 1000 shitcoins all of a sudden die today, tomorrow there will be even more of them. It happened in the dotcom era, but since that market is (was) highly regulated, that genie was forced back from where it had escaped. The cryptomarket is resistant to shutting down or just regulation, so things are likely to continue in this way until something interrupts the process. What it could be I don't know as human nature (greed, more specifically) is unlikely to change overnight.

Generally, competition is always good. Too many projects? if you do not take into account all the scams and fraudulent ico, then there will not be much left, firstly. secondly, blockchain can be used in various industries, from sports betting and games to construction, loans and insurance. it is possible even in political elections to use something like a blockchain, that's will be a bomb - a transparent, open to everyone, absolutely honest election system. in general, anywhere. life is very multifaceted and do not think that there are too many of these projects - they may be yet, vice versa, few. I think there are still many unrealized or just emerging now, today, here in the life of ideas and this is good.

I think all of these currencies will fall down eventually. And national and international backed by banks with huge amount of caps behind them like Ripple will last. People trust these more to invest

Yeah currently we can see lot of cryptocurrency coming on market and they always trying to beat others to become best one. This competition will run until cryptocurrency die. But maybe it is not possible. We are looking for new crypto coin like Bitcoin.

Yes there are more competitors in this platform but we need to focus only on the trending crypto coins like Ethereum, XRP, BCH, ADA. also we need to ignore the wrong one. this coins cannot compete with other altcoins.

in fact, there is no competition, very rarely. But the market will get rid of useless tokens in the future !

Indeed, there is a lot of competition between altcoins, in my opinion it's good for crptocurrency development because many people believe in crptocurrency and add a lot of volume to the crypto market, but too many coins in my opinion are also not good because there are certainly many fraudulent coins that just want to take our coins

maybe such competition is very thin because every altcoin most of them work together to succeed each other in terms of investment and so on.

But this topic is about altcoins, more specifically, about competition in the altcoin market. It is definitely not about politics and whatever the blockchain technology can be used for (apart from altcoins, obviously). The problem with this competition is that it looks like it can't weed out bad altcoins (shitcoins). So no matter how tough it migh be or become, there will always be a constant influx of new shitcoins. In this manner, coins that lose and are abandoned will be quickly replaced with new batches of trash, maybe, even less competitive but that won't matter either.

And this is the point that I want to discuss here.

i think that there will be a "purging". Time will decide which altcoin will be good and remain and which will be obsolete and vanish.

I think alt doesn't have to be much, a little is enough, but on condition that the coin can meet expectations and in accordance with the ideas or concepts that have been planned by the developer. I think all altcoins must compete to be the best and can be beneficial for everyone.

Many altcoins are available in the market. Some gives good values to people and people like to purchase them. Some coin's whitepaper is not understood by people and they don't like to buy them. These coins doesn't survive in the market and the get unlisted form the exchanges.

The Altcoin market is growing stronger. More and more electronic coins are emerging to enter the competition to find e-currencies that have the potential to be used by consumers around the world. Therefore, the competition to keep the Altcoin is a meaningful competition.

how many coins have failed and died since the cryptocurrency started but certainly from all that exists, only those who are able to compete and continue to be developed so that the community can use it that will be able to survive

Since crypto market getting stronger, it also affect market competition. Such competition will lead other coins into dying especially when it is not yet supported by its developer and the team behind its creation. Moreover, it usually create a strategic plan to attract more investors to help them win from the competition.

If you look back a on 2017, those ICOs and different altcoins pops out day by day when BTC moves upward unexpectedly and embrace by many. Unfortunately, some altcoins took advantage and scammed millions of investors. That is the reason why the price in the market suffers as of today because the government were alarmed. There are some government agencies that double checks those ICOs but shit altcoins can't  be avoided and I might say that you can expect more of these shit loads in cryptocurrencies as long as there is no concrete rules and regulations from the government.

There are over 3000 different Cryptocurrency. The coinmarket lists only about 1900 Cryptocurrency and there are many but not enough requirements to list there. But more than 80% are altcoins that do not have the product to serve life and of course as you say. All will die by the time and only the good altcoin and the product will survive and be applied to life

If it were so, most of these shitcoins would have long been gone. Have you ever wondered why there are still over 3000 cryptocurrencies (let's assume that what you say is true), which is by any sane metric a mighty overkill? If we consider the fact that the "estimated time to death" (average lifespan of a shitcoin) is around one year or even less than that, we would by now have a clean landscape where wouldn't be so many shitocoins, only the deserving ones (give or take a couple coins).

In essence, it means that when a shitcoin dies a new one is born, which takes the place of the deceased one. It leads us to a conclusion than competition doesn't really weed out these coins as we intuitively expect. It simply doesn't work in the way we hope.

I agree. Many of the cryptocurrencies are bound to disappear over time since they are most likely scams, pump and dump coins or simply unsuccessful which is why it is far better investing into popular cryptocurrencies like Ethereum, Litecoin, Ripple, Stellar, NEO etc since they have huge long term prospects although their values will definitely fluctuate over time. I feel that only around 100 coins will truly survive in the long run.

It is not just compitition, it has become a fight between them which is becoming harder and harder with the adding new alternative cryptocurrencies on the market.

I think there is no competition between the altcoys. Every altcoin lives in principle with his life. The price of altcoin depends only on the price of bitcoin.

Competition makes alternative cryptocurrencies stronger and more prepared for surviving in the wil crypto's nature. It is needed with cryptomarket for development.

This competition is the best way to make alternative cryptocurrencies stronger and to 'kill' weaker ones for the cleaning of the cryptocurrency market from this waste.

The (potential) problem with this kind of competition is whether it actually leads to anything constructive and valuable. Does it really contribute anything of value to crypto or is it just a ruthless fight for the money of those who looks into these new currencies? How many new coins entered the market that would boast some new and truly innovative features, both useful and revolutionary?

As it seems to me, the altcoin market and ICO's even more so have become a means for exploiting human greed rather than a field for testing new features and fresh ideas.

I am a fan of this raw competition, but we know how will this end eventually. Only the strongest projects with a wide community will survive and others will be struggling a lot to equal their opponents. There are so many factors that can determine the success in long-term. New projects will benefit from the mistakes of their progenitors and that massive headstart can make a difference big enough to catapult them to the top. Coins that will be in top 10 in five-ten years might not even exist right now! Sticking to current top performers might not be the best strategy, but all we can do is making predictions based on the information that is available to us at the moment.

currently many crypto markets are popping up with some coins that have been promoted, competition between one another is normal, many people are thinking of choosing something cheap or cheap tax deductions with fast transactions

This is business and it's a free market while those developers are free to create a coin or token we can see many new ICO to be launched. This will not stop unless a new regulations will be implemented. Better to invest only on those project that has enough proofs that it's a legit not just a hype.

I think that now we need to take from the cryptocurrency as much as possible, as long as we have such an opportunity. The choice of coins is huge, the growth potential can also be impressive. If crypto is will going to be regulated, then it is not known how well it will affect it.

Until the world's problem comes to an end till we see a change. Day in day out  new problems evolve which requires genuine solution. For we to get solutions to such problems will always lead to the introduction of these coins which i think is not bad at all. Competition among  these coins makes the Crypto world interesting but the competition should be looked at whether healthy or not.

I think that countries will eventually accept change and develop their own crypto-currency. people will find them safer. but there will be fewer coins in world standards.

ETH, Bitcoin cash and ripple all started from a similar point where these new coins are starting. But now they are really valued and popular. Not all ICOs can survive, some will die out. But as some of them die off, the rest will survive. Cryptocurrencies won't die out completely. Coins begin to compete when they have a similar project and idea. If you really want to invest in a promising coin coming out soon, choose ETHL and 4new.

Of course to change, any market will become more intelligent with time. Healthy competition and natural selection will do their part. A large number of shit coins disappear from the market.

I am sure in future as long as altcoin is concerned, the number will be reduced because most of the shitcoins will possibly crash because they will not be able to survive the crypto market but the legit ones will remain. I am also sure the rate at which altcoins come in will be reduced because investors will only be interested in more potential coins than in just anyhow coin.

This is true. Those other coins that are not really in a good state are just created to add some spice to the cryptocurrency. With this, those coins will not probably affect the cryptocurrency bigtime. There might be a competition but still the coins on top will reign, and the altcoins aside from those who are on top will not be given by much attention.

It is really good that this competition take place on the cryptomarket because the amount of altcoins is too large and I am sure that not all of them worthy for buying so this cleaning is necessary to be.

I think that altcoin competition is natural because cryptocurrency is a trade as well as an exchange for many altcoins carried out by investors and bounty hunters, I think in crypto trading we need tactics, you can hold it for a long time or you can hold it in a short time, I think the number of altcoins will continue to increase.

Many shitcoins will eventually die, but this is not due to the fact that there are lots of coins, but because the coins don't have a clear purpose and their development team fails to develop the coin. There are lots of coins in the crypto market and new coins emerge every day with different objectives but I don't think that all compete with each other but they go together with the traders who can exchange.

I think that competition between these coins is one that is actually inevitable and is good for the industry. Each one of them is trying to take the leading position, hence set in a natural position of competition. Thing is at the end of the day, those that are meant to survive, and and those that weren't meant to will die regardless.

No one can predict the future. But we can look at the past and draw the trend line. So, if during the next 12-month eth or btc will not go to 0 then the whole crypto industry will survive.

If eth will be even 1 USD then anyway it means a positive trend: growth from 0 to 1400 and then to 1.

I think that's not even possible, we all know that we are manipulated by the government, the real issue here is about the regulation thing. If they regulated it then ICO's will have a future but there's a limitation they should register it on SEC so government will recognize that as securities.

I also think like that, indeed too many crypto they always compete to lure potential investors to buy their coins, they always try to get their coin prices up but will they last long? I think there will come a time when investors are not interested in their coins, investors will see other coins that they consider more profitable, and their coins will die

Some coins that do not have uses in the industry just die down a natural death we have hundreds of new coins in a year and only half of it was able to survive, this is why we need to ask ourselves what will this bring to the table before we are going to invest in that project.

If you ask me, such inferences are pointless. I don't know whether they may make sense even from a purely academic point of view (I'm not an academic anyway), but in the eyes of an investor or trader they are not just meaningless but also offensive and derogatory. It won't matter if some coin first rose from 0 to 1400 and then went down to 1 and that would be, according to you, still a positive trend if you lost an insane amount of money in the process. And it is not only about you and me personally. It means the fiasco of the whole market and the coin in question as such.

Don't really think it matters too much, there's still a big enough market for all of them if they do well.

I think that it is impossible to speak here about any healthy competition. As for me, large corporations and companies are even worse than governments, as they often act outside the law.

Regarding No. 1 you said, before the ICO was born, many projects had already called for investment and had died, it does not depend on how many ICOs die. But what ICOs will do wonders in this industry

I think that btc will be the winner for long or maybe even forever. To my mind, it has a lot of benefits and that's why it is going to be the leading one and I think that ether will be in the market as well close to btc

Each coin has its own functions. And the competition does not grow as you think.
For example: Paypal is not a competitor for facebook

I think there will be many altcoins to die in the future. Because there are more than a thousand cryptocurrency in the world. This is compounded by the emergence of many ICO scams. If you want to invest in cryptocurrency, you have to review it yourself and not follow someone.

I believe that since there are so many coins, then the competition has become even greater. I think that this is good because competition is always stimulating to be better.

Competition haven't started yet! What  happening currently is through as much as possible from ICOs to the crypto market to create legal crypto market, But governments will not stand away from crypto market they will intervene and regulates the market then so many coins and low quality projects will die.

Now there are really a lot of coins in the crypto currency market. And I think in the coming years there will be a natural selection. Some coins will continue to exist and develop, and some will simply disappear.

As for the appearance of new coins, this will continue. It's also like in the food market - when almost every day a new kind of drink appears, or chocolate for example. But again, if this coin is in demand - it will exist, no - you yourself know the outcome.

That is the idea, there is a lot of demand for investors, and at this point with a super saturated market with a lot of coins and tokens, every project will not want to end up drawing back in anyway and will try to make sure they still do as much as they can to stay on top of their game.

The big aspect a lot of people do not always understand is that, there is no way there would be fast development and growth in a space, if there is no competition, as you will keep needing to think out of the box, to beat your competitors to it and that is good for the consumers which in this case are the investors.

I think that for outdoor use you will need only a dozen coins. In recent years, there are and will be new cryptocurrencies. And most of them will die. There will also be competition between cryptocurrencies, and perhaps over time, new, more complex coins will appear on top each time.

PayPal is not a competitor to Facebook simply because they are pursuing different ends and serve different purposes. PayPal is a payment system and Facebook a social network, they are not competing with each other for their clients. The same individual can be a user of both PayPal and Facebook, using them according to his needs as required. Honestly, it is strange even to see such comparisons.

With altcoins, though, it is a completely different matter as they are all competing for the same money of the same people. if an individual invests in one coin some amount of money, he can't already invest that money again in another coin until and unless he disinvests it first. This is the essence of and reason for competition between altcoins, which is simply not possible between PayPal and Facebook. There's simply nothing for them to quarrel over, unlike altcoins.

That's right, this is part of decentralization, there is no one controlling everything in particular, but don't be fooled, even the alts are being promoted, only now we have a fairer playground, because everyone can make use of bounty hunters to make marketing events, that's the difference, but still can come a whale with its millions to try to play with the market.

Competition is good yes just as you can say variety is the spice of life. However, the competition should not be at the detriment of investors funds. ICO regulators need to stand up with stringent requirements for new icos and exchanges should delist shit coins to reduce the load on us.

At this stage of the market the altcoins are very dependent on BTC which is dominating. In the future with bigger market volume
I think that there will be competition between coins and they will not move all together with the market. We will see red and green
at the same time.

Yeah, it is really a very good thing considering that this would make a lot of the devs of each project to want to do their best to make their project stay relevant in the long run. If there is no competition, it is normal to always see nonchalant attitude and slow development since there is really nothing pushing the team. Nevertheless in this case, the push will be strong and definitely will make any team not want to end up slacking and missing out from the potential of their project in the future when another project end up overtaking them.

Yes, without generating their own volume in trading, I too believe no altcoin will be competitive enough to race against bitcoin nor against another altcoin. They muct develop their own community first to enjoy such an independent market swings.

The point of all that is when there is money then everything goes smoothly.
If you don't have money then everything will feel difficult.

1000 types of altcoins if you have a strong financial structure then I make sure the price will rise for the future.

There are some altcoins that have the function of making these tokens so that we can use these tokens for other purposes, it's true that Crypto has developed very fast and we know that many projects cannot maintain their companies so they are no longer interested in investors and we are all in the economy free so that everyone has their respective roles and needs with Crypto there will also be limits on everyone according to one's needs.

If there is no product behind altcoin ,it will not exist for a long time.So I think in the future there will be only real projects.

Thier are many alcoins but  bitcoin nor against another altcoin.

It is not that bitcoin cannot die, 'cause such is life, then you die', but it will be a king of crypto for a long, long time ahead. Though this is not the question asked. Here, in this topic, I'm interested in altcoins, and it doesn't look like bitcoin is going to kill'em all. If it were so, they wouldn't have appeared in the first place, right? So there is an evident need for them. whatever it might be, for example, purely speculative interest.

But how many altcoins do we actually need? Maybe a dozen, maybe half a dozen as most coins and tokens are obvious pump and dump schemes that don't even last beyond their ICOs if there is an ICO at all.

The presence of competition between altcoins means that users will have the several option to choose & due to decentalised nature of this industry its very easier to compete against each other without governments interventation. Check out the rival of ethereum blockchain EOS there is possibility that dumping in price of the ethreum is done by EOS as they had raised hell lot of funds around $4 Billion.


We will always have influx of the new coins in the market with different or same concept of the projects & this will give more option for user to choose different different platform as per their requirements & will also put pressure on the project to work more on quality assurance and product developments or their coins will be soon added on the https://deadcoins.com/


Presently We need clear set of regulations about cryptocurrencies as due to unclear regulation institutional investors are not entering into that market with investment. Already working on this issues are going on by US governments & once they come out with solution than other nations will also follow the same steps or by with some changes as per their jurisdiction. Hopefully this will happen by 2020 & than no one will stop cryptocurrency to hit the mainstream & change the digital economy forever.

I think the future of cryptocurrency is going be more interesting than previously thought! We saw how ethereum platform change the usual ipo/ico project into a mainstream event in cryptocurrency so much so the centralized are taking interest in it and are preparing to include it in their economic and investment blue print!

Altcoins is of course a great many now and in time they will not go anywhere, only weak coins will leave the market, new ones will take their place. The cryptoindustry is developing, going forward and I think over time will further strengthen its position

Up to a point, the number of altcoins will increase even more. But the number of survivors will be small and will be determined by which one really works.

I think a coin that has a good concept along with good team, and also the support from the community will be able to makes the cryptocurrency to thrive among so many other cryptocurrency.

There is not competitor among altcoin what i see is low price for all altcoin.. most of the coins are ETH and BITCOIN base so they are affected by the low price of ethereum and bitcoin

I think the more altcoins we have, the more the market will grow and develop. Competition is always growth, because projects have to develop and offer more sophisticated products. Therefore, I see nothing wrong with that now over 1000 coins. Many will die, many will eventually enter the top 50, those are all good movements at the market. But the main problem is the fact that very low market capitalization lack of financial resources limits the development of projects and the market.

for my opinion, i think one or maybe maximum 5 cryto is enough for our market..too many crypto actually not a good sign for market  :)

I participated in the Bounty campaign and received quite a few bad quality tokens and could not be exchanged. This suggests that ICOs are quite risky, and we invest in them at high risk. If these ICOs are traded, then they are always lower than they are in the tokens. That is what I see at the present time.

Because of too many project that has been raised, most of them are just a copy of a existing project and don't have any future usage, the competition are between real and usable project, we should understand that from time to time investors and traders also concerned about their hard earned money and this era is no longer based from luck but accompanied by hard research and good analyzations.

Of course now there are a lot of coins on the market but most of them have no value and will soon die because not interesting for investors.

In the future, we should expect fewer coins. New cryptos are created for three basic reasons, in my opinion: to make quick money, to introduce new features or to scam people.
Hopefully better security features (or if the government will intervene) will eliminate scams in the future. So perhaps 10-12 coins should be a good number?

Healthy competition allows the market to grow quickly. Fortunately, in the cryptocurrency market there is no lobbying of some blockchains and prohibition of others. This gives us a chance to see strong technology growth.

The more the better to determine what we actually need. If we close the door for the new altcoins to come we cannot identify their identity if they are the important one or they are the shit one. The competition is normal and only the fittest will survive.

I really agree with you that there are currently lots of altcoins in crypto, and have different functions and uses, but they have the same altcoins as investment, both short and long term,
no one knows for sure how many altcoins will come in the future because we all know that cryptocurrency continues to grow every day

To my mind the tokens in their current incarnation have no future, in order for them to interest investors they must pay dividends like a shares. And all utility tokens will disappear in the near future.

At the moment, there are already more than 2,000 coins on the market, and I believe that their number will not decrease as new projects appear constantly. Most of them do not have a working product and do not have any usefulness, but nevertheless I am sure that some of them will be able to realize their projects and using their technologies will bring us some benefit in everyday life.

I think in the years to come we will continue to see more altcoins entering the market but by that time those who have intrinsic value will be at the top while the rest will literally be worth peanuts.

There will be a dropout of coins over time. As they say, after a certain period of time only the strongest will survive,and the rest will lose in capitalization, and investors will finally lose interest in them. This conclusion is obvious. Even now, the market is just oversaturated with new tokens, but I treat this fact positively +

Well, this phase is like a Hunger Games for the most altcoins. Almost no shot at winning it, but you never know without even trying  ;). I have not really thought about the actual number of the coins that we will daily use in the future. Ten? Twenty? A single one? So many pros and cons that we will have to consider before making that independent decision. Let's enjoy the present and the fact that there are thousands of people who are working on their projects really hard. I personally believe in a shiny future that would not be possible without their tireless effort  :).

Yes, in present times there is a heavy competition between altcoins strong will build its position and week one will step back soon.

From my perspective, we are not going to use more than a dozen for anything which is not speculation (read, pump&dump). Bitcoin is kinda reserve currency now in the cryptoworld, a point of reference for other coins. Others seem to be more suitable for regular use if it ever comes to that. I stand for litcoin myself as I'm trying to use it daily, but it is a matter of personal preference. Coins like ethereum or zcash have their own niche or use case, the rest are mostly speculative garbage (such as bitcoin cash, gold, air, whatever).

There are alot of instances that we could see the competition of many Altcoins. We all know that many alts has the same usage and product which truly competes individually who is better.

We have many coins on the market without any use case just pump and dump coins. They raised funds
through ICO and later on the development does not happening. Many such coins will fail and disappear
from the market.

It is difficult to say definitely what will happen with cryptocurrencies in general. It is conceivable that the great part of the Altcoins will disappear from the market, and so the strongest coins will remain only.

the period you have mentioned will probably bring up to the table some drastic changes, yet not unexpected. for instance, i believe that at least a half of present coin amount will reduce

So far, only self-regulation exists on the crypto space. Someone considers it a plus, someone considers it a minus. Time will judge these opinions. Each coin in the market carries its own role and competition is not greatly affected. Coins will become much more, I do not see anything terrible in this.

We have too many coin and the competition is very stiff now, but at the long run,only few of those alt coin will survive because am expecting some restriction sooner or later probably from government. government

The more alternative currency in the market the more project will be done for the world.
The competition will state who will be better and stronger.
The people is the only one to decide, by giving the demand to the ICO or tokens.
Those who will not survive will be gone,

Since most of altcoins are copies, I can see no real competiton. Only the platforms that offer something completely new and demanded have a chance of success.

Competition brings quality. All cryptocurrencies are under pressure, they need to be active in developing better and better blockchain technology.

Investors have begun to get tired of the profitable time of old coins, they seem to prefer the new altcoin, because they can quickly get profits and high returns!

Probably the most interesting financial trend of 2017 is the spread of digital currency, especially in the Ethereum ecosystem. With the ICO boom, many different business models have been connected to the token or blockchain.

Altcoin competition will make the coin better and more active in every move. So the team will look for loopholes to be more creative and more weighty, besides being able to develop well.

Competition between altcoins is currently very tight, the number of altcoins that have now reached more than 2100 will certainly make altcoins with small marketcaps to die, to be able to maintain altcoins of course devs. must have large capital or look for new investors

Your competition for various altcoins is very fierce. with the emergence of a successful new token and immediately enter the list resolved crypto currency ranking in the market.

One of the main cause of high volatility is because we have many Crypto that are enticing to investors. Investors find it very to difficult to choose among 100s of them. This is one of the disadvantages of unregulated environment because people don't need to comply with any law.

competition between altcoin will have a positive effect on the development of cryptocurrency, I see it from a numerical and market basis, the existence of Altcoin is currently causing the development of cryptocurrency in bulk, with various advantages that I think crypto will be an important part of the future of the world and will not die

You know, the development team is not interested in competition between altcoin. They do their best to bring a liquidity, a new technology in their project, but they don't think about any competition between these projects.

When altcoin is based on BTC is would never be able to become BTC competitor. The same thing should be said about Ethereum based tokens.

Competition is what we need for market to recover, but it is clear that competition should be fair. Now there is no rules and it gives fakes a lot of space.

There are too many coins and it is one of the main problems that should be eleminated in the nearest future. I hope that most of community members understand it.

I think all of these currencies will fall down eventually. And national and international backed by banks with huge amount of caps behind them like Ripple will last. People trust these more to invest..

more days, more and more new coins are popping up. so that we become confused and very difficult to distinguish between one another. but in my opinion, the new coins cannot last long, after they have finished ICO and listing in the market, over time the new coins will die by themselves because they are unable to compete in the market.

no doubt at this time more and more new coins are popping up and I also observe many new coins that are not worth the price when registered in the market and of course it is very detrimental to investors. but there are also new coins that survive because their projects are consistent in developing them. so if they go back to their respective projects if their project runs then their coins will stay alive but if their project stops then they can be sure their coins will die.

Competition between Altcoin is what bring the best technology and development to cryptocurrency ecosystem and experience.  I like it when the competition drive project to deliver best possible product and service!

The number of coins and tokens will be corrected for sure. Some of them are so worthless that exist only as a contracts with no asset movement.

the rivalry between Altcoin it was not able to be avoided, because the market situation that demands each coin to strive to become the main coins are able to generate more profits. so I use the time to monitor the State of the market, especially in competition.

There is a pretty hard competition right now. But despite the fact that XRP has overcome ETH today, I think ETH will take it back but XRP will be replaced by much more great coins, like LTC, BCH, IOTA or NEO.

I think altcoin will be a very large coin, therefore we have to choose a good altcoin to invest, for example like ethereum this coin has a very good opportunity in the future, is the parent of the ico coin and the price will go up.

There is a competition, they are trying to fight with each other and no one knows who is going to be a winner in this game.
But I bet those developing its product will show us positive results

The competition - that's what we need for the recovery of the market, but it is clear that competition must be fair. Now there are no rules, and it gives a lot of space forgeries.

I believe that at the moment the market of crypto-currencies is changing and it is not known what it will be after it is restored. I am saying that the number of new projects is decreasing, since it is harder and harder for them to raise funds for their development, as well as regulation in some countries. I hope there will be fewer projects, but they will create working products / technologies that can benefit.

Since most altkoynov are copies, I do not see any real competition. Only platforms that offer something completely new, and claimed to have a chance of success.

That's right.  Now we are seeing a very large number of coins on the market, but without a finished product, they become empty, so very many in the coming years will simply end up in a landfill, and competition will only happen with the help of strong hands!

When altcoin based on BTC, he can never become a competitor BTC. The same can be said of the tokens based on Ethereum.

As for now we are seeing the flow stable depite the lowering of prices this years and it seem it wont stop for now. I think we just have to adjust ourselves in this market. nased from what I have observed, BTC is self dependent while altcoins are dependent purely on BTC and thats the truth

The unrestricted competition even with all the bad things like market manipulation and pumps and dumps is a good thing right now. But that will change when the market matures. There is only going to be a few huge winners to come out of this whole space

Too many coins, and this is one of the main problems that must be resolved in the near future. I hope that the majority of community members understand this.

Agree the ripple is not much I like the coins a lot of coins and especially the team for investment is not very suitable I think Ethereum for me head and shoulders above

Altcoin or Bitcoin for me there is no difference, because I treat them only as trading tools. My primary goal is to make money, which is what I do without falling in love with projects, although sometimes I really want to. It helps me sell when I need it, and buy when it's time for it. I follow my trading strategy and only because of this I keep afloat.

Coins that doesn't solve any real world problems will definitely lack utility in due course and will die out eventually. New projects will also make their way in to the market. It likely there will be more coins in the subsequent years.

Now some tokens began to disappear, and new ones took their place. Therefore, I think that the number of tokens will not actually grow.

Only bad altcoins will compete. Excellent altcoins have their own positions. They are very confident. Usually mainstream coins have this consensus. Competitive altcoin does not usually have a good future. Just like bitcoin, no coin dares to compete with him.