Bitcoin Forum

Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?

There can never be too many altcoins, only the ones with the best technology and most adoption will thrive. 

Are there too many apps? too many businesses? This is how capitalism works. Everyone tries to improve on an existing product and make money off of it.

Altcoin are the the alternative bitcoin. After success of bitcoin their are many new cryptocurrency introduced in the crypto society. Altcoin are as need as bitcoin. Although their price are lower than that of bitcoin but still they are important. Altcoin like litecoin provide better transaction experience then that of bitcoin, it transaction speed is better than that of bitcoin. Ethereum like Altcoin has low volatile in nature which mostly use for long term investment purposes. Ripple has also potential to beat bitcoin.

yes, very much. so the launch of a new coin in the market takes a long time. and of the many altcoins that are on the market, they can't last too long.

In my own opinion I think Currently I will yes we have too many altcoins in the market, because the crypto market is not having many new investors coming into the space, but we have having new coins entering the market on daily basis, but with time as more people join, then it will match up.

they are becoming like stamps. Some are worth collecting, most are not! The skill is required to know the difference.

You have to remember that these are start ups and that most of them won't be around in 5 years. You are already starting to see coins being delisted by exchanges. There will be natural flow of new projects starting and failed projects dying, it is just a lot more visible with cryptocurrencies because in the past there were no liquid markets for startups and they would not even get on most people radar until they were already successful.

Every now and then a new coin/token is being created. Too many coins yes but only few can survive depending on situations like bear market and probably scam that will not deliver results etc. I think one solution if there's like a way to remove/delete those useless coins so we could select the best ones.

There are still many coins that haven't been statisticed in Coinmarketcap. This thing shows that to creat a coins is very simple

Yes sure there are many coins in the market but there are few very good coins in the market, In any market everything is allowed, but everything is not salable, So many of those listed coins will be out because of low investors and only the good coins will keep doing well.

Too many altcoins yes and they are listed on different exchange, so there is nothing really wrong about that in my own personal opinion because the crypto market is so big and in the future it will get even bigger.

The numbers of altcoins will continue to increase because there are so many projects that are coming but some will not last long because the team is lousy in improving the project until in such time that no more users will be using it. Only good coins will thrive and even getting to the top.

The die coin still counted by the CMC and that makes the number of the altcoin flooded. These guys are in competition to create useful product but the majority of them are not competence to do that.
so many scammers are so blindly with the money and that's why they are creating a lot of shitcoin.

I think have too many altcoins has never been a problem as without proper innovation and use in an altcoin or its platform it will just fade away in the trading platforms. The problems lies within the investors as they are the ones who put out money in this altcoins and if the altcoins fade away the investors will lose their money along with it.

First, i think you should review that topic an change the "manu" to "many." Yes, we have so many altcoins, but it is left for us to decide which we want to invest in by doing the necessary research.

Yes, there are too many altcoins and most of them are shit. Most people only hold and trade coins that are within the top 100 market cap. Pretty sure we will have lesser coins when the crypto hype is over. Few years ago, everyone make their own coin for any kind of things. Right now, everyone makes an ICO for every idea, no matter how unfeasible it is. This behaviour won't last long.

Yes there are really too many altcoins listed on different exchanges but it cannot affect them to the whole crypto market, some excess with a good reputation and some still striving to get into the top and the rest can achieve nothing, it depends on the team behind on each coin.

Sometimes it's very confusing, there are lots of coins out there, but if you can see each coin has different functions and features. for example as a smart contract, payment method, storage purpose etc. but what I'm concerned about is that there are too many duplicate coins, where the difference between the original and the duplicate is just a little. Anyway there is a typo in the title you should edit it asap.

I don't really think so, the whole 1k plus coins are not listed on the one exchange? they are listed on different exchanges, you can't find an exchange that will list the whole coins in the market?

looks like it. if they were as much success as they are in quantity, it would be amazing. and still it is a great variety of choice, for each taste

with the development of blockchain technology, and the various features that the coin offers, I think this is only natural, and may continue to grow later,

Cryptocurrency are the upcoming currency. Their popularity increases everyday day. Their profitable criteria and advantages attract many people to use it. Like bitcoin is altcoins are also profitable and popular. Litecoin is mainly popular for its online money transaction facility which provides better block size and fast transaction experience. Ethereum is also an profitable cryptocurrency help in the case of investment. And like those some other Altcoin like ripple dogecoin are also good.

Whoa!!!! for 2 months there were 500 altcoins. That's a lot. I believe most of these coins are useless and this is a coin dump.

The number of Altcoins is very much today, but it will increase even more in the future. Many will disappear in a next bear season.

That is reality about this cryptocurrency world, because crypto is very popular now ,there are many who would like also to establish their tokens in the market, so they launched an ICO project to introduced their tokens ,and luckily be successful then it will be registered in the trading sites and coin market cap and then it will become another altcoins ,so it will add more and more coins ,that is why there are many alts.

The market is actually rapidly growing now a days. One year ago we had less than 1000 coins in CMC, but now its almost doubled and way more which haven't been reached to CMC yet.

true that. but its all on us on which one to choose.
There are worst altcoins and there are also the super awesome ones.

Yes we have that problem with to many alts this thing going under control,and confusing lot of peoples...but this happens becose we dont have ico regulations realy need to delete many dead alts and copy paste..

Too much in the crypt coins. There is bitkoyn. He stands apart from the rest of the alcove and he is therefore more gifted than everyone else. Neither does the etherium depart from bitkoyna because other tokens are attached to the ether, and all other alcas are independent of the above crypts. Their price can be different.

There is definitely too much altcoins at the moment, but the problem isn't that, the problem is that most of them are just coins that don't even offer an innovative idea.

Then the question is, 1000 alts is too little alts? Can you imagine how many companies exist in the world? There are 45508 companies listed on the stock exchanges around the world alone. Thus, if every company will make own token, then we will have that much of alts. I doubt that we can say we have too many alts, surely we do not have that great liquidity for most of them and that is the issue.

I will say yes there are many Altcoin , but most of them not survive three or four years they delisted from exchanges , and some failed project  probably many of them are scam .

In my way of thinking, the number of the new altcoins on the markets are increasing extremely. I think it is impossible that all of this coins can have the necessary demand on the market. I think every coin should be more unique and innovative to stay strong.

Let the free market decide how many alt coins there should be.  Eventually these things work out as long as governments and big corporate banks step aside. 

Now with the SEC getting into the act god only knows how corrupt and out of control this will become.  Be ready to be nimble in the upcoming year.  Things are drastically changing and the big boys are coming in to take control.  Millions will be made and lost in the process.

I think 99% coins that out of top20 cmc are just a bubble. Now we have young market. I think 5 years later we will have 30-50 coins.

I don't think so, because many of the altcoins currently have their own advantages and of course this improves the performance of the previous altcoin to make it even better. that way, many altcoins are created.

From this diversity the real price is not more than 50 coins. And the potential for development have even less. Watch carefully. Among these Alts a lot of scams.