Bitcoin Forum

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?

Im not thinking too much about new coins emerging, im not that interssted.
Ive been there and got the new coins which promise so much but have not
developed. Its a tough road delivering a new coin with a working viable
technology ir solution.

Im not sure there is any positive impact on bitcoin other than it has to be
bought and sold using bitcoin, it might attract new people into crypto who
will eventually realise that bitcoin is the one to focus on. Anyway in the
end it is reducing bitcoins market share.

More the coins into existence, more will be the spreading. At some point people tend to use one or the other for trading or for some other form of transaction needs. Because each and every coin into existence comes with a product and unique value. Some use it an opportunity to scam people with scam coins. So, new coins provide with good as well bad. It's upto us to pick the right one and use it for the good.

new coins at this time there are those that benefit some that are not profitable for me, I have to study carefully about the coin seeing the price is also not from choosing and trusting my advice so

Most new altcoins are made for trading you rarely see them have any use outside exchanges.

One positive impact about altcoins is that it can help reduce Bitcoin on chain transactions.

I guess more new coins for them to profit on but they're just exposing themselves to more risks since the price of altcoins are somewhat tied to Bitcoin they can be more volatile than Bitcoin.

This couldn't be further from the truth. Almost every new coin or token that is being launched doesn't have a working product. Hell, most of them don't even have a working team, working code, a whitepaper, a github, or a wallet. 99.99% have absolutely no value whatsoever, let alone a unique value, and certainly no real world use.

Almost every coin created these days is designed for one thing and one thing only - to make its creators some easy money. They are relying on newbies and the gullible to throw money at their project so they can make a quick buck and disappear.

New altcoins appear to be good for the crypto market. Because it is altcoins that have brought capitalization to the crypto market and helped investors have more choices to invest.
I think more and more businesses will be formed because the crypto market is potential. it is also the need of many people who want to make easy capital calls.
Generally, the more the new altcoins appear, our market becomes better.

Many of the new coins and tokens try to get an advantage of the cryptocurrency hype that exists.
Of course, there are some that have a true application in the real world but people are afraid to invest in them due to the regulations that exist for these companies. I think that these new coins bring more capital to the Bitcoin market but when a bubble blows (because of many of them are scams) the price drops significantly.

"Blockchain is getting recognized" and "Cryptocurrencies are getting recognized" are absolutely two different things. There are countries where cryptos are not a legal tender but government has started using blockchain into certain areas of their operations, example is India. However, lets get back to the main question,

1. New coins and tokens are actually harmful and not doing any good to the community. The investments and money flow are getting divided which could have been flown to the bitcoin and other few main currencies like ETH or TRX. (I don't consider Ripple as a crypto).

2. None that I see! Apart from few people are getting richer by siphoning public money.

3. More pairs to trade and a rise in speculative activities.

Hope this helps!

One of the imports of the 2018 clampdown by government agencies was targeted at the increasing number of ICOs most of which are scammy. This move has greatly reduced the number of coins entering the market. Any new coin entering must be a coin with value and a target specific solution.

Most of the new coins we have in the market are just and ideas and 95% of them are not yet developed.  I think we are going to have more of them coming up in future that should not affect our own bitcoin as bitcoin has established great ground.

I doubt most of these new coins will be significant in the future. I'm pretty sure only a fraction have a ligitimate road map and product. The past few years should have already taught us a lesson about these upcoming coins with the large number of people who lost money investing in them. It'll require huge amounts of time and effort to study these new coins and even then you can't be 100% sure about their legitimacy.

As long as the new coins has something to offer then why not? The problem is that majority of the coins that pops up has nothing new to bring to this market. And worst, then are just being used for pump-and-dump.


No net positive to Bitcoin. Because Bitcoin investors are getting smarter by the day. They would rather stick to Bitcoin rather that trying to join a new coin and risk their hard earn money.


Of course, if you know how to play then you can make a lot of profits by joining the bandwagon and then exits when the bubble is about to burst so that you won't get trap.

the positive impact is the large number of choices for investors or traders when the price of bitcoin is considered too expensive. but if there are lots and lots of them, then the impact will be on the coin itself, because competition will only get heavier and eventually there will be sinking.

The more coins and tokens there are, the more demand there is for Bitcoin. People buy Bitcoin and send it straight to whatever altcoin exchange. Coinbase and Binance are the perfect examples.

Coinbase functions as fiat entry point. Most of what is bought there in Bitcoin ends up being sent to Binance for trading purposes. Binance's cold wallets count over 200k of BTC, and these are only their known wallets.

At the end of the day, even speculative use is use and an important utility. Without altcoins and tokens there would be so much available coin supply, that we would be hovering around the $1000 mark by now.

I don't think much about the emergence of new coins, unless they really offer real-world utility. Most of the new coins are just around for the money-grab, not real-world utility or even smallest of innovation, so I don't really want to get myself involved on such coins.


None, for as long as bitcoin is still the most widely-used and trusted cryptocurrency there is, these new coins are still there to just create wealth out of thin air.


Perhaps people can find some use for them on special occasions, but for the most part I don't see any benefits on these new coins except for trading purposes, most especially creating money out of nowhere. That's why it's slowly becoming a highly-regulated area: authorities found out that the scheme is being used by people to get rich and are trying to fool the system in more ways than one.

New coins just take up money that is supposed to flow into bitcoin, that is, it just reduces bitcoin's market dominance. One could argue that new coins are created to solve a problem and will be useful in the future but all of it are just in theory. The said coins are also used to scam new people in this space which hinders adoption.

The existence of crypto is keep on increasing and now crypto is gaining quite high popularity, but the increasing of crypto coins number didn't give a positive impact for the crypto world infact many of the users feel the ICO that keep on appear destroy the market condition and make the bitcoin price sliding down, the traders maybe got the advantage of the new emerging coin, they got more choice to trade

I think the benefits that the new coins brought to the cryptocurrency is that investors will have a variety of coins to choose and trade which they can have profit with. More coins means a lot of competitions on most of the coins but those with high reputation will most likely emerge to top 100 on the list.

New coins that appear are good news, which means that the general public is beginning to accept it as a promising investment because we can become millionaires or bums overnight.

I have to again completely disagree with everyone on this thread who is saying that new coins with no working product are still beneficial to bitcoin as they attract more people. I think the exact opposite is true.

First of all, most new coins are in fact tokens built on Eth or a similar dApp platform - these tokens are bought with the parent coin, not with bitcoin, and so no money has to "flow through" bitcoin for these coins to be traded. Secondly, if we have a space that contains 2000+ coins/tokens, and >99% of them are worthless, have no product, scams, pump-and-dumps, etc, it gives off a hugely shady and unprofessional view of cryptocurrencies, bitcoin included, to the outside world.

I for one hope that most alts will die, and we can all get back to focusing on the coin with both a working product and real world use - bitcoin.

I think all three are very different from each other. First of all on first question I think new coins are something we direly need, most of them are horrible and probably going to trash but even that 1% or even less rare coins that actually change something can lead to a whole new level on crypto space which is why we still support all of them with the hopes of finding that gem.

Second question is basically just stating what I answered on first one, there are some new ones who are so great that we try to put all our money into ICO with the hopes that the one we support will become that "new coin" that can change something.

However, the third one is totally different because ICO is an "investment" period and not a trader thing, traders only care about the ones that are listed on places like binance. Hence why it is really not tied together.

I'm not against each and every coin or project, but more of them means more money flowing into shit projects where people will burn themselves hard. I wish Coinbase stopped acting like a dick offering retarded shitcoins no one cares about. Instead, they could do their best to improve infrastructure for Bitcoin and even Ethereum as most of their revenue comes from these coins.

On the other hand, Coinbase is subject to what the DCG has planned in terms of boosting their own portfolios. Sad to see that just like Blockchain.com and BitPay the shareholders are deciding what the roadmap will look like. ::)

Even if no altcoins means less demand for Bitcoin being traded, then so be it. It will organically make people go for Bitcoin during the next run up so there isn't much to lose anyway.

It is concerning the number of people who don't seem to realise this. They see Coinbase listing coins like ZRX and MANA, thinking that this somehow signifies an endorsement of the technology/roadmap of these coins, when in actual fact all it signals is that Barry Silbert and other DCG higher-ups are bag holding these trash coins.

After all their shady inside trading around their launch of BCH support, it became clear that Coinbase doesn't actually care about advancing crypto in the slightest - all they care about is profit for themselves. It was no surprise, really, that they chose to ignore their own criteria for which coins they would list and instead decided to list a bunch of trash because they wanted more profit for the shareholders.

1. I think that we already have too many coins with no actual use that take advantage of other coins like Bitcoin to get some value so from now on it would be good for developers to find first a use for their coin to the real world that would give it value.
2. If more coins with real world application appear then demand from people will come and they will be popular. Then they would serve the whole crypto market and Bitcoin.
3. Coins with real use means that if a trader invests early, they will get profit on the investment. Because this will be a product that people will use.

First of all, most of the altcoins are either totally shit scam coins or just a clone of another coin which eventually dies. Same goes for the tokens. Most of them are just scam and are used for pumping and dumping.
Secondly, I don't think they have any kind of impact on bitcoin. Its just that they are having negative impact on the community (that is people getting tired of those shitty scam coins).
Thirdly, no such benefits for the traders. If they are lucky during the pump and dump stage, they will be able to make some good fortune.

Already many people who know crypto I think this is good for future developments, the stronger the crypto community will have a positive impact so that crypto can be used according to its function.
For the emergence of new coins, there are still many who are studying for their development and influence, new coins are not all that we imagine so prices are still below the level. Has the impact that the development of the blockchain is increasingly widespread and well-organized.

Majority of altcoins that launched with ICOs didnt even have any viable product to launch and they simply raised funds and delayed development. Their excuse is that they cannot liquidate funds received in the ICO into fiat currency to pay for the expenses but being the owner of a startup people expect them to have taken a better management and decision making to face the market movements.

In another sense this is a good use case of how the market volatility affects projects that are funded by that currency. People know of this but still they invest, why? Because they are willing to take the risk of being rich even if they are poor.

This dreams of being a king while we are all still paupers is what often destroys people's lives

I follow the release of new ICO projects, and I don’t understand much, during the ICO period they collect large sums, but when tokens enter the stock exchange, they drop in price, it turns out that everyone wants to sell tokens, but no one wants them buy.

   Many bounty participants, including early investors sell their tokens. This sell off affects price to dip, it`s happen with 90% of ICO`s.
Some people dump their coins and when price drops a lot there aren`t new buyers.
   This shouldn`t affect project itself! But when entire market suffer from downtrend, project that collected Bitcoin, Ethereum, after
some time face with financing problem, raised amount is lower.
    I keep my tokens from bounties I participated. I`m long-term holder. Not everyone sell their tokens right away.

1. I noticed that they're almost the same. Each one of them offers anonymity, fast transaction and lower fees, that's what I usually think of their common similarities which is somehow very upsetting because the uniqueness are gone. I hope there would be more coins emerging with great concept or at least have actual applications such as ETN (offers mobile mining), IPL (for insurance), EGC (related with environmental matters) and many more.

2. Nothing except for the hype it can produced thus resulting to more people engaging with cryptocurrency. The more crypto investors, the livelier the market.

3. One thing, for pump and dump. This is the sad truth. Majority of the investors do not look on the essence of the coin, they are more focused on trading it and and get more valuable profit (in terms of btc or cash).

I don't think emergence or creation of new coin is necessary nor newly created coins are profitable anymore in times like this. I actually wonder why they keep on creating new ones when in fact old coins hardly survive this long plummet. I don't think it's beneficial to them neither for the traders. Almost everyone is having doubts whether they will still invest or not, even the long-time investors or traders. These new coins will only add up to the FUD about crypto because people would always think that cryptos are all the same scam, or they would just be another lousy competition which makes it even harder for top coins to go up.

Sometimes new coin have different function and maybe more faster on transaction confirmation. The positive about new coin is more investment option, not only in bitcoin. Making a research before investing is important, right now many new coin is a pump and dump and dont have real project

The CRYPTO market is still evolving, several new coins emerging daily, most are shit coins without a valuable project, when the market stabilize/recover, project with existing product will recover along with it, coins without a valuable project will be extinct.

If you dont understand much you should not attempt to put any money in them. Naive people who have no idea who ICOs operate or have prior experience in then should stay away and focus on bitcoin and the top 10 altcoins except the forked coins and ripple. If you are enthusiastic about participating in an ICO do your own research in depth about previous successful and failed ICOs first.

Crypto-exchange not stock exchange.

An immediate drop is imminent because of bag-holding cashing out their money. Those who invest in every other new ICO and dump on getting listed to cash out and then move on to the next ICO. All these questions you are having wont arise if you are going to do your own research. ;)

there are so many kinds of new coins that have sprung up with their respective goals and there are many of them who are able to be well received in the market. and With the arrival of these new coins, the traders have broad options to be able to trade with various types of coins, but we must be more aware of new coins because sometimes they will also lead us to defeat.

To be honest, I doubt the new coins. Or rather I do not see the point. There are already so many of them, but instead of developing what we have, they make new ones. What for? unclear.

I do not feel the problem with the increasing number of coins popping up, but in doing so more and more fraudulent and worthless coins give losses to the bounty hunter.
but with the number of coins popping up, it will provide many choices for traders to trade in various coins.

A lot of new coins are popping up because crypto is free so many people can make their own coins. But it would be good if the coin made developed well, but now many new coins cannot develop and eventually die. So that many people are harmed. Naturally, many people don't have interest in new coins. and prefer old coins that have clearly been developed. If a lot of new coins are developing, of course there is a positive impact, but in reality only a few new coins can develop. Perhaps the benefit of the emergence of a new coin for traders is that there will be many choices so that you can choose coins to make a profit.

There are a number of ICOs who have succeeded in their sales even sold out, but I am still surprised why when Tokens entered a cheap exchange the cheap ICO prices, how investors who buy more expensive when their ico even the development team doesn't work well.
Maybe the benefits of the new Token are only momentary and after that stay to avoid risk.

at1. Feels like ctrlC-ctrlV to me, especially with erc20 tokens. Probably because its all literally copy-pasted.
       Nothing new in terms of ideas nor execution. Same patter all the time. It's boring, laughably lazy and uninspired.
       If it about new stand-alone blockchains, things tend to look a bit better.
at2. If there is any impact its not positive unfortunately. Market is getting oversaturated, focus is lost and bitcoin is suffering bad
       press, stupid gossips etc.
at3. Mainly an opportunity to make some bitcoins or cash. Obviously in short term only as there is no doubt in my mind that
       no professional trader is interested in any given coin functionality.

We haven't got any tokens listed to the stock exchange. All that getting listed to is the exchanges. Here when the crowd sale is open people buy tokens at a price with discount. When listed to the exchanges when there isn't circulation automatically the market will decline. This is the cause for price drop.

The positive impact of new tokens and coins is that it an evidence that the cryptocurrency industry is constantly developing and the evidence is the presence of new coins in the network, and again this new coins give the community members the chances of becoming a member of new projects and doing that through their ico stage.

Like it or dislike, we can't prevent it, it's just that I feel this is too much, from here human nature seems very "greedy". Some people may always think positively, but I don't, too many owners / developers are careless and irresponsible.

this is free marketing for bitcoin. the more new coins that are born, the more people will hear about bitcoin. but it creates negative opinions for many people.

nothing, because a lot of people scam, so many eat victims. especially new traders like me, tempted to get a lot of profits, finally buying new coins, but eventually only get a lot of losses, the price of coins becomes dust, left by developers who have gotten a lot of profits from ICO / STO or whatever it's called. Not all, but mostly like that, only a few projects are successful and able to survive.

You are too late to the party, mate

New coins are of no particular interest to anyone these days. Of course, it doesn't mean that there won't be any (as some certainly will), but you have to create something really out of the way to attract the attention of the crytpopublic. Right now we are waiting for the vast majority of altcoins (otherwise known as shitcoins) to kick the bucket, not to rise and shine. So it is kinda the wrong time for new coins

There might be many projects coming up on a daily basis but the fact remains that there is nothing interesting or worthy to look into, when ETH was introduced it was a big deal back then because you could create tokens with it and then the privacy related coin and the stable coins, but other than that what interesting project have come out in the past few years, basically nothing that could interest everyone. We would have being a great community if we only had bitcoin and nothing else. ;D

Basically nothing note worthy.
Hope you meant bitcoin, no impact what so ever.

If you find a good project and invest in it, then as a trader you might end up in profit but good projects are rare to find now a days.

I can't think of any impact maybe positive or negative of new coins that are coming out to bitcoin because it is true that  there's a lot if them. me personally I have not really benefited that much in these coins. I been scammed several times and if not token price are not really that profitable. anyway I still hold them, waiting for a better value. 

so easy for people to create coins, to make lots of new coins appear, but unfortunately not all have value and last a long time, I don't see any positive impact on bitcoin, instead with a lot of new coins that fail and seem fraudulent, it gives a negative sentiment to the market crypto, many people are more careful to invest here.
New coins do provide a lot of alternative investment options in crypto currencies, but there must be a filter so that coins are unclear and only become trash so that they are not in the forum even to make ICO even though

And you're doubtless correct about this.  I came to this thread looking for posts to give merits to, but all I see from the lower-ranked members are a bunch of shitposts which indicate that they have no idea what they're talking about.  I wouldn't pay attention to 80% of what's in this thread--and even the OP is a poorly-written mess of a post.

I agree with your other post, that most coins are just useless copies of others and offer no advantage over anything else that's on the market.  The only reason they keep getting churned out is to line the pockets of the developers at the expense of the suckers who buy the shitcoin.  After a year or so, any given shitcoin ends up in the Yobit 1-satoshi graveyard of coins that have no buy orders and never will.  In fact Yobit used to give free coins at one point, which you could claim every day or so--but they were the worst of the worst and it wasn't even worth the time to click the buttons in order to get them.

Can people seriously stop writing shit like this:

These have no value whatsoever.  I'm really trying to give out merits here, but stuff like the above are what discourages me.

Many new coin have lower price after listing at exchange market, last month we got founder ICO from Indonesia Oscar Darmawan created lyfe ICO, but after listing at exchange market lyfe price is lower than ICO more than half, its why I can't trust with ico now.

Very strange logic here

You say that new coins are free marketing for Bitcoin and then you proceed to say that they will produce negative effect on people's minds and opinions (the point which I agree with). So how is it free marketing really? It is negative publicity and it is definitely not the case when any publicity is good publicity. Further, I don't really think that these new shitcoins will make people more aware of Bitcoin. I'd rather say it works in reverse order, i.e. people learn about shitcoins through Bitcoin, not the other way round

First of all, the new coins that will go to the market sooner are more established compared to others. Facebook is trying to develop a coin/cryptocurrency that each of their users could use for their social media activities and so on. For example in games and streaming. People tend to spend money through gaming and watching their idols to do so. Cryptocurrency/new coin of this type is very effective and will become the most established coins ever.

Only time can properly "establish" coins

That's one of the reasons why Bitcoin itself is still at the top. The same Litecoin is technically a better version of Bitcoin but it is not even the second best in terms of either market cap or price (though it may be the one in terms of actual use). In other words, this room is crowded (if not to say overcrowded), and it takes a lot more than some well-known and recognized company like Facebook or Apple, or whatever to launch its coin and push it to the top. That's likely another reason why we don't see such coins in real life

Many utility token created by new developers team with different purpose and i think its good. I dont think new coin will give positive impact on bitcoin because its different purpose. Bitcoin still the king in cryptocurrency market and trusted investment in market

At the moment, projects are not in a hurry to conduct ICO and generate their tokens, because everyone is waiting for the improvement of market conditions, so there are practically no new, really useful technologies / projects. But if there are new projects, they have no effect on Bitcoin.

My opinion in this regard with the emergence of new coins and tokens has positive and negative effects.

1. The positive, gives the opportunity for beginners to succeed also in the world of cryptocurrency.
2. The negative, because people cannot get old coins, except by investing for those who know. while new coins can still be obtained by participating in bounty projects etc.

Now the Cryptocurrency is increasingly recognized by many in the world. With blockchain technology.

New coins are good to keep things interesting, even though majority of them are worthless soon to be shitoins, it ensures that the crypto world is an active one. Without new blood the market would be stale.

Technology move too fast for reality. We will be seeing more ppl with lost income. And the hodler for their children will be rich. Crypto is becoming the future of ur investment.

why do I say this is free marketing, because in my opinion every coin or new token will try to release the market with a BTC pair, so that the investors and the coin community will indirectly see the BTC ticker, for novice investors and community members who are new to crypto will try to dig about "BTC" "Bitcoin".
Giving a bad effect to BTC because a lot of developers or coin teams are not responsible for their projects, unable to maintain and be directly involved in the market, so their coin prices are destroyed, eventually investors and their communities are disappointed, because they feel their investment fails and loss. for those who are impatient they will panic sell. and some will not believe in crypto including BTC.

I think it works in the reverse order in the majority of cases

I mean people first learn about Bitcoin, then about some altcoin. It is possible that some "novice investors and community members" may first hear about a major altcoin (for example, Litecoin or Ethereum), but it doesn't look very likely that they enter the cryptoscene through some unknown altcoin. I don't say that it is completely impossible (as it is definitely possible), I basically say that the odds of that are really low. So no free marketing here

Well, you should not blame the ICO Founder about that, you should know better as an investor. There are a lot of promising coins in the past that arrive at the same fate after the ICO. A lot of people are disappointed since a lot of bounty hunters are selling their share at lower price so the tendency is the price will fall down as people will put their currency more lower than the other. We should not blame the project about what happened unless they have their own failed tasks as the ICO founder.

1. I think it will give healthy competition for every coins/token so they can compete to other coins and the new coins can prove that they deserve to get a better position.
2. I don't think that it will give positive impact to bitcoin, but maybe I am wrong because as far as I know, a coins/token will gets impact from bitcoin price and will follow with bitcoin price.
3. The benefits for traders is they can buy the coins and trying to make more profit from the new coins because sometimes there is a flash pump that will happen in the market.

on the other hand sometimes unsold tokens are not burned, so this causes prices to fall after listing on the exchange. I think that not all tokens always fall when entering the market, for example coutinghouse, where the price actually skyrocketed when others went down. therefore we as investors must be smart in choosing ico

Not all of new cryptocurrencies are valuable so we should only pick some new cryptocurrencies when making investment. Most of the new altcoins nowadays are not promising and worthless. We will only lose money by investing in that altcoins.

Most of the new coins right now are worthless to buy because of it doesn't have potential in the market. It is better if we will but coins that are popular and have strong support from the cryptocurrency community for us to ensure that we can have high returns.

Iam on many ICOs in 2018, also became bounty participants in many projects. automatically joined the project communities, some cases I found investors did not know about bitcoin, they came from many circles, some of them became investors just because they think they can get a lot of profit in a short time, and their background is not from the world crypto, they have heard about blockchain, but have not known bitcoin, some have heard, but have never entered the crypto world. Partly because of friends' advice and entrusting their money through suggestions from such people, such as brokers. These people are indeed not too many, but they hold a lot of funds. The fact that there is a bitcoin around me does not get a positive response. maybe above 50% say it's illegal.

You are somewhat contradicting your own statements here. You believe some altcoins to be other putting your money in - again thats totally your personal choice and I respect that even if I disagree.

In the next statement you are saying that they are worthless.

I guess this has been true for many more people who put their money into shitcoins but ended up losing more than they would if they kept their money intact? Its not that putting the money into bitcoin would have solved the bear market downtrend - then also you would have lost money but maybe not to that extent as the altcoin because we all know that bitcoin has a deflationary growth rate.

I think the new coins still have to struggle to gain investor confidence, not as easy as we think it is to develop. It takes time and it requires many interesting events, so new coins will become future coins.

I think the most visible benefit for traders with the influx of new coins,is in the area of diversifying your investments,if we had only a few number of coins,then it would be difficult to put our money across various coins.
But with the more alts coming into the market,it gives up the opportunity to diversify.

I agree with this.  With so much negativity already surrounding ICOs and so much money lost, it is going to be much more difficult to gain the trust of future investors.
It was much easier before- hell people were sending their BTC/ETH to ICO projects the minute after the white paper was released.
People seemed desperate to be a part of the ICO craze but the bear market has certainly slowed that down.

The emergence of new coins have advantages and disadvantages. One good advantage is attraction of new investors through their advert and one of the disadvantage is that most of the project fail or scam investor thereby creating negative impression about cryptocurrencies.

I think the point is that there are still some good ones, but very rare, like one in 100 or even less chance. Hence most of the time investing into new altcoins is a bad decision, there is a bigger chance of winning on gambling than just betting your money into a new altcoin. However there is that off chance of hitting the good one. Just because there are thousands of horrible coins that are totally worthless out there doesn't mean there are good ones neither.

For example, IOTA is a good example and it did provide with a lot of profit to many people. Hence what people are probably trying to say is that, even tough yes there is a slight small chance that you make a profit there is also a huge chance of losing money which makes it not worth buying all the new coins since the result will be bad even if you end up with one good one if you invest into thousands of new ones.

I do not mind the new coins that emerging nowadays because I know that they do not have potential in the market. Most of the new coins are losing its value immediately so I know that I will only experience losses if I will patronize new coins.

My opinion about the emergence of new coins is, the more coins the Cryptocurrency will be increasingly recognized by the public. And for a trader, the more coins, the more choices we can trade. in my opinion, if a lot of Cryptocurrency coins appear that signifies the development of this Cryptocurrency is still advancing.

/

Most of the tokens or created in the recent days for the purpose of money making because now crypto is like most profitable business with less capital.
Not much,they were destroying the reoutation of crypto currencies by giving shit projects.
Just for the purpose of bump and dump.

Some of them are good and some are not. Better to keep your safety first before buying anything that have a different ticker with BTC or ETH.

The only good thing is when this new coins is using Bitcoin as means of payment when buying their tokens. It will somehow redirect the buyer to a new knowledge into knowing what BTC could be.

I see that they are abusing the new tokens. Taking profit upon listing and then just leaving it there when they got what they need. Mostly, that is what is happening. I dont say all of them.

Yes, everything is simple. From the new coins does not make sense. They are created just like that. The maximum benefit from them only to traders for a short time and no more.

I do not think the emergence of new coins will not make all good ICO unprofitable nowadays it is very difficult to attract public confidence in cryptocurrency where some people are selfish without keeping investors well, the first point is a lot of fraud everywhere, small examples of making a reputation crypto is not good in the eyes of the public, it is very difficult to fix it again, some of them are worthless because of the increasingly fierce competition, I hope the people who created everything can bring their position to the better.

I am not against new coins but when you see the majority of them are scams or are projects that do not deserve to get any funding then you quickly realize that those projects were created by scammers and have no real intention of developing something despite their claims.

Those coins have a negative impact on bitcoin and in the market in general since people do not trust in those people and their coins, and with good reason, so this creates an image of the market that it is full of scammers.

Finally the benefits for traders are significant since the more coins in the market the greater the chances they can find a coin that goes up in value faster than the rest of the market and they make profits that way.

At this situation there is no big changes will happen when a new kinds of tokens when came to this market and people will also not get ready to invest their money and waiting for long time with holding their investment especially new currency had a lots of difficulties to invest so this will take long time to attack the people for investment.

That sounds more like a pump and dump scheme.

This is partially true for many coins out there which were pumped and then the owners dumped it while in the bull trend. In the end you are parting with your precious fiat and bitcoin to buy those shitcoins which have no long term value in growth. Unless you are a bagholding advisor of a certain project, I dont see any reason why any trader would continue to hold a shitcoin during a bull run but rather sell it for the profit and get out.

New coins always come with new marketing and advertising and as such actract investors.  Traders always like to take those advantage because of the volatility of the market.

Indeed, new coin and token in market without working product is just like pump and dump project. When the price looks bullish, developers team selling hard their share and dump the project. Better make research first before investing in new coin

Most of them are without a working projects, they are just startups without finished product, all they have are big promises. But some projects are working on filling wholes, and flaws of existing coins. I think we are part of something big here, this new system that is creating in front of us will be very different in the future from what we have today. Just compare 2010 with 2019 and you will see how many innovations we have in crypto, and it`s not stopping here, like there is a lot more out there to be discovered. Where are good things, bad things follow, it will take time and lot of work to separate wheat from chaff, but it will happen in one moment, big cleaning.

Only to be abandoned by the devs once the listing is complete and the koolaid feeder crew has completed it propaganda dumping their money on unsuspecting investors in the middle of the day. Typical ICO exit to grab your money and then go into a "maintenance mode" to look for more venture capitalists to feed on.

That is irrelevant in the context of new coins. It would be relevant if it was a already established coin.

Thats is also irrelevant to this discussion because it is about new emerging coins .

But the hype created from the advertisement is not going to keep the prices higger for too long so only the people whonare early to it will have chances of getting profits and now a days it is hard to find a project which is capable of getting succeed even in ICO level.

Just because some ICOs and altcoins end up being scams doesn't mean they all are.  There are is a lot of exciting new technology in crypto that could have more mainstream uses.  Some people here like to dismiss everything that isn't bitcoin and call it a scam.  By doing that you are missing out on the potential of 100x gains that happens with low marketcap coins.

I don't like hypes cause it only give us losses as it happen. It is just like a trap for investors especially for new comers, those people who follow the hypes will surely experience losses in the end. Hypes couldn't contribute good to the market instead it ruin it and causes failures. That's is why mostly all newly created coins won't survive due to its declining price and it sadly that investors never look for its potentiality and aren't be competitive enough.

It depends upon the project to project basis. If the project is good one, people will still invest in the new emerging coins. Of course if there are many new coins people investments will be divided among the coins. People will convert their bitcoins in these new coins and therefore the dominance of bitcoin will reduce. If you remember when the crypto market was at peak in 2017, bitcoin dominance was reduced to 37 percent and people invested in many new altcoins at that time. Then When the bearish market started, we say these altcoins dumping a lot and people going back to bitcoins.

I don't think that we should only invest in top 10 coin market cap coins and ignore the new coins which can proof to be better in the long run.
Recently BTT was introduced through Binance launchpad and soon after ICO it listed on Binance exchange. Those people who invested on this coin in the ICO got almost 10x Profit and this profit cannot be enjoyed if you only willing to invest in Top Volume CMC coins.

I think we should choose the coin that is currently available to continue. like bitcoin. to suggest other coins is actually a lot but the risk is also very large. because we could be exposed to fraud from the projeck.

it shows that more and more people want to make crypto more developed and used in the future

it doesn't have any impact because bitcoin doesn't depend on anyone

in my opinion open the opportunity to get coins at cheap prices and sell when the market grows

To answer the all the questions generally I think OP's main concern here is will new altcoins be a threat to Bitcoin's dominance in the market? And I think the only answer to that question is yes, BTC's reign for being the top crypto in the market is numbered ever since new cryptos are popping out in the market. It's market share will be decreasing every time there is a successful ICO introduced in the market, although it may look bad for Bitcoin the good thing is this new altcoins have a chance to make the crypto industry more popular, and I think that is the best way towards mass adoption.

1. Actually sometimes it's makes me uncomfortable with things like this that are continuous, because some of them are just make some bullshit projects just for recover their losses from previous trading
2. I don't even think it will have positive impact at all, they just build some stuff from people's fund.
3. Getting entry in the new coins is just like gambling, especially if you participated in their ICO with this condition. When it listed in exchange, the open price could worst than ICO price, this things happened so many times.

That is what many investors are afraid of when they participate in the ICO, many tokens after entering the exchange will certainly occur such a scheme and there is often price manipulation created by the founder of the token at the exchange, hopefully there is no shitcoin anymore and more respect investors who have participated.

Most of the new cryptocurrencies nowadays are not worth ut to buy due to their weak team and advisors. Most of the new cryptocurrencies are doesn't have also innovations and improvements and that's why we should be careful on the coin that we are purchasing.

Indeed, many new coins that appear and according to their respective goals, but we never see new coins have the top position. Registered at CMC with low scores and must struggle to get better grades. New coins must be able to compete with old coins to maintain the quality offered.

There is no substitute coin that can defeat bitcoin and that is why people will be trapped if they are too ambitious in choosing coins that are actually at risk. trust in bitcoin in my opinion has been very large for people to invest anyway

indeed by choosing to invest in bitcoin it will give us a sense of security rather than investing in other coins. especially for those who are new to cryptocurrency. but for those who are experienced, of course, they will choose prospective coins so that they get a lot of profits

I think it's great that business, finance, and governments are even going on the blockchain and the fact that tokenization can help micro investors partake in the growth of local and world economies, this is a great breakthrough and can help many people on the road to real financial freedom. Of course, you need to be careful with scammers in this space as well, as they abound and so you need to do thorough research and due diligence before investing in any coin or tokenized project. I must stress this, don't just go on FOMO and FUD that is spewed out in telegram communities, make sure you do your research and then take a step towards investing or getting involved on a grassroots community level.

The emergence of new coins is a good development considering the coins are been created to help improve the blockchain technology.
The coins have different usecases and that's is good for the blockchain business.
I do not think that the emergence of these coins have any effect on bitcoin whatsoever.
Bitcoin is just like the king of Cryptocurrency, so the creation of any coin is incapable of reducing bitcoin's value or popularity .
The emergence of these coins would help traders and investors to attain financial independence .

This is usually happens before, but right now investors are more wiser now because new coins usually dumped in price when it enters in the market and investors see that opportunity to buy more. The new coins have a better potential if there’s a big support from the investors, and if they offer a good technology.

I think we need to support the existing currency first because then situation of the existing Crypto investment is being in a tough situation so supporting them will be the first priority for me and also emerging of new currencies will definitely be accepted but more than that there are lots of things to do already before that.

Well, this case to case basis of what project you are going to invest. Naturally, it will dump the price after listed on the exchange because those hunters only want is profit they didn't care about the project. Now, the best thing to do if the dev on the project has a buyback strategy to maintain the quality price of their product.
So, not all the project dumped after listed in exchange is profitable to buy, there are some others aren't recovering from the dip.

I am fine with the new coins as long as their products are solid. It unreasonable to prevent to prevent people from creating their coins just as it is unreasonable to stop people from starting their own companies.
However, unlike cryptocurrency there are standards that must be met by those starting new companies. Strong standard can be code for example on ethereum blockchain for Dapps creator or on separate non-blockchain platforms for all developers

1) As for me, people got carried away creating new coins. I do not know what they hope for of course, but most of them will not live a year.
2) I also do not know what effect they can have on Bitcoin, if they are new and worth nothing.
3) The only plus for traders is quick earning on them. If successful, you can quickly make a profit.

The positive impact of the new coinage on bitcoin is that there will be more coin exchanges / tokens against bitcoin of course if we see this supply and demand law will move the demand balance and because the supply of bitcoin is limited to eating automatically this will make the price of bitcoin move up and will Bitcoin holders.

Existing coins already gain the support from the investors and maybe give some time to support also new coins who are here to do our lives more meaningful. I understand the risk of new coins, so its good to have research first before you invest, some of new coins are worth holding, we are growing and it can help the market.

There are only few trusted new coins nowadays that the cryptocurrency community supporting. Most of them have scammed teams so we should really careful on picking new coins. We should study the coin very well before we invest our money.

I do not mind the emergence of new coins, but if they have a good development team. But the fact of the emergence of dozens of scam coins puzzles me. They don't have any value or future and just overload the market. Newbies don't know where to invest and choose those scam coins by mistake, which increases distrust of the market

The emergence of new coins as a sign of crypto's passion to continue to grow. But in the end the selection in the market that made the coin could still survive or had to die, because it was not in demand by trade.
It doesn't need to be banned, just let everything happen naturally because the dynamics in the digital world are indeed growing, in the end crypto users themselves decide.

It's been always the same thing that how the market is going on when a new coin will emerge if it being a huge success then a lots of opportunity will came for investors and promoters to gain more profits.

When new coins are develop in the cryptocurrency space it is a proof of that the industry is alive and flourishing as the amount of money in the space is on the increase,It  shows that BTC and ETH existence and value is sustain, but several coins are shit, as they have little or nothing to offer in the real global world, when the bull run commence several of such coins will be eliminated.

my opinion is that these new tokens are not needed by anyone, there is no demand for them, their price instantly drops to such levels that then it’s simply unrealistic to rise, well, there are of course isolated cases of good coins, but there are very few of them.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?
answer
1 in my opinion is reasonable, because the development of the era continues to advance and develop
2 the positive impact is that more people want to know the latest price prices and make the market more crowded
3 I think the advantage for traders is if these new coins can produce better profits for traders

In my opinion about the new coins that appear every day it will be difficult to compete with coins that have been around for a long time, so most new coins do not have good trading volumes.

I am agree. Not all new coin are worth to invest, many of that coin for scamming people. Its true many new coin have good project but i dont think many of that will survive and worth to hold for long term

most new coins are pump and dump . people usually go for them for an easy profit and result for the new coin to gain a trading volume but as soon as the hype subsided , the volume's can also decline as the coin dies slowly .  old coins are still safe and have gain a good amount of trust but new coins could still be a threat to them because new coins can leave a negative impression into the overall crypto

Indeed, many new coins appear and this is a period of development that continues to run, thus new coins have a positive impact for users to be able to choose and use them according to their benefits. Various new coins appear because they have different benefits or functions so that they are adjusted to their use.

indeed there are many new coins like that, although not all play pump and dump. for new coins that really work on the project, of course, will get the trust of investors, unfortunately not all smart investors choose good new coins, so that it enters the pseudo game. here will be seen the coin screening process

New coins will always appear, because this is a form of corporate involvement in fighting for cryptocurrency, where the end result is left to the market, whether it can continue to survive or die.
Because if there are no new coins, there is an existing crypto coin monopoly, where trade will not be healthy.

With the new coins appearing, there is a lot of competition, if the new coins are ready to compete with old coins, they will survive, especially if they have more innovation that can attract many investors.

New coins are actually not a problem, but now there are a lot of unclear coins and become an investor's loss when they invest hold or to take masternode so indeed we must be able to choose which one is good and suitable

The crypto space has so many dead coins that if a coin is to be created it must have a feature that will make people want to invest in it and use it. The blockchain technology is gradually being accepted and with comes the crypto economy.

Looking into the current market, we can see loads of new shit coins being created which has no value. Some are willing to stay but just the same thing and some of them are just to scam people.

I am not against new coins, but I feel their is no emergence of new coins. I would like to see old coins getting some serious makeover and hit the market with new user list getting increased daily and this is what matters the most.

We have 2000 crypto currencies so do you think we still need many featured coins to satisfy the people needs? I don't think so.But still new projects keep emerging with their plans.

I think that the new coins do not really affect bitcoin so much. But for those altcoins that did not have much popularity it may certainly affect. We know for a fact that bitcoin have lived even with so many competitors around. The more new coins are coming in the more struggling it is for the new and unknown coins for sure. Trading might be tough as competitions between them are getting large in terms numbers and the more divided the users will be. So it will be up to the developer to accept the challenges to face. Innovations will certainly play a role for the success of the new coin.

a lot of new coins grew indicating that more and more market players began to use crypto to replace fiat currencies, the opinion about new coins was very dependent on natural selection, which was about the quality and strength of the coin, for quality coins it would last and will go up, this is also about the economic foundation and business of the coin maker itself, does it have a wide marketing network or not.

The new projects and coins created each time that passes shows the vast means of utilizing the Blockchain technology. It is also a good sign because out of the creation of new projects and coins, the cryptocurrency world is gradually reaching out to the most people from all parts of the world. It will be an incredible experience and a considerable feat of Blockchain and cryptocurrency if almost all the big businesses and institutions have their own cryptocurrencies.

In the future, I think there will be many more new coins that will launch because every people has a different idea for filling their needs. We can see that some people think ah we need to create "this" to help us and make the transaction become simple. So we can not stop the new coins appearing in around us and only the strong and good project that will stay at the market. I don't know what is the impact on bitcoin of these new coins because bitcoin still leading the market until now and the new coins need to compete with the old coins. And the benefits for traders is that the new coin can help us to gain more bitcoin at the market because if we can get a profit from the new coins, we can collect more bitcoin.

Not necessarily correct. There are people who are doing premium purchases and then dumping when the coin get listed. They buy 100$ worth of every new ICO coin and then dump it at whatever profit they can.

Correct, every new coin does not mean that its the solution to a problem. It also depends on on several other factors and thus people should be aware that even if the roadmaps and the whitepapers seem convincing they may not become successful in future. Thus they should be careful in what they put their money in.

the emergence of new coin crypto currency does not fully affect the price of bitcoin and its development and maybe with the new coins can also make the bitcoin crypto currency strengthen and become a very good coin

the truth is the problem is that there are so many new coins that cannot last long because their development is not so good that many people don't want to buy

In most cases, these coins are a passing way to make quick money for traders and no more. Now I do not see the point in new coins. It would be nice to develop those that already exist.

maybe with the provisions that you convey in the future can make a good quality coin for crypto currency development and for now bitcoin is still the best coin

New coin coins are increasingly appearing on the market, but only a few of them are able to survive because the current market conditions are less supportive. The number of new coins that come in my opinion will provide intense competition to be the best and also make more choices for traders.

Also, creating new coins can easily be made as long as we know the process of doing it. This is the reason why almost everyday a new coin has been created. With so many of them, only few can last and some would only fall to a dead coins. Well, this is the new generation now and I think there will be more of them to follow as long as they are free to do so.

The selection from the market itself will indeed determine which ones will still be able to survive and will die because most projects today are not able to withstand the increasingly bad market conditions

Not sure if they have benefits for all traders. The emergence of this so called new coins you say,i is as you ask questionable. We don't know yet but it's good to have an advanced plan to ward this so called ne coins and their potential benefits. The positive impact on this has to be popular or on trend. I agree with you it was slowly recognized but most of it is warded by their personal hunters or warders.

With Bitcoin alone cryptocurrency will not be the talk of the day at list not for the masses and the commoners, but with the new coins which are easily affordable, tradable and profitable a lot of persons have been brought into cryptocurrency trading and have come to no about Bitcoin.

with the market downturn in the long run many new projects that emerged could not achieve success at sales and in attracting investors to trust to invest in their projects, so in the future maybe we will only see a project that is really a potential coin good and will be able to provide many benefits because they are able to survive even though market conditions are in a bad situation.

I follow new ICO projects, and noticed that many projects are not in demand, and when they hit the market their price drops dramatically, I don’t know how they will behave in the future, and whether these coins have some perspective.

Entirely simple for individuals to make coins, to make loads of new coins show up, yet lamentably not all have esteem and keep going quite a while, I don't perceive any constructive effect on bitcoin, rather with a great deal of new coins that come up short and appear to be false, it gives an antagonistic opinion to the market crypto, numerous individuals are progressively mindful so as to contribute here.

When there is new coins, do give a great deal of elective venture alternatives in digital forms of money, however there must be a channel so coins are vague and just moved toward becoming garbage with the goal that they are not in the gathering even to make ICO despite the fact that.

You might be a follower of new project but noticing or knowing the exact substances which determine the success of new project after or before they hit market. Mind you, Grin hit the market this year and it still doing good in the market.

New coins get into the market regularly with more unique features and product as the backing. Among the new coins very few reach the target as well gets developed upon the roadmap provided with the project. Years back the new coins into usage were supportive to the growth of bitcoin. Now it is hard and large number of new coins into the market generate a confusion in selecting which is legitimate and which one is fake.

It's all shit coins for me and it will be just like the others, dissolve like a bubble whenever they feel like going down.


It might increase the demand of the usage of BTC for it is the main coin here in this industry.


In the first place, it might have a large benefit to traders and holders, if only their coin will not be as pure garbage into the market exchanges. Besides, all of the new coins starts with a below  or even a few raises on $1 value.

There is about 3500 coins token now
I remember there was 100 of them
Most of them are scams or hype
Does 500 from that 3500 coins have any value
Does anybody of you can find 500 coins what are representing any value
So mostly it is virtual trash traded on exchanges mostly with very low volume
Like somebody told alts are kind of mining buy trading alts you can earn bitcoin
I agree with that buy low sell high enjoy of earned btc that way

Most coins that are appearing now are not really competitors, those coins will disappear in just a few months and all the people thinking that could happen are just deceiving themselves, the number of coins that can compete against some of the biggest and most supported coins in the community are limited and it is way safer to just let them grow and only invest once it is clear they will be here for a long time.

It is true that with such a strategy you will lose a huge mount of the profits that you could got at the beginning but you can still get huge profits, and if your capital is big enough that will be more than enough.

the emergence of new coins should be able to make us take advantage of the opportunities that exist, if we can follow the trend of rising prices of new coins and we can trade on a daily basis then we can benefit from the emergence of new coins. don't be burdened with new coins, take advantage of all the opportunities.

New coins can appear everyday, they cannot stop them from innovating, but we must know how to distinguished a scam coins to a good one. I believe more coin will come to market, but they cannot survive if there is no support from the investors. As an investors we should be more careful and invest only on good coins to be safe of course, though there is no big benefits of this one not until they succeed on their ICO.

but for now the new coin in the exchange is usually the price immediately drop, so to remain cautious, so as not to suffer losses either time or material, besides that we also have to sharpen the analysis about it

I think it is very difficult to find new coins that are developing for now, because of the difficulties in raising funds and also the decreasing interest of traders to continue to buy new coins, I have invested new coins, but did not get profit

the continuous emergence of new coin and tokens will not be a valuable investment in current situation because the existing kinds still struggling here to retain its old value that's why I am saying this.

I agree with the fact that this is the truth with many projects that don't have, and probably will never have, a working product and a real use case. But I don't agree that we can apply this reasoning to all the altcoins in the market; I think there are some interesting projects who can potentially give nice returns to investors when the market will start a new cycle.

I think the emergence of new coins is very good because there will be many choices for trading and arbitration, this will make a lot of benefits for Altcoin fans, because there will be a lot of variations in prices in the exchange market.

Well we should also take in consideration investing in new coins that we think have great potentials.If they can survive in few years,then they can be worth investing to but i think some of them are just coins without value.So we should be careful in choosing from those coins if we want to make profits in the future.

In order to avoid having coins that do not meet the requirements, there should be a body tasked with selecting the quality of each new coin. the tighter the selection system, the better coins can enter the market. also there must be a specification that must be applied so that business people who want to invest become aware of the quality of the coins they want to buy. to avoid fraud that is always looking for ways to be able to profit by cheating.

it's true so we all if we want to buy new coins, it's better to be careful because we don't buy the coin for long, which will make us lose. so to buy coins that have long been on the market such as bitcoin and ethereum this coin is very clear

Thinking about the appearance of new currencies is somewhat risky, because if the five main altcoins have suffered, then the recent ones are being born in a phase in which the market is basically in an accumulation zone (according to my criteria and following the philosophy of Wyckoff) I would affirm that it would be a great risk to invest in new currencies, although I would attract the money that JP Morgan will take, due to the influence it exerts ... just for that reason at this moment, I would. Be interested in having that currency.

with the development of time and crypto currency technology will continue to emerge and it will become competition in the economic field and the possibility of bitcoin or other crypto currencies can become the best crypto currency later and no one can predict for sure

New coins into emergence happens with more new concepts. Here few succeed and support with the growth of the cryptocurrency network while at the same time one that has come as a scam ruins the reputation of the cryptocurrency network, because people invest and get into big loss. In this way some gets to be shit coins and few gets to be good in the market.

The emergence of new tokens or coins certainly has an impact on the development of the cryptocurrency community. The emergence of new coins will open up new opportunities for traders to gain profits. Of course, only unique or valuable coins will be chosen. However, despite the positive impact, the emergence of useless new coins can be a blow to investors and damage investor confidence in cryptocurrency.

No substitute for bitcoin will still be the main one. what happens if we invest in others will actually get a loss because basically bitcoin also has a considerable influence on the current cryptocurrency market

indeed to exist, other coins cannot be separated from bitcoin, they cannot stand alone. so that with many other new coins, of course it will be a positive impact on Bitcoin, as well as increasing competition between other coins to remain in existence, I think they should compete for the development of their projects

New Coin doesn't matter because it's also part of the development where people want to develop a new sector using the blockchain system and for myself it really supports the existence of new coins with different concepts

Doesnt matter ?  Of course it does   .  new coins arent good anymore because as of now , there are now more than 10k coins that are already invented  . its hard to choose if what is valueable  from these huge variety of coins  . This is already enough because new additions can only make people confuse.  Much worst is that investors can get scammed because new coins are known be verry risky .  they can come and go in a blink of an eye after they collect some funds from the inoscent people.

There’s nothing to worry about even if a lot of coins are coming because bitcoin will still be on top. Yes, it has a big influence to the new and old coins, so you have to stay calm and focus. New coins doesn’t mean a new and good development, always study it well and don’t invest easily.

Emergence of new coins or tokens gives wide range of investment opportunities to choose from. Compare to if it were to be bitcoin alone. These coins also give more relevant to bitcoin because they are still being traded against BTC. Traders can also buy these new coins cheap and sell big later. They can be more profitable compared to bitcoin.

We actually not talking for Bitcoin replacement which we think that is the reason of having a lot of new coins created. We are engaging more into digital currencies more often that from time to time there will be new one arise and some will die. Its existence will give us more options of what we used and to find what is more profitable for investment.

Most of them are total trash and just hoping for coin owners to get rich or their coin on being hyped up.

It doesn't have significant effect since bitcoin can stand on its own without relying on any alts.

The only good thing with these shitcoins to exist is that trader or investors can have the option to earn aside from bitcoin
but well the risk is high.

nowadays there are so many new coins that appear and in my opinion we must change this view. we must be able to choose which one is indeed interesting and also suitable for investment. because of course the risk is also quite large

if I think the new coin is very risky than the old coin. there are lots of new coins to die because they are not developed anymore which makes the coin worthless and the enthusiasts

it's true and if my advice is better don't often invest or trade new coins in the long run because it's very risky. because there have been so many people who bought new coins in the end scam or in deception

Most of the tokens are coming here for just bump and dump.

Positive impact is that overall increase of total market value of crypto currencies only when that project attracts new investors.

Nothing new,they are going to trade with it and make money by bumping and dumping.

Lack of investors and traders will let our investment to gone in thin air because there is no one that could buy and sell in any specific crypto. Bitcoin has most of it just need to develop more in order to make it more usable in the future. It could attract more investors if it is doing good in the market, actually, it is doing well already but most countries don't accept it as legal yet.

With the development of new crypto that continues to emerge maybe this thing will make beginners a little confused, but not for those who already have experience because people like them usually will analyze first, how their innovation /performance/potential especially teams and people the people behind it. If they are better at resolving deficiencies that exist in other cryptos, it's not impossible if their existence will be fought over by the crypto user community, so that their growth can skyrocket rapidly.


At least this's possible will drag bitcoin users whose trust is not yet mature against the popularity of bitcoin, so it's not surprising if in the end they decide to switch to new crypto which they consider better than bitcoin. So, there's no positive effect for bitcoin except the negative impact as I mentioned above.


Every new coin that's newly launched, usually will be equipped with X% profit promos, well in my opinion promos like this will benefit the traders, the rest maybe they have to fight and try to get profits from the newly emerging coins, the same as the previous coins.

I think that over time and increasingly sophisticated technology, it is certainly natural that there will always be incoming and emerging coins, that is a form of increasingly advanced technology and that is not a problem dude, I think there will be a natural selection, where coins that have no innovation will not be able to survive and die, and it will continue to spin

Whats a bump and dump  ? You mean pump and dump  ?  

Well not all new coins are only built for pump and dump because some of them are actually have a real world usage .

lately ive witnessed few new coins that become indemand not because they are pump and dump but because they are came from reputable companies  . one example is the btt or bittorent from tron network  .  

Yes, there were more and more coins in the market that are too risky to make a trading. New coins won't be having good trading volume other than few coins that has gained good trading volume getting listed to the leading exchanges available for making a trade.

The emergence of new coins in the cryptocurrency network is an avenue that is use for development because once there is a new token that shows that the cryptocurrency industry have develope in a new ways because most of this coins are design to solve one financial problem or the other and also open more room for decentralized trading which also reduce the over dependence on bitcoin only.

new coins in my opinion need a lot of time and confidence to hold them and the possibility of a new coin is cheap and if luck is on us we will get quite a profit that can be large and in my opinion the new coins will not affect the bitcoin cryptocurrency or eyes other crypto money

New cryptocurrencies are created for different reasons and for different purposes. One of the main things is to make money. Other projects just try their hand and possibility but there are those who want to solve certain problems. Each cryptocurrency from the top of the most popular cryptocurrencies, has its drawbacks, and it is in order to fix this that new, more efficient counterparts are created.

in the era and technology that is progressing and developing, of course new coin will emerge and compete and in my opinion the development of the crypto currency depends on its investors and the new coins I feel at this time have not affected the value of other coins or coins

All cryptos are the same  . they have have simillar functions and that is to be used for buying, paying , trading  .  almost every new coins that are being built dont also differ to older existing coins  aside from their names and icons  . creators of this coins only think of their selves , they only care about the profit that they could possibly get if ever some prey could fall for their traps .

The only purpose remotely and/or clearly visible to those who have any grey matter left in their brains is that they are all cashgrabbing methods employed by people in the guise of world changing implementation of blockchain technology. Feed on that koolaid and allow your brain to rot like the rest of the hundred thousand "investors".

No such thing is necessary. The one and only bitcoin is a solution to a new monetary system. Anything other than that only makes it second to bitcoin. Why waste money on those if you cannot care of one? Its not going to be a 100x pump on every shitcoin out there. End of the day you are free to make your own decision.

As more people continue to join the blockchain technology, know its benefits and above all see that it is an economy that can offer financial freedom managing the money and large volumes of money without any third party, more new coins will go out, I think now, in this phase of the market many more will come out, because those that leave will be at very low prices, but at the moment that the market of a good bullish turn many of these outgoing coins, will already have community, with different Exchanges, and Seeing that there is a bull market, these coins will begin to emerge.

New coins is the best way fo making cryptocurrency trading wider. It helps traders a lot to make them able in trading a lot of trading pairs and make profits from that.
New coins also benefit bitcoin as the price is increased due to the fact that people have to buy first bitcoin and then purchase another coin. They contribute a lot in the trading volume of bitcoin.

Yes.Old coins and new coins may be the same in their functions but we should also see to it that those coins who have newly risen are also valuable just like bitcoin and enthereum.We are here to trade also so we should choose carefully those new coins that can be more profitable in the end and not just shitcoins that will make no value at the end of the day.

Answer:
1. New coins that appear mostly only become trash, and they will soon die when entering the market.
2. With more new coins, bitcoin will become more famous.
3. the benefits are for trade competition so that trading volume will be more so that trade will continue to run with large market volumes

I have negative opinion about many new coin because always have lower price after listing on exchange market, many investor have lost asset after investing coin on exchange market and always lower price.

With the increasing number of new coins popping up, it will have a positive impact on the popularity of crypto currencies because more types of crypto currencies are spread on the market.

I think seeing the price of new coins now also decreases in price every day, because for new coin investors it will also not be profitable in the long run compared to old coins, so I prefer old coins.

That is known as listing dump. Its triggered by the bounty spammers who grabbed their tokens doing shit-bounties and are now cashing it for btc or eth on the exchange just after getting listed. It is also done by some "ICO jumpers" who put in a random amount of money into every new ICO and sell them as soon as they get listed to move on to the next ICO. Both are pretty much the same.

The ones who are hard hit are the long time hodlers but if they are going to hodl for long time then they should not get moved by these known market movements.

They will not. There is no reason to put your money into a koolaid drinking crew of shitcoiners. Do your own research and remember that there is nothing second to bitcoin.

it is true that the coins are well developed but now many new coins that end up trash can make the market worse and harder to increase again. because the impact of new coins is definitely the market to get it

for many new coins now there are many that become garbage because after being developed it is not continued anymore which will make people get losses rather than profits. so be more careful to choose new coins if my advice

The emergence of new coins is a sign of the development of cryptocurrency, because this is proof of the existence of a new Cryptocurrency project. While the impact experienced by Bitcoin with the emergence of this new coin is, Bitcoin will be increasingly known. Because all new Crypto coins must be based on Bitcoin, and of course this can lift the value of Bitcoin. And for a Crypto trader, of course with the emergence of new coins will make more coins that can be traded.

It's simply say that the Crypto world is continously in progressive and agressive state. Though, despite of this new coins emerging, the risks are getting a bit more and more alarming. Yes, it is good that cryptos are still alive and kicking but the downside of it is that there are also a lot of Fake coins coming out. Which means that those group of people who are trying to scam people are also upgrading in a way. Nonetheless, As a trader I see this an good opportunity to maximize my trade and to try out other options as well.

In my opinion, there are beneficial tokens and non-beneficials ones.
Beneficial tokens are tokens that bring in new participants,  jobs, and new money into cryptocurrency.
Non beneficial tokens brings little or nothing into the market.  They instead taken away funds from existing coins.

usually when new coins become coin rubbish and do not have a price or volume of trading maybe it is because of the influence of developers who do not want to support the coin again and maybe the influence of the project developed does not have interest or does not affect many people.

The emergence of new coins became the fact of the development of cryptocurrency which touched various new fields with its technology.
New coins do not have a significant impact on bitcoin, but with the emergence of new coins will certainly attract many investors to the world of cryptocurrency, it can even have the opposite effect due to a decrease in trust if the new coins are bad and not useful.

It is true, one of the contributions of new currencies is that they can bring much more community, among them investors, they will begin to experience the bitcoin market, where I am sure they will like it, the more people are participants in the market, not only the technology increases to develop projects, the world in general will have a bitcoin perspective very different from what it was 10 years ago.

Answer:
1. 1. New coins usually don't give a lot of confidence, but sometimes very good projects come out, and the future is bright, and here you've only said the technology of blockchain,, but iota ''tangle'' technology now has coins with different networks like hydro and holochain.

2. let's give a different answer, now bitcoin has a negative impact on the whole market.

3.  I can say that most of the icos in the last 2 years have no use.

Most of the reason why the coin become garbage because it does not have any influence at the community or their project does not benefit the community at all that cannot attract investors that's why doing own research is important for us before investing so that we can invest on the new coin that can be having a big potential to become adopted in the community that can possibly rise its volume in the market and can help many people to improve their financial status in life.

if they are still with the same concepts and models as the previous coins (only different categories) I think their value will not go up further. new coins must appear with ideas, concepts, and models that are different from the others so that the value can continue to rise and survive.

seeing the increasing number of new coins, this indicates that the crypto market is growing, this can be good news. but we also have to be more careful if we want to invest in new coins, we can check so that we can avoid fraud.

New coins and tokens do keep crypto market live among the people. These new coins bring business to bitcoin and other currencies as well. They do support each other. Just think, the main source of earning is from trading. When new coins come in, its traded using either BTC, ETH, USDT or other currencies. Few coins come up with good products and they grow up faster then the old coins in the market. This supports the traders gain profits.

I think most people think that way because as much as there are new and upcoming coins, people in the market have always set their sights in the few coins that have gained notoriety and trust in their run in the last few years. I am not saying that investing and following leads on news coins is bad; it's just that people can't risk following on them new coins because its entails more risks, which in turn, may have a higher chance of failure. For most people, it's better to follow through on the more trusted coins in the market because they know that it can show better movements, and despite having losses from time to time, it has been observed that they have the capacity to rise back up.

Many new coin make sense because always give bad moment and price after we buy and have to sell at lower price, how ever is not good ideas for buying and trading at new coin too risk when altcoin price is lower and drop.

This really has a positive impact on the market. You know, the more successful businesses are, the more successful our businesses will be, and increase the market capitalization. But the problem here is that the new coins are being overcharged.
I want it to have real value and long-term development to contribute to the crypto market. Binance is creating pumped and dump coins. This is really a dangerous thing for the market.

You are obviously exaggerating the negative aspects of new coins and tokens. There are a lot of useful and promising projects that are emerging. Also many of them have a working product. Yes, and especially worry about it is not worth it. All unnecessary and unclaimed coins and tokens will eventually leave the cryptocurrency market. Therefore, let everything go on as usual. We still cannot change anything in the process.

I have lots of problems with most coins that are just created for financial gain, if a project was created with a new untested technology I would not mind since bitcoin was the same when it began and look how big has gotten since those days, innovation is the only way to keep pushing this market forward so developers with new ideas should be welcome to try them even if their projects eventually fail, but that is not the purpose of most coins.

Most coins are created with the purpose of filling the pockets of a few developers and investors and that is not right but since it is impossible to regulate this market this will keep happening in the future.

I agree with the idea that wee need new coins in the market but the problem is right now there are way to many and most of them are useless being created just for profits. Good coins lose between all the scams that are created everyday so I think new coins are just creating a bad impact on the market since they don't help people with anything

New tokens appear every day, I think most of them have no need, no one uses these tokens, it would be better if there were fewer coins, but they were used by a large number of people.

with the many new coins circulating, it will multiply the options for us as users, investors, traders or crypto currency miners to choose the most suitable crypto for us to use other than bitcoin. so our options will be more varied and the quality of crypto will increase as new coins increase. and the presence of new coins will strengthen the value of bitcoin as the first coin circulating in the trading market.

1. in my opinion the new coin that keeps popping up without any "function",! will only create coin inflation, unless the coin has a function that is useful in the lives of the coin users.

2. in my opinion positive impact on bitcoin makes bitcoin more attractive because every trading altcoin traders will try to increase the number of bitcoins by trading with altcoin

3. the traders hoped that when new coins appeared in the crypto market, they could buy at a price ready at the pump after they bought the coin it.

new currencies that are not scammers are good for the market, especially when the currency after some new technology, and for traders more currencies more trading opportunities!

I have a positive attitude to the emergence of various new types of cryptocurrency. In fact, only in this way can a cryptocurrency be improved. If new coins or tokens are useless, they will simply leave the market after a certain time. So worry about this is not worth it. New coins and tokens potentially compete with Bitcoin and this is also good. After all, it will force all types of cryptocurrency to maintain their competitiveness.

I think that we need constantly new altcoins because these altcoins are trying to achieve new discoveries and are using the latest and most advanced technologies that we can also learn and apply in various fields. No matter how many altcoins there are, they will not be able to do anything to bitcoin. As for the traders, I will not say for sure, but investors have a great chance to get a profit at the expense of new altcoins.

It is not a big problem with the new coin but indeed there must be a good preparation because many die and cannot survive due to the decline of bitcoin, prepare from the beginning for those who want to make coins or tokens

in the progress of today's era and technology there are many new coins and new investors and continue to compete to be the best and all return to the confidence and patience of each investor in choosing the coins they believe

That does seem like a ponzi does it not? Majority of shitcoins are methods to allow the teams to make money not the investors. They would release something new to pump the market and themselves dump in the pump and cash the money out. Or they will give the juicy info to their known friends who will cash out and dump on the hands of their new investors.

Thats nothing more than shitcoin shitshow going on. Nowhere are these projects going to revolutionize everything, rather they will grab your money and get rich which you sulk around seeing the state of things.

So if they only care about making money for them and not for the community that they will support them, they do not deserve to be funded.
Some projects that do not care about their investors are obvious and they should black listed from the beginning from the communities. We do not need projects that take and not giving to us.

Which should be the first thing that investors needs to look while searching for good project to support, those developers team behind should care about
people who funding their projects, they needed to assure the community that they are seriously developing projects that will emerge to the needs of
people specifically from the venue that they are targeting.

Spoken rather publicly about my dislike for new coins.
Some of us have invested and lost in older ico projects so I dont see the same confidence that once flowed freely.
I myself am sticking to the basic coins of BTC ETH LTC going forward until I see a project that really stands out.

Whether they deserve to be funded or not is our personal opinion. That is upto the buyers to decide. Obviously they care least about the community even if they say that they do. But really who cares? They just grab your money and then lie back in the telegram channel for days saying development is going on. ;D

There is nothing called blacklisting here. This is a forum and they allow free speech and nobody can take away that right from them. Instead we should work together in cleaning out any bagholding troll from promoting their shitcoins here. Rest whoever wants to invest can do so at their own risk.

If bitcoin was the only cryptocurrency for usage now this could've never reached such a great growth in such a short time period. With the emergence of more and more cryptocurrencies people came to know about the blockchain technology behind the evolutionary cryptocurrency and about cryptocurrencies. Maybe in the mean something bad happened with ICOs but in the long run emergence of new coins will surely be a good thing for Cryptocurrency.

I have read several white papers of these new projects and almost all the projects seem to add or solve some problems in one way or the other.  That I think is good because because it will help to make life much more easier but the fact is moat of these projects, though with good ideas fail to develop.
I believe the emergence of new coins can attract more people into crypto and but I fear that most of these new investors may be scammed and that will add up to the fear people have in investing in cryptocurrencies.

most of the new coins are only actions to raise money. and many have finally not developed and died because now investors are getting smarter in choosing which coins are good and bad. and the appearance of new coins in my opinion does not affect the price of bitcoin. because bitcoin is the main coin and has a market capitalization of 50% of the total. and for new successful coin traders it will certainly benefit. but new cheating coins will bring losses. I think traders are now also more selective in choosing new coins.

Why the hell we need more new cryptos?

I don't find any reasons for the new more crypto currencies to be created so the project team were doing to make profits nothing more.

We already have enough of it and we just have to concentrate on the development of those coins and make it usable in practical life.

I can see many new coins launching almost everyday from different countries and developers but I cant see any unique real use cases from it most new coins now has only an updated versions of the old one make some improvements but the general idea and use cases is not changed from the old ones it only developed just because of collecting huge money from investors not actually creating a useful blockchain technology.

If 2-5 years ago was easy to develop new coins in the market, at current status everything is difficult, the reglementations, competition, the crazy variety of coins, to launch a new coin is a real provocation.

I would say that nowdays we have flood of new coins. Bitcoin has started so called cryptocurrencies revolution and ever since then new coins appear all the time and this can't be stopped anymore.
But I don't have faith in these coins and very rare some of them has very little chances for some kind, usually short term, perspective. It's good to have some variety and choice but too my opinion now we have too much coins without any use.

indeed, now many new coins are appearing but it will not be long to last because from last year to the present year many new coins have become trash because they are not developed anymore

I think the technology boom is very representative and will continue to grow, with respect to the new currencies that keep appearing, it is necessary to take constant development strategies and to be listed in Exchanges level 1, because the current phase of market accumulation, It forces many altcoins and tokens to go down very quickly.

The impact of a new currency in bitcoin is that it will expand the branching of blockchain-based projects, which contributes to generating progress of the hand of bitcoin, through which the appearance of new currencies will be an opportunity for investors accumulate many coins to take, Take advantage of bitcoin's uptrend to obtain profits.

I don't think all the new coins will become garbage. but there is a good new coin. but kaborang people think negatively before seeing the development first, because sometimes they only see from one side.

cannot be denied anymore indeed with the development of crypto which is increasingly rapid and many people in the world have known it too. unfortunately, with that, there are always evil brains that take advantage of this development by making fraudulent projects in order to gain profits and leave coins just like that.

indeed, we should not only see from one side of the negative or positive because there are also many new coins that have great potential and great benefits for the users and the bitcoin market.

I don't care how many tokens or coins appear on the market every day. I need the information and plans of those coins.
The potential coins will bring big profits to investors and increase the market capitalization. and it certainly brings benefits to traders when its price increases.

Many people are of the point of view that we have already many coins in the market and there is no room for more coins etc. Although this statement may be true because many shit coins are coming each day whom purpose is to grab money only. But then a lot of good companies are yet to enter in this field like we are hearing Facebook developing its own coins etc.

it depends. you should search and check about the project behind the new altcoin you bought very carefully. there are strong ones tat can possible give you good returns but most of the are scam.

the arrival of new coins means more companies are participating in making their own coins.
very good for crypto development the more people make coins the more new investors come to invest

right, the more rivals it means, only quality coins can survive. so that there will be healthy competition to market the product, and provide good service for its customers. besides that this makes an indication for the development of crypto

With so many new coins popping up, this is one proof that cryptocurrency has grown and is widely known and become popular.
but that won't be a problem for bitcoin because bitcoin remains the number 1 coin on Cryptocurrency, and what I see is a lot of new coins that don't develop and make people hesitate to be able to participate because people will believe in coins that are already well known and prove to be profitable.

This is a free market and anyone is allowed to create their own coin if they want.  The market will dictate whether or not the coin gains any value.  It is a lot more risky to invest in new coins but the potential pay off is much higher than owning bitcoin.

pretty good developments, but indeed not many are able to survive when the market goes down, that we see since the declining trend of bitcoin is getting more and more coins or tokens with low volume don't even have transactions

Every new coin that appears will give a new color in this industry, so that investors and traders will have a large selection of coins to trade and also to invest according to the coins they choose, which they think has good potential in the future .

Most of the new coins been develop are shitcoins with minimal or no  value to add to the CRYPTO space, for the new coins with valuable impact, sure there value will be positive to the development of BTC.
For traders that invest in new coins coming up, they can be sure to take profit when the bull run commence.

The emergence of new coins on the market is a clear sign that cryptocurrency is gradually growing in adoption, thus people are beginning to understand its concept and utilize the Blockchain and cryptocurrency technology. However, since the new coins are run by different teams with different level of expertise and product or idea backing the project, each coin has its own capability level of surviving on the market. Not all of these coins survives, hence investors must research into them before buying.

the market situation did experience a decline, and many people were unsure of the crypto market which would later increase. even though the increase will indeed arise, and sometimes people will feel lost with all this.

You're wrong ::) even without altcoins, Bitcoin will still be popular and a lot of people will know about it by now. So, altcoins are not really necessary, they are just being released by some greedy people. Everyday they keep releasing a lot of them that never makes it to an exchange. And altcoins are the reason people now believe that cryptocurrency is scam. If there was only bitcoin ,there wouldn't any such thing.

I don't really like the idea of having excess coins, cause t makes everything looks so stupid (I don't know for others) and the reason I'm saying this is because 90% of them in the market are just worthless and others are scammers. If it's going to be like that, then what's the need for having all these coins? Everyday people keeps on releasing new coins which are of no use, all of them are just out to make money and that's all.

I think we need to think long if we want to invest in a new coin. because the new coin doesn't necessarily guarantee. because sometimes the new coin might not be worth the price. so we really have to be more careful when choosing a coin. do not immediately believe so fully.

With the huge number of tokens and coins coming into the market, there just are just few which are worth it. In reference to the impact of some of these good coins to bitcoin, I think it goes a step further to positively going influence the adoption of blockchain and cryptocurrencies as a whole. It makes people have faith in the future of this amazing technology.

Of course, today is very active cryptocurrency is being introduced into the daily life of a person, but this development of the foreign exchange market is still in its initial stage. Of course, the cryptocurrency market is currently experiencing very big problems, and this is what will greatly affect its immediate prospects.

Most new coins that arise are mostly scam and don't have use cases while some have a quality product which will be useful to people around the world. I don't think these new coins have positive impact to bitcoin because if the project is good people will buy it and it will just lessen the market cap of bitcoin which is a negative effect.

I did not have a problem with the coin, but now there must be a new concept that makes investors interested and does not leave immediately when it reaches the exchange, because the average investor will release their coins or tokens after entering in exchange

in my opinion the new coin appeared, the crypto sign was developing. but we also never knew the conditions later because the new coin did not guarantee that the coin was a scam. so we need to be more careful again

Proper research can really help you to know if the project is good. You have to use everything as a source and don’t let any hype to attract you to buy more. New coins meaning more developments to come, if the team is not good then don’t expect for the future of that coin, you have to find another ivestment opportunities for you.

The emergence of new Coins is indeed encouraging to see prices in the future will increase sharply, but all of them need a lot of research, because sometimes new coins are not what we want, even the price is very bad, continues to decline. So research is very necessary.

Is that some kind of thesis? Why would you make a research? Even if you do, ypu can't tell whether those people aims to scam. They might have been anonymous in the previos years and have a decent profile later on, but still the doubts can't be removed.

The only positive thing  to do is just wait for their coins to be enlisted on some exchange. With that, the chances od being scammed is Zero.

New coins on the market means the people are understanding and utilizing the Blockchain technology. With this, there is the gradual creation of awareness for cryptocurrency and this will lead to an increase in its adoption and usage on daily basis as a form of payment both online and offline.

it is very important how much the team members dedicate themselves to this job, as well as the experience and competence of a new coin market team. In addition, the information about coin should be announced correctly and quickly and manipulation should not be allowed.

the development of crypto currencies and other coins of virtual currency depends on the investor itself and in my opinion if many new coins in the crypto currency are interested and investors, of course they will develop

Most of them seem like money grabs. They'd show up in an exchange, get pumped and dumped, then get delisted. Call me a cynic but it appears to me that many are just made for that purpose.

There may be some out there that are good projects but those are far in between. It's a very competitive market.

When new coins appear, the more intense competition in the market, the coins that survive are of course those who have a strong and solid team, but they will only attract investors just into it, but do not have a positive influence on the value of Bitcoin.

More coins flooding the market does not mean any good thing. There will be competition among the coins about which one can grab a market that is still untouched and being worked by already by a certain team. This can be a healthy competition but majority of the ICO teams dont do anything fruitful or the investors are not willing to wait but want a quick buck out of the deal.

Not always do they have intensity in their competition. I would rather like to see some working products being developed rather than some promises being made and prices pumped. I prefer to see the long term growth here which I find highly lacking.

They are good for the crypto market ecosystem, but if the number of coins that do not meet expectations is too wild will have an impact on investor confidence in the next new coin related to ICO that is being run. For bitcoin and other altcoins, it will not have a significant effect, because the holder has strong trust in the coin (loyal holder).

The emergence of coins is also the emergence of ICos.
It is actually a hood thing to the cryptosphere if the coins been created improved on the blockchain technology.
The negative impact is that most of the coins being created has no positive contribution to the I? improvement of the blockchain for mainstream adoption.
The implementation for traders is the isdue of choice.....been able to choose the coun to invest on or trade.

They are bad for the market. I can cite a hundred reasons why having a million shitcoins for the same system makes them redundant and a source of investor scams. Everytime a new coin comes out with some new age Bullshit agenda, some koolaid infuser comes in with their conspiracy theory of why that coin is going to take over bitcoin. Sometimes give me a good laugh.

Bitcoin does not even come into this picture. All of the other coins are just plain koolaid teams. If you want to hold something that is not shit then just buy and trade bitcoin. As simple as that.

Folks said the same about Ethereum, look where it is now.

We're still building on top of Bitcoin 1st layer whereas ETH came with that 2nd layer (smart contracts) already built-in.

Also there are exciting projects running on top of altcoins (ETH or NEO). For example Power Ledger and BAT (Brave) are pretty cool projects with interesting prospects. POWR has been praised by Sir Richard Branson even - quite the accomplishment.

I don't think is urgent to made new coins which eventually will not worth anything if most of them are just some clone of old coins, but if someone will create a coin which have new features that other coins not have then this can bring some new on crypto and people maybe will invest on.

Many new coin become bullshit coin with lower price after listing on exchange market, I hate with many ICO owner untrusted with their assets after listing on exchange market but why price is lower and never could raised of ICO.

Feel free to promote your shitcoins. Shills are the reason why the market moves and whales make money off them. People dont even realize that they are puppets in the hands of the whales who are provocating them just for making money off the movement. You guys do the dirty work while they grab the profit.  ::)

Yo thats the basic reason why new coins come in the play. But the question remains - is that new feature actually needed or is it just a catchy line to attract investors? Its always the second one. After bitcoin there is literally nothing more needed.

although not all, but many are like that. a lot of fraud and ico scam right now, because of a lack of control, so that it can easily carry away a lot of money. for those who already have listings and want their prices to increase, I think they should have good product marketing

Each coin has got something unique, it can be on its feature, development or on some other aspects. However one that fulfills or perfectly coincide with people's need succeeds in the short term. There are more successful coins that have come over the recent years and have got listed among the top fifty which is through its potential and the team behind its development.

in my opinion the emergence of new coins is not a problem, but it is the problem of new coins that are detrimental to someone, and I don't think there is an excessive impact on the emergence of new coins for bitcoin.

The emergence of new coins certainly can have a positive impact on traders, if indeed the coins have good potential in the future. there will be many people who benefit if they can trade potential new types of coins. In addition, the emergence of new coins has the effect of being able to increase the crypto community so that it can increase the popularity of bitcoin or digital currencies in society because it is likely that bitcoin will become the best crypto currency among other types of coins

yes, almost every month we see new coins and tokens and only a few of them can survive,if the coin or new token has a good quality then it will produce good results for traders but if the project is not of quality, it is detrimental to investors.

indeed, there will usually be a new project that produces new coins like that but not all new coins are good because sometimes the projects developed are not so good that they make the price fall and even worse the scam often occurs.

Honestly, I don't trust the existence of new coins these days. Based on my experience, they will just bloom for days but fades in just a short period of time. I want to get rid of shitcoins so I would only stick to well-established coins. I wish that the market would do coin cleansing to remove all the shitcoins listed.

New coins are not best for investing and their contribution to the crypto ecosystem is not higher like top cryptos. Well-established coins are better for both system contribution and trading purposes compared to new, useless cryptocurrencies.

I'm aware that developed cryptocurrencies market with variety of coins is good but personally I don't appreciate new coins too much. There are too much of them emerging all the time and only few of them are prosperous and worth investing. They are actually just suffocating the market.

I have a positive attitude to the appearance on the world market of new coins and tokens. This is the main way to improve cryptocurrency. Regardless of the fact that at the same time there is a very large number of useless types of cryptocurrency, even those few promising coins will contribute to the development of this particular market. Useless coins will eventually be forced to leave the market.

Same with you, mostly they are just a copy from existing successful project where they are only offering some improvements, it's needed to sort things out and being an investors / traders you have to assess each coins that coming up reviewing what can be the deciding factors in order to have some interested investors to support the project.

The impact of new coins to be detrimental would only depend on how much people are drinking into the koolaid and bullshit propaganda of that team. Majority of them dont have any goal other than amassing money from investors and landing up in a stagnant state when market crashes. Thats what makes people more suspicious of what their hard earned money was actually being used for in the name of having invested that in some "bitcoin 2.0"

You can get rid of shitcoins if you sell them - its as simple as pressing a sell button order. But I know that most people will falter here because they have that voice in the back of the mind rehashing that same BS pumping propaganda.

Everytime a new coin emerge there is something specific with it. Maybe this is of the features or any form of advancement. One in ten new coin makes a big growth and mark its presence in the cryptocurrency network. There needs to be more and more coins to make the competence much hard. Even there are coins with better features than bitcoin but it is hard to win the minds of people overcoming the impact bitcoin has created over the users.

of course this is because of the trust factor where bitcoin is the main goal of investors for the long term. but it does not rule out the possibility that the new coin will be potential later, along with the needs of the bitcoiners

With that mindset you miss out the potential 100x coins that are out there.  Its annoying when people are calling literally everything a shitcoin.  Bitcoin should be the bulk of your investment in crypto but don't be afraid to risk some on these new projects with a promising future.

I remember when Ether launched and everyone thought it was a shitcoin and passed up the opportunity to buy it for a few cents. And remember that Doge was supposed to be a joke from the start but it's still going strong five years later because it's so easy to use as an actual currency (unlike bitcoin).

It's worth putting a dollar into every coin and seeing what happens.

Not many new coins are feasible when on the market and most of them are below the ICO rate, even the IEO too. All of that for many reasons especially the development of ICO is not so good, maybe later ICO / IEO will return hype if the market also starts bullish. I feel the impact on bitcoin is small, especially when seen a new coin is only in small exchanges, and if their volume is small, traders cannot use it to gain big profits.

Putting a dollar on every coin would really cost you.I remember those days when ether still for us to obtain it thru faucets.We do really misses out good opportunities on making big
amounts of profits.Its really late to regret but those golden opportunities wont happen again even on newer coins as of this moment doesn't really bring up something new and most of them
are just copycats.

I have no problem with new coins as long as the new coin has something to offer to the community, or if they have a new algo that they want to introduce, to the community, there are a lot of new coins that are duplicate of an existing one but they have a good team, a good roadmap, and platform, and investors and traders are ok with it.

That means developments continue to occur if coins continue to arrive, but what I don't like is the emergence of many shitcoin that sometimes make you lose, because you were wrong to buy it. it seems we have to be more selective in choosing new coins

By the appearance of new coins and tokens in the cryptocurrency market, I am quite positive. This is one of the main ways to improve cryptocurrency. It is not even significant here that a significant part of new types of cryptocurrency is useless. After some time, they will forever leave this market and only promising coins and tokens will remain on it.
The emergence of new coins and tokens attracts people's general attention to cryptocurrency, and this also has a positive effect on Bitcoin. On the other hand, investors are being diverted to another cryptocurrency.
As far as I know, traders welcome the emergence of various types of cryptocurrency. This increases the possibility of their earnings.