Would There Be Enough Room in the Future for all these Digital Currencies?

[EducoinVietnam]

The world of cryptocurrencies truly fascinates me. How can it not? I’ve never seen so many people this excited about the concept of virtual currency before. Even the dialogues in this forum are very dynamic and of course, informative (I might have picked a few tips here and there ). I know these coins have proven to be very good investments and I’ve read so many success stories already about people making a huge profit out of this.
But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?

No, that is why most of them should be eleminated. The huge amount of investment options slows the entire process of market growth. It needs to be changed.

[Siegtal81]

There is no chance of fitting and 90% of ICOs are already dead and aproximately 8% to come. 2% of living tokens will fit the new world perfectly, there is no doubt.

[indobitcoin.tk]

I don't think, in the end when indeed the world really want to admit the crypto then only some will be the best crypto can grow so large and growing. the rest is just going to be mediocre and crypto not uncommon which died. This certainly will also be proportional to the emergence of many new cryptos also would be able to deliver new innovations and adding variations on the market.

[Nikolas_the_Wonderworker]

In the future, a huge number of cryptocurrencies will have a place to grow more and more. Currently, we see that cryptography is widely distributed in all areas of business. The number of participants increases significantly. This is proof that the cryptocurrency has a great prospect.

[Labumi]

if I talk about technology and its uses, I have my own belief that cryptocurrency will have a place. when viewed from current technological developments in the field of technology, many technologies use file as evidence and others. so I think Crypto will compete and be useful for transaction tools in the digital world

[dunfida]

if I talk about technology and its uses, I have my own belief that cryptocurrency will have a place. when viewed from current technological developments in the field of technology, many technologies use file as evidence and others. so I think Crypto will compete and be useful for transaction tools in the digital world

But this would only implies or applies into some coins only which do really have that kind of benefit or usage that can really be useful to people and the
rest is just a pure trash.If we do try to look at on the current numbers I don't see for them to be relevant to exist. Blockchain tech is really innovative and sooner
or later we will really see a great adoption on most sectors.

[apitico]

I think it fascinates people so much because they just want to make as much money as possible and that is why they delve into the essence of cryptocurrency and what and how it works.

[Ultimist]

No, I think that in the future we will not limit ourselves to the use of one coin. All coins are individual and used in a certain area. If in the future we can actively use crypto and blockchain technology, we will need a few coins.

[BartS]

There is not enough space in the market even right now for most of the coins that exist, this is why we see such a high failure rate among coins, however the recent bull market was so extreme that many scammers still got incredible profits out of their failed projects and they are deciding that they are willing to try to keep creating useless projects because the money that they can make is simply too tempting and they are not willing to leaved it there for honest projects.

[ryanfromrethink]

The world of cryptocurrencies truly fascinates me. How can it not? I’ve never seen so many people this excited about the concept of virtual currency before. Even the dialogues in this forum are very dynamic and of course, informative (I might have picked a few tips here and there ). I know these coins have proven to be very good investments and I’ve read so many success stories already about people making a huge profit out of this.
But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?

There is, therefore, most of them to be destroyed. A huge number of investment options slows down the entire process of growth of the market. This must change.

[Argoo]

The world of cryptocurrencies truly fascinates me. How can it not? I’ve never seen so many people this excited about the concept of virtual currency before. Even the dialogues in this forum are very dynamic and of course, informative (I might have picked a few tips here and there ). I know these coins have proven to be very good investments and I’ve read so many success stories already about people making a huge profit out of this.
But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?

Of course, in the future there will be a lot of cryptocurrency. Probably a lot more than there is now. Their application is very diverse, so each of them will occupy a niche in our physical world. However, this process will be very long and difficult, since governments are generally not interested in implementing decentralized cryptocurrency.

[MrPao]

This is not the case. I don't think most of the cryptocurrencies on the market have any use value. They can only be used as investment products. I think that future cryptocurrencies can be used as a payment method for the Internet, not for transactions. !

[Luna0120]

Most of the existing tokens are merely copies. I mean, you can not be sure of any of them, because five or even 10 tokens can have the same goal.

[Slash61]

We don't know the future will be like what to crypto. but to see the associated function coins crypto in the future I think it all depends with the capabilities of the platform. If could team up with real industry in the world I think is not closing the possibility of some coins can be used for payment in the future.

[StatesManG]

The world of cryptocurrencies truly fascinates me. How can it not? I’ve never seen so many people this excited about the concept of virtual currency before. Even the dialogues in this forum are very dynamic and of course, informative (I might have picked a few tips here and there ). I know these coins have proven to be very good investments and I’ve read so many success stories already about people making a huge profit out of this.
But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?

Many of this Coin will definitely go. Not all can stand the test of time.

[judeafante]

We have so much and enough cryptocurrency in our midst that I think there is no need to create more of it, this is the reason why investors are not investing in all the ICO that are coming around, they only pick those who are likely to succeed and investors are getting wiser now, thereby eliminating duplicate project from ICO.

[nemesio]

Likely to fit there, and 90% the ICO are already dead, and about 8% ahead. There is no doubt that the 2% of live counters fit perfectly into the new world.

[CuriousGeorge]

We have so much and enough cryptocurrency in our midst that I think there is no need to create more of it, this is the reason why investors are not investing in all the ICO that are coming around, they only pick those who are likely to succeed and investors are getting wiser now, thereby eliminating duplicate project from ICO.

Youre wrong the current situation for the all crypto right now basically the same as stock market, some project could hold on and the majority will fail, just a nature selection, you're just too paranoid without realizing that if all the project succeed there's no word poor people because the would throw all the money to this thing.

[kram31]

We have a big world and so many project than can be develop.
There will be more rooms for cryptocurrency to come in this community.
merchant should have their own ICO to support their businesses, blockchain should be also use  for their file keeping.

[MegaPost]

I do not see any place in the future for any token, while some of them will not be stable. I mean, the only obstacle for the majority of tokens is high volatility.