Ban New altcoins

[MMS2017]

Yes the crypto market is wide and there are so many currencies like bitcoin and altcoin which are circulating in the market. If we ban the new altcoin then it will be monopoly of the other altcoins and the choice between good and bad altcoin will be difficult for us. I think we allow every one to come and provide the best things in the crypto market.

[Thecryptocurrency09]

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

Banning altcoin is not really a great way to the coming of new one. Maybe they could be given some limit, just what you have said but not really control from having a new one. It is their own strategy or decisions to earn and is none of our business.

[Firefox07]

We cannot prevent any team in introducing new altcoins in the market. It is good for us that there are new altcoins every month. Because we are working in promoting the new altcoins.

[VitKoyn]

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

I think you totally have no idea what you are saying and how cryptocurrency work, we cannot do anything to stop or prevent new cryptocurrency from coming out every single day. People can make their own without revealing their true identity and it doesn't require to be registered or even licensed to create a new one so how can we stop a new decentralized cryptocurrency to come out? this is the bad side of cryptocurrency specially Bitcoin being an open source, people can just copy and edit the codes and run it without any difficulties, and we cannot do anything about this anymore.

[MattMurdockxDD]

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

Hello, I think we should have a regulation for new altcoins to remove the shitcoins from the decent ones. If we will totally ban or limit it per year, there is a possibility that we are removing the good alts.

[BtcBling]

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

We cannot limit new altcoins coming in because it is based on an open source block-chain technology. Everyone can create a new coin, think of it as an Android operating system which is also an open source technology that every smartphone company can use as a smartphone operating system.

[Pulsar1x]

I don't agree with you. That concept is opposite of how things work, not just in crypto, in life in general.
This is like a competition, but we will decide which one is here to stay. You can't suppress the human mind to develop.

[tot-o]

Limiting altogether coins is like limiting also the growth and its development, its like a business that as long as their is a possibility for it to grow and has a potential and they don't violated any rules or laws who are we to stop it? Competition can not be avoided it means business owners will focus on how they care for their customers...

[Bittoshi]

We don't live in Socialism and Communism in the crypto world. Everyone can create his own currency if he likes. And I think that it is a good sign that everyone with a plan, a solution an a dream can start to create an ICO and collect capital to start development. What if there would be only 10 slots for new currencies per year and a new developer team with a vision and a good white paper could not start because some other sammers already blocked the free spots.
No regulation for me. It's up to us to filter the good from the bad projects and support only the good ones. Start to think before spending and investing money and be responsible for your own decisions!

[Sachinist]

This will eventually happen. At the present rate, there could be 10,000 altcoins by the end of 2018 and this rate and level of capital diffusion is unhealthy for the market. A catastrophic crash will occur and all the shitcoins, which is 99% of coins, will become extinct. It's going to be the same as the dotcom bubble.

[korean1999]

I really think this is not a good idea at all. If more and more altcoins are produced, the electronic money market becomes more diversified and will attract more people to participate in this market.
Do you think that more and more people entering the market will become better? I totally think so. If the market loses its new altcoins, that means there will be no more projects for us. It will affect the bounty a lot.

[giveen]

Why there is no need to do such a move because again it would be centralising the market which is one reason why crypto currencies were created to remove any sort of barriers so that everyone can showcase what they have. Yes i do agree that there are a huge amount of shitcoins but the simplest way is we can avoid it rather than complaining.

[heureca]

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

It is market) The strongest and best altcoins will survive. It doesn't matter how many altcoins Any market has the same situation

[imapessimist]

I think this would be a very bad idea.  Because new coins give people a chance to get in at the beginning and make lots of money if they missed out on Bitcoin at the start.  And then in gives people more choice of coins. 

[captin crunch]

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

It will be difficult to define criteria for banning. Of course people will benefit much more if the market will be filtered, but it will be difficult to manage.

[btcprospecter]

Although with more altcoins it does make it harder for coins to emerge as a strong coin in the sea of altcoins we have if the coin has a good road map it will do better than some coin that comes onto the market that people speculate in. Banning new altcoins is almost down the road of regulation.

[ClarksonI]

Sometimes there are beautiful altcoins, it would just take a comission that would validate the next altcoins

[Jimmy palumbo]

Indeed, there should be more laws and regulations to limit altcoin.
More and more teams are raising money through ICO to issue a new token, which I think is a very dangerous thing. That could lead to a collapse of the cryptocurrency market, which has created a huge bubble in the market, which is bad for bitcoin.

[alyssa85]

I think its time to ban new altcoins from coming in, there should be a limit on how many altcoins there should be per year
so that people can actually profit from investing in altcoin.

And who is going to do the banning? The code for bitcoin and most alts is open source, and anyone can take the code and tweak it and make their own coins. And any customer can CHOOSE to buy those coins. Free market, isn't it?

[ongels]

I agree with this idea, but the big question is how? We are entering in decentralized placed, then who could do that? Its not decentralized anymore if there are third party regulates.