Without Ethereum , Cryptocurrency Market won't be flooded with Scam coins.

[kojoannan]

Without Ethereum network and smart contract, cryptocurrencies market won't be flooded with much duplicated coins, which has yielded to so many scams. I think without Etherum, we will have Bitcoins, Dash, Litecoins and few top coins which made the competition so stiff that coins went higher often. Now the market is flooded and investors are now investing their monies across these coins, hoping to find the next bitcoins. These coins are the reason why the market don't get up but always trending downwards.

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[vaso11]

Without Ethereum network and smart contract, cryptocurrencies market won't be flooded with much duplicated coins, which has yielded to so many scams. I think without Etherum, we will have Bitcoins, Dash, Litecoins and few top coins which made the competition so stiff that coins went higher often. Now the market is flooded and investors are now investing their monies across these coins, hoping to find the next bitcoins. These coins are the reason why the market don't get up but always trending downwards.

I do not think so. I think the main reason is that many bought bitcoin at a very high price and still not sold it, and still hopes for growth, and it is necessary that all of these people sold it much cheaper and then there will be a breakthrough. I think altcoins do not play a big role. The main game goes with bitcoin

[robynmario]

Not sure about that. Because, ETH is one of the most influential and important coins in the crypto market as well as a great contribution to the overall development of the blockchain industry. Apparently in the trend of expanding the crypto community, ETH does quite well tasks and extends these gadgets directly or indirectly through other forms of ICO. If we consider ETH to increase scam or if there is no ETH, will the market survive and grow as it is today? These are unfair and uncomprehensive.

[CryptoAlphaStar]

Scammers will find a way to mimic and impersonate everyone, everything and everywhere. This has nothing to do with Ethereum, NEO, EOS or any particular platform or company.

[ramarianz]

it depends how you think,for you know, after ethereum smart contract alive.
can u see how much total market cap raised ?
did u think without ethereum smart contract,people know about cryptocurrency ?
more people come because ico ico come from ethereum,but some people try to use that for scamming people.

[Tankdestroyer]

Scammers will find a way to mimic and impersonate everyone, everything and everywhere. This has nothing to do with Ethereum, NEO, EOS or any particular platform or company.

You are right because they can still scam people without those platforms that help them create their own coins or tokens easily. With programming skills, I think they can still fork a coin or two and launch their shitty ICO's without Ethereum's help. That being said, do not blame ETH OP, it is one coin with real world use cases and its smart contract is meant to enforce negotiations and increase and not to scam people.

[marks1976]

Without Ethereum network and smart contract, cryptocurrencies market won't be flooded with much duplicated coins, which has yielded to so many scams. I think without Etherum, we will have Bitcoins, Dash, Litecoins and few top coins which made the competition so stiff that coins went higher often. Now the market is flooded and investors are now investing their monies across these coins, hoping to find the next bitcoins. These coins are the reason why the market don't get up but always trending downwards.

Is this a joke? Man, have you seen the history of ethereum itself? it has started form the open source code of bitcoin. Before ethereum was alive and a lot of scam coins has already created through use the bitcoin open source code. You should learn a lot about the history of crypto before try to judge anything about it.

[AndrewBrown]

True, the amount of coins that are being made on the ethereum platform is just insane but that aside, it is not the fault of the ethereum creators that people are always greedy and will always try to use something so great to satisfy their own personal greed.

[JNR]

the causes is not with ethereum, because without ethereum cryptocurrency will not so popular like this moment too
smart contracts is very good idea in crypto world, you can see a lot of project coming with smart contracts now

[truimpheriues]

without EThereum, dev can create self coin
another can use NXT token, waves token similiar ETH token service

[oaks05]

100% false if you were around before ethereum deployed smart contracts, go back and look at the year 2013/14 tons of scam coins were being made, they would release a coin with a huge premine, than dump on people buying the coin you had to be more careful back than, than you have to today.

[13ex07]

Without Ethereum network and smart contract, cryptocurrencies market won't be flooded with much duplicated coins, which has yielded to so many scams. I think without Etherum, we will have Bitcoins, Dash, Litecoins and few top coins which made the competition so stiff that coins went higher often. Now the market is flooded and investors are now investing their monies across these coins, hoping to find the next bitcoins. These coins are the reason why the market don't get up but always trending downwards.

If you follow your logic, then you should cancel the fiat money and the scammers will disappear altogether. In fact, a large number of scammers says only that today there are too few tools to combat them.

[alfs75]

Without Ethereum network and smart contract, cryptocurrencies market won't be flooded with much duplicated coins, which has yielded to so many scams. I think without Etherum, we will have Bitcoins, Dash, Litecoins and few top coins which made the competition so stiff that coins went higher often. Now the market is flooded and investors are now investing their monies across these coins, hoping to find the next bitcoins. These coins are the reason why the market don't get up but always trending downwards.

actualy when did you get that kind of hoax information that because of ethereum  coins and smart contract the  market would be flooded with much duplicate coins and my question is how could  they can duplicate  those integral numbers  or  a figures? even they can duplicate those smart contract,its not easy to  configure those many kind of number and the blockchain market will notice or detected it if its genuine or not,therefore maybe those information that you heard is misleading and could create FUD or havoc  into the world of cryptocurrency.

[batang_bitcoin]

I don't blame ethereum on this, it's part of its feature and innovation.

Blame the scammers that are too genius of thinking and does have an never ending strategy on how to scam people. Ethereum isn't the only crypto that does have ability to create new coin, don't forget about nem, waves, etc.

[Afrizky R]

Without Ethereum network and smart contract, cryptocurrencies market won't be flooded with much duplicated coins, which has yielded to so many scams. I think without Etherum, we will have Bitcoins, Dash, Litecoins and few top coins which made the competition so stiff that coins went higher often. Now the market is flooded and investors are now investing their monies across these coins, hoping to find the next bitcoins. These coins are the reason why the market don't get up but always trending downwards.

absolutely right, with so many current coins with ethereum network making more choices in trading and investing and this makes why prices are now difficult to rise and experience trend down

the solution is how to increase the return value of each current coin until it reaches the highest point again as it has ever happened
hopefully can make the attention for the developers

[Rahees]

In my opinion, you are wrong in this question. It doesn’t matter which altcoins are here, scams and flooding will be forever on the market. Each system has its own disadvantages and the crypto-market is not exception. We can live with it only.

[Moiyah]

Know what? I have been thinking of this, too in a long time ever since I knew the potential of it. Most of the erc20 tokens are using ethereum based blockchains. If ethereum doesn't developed and discovered, then maybe, just maybe that they will never be shitcoins that are dependable in eth.

But in the contrary side, there are still advantages of it in which it helped in the success of the other coins.

[citydragoon]

I'm not sure about it. Scams and altcoins at all will be alive in each possible way of crypto's development. The markket can not live without them.

[jefcasidy]

I agree with you to some an extent but it is good to know that every technology has it's good and bad sides, you are only talking about the bad sides, what about the good sides of ethereum? Ethereum introduced smart contract meaning without ethereum maybe by now we won't have know what is smart contract. It's true that there are some scam coins but it is left for investors to invest in good coins.

[Teraboy]

I'm not sure about it. Scams and altcoins at all will be alive in each possible way of crypto's development. The markket can not live without them.

The scam coin has already existed since the source code of bitcoin has been leaked by someone to the community. OP doesn't know what he was talking about that. It seems like op needs to learn more about that,.