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Author Topic: So many cryptocurrencies !  (Read 6270 times)
shulc7
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August 22, 2018, 09:16:39 AM
 #1001

With the growing number of crypto currency showed the more famous world blokchain. And there are some positive and negative influences about the large number of crypto currency. Positive influence of investors will have the opportunity of choosing which coins they will buy and the negative impact will be more and more of the people that place these opportunities just to get money and develop the ICO that scam. So I think that it will pretty good ig there any some regulation.
I see mostly positive things here. many cryptocurrencies (altcoins) is the real chance to learn how to choose the right token. You can invest in really cheap alts (penny coins) or deal with expensive ETH and DASH.
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August 22, 2018, 10:44:53 AM
 #1002

the market is expanding we can see so many cryptocurrencies in the market which is causing the prices to go lower the  problem to this is the newly developed coins show do progressive development
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August 22, 2018, 10:50:43 AM
 #1003

I do not think it necessary to make rules about the issue, let the competition determine the quality of a currency. we have the same rights here, but they should really give the best for their currency to get many investors.

100 % right sadly everybody has equal rights to create their own crypto currency , but i hope those who knows how to filter this currency should share some pointers to look at and spread awareness in consideration to rookies.
If you are just starting in this fiela please do your own research ,follow reputable knowlegable personalitiea or groups for a healthy exchange of ideas

Ngewex Yuk
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August 22, 2018, 11:38:30 AM
 #1004

With the growing number of crypto currency showed the more famous world blokchain. And there are some positive and negative influences about the large number of crypto currency. Positive influence of investors will have the opportunity of choosing which coins they will buy and the negative impact will be more and more of the people that place these opportunities just to get money and develop the ICO that scam. So I think that it will pretty good ig there any some regulation.
I see mostly positive things here. many cryptocurrencies (altcoins) is the real chance to learn how to choose the right token. You can invest in really cheap alts (penny coins) or deal with expensive ETH and DASH.

Too many cryptocurrencies will certainly make the competition very tight and difficult, but this will make the selection naturally so that coins that are not supported by concepts and have clear hopes will die, and of course more and more altcoins will make the top 10 position stronger because automatically becomes very popular.

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August 22, 2018, 11:41:45 AM
 #1005

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

Its because all of us can create a cryptocurrency then find a project team that  could support our creation. Yes. Its true there is so many cryptocurrency out there some are good and some are valueless. We can not stop someone to make cryptocurrency especially no one will rule them. Sometimes even though crypto is decentralize still we need a regulation to become better.

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August 22, 2018, 11:47:37 AM
 #1006

I do not think it necessary to make rules about the issue, let the competition determine the quality of a currency. we have the same rights here, but they should really give the best for their currency to get many investors.

100 % right sadly everybody has equal rights to create their own crypto currency , but i hope those who knows how to filter this currency should share some pointers to look at and spread awareness in consideration to rookies.
If you are just starting in this fiela please do your own research ,follow reputable knowlegable personalitiea or groups for a healthy exchange of ideas



Yes agree there are so many cryptocurrencies that needs to be fully determine how useful and potential are it for our own good and benefits in grabbing them. But to take the good advantages with them we really needs to make a deep research for better knowledge and understanding of their good prospects of benefits in the long run.

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August 22, 2018, 12:08:03 PM
 #1007

I consider only top 10 maybe top 20 of cryptocurrencies according to CMC as those which are definitely making some changes on this page of the history, because 90% of others will perish.
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August 22, 2018, 12:49:10 PM
 #1008

Everyone can issue a cryptocurrency, and the value of this cryptocurrency is directly available to the holder. This is the rule of cryptocurrency.
However, the existence of cryptocurrency is because of everyone's consensus, as long as someone approves and uses it, the existence of cryptocurrency is valuable and will be used in more and more scenarios.

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Dofotonomo
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August 24, 2018, 04:35:57 PM
 #1009

There are many cryptocurrency but most of them are scam so we need to beware of that especially.
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August 24, 2018, 04:40:58 PM
 #1010

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
There should be a group who will regulate cryptocurrency.  Since there are lots of them now and there are also lots of scams.  We must also be careful and study and observe before choosing the right and real one.
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August 24, 2018, 04:58:20 PM
 #1011

For some time now,cryptocurrencies on the market are not worth to invest in with the exception of very few coins. I have decided to halt for some time and get back to crypto.
Hasbro27
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August 24, 2018, 05:11:45 PM
 #1012

the increasing number of new cyrpto currencies that have reached thousands have advantages and disadvantages, the choice is more and more so we can choose coins which are good while lacking, currently many projects are not successful at selling ico because people are confused about choosing
kniheant
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August 25, 2018, 11:03:02 AM
 #1013

 because there are so many ICOs being launched , and this Icos are successful so their tokens now are intriloduced to the markets and trading sites for trading activities , so the more Icos completed the more coins will be added to the market.
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August 25, 2018, 11:34:33 AM
 #1014

There might be many crypto-currencies that are being traded on the crypto-currencies trading market, but the trading volumes of some altcoins are extremely low, and I would usually avoid trading those altcoins with low trading volumes, as there is a very high chance that it would be taken down by some popular exchanges due to the low trading volume, and if that scenario happens, you would find yourself getting stuck with those altcoins which are basically worthless in your wallet for a long period of time.

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bajingluncat
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August 25, 2018, 11:57:35 AM
 #1015

as long as the institution is independent and trustworthy I think it is legitimate even though I am a little disagreeable, because like this if there is an institution that is built there will definitely be rules that accompany it, I am afraid that later the regulations will have an unfavorable effect on kriptja cripto, like with rules that are televizing like in a bank, cripto becomes less efficient or too many requirements that sometimes make us dizzy, but if the regulation makes cripto safer than hackers or fraud I will agree if it really makes the institution the only best way
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August 25, 2018, 12:00:44 PM
 #1016

There are 1890 coins now that are listed and found in the coin market cap. It is increasing and it will keep on adding. As per validation kindly check https://coinmarketcap.com/all/views/all/     that link.
calya
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August 25, 2018, 12:29:18 PM
 #1017

because there are so many ICOs being launched , and this Icos are successful so their tokens now are intriloduced to the markets and trading sites for trading activities , so the more Icos completed the more coins will be added to the market.
but some of them maybe will gone in certain time.many factor could this happen,for example developtment plan run not as suitbale with early plan.
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August 25, 2018, 12:37:52 PM
 #1018

yes more and more new cryptocurrency and confused to choose the best and this is difficult to control, there must be supervisors to manage this, maybe because making tokens from the ETH blockchain is easy to make so more new crypto appear.
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August 25, 2018, 12:49:29 PM
 #1019

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
It is true that there are a lot of cryptocurrencies, it is the main reason why we should only pick some cryptocurrencies that have potential. Most of the cryptocurrencis nowadays can be considered as shitcoins, we should find profitable ones.

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August 25, 2018, 12:53:07 PM
 #1020

There are a lot of cryptovariants. And this creates inconvenience, as a rule projects use only their own tokens. When you generate a token that everyone will need, and will accept it all - it's a token and will be a new digital world currency.
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