So many cryptocurrencies !

[Nnedaddy1]

There are so many cryptocurrencies today, this can be attributed to the massive investment  interest from the public.
But it has its negative impact.... Which is making it difficult for investors to choose between the many coins.

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[Norihiro]

Agree with that fact, it gives a really bad influence to ETH and crypto market as a whole thing, ICOs having extremely bad times this year as well...

[Alifal]

I know that Every crypto currencies has their own roadmaps, and I think it is their responsibilites, developers, to take the road that in their mind, will make their crypto  successful. If their crypto currencies did not survive the cruel competition with a lot of other opponents then I think that is the fault of the developers and we don't need to think about it since we are just basing our investments on their future plans and strategies. thanks

[nayeel]

There are too many projects launching every day, many of them are scam projects, many of them don't have real projects behind the team that they are representing. There's a big competition in cryptoworld and I just realize the there is too much coin circulating the market which I see a very risky market since not all coins is true and can generate profit. Someone should really control this, yes they need to compete in order for them to survive.

[indayburakday012]

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 ?

We could not limit the likes of those coins in the market since its application is not centralized. As we all know that the project may differ from one another even if their concepts are the same. This is in the relation to the location where the project is being implemented. However, taking some measures for this matter would also be good.

[taliwang]

yes you are right now there are so many new cryptocurrency and you have to be able to utilize the new coin movement to be able to find a lot of profit but I suggest you can choose cryptocurrency which has very good potential.

[James_H]

Yes, the more new cryptocurrency that has reached thousands has advantages and disadvantages, the choice is more and more so that we can choose good coins while lacking, currently many projects are not successful selling IO because people are confused about choosing. Each crypto currency hastheir own road map.A competitive market is a must and only the most powerful and trustworthy coins will survive .

[jscresult2017]

Yes! I agree with you. But wallet or websites are not trusted. Before investing in a site, must be considered that the website is real. There are many types of system available to get the real site. 

[hdheiiwo123]

If people continue to gamble on low cap random coins, there will always be new ones.

[needcryptos]

With the emergence of a lot of e-money, the society is growing crypto, and there will be fierce competition among the currencies, and then one can find a strong currency to invest safely.

[Btcaivah1]

There are alot of cryptocurrency the is already running throughout the market as they all have their uniqueness and different usage. Those cryptocurrency that decline are the crypto which does not survive its category competition.

[prokerduit]

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 ?

yes in my opinion there should also be someone who regulates it because in addition there will be many crypto who are scam or who force their ico so as not to reach their destination and investors will be increasingly afraid to invest it in addition to fear they also waste their time.

[serizawa]

obviously more and more new crypto means that many companies want to make their own coins so many people want to invest in new coins. so I think more crypto is a very good sign for crypto future

[David bente]

Do you see more and more crypto that there is an impact on the price decline is very large at this time. everyone is not focused on a single coin or token. all invest only in new coins and leave coins that already exist. they do not think before choosing a new coin while the old coins are more qualified.
 

[aleksnutis]

The market itself will make its choice. Natural selection will do everything as usual, only time is needed so that the market itself can change.

[Janation]

obviously more and more new crypto means that many companies want to make their own coins so many people want to invest in new coins. so I think more crypto is a very good sign for crypto future

I think there are some companies that are planning to make their own cryptocurrencies but most of them are group of developers making a one goal. More crypto means more popularity in the future.

But the disadvantage of this many cryptocurrencies is that there will be a lot of competition and there will obviously be a lot of scam projects. As an investor, you need to take care of your investment that it might fall down to the wrong hands.

[19Nov16]

This is crazy, regulations must be set up that regulate coins and tokens, if everyone is free to make coins and tokens then the number of cryptocurrencies can reach 10,000 in 2 years, and too many coins and tokens will make competition unfavorable.

[kasurnya]

all ICOs are launching their coins, and I see there are a lot of ICOs every day popping up, but most ICOs today are SCAM.
in my opinion, the more altcoins, it's also positive for the market. it will attract new investors to start investing here.

[Kevinvaonav]

like currency, the more crypto the tighter the competition between companies I see many who use their crypto currency for their product trading transactions, so the crypto function has now developed into a company product exchange tool, going forwardI have become a solution in the futurelike currency, the more crypto the tighter the competition between companies I see many who use their crypto currency for their product trading transactions, so the crypto function has now developed into a company product exchange tool, going forwardI am a solution in the future.

[taeewo]

so many of the cryptocurrency been created without no purpose or good use case, regulations in really needed on this aspect to make all fake projects close down so we can remain with the real project.