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Author Topic: So many cryptocurrencies !  (Read 5623 times)
Kevinvaonav
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September 08, 2018, 10:26:23 AM

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.

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taeewo
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September 08, 2018, 10:36:10 AM

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.
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September 08, 2018, 10:37:33 AM

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.
That is the thing we need to choose and to know what cryptocurrency we need to used and we need to start an investment with. It does not really matter to know all the type of cryptos, all we need to consider is to have an option on our trading for us to have a better investment and transaction when it comes to each usage of the cryptocurrency.


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Kadal Ijo
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September 08, 2018, 10:48:29 AM

This is certainly surprising, when I opened the coinmarketcap site that there are now more than 1900 coins and tokens available, this certainly makes all investors confused by too many coins.

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September 08, 2018, 11:01:03 AM

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.
I don't think a proper regulations would help much in the first place, as it is way too easy to start an ICOs projects and start raising funds online, the investors that are planning to invest their money into that specific ICO project should really put in efforts and time to research about the project, and they should avoid investing their money to developers who are clearly operating a scam project, once the volume of investment money is getting lower, developers with fake projects would surely leave the market by themselves as there is no more profits to be gain.

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September 12, 2018, 07:43:50 AM

The more the greater risks of losing. How do a business sell if all are just selling and consumers are depleted because they think its good being in the business? This is what is happening right now. Small companies are on the lose and are not gaining profit anymore.
Jay51
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September 12, 2018, 07:48:31 AM

I agree that too many ICOs or cryptocurrencies could just just make the risks greater. But I always believe that it is not just about the number. It is about how people really love to get rich such that even when the method or way of gaining is illegal.
Leocristophe
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September 12, 2018, 07:56:54 AM

A lot of choices for exchanging in the crypto market. So choose which cryptocurrency to invest. This is worrisome for newcomers.
jscresult2017
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September 12, 2018, 08:09:40 AM

Yes! There are many crypto cryptocurrencies available. As a result, sometimes I got confused about it. I can't qualify which is true or false.
Core.i7
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September 12, 2018, 08:29:10 AM

There are ton of coins and all coins have there own features. As far as i know bitcoin is using for longer term. Where other coins like alt are using for trading and short term investing

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September 13, 2018, 10:36:34 AM

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 it will be difficult to make regulations governing crytocurrency. because it must involve many countries and many parties.
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September 13, 2018, 12:54:18 PM

Cryptocurrency is a digital asset designed to function as a medium of exchange that uses strong cryptography to secure financial transactions, with many companies creating Cryptocurrency coins to facilitate the transactions they make. And this cannot be set by anyone, everyone is free to create their own Cryptocurrency. And in dealing with this, we as Crypto players, must be careful in choosing Cryptocurrency coins. Don't let us be fooled and our money is lost.

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Antu3032
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September 13, 2018, 04:33:48 PM

I think that,every cryptocurrencies has their own road maps. their responsibilities, developers, to take the road that in their mind.All the crypto trading platforms will have to abide by the rules of this organisation.There`s nothing wrong with having a tough competition,a competitive market is a must and only the strongest and most trustworthy coins will survive.
muddy waters
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September 13, 2018, 06:04:47 PM

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 certainly should be some kind of regulation, because everybody is already fed up with this chaotic sprout of alts like mushrooms after the summer rains.
The thing is that most of these coins are unnecessary and such copy the ideas that have already been presented to investors.

fivejonnyfive
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September 14, 2018, 09:00:56 AM

Competition is a good thing in any market, and also the freedom, which I believe is a nice aspect of the crypto world. But I agree, for those getting scammed it is not that good.
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September 14, 2018, 09:17:41 AM

Competition is a good thing in any market, and also the freedom, which I believe is a nice aspect of the crypto world. But I agree, for those getting scammed it is not that good.

Yeah, sometimes competitions are good and sometime bad too because some project can't survive the competitions only those with stronger beliefs and dedications survive.
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September 14, 2018, 09:18:28 AM

Competition is a good thing in any market, and also the freedom, which I believe is a nice aspect of the crypto world. But I agree, for those getting scammed it is not that good.
it can be said that there are so many cryptocurrency at this time because of the competition in making a better project. So, when a project has shortcomings, chances are, there are other parties who make projects with better benefits. so there will be more cryptocurrency, and of course there will be lost.

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September 14, 2018, 09:39:17 AM

Competition is a good thing in any market, and also the freedom, which I believe is a nice aspect of the crypto world. But I agree, for those getting scammed it is not that good.
it can be said that there are so many cryptocurrency at this time because of the competition in making a better project. So, when a project has shortcomings, chances are, there are other parties who make projects with better benefits. so there will be more cryptocurrency, and of course there will be lost.

Yes, because projects are not perfect and new projects came will only have another project to replace them if certain features will not be implemented. The competitions will never end.
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September 14, 2018, 11:18:20 PM

With regulatory body there will be less coin and hopefully it can decrease the fraud coin, but people prefer crypto to be decentralized, infact most of investors like crypto because its decentralized, so even I think regulatory is going to give positive effect on the investors, but I think the investors prefer a decentralized investment
Someone once likened ICOs to the Music Industry, where each album represent a given ICOs. There is really enough room for everyone but we really need to get rid of the scams
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September 15, 2018, 12:09:24 AM

Right , so many crypto currencies. Mostly are just copy cats and just created to scam people. Me, I only believe in the top 100 crypto, I think they will be the last one to stay.

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