So many cryptocurrencies !

[redsun114]

There are a lot of Cryptocurrency because it is easy to make one. Creating cryptocurrencies are taught at different Crypto Platforms like NEM. As long as you have knowledge about Blockchain Technology then creating Crypto will be easy. You first need to consider what platform will you have and if your platform plans to be launch at different countries or just inside the country.

Yeah this is really making the moves. We are seeing bitcoins and other crypto currencies just moving forward. This block chain technology would be enhanced regularly if that is being accepted from different banks and economical centers. And like you have said, this banking acceptance of bitcoins and other crypto is just a fantastic step and we are rely in need of this.

[greeklogos]

You are right, we are just sinking in the sea of trash coins and I believe in future it will appear many new crypto currencies, coz this process is totally unregulated for now. There is no doubt that produce of new coins should be limited, but what should be done to achieve it?

[Umar001]

Yes they is numerous crytocurrency, it's a welcome development, but the regulatory control should up and doing to avoid investor being scams, and unhealthy competition,

[yvesp110]

A huge numbers of coins in the market it only makes people confusion which one would survive for many years. It happens today that some coins are just sleeping in the corner, and it's dev's are just letting it to be dead.

No doubt having a lot of crypto currencies in market confuses the person if he had to choose one of them. No doubt all the crypto currencies are good and have some sort of qualities which are necessary for their survival like a very big history from creation up till now but I think BTCs have an edge over all other cryptos because of its fame and acceptance all over the world.

[gabbie2010]

As the world population is increasing on daily basis thus so many projects are created using blockchain technology related Cryptos which serves as a solution to the societal problems in form of decentralization e.g using this technology on binary, freelancing, music, exchanges e.t.c invariably prompted the creation of thousands of Cryptos personally I believed as the Cryptos popularity increases the more people will adopt the relevant Cryptos that is suitable for their needs.

[Lorence.xD]

The proliferation of cryptos and the attending increase of cryptocurrency exchanges go a long way to show that the crypto industry has come to stay. For those who fret, it's time to stop fretting. The market isn't going anywhere. Invest and exercise patience to reap the dividends of your investment.

Now, about the different number of cryptos getting listed, I like to say it's ok. What the heck! Don't we havev a great number of companies getting on the stock exchange annually? OP, have you heard that adage, "The more the merrier?" So should it be in cryptos too.

We have participated in crypto currency investment by either buying or selling in the trading market, we pick one coin for investment, project or even campaign, we should not worry about the New Crypto coin joining the trading market, yes, the more the merrier. It just indicate, that the evolution of digital transaction in the trading market of crypto is growing and a lot more participating into the project investment, this is good for the market.

[kokobaba880]

Due  to crypto usage many coins are available for usage and for making investment and it s promoting the internet business in the world and it is crypto currencies era we have to be in touch with it.

[bart_to_bart]

And most of them are scammers! So invest only 5% of the total

[nightxglow]

Maybe it will be a good thing if there's a regulation to prevent fraud coins but the question is, who will do that? And if somebody offers to do that, will other people in this cryptocurrency world agree about that?
Because many people like cryptocurrency because first, there's no one who can regulate this. If it changes, maybe it won't attract as many people as before, although i bet the regulation may lead to a good thing. But everyone has different opinions.
And also, many coins out there may lead to confusion, moveover to people who don't understand about cryptocurrency and don't know which coin to invest. If people understand and invest in good coins, then all other unimportant and worthless coin would be gone.
But still, i think we should give the chance to everyone who want to launch their own coins. We can't judge easily, who knows their coins actually worth it and can be valuable.

[makolz26]

And most of them are scammers! So invest only 5% of the total

That is why we need to have at least regulation from our government since a lot of cryptocurrencies are coming out in the market but not all are worth holding for long term, so for me one criteria that we should have in the regulation is that the coin should be worth holding for a long time.

[mel1978]

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 ?

In my own opinion, maybe there is a need to have regulations to follow in order to lessen also scams on crypto because yes there are lots of cryptocurrencies and there are also lots of scams so there is a need to be strict in launching a coins. So much scams appearing and a lot of people scams.

[JackdunR]

As the world population is increasing on daily basis thus so many projects are created using blockchain technology related Cryptos which serves as a solution to the societal problems in form of decentralization e.g using this technology on binary, freelancing, music, exchanges e.t.c invariably prompted the creation of thousands of Cryptos personally I believed as the Cryptos popularity increases the more people will adopt the relevant Cryptos that is suitable for their needs.

Many projects have been created and they have created many fraudulent projects, we can not really believe that they can scam people with such large amounts of money, most of them cheat new entrants. They do not analyze the depth of a potential ICO project, and that is why the Crypto market is getting worse.

[Hopeful2017]

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 ?

Making regulations in cryptocurrencies would be really difficult because the main thing in crypto is decentralization. Yes, it is really a tough competitions but the more choices, the better because you would compete in the crypto world and be wise in choosing the good ones.

[JPage]

You know, many guys say here, but also I agree with them that only top 20-30 are making any difference on the market by now.

[tlqewcwf]

There are too many coins that are inactive. Many of them have stopped updating their code, and must not buy such coins when investing.

[Magiklair]

Yes, today, there are really too many crypto currencies but I am sure that this is not necessary to choose any of them, except btc and maybe ether as well . Both are popular and most wanted. I think that others aren't very safe

[manismanja]

yes you are right now very much cryptocurrency therefore you better can choose a good cryptocurrency and have a good development to can give you a lot profit.

[KorakPawon]

yes you are right now very much cryptocurrency therefore you better can choose a good cryptocurrency and have a good development to can give you a lot profit.

this happens because some of the first coins appear and start attracting a lot of attention and huge profits for some parties and companies even up to one country to benefit from digital currency so many new coins are popping up that hope to get the same luck.

[Bigmidget]

I think there are over 20000 right now. Fortunately most don't get on Coinmarketcap.

[Eliyo]

I think it is rather positive in the real sense of the word. While the multiplicity of coins may invoke negativity I believe that most of them will fissile out on the long run. The cryptocurrencies that will survive the long run interplay will automatically earn credibility and thus further improve public confidence in the coins market.

Critically, the idea of a single body to regulate cryptocurrencies would conspicuously violate a key characteristics of the crypto world which is politically and architecturally decentralization hence should be down played as much as possible.