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Author Topic: So many cryptocurrencies !  (Read 6270 times)
BarbieCasino
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June 04, 2018, 08:29:39 PM
 #201

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.
The concept of regulation in  the crypto world in necessary to a limited extent and this is because we have so many crypto currencies in the market now that has created a fuss. Only few except the rest are good in terms of profitability and stability. It is not just about introducing a coin in the market, it is also about your programming and market capturing strength. The crypto regulations might kick out such coins from the market and the other thing is that it will help giving and end to scams.

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jorgelugra
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June 04, 2018, 08:30:53 PM
 #202

Choosing the most reliable and safe is the best way to get rid of the possibility to take risks. I think that btc and ether can be the best possible choice ever.I prefer bitcoin as it is the most popular and wanted
BillJackBlow
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June 04, 2018, 09:17:23 PM
 #203

many of them are not decentralized, as we know that cryptocurrecy is not fiat money is very difficult to manage it
this is bad for bitcoin which is the main point of the crypto itself
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June 04, 2018, 09:49:04 PM
 #204

Exactly because of so many crypto currency people are confused which crypto currency is the best to invest. Because of many choices of crypto currency people are asking which one is better, reliable and safety to invest.
charlzyeby
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June 04, 2018, 09:56:52 PM
 #205

Most of the up and coming projects do not have a working project or may not even have an achievable idea which can be developed into a sound project. I usually look for projects which have been around for  or three years and have joined blockchain to make their project better. it is likely that these projects will succeed.
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June 04, 2018, 10:36:31 PM
 #206

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
Many electronic money has made us dizzy and do not know which project to choose, do not know which coin will be a strong penny in the market, every day there are too many ICO projects come out. Included are low quality, fraudulent ICO projects designed to appropriately dispose of someone else's property, so be careful.

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JPage
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June 05, 2018, 08:12:58 AM
 #207

So those all currencies are just going to be a rare collectibles actually worthless in the termas of price! So choose a top ones
ChrisPop
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June 05, 2018, 08:24:33 AM
 #208

Well.. there is no need for regulators to engage necessarily. We, as investors, need to do a thorough research before contributing to any ICO/cryptocurrency in the market. That goes all around from whitepaper to team and product potential,marketing,etc. Your money, your decisions. You can't rely on anyone else doing that for you. Wink
muzica0519
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June 05, 2018, 08:26:07 AM
 #209

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.

Of course, competition in the cryptocurrency is the best to determine whether the currency is worth it to be used or not. We should never be distracted by how many cryptocurrencies are there but the quality it has offered for use.
kimochidesh
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June 05, 2018, 03:34:05 PM
 #210

Yes, agree with you. With so many cryptocurrencies being launched every day, the numbers of frauds are also increasing. Therefore it important that there must be some rules and regulations framed in the fields of crypto market. Every new Altcoin must comply with such rules and regulations in order to enter in crypto market. This would be such a relief as it will allow us to trade fearlessly.
Reagan_alvaro
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June 05, 2018, 03:55:45 PM
 #211

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 were so many cryptocurrencies that exist nowadays that made us confused what coins to trust.The market has already becoming so populated with new coins and its making the cryptocurrency world polluted with scam coins that most investors were victimize.Once those teams of developers make a platforms for ICOs and after the crowdfundings investors money will fade like memories this will alarmed investors to trust again in ICOs.Investors must set strategic ways on choosing ICOs inorder not to become a victim of scammers and frauds.





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nasipadang
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June 05, 2018, 03:56:00 PM
 #212

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's because cryptocurrency decentral, so everyone can make a token let alone with smartcontract platform, anyway for scam especially in ICOs it depends on the investor itself, now there is also like ICObench and ICOtrack which give some suggestion to invest and also expert opinion which is on the site like ICObench.

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BartS
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June 05, 2018, 03:58:55 PM
 #213

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?
This is a free market and it is impossible to try to limit the number of coins that appear in the market so the only thing we can do is to stop investing in all of those useless projects, many people do not even make the smallest effort to try to understand if the project has a future they just invest in whatever project and that is why we have the problem of so many coins in the market but this always happens and it is part of any market because if you take a look back to the past you will notice the same happened with the dot com bubble.
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June 05, 2018, 04:41:44 PM
 #214

there are indeed so many crypto, because this is a free market so people are confused to invest their money where. I think there should be a special standard given for copying altcoin into the market. in this way it will greatly decrease the fraudulent acts in the crypto market.
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June 05, 2018, 05:09:11 PM
 #215

for some people, many projects apper will bring new concept for cyrpocurrency future.we will have much choice about bitcoin application in any dicipline technology.especially for bouty hunter.there will much opportunity to gain money by joining bounty campaign.

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June 05, 2018, 05:22:51 PM
 #216

Yes, you write everything correctly, but you should not forget  to get to the exchange, ICO owners, you need to spend 5 BTC and more. Not every company can afford this. For example, the scammers made a coin and collected money, for the tokens they offered. After, they wanted to sell their coins on the exchange, but here, not the fact that the exchange is normal you will let there. After all, not every exchange is interesting for users, sales volumes can be very small, and there is no sense. Therefore, the exchanges themselves make a filter of these new coins and tokens.

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mr.nby
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June 05, 2018, 05:26:02 PM
 #217

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.

Of course, competition in the cryptocurrency is the best to determine whether the currency is worth it to be used or not. We should never be distracted by how many cryptocurrencies are there but the quality it has offered for use.

There are indeed many coins. Probably the market will regulate it. Little or nothing worthless coins will eventually disappear from the market. Only in their place will new ones appear together with new projects. The amount of coins does not matter much. Quality is more important.
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June 05, 2018, 05:28:34 PM
 #218

for some people, many projects apper will bring new concept for cyrpocurrency future.we will have much choice about bitcoin application in any dicipline technology.especially for bouty hunter.there will much opportunity to gain money by joining bounty campaign.

Yes. If use one coin. It will increase the coin in the market. So it not use the all country people. So many coin is help to people choose and invest for the future growth. So it help to people invest so many coins. People will be gather more information and plant to invest and complete the work on time. All coin time to change the  price. Market place is help connect the all country people. So people invest in the all coin. Some coin will be go down. So don't sell wait for the price increase then sell it.
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June 05, 2018, 05:31:33 PM
 #219

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 are so many cryptocurrencies now. And they have a variety purposes. We all know that. Thats why every token has their own white paper. So I am aware who are those shit coins and none. I always read those white paper and their road map. I am enjoying reading them I also checking the backgrounds of those manager and teamsteam that they belong.
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June 05, 2018, 05:33:14 PM
 #220

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.

Of course, competition in the cryptocurrency is the best to determine whether the currency is worth it to be used or not. We should never be distracted by how many cryptocurrencies are there but the quality it has offered for use.

There are indeed many coins. Probably the market will regulate it. Little or nothing worthless coins will eventually disappear from the market. Only in their place will new ones appear together with new projects. The amount of coins does not matter much. Quality is more important.
True, this is like in normal curriencies that we know from daily use, money like dollar or euro are one of the strongest and people are just focus on them cause countries which they use them are the strongest one, the same is with crypto, we do not look at coins that noone use, we just focus on "best" for example 10 from market.

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