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Author Topic: So many cryptocurrencies !  (Read 6166 times)
Cotton Candy
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June 07, 2018, 11:05:23 AM
 #241

There has to be some kind of a worldwide cryptocurrency organisation,which approves or denies new altcoins.
All the crypto trading platforms will have to abide by the rules of this organisation and clear the crypto marketplace from the shitty pump&dump coins.
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.

Ia m not aware that there some what an organization like that here that is existing because there are a lot  altcoins that are existing but most of them are just a shitcoin that is not helpful in the industry. After all having a lot of altcoin is a normal thing because in every way there will always be a competition so unfortunately other cannot keep up with the veterans but that is okay at least they have tried to create their own coin
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June 07, 2018, 11:26:47 AM
 #242

indeed a lot of cryptocurrency that appears today, therefore we must be good at choosing to invest, because many ICO is not clear.
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June 07, 2018, 11:45:56 AM
 #243

Well there are many projects with great visions that are tying to raise funding through block chain and the known way  is to issue a token or coin so we will continue to have different tokens as far as new visionary projects pop up on the block chain.
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June 07, 2018, 11:52:42 AM
 #244

yeah indeed, if they have a good roadmap and can make any of achievment in that that would be a very good competition, as long they still doing any fair competition i think thats would be good to have that much

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June 07, 2018, 03:24:31 PM
 #245

It is easier to say "legalize it", but I havent come across any guide or paramters on "How"
Haven't you heard of other countries legalizing the use of cryptocurrencies? There is a lot of process to legalize cryptos on one country, a lot of regulations to be made by the government to the ICOs and exchange.

The one that really makes a difference is Sparkster, specialized blockchain that can support more than 10 Million TPS. Really worthy of attention
Nice way of advertising your campaign tho.  Grin But if their platform is not launched yet , it is hard to convince other people to believe in their goal. We really need to have some sort of proof first like if their achieve their goal.
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June 07, 2018, 03:27:28 PM
 #246

There are so many cryptocurrencies out there these days that it even scares me. But one good thing about all these is that there are still good ones out there that one can invest in
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June 07, 2018, 03:33:18 PM
 #247

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 fine if there's so many cryptocurrency, it only means that bitcoins will continue to grow even in the future because there are a lot of people who are still interested on investing a huge amount so just keep on believing in bitcoins because it has a bright future.
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June 07, 2018, 03:40:00 PM
 #248

it is caused by many of the developers who see the potential is good enough to run a project related to crypto currency. and not infrequently from some of the unsuccessful projects of the kind of coin they create because there are not many of those investors who are interested in investing in some new coin that will be launched and in the end some new coins that are created will just disappear.

 
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June 07, 2018, 04:55:19 PM
 #249

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 fine if there's so many cryptocurrency, it only means that bitcoins will continue to grow even in the future because there are a lot of people who are still interested on investing a huge amount so just keep on believing in bitcoins because it has a bright future.
Yes in today's market there are a lot of cryptocurrencies present and theu seem to have a very good potential and they can give us very good amounts of profit rates.Since digitization is going on the demand of these cryptocurrencies are increasing and there is more and more invention of new cryptocurrencies.Technology is developing day by day.Cryptocurrencies though are risky but one should definitely try them as they are worth risk taking.They give us an opportunity to earn money.Some of them are bitcoin,ethereum,ripple,litecoin etc.

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dillema018
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June 07, 2018, 05:05:45 PM
 #250

it is caused by many of the developers who see the potential is good enough to run a project related to crypto currency. and not infrequently from some of the unsuccessful projects of the kind of coin they create because there are not many of those investors who are interested in investing in some new coin that will be launched and in the end some new coins that are created will just disappear.
Yes, its true that many crypto currencies are now in BTT some of this are scams but many of them are also trust able, you need to pick the right one. search for the project you want to invest with.
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June 07, 2018, 06:31:04 PM
 #251

As it stands now, there are a number of crypto currencies rummaging on the market.For each crypto currency to be of success, the roadmap, which serves as a trend it uses to follow. Moreover, the developers are also entitled to roadmap with the due seriousness so as to make the specific crypto currency be of success.
One may ask how do you determine whether this crypto currency is a fraud or not. This has been a subject of discussion by bounty hunters but I think we got to research more on that.

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June 07, 2018, 06:33:18 PM
 #252

There are not only currencies. There are tokens. We have not so many cryptocurrencies how you think. There are projects with their own blockchain, platform etc.
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June 07, 2018, 07:09:59 PM
 #253

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





I think There is nothing wrong with a tough competition, a competitive market is a must and only the strongest and most reliable coins that will survive.
There must be a worldwide cryptocurrency organization, which approves or rejects the new altcoin.
All crypto trading platforms must obey these organizational rules and clean up crypto markets from shameful pumps & dispose of coins.
JPage
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June 08, 2018, 07:36:22 AM
 #254

 this is really easy to understand because only the top coins can make a difference just like in the fiat world
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June 08, 2018, 08:25:23 AM
 #255

this is really easy to understand because only the top coins can make a difference just like in the fiat world

Well theres so many cryptocurrency but there are only few of them are legit and has a bright future, but the most popular and well known crypto coin is bitcoin, because bitcoin boom on last year of december, it rises rapidly and many people waking up for that performance, and now ethereum is slowly improving and somebody says that ethereum is the next bitcoin, so now lets see what ethereum become in near future.
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June 08, 2018, 08:29:32 AM
 #256

Its true too many coins are already in crypto market and we dont know what coin will have a high value in the future so its the responsibility of the developers to maje that coin valuable.
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June 08, 2018, 09:03:29 AM
 #257

It is clear to everyone that Bitcoin played its big role in the appearance of many cryptocurrency, and the creators of these new digital coins in the first time tried and conducted the analysis of Bitcoin to correct, improve, eliminate its shortcomings. But very many of the created digital coins did not survive and left the market of cryptocurrency, even in full measure not having to show themselves. And Sejcham almost forgotten the original purpose of the creation. All created new coins try to compete among themselves and find their users. And if they do, I think they have the right to live.
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June 08, 2018, 09:09:39 AM
 #258

There are a lot of cryptographic ciphers in existence. According to my newspaper, there are about 1,658 types of digital money. The total value of digital money is just under 369 billion dollars, but in the future they are. We will have new  many cryptocurrencies
Angna27
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June 08, 2018, 09:13:17 AM
 #259

Each in every coin has its own time to boom and bloomed they grow in a span of time given a chance and as bitcoin also grow and expand and rise it value these coins will move, and also its up to the developer's job to take care of these coins.

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June 08, 2018, 09:32:46 AM
 #260

I always wonder when there will be a regulatory body to check all this enormous altcoins. The rate at which projects are evolving and new coins are coming into existence is perpetuating scams in the crypto business
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