So many cryptocurrencies !

[infested]

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 ?

Many of the alts are not just currencies they are tokens or "stocks" on companies that offer real products/services. Although i agree the sector needs regulation there is no reason to not have thousands or more of these crypto companies. Investors just need to do their own research and fund the quality ones and let the other disappear on their own.

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[ayambawang]

if the organization needed to be independent and clear the rules do not let any party disadvantaged, but for now I think it is not necessary, the competition is still healthy today, fraud is still minimal, so no need to control it for this

[Black Angel]

With so many cryptocurrencies it automatically makes the competition very tight, so it is natural that natural selection applies, for devs. which is not serious to make interesting coins then automatically abandoned users.

[BitcoinLoan]

With so many cryptocurrencies it automatically makes the competition very tight, so it is natural that natural selection applies, for devs. which is not serious to make interesting coins then automatically abandoned users.

Having several thousand cryptocurrencies isn't a bad thing. However, the role each plays in the advancement of society is what matters. There are those whose main objective is to be used as speculative tools,but with time they will disappear.

[Escf4]

With so many cryptocurrencies it automatically makes the competition very tight, so it is natural that natural selection applies, for devs. which is not serious to make interesting coins then automatically abandoned users.

Having several thousand cryptocurrencies isn't a bad thing. However, the role each plays in the advancement of society is what matters. There are those whose main objective is to be used as speculative tools,but with time they will disappear.

In the world of cryptos we will not wonder that there are so many cryptocurremcies flooding the market andcthevtrading sites , this is because of the many ICOs that are launched and successfully accomplish its goal ,then ttis tokens are very welcome to , the cryptoworld so there would be a more competitions among these coins for investors and popularity.

[enwi]

I think every company has its own strategy to grow its business as well as their crypto currency, for those who have good strategies and good prospects will probably survive but for those who do not have good programs or prospects it will be eliminated

[adpinbr]

With having so many cryptocurrencies, 1624 to be exact and as of now, I don't think its time for some big-time company outside crypto to produce another one, let's talk about quality here, instead of making numerous currencies why not focus on the currencies that have extreme potentials around the market, even if it is just my opinion I really do think about QUALITY instead of having too many currencies.

[spyerf]

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 it needs to have a governing body in altcoin publishing settings. many profit opportunities make many entrepreneurs publish altcoin which I think this confuses investors in choosing potential coins.

[Blackrain13]

     The decentralization of cryptocurrency is the one reason why many people and investors enter in crypto world. Do not care if there are so many cryptocurrencies that compete it's other. Well ,i think it is good,people has a lot of choice if what coin they want to invest. Competition is always there in crypto market since the beginning and now that there are so many cryptocurrency in the market let the survival of the fittest win.

[alizalela7]

With the development of technology as well as information technology today there are more than 1000 digital coin present that will not decrease as they will increase over time.

[yanesna3]

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.

A large number of the cryptocurrencies gives all of us plenty of chances to earn more. I do not see anything bad in the situation when the market counts over 1600 alts.

[Sithara007]

With having so many cryptocurrencies, 1624 to be exact and as of now

The total number of crypto-coins is around 10,000 and not 1,624. The latter number refers to the coins which are listed in Coinmarketcap. You need to remember that thousands of coins are not listed in that site.

[RokokGudangGaram]

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 it needs to have a governing body in altcoin publishing settings. many profit opportunities make many entrepreneurs publish altcoin which I think this confuses investors in choosing potential coins.

if to choose a coin that has a very good potential is a lot of coins in crypto. and investors will also have to know the best coin to invest in coins, so do not be confused to choose a coin

[MrAntonius]

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 ?

Many exchanges themselves have become a good filter for the selection and selection of the coin listing. So not every coin can get on the exchange. They say that would include a new coin on the exchange, you need to give the owners of the exchange more than 5 bitcoins. True or not, I don't know ....

[AbyssLagiaz]

--
Small companies often are at a risk of shutting down with so tough competition.
--

Generally it is how our physical market also works. Those ICOs are like the fruit stand you see. Either those fruit will be left to rot in the market or just simply go golden in time. It is a matter of competition that makes these market "interesting". They are risking their capital and their expenses in exchange of getting the profit out of the services or the goods they can sell it. Scams are a different discussion and shouldn't be explained in this topic.

[marinakofoleva]

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 ?

Many exchanges themselves have become a good filter for the selection and selection of the coin listing. So not every coin can get on the exchange. They say that would include a new coin on the exchange, you need to give the owners of the exchange more than 5 bitcoins. True or not, I don't know ....

I agree with you that the Exchange is now filtered and sometimes even throw coins from the exchange, for fraudulent schemes. That's correct. This is a very strong development of the cryptocurrency market.

[Chrystora123]

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 ?

I strongly agree if in the form of a legal body that regulates the circulation of companies issuing ICO at this time...so, the ICO permitted is the ICO that really has its office, team, and company.
I'm very confident that with the growing number of ICOs every day, the government will not keep quiet about this, and will certainly form the Agency to regulate ICO and cryptocurrency.

[Nick Abimanyu]

1624 coins that have enlivened crypto market often used by third parties, who want to gain instantaneous profits quickly, usually they often offer great promises with a variety of attractive prizes as bait to trap its victim.
I think, with the growing number of crypto coins on the market it's time for cryptocurrency to have a co-operative body or an agency of its own assigned to govern its existence and circulation

[palle11]

Really many of the listed coins are worthless and some have remained inactive for a very long time. They deserve to be removed to create space for better and real competition and also to avoid new and inexperienced investors to put their money in an ended project.

[Grayy]

Most startup projects currently want to start with ICOs and issue coins/tokens that may not actually be used in their field of work. Many of these cryptocurrencies have "borrowed" ideas, and some of them do not even a solid and genuine idea at all. These cryptos are likely to wipe out gradually. The developers have to think about solving real-world problems instead of just selling their products with blockchain.