So many cryptocurrencies !

[patrickj]

Truly, agree with you. With such huge numbers of digital currencies being propelled each day, the quantities of cheats are likewise expanding. Consequently it imperative that there must be a few rules and regulations confined in the fields of crypto advertise. Each new Altcoin must consent to such guidelines and controls so as to enter in crypto advertise. This would be such a help as it will enable us to exchange bravely.

[jmigdlc99]

There are indeed too many cryptocurrencies popping up here and there and 1624 is indeed a large number. The thing is, there is nothing we can do about it because crypto was developed to further enhance our freedoms. Freedom from corrupt banking institutions that aim only to take our money. By limiting creation of new crypto, we risk being the same institutions we were trying to prevent in the first place. Just forget the other shitcoins because they won't matter. Only the real projects will remain in the long run anyway.

[lol1yatme]

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

We don’t need any regulatory to help us in this, or in preventing of scam. Cryptocurrency is not where you can easily get scammed, except you decide to make the mistake by yourself. There are lots of cryptocurrencies with good reputations already, we have Bitcoin, Ethereum, Litecoin, Zcash, Monero and a lot more of them. If you choose to go for all these news cryptocurrencies with no reputation, then bear in mind that you’re doing so at your won risk.

[fluctuations]

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

We don’t need any regulatory to help us in this, or in preventing of scam. Cryptocurrency is not where you can easily get scammed, except you decide to make the mistake by yourself. There are lots of cryptocurrencies with good reputations already, we have Bitcoin, Ethereum, Litecoin, Zcash, Monero and a lot more of them. If you choose to go for all these news cryptocurrencies with no reputation, then bear in mind that you’re doing so at your won risk.

Yes, I think so. There are too many pennies in the market and many of them are good if we choose and filter out good pennies to invest. But if you filter and evaluate well, investment in ICO is very profitable.

[RasicaOla12]

Do you know we are aware of how many co-altcoin current? How many coins have you invested in and which coins do you see as potent and lasting, I have invested 3 coin out of the coin we currently have.

[cleygaux]

While looks like the sec are very slow on how icos will be regulated to protect investors every investors should be very careful on selecting projects they want to invest but much better if theres one centralized organization that facilitates crypto investments like icos, ptos so that we must protect our hard earned moneys.  

[Psynthax]

Yeah its like everyday there is new cryptocurrency project being sprout the market. I just hope there's a regulating body to screen first a project before it is releasing on the market.

I know it will break the decentralization which is the sole purpose of the crypto but this will also improve security on the investment we are holding. Lots of project turns to be scam and too many people victimized of these projects.

Out of all those cryptocurrencies only few survive and mostly dissolve if the market always crashes.

Even if there's a regulation, there will be someone else releasing their own cryptocurrency whatsoever since creating cryptocurrency doesn't require too much resource, instead, individual can easily create one, even easier is making token inside already existing smart contract platform.
The regulation may help but it will still leave some anonymous coin underground so things will just be the same like what we have currently, however those coins aren't forcing you to buy so what's really the problem?

[Eigig]

There could be so many cryptocurrencies flooding in the market today this because of the many ICO tokens that are successfully launched and are out in the market ready for exchanges, that is why we will not wonder if there are many coinsin the coin market.

[Mastsetad]

no need to worry about crypto currency that becomes very much because not all crypto will survive, strong and able to compete will survive and the weak will be lost, so we must be more selective again in choosing a good coin for investment

Lol… well, that’s quite good, but why will I even waste my time going for new cryptocurrencies while there are already good old ones with reputation already? Going for a new cryptocurrency means taking a lot of risk because most of these new cryptocurrencies are usually not successful and they will just de off. As for those investors who invested their money in it, they will just end up with losing their money for good. I can’t take such risk.

[BarbieCasino]

I do not think much can be done to curb the rate at which new cryptocurrencies are springing up. If you will try to curb new cryptocurrencies from coming up, you may be hampering the development of ICO's. Yes, there are so many bad cryptos around, but its just the way it is. I think more should be done in trying to ensure that only real cryptos are brought to the scene

Yeah there are so many crypto currencies in the market and one sometimes feel confused as to where to invest but those guys who have the perfect knowledge and perfect information about the market and are way too passionate and have patience about their investment never fall in traps set by some people who just loot you. Also one should have the ability to evaluate good coin for investment and make long term planning for good future profits.

[miltonpogi]

Composing of more cryptocurrencies in the market is not alarming at all, because definitey most of them are scams  or fraud, lock up with no regulation in the market are better occurence, cause you will witness what currencies will gain top on the line and to distinguish what crypto served preeminent options.

[BitcoinCommodor]

In general there are too many altcoins/tokens, which hurts cooperation; everyone wants their own coin/token to succeed, so their is a disincentive to collaborate with other projects. Ideally economic incentives could be created to bring many actors into the same cryptoeconomic system.

They are doing great being in a group. Like all small coins are gathered and grouped in altcoins and bitcoin is a different entity right now. This cooperation is going good and we can see the charming results. Since 2014 or later, we have seen such a drastic response of audient towards these crypto and they are amazing increasing day by day with their popularity and fame over the globe.

[doraegun]

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 think no competition is going on to crypto currency i know that some of them are  trying to serve better to people for the purpose of easy to transact using virtual currency but many of are disappointed and not active but because of too many crypto come up people are still have many options to get some different alt coin.

[jovs]

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 ?

Perhaps, the emergence of too many alternative coins in the market will in someways be both beneficial and disadvantageous to the public and to the entire crypto program. Since each and every new coin has their own use and campaign, their actual fate depends on how the public will accept and patronized the program and operation. So, it is really up to us, and how we review their white papers.

[Dingdong7]

The only way to lessen the coming of other currencies is through regulations. There should be a set of standard to be met to produced another kind of coin. Most newly introduced coin are all the same, it has to be unique in features which makes no similarities for others. Lesser number of coin will cause to make other coin easily get developed since oeople will be choosing fewer kind in the market. If not regulated, scam schemes will continue to grow.

[Redredred]

I understand your plea but i think that is the essence of Blockchain technology; that is to hold a lot of distributed ledgers. However, i consider this to be as a result of the fact that it is a  new technological system, and many will adapt together with those who scam. I believe this will die-down as time goes on. 

[annango]

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.

Exactly, cryptocurrency is truly a huge market, the number of users is going more and more viral every single day. It’s very clear that crypto market is such a place, where provides people so many chances to get profits, thus when people are aware of this advantage , they hardly ignore this big chance. Moreover, crypto market pave an easy way for people who want to get benefit because no matter who you are, you all have chance to take part in. Generally, because this is a good environment to join in and to get benefit conveniently, so the demand for joining this kind of market is quite normal. Besides, I personally think that it’s pretty normal when a big market has tough competition. As I think that it’s not really necessary to set a regulation in this market because crypto market is so so big, it includes not only 1 country but also all of countries. Hence, if the number of people joins in is going much crowded, it would provide us bigger benefit.

[@maetthan17]

Yes their are a lot of currencies , but not all of them have a good valued you should learned how to search a currency that have a good value .

[dirham99]

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 personally still believe in bitcoin. Every crypto currency has their own road map and I think it is their responsibility, developers, to take that path in their minds, will make their crypto a success. I get many benefits from bitcoin. I thank to bitcoin.

[BitcoinMarketer39]

Yes their are a lot of currencies , but not all of them have a good valued you should learned how to search a currency that have a good value .

Yes not every coin does have a good value in the market and that is the reason why you should always look on the statics of the coin in the market before investing a huge amount of you are really interested on a specific coin.