So many cryptocurrencies !

[superstarbtc]

in the decentralized network, there will be many cryptocurrencies coming and every concept can have a cryptocurrencies so we will see endless coins coming in market but selecting the best coin makes the difference as a crypto trader

[BitBite5]

Yeah, it's like we are having flood of cryptocurrencies. All the time more of them appear, each of them trying to achieve the success of bitcoin. But not all of them will succeed to survive on the market and keep the value.
And because altcoin market is so big and diverse it's very hard to pick the right coins and it's geting harder and harder.

[cryptojaani]

big competition in cryptoworld and I just realize the there is too much coin circulating the market which I see a very risky market since not all coins is true and can generate profit. Someone should really control this,

It is good for us because we have an option for us to choose on starting an investment but each crpytocurrency has its own risk for us to take when starting an investment or planning to trade in. So it is best to learn and try to read experience for those people who take investment and trading as a source of profit and income. Because experience is one of the best information we get here in forum to support our goals and dreams with the used of cryptocurrencies.

[MainIbem]

All the cryptocurrency are not the same. Some are coin,  others are tokens. The tokens are either utility token or specific token. Although there is need to control them. Most of the cryptocurrency will die some will merge, as it is happening now. As the technology evolves, there will be alignment of most cryptos.

[supercanada1]

I think more and more crypto more options for us to choose the best cryptocurrency and it is very good for the development of crypto world,

The presence of so many crypto currencies in the market means that people are interested in crypto currencies and every body wants to launch their own currency but just launching the coin is not enough and one has to come forward with a good project. If we talk about the way to escape the fraud coins, we can really do that by expanding our study and understanding about the crypto currencies and factors like risk and liquidity associated with them.

[atliens99]

Watch out for TrumpCoin, Trump coin is the shittiest of all the shitcoins in all of shitcoin land.

[Tungsten-1]

Its also bad fact that there are too many copy coins of Litecoin,Bitcoin and Ethereum and their destination is just to manipulate with people,People are trying to create more and more shitcoins to ,,get something'' from the market,They are paying too many for ads and then people have trust and buy this coins without any observations,but at the same time this balance will be achieved by ,,invisible hand'' on the crypto market...Also  we know too many cryptos with great opportunities which allows us to create something cool and to do more good things in our business.

You should keep your interest in a valuable cryptocurrency and that is the Bitcoin so you have no choice of losing money if you know hoe to handle investment. Other coins can also be your 2nd and 3rd choices and investment in those coins is also benefited. Benefit is more from the Bitcoin and less from the other coins in comparison with each other. Now it is up to you eight investing only in Bitcoin or in other besides the Bitcoin.

[Strongball]

It's the byproduct of Cryptocurrency's success. There's no stopping progress and
development in this time and age especially with digital currencies. There are probably
more people out there looking to invest or start the next big thing in crypto,
competition is good it's distinguishes not just the strong one from the
weaker coins out there, it also gives the idea and potential for upcoming
and existing coins room for improvements and success.

[Vlack]

There are a lot of hidden gems and great out ideas out there, but they get lost in the sea of crypto. That's a shame.

[boddy.dy]

Yes indeed there are a lot of crypto currencies and there are good and bad effects of this. Lest start with the bad effect, well the bad effect is that if there are a lot of crypto currencies the competition is high, the users will have a lot of choice to go with and with that the users and the demand will be divided. The good thing here now is that if there are a lot of choices the crypto currencies it will have a good competition. And we all know that if there are good competition the crypto currencies it will do their best to develop their coins for its users not to go out with them.

[Naficopa]

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.

I also think regulations in this matter are unnecessary. The market will verify it and the weakest and lowest quality coins will disappear from the market. Everyone invests in coins that he considers profitable.

[hexline11]

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 ?

For me it's also a negative way. Why? because having many cryptocurrency being active, it is hard to find which is better and some project are not legit. Also it will make the other cryptocurrency price decreases because many people will join other crypto which investors will be divided.

[dragonwolf88]

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.

I also think regulations in this matter are unnecessary. The market will verify it and the weakest and lowest quality coins will disappear from the market. Everyone invests in coins that he considers profitable.

Soon, all those not serious new project will disappear and those projects with serious and legit plans for its platform can only reach success. This is what always happen in the crypto world. So be wise to check those legit ones.

[Froloff92]

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.

[Magiklair]

In comparison with conventional money, they do not have a single issuing center or course management body, their lists, status. Everything is built exclusively on the complex process of creating each new unit of virtual money, its use to buy or sell anything. Distinguish electronic money by methods of payment. The initial value of the crypto currency is determined by the "Proof-of-work" approach, that is, the evidence of the work done to create it.

[jeraldskie11]

It is good news that there are many cryptocurrencies but it's not an easy way to choose a coins has a big potencial to grow because some of them are using it to scam a lot of people. So we need to make research, study and undertand all we read before investing so we can choose a right coins that will make us more profitable.

[Elrozaq]

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 I do not think it necessary to make rules about this issue, let the competition determine the quality of a currency. 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.

[Surge_Dev]

Bitcoin is the best coin! money that moves from the collection stage of monetization to becoming a repository of value. As an untrusted currency product, it is possible that at some stage in the future bitcoin will become a universal unit, similar to gold during the classical gold standard of the XIX century.

[bitcoin31]

Thousands of crypto right now in the market and counting and most of them are failed almost 75 percent only few altcoins are good to invest and you get profit. Better to do research about the different coin you want to buy to prevent not potential coin and get potential coin for you.

[Dodoymabs]

This is a sign that blockchain technology really been so useful because some companies are planning to adapt the technology due to its very nice features. There are a lot of things that we can think on how we can be benefited with cryptos and this is definite one of the many reasons why cryptos keeps growing.