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Author Topic: So many cryptocurrencies !  (Read 6270 times)
alkiw21
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June 25, 2018, 08:06:09 AM
 #561

Indeed, the more cryptocurrency, it is like a competition between cryptocurrencies. They continue to innovate in order to be in the interest of many people. They benefit everyone. But sometimes some cryptocurrency will die if there are no more transactions every day. That's my opinion
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AlehandroTheGreat
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June 25, 2018, 08:27:17 AM
 #562

There are near 2000 different cryptos, but lol, 80% of them are so fishy and scammy  Embarrassed

overseer470
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June 25, 2018, 08:58:08 AM
 #563

I think every crypto currency has its own program to develop its crypto so that if have a good program will certainly many who are interested and will progressively but for those who do not, it will be eliminated
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June 25, 2018, 09:21:47 AM
 #564

It is true, but only top 100 or even less from them are making actual difference, other are just tokens, issued by different projects, that has value only for their narrow sphere.
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June 27, 2018, 11:52:54 AM
 #565

I think every crypto currency has its own program to develop its crypto so that if have a good program will certainly many who are interested and will progressively but for those who do not, it will be eliminated

All the currencies are only built for good way there is no other hacking will be possible but some of them that place so choosing a best currency is very hard job so we could do many researches far away investment before investing take more time it will help you very much .
Everyday new ICO has been launched by someone and due to this there are more than 1000 crypto in the market today. One thing is important that you should invest only in reliable coins because there are many scams in new coins and they betray innocent investors. When they receive no capital, they wind up their coin and you will find them nowhere.

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June 27, 2018, 12:08:21 PM
 #566

Well, it is true that we have already a high number of cryptocurrency present in the market. This is a quite alarming since many coins are coming out on the market at the moment.
JPage
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June 27, 2018, 12:20:11 PM
 #567

Yes, there are many of those, well if you would check you would understand it only from 3 to 5% Of them are really making some difference every other token is just tied to its Project.
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June 27, 2018, 12:45:34 PM
 #568

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 having too much cryptocurrency do no actually affect the market or the price of cryptocurrencies. Some of them has really a big potential so upon trading or investing, we must choose the best one. Just coose the one that we thjnk it profitable.
kelsiivo
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June 27, 2018, 12:48:05 PM
 #569

As the years go by, there become new interventions and ideas of people worldwide. The number of crypto currencies rolling on the market is too huge and what people use to doubt is getting the authentic one. Investors cuurently are not all that active with crypto currencies because of the issues of fraud and loss trust.
tinystone26
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June 27, 2018, 01:41:28 PM
 #570

Yes that's a good thing to hear because having more cryptocurrecy tell us that it is really good to participate to their project and it means that the people still working on their projects even the price of bitcoin in the market are still low. I think it is positive feedback to some campaign that even there are campaigns that are not get successful there are many other campaign still coming.

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eekkaa
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June 27, 2018, 01:43:02 PM
 #571

yes you are right now it is very much cryptocurrency created and like it it makes me more aware that in this world already very much know cryptocurrency and soon cryptocurrency can become more and become one of world economic solution.
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June 27, 2018, 01:48:07 PM
 #572

I think the more crypto in the market would be useless. just add coin to die only. investors only see potential coins and have the best technology. crypto competition is very tight in this year. many new coin and new technology in this year.
dark08
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June 27, 2018, 01:52:44 PM
 #573

I think the more crypto in the market would be useless. just add coin to die only. investors only see potential coins and have the best technology. crypto competition is very tight in this year. many new coin and new technology in this year.

Yes most altcoin in the market are useless no real product, technoloy are poor and team can turn to scam any time, but the good thing is more people are being recognized the blockchain technology this is good for all of us because the volume will increase and we see the price of bitcoin can explode.

arlington
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June 27, 2018, 02:16:27 PM
 #574

I believe that in future there will bo not many left and the only ones who will be in the market are the ones that will have a working product and provide something to the society by solving a real problem.
badjoke
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June 27, 2018, 02:55:35 PM
 #575

We have to fix this because i am sure this situation is harming bitcoin but what can we do and how can we stop useless currencies ? This is an important problem .
aspalela
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June 27, 2018, 03:55:12 PM
 #576

in fact many of the listed coins are worthless and some of them remain inactive for a very long time, yet look They are worth to be removed to create a space for better and tangible competition into the future and also to avoid new and inexperienced investors to enter their money in a project that ended so briefly, only wasted time in vain for invectors.
liamnorthcoins
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June 27, 2018, 04:07:36 PM
 #577

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 ?
Personally i only invest in altcoins that are  popular and proven and tested by my friends. I have heard cases of many new altcoins that are scam and people are victimized because they were not careful enough.
bizarro
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June 27, 2018, 04:12:56 PM
 #578

What?! I thought then they are 1300. But anyway have the situation will keep the same soon they would be 10000 of those, and bitcoin would be still the first one.
JPage
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June 28, 2018, 06:10:05 AM
 #579

This is totally ok if we were just compared this amount of currencies with world cash-amount of currencies, but only few of them are really matter just like in the world. It is very obvious, that they cannot make a difference.
Kurokyy
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June 28, 2018, 06:38:40 AM
 #580

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 ?

If there are so many cryptocurrencies that are being released by different ico's then it only means that the business for bitcoins is keep on growing and people are starting to accept cryptocurrency as well as other countries.

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