Hinugh
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July 15, 2018, 08:30:15 AM |
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While it certainly would be good if there was some sort of respected and independent authority on crypto-currencies, I think it would be difficult for them to do their job, given the various reasons and motivations for the people that invest in crypto and get involved with it. On the one hand we got the Lambo Moon crowd who is in it just for the money and couldn't care less about the world-changing opportunities that the technology makes possible, and on the other there are the Believers who see its potential and care far less about short-term profits. How do you evaluate a crypto-asset when 'serving' one group is often contradictory with 'serving' the other?
Of the 1600+ currencies listed (and, note, that this is by no means an exhaustive list, there's plenty of coins waiting in the wings to be listed on CMC, and lots of coins that don't care about such listing) I'm confident that at least 400 are run by honest, decent, committed and able teams that genuinely want their product to work out. That still leaves us with 5-10 coins per 'business area' competing with each other. Evidently, not all of them will make it, despite the most sincere and honest of intentions.
In regards to regulation - I am starting to believe that we do not need regulations, and ought to be indifferent to them. The advantages of having them are for the most part of interest to the money-making crowd, not to the Believers (roughly speaking). I am no libertarian but I strongly believe that hoping for regulations to mature the crypto-market is a poisoned chalice - yes, the market will be more 'stable', but ultimately it will (again) put too much control in the hands of the powers that be. Crypto is here to dissolve power and further the right of humans to self-organize and create their own economies. In the long run, regulation will not greatly enhance the chances for success for these highly desirable aims and goals...
Having many cyptocurrency mean that there are lots of people believe and undertand about this matket. We don' t have to worry about it because having a competitive make it feel more interesting and you will know the best coin to invest to.
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metenjean
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July 15, 2018, 08:50:15 AM |
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This is the truth about whats happening now, the investment in cryptocurrencies being diversified in so many other crypto. We're talking about 1,6k coins and what if they were all capped in just a few major coin like bitcoin or stellar. Fraud and diversified crypto making this industries looks bad because everyone can create their own coin and try to become a millionaire and thats why we need regulations, it may pressure crypto at first but it will make it safer for new investment to join in the future.
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Ronyx
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July 15, 2018, 09:29:44 AM |
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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 ?
So much cryptocurrency is made, I think it's a positive thing, because with the cryptocurrency made then we can make an investment to make a profit. Before having, a research is needed to find out the potential cryptocurrency, because not all cryptocurrencies will survive.
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inv_ker
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July 15, 2018, 12:07:52 PM |
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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 what ever happens, it still the best cryptocurrency that will strive and will be on the top. The best one will provide the best quality among others.
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MUG1WARA
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July 15, 2018, 12:28:12 PM |
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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 what ever happens, it still the best cryptocurrency that will strive and will be on the top. The best one will provide the best quality among others. therefore we must choose which one is the best and give the advantage because if we wrong in choosing then it will end with loss. as more choices of cryptocurrency in the market make many people confused in choosing which one is best.
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ohkkstaaahp
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July 15, 2018, 01:45:49 PM |
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Today there are quite a lot of coins. Chubgs are quite tall. Maybe prices will decrease compared to other periods
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rainezerr
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July 15, 2018, 01:47:53 PM |
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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 ?
There is always new ico that is coming in the market, it only means that crytpocurrency is keep on growing which is a very good news for different people who are holding a huge amount of coins.
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paynercash
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July 15, 2018, 01:53:22 PM |
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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 what ever happens, it still the best cryptocurrency that will strive and will be on the top. The best one will provide the best quality among others. therefore we must choose which one is the best and give the advantage because if we wrong in choosing then it will end with loss. as more choices of cryptocurrency in the market make many people confused in choosing which one is best. Currently on the cryptocurrency market, there are approximately 2000 coins being traded and the number of ICO projects calling for investment is very high, which makes the market so complicated and extremely difficult. towel to be able to choose good coin. Spend a lot of time researching coins if you do not want to invest in a bad project.
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kukurikapu
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July 15, 2018, 03:31:11 PM |
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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 ?
It does not matter how many cryptocurrencies are there, what matters is that of how efficient and effective they are. The best will triumph over and over again and that is bitcoin for sure.
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thunderbitz2717
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July 17, 2018, 04:17:18 PM |
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You can say that again,we have so many cryptocurrencies these days and it is so good for the market because it will create room for competition and it will bring out the best out of the developers
They are many because it has a lot of money they could get from this, that 's the truth and reality happened nowadays. Where the no. 1 who will get benefits on this was the exchange site platform. Then we as traders we do it our own risk ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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uptown04
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July 17, 2018, 04:24:52 PM |
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yeeesss there is definitely too much cryptocureency and even that i think there is no reason of being that much in number so it is just waste but however we don t have what to do so just what have to do ıs pıckıng up for yourself the best one and the most valuable one.
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m1c0
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July 17, 2018, 04:45:18 PM |
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Yes there are now far too many crypto currencies, and unfortunately there will be more and more. I think the next bubble bursts in the sense of many currencies will "die out". But that only means that they will be worth very little. At the moment there are a lot of useless tokens that are constantly thrown onto the market by new icos just to make it a new token and the name Blockchain is abused to promote their product. In the end (a lot of currencies) doesn't even matter.
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Farma
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July 17, 2018, 04:56:59 PM |
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yeeesss there is definitely too much cryptocureency and even that i think there is no reason of being that much in number so it is just waste but however we don t have what to do so just what have to do ıs pıckıng up for yourself the best one and the most valuable one.
Well, cryptocurrency has many types, and it's called altcoin. in addition, the coin has different functions. sometimes a coin will focus on a field. so it's like competition, and losers will lose their price.
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kasurnya
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July 17, 2018, 04:58:34 PM |
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Yes there are now far too many crypto currencies, and unfortunately there will be more and more. I think the next bubble bursts in the sense of many currencies will "die out". But that only means that they will be worth very little. At the moment there are a lot of useless tokens that are constantly thrown onto the market by new icos just to make it a new token and the name Blockchain is abused to promote their product. In the end (a lot of currencies) doesn't even matter.
there must be a regulatory body, which approves the token is appropriate or not to be distributed in the market. if it continues like this, it may have a negative effect on bitcoin.
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m1c0
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July 17, 2018, 05:15:12 PM |
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Yes there are now far too many crypto currencies, and unfortunately there will be more and more. I think the next bubble bursts in the sense of many currencies will "die out". But that only means that they will be worth very little. At the moment there are a lot of useless tokens that are constantly thrown onto the market by new icos just to make it a new token and the name Blockchain is abused to promote their product. In the end (a lot of currencies) doesn't even matter.
there must be a regulatory body, which approves the token is appropriate or not to be distributed in the market. if it continues like this, it may have a negative effect on bitcoin. I don't think it effects bitcoin at all. There are just a lot of alts that could easily be replaced by bitcoin or any other "good" altcoin.
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gunhell16
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July 17, 2018, 05:20:32 PM |
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tehre are so many cryptocurruncies but only few of them has the great potential. in this i should say, get ready to study again and make some research. everything is good, but it is better if you are on the right side,
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Alifal
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July 18, 2018, 05:33:06 AM |
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let the competition determine the quality of a currency.So many cryptocurrencies have in world.if any company want to develope, then they should really give the best for their currency to get many investors.
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nayeel
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July 18, 2018, 05:37:05 AM |
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So many cryptocurrencies have in the world.Every crypto currencies has their own roadmaps.a competitive market is a must and only the strongest and most trustworthy coins will survive.
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yonjitsu
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July 18, 2018, 06:15:07 AM |
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tehre are so many cryptocurruncies but only few of them has the great potential. in this i should say, get ready to study again and make some research. everything is good, but it is better if you are on the right side,
Even those cryptos that you think that has great potential will even fall sometimes and at worst, it won't rise again as the team behind it leaves the crypto as it can't compete in the cryptomarket anymore. So many cryptos around and most of them are competing each other to the end and only those very strong crypto will survive in the "survival of the fetish" environment.
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andika2018
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July 18, 2018, 08:16:48 AM |
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yeeesss there is definitely too much cryptocureency and even that i think there is no reason of being that much in number so it is just waste but however we don t have what to do so just what have to do ıs pıckıng up for yourself the best one and the most valuable one.
In positive way, we have many option to investing our money. But in negative way, we can not check every coin one by one and making research on their project because its too many different project in market. The best thing I can do is investing on top 100 or 200 coin in market
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