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Author Topic: So many cryptocurrencies !  (Read 6270 times)
Kamote29
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July 18, 2018, 08:25:50 AM
 #781

There are so many currencies in crypto market and all are having their own advantages.At present bitcoin is the king of all cryptocurrencies.It has many benefits and is very beneficial for the  investors.As we can see that number of investors are increasing day by day. Digital currency  is  in trend these days and in coming decades it will going to become the global currency.21st century  is the era of technology and cryptocurrency is one of the advancement of this century.
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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Priestly131
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July 18, 2018, 08:38:40 AM
 #782

I strongly side with you. I believe there should be a regulatory body in the crypto community to regulate the influx of new altcoins. Although competitions in the market is good in its own way as it helps determine ‘strong coins’, nevertheless the increasing number has also lead to increasing fraud in the crypto market, leading to instilling some fear in investors.
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July 18, 2018, 09:07:41 AM
 #783

There are so many cryptocurrencies on the market and each day and time, people use to ask themselves which ones are worth to generate fund so they invest in that. Say no to scam ICO's 

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July 18, 2018, 09:21:17 AM
 #784

These are the major headache for normal investor. I see each day at least 10 new cryptocurrencies are listed in coin market capital. experts still claim more than 90 percent of this crypto currencies will not be in use in next 10 years which is very true seeing this trend. safe investment guys
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July 18, 2018, 06:44:27 PM
 #785

This is the most uncertain place to invest in this whole globe I think. Every marketplace requires some major things that make a marketplace. If we see that cryptocurrency market pace has nothing like that at all. There are some major things need to run any marketplace like a good community but it's not still there and don’t know when its happening.

Another worst thing about this marketplace is there is no management in this marketplace you know something sometimes I think there should a strong community must need in this market place who monitor all the messy things about the market. There should be some terms and condition should be held to control the market very strongly. There is also some verified coins needed to the market place which help people to invest more and protect form scams. If s0me community will create in future and mark some coins as valid then this market palace is more reliable to the new people and for every people till then let's face all scams and all the ups and downs of this beautiful marketplace.
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July 18, 2018, 06:46:53 PM
 #786

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.

There are always new cryptocurrency that is being introduced by different ico's every month and it only means that bitcoins today is really profitable because it is widely used by different people.

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July 18, 2018, 06:52:53 PM
 #787

Really trueth. So review the technical details.
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July 18, 2018, 10:15:09 PM
 #788

Indeed there are so many crypto that are introduce in the market. But not all of this crypto has the same fortune ahead. Some succeeded but there are many cryptos die. Because they have nothing to offer.

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July 18, 2018, 10:26:50 PM
 #789

I'm currently using the BitUniverse app and there are 5032 active coins listed right now, I think it's not fair, we all need various types of crypto coins, but if it's excessive like now I think the market will be crushed...
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July 18, 2018, 10:42:41 PM
 #790

right . When I first invested in this market, it was hard to find a penny to invest because the market was so crowded.
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July 18, 2018, 11:23:57 PM
 #791

Depending on the thinking of people who want to judge other crypto currencies other than bitcoin. But I think that as more and more new altcoins emerge it will make the crypto currency more popular among the laity.
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July 18, 2018, 11:31:57 PM
 #792

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 ?
The number of cryptocurrencies today certainly brings a positive effect to the world of crypto it's a sign of cryptocurrency already known by many people of this world. It's just that many people who make their own crypto currency by not developing it well so much also abandoned cryptocurrency.

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July 19, 2018, 12:09:08 AM
 #793

I think its like crypto jungle their is so many of them that you get lost in all that ,but its all about strategy a lot of reading and understanding that its not a game their is a lot of opportunities to make money ,but also a tone of scamers and scam projeckts that can cost you a lot of money so you need to choose wisely

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yurekaa
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July 19, 2018, 02:07:35 AM
 #794

In my opinion. will adversely affect market conditions and investors if the digital currency more and more and can not be controlled. this will lead to an increasing number of coins and confuse us as investors. because there will be a lot of fraud involving new coins. and will make the digital currency image worse.

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July 19, 2018, 04:32:43 AM
 #795

In my opinion. will adversely affect market conditions and investors if the digital currency more and more and can not be controlled. this will lead to an increasing number of coins and confuse us as investors. because there will be a lot of fraud involving new coins. and will make the digital currency image worse.

It is certainly not healthy for cryptocurrencies to keep emerging in the market, but there is upside to having new cryptocurrencies. One of the biggest positives is having more competition for market space. For crypto to be popular and a widely spread use of currency, only a few cryptocurrencies can emerge, so there is a lot of competition for cryptocurrencies to be the most popular form of cryptocurrency used. For example, the gaming industry is extremely popular, and we can see an emergence of ICOs that are related to the gaming market. However, soon only one can be adopted for mass use, and that crease a lot of competition among different cryptocurrencies.

This area is up for grabs! PM me if you're interested.
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July 19, 2018, 04:52:22 AM
 #796

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 ?
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
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July 19, 2018, 05:05:03 AM
 #797

I think too many crypto currency are still good if the cryptocurrency project is still moving. This thing mean any developer are very intrested into it and making a new project or make their brilliant ideas. And this still safe i think because we know only best project will survive

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July 19, 2018, 05:11:51 AM
 #798

Every crypto currencies in the market serves it's purposes and they have their own values as well. I agree with the regulations of such currencies to protect investors from being frauds and scams. This is not only for the protection of investors but it  could help the market's stability and to other currencies as well.

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July 19, 2018, 05:58:57 AM
 #799

Every crypto has a different purpose in the blockchain and some of this is very important . But most of all crypto are in trading purpose only . Mostly crypto is from ico`s , and every ico`s have a road map and whitepaper it is very important in every ico. This is my only know about crypto.

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July 19, 2018, 12:35:29 PM
 #800

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.
really, for what bother bother take care of it.
all back on the coin investors themselves, this is just a matter of confidence only.
and the competition in the market I think is very good, and we can know which coins are the best.
just think of it as a selection.
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