So many cryptocurrencies !

[Sled]

Cryptocurrency is increasingly recognized by many people, especially in my country. Because the Bitcoin exchange rate has dropped, users are now trying to find other alternatives to invest or use existing crypto currencies. On the other hand Alt-coin continues to emerge, the number is still being observed to grow, along with the continued existence of ICO (Initial Coin Offering) conducted in various countries.

Sooner than later, a lot of people will adapt this cryptocurrency and just like in your country, a lot of people will recognize it and know the importance or significance of having investment in their side and that is by cryptocurrency, bitcoin. Bitcoin will help people to fight the inflation and make more money in a faster way than the traditional.

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[playbtcgame]

Having a glance on the market now says,there are too many cryptocurrencies that you can think of and it becomes uncertain for people on which one to really invest in.its all about reading and never be in hurry to invest in unknown coin where you will lose.

[Menawi12]

nowadays many crypto are appearing and of course not all crypto will be able to survive, I think only crypto has a good project development that will still be able to survive, if not it will disappear from the market

Market will make good competition for any coin. Market is fair judge and i am believe if market more growing bigger, market will eliminate bad coin. Its more than 1800 different coin with different functionality and i think its make investor have many choice

[Ezenwanyi1]

Yes. So many cryptocurrencies and most of them created to solve similar challenges.
This breeds competitiion, which is healthy for the crypto market.

[Getmon]

I think that there are way too many cryptocurrencies as compared to the people who are willing and open-minded enough to support and actually use them. It is not the many cryptocurrencies that is the problem per se. For as long as these cryptocurrencies are legit and practical and are actually aiming for the betterment of our daily lives, they are the solution instead of the problem. However, the problem lies in the fact that there seems to be a very little percentage of the world's population who is in crypto. We should step up promoting it.

[kingasf10]

and still more then 4000 are ready to launch - it is really amazing. People are supersized to see such a large number of crypto currencies - But one thing is clear it is still very low numbers. in my perception each crypto represent a company, so i suggest crypto currency for every company so that we can fulfill the total destiny of crypto currencies

[slocker]

This is not good to see that so many cryptos are already in launch process. This indicated that so many can be potential scam or dead project in the end.
However there will always be some good point in this cuz with good research and check many can get double or more investment back.

[tintinbongs]

Yes, i think there are almost 2 thousand coins now listed in the coin market, and counting. With so much ICO in the list,maybe it will reach nearly to 2,500  coins at the end of the year.

[Jake Virus]

I think that there are way too many cryptocurrencies as compared to the people who are willing and open-minded enough to support and actually use them. It is not the many cryptocurrencies that is the problem per se. For as long as these cryptocurrencies are legit and practical and are actually aiming for the betterment of our daily lives, they are the solution instead of the problem. However, the problem lies in the fact that there seems to be a very little percentage of the world's population who is in crypto. We should step up promoting it.

Yes there are so many cryptocurrencies popping in the market today, old snd new. Inspite of this happenings, bitcoin stil remain the most popular digital currency in the market. I guess it is really hard to replace what came first.

[Chachen19]

How many coin cryptocurency do you hold per year will have more coin that is established and developed and among them will have coin that will be on the floor and also coin becomes coin garbage

[Boys27]

So many cryptocurrency shows that crypto currency is developing well and has a good future, the more cyrpto currency gives us many choices to choose which have good potential as long-term and short-term investments

[ZeroBTC1]

It seems it is very easy to create a smart contract and a cryptocurrency. I think there should be some restrictions put in place so that the market will not be over flooded with coins and tokens.

[VBCryp@]

Today there are a lot of new electronic coins. And we will have more opportunities to choose, but it will be harder for us, as many of the fraudulent coins are now being made.

[shulc7]

Having a glance on the market now says,there are too many cryptocurrencies that you can think of and it becomes uncertain for people on which one to really invest in.its all about reading and never be in hurry to invest in unknown coin where you will lose.

Most of these tokens appear due to the ICOs. However, I will agree with you here: think a lot before you invest in the crypto you do not know. Better deal with the known altcoins.

[alexlee4694]

There will be no need of any centralized agency's help needed for the establishments of bitcoins. So many cryptocurrenies will do that over time. I mean many people will come up with hundreds of millions of coins which will make more people to adopt cryptos then they all will adopt bitcoins slowly.Yes there are so many crypto currencies in the market right now and almost every one wants to have a crypto of their own.more crypto currency will be more profitable for bounty hunter. they have more chances to earn money from bounty campaign. but the chances of a scam project are also getting bigger.

[Loveydovey04]

Every crypto currencies has their own roadmaps and I think it is their responsibilites, developers, to take the road that in their mind, will make their crypto  successful. If their crypto currencies did not survive the cruel competition with a lot of other opponents then I think that is the fault of the developers and we don't need to think about it since we are just basing our investments on their future plans and strategies.

Agree with you. Besides, cryptocurrency is decentralized so no one can control those incoming cryptocurrencies from coming. The best thing  here i believe is to educate investors on how they should choose which coin to invest to base on their roadmap since scams right now are so rampant and it is difficult to identify which of them is real and which is scam.

[Norihiro]

In my opinion market is totally overflowed by various crypto and that causes bad reaction. ICOs are worthy now, most of people in crypto don't take them seriously.

[Cobrak777]

Yes, there are a lot of different ones on the market. It is so easy to be lost. Everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising tokens. I have found a trustworthy project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.

[code]

I believe that the exchange originally come from persons who obey the laws, so you just need to follow the rules of the exchange and it will be enough

[lendahawkins]

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 ?

Yes we should find away to minimize the number of company related to cryptocurrency and i believe maybe there is only 30% of coin with real project.