too much crypto coin market

[Mic85saint]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

[lihongjing]

But now there is no legal institution in the encryption market that can regulate it! Now every place in the world has different views on the token market. I think that to clean up these deceptive tokens completely needs everyone to resist!

[VitKoyn]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Then who will filter and clear all those shitcoins from the market if it is an open market and unregulated? Anyone can freely develop their own cryptocurrency and sell it to people. So for me, it is for people to know or discover if it is a scam or a coin that should be worth nothing. And if you know that a specific cryptocurrency is useless then the only solution to this is to ignore it, and in the first place why would you invest on a shitcoin that don't have enough demand from crypto investors. Some exchanges also don't just list cryptocurrencies there's a process of listing it, and that includes the demand, if there is not enough attention from investors then there's a very low chance that it will be listed. But at the end, it is still on you. If you made your research right then you will probably won't end up investing on a shitcoin.

[boyshx]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Actually this cleaning up is followed on the CMC that is coin market cap website. If you observe then there are few days which are allowed for each coin to get listed on the CMC. If they found that the altcoin is not receiving any kind of volume, the market is dead or the volume itself is dead then CMC will take strict action and will remove them immediately from the panel. So they are already following the cleaning up procedure these days.

I have seen CMC removing more than 100 coins in single day. I think last month only when CMC reached 1600 count of coins then they removed almost 100 of them as they were scams, dead coins. Now the count is back to 1600 which tells us that so many coins are coming every other day.

[Meraki]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Yup this should be done. However there are still people who wants to play fire with scam coin. Also there are coins who don't have any volume in the market. I think CMC should just clean their market list right now.

[elemosho.crypto]

Yes Absolutely right. In current time, so many traders are entering into market with little knowledge. And scammers are taking advantage of this. So I also want the the scam coins should be removed from the market to save its future and the the future of traders as well.

[batang_bitcoin]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

If those coins are useless and scam, they'll die later on.

Check those scam and dead coins. Dead Coins - A complete List of ICO Exit scams & Extinct coins

[jamesdean35]

in fact the reason for this is obvious. the increase in the currency volume of the digital currency stock market has begun to attract more people. so new projects and new coins entered the market.

[semobo]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

We don't have to do anything with those coins then it will be fade away if they don't have any value so all we have to do is invest only on the potential coins and avoid shitcoins which was created only for the purpose of bump and dump.

[michael shikany]

Yes, a lot of altcoin is actually in a state of death at present, and these tokens have neither liquidity nor any value.
When they lose the value of hype, they are worthless.

[cutiemolit]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

We don't have to do anything with those coins then it will be fade away if they don't have any value so all we have to do is invest only on the potential coins and avoid shitcoins which was created only for the purpose of bump and dump.

I really agree that we only need to support those potential coins in the market. The tighter the competition in the market brings confusion to which coin to choose from. And besides newly rise coins makes the competition tighter. Making those investors might pick the wrong or scam coins.

[shapegray]

Yeah we all want it. But how? SCAM coin will be grow and multiply and because of that, people will hard to find Legit ICO and maybe ICO will extinct because people will not trust ICO anymore.

[canque31]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

We don't have to do anything with those coins then it will be fade away if they don't have any value so all we have to do is invest only on the potential coins and avoid shitcoins which was created only for the purpose of bump and dump.

I really agree that we only need to support those potential coins in the market. The tighter the competition in the market brings confusion to which coin to choose from. And besides newly rise coins makes the competition tighter. Making those investors might pick the wrong or scam coins.

Investors that are wise enough knows how to choose the right coin. But for some newbies that are new to the industry they end up confused in which coin to choose. To much coin in the market in fact makes the competition tighter. By this it scam and legit coins are hard to identify.

[ash_waz]

Blockchain technology is fairly new, so even though one might look at coin market cap and see the 1600+ crypto currencies and think that's way too much, considering these are all cryptos from around the world its not too much and I personally feel there will be thousand more in coming years.

And what you said regarding scam is so true, I am so sure that there are many non-worthy useless coins and scammy coins in CMC and I guess no one needs to do anything about it as they with time will die off. The only solution to prevent such being listed on CMC would be regulations coming to control the ICO's that are coming up. If that's not the case we could see a lot more clutter in coming years!

[smhome354]

I agree that those cryptos which seem to be scams need to be remove. I wish there is some form of admin or forum group that would focus on finding these scam projects. This will protect every member whose giving efforts and time to earn some money.

[itsik78]

it would be nice if it could be technically implemented.A lot of coins that just do not need.technical staff must find a way out of this situation.

[Akselrod]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

This site gradually introduces different limits. For example, the requirements for the volume of trades are increasing to be added to the site. But unfortunately there are some interesting projects that do not have large volumes, and they can not get to the coinmarket..

[hakertajniak]

My opinion , Crypto coin market should clear those untrusted coin which is scam or those is unable to move on.
we need something to clear those coin. Am i right..

Lets dont be bothered with other scam or shit coins out there. Just invest your money on a good coins, simple.
If you don't believe the coin will give you earnings, dont buy it. but if you do your own research and find that coin is potential,
just buy the coin and hold it for long time.

[TGD]

Agree those coin that has no volume should remove in coinmarketcap. So even newbie to the crypto will never be victim of pump and dump coin.

[chakhigh]

There is no point of getting rid of those "useless coins". And it is not that easy to stop them.. So instead let's concentrate on those legit ones with solid projects.