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Author Topic: too much crypto coin market  (Read 471 times)
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June 07, 2018, 09:02:29 PM
 #41

Scam coins can't be stopped and they aren't regulated.
This is why many are scared of cryptocurrencies because of the scams out there that can be in good image before they turn wild.


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June 07, 2018, 09:03:42 PM
 #42

Exactly. I suppose market will become more clear after few years. So, we should be attentive when choosing ICO and make investments.

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June 07, 2018, 09:18:18 PM
 #43

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..
No, that will require that we have some central authority to tell us which icos are fine and which are not and that goes against the principles of cryptocurrencies which are supposed to be decentralized, the only way we see less of those coins is if people stop being as dumb as to invest in projects that are clearly nothing but a scam and that is going to take a while in my opinion.

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June 07, 2018, 09:26:04 PM
 #44

If the move could have a positive impact on the crypto market there must be a solution, it would be nice if it could be implemented technically. Lots of unnecessary coins. Technical staff must find a way out of this situation.
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June 07, 2018, 09:28:21 PM
 #45

We can't remove coin that was created before even if they will turn into scam because its decentralize and we don't have central switch to pull it off.
What we can do is request coinmarketcap like listing services to pull out all scam coins even if they are traded on just few exchanges without any active development.

 
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June 07, 2018, 09:34:32 PM
 #46

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 need to do something because it's very simple: No demand, no supply. Seems people use that shitcoins for some reqsons, some of them make pumps and do money that way, there are a lot ways why people use them or developers try their best to keep coin for some time.
Coinmarketcup can show us what's good and what's bad, we can't do anything to clear that list.

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June 07, 2018, 09:40:51 PM
 #47

Anyone can freely develop their own cryptocurrency and sell it to people. I think that to clean up these deceptive tokens completely needs everyone to resist!
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June 07, 2018, 10:28:24 PM
 #48

I am sure that over time, most of the cryptocurrency will not withstand changes and competition. These cryptocurrencies will simply cease to exist. I also think that in the future there will be more sophisticated cryptocurrencies that will set a new standard. In five years there will be no more than two hundred cryptocurrencies.
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June 07, 2018, 10:40:36 PM
 #49

This is the most frustrating part of the decentralized system is that theres no legal council to refer to in terms of encountering a scam. Also there are no one to clear up those altcoins who is proven that they are a scam. If we will going to make cryptocurrency centralized a bit for these purposes then i think it would be better.

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June 07, 2018, 10:53:04 PM
 #50

There are currently many cryptos you can choose to invest. And to avoid the potential cryptos scam, invest in cryptos in the top 20 of the market according to Coinmarketcap. This time when the exchange rate of the market is not stable, avoid investing in the ICO because it will certainly lose money without investment experience.

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June 07, 2018, 11:21:43 PM
 #51

In short, we know that a currency does not disappear just stands still or abandoned, when conducting a survey we will see that there are more than 500 missing coins created a few years ago. To conclude, I believe that many fraudulent ICOs will disappear together with coins without any utility, leaving the market cleaner.
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June 07, 2018, 11:28:55 PM
 #52

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..
I think in the end many projects will die by itself because it is not useful. But for potential and useful coins will continue to grow and continue to get demand.
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June 07, 2018, 11:41:30 PM
 #53

these kind of coins who don`t deliver anything but just dreams will be extinct during the time, now they have their places because the market is very new and as soon as it emerges they won`t have any position.
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June 08, 2018, 07:33:35 AM
 #54

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..
Crypto market improvements are certainly necessary to avoid many types of altcoin scam and have no future potential, but as we know the crypto market has nothing to control, everything is driven by demand and supply. better before deciding to invest in altcoin things we need to pay attention to as much as possible to see more details about future prospects about the tokens we will invest, in order for tokens that we choose to serve as potential future investment assets and can enter various the exchange market does not even lose its value in a short time
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June 08, 2018, 07:40:31 AM
 #55

That's how many tokens and coins have been added in recent months, and I believe that most of them will not exist for a long time since the competition here is very cruel and they will simply disappear over time.
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June 08, 2018, 07:47:34 AM
 #56

it seems very difficult to remove shitcoin, because they are always growing and born every day. perhaps the role of government or a regulator is a real solution to solve this problem. but we are now we can try to always provide education and give each other warning if there is something that can harm many people.

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June 08, 2018, 08:44:16 AM
 #57

That is true, so many coins in the market sometimes make us so confused. Which one should I invest or trade? Now, many ICOs are emerged. We cannot stop it. It leads the nominal of the coins everyday is decreasing. The condition lead us to be smarter to analyze the market to choose the best coins with the unique concept.
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June 08, 2018, 08:50:24 AM
 #58

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..

Yes, you are right. I agree if there is a regulation that becomes a legal policy for altcoin and ico which is useless. there are many altcoins that do not have a good price after entering the exchange, this makes many investors frustrated by being too tempted by promises and big bonuses. but the fact that most ico are just looking for a way to earn fast money.
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June 08, 2018, 08:50:57 AM
 #59

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..

Altcoins should be regulated with stricter rules and regulations to protect users from scam

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June 08, 2018, 11:43:34 AM
 #60

Exactly. I suppose market will become more clear after few years. So, we should be attentive when choosing ICO and make investments.
With the passage of time, we are experiencing a significant growth in the entire crypto market and that there are so many investors which are showing a keen interest towards the crypto currencies and that they have found this idea very much interesting. If things keep on happening in the very similar manner, then there are likely chances that the crypto market will take lead over all other markets.
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