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Author Topic: too much crypto coin market  (Read 474 times)
stigmacryptonight
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June 08, 2018, 11:48:11 AM
 #61

Of course, it's a good idea, so as not to get too scattered about the coin that's useless. In addition, for members to feel comfortable and avoid the various losses caused by some Coin a scam. And I think, the market is also trying to remove the useless coin list.
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June 08, 2018, 11:51:17 AM
 #62

Yes, you are right. some scam coins are already supposed to be delisted from the crypto market. it is very necessary for investors not to get stuck on a coin that is a scam. let's support some market markets to do this for the sake of our goodness.
Alaira
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June 08, 2018, 11:59:17 AM
 #63

Yes it is too much coin in this crypto, yes you are right but the scam coin can be delete from this crypto. Actually it gives us a lot of chance to more earn money if there are a lot of coin but too much scam makes people affraid to invest their money.

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June 08, 2018, 12:01:54 PM
 #64

this is actually a matter of supply and demand. the number of participants and the number of coins increase as the currency volume of the crypto currency stock exchange increases
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June 08, 2018, 12:07:00 PM
 #65

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'm agreed to your opinion. I also think that crypto coin market should clear untrusted and scam coin. If they do that it helps us too much to buy coin and other site. If we have clear idea about coin then we can get profit by buying coin.

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nmax21
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June 08, 2018, 12:36:11 PM
 #66

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..


Until there is adequate legislation, many fraudulent projects will appear that spoil the reputation of the crypto currency.

weblaraveluser
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June 08, 2018, 12:37:50 PM
 #67

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..

There is no law about cryptocurrency today because it was widely use by different people today in the market and every one can invest on a coin they are interested, it will be the investors fault if they did not check the market statistics before investing a huge amount on the coin they are interested.
South Park
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June 08, 2018, 09:19:00 PM
 #68

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.
There is no way out, as long as this is a free market where everyone can create whatever they want we are going to have this huge amount of coins, I see this as a positive, we have a lot of competition between projects and only the best will survive, this means that many people will lose their money that is true but this happens in all the markets not only in the market of cryptocurrencies.
indobitcoin.tk
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June 08, 2018, 09:39:04 PM
 #69

There is nothing to regulate it and of course the free crypto in order to enter in the market whether it is a scam or not. Indeed it will only make the market look full crypto will only and only a few of interest. but surely a little crypto and seldom considered also has the potential to equal opportunities and it could also be great. It's just that the increase would not be large.

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Psynthax
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June 08, 2018, 09:42:19 PM
 #70

That is the risk of being decentralized since everyone else can pretty much deploy their own coin, but hey, there are also few hundred thousands stock out there or even million, some of them are simply money grab and scam without a promising future so it's basically the same.
It's just the investor that need to be a "little" smarter so that they don't get their money invested to crappy coin and choose better one, just like natural law of selection, if people are dumb enough then congratulation they are eliminated.

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Cryptov8!
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June 08, 2018, 09:45:24 PM
 #71

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..
True, they need to purge all the novelty and s#itcoins so people know whats worth investing in!!
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June 08, 2018, 10:27:13 PM
 #72

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.
I have also seen exchanges delisting dead coins, but we can tell, they would never get to the end of it, because of the free market and the decentralized nature of coins and their deployment. Moreover, since money can be made through these coins/tokens, trust people to keep coming up with more, notwithstanding they're worth nothing!
cherepashkis
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June 08, 2018, 10:29:32 PM
 #73

unreliable coins themselves will cease to exist. there is no sense that the specifically brush your.
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June 09, 2018, 01:44:26 PM
 #74

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.
aardvark15
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June 09, 2018, 01:50:06 PM
 #75

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..

The bad/weak/scam altcoins will fail and disappear on their own in the free market. The best cryptocurrencies should rise to the top and the bad ones will not be successful. I don’t think there is a need to stop innovation by banning new coins. It will happen organically. Just let the free market play out and for your personal investments, do good research to pick the ones to buy.
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June 09, 2018, 09:16:07 PM
 #76

There are too many coins on the market, but we do not really need any authority to let them say which is trustworthy and which is not. It should be done by a natural process of the free market where only the best projects will survive. In a few years, most of the coins will be totally forgotten by the community due to many different reasons. Hopefully, some of them will be still here making steps forward in the world full of innovations.  Smiley

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June 09, 2018, 10:51:56 PM
 #77

We cant know that they're scam or not so scam coins can't be stop.
But I want the market clear the scam also.
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June 09, 2018, 10:55:39 PM
 #78

The market has different functions and different opportunities to offer different services to the globe as it relates tot the blockchain technology. The markets are ok to decongest other markets and also give people some area of specialty in the exchange business. There may also exists darome degree of competitiveness
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June 09, 2018, 11:00:14 PM
 #79

Yes, there will be a good idea to clear those coins, where project dont get success, or died in a process, crypto will be much easier then!
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June 09, 2018, 11:27:46 PM
 #80

Even if they cleared all of those coin, then im sure there will be still a lot of more scam coin coming, so for right now if it keep listed in marketcap, atleast maybe there's still a chance of new coin will be compared to the old one, so no one trying to reborn again the coin that was already cleared.
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