Number of altcoins keep increasing!

[coolon]

I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!

Yes, every day coins become more and more. What it will lead to I do not know, maybe some of which will disappear. Recently, many exchanges delisty coins.

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[kleeck]

It is more than normal.

Lots of entrepreneur around the world and more and more of them seeing the opportunity the market has.

And it is causing more altcoins constantly.

[uptown04]

i   think  that  the  new  coins  everyd  single  day  are   getting  higher   and  higher  and  i  think  the  reason of  going  rapidly  high shows  that  there  is  a developing  according  to me.

[BitcoinGuruOne]

The number of coins is not relavent , also if you are reffering to CMC ,there is a reasonable doubt who coins actually deserve to be there because there is too many exchnages with fake volumes and they exist because everyone wants to get their coin CMC.

The nr of coins will increase as long as ICOs will survive.

[CTO@MyBitMine]

It really doesn't matter, I think numbers of usless shitcoins are increasing, but actually almost nobody need them, you can create your own crypto as well but it must be useful and supported by people. So  I still keep use top 10 crypto and that's all.

[Airelves09]

As long as the coins market is profitable. There must be altcoins. Because profits can make people more involved. I believe that the truly valuable altcoins will eventually survive.

[Cactushrt]

Yes and most of them are useless they will just try to collect some funds for their scam coin hopefully we can see that

[universal3ee]

I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!

Actually that is the fact even when there is lesser altcoin in the market, more and more ICO is following into the market big amount of them are scam or just purely useless waiting for crypto user ethereum to flow into their pocket.

[TBboys]

It must be said that the number of altcoins is now very amazing. Since 2013, the number of altcoins has doubled geometrically, especially in 2017, when tens of thousands of ERC20 tokens were born, the huge bubble behind this led to the current market decline, only when the shitcoins are completely eliminated, the market will become healthy and orderly.

[maman09]

I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!

we know very well that there are many altcoins that will die and be abandoned by the developer and the team. this is a fact because there are many altcoins that are really bad. this industry requires regulation as an ico bridge and investors so as not to get caught up in a scam and land to make quick money for ico developers.

[Rameshvijay45]

I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!

Yes there are lot of altcoins projects coming monthly monthly as of they are starting a new business as on this cryptocurrency  and they are showing there business strategy,ideas,talents etc..... As if there project will have more potential and power it will be success in few months or years (Or) it will be a dead  in few months or years.

[matedrink24]

I think that's the rule of the market. Good projects with high applicability will exist and be highly selective. Crypto is a booming industry, so having a lot of ico debut everyday  appears to be no surprise at all. Mostly we can choose the good ico to invest or not.

[Innocant]

Actually they are increase always the price of the altcoins everyday but it will be go down again.
And it depends also to the market on when they gonna blow up the prices of the altcoins.

[BogdanGFTP]

Of course you are right! Everyone in cryptocommunity should know that 95 % of Altcoins is shitcoins which market do not needed. We have to understand that blockchain will not be used in every field, it has limited features that could just improve something of it.

[Newer]

The number of altcoins increases every month, I see that there are currently quite a lot of ICO with tokens that have no functions and many altcoins that have no value, so as if they only made ICO for a moment's profit.

[RandyMagnum]

Why do you worrying about the altcoins number increasing? Are you know how many startups are using fiat in the world? And in crypto world every startup has own token or coin and i don't see problem with their number.

[lebedi]

Yes, that's why a lot of people are in panic and they are sure that cryptomarket will be full of these altcoins that could lead a lot of problems. I don't believe in it.

[max6575]

as use with work on moderation as request with chance on attains as appealing offers from the blockchain market of token arbitration trading that those gives with notables on focus of objective as trader to put of option as action with returns of confinement.

[glasbren]

I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!

With this condition, it making a hard day for any new project that are starting to rise some fund, cause the investors got split into may projects that are keep on popping. So to be wise, we need to choose the best project to put an investment on.

[Dolarin]

In fact - 95% of the tokens on the market are not needed now, because they died a long time ago and just inflate the capitalization of crypto. IMHO