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Author Topic: Opinions about the emergence of new Coins  (Read 1654 times)
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February 10, 2019, 08:08:31 AM
 #101

I think it's great that business, finance, and governments are even going on the blockchain and the fact that tokenization can help micro investors partake in the growth of local and world economies, this is a great breakthrough and can help many people on the road to real financial freedom. Of course, you need to be careful with scammers in this space as well, as they abound and so you need to do thorough research and due diligence before investing in any coin or tokenized project. I must stress this, don't just go on FOMO and FUD that is spewed out in telegram communities, make sure you do your research and then take a step towards investing or getting involved on a grassroots community level.


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Ezenwanyi1
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February 10, 2019, 12:08:10 PM
 #102

The emergence of new coins is a good development considering the coins are been created to help improve the blockchain technology.
The coins have different usecases and that's is good for the blockchain business.
I do not think that the emergence of these coins have any effect on bitcoin whatsoever.
Bitcoin is just like the king of Cryptocurrency, so the creation of any coin is incapable of reducing bitcoin's value or popularity .
The emergence of these coins would help traders and investors to attain financial independence .
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February 10, 2019, 12:58:19 PM
 #103

New coins always come with new marketing and advertising and as such actract investors.  Traders always like to take those advantage because of the volatility of the market.
This is usually happens before, but right now investors are more wiser now because new coins usually dumped in price when it enters in the market and investors see that opportunity to buy more. The new coins have a better potential if there’s a big support from the investors, and if they offer a good technology.
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February 10, 2019, 02:56:13 PM
 #104

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?
I think we need to support the existing currency first because then situation of the existing Crypto investment is being in a tough situation so supporting them will be the first priority for me and also emerging of new currencies will definitely be accepted but more than that there are lots of things to do already before that.

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February 10, 2019, 03:09:46 PM
 #105

New coins always come with new marketing and advertising and as such actract investors.  Traders always like to take those advantage because of the volatility of the market.
This is usually happens before, but right now investors are more wiser now because new coins usually dumped in price when it enters in the market and investors see that opportunity to buy more. The new coins have a better potential if there’s a big support from the investors, and if they offer a good technology.
Well, this case to case basis of what project you are going to invest. Naturally, it will dump the price after listed on the exchange because those hunters only want is profit they didn't care about the project. Now, the best thing to do if the dev on the project has a buyback strategy to maintain the quality price of their product.
So, not all the project dumped after listed in exchange is profitable to buy, there are some others aren't recovering from the dip.

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February 10, 2019, 06:55:08 PM
 #106

I am fine with the new coins as long as their products are solid. It unreasonable to prevent to prevent people from creating their coins just as it is unreasonable to stop people from starting their own companies.
However, unlike cryptocurrency there are standards that must be met by those starting new companies. Strong standard can be code for example on ethereum blockchain for Dapps creator or on separate non-blockchain platforms for all developers
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February 10, 2019, 09:00:17 PM
 #107

1) As for me, people got carried away creating new coins. I do not know what they hope for of course, but most of them will not live a year.
2) I also do not know what effect they can have on Bitcoin, if they are new and worth nothing.
3) The only plus for traders is quick earning on them. If successful, you can quickly make a profit.
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February 10, 2019, 10:19:58 PM
 #108

The positive impact of the new coinage on bitcoin is that there will be more coin exchanges / tokens against bitcoin of course if we see this supply and demand law will move the demand balance and because the supply of bitcoin is limited to eating automatically this will make the price of bitcoin move up and will Bitcoin holders.
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February 10, 2019, 10:52:16 PM
 #109

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?
I think we need to support the existing currency first because then situation of the existing Crypto investment is being in a tough situation so supporting them will be the first priority for me and also emerging of new currencies will definitely be accepted but more than that there are lots of things to do already before that.
Existing coins already gain the support from the investors and maybe give some time to support also new coins who are here to do our lives more meaningful. I understand the risk of new coins, so its good to have research first before you invest, some of new coins are worth holding, we are growing and it can help the market.
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February 11, 2019, 01:14:08 AM
 #110

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?
There are only few trusted new coins nowadays that the cryptocurrency community supporting. Most of them have scammed teams so we should really careful on picking new coins. We should study the coin very well before we invest our money.

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February 11, 2019, 01:49:31 AM
 #111

I do not mind the emergence of new coins, but if they have a good development team. But the fact of the emergence of dozens of scam coins puzzles me. They don't have any value or future and just overload the market. Newbies don't know where to invest and choose those scam coins by mistake, which increases distrust of the market
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February 11, 2019, 03:50:12 AM
 #112

One of the imports of the 2018 clampdown by government agencies was targeted at the increasing number of ICOs most of which are scammy. This move has greatly reduced the number of coins entering the market. Any new coin entering must be a coin with value and a target specific solution.
The emergence of new coins as a sign of crypto's passion to continue to grow. But in the end the selection in the market that made the coin could still survive or had to die, because it was not in demand by trade.
It doesn't need to be banned, just let everything happen naturally because the dynamics in the digital world are indeed growing, in the end crypto users themselves decide.
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February 11, 2019, 09:31:20 AM
 #113

Cryptocurrency or crypto currency is increasingly recognized by many in the world. You know, block chain technology is growing day by day, not a few new crypto are emerging.

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?
It's been always the same thing that how the market is going on when a new coin will emerge if it being a huge success then a lots of opportunity will came for investors and promoters to gain more profits.

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February 11, 2019, 09:39:06 AM
 #114

When new coins are develop in the cryptocurrency space it is a proof of that the industry is alive and flourishing as the amount of money in the space is on the increase,It  shows that BTC and ETH existence and value is sustain, but several coins are shit, as they have little or nothing to offer in the real global world, when the bull run commence several of such coins will be eliminated.
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February 11, 2019, 11:26:49 AM
 #115

my opinion is that these new tokens are not needed by anyone, there is no demand for them, their price instantly drops to such levels that then it’s simply unrealistic to rise, well, there are of course isolated cases of good coins, but there are very few of them.
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February 11, 2019, 12:42:13 PM
 #116

Question:
1. What do you think of new coins / tokens that keep appearing
2. What is the positive impact of this new coin on Bicoin
3. What are the benefits for traders with the emergence of these new coins?
answer
1 in my opinion is reasonable, because the development of the era continues to advance and develop
2 the positive impact is that more people want to know the latest price prices and make the market more crowded
3 I think the advantage for traders is if these new coins can produce better profits for traders

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February 11, 2019, 11:11:37 PM
 #117

In my opinion about the new coins that appear every day it will be difficult to compete with coins that have been around for a long time, so most new coins do not have good trading volumes.
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February 12, 2019, 01:01:57 AM
 #118

When new coins are develop in the cryptocurrency space it is a proof of that the industry is alive and flourishing as the amount of money in the space is on the increase,It  shows that BTC and ETH existence and value is sustain, but several coins are shit, as they have little or nothing to offer in the real global world, when the bull run commence several of such coins will be eliminated.

I am agree. Not all new coin are worth to invest, many of that coin for scamming people. Its true many new coin have good project but i dont think many of that will survive and worth to hold for long term

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February 12, 2019, 01:26:30 AM
 #119

In my opinion about the new coins that appear every day it will be difficult to compete with coins that have been around for a long time, so most new coins do not have good trading volumes.

most new coins are pump and dump . people usually go for them for an easy profit and result for the new coin to gain a trading volume but as soon as the hype subsided , the volume's can also decline as the coin dies slowly .  old coins are still safe and have gain a good amount of trust but new coins could still be a threat to them because new coins can leave a negative impression into the overall crypto
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February 12, 2019, 01:41:50 AM
 #120

Indeed, many new coins appear and this is a period of development that continues to run, thus new coins have a positive impact for users to be able to choose and use them according to their benefits. Various new coins appear because they have different benefits or functions so that they are adjusted to their use.

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