Opinions about the emergence of new Coins

[poptok1]

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?

at1. Feels like ctrlC-ctrlV to me, especially with erc20 tokens. Probably because its all literally copy-pasted.
       Nothing new in terms of ideas nor execution. Same patter all the time. It's boring, laughably lazy and uninspired.
       If it about new stand-alone blockchains, things tend to look a bit better.
at2. If there is any impact its not positive unfortunately. Market is getting oversaturated, focus is lost and bitcoin is suffering bad
       press, stupid gossips etc.
at3. Mainly an opportunity to make some bitcoins or cash. Obviously in short term only as there is no doubt in my mind that
       no professional trader is interested in any given coin functionality.

[1714962110]

1714962110

[1714962110]

1714962110

[G2z_Riya]

I follow the release of new ICO projects, and I don’t understand much, during the ICO period they collect large sums, but when tokens enter the stock exchange, they drop in price, it turns out that everyone wants to sell tokens, but no one wants them buy.

We haven't got any tokens listed to the stock exchange. All that getting listed to is the exchanges. Here when the crowd sale is open people buy tokens at a price with discount. When listed to the exchanges when there isn't circulation automatically the market will decline. This is the cause for price drop.

[cizatext]

The positive impact of new tokens and coins is that it an evidence that the cryptocurrency industry is constantly developing and the evidence is the presence of new coins in the network, and again this new coins give the community members the chances of becoming a member of new projects and doing that through their ico stage.

[REYVAN]

1. What do you think of new coins / tokens that keep appearing

Like it or dislike, we can't prevent it, it's just that I feel this is too much, from here human nature seems very "greedy". Some people may always think positively, but I don't, too many owners / developers are careless and irresponsible.

2. What is the positive impact of this new coin on Bicoin

this is free marketing for bitcoin. the more new coins that are born, the more people will hear about bitcoin. but it creates negative opinions for many people.

3. What are the benefits for traders with the emergence of these new coins?

nothing, because a lot of people scam, so many eat victims. especially new traders like me, tempted to get a lot of profits, finally buying new coins, but eventually only get a lot of losses, the price of coins becomes dust, left by developers who have gotten a lot of profits from ICO / STO or whatever it's called. Not all, but mostly like that, only a few projects are successful and able to survive.

[deisik]

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?

You are too late to the party, mate

New coins are of no particular interest to anyone these days. Of course, it doesn't mean that there won't be any (as some certainly will), but you have to create something really out of the way to attract the attention of the crytpopublic. Right now we are waiting for the vast majority of altcoins (otherwise known as shitcoins) to kick the bucket, not to rise and shine. So it is kinda the wrong time for new coins

[eaLiTy]

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.

There might be many projects coming up on a daily basis but the fact remains that there is nothing interesting or worthy to look into, when ETH was introduced it was a big deal back then because you could create tokens with it and then the privacy related coin and the stable coins, but other than that what interesting project have come out in the past few years, basically nothing that could interest everyone. We would have being a great community if we only had bitcoin and nothing else.

Question:
1. What do you think of new coins / tokens that keep appearing

Basically nothing note worthy.

2. What is the positive impact of this new coin on Bicoin

Hope you meant bitcoin, no impact what so ever.

3. What are the benefits for traders with the emergence of these new coins?

If you find a good project and invest in it, then as a trader you might end up in profit but good projects are rare to find now a days.

[Chikitita2004]

I can't think of any impact maybe positive or negative of new coins that are coming out to bitcoin because it is true that  there's a lot if them. me personally I have not really benefited that much in these coins. I been scammed several times and if not token price are not really that profitable. anyway I still hold them, waiting for a better value. 

[bajingluncat]

so easy for people to create coins, to make lots of new coins appear, but unfortunately not all have value and last a long time, I don't see any positive impact on bitcoin, instead with a lot of new coins that fail and seem fraudulent, it gives a negative sentiment to the market crypto, many people are more careful to invest here.
New coins do provide a lot of alternative investment options in crypto currencies, but there must be a filter so that coins are unclear and only become trash so that they are not in the forum even to make ICO even though

[The Sceptical Chymist]

I have to again completely disagree with everyone on this thread who is saying that new coins with no working product are still beneficial to bitcoin as they attract more people. I think the exact opposite is true.

And you're doubtless correct about this.  I came to this thread looking for posts to give merits to, but all I see from the lower-ranked members are a bunch of shitposts which indicate that they have no idea what they're talking about.  I wouldn't pay attention to 80% of what's in this thread--and even the OP is a poorly-written mess of a post.

I agree with your other post, that most coins are just useless copies of others and offer no advantage over anything else that's on the market.  The only reason they keep getting churned out is to line the pockets of the developers at the expense of the suckers who buy the shitcoin.  After a year or so, any given shitcoin ends up in the Yobit 1-satoshi graveyard of coins that have no buy orders and never will.  In fact Yobit used to give free coins at one point, which you could claim every day or so--but they were the worst of the worst and it wasn't even worth the time to click the buttons in order to get them.

Can people seriously stop writing shit like this:

there are so many kinds of new coins that have sprung up with their respective goals and there are many of them who are able to be well received in the market. and With the arrival of these new coins, the traders have broad options to be able to trade with various types of coins, but we must be more aware of new coins because sometimes they will also lead us to defeat.

Sometimes new coin have different function and maybe more faster on transaction confirmation. The positive about new coin is more investment option, not only in bitcoin. Making a research before investing is important, right now many new coin is a pump and dump and dont have real project

These have no value whatsoever.  I'm really trying to give out merits here, but stuff like the above are what discourages me.

[maman567]

Many new coin have lower price after listing at exchange market, last month we got founder ICO from Indonesia Oscar Darmawan created lyfe ICO, but after listing at exchange market lyfe price is lower than ICO more than half, its why I can't trust with ico now.

[deisik]

2. What is the positive impact of this new coin on Bicoin

this is free marketing for bitcoin. the more new coins that are born, the more people will hear about bitcoin. but it creates negative opinions for many people

Very strange logic here

You say that new coins are free marketing for Bitcoin and then you proceed to say that they will produce negative effect on people's minds and opinions (the point which I agree with). So how is it free marketing really? It is negative publicity and it is definitely not the case when any publicity is good publicity. Further, I don't really think that these new shitcoins will make people more aware of Bitcoin. I'd rather say it works in reverse order, i.e. people learn about shitcoins through Bitcoin, not the other way round

[jhongzjhong]

First of all, the new coins that will go to the market sooner are more established compared to others. Facebook is trying to develop a coin/cryptocurrency that each of their users could use for their social media activities and so on. For example in games and streaming. People tend to spend money through gaming and watching their idols to do so. Cryptocurrency/new coin of this type is very effective and will become the most established coins ever.

[deisik]

First of all, the new coins that will go to the market sooner are more established compared to others. Facebook is trying to develop a coin/cryptocurrency that each of their users could use for their social media activities and so on. For example in games and streaming. People tend to spend money through gaming and watching their idols to do so. Cryptocurrency/new coin of this type is very effective and will become the most established coins ever

Only time can properly "establish" coins

That's one of the reasons why Bitcoin itself is still at the top. The same Litecoin is technically a better version of Bitcoin but it is not even the second best in terms of either market cap or price (though it may be the one in terms of actual use). In other words, this room is crowded (if not to say overcrowded), and it takes a lot more than some well-known and recognized company like Facebook or Apple, or whatever to launch its coin and push it to the top. That's likely another reason why we don't see such coins in real life

[Burogh]

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?

Many utility token created by new developers team with different purpose and i think its good. I dont think new coin will give positive impact on bitcoin because its different purpose. Bitcoin still the king in cryptocurrency market and trusted investment in market

[adolf512]

At the moment, projects are not in a hurry to conduct ICO and generate their tokens, because everyone is waiting for the improvement of market conditions, so there are practically no new, really useful technologies / projects. But if there are new projects, they have no effect on Bitcoin.

[YOSHIE]

My opinion in this regard with the emergence of new coins and tokens has positive and negative effects.

1. The positive, gives the opportunity for beginners to succeed also in the world of cryptocurrency.
2. The negative, because people cannot get old coins, except by investing for those who know. while new coins can still be obtained by participating in bounty projects etc.

Now the Cryptocurrency is increasingly recognized by many in the world. With blockchain technology.

[Crypdon]

New coins are good to keep things interesting, even though majority of them are worthless soon to be shitoins, it ensures that the crypto world is an active one. Without new blood the market would be stale.

[bitcoinsc]

Technology move too fast for reality. We will be seeing more ppl with lost income. And the hodler for their children will be rich. Crypto is becoming the future of ur investment.

[REYVAN]

2. What is the positive impact of this new coin on Bicoin

this is free marketing for bitcoin. the more new coins that are born, the more people will hear about bitcoin. but it creates negative opinions for many people

Very strange logic here

You say that new coins are free marketing for Bitcoin and then you proceed to say that they will produce negative effect on people's minds and opinions (the point which I agree with). So how is it free marketing really? It is negative publicity and it is definitely not the case when any publicity is good publicity. Further, I don't really think that these new shitcoins will make people more aware of Bitcoin. I'd rather say it works in reverse order, i.e. people learn about shitcoins through Bitcoin, not the other way round

why do I say this is free marketing, because in my opinion every coin or new token will try to release the market with a BTC pair, so that the investors and the coin community will indirectly see the BTC ticker, for novice investors and community members who are new to crypto will try to dig about "BTC" "Bitcoin".
Giving a bad effect to BTC because a lot of developers or coin teams are not responsible for their projects, unable to maintain and be directly involved in the market, so their coin prices are destroyed, eventually investors and their communities are disappointed, because they feel their investment fails and loss. for those who are impatient they will panic sell. and some will not believe in crypto including BTC.

[deisik]

2. What is the positive impact of this new coin on Bicoin

this is free marketing for bitcoin. the more new coins that are born, the more people will hear about bitcoin. but it creates negative opinions for many people

Very strange logic here

You say that new coins are free marketing for Bitcoin and then you proceed to say that they will produce negative effect on people's minds and opinions (the point which I agree with). So how is it free marketing really? It is negative publicity and it is definitely not the case when any publicity is good publicity. Further, I don't really think that these new shitcoins will make people more aware of Bitcoin. I'd rather say it works in reverse order, i.e. people learn about shitcoins through Bitcoin, not the other way round

why do I say this is free marketing, because in my opinion every coin or new token will try to release the market with a BTC pair, so that the investors and the coin community will indirectly see the BTC ticker, for novice investors and community members who are new to crypto will try to dig about "BTC" "Bitcoin"

I think it works in the reverse order in the majority of cases

I mean people first learn about Bitcoin, then about some altcoin. It is possible that some "novice investors and community members" may first hear about a major altcoin (for example, Litecoin or Ethereum), but it doesn't look very likely that they enter the cryptoscene through some unknown altcoin. I don't say that it is completely impossible (as it is definitely possible), I basically say that the odds of that are really low. So no free marketing here