No One (OP)
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April 15, 2019, 08:00:07 AM |
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Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age. So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?
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passwordnow
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April 15, 2019, 11:15:56 AM |
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I'm not very sure on what exactly will happen about this merging. But I have witnessed those coins that replaced their names, forks and other changes so I think not that much difference if there will be two good coins that decided to merge as one. I cannot say about the win-win situation but since most of the altcoins has similarity in terms of usage as a payment to any service and products, I can say that if this will ever happen then the number of altcoins in the market would reduce perfectly and this can be another trending thing with crypto.
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Adriano2010
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April 15, 2019, 09:30:57 PM |
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Well most of this coins are just cloned from the old and good coins, and even if they make 2 coin to be only 1 is not ok and even is not possible, because is clear one coin will die and not used anymore, and also they can't succeed because they are just clones as i say.
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mrdeposit
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April 15, 2019, 09:43:46 PM |
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Greed does not let it. If there was already a system, would there be so much crypto? Imagine, if the projects related to the same sector combine their power, it will be a much more robust market.
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XbladedThanos
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April 15, 2019, 11:05:12 PM |
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If they can successfully merge and increase their effectiveness then am sure they will be up to a great start but the issue will have to do with their administrative and also their blockchain and tech types forks can run but how well supported is it perceived is it by the public
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SlimShadyMmp
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April 15, 2019, 11:20:22 PM |
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Different people different technologies many other issues can arise from such mergers I think best idea is another team comes up with a better merger to join those coins with the creation of their own which still create rampant number of those coin Best idea is to go with what you have at hand
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glendall
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April 15, 2019, 11:29:23 PM |
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maybe the merger looks good, but the problem is whether good coins want to mess with other coins? or do you prefer to work independently? because in reality, each project has its own way of thinking, for example, BCH, which after the fork then becomes two parts, BCHABC and BCHSV, this indicates that each team in the project has its own individual features that should be together.
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Febo
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April 16, 2019, 09:19:59 PM |
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Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age. So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?
Merging coins dont make free new money. So scam coin artists are not interested in zero sum games.
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GospelCrypto2
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April 16, 2019, 09:26:38 PM |
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I see this feasible with tokens but not coins running on different blockchain. But in this space where everyone wants to be a CEO and have access to all funds, it's going to be difficult to see such from crypto projects anytime soon.
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Peruvyn
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April 16, 2019, 09:28:06 PM |
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Project merging is not possible because each of the project has different business plan with different token or coin, so it is not possible to merge them together as it can be obtained in other industries.
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jakelyson
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April 16, 2019, 09:35:00 PM |
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Is this like two business merging together? This can only be possible if the two coins merging has the same goal. Otherwise, I do not think it will work. And besides, a dead coin will not bounce back to life even if it merges with another coin. Most probably, that coin will be deleted and the good coin will be the one that will be put into the market.
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Shenzou
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April 16, 2019, 09:50:03 PM |
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Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age. So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?
This is not an original idea as there were proposal of merging dash with shadowcash back in 2014 but it soon died away as it was a really ambitious idea and for it to work many things were had to be made perfect, i personally think that it could work and it could at least bring attention to the coins and it would boost them up if made by the right people and the right coins, because all coins have their advantages and their disadvantages for example you can merge dash and bitcoin cash, dash for its scaling solution and bitcoin cash for its network effect, so merging those both would be great.
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cchub
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April 16, 2019, 09:57:25 PM |
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Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age. So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?
This idea sounds very good. However, we canot implement that because there is no "coin merger" possible in different blockchains.
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fasdorcas
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April 17, 2019, 07:49:58 AM |
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Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age. So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?
Well, that depends, but most of them wouldn’t like to do that cause they are just interested in making their money and that’s it. And by the way not all of them you see are legit, some are just owned by scammers. Next thing you need to know is that each of them has different proposes and targets that they plan to tackle. So, you shouldn’t expect people with different purposes to come out and work together, when everyone is just interested achieving theirs first. This is just like saying that Google and Apple should merge, nah, that’s not going to happen.
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qazgroup
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RiveMont
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April 17, 2019, 09:07:22 AM |
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The question is what will a merger do i mean how it will help a project or help it to survive and be successful i think every project is unique with their own concept, aims and teams so a merger perhaps is not an easy thing to do and the major conflict even if a merger happens will be the use of funds and resources.
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Red-Apple
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April 17, 2019, 09:53:37 AM |
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it will never happen because every coin's motto is to be a stand alone coin succeeding in this market, there is no point "merging" with another coin and it won't change anything in my opinion.
the problem is not the quantity of the coins, the problem is with their quality. for example when you see 80% of the altcoins are simple copies of another coin (usually bitcoin) with little change, that means that 80% is already dead shitcoins. whether you merge them or do anything else is not going to change anything, they still remain useless. in order for a coin to succeed it has to first have some innovative ideas that are actually solving something in the world and provide something people need. otherwise they die eventually.
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drumamat
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April 17, 2019, 12:25:09 PM |
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I think sooner or later we will see similar mergers of coins. In my opinion, this will only be reflected in the for the better.While I have not seen this even in the announcements but theoretically it can happen.
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slashz9
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April 18, 2019, 12:01:11 AM |
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i think it will hard if the 2 team have a different vision and mission, like BCH hardfork few time ago. and like NEO and GAS, i dont know if they have the same vision, good project always look which project want to join witth them.
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pushups44
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April 18, 2019, 12:09:19 AM |
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The only way I can see this happen is if there is some kind of consensus and a resulting hard fork, but that would defeat the notion of immutability. It could be done, I suppose, but would be very controversial.
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shendy
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April 18, 2019, 03:08:11 AM |
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Of course this is not an easy thing to combine coins, each coin has a distinctive feature and each coin has its own characteristics, I also do not know whether if there is coin merging it will have a good impact in the future or not predictable, because before that it has never been done
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