Useless altcoins must remove from the whole crypto market

[zenhu]

I think those useless altcoin/token will survive, we know that we can create a token just an hour, then make your own ICO to colect the funds.
As long as we know the good altcoin, no need to ban or remove them all, that will automatically ignored by people.

[Meysa_richa]

Many developers create Altcoin and don't think about the future and performance of Altcoin. They just want to take advantage of the projects they make, after they get the profit then they just leave without thinking about the fate of their Altcoin. Problems like this are good if it can be solved to increase altcoin which is still maintained by its creator.  So that investors and traders do not easily experience losses.

[alberdina]

It's not easy to remove useless coins because sometimes many investors get stuck inside. The Investor wants to sell the coin but no buyer, so if in the Remove from the list, obviously will be many parties harmed.

But it's already a trash coin, of course, it won't be useful. I think this is the fault of the various exchanges because it does the selection with no good. So many projects are manipulating sales charts, so they can get in on the exchange.

[zuziekatee]

Only time will tell for them because they will eventually die and be forgotten ! That’s why it’s good to choose your investment wisely and choose your loses wisely ! Useless altcoins will reduce because they won’t see who will patronize them !

[DonFacundo]

The developers of the useless tokens are just want to make quick profit and we can not easily remove them in the market. If there is voting option that we can delete the useless tokens. Maybe the market will be better.

[Argoo]

They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.

We must not forget that in cryptocurrency it is impossible to solve such issues by administrative methods. The usefulness or futility of projects, as well as their cryptocurrencies, should be decided only by the market. Only supply and demand should be indicators of what is necessary and what is useless for the market. To intervene in this process means to intervene in the process of decentralization.

[bitgolden]

The developers of the useless tokens are just want to make quick profit and we can not easily remove them in the market. If there is voting option that we can delete the useless tokens. Maybe the market will be better.

It would not be easy for them to be removed from the market because it involves payment and since they do pay to stay in the market concerned, they have the right to remain there, but what we can do from our own end is to make them kind of redundant.

Redundant in the sense we could create a group that will be popular where we can always drop the names of these shitcoins and the reason why they turned shit so that people can come there first to verify before proceeding to the market to purchase them, that is the extent to which I think we can go and then reduce the level of participation in them, if they don’t get much participation from us, they will surely stop paying to retain themselves on those exchanges.

[Ferris419]

I don't think it will ever happen. Because A lot of greedy people always will be there to buy shit coins. They think shit coin price can be up suddenly, so they can make a huge profit at once! Recently I found a project who are buying shitcoins through their own native tokens! I don't know why, but this is making some volume for that shit coin. We shouldn't support any random coin who hasn't real use cases.

[irixo10]

Painful as it sounds but that's the truth. They will sweep over the crypto space with hype which might be further spiked by many "experts" and once the funds have been raised you will be surprised to see them coming up with excuses to delay listing and before you know it they will list on a bad exchange and the next thing is silence from the team. This is mostly how they operate and reason why this space is filled with many of them; however it will not be easy removing all from the market at once but you can agree with me that many are already dying off faster. Even those on good exchanges but have lacked what it takes to maintain a good volume are getting delisted, so slow and steady we will get there.

[gunhell16]

You don't need to worry, every exchange has their rules.
Those cryptocurrencies which have no volume or demands will definitely out in the market.
They will be delisted on an exchange, But let us not go all the way some coins/tokens are just sleeping and there are some golds on them.

[fortunecrypto]

They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.

Unfortunately, they cannot just be removed in the market as long as their are volumes in exchanges where they are being traded, developers are manipulating the volume so they can stay in the market and continue to give false hopes to their investors.

[Chrystora123]

I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.

I think this way too, right now there are around 6000 cryptocurrencies in circulation and almost 30% are coins that don't have trading volume.  I just think this will provide an opportunity for new developers to enter the crypto market with good projects and new concepts.  I strongly support the removal of Altcoin which is not desirable and useful.

[Best Dreams]

The developers of the useless tokens are just want to make quick profit and we can not easily remove them in the market. If there is voting option that we can delete the useless tokens. Maybe the market will be better.

Voting option is a very good idea, at least through this all the useless coins can be removed from the market, and the other thing is that those who want to invest their money in any project (altcoin) should first investigate thoroughly about that otherwise they will be the victims at the hands of the developers of useless coins. Focusing on investing in genuine altcoins will be very good.

[UniversityCoin]

Cryptocurrencies were created so that people do not depend on regulators. So that each person could choose a project to his taste and could invest in it. Now you are proposing to create a body or campaign that will be responsible for removing underused coins from the market. I believe that the market does not need it, any project has the right to exist, even if it seems to someone insignificant.

[bussybuddy]

Yep, that was a great intention. Useless altcoins need to be removed from this market, and people will focus on good and valuable altcoins. At that time, this market will definitely go up quickly

[DeathProxy]

These type of altcoins are basically pump and dump coin with fake volume which will soon die off naturally . No wise crypto investor is suppose to hold those kind of coin for long term hold, it is highly risky and one can loose his/ger entire crypto funds to such kind of crypto project. Hopefully crypto will be regulated and scam projects will  reduced

[Bitbtc8]

They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.

Useless coins and tokens will die on their own, play your own part by avoiding these coins and tokens, spend more time on learning how to detect bad projects that have nothing to offer investors or themselves than stealing money made from ico or ieo

[rdewilde]

They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.

I think the issue is, we are the ones giving these useless coins attention thus making it possible for them to exist in the first place. Most people only think of profit thus investing in most coins which will later not work according to their target then they will turn back and lament. Let's check the number of altcoins coming up everyday and how many that are loving upto expectations? Like you said, some are nothing but hype and some of these hype were created by the exchange promoting them (in the case of IEO) etc and once done, the investors are to fend for themselves.

[Starfranko]

Of late there seems to be too many of such tokens that are absolutely contributing nothing to the development of this ecosystem . All they intend to do is rip the unsuspecting public of their resources. Is there any way of reducing the number of such projects with such dubious intents

[DAVETUN]

Regulation in the CRYPTO space is the solution to reducing shitcoin in the space, these are coin that has discourage lots of investors coming into the space, with regulation, ICO/IEO development can be monitor.