Useless altcoins must remove from the whole crypto market

[PuertoLibre]

Clearing the market with natural selection is the best possible option IMO. Using liberal choices will not give the expected results due to the unpredictable market conditions. For importing the market demand-supply and clearing the scam projects with agreeing small(scam) exchanges can save the crypto industry but I doubt it will give the same effect in the short term. for the long term, we need regulation and the audit companies from the professionals.

[key4co.in]

No one will remove them as there is no law for this action in order to be applied. What we can actually do is stop investing in death coins and projects who are just taking investors money in order to prevent them to gather extra funds but who will listen as so many of us think oh this coins is super low in price , maybe is a hidden gem , let me trow 10$ but you're the only one thinking like this so they still gather funds. No wonder why ICO's are dead ...big investors stopped trowing money into them so I hope they learned the lesson after 2019.

Very cool points here, shitcoins can't be entirely removed from the market, it's not possible. We just need to be selective in investment. For instance, a friend of mine invested 1000$ in a coin just because he considered it cheap and might give fortunes in future, even after I advised him not to. Right now the 1000$ turned 3$ , the team members kept taking any available buy order no matter what price it is. Let's just be careful while investing in altcoins.

[TelolettOm]

Yea, that wont happen, but a global purge of those useless shitcoins would be more than welcomed. But hey, maybe those are bad for crypto optics as a whole, but at the end of the day, who cares if they exist, just stay far away from them and ignore them.

Many things have indeed made the industry of this fraud I feel there is no eradication. From the end of 2017-2019, we will see that the cryptocurrency industry in the investment sector is becoming increasingly sophisticated in deception. scammers are able to deceive trends that occur as IEO is also currently able to imitate them to be able to create a mock project ?. are we all aware of this

[microsurfer]

Market is self-regulated. Useless projects are just dying. People forgot about theme, exchanges delisting them too

[Patrix_1]

The problem is that you cannot just remove useless tokens from the market. Surely, some tokens are automatically getting delisted when they do not have a trading volume, but in my opinion even coins that are traded on big exchanges are completely useless, but we can't do much about it.

[rmhuntley]

The problem is that you cannot just remove useless tokens from the market. Surely, some tokens are automatically getting delisted when they do not have a trading volume, but in my opinion even coins that are traded on big exchanges are completely useless, but we can't do much about it.

Right, In my opinion nothing can be done to eliminate altcoin that is not useful in the market. Leave them without buyers and I think that will make this type of coin disappear. Altcoin which has no trading volume in the crypto market will be removed from the market trading list, we only need to support the market by no longer buying it.

[HabiebRiziq]

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.

Newbies are very easy to believe in the words of others, it only takes a few words for them to believe. And altcoin which has no volume will gradually disappear from the market and only coins that have demand and volume will survive. Back again to the newbie to not easily trust others and it is better to ask for advice from several people and then observe for yourself or find out what is true or not.

[DabsPoorVersion]

The problem is that you cannot just remove useless tokens from the market. Surely, some tokens are automatically getting delisted when they do not have a trading volume, but in my opinion even coins that are traded on big exchanges are completely useless, but we can't do much about it.

Right, In my opinion nothing can be done to eliminate altcoin that is not useful in the market. Leave them without buyers and I think that will make this type of coin disappear. Altcoin which has no trading volume in the crypto market will be removed from the market trading list, we only need to support the market by no longer buying it.

Removing it in the market is possible, delisting it in different exchanges will be the option for this.
However, removing it permanently is impossible, once crypto has been created and was launched in the market, there is no possible way to remove it nor delete it.

[arimamib]

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.

Newbies are very easy to believe in the words of others, it only takes a few words for them to believe. And altcoin which has no volume will gradually disappear from the market and only coins that have demand and volume will survive. Back again to the newbie to not easily trust others and it is better to ask for advice from several people and then observe for yourself or find out what is true or not.

If coins that do not have their volume will definitely be deleted in the exchange market, because an exchange has its own rules. if the market still holds low volume coins or usually they will have a bad rating on a site

and be better for members who have a lot of experience to help each other in terms of knowledge so that beginners can be wiser in their investment in the market.

[Pearls Before Swine]

There are so many altcoins in existence that it is indeed obvious what the motivations were of their creators...profit for themselves. 

Don't know if one can actually destroy an altcoin, but they can die off on their own if nobody wants them.  If you can't send a coin because there are no miners and can't sell it because no exchange will list it, that's as close to killing a coin as I can think.

I agree with op that most altcoins should be killed off, since there's no good reason for them to keep on living.  That's what is going to happen with probably 90% of them within about 10 years I'd say, especially if the mood doesn't lift as regards crypto in general.  Only the high marketcap coins will survive, and the rest will just die a slow death.

[Edraket31]

The problem is that you cannot just remove useless tokens from the market. Surely, some tokens are automatically getting delisted when they do not have a trading volume, but in my opinion even coins that are traded on big exchanges are completely useless, but we can't do much about it.

Right, In my opinion nothing can be done to eliminate altcoin that is not useful in the market. Leave them without buyers and I think that will make this type of coin disappear. Altcoin which has no trading volume in the crypto market will be removed from the market trading list, we only need to support the market by no longer buying it.

Removing it in the market is possible, delisting it in different exchanges will be the option for this.
However, removing it permanently is impossible, once crypto has been created and was launched in the market, there is no possible way to remove it nor delete it.

Hope that they will also removed in CMC, we don't need them to be listed there, hope that once an altcoin is inactive for a long time, no volume and no one is trading anymore for period of time , hope that CMC, Coingecko will remove them and be delisted on exchange they are listed at, this is to avoid confusion anymore.

[pakdemaco11]

I also want to, but how do I delete it?
Coinmarketcap must make more stringent regulations so that junk coins are no longer registered at coinmarketcap.

[red4slash]

I also want to, but how do I delete it?
Coinmarketcap must make more stringent regulations so that junk coins are no longer registered at coinmarketcap.

there are some of your answers in this thread, it looks like coins that do not have a large volume will be erased from CMC in the end maybe at this time there are still some coins that are still struggling to maintain their volume but I'm sure if the volume of worthless coins is not large CMC will delete the coin

[Pinkris128]

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.

There are a lot of coins that have no trading value and many are being delisted in the exchange. Some people still keep some of those coins for their own reasons. Maybe to remind them that not all things planned here are going to make it to reality. I am not against in deleting those useless coins but I hope people won't forget that they existed. They are here to remind us our mistakes and shortcomings.

[budi12]

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 totally agree with your opinion that alttcoin which is useless must be immediately removed from the cryptocurency market. but in this case the exchange or market owner must make a special rule or regulation to the altcoin developer if someday the altcoin that has been listed in the market has lost its sale value it will be immediately removed from the market place .. so there will be a kind of bond contract between the owner of the exchange with the owner of altcoin.

[krb91]

There really is no way to sanitize the crytocurrency market of these useless alts other than regulations.  Unless a project has proven they are fraudulent or trading below the minimum required volume specified by any excuse,  they can't be delisted.  It is up to the buyer to make good analysis before investing in any token, some just exist to keep pump and schemes alive.

[Backupnime]

the main problem is why the exchange accepted to list this shitcoin/token on their exchange.
the answer is of course both exchange and project in one circle where the both are mutually beneficial and investors are the victims on this case

[red4slash]

the main problem is why the exchange accepted to list this shitcoin/token on their exchange.
the answer is of course both exchange and project in one circle where the both are mutually beneficial and investors are the victims on this case

I think that shitcoin will still be listed on the market list that does not have a lot of volume. for markets that have high volumes they must have criteria for making coins listed on their exchange. investors must be smarter in making investment choices that have a good future

[Christinebeauty]

We dont necessarily have to waste our time removing all those coins from the system because they will eventually die on their own. Majority of the altcoins on the market are just pump and dump coins without any real usage but traders throw their hard earned funds into them

[tvplus006]

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 totally agree with your opinion that alttcoin which is useless must be immediately removed from the cryptocurency market. but in this case the exchange or market owner must make a special rule or regulation to the altcoin developer if someday the altcoin that has been listed in the market has lost its sale value it will be immediately removed from the market place .. so there will be a kind of bond contract between the owner of the exchange with the owner of altcoin.

You are now talking about altcoins that are traded on exchanges. But there are a huge number of coins that will never be presented on exchanges, but something needs to be done with them too.