Useless altcoins must remove from the whole crypto market

[agusiska]

agree with this one, because junk coin make crypto market look bad in the eye of investor and trader.

[zzortyx]

Exchanges remove useless coins from the listing from time to time. Perhaps they should do this more often and more strictly choose coins for listing. Although the exchanges themselves are different...

[jazmuzika217]

I got your point. They must remove the useless coin to avoid confusion where to invest amd hold. Specially from newbies. It is better the remove it to avoid loss specially to the newbies that already start to study and explore about crypto world. But the negative on this is there is possibility that we will missed a chance to rise a good coin to develop and the key to change the world.

[fvb]

There are a lot of such tokens on my wallet, I think to create a wallet and send them there, but it's a pity to pay for transactions.  They are really useless and have already died.

[nanaimogold]

I am actually of the opinion that coinmarketcap should put more effort into scrutinising coins and tokens listed there in. The criteria of the platform listing in two cmc supported exchanges and maintaining a reasonable trade volume if not enough, a working product should be a criterion too

[tonyvo2017]

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 cannot know what are useless alts and we do not have the right to remove it.
Like Realtract (RET), it appeared in October 2018, but due to the bad market, it could not grow. then 1 year, its value has seemed x10.
Therefore, we cannot evaluate any alts or tokens. Let them survive and help the community.

[numanoid]

I agree on this. But it's difficult to make it real, you must convince all exchange to delist that dead token which unlikely will happen (remember there are still DEX which will listed them)
All of exchange sites want to make money, that's why they keep listing a token even though the volume is small

[simpelplan]

this is a good solution to avoid coin fraudsters, I also feel furious to see lots of useless altcoin and no further development. but is not a coin that is no longer in development or has been left by the developer, gradually disappearing by itself?

[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.

Centralized administrative management methods are not suitable for the cryptocurrency market. Everything here must obey the natural laws of a decentralized market. All useless projects and their tokens will leave this market after a certain time and there’s no need to invent anything else. This must occur subject to the laws of the market. Therefore, there is no need to rush in this matter.

[NeelMariaWarner]

if tokens don't get a boost from the team, they will disappear over time. because tokens or coins that are difficult to develop naturally will become dead coins and no one wants to invest with them. but it is true that in 2018 many projects that gave birth to tokens or shitcoin.

[leea-1334]

Come on, you want to have a world controlled by yourself or you want people to baby sit you in crypto trading?

I do agree states should stamp out scams all day to protect poor people,,, but if you are crypto trading and you believe in the false numbers of altcoins,,, you only have yourself to blame. Let it be there to display how mighty Bitcoin is!

[X-ray]

if tokens don't get a boost from the team, they will disappear over time. because tokens or coins that are difficult to develop naturally will become dead coins and no one wants to invest with them. but it is true that in 2018 many projects that gave birth to tokens or shitcoin.

That's true and it's just the matter of time. Crypto is about a competition for the platform that was giving a fully working product and it will be alive. But it's also important to delist the shitcoin to help the newcomers from those shitty coins. Useless coin must be removed from the market and i hope that will be happene when there was a rule for exchange site to delist it when it was become shitty coin.

[Botnake]

That is not possible, as long as the coin has trading volume in an exchange, it will remain in the market.
Further, the judgement of every investors are different, some would consider a certain coin a shit coin but some would consider it as a gem because the price is currently cheap or undervalued.

[novy]

This question is very tricky. My thoughts regarding the delisting of shitcoins are next: ask CEO if the project is still active, check the github activity, check the trading volumes of the exchanges. This should be enough to make a decision. 

[Marble777]

I often observe that most developers no longer care about their road maps, there is no point if a project has a good product or function but doesn't have many users and that is just bullshit. investors also will not survive with tokens like that., Shitcoin is born from various projects and tokens will die if there are no users at all. they will become spam in your wallet

[omone1]

I believe you that the market need to be clean up, but don't forget that this market is highly unregulated as no one is answering to any central authority. So must times we advise traders to do a proper research before investing in any coin. Just because a coins is listed in an exchange doesn't mean it's healthy.

[zzortyx]

If the coin was traded on the exchange and had sufficient volumes, it can not be called shitcoin. Shitcoins are coins that have never been on exchanges have no value and most likely will not do so.

[xOdiumNostrumx]

The exodus of these mentioned currencies/projects would definitely be beneficial for the crypto market, but I believe this wont happen for another couple of years as there is still too much "stupid" money on the market.

[valuater]

sounds good and it should be like this so that other projects can show their potential and in my opinion, there are thousands of "useless" projects, but the problem of deleting is rather difficult to implement because it all depends on the exchange that offers altcoin earlier.

[KofiAdepa]

For sure there are many worthless coin out there that needs total removal from the digital world. They were just created to scam others and after listing them in some low rated exchanges you never hear from them again.