Tipstar
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August 04, 2019, 01:27:04 PM |
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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 realize your frustration but there's nothing we can do other than being cautious ourselves. This is a prime example of free market and you should be responsible to any of your decisions. The coins are independent so are exchanges. There's no uniform body to regulate them. So, it's better to spend a lot of your time researching than regretting for choosing a wrong investment.
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coinswebid
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August 04, 2019, 02:33:00 PM |
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It seems to me that it is not so easy to do. Disappear some appear others. So there is no medicine.
but, i believe soon or later a useless altcoins will die and gone from crypto market my friend because, there will be no demands for a useless altcoins ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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bitstalker
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August 04, 2019, 04:11:14 PM |
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agreed, because I was tired of seeing crypto monitor sites such as coinmarketcap which contained lots of used ico coins, masternodes that were trash there and there were hundreds, meaning rubbish here had no volume and no value.
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Little Mouse
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August 04, 2019, 04:22:37 PM |
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With the recent domination of Bitcoin, shitcoin will be in trouble and 99% shitcoin will be no more in the market. They will just disappear. It's better to move from shitcoin. We can't prevent creatung shitcoin by greedy scammer but we can stay away from them if we do a little research before investing.
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Rohtox
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August 04, 2019, 04:42:54 PM |
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all useless altcoin will disappear by itself if there is no demand or the developer of the project has a problem. If altcoin is still crowded and traded on the exchange, I think it will be difficult. because the principle of decentralization, which is not regulated by a particular institution or group
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domoy77
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August 04, 2019, 04:47:52 PM |
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It seems to me that it is not so easy to do. Disappear some appear others. So there is no medicine.
but, i believe soon or later a useless altcoins will die and gone from crypto market my friend because, there will be no demands for a useless altcoins ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Altcoin will die if left by the community, just look at now many are turning to altcoin which obviously has a big name and also bitcoin, if altcoin is just starting well by whatever means it will last a long time
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anjho.ace
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August 04, 2019, 04:51:17 PM |
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How can we tell if the alternative coins are completely useless?
Some are just sleeping and can be productive in the future. but what are those criteria so we can tell them is nothing anymore.
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key4co.in
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August 04, 2019, 04:54:15 PM |
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It's true that there are many altcoins in the market that are "useless" as stated on your post, but there is no way they can be completely removed from the market. Nobody is forcing anyone to invest in any altcoin, reason why it's essential to do proper due diligence before buying and holding any altcoin especially for long term. Some developers are just out to do new coins, list on exchanges and dump, then move to the next coin to launch without any plans to use funds raised for project development. We just have to be careful on what we invest in.
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Cheesus
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August 04, 2019, 05:08:47 PM |
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I agree with your points. There are plenty of useless altcoins are still live in the crypto market. Especially Coinmarketcap should remove these shits immediately. It is unfair that CMC keeps listing the shit altcoins even after their death! Therefore crypto people should ignore all of these useless coins. Because of some people's interest, these shitcoins hasn’t died yet!
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Samayuki
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August 04, 2019, 07:15:10 PM |
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its better to ignore shitcoins and not invest in them at all,it would have been better if coinmarketcap can delist some useless tokens and coins on their platform but since they met CMC requirement we cant stop CMC from listing this shitcoins
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wanted sliter
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August 04, 2019, 07:28:15 PM |
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Altcoins were too easy to create. But not all of them survive. There are thousands thousands of altcoin was created, and now, just few of them could make it to the exchanges. But I Don't think they are all waste of resources. Cause the market need competitions to evolve
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fosco333
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August 05, 2019, 05:03:47 AM |
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Well, the altcoin exist in cryptocurrency must have function so the coin will keep have healthy volume in circulation. Some altcoins are slow to developing their project, they looks like a dead coin, but actually they still developing, at least that is what they said. If the devs doesn't have a nice planning and funds before creating coin, they will find difficulties to sell the coin.
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Sacramentus
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August 05, 2019, 05:15:11 AM |
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No need to bother about them or remove them from the market. They are expected to eventually die off and make way for real projects to occupy the market. This period, I don't think that the undervalued tokens /coin will make any good moves again
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patz22
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August 05, 2019, 06:28:53 AM |
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What will be the confusion then? Do you mean if they will have the same ticker? Even though they are new of course, they will do their owno research and of course someone give a heads up to them. Regarding the dead token or coin I would agree with the others as long as there are no volume there should be no problem.
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Turkish88
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August 05, 2019, 06:31:55 AM |
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Its not easy, cryptocurrency is open for everyone, everybody can launch their own blockchain or smart contract on eth and other platforms. I am also will be happy dont see scam nomore
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BitcoinHunt3r
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August 05, 2019, 07:36:12 AM |
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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 market will have their own reason when want to delist tokens or coins from their market. Of course they wouldn't do it because people ask it or maybe only because small thing. They sometimes look for listing fee and they will protect coin that already listed on them.
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leader2704
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August 05, 2019, 07:54:03 AM |
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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 do agree with you, some shitcoins were just created for P&D purpose, newbies who just joined crypto will get REKT easily and this may stop new capital inflows
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fzatni
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August 05, 2019, 08:03:06 AM |
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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.
altcoin should be like that is not useful to throw away, but all decisions depend on the relevant exchange. maybe the crypto community must press exhange to delete alt that doesn't have a small volume
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Cnut237
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August 05, 2019, 08:17:08 AM |
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Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.
It would be nice if all coins were good coins, however I think the useless ones should be allowed to fail naturally. I really don't like the idea of coins being refused the right to exist just because someone decides it's no good.
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xenomorphe1
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August 05, 2019, 08:29:19 AM |
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You can't know which altcoin is going to be useful or not. Currently all cryptocurrencies are used only for speculations. That's why there is pump and dump scheme. You can't do anything against that. Bitcoin is also used as a pump and dump coin. If not, it would have been more stable.
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