Useless altcoins must remove from the whole crypto market

[Ducky1]

if we talk about scam projects, I think if this happens it will be great. I think everyone will be happy if there is no scam on the crypto market.

[1715268324]

1715268324

[X-ray]

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.

The developers can no longer take that decision. There is no concept of a "buyback" with cryptocurrency. Even if there was such a concept, I don't think that the developers would be willing to reimburse the investors. A more profitable method for them to do is to vanish with all the money, allowing the coin to die a slow death. If there is no further development, then the coin will eventually die. This is going to be bad for those who trusted the team and invested their heard earned money in to these projects, but you can find several such occurrences in the cryptocurrency market. The best thing for us to do, is to refrain from investing in shitcoins.

The buyback concept actually exist in the past but usually will become make the project have a high chance of failure. Most of people who got panicked when there's something wrong with the price or being dumped even a little bit will try to drain the buyback fund pools making the project losing the fund and therefore is not as effective as it is was once planned to make the project have a high liquidation.
Nowadays the developers have known such a thing and therefore we rarely see any project that uses the buy back method again after the ICO phase ended. It seems that they are just let the market decides the price for their token and let people provide their own liquidation.

[agentx44]

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 lots of people who get involved on such useless altcoins since most of the people here are always after high profits. They experience high profits or hypes at the beginning of those altcoins and after just a few months, the project or the altcoin will be left alone and will go down to rock bottom but will still have the capability to stay on the market. This ends up to having investors mislead and to be confused if the such altcoins are good or fit for investment when it's not.

[Stanlo]

All coins that have no trading volume will be wipe off from exchanges in time, this is another way of dealing with useless tokens and coins, another one is not meeting good exchanges requirements so its better not to invest in projects that are not listed on very good exchanges

[fudster]

All coins that have no trading volume will be wipe off from exchanges in time, this is another way of dealing with useless tokens and coins, another one is not meeting good exchanges requirements so its better not to invest in projects that are not listed on very good exchanges

I had happened, coin with very less volume in the market are delisted in the exchanges and coinmarketcap as well I think was delisting pages of thees tokens when they are not in the market. This is how far we can prevent them from coming back, but these projects however are somehow doing some come back when finally they get a break.

[10c]

if we talk about scam projects, I think if this happens it will be great. I think everyone will be happy if there is no scam on the crypto market.

This is just a dream. Scammers will always be present in any area of our lives and we will not be able to get rid of them. the only thing we can do is improve our knowledge and not become its victims

[lab rat hoax]

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 strongly agree with this idea. Useless altcoins take up unnecessary space in the market and cause the pie to be divided into more slices during the bull season. Moreover, most of these atlcoins are scam and shit coins, that's why people lose confidence in this market. But is there any power to erase such atlcoins from this market? I don't know. I think the only way this can happen is that stock exchanges do not list these coins.

[ecnalubma]

We are not sure that all of them are dead, because as far as know some projects just paused trading activity and watching the market closely. Maybe most of them are dead but some are focusing on development and creating products but probably volume will resurrect once the market is fine.

[jhontwis]

Of course it doesn't make sense to say all the subcoins are dead. Because there are systems that really work. But how much value do they add to our lives? I mean, how useful are they?

[kidbounty]

the only way to eliminate altcoin shit from the market is by delisting. so we must encourage all exchanges to eliminate altcoin shit from their exchanges. so that there is no more trading volume, and slowly altcoin will surely die

[Xxmodded]

Altcoin useless and have lower price remove from crypto market, last days on Indodax have remove two shit coin because do not have buy order any more, SCC and STQ coin removed from indodax exchange market and now every one have SCC or STQ coin can withdraw and sell on other exchange wallet support SCC coin.

[TheBusstop]

as Long the crypto market is not regulated, scam projects and activities like pump and dump market will always be a threat to the crypto market. it is a recommendation that everyone should do their own research before you invest in anything crypto. No matter how juicy, it appears at first. take time and investigate the entire project to avoid loosing money.

[kak uli]

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.

cryptocurency opens opportunities for everyone to do business for profit, but not everyone has the same goal, there are those who really want to build up to develop and grow well in the future, and there are also people who only seek temporary profits so that after they benefit from it they leave without thinking about future developments and growth, then we as users must be careful in choosing altcoin which is increasingly being launched now and already very many useless altcoins have been removed from crypto market..

[Fredomago]

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.

cryptocurency opens opportunities for everyone to do business for profit, but not everyone has the same goal, there are those who really want to build up to develop and grow well in the future, and there are also people who only seek temporary profits so that after they benefit from it they leave without thinking about future developments and growth, then we as users must be careful in choosing altcoin which is increasingly being launched now and already very many useless altcoins have been removed from crypto market..

If circumstances permits us, removing useless / shit coins will clear this venue of investment but how it can be classified and who will decide what project to remove, many business opportunities has been open but like what you have said many scammers also find this venue for quick profits
and not really doing the right thing, they are only creating new coin for their own benefits.

New project needs to be sorted and filtered. If there's no certainty and if the project is just another copy of existence coin it should not be permitted to continue.

[boltz]

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.

[yulionoo]

cryptocurrency stands alone; there is no authority to regulate or control cryptocurrency. so that although now altcoins are appearing and most of them are rubbish we cannot delete them. let the market that will be selected later. when the coin has no trading volume the coin will eventually die and in the end the exchange will delete the coin from the list.

[xOdiumNostrumx]

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.

[Tipstar]

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.

Crypto is an open market and you can't just remove anything that you find useless until every people agree to that. And yes there are many exchanges that are happy to list any coins until they have a profit. So, it's all  upto us users not to jump into any random coin but do a research about the coin you are trying to invest in. When no one is using these useless coins, they'll themselves be removed from the market.

[Fappanu]

Yes this is just a waste, but exchanges immediately remove it when its volume is low or totally zero volume. The only thing we can't erase are those on the wallet like Myetherwallet, All we can do is pass it to the unknow ether address or let's do a disposal ether add and there we throw our waste token.

[X-ray]

Yes this is just a waste, but exchanges immediately remove it when its volume is low or totally zero volume. The only thing we can't erase are those on the wallet like Myetherwallet, All we can do is pass it to the unknow ether address or let's do a disposal ether add and there we throw our waste token.

The market already eliminate it by the volume and eliminating it even further is just a waste of time. We're in the open source community where people could do whatever they want especially creating their own coin whether it's intention is for money or just for experiemental matters.
Basically it's the same as telling people not to create viruses and publish it in the internet that's just simply imnpossible. there are some people that will just breakthrough such restriction and will do that very things anyway. the more they are restricted the more their will grow inside themselves. The best way is just to let it go.