Useless altcoins must remove from the whole crypto market

[Suharti12]

We do not need to delete Altcoin that is not useful or that is not performing as you said, because we will be hard to find altcoin like that, unless the altcoin is already dead. We leave it alone, if there is indeed such an altcoin, then in the long run the altcoin will not be of interest to the public and certainly Altcoin will not have value, if it were so without us removing Altcoin it will disappear by itself from the market.

[103deltafox]

There really isn't any need to remove useless altcoins from the market, as useless as it is, it will die a natural death on it's own so no need stressing that out. Also people introducing newbies to the crypto space should endeavour to give them adequate guide as it pertains crypto generally so the don't fall victim of the vices associated in the space.

[Wawa2013]

We can not decide to eliminate shitcoin circulating in the market, because indeed we can not. Over time shitcoin will disappear on its own because no one will be interested in buying it again, that's because its value on the trading market has plummeted and developers just leave it and even run away regardless of the project developing, because the developer has pocketed the money. The crypto world cannot be separated from all this, shitcoin is still in the market and we can only wait to make shitcoin die in the end. There are many reasons why there are many shitcoins in the crypto world. Maybe at first they were not shitcoin but due to the bearish market conditions shitcoin could not maintain itself, so they lost their balance and fell.
But that's how there will be new shitcoins for sure.

[dcomomal]

Agreed, but in my opinion there is no way to remove them completely, once a coin was added to coinmarketcap, it stays there, even with 0 trading volume stats, any coin will stay on CMC, until it would be a confirmed scam or coin death.

[miklesm]

Actually, more than 90% of all altcoins are "useless" as will not be used in everyday life in 5-10 years. At the moment, they are used by traders to make profit, but in the future these projects will just die and only the best will survive.

[nanaimogold]

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

I think what he wants is a system of sanity wherever the cryptocurrency market presents only a few working coins and maybe deletes all the existing shitcoins to tidy up the market but I don't think that will ever be possible. Op should rather with top 100 coins on the coinmarketcap or whatever number he prefers as the investment scope

[haipham3432]

I agree with your point of view but that is hard to do. First, who decides what coins should be removed and which are not. Secondly, if you filter all shitcoins, I think you have removed 4/5 coins from cryptocurrencies. How do you think about it?

[Pr0st0Pr0be1]

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.

Why remove useless coins?) Because they are in fact not and no they do not interfere. As for the shitcoins that are on the exchange they should not be removed as the market should not be monopolized. Every project and every coin should have a chance. And if you do not like such coins then just do not buy them. What is the problem?

[Ajaone]

The only platform that have such power to remove shit coins from the market is exchange and I think some of them always do this. Community of an exchange can also help in doing this by presurrizing the exchange to delete coins that seem shit to them.

[Palider]

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 cannot be removed from the market and only developers can do so. Exchange can also remove it from their market by delisting it. And I guess traders also know what shit coins and good coins are, so it's not a problem because nobody buys this shitcoin.

[Ken_terrance]

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.

On this the ball is in your court, as a crypto investor its your right to do better research, look for projects that are well funded and have better use cases, forget about erasing scam altcoins off the surface of crypto space because its not going to happen, in time they will die on their own

[NeironixNV]

I agree, for good exchanges need to delete the dead and coins created for hype, but for speculation you can leave a couple, because with the help of junk coins, you can earn bitcoins by trading a garbage altcoin to a pair with bitcoin. I saw in the neironix analytics, it often happens to slip to the top in terms of rising prices per day, some kind of coin name.

[Greatchu]

Leave altcoins that are garbage alone, that's the best we can do, ignore them and focus on the good ones, slowly but surely the bad altcoins will all run out of volume and die painful death one by one

[salty]

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 completely agree with you.If many inactive altcoins are removed from the market, the market will become cleaner and better.

[Sexaphiliac]

It's actually not a crime for a project to use fundamental analysis to its advantage. What I really have a problem with are projects that have no active developments and use cases. They just exist as cryptocurrencies.  Such projects are the real shit tokens. They aren't utility tokens nor security/equity tokens and offer no real value to its holders.  

[Latines]

What do you mean useless? If they entered the market, then they are no longer useless. And if they did not enter the market, then we can assume that they are not. So a strange question.

[Snowwy]

I don't think there is a way that we can use to remove them from market. They will only be there just that their trading will continue to reduce. Don't forget that some invested in these shit coins and they also have the right to have them in the market even if they are worthless.

[the rise]

I don't think there is a way that we can use to remove them from market. They will only be there just that their trading will continue to reduce. Don't forget that some invested in these shit coins and they also have the right to have them in the market even if they are worthless.

the impact of a decentralized system and everyone can easily make it, ending with not being destroyed 100%, delisting coins from many markets does not prevent them from continuing to exist at any time on DEX. This temporary solution is still limited to website reviews or based on individual understanding, even a complete review of CMC as a competent coin reference is not enough to make other circulation of "indie coins" continue to grow.

[LargoCoin Foundation]

You can't just "remove" bad altcoins. If you want to make a difference -- educate people to not fall for any of those scams. When there will be no demand for scam it will naturally die as a whole thing. When people start using their head they will not lose money to shitty projects and the natural selection will kill the bad ones.

[robelneo]

They've been removed or they are in the process of removal, exchanges don't want a useless and no volume coin in their platform, Coinmarketcap and Coingecko take them out of they failed to deliver the required volume, so even if you don't ask it, the market will take action to remove these bad coins in the market, we all want progressive coin in the market, investors are more discerning now more than ever.