LostConfidence243 (OP)
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December 06, 2019, 01:23:02 PM Merited by SanZoldyck (1) |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
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asriloni
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December 06, 2019, 01:27:23 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future.
That's true and almost 90% of the altcoins in the CMC were crap coin or I can say the percentage should be more than it. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future?
The only point to choose the coin that will have bright future must be based on the product that already created by the platform itself. Remember about so many crap products that can't even generate revenue. This is just a basic analyzation. The real purpose of the product is to get the revenue from sell it to the users and the company can sustain even longer and give benefits to the investors. If you are seeing other than this point and never try to choose that coin. Only use case is the main thing or you will add other? Thanks
The use case that related to the utility usage and it's not about the ability for token to be like a security coin that makes you able to receive dividend.
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masterrex
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December 06, 2019, 02:43:05 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
I think it much higher than that! The 30-35 altcoins was too low since altcoins are the dominate number of coins in the market, out of the thousands altcoins that exist maybe 200-300 altcoins that has a true use case, including the real world application. I think the rest are just pump and dump project, or mostly copycats from other existing projects.like payments, smart contracts etc. there are bunch of copycats altcoins in the market today.
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DaMut
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December 06, 2019, 02:52:59 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
the majority will be dead for sure, before choosing the coin. you need to figure out what is the issue that they are trying to solve and their competitors, afterward find out their development. a use case is a basic thing and the most important one that every project must have if they want to survive in the competition, without a use case they will not be able to address the problem that they want to solve and absolutely they will not have a future.
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Rodeo02
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December 06, 2019, 03:00:22 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
possible that it will true because there are no real use most of the altcoin. If you invested in altcoin you should know what currency do you think will be usable someday and can make more people adopt that currency. If there are no use and only for trading in long term the value of each altcoin will decrease since the adoption of that coin is also decrease.
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J0HN3F1V3
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December 06, 2019, 03:11:13 PM |
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I think if any coin/ token is going to be successful they are going to need a good use case and then get a lot of users for their project or else they will most likely fail, which we see happening with a lot of projects right now
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zhekinsp
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December 06, 2019, 03:14:54 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
Actually we don't need thousands of cryptos even if all the people uses cryptos as their primary payment source so the remaining coins will lose its value sooner if the adoption increases but which one stays will be too hard to find other than the coins which are older like bitcoin.So far bitcoin,ethereum,monero will stay here if cryptos accepted by people.
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akirasendo17
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December 06, 2019, 03:20:34 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
There is no telling when a certain coin will go up, even news wont pump a coin up, there are some who pump their own coin buy buying it, and giving false alarm to others but, i think the only legit thing for a coin to pump is to get a investor with a good background and has really a project that will push the coin up and bring it all together to produce something that is useful and accepted by the community and as we know government are starting to do the same way starting to be at crypto industry to gain profit and control to the public
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Palider
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December 06, 2019, 03:24:15 PM |
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Many coins in the market are already controlled by whales, and their manipulation of them will not be immediately known to investors. And this is one of the things we should look at and study carefully aside from to use cases of altcoins. We should also look at the developments in coins that we think will have an impact on future prices.
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samcrypto
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December 06, 2019, 03:38:08 PM |
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Quality over quantity and I do agree that not all altcoins are good, they will die when the most useful altcoins takes over the market. Give at least a 100 altcoins who can help us to transact conveniently and give opportunity to earn. Altcoins season will still come, but if its a shitcoin then they are not belong in this market in long term, play short with them because they will gone later on.
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ganeshramk
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December 06, 2019, 03:40:13 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
I think its time to clean-up coinmarketcap. There are lots of non active coins which just fills the list without any purpose. I hope that happens soon.
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Bitbtc8
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December 06, 2019, 03:45:52 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
If you want to choose altcoins that might end up having good future go with their real use cases, many new altcoins are listed on CMC Today and many of them have ridiculous prices and low trading volume, i know some will grow over time but make sure the project's use case will be high demanding
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Mealea
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December 06, 2019, 03:47:51 PM |
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30 - 35 altcoins may be too small. I think we have more altcoins than that which is useful to the community and valuable to blockchain. If you want to choose a coin now, I suggest you choose a coin that has got potential partners.
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jessyj48
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December 06, 2019, 03:51:20 PM |
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+ Good partnerships + Real Use Cases + Working Products
These are what makes a coin worth having in your portfolios, there is no guarantee that all altcoins with real use cases will survive because some might fail but they are better than investing in altcoins that has nothing good to offer especially deflationary tokens
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ven7net
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December 06, 2019, 03:53:35 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
I believe that such a thing is worth noting here. For the crypto industry to develop and you and I could see working projects and successful cryptocurrencies, you need to develop these projects and new cryptocurrencies. And already from them the strongest and necessary will remain. Once I watched one video and there one of the leaders from Wall Street said that they are closely watching the cribbing of various crypto projects and cryptocurrencies and if they see something interesting, they will simply buy this project or cryptocurrency. So we get that a lot of startups come out and, as a result, there will be those that will be noticed by major players in the market.
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ronaldo40
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December 06, 2019, 03:56:45 PM |
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There are thousands of altcoins listed on CMC. We had a little bit conversation between my friends. He was saying, only 30-35 altcoins can be useable in blockchain industry in future. Rest of them will be dying for sure. What do you think? What are the points to choose of a coin that might have a bright future? Only use case is the main thing or you will add other? Thanks
i think it depends on how is the purpose of the coins/token and i prefer with the coins that don't have a premine coin
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joseyphil82
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December 06, 2019, 04:02:55 PM |
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Yes many altcoins will make a come back with vengeance in near future but be careful which coins you keep, some are good for short term hold and only few altcoins with highly recognized use cases are going to nailed it
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Genemind
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December 06, 2019, 04:03:50 PM |
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I think it's the right time for CMC to remove dead coins on their list. It's true that there are only a few numbers of legit and potential altcoins that could grow and survive in time. Coins which could survive are multi-functional and coins with a good purpose. It might be just 30-35 but there are possibly lesser than half the listed coins in the CMC which I think would reach a good price in the future.
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ralle14
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December 06, 2019, 04:40:34 PM |
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I think it's the right time for CMC to remove dead coins on their list. It's true that there are only a few numbers of legit and potential altcoins that could grow and survive in time. Coins which could survive are multi-functional and coins with a good purpose. It might be just 30-35 but there are possibly lesser than half the listed coins in the CMC which I think would reach a good price in the future.
With the amount of altcoins being listed every day or week i'd be surprised if most altcoins would be removed since they have specific rules. Currently, Coinmarketcap nearly have 5000 cryptocurrencies listed saying half of them would show some growth in the future sounds too generous. If all half of them does improve only because there was another similar bull run I doubt most people who've invested would use them for their main purpose.
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lousie9
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December 06, 2019, 04:55:59 PM |
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in fact no one will know the amount of altcoin that will last for the future. You can see there are thousands of useless altcoins or almost all of them are junk coins. but I think the top altcoin that is able to survive in this industry is altcoin which is widely used for investment. and the possibility of them still having hope to continue to live in the future.
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