New coins are 👎👎👎

[LbtalkL]

Good decision, Yeah, those two coins are really good they have already established trust and reputation to the crypto community. Both coins are legal in some countries already. Speaking of new coins, most likely new coins now functions as a utility token of a project. Some good and unique projects and they connect it to the blockchain. Well, for me it helps the crypto adoption. I am not really a fan of those coins that the only function is masternode or staking with no real use cases.

[tycsols]

Please stay positive and have a broader view of things you cannot just declare all new coins as scams because new good projects and coins are also coming up it is your responsibility to check each project and team thoroughly before investing or promoting it because it is your time and money.

[BitcoinTurk]

New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever

Generally, yes, you are right, unfortunately, all newly created projects and cryptocurrencies of these projects are garbage, but it should be noted that there are very rare projects that are really successful. It is really difficult to realize a new project especially in today's market conditions, but it is not impossible. While the world is in the midst of the economic crisis, Bitcoin alone gained a great command of the crypto markets, while it is quite difficult to see a truly successful project. Unfortunately, due to many scams and fraud projects that we have encountered aside from bad market conditions, unfortunately we have such a perception in our minds. I think it will take a long time to destroy this perception.

[HunterUnchained]

The unfortunate situation boils down to the fact that we have greedy project developers in this space whose immediate intentions are to make a quick buck in an unregulated industry and without the fear of getting caught. You find them coming out with all sorts of useless or at best, half baked projects without offering any solution or use cases. There are thousands of redundant project tokens in the market and it makes you really wonder if this was the main aim of satoshi. Until the industry is regulated, there with be no changes.

[Odebowa]

New are coin from new listed project that try to find Stan in the market. Though the principal aim is to makes profit. Since the objective of going into business is profit.
And in some cases we say because of Monopoly or oligopoly that  why new coin are introduce. Which is a market structure characterized by a few or single seller, selling a unique product in the market.

[tunapa]

The fact is if new coins are not created, the ones we have us enough to solve all the existing human problems . It's important to make the project work and stop looking for new projects that will die half way.

[SistaFista]

There are enough altcoins already in cryptocurrency, new use case is very doubtful.
At least they will need something new to make their coin valuable, new concept and different from other coins.
Otherwise, they will become the duplicate coin of existing coins.

[bgaf]

There are enough altcoins already in cryptocurrency, new use case is very doubtful.
At least they will need something new to make their coin valuable, new concept and different from other coins.
Otherwise, they will become the duplicate coin of existing coins.

We cant seen so much advance concept today. All of them are just copying whats other has done before and you are right existing coins got all the use case and those new one are editing it on a different version but same purpose. I think new coins will hard to persue investors because of this, and the chance of them getting succesful is not sure. How many platforms have been created every day and every week? The problem on cryptocurrency is they should have a patent record to prove that they are started the concept and no one else should do the same when its already been out. Of course branding will be included otherwise there are lots of plagiriazed reasons for newer which I already seen these past few years.

What do you think if these new coins are restricted from being out? I imagined that market will somehow be stable and more have trust from the community.

[coronga]

yes, most of the new coins are bad and don't bring anything new or good, just some copy/paste from another coin, it's rare to see good new coins

[bluebit25]

yes, most of the new coins are bad and don't bring anything new or good, just some copy/paste from another coin, it's rare to see good new coins

Agree, new projects are now just a duplicate. I don't see any new project that really has a unique idea and can solve many of the problems we need. They are only made to pump and dump

[X-ray]

yes, most of the new coins are bad and don't bring anything new or good, just some copy/paste from another coin, it's rare to see good new coins

The new implementation needs a lot of effort consider about that must use a new protocol or mechanism to build a new platform with unique usecase. The majority of new projects can't do this caused by they have no enough idea or resources but i think the knowledge and experience are much more important.

[michellee]

Deny or not, the new coin will always release because people want to introduce the new system from the old system. Maybe some of them want to make money from cryptocurrency so they launch their project, and say to the public that their project can answer all the needs of people. We must be careful to buy or participate in the new project because many of the projects will try to scam us and only wants our money.

[$anounimus$]

This called study developed by investors to be better more developed with the hope of the birth of strong coins / tokens, as well but basically all coins / tokens mostly follow strong coins like BTC. If BTC Green other follow it. You can see it a few days ago.

[InwardContour]

New use case my foot!

While we are all hoping for a new kind of Bitcoin that will beat the old Bitcoin many have lost a lot but in the end I begin asking myself why I want new coins by the way, the old coins can do everything we ever hoped for and infact these old coins does things better than 99% of new coins nowadays, whatever the case may be I'm sticking with Bitcoin and maybe ethereum forever

You are giving new coins thumbs down, yet you promote Relictum, somehow. However, you made your point ; most new projects do not offer anything new, more like adding to the number of already existing projects but with no amelioration or revamping. Looking at it from another point of view, we need new projects but with new project aims or an advancement of those already in existence. For instance, after BTC if ETH didn't launch, we won't be talking about smart contracts today. I understand that BTC can serve in place of most new coins, notwithstanding their use cases. Example we can use BTC for online shops, but some new projects take that as their use case which is cool if you ask me. Reason being that some people take BTC as store of value, since the network becomes congested at times and transactions become slow. Hence there is need for new coins, new use cases, new blockchain architectures etc.

[meldrio1]

well i'm not hoping that there is a coin that can beat bitcoin because bitcoin is unbeatable. If you lost trust of the new coins then you better stick the old coins.

[Zeke_23]

Yes, Almost 99% of new coins that was launched in the market is useless. Better to stick with old coins than new ones.
The goal of those new coins is always to become a better coin or even following the steps of bitcoin but this is just pure nonsense. Old coins are still the one who truly shows us how promising they are unlike coins today that they were more focused on making a profit than developing the project.

[brotherwood12]

feel same too , most of some new coin just reused idea of the old one , they just putting some "flavor" and hoping people buying it . after it was launced , it just active just for 5month-1 year only

[Festac]

Investing in new coins are unsafe, many starts very promising and in the next few months they stop development and price starts dumping, investors will be the one losing out on the end

[popeye95]

They are rooting for a new coin because they are already too late to get hold some of what currently top coins and miss a chance to be rich lol. They ain't looking for things that old coin don't have, they just want to be rich. This is why sometimes, you see people shill a new coin to the point like a fanatic.

[AitorMarcos]

They are rooting for a new coin because they are already too late to get hold some of what currently top coins and miss a chance to be rich lol. They ain't looking for things that old coin don't have, they just want to be rich. This is why sometimes, you see people shill a new coin to the point like a fanatic.

People do understand that 10 years earlier when bitcoin became a thing - there occured more other coins. Most of them haven't make it to this day, so some people lost their funds.
But there are people who invested in bitcoin particularly early enough to make enormous amount of profit.
Everyone wants to be the one who invested in bitcoin, not dead coin obviously.
And part of this process - to promote coins you've invested in to simply boost the coin's value