What do you think of altcoins? Don't you think who has too much for nothing?

[coboguard]

Today, the market is not the same as before

Don't you think ERCs are useless, most new cryptos are only based on ERC , but after that ?, It depends on the Ethereum network.
Ethereum is really a very interesting new technology for the future, but not the ERC, except the stablecoins exception which is really good when the market is suffering.

Monero, Zcash well there are also others but for me Monero is more about confidentiality than Zcash. Monero is the new crypto for traffic is also to break the tracing between an exchange BTC, XMR, BTC, XMR, BTC.

News of the day XD cryptos to save the planet lol it's stupid because we need mining.

XRP, Stellar: fast coins for those who need money urgently but really but other than that? we can't even do mining, Ripple is blocking your 20XRP account, is the price doesn't even talk about it it's too high it's not even worth 0.001 cents .

Do not even tell me about the forks that copy Bitcoin like Bitcoin Cash, BitcoinSV, Bitcoin Gold is sorry for others horrible .

It's just that today a lot of projects are used for not much, it's more the same world, everyone wants to create their own crypto but after not crying because it's a lot of wind blowing.

Also some fork and altoins which are also better in the future like bitcoin but will not exceed the top 1.

Ethereum, Monero, Litecoin, Dogecoin, Chainlink, Tezos, Cardano, Neo, DigiByte, Zcash, Cosmos.

What do you think of the beginning of altcoins, fork we were all on the charm with a wow a new crypto which appears , but now we lose the pleasure of discovering the new cryptos because the market is flooded .

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[batang_bitcoin]

We're used to it and we don't want to have more of it. The ones that are existing in the crypto market shall be enough for us to make our choices even better. There are investors that don't actually like bitcoin for some reason like they always reason out that it's 'slow'.
Minding them that it's due to network traffic and it's improving time after time due to Segwit but they don't mind about it. The new altcoins shall be the cbdc's.

[so98nn]

The market will never stop because someone at some corner of the world is thinking about creating a new coin everyday. This could be out of greed to make money in short period or could be far greater use of ERC standards.

However in both the cases we the user comes under attack and at high risk of loosing money. They are not completely useless though! Good for intraday trading or short term gains. Also if you just think about ETH and BTC then that is all you want and you could simply ignore the rest of the market.

Its not gonna stop today neither tomorrow and so on.

[bigcash2011]

Today, the market is not the same as before

Don't you think ERCs are useless, most new cryptos are only based on ERC , but after that ?, It depends on the Ethereum network.
Ethereum is really a very interesting new technology for the future, but not the ERC, except the stablecoins exception which is really good when the market is suffering.

Monero, Zcash well there are also others but for me Monero is more about confidentiality than Zcash. Monero is the new crypto for traffic is also to break the tracing between an exchange BTC, XMR, BTC, XMR, BTC.

News of the day XD cryptos to save the planet lol it's stupid because we need mining.

XRP, Stellar: fast coins for those who need money urgently but really but other than that? we can't even do mining, Ripple is blocking your 20XRP account, is the price doesn't even talk about it it's too high it's not even worth 0.001 cents .

Do not even tell me about the forks that copy Bitcoin like Bitcoin Cash, BitcoinSV, Bitcoin Gold is sorry for others horrible .

It's just that today a lot of projects are used for not much, it's more the same world, everyone wants to create their own crypto but after not crying because it's a lot of wind blowing.

Also some fork and altoins which are also better in the future like bitcoin but will not exceed the top 1.

Ethereum, Monero, Litecoin, Dogecoin, Chainlink, Tezos, Cardano, Neo, DigiByte, Zcash, Cosmos.

What do you think of the beginning of altcoins, fork we were all on the charm with a wow a new crypto which appears , but now we lose the pleasure of discovering the new cryptos because the market is flooded .

If you feel bad about altcoins or tokens then you can stay away from them and stick with bitcoin or ethereum only if you are a conservative investor or trader because we all know alts can be very risky and they can potentially make or break you. So the point is simple, no one is forcing you to buy any coin or token and if you think all coins are useless you should stay only in useful one's according to you.

[lousie9]

any new coins generated from the ERC20 Platform will not be possible to replace the Original Coins namely Ethereum itself. although in the case of real use most of the new coins are generated from platforms owned by ethereum and the worst is to become junk or useless coins on the market.
Thousands of coins already exist in this market and not all of them are worth investing, I personally don't have a high risk investment appetite, so I think it's enough to invest only in real coins that are already on the top list on the market. , especially BTC & ETH.

[justdimin]

any new coins generated from the ERC20 Platform will not be possible to replace the Original Coins namely Ethereum itself. although in the case of real use most of the new coins are generated from platforms owned by ethereum and the worst is to become junk or useless coins on the market.

I hope that you are aware on the fact of why we have smart contracts/dapps; it helps you to have your own blockchain based coins but without having any actual blockchain hence no hassles on mining algorithm/security of wallets/precautions against 51% attack etc. You can get all the benefits of owning your own like environment but without actually doing. This is the reason we do call those ERC20 things as tokens (and not coins) and I am sure a highly preforming project's token on ethereum blockchain itself may beat etehreum in terms of USD value. It is possible .

Thousands of coins already exist in this market and not all of them are worth investing, I personally don't have a high risk investment appetite, so I think it's enough to invest only in real coins that are already on the top list on the market. , especially BTC & ETH.

If you choose ETH just because it is on top place then you must be purely wrong with your investment decisions. I am not sure when people like you start realizing about the manipulations of marketcap things.

What do you think of the beginning of altcoins, fork we were all on the charm with a wow a new crypto which appears , but now we lose the pleasure of discovering the new cryptos because the market is flooded .

I agree most altcoins/tokens are failing due to lack of support/investors which must be triggered by uncountable altcoins. When we have 1000s of options for slowly growing crypto adoptions, the money get scattered across many altcoins which impacts on good and reasonable altcoins in value wise. You can see many good coins/tokens ate getting delisted just because of low to zero volume on exchanges.

[siddartha1492]

I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.

[BitcoinTurk]

Since today's market conditions are very bad, many projects cannot be realized by preparing their own infrastructure.  For this reason, many projects start operating on the Ethereum network first and then prefer to create their own network.  Although there are a lot of projects today, it is possible to say that some successful projects have made progress in this way and that they first gathered the investor mass in the Ethereum network.  I would also like to say that most projects will be implemented in this way for a long time.

[jrrsparkles]

There is no barrier here to stop the people from creating their new coins or create their token on existing blockchain so they come up with new ideas everyday but we don't have investors to invest on every projects that is why there is no more legit project here.Only scammers stick around to make some more money.

[Coyster]

There is no barrier here to stop the people from creating their new coins or create their token on existing blockchain so they come up with new ideas everyday but we don't have investors to invest on every projects that is why there is no more legit project here.

People create or come up with new coins, but not new ideas, there is a lucid unalikeness between creating a new coin and creating a new coin with a new idea, or a new use case. People just reincarnate old use cases that haven't worked before into new coins to scam investors or just to produce coins that is useless to the network.

I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.

This coins can give profits in the short period, if you sell when they are pumped, but they haven't helped in crypto adoption, Ethereum imo remains the only alt to have helped promote cryptocurrency adoption.

[10BTCaDay]

I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.

the problem is that these projects do not know what problems they may have in the future. Despite the fact that these projects have existed for a long time, a large number of people have not used these coins yet. we have already seen how to suffer the Ethereum blockchain  when a large number of people enter the market

[Ifemini]

I think it is wrong if we disregard tokens in crypto currency
Be it neo or erc71 or erc20 or altcoins forks, you cannot disregard or underrate any.

Why? The crypto currency space is wide and Clear with different opportunities to take profit.
So instead of holding to much, hodl valuables

[ned.ryerson]

I think it is wrong if we disregard tokens in crypto currency
Be it neo or erc71 or erc20 or altcoins forks, you cannot disregard or underrate any.

Why? The crypto currency space is wide and Clear with different opportunities to take profit.
So instead of holding to much, hodl valuables

Forks are simply unnecessary garbage that does not deserve any investment in these projects. Forks exist only to improve the technical side of an existing project.

[kawetsriyanto]

Well, so far, the most used platform to create a new token is the Ethereum platform with its most popular one is the ERC20. They choose this platform mostly is because this is the most popular used platform with high community, easy ways, and also affordable fee transactions. Well. for me, actually the token must be different from ETH. Some of them are really worthless, they do not have any future because they only focus on the current project development, only focus on how to gain the money and get many investors. However, some of them may have a future. But they must be a token utility, a real use case in the real world, with significant project development, clear partnership, and also gaining with the popular parties in the real world.

[arjuna BTC]

I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.

yes, ethereum network is the first network in the beginning from a lot of great project before the project run on its own chain
for example BNB
thats mean eth network is the first choice right ?

[marks1976]

I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.

the problem is that these projects do not know what problems they may have in the future. Despite the fact that these projects have existed for a long time, a large number of people have not used these coins yet. we have already seen how to suffer the Ethereum blockchain  when a large number of people enter the market

They know that but they can't implement the best solution to fix it. In my opinion, 1 problem was being solved by so many projects and this created a very strict competition that the winner will be winning the game and the losers will be dead.

[jajorforce]

I think ERC 20 have good usage. Surely not all, but some like MANA, Enjin, KNC, BNB etc. have given good profits and at the same time helped in crypto adoption.

yes, ethereum network is the first network in the beginning from a lot of great project before the project run on its own chain
for example BNB
thats mean eth network is the first choice right ?

Enjin especially has a good future. In cryptocurrency only own coins can take good steps, when sometimes ERC-20 tokens are doing good. For privacy in new coins, investors want to invest in new coins not for using purposes.

[el kaka22]

Simply the altcoin industry is killing itself. The lack of regulation even in a decentralized manner let it grows rapidly which allowed more room for scammers and shitcoins and obviously that it backfiring it. ICO and its related scams for one of visible witness for this.

If we, the forum member's united and provided some guidelines or step of rules what should be followed and what should be avoided then there would have been some chances for having less scams out of less number of altcoins/tokens (less in the sense comparatively what we have today due to no regulation).

Unlike most people do hate regulation, there are big possibilities for regulated environment through consensus to make sure about no breaching of decentralization. That may help good and reasonable projects to have their ICO among this community and scammers to be stopped on the beginning itself. This is how stocks and its related initial offering is working and we do not have a governing body here hence an initiative by high level people may do the same job.

When we filter out non-potential coins then investors could enjoy good ROI which will obviously help good projects to grow and achieve their roadmaps.

[Charles-Tim]

Simply the altcoin industry is killing itself.

No, there is nothing like altcoin indutry, they are not one, they are made up of many blockchains that operately differently and distinctly. All you talk about are new projects. Altcoins are categorize into different types. For example, ether, ripple, litecoin, tether and few others are altcoin but they are strong in the market. But as for new projects, be it ICO, IEO or IAO, they are mostly unsuccessful projects that remain non-profitable for investors.

[Davian144]

Well, so far, the most used platform to create a new token is the Ethereum platform with its most popular one is the ERC20. They choose this platform mostly is because this is the most popular used platform with high community, easy ways, and also affordable fee transactions. Well. for me, actually the token must be different from ETH. Some of them are really worthless, they do not have any future because they only focus on the current project development, only focus on how to gain the money and get many investors. However, some of them may have a future. But they must be a token utility, a real use case in the real world, with significant project development, clear partnership, and also gaining with the popular parties in the real world.

That's right, buddy, in the last two years most new projects only use the ERC20 platform, but most of them don't develop projects in a better direction after they successfully attract investors through the fundraising methods used by the project team, so I think this is what should be tidy up by new project teams so they can compete with old projects that have been successful in all sectors, and in this case I am very supportive of what you say.