Time that there will be no new altcoin projects anymore

[isaac_clarke22]

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There were a lot of shitcoins that arrived anyway, not surprised that the stopping of altcoins would happen anytime soon, more like it is quite questionable why is the hype still arriving endlessly in some alts that aren't even worth the money. We started from ICO hypes then went to IEOs hype then suddenly now we got De-Fi. It's kind of insane how large the minds of businessmen are now these days.

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[cassavachips]

With the ease of creating new tokens using the ethereum platform and others, it is true that new projects start using the platform because if they create their own platform, it certainly requires a lot of time and money. They take advantage of this to get hype from crypto users and usually they will start migrating to their own platform when the time comes. But indeed there are many projects that only take advantage of the hype and get a lot of money from investors and eventually they become trash tokens. This is so sad.

[Genemind]

We can't control the huge number of scam project these days but I don't see that as a reason to stop new legit altcoin projects. Investors will always take the risks and most of them are smarter now because they know how to get rid of scam altcoins. The market is growing and continuously developing so there will surely be new altcoin projects that would exist in the future and it's still for us to be observant and skeptical in choosing a good project.

[toast]

not really sure when will that happen but it seems we are still in the era where there's still a lot of coin and a lot of projects that are using blockchain technology and the likes to their projects. i think when that happens we maybe move to another era not token but maybe other thing.

[Ozero]

Cryptocurrency, in fact, has just begun to develop. Earlier it seemed to us that new ICO projects had exhausted themselves, that there were fewer and fewer new ideas. However, DeFi projects suddenly appeared and the cryptocurrency market revived again. I think that there will be many more areas of application for tokens, and the number of altcoins will only increase over time.

[pixie85]

There are 2 things that might destroy the altcoin scene. The first one is the death of Bitcoin, the second is the rise of Bitcoin to the level of world reserve currency.

The first one would probably make people dump all crypto and move to something else but this outcome is almost impossible. The second one would show that bitcoin is already chosen as the widely used payment system and there's no need for any altcoins. I think this will also never happen and bitcoin will be more of a long term investment than a currency.

So chances are there will be a need for altcoins

[jacafbiz]

I don't think people's appetite to invest into new ICO/IEO is going to end, most of these tokens would die and new projects would replace them, just look at Binance and Tron for example every of the projects they are both involved in has tokens, it is a free money and people want to have share of the pie.

[suryapro]

I guess No, there will always be new projects coming up with new ICO/IEO, as long as bitcoin the mother of all altcoins is not dead, then there will always be new projects coming up.

[tracyhayley]

Cryptocurrency, in fact, has just begun to develop. Earlier it seemed to us that new ICO projects had exhausted themselves, that there were fewer and fewer new ideas. However, DeFi projects suddenly appeared and the cryptocurrency market revived again. I think that there will be many more areas of application for tokens, and the number of altcoins will only increase over time.

yeah, i think it's too early to say that "there will be no new altcoin projects anymore". we just come to a digital era and crypto world still in a development. in cryptocurrency, we can see some new improvement or creative ideas in crypto development and a new way to sold their token. one of them must be ended successfully then it goes hype. it always happens like that in every year. so i think the altcoins project won't end easily.

[jajorforce]

Since the creation of Ethereum and other smart contract-based and token creation platforms we have seen the number of newly launched projects token created, we now have thousands of dead tokens and coins but many are still create it seems many tokens just come and go.

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

Now we don't the future of new altcoins but of course some new altcoins will arrive next year. During bullrun market top promising campaign can huge funds rise. Another point is you never see that any coin directly takes a position from the top altcoins. Without bullrun, all of these altcoins slowly take lead from top altcoins. New altcoins couldn't develop in a short time.

[alisonwonder]

Cryptocurrency, in fact, has just begun to develop. Earlier it seemed to us that new ICO projects had exhausted themselves, that there were fewer and fewer new ideas. However, DeFi projects suddenly appeared and the cryptocurrency market revived again. I think that there will be many more areas of application for tokens, and the number of altcoins will only increase over time.

yeah, i think it's too early to say that "there will be no new altcoin projects anymore". we just come to a digital era and crypto world still in a development. in cryptocurrency, we can see some new improvement or creative ideas in crypto development and a new way to sold their token. one of them must be ended successfully then it goes hype. it always happens like that in every year. so i think the altcoins project won't end easily.

it is very ridiculous to hear that there are no new altcoins because basically everyone has a good idea to create a project so that from year to year there will definitely be new projects created so make good use of it and as much as possible to profit from new projects.

[bakasabo]

imo, if crypto coin was not accepted on major stores, it's worthless.

Binance coin (BNB) is not accepted in major stores. When you get binance card, you also dont use BNB as a direct payment in stores, instead you transfer funds from your trade account and they are converted by visa exchange rate to fiat currency. Again you basically pay with fiat, but load card with crypto. BNB is worthless then ?

So far I have seen that stores accept bitcoin only. Then all other thousands of altcoins are worthless. Right? I'm gonna disappoint all devs so bad right now 

[Mauser]

Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?

I don't really know about this one. The thing is that for most people cryptocurrencies is still Bitcoins. Most stores who accept cryptos trade in Bitcoins. So having new coins is not a bad thing I would say as long as bitcoin is #1 and more people keep using it. Creating other coins next to bitcoins could be beneficial in the internet world because bitcoins become more and more expensive. The only problem I see is that bad projects and scams can ruin the good standing of cryptos. People who get new into the crypto community and fall for a scam project could stop using cryptos all together.

[Google+]

imo, if crypto coin was not accepted on major stores, it's worthless.

Binance coin (BNB) is not accepted in major stores. When you get binance card, you also dont use BNB as a direct payment in stores, instead you transfer funds from your trade account and they are converted by visa exchange rate to fiat currency. Again you basically pay with fiat, but load card with crypto. BNB is worthless then ?

So far I have seen that stores accept bitcoin only. Then all other thousands of altcoins are worthless. Right? I'm gonna disappoint all devs so bad right now 

well I think it is very natural that BNB is still not accepted as payment at some local stores because it depends on the policies in several countries and the stores used for transactions, so in my opinion when BNB already has clear regulations about its use, then some shops will definitely accept payments using BNB because like some cases of bitcoin at that time it was still difficult to use in some places of sale.

[Reid]

No. As long as there is the thought of making money thru investing in new projects then it will be unstoppable.
That's the actual hype that is happening out there.
Being a millionaire in an instant.
They are still looking for the "bitcoin-like" event where a coin will just burst into having a high value in just a short span of time.
But, I doubt it will happen again with the divided money of investors in various projects.

[Adreman23]

if ever that there will be no new token created  or no new crypto projects comes the impact is adoption for crypto will stop. Newbies attract to enter into this crypto space because of new crypto projects. New project is like  a market machine, it serve as a tool to introduce crypto to non crypto people. For instance like me, before i did'nt know about bitcoin, never heard about it but because of one new altcoin, i came here and now im learning bitcoin and blockchain technologies. The problem is scammers abuse the technology thats why we have thousand of worthless, deadcoins today. Yes i guess one day it will happen that no more new projects comes, it will suddenly stop like a train that run out of gas.

[Lordrift]

They only make that because there are also many people want to invest and take the risk to earn money from the tokens they created.

And most of this tokens are used in the bounty sections here.
Making hunters liability to fraud.

[b1boy]

I dont see this happening anytime soon and i agree with you and the fact that there are plenty dead tokens out there and me myself have enough dead worthless tokens in my wallet ... but people always love in hyped projects and i dont think people would stop buying or investing in new projects and long as some people still believe the project is worth investing in then they would buying in projects

[smyslov]

The number of developers are growing and there are new niche created in the Cryptocurrency, I don't think it's going to end anytime soon, investors are still looking for new concept, new project and new way to make money, it's to risky now investing in a new project so always do diligent research don't fall on the hype.

[Kunnu]

The main fact is crypto industry is increasing day by day the numbers of people who are involving in crypto are increasing rapidly so on this basis I don't think the arrival of new projects will stop ever new altcoins will keep coming in some will survive, some will gone that's the nature is going to be of crypto industry according to my estimate.