Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: KobbyC on August 03, 2018, 10:41:38 AM
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There have been a lot of altcoins this year and more are even trooping in. A lot of individuals are complaining about the numerous coins and they believe is because of the many ICOs that is why the prices are not good. Do you side with this claim?
Do you think when altcoins are limited to a certain number it will help the prices of already existing coins? What are your reasons if yes or no?
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I am not really sure with the perception that states the price fall in market because of too many ICOs. The point is many scam ICO Projects that brings negative impact to the coin prices. And talking about when limited number of altcoins, the price will be good. Yes, it can be, but not guarantee 100% to have a high price.
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limiting it won't increase the price.
the main reason why those coins/projects price did not increase due to diversify.
there are a tons of it already and some of them were very undervalued compared to others,even though there're no more new project in the future.
people still can not push the price up,because we lack an investor at this moment.
its demand are not that high if we are comparing it with our total existing projects/coins.
what we need right now,is a fresh investor with a quality mindset.
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I agree that there are too many. But the market will decide which will exist and which will disappear.
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Yes it could be with the limited altcoin the price of crypto will increase as people will focus on some altcoin to invest. if too much altcoin then just make the number of coins that die or flash pump makes the price unstable.
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Limit the appearance of new altcoins is not worth it. Altcoins, and especially tokens, should continue to freely appear and freely develop. Only so we can achieve good quality of the crypto currency in the future. In addition, a significant part of the altcoins is made up of tokens, which are used in the narrow spheres of our life, do not conflict with anyone and do not interfere with anyone. The more tokens will appear, the better and more comfortable our life will be. Everyone does not need to know every crypto currency and its characteristics.
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indeed, I think that is also influential, but I don't think that is entirely true, because I think the current price decline is indeed a trend, and like an annual price decline.
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I think if there are only a few altcoins it will help in crypto prices. the volume will be centered on quality altcoins and trading will be attractive if coins or tokens that have good technology are on the market.
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I am not really sure with the perception that states the price fall in market because of too many ICOs. The point is many scam ICO Projects that brings negative impact to the coin prices. And talking about when limited number of altcoins, the price will be good. Yes, it can be, but not guarantee 100% to have a high price.
I agree mate, I also not sure about that. I think Too many altcoins are good thing. We have many chance.
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I am not really sure with the perception that states the price fall in market because of too many ICOs. The point is many scam ICO Projects that brings negative impact to the coin prices. And talking about when limited number of altcoins, the price will be good. Yes, it can be, but not guarantee 100% to have a high price.
Can someone help us to understand how scam ICO's will be stopped? Is it really possible to eradicate scam ICO's from the system?
How?
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Maybe yes, but maybe no because having large number of coins can not easily dump compare with the small supply of it.