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Author Topic: Too many Cryptocurrency in Existence What are the Benefits!  (Read 17429 times)

Offline masterrex

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As we notice that. If there is an ICO ,IEO,STO etc. we can expect that another coin or token will be created and ofcourse it will be added to the long list of coins/tokens on the crypto market for liquidity. Because of this too many cryptocurrency in existence the market is already saturated and leaving other coins/tokens idle.

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #1 on: July 05, 2019, 11:48:01 AM »
It is called evolution. Only the strongest survive!
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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #2 on: July 05, 2019, 12:09:45 PM »
I think having seen too many cryptocurrency in existence we also help many people to have different kind of cryptocurrency in their possession is as good as holding different currencies in your bank account but before then you have to check out for valuable cryptocurrency so that you will not end up holding dead coins in your possession thinking that you have invested in cryptocurrency.
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Offline Knaw

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #3 on: July 05, 2019, 02:15:21 PM »
if we see the development of krypto prices also increasing, for me it will also be easier to improve k
many advantages in the future, because seeing the development of krypto prices is now also growing.
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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #4 on: July 05, 2019, 02:26:04 PM »
if I think it is also very useful to see the development of krypto every day developing well, because I also believe the price of krypto this year is also increasing, so for me it will also be brighter in the future

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #5 on: July 05, 2019, 02:29:04 PM »
Every investor would want to feel a new atmosphere, because a lot of old ones left behind just die. They hope that the new ones will benefit

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #6 on: July 05, 2019, 04:50:14 PM »
As we notice that. If there is an ICO ,IEO,STO etc. we can expect that another coin or token will be created and ofcourse it will be added to the long list of coins/tokens on the crypto market for liquidity. Because of this too many cryptocurrency in existence the market is already saturated and leaving other coins/tokens idle.

There are lots of coins and tokens but having almost the same product, we can see the difference between coins like ETH, Tron, XLM, and EOS.
Of these coins, of course, you can see the differences and similarities of the three, I will try my luck by buying Tron because Dapp developers can start their projects on the Tron network, and other project developers can also choose to start their projects on Ethereum network.
the speed of transactions, ideas, products and the price of coins/tokens will affect everyone in choosing an investment, everyone will think long term. Not only for the next 2 to 5 years.

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #6 on: July 05, 2019, 04:50:14 PM »


Offline Pegasus

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #7 on: July 05, 2019, 05:10:11 PM »
It is called evolution. Only the strongest survive!
I love this idea. There's a fact that there're many coins with the same usage on the market. When people are not hyped anymore, bad coins will be left abandoned and only some best coins survive. Clearly market is not mature yet and it needs some time to purify itself.

Offline Alcor

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #8 on: July 05, 2019, 06:35:39 PM »
The emergence of new coins and tokens on the market is a normal process of improving cryptocurrency. Despite the fact that a significant part of the new Altcoins are useless, a small part will still be promising, with new ideas and new functionality. This is enough for the cryptocurrency to develop.

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #9 on: July 05, 2019, 07:03:34 PM »
The more cryptocurrency, the more opportunities we will benefit, provided we can choose exactly which crypto coins are good and have high potential.  Therefore, Cryptocurrency projects must work hard to make their coins have benefits to the community.  If not, they will not have supporters and eventually the market.

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #10 on: July 06, 2019, 05:48:17 AM »
The more cryptocurrency, the more opportunities to trade and seek profits and avoid losses in various markets.
But of the many altcoins circulating, one of the altcoins will become Dead Coins and that's a lot because I often see it in various forums.

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #11 on: July 06, 2019, 06:04:23 AM »
Have you thought of this as having too many cryptocurrencies to be a platform for competition which allows developers to be more creative with new or better ideas.

If you are a copy cat you won't survive this ecosystem

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #12 on: July 06, 2019, 06:30:13 AM »
As we notice that. If there is an ICO ,IEO,STO etc. we can expect that another coin or token will be created and ofcourse it will be added to the long list of coins/tokens on the crypto market for liquidity. Because of this too many cryptocurrency in existence the market is already saturated and leaving other coins/tokens idle.
Yes we have knew that there are many alternatives coins around the world, in my own personal opinions that's good for cryptocurrencies space because cryptocurrencies has been addopted by mass. Although there are many failed alternatives coins, but does not mean the cryptocurrencies is bad and we can not blame the cryptocurrencies it depends on the developer of team which buid the cryptocurrencies and the purpose of cryptocurrencies which are built. So as community of cryptocurrencies we must do analysis fundamental about the cryptocurrencies before we make investment in them.

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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #13 on: July 06, 2019, 11:37:55 PM »
Since the hype era of cryptocurrency in 2017, the new projects offering new cryptos were developing so highly. ALmost every day a new project is coming. This may be great because it means that the crypto world is really developing and very popular. However, it also has negative sides whether lower investors. That is why we must be more careful in selecting the new coins to invest or participate.
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Re: Too many Cryptocurrency in Existence What are the Benefits!
« Reply #14 on: July 07, 2019, 07:08:18 AM »
As we notice that. If there is an ICO ,IEO,STO etc. we can expect that another coin or token will be created and ofcourse it will be added to the long list of coins/tokens on the crypto market for liquidity. Because of this too many cryptocurrency in existence the market is already saturated and leaving other coins/tokens idle.
Yes we have knew that there are many alternatives coins around the world, in my own personal opinions that's good for cryptocurrencies space because cryptocurrencies has been addopted by mass. Although there are many failed alternatives coins, but does not mean the cryptocurrencies is bad and we can not blame the cryptocurrencies it depends on the developer of team which buid the cryptocurrencies and the purpose of cryptocurrencies which are built. So as community of cryptocurrencies we must do analysis fundamental about the cryptocurrencies before we make investment in them.
requires special skills for trading, the first yau have flight hours or experience, the second  ability to read the  market, the third has strong principles and beliefs, no doubt in making decisions, the fourth dare to take risks, abd the last patience not greedy.

 

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