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Author Topic: Is it possible that many coins/tokens may disappear?  (Read 8483 times)

Offline Noverteno

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Re: Is it possible that many coins/tokens may disappear?
« Reply #15 on: July 12, 2020, 09:16:59 PM »
In the two years that have passed since this topic was written, indeed many coins and tokens have left the market and, most likely, forever. However, in their place came new ones and the total number of cryptocurrencies even increased to three thousand. Well, this is quite normal for a decentralized cryptocurrency that anyone can create. However, cryptocurrency as a whole is growing and developing.

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Re: Is it possible that many coins/tokens may disappear?
« Reply #15 on: July 12, 2020, 09:16:59 PM »

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Offline Quart

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Re: Is it possible that many coins/tokens may disappear?
« Reply #16 on: July 12, 2020, 11:23:34 PM »
there are several coins or tokens that are already disapear. they re the dead coins. however it may for those that have no volume on the market. but for the top coins on coin market cap, it may be difficult to disappear. well, they are not shitcoins actually

Offline I-Bit

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Re: Is it possible that many coins/tokens may disappear?
« Reply #17 on: July 12, 2020, 11:38:12 PM »
It is not impossible that many coins/tokens disappear because of less of interest from investors. This happened in many altcoins, and I already saw many cases in some exchanges. Those coins/token will be delisted if too low transactions of buy-sell from investors. Then gradually they can be dead coins.

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Re: Is it possible that many coins/tokens may disappear?
« Reply #18 on: July 13, 2020, 05:02:27 AM »
Crypto traders continue to explore new areas of business and create a place for their token in the vast world of digital currency. As a result, they appear in the crypto market with various plans and ideas. Competition runs across the market. Again there are some CEOs who go down everything after achieving the objective. This ends some projects. Again, some projects continue at their own pace due to investors. So I also think that many tokens of coin market cap will be lost in the coming days.

Offline tinakoya

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Re: Is it possible that many coins/tokens may disappear?
« Reply #19 on: July 13, 2020, 05:10:23 AM »
It would have been great if coins can just disappear so we don't have to see all the dead coins on cmc but yeah a lot of projects have died/failed so will many more but those coin will always be there to torture us and remind us of our failed investment

Offline Tnoy30

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Re: Is it possible that many coins/tokens may disappear?
« Reply #20 on: July 13, 2020, 05:50:35 AM »
Your idea is right. There are many coins in the coin market cap which have no investor. Those coins will not be in the future. Because there is no investor and #DevelopmentTeam . Many teams have not thought about the development of those projects after making them successful. No one knows what the future holds for those coins. So many experts are speculating that many tokens will be lost from the coin market cap. I have this idea too. I know coin has no value without investor. Because these coins can never be like bitcoin.

Offline tervel

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Re: Is it possible that many coins/tokens may disappear?
« Reply #21 on: July 13, 2020, 06:13:32 AM »
Altcoins are disappearing so rapidly that sites appeared in an attempt to track such tokens. There are around 1,900 dead projects on the “deadcoins” website. Some projects are ready to buy such tokens of disappearing projects to make the crypto space cleaner. Such projects include, for example, the “coinjanitor”.

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Re: Is it possible that many coins/tokens may disappear?
« Reply #21 on: July 13, 2020, 06:13:32 AM »


Offline Jaguar

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Re: Is it possible that many coins/tokens may disappear?
« Reply #22 on: July 13, 2020, 06:56:55 AM »
Yes it is possible. Shit coins must be separated to potential coins. In coinmarketcap there are many coins looks potential and ranking from top 1 to the the very last. Despite they are listed in coinmarketcap it doesn't mean attractive at all. Imagine there are coins not listed in coinmarketcap and in just awhile totally gone. That's the life of altcoins.

Offline Leonardo

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Re: Is it possible that many coins/tokens may disappear?
« Reply #23 on: July 13, 2020, 08:45:55 AM »
However, after following the market for quite some time, experts believe that a lot of these coins will die out very soon. What do you think?
I believe in this argument. Market will reject poor projects but a long with projects that are being rejected, a lot of new projects are being created everyday. As the result, total of currencies on Coinmarketcap keeps increasing. As the time of writing, it's 5712, approx four times higher than OP's number in 2018.

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Offline trauchot

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Re: Is it possible that many coins/tokens may disappear?
« Reply #24 on: July 13, 2020, 10:16:31 AM »
Many cryptocurrencies will of course gradually disappear due to various difficulties and problems, but new cryptocurrencies will constantly appear and will develop the cryptocurrency sphere, so there is no need to worry about this.
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Offline Alcor

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Re: Is it possible that many coins/tokens may disappear?
« Reply #25 on: September 25, 2020, 03:55:20 PM »
However, after following the market for quite some time, experts believe that a lot of these coins will die out very soon. What do you think?
I believe in this argument. Market will reject poor projects but a long with projects that are being rejected, a lot of new projects are being created everyday. As the result, total of currencies on Coinmarketcap keeps increasing. As the time of writing, it's 5712, approx four times higher than OP's number in 2018.
Every day, some cryptocurrencies come to the market, others disappear. However, in general, the number of cryptocurrencies is growing very quickly. Now the CoinMarketCap table shows 7179 types of cryptocurrencies. And two years ago, they wrote here about 1,500 cryptocurrencies. Therefore, the number of cryptocurrencies will continue to increase over time. States are widely adopting blockchain technology, so the cryptocurrency must continue to develop.

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Offline tervel

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Re: Is it possible that many coins/tokens may disappear?
« Reply #26 on: September 25, 2020, 04:54:29 PM »
Is possible to reduce their number, but the altcoins will never disappear completely especially the largest ones the top 10 of the list of coinmarketcap and those that have many peculiarities such as Smart Contracts.

Offline LifeOK

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Re: Is it possible that many coins/tokens may disappear?
« Reply #27 on: September 25, 2020, 05:12:43 PM »
Nothing is impossible in crypto space, there are many cryptocurrencies may disappear due to some difficulties and problems, corrupt team members usually lead this things, sometimes bad decision may lead coins fall down from its high time. However, cryptocurrencies idea is relatively new and we don't act so much.

Offline Michael.sol

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Re: Is it possible that many coins/tokens may disappear?
« Reply #28 on: September 25, 2020, 05:17:15 PM »
Obviously , their are some projects who run by spam perosn or by spammers . That's type of project perform well in begining but after some time they failed to mainten their price as well reputation in market.
We must carefully Invest while we are going to invest in ICO or IEO project .

Offline bubbalex

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Re: Is it possible that many coins/tokens may disappear?
« Reply #29 on: September 25, 2020, 05:35:40 PM »
Since Bitcoin (BTC) started the cryptocrrency start up in 2909, and the appearance of Ethereum (ETH) supported it, cryptocurrency started appearing almost on a daily basis. Most altcoins tried to improve on the previous coins, to explore new areas of business, and to try and create a place for themselves in the vast world of digital currency.

Since then, the total number of altcoins exceeded 1500, as per CoinMarketCap. With so many crypto around, it is really hard, if not impossible to find the one with the most potential. However, after following the market for quite some time, experts believe that a lot of these coins will die out very soon. What do you think? Thanks
There are much more than 1500 altcoins, CMC not lists every single coin and even on CMC a lot of tokens/coins which will die sooner or later. Crypto giving the possibility to create own coin for everyone, so a lot of people doing that without any experience and even more people doing that in order to scam others. A lot of projects already died/exit scam and even more will die/exit scam later on, but the market is huge and there is still a lot of space for many projects.

 

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