So many cryptocurrencies !

[olivia]

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

[expander]

The number of new crypto shows that the crypto world is expanding. Crypto is increasingly known and its community is growing. This is good news because it makes the crypto value even higher in the future.

[Legends]

the number of new coins that appeared due to the many new ico that appeared as well. the good ico will produce good coins and have a high price on the market.

[daviost]

Yes i really agree with you. Hope the regulators can quickly make a regulation to control the population of ICO right now. cause a lot of ICO right now only selling vision & mission without delivering their product and some of them is scamming people too. Because of that, our crypto world become bleeding day by day. Hope they really  can make the regulation in this nearby time

[bagas79]

The world of cryptocurrency is rife with innovation which means the industry is in a constant state of evolution. Each of these crypto-assets represents a solution to a problem found by its creators. Even if a particular coin doesn’t stand the test of time, it will surely influence the direction of cryptocurrencies to come.

[Andruha1993]

The number of crypto exchanges is growing every month. And the number of cryptoactive assets is also growing, and quite quickly. Therefore, the world of crypto is becoming more and more popular. And it is very happy.

[LogiC]

Yeah but the regulatory board coming from the government wouldn't not be a good choice. WHY? there are probably some entity or members of them that will create a way to diminish and favor some crypto over the others. Self interest cannot be avoided and somehow it better to stay right the system until a good solution arrives. I know there are lot of new crypto in the market and some created to be a cash machine for newbies who are clueless about crypto. But people's mind evolving and becoming wiser to see which one is fraud over a real product. For now, we just need to wait, and watch from the bckground scene.

[napster]

It is good to have so many crypto currencies I believe. They are all focusing to solve a problem which was being bad-ass to the people, but I can be on the same page with you since too many shitcoins all around which never tries t osolve anything but scam.

[ipanks]

It is good to have so many crypto currencies I believe. They are all focusing to solve a problem which was being bad-ass to the people, but I can be on the same page with you since too many shitcoins all around which never tries t osolve anything but scam.

With so many cryptos, we can have a bigger opportunity to make a profit especially if we have a good coin. And yes, I see there is too many cryptocurrency and only some of them are bigger than the other. I think with the regulations from the government, they can control cryptocurrency so people will be safe to trade in that cryptocurrency. The governments need to give safety to the people so they don't have to worry about the bad thing that might happen.

[hsyncl]

Too many people are wasting more of their labor. Many of them are projects that are really meaningless.

[trofim21]

Today, there are 100 new crypto-conversions every week and even more, but 90% of these coins are just mashennikh because they do not provide anything, you need to work in the most promising projects and participate in them, for example, #swachhcoin. The project will pay people for their trash. At the moment the bonus is 5%, you can buy coins by the end of October. I advise you to see the project.

[bitstraq]

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

It may be that various people trying to create altcoins without any goal or purpose to fill with it. This actually leads to a loss of trust among us. So many altcoins just marketing themselves to sell in the market lead to the rise of STOs.

[Alcor]

I do not think that the number of varieties of cryptocurrency should be limited, especially to attract the regulatory authority to this issue. Cryptocurrency should be developed freely and settled naturally. Do not be afraid that cryptocurrency will become too much. After some time, all useless coins and tokens will drop the market and only promising and popular projects will remain. In addition, most of the cryptocurrency become tokens, whose activities are very narrow and they, as a rule, do not overlap in their own interests. The reality is very multifaceted and there is a place for multiple cryptocurrencies.

[frknbbr]

A lots of them scam or already dead project. So you need to research a little bit and define coins which you should invest

[pelana vreo]

Many coins die and some of the ico project scams get huge profits from investors, every day new coins appear and we don't understand how long they will survive, I suggest to be more careful when you invest.