Post
Topic
Board Altcoin Discussion
Re: Why Cardano/ADA coin’s launch on Bittrex represents what I detest about cryptos
by
mrtryonebiggums
on 02/10/2017, 18:20:40 UTC
I do not feel as strongly as you do on this matter but I too have similar thoughts. When Hshare showed up at 1 billion and top 10 marketcap that also scared me and was like wait where did this come from? Now look where

it has gone, doubt it will make it back up. It does suck when the industry is highly unregulated and maybe this means we need to head towards some regulation but not an overwhelming amount. Also do note that legitimate

projects can show up on coinmarketcap just like that overnight. For example IOTA did a similar thing and they are still in the top 10 which shows strength for that cryptocurrency. As well SALT did the same thing and showed

up with nearly 200m mcap and is looking to be a strong and promising project. Therefore I think it works both ways but yeah I would agree that some regulation is necessary in the near future here.