Quote from: Dalmar on November 20, 2019, 12:34:43 PM

Quote from: lienfaye on November 20, 2019, 12:23:03 PM

Quote from: Kunnu on July 29, 2019, 06:39:16 PM

They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.

There's no need for it, if an altcoins has no real use cases then it wont get volume in exchanges and it will die as time passes due to less or no demand.

We cant get rid of these useless coins, its very easy for other people to create their own coins to accumulate money to the investors. Then in the end it will turn out to be scam, they runaway with the money of their victims.

The victims are generally inexperienced crypto investors who haven't conducted decent project research during the investment process. The scammers don't go away, they come back with their "unique" ideas again and the victims change hands. There is more than 2000 altcoins in the coinmarketcap and at least half of the listed altcoins have no real use case or working product, unfortunately.

what can make a safe investment is the investor himself, because of his ignorance, new investors are easier to get hooked on fraudulent projects and that makes them trapped. knowledge becomes important in investments or we will continue to be trapped and blame certain sources for fraud projects. because until now there are no regulations about new projects in crypto