there are natural elimination that usually occurs, doesn't matter if each day there are thousands of new altcoins generated they aren't gonna have liquidity or even someone that gonna buys them.
at best they'd just become waste of space, the one that matters are the one that have quality and innovations.
Topic: 2 new coins in almost 1 day? - page 2. (Read 2147 times)
There is nothing to worry about because these altcoins are still operating like that in this market. The constant emergence of new altcoins can lead to oversaturation in the market. With a growing number of projects, it is important for altcoins to differentiate themselves and offer unique value propositions in order to stand out. There must be healthy competition, as it encourages innovation and motivates altcoin developers to improve their services. As more projects compete for attention, this leads to the creation of better products, services, and technologies. This will benefit the entire cryptocurrency ecosystem and its users.
There are so many coins being created it's a job to keep up and try to get in while they are still mineable... In a month will there be 50+ altcoins? I was happy with new coins being created, but is this too fast and too overwhelming?
Man, remember when having 50 altcoins was considered something to be concerned about? Now we get 1000s of new things to buy a day. lol.
It is difficult to follow all the altcoins as there are so many of them. On the other hand competition is healthy and the market will take care of shitcoins anyway.
I think we need to start regulating the release of new coins because there is nothing in such a huge amount of useless coins.
More than 90 percent of these tokens are garbage, so it's hard to say that I'm happy about them.
You are right, this is definitely too overwhelming and you should always pay attention to the quality of a project, because each days two new coins are launched and only one coin per month gives some profit.
This figure may increase several times over the year. The normal phenomenon is the very rapid development of tenology. More and more people are trying to realize their ideas through fundraising; therefore, coins become more and more every day.
There are so many coins being created it's a job to keep up and try to get in while they are still mineable... In a month will there be 50+ altcoins? I was happy with new coins being created, but is this too fast and too overwhelming?
I think it is not coming anymore. I remember that there were lots of project coming a year ago.
Market is shakening and new project is affecting from it. But I don't think it will keep going. ICO's age coming to the end. We can see great results soon.
Wow ! Theme created in 2013. Then people were surprised that 50 altcoins is a lot ! Now they have more than 2 000 coins and the number is growing rapidly I wonder what will happen after 6 years again.
Being an open source project anyone is welcome to create their own new coin. Unfortunately, many do. There is no need to try keeping up with them. Most are just somebody's coding project of the month.
Lol, I got you right! This is causing the crypto industry unstable due to all open source project bring out too shitty coin every day,i hope some day policies will be in place to reduce all this to have better system. 
Creating a coin is one thing, supporting a coin and working with a community to help make it useful is an entirely different piece of the puzzle.
My coin is almost done aswell haha.
Franko is the future!
Franko is the future!
more to come my friend.. Very soon
WHEN?
WHEEEENnnnnnnnNNNN?? 
more to come my friend.. Very soon
BTB, YAC, BQC, RYC. MNC are all going to be but a memory in less than 2 weeks.
All the altcoins launched in the last week have that in common. Of course they also have in common that they are launched by JR members for pump and dump to idiots who actually MINE a coin that starts out with a block reward at diff 0 that is 100x+ more for the first few hours then the rest of the week.
All the altcoins launched in the last week have that in common. Of course they also have in common that they are launched by JR members for pump and dump to idiots who actually MINE a coin that starts out with a block reward at diff 0 that is 100x+ more for the first few hours then the rest of the week.
BQC was not launched in the last week, inform yourself first before posting.
But the message still stays the same. Longevity may be slightly more for BQC since it was launched when one coin was popping every week instead of days.
Simple empirical formula: If its a copycat coin with premining.
Longevity of the coin in months = 30 / number of coins launched in that month
The time to get in on them will be after all the pundits pretend it is dead, the difficulty drops down to where CPUs can mine it very nicely, and you can rake in the coins for a year or more just like happened with BBQcoin and is still happening with various other coins.
These newbie coins just add more onto the end of the list of coins to eventually get around to when last year's bunch are back on exchanges paying off handsomely like BBQcoin currently is.
-MarkM-
These newbie coins just add more onto the end of the list of coins to eventually get around to when last year's bunch are back on exchanges paying off handsomely like BBQcoin currently is.
-MarkM-
It is getting a bit silly I cant update my website fast enough!
(Bitbar is missing ATM and i would like to ad YAC as soon as there's an exchange with API)
(Bitbar is missing ATM and i would like to ad YAC as soon as there's an exchange with API)
Otherwise known as the US Federal Reserve and the dollar.
LOL +1
Quick, someone create a pure clone of litecoin with 300 coin block rewards, starting diff of 0, and retarget every 10080 blocks. You'll get rich with your pump and dump!
screw that make a litecoin clone with a 50,000 block reward with a milisecond block generation.
Otherwise known as the US Federal Reserve and the dollar.
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