Creating Altcoins is Easy, Maintaining One is Not

pereira4

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Quote from: Slim2017 on January 14, 2017, 07:42:22 PM

Love them or hate them, there’s a lot of altcoins in the crypto-economy. In fact, in 2017 there are roughly more than 700 different kinds of cryptocurrency. All of them claim to offer something unique. However, many people believe there is nothing innovative about these altcoins due to how easy it is to create them, the sketchy developers behind many such projects, and the significant pre-mines associated with altcoins.

https://news.bitcoin.com/creating-altcoins-easy-maintaining-not/

I agree, it's crazy how nowadays anyone can download a program and basically their altcoin of choice create while being a total computer illiterate. Of course, those coins are all destined to die because they dont bring anything to the table. They depend on short lived pumps. Once the hype is over, they all die.

BitcoinNational

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Creating Altcoins is Easy, Maintaining One is Not
So how about 2017 being the year +3yr networks get a little BOOST. Cool

alyssa85

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The alts that have lasted have a community. Eg Doge is still a thing, and the Ether and Litecoin communities still support their coins. With no community, you just get a big pump, and then the coin dies and bagholders walk away disappointed.

GreenBits

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Quote from: Slim2017 on January 14, 2017, 07:42:22 PM

Love them or hate them, there’s a lot of altcoins in the crypto-economy. In fact, in 2017 there are roughly more than 700 different kinds of cryptocurrency. All of them claim to offer something unique. However, many people believe there is nothing innovative about these altcoins due to how easy it is to create them, the sketchy developers behind many such projects, and the significant pre-mines associated with altcoins.

https://news.bitcoin.com/creating-altcoins-easy-maintaining-not/

That's true its hard to maintain you own altcoin if you don't have a team or a companion that help you innovate your altcoin project.Making a alt coins is easy if you have a money they are some service providers that offer to build your own altcoin.

cengsuwuei

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the first youre only share link not explain in here
and i visit youre link, in youre share
is nothing explain about crate altcoin, nothing how step by step create new altcoin

_nur

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Ripple XRP is not a coin, it's a protocol and despite IBM,R3 trying to replicate them they are years away

So you have to do thorough research not just look at news coins

machinek20

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Yes it is true, you can easily find coin developer to create your coin, but to maintain and to make the coin to survive it is really difficult, the reputation of an ico or alt coin is already bad, so there are only few investors that will interested in new alt coin

shinratensei_

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Quote from: Slim2017 on January 14, 2017, 07:42:22 PM

Love them or hate them, there’s a lot of altcoins in the crypto-economy. In fact, in 2017 there are roughly more than 700 different kinds of cryptocurrency. All of them claim to offer something unique. However, many people believe there is nothing innovative about these altcoins due to how easy it is to create them, the sketchy developers behind many such projects, and the significant pre-mines associated with altcoins.

https://news.bitcoin.com/creating-altcoins-easy-maintaining-not/

Just need a little pennies for creating a new one. at least a lot of them were ending at pump and dump. Maintain the one is a conclusion to attracting the demand. It will always be giving a life for the coin.

At least they can maintain it with putting them on all of the exchange sites. Cheesy

traderethereum

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i don't know how to create altcoin but what i think is creating one or make a new one is easy, but if we want to make that one still alive then we need to maintain and is really hard to do, because we need a good effort to maintain and take our attention for our project, its better if we stay focus with what we've done before and still doing until its finished.

Slim2017

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Love them or hate them, there’s a lot of altcoins in the crypto-economy. In fact, in 2017 there are roughly more than 700 different kinds of cryptocurrency. All of them claim to offer something unique. However, many people believe there is nothing innovative about these altcoins due to how easy it is to create them, the sketchy developers behind many such projects, and the significant pre-mines associated with altcoins.

https://news.bitcoin.com/creating-altcoins-easy-maintaining-not/

Topic: Creating Altcoins is Easy, Maintaining One is Not (Read 560 times)