altcoins doesn't fragment market at all. they are doing their own thing and this is happening in every open source technology, and since money is involved in crypto world then there is more enthusiasm for creating new ones.
but if you look at other big open source things like linux for example there is literary thousands of different distros available because of the same thing, it is open source so everybody creates their own and tries to improve it and add new/different features to it.
Topic: Crypto-currency fragmentation, should we be worried? - page 2. (Read 1002 times)
There was way more fragmentation back in 2013/2014, and there has been next to no affect on the value of Bitcoin and the community surrounding cryptocurrencies, aside from more speculation occurring with these other altcoins. Fragmentation will never really be an issue, or at least not based on what I could tell. If it does matter, I'd be surprised.
What are the advantages of "altcoins"?
sometimes they're having unique feature which bitcoin don't have just like monero
if you're talking about ICO just see now ICO becoming a new way to scam people for proof,see OPHION few months back,they're scamming about hundreds btc,altcoin actually being used for trading to increase the amount of bitcoin not for being actual currency like bitcoin
if the dev saying they want to grew up altcoin to be currency which being used widely,seems BS as they only care about ICO and the TRADING activities
sometimes they're having unique feature which bitcoin don't have just like monero
if you're talking about ICO just see now ICO becoming a new way to scam people for proof,see OPHION few months back,they're scamming about hundreds btc,altcoin actually being used for trading to increase the amount of bitcoin not for being actual currency like bitcoin
if the dev saying they want to grew up altcoin to be currency which being used widely,seems BS as they only care about ICO and the TRADING activities
So, being relatively new to Bitcoin and crypto-currency in general, I have been looking around at all these "altcoins" that have sprung up following the relative success of Bitcoin... I assume because the value went from mere cents to ~US$650 per Bitcoin, so those who missed the Bitcoin boat are trying to launch new currencies to emulate that success and make $$$ 
My questions relate to the possible fragmentation of the crypto-currency segment with all of these altcoins popping up and what this may mean for crypto-currency in general.
For starters, it seems like there is a new "ICO" popping up every other week, each new altcoin possibly fragmenting the market that little bit more. Do we really need more than one crypto-currency? What are the advantages of "altcoins"? Do they offer any real benefits above Bitcoin? If so, what are they? Because I don't see the point, other than to create an artificial trading market??
My questions relate to the possible fragmentation of the crypto-currency segment with all of these altcoins popping up and what this may mean for crypto-currency in general.
For starters, it seems like there is a new "ICO" popping up every other week, each new altcoin possibly fragmenting the market that little bit more. Do we really need more than one crypto-currency? What are the advantages of "altcoins"? Do they offer any real benefits above Bitcoin? If so, what are they? Because I don't see the point, other than to create an artificial trading market??
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