Definitely yes, there are too many altcoins out there. But don't worry, most of them are dead, dying or will be dead.
There are only just a few altcoins that have real uses other than gambling.
Topic: Do we have too many alt coins? - page 3. (Read 5993 times)
Altcoins only seem to have the purpose of filling in trade markets on exchanges, offering MANY MANY bull or bear markets allowing investors to transfer their bitcoin over to take advantages of price fluctuations.
Read on guys... This might be the single most valuable piece of advice you'll get on this forum:
99% of altcoins these days exists with the sole purpose in mind of their creators (and community) to bump and then extract BTC from the unsavy/speculators. Do not get fooled by false promises my friends.
There are just TOO MANY alt coins, many of them are useless and killing bitcoin.
Yup there are way too many altcoins.
Yup most of them are useless and are simply instruments for pump and dump.
But nope, they are not going to kill bitcoin. Bitcoin has a big first-mover advantage and it won't be replaced that easily.
99% of altcoins these days exists with the sole purpose in mind of their creators (and community) to bump and then extract BTC from the unsavy/speculators. Do not get fooled by false promises my friends.
Yes, most newbies are too confused with the ridiculous amounts of coins.
There are just TOO MANY alt coins, many of them are useless and killing bitcoin.
I don't think any one can kill Bitcoin because bitcoin has his own worth but still I am not in favor of these too much alt coins
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There are just TOO MANY alt coins, many of them are useless and killing bitcoin.
Imagine being able to click "Show unread posts since last visit." without being bombarded with useless shitty altcoins. Just imagine that, wouldn't that make the forum much better? We have too many altcoins that bring absolutely nothing to the table.
If you want to achieve that, you can ignore the whole altcoin section on your profile.
https://bitcointalk.org/index.php?action=profile;sa=ignoreBoards
And they will be all gone.
too much shittycoins made only just to scam other.
and too much dumb guys who still believe invest on that shittycoins means they will rich someday
and too much dumb guys who still believe invest on that shittycoins means they will rich someday
Imagine being able to click "Show unread posts since last visit." without being bombarded with useless shitty altcoins. Just imagine that, wouldn't that make the forum much better? We have too many altcoins that bring absolutely nothing to the table.
Again just look at this http://mapofcoins.com/ and tell me that's not nonsense. No single coin will be able to fulfill every market niche nor should it have to, but 3+ coin launches a day is ridiculous.
Mostly altcoins made for just scam, they made promote sell their parts and disappear.
Again change the name and process start.
Again change the name and process start.
and.... ? haha
New algos have to implement new specs for the coin. I prefer to have a good project with Scrypt rather than another one with a poor new algo without development.
New algos have to implement new specs for the coin. I prefer to have a good project with Scrypt rather than another one with a poor new algo without development.
Well said.
We have x11, and then people added two more algorithm to make x13, and then x15, and so on. To be honest I don't see any benefit to the whole cryptocurrencies community.
EDIT: After a google search, I just found that there are indeed x12, x14, x17 as well...
have to much alt coins ...come more new coins at future and better coins with new algo and .......
and.... ? haha
New algos have to implement new specs for the coin. I prefer to have a good project with Scrypt rather than another one with a poor new algo without development.
Well said.
We have x11, and then people added two more algorithm to make x13, and then x15, and so on. To be honest I don't see any benefit to the whole cryptocurrencies community.
EDIT: After a google search, I just found that there are indeed x12, x14, x17 as well...
Yes, I am new and I was confused by too many alt coins.
I don't think BTC and LTC are not same. There is a huge difference between BTC and LTC, specially on the price. I am trying to mine altcoin and making some profit.
It's so easy to make one, does it make sense? But think about it, Bitcoin and Litecoin are the same thing.
The reason for massive sold off for altcoin this week.
As for bitcoin, it has network effect. Litecoin has nothing.
have to much alt coins ...come more new coins at future and better coins with new algo and .......
and.... ? haha
New algos have to implement new specs for the coin. I prefer to have a good project with Scrypt rather than another one with a poor new algo without development.
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