Do we have too many alt coins? - page 6.

lynn_402

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Quote from: patrike on August 13, 2014, 01:58:15 PM

The problem with the hugh amount of altcoins is that it makes it difficult to find those that are really interesting and innovative. The majority of them doesn't bring too much new to the table.

It's actually not that hard, if you know what to look for in order to ignore the scammy coins; a pre-mine/IPO, wallets available on only one platform, not open-source code, etc.

jjc326

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Quote from: patrike on August 13, 2014, 01:58:15 PM

The problem with the hugh amount of altcoins is that it makes it difficult to find those that are really interesting and innovative. The majority of them doesn't bring too much new to the table.

You end up getting like 10 people who just keep creating alt coins just to try to pump and dump them, and fools buy into each new coin trying to do the same thing. You're better off if some bigger coins become bigger so there is some good use for alts instead of right now where it's just crazy and there are too many. I'm sure some good alt ideas get buried due to how many there are.

patrike

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The problem with the hugh amount of altcoins is that it makes it difficult to find those that are really interesting and innovative. The majority of them doesn't bring too much new to the table.

waqas

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Quote from: ellen_me on August 13, 2014, 11:19:04 AM

Yes there are too many altcoins and some might not be of my knowledge yet. Tongue

It make sense to those coin creators that could earn a lot from it.

and small investors are going down too much just because of these creators hypocrisy just because of this admin block many things here on this forum

ellen_me

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Yes there are too many altcoins and some might not be of my knowledge yet. Tongue

It make sense to those coin creators that could earn a lot from it.

Strawbtcerries

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Yes we do! how can this forum handle all the trafic in the alt section?

faiza1990

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★☆★777Coin★☆★

Quote from: hannscryo on August 13, 2014, 08:25:55 AM

I think we shouldn't care about the numbers of altcoins because sooner or later one of them will replace bitcoins.

I not agree with this theory that any one going to replace bitcoin because Gold is unreplace able and bitcoin is also

hopenotlate

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Top Crypto Casino

Quote from: Bitsaurus on August 13, 2014, 07:16:57 AM

Look at this. I think we can squeeze out a few thousand more turds:
http://mapofcoins.com/

lol...at a first, quick, read of your post I tought you were linking us to another, recent, crapcoin.

Then I clicked on it and found that cool site

thumbs up

hannscryo

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I think we shouldn't care about the numbers of altcoins because sooner or later one of them will replace bitcoins.

Bitsaurus

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Look at this. I think we can squeeze out a few thousand more turds:
http://mapofcoins.com/

Fraxinus

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There are a lot of altcoins and although some of them seem really promising,a big portion add nothing new and just bring more chaos.So yes,I think we are at a point where we are bombarded with altcoins and I suspect this trend will go on. Wink

Jamie_Boulder

sr. member

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There's only 2-3 besides bitcoin that I take seriously, the rest are either irreverent or a scam.

Hash Master

newbie

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I think Litecoin is the less risky alternative of Bitcoin. If you feel like the mining hardware is too expensive or you are not sure about the ROI after you put some money in btc, maybe it's better to start off with Litecoin and eventually move to Bitcoin.

I've seen people put all of their savings in btc and they ended up... broke. There is risk in everything though.

Skrillex

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Yes we do, and they are not stopping anytime soon Cry

franckuestein

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Truth will out!

Google is the best friend for alt-coins clon developers... just take a look on it Cheesy

We need to innovate, not to copy.

Pony789

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99% of altcoins are simply clones by just changing some magic numbers like block time and block reward, and they are created for pump and dump. So yup there are too many scam coins.

HarmonLi

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Honest 80s business!

Quote from: keyscore44 on August 12, 2014, 08:47:02 AM

There are some innovative new alts but it's getting harder and harder to find them due to crazy influx of crapcoins.

It seems every new altcoin is just another attempt at pumping and dumping it. People are diversifying and trying to catch the next bubbling coin, so there are always stupid people who buy the latest hype-coin!

keyscore44

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There are some innovative new alts but it's getting harder and harder to find them due to crazy influx of crapcoins.

maurya78

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No alt coins have a crucial role to play in the ecosystem
http://www.coindesk.com/need-altcoins-can-get/

Kipsy89

sr. member

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Relax!

Quote from: fast-coin on May 28, 2013, 08:59:31 PM

It's so easy to make one, does it make sense? But think about it, Bitcoin and Litecoin are the same thing.

I like how people get so creative and go to such lengths and create their own altcoins. They even have awesome or incredible features at times. But I also think that there are too many. No one uses them and they're not accepted anywhere! I guess I'll just stick with bitcoin, man!

Topic: Do we have too many alt coins? - page 6. (Read 5993 times)