Author

Topic: Do we really need so many kinds of coins? (Read 771 times)

newbie
Activity: 14
Merit: 0
January 10, 2014, 07:12:23 AM
#15
I think that kind of depends what your intentions are Smiley
For miners and traders yes we do need them.

But for everyday use i don't really see the point. Webshops don't have all the coins available as payment methodes
newbie
Activity: 14
Merit: 0
January 10, 2014, 06:31:39 AM
#14
a few people use them,they are just passing trends.
jr. member
Activity: 47
Merit: 5
January 09, 2014, 12:56:32 PM
#13
don't just follow the herd, get in the game and think outside the box, there are innovative coins being introduced all the time.

BattlecoinXchange.com being the first one that comes to mind. Cool
sr. member
Activity: 378
Merit: 265
January 09, 2014, 12:44:59 PM
#12
Alot of people make coins to make easy profit.
Most of them will die eventually, maybe some will continue to grow like bitcoin.

What about creating a trollcoin?  Grin Lots of people would buy it just because it sounds funny...
newbie
Activity: 10
Merit: 0
January 09, 2014, 12:44:07 PM
#11
      No, but some people use those useless coins as money-making tools, and coins like that soon will be disappeared in the market after a few yeras.
full member
Activity: 224
Merit: 100
January 09, 2014, 12:35:22 PM
#10
Alot of people make coins to make easy profit.
Most of them will die eventually, maybe some will continue to grow like bitcoin.
hero member
Activity: 504
Merit: 500
January 09, 2014, 12:34:11 PM
#9
Its useless in my opinion,theu hurt the main BTC price and very few people use them,they are just passing trends.
hero member
Activity: 588
Merit: 500
January 09, 2014, 12:30:53 PM
#8
That is not optional to us and if anyone wants to make a currency (and has some resources and programming knowledge that person can. it just depend on the people willingness to use alt-currencies.
newbie
Activity: 10
Merit: 0
January 09, 2014, 12:12:27 PM
#7
Why is there so much hype about NXT in the newbie forums?
member
Activity: 107
Merit: 10
January 09, 2014, 11:53:06 AM
#6
Some coins are useful and some coins are not. It depends what kind of services will be available in the future to spend this coins....
newbie
Activity: 13
Merit: 0
January 09, 2014, 11:34:16 AM
#5
By now, people create coins, mine them, and pray that one day they can sell them on some trading platform and become millionaire. But, has anyone thinked about that, if these coins really solve some problems in real life? Besides BTC and LTC, at least Ripple, mastercoin, bitshare and NXT are trying to solve some problems. Except these, there are already too many useless copies. Could people only focus on useful coins?

Yes, we only need innovative coins!
sr. member
Activity: 378
Merit: 265
January 09, 2014, 11:28:36 AM
#4
It depends. Only if altcoins are in some way better than bitcoin. Then, they have the right to took place. For example Nxtcoin is completely new, but completely different, it has new and unique source code, not just copied from Bitcoin and changed a bit. And it work on completely new principle. Now is the time when revolution has started and it's time to see which coin will win it. It may be not Bitcoin, if it is not the best. Bitcoin will fail if quantum copmuters make further development as then it will be able to get hacked.
sr. member
Activity: 332
Merit: 250
AwesomeDice.net
January 09, 2014, 11:13:43 AM
#3
Here are some thoughts. It's kind of frustrating, isn't it?
global moderator
Activity: 3850
Merit: 2643
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January 09, 2014, 11:08:56 AM
#2
By now, people create coins, mine them, and pray that one day they can sell them on some trading platform and become millionaire. But, has anyone thinked about that, if these coins really solve some problems in real life? Besides BTC and LTC, at least Ripple, mastercoin, bitshare and NXT are trying to solve some problems. Except these, there are already too many useless copies. Could people only focus on useful coins?

As long as they're profitable to mine and pump and dump then they'll still be created.
newbie
Activity: 11
Merit: 0
January 09, 2014, 11:06:19 AM
#1
By now, people create coins, mine them, and pray that one day they can sell them on some trading platform and become millionaire. But, has anyone thinked about that, if these coins really solve some problems in real life? Besides BTC and LTC, at least Ripple, mastercoin, bitshare and NXT are trying to solve some problems. Except these, there are already too many useless copies. Could people only focus on useful coins?
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