Over 100 coins on cryptsy... It's insane!
I think there will be no more than 10-20 coins that have support for more than 2 years and maybe 5 that have support for 5+ years.
The only reason those new idiot coins are created... people see that alt coins value can explode.
Remember alt coins do not "create" value... people are losing money, betting on crapcoins...
Topic: too many alternative coins - page 2. (Read 2224 times)
Makes you want to buy $100 worth of them & just let them sit. If even 1 or 2 hit its solid getting in early
Yes,it seems that a lot from these coins will diminish.I suppose some of the coins may go up as they have good support,but I can't say that for the others.
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Hey, i would like to know what´s your opinion on all the alternative currencies, do they really have a future? I really can´t look at this alt coins seriously... Hamstercoins, Catcoins...
Is there any possibility that a coin like catcoin or dogecoin is able to withstand?
Is there any possibility that a coin like catcoin or dogecoin is able to withstand?
There will always be new coins as people just try to profit or get rich quick off them and then move on. The only alts that will survive as currencies are those that can get some merchant adoption behind them, which very few have managed so far.
@Mischu1989 It's a possible explanation however everyday there is a new alternative cryptocurrencie.
Yes,I agree-there are really a lot of alt coins and new ones being introduced.This may not end up good as I see it.
i agree there are too many.... they are ruining the normal bitcoin price without them the price wouldnt go down so much...
Agreed, so many of these coins are made with little thought and innovation, premined to death, thrown away in "Free handouts in the alt forums" and then dumped quickly. Everyday right now i must see atleast 2 or 3 new coins being posted. This cant be great for a community still trying to get a footing in the big wide world having all these shit alt coins.
Yes,this seems to be the case as there is a lot of pump and dump.It looks like quite a lot of this alt coins will diminish at a time.
i agree there are too many.... they are ruining the normal bitcoin price without them the price wouldnt go down so much...
I think new altcoin is a very good chance to get rich 
Get rich i don't know, but make some money that's for sure.
This make me think who pays it ? Those naive thinking the altcoins can stay longterm, or just those unlucky traders who dont sell before the dump happens ?
Not unlucky traders, just greedy traders who see a rising price point and jumps on before the dump, people who didnt do their homework on what they are buying. I guess alot of the new coins will come and go without much noise, some with alot of community support and nice new features will stay. At the moment, there are to many people making clonecoins that will die fast.
Yes,maybe most of this coins will diminish at a time.This seems the most likely outcome.
I think new altcoin is a very good chance to get rich
Get rich i don't know, but make some money that's for sure.
This make me think who pays it ? Those naive thinking the altcoins can stay longterm, or just those unlucky traders who dont sell before the dump happens ?
It all depends on the community and support, especially for meme-coins. Dogecoin has a rush on attractivity actually and it should become interesting how that coin develops in january when holidays are over, but many think there is much potential - which other alt-coin has an own anon/blackmarket on Tor announced? I am not sure about catcoins or kittehcoins however. Of kitteh I mined a half million in the last two days just to see how it comes once coinedup or coin-e will set it into portfolio...
ys they have a future coz if not why everybody is mad about making, mining, and trading them ....... hail cryptocurrency hail alternate coins......
I think there are far too many crap/clone alt coins out there in the world at the moment.
But luckly for most crap things, alot of them will die a quick death when people realise they are crap.
I dont get at the moment all these coins starting with 5-10% premined, with millions of them given away in free hand outs, I know it gets people to download wallets but it always devalues what little amount the coin was worth anyway.
At the moment, i'd only mine and sell most alt coins i wouldnt buy into any of them, not worth risking the fiat on it.
But luckly for most crap things, alot of them will die a quick death when people realise they are crap.
I dont get at the moment all these coins starting with 5-10% premined, with millions of them given away in free hand outs, I know it gets people to download wallets but it always devalues what little amount the coin was worth anyway.
At the moment, i'd only mine and sell most alt coins i wouldnt buy into any of them, not worth risking the fiat on it.
I think there are an awful lot of them but, for me at least I like to get in on some of them that look decent and at least make some Bitcoin off of them if they happen to go somewhere awesome I always keep some just in case. It is much easier for me to mine some new coin then it would ever be for me to mine a BTC 
It seems Bitcoin and Litecoin are here to stay. Ripple's XRP may not survive if the Ripple scam comes out. From my research and activity in the cryptocurrency field, I think some other coins that add code or practical benefits (e.g. Nextcoin, Peercoin) may stick around.
But as for the memecoins... man, Ponzi schemes always fall flat eventually and it's just a matter of time until the stories come out of all those late-coming sheeple left holding the bag passed down from the opportunistic early adopters...
One memecoin seems to have the lucky streak of Luck and that is Dogecoin!
But as for the memecoins... man, Ponzi schemes always fall flat eventually and it's just a matter of time until the stories come out of all those late-coming sheeple left holding the bag passed down from the opportunistic early adopters...
One memecoin seems to have the lucky streak of Luck and that is Dogecoin!
Hey, i would like to know what´s your opinion on all the alternative currencies, do they really have a future? I really can´t look at this alt coins seriously... Hamstercoins, Catcoins...
Is there any possibility that a coin like catcoin or dogecoin is able to withstand?
Is there any possibility that a coin like catcoin or dogecoin is able to withstand?
Highly unlikely.
99.999% of these alt-coins will eventally die off due to lack of support from any substantial community.
There seem to be far too many ridiculous coins in existence that hopefully will not be around for too long.
I think there are some good alts - just not many!
I think there are some good alts - just not many!
Most new coins probably are not going to be around for long time, ride the wave, you should be good.
Which alt coin u think is good?
I think new altcoin is a very good chance to get rich
Get rich i don't know, but make some money that's for sure.
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