Topic: why so many altcoins? (Read 1412 times)
In my personal information, a lot of altcoins are being launch or created because of its finest gratitude of earning profits via investing on them and so a lot of people want to create their own coins/ICO's to be one of them. For them they just need to have skills and knowledge to create a successful one. On the other hand, people who wants to earn extra profit invest in this ICO's, so its a win win to both of them.
If you are a researcher, you will have the anwser. As you can see, there are many issues in the economy which can solved based on Blockchain technonoly. Therefore, there are hundreds ICO projects to be introduced. You can choose some of them to invest.
The digital money market is growing, as it increases the volume of Altcoin, which makes the market more plentiful and potential. In addition, it gives investors more choices in investing. On the other hand, massively and uncontrollably, more and more garbage is appearing. It is a loss of need in the market, many are deceived and lost everything
In the world of crypto currency it is not a new thing to know that there are so many altcoins, each altcoin has different objectives or goal of it's project, so every time a new coin appears it has also an explanation what will be the purpose. Basically, why this happens all the time because the idea of crypto currency is worldwide.
in the bitcoin many use altcoin because someone had found a solution other than btc coins that can be used for transactions and retains the value of value. altcoin are the means of payment of every company is different and can be referred to as the code of the payment of any projects that are running. doing so will facilitate you to checks in collection coins as you can.
The beginning of altcoin is bitcoin so The altcoins are Son of bitcoin but there is so many altcoins why? Because Every Altcoins have there purpose and different projects so thats why so many altcoins.
hello!
why are there so many coins to choose from, do they really each have something unique about them?
why are there so many coins to choose from, do they really each have something unique about them?
Atlcoins are made to be stakes on projects or to work as bitcoin clon, any person can crewate their own coin with these based smart contracts.
hello!
why are there so many coins to choose from, do they really each have something unique about them?
why are there so many coins to choose from, do they really each have something unique about them?
The reason that there are too many altcoins is that, every altcoins serves a different purpose than others. Some altcoins can be used to buy products and services, some are use for transactions, some altcoins are for betting and gaming. To answer your question yes they have something unique about them. Also one reason that there are so many altcoins is because of competition, every altcoin wants to surpass other altcoins so developers keep on creating altcoins better than other altcoins in terms of service, security and high prices.
Even though they serve different purposes some just share the same agenda and that is to earn money. I often see these "the first" phrases whenever i see them on fb or on there own site. Although it takes time before they are completely released, not all of these altcoins were released on the market. Some may have been released but it is forgetting because it is not daily updated by their own devs.
because of innovation and open source 
Each altcoin backs a different project, there are as many projects as blockchain developers, fintech entrepreneurs and enthusiasts
they've seen many people who benefit from alt-coin and want to also enjoy it so they also issued altcoin for sale
hello!
why are there so many coins to choose from, do they really each have something unique about them?
why are there so many coins to choose from, do they really each have something unique about them?
The reason that there are too many altcoins is that, every altcoins serves a different purpose than others. Some altcoins can be used to buy products and services, some are use for transactions, some altcoins are for betting and gaming. To answer your question yes they have something unique about them. Also one reason that there are so many altcoins is because of competition, every altcoin wants to surpass other altcoins so developers keep on creating altcoins better than other altcoins in terms of service, security and high prices.
Because it is fashionable, it attracts attention and therefore each project who at least understands a little, trying to make their ICO. But for this you need to release their tokens. Really technologically useful coin not so much
because people want to be involved in this technology and try to create something better and different...so there are so many coins
Most are not coins. Example top 10: BTC, LTC and Monero are coins. Rest is either some hyperinflated tech or forked premined/instamined scams (just my opinion) There is a lot of crypto noise. You will have to learn to filter.
altcoins are created by many, and used some in ICO campaign. But each of them are unique with different features on market cap. Each of them have different strategies offers during investments to all investors.
hello!
why are there so many coins to choose from, do they really each have something unique about them?
Perhaps the reason why so much altcoin is due to the increasingly crowded crypto competition. each altcoin competes with each other to attract its enthusiasts by offering ease in transactions, security and high prices. If altcoin has it all it would be more and more interested enthusiasts. And there is only one altcoin at the moment that makes us all surprised by the rising price. altcoin is ethereum. why are there so many coins to choose from, do they really each have something unique about them?
of course altcoins for me is very interesting where every altcoins have different each, there are for making online payment there are also altcoins who have kredit card system, for me it is very interesting and Cryptocurrency world become more beautiful with the presence of new altcoins 
It all comes down to our evolutionary history and this little state/goal cognitive architecture which compels us to act in ways which meet our needs.
That is, people want money to meet their needs. Work sucks for the most part. There is a quick buck to be made in the coin game.
That is, people want money to meet their needs. Work sucks for the most part. There is a quick buck to be made in the coin game.
It's a good theme for discuss. I think the reason from your question "Why so many altcoin" maybe because the price of bitcoin very expensive, so the investor and developer make a new innovations token alternative for miners and traders can do this again as a substitute for bitcoin. And their are believe if altcoin (alternative coin) as soon as possible can be rival of bitcoin, but next times.
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