Why so Many Different ALT Coins - page 2.

WHMOB

newbie

Activity: 55

Merit: 0

Quote from: rapazev on October 20, 2016, 12:56:26 PM

because it's free money...
most users here dont even search before invest, they put money in everything.

in fact, i think i should start my own coin to get some bitcoins for free.

If you do that where would you go to exchange them?

WHMOB

newbie

Activity: 55

Merit: 0

I have been watching what has happened with bitcoin since near its inception and i see these near pointless coins coming out, I just did not see the point except like what was said by another user pump and dump.

And whats sad is new users don't realize that most of these coins are worthless. Those are the ones who get sucked into buying these coins.

rapazev

full member

Activity: 210

Merit: 100

because it's free money...
most users here dont even search before invest, they put money in everything.

in fact, i think i should start my own coin to get some bitcoins for free.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Because people wants duplication and imitation,only few people back then enjoyed what bitcoin have accomplihed and so they are creating a new coin with more features so people will adopt and use it and make a lot of money for the developer.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

Everything has concurent in this world and bitcoin isn't exception. Now there are many open sources and it's easy to make your own altcoin but it has no effect because there are more serious altcoins like dogecoin, litecoin, etherium and etc. So main reason is trading and also what talkbitcoin sayed it's true and at the same time sad. I think there must be filter or something like this because there are many silly altcoins which isn't under use by people.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: WHMOB on October 20, 2016, 12:06:36 PM

I was looking and studying to do some alt coin trading to try and make some extra cash with my BTC. I just want to know why are there so many different alt coins?

because there is this button on github called "fork" and when you click it you can have your own altcoin in matter of seconds.

and this is the way altcoin market has turned into, just similar coins with slight changes and same crap all over again.

0 innovation.

Quote

What is the point of them?

3 words: pump and dump

WHMOB

newbie

Activity: 55

Merit: 0

I was looking and studying to do some alt coin trading to try and make some extra cash with my BTC. I just want to know why are there so many different alt coins? What is the point of them?

Topic: Why so Many Different ALT Coins - page 2. (Read 1341 times)