WHy the fuck so many alt coins? - page 4.

Vladimir

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-

Quote from: solex on May 08, 2013, 11:42:35 PM

Quote from: MoonShadow on May 08, 2013, 07:54:09 PM

Why so many alt-coins?

Evolution, of course. Those are the dead-end muations.

Just like during the Cambrian Explosion when a huge number of crazy body-plans competed against each other, resulting in only a few long-term surviving types...

We should be thankful that troglodytes had no network effect.

solex

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100 satoshis -> ISO code

Quote from: MoonShadow on May 08, 2013, 07:54:09 PM

Why so many alt-coins?

Evolution, of course. Those are the dead-end muations.

Just like during the Cambrian Explosion when a huge number of crazy body-plans competed against each other, resulting in only a few long-term surviving types...

furuknap

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http://coin.furuknap.net/

Quote from: casascius on May 08, 2013, 10:31:11 PM

Q. Why so many alt coins?

A. So future Bitcoin-qt developers can cut their teeth and learn the codebase.

+1

BitHits

full member

Activity: 196

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Because BitCoin can and should evolve.

The only other Alt Coins I've checked out/showed interest in so far is LiteCoin/LTC and ByteCoin/BTE

Free BitCoins www.BitHits.info

Free ByteCoins www.ByteHits.info

What I'd really like to see in a coin is a much better TX Fee system or no TX fee system!

fcmatt

legendary

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I go away for a week and things were pretty alt crazy before i left. I come back and it is bat shit insane now. Well done all.

Nolo

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Whoa, there are a lot of cats in this wall.

This thread was so desperately needed. It just wouldn't have made sense to ask this question in one of the other five dozen threads started with the same question every day.

cdog

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Im happy because its keeps the LTC difficulty from being EVEN HIGHER and teaches people the hard way at the same time. Win-win

bitsalame

donator

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Preaching the gospel of Satoshi

If bitcoin is a meta-currency of fiat money, altcoins are a meta-meta-currency.
Consider them the cheap knock-offs of bitcoins, everyone is a satoshi wannabie.
That's human nature, it happens with gangnam style, Harlem shake and serial murders, whatever crap that becomes popular, you'll have copycats popping up everywhere.

The only altcoin project modestly original is the Ripple, the rest is shit. Some of the others are just minor tweaks of the bitcoin protocol.

computerparts

sr. member

Activity: 378

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why so serious?

casascius

vip

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The Casascius 1oz 10BTC Silver Round (w/ Gold B)

Q. Why so many alt coins?

A. So future Bitcoin-qt developers can cut their teeth and learn the codebase.

Evolekam

newbie

Activity: 29

Merit: 0

Because people believe they will get rich off the new next thing.

bfan

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to get btc for the dev team

jimmyk

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Quote from: sterob on May 08, 2013, 09:34:59 PM

Quote from: sublime5447 on May 08, 2013, 09:02:53 PM

I agree it is stupid shit every time you turn around a new alternative coin. I personally support competition and have been selling ltc almost exclusively, but come on every day a new bullshit coin... wtf?

no wonder the option to ignore you is highlighted.

That's funny... I just noticed that.

downying

member

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because bitcoin is opensource. If it's not as ripple, there will be no cheap alt-coins.

sublime5447

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No the reason that the ignore button is highlighted is because I tell faggots like you to suck my cock. Feel free to ignore me too.. oh and by the way go fuck yourself Grin

sterob

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★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: sublime5447 on May 08, 2013, 09:02:53 PM

I agree it is stupid shit every time you turn around a new alternative coin. I personally support competition and have been selling ltc almost exclusively, but come on every day a new bullshit coin... wtf?

no wonder the option to ignore you is highlighted.

snailbrain

legendary

Activity: 1807

Merit: 1020

it's ok that there are alt coins.. but it's not good that random alt coins which have only just been released, that have been made by someone who isn't or can't support it are put onto the main exchanges... if it's something completely new (revolutionary), then fairplay..
i think a coin should not be put on an exchange for at least a month or 2.. just an intuitive guess/idea ;d

of course, if it's not worth anything then most people won't mine it... but the ones that do, and stick with it, and know that it is actually better than the other alts will be rewarded eventually.. and those that didn't think about the future, and only the present will be pissed off

something like that.. i shouldn't write while drunk ;d

edit: i suppose the failures could eventually fade away.. maybe they won't, maybe exchanges will stop putting random coins on their exchanges because they get so full, leaving the real good coins without an exchange..

Mastergerund

member

Activity: 114

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Please, keep making all your alt coins. No, really. People chasing spamcoins with their hash power makes less hash power on the real coins. Means less competition for me... Cool

hdclover

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www.bitcoin.org

Why so many cigarette brands ?

sublime5447

legendary

Activity: 966

Merit: 1000

I agree it is stupid shit every time you turn around a new alternative coin. I personally support competition and have been selling ltc almost exclusively, but come on every day a new bullshit coin... wtf?

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