Bitcoin Forum

Hello ! Newbie here , just want to know why there's always keep coming new altcoins everyday to the public?Hope someone can enlightened me .   ???

Because everybody wants his fair share from people who are buying every sh*t on the market without even read the ann.
Of course, there are always few exceptions, offering new stuff and innovation, but they are unicorns.

Thanks for the asap reply , what is "ANN" all about?  I often see that word. Hope you wont mind.
So what will happen to the altcoins that's not into top 10 in coinmarket?

On account of the ANN can not answer.
With regards to altcoins I want to say. Yes now a lot of altcoins absolutely useless to anyone only for speculation. In the spring and early summer they are well grown. But now there is mostly a top altcoins. Top I would not take the first ten. The first hundred or at least 50. There is almost no bad projects.
After 10 years 90% of today's coins will die. It is inevitable.

Oh I see , thanks for the information y'all
Need to dig more to understand this and make a positive results . Chao !   :)

they seek and compete to provide solutions to future payments, they try to solve the current problem and make a real solution to it. some projects are good and according to their plans, but fails also too much.

Hmmm.. this sounds clear to me .

i think they want to make easy payment and attempted future technology

the answer its because in this world innovation are never stop especially on startup.
so they need some big fund to create that so they need an investor to made it real.
and finally as a feedback the developer give a token/altcoin as reward.
and over time if the project growth, that's coin are available on market (exchanger)

Yes. Altcoins are main part of crypto world. So many good/bad projects prefers to open a crowdsale using blockchain to collect money for beginning. And they release their own tokens during this crowdsales. Quantity of these projects increases day by day.

ANN are announcement threads of particular ICO or cryptocurrency company where they usually give details about their project, team and roadmap along with various links to their Twitter, Website or Telegram.

And nothing happens to the coins which are not in top 10. There are many potential coins which are not in top 10 and can make it through. Top 10s are large cap coins that usually the second preferred investment for people after bitcoin. Medium cap coins are good investment too. But small caps are merely for pump and dump.

Its like the beginning of the internet back in the late 90's. At that time poeple only thought that internet was to send and receive email, look at what all we can do with it now. Same is with blockchain, new companies are trying to use it and hence making new alts.

There are so many coins because it's not that hard to create one. And everyone is buying all coins, no matter if they're shit or not, so why miss out on the money you can make?

Well some altcoins are pretty good projects like Viberate where you can earn VIBs using their reward system and their PoW.

Check it out: https://www.viberate.com/referrals/2ed6b8b9_9588dc25_2edd6fe5

Some alts are there only for the team behind it to make a quick buck!

It's every developer sees big profit with altcoins and they just keep on creating their own altcoins that suppose to make them tons of money and it's their hope.


Nice and good to know that you have understand it all, there are too many of it and that simply means that there's a big demand of crypto currencies mainly with bitcoin and next the undying creation of altcoins.

This is somewhat a wide explanation to me :)
Truly the world in crypto is very big and and too risky but very interested   ;)

Oh it's sad to know the developers sees only the advantage for them , and not more on the investors side  :D This is a big GAMBLING i could say  ;D

First and foremost we all know that Bitcoin has limited supply right? Now in order for the developers who have a certain project they need a big amount of money coming from the investors who are interested on their project, they develop an alternative currency for their project. If they got everything fixed, their next move is to spread their developed currency in some ways they do AIRDROP, AIRDROP means theyre willing to give out free of their developed currency to circulate in the market. If youre holding their currency they will let publish an exchange site for their currency. So most of the projects has its own currency but not all. Some projects will pay you using etherium or bitcoin as well.

Yeap, many altcoins and ICo's on going daily, people want to share their project opportunity and get funds and adversting by the forum and other crypto related pages.

They understand that crypto is a big business and as for them taking that advantage is their fortune. But let's don't generalize them, there are some that are greedy and doesn't want to add some piece of history in the world of cryptocurrency but there are those developers that are really forward for a better and great crypto world and do everything they can to help the people and at the same time to incentivize too.

THe bottom line reason why there are lots of altcoins appeared everyday it is because of money. Since that we are in Bitcoin or Altcoin world of digital currency they are using blockchain for them to create crowdsales to collect fund to their token sales. Were in the near future it will become  a future digital money online payment.

Well to be able to succeed in this venture just think positive as always right?! ,  risk is everywhere even in traditional business   :D

Cryptocurrency is interesting indeed !

Hello commiunity,

When we buy altcoins what will happen if we buy big difference of buying and selling rate?

Help me guys... :)

there are new altcoins every day, because people want diversity and create a lot of new coins...you need to separate the scammers from serious ones and link your business with those who have the best and have good prospects

Altcoins are coins called collectively as cryptocurrencies which bitcoin too is inclusive. They are internet base currencies used for exchange.

There are a lot of reasons and they are all different. The main reasons, in my opinion, is the ability to monetize the  business or idea, and the desire to make quick money without having anything but a coin.

 Yes, you give me more idea on how to deal it.  :)

Every altcoin has different aspects but all are the cryptocurrency. Altcoin is the short time profit business this is not suitable for all of them. Some MNC companies and banks are created in successful altcoin. Because they have huge support in background. But normal competitor creating coins are poor in market. This is actual scenario of altcoins. Peoples are like different types of altcoins. That means they also want to short time profitable investment. So everyone needs quick money. This is exact scenario of cryptocurrency.

people have idea for making a new things so they create something in cryptocurrency and they want to contribute with cryptocurrency world. we know that many altcoin have different purpose in cryptocurrency world.



the big difference is the price will be change and there is a gap of the price in buy and sell rate. so if you want to buy and sell, make sure that you watch the price so you can determine in what price you should buy.

Hello community.

When we buy altcoins, what are the things I should consider to select an effective coin?

 ??? ??? ???

Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins are expected to replace or repair at least one component of Bitcoin. such as transaction speed, distribution method, or hashing algorithm.
so it's only natural that altcoin will pop up every day.
in addition, many developers who want to produce a product that can help the users and get a big profit.

actually a lot of ways for us to know which coins really have a good prospect for the future.
for example by first studying the uniqueness of the technology carried by the project and the benefits of altcoin technology. and do not rule out the team or developers who work in it because one of the success altcoin project is on a great team and professional.