Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Caper_Barry on May 09, 2014, 12:16:11 AM



Title: Are there too many altcoins?
Post by: Caper_Barry on May 09, 2014, 12:16:11 AM
What do you guys think? I'm personally sick of this bullshit.


Title: Re: Are there too many altcoins?
Post by: Spoetnik on May 09, 2014, 12:54:09 AM
can we smack people in the head with a bat if they don't admit the obvious ?

scammers gonna scam........ Free Market™

copy paste dump and repeat.... then blame us "user demand" blah blah blah..

with scrypt asics it has and will only get far worse too.. so will the excuses for it all lol
the dumb fuck excuses from idiots about it all is far faaaar worse than having to put up with the cloning and dumping vicious cycle.
defending the behavior is a great opportunity for slime balls to step up and show case the sleazy and vulgar opinions.
it is often amusing how far they will go to stretch the truth and reality to suit their scammy financial agenda though..
fucking stupid clowns.. i hope karma slashes them wide open  ;D
what comes around goes around !


Title: Re: Are there too many altcoins?
Post by: bitfranky on May 09, 2014, 01:24:31 AM
What do you guys think? I'm personally sick of this bullshit.

If you are sick of it better close your bitcointalk account, trust me it would be good for you and avoid long term health consequences.   ;D


Title: Re: Are there too many altcoins?
Post by: DrReaper on May 09, 2014, 01:44:16 AM
Some will succeed and others will fail.


Title: Re: Are there too many altcoins?
Post by: Redrocket2 on May 09, 2014, 01:59:31 AM

Bingo :)

Some will succeed and others will fail.


Title: Re: Are there too many altcoins?
Post by: MicroGuy on May 09, 2014, 04:32:15 AM
What do you guys think? I'm personally sick of this bullshit.

The free market will prevail and the cream will eventually rise to the top. IMO


Title: Re: Are there too many altcoins?
Post by: SuperKing on May 09, 2014, 04:52:06 AM
Obviously
We need a revolution


Title: Re: Are there too many altcoins?
Post by: KSGuy on May 09, 2014, 04:54:35 AM
Quality over quantity any day of the week ;)


Title: Re: Are there too many altcoins?
Post by: Nxtblg on May 09, 2014, 07:26:52 AM
What do you guys think? I'm personally sick of this bullshit.

Yeah, there's a lot of crap but there's always room for more gems.

I'm pretty philosophical about it all because the altcoin scene reminds me a lot of the mining-exploration penny stock market. Fact is, only about three of every thousand promising properties will become paying mines - but no-one knows which ones will be the three! That's because the difference between a payer and an also-ran is pretty damn subtle...and exploration geology is tricky, highly inferential and full of guesswork. No wonder there are so many drunks in the field. :)

Yeah, I know that part of the stock market is shady and even scammy - but the trouble is, there's no other way for new producers to be found. A more "scientific" approach would have passed over most of the great producing mines that have been found in the last twenty-five years. So, it's a choice between scam-tinged chaos with mines, or rational planning with far fewer mines. That's the hard choice we face when the vital data is contained in huge slabs of rock embedded hundreds of feet (or metres) below very hard bedrock.

Case in point: Hemlo Gold. In its time, during the 1980s and 1990s, it was the biggest or second-biggest gold mine in North America. The property was first staked in 1930, but the stakers missed the mine deposit completely. It was staked again in 1979, and optioned by Noranda Explorations, but the project geologists came up with "dry" sample after "dry" sample. Their immediate boss, the district geologist, persisted only because of faith - until Noranda drilled hole #62 which found the deposit in 1981 or so. And the rest was gold-mining history.

But again, that mega-success story is a pretty rare bird in the field. As I noted above, a large majority of properties are "good tries" which end up undeveloped.

Here's an interesting similarity between exploration companies and altcoins: the exploration world has copycat plays too. If one company lands exciting on a property, other explorers scramble to stake and/or buy claims adjoining that lucky holding. The copycat companies are known as "area plays."


Title: Re: Are there too many altcoins?
Post by: rikkie on May 09, 2014, 07:27:59 AM
For me it's good that there are new coins coming up. But i find it so difficult (impossible) to know which one will stay.


Title: Re: Are there too many altcoins?
Post by: Amph on May 09, 2014, 07:33:46 AM
dunno what worse, altcoin or these thread that are popping out like altcoin itself


Title: Re: Are there too many altcoins?
Post by: BSIG on May 09, 2014, 08:04:20 AM



Yup I'm sticking with a couple coins.



Title: Re: Are there too many altcoins?
Post by: Samantha la on May 09, 2014, 12:24:36 PM
What do you guys think? I'm personally sick of this bullshit.

Have something interest, someone will always took pains to do


Title: Re: Are there too many altcoins?
Post by: naomoto on May 09, 2014, 12:35:50 PM
MORE are required,... but not cloning scams... 
New features,  more exploration and more mistakes should happen until we can have perfect coins.

Here Darwinism applies.  The market at some point will be overwhelmed and the weak coins will get extinct.
So... it doesn't matter if people never stop launching coins,  at some point there should be an inflection point and a lower coins will remain on top.
 


Title: Re: Are there too many altcoins?
Post by: MisO69 on May 09, 2014, 12:36:27 PM
I agree, its crazy with 10 new ones a day again. But it does give us something to do... Lets face it, pointing your sha256 asics at BTC and then waiting is fucking boring.



Title: Re: Are there too many altcoins?
Post by: proximator on May 09, 2014, 12:37:35 PM
Clone and fork are bad
But if some new alter coin suggest a different approach, then it is fine


Title: Re: Are there too many altcoins?
Post by: yanhongcheng901011 on May 09, 2014, 12:58:21 PM
Some successful people fail, finally left to right or minority


Title: Re: Are there too many altcoins?
Post by: Bbeenn on May 09, 2014, 02:26:43 PM
I just have4999coins.


Title: Re: Are there too many altcoins?
Post by: Samantha la on May 09, 2014, 02:49:16 PM
High yield of things, everyone will go to do. So the crooks had an opportunity ;D


Title: Re: Are there too many altcoins?
Post by: dogeunion on May 09, 2014, 03:00:29 PM
Very agree with you, I think that too much altcoin will be heavily diluted pool of funds, and there is massive fraud, a serious blow to the enthusiasm of investors.
Of course, I mean there is altcoin that is no any innovation.


Title: Re: Are there too many altcoins?
Post by: picolo on May 09, 2014, 05:09:13 PM
There are new altcoins everyday and most die within 3months


Title: Re: Are there too many altcoins?
Post by: drcoolix on May 09, 2014, 05:32:53 PM
The more altcoins the more chances to make some $$$v


Title: Re: Are there too many altcoins?
Post by: Bansheroom on May 09, 2014, 05:41:56 PM
Here are so many coins missing. How many countries have no coins? Must be hundreds alone! We have black, white and lame single color coins only, they will all be abandoned when black&white-coin or gree-blue-orange-coin come out. Whe have summer coin only, spring autum and winter coin are missing, i cant find a a coin for every religion also. How can you even ask? We need more coins! A real blessing is that all the easy to use coin-generators are getting cheaper and more every day!


Title: Re: Are there too many altcoins?
Post by: Wildwest on May 09, 2014, 05:45:51 PM
A gem is born.

https://bitcointalk.org/index.php?topic=554412.0


Title: Re: Are there too many altcoins?
Post by: picolo on June 11, 2014, 06:12:00 PM
Here are so many coins missing. How many countries have no coins? Must be hundreds alone! We have black, white and lame single color coins only, they will all be abandoned when black&white-coin or gree-blue-orange-coin come out. Whe have summer coin only, spring autum and winter coin are missing, i cant find a a coin for every religion also. How can you even ask? We need more coins! A real blessing is that all the easy to use coin-generators are getting cheaper and more every day!

Coins are fun but if you look at the altcoins market from a serious perspective most will disapear before the next US presidential election


Title: Re: Are there too many altcoins?
Post by: anujjain on June 11, 2014, 08:43:03 PM
I never understand why developer make new coins everyday. why not they just support old coins.


Title: Re: Are there too many altcoins?
Post by: skottiejay on June 11, 2014, 08:45:26 PM
What do you guys think? I'm personally sick of this bullshit.

Same to be honest, I bought into a few of the altcoins, some of the newer ones that looked like they might have a possibility to grow. I took a chance with it and I got burned, I'm tired of rip offs of other coin I don't know anything about how that looks for btc image wise. I'd imagine with each new altcoin it has to not look favorably on BTC because of how many of them are failing.

I'm sick of it, I'm over it. I'll mine the important ones, but that's it.


Title: Re: Are there too many altcoins?
Post by: picolo on July 02, 2014, 02:01:50 PM
I never understand why developer make new coins everyday. why not they just support old coins.

They build a new coin, get a quick profit and repeat ;) I hope it will end


Title: Re: Are there too many altcoins?
Post by: gondel on July 02, 2014, 02:35:34 PM
May be a time will come ( sooner or later) when no one will want to know about new coin released on the market . Only huge things around the old coins will be at the major focus of the public. Of course we are tired of all shitcoins nowadays. It was much more quiet back in 2013 .
BR
Gondel


Title: Re: Are there too many altcoins?
Post by: frenulum on August 28, 2015, 02:00:37 PM
Yes. There are too many.


Title: Re: Are there too many altcoins?
Post by: favdesu on August 28, 2015, 03:23:03 PM
yes, there are far too many altcoins with little to absolutely no value except for ICO scams or pump&dump schemes.


Title: Re: Are there too many altcoins?
Post by: Sylon on August 28, 2015, 07:30:23 PM
There is not at all too many altcoins. There is too many copycoins/shitcoins.

Always remember, altcoin=/=copycoin. NXT, Ethereum, Monero, etc. are altcoins. Dogecoin, Litecoin, etc. are just copycoins without innovation.
I will always be happy to see new altcoins coming, why should innovation in blockchain technology be banned ? Innovation is the best way to experiment this new technology, to create new projets around it.


Title: Re: Are there too many altcoins?
Post by: tyz on August 28, 2015, 07:35:06 PM
I don't think so. Most coin want to address a particular field to be a payment option. Similar like local currencies. 


Title: Re: Are there too many altcoins?
Post by: Davids123 on August 28, 2015, 08:22:04 PM
Yes too much Altcoins  >:(


Title: Re: Are there too many altcoins?
Post by: I Eat Babies on August 28, 2015, 08:51:25 PM
there are too many people complaining about too many altcoins.

it's completely out of your control.


Title: Re: Are there too many altcoins?
Post by: benthach on August 28, 2015, 09:12:27 PM
I never understand why developer make new coins everyday. why not they just support old coins.

they are not developers, they are scammers. the real developers and people who are know how to code already have their coin, all these new coins are coming out from get rich quick scam artist like bobsurplus and people alike.


Title: Re: Are there too many altcoins?
Post by: bit1 on August 29, 2015, 02:42:40 AM
There are coins enough, I think. The question is for how long?


Title: Re: Are there too many altcoins?
Post by: Boxyapple on August 30, 2015, 07:45:35 PM
I feel like there are too many alt coins but this is an opportunity for newbies to learn how to trade and understand the concept of it.


Title: Re: Are there too many altcoins?
Post by: Sir Alpha_goy on August 31, 2015, 01:12:50 AM
.


Title: Re: Are there too many altcoins?
Post by: bit1 on August 31, 2015, 03:17:47 AM
I feel like there are too many alt coins but this is an opportunity for newbies to learn how to trade and understand the concept of it.

The called "hard way"  = Losting time and money   , The newbies could read and read before of invest anything. And yes, There are so many altcoins but the major part of its not stay long time  just a privileged will do.


Title: Re: Are there too many altcoins?
Post by: dopecoindude on August 31, 2015, 03:30:06 AM
It's called hell.

You have to dig your way out of it.

All the community has to do is realize that only a few matter for the success of the crypto world and the nonsense ends.

Until then Game of Thrones continues.

Haha not sure if its hell ,but I guess that is one way to look at it....onward to the game of thrones...


Title: Re: Are there too many altcoins?
Post by: owm123 on August 31, 2015, 05:04:46 AM
I feel like there are too many alt coins but this is an opportunity for newbies to learn how to trade and understand the concept of it.

The called "hard way"  = Losting time and money   , The newbies could read and read before of invest anything. And yes, There are so many altcoins but the major part of its not stay long time  just a privileged will do.

Which ones, in your view, are the "privileged" coins that will stay for a long time.


Title: Re: Are there too many altcoins?
Post by: MyLucky7 on August 31, 2015, 07:40:22 AM
I feel like there are too many alt coins but this is an opportunity for newbies to learn how to trade and understand the concept of it.


I don't know how many is "too many". Every coin can be launched for its own reason.

So the problem is not "too many" altcoins. I believe the real problem is that there are still "too few" good and trustable altcoins available.


Title: Re: Are there too many altcoins?
Post by: neochiny on August 31, 2015, 07:54:10 AM
What do you guys think? I'm personally sick of this bullshit.

yes there are so many altcoins goings for daily.. but you cannot do anything about it.
because a lot of people are tryng for a big scam.
but not all of it is scam, some are really legit.. and gives income for some trader.
thats why no one can stop it.


Title: Re: Are there too many altcoins?
Post by: rokkyroad on August 31, 2015, 09:38:49 PM
Quote
Re: Are there too many altcoins?

Yes.

Deduct all the shitcoins and the number would look a lot better.


Title: Re: Are there too many altcoins?
Post by: Sir Alpha_goy on August 31, 2015, 09:51:02 PM
.


Title: Re: Are there too many altcoins?
Post by: Andrelvogue on September 01, 2015, 03:19:31 PM
What do you guys think? I'm personally sick of this bullshit.

Well tell us why u are a sick of this bullshit?


Title: Re: Are there too many altcoins?
Post by: nydiacaskey01 on September 01, 2015, 03:24:55 PM
Yes theres too many of them and some makes people think there's an opportunity to earn by investing in them through ICO. But after a few days... bubble burst