Bitcoin Forum

The frenzy has diminished, as illustrated by this chart of number of altcoin launches per month since Jan 2013:

https://i.imgur.com/zENEOo9.png

(Data from DOACC https://github.com/DOACC)

Thought there might be some broad interest.

Cheers

Graham

[dynamic, interactive version on Minkiz home page http://minkiz.co (ninja launch)]

Cool.  I definitely prefer things this way.

Hey, this is good news.

Any way to know how many coins die per month?

I think its become apparent that most new coins are scams or useless. This is a good thing because BTC will start to flow back into coins of substance, with any luck.

Very positive news.

It's good news, this community is more careful when dealing with new coins.

Why would the number of them drop?  I still see brand new ones all the time that get anywhere from 50-800 BTC.

Unless the scammers have made millions and can't be bothered anymore to keep it up.

look at my post activity / history ;)
my anti-shit-coin efforts matches that chart exactly !

i left for about 2 months when it spiked roughly rarely posting ever
and i came back and kept these scamming fuckers on the ropes hard.
i helped spear head an unrelenting effort to crush these cloning pricks.

i can't take all the credit, but i guarantee 100% i was a key factor in the scene on many web sites.
a newer trend popped up and that is being anti-clone .. because it's the cool in thing to do now
and why ?
Because prices of coins dropped.
If the coins did not drop in price a lot of these guys would still be arguing with me trying to defend and justify shit coins.
but they either cashed out sold their gpu's and left or are pretending to be converted to anti-shit-coin evangelists now lol

but if prices rocket back up for coins then we will see a new wave of shit coin cloning re-emerge i guarantee it !
the guys spouting of all the time they are against them are full of shit.. and they will jump back to supporting shit-coins in a heart beat.

These guys (the majority) have to be anti-shit coin now because market prices tanked across the board and it became obvious most guys left..
as i predicted.. non stop, every step of the way, day in and day out ..arguing every step of the way. (check my post history)
i was right and i predicted it to T !

The previous shit coin supporters doing it all for Lambo's HAVE be anti-shit coin now so they don't have to accept responsibility for killing the entire Market
and dragging Bitcoin down with it too !

I may sound like i am trying to take too much credit but hey guys.. look around you
how many of you have been with me side by side every single day since mid last year fighting shitcoin cloners and their supporters ?
naaaaaaaaaddddddddddddddddddddddaaaaaaaaaaaaaaaaaaaaaa
you all hid in the corner exploiting the situation while i take the brunt of the abuse for it !
I have had plenty of death threats and law suit threats and attacks of all kinds and i have never backed down !

Oh cool the age of Pandacoins is finally over

This is great news.

Too much coin has launched and most of them failed in the last few months.We don't need more coins but few very good ones.I am glad people are starting to understand it.

Less is more in this case.

Also lets everyone focus.

Cool fun fact

Shit coins deserve to DIE, every day there is a coin with nothing new and some people still mine that junk  >:(

Good sign for the seriousness of the existing altcoins.

This is only a temporary reprieve before the next massive upswing

This probably just means that the dilution attack was deemed a success and now things will move to the next phase.

The community has been taking active measures to raise standards, it's not infeasible that the effort has been successful in reducing the number of low-quality offerings, a reduction reflected in the monthly tally.

I didn't release this chart in August because I was concerned it might simply have been a transient dip but at the end of Sept it does now seem to be stabilising at a more modest level.

The current level of launches is running about 60-70 a month, that's two a day on average. Might that count as “all the time”? If so, there's your answer.

Cheers

Graham

Uh, no...

The smart devs have switched to launching assets on platforms like NXT...
The profits there are an order of magnitude greater than pumping alts.

So you are saying that horses are in decline because of higher "community standards"...
But, in reality, people are rapidly switching to big, fast cars.

I'm happy with this news, was getting too hard to keep up.

K.

I hate to be the bearer of bad news, but I strongly believe we are in fact in the consolidation phase, which will inevitably be followed by an even more bullish growth.
The market has matured, and the snake oils being peddled in the final quarter of 2013 and first quarter of 2014 had to be refreshed.
The handful of groups behind the majority of the 'currencies' being released will be back, stronger than before, armed with new implementations, asset solutions, ICOs, distributions and more.

I've always tried to leave them their ANN section and i kick back and wait for them to pop their head out then WHAM !

they can try and start a new wave of cloning but they better learn to duck LOL

anyway why fight them over it all in the ANN section when you can wait of them to creep out of their little hole ?
they will of course start off by coming to the main section for spamming / advertising (Monero Shill Syndrome)
and then run into a wave of disgust LOL

also i had speculated to myself i wonder how feasible a real attack was possible..
as in was there a group cloning simply trying to undermine crypto ?
ii have no idea but i find that hypothesis highly unlikely even though at times it may have seemed like it.

The problem is and was that you could make more money popping these out than to be contracted to make for others. The art itself of making and chopping cryptos can be mastered in a few days by any amateur but now the core of decentralized trading has disappeared into a scam heap.

I'm saying “not infeasible” and “reducing the number”, that's as far as I go. I'm choosy about my semantics. The phenomenon is inarguably multi-factor and it is implausible that the effort had no effect whatsoever.

I don't know about a mass defection of scamdevs to 2gen, doesn't fit the pattern.

Cheers

Graham

Edit: corrected tense

There has been a lot of assets though, but most have been very good