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Author Topic: Lets not create any more altcoin in 2015  (Read 1503 times)
sgk
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January 02, 2015, 11:32:30 AM
 #21

Please. This is getting ridiculous and it seems like there is no stop to it. There are so many coins for every single purpose out there..there is no need to create any more coin. If we keep creating altcoins it will never grow because new coins will replacing old ones and we'll be stuck in loop forever.

Haven't they slowed down yet?

I stopped talking interest in alt coins way back, I don't visit the [ANN] section now. But I thought the frequency of new coins releases had slowed down considerably. How is it now? a couple of coins every week?
General_A
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January 02, 2015, 11:40:42 AM
 #22

Please. This is getting ridiculous and it seems like there is no stop to it. There are so many coins for every single purpose out there..there is no need to create any more coin. If we keep creating altcoins it will never grow because new coins will replacing old ones and we'll be stuck in loop forever.

Haven't they slowed down yet?

I stopped talking interest in alt coins way back, I don't visit the [ANN] section now. But I thought the frequency of new coins releases had slowed down considerably. How is it now? a couple of coins every week?
Around about..... I am struggling to see where the money is coming from. The pot most have considerably dried up by now....

Pecunia non olet
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January 02, 2015, 01:57:46 PM
 #23

there are nearly as many coins released. Scam-rate is close to 100%

I predict in 2 months not a single dollar can be made on new coin release.

Right now only option is: go to the coins that survived until now and have community. Everything else will die.
New coins don't stand a chance now. Only coins with a strong community can make it now.

Crypty3
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January 02, 2015, 02:02:38 PM
 #24

there are nearly as many coins released. Scam-rate is close to 100%

I predict in 2 months not a single dollar can be made on new coin release.

Right now only option is: go to the coins that survived until now and have community. Everything else will die.
New coins don't stand a chance now. Only coins with a strong community can make it now.
I would vote something similar. But I have been saying this for a year now and somehow it keeps going. Though the money does seem to be drying up fast.
sgk
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January 06, 2015, 08:33:45 AM
 #25

there are nearly as many coins released. Scam-rate is close to 100%

I predict in 2 months not a single dollar can be made on new coin release.

Right now only option is: go to the coins that survived until now and have community. Everything else will die.
New coins don't stand a chance now. Only coins with a strong community can make it now.
I would vote something similar. But I have been saying this for a year now and somehow it keeps going. Though the money does seem to be drying up fast.

There are always new people joining crypto world and who think they 'missed' the bot on all popular coins, so they just get on the next train that promises them good return. And since they're newbies, they fall short of identifying scams from legitimate releases. They just think a 'new universal coin with awesome technology' will triple their investment.
shit coin
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January 06, 2015, 11:25:48 AM
 #26

there are nearly as many coins released. Scam-rate is close to 100%

I predict in 2 months not a single dollar can be made on new coin release.

Right now only option is: go to the coins that survived until now and have community. Everything else will die.
New coins don't stand a chance now. Only coins with a strong community can make it now.
I would vote something similar. But I have been saying this for a year now and somehow it keeps going. Though the money does seem to be drying up fast.

There are always new people joining crypto world and who think they 'missed' the bot on all popular coins, so they just get on the next train that promises them good return. And since they're newbies, they fall short of identifying scams from legitimate releases. They just think a 'new universal coin with awesome technology' will triple their investment.

Although Bitcoin has now fallen below $300 it's still too much for most newbies. They want to buy a new coin dirt cheap and watch it go to the moon like Bitcoin did. They end out stuck with a bag of shit coins.
sethminer14
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January 06, 2015, 04:25:30 PM
 #27

Haha well competition breeds innovation. Scamcoins suck, but occasionally there comes a coin with ideas that spread through all the alt-coins

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
♥ ♦ ♣ ♠ SATOSHIBTCET 100% Provably Fair Bitcoin Video Poker & Casino Games » In-Game Faucet ♥ ♦ ♣ ♠
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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January 06, 2015, 04:44:38 PM
 #28

Please. This is getting ridiculous and it seems like there is no stop to it. There are so many coins for every single purpose out there..there is no need to create any more coin. If we keep creating altcoins it will never grow because new coins will replacing old ones and we'll be stuck in loop forever.

Haven't they slowed down yet?

I stopped talking interest in alt coins way back, I don't visit the [ANN] section now. But I thought the frequency of new coins releases had slowed down considerably. How is it now? a couple of coins every week?

Yes, the release of new alts has slowed, we have some stats 'n' graphs on Minkiz:

https://minkiz.co/

... don't think they'll actually come to a stop any time soon Wink
spinnel
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January 06, 2015, 09:48:42 PM
 #29

Please. This is getting ridiculous and it seems like there is no stop to it. There are so many coins for every single purpose out there..there is no need to create any more coin. If we keep creating altcoins it will never grow because new coins will replacing old ones and we'll be stuck in loop forever.

Haven't they slowed down yet?

I stopped talking interest in alt coins way back, I don't visit the [ANN] section now. But I thought the frequency of new coins releases had slowed down considerably. How is it now? a couple of coins every week?

Yes, the release of new alts has slowed, we have some stats 'n' graphs on Minkiz:

https://minkiz.co/

... don't think they'll actually come to a stop any time soon Wink

The announcements section has really slowed down over the last few months. It's not often you see a new coin announcement there. Half a year ago there were endless new coin announcements each day.
Cryptonitex
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January 07, 2015, 01:28:06 AM
 #30

Isn't it now that with SuperNET certian ALT coins will take partnership with each other making less competition, and will hopefully remove those copy and paste coins?
bitcoin carpenter
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January 07, 2015, 04:18:34 AM
 #31

down with altcoins

the sun will rise over App Coins!!!!
if you arent using the blockchain to promote a new tech, than your garbage..

If your not actively using the technology behind your crypto investment,

IT IS A SCAM!!!!
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