why do i suspect...

[person1029]

that there is one or a few groups of people mass creating a lot of these new altcoins

not to be negative about new coins, but i am curious if this is just the same group of people popping out coins with new accounts.

And i am only talking about the ones which receive negative feedback or suspect of being scams.  If im wrong that's good i guess.

[johnmatrix]

Sure , i think every person who makes a new coin he  surely makes 90 percent of the time a second one and probably a third one.

[ronald98]

There are plenty of respectable devs who make multiple coins. The digital coin dev also made secure coin. They have been around for a while now, so they are not pump and dump coins.

[mazuma]

Aside from the few good "devs", majority are indeed created by the same people who are invested indirectly or directly in Asics, they need ROI on there machines.

[hilariousandco]

If idiots keep mining them and the devs keep making money from the idiots then why wouldn't they keep making new coins?

[BitCoinDream]

If idiots keep mining them and the devs keep making money from the idiots then why wouldn't they keep making new coins?

That is the ultimate point ...LoLz