Do we really have enough 'cryptocurrencies'?

[Spoetnik]

I see having more cryptocurrencies as healthy competition. In which everyone wants to differentiate from each other in order to become the one coin we will be using in the future to buy our groceries and such. This competition to become number one will result in more technical innovations which will all be adapted by the one coin we will use in the future.


People losing money on crypto now should just go home and stop acting like they are wolfs on wallstreet. Don't invest money you cannot afford to lose.

This isn't wallstreet and creating thousands and thousands of coins is retarded.
There is more ANN topics here than people logged in at once daily.
So when it comes to the ACTUAL POINT OF A CURRENCY.. no it's pure fail.

Wallstreet is regulated.. this is just a scammy digital pyramid scheme charade.
Don't confuse the two profiteers.

[jpoker272727]

Never is enough because many things are yet being developed and many cryptocurrencies are just as copy paste of others (mostly) and what's the difference is the logo, the description and maybe the team.

The main concern is to make money and probably put the people in a game to invest there and maybe scam them by dumping the price until 1 satoshi which we have seen this scenario many times.

At the other side is good to see that there are many cryptocurrencies because are giving some unique features and this is increasing the competition between them.

[Armstand]

Never is enough because many things are yet being developed and many cryptocurrencies are just as copy paste of others (mostly) and what's the difference is the logo, the description and maybe the team.

The main concern is to make money and probably put the people in a game to invest there and maybe scam them by dumping the price until 1 satoshi which we have seen this scenario many times.

At the other side is good to see that there are many cryptocurrencies because are giving some unique features and this is increasing the competition between them.

That's why there are a lot of new increasing alt coin,they were developing and having a potential in the near future,people dont have contentment, therefore there are more who will be interested on creating new one again .

[jpoker272727]

Never is enough because many things are yet being developed and many cryptocurrencies are just as copy paste of others (mostly) and what's the difference is the logo, the description and maybe the team.

The main concern is to make money and probably put the people in a game to invest there and maybe scam them by dumping the price until 1 satoshi which we have seen this scenario many times.

At the other side is good to see that there are many cryptocurrencies because are giving some unique features and this is increasing the competition between them.

That's why there are a lot of new increasing alt coin,they were developing and having a potential in the near future,people dont have contentment, therefore there are more who will be interested on creating new one again .

Creating new altcoins has been easy or at least if you have the right money an altcoin can be created within a short period of time with a small team.

But what happens is the people want to become rich immediately without thinking about the future, about the roadmap and the long-term goals of that altcoin.

[Mazt rhiezt]

Actually for now it is more than enough, with evidence that many ordinary people now become very rich after getting to know the crypto world. It can be said that the value of new coins in the world of crypto is very cheap when compared with other investments due to the rapid increase altcoin. It keeps growing. And certainly will continue to increase the value of BTC and ETH if we continue to let them follow our lives until later.

[CryptoDatabase]

There are over 20,000 coins out there, I would say that is more than enough and way too much. All of the world currencies combined and multiplied by 1000 still don't come close to the amount of cryptocurrencies there are.

[Spoetnik]

I've heard the retort "innovation" used for years.
Ok , fine.. I'll play along LOL

Get this guys
You can actually go take one of the thousands of EXISTING coins and use that to mod the code and add all this uber leet innovations i am always hearing about.

There is no need to create a new coin most of the time.

So why would you ?

Duh.. so you can be Satoshi and get the coins for almost free (then wait till it goes up and dump)

Quit playing stupid guys.
You are not smart and Earth gove 0 fucks.
You are not fooling anyone.. sure as hell not me LOL
I've heard it all !

I had the HYPE dick heads feed me excuses for example about the High Stake POS coin they unleashed for example and i told them if you needed to run an "Experiment" then why didn't you use Test Net ?
Why did you have to release a scammy clone that mimic'd CENT/Pennies ?
I told the idiots YOU KNEW DAMN WELL WHAT THE RESULT WAS GOING TO BE.
There was no reason at all to create another version of it and have it added to Poloniex.

The crew behind that one was the Poloniex / Monero crypto-MOB.
You will see the same "crypto friends" supporting the same exact coins running the same scam over & over.

I know one well known guy who invited me in on premining the coin with his friends.
I said no thanks of course but yeah.. added to Poloniex of course.
You'd kind of have to wonder why ?
Why is Polo willing to add all this crap ?
Why did they add XMR markets when Monero came out ?

You idiots out there don't realize you are simply bafoons being played by cartels.
Organized groups that run the show here all along..
You will see them against me or siding with me depending on which coin i "FUD" too.
But at the end of the day it's all still the same usual suspects making endless coins for profits.

And since you CAN co-opt the dregs of society with chump change the bullshit keeps rolling on.

If you don't see the facade going on you are fucking blind.
You didn't need to be here YEARS watching all these guys to see the bullshit going down.

There are no excuses for making an endless stream of new coins.
You are not fooling anyone.
It's a circle jerk for the already co-opted dregs here.
Preaching to the profiteer choir is a waste of time.

You think 99% of planet earth consider an ICO coin #5,432 legit ?
Innovation ? "coin" ? ohh that is rich hahahaha LOL  

[akirasendo17]

we have lots they just hold it , and im sure until now they are holding it

[xuan87]

I think we already have enough crypto currencies,in fact we already got too many coins, it caused the alt coin potential grow become low because the investment is spread all over the coin, and some of the coin doesn't got anything to attract the crowd, we need only few crypto coin but a strong one with different features

[adhitthana]

The more the merrier. The more experimentation the better

[Spoetnik]

The more the merrier. The more experimentation the better

As a greedy profiteer then you guys should see the pros and cons of the matter.

Pro = Less coins means the people buying coins would have to buy an existing one and not a new one coming out soon.
AKA: Market saturation is NOT a good thing  
Your profits are diluted.. you enjoy your Coke a Cola watered down 90% ?

Con = There is negative consequences from creating too many.
Do i need to outline them yet again ?
If i am going to get ignored then there is no point is there ?  

Your comment is like saying a bullet in the head is good..
And uhhhhhhhhhhhhhhhhh why now ?
ahhhh i see........ cause you said so LOL

And "experiment" ?
With what different meme jpeg's ?

Doing the same thing over & over and expecting a different result means what now ?
Not sure why but you all elected me smartest person in crypto.
No one else is saying what i say. 

[chineseprancing]

My crytocurrencies was enough for my needed, but for the other purposes I think my crytocurrencies was not enough. However, I have made investment for the future needed I have earn crytocurrencies.

[scribbles]

Yes, yes, yes and YES!

Over a 1000 crypto's? Yes it's enough, gimme 10 to 50 great ones and kill off the rest please.

[Spoetnik]

What happens when you print too much money ?
Saying the more the better ?
And you are an investor ?

This place houses the stupidest people on the face of earth. 

[wnfmzm74]

yeah,you can see that more new coin release,
but you also should know that more old coin is died
no team to develop,it's so normal

[Spoetnik]

yeah,you can see that more new coin release,
but you also should know that more old coin is died
no team to develop,it's so normal

People have said that about Litecoin for example.. and it worked all along.
And all along 100 gazillion times i told the idiot greedy retarded "investers" that..
It works.
So you use it morons.

In crypto if you don't keep changing the code they cry that the coin is dead.
Does it work ?
Then whats your problem ?

I know what it is.. you are greedy profiteers looking for some big announcement to get you thinking the coin will shoot up in price over night.
It has nothing to do with a coin being usable or not.

And being a coder myself i know that constantly changing working code is asking for problems.
If it works your best off just leaving it the fuck alone.
It's too easy to get carried away screwing around with shit and make things worse.
Hell half the programs i have on windows i stopped updating years ago because dev's fuck them all up.

I've posted this retort a 1,000 times.
You all post the same dumb shit and i rape it.
Your little retorts are dead and i am smarter than all of you combined.
I have your whole play-book memorized.
I know all your defenses and know what you are going to say before you do !

Like shit look at this NOOBS quote i posted then look at the topic title then look at one of my last comments on this topic..
Uhhhhmmm we need more & more coins why ?
Because old coins are dead ?
What in the fuck did i just say ?
Uhh go update the old coin and take it over ?

LOL

There is no retorts you haven't posted that i have not already demolished over the years.
Hell even if you simply wanted money the very idea of making too many coins conflicts with that too.
There is literally no upside at all to making "the more the merrier"
It does no good for anyone regardless of their agenda.

What crypto needs is not more coins but smart people because the intelligence level is shockingly low.
Don' believe me ?
Well, then go read the "road map" and white paper for FIAT.
Yup it's dead too ..no "innovation"
and it's not "fun" either.  

[2bfree]

Freedom and the free market are the answer to alt-coin. Maybe we have to many and maybe we have to few. Let the free market decide! That's what freedom is all about!

[CryptoDatabase]

yeah,you can see that more new coin release,
but you also should know that more old coin is died
no team to develop,it's so normal

People have said that about Litecoin for example.. and it worked all along.
And all along 100 gazillion times i told the idiot greedy retarded "investers" that..
It works.
So you use it morons.

In crypto if you don't keep changing the code they cry that the coin is dead.
Does it work ?
Then whats your problem ?

I know what it is.. you are greedy profiteers looking for some big announcement to get you thinking the coin will shoot up in price over night.
It has nothing to do with a coin being usable or not.

And being a coder myself i know that constantly changing working code is asking for problems.
If it works your best off just leaving it the fuck alone.
It's too easy to get carried away screwing around with shit and make things worse.
Hell half the programs i have on windows i stopped updating years ago because dev's fuck them all up.

I've posted this retort a 1,000 times.
You all post the same dumb shit and i rape it.
Your little retorts are dead and i am smarter than all of you combined.
I have your whole play-book memorized.
I know all your defenses and know what you are going to say before you do !

Like shit look at this NOOBS quote i posted then look at the topic title then look at one of my last comments on this topic..
Uhhhhmmm we need more & more coins why ?
Because old coins are dead ?
What in the fuck did i just say ?
Uhh go update the old coin and take it over ?

LOL

There is no retorts you haven't posted that i have not already demolished over the years.
Hell even if you simply wanted money the very idea of making too many coins conflicts with that too.
There is literally no upside at all to making "the more the merrier"
It does no good for anyone regardless of their agenda.

What crypto needs is not more coins but smart people because the intelligence level is shockingly low.
Don' believe me ?
Well, then go read the "road map" and white paper for FIAT.
Yup it's dead too ..no "innovation"
and it's not "fun" either.  

Without these coins BTC wouldn't have anything to be traded against outside fiat and would be worth way, way less so you are just spouting nonsense straight out of your ass like you normally do.

The only thing you have right is the amount of dumbass retards on this forum and you are one of them.

[Spoetnik]

Nonsense ?
You didn't refute anything i claimed.
The two of you simply tried two more angles.
I'll give you some credit though your attempt was creative yet still a fail though.
I don't think i heard that one yet because it's blatantly stupid in so many ways.

The Noobs retort was a cliche though.. i played the "Free market" dance already LOL

So uhhhh ?
By your assertion the more bullshit pointless shitcoins we make the more Bitcoin will go up in price huh ?

Get crackin' boy & girls you heard the man  

[CryptoDatabase]

Nonsense ?
You didn't refute anything i claimed.
The two of you simply tried two more angles.
I'll give you some credit though your attempt was creative yet still a fail though.
I don't think i heard that one yet because it's blatantly stupid in so many ways.

The Noobs retort was a cliche though.. i played the "Free market" dance already LOL

So uhhhh ?
By your assertion the more bullshit pointless shitcoins we make the more Bitcoin will go up in price huh ?

Get crackin' boy & girls you heard the man 

Basic economics shouldn't have to be explained on a forum that is based on financial creations.. If you want someone to hold your hand and guide you through it like a child then I would recommend using Google, they will help you with anything you want to know about what I said.