WHy the fuck so many alt coins?

[BTCGOLD]

i don't know why so many altcoins are launched ,but some altcoins are vanish in after some  days after it launched.

Altcoins arise mainly from the greed of people who create them. A large majority of altcoins has no use and is created only to make pump&dump, thats why we always have to check the project very well before investing.

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[hongus]

I will not speak with you. If projects were created with high standards. That such a fall in prices would not be. Now projects do not reach out and are practically not suitable.

If investment in alt-motive coins stops, will the market improve? I think this will not be ..

[laredo7mm]

This happened because there were a lot of projects that died due to declining market conditions and in my opinion the market is currently in a bad condition. ico also has too much fraud and makes a lot of garbage tokens

[semobo]

Because so many people have the dreamer becoming satoshi nakamoto by creating their own cryptocurrencies.

[red4slash]

Because so many people have the dreamer becoming satoshi nakamoto by creating their own cryptocurrencies.

maybe what looks like that everyone dreams of becoming Satoshi Nakamoto but if viewed from another perspective, I see the development of crypto in the emergence of altcoin because each project has a purpose that

[mangsitin]

Because they want the benefits of each Bitcoin price increase, they make trading partners with Bitcoin, so they can manipulate prices on the market, because they have their Coins in their hands. So that it is currently being followed by the ICO project which is very much arriving every day.

[mariogomer]

Most of the Altcoins will be destroyed in the future. Too much Altcoin is hurting the market.
I'm sure whales will be happy with this situation and it will be easy to confiscate these savings.

[GGmith]

I think the presence of a new altcoin is quite useful, making it easier for everyone to buy at a low price, but there is also a negative side like many new altcoins that have no selling points and no further developments.

[Sarjana Muda]

Because it's too easy to make and many coin seekers are seen from current bounty enthusiasts..

[sky9314]

Creating a new Altcoin is not only simple, but also has no cost, so it is favored by many scammers. It is not that we need so many alt coins, but scammers. In fact, many of them are shit. I believe that most of the Altcoins will die in the future, and the Altcoins that can survive will not exceed 10%.

[emberbekas]

Creating a new Altcoin is not only simple, but also has no cost, so it is favored by many scammers. It is not that we need so many alt coins, but scammers. In fact, many of them are shit. I believe that most of the Altcoins will die in the future, and the Altcoins that can survive will not exceed 10%.

When there are opportunities and holes to be exploited, scammers will try to benefit from it and is no exception to the cryptos hype. The number of alts is now very large and most of them will definitely be forgotten. Market selection will only leave coins that really have a vision and mission, along with continuous development. Not only alts from scam projects will be gone, alts from real projects with minimal development will certainly disappear too.

[semobo]

Because so many people have the dreamer becoming satoshi nakamoto by creating their own cryptocurrencies.

maybe what looks like that everyone dreams of becoming Satoshi Nakamoto but if viewed from another perspective, I see the development of crypto in the emergence of altcoin because each project has a purpose that

There were hundreds of projects launched by teams everyday but most of the team's purpose is to make money from their projects,only few team have the purpose of making their crypto into the real life usage,hope to see some of then in 2019.

[cr7]

i don't know why so many altcoins are launched ,but some altcoins are vanish in after some  days after it launched.

And some do not enter the market at all. Simply put it were scammers! It's a pity for investors, but on the other hand it's good that the market is self-cleaning!

[nreal]

Because many ICOs are being born. I think instead of complaining and wondering, "there are too many coins" why don't you focus on the coins you care about.

[Ryananda]

being rich is everyone's dream, so in terms of looking for wealth, it takes intelligence both in terms of making altcoins and other things, we cannot stop every step of the person who wants to go forward and seek wealth.

[distr@yopmail.com]

being rich is everyone's dream, so in terms of looking for wealth, it takes intelligence both in terms of making altcoins and other things, we cannot stop every step of the person who wants to go forward and seek wealth.

in fact they don't only talk about wealth. some of the many altcoins are now a result of industrial developments that are beginning to become interested in crypto technology. or market demand that asks some industries to keep up with this development, because they know that there will be many interested people who can give him an advantage.

[FUD Expert]

Why?

People want to get rich?

Bankers want to bring down the bit coin system, by flooding the market with alt coins?

Just stop creating more alt coins!

Blockchain is like the internet. People will create websites of they own to advertise and promote their products and services. But I got to agree that the effect of many altcoin is different from websites. Many websites created means that there's a great opportunity in it but many altcoins means many investments lost is failed projects.

[darewaller]

Why?

People want to get rich?

Bankers want to bring down the bit coin system, by flooding the market with alt coins?

Just stop creating more alt coins!

There seems to be a bit of bad rep about the number of coins in the recent couple months. I have started to see more and more topics of how new coins are bad for business and whatever constantly, that is not to say people are wrong about the subject but they should realize that ICO and new coins are not a new thing.

Back in the day ICO wasn't a deal but people created their own coins constantly and premined almost half of the coins themselves as a means to make money later on and just published the wallet like a start and than manage to get people to use that coin instead and they would sell their coins small by small to make the funds needed.

All of the big coins you see started that way and wasn't a big problem considering for every big coin like eth there was a thousand useless coin. This is not a new thing and the only difference is now people need to pre-fund something before it comes out, so if they stop funding bad ones we will not have this problem at all.

[maaldaz]

I had ever meet something or project that saying that if they join them, there is a possibilities that they could create their own personal coins for themself without having to struggle with the code or something like that. I believe that is one of many reason why there is so much coins available.

[plr]

Not really people but organizations and companies since creating a token is now very easy and it is open source, anyone can create their own token for their organization and companies, and because of this we will see more tokens in the market that are attached to a company or organization.