number37 (OP)
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June 07, 2013, 08:26:58 AM |
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does not make sense to me...
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Lethn
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June 07, 2013, 08:30:46 AM |
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It's called a free market ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Pokerfan
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June 07, 2013, 08:31:42 AM |
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People make new coins hoping to sell them and make easy money.
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worldinacoin
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June 07, 2013, 08:31:55 AM |
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There is a lot of experts here who do this as a service. Therefore those who can pay get their alt coins, a lot had come out, more to be out I guess.
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homad
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June 07, 2013, 08:47:51 AM |
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THCoin ..get it
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hotbabe
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June 07, 2013, 08:58:50 AM |
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Most of them will fail, but it's always a good bet to go on such a alt coin...
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jonnylatte
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June 07, 2013, 09:06:04 AM |
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I consider it a good thing that they are being developed and that most are failing. If one succeeds then it must offer something better than what bitcoin provides or it must offer something that bitcoin doesn't. The ones that fail prove that bitcoin is competitive. That doesn't mean that bitcoin will fail if one or more alt coins succeed since there is a huge market for these currencies to grow into. It also means there is some place for miners to go when they are out hashed by ASICs.
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thecoinmaker
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June 07, 2013, 09:17:51 AM |
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Different coins, different flavours.. yum yum yum
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sealberrder
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June 07, 2013, 09:41:38 AM |
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you never know, maybe after 1000th tries something interesting emerges. So keep trying...
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bitbitcoins
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bitbitcoins.com
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June 07, 2013, 09:44:05 AM |
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good question
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thecoinmaker
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June 07, 2013, 09:44:33 AM |
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you never know, maybe after 1000th tries something interesting emerges. So keep trying...
I am coding some, will release here soon.
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robertsu
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June 07, 2013, 11:07:32 AM |
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when I wake up, tehre will be more new coins? heheh who will pay for all of them hmmmm?
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thegamekind
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June 07, 2013, 11:27:46 AM |
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people want to create a coin some fail some succeed
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bumpk1nK
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June 07, 2013, 11:37:59 AM |
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Most of them will fail, but it's always a good bet to go on such a alt coin...
mining when not on exchange as well as buying when on exchange is like gambling - you pump the money to black hole wishing you score one time!
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dc98wdHhcjkwleHUnBce8gd87teibN9ys38y3uTgsHG02e9-ok my keyboard works! Insurance is a ripoff.
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JSMill
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June 07, 2013, 12:17:29 PM |
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Greed
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Amph
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June 07, 2013, 12:23:12 PM |
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cuz we poor guys with vga can't mine bitcoin anymore
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mprep
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In a world of peaches, don't ask for apple sauce
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June 07, 2013, 01:18:23 PM |
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Because many 12 year-olds want their own coin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Svennisen
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June 07, 2013, 01:34:28 PM |
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Because people want to: 1. Create new coins and hoping for them to become popular. 2. Creating new coins to scam newbies to digital currencys. 3. Other coins get popular cause miners who cannot afford a btc mining rig starts mining alt coins instead.
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Got help from me? Feel free to tip me ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) BTC: 13hrdpUSJWhe2n4g4kTSHEx4GYUF9v5CU3
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mack00
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June 07, 2013, 02:09:01 PM |
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As noted in the first response, its a symptom of the free market. Considering the amount of press, financing (lot of silicon valley action now), and increase in volume/value of Bitcoins over the last six months, it was only a matter of time until someone said "Hey I can do that too".
Bitcoin has a big head start but there are some heavyweights with a lot of money behind them (Ripple). Competition is good for consumers (us) though because it forces the producers to increase their product value either through efficiency or innovation.
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Eva Braun
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June 07, 2013, 02:11:16 PM |
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People like alt coins thats the short answer.
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