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Author Topic: Why so many altcoins?  (Read 8023 times)
borjois56
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June 11, 2018, 05:16:57 AM
 #1401

Why so many altcoins releasing in the market?

now altcoins are much in the market release, but all that does not matter, people race to make a coin to get to the advantage, we only choose where altcoins are good to buy

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June 11, 2018, 05:18:46 AM
 #1402

They are many altcoin because every altcoin they have their own platform.A coin that has specific uses,usually they have vision and mission to reach the value they want.The creator or the devs want profit or to help others by using their coin and the coin of their blockchain.We have many altcoins and tokens now but no one coin can reach what value of bitcoin was..

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June 11, 2018, 05:22:52 AM
 #1403

Because the blockchain technology is booming, So more organizations and individuals have joined in
You can imagine how many stocks and listed companies are in the world, This way you know that there are more tokens or altcoins.

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June 11, 2018, 05:28:27 AM
 #1404

Why so many altcoins releasing in the market?
Yes, the new altcoin is constantly being born. Because, they are the effective utility, meet the urgent needs of users, benefit the business, society, economy, production. But its quality needs to be tested and considered or it is the game of investors that they are not interested in users who really need it. More and more organizations and teams abuse the "meaning and purpose" of the ICO to act badly for the money of investors.


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June 11, 2018, 05:31:47 AM
 #1405

Better to trust the old one the top rated altcoin ETH.

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June 11, 2018, 01:00:11 PM
 #1406

There is a very understandable desire to make more profit or to create something that is as powerful as the bitcoin which is why everyone tries to come up with own ICO project.

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June 11, 2018, 01:10:20 PM
 #1407

There are so many altcoins because of people who are launching these coins for business purposes. They are promising many uses of their coin to attract investors and if their project becomes successful it will be in the market and investors will also benefit from it. The value of the coin will get higher thus more investors will invest to the coin.

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June 11, 2018, 01:16:18 PM
 #1408

Why so many altcoins releasing in the market?
I think with the development of the current altcoin project is another way to increase the financial of the developers or investors involved in it. It is in great demand now and it is getting more and more

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June 11, 2018, 01:17:09 PM
 #1409

There are so many altcoins because there are so many people building blockchain projects and if you understand blockchain project is been fueled by these coins and the coins are been listed on the exchanges, so that's why there many altcoins.

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June 13, 2018, 01:53:05 PM
 #1410

The number of altcoin in the market is caused by the developers who always have an idea to bring up a project in the world of cryptocurrency. But more and more types of altcoin in circulation does not mean the world of cryptocurrency is getting better. Because there are many altcoins in trading exchange that have small exchange rates and few enthusiasts. Smiley Smiley

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June 13, 2018, 01:59:55 PM
 #1411

Many Altcoins are there because they want to raise funds for their projects, some are good genuine ones and some with bogus intentions who take the investors money and vanish. So be very careful when investing in Altcoins, read and study their projects before you dive in.

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June 13, 2018, 02:09:13 PM
 #1412

Many copycat coin projects. Many of them are put together in a hurry just to raise ICO money from investors. This always happens in hot markets and only increases over time. They are only used for pump schemes and disposal and when the coins start to die. The developers only take advantage of the market and those who invest in the coins face huge losses.

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June 13, 2018, 02:20:52 PM
 #1413

Altcoin continues to show that cryptocurrency continues to grow. many developers or big companies are interested in crypto and make their own ICO. now altcoin is a very promising business, which is why altcoin continues to grow and grow.

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June 13, 2018, 02:21:30 PM
 #1414

The cryptocurrency market has been growing in recent times. According to the ICO project, the appearance of many altcoin. The increasingly diverse altcoins indicate that the market is growing. Investors will massively use the new altcoin as their trading and investment tool. In the future, I think there will be more altcoin appear more, helping the cryptocurrency market grow stronger in countries around the world.



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June 13, 2018, 02:22:13 PM
 #1415

Well why not? Everybody is trying to get some of that Bitcoin hype and capitalisation. Also although most of them are useless there are some pretty interesting ones that might actually be helpful.

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June 13, 2018, 02:36:34 PM
 #1416

Because life has many areas. Each field has its own array, and coin creation is the way they call capital for it. That's why there are so many coins Smiley

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June 13, 2018, 04:11:52 PM
 #1417

altcoins many releasing in the market because there have been many people or companies who see a good opportunity in altcoins so they also want this moment not just off and they not wrong

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June 13, 2018, 05:03:20 PM
 #1418

There are too many altcoins, just because too many people want to make as much money as possible and There are too many altcoins because most are made for different purposes, some of which are made to protect the user. Just like Ethereum, one of its aims is to allow people to create more tokens based on them, and the other just to create a new era of decentralized markets.
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June 13, 2018, 05:17:49 PM
 #1419

Most of the altcoins out there are just copycat,  and to make quick money then dump on investors,  I'm in support of regulation of crypto world, there are so many scam Ico projects out there, whose intentions are to dump on investors

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June 13, 2018, 05:56:43 PM
 #1420

In my opinion, there are many altcoin releases on the market which are pretty much altcoin scams. Investors should carefully learn and consider investing in any altcoin to avoid future losses.

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