why so many altcoins?

[tazmantasik]

it's possible that many people want to take advantage of the creation of a new altcoin 

[deean_3one]

Altcoin very many kinds. However, Bitcoin is one of the most popular virtual currencies in the world. Because Bitcoin has the fastest and highest price movements compared to others. Ethereum who occupies second position, Then there is Litecoi. In addition there are Namecoin, Swiftcoin, Dogecoin, Emercoin, Gridcoin, Omni, Primecoin, Ripple, Burstcoin, Dash, MazaCoin, Monero, NEM, Nxt, PotCoin, Ethereum Classic, IotA, SixEleven, Decred, ZCash , ARK Ecosystem, Bitcoin Cash, and most recently Ubiq. All have their own function and value. Not all altcoins have a high value.

[aldrin6697]

The web is so big that ideas pop up everyday. Altcoins can be from someones's mind he want to share to the world his ideas in which we can support him/her buy buying its supply for it to have value to have a capital and develop and continue in what we believe to be his dream.

[birra guzez]

Lots of altcoins are just shitty coins that were just made to be pumped and dumped and get their owners and developers richer . The only altcoin that is useful is the ethereum since they create tokens from it and thus it has a true utility . But people should invest in at least t coins to be sure of being safe even if bitcoin falls and cover their losses , and eventually profit of those coins if they grow in value.

[ChrisCollins322]

The web is so big that ideas pop up everyday. Altcoins can be from someones's mind he want to share to the world his ideas in which we can support him/her buy buying its supply for it to have value to have a capital and develop and continue in what we believe to be his dream.

but also u need always be carefully cause much of ICO's just a scam companies

[mpufatzis]

There are more thna 1000 cryptocoins and there will be many more in the future.
Since they are open source a 10 year old child with some programming knowledges can using 'copy and paste' to create a new crypto.
Some of them worth buying but the majority have no future.
There are some people creating them with the hope for quick money....

[cappieman007]

people used to freebies. For all sorts of bananas start projects. Yes these ppl were useless. Though of course it is good that you can earn.

[Noore Najjar]

hello!

why are there so many coins to choose from, do they really each have something unique about them?

The answer is simple: those Bitcoin is not perfext. Furthermore that is the reason Numerous  Altcoin is made , For example,. Anonymity , security , faster confirmation speed or Significantly “environmental sustainability”. To example, Litecoin expects on settle on transaction affirmation much speedier over Bitcoin. Dash Also Monero are Altcoins that concentrate on the anonymity, settling on it basically incomprehensible on connect transactions for wallet clients.

[Lang09]

Alt coins are also a type of cryptocurrency similar to Bitcoin. The reason why so many alt coins are coming out today because they have seen Bitcoin have been successful and have recognized it all over the world. If you are planning to invest in alt coins, choose carefully because not all alt coins have a good future, some of them are made to be fraudulent.

[samarahewasht]

 the first crypto currency created, the Bitcoin, is not perfect.
And that is why many successful Altcoin are created to become improved versions of Bitcoin, focusing on certain features, such as:
anonymity,security,Confirmation speed Or even “environmental sustainability”.

[Jest3r]

hello!

why are there so many coins to choose from, do they really each have something unique about them?

They try to replicate Bitcoin and make a new coin better.

But all of us now who is the boss here.

[indrakusumaindra]

hello!

why are there so many coins to choose from, do they really each have something unique about them?

First why there is so many coins cause there is many people that started to trust blockchain technology as the new approach for new businesses.  second my answer is yes, every coins have a unique project that they are trying to do. you can find it on google if you are curious about each coin in the market cause it might broaded your knowledge about a new and unique business.

[VeeraS]

hello!

why are there so many coins to choose from, do they really each have something unique about them?

some yes some dont. depending on what developers lift as ideas, benefits, usability and technology. this is enough to affect the value and future opportunities on the token coin. all you have to do is search a lot of knowledge about altcoin.

[twobits]

hello!

why are there so many coins to choose from, do they really each have something unique about them?

They try to replicate Bitcoin and make a new coin better.

But all of us now who is the boss here.

There will be more project to do a research how to resolve the scalability. i called that as another useless improvement. They are competing to reach the more demand by the crypto users. The fast transaction and cheap fees become the key in this moment.

[gallery2000]

There are so many coins because they organize a lot of ICO on the ETH platform. In the future, new ICOs will be launched, where they will be on other platforms. Competition is growing, choosing the right Altcoin is difficult

[Applechild]

That is the way man reasons. A set of people will work hard to give birth to an idea and all of a sudden when the idea start making waves, others will copy without restrictions and the original idea will start losing value.

[ritsel02]

After bitcoin too many cryptocurrencies have been created.Some are trying to innovate bitcoins,others have different goals and properties, some are just almost the same as bitcoin and some are just shitcoins. Each value also depends on the developer of the coin and the community supporting it.

[sleblanc1469]

Often altcoins are all about generating a huge amount of profit for the creator very fast. But among them we can find working well product with good team behind.

[Synaesthesia]

Because there are many teams wanna get profit when releasing the tokens. But I think that also creates the oppotunities for investors can invest in them and get profit

[carlowell]

Blockchain technology is free to use, edit, reuse and re distribute so developers and organizations that knows how to use and run it can make their own cyrptocurrency network so that's why there are so many cyrptocurrencies and ICOs today because at the moment there are not regulated in order to launch another flavor of a coin.