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Author Topic: too many alternative coins  (Read 2263 times)
cerleo
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December 29, 2013, 10:21:06 AM
 #21

Yes,this seems to be the case as there is a lot of pump and dump.It looks like quite a lot of this alt coins will diminish at a time.
CaptainBeck
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December 29, 2013, 10:28:50 AM
 #22

i agree there are too many.... they are ruining the normal bitcoin price without them the price wouldnt go down so much...

Agreed, so many of these coins are made with little thought and innovation, premined to death, thrown away in "Free handouts in the alt forums" and then dumped quickly. Everyday right now i must see atleast 2 or 3 new coins being posted. This cant be great for a community still trying to get a footing in the big wide world having all these shit alt coins.
cerleo
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December 29, 2013, 10:31:50 AM
 #23

Yes,I agree-there are really a lot of alt coins and new ones being introduced.This may not end up good as I see it.
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December 29, 2013, 11:21:10 AM
 #24

@Mischu1989 It's a possible explanation however everyday there is a new alternative cryptocurrencie.
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December 29, 2013, 11:24:51 AM
 #25

Hey, i would like to know what´s your opinion on all the alternative currencies, do they really have a future? I really can´t look at this alt coins seriously... Hamstercoins, Catcoins...

Is there any possibility that a coin like catcoin or dogecoin is able to withstand?

There will always be new coins as people just try to profit or get rich quick off them and then move on. The only alts that will survive as currencies are those that can get some merchant adoption behind them, which very few have managed so far.

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cerleo
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December 29, 2013, 11:36:47 AM
 #26

Yes,it seems that a lot from these coins will diminish.I suppose some of the coins may go up as they have good support,but I can't say that for the others.
blackheart13
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December 29, 2013, 11:42:14 AM
 #27

Makes you want to buy $100 worth of them & just let them sit. If even 1 or 2 hit its solid getting in early
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December 29, 2013, 11:50:06 AM
 #28

Over 100 coins on cryptsy... It's insane!
I think there will be no more than 10-20 coins that have support for more than 2 years and maybe 5 that have support for 5+ years.

The only reason those new idiot coins are created... people see that alt coins value can explode.

Remember alt coins do not "create" value... people are losing money, betting on crapcoins...

I like these coins: BTC: 16Nv6dDND4rQ7ATmuQ5mHrvd5ajsTU1Wey LTC: LVjKbkVXUj8iNxyxjyUwMzNMP6E5LktgAc
kaimyu
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December 29, 2013, 12:26:10 PM
 #29

Hey, i would like to know what´s your opinion on all the alternative currencies, do they really have a future? I really can´t look at this alt coins seriously... Hamstercoins, Catcoins...

Is there any possibility that a coin like catcoin or dogecoin is able to withstand?

There will always be new coins as people just try to profit or get rich quick off them and then move on. The only alts that will survive as currencies are those that can get some merchant adoption behind them, which very few have managed so far.

What do you think about Tagcoins? The dev team seem to be trying hard to integrate it with local (Philippines) merchants.
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December 29, 2013, 01:48:27 PM
 #30

Can there be too many?  Tongue
hilariousandco
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December 29, 2013, 02:29:07 PM
 #31

Hey, i would like to know what´s your opinion on all the alternative currencies, do they really have a future? I really can´t look at this alt coins seriously... Hamstercoins, Catcoins...

Is there any possibility that a coin like catcoin or dogecoin is able to withstand?

There will always be new coins as people just try to profit or get rich quick off them and then move on. The only alts that will survive as currencies are those that can get some merchant adoption behind them, which very few have managed so far.

What do you think about Tagcoins? The dev team seem to be trying hard to integrate it with local (Philippines) merchants.

Not sure, I'll have to check them out, but any Coin that is actively trying to get merchant adoption is already way ahead of the rest IMO.

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December 29, 2013, 02:34:19 PM
 #32

I agree there has to be some standarts at least. This is ridiculous inflation of altcoins.
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December 29, 2013, 02:43:36 PM
 #33

Can there be too many?  Tongue

Let the market decide.
samwan
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December 29, 2013, 02:55:25 PM
 #34

Let the market decide.

Exactly! The market will decide. A couple of them will find a market, while others just disappear.

The condemned live longer

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December 29, 2013, 02:56:49 PM
 #35

Hey, i would like to know what´s your opinion on all the alternative currencies, do they really have a future? I really can´t look at this alt coins seriously... Hamstercoins, Catcoins...

Is there any possibility that a coin like catcoin or dogecoin is able to withstand?

Highly unlikely.

99.999% of these alt-coins will eventally die off due to lack of support from any substantial community.

It's been the time of the altcoins "lately". I'm curious whether that will ever truly stop of that there will be this much new ones created daily indefinitely.
paulus51
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December 29, 2013, 03:06:30 PM
 #36

you know what i ve been thinking lately ? we are creating the same thing like it is know dollar euro yen ect ect

all those differned alts coins  its the same...........but >.............!! 

these currencies ar all from us the earth people !!  ;-)

no banks no dude in the middel who is trying to urn some money from you
direct transactions from and to ore to and from !

fees and transactions fee should be also payout to the makers/miners and suprisely some pools are doing that , Thanks !


digital currencies (computer creations) / coins whatever........ will last for ever and one day there are only these like "digital coins"   



its all about who is behind and take anough effords to bring it to you




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December 29, 2013, 03:12:47 PM
 #37

survival of the fittest  Wink




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Flashman
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December 29, 2013, 03:21:14 PM
 #38

I agree there has to be some standarts at least. This is ridiculous inflation of altcoins.

Yes, the government should save us, think of the children.  Roll Eyes

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December 29, 2013, 03:22:41 PM
 #39

And the pets! Poor little dogs and cats being exploited like that...!

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December 29, 2013, 03:31:18 PM
 #40

The conspiracy theorist in my says that all these alts are distractions from the real coins! They are being put out by a handful of people who's motive is to get you off the good pre-mined coins that actually have value, like Worldcoin.

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