Stop and Ban those alt coins copycats now

[banaltcoin]

Almost all(in fact, all) of the alt-coins out there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Most alt coins are completely pointless and just poor replicas of what's already out there with little to no improvement.

Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation. only their "developers" or "early adopters team" will get rich quick by taking your money away.

Bitcoin has a limit of only 21 million, however with all these so called "alt coins", the total number of crypto is in fact unlimited and make all cryptocurrencies end up into a ponzi scheme(only detract from people's perceived value of Bitcoin and the legitimacy of cryptos in general)

Stop and Ban those alt coins copycats now, let the money flow back to the bitcoin!

[hilariousandco]

Whilst that is all true, you can't stop them, nor should we want to ban them. Just let the kids have their toys is what I say. They'll soon get bored or outgrow them and hopefully move onto bigger things (Ie Bitcoin).

[Gabi]

Go try ban them lol, that is exactly why cryptocurrencies works: no one can ban them

[FreddyFender]

They have their purpose: "...to provide a rich base of BS from which the bitcoin community can grow..."
Many have legitimate ideas and bitcoin will endure despite any assaults against its integrity.
It seems we have a new giant troll population born of the altcoin epidemic. Very amusing posts countering every altcoin to the point of disbelief.

[cryptomining]

Don't worry Opie, the market gets to decide this not you. 

[oxxymoronn]

yes only have one currency, might as well toss in only one government while your at it.

[guybrushthreepwood]

Don't worry Opie, the market gets to decide this not you. 

As much as I hate these crap and scamcoins, we shouldn't try to suppress them. This freedom is what cryptos are all about. The greater public aren't ever going to take Dogecoin or Coinye coin seriously so it's irrelevant. Just ignore them if you don't like or agree with them.

[BitEnthusiast]

I think alts are great if they're innovative. I own Bitcoin and Dogecoin (DOGE for its short term profits), but when Zerocoin, Cloudcoin (Bitcloud's cryptocurrency), and Ethers (Ethereum's cryptocurrency) launch, coins like these that serves a purpose will be the new and most alts that are built on top of existing protocols will die out. I thinks its best to just go with the flow.

[Paladin69]

They are all denominated in Bitcoin.  People recognize them as a means to possibly get more BTC.  I don't view them as a threat.

[EvilPanda]

Nobody can make people buy alts. If people want to invest their time and money they are free to do it. Why should anyone ban anything, this is a free market.

[BitCoinDream]

LoLz Open Source brother.... U can STOP them and EVERYONE want Satoshi's balance in their account.

[guybrushthreepwood]

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

[Sutters Mill]

Almost all(in fact, all) of the alt-coins out there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Most alt coins are completely pointless and just poor replicas of what's already out there with little to no improvement.

Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation. only their "developers" or "early adopters team" will get rich quick by taking your money away.

Bitcoin has a limit of only 21 million, however with all these so called "alt coins", the total number of crypto is in fact unlimited and make all cryptocurrencies end up into a ponzi scheme(only detract from people's perceived value of Bitcoin and the legitimacy of cryptos in general)

Stop and Ban those alt coins copycats now, let the money flow back to the bitcoin!

I think that the alt-coins actually take advantage of people new to cryptocurrency. I remember clearly thinking to myself when I first got into this, 'Bitcoin is pretty expensive and it's not profitable to mine it on my laptop, how about another alt'. This is when newbies look at alternatives and get caught up in the bull of it all. I nearly got swept away in Coinye.

[BitEnthusiast]

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

Zerocoin. It's suppose to launch May 2014. It will make transactions provably anonymous, unlike Bitcoin. Also google Cloudcoin, Bitcloud's cryptocurrency, they both actually serve a purpose and are not built on an existing cryptocurrency.

[Pangia]

Holy Crap! There are so many people upset at a certain coin.

[Sutters Mill]

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

Zerocoin. It's suppose to launch May 2014. It will make transactions provably anonymous, unlike Bitcoin. Also google Cloudcoin, Bitcloud's cryptocurrency, they both actually serve a purpose and are not built on an existing cryptocurrency.

I've seen you push Zerocoin a lot, are you involved in it at all?

[BitEnthusiast]

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

Zerocoin. It's suppose to launch May 2014. It will make transactions provably anonymous, unlike Bitcoin. Also google Cloudcoin, Bitcloud's cryptocurrency, they both actually serve a purpose and are not built on an existing cryptocurrency.

I've seen you push Zerocoin a lot, are you involved in it at all?

Lol. Not at all. I believe it will be big for those who value privacy and anonymity.

[Gabi]

Zerocoin is something important. It is being made as a new coin to test it, but the concept can be integrated in bitcoin and probably will.

[hilariousandco]

Almost all(in fact, all) of the alt-coins out there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Most alt coins are completely pointless and just poor replicas of what's already out there with little to no improvement.

Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation. only their "developers" or "early adopters team" will get rich quick by taking your money away.

Bitcoin has a limit of only 21 million, however with all these so called "alt coins", the total number of crypto is in fact unlimited and make all cryptocurrencies end up into a ponzi scheme(only detract from people's perceived value of Bitcoin and the legitimacy of cryptos in general)

Stop and Ban those alt coins copycats now, let the money flow back to the bitcoin!

I think that the alt-coins actually take advantage of people new to cryptocurrency. I remember clearly thinking to myself when I first got into this, 'Bitcoin is pretty expensive and it's not profitable to mine it on my laptop, how about another alt'. This is when newbies look at alternatives and get caught up in the bull of it all. I nearly got swept away in Coinye.

Yeah, a lot of newbs just want to feel like they're a part of the start of something. A lot of their logic is based entirely on the fact that they think they're 'going to the moon' just because Bitcoin did. They think if they hoard these millions of coins long enough they'll sell them as soon as they hit a dollar and become millionaires, but that's never gonna happen when you've got a marketcap of billions.

[BitEnthusiast]

Zerocoin is something important. It is being made as a new coin to test it, but the concept can be integrated in bitcoin and probably will.

I have to disagree. At first it was going to be added on to bitcoin, but it was modified to be launched as its own cryptocurrency.