Why creating more coins.

[aircrusan]

A large number of coins contributes to competition in the cryptocurrency market. Over time, only the strongest will remain, so I believe that this will only benefit.

[Geleve]

it is quite normal. all altcoins have a background (of course except the scam ones) and a project behind. some of them fails, some of them success but in any case it is good to see that more projects are coming to this ecosystem.

[yrrehc16]

Creating coins is not an easy thing to do.
For the people to adopt it and make the demand easy for the coin to have value and worth in the community.
You should have the project for it.
Coins are being created to support an specific project using an ICO.

[VeeraS]

With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.

I think this can be a long debate, the negative side and the positic side are always there. From the positive side we are presented with many new innovations involving more sophisticated technology than bitcoin, besides that it has other uses. but the downside is, almost 90% becomes shitcoin.

[tranle1267]

i have one time wonder a question, why do the token creating so more?, now in my opinion this coin will creat so more because oen project to call the investment they must creat a token to let investor buy the token and they have a money to construct their project. if the project success the token will list in the market and we can trade or sell them.

[nemesio]

With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.

Because nobody cares about community growth. Every damn project is about making profit so the flow of tokens will not be stopped, it is obvious.

[Litefoxx1698]

Some project dead and new projects appear I think this is normal competition and who know what coins will raise - so I am not in a hurry to buy them

[notlasttrain]

I don't like that market is full of coins that look the same and don't ofer to us nothing interesting. Developing team just copying projects

[gohan21]

Some people's have a own way to build another coins to another. To improve the industry of cryptocurrency and to expand for knowledge of investors to pick other coins and not only focusing in 1 crypto coin.

[lolxxxx]

Let me ask you one question.

When you need something new and wants something which can work more perfectly what you do?


When there is need of something new things or some new features to reach the requirements then we see new coin.

[TomInVa57]

With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.

We need to create an organization that would be ready to delete tons of dead tokens and to create permissions for new tokens to appear. In other case, we are doomed.

[masterkiller]

Of course for crypto developers and business profits, just as everyone who has a business and business many of them are doing the same business with the same consumers, but all have their own parts, every new coin created is expected to be a new revolution in the world crypto and can create business opportunities, even though market exchange is experiencing bearishness, it does not mean it affects someone who sees a business opportunity there

[ikarasev10]

Progress does not stand still. There is always a place in which there has not been a particular chip, which eventually will be used in many altcoins. Programmers are resourceful people. This can be said race in the name of development

[manojpatelme]

With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.

It is the time of competition and being better among them, so many are trying to prove themselves in there respective field. And I think creating new coin and collecting funds for there businesses is quite easy in crypto field so more and more coins are coming day by day.

[makerst]

The question is very reasonable, because now there are constantly new projects that speak of some kind of urbanism, but this will never happen, because people are not perfect and every person has his own devils and greed in his head.

[DoubleShow]

The fact that even the first 50 coins will not be able to cover the demand of cryptocurrency in the real world. Too broad use of the cryptocurrency even now, and every year crypto-currencies will be introduced in more areas of our life and therefore we need more cryptocurrencies. I believe that the more competition, the better will be produced by the project product, and it will help promote the entire market.

[Khiceog]

I hope that regulation will be real soon, because there are too many fake coins and too many silly people, who are ready to buy this coins. It is needed to be ended.

[Hudora]

The right division in my opinion. I do not understand how you can be against this, it's the most profitable option that can only be. It seems to me that this situation is not only profitable, but also insanely convenient for all coin makers

[ryanfromrethink]

This is necessary in order to distribute the coins in different spheres of activity. Because of this, you can live in peace. I think that in the future it will be so that each cryptocurrency will be intended for some sphere of activity and now we are moving towards this

[fathur01]

I think that people continue to create new coins just to make money on it. Individual cases when projects are really good and unique and their coins or tokens will be in demand.