Well so long as theirs money to be made on alt coins and your fast enough it doesn't bother me one bit. Most coins are just pump and dump now days with no real services up an running or very little amounts of services set up to actually work and succeed as a competitor within the alt market. Look at how Doge is going. As predicted right down into the 10s satoshis and it would not surprise me if it goes into the single satoshi units by next 2 to 3 months and be sitting at around 3 to 5 satoshi per doge. If it goes back into the thousands ill be very surprised if it does. Its more of a hyip coin been hyped about how good it is starts a trend then after a few months people see its worth nothing more than vapour or dust.
Yeah, it sucks but maybe people constantly getting burned will help stop the 100 shit coins that are made every day. Although the only real way I could see it happening is if the major exchanges take some kind of hit.
I imagine some guy with a whip has a warehouse with 500 people in creating coins and spamming on bitcointalk.
I don't mind seeing the obvious P&D's going down, the issue is real quality coins are being pumped and abused too, nothing shows solid consistent growth anymore, at what point will it end and crypto dies off? The market is running out of computer geeks to keep pumping new money in and people are leaving by the droves.
