All altcoins will survive

[HCLivess]

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

[chesthing]

You know how many coins have died in the last year? they go to near zero and get delisted from the exchanges, that's how they die. "Very few altcoins will survive" would be much more accurate to say, although I'm wondering if that's too optimistic.

[seoincorporation]

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

If you can buy it on http://www.shapeshift.io/ with bitcoin, yeah, they have future

[HCLivess]

You know how many coins have died in the last year? they go to near zero and get delisted from the exchanges, that's how they die. "Very few altcoins will survive" would be much more accurate to say, although I'm wondering if that's too optimistic.

Look at EarthCoin. Dumped scam dropped near zero. You can still buy it - but you only need IQ of 60 not to have been there in the first place.

[BitcoinBoost]

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Most make Nigerian scammers look like saints. Sure, if there's pennies to be made promising adoption there will be a market.

[MicroGuy]

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Amen brother!

[merry0652]

What he means is the top 100 can survive

[crazyearner]

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Lmfao what world you living in. All alts will eventually die out unless they have continued updated and a good dev team to support their development of their coin and people start to provide services for it and adopt that coin otherwise its just another sh!t coin. I have watched over 200 crypto coins go from hero to sh!t in a matter of days and months and then soon get de listed from all exchanges. Then some return to exchanges and then soon crap them self. Look at flappy its on Cryptsy but under LTC most coins will get shifted around to make as much profit as an exchange can make or person can make on it it every gives up supporting it.

Some do out last and do continue but many fail and then get re owned and new people take it on to try to bring new life into it but even then it tends to live and die hard and theirs only a handful out of about 300 coins from this year surviding but even they will fade away unless theirs constant development for them and people use and adapt and trust and put funds into it to hold value and grow otherwise its bye bye.

[freedomno1]

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Tell that to the corpses of altcoins that have died
And tenebrix although some people still mine that one for the lols now and then 

[pikuchato]

http://coinmarketcap.com/all/views/all/

Scroll down a bit......... welcome to the crypto graveyard  

I guess at least 500 crypto bodies are not even listed.

[TheMage]

http://coinmarketcap.com/all/views/all/

Scroll down a bit......... welcome to the crypto graveyard  

I guess at least 500 crypto bodies are not even listed.

About 500 would be correct, there are over 1k alts now.

[K210]

Only litecoin and peercoin will survive all other alts will die

[arieq]

Thing is, a year ago we had several hundred less altcoins. Admittedly most of the new ones are crap and has no support in the real world and is accepted by no one except speculators. only a few that are real contenders.

[e-coinomist]

Only litecoin and peercoin will survive all other alts will die

The first had an innovation type (Scrypt mining) which is now meaningless. On the second I agree, most probably Bitcoin will have to hardfork for turning into a pure POS coin, since TX fee maintained POW networks are destined to fail in all cases.

[sniveling]

http://coinmarketcap.com/all/views/all/

Scroll down a bit......... welcome to the crypto graveyard  

I guess at least 500 crypto bodies are not even listed.

Tenebrix is not listed there because it's not on an exchange any more and the network's almost dead. It's probably more accurate to call it a zombie coin rather than a dead coin until the last few people give up mining it.

[gjhiggins]

Thing is, a year ago we had several hundred less altcoins.

I guess we're near enough to the end of the (calendar) year for gubmint work ...

This SPARQL query, when posed of the DOACC metadata (RDF graph), will return a count of coins with an incept (YYYY-MM) date in 2014:

Code:

PREFIX doacc: <http://purl.org/net/bel-epa/doacc#>
SELECT (COUNT(?node) as ?ncoins) {
    ?node doacc:incept ?incept .
     FILTER(?incept > '2013-12'^^<http://www.w3.org/2001/XMLSchema#string>) .
     FILTER(?incept < '2015-01'^^<http://www.w3.org/2001/XMLSchema#string>)
} 

atm, it yields a total of 1627 <- altcoins launched (or at least lofted) in 2014 (thus far, give or take a handful).

For extra credit, elaborate the query a little:

Code:

PREFIX doacc: <http://purl.org/net/bel-epa/doacc#>
SELECT DISTINCT ?incept (COUNT(?node) as ?ncoins) { 
    ?node doacc:incept ?incept .
    FILTER(?incept > '2013-12'^^<http://www.w3.org/2001/XMLSchema#string>) .
    FILTER(?incept < '2015-01'^^<http://www.w3.org/2001/XMLSchema#string>)
} GROUP BY ?incept ORDER BY ?incept

pass it over to sgvizler to handle the posting of the query and the rendering of the results as a chart:



Looks like 2014 was the Year of the Altcoin.

Obviously not all will survive, some have already failed. Maybe the title should have read “All altcoins will survive. Discuss.”

You can run the “2014 total coins” query for yourself by pasting it into the textarea on https://minkiz.co/sparql or following this pre-completed link.

Cheers

Graham

Edit: added DOACC url

[sniveling]

Looking at that chart it appears to me that more alt coins start launching as bitcoin's price starts rising, and the more bitcoin crashes the less alt coins launch.

[HCLivess]

That is a very nice graph, thank you.
Did Tenebrix get botnet-mined?

[Buffer Overflow]

Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts.

Running a secure coin network is certainly not costless or anywhere near it.

[BitCoinNutJob]

Interesting chart, looks like the easy money from pump and dumping new alts has gone.   Where do all the new alt devs go now... back to BTC or services around BTC economy