Why so many alt coins?

[mag_aso]

Many altcoins due to the demand of the new system of our environment. Life in the past century was different in our time so basically there is a big gap of needs before and today. Now we deal the virtual world so it means we should expect that there will be huge altcoins in our time because people have so many needs and wants nowadays.

I think one of the reason why there are a lot of alt coins is that because of some project they want to promote and encourage investors to invest thier project.And most of this coin are created by inexperience developer who do not have enough ideas to bring something in our society.

[kent47400]

because the era is progressing.
because there are many people who are interested in cryptocurrency
and increasingly evenly distributed finance in the future.

[Nanagyasi]

Yes, there are many altcoins and I think it is so because of the various solutions these projects intends to deliver using blockchain as a medium to deliver the solution.

[rizqillah]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

The reason why so many altcoun , I think for now There are so many ICO projects. We must be careful to choose it.

[Dream]

Because ilo project in this year very much and many hardfork happened like bcd, btg and others
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I think it is because of so many projects today that networking can't be handled that's what i think  some advertising use altcoin to make it an easy way but be aware to the scam they are all over so before you apply on altcoin you check if it's not scam.

[Ryan06]

The main reason why there's a lot of altcoin is because people really wanted to earn. Some rich people make  many altcoin to earn. They put a capital on it because they see the crypto is really the past growing economy in this modern world by the use sit internet. Maybe they see that creating altcoin is also a a great way to earn.

[Mengkay07]

The main reason why there's a lot of altcoin is because people really wanted to earn. Some rich people make  many altcoin to earn. They put a capital on it because they see the crypto is really the past growing economy in this modern world by the use sit internet. Maybe they see that creating altcoin is also a a great way to earn.

altcoin is created because there are so many project on crypto currency feild and they need altcoin to make amazing profit. Altcoin are really needed to make some project become more interesting and amazing for investors.

[boyplastic69]

I agree with the author's comment regarding the subject wherein there really are many ICO projects that does copy to some other ICO's that end up a mess resulting to unsuccessful ICO campaign. It is indeed a very important rule to consider for the investor to make a research on a certain ICO if it has a good team members, good project platform,with experience technical consultants and best bounty manager that will manage the project.

[Garuda]

Like the others, I also think that some of the new altcoins that have emerged will not last long. But I think some alternative coins will exist because they have a clear concept. As traders we must be careful if we want to buy coins. Learn first some of the coins you want to buy, so there is no loss

[Sentinel]

That's right, in your opinion, there are so many new coins every day and almost every new coin is introduced in the market. And I think the reason why there are so many coins today is because there are no agents from the government who review and regulate crypto before entering the market. Because basically the Government is difficult to monitor this in the Crypto world.

[Dodo]

Some rich people make many altcoins to produce. They put capital on it because they see crypto really the past economy that grew in this modern world by using internet sitting.

[de_prof]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

I think because there are many projects, So too many altcoins now. But It is good thing.

[Bitdog]

Altcoins are block chain based different technologies because people has  really need new technologies to many purpose . Every altcoins projects are different they are using to different uses.

[Alpha]

We don't like to be scam but sometimes no choice because we are belong in the campaign unknowingly it is scam. We cannot blame anyone even ourselves if we're did our best to notice if it is scam or not. There are so many ICO for the reason of scam and legits projects. I think we should be careful by joining in any activities.

[korkorjkk]

There are so many altcoins because people have discovered that you can make a lot of money from cryptocurrencies. Scam ICO's are also on the rise because people want to dupe others by creating fake coins that they can run away with their monies.