Too many altcoins!

[sturec22]

Most of them are actually like the dot com bubble companies. When there is hype in an investment method, people tend to create other projects to get a piece of pie. Most of them will fade away and only the usable ones will be left with us just like the dot com...

[ijazkhan01]

It's good to have everything summarized in a compact way. There are so many terms to get to know and such an overkill of information out there! From time to time everything makes sense, thank you!

[Fenix]

This is the period of the "wild" development of cryptocurrency, since its appearance is not even organizationally regulated by states. Over time, this will streamline and the level of fraud among ICO projects or other similar projects will become noticeably less. Then the number of altcoins will be much less than even now. So everything has its time. However, at any stage of cryptocurrency development, you can find positive points.

[Senin]

In my opinion, do not worry about the large number of existing tokens. Over time, there will be as many of them as necessary and demanded by the market. In the meantime, many are trying to get rich by creating their own cryptocurrency, taking advantage of the fact that this process is not controlled in any way. After some time this will be streamlined.

[Istiak]

Yes, that is the main point. Everyone just wants to make money. Very few people think about peoples first. Although there is a lot of altcoins out there but most of them probably dead or had very low volume in the market. I think we already had enough alts for the next 100 years so we should just try to use what we have right now instead of creating one in every project.

[Uina]

I think the early batch of altcoins that were created are for development, just the altcoins after that were made for the money as ICOs became popular. It's really hard to keep track of altcoins these days.

[endlasuresh]

In my opinion, do not worry about the large number of existing tokens. Over time, there will be as many of them as necessary and demanded by the market. In the meantime, many are trying to get rich by creating their own cryptocurrency, taking advantage of the fact that this process is not controlled in any way. After some time this will be streamlined.

Creating their own coin is towards for scamming investors, but some of them are coming as a genuine token. Investing in new coins or tokens is totally waste of our money and time.
Some have come up with their own systems like forums and creating their own token to utilize that in their forums. I think this wont work for a long time.

[WhiskeyHoney]

In fact, at the moment there are as many altcoins as you need. There is no good organization at the moment, but I think that in the future only really good altcoins will be used.

[tonymillions84]

the fact remains that it is not stopping soon. we are going to see more of it. most projects that failed their ICO are still coming back with new identity and different scope. Most current ones will still fail. you should be careful on what to invest your money on that is just the simple message.

[DgCarlosLeon BitCore BTX]

____________	I believe that like everything in life,   many people saw the opportunity to generate income with the creation of an altcoin, only they didn't have enough vision to see that a cryptcoin should if or if it should offer certain characteristics as does bitcoin and why not, other altcoins that are certainly worth knowing and using.	____________
____________	BitCore BTX - Your Coin, Your Money	____________

___ANN Designed by DgCarlosLeon    |   BITCORE BTX - 2020
___

[anitabiara]

____________	I believe that like everything in life,   many people saw the opportunity to generate income with the creation of an altcoin, only they didn't have enough vision to see that a cryptcoin should if or if it should offer certain characteristics as does bitcoin and why not, other altcoins that are certainly worth knowing and using.	____________
____________	BitCore BTX - Your Coin, Your Money	____________

___ANN Designed by DgCarlosLeon    |   BITCORE BTX - 2020
___

many things become a consideration in this case all have to be really ready for things that happen in the future, everything always expects good things and satisfy we see that good things come in the future

[DgCarlosLeon BitCore BTX]

____________	I believe that like everything in life,   many people saw the opportunity to generate income with the creation of an altcoin, only they didn't have enough vision to see that a cryptcoin should if or if it should offer certain characteristics as does bitcoin and why not, other altcoins that are certainly worth knowing and using.	____________
____________	BitCore BTX - Your Coin, Your Money	____________

___ANN Designed by DgCarlosLeon    |   BITCORE BTX - 2020
___

many things become a consideration in this case all have to be really ready for things that happen in the future, everything always expects good things and satisfy we see that good things come in the future

____________	I agree with You   The best is yet to come!	____________
____________	BitCore BTX - Your Coin, Your Money	____________

[tervel]

Certain and relatively good altcoin seeks to bring something new and different to the cryptocurrency sector. But in most cases more people look at the cryptocurrency market as an opportunity to make easy money.

[tonymillions84]

the reason is simple. crypto needs regulation to avoid loads of scam people marauding as new project looks for people to defraud. we will see more of new projects that has nothing to offer but choose to launch IEO and ICO. everyone is advised to research in any token or project you want to invest in. Never fall victim for scammer.

[DogeTalk]

Not just for money. Do you know that there are any coins or tokens that benefit and harm the user? From cost, usability and amount of supply. The developer just wants to create coins or tokens that are better than before.