why are there so many alt coins?

[Domithra]

any implication for that?

[Cordillerabit]

for me i think crypto developer are one of the reason why there are many altcoins 

[durr1412]

Because people who knew IT will want to make a new coin as bitcoin so they can get rich fast and furious.

[Kalunomics]

They will all feather away and die a natural death as most developer will not have what it takes to compete with present competitive altcoins market.

[benres]

The forecast of the experts says that altcoins will reach millions in the next 2 decades, that is the power of the blockchain technology.

[expander]

Because many want to follow the success made by bitcoin. In addition, many altcoins today are an alternative to overcoming the limited number of bitcoins. And as an alternative for those who want to invest but have limited money.

[skjude001]

any implication for that?

I think because of the demand and as an alternative for those who want to invest but have limited money.They usually made coins for each project in different aspects of human life

[Moykoy]

many altcoins today are an alternative to overcome the limited amount of bitcoin. And as an alternative for those who want to invest but limited money.
Because many want the suit made by bitcoin.

[alltalk]

I think It is because of the popularity of cryptocurrency. The increasing popularity of crypto attracts developers to create new alt coins. Finally, many alt coins are released till now.       

[Seeyy]

as an alternative for those who want to invest but the money is limited.
Because many are for the sake of being made by bitcoin.
many altcoins today are an alternative to overcome the limited amount of bitcoin but demand is increasing.

[owmivmen]

Because the prospects for business development in Crypto are very profitable. this makes many projects of ico making new offers for investors. so many ico projects are making innovations for change in the crypto world by making new coins and tokens.

[rizqillah]

any implication for that?

I think It is good thing If today so many altcoins. We have many chance to choose a good coins.

[Prime]

I don't know why there are so many coins in Altcoin today. The most important thing is we must be careful in choosing Altcoin, for fear that most of them are fraudulent Coins. The most important thing now is to be careful.

[ayatoslaw]

I think, the number of coins because they see a business that is promising, whether it's for the purpose of a scam, or indeed for a good project, and for the good of everyone in the future, but to know what their purpose is, by seeing how the end result from their project, is it successful? or scam?

[Ryanpogz]

any implication for that?

Many altcoins are not about a genuine desire to create a unique and useful product. Rather, they are all about generating a huge amount of profit for the creator very fast. Play it right and it's not too difficult to exit with $10mm+ in under a year.. What do you think about it???