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Author Topic: Can the massive creation of Altcoins can be stopped?  (Read 660 times)

Offline EtheralHac

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Can the massive creation of Altcoins can be stopped?
« on: September 22, 2018, 02:50:47 PM »
I was just wondering after the altcoin being successful there have been more unreasonable coin that has been created, hence there are more people will  doubt it, and seriously more and more coins has being created just for profit I mean you can gain some profit off of it but its not the reason why a founder should create one.

After seeing so much coin being created and been abandoned with gaining profit from it made me think that if the new coin stops coming then we could focus more on some reasonable coin and some coin that is currently being developed.

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Can the massive creation of Altcoins can be stopped?
« on: September 22, 2018, 02:50:47 PM »

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Offline DogeTalk

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Re: Can the massive creation of Altcoins can be stopped?
« Reply #1 on: September 22, 2018, 02:56:31 PM »
Humans will never be satisfied. each project generates new coins due to user requests. they work together to create coins that are better than before. that's what happened this year. lots of new coins and lots of old coins that will die.

Offline diygirl

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Re: Can the massive creation of Altcoins can be stopped?
« Reply #2 on: October 09, 2018, 04:31:07 AM »
@dogetalk, but not all old coins will die. Old coins that have unique concepts and good performance will remain in the crypto world. But with so many new coins popping up, this will be a healthy competition.

Offline Crypto Guard

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Re: Can the massive creation of Altcoins can be stopped?
« Reply #3 on: October 09, 2018, 08:55:45 AM »
Cannot be stopped. Altcoin everyone is active every day in doing business in the form of trading and investing in Altcoin. We ourselves cannot close the creation of its users who are increasingly fond of doing business in Altcon. Because often get profit, then everyone will always prioritize coins in Altcoin.
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Offline bhm45

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Re: Can the massive creation of Altcoins can be stopped?
« Reply #4 on: October 15, 2018, 04:13:39 AM »
I think this is a matter of time. There will be a so-called natural selection, and many of the coins will simply disappear. Only those that are really needed by society will remain.
Many new Altcoins will create new projects that fit the purpose and needs of many people, involving different fields and industries.

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Re: Can the massive creation of Altcoins can be stopped?
« Reply #5 on: October 15, 2018, 04:45:52 AM »
I think this is a matter of time. There will be a so-called natural selection, and many of the coins will simply disappear. Only those that are really needed by society will remain.
Many new Altcoins will create new projects that fit the purpose and needs of many people, involving different fields and industries.

Agreed, they will gone not because they don't have fund to run it but the will and support of the community for the project. Once a project is not being supported, even with large funds and no strstegic ways to promote it to more audience this will not be succesful.
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Offline sixexgames

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Re: Can the massive creation of Altcoins can be stopped?
« Reply #6 on: October 15, 2018, 05:51:06 AM »
Until it's not profitable to create new tokens and cryptocurrencies, there will always be more altcoins being made. I guess I'd like to see just a handful of coins see mainstream success rather than the thousands of random coins with few supporters.
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Re: Can the massive creation of Altcoins can be stopped?
« Reply #6 on: October 15, 2018, 05:51:06 AM »


Offline Goku01

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Re: Can the massive creation of Altcoins can be stopped?
« Reply #7 on: October 15, 2018, 06:41:19 AM »
Can't be halted. Altcoin everybody is dynamic consistently in working together through exchanging and putting resources into Altcoin. We ourselves can't close the making of its clients who are progressively enamored with working together in Altcoin. Since frequently get benefit, at that point everybody will dependably organize coins in Altcoin.

 

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