I want to ask something.
There are so many bitcoin clones since it is open source. I also saw cryptonote. And nxt. What do they get by creating a clone? Why not focus all the efforts to bitcoin?
Also, how much does it cost to create a new coin?
Also, if I have, say 20 bitcoins, and buy some clone with a low market cap, now I have a big share, will it drive the price up?
Some create clones because they think they have the potential to be better than BTC. We are not all driving model T's around today because there was competition that strived to make a better product. Maybe one day a new coin will overtake BTC. Or BTC will evolve and include the best experiments. Aka alt coins