Post
Topic
Board Altcoin Discussion
Re: What is the purpose of altcoins and why there is so many of them?
by
bettercoinpool
on 02/12/2015, 23:50:23 UTC
"experiment with the different technological and economic factors" ?

horse before the wagon ?

long ago it was apparent a clone would not suffice *anymore (to get some adoption from us)
there for a gimmick was needed.. first it became "services" value added tacked on 3rd party stuff.
from there it blossomed with various other gimmicks.
Specialized coins took off.. Like Country Coins or Anon coins or Marijuana Coins
The the save the whales coins came along.

The real genuine experiments that have come out are rare.
Prime coin XPM for example or maybe Quark were sincere attempts at things.
Coins like HYP or CENT and most others are simply masked scammy faggotry.
The dev's are well aware what a high stake coin will end up like down the road for example.

And actions speak louder than words.

A lot of these experiments can be applied to existing coins or simply run on TestNet
there is no requirement to put them on exchanges all the time, parting naive users of their Bitcoin.

ALL of them end the same way.. pumped and dumped and dead.
look around..

what Spoetnik said!