Post
Topic
Board Altcoin Discussion
Re: Is the alternative cryptocurrency market flooded?
by
BitcoinHodler
on 02/12/2016, 14:51:11 UTC
1. yes i also believe that this market is flooded with countless altcoins which are all copying each other, pump and dump and die.

2. it will scare off new investors in altcoins not crypto in general. newbies will go back to bitcoin and stay there.

3. i have heard this from others too, and i believe we are nearly there.

4. yes it has because when majority of them (the devs) are only looking for a get rich quick scheme through crowdfunding, this firstly harms users ' trust and then development in general.

5. it may be a bit late but i think if any good project comes along and their developers stop prioritizing making money over other things we can see some improvement and that coin will be much more successful.

6. no because we have also adopted with this new situation and we are only looking for a get rich quick altcoin where we can join in the pump and dump it right after the top. and sites like coinmarketcap help finding coins and where they are traded and more information.