I decided to start this discussion, not as a means to distribute negativity or defect the credibility of projects alternative to bitcoin (I myself am a supporter of numerous blockchain projects other than bitcoin), but merely as a means to get some feedback and thoughts from the bitcointalk community regarding the Alternative cryptocurrency market as it stands as well as the too many coins that are just worthless.

1. Is the alt coin market flooded?

2. As a result, is the current status of the alt coin market more than likely to scare off new to crypto investors/traders because of the fact that almost every other day a new ICO is on the cards and in most cases the information presented might be overwhelming to anyone outside of crypto?

3. Do you think we are becoming/have become more of a "penny stocks market" in the view of the general public other than a true and feasible alternative to the world economy?

4. Has the rise/era of crowdfunding done more harm than good toward blockchain projects and the now more than 600 crypto currencies in circulation?

5. What can be done to improve on the overall perception associated with cryptography/alt coins from an outsiders perspective?

6. Should websites that list altcoins such as coinmarketcap remove the majority of the coins listed or at least list according to far stricter criteria?



These are just a few questions I've been toying with and formulating my own opinions toward. Please feel free to add to these questions and give your own feedback and ideas about where we are and where we're going?

Thanks