Just looking at the Bounty section here at bitcointalk, there are about 400 different Bounty programs for different altcoins just dating back less than 10 days. Thats crazy right? Is this many new coins being created a good thing or a bad thing? I feel like really good coins will get looked over and possibly buried in the mix. Of course some bad coins will come along and take up your time and possibly your money investing into them. But also every once in a while a gem comes out of there. It's just staggering how many new coins are popping up each day, it's really hard to keep track.
https://bitcointalk.org/index.php?board=238.0Thats just the way it is supppsed to be a matter of competition about who has the most influential group of people to endorse clearly and majestically their coin to be acknowledge by the people that uses crypto currency. Youll find it hard to identify which one is the shitcoin and which is what.