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=238.0
https://bitcointalk.org/index.php?board=238.0
Some of these altcoins are prohibited in USA and Canada because of their regulated policies in which all incoming investments to these countries will need to apply permit with strict requirements and documents, these is to ensure the safety of their citizens especially scams investment. Therefore i suggest that all ICO should be regulated as well to determine which are legit and which are not.
