Quote from: skelethon on January 29, 2018, 10:40:46 AM

Quote from: Tambu on January 29, 2018, 10:33:08 AM

Many people asking why there are a lot of altcoins, and they suggest limits the altcoin making should be done.

The reasons why I don't agree to limits the altcoin aside from the reason of decentralization.

Here are the few;
1.   The monopoly of market will be avoided.
2.   There is a competition of prices in the market that can limit the price of the stellar cryptocurrency to overshoot.
3.   Altcoins can cause unpredictable fluctuation of prices in the market. Fluctuation of prices result revenue for the traders/investors.
4.   New and small investors/traders will be given a chance to trade in the market.
5.   There is a healthy circulation of money in the market because hoarding/holding will be prevented.
6.   Exchange site/market can gain also a suitable amount.
7. Bounty campaign will be continued to progress.

But don't you think that having too many altcoins is simply unnecessary and counter-intuitive?

At what point does it start becoming annoying and an inconvenience?

I don't think so. I believe all altcoin are co-important and necessary. They will only differ on their marketing strategy of survival. Altcoin doesn't flourish to the market will die down then. Beside we are just care about our wallet. Coins outside our wallet doesn't annoyed us.