Post
Topic
Board Altcoin Discussion
Re: Can the massive creation of Altcoins can be stopped?
by
Akselrod
on 30/09/2018, 18:58:14 UTC
I was just wondering after the altcoin being successful there have been more unreasonable coin that has been created, hence there are more people will  doubt it, and seriously more and more coins has being created just for profit I mean you can gain some profit off of it but its not the reason why a founder should create one.

After seeing so much coin being created and been abandoned with gaining profit from it made me think that if the new coin stops coming then we could focus more on some reasonable coin and some coin that is currently being developed.

Of course this can be done and soon it will happen. Already, new projects that want to raise money put a hard cap for themselves less and less, because they understand that a lot of money will not be collected. In the end, it will all come to the point that new projects simply will not collect the money they need, and than ICOs hype will end.