Post
Topic
Board Altcoin Discussion
Re: Can the massive creation of Altcoins can be stopped?
by
Silberman
on 30/09/2018, 20:09:15 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.
It's not possible to stop new altcoins of being created, this is a free and completely unregulated market and you have to accept that or move to markets that are regulated, this is why many countries have regulations about who can invest in financial products, so if you do not feel capable of distinguish which coin is a good coin and which coin was created just to make money it could be a good idea to stay out of the market until you know how to do that.