Post
Topic
Board Altcoin Discussion
Re: Why creating more coins.
by
KenyonCarter
on 02/11/2018, 14:41:46 UTC
With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.
Well honestly we do not know that more coins are being created for what reasons but with coins like Paragon, Stellar and Ripple, it is better to invest in them.only.