Post
Topic
Board Altcoin Discussion
Re: Why creating more coins.
by
MegaPost
on 27/11/2018, 09:47:24 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.

Since there is nobody to stop them, they will continue to create a token every time they want it. I hope for regulations to appear soon.