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.
this is difficult when we always see ico with a new innovation project for technology and its functions that can be felt in real life despite the fact that no one really runs after the white paper. maybe with the current conditions after the accident back and correction, this can throw useless altcoins.