Investing on the belief that the value of the investment may go up significantly doesn't necessarily mean it is "pump and dump" (even if 90% of the altcoin threads basically are this).
Apart from random speculation, my interests in this are:
- The code base/architecture upon which Qora is being built may turn out to be more flexible for future developments than Nxt, even if the plans at launch offer no concrete advantages
- The stewardship of the Nxt codebase appears fine now, but who knows what it will be like in 12 months
- A fatal flaw might be found in Nxt and all its (near-)copycats. Even if independently developed coins like Qora have no unique features at present, it would leave the crypto community with options. Eggs/baskets/etc.
Why do Audi sell cars if VW ones are perfectly good for the job?
Thank you for sharing your interests. As it seems they a different from mine.
VW and Audi are companies. They need to make money and they copy as hell.
Nxt and Bitcoin were not supposed to do that. They are supposed to be platforms. There is actually no need to copy them, especially not conceptually.
The only reason I see why people continue creating coins are: to get a piece of the cake. I fail to see why I should support that. I would rather see them working on existing platforms, increasing the user-base and education Average Joes
IF they do not come up with an innovative idea that is worth yet another blockchain, and yet another network.
Its not that simple. I'm an investor in NXT but I struggle to use and see the system as user friendly for the masses. Apart from Bitcoin that does have some flaws there is clearly room for a system that might have similar functions but puts it together in a way that the masses can use and we can see mass adoption. WE are very early in the age of Digital currencies. The field is very much open. This is all about who will inspire mass adoption, so far even Bitcoin is a tiny, tiny fraction of money movement in the world.