Quote from: j23a on March 20, 2014, 07:33:23 AM

All the altcoins are kind of turning me off to cryptos. I mean, last week there were 22 coins launched in six days, and so far 15 for this week. (Look at the calendar for last week http://www.altcoincalendar.info/calendar) Nothing new, all design to make the developers some quick cash. The only innovations are the names, and a story or gimmick behind the coin.

For example, off the top my head, I'll come up with a name for a coin, and a story behind it.

DiabetesCoin. DiabetesCoin is meant to help the millions of people in the world who suffer from diabetes. This coin will make it easier for them to purchase medicine, etc, etc, etc.

Or like this coin named HooliganPound, (https://bitcointalk.org/index.php?topic=512033.0) designed to make the crypto world better by kicking out all the other shit coins.

I mean. That's why I think it might be a little better if we don't release the source code for Nem until it secures features and services. (For example, maybe a subcription website that only accepts Nem.) If only there was some way for people to trust that the people behind Nem are not up to no good. But that's just my little opinion. This post is mainly complaining about all these new alt coins.

One more point. I mined an alt coin and sent it to cryptsy the other day. And I was absolutely shocked when by chance I looked at my balance page two minutes later and the coin had already posted. It felt like an extremely convenient moment. So even though this was a shit coin, it felt a hundred times more convenient than Bitcoin, which takes an eternity to post.

So even though this shit coin just felt better than Bitcoin, Bitcoin is solidly at the top, and won't go anywhere anytime soon, because it's established with so much services behind it. So do consider holding back on releasing the source code for Nem, before making a good effort in establishing it. Else the clones might make it just another coin.

All those coins are trash, I wont buy any. NEM is unique with the most of individuals support, great Devs and many new functions. It should be a very successful coin.

chihao87

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