Can the massive creation of Altcoins can be stopped?

[PALM]

I was just wondering after the altcoin being successful there have been more unreasonable coin that has been created, hence there are more people will doubt it, and seriously more and more coins has being created just for profit I mean you can gain some profit off of it but its not the reason why a founder should create one.

After seeing so much coin being created and been abandoned with gaining profit from it made me think that if the new coin stops coming then we could focus more on some reasonable coin and some coin that is currently being developed.

[sashavich04]

I think this is part of the justice equation and an important responsibility for the crypto community to answer. We all need to be thoughtful of this situation where massive releases of fraud coins are released with the simple goal of any profit rather it be $1 or $100,000 or $1,000,000.

What about a justice coin that would reward freelance crypto justice enforcement by payment via crypto currency?

I really think this is important. I don't have any plans to be a coin developer but I want to learn more about what goes into this process while also continuing to pursue a justice mechanism that would greatly reduce the number of crap coins being released all the time.

Maybe reputation is another factor to somehow be worked into the equation. But then that makes market entry really difficult for people without reputation. And of course, how could we track reputation while still protecting privacy? I mean, that's pretty much done on these boards if people are careful. So it is possible.

[Mr. Cid]

I don't think anyone can prevent for making new Altcoin. It can only be regulate, but impossible to stop.

[Aya]

I don't think anyone can prevent for making new Altcoin. It can only be regulate, but impossible to stop.

I think the same thing. We really can't stop developers from creating new altcoins. But its growth can depend on whether there will be a lot of people who will invest on it.

[AbdulShiek]

I think the same thing. We really can't stop developers from creating new altcoins. But its growth can depend on whether there will be a lot of people who will invest on it.

The future of the Altcoin or I would say any trading instruments is in our hands. A digital currency won't prosper without investors.

[Sendo12]

The future of the Altcoin or I would say any trading instruments is in our hands. A digital currency won't prosper without investors.

Yeah. That's why some coins have already died. Others due to being a scam, while some struggled because there is no volume like Lottocoin

[darexgeorgieviya04]

If there is one thing I’ve learned, it’s that once everyone “knows” something is going to happen in the markets, it never happens. The market gods don’t allow it.

[Wekesa]

No but we need regulations we need to really be sure that we are working as hard we need to really keep on trying looking for new once ever other time we need to build up something of substance and in the end its going to work perfectly for us , I think regulation is going to be good and for us all to use it

[Chinajax]

No I dont want to read political shit when I want CFB. Do you guys like kneeling players now or do you still think its neither the time nor place?