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Author Topic: Many Alternative Coins Can Die  (Read 151 times)

TomBite

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Many Alternative Coins Can Die
« on: August 22, 2017, 11:19:57 AM »
The success of Bitcoin as the premier and the biggest cryptocurrency became the catalyst for many to introduce many alternative coins. We are living in an open-source codes so anybody can just copy, revise some parts, innovate a little and do attractive marketing...and viola you have another altcoin in the horizon.

There is now a very big market for new coin/token as shown by the huge success of many new ICOs. It is as if there are really people who are ready to open up their purse and invest money even in projects still in idea stage.

However, many of these alternative coins can soon die because of lack of support and their failure to build a strong and loyal community.
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