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Garbage like the Coingen website need to disappear...

Xenophis

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http://www.digitaltrends.com/cool-tech/coingen-bitcoin-litecoin/

Fucking ridiculous. Although some of the current altcoins have the technical and financial support to make it legitimate, Coingen is allowing just anyone willing to pay 0.05 BTC to create a scrypt or sha256 coin.

This will already confuse a lot of folks who aren't as well versed in the cryptocurrency world, and will likely make new-comers very wary of scams.

I hope this site withers away.
 
none of this poses a threat to BitCoin, but jesus.. They need to stop.
 
That is pretty cool, but yeah all those altcoins are going to be useless and annoying.
 
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I agree that sites like this aren't necessarily a good thing, it does bring more exposure to crypto though so meh.
 
That is pretty cool, but yeah all those altcoins are going to be useless and annoying.

It is already annoying. There are so many already and how many more it will be created? Only one altcoin that worths attention after the Bitcoin is LiteCoin. All the others are worthless.
 
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