Why We Need All The Altcoins We Can Get

The cryptocurrency markets are littered with crummy coins that add little technical merit to the coins that they cloned, and which have no clear goal or community backing.

Community activity Coins with a strong community can do particularly well.

In some cases, a community builder will work alongside the coin's technical mastermind, focusing on marshalling a group of people together and making things happen.

Where a single developer for an alt has absconded, leaving the community floundering and angry at having put in so much work building the ecosystem for the coin.

Technical innovation Coins that push technical boundaries can often be interesting because they enable the cryptocurrency community at large to test out new ideas.

Economic concepts are another, and coins have tested these too.

A celebrity Is Max Keiser a celebrity? I don't know, but he's the only near-famous person to publicly launch his own coin.

One of the notable things about celebrity coins if launched or endorsed by the celeb themselves is that the stability of the coin is supported by a brand that people have already bought into.

Relationship with bitcoin Just because a coin is cerebrally interesting doesn't mean it's going to thrive or go up drastically in price and that's what most altcoin investors want - auroracoin and mazacoin haven't fared too well, for example.

The value in these coins doesn't come from their pinball movements on the markets.