<p>Ok. It depends on your view on altcoins, as @Jannes has so kindly demonstrated.</p>

<p>These are altcoins, built off the bitcoin protocol as an <strong>alt</strong>ernative to bit<strong>coin</strong>. If you want, you can invest into them. But please, do your research on that coin. Altcoins have a notorious history of devs mining large amounts of coins before the coin is released, and then when the coin gets a bit of interest from the community and a higher price, devs just sell everything.</p>

<p>Some coins are scams, some very well may be, and some are actually pretty good projects and have a large userbase. Namely Litecoin and Ethereum.</p>

CC BY-SA 3.0
2016-09-16T23:05:35.930Z
2016-09-16T23:05:35.930Z
Whyte the Weeabear
<p>Just scrolled over all the different coins to trade I couldn't beleive how many there is, what are there uses, and is it something that is easy to set up?</p>

CC BY-SA 3.0
2016-09-16T16:15:15.517Z
All scams. None.
Jannes
<currencies>
What are all the new coins listed on the trading market & what value do they represent? what are their uses?
Alvin Pando
# What are all the new coins listed on the trading market & what value do they represent? what are their uses?

(Asked by: username_0 on 2016-09-16)

Just scrolled over all the different coins to trade I couldn't beleive how many there is, what are there uses, and is it something that is easy to set up?

**Tags:** currencies

> **Comments:**
> **username_1**: All scams. None.  

---

## 1 answers

### Answer by username_2 on 2016-09-16. Score: 0

Ok. It depends on your view on altcoins, as @username_1 has so kindly demonstrated.

These are altcoins, built off the bitcoin protocol as an **alt**ernative to bit**coin**. If you want, you can invest into them. But please, do your research on that coin. Altcoins have a notorious history of devs mining large amounts of coins before the coin is released, and then when the coin gets a bit of interest from the community and a higher price, devs just sell everything.

Some coins are scams, some very well may be, and some are actually pretty good projects and have a large userbase. Namely Litecoin and Ethereum.


---

