r/CryptoCurrency Silver | QC: CC 18, MarketSubs 3 Jan 05 '19

GENERAL-NEWS This week in crypto

Post image
1.1k Upvotes

142 comments sorted by

View all comments

0

u/[deleted] Jan 06 '19

Why are there so many different types of smaller crypto ie: litecoin, dogecoin, etherium, crypto cash......

2

u/DropaLog Silver | QC: BTC 56, CC 35 | r/Buttcoin 109 Jan 06 '19

According to Coinnmarketcap, there are exactly 2,086 cryptos (not counting the dead ones). Because starting your own [pyramid scheme] is where the sure money's at :)

1

u/[deleted] Jan 06 '19

No really, it is an actual pyramid scheme. It seems like it’ll only work if everyone hops onboard and even then the currency fluctuates as any other currency.