New coins daily.. How do they do it? - page 5.

imsotiredofmoviereboots

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Activity: 476

Merit: 100

Quote from: Queen_Amber on March 06, 2019, 05:07:18 AM

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

I think if you aren't a newbie in this space then you would know that it isn't really hard to make your own altcoin or specifically a shitcoin where they just hired devs to make their erc20 tokens. The money raised can be sometimes manipulated by their own and also to the part of the coin where it shows on cmc that it has a good volume to attract new and real buyers.

babicena14

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Activity: 780

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In my opinion, it is not so easy to find and convince a person to buy your coin. Yes, it is true that new coins appear every day, but you need to understand that to get to coinmarketcap, the coin must meet certain requirements. Therefore, I believe that everything just looks from the outside, but in fact it requires a lot of effort.

Xclusive5

full member

Activity: 672

Merit: 100

Quote from: Queen_Amber on March 06, 2019, 05:07:18 AM

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

The thing is everybody just want to make quick money and run away. All these tokens that are being added to coinmarketcap on a daily basis doesn't worth investing in them. The only thing that can stop all this shit in crypto world is regulation of ICOs.

cahbagus555

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Activity: 756

Merit: 12

Quote from: Queen_Amber on March 06, 2019, 05:07:18 AM

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

its happen because there is no regulation in crypto market right now. Any people can make their own coin right now and can launch ICOs whether having a real project or not. Thats why many scam ICOs in 2018 and i think government regulation needed to avoid scam ICOs happen again

hamzeto

jr. member

Activity: 136

Merit: 1

This is a very interesting topic u brought up here, first of all; it's not that easy to make one own coins, not to even talk of getting listed in coinmarketcap. Getting listed there have certain criteria that has to be met before hand. Also the value of most of these coins also either depends on their demand and supply or sometimes their usecase. But you are absolutely right, we have a lot of useless coins in existence and most of them are just it in just for the money, not even caring at all for their investors at all, giving the cryptocurrency arena a bad face. But let's all tread and trade with care.

fulcare

sr. member

Activity: 588

Merit: 254

The Standard Protocol - Solving Inflation

Quote from: Btchunter3333 on March 17, 2019, 12:26:33 PM

Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).

But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day.

Btchunter3333

full member

Activity: 486

Merit: 102

Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).

Chainsmokers

sr. member

Activity: 1372

Merit: 252

Quote from: Queen_Amber on March 06, 2019, 05:07:18 AM

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

Indeed, if we see so many new coin coins that appear in the cmc list. But, to enter the cmc list of coin coins must reach certain criteria and at least need a certain level trading activity. I think the emergence of new coin coins for investors is also an opportunity to benefit if we have several new coins with high potential, or at least we can get a big profit from what we have spent.

IndianaJons

member

Activity: 336

Merit: 10

Proof-of-Stake Blockchain Network

Quote from: Queen_Amber on March 06, 2019, 05:07:18 AM

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

An ordinary person stops having an idea. If you have a good idea, then you can build a team for its implementation quite easily. And if the idea is really worthwhile, then the collection of investments is not difficult.
So look for good ideas and create your own projects.

beehimneff

member

Activity: 574

Merit: 10

The answer to this question is already in the question-because you are a normal and honest person.

Honest and decent people will not make money fraudulently, creating useless shit coins. Wink

But the amount of shit coins surprises and amazes.

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

There are whole services providing services from creating your own coins to putting them on the market. Obviously, these are just schemes after which the coin will be worthless trash on investors' wallets.

fulcare

sr. member

Activity: 588

Merit: 254

The Standard Protocol - Solving Inflation

Quote from: Jack_Sin on March 16, 2019, 08:04:14 AM

I agree if the assessment is about ICO because it is so easy for them to get money even the concept is almost exactly the same as the previous ICO, but to be listed on CMC there are requirements that must be fulfilled and not all new ICOs have successfully registered with CMC

Since you can copy paste the source code of every cryptocurrency everybody can create coins.

bitstalker

member

Activity: 383

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ended when scammers who tried to deceive the masses stopped and also the cryptocurrency was completely extinct, but the main cause in my opinion was because it was related to fraudulent activities

bitcon

legendary

Activity: 2212

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Quote from: Emilyp on March 12, 2019, 07:39:14 PM

It's becoming increasingly difficult to keep tab with the number of coins flooding the market every now and then. Many of these coins lack liquidity and no actual utility, you will find yourself at a huge loss if you invest in any of them.

It is too risky to invest in the unknown tokens. Many of them are created to be pumped and dumped. Thousands of investors lose money when buying them. I trust only first 100 altcoins and work with them.

Jack_Sin

full member

Activity: 548

Merit: 100

I agree if the assessment is about ICO because it is so easy for them to get money even the concept is almost exactly the same as the previous ICO, but to be listed on CMC there are requirements that must be fulfilled and not all new ICOs have successfully registered with CMC

Correlll

member

Activity: 310

Merit: 10

Crypto currencies are representing a big raising trend in the whole world at the moment, thats why there are so much projects that want to get their own piece of pie. Within some time, a lot of project will be eliminated from this market.

Betwrong

legendary

Activity: 3374

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I stand with Ukraine.

Quote from: ?? on ??

Who say coinmarketcap add new coin daily?? If you say new coins created daily that's right because so simple to make token, but for listing in coinmarketcap, there are so many requirment must to complete. Still many project since 2017 not list in coinmarketcap until now. I think easy just dont buy it if you dont agree with project

Although it is true that not just any coin can be added on CoinMarketCap, the OP is probably right regarding "new coins added everyday". There are 2,112 coins/tokens listed currently on CMC. Divide that amount by 365:

2,112 : 365 = 5.786

and we can see that a new coin could be added each day for a period of almost six years. But I agree with you that in fact more coins are created each day, and only a part of them are listed on CMC. What strikes me is that some scam projects manage to sell their tokens to their beguiled customers even without being listed on CoinMarketCap. That's not to say that presence of a coin/token on CMC is enough for a project to be trusted.

ariyzt

member

Activity: 602

Merit: 12

actually that not new coin
that new coin in coinmarketcaps is old coin on market exchange
not easy to list on coinmarketcaps
you need to pass some requirement to list there

modmalaney

sr. member

Activity: 700

Merit: 251

Quote from: fosco333 on March 15, 2019, 12:18:13 AM

Quote from: Queen_Amber on March 06, 2019, 05:07:18 AM

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

I think the listed coin in coinmarketcap.com is not a new coin, thats why they already have marketcap.
A coin that just have been created won't have value, they need to create the project to gain value from others.
And if peoples trust the coin, they will buy the coin to support the project.

Yes, I agree with you that it is not a new coin but has been going on for a long time. And with the hard work of the team to continue to develop coins, so this coin can be entered in Coinmarketcap. I think this is good and now after they can enter Coinmarketcap, and this coin will compete with other coins.

fosco333

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Activity: 1260

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Quote from: Queen_Amber on March 06, 2019, 05:07:18 AM

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

I think the listed coin in coinmarketcap.com is not a new coin, thats why they already have marketcap.
A coin that just have been created won't have value, they need to create the project to gain value from others.
And if peoples trust the coin, they will buy the coin to support the project.

Topic: New coins daily.. How do they do it? - page 5. (Read 17873 times)