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Topic: New coins daily.. How do they do it? - page 8. (Read 17897 times)

full member
Activity: 714
Merit: 114
March 09, 2019, 08:45:42 AM
#71
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?


No, you are wrong. The coins that listed on Coinmarketcap is not a new coin, it must be an existing coin with enough volume trading to get listed there.
So, the coin itself has already value, being traded in the exchange, not a brand new coin that just have been created.
Many coins already dead before listed in CMC, so it is not easy to list there if the coin has low value.

its possible for a new coin to accumulate lots of trading volume because that coin can be promising enough  . and also if the coins is dead why would they still be listed on cmc ? that can only make a confusion   .

Quote
If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..

that is possible  . the creators of those coins might be putting a big capital to manipulate the volume  .

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How do people just make there own coins that easy?

its not hard to create a coin is you are talented and have a lot of capital  .

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i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??

whats stopping you , is that you are only an average person  , you are not powerful enough ,  you are not knowledgeable enough to what they do  .

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this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

thats not stupid , that only a business  .  that wont gonna stop as long as crypto is still here  .
member
Activity: 490
Merit: 10
March 09, 2019, 08:39:07 AM
#70
We are now during this period where new projects are launching every day, but I assure you that there will be not so much projects left on coinmarketcap within a year. We will reach this point where we would have only 200-300 cryptos.
full member
Activity: 812
Merit: 100
March 09, 2019, 08:31:03 AM
#69
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?


No, you are wrong. The coins that listed on Coinmarketcap is not a new coin, it must be an existing coin with enough volume trading to get listed there.
So, the coin itself has already value, being traded in the exchange, not a brand new coin that just have been created.
Many coins already dead before listed in CMC, so it is not easy to list there if the coin has low value.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
March 09, 2019, 12:40:30 AM
#68
CMC is  now a room for all kinds of coin,too many useless coin that are not suppose to be in the existence but yet thay are brcause some people gather themselves together to produced that.

Yes, but not all coins can compete with the other. You can see only the coin which has good support that could move to a higher position. Without that, I think it's very difficult to get a better position. People can create any coins they want because it's easy for people who have a skill in the blockchain and programming. And I think in the future, there will be many new coins will create and they will compete with the existing coins.
hero member
Activity: 1274
Merit: 516
March 09, 2019, 12:16:11 AM
#67
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?


Why you care? Are you buying their coin? If not then shut up. Cause many people doing some projects to create new and useful crypto token. I mean a platform that will cater those token worth. If you cant take it then leave the crypto industry. No one is forcing you to stay.

This is something that we need to aware, too many coins mean investors will diversify the investment and too many coins creation could lead to a lot of weak coins, which won't make crypto develop well, but the problem now everyone is free to create their own coin and most of them are used to scam, actually more and more coin adding is good as long as the quality of the coin is getting better
jr. member
Activity: 518
Merit: 1
March 09, 2019, 12:11:16 AM
#66
In these days, listing in coinmarket is not difficult as they needed just daily marketcap. Many scammed projects or coins maintaining withdrawal restriction and demanding depositing amount to invest in project still exist, they can easily maintain volume in 24 hours, so they still listed in market, but later or sooner, they will cease from coinmarket.  Approximately from today all list of coins in coinmarket, only 20-30% only have really meaningful airs in cryptomarket, rest 70% are just scammed and failed projects which are still duping money from all peoples around world.
legendary
Activity: 1596
Merit: 1011
March 09, 2019, 12:10:29 AM
#65
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?

Coin that does not have a good vision and mission will only take a moment. The coin can't grow and I don't think it will make investors interested. the more useful and interesting a Coin will be to make the coin more trusted, it will make a development and useless Coin will only disappear and then die forever.
sr. member
Activity: 841
Merit: 251
March 09, 2019, 12:06:05 AM
#64
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?


Why you care? Are you buying their coin? If not then shut up. Cause many people doing some projects to create new and useful crypto token. I mean a platform that will cater those token worth. If you cant take it then leave the crypto industry. No one is forcing you to stay.
sr. member
Activity: 784
Merit: 250
March 08, 2019, 11:56:39 PM
#63
Now many new ICO coins appear and they have to do a screening. So it's not just any ICO coin that can be entered in Coinmarketcap. Many companies are interested in making money from Crypto. So they did everything they could to sell their ICO coins. Even though there are still many ICOs that fail and many ICO coins have no selling points.
member
Activity: 238
Merit: 37
March 08, 2019, 10:04:10 PM
#62
CMC is  now a room for all kinds of coin,too many useless coin that are not suppose to be in the existence but yet thay are brcause some people gather themselves together to produced that.
member
Activity: 280
Merit: 11
March 08, 2019, 09:56:29 PM
#61
In the crypto sphere now,everyone is a dev,it is so bad now that some people from somewhere will just gather themselves together and claimed to be dev and team coming up with useless coin.
jr. member
Activity: 434
Merit: 2
March 08, 2019, 08:02:30 PM
#60
the crypto sphere has turn to money making market that different people coming up with different coin everyday, everybody has suddenly turn dev and that is why we have too many useless coin making up the market.
sr. member
Activity: 784
Merit: 250
March 08, 2019, 07:55:22 PM
#59
Because we are now at such phase of the market growth and I am sure at least 50 percent of all these projects would not survive after one year. The true brilliants have already released their products and are now working on network spreading.

It's actually higher than 50 percent, my guess is it out 10 that launch their ICO only 2 will have moderate success some of them will pause their project, some of them will just stop their crowdfunding and those who manage to get some funds will run away leaving the project abandoned ICO is in a sorry state.
most of your opinion was true if we compared with real condition at this moment.only few projects that could survive and continuesly developt their projects.maybe only around 5% from total projects as founder Ethereum said before.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
March 08, 2019, 07:33:51 PM
#58
Because we are now at such phase of the market growth and I am sure at least 50 percent of all these projects would not survive after one year. The true brilliants have already released their products and are now working on network spreading.

It's actually higher than 50 percent, my guess is it out 10 that launch their ICO only 2 will have moderate success some of them will pause their project, some of them will just stop their crowdfunding and those who manage to get some funds will run away leaving the project abandoned ICO is in a sorry state.
full member
Activity: 1176
Merit: 162
March 08, 2019, 06:54:11 PM
#57
If you are checking Announcement(Altcoins) daily you can see a new added project daily there is no doubt even in bounties board new bounty project is added almost everyday and there is no stopping it for now. There is scam but there is also legits but I dont like it, why not just support existing coins atleast top 10 on coinmaketcap to increase adoption, everyone just want to create their own coin/token and make some money and there is so much stablecoin that exist right now I dont know if its really backed by someting like gold etc.
full member
Activity: 560
Merit: 101
Migranet ITO
March 08, 2019, 06:50:25 PM
#56
If people are giving value to all those coins, who are you to say they should be worth nothing?
hero member
Activity: 1358
Merit: 509
March 08, 2019, 06:45:28 PM
#55
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?

Nothing can stop you. Most of the coins in Coinmarketcap are shitcoin. When it is time to resist, most of it will be ruined. Even it lists the money with some criteria. There are thousands of counterfeit money which was not listed.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
March 08, 2019, 06:36:31 PM
#54
I also see a new ICO program being launched every day.
I don't understand the more coins / tokens, the smaller the chance that the coin will survive in the marketcap. in the end a lot of coins die and the volume decreases then becomes a rubbish coin.
I think there must be a new regulation for the ICO.
full member
Activity: 810
Merit: 101
March 08, 2019, 02:59:31 PM
#53
New coins are not so difficult to create. Initially, the developers themselves can create the appearance of trading in order to draw attention to the coin. Everyone is trying to earn as much as they can.
member
Activity: 320
Merit: 17
free space pm if interessed
March 08, 2019, 02:57:42 PM
#52
to be listed on coinmarketcap tokens need to be listed on two or more exchange of medium importance, i think that coinmarketcap has a program that automatically adds tokens if they reach certain conditions, create a new token is easy and even free is all the work around that is hard like create good publicity, interest and a credible ico
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