New coins daily.. How do they do it? - page 9.

d1ceplayer

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Quote from: Xardasim on March 06, 2019, 07:06:15 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?

Stupid and money-saving coins are the ones created in the past. It is unlikely to be listed in coinmarketcap with such ideas these days. In addition, there are so many new money created and only a few of them is listed in CMC.

I have lots of shit coins I have invested in in the past that ended up not having a position on coin market cap and not even all listed coins on CMC can start the test of time, personally for me, what I do most is to invest on the top 20 coins no matter how expensive them may look.

I don’t have to buy full coin to invest, most other coins are being threatened by the rubbish activities going on in the crypto world. Only BTC is still the most reliable coin for now which we seriously need to embrace more.

Galantin

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People aspire to become rich. Run your own project and are waiting for a miracle. But now there is too much competition on the market. Only the strongest companies can compete in this competition.

ricardobs

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Quote from: Cosbycoin on March 08, 2019, 02:58:01 PM

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?

A lot of peoples are starting their own start-ups for which they regulate a new coin which would be accepted as a payment source on their platform.

These coins are regulating into circulation and are getting the fund raisings from various angel investors, big whales, etc. There are thousands of ICO projects who launch their own coin so you can imagine how fast the numbers of CMC coins are been filling up.

People make a lot of money from ICO because they spend a lot of money in making the ICO a successful one, most time I come to the forum and see how startup ask for people who can join their team for tokens, they even go as far as looking for devs that would be able to work for them for coins, and I begin to wonder if those companies don't have enough money to pay developers to work on the project, how would they ever have money to market the project that has been built because no good marketing agency will want to work for tokens instead of real cash.

Cosbycoin

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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?

A lot of peoples are starting their own start-ups for which they regulate a new coin which would be accepted as a payment source on their platform.

These coins are regulating into circulation and are getting the fund raisings from various angel investors, big whales, etc. There are thousands of ICO projects who launch their own coin so you can imagine how fast the numbers of CMC coins are been filling up.

danherbias07

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It is easy with ERC20 of Ethereum. Wink

But for you to be funded you will need a team, website, whitepaper and some capital also to pay for your team.

Some did it using fake names and fake pictures of different individuals. That is if you can get away from those who will check you. Cheesy

So will you still do it considering you will also need to pay first for all of that just for a $1000 profit? Cheesy

tonibyuzen

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“Justice as a Service Infrastructure”

In order to stop the flow of new coins that do not have any useful value, it is necessary to introduce strict regulation of all coins. If the coins will be controlled and will have to meet the standards we will be able to get rid of a huge number of unnecessary coins.

defoman

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Demand generates supply in the market, if all these shitcoins someone buys, then it is profitable to produce them again and again while there will be new investors ready to invest their money in the air. Perhaps the problem is that people before investing in cryptocurrencies do not want to learn more about it and protect themselves from scams.

JohnMacZeppelin

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In this, in general, there is nothing difficult, the most difficult thing is how to follow these guys, so that these are not just tokens but really secured tokens that will really be worth something.

siorapokk

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Because we are now at such phase of the market growth and I am sure at least 50 percent of all these project would not survive after one year. The true brilliants have already released their products and are now working on network spreading.

cryptogeek101

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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 i also observed the same thing in the coinmarketcap, however i believe listing a new coin or token in the coinmarketcap is not all that very easy, there are not lots of market conditions one has to meet before one get listed

Gontxi

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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?

no, you can't stop it like the number of new ico popping up. I think regulation should be there to become a legal umbrella.
but it is inseparable from the many innovations developed from previous altcoins or carrying ideas such as bitcoin.
so, the point is you don't have to focus on altcoins that aren't attractive to you, make experience and knowledge in every speculation

criket

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Quote from: electronicash on March 07, 2019, 08:41:44 AM

no one is stopping you from creating your own coin but making people use your coin is the real challenge here. being listed on coinmarketcap means your coin will have a volume of more than 10K USD not to mention you will have to pay for it to be listed to an exchange. its not that easy but you can try. my suggestion is to just fork a coin after all its much easy to do.

there's not much we can do to make the volume of coins we have to grow. until now the market response is needed on the performance of the developer. if the platform develops well, I think there will be an increase because it is a new coin.

electronicash

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no one is stopping you from creating your own coin but making people use your coin is the real challenge here. being listed on coinmarketcap means your coin will have a volume of more than 10K USD not to mention you will have to pay for it to be listed to an exchange. its not that easy but you can try. my suggestion is to just fork a coin after all its much easy to do.

tabas

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It's a problem that keeps on coming everyday. There are developers that just do it for fun and some are hoping that their coins are going to be great one day so they never stop doing it. Bitcoin will stop these coins once people understands that there's a need to support one coin for all and that is through bitcoin.

pat25

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Welcome to the world of cryptocurrencies where everyone can easily create an idea and if he finds some people that will follow his idea, then the coin is created and have its own community.
I love cryptocurrencies thanks to this possibility. Cool

beerlover

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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?

This kind of mentality is what is making a lot of scams coming out with ICO’s just to raise money, you can actually start your own Initial Coin Offering too provided you have purpose driven project that you are passionate about but the challenge with these new coins is that some of them, at 60% of them end of parking up due to lack of proper management and strong team.

Those coins are actually not necessary, well I really blame decentralization for paving way for this, no regulation of any sort at all, too many of these coins are reason why block chain technology is still not embraced, we would have rather embrace one or two of these coins so it can have more effects on the economy.

clonely

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SEND AND RECEIVE MONEY INSTANTLY

It's not that important to be listed in the CMC. There are about 2100 crypto currencies listed in the CMC. However our consideration is no more than 250 pieces we received. Therefore, we need to consider market data rather than CMC coin/tokens amount.

traderethereum

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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?

Who doesn't want to make a profit from creating new coins? I guess if someone has a skill in crypto and he can create the coin, he will use his skill to build the team, developing the project, promote the project, make an offers to the investor. We cannot stop them from creating a new coin because they have free to create the project. But the truth is if their project cannot give benefits to people, I don't think that their project is worth.

They were raising much money from the investor, and we know that the investor is thirsty for making a profit and they will join with the project if the project is very good for them. I think that coin will help traders to gain more profit because when the coin get the list in the exchange, every people who have that coin wants to see the price is at the higher price so they can sell it for making the profit.

zhekinsp

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Most of the people create an ethereum based token and start launching their ICO but it really not a project to invest the team will run away with your money so never invest on the ICOs if you don't know how to evaluate it.

Saisher

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Quote from: Little Mouse on March 06, 2019, 09:14:03 AM

Creating a token or starting your own copy cat coin is nowadays as easy as that a high school boy can do that. So, it's normal that thousands of coins are there but problem is everyone is shit.

if you have $100 you can have your own token and a whitepaper for your project, this is a very cheap for a start an additional $400 you can launch your own ICO you can hire people on the service section or on Fiverr to be part of your team and create your website, you do not need to spend more on bounty campaign you have your token to give away, that's how easy it is.

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