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Topic: What is that? (Read 258 times)

member
Activity: 210
Merit: 10
August 03, 2018, 02:55:48 AM
#34
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Of course, bitcoin is the father of all crypto-currencies and everything started from him. I think that there are many reasons why many people in the world create their own coins. For example, ambition, wealth, fame and the desire for new technologies
hero member
Activity: 868
Merit: 500
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March 18, 2018, 09:11:44 AM
#33
Bitcoin is the first big project that could attract real investments and show that the technology is fully operational.   
It is a big project but Bitcoin could just not want to work anymore then the price could go lower. I feel that if the prices goes down that much, people will not use Bitcoin or crypto.
full member
Activity: 482
Merit: 117
March 18, 2018, 09:09:28 AM
#32
because bitcoin is more widely distributed coin without bitcoin no one can transaction through any another coin. bitcoin more trustful and one thing every individual coin has it's own object and speciality. so that in cryptoworld there are so many coins are established.
full member
Activity: 376
Merit: 103
March 18, 2018, 09:05:03 AM
#31
In some ways, it will be difficult to build the similarities betwen bitcoin as tool of payement and other altcoins (ex:ethereum) where the only similaritiy will be that they are both cryptographic codes. Ethereum functions are based on smart contracts in the ethereum virtual machine where anybody or entity can build a DApps (Decentralized Applications) and provide solutions.
sr. member
Activity: 532
Merit: 250
March 18, 2018, 08:58:55 AM
#30
Putting aside ethereum and such few projects, most coins were created to fund the projects, they don't necessarily need a token and also most for just scam not even to create a project.
full member
Activity: 868
Merit: 108
March 18, 2018, 08:47:32 AM
#29
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?

 For me Bitcoin is not the mother of all coins but the king of all digital currency in the  crypto world. There are many reason why people are making their own coins but the main reason is they want to earn money from that way, so their are trying to make their own coins.

member
Activity: 252
Merit: 11
March 14, 2018, 03:28:51 AM
#28
sure bitcoin is leader of crypto, but investors in the world find more than bitcoin be cause profit from bitcoin is not maximal again like 2years ago, and now altcoins have potential to get PROFIT more than bitcoin, thats why so many altcoins, and i dont know who is the creator of eth but eth exist to make choice your alternatif coin from bitcoin
full member
Activity: 364
Merit: 100
March 14, 2018, 02:56:33 AM
#27
People think that you can create a fork bitcoin, come up with a name and logo, make ICO and get rich, while others think that you can buy tokens on ICO and also get rich
jr. member
Activity: 294
Merit: 3
March 14, 2018, 02:23:11 AM
#26
BIT COIN IS MOTHER OF ALL COINS BUT ITS MINING IS GETTING HARDER DAY BY DAY PLUS OTHER ALTCOINS ARE RUNNING BLOCKCHAIN BASED PROJECTS WHICH THEY CANT DO WITH BITCOIN SINCE ITS SO EXPENSIVE
newbie
Activity: 109
Merit: 0
March 14, 2018, 02:19:46 AM
#25
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?
To test their abilities and intellect thats why they created another coin. They would feel so good if their creations would be successful. Satisfaction as what it is. In terms of etherium, You have a net connection their so for sure you can google it.
sr. member
Activity: 812
Merit: 254
Leading Crypto Sports Betting & Casino Platform
March 14, 2018, 02:05:07 AM
#24
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?
they create altcoin because they know the altcoin prospect is very good. on the other hand the total supply of bitcoin is very low and bitcoin becomes expensive. now altcoin can be an alternative trading dnegan low prices and may be expensive so altcoin useful for traders.
member
Activity: 658
Merit: 10
Community Builder and Telegram Moderator
March 14, 2018, 02:02:56 AM
#23
Bitcoin is like US Dollars in crypto world, widely accepted and base for other currencies to be pegged.

Altcoins are like Yen, CHF, Euro etc which are pegged to bitcoin  although each of them have a separate function in their own country.

PS: you may like to edit your thread subject.
member
Activity: 322
Merit: 15
March 14, 2018, 01:58:28 AM
#22
Altcoins are made from different purposes and objectives. There are many companies that created these projects for them to grab the opportunity to join the train.
sr. member
Activity: 602
Merit: 250
March 14, 2018, 01:54:34 AM
#21
Bitcoin is the first big project that could attract real investments and show that the technology is fully operational.   
full member
Activity: 535
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#SWGT PRE-SALE IS LIVE
March 11, 2018, 05:02:02 AM
#20
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?
they make their own coin to use it on different purposes. and also to add another coin in the market to circulate.

I dont know who is the creator of ethereu, but whoever he is, he is so amazing that every altcoins made are based on erc20.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
March 11, 2018, 04:46:18 AM
#19
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?
I can say more than 70% altcoins in the crypto market is a tokenization from every foundation or companies. But that doesn't mean if that was backed by asset or other.
Since the crypto was started from the open source code and there is a lot of people were trying to take an advantage from there through create their own crypto to attract buyers and they get money instantly.
full member
Activity: 476
Merit: 100
March 11, 2018, 04:45:11 AM
#18
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?
Bitcoin is the first decentralized cryptocurrency (check link below). In other words, it is the pioneer and now the leading coin in the market.

https://en.m.wikipedia.org/wiki/Cryptocurrency

About Ethereum and its creator, click link below.

https://en.m.wikipedia.org/wiki/Ethereum

Many individuals and entities today are into creating their own cryptocurrency simply because they wanna earn big via the "Initial Coin Offering" or more commonly known as ICO.
full member
Activity: 381
Merit: 101
March 11, 2018, 04:38:52 AM
#17
Just cause there is Google or Amazon or Facebook doesn't means that people should stop creating their alternatives. Alternatives are good as they increase competition and prevent monopolies. The more competition there is the more innovation it is going to create in the crypto space.
Secondly, Ethereum is a platform for decentralized applications and tokens on which developers can develop using the Solidity language.
full member
Activity: 854
Merit: 100
March 11, 2018, 04:21:31 AM
#16
They just follow suit with the technology. There are other usecases for the altcoins. Some popular altcoins are used to make ICOs and some are privacy coins and etc.
full member
Activity: 476
Merit: 105
March 11, 2018, 04:19:26 AM
#15
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?
Here's the Ann thread of the ETH https://bitcointalksearch.org/topic/ann-ethereum-welcome-to-the-beginning-428589 The co-founder of the ETH is Vitalik Buterin you can check his profile here on the bitcointalk or just do a google search to find more.
One the reason why more people are creating their own coins, blockchains and tokens is because of its usage and functions, we all know bitcoin is the number one coin and the father of all cryptocurrency but its features are limited added by its own problem over the transactions and scaling, that's why they're filling its hole by creating another coin for their own platforms or usages but some of them creates coins just to scam people or to fill their pockets with more money.
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