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Topic: Why creating more coins. - page 11. (Read 1999 times)

sr. member
Activity: 448
Merit: 281
October 04, 2018, 03:16:29 AM
There is many people who has different vision on the cryptocurrency. And if one have an instrument for creating his own coin, he will obviously create it. Why he should deny himself the pleasure of creating a new cryptocurrency?
People will always have vision and an idea and one thing with idea in the past is that when you do not have funding or when you do not have a product and you find it hard to even project it out there or have the funds to push it, the project eventually becomes dead. This is one thing I have known the blockchain technology to have changed and people with ideas are really taking advantage of it which is why we keep seeing more coins being created, on and on.

The only thing here though is that, there are also some greedy ones who are just out there to scam and really do not have any product to want to give than to cart away with investors fund, which is why it is important to always invest in a project with a product and not an empty promise.
jr. member
Activity: 252
Merit: 3
October 03, 2018, 01:43:59 PM
Creating a large number of coins, says that more market participants want to earn on cryptocurrency.  I believe that most ICOs do not work as they say.  But there are projects that are really promising.
full member
Activity: 518
Merit: 100
October 03, 2018, 01:18:50 PM
i am also wondering about that first.But i can understand its all about the competition .Strongest project`s coins will remain long,weaker projects`s coins will vanish(dead).

Creating a new crypto is the sign that many people are develop their skills to create own coins. Coins that can be useful in our world or in our economy. But of course there's a lot of shitcoins and scammer through promoting ICO project to steal the money of investors.
jr. member
Activity: 116
Merit: 1
October 03, 2018, 12:56:40 PM
i am also wondering about that first.But i can understand its all about the competition .Strongest project`s coins will remain long,weaker projects`s coins will vanish(dead).
jr. member
Activity: 165
Merit: 5
October 03, 2018, 12:55:22 PM
creating a coin means that cryptocurrency still develop by many people. it means that crypto grows time by time
yeah maybe there are shitcoins too, but it is still better than no developing on coin anymore
I think so many people want to create their own ICO company. Well, I think it's pretty good, because it can develop the potential of many people to build new coins. but of course it's not easy, and a lot of scams because of that. yeah, but i think this is pretty good, because they make new products from the internet.
They created more coins to promote in a future and to be able to develop there learnings in crypto as well. Every coin has a potential so eventhough not popular yet it's more potential if it's more demand with individuals.I think it's more likely in investment.
jr. member
Activity: 238
Merit: 2
October 03, 2018, 12:51:31 PM
With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.
The current coins cannot be maintained because of greed and love for money. Everyone wants to create coins to just trade and disappear.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
October 03, 2018, 12:47:14 PM
creating a coin means that cryptocurrency still develop by many people. it means that crypto grows time by time
yeah maybe there are shitcoins too, but it is still better than no developing on coin anymore
I think so many people want to create their own ICO company. Well, I think it's pretty good, because it can develop the potential of many people to build new coins. but of course it's not easy, and a lot of scams because of that. yeah, but i think this is pretty good, because they make new products from the internet.
newbie
Activity: 188
Merit: 0
October 03, 2018, 12:44:08 PM
#99
With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.
There is nothing wrong in creating more coins. It has to be very obvious that these coins would bring in new ideas. Coins like Prg, Xrp and Ada and all already brought in great projects and ideas.
member
Activity: 644
Merit: 12
Alternative investment banking platform
October 03, 2018, 11:04:17 AM
#98
No matter how many coins are created, it is important how many coins survive. And this is a very small number. For example, on the WAVES platform, anyone can create their own coin, but it will be absolutely not liquid. IMHO, you just do not have to pay attention to it.
jr. member
Activity: 140
Merit: 1
October 03, 2018, 10:23:28 AM
#97
With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.
i really like the topic! to me, such a variety of coins means they just want to try every posible way and see what works better for the public. then they will understand what coin will replace fiat
hero member
Activity: 994
Merit: 504
October 03, 2018, 09:06:07 AM
#96
With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.

Obviously, people create more and more coins just to get some money from investors. Those kind of coins that doesn't even have any use in the community.
jr. member
Activity: 350
Merit: 4
October 03, 2018, 08:22:52 AM
#95
There are so many sectors of the economy and human lives that cryptocurrency and blockchain technology have not innovated yet. creating new coins for different purposes is the target.
in my opinion creating new coins is fun and it is a captiveting thing to do so why not to try and see what you czn and can not achieve
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 03, 2018, 08:42:00 AM
#95
creating a coin means that cryptocurrency still develop by many people. it means that crypto grows time by time
yeah maybe there are shitcoins too, but it is still better than no developing on coin anymore
jr. member
Activity: 350
Merit: 4
October 03, 2018, 08:22:04 AM
#94
With recent market situation, I begin wondering why creating more coins. Does it means that if all effort is put on bitcoin, the community will not achieve her goal? If that is true, why not we maintain the existing ones to enable them have more stability and gain global recognition.
Some of the said coins are duplicating functions, why not merge coins with same functions to enable the community grow faster.
Currently some investor are passing through hard times and if all our effort is targeted towards the first 10 or 20  widely known coins, their standard is maintain, investors will be happy.
in my people just want to develop themselves and to see whether they get the result they want besides it is nice to have a choice
newbie
Activity: 345
Merit: 0
October 03, 2018, 08:21:24 AM
#93
There are so many sectors of the economy and human lives that cryptocurrency and blockchain technology have not innovated yet. creating new coins for different purposes is the target.
full member
Activity: 616
Merit: 100
October 03, 2018, 08:21:05 AM
#92
Everything is simple, because first of all, people are trying to make money on this as well as transfer their business, if there is one, to the digital sector, and in general, they can get great, because now is the time when it can be done.
full member
Activity: 854
Merit: 100
October 03, 2018, 08:16:32 AM
#91
I think it depends on the goals and intentions of the owners. If they are not interested in global adoption of their tokens and just for the money then it's most likely that they will not collaborate with similar projects.
member
Activity: 378
Merit: 10
October 03, 2018, 08:15:32 AM
#90
Creating a new coin, means give a green light to another great project. Usually a lot of them are turning scam. But the idea of ICO as an investment method, opens the doors to the new investors. There are so many people in this market, that could help to create a new great project, by providing their funds. As an investor, you should check the projects better, or without good investigation, you can lose your savings.
full member
Activity: 700
Merit: 101
BBOD Trading Platform
October 03, 2018, 08:14:13 AM
#89
the number of new altcoins making is the goal of some people to expand and expand the crypto currency community, then they know that crypto currencies will have a good future, with the hope that the company they make will be better if they create altcoins for their companies to increase the share price of their company.
jr. member
Activity: 406
Merit: 3
October 03, 2018, 08:05:44 AM
#88
New promising projects are being created that want to create competition already known and popular.
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