Topic: Why creating more coins. - page 14. (Read 2035 times)
There are so many sectors of the economy and lifestyle that needs new coins. Very soon cryptocurrency will be Globally adopted and every coin will have a special use case assigned to it. Example Traveler token will be used to pay for travels and hotel bookings, etc. And so does other new coins. Capische
Create more coin is sams like we have some ide and making it with blockchain.
When it be that why we need a coin.
In this world cryptocurrency just have a begins and will grow more and more again.
When it be that why we need a coin.
In this world cryptocurrency just have a begins and will grow more and more again.
They create more newly coins because there's a lot of good idea and services that is deserving to develop around the internet using the crypto process. Well, its good to be in crypto market because your potential costumer is those people around the world. Also, this kind of process is in demand to lessen the effort, time and fee of course. The is the main advantage of crypto that's why they want to create more to benefits on that easily.
Crypto currency increasing rapidly and lots of them are not useful. But some of them really improving and seems that after taking some time they will be promising crypto like ethereum and bitcoin.
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.
This is the market of cryptos and so as the world of business...since many developers wants to gain success bitcoin has which make some multi millionaire they start creating such coins hoping in future time it will lead to the same path bitcoin has. But the idea of focusing to one coin is good that is if the supply is not limited and enough to support the growing demand. 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.
It simple, they want to earn more money among the ICO, even the ICO reached their hardcap, all those companies have earned the big money, and they can sustain and develop the project, anyway some scammer have stolen all the money and never active again.
I think Cryptocurrency project is similar to a country that have their own currency. That way they would be able to manage their internal system and maximize them just as what they need.
Each new coin/token has it own project and technology and purpose 
. New coin/token created with main purpose that improve crypto world and seem like there are few coins/tokens are doing it really well . Beside I think it's also really good for traders and investors cause they'll have more choice to invest their money in .
. New coin/token created with main purpose that improve crypto world and seem like there are few coins/tokens are doing it really well . Beside I think it's also really good for traders and investors cause they'll have more choice to invest their money in .Yes its true so many tokens and coins are releasing daily because there are so many ico and project always releasing too. To improve each token what will be the possible potential in the future.
Every company wish to have their own unique coins that they hope it would be useful to support their project. Cause if using the current available coins, they would had a difficulties to makes the coins fit the need of their project.
I agree with what you propose as new motivations in crypto, keeping coins that have long been circulating and quite popular dicrypto must be implemented, instead of making new coins or tokens with the price of a dump behind
Because those coins or token had is own uses and not all of that can use for their purchasing because they also wanted to create their own coin to gain money also and competing is the number one why those people and projects continue to create and build coins/tokens they want to signify that their business are use for their coins or tokens only and their money going around in circles and gain profit.
Also confused about this, now a lot of new coints are popping up, too many old coints, goals for investment or anything, but I don't think that all coints have good potential, in the future there will definitely be a coint that will die, if you want to invest in coint you must be good at choosing a coint that is good and worthy to be made an investment
Its because people are greedy and they want easy money by creating scam ico or no good project ico. without any good product in the market.
they want to create they own coins that is why they create. a company wants to enter in crypo so they create their own. a group have ideas to they create their own. to raise money for their project they need to create coins. for those that fork coins i think they just want easy money.
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.
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.
Some coin created with different purpose than bitcoin. I think more coin created, we as investor have more choice to invest. There is good altcoin with working product and i think good to invest. Market will make survive or not because market is good jury
Why creating more dogbreeds? Why do people make so many car brands and types? etc. etc. It is just the human nature to create........
Why not? We have not made a great breakthrough yet, so we should look for a groundbreaking project, which really does not have to exist at the moment. For this reason, crypto startups should come with new and unique sustainable ideas (not copycats) to make a global impact. Yeah, we have got many useful coins that are constantly developing but imagine a situation when BTC was the only crypto and others did not exist. How different the whole space would be without ETH and its decentralized applications? Do not throw obstacles under the legs of innovative people, embrace their courage 
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Its all about competition which is very common in businesses organizations and so on but my problem is this there flood the market and some do not even survive and do not even last
Why not? Everybody free to create their own business and as long as they find "customer" they can duplicate whatever they want.
I think they think about more competitor. If they develop more coin more people investing in it and it’s create competition.
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