Why creating more coins. - page 6. | Bitcointalksearch.org

ameliana

full member

Activity: 887

Merit: 100

Quote from: Yaupgitda on November 03, 2018, 02:35:20 AM

This is one of the easiest ways to find money to achieve your goal. Unfortunately, many people saw in this the road to their own good fortune. This compromises those guys who are really trying to bring something new in life but cannot because of lack of funds.

by creating new coins, it is easier for new companies to be able to get big capital quickly.
but unfortunately it is not as easy as imagined to be able to get investors because investors need something that can convince them to want to invest in new projects, especially now there are many new projects that are not successful so investors are very careful in choosing new projects.

serizawa

sr. member

Activity: 672

Merit: 250

crypto popularity is getting bigger so many people also want to make their own coins. projects that have good concepts and a good future that will continue to grow later.

CryptoIyke

copper member

Activity: 308

Merit: 1

The proliferation is still good for the market, since it is a market that is deregulated, it makes for competition and gives wider choice to users and the stronger and better ones will eventually stand. There are speculations that bitcoin may not be the eventually top crypto to be used as a lot identified its flaws, many are coming on the premise to correct some of the flaws but so far btc remains the king, time will tell.

dizzy1996

full member

Activity: 854

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MoonDeFi

Look, as it were, there are many promising projects on the market that can ensure the competitiveness of the market and I consider this a positive phenomenon, of course there are many tokens that dump the market, but all this is temporary

Yaupgitda

sr. member

Activity: 455

Merit: 250

This is one of the easiest ways to find money to achieve your goal. Unfortunately, many people saw in this the road to their own good fortune. This compromises those guys who are really trying to bring something new in life but cannot because of lack of funds.

Iwillgotothemoon

member

Activity: 171

Merit: 14

Because everyone wants to make money from more coins
Hunter - need new activities to earn rewards
Investors - need new coins to get faster and higher profits
Merchants - need new coins to get investors' money

bolbau

full member

Activity: 574

Merit: 102

new coins or tokens sold on the market are part of cryptocurrency's own market activity. they are the same and not different from stocks, that they succeeded in entering the market by bringing new innovations in blockchain technology, this is a good sign. I think these new coins and tokens don't really have a significant effect on bitcoin transactions and other big coins. bitcoin, ethereum etc. already have their own audience, even though there are many rival coins, their strength is still the best.

Enzos

member

Activity: 294

Merit: 10

Many people are for money, they don't have real futuristic technology. Many developers issue ICO just to harvest the money of investors. This has led to a decline in the cryptocurrency market.

jackflag

sr. member

Activity: 630

Merit: 250

Glad to see you

Quote from: trader_999 on November 02, 2018, 08:40:28 AM

why not? investors are still there, funds are still investing in ICOs and getting profits. all are making money.

I would really like to look at those investors who are not afraid to invest money in those projects that are now entering the market, a few of them will succeed, and investors usually have to take care of their investments. In the current market, I would not risk any free assets if we are talking about investing in the crypto market.

axel2078

full member

Activity: 532

Merit: 100

Because they want to make money and benefit themselves. There are over 3000 different cryptocurrency active, but there are very few successful projects and have their own ideas. Most of them are copied, and of course all those projects are scam in the future. Investors will lose money if they are not lucky enough to invest in it

Baimovic

full member

Activity: 1210

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Quote from: Nolimitz84 on November 02, 2018, 11:23:45 AM

If you have an idea and you are ready to implement it, then you can also create your own cryptocurrency. This is cool. Nobody can guarantee you that success. Therefore, I don’t see anything wrong with the fact that there are a lot of altcoins at the moment.If he will be claimed, he will survive, if not then no.

crypto opens the opportunity to realize our ideas because crypto can make projects with capital far cheaper than usual. therefore many creative people finally make their own coins, hoping their projects can be realized and can develop as they wish. but unfortunately there are some people who only use ICO to get a momentary profit without seriously handling their project.

Nolimitz84

sr. member

Activity: 980

Merit: 252

If you have an idea and you are ready to implement it, then you can also create your own cryptocurrency. This is cool. Nobody can guarantee you that success. Therefore, I don’t see anything wrong with the fact that there are a lot of altcoins at the moment.If he will be claimed, he will survive, if not then no.

E_3fff

jr. member

Activity: 143

Merit: 1

Yes constantly new coins come to the market, it because all want to snatch a piece of pie. And, therefore, many coins are not very popular.

milani

sr. member

Activity: 1092

Merit: 254

Lots of people nowadays try to make their own coin because they saw the success of other projects and think they will be lucky as well. And of course they want to have a lot of money. But very often after their made their own coin and face the problem that they need to develop it and have to do something. Those who really develop their projects they come to success, but not all.

SoloV

full member

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quarkchain.io

Some teams have ideas that are very good. These teams are trying to create something new. But many teams create new coins just to make money.

Maricel2017

full member

Activity: 448

Merit: 103

Quote from: KenyonCarter on November 02, 2018, 10:41:46 AM

Quote from: Mkpez on September 11, 2018, 10:24:01 AM

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.

Well honestly we do not know that more coins are being created for what reasons but with coins like Paragon, Stellar and Ripple, it is better to invest in them.only.

I think the reason is to earn money because companies continue to create a coin to compete and offer much better services and this is form of business but some of them are created to scam greedy people. And that is why people or investors should be more picky for a coin to invest.

KenyonCarter

newbie

Activity: 173

Merit: 0

Quote from: Mkpez on September 11, 2018, 10:24:01 AM

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.

Well honestly we do not know that more coins are being created for what reasons but with coins like Paragon, Stellar and Ripple, it is better to invest in them.only.

maculeth

member

Activity: 714

Merit: 11

BountyMarketCap

actually I also hope that not too many new coins are made because their presence in the market will not be too valuable even to penetrate the top 100 in the market. it should be more focused on succeeding one coin to survive in the market and be able to rise even more, than many more new coins that they can actually call not too valuable.

Alpha0One1

full member

Activity: 588

Merit: 107

Quote from: Mkpez on September 11, 2018, 10:24:01 AM

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.

Most of the coin devs are just copycats and are just in it for the quick money.
Almost everyone can create a simple token in eth now and dump on the community.
There may be new blockchain coins with a good use case that will surely be adopted in the future.

doycku

full member

Activity: 560

Merit: 100

Quote from: Patrix_1 on November 02, 2018, 09:05:04 AM

Because it is an opportunity to earn a hell of a money. People that are doing ICOs, are becoming pretty rich, if an ICO is successful. I have seen projects that collected more than 100 million USD and the team had more than 20 percents for them.

I think that Renault his company can be viewed not only as a way to make money, but also as an opportunity to improve new services for society, different spheres of human activity, and also an opportunity to improve the security of users' personal data.

Topic: Why creating more coins. - page 6. (Read 1999 times)