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Topic: Why people try to create their own coins? - page 17. (Read 11254 times)

jr. member
Activity: 407
Merit: 3
September 11, 2018, 12:26:42 AM
Yes, maybe they want to earn money without having to work hard. This is causing a lot of people who get caught up in the scam. They just do not copy their works to attract people to invest. When they are already getting what they want, they will go and take investors money.
jr. member
Activity: 112
Merit: 1
September 10, 2018, 11:31:35 PM
Own cryptocurrency can partially replace Fiat money and become a good investment with the right approach.
full member
Activity: 448
Merit: 100
September 10, 2018, 10:22:25 AM
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

There are so many reasons but some people are not willing to take the time to solve a problem with their projects. They take advantage of the greed of some investors who don't take the time to evaluate a business but focus on just short term profit
member
Activity: 252
Merit: 10
September 10, 2018, 06:16:45 AM
Maybe they want to be popular and rich, maybe they want to makke a contribution to the crypto. Anyway they will bring something new to the cryptomarket.
member
Activity: 532
Merit: 10
Bountyhive.io
September 09, 2018, 04:57:22 PM
The main reason for those type of coin is to scam other people.  I see many coin without a basic idea everyday.. Most time it's a copy of other people's ideas,  it's just all scam
member
Activity: 252
Merit: 44
September 09, 2018, 04:39:04 PM
many decided to create their own and something big, that's a lot of coins, just a lot of people who cheat
member
Activity: 322
Merit: 10
September 09, 2018, 10:09:34 AM
The main key factor behind is to gain money.Some ventures are valuable,successful generally fail.Now a days a few organizations are additionally include to make their own coins,in along these lines they accumulate clients,which pull in their items as well.Some individuals assemble numerous individuals to engage,register coin on exchanges,pump it lastly flee with parcel of money.So the essential motivation behind making coins is to profit.
jr. member
Activity: 329
Merit: 3
September 09, 2018, 10:08:08 AM
Well, people try to create their own coins or tokens because they want to participate in the popularity digital currency with their own product. This is why every country and business minded people they have their own choice of coins which is very essentials to be funded by the fellow men.
member
Activity: 602
Merit: 10
September 09, 2018, 09:57:01 AM
People try to create their own coins, because they want to be rich, they want to be familiar, they want to be more powerful. However, this kind of like copying a product will lead them into a wrong way, wrong path and they are not successful.
newbie
Activity: 28
Merit: 1
September 09, 2018, 09:54:36 AM
These are people who are unlikely to understand the process, like Olga Buzova and want PR, or are serious leaders of large corporations that are aware of the business risks and the necessary investments.
newbie
Activity: 73
Merit: 0
September 08, 2018, 09:05:26 AM
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Yes if they are just a copycat. Maybe they want to topple the other with a matter of execution. But this is really irrelevant and would just pollute the space. However some maybe just an upgrade of the previous ones so it's alright.
member
Activity: 514
Merit: 10
●●
September 08, 2018, 08:45:59 AM
the reason may be that they want to know how and practice to make their own coins. and I am sure there is pride if they succeed in making their own coins, if not used for crime I think that is a positive thing because it enhances one's insight

If it benefits him and others it will make good benefits for everyone but making coins valuable is not as easy as what we describe.
member
Activity: 560
Merit: 11
September 08, 2018, 08:45:36 AM
Some developers copy other people's codes, hoping to make some improvement. And some simply do not have experience in programming and want to earn money.
There will always be a lot of people who will invest in the project without understanding it, thinking that would get them a big profit. Many of them will lose money.
newbie
Activity: 330
Merit: 0
September 08, 2018, 08:39:21 AM
I think a coin making is a public facility that is made to make it easier for people to do a project today, but not a few people who are not responsible for cheating to make money
full member
Activity: 504
Merit: 100
September 08, 2018, 08:27:02 AM
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
It's not for nothing, they are trying to make money or scam people out of their money. It’s a noble cause, some coins are moving technology forward, not all of them are copycats.
member
Activity: 223
Merit: 10
September 07, 2018, 07:49:10 PM
I think it is because they see the potential of realising a lot  as soon as they create and release their own coins. If a project is legit or valid and has a chance of gaining success, people will certainly invest in that project. It might my tedious to achieve a successful ICO project but most of them put their all into it because they know it will yield a lot for them at the end of the day.
newbie
Activity: 145
Merit: 0
September 07, 2018, 07:38:40 PM
For some people to create their own cryptocurrency is something interesting and new. Some create it for fun not hoping for any benefit, and for some it is hope for big earnings.
full member
Activity: 616
Merit: 100
September 07, 2018, 03:44:32 PM
the reason may be that they want to know how and practice to make their own coins. and I am sure there is pride if they succeed in making their own coins, if not used for crime I think that is a positive thing because it enhances one's insight
besides, it is very profitable if the coins they produce can develop because they can get big investors to develop their projects.
this is a very good method to get funds because there will be many people who are interested in investing if their project has a good concept and has a great team.
we all know crypto is a good business especially for new companies.
sr. member
Activity: 926
Merit: 256
September 07, 2018, 03:12:44 PM
the reason may be that they want to know how and practice to make their own coins. and I am sure there is pride if they succeed in making their own coins, if not used for crime I think that is a positive thing because it enhances one's insight
newbie
Activity: 294
Merit: 0
September 07, 2018, 03:08:25 PM
Because it is beneficial for your own enrichment, to have your own currency and distribute it to other people. And then raise its value, and get superprofits.
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