Topic: Why people try to create their own coins? - page 30. (Read 11262 times)
Money is the key factor for most of these guys, you'd be surprised how many of these guys are running multiple projects as well.Due to the attention that is now focused on the ICOs there will be a lot of people coming along and creating an ICO for no other reason than to rip people off, this will happen for sure and we as a community need to be aware of this.
First of all, they want to make some money, but people who target only in this usually make scam projects. If we talk about projects, which wants to provide blockchain in different spheres of our life, this is very nice for progress and sounds promising. What about copies, someone wants to make better coin than original and that okay.
It's obvious that main reason is making quick money. Almost all ICO' s get financing during market growth. We see result now. 80% of projects are scam or inactive. Where is the responsibility to investors and comminity?
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? 
because many people here want to try profits, cryptocurrency is like playing gambling, there is no guarantee for you to always get a profit. dare to take risks in order to get big profits.
Currently cryptocurrencies are a big thing and they are expected to get mainstream in a few years, so a lot of people are trying to get into the industry in some way or another, because it will bring a lot of profits in the future.
they only want the identity of their own coins. and they hope at a high value on the coins they launch on the market. whereas in reality, new coins that appear, will only sink by other coins that were first in the market if they were not able to make the value of their coins even higher.
I also produced my own coin, but what is the value? What will it do? For example, waves are very convenient.
I think they just want to make money. These bad people create projects not for technology but for money.
There are scammers on the market. BUT many coins are more technological than bitcoin, and perform more functions than bitcoin.
A good example of a coin is the nebulas
Many people believe that they will be able to repeat the success of Bitcoin. And they think that it is not necessary to make special efforts, they believe that it is necessary to create a currency, issue, place on the exchange, and make a profit. However, they do not think about its relevance.
I think they just want to make money. These bad people create projects not for technology but for money.
Because it is very profitable, you have a good idea, but you have little capital then you can start your coin something similar to the startup and promote it along with your knowledge and if the idea is really worth it you will be rich!
Because this is a good profit, if Iko succeeded then this company earns unrealistic big money and if you are lucky then the price multiplies times!
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing?
Creating coins has become a business for those who has knowledge with crypto development and most of those developer that has personal and bad underlying motives would surely become a scam. It's like a milking cow for them and once they are done scamming their investors they would only create another coin or token. But of course not all of token creator are scammer. More projects are still legits with huge potential to make it big in the future.
Everybody creates their own coins and there are a lot of projects worthless like now, everyday somebody creating new project it is not good I think. Tehre is not enough money at crypto market for this 1800+ project and coin.
everyone wants to make a quick buck but do nothing . according to this ico, the best option for those who want to quickly become rich
Yes, but the most important thing is that people should understand this solution of problems that people have. Today, one of the main problems is all the same ICO and scam projects today a lot. It is necessary to solve this problem. 
Now many people are interested in implementing their ideas through the crypto currency. I like the fact that the crypto currency is a part of people's lives.
everyone wants to make a quick buck but do nothing . according to this ico, the best option for those who want to quickly become rich
People are creating their own coins because they are experimenting to have their own successful coin, and if that happen, they will benefit the huge amount of money.
because by having its own coins, then they are free to set up his supply. So that one when they would be able to regulate the movement of these coins. and it could get a lot of benefit from the rotation of the coins that they create.
there are various coins that incorporate nothing. They are essentially copying each other with no wander and no guide. This is for the most part done in light of the way that these people figure their coins will be recorded on exchanges and along these lines they will make quick advantages offering them on a mass.
Since they see the capability of winning enormous once they make and discharge their own particular coins. In the event that a venture is genuine or substantial and has a shot of picking up progress, individuals will absolutely put resources into that undertaking.
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