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Topic: Why people try to create their own coins? - page 37. (Read 11254 times)

full member
Activity: 336
Merit: 100
The main thing is that they are eager to make money on this, but they do not know much about the key principles of crypto. Therefore, they decide to make their own coins, most of these undertakings do not lead to success, because of which they supplement the list of unsuccessful projects.
member
Activity: 210
Merit: 11
♦ SIMDAQ ♦
There is no need to look for another reason here. Because people want to make easy money by cheating other people. I would like to hear if there is an objection.
newbie
Activity: 34
Merit: 0
Money and greed are the major reason i know.
full member
Activity: 258
Merit: 101
New Era of Freelancing
The coins they offer is like a share of stocks in a certain company. But it's different in terms of ownership. Their crypto coins will not give you the right of ownership on that company. But its nature is similar to shares of stocks. It is like they offer it in public so that people would invest in their company. Something like that.
full member
Activity: 560
Merit: 100
People try most likely in this way to get money from the air. Do not forget that many projects that issue their coins are fraudulent.
this is a very fair comment, because there are very good projects, but they do not attract investors, because everyone is afraid of fraud. In some way, scammers still manage to attract investors' funds and this surprises me very much.
member
Activity: 490
Merit: 10
People try most likely in this way to get money from the air. Do not forget that many projects that issue their coins are fraudulent.
newbie
Activity: 166
Merit: 0
!!!! I read a lot of comments on this topic and not one did not write why he wrote here and what he wants with beatcoitalk, we are all here for somebody's money just for the sake of a small paycheck and somebody for the sake of punching on such as we are the goal of all one $$$
jr. member
Activity: 99
Merit: 1
Everybody has a dream to make it big.  Seems natural to roll the dice and take your chances on a coin of your own creation.  It's also cool and interesting to attempt to make your own version of the latest technology.
full member
Activity: 434
Merit: 100
https://eloncity.io/
people want to easily earn money. They want to quickly create a copy of the coin and get quick money. Often behind the beautiful wrapper of their project lies disorganization and incompetence.

Without a doubt, you are right! But do not treat all market participants equally! Still, there are projects with interesting ideas aimed at developing their technology. But there are very few, it's true. That is why participation in ICO is a very risky and profitable occupation. It's always difficult to find a good project out of a lot of bad ones.
member
Activity: 602
Merit: 10
And why not try, if now everyone can make their money and put their value in them. Such a possibility to create us gave us crypto-currencies and it can not be neglected.
sr. member
Activity: 532
Merit: 254
people want to easily earn money. They want to quickly create a copy of the coin and get quick money. Often behind the beautiful wrapper of their project lies disorganization and incompetence.
newbie
Activity: 85
Merit: 0
in my opinion, they want to make money quickly but doing almost nothing .... it is easier for them to copy the project
newbie
Activity: 182
Merit: 0
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

It's a scammy smart way to make quick money. However, there are a few coins in this space that are working towards having real world use cases. Identifying these coins in their early days could be good as they may prove to be profitable over time.
newbie
Activity: 140
Merit: 0
People try to run their own coins in order to earn money on it. Everyone is looking for a way to earn money on cryptocurrency.
newbie
Activity: 134
Merit: 0
now, more and more often ico are trying to be like someone else, trying to make money on this
The most unfortunate thing is that this is what they are trying to earn. And not on the development of the system and the promotion of the token or idea.
newbie
Activity: 98
Merit: 0
now, more and more often ico are trying to be like someone else, trying to make money on this
newbie
Activity: 126
Merit: 0
They do this for fraud to similar coins to sell not experienced beginners or just throw their coin on the market to then develop it! And of course it is easier to make your coin written already someone key. But basically it is an introduction to the market and an easy way to earn money,only it is not correct and these extra coins just clog the information field of development for the crypto industry!
newbie
Activity: 36
Merit: 0
All those ICO people are create this days is because of there greedy ,they care about the future of the ico, they only care about the profit, that is why we should be careful of the ICO we are going to be paticipate.. Lips sealed Lips sealed
sr. member
Activity: 536
Merit: 251
Most often these are scammers who want to take your money. Be very careful.
full member
Activity: 518
Merit: 100
Likely to obtain the asset and make money out of it. In fact, the cryptocurrency, provided its popularity, can make a good state for its creators.
Your truth. If we consider the idea of a cryptocurrency from the global market, then the ICO system itself is similar to issuing bonds to the stock exchange, and therefore serves to attract money.
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