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Topic: Why people try to create their own coins? - page 45. (Read 11254 times)

full member
Activity: 854
Merit: 103
I doubt that this money is enough for them until the end of life. Many people create shit coins and only spend their time because people do not buy it or it quickly lose interest of investors.   
member
Activity: 350
Merit: 10
They want their coins to appear on exchanges, and then make big money on it. It's just scammers.
newbie
Activity: 92
Merit: 0
Everyone got different talent and to be candid like you said, more than 50% of altcoin are folk of another coin. These situation is neither good or bad. There in fact many advantages that is presented because of this.
newbie
Activity: 98
Merit: 0
There some reason why many people here trying to create their own coins one its because there are big income in making their own coins through trading, and also almost of us  here in bitcoin forum has a enough knowledge on how to make our own coin because now is very easy to make own coins.
newbie
Activity: 28
Merit: 0
it is profitable to some extent but it is better now to invest in something new like Socratus and I advise you
member
Activity: 224
Merit: 10
The revolutionary trading ecosystem
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

I think there are a lot of reasons. It depends on their purpose.
Some people doing that to change the world, or make the world better by using their coins. Some other people doing that only for quick profit.
newbie
Activity: 76
Merit: 0
I'm looking for information on the forum. This is a good option. Also on the sites that are assessing projects.
newbie
Activity: 76
Merit: 0
Perhaps people believe with this project. They believe that they will be better and better.
jr. member
Activity: 350
Merit: 3
From these promising results, of course, make people be interested in making their own coins. With personalized coins, the amount of profit earned will also be received in a much larger amount. It can be done of course because they have been accustomed to follow the project from others. Thus, they can know the strategy for managing and getting the benefits of coins with good and true.
newbie
Activity: 33
Merit: 0

Some after for $$$$ who doesn't like that, but not all. So always check, if the project is scammy and research first prior to investing.
Yes . Currently, I find many phishing projects. Their purpose is to create their own pennies for scams, so before investing, let's look into the project.
newbie
Activity: 406
Merit: 0

Some after for $$$$ who doesn't like that, but not all. So always check, if the project is scammy and research first prior to investing.
jr. member
Activity: 230
Merit: 1
Crypto is gaining popularity, some person's want to be the own of the world best coin, why others want to out smart other  people . Those with criminal mind see having a coin is a get rich quick scheme, they want to spoil the crypto world.
newbie
Activity: 141
Merit: 0
It's a scam scheme. Create a coin, sell masternodes. Or dump a premine on a fresh pump.
newbie
Activity: 87
Merit: 0
The always and only reason is the root of all evil which is money. Some people got serious and frustrated in ICO and invested time and efforts in doing bounty campaign projects just to create their own coins to have money fast.
full member
Activity: 252
Merit: 100
Revolutionizing Brokerage of Personal Data
I consider it foolish to create own coins if you do not have a certain idea and aim how to achieve it. Such coins only distract the attention of investors and users.
newbie
Activity: 93
Merit: 0
Because this is a good way to get a lot of money at once, many such coins do not represent themselves, but people buy them even so
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I think they create their own coins cause of money, they create project and used coins of their project so they can earn more, if the investor used their coin. Some of them legit but others scam so be careful to buy new coins.
Many coins were created for fun. For example, how long dead Putin, Stalin, Lenin and other tokens, with well-known names. Others tried to carry out their projects for good luck.

Legit teams create their own project in order to introduce the crypto currency into some new sphere of life, to make people's lives better. But there are 99% of people who create their own project in order to raise money and disappear. I'm sure that there will be regulations soon and it would be out of real law.
newbie
Activity: 98
Merit: 0
Recently it has become fashionable to announce about yourself launching your project and creating a token! It's very similar to a PR company of celebrities who want to write their name in the history of the blockchain
full member
Activity: 359
Merit: 100
Very often, those attends are just for decieving people and steal their money, they think, that they would create new coin and make another scam.
hero member
Activity: 960
Merit: 502
It's simple. Everybody wants to bite a small pieace of the blockchain-never-endidng-bubble pie. And to create a coin and dupm premine (or sell masternodes) is one of the way to an early retirement.
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