Why people try to create their own coins? - page 52.

nobetci

member

Activity: 238

Merit: 10

ARIZN - Tokenised Crowdfunding Platform

Quote from: ember.suc on October 09, 2017, 04:03:56 PM

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Unfortunately, the number of scam coins is increasingday by day. I think there is not much people who really care about the blockchain technology, and I think this is very bad for the future of cryptocurrencies. I hope this situation will change in a near future.

Xclusive5

full member

Activity: 672

Merit: 100

I see a lot of developers who make their own coin as opportunists because they create the coin for money and most of them are into crypto to gather some money and abandon the project. So the major reason for developing a coin is to get some money from it. That's my opinion.

luffare

full member

Activity: 350

Merit: 101

People always need to invent or create something.
- Would you like to create some cryptocoin, buddy?
- Why not, guys? I think it's not hard to do and looks like to piss a couple of your fingers! Grin

s.Zavgorod

member

Activity: 224

Merit: 10

"IGT-crypto - lifetime income from working exchang

For some reason I thought that the majority of cryptocurrencies in the market exist only as an asset of the company. And they're kind of disposable. The company raised funds, launched a project, investors exchanged their income and all together forgot about the coin and look at ordinary business.

tillerthekiller

newbie

Activity: 87

Merit: 0

Quote from: asdnz86126 on June 08, 2018, 11:25:00 AM

Like majority people said money is always behind this, some are too greedy to earn money instantly but some are legit and think good about their investors so be wise before investing new coins.

It is really unfortunate that it is taking money away from legit projects that could change industries.

asdnz86126

newbie

Activity: 84

Merit: 0

Like majority people said money is always behind this, some are too greedy to earn money instantly but some are legit and think good about their investors so be wise before investing new coins.

melanie19283

newbie

Activity: 61

Merit: 0

They do that because they can get a lot of money for what they do. So they are busy doing such kind of things and others may get rich because of them.

minhchi2948

newbie

Activity: 98

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.

sajjad042

newbie

Activity: 3

Merit: 0

Basically the now create project and then create coins according to their needs .
I have also a known a company WPS who is ready to launch it's pre sale. So subscribe or contact them if any on is interested. Visit And Subscribe wpswatercoin.io

tantegope00l

newbie

Activity: 154

Merit: 0

Quote from: ember.suc on October 09, 2017, 04:03:56 PM

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

We know how Bitcoin or other giant coins inspire many people. And the chance to get a big profit is to buy ico.
People are sniffing there is a chance of a huge community passion. Some use shortcuts just for profit.

huongthuy195t

newbie

Activity: 84

Merit: 0

Mainly because they believe that they can implement a similar solution, but better. They either tweak some features, go towards different markets, or have different partners - in the end, the ones that appear to "copy" the coin are capable of carving their own niche even with minuscule changes.

fonenumba

full member

Activity: 411

Merit: 100

I believe that I see always a great outstanding Kickstarter to support your goals that you dream of and make the drems come true

Thomas petersen

newbie

Activity: 51

Merit: 0

Its not a waste of time or energy. ICO is great method of fund raising. Usually ICO is launche to develop certain project. It also brings huge opportunities for entrepreneurs. They are rising their funds to accomplish their desire projects while developing cryptocurrency for the investors. Its a win win situation. And most of the altcoins have come through ICO. So there is nothing waste of time or energy in making new tokens.

reidel21

member

Activity: 196

Merit: 10

What you mean 'they waste their time for nothing?' Although most of the coins in the market right now is just a copy of one another, but you can't say it that way. I think they created that coins for one purpose only : 'money'. Most ICOs raised over millions of dollars although in my opinion those coins are just a mere copy as well. But well, they are clearly not wasting their time. They are making money.

hheight

full member

Activity: 392

Merit: 102

Nothing surprising happens. This is the standard development of cryptocurrency. In the future, every organization and crypto-lovers will produce coins with their own name.

Adunni6758

jr. member

Activity: 420

Merit: 1

Those who create coins or tokens have their reasons for that that. There are some project team that create coins for genuine reasons. These set of people always back their project up with good product. A project with a good product will surely have a good coin. On the other hand, some projects team are just about making money and not creating value.

overseer470

member

Activity: 162

Merit: 10

If they have interesting and different concepts and ideas, why not? because ICO is also popular and I think there is no harm in taking the opportunity as long as it does not end in fraud. I think besides wanting to make a profit, they also need to channel their creative ideas.

Denzzen

newbie

Activity: 196

Merit: 0

Too much scammish projects , people just hunting for money, in crypto scammers everywhere and you should watch what you invest in

mrsimons121

member

Activity: 182

Merit: 10

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.

moeth

newbie

Activity: 75

Merit: 0

Friends, did you not play simulated business games when you were young? Do you think this is interesting? Or you didn't play hard. The most important thing about business games is your game currency. You can make money. So you now know why people create their own coins?

Topic: Why people try to create their own coins? - page 52. (Read 11262 times)