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Topic: Why people try to create their own coins? - page 60. (Read 11262 times)

newbie
Activity: 25
Merit: 0
It's true that there are so many projects in altcoins that are copying each other. But is a copy of each other many companies in the world. They compete with each other and the best ones are preferred by people.
newbie
Activity: 12
Merit: 0
there are numerous coins that include nothing. They are simply duplicating each other with no venture and no guide. This is generally done in light of the fact that these individuals figure their coins will be recorded on trades and thus they will make fast benefits offering them on a mass.
member
Activity: 308
Merit: 10
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
They can make a lot of money fro the coins so they are not wasting their time at all. They are earning the money they need.
newbie
Activity: 40
Merit: 0
There's a lot reason why many people is trying to create their own coin,one major reason is for quick money specially those who run after .But there's some creating their own for a good purpose not only to earn but to bring their coin into crypto in a success level and let it be popular
full member
Activity: 357
Merit: 130
I think because it will bring money, that's all) Everyone is eager to make money. I'm not talking about geniuses who do not strive to make a fortune, but want to change the world, such people get masterpieces such as bitcoin and ethereum!
newbie
Activity: 120
Merit: 0
the reason why is to make it safe that's why people are creating it .
newbie
Activity: 38
Merit: 0
There's a lot reason why many people is trying to create their own coin,one major reason is for quick money specially those who run after .But there's some creating their own for a good purpose not only to earn but to bring their coin into crypto in a success level and let it be popular
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
To make bigger profit of couse
And if the coin success it will be a big success to remember

I think that 90% of them are solely doing it in order to get profits. ICOs were a big success during 2017, and a lot of developers became millionaires as a result of it. And this has encouraged all sort of people to come up with their own coins and tokens.
newbie
Activity: 110
Merit: 0
Naturally one would assume coin are been created because of excitement of discovery by a given Dev. When someone discover that he could make certain tech work better or  create wonderful service out of existing protocol etc.
member
Activity: 199
Merit: 10
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
They are not wasting for nothing. This guys are greedy people who like to become rich in a short period of time. I But the problem is they didn't create a coin to be beneficial for many but to get profit as much as they can. Those people are creating shitcoins to scam people.
newbie
Activity: 233
Merit: 0
I think the main reason why people try to create their own coins is to get rich as creating their own coins will earn them more profit. However,some people do this for the sake of fame and getting popular.
member
Activity: 826
Merit: 11
Am sure those that create or develop their own token aims to have a name in the world of crypto. I just hope every one of them does not prioritize their own personal motives on becoming an instant millionaire because of their project.
Xmm
full member
Activity: 440
Merit: 100
A coin without a really worthwhile project has no value! Therefore scammers use this, make coins and create the appearance of the project, and then you see a lot of topics on the forum that the project is a scam and deceived all investors
newbie
Activity: 224
Merit: 0
in most cases, people create their coins to make money quickly on this hype, these coins do not represent anything in the technical and ideological sense
jr. member
Activity: 1036
Merit: 1
This can make a lot of money and many use it successfully. All necessary source code is in the public domain. All you need is time and some money. After the first pump the coin will fly to float freely and never considerably will not grow.
member
Activity: 336
Merit: 15
There are so many such people and they aim only to get quick and big profits, offering no usefull products.
newbie
Activity: 224
Merit: 0
To create fast income and ompprove their life and to pay thief fee    of living
full member
Activity: 378
Merit: 103
A lot of people view creating coins as a means to get a lot of money in a little amount of time. They are the ones that are actually ruining the cryptocurrency market by pushing a bunch of useless and dead end coins into the market which people cannot use outside of trading. There needs to be some kind of regulation on coin creation.
jr. member
Activity: 210
Merit: 1
 Smiley   That's why I have not seen or heard that people are making their own coins because of their long-standing prosecution that the governments I have come to that which they need is still good and of course they also need huge amounts before we can get into those such a drastic change and sometimes it does not happen that no other coins around the world but just bitcoin and altcoin nothing else and here also I believe in a cryptocurrency in the country.
sr. member
Activity: 779
Merit: 250
Some do it for the sake of fraud, and others of course for profit, because it is a good analogue of the shares, as if their projects will be successful, respectively, and the profit from the coins will be high.
Why do people try to create their own coins? Just like the others said. It is because they can get or they can earn money by creating their own coins. If their creation becomes popular then expect to have many investors. But then, there are some people wants to tricked others.
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