Why people try to create their own coins? - page 74.

MarckSpencer

newbie

Activity: 67

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

There are many businesses that copy each other? Why do you think they spend their time? It is a strange question. But of these copies will survive only a small number of projects. It is a competition.

Metalwell

newbie

Activity: 32

Merit: 0

This crypto stage is similar to stocks. A company who wants to back itself sells his stocks. Just like crypto, a company who has an idea or product that wants to improve itself sells coins. Like Ripple has couple of products such as xRapid which is helpful for payments(correct me if i'm wrong) and they sell coins to back their firm so they can spread and improve

CryptoMishka

jr. member

Activity: 109

Merit: 4

Quote from: ?? on ??

I think it is simple the people want to easy earn money it want to quickly create a copy of the coin and get a quick money.

Exactly! Why now going the ICO - give me money - I will buy myself 100500 ASICs and farms and instead I will give you shit-coin.

Dakshkapoor

full member

Activity: 294

Merit: 100

Yeah that is totally waste of time, I don't know why they want to create their own cryptocurrency. May be by this they are earning some money

lunafreya

full member

Activity: 243

Merit: 100

People trying to earn money fast in crypto. That’s why everyone trying to create their own coins but I think it’s not a good way to get profit. I think finding safe coins is better than trying to find different ones.

grumpylittlepoodle

member

Activity: 224

Merit: 11

The revolutionary AI gaming ecosystem

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

They do not waste their time, some people or team carefully plan to make new altcoins in line with a certain services offered that may seem good to other people thus buying their tokens and determining the value of the coin and their profit, but some just want to make profit to people through a fake campaigns.

ship66

newbie

Activity: 25

Merit: 0

Quote from: sekapai on January 19, 2018, 01:39:06 PM

create for fun just like DOGE coin. but its still alive

It shows communit power to all of us.

PadenoM

full member

Activity: 308

Merit: 106

I don't know maybe because you raise hundred of millions dollars in a few hours, but i'm not sure it is really cause of this, who would like to be rich anyway Grin

sekapai

member

Activity: 121

Merit: 20

seeking love, friendship and money

create for fun just like DOGE coin. but its still alive

Alluvial

newbie

Activity: 3

Merit: 0

I met a guy who "sells" a coin development for 10,000$. Anyone with 10,000$ can have him build them a coin and get it up and running. So there are people who don't understand the core goal of crypto-currencies are de-centralization and think "If I have a coin I control I will be rich"

I think there are a lot of coins out there that essentially get built this way. Someone with little understanding and a chunk of change decides that "owning" a currency would be better/more fun than building a couple miners and working with an existing currency.

ship66

newbie

Activity: 25

Merit: 0

For fun, experiencing something, earning money...

coineye

full member

Activity: 121

Merit: 100

Many really want to snatch the jackpot while there is no regulation in this market

imperatron

sr. member

Activity: 459

Merit: 250

Some people really wanna create new stuff that is needed in the crypto scene. Other people just wanna make some fast money... They promote their project for 1 or 2 months and then they are selling all their stuff on the first exchange.

max6575

full member

Activity: 1176

Merit: 100

Vave.com

different works from developer as delivering offers of service as expending details with the strategics on appealing study with the manage of projects.
to comes as the better on shifts with the level of apprentice to returns with value as the drawing on table with the market of exchange.

Boi qaaf

member

Activity: 345

Merit: 10

Because they see the potential of earning big once they create and release their own coins. If a project is legit or valid and has a chance of gaining success, people will certainly invest in that project. It will be hard work for the project team, but the gains will surely be worth it if everything turns out well.

real eyes realize

full member

Activity: 350

Merit: 100

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 there are tons of useless coins in the cryptocurrency world. In my opinion, people should learn how to be good traders. I think focusing on trading is much more better.

Starla

member

Activity: 148

Merit: 10

maybe they try to test the ability to make coin to make ICO project or airdrop profit profit if i can surely i will try like that

Mhedz

full member

Activity: 336

Merit: 100

ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018

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

Plimo

member

Activity: 185

Merit: 10

Shopify Developer

It is easy to make a coin.
You can make a token in 5 minutes with ethereum.
Search on google or youtube you will find out how , it's very easy.

Liquidathor22

newbie

Activity: 114

Merit: 0

Some of them want to make a difference by creating their own coin. Some of them are just trying to build to be able to scam other people. Hoping to get a lot of investment and runaway.

Topic: Why people try to create their own coins? - page 74. (Read 11262 times)