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Topic: Why people try to create their own coins? - page 8. (Read 11262 times)

copper member
Activity: 525
Merit: 0
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
Because who guys trying to millionaire. I agree with you nowadays a lot of random people's creating token and make develop scam ico project with fake team management.
member
Activity: 140
Merit: 16
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
Because this is another way for earning money with crypto and people want to be rich. While people will create something new market will developing also!
jr. member
Activity: 112
Merit: 1
🔵The Global Foodservice Loyalty Space
Creating new and new coins brings good condition to the crypto market. Altcoin saturation will increase to a certain value. Then, on the principle of self-regulation of the crypto market, a further decision will be taken independently.
jr. member
Activity: 252
Merit: 1
think from coin creator perspective. what you get from coin. what you can offer to coin investor. you will know the answer.
member
Activity: 749
Merit: 13
When a token appears with the good reputation in the first,the others will follow,just copy and paste and no project that is clearly the developer is not really serious just want to find the advantages of public FOMO by relying on the good rating on the first ico. The public are accustomed with such as it is,when they are left with good ico and there any ico with similar with before certainly 60% he wants to follow the ico. In crypto it seems there is no limit make a coin it's just the top of the cmc it remains the best. There who just want to make a profit in the parties themselves without thinking project clearly and there are those who indeed want to make a token with good project in the future.
full member
Activity: 882
Merit: 100
If you were told that by going to the site and pressing 3 keys, you will earn enough money for a lifetime. Would you do it? That's what they do.
sr. member
Activity: 882
Merit: 250
First of all, for the sake of money, the blockchain technology does not need coins, they are only as a means of service, and I am starting out as an easy way to collect money. A lot of examples of projects that do not need their coins and prices are constantly falling.

Money rules everything. Those people that are working with the cryptocurrencies simply want to earn more. I do not think that it is something bad or good. They do the stuff that they can do. Everything is very simple.
member
Activity: 336
Merit: 10
People always want to get more money, and one of the most popular at this time and relatively simple ways is to create (supposedly) a project and conduct an ICO. We see the result.
full member
Activity: 518
Merit: 100
If we consider the situation as a whole, we can distinguish two directions. In the first case, projects create their own coins for investment and development of their project. The second case is fraudsters who are trying to fool potential investors.
full member
Activity: 238
Merit: 144
I think it's about what they want to earn. Most people create their coins for this reason.
hero member
Activity: 896
Merit: 500
The market has over 2000 coins now. I am sure that at least half of them will vanish in the nearest 2 years. Top-100 will survive, and they have all the chances to gain. I am dealing only with these alts and BTC.
full member
Activity: 1210
Merit: 100
People think that they can get a lot of money when they create their coins, but there is a lot of fakes on the market so be carefull
Yes, there are many people who make their coins because the results can be greater than the coin-making funds. there are also some people who really want to realize the project they planned but there are also many people who just cheat. So exactly what you say, we must be careful when investing if we don't want to lose.
member
Activity: 140
Merit: 10
People think that they can get a lot of money when they create their coins, but there is a lot of fakes on the market so be carefull
sr. member
Activity: 1624
Merit: 267
People want to create their own coin because if possible the coin they created it will become successful and become high price they will earn more money. Like what happened to bitcoin and satoshi nakomoto earn millions or billions of dollars.
member
Activity: 115
Merit: 10
twogap.com
People want to be rich and this is the most incommon reason, Creation of new coins is a good way of earning money
member
Activity: 364
Merit: 10
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

maybe they just fad and to spend their time so they make their own coins, or they want to do a scam by making their own coins (but hopefully this isn't true).
sr. member
Activity: 1428
Merit: 252
I think this coin is money and assets, especially now that it's easier to make coins, the code in Github can be easily learned so that by making coins it certainly hopes to get big profits.
jr. member
Activity: 107
Merit: 1
Probably, if a person is able to create something and at the same time earn, it can already be a sufficient incentive to do it. Moreover, in the case of a successful coincidence, earnings can be enchanting.
member
Activity: 336
Merit: 10
I regard this phenomenon as an attempt to make money, since in fact there are only a few good coins that are used by all people associated with cryptocurrencies, some coins and tokens are in demand by a certain audience and only some coins and new tokens can be considered as really good.
member
Activity: 714
Merit: 11
Yes it is true but market should have competition to nullified the stagnation in the market. So we have the variety to invest in the market which is the positive thing.
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