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Topic: Why people try to create their own coins? - page 85. (Read 11254 times)

member
Activity: 196
Merit: 12
Streamity Decentralized cryptocurrency exchange
December 12, 2017, 10:58:15 AM
#96
Because they want to get rich in the fastest way,even the coin has no use at all they only want to get profits you can find greedy persons in the market like Roger Ver whos claiming his BCash as the real BTC.
full member
Activity: 215
Merit: 100
CryptoFan
December 12, 2017, 10:55:57 AM
#95
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Lol... For nothing ?
There are a lot of money to earn in this process.
Because there are plenty of people buying some coin from scam projects, so it means that as soon as a coin is hyped, more people will buy them.
The value will increase and the developpers will earn a lot. So no, ICO is not wasted time for those who create them, trust me Wink

If it was the case, do you think there will be still plenty of them on the market ?
full member
Activity: 784
Merit: 101
December 12, 2017, 10:54:26 AM
#94
I think people are in droves, trying to make their own coin, because of money, it is clear they are talking about wealth, and also have a lot of real evidence of successful people from the world of cryptocurrencies
member
Activity: 431
Merit: 11
December 12, 2017, 10:33:52 AM
#93
Some people created their own coins because they want to be famous and have a reputation in cryptocurrency world thats why people invest it to try if that coin can bring a bright future for them. Some reasons why they created their own because of money.
full member
Activity: 238
Merit: 101
FrontEnd developer
December 12, 2017, 10:30:45 AM
#92
While I think it's just a way to make it easy. Even if the coin is no technology that does not mean that it will not buy.
Of course I would like to create a cryptocurrency, but I don't see such fluctuations are now taking place as to work in the real sector of the economy with them.
sr. member
Activity: 406
Merit: 250
December 12, 2017, 10:13:30 AM
#91
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

its not nothing, because when the new coins create, too people has claim some profit from some ICO that they get.

Almost all of us in this forum just get money from ICO's so the time was gonna waste but a time was more useful because we get heigher than were expect.
member
Activity: 296
Merit: 11
December 12, 2017, 10:09:42 AM
#90
People want to attract money to develop their startup. And this is a normal situation. The bad news is that no one is responsible for your money. You can get a good profit, but you can lose everything. It is now fashionable.
member
Activity: 924
Merit: 12
December 12, 2017, 09:51:23 AM
#89
Because this can be profitable...and this year we see many surprise started just with a litle airdrope like eBTC
member
Activity: 245
Merit: 10
https://keepcalm.finance/
December 12, 2017, 09:51:01 AM
#88
Many causes, some really want to popularize their coin like any other coin, or they just make a temporary project and when they reach the target, they just disappear.
member
Activity: 140
Merit: 12
December 12, 2017, 09:49:26 AM
#87
Well, it's all about the money, these developers know that there are certain coin that is created with the same idea of them, now they will pursue it and then become a scam. Some of them are legit but so many others are scams.
full member
Activity: 126
Merit: 100
December 12, 2017, 09:45:37 AM
#86
The reason always is money. Some people got serious ICO and invested in project others just create their own shitty coins to try get money fast.
You know, but it’s really interesting to watch how cryptocurrency is becoming more available for each of us. https://mytc.io/ Ive just checked their website and wanna try it. A blockchain platform to turn time into the cryptocurrency.
newbie
Activity: 4
Merit: 0
December 12, 2017, 09:36:22 AM
#85
I think that an ICO involves the creation of a currency. Unless it has become a standard ?
member
Activity: 209
Merit: 60
December 12, 2017, 09:22:21 AM
#84
most of the people try to create coins because this is the future. However,  there are scammers around so be carefull in what you invest. Good project will always have good credintials on icobench.com
member
Activity: 112
Merit: 10
December 12, 2017, 09:20:49 AM
#83
some make coins to sell them and create a product for the money they received, but somebody disappears with this money Smiley
sr. member
Activity: 404
Merit: 250
October 14, 2017, 03:41:44 AM
#82
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Like any other businesses, the primary goal is for the realization of profit whether for short or long-term. Other cryptocurrencies besides ethereum and bitcoin were created primarily for profit, regardless of their main goal. Many ICOs are starting to boom since there are a lot of investors willing to take the risk into earning profit. Most of them aim to earn only for short-term due to the risks involved into participating into these coins. But before you invest, make sure that you do your research in order to avoid scamming, as it is rampant nowadays.
Yes, everything they do is for benefit, not nothing at all. I think they use a new conception for the new coin, maybe it is attractive for some short term investors.
hero member
Activity: 2212
Merit: 786
October 14, 2017, 03:35:34 AM
#81
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Like any other businesses, the primary goal is for the realization of profit whether for short or long-term. Other cryptocurrencies besides ethereum and bitcoin were created primarily for profit, regardless of their main goal. Many ICOs are starting to boom since there are a lot of investors willing to take the risk into earning profit. Most of them aim to earn only for short-term due to the risks involved into participating into these coins. But before you invest, make sure that you do your research in order to avoid scamming, as it is rampant nowadays.
full member
Activity: 280
Merit: 102
Passive Coin - low supply coin with backing fund!
October 14, 2017, 03:34:54 AM
#80
I also created my token Passive Coin to develop sensible project long-term.
I am tired of all this "pump and dump" coins traded on Poloniex and Bitrex, etc.. This "empty" coins exist only for sake of pumping and abandoning. Hundreds of such coins are there. This coins are not backed by any active development team, or backed by sensible product, service or investment fund.
Time came for a new wave of more "sensible" coins/tokens. Smiley
hero member
Activity: 1134
Merit: 515
October 14, 2017, 03:28:15 AM
#79
Those people hope to get fast and easy money for nothing.
In this world, why we do something that we do? Simple because we are getting some sort of benefit from it. From all kinds of benefits, which one is the most wanted by people? Simple, benefit that has a shape of money. We all need money to fulfill our needs and desires. People find a way to earn this money by introducing new coins and no doubt they earn from it also.
full member
Activity: 616
Merit: 102
October 14, 2017, 02:21:01 AM
#78
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

There's only one reason why they creating there own money it just because of money so that some of them are scam. Why theres other wasting there time to make a another coins and some of them are addicted in money they want a huge money they want to become a millionere in the wrong way because they know that there so many investor to proved there income.

Yeah some are scam. However altcoins are trending these days so there were some expert of their field trying to go with the trend. They make their own coins with catchy name. Let's call them the trend follower.  Grin
full member
Activity: 554
Merit: 100
October 13, 2017, 06:39:13 PM
#77
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

There's only one reason why they creating there own money it just because of money so that some of them are scam. Why theres other wasting there time to make a another coins and some of them are addicted in money they want a huge money they want to become a millionere in the wrong way because they know that there so many investor to proved there income.
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