Why peoples launching more coins everyday ? - page 6.

maxj57634

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Quote from: Nrcewker on January 24, 2018, 02:00:22 PM

if i launch my own coin how i will get profit ?

It depends on how good the coins that you are making. There are certain type of investor that look for a specific road map for the coin before they invest. You will get profit if your coin manage to get into the market because coin developers 1/4 or more of the coins that is out in the market.

Quote from: Nrcewker on January 24, 2018, 02:00:22 PM

how i will manage development and other expenses ?

You will be needing a lot of people to do PR for your coin and team of other developers and staff because you cant handle this job alone. So for expenses you will be needing a lot of money.

Quote from: Nrcewker on January 24, 2018, 02:00:22 PM

for example Sathoshi made bitcoins but i am unable to figure out does stoshi getting reward from it or maybe earning ?

There are various rumor saying that Satoshi owns half of the bitcoins that is out in the market i dont know if its true but if really own them then your question has been answered.

andor.gellenhidi

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I think that the answer to this question will be money. Because now people are increasingly creating empty projects that actually can not live for a year, because most of them are just an idea and no more, but of course there are real projects that can really surpass all our expectations, but everything equally they do it for the sake of money. Only a small part of people really do it for the sake of people.

Nrcewker

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Quote from: kryptqnick on January 24, 2018, 05:09:04 PM

Quote from: Nrcewker on January 24, 2018, 02:00:22 PM

i see here is approx 1400 coins in market but i want to ask if i launch my own coin how i will get profit ? how i will manage development and other expenses ?

Well, you surely need some initial investment to hire a coder (if you're not a programmer) and pay for some good HR. Then it is better if you have at least something special about your coin. This will help you succeed, As for the finances, a lot of coins are crowd-funded (ICO projects) and with nice advertising and some idwas that can help to raise incredibly good amounts of money. However, I think there are too many coins already and they rarely make a difference apart from just being out there for trading, so please don't create another one just for the sake of doing it!

i am not gonna make new coin i am happy with existing i am holding Cheesy

i was just confused

iigor

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The crypto market is expanding every day and the demand for new coins is growing, as well. Some of the new projects are counting on pure speculation, but some are genuine projects that raise money.

novocaine

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the free cryptos and icos market will increase the request of new coins, just be careful to which you would to join Wink

audrey12

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With the emerging market of cryptos it is really a great opportunity for developers to create their own coins and take the chance to become a big hit in the future and probably make them an instant millionaire. The market of cryptos are really good at this point in time no wonder many people want to take a shot and hoping they can earn what bitcoin has reached.

xsahlanx

newbie

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It's good times if somebody launch more coin everyday and i can spend my time to join that bounty campaign. So more coin, let's get token

alkhie01

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It is because of the demand,As a busnessman everyday the only thing that comes into your mind is to find another busness to invest with or make some money.Nowadays crypto currency is very famous so they want to ride with it they know that they can make money with it because a lot of people are investing or putting some money on it.So if you are a business monded person and you have a power or you have a team who can create coins for sure you also enter the crypto industry.

kryptqnick

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Quote from: Nrcewker on January 24, 2018, 02:00:22 PM

i see here is approx 1400 coins in market but i want to ask if i launch my own coin how i will get profit ? how i will manage development and other expenses ?

Well, you surely need some initial investment to hire a coder (if you're not a programmer) and pay for some good HR. Then it is better if you have at least something special about your coin. This will help you succeed, As for the finances, a lot of coins are crowd-funded (ICO projects) and with nice advertising and some idwas that can help to raise incredibly good amounts of money. However, I think there are too many coins already and they rarely make a difference apart from just being out there for trading, so please don't create another one just for the sake of doing it!

1l1l11ll1l

legendary

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I think there are some people who do not expect any profit because they always dedicate their knowledge to the benefit of others (in this case because they already have more), so the desire to get profit is not the main thing. but for now I think most people do make projects for business and make a profit

otandelapaz

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Quote from: Nrcewker on January 24, 2018, 02:00:22 PM

Hello
i feel shame when asking this but i am really confused . i see here is approx 1400 coins in market but i want to ask if i launch my own coin how i will get profit ? how i will manage development and other expenses ?

for example Sathoshi made bitcoins but i am unable to figure out does stoshi getting reward from it or maybe earning ?

please explain in details if you know near me there is lot of expense

For profit. But there's nothing developing new coins, it's like putting up a new business. And it's better that way so people cannot monopolize it. The only way we can do about it is to make sure that new one is backed-up by a good team. For ICO as an example, you have to see if that project is feasible and useful. Make sure that that project will keep hold on its promises.

SailorCoin

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Theres actually a huge hype about cryptocurrencies. So a lot of people missed the bitcoin train. Now the people with the technical know how, start to build their own coins and tokens, just because they are all greedy. They want to creat a coin by themself, just to hold a biggest amount of the coin. They think they can be the new bitcoin. But the most of them will never get any value. So thats why they are so many dead coins and tokens around.

herecomesjohnny

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Quote from: thepo1m on January 24, 2018, 03:33:42 PM

It is just like asking enterpreneurs why they are launching new business, I don't think we can beton the projects that is going to succeed long term, and I believe at this rate the success to failure rate will be 1 to 100 because most of these projects will disappear soon

The profit is the answer you are searching for. Everyone is striving towards the profit. The real problem is that the desire for the profit is often delusional and the new developers are trying to grab the given opportunity to make money based on their short-term project.
Investors are often buying that delusion of success that can be called a coin but in the most cases developer runs away with a money in his pockets and investors are regretting because of their bad actions.
Rationality and the knowledge about the investment is the good way to start with the good investment and not the support of the scams that are being created even more than before.

rodmanqs

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Blocking technology has already densely entered our life and is changing it at a rapid pace. The introduction of technology blocking also significantly decreases in society in the future and this is obvious.

vincentong17

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We have a lot of ICO world wide and if you can see some projects are not done yet but partnership are compulsory but if you willing to create a token it must be mineable or something that has smart contracts or even develop technology so people would appreciate your token. show some roadmaps and white paper so that viewers will look at it. remember Bitcointalk forum is the ultimate guide of all cryptocurrency.

mwinter

newbie

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Most of the new project are just copycat projects. They simply tweak an existing codebase a bit and give the new coin a fancy name. Why do they do it? Because it works! Just premine a lot of coins and then create some buzz. If all goes well you get real rich real fast. For investors, the challenge is to separate the pretenders from the contenders. Unfortunately, most of the new projects fit into the first category.

Cryp2

newbie

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Yes u can launch ur own coin and sell it to those who want to buy it , just like any other digital products that are being sold on the market & in return you get profits from those who buy it

sukey2008

member

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reason is obvious. Most projects aim to earn money, just so. But indeed some projects really want to do something, realize their ideas, change the world, just like the startups. If you like, if could also create your own coin and even mine it, much simple than you think.

christian07

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Of course they earn by creating their own coin that's why many coins are launching everyday here in crypto but some only enjoys by many users and most of all coins are only low value or if it's not go well i think it will gone,if you see btc,eth,xrb and xrp they run because many users,traders and developers have a business in this four coins so the price keep growing by that and some tokens also that go well.

Teodiff

newbie

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Some of them wants to change the world, some of them wants to do something useful and earn money and there are those
who just want money. Even you can make a coin even you don't know how it works. You can pay for it.

Topic: Why peoples launching more coins everyday ? - page 6. (Read 701 times)