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Topic: Why there are so many new coins created everyday! (Read 160 times)

legendary
Activity: 1667
Merit: 1008
Stoned & Stranged
September 22, 2018, 11:02:55 AM
#2
Why there are so many new coins created everyday while the market is dumping?
Why many people still spends their money for rubbish coins ( > 80% coins in the market is rubbish- scam, spam, no value...)
I only invest in top30 coin in the market and some (a little small coins, such as NANO, CMT...)

Both your questions can have the same answer: GREED  Devs (or people paying devs to create tokens/coins) most of the times hope to make some money out of them.
jr. member
Activity: 364
Merit: 4
Why there are so many new coins created everyday while the market is dumping?
Why many people still spends their money for rubbish coins ( > 80% coins in the market is rubbish- scam, spam, no value...)
I only invest in top30 coin in the market and some (a little small coins, such as NANO, CMT...)
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