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Author Topic: Why people try to create their own coins?  (Read 10893 times)
Alex Foman
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September 03, 2018, 01:16:09 PM
 #1381

To date, the whole world has infected the crypto currency. And it became not only popular but also the meaning of many people. So it's not surprising that everyone dreams of developing their crypt. Promising and very popular.
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wcryptocoins
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September 03, 2018, 05:00:41 PM
 #1382

Many people want to become famous and popular. And most importantly - rich. And they make money on cryptocurrency. But you can earn on cryptocurrency, not being its Creator.
TooDumbForBitcoin
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September 03, 2018, 05:08:02 PM
 #1383

Dear friend,
This is a great question, it is very useful for us, who are involved in this field. In my opinion, people create their own coin to serve the financial digitization of a field of life such as agriculture, logicstics, transportation, energy, etc. All of these are optimized for using.

I believe every person will have own token/tokens for some aspects of life in the near future. It will be as normally as accounts in social media now.



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bizzargin
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September 05, 2018, 06:44:05 AM
 #1384

The thirst for wealth perhaps. I think that it is more profitable to invest in an existing project.
Boris_sahnevich
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September 05, 2018, 06:47:41 AM
 #1385

People are trying to get rich and get recognition and progress on the crypto-currency market. Is it bad? They have goals and they aspire to them. And despite the fact that the ideas are repeated the team is trying to improve its project and become better than others.
Fedollam
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September 05, 2018, 06:49:00 AM
 #1386

People create new cryptocoins in order to earn money, if their asset starts to grow. There is hope of earning, but it does not always work out as the coin maker wants.
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September 05, 2018, 06:54:31 AM
 #1387

Most people do this with the goal of earning on newcomers who will buy their coins.
AaronVanW
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September 05, 2018, 07:02:29 AM
 #1388

I figure the primary explanation for is to procure cash. A few activities are profitable, fruitful generally come up short. These days a few organizations are likewise include to make their own coins, thusly they accumulate customers, which draw in their items too. A few people assemble numerous individuals to connect with, enlist coin on trades, pump it lastly flee with part of cash.
manwithsuit909
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September 05, 2018, 07:05:48 AM
 #1389

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
I dont agree what u said ,there's still chances for them to achieve success in crypto but they should come out something the world havent not copy and paste whole thing
Lexurdania
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September 05, 2018, 07:12:54 AM
 #1390

People are trying to get rich and get recognition and progress on the crypto-currency market. Is it bad? They have goals and they aspire to them. And despite the fact that the ideas are repeated the team is trying to improve its project and become better than others.

Most people want to take an opportunity in rising market. Right now many altcoin have similiar project with others and they compete each others. I think competition is good for market and let investor decide the best to invest

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raider150shifter
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September 05, 2018, 07:16:26 AM
 #1391

Because they believe they can make quick money out
of it,  well let's not generalize, there are some that believe
that there idea is worth something.
funkenschuster
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September 05, 2018, 07:21:08 AM
 #1392

A great many people to my view has seen that this implies has made a wellspring of pay for others along these lines attempting to make their own coins which achieves the duplicate felines. They end either taking ones thoughts or replicating them and control it in such a basic way which will be little bi unique in relation to theirs however at the long route round they have similar thoughts. Covetousness has now come into this Crypto business.
zhuiyongliang8
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September 05, 2018, 07:22:50 AM
 #1393

I think the main reason real projects try to create their own COINS is to enable them to fund their projects, while some people develop a legitimate project or some development scam project, trying to make easy money.
sinkfish
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September 05, 2018, 07:51:10 AM
 #1394

a more sophisticated method to finance projects, increase personal or company value, trading, tax running. or simply scam money from others.
97percent
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September 05, 2018, 09:50:36 AM
 #1395

There are many advantages to making replica coins. But it is unfortunate that this act is detrimental to many people. They benefit unilaterally by utilizing the weaknesses of their participants. Their actions are hated and avoided by everyone. Be careful when choosing coins. Investigate first and select those who already have enough experience. Because so many new coins are popping up making people confused in choosing a valid coin.

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enriquemendez18
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September 05, 2018, 03:05:40 PM
 #1396

Just to make money moostly I guess. A lot of companies are the same too.
cak imin
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September 05, 2018, 03:07:53 PM
 #1397

either create what is now a lot of people make their own coins. There should be regulations for some platforms such as eth and waves in the creation of a new token. so not everyone creates their own tokens, as this could be a scam.

TerrorFromTheDeep
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September 06, 2018, 07:55:55 PM
 #1398

For some people this is fun. For a most part of crypto enthusiasts, this is an opportunity to try thier strengths and gain experience. For some people this is an opportunity to earn money.

And well, you can not forget about scammers.
JPSelzer
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September 06, 2018, 08:24:35 PM
 #1399

People always want to be better than someone, I want to create something new, unique. Previously, when the cryptocurrency was not so well known, many projects managed to easily implement their idea and collect well on the ICO. Now the competition has increased and it is not easy to do so. We have to come up with something more interesting. Therefore, for many, the creation of a new coin is only necessary in order to earn more money.

sultanGol
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September 06, 2018, 08:25:54 PM
 #1400

I do not think any of them feel, they are wasting their time. In some cases, it is just about fun, or reputation, but most of the time an investment.

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