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kirito1614
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February 23, 2018, 11:34:54 AM |
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Right, there are numerous coins that include nothing. They are simply duplicating each other with no venture and no guide. This is generally done in light of the fact that these individuals figure their coins will be recorded on trades and thus they will make fast benefits offering them on a mass. Infrequently it happens, once in a while not. I generally recommend to avoid such coins and put just in legitimate undertaking with genuine groups.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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albertcrypto110
Jr. Member
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Activity: 140
Merit: 1
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February 23, 2018, 12:02:51 PM |
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Money is the key factor for most of these guys, you'd be surprised how many of these guys are running multiple projects as well.Due to the attention that is now focused on the ICOs there will be a lot of people coming along and creating an ICO for no other reason than to rip people off, this will happen for sure and we as a community need to be aware of this.
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Neo.Prometheus
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Activity: 238
Merit: 11
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February 23, 2018, 08:10:03 PM |
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I've noticed that people who launch projects have good ideas, and I guess their motivation to see their idea put into practice and to do what they love.  |
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terible.hunter
Member
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Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
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February 23, 2018, 08:22:06 PM |
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It's very simple, people just want to make a lot of money, but the idea itself is very simple and does not require a lot of time, especially if you are familiar with JS or Python. Just be smarter
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Kamelia
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Activity: 126
Merit: 10
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February 23, 2018, 08:30:10 PM |
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Many people want to repeat the success of bitcoin while not applying for this an effort. People often confuse the reason and the consequence of the success of projects because they think that you just need to issue a crypto and then it will find her own users, appear on the exchanges and its course will go to the moon.
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Lerikaweb
Member
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Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
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February 23, 2018, 08:35:11 PM |
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it's all about the money:) copy-paste method has made millions of people rich. Yes, it is not fair, but it can hardly be called the waste of time  |
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SyncArden
Newbie
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Activity: 50
Merit: 0
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February 23, 2018, 09:33:35 PM |
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it's all about the money:) copy-paste method has made millions of people rich. Yes, it is not fair, but it can hardly be called the waste of time Exactly 90% of the coins or ICO are scams without a product. But the people want fast profits and dont care if its a good project or not. |
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insect
Newbie
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Activity: 155
Merit: 0
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February 23, 2018, 09:37:18 PM |
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People trying to earn money fast in crypto. That’s why everyone trying to create their own coins but I think it’s not a good way to get profit. I think finding safe coins is better than trying to find different ones.
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sorehammer
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February 23, 2018, 10:09:25 PM |
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The only key factor behind is to earn money.Some projects are valuable,successful otherwise fail.Now a days some companies are also involve to create their own coins,in this way they gather clients,which attract their products as well.Some people gather many people to engage,register coin on exchanges,pump it and finally run away with lot of money.So the basic purpose of creating coins is to make money.
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Victor Beckham
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February 23, 2018, 10:13:28 PM |
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Some projects need fund raising in order to get started, some need money to keep going.
And unfortunately some projects are pure scam.
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atupolev
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April 03, 2018, 07:52:52 PM |
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There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing?  There are so many reasons why people, organizations and companies are making their own Crypto coins because they want to make their platforms in order that this customers and their clients can have more access to their products and other services to have an advancements in their marketing. Other than that, some crazy people are making their own altcoins because they just want to prove themselves that they are able to develop and create their own Crypto community but most of them are scams and bogus. All it took was a coin created in 10 seconds from ETH, a godaddy web-site, a cut and paste whitepaper, insert BS use for the coin and a bunch of clowns plowed their money down. Eventually all the money has to be mostly gone from the market. |
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Onur_luna
Newbie
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Activity: 182
Merit: 0
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April 05, 2018, 05:22:53 AM |
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I think that this situation is caused by the market. investors have been given such a chance and everybody is moving in that frame. I think it's okay to win good.  |
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Coin_in_the_pocket
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Activity: 43
Merit: 0
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April 05, 2018, 05:37:37 AM |
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people want to make money, so they create a crypto currency |
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Torps1
Member
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Activity: 574
Merit: 12
Kuvacash.com
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April 05, 2018, 05:38:23 AM |
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People create their own coin out of necessity, the blockchain technology is useful and cut across other businesses/sector of the economy. Although this seems to be a recent trends, the more ideas that involves blockchain, the more ICO's thus more coins in the market.
And you know ideas can't just cease, but some ideas/project are just copycat.
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Carina.P
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April 05, 2018, 08:28:22 AM |
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People create their own coin out of necessity, the blockchain technology is useful and cut across other businesses/sector of the economy. Although this seems to be a recent trends, the more ideas that involves blockchain, the more ICO's thus more coins in the market.
And you know ideas can't just cease, but some ideas/project are just copycat.
This is quite normal, indicating that the block chain technology is really promising, which leads to the mixed results of the projects involved. Most of them are just following, and want to earn a wave and go away. |
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Artron1
Newbie
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Activity: 168
Merit: 0
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April 05, 2018, 02:02:44 PM |
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The reason is very simple. People are wealth and insecure assets. The more you give, the more they want.
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kris679
Newbie
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Activity: 224
Merit: 0
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April 05, 2018, 02:15:03 PM |
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It's a lucrative business, ty typed aysio to put in some money, distributed some tokens for advertising, made a website and everything, millions in your pocket, but do it all with the mind, because people do not peddle on the bench, and if the coin reaches good results, then you will be in more plus!
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alex lionel
Newbie
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Activity: 107
Merit: 0
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April 08, 2018, 02:11:16 PM |
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For the same reason, people copy and blogs (unsuccessfully), and goods, and brands. There is no fantasy, but you also want to earn money, often dumping. It is difficult to create a new one at all, this task is feasible to units of people. The rest remains envious or copy. However, sometimes the second brings income, and sometimes even good enough, if you recall the industry of China. To each his own. Roll Eyes
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iAMawi123
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April 08, 2018, 02:50:56 PM |
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People try to create their own coin just to lure investors and other people to invest in their own "ICO" they make it sound so promising but after receiving sufficient investment, they will vanish. Others want to make a quick buck so they tryna make an interesting project to lure people.
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Walexizi
Newbie
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Activity: 200
Merit: 0
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April 10, 2018, 07:51:07 AM |
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All those ICO people are create this days is because of there greedy ,they care about the future of the ico, they only care about the profit, that is why we should be careful of the ICO we are going to be paticipate
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