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Author Topic: Why people try to create their own coins?  (Read 10893 times)
Coinredd
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May 10, 2018, 08:49:53 AM
 #581

A lot of people view creating coins as a means to get a lot of money in a little amount of time. They are the ones that are actually ruining the cryptocurrency market by pushing a bunch of useless and dead end coins into the market which people cannot use outside of trading. There needs to be some kind of regulation on coin creation.
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FOUAD1994
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May 10, 2018, 08:55:40 AM
 #582

To create fast income and ompprove their life and to pay thief fee    of living
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May 10, 2018, 09:20:02 AM
 #583

There are so many such people and they aim only to get quick and big profits, offering no usefull products.

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May 10, 2018, 09:58:16 AM
 #584

This can make a lot of money and many use it successfully. All necessary source code is in the public domain. All you need is time and some money. After the first pump the coin will fly to float freely and never considerably will not grow.
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May 10, 2018, 10:33:27 AM
 #585

in most cases, people create their coins to make money quickly on this hype, these coins do not represent anything in the technical and ideological sense
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May 10, 2018, 10:40:58 AM
 #586

A coin without a really worthwhile project has no value! Therefore scammers use this, make coins and create the appearance of the project, and then you see a lot of topics on the forum that the project is a scam and deceived all investors

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May 10, 2018, 12:32:57 PM
 #587

Am sure those that create or develop their own token aims to have a name in the world of crypto. I just hope every one of them does not prioritize their own personal motives on becoming an instant millionaire because of their project.

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May 10, 2018, 04:41:55 PM
 #588

I think the main reason why people try to create their own coins is to get rich as creating their own coins will earn them more profit. However,some people do this for the sake of fame and getting popular.
hiddenmist
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May 11, 2018, 01:43:09 AM
 #589

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
They are not wasting for nothing. This guys are greedy people who like to become rich in a short period of time. I But the problem is they didn't create a coin to be beneficial for many but to get profit as much as they can. Those people are creating shitcoins to scam people.

jones stone2505
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May 11, 2018, 01:49:45 AM
 #590

Naturally one would assume coin are been created because of excitement of discovery by a given Dev. When someone discover that he could make certain tech work better or  create wonderful service out of existing protocol etc.
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May 11, 2018, 01:56:01 AM
 #591

To make bigger profit of couse
And if the coin success it will be a big success to remember

I think that 90% of them are solely doing it in order to get profits. ICOs were a big success during 2017, and a lot of developers became millionaires as a result of it. And this has encouraged all sort of people to come up with their own coins and tokens.

 
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gabrielehuang
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May 11, 2018, 11:32:00 AM
 #592

There's a lot reason why many people is trying to create their own coin,one major reason is for quick money specially those who run after .But there's some creating their own for a good purpose not only to earn but to bring their coin into crypto in a success level and let it be popular
jobel
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May 11, 2018, 11:50:16 AM
 #593

the reason why is to make it safe that's why people are creating it .
bitcoinbot
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May 11, 2018, 01:35:18 PM
 #594

I think because it will bring money, that's all) Everyone is eager to make money. I'm not talking about geniuses who do not strive to make a fortune, but want to change the world, such people get masterpieces such as bitcoin and ethereum!
giangtran205
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May 12, 2018, 03:10:19 AM
 #595

There's a lot reason why many people is trying to create their own coin,one major reason is for quick money specially those who run after .But there's some creating their own for a good purpose not only to earn but to bring their coin into crypto in a success level and let it be popular
zhangcaisbsbn55
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May 12, 2018, 03:14:25 AM
 #596

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
They can make a lot of money fro the coins so they are not wasting their time at all. They are earning the money they need.

arianalily19870
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May 12, 2018, 08:53:18 AM
 #597

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.
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May 12, 2018, 03:29:26 PM
 #598

It's true that there are so many projects in altcoins that are copying each other. But is a copy of each other many companies in the world. They compete with each other and the best ones are preferred by people.
koleskok
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May 13, 2018, 09:32:31 AM
 #599

There are people who want a better tech than bitcoin, so they make their own version if you can see many infographics people will make a comparison with another btc/alts and they will said " my coins is better".
kenj2939
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May 15, 2018, 03:27:11 PM
 #600

I think that most of the coins are created for speculation. The coins do not give any benefit to society. But there are also good projects designed to improve people's lives.
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