micknessjocular
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Activity: 30
Merit: 0
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August 22, 2018, 05:08:41 PM |
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some of them are just scams and some of them really believe in their idea, but somehow they're missing something i think
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Inikoo
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Activity: 196
Merit: 10
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August 23, 2018, 02:09:36 PM |
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When we see all the ICO-s reaising 10-20 millions of dollars, I do not see they would waste their time  Even if the project fails, the founders mostly earned a good amount of money. |
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leetcoiner
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August 23, 2018, 02:21:18 PM |
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The coins of the project can be compared with the shares of the company. Its coins can be sold for real money or other more valuable crypto currency.
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XeBaass
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Activity: 44
Merit: 0
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August 23, 2018, 02:38:17 PM |
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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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happyme1818
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August 23, 2018, 04:08:34 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?  Many people create their own coin because of greed. They want to become an instant Millionaire. Many developers that create token are driven because of money that they can get in creating useless tokens that sprout like weeds in the field. |
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ProstoCrypta
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Activity: 55
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August 24, 2018, 01:33:07 AM |
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This is a great way to not only earn, but also get quick feedback for your idea. Also, there is a scanty chance to become super-rich.
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RESPONSIBLE_
Jr. Member
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Activity: 168
Merit: 1
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August 24, 2018, 05:24:36 AM |
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Now he can create his own coin and even bring it to the stock exchange, pay for pampas and sell everything. So many people do, and you buy and more, it never rises
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nik9990
Full Member
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Activity: 616
Merit: 100
First Islamic Crypto Exchange
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August 24, 2018, 07:35:29 AM |
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basically they want people to believe in their project and to finance it. However, most of these projects do not collect the required amount of funds
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Haalo
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Activity: 35
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August 24, 2018, 07:59:01 AM |
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You probably have to differentiate between coins people make money in an ICO and the one that have a real use case and could disrupt the field they are used in. There are still so many markets which are almost untouched and where a coin could really change things...
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judyrob
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August 24, 2018, 08:38:03 AM |
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It's reasonable to happen because of the potential of the results are getting bigger. Crypto will certainly have a future that is increasingly good at some time in the future. no doubt it will be able to support many of the coins will have a high price increase. so if many are creating their own coins of course because it increases the wait so it could be profitable for them.
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Fedoracoins
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August 24, 2018, 08:58:41 AM |
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Oh no those who copy other people's coins they do not waste their time in vain. They steal other people's ideas and try to make money on it. I lost a lot of money to scammers like that. I hope in the future there will be more regulators in the crypto-currency world and there will be much less scams than now.
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LianaSie
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Activity: 140
Merit: 1
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August 24, 2018, 09:12:56 AM |
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I guess it is simply cool And profitable too in many cases. So I guess no more reasons are needed. |
GigTricks
WORLD FIRST INTEGRATED FREELANCE & ON-DEMAND ECOSYSTEMS
Whitepaper | Bounty | ANN Thread | www.gigtricks.io
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sindhukumari.l
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Activity: 51
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August 24, 2018, 09:22:12 AM |
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The reason a lot of people do a lot of things. So many scams now it's silly. Create a crap coin, get a bunch of people to buy it, pump it on an exchange and sell everything to disappear on an island for the rest of your life. 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  |
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DumbLefty
Full Member
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Activity: 412
Merit: 100
The Protocol for the Audience Economy
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August 24, 2018, 09:35:23 AM |
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I, too, believe that now too many unnecessary coins. I think that they will die in the future and will remain only coin with grinding halt after technology.
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Athe1964
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Activity: 14
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August 24, 2018, 09:58:23 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.
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PhilipCornel01
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Activity: 73
Merit: 0
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August 24, 2018, 10:04:19 AM |
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I think they are producing new coin to finance their projects and role their money. They simply don't want to sit idle.
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basyang
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August 24, 2018, 10:27:08 AM |
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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? For me this is a very interesting question. In my personal opinion many people create their own coins because they are hoping that it could also be popular like bitcoin, its okay to give chances for those coins especially if they are only inspired because of bitcoin and they want to achieve what satoshi also. Producing their own coins to their project is good so that investors can easily identify their projects or maybe they could attract investors to invest to their project. |
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canaveralnonie
Full Member
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Activity: 518
Merit: 111
Dota2
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August 24, 2018, 10:38:20 AM |
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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? For me this is a very interesting question. In my personal opinion many people create their own coins because they are hoping that it could also be popular like bitcoin, its okay to give chances for those coins especially if they are only inspired because of bitcoin and they want to achieve what satoshi also. Producing their own coins to their project is good so that investors can easily identify their projects or maybe they could attract investors to invest to their project. The main reason is they want to copy the track of bitcoin and ethereum, how crypto have a good profit on investing in a small amount at first. Also, peer to peer transaction is very popular today, easy to earn for sure. |
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numbertech
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August 24, 2018, 10:40:02 AM |
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Maybe because with them creating their own coins, it opens up their enormous opportunities to achieve success and gain a lot of benefits... With them creating their own coins, they do not need an intermediary to deal directly with their investors. If they succeed in creating coins that can be accessed by large communities, and they also attract many investors to join him. That will make their coins can survive and grow in the future. |
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vibesysbtc
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Activity: 81
Merit: 0
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August 24, 2018, 09:14:01 PM |
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Everyone want to make money. They see how bitcoin get value from zero to twenty thousand. SO they think they could do the same. And if you have some programming skills. you can create your own token or even your own coin with the own blockchain.
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