Why people try to create their own coins?

[cherepashkis]

they want to make money and deceive us. that's why so many scams lately.

[Querubbin26]

Many times it's because they don't see designs or details that they would like those coins to have and sometimes it's complicated to do that in the current state of the currency and the devs don't listen, so they go and create their own currency, I also think they want a piece of the cake, as we've seen ICOs is a very lucrative business, whether you do a scam or not, it's a pretty good business that provides good income in addition to sponsoring your idea, in the end, there are copies that are better than the original ones, and offer a little competition to the market

[kenharry]

People create their own coins because they want to make profit, fund a project and become millionaires. Of these coins disappeared immediately they are placed in the hands of the public.These are scams, while are genuine projects. Above all the consideration has been money.

[shyevana]

Because if they create their own money they can be rich. They want to create their own digital money to be rich soon. They want to make more money by creating their own money. Many people are making money on ICO projects. It should be an arrangement for the ICO sector.

[easynote]

they want to make money and deceive us. that's why so many scams lately.

Making money is what most people on this forum want to do. Just stay doing what you are doing and make the money you want.

[zero714309]

Because a lot of people want to earn a lot of money quickly,whether it's by good way or by tricking people. It is not uncommon a lot of project ICO ended a scam because it is the main objective party developers is not the success of the project but success get money from investors.

[KuyaBreezy]

They are mostly planning on getting into the cryptocurrency market because it is getting quite popular at the moment, they don't even worry about bringing new ideas or at least being honest with the public.

[bling-bling]

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing?

Do you really think it's a waste of time on their part? You can create a coin today with minimal expense. But when they place it out on the market with all the promotions and people starts buying into it, just imagine how much these people make! A lot! So to answer your question, it's pretty obvious, they just wanna earn quick bucks!

[Utkaleika]

There are only a few coins that really cost money and have a technological base. Or they can manipulate the price and create a vision of a successful project, time will tell.

[NOTARIUS_BTC]

The principle as in any business: you can not invest yourself, better then create-it will be easier to understand all the system. In addition, it is easier to earn more money than the usual purchase.

[Hudora]

I think they just want to attract investors' money. But I want to believe that some of them really dream of developing and implementing useful technology.

[TomInVa57]

Many of them just need big money for a relatively small job. Although I'm glad that some developers really want to prepare a useful technology.

[LaurenProfi]

First: to earn, second: to promote the project of an existing business related to cryptocurrency, in order to attract more users to the system.

[sergei1703]

Creating a personal coin is a great aspect of future tokenized economy, where you can employ a spesialist by buying his personal coins.

[Nshan0102]

There are many reasons I think.
In my opinion first of all they want to make a lot of money by this way. Secondary It's very nice way to introduce your product in the crypto world. And at least it's  easy to get sponsors for your startup(Product) here by this way from all over the world.

[belcini]

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing?

Among the main reasons for this situation - they just want to create their own currency, attract money and become rich. But I'm glad that there remain many who want to create a real and useful technology.

[HusmayaTa]

For me, I figure they do that to misled individuals who are new in digital currency in light of the fact that regular there is individuals who enter's in altcoin without even comprehend the stream of the framework. So they do it to uncouth people who needs to put resources into their poop coins that at last will transformed into trick. Be that as it may, it's dependent upon you on the off chance that you are one of the non-educated about cryptos.

[FernandaSorez]

A lot of scammers are among those who make coins and they cheat people by selling them these similar coins and make a profitable offer.So that people not trade and not buy on not known resources or in chat rooms! You can always check the coin receiving information about it every coin has a contract address. But there may be differences in the name and you can already pay attention!!

[sabine80]

its all about money, money, money and yes, money. thats the main reason why there are so many new coins. many developers want to make as much money as possible and thats what they try to do through an altcoin.

[Neytiri]

i think every one is trying to cope with this technology the blockchain technology. because simply this is the future and all people as you describe them are trying to have a benefit of it.