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Author Topic: Why people try to create their own coins?  (Read 10893 times)
Astrilian
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September 02, 2018, 01:58:43 PM
 #1361

Answer is pretty easy for this question mate, 99% of those who create a new coins just want to raise easy money, however 1% of people are really interested in crypto technolgy and want to cuntinue dvelop and support own coin or token.

You really believe that 99% of projects have no intention to develop something and just created the coin to raise money? How did you get to that number and that conclusion?

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September 02, 2018, 02:30:55 PM
 #1362

Answer is pretty easy for this question mate, 99% of those who create a new coins just want to raise easy money, however 1% of people are really interested in crypto technolgy and want to cuntinue dvelop and support own coin or token.

You really believe that 99% of projects have no intention to develop something and just created the coin to raise money? How did you get to that number and that conclusion?
Right, Conclusions that have no basis and strong evidence, conclude something without strong evidence is same as slander, many projects have good intentions to develop and want project to succeed as well as bitcoin. but problem here is that many Dumpers and rival projects compete unhealthily who deliberately overthrow other competitors so that project can overtake other projects.

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cuongdola211091
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September 02, 2018, 02:37:12 PM
 #1363

Creating a token is simple and that is to attract investors. Maybe that project is scam if not serious. Creates a coin and attracts a large amount of money.
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September 02, 2018, 02:41:28 PM
 #1364

because it works, and those who managed to take advantage of this have already earned a lot of money by deceiving investors. Easy Money
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September 02, 2018, 05:53:33 PM
 #1365

Because they can sell that coins or tokens for people who want to invest in their project.they can earn a lot of money from this.so people try to create their own coins
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September 02, 2018, 05:58:35 PM
 #1366

I think lots of projects have been launched only for making some money for themselves. After they collect some money the project owners may disappear with the collected money, Or simply they don't have any creative mind to launch a unique project.
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September 03, 2018, 05:49:58 AM
 #1367

It's obvious everyone wants to make money . You have seen how many different projects appear every day
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September 03, 2018, 06:07:32 AM
 #1368

This is mainly due to the increase in the trend for crypto currency in general, also some people want to realize themselves to translate their thoughts into reality, but given the poor knowledge of the details, then there are few successful projects, there are also people who just want to make this up

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September 03, 2018, 06:24:45 AM
 #1369

if I think that many people make their own coins, they will get coins in an easy way. if they buy coins that will actually make them spend a lot of money. different if they make their own coins they only spend a little money, even though it's a matter of plagiarism from other coins.
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September 03, 2018, 06:27:08 AM
 #1370

They are making new coins to solve problems in cryptocurrencies, finding ways to resolve it.and those purposes can give also profit to them. And not all of them have greatly contributed to crypto world but only low price coins
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September 03, 2018, 06:30:17 AM
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 #1371

Because its the next level off getting money from Stupid to Smart.

Add "Blockchain" word to companies description and see its value rise. Even if they manufacture toilet paper rolls.
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September 03, 2018, 06:35:10 AM
 #1372

People look at other successful projects and also want to earn money. I do not blame them it is the usual behavior of people.
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September 03, 2018, 06:40:08 AM
 #1373

Because creation of coin is very interesting and profitable deal on the crypto market and not all of us can do this in the right way. Coins are too needed here to improve the crypto market and to have alternatives for the decisions which are based on them. Moreover coins are very stable.
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September 03, 2018, 10:41:28 AM
 #1374

The reason they are doing so is because they just want to develop the project and get more and faster profits. That's why they waste more time on something they will do and earn.
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September 03, 2018, 10:44:20 AM
 #1375

Because they want to make money duuh, the market is oversaturated with ICOs now, inveting in ICOs is not as profitable anymore
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September 03, 2018, 11:16:36 AM
 #1376

Most of people creating their coins because wants to become rich by listing in exchanges or doing scamming with people to earn money.

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September 03, 2018, 12:35:29 PM
 #1377

Yes, the answer is simple and lies right on the surface.  ,"If you want to make good money, invent your own religion."
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September 03, 2018, 01:06:53 PM
 #1378

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.
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September 03, 2018, 01:10:31 PM
 #1379

People create a new coin in order to translate into reality some good idea. Thanks to this, the crypto currency is becoming more popular.

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September 03, 2018, 01:13:31 PM
 #1380

People create a new coin in order to translate into reality some good idea. Thanks to this, the crypto currency is becoming more popular.
They usually find that it's a waste of time because of the work that they have to put through once they build one.


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