Why people try to create their own coins?

[Menawi12]

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

It's not nothing brother! These people are making tons of money. This is the general reason for creating them in the first place, to make profit! And I couldn't blame these people because they found an easy and reasonable way of earning money. How noble is it for some to come up with a coin or project with the goal of economic/monetary development?! Only a few came out with a real product actually, but they still made a lot! Waste of time? I doubt.

I am agree. Many peoples build their own coin with similiar project but they dont create real project. They just want to take benefits from peoples who not understand in cryptomarket. Thats why we should invest on coin with good product and having working product because its more safe to invest

[sudeshkumar]

The reason behind creating their own coins is egoistic view and money ,so that they can pomper both ,it is common to all .

[EventChain_News]

I am sure that this is exactly related to the fact that people want to just earn money and make it easy, as they say everything is simple, but this is no longer a genius, this is a clear mainstream, so I have a negative attitude towards this

[rosmerius]

Everyone certainly wants to make a better change. With them creating new coins, in addition to making greater profits, they also want to provide progress that is far more beneficial to the community. There are many counterfeit coins whose presence only aims to deceive and trap the community by taking profits without giving profit.

[labuan]

Because new coin created for some difference project. Like Lympo token for healt and ethereum for investing, so you can invest your money in the specific coin. That's why other people try to creat their own coins. So invest your money right now.

[Krassows]

Everyone certainly wants to make a better change. With them creating new coins, in addition to making greater profits, they also want to provide progress that is far more beneficial to the community. There are many counterfeit coins whose presence only aims to deceive and trap the community by taking profits without giving profit.

Yes, what you say is true, of course, everyone wants to have a change in their lives, one of them is by creating a new coint and of course they hope that by creating a new coint there will be other income so that it can be useful for all

[otunayode]

Those copied coin are experimental and you never where their experiments could lead to. Cryptocurrency holds lots of potential and there many good things to discover!

[guffie]

More and more new coins, of course, this will make the development of this emerging technology. But that's natural, the new coins are mostly copies of this course will not be useful in the future. Because of the new coins only copies and has no sufficiency will certainly be lost.

[andeonnut]

There is so much greed in this space. It makes me a little jaded at times. I wish less people would try to print their own money.

[slasher0489]

They don't just waste their time creating shitcoin, they are making money by doing it, but it's not easy, they will manage to build a community, that will invest in their coins, and after that they will just abandon their own created coin.

[omedian]

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

Maybe some people are interested in the technology and try to start their own project, be creative. But mostly this is just because of money, it's very unlikely to see a reliable project made by amateurs.

[daglordjames]

I think they're creating their own coins because it might be popular and become rich or they're scamming people.

[vKedax]

Each person has his own personal goal, someone wants to get rich quickly, others want to develop their own unique idea, each has own motives.

[Accts4u2]

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

People are just greedy which is why there are so many coins in the market, you look at the coins that are being created now and you just know that they ae scam coins which people are making in a bid to make themselves millionaires in a short time. It is one of the problems that the market is currently facing, too many coins are being created

[Matcuda]

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

And why suddenly wasted? Some just want to make money, others realize their dream, and someone invests their funds in their project, everyone can do as they see fit, there are no restrictions yet and it's good.

[andor.gellenhidi]

Of course, in most cases, people just try to get a little cryptocurrency in order to get rich, some get a lot, but in the end the project becomes a scam project. I think you need to understand the difference.

[Naitik]

Yes it is true but market should have competition to nullified the stagnation in the market. So we have the variety to invest in the market which is the positive thing.

[gerjiss]

I regard this phenomenon as an attempt to make money, since in fact there are only a few good coins that are used by all people associated with cryptocurrencies, some coins and tokens are in demand by a certain audience and only some coins and new tokens can be considered as really good.

[molla_corda]

Probably, if a person is able to create something and at the same time earn, it can already be a sufficient incentive to do it. Moreover, in the case of a successful coincidence, earnings can be enchanting.

[Wong Gendheng]

I think this coin is money and assets, especially now that it's easier to make coins, the code in Github can be easily learned so that by making coins it certainly hopes to get big profits.