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Author Topic: Why people try to create their own coins?  (Read 11250 times)
PetrVas7789
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November 10, 2018, 06:38:04 PM
 #1701

People want to make money on the trend. That is why, during the general growth of the cryptocurrency market, a lot of different projects were created.
You are right. But now there is no growth of cryptocurrency, and new projects of ico don't cease to create. And so really now someone invests in them?

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November 10, 2018, 06:43:34 PM
 #1702

People want to make money on the trend. That is why, during the general growth of the cryptocurrency market, a lot of different projects were created.
You are right. But now there is no growth of cryptocurrency, and new projects of ico don't cease to create. And so really now someone invests in them?
Perhaps this is some kind of Napoleon syndrome, because many are beginning to call the coins by their names. I think that this is complete nonsense and market correction to quickly throw these coins into a landfill.
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November 10, 2018, 06:43:48 PM
 #1703

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
In my opinion the profitability of the Altcoins is huge, besides they want to give themselves a lot of investment opportunities and master the Altcoins to attract more investors to participate in their projects.

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November 10, 2018, 06:47:46 PM
 #1704

Many organizations are trying to occupy their niche in the field of cryptography, as they see the future of cryptocurrency and want to participate in this future.
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November 10, 2018, 07:01:16 PM
 #1705

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
Why you thinking they wasting time?They earn money for that.Many ICO`s do tokens.
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November 10, 2018, 07:06:45 PM
 #1706

Because they are trying to cheat people, people are falling into a place where greed they think they will succeed and may be one of the best projects. They think the profits will bring them. but not.

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November 13, 2018, 01:10:35 PM
 #1707

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
people want to learn i reckon Wink or get rich. after all, isn't it precious to have your own currency, your own country, your own people... Grin Grin we should follow the example
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November 13, 2018, 01:12:14 PM
 #1708

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

Because people have idea.
But for the copycat project, they just hunting investors and didn't really make a real product.
Their purpose is just listing on the market and gone.
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November 13, 2018, 02:58:51 PM
 #1709

Your opinion proves that the future of the ICO market in terms of due diligence will not be good. Ico market entered a dead end as developers wanted to make money only. The ICO sector, which could not find a way to move forward, remained still in the same street.
ICO in the form that was previously, no longer relevant.It used to work,but now the market is changing and evolving...I am sure that over time there will be another form of ICO.
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November 13, 2018, 03:01:38 PM
 #1710

It all comes down to the usual needs for making money, this is the most important thing for people who want to earn all the money in the world, but I think that this is not a good idea for those who want to live this life.
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November 14, 2018, 06:59:14 AM
 #1711

This is related to the compatibility of Ethereum. Many coins can use Ethereum's platform to build their own coins. To know that people are usually greedy, issuing their own coins will make their wealth soar. Many scammers have taken advantage of this platform.
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November 14, 2018, 07:53:25 AM
 #1712

Many people make new coins because they want to quickly get money. Now many new coins appear, but many of these new projects are very unreal copies so they are fraudulent. And we also have to be careful and if you want to invest, you certainly have to do research. So you don't get caught up in ICO fraud.

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November 14, 2018, 07:55:59 AM
 #1713

Well last year was a good time to create a coin... I even thought about it. You didn't even need to have a website and then you could get rich if your coin got pumped to the moon. Now it seems like you need to at least have a website and a semi-promising project to have any success.

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November 14, 2018, 07:57:39 AM
 #1714

Some people create coins to start up fake projects, can be termed as a SCAM project as we all know it. While some other people will just create new coins for fun, and has no use case for it.
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November 14, 2018, 07:58:46 AM
 #1715

People hope to make money just doing nothing just copy the idea and start advertising. But this way I'll take to mean Scam, of course they did not succeed, but to disappear with the money collected they can. I urge all not to participate in their projects and to report such frauds to the entire community.
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November 14, 2018, 08:18:24 AM
 #1716

Many people have always sought for fame and recognition)) I think the creators of new coins, it seems that it is their coin that will win recognition from crypto enthusiasts and make its creator a millionaire)) most people are driven by ambitions and only a few create new, interesting contracts or coins just because that this experience is interesting to them
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November 14, 2018, 08:37:55 AM
 #1717

They make those coins and they the majority of the developers make their own money. Many thinks it is useless that can be prevented. Many argue about the high costs of creating coins and tokens. We need to move forward and make sure cryptocurrency will evolve to something more powerful.
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November 14, 2018, 08:42:41 AM
 #1718

there are many reasons people make Coin, first as a business tool, long-term investment, and betting on financial aspects, meaning that the person who made the coin has the knowledge that Cryptocurrency will definitely be great in the next few years.

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November 14, 2018, 08:45:53 AM
 #1719

They make those coins and they the majority of the developers make their own money. Many thinks it is useless that can be prevented. Many argue about the high costs of creating coins and tokens. We need to move forward and make sure cryptocurrency will evolve to something more powerful.
making a separate coin, is an opportunity that the developer has to develop their business. by making coins themselves, the products they have become more valuable. so, some people just need to buy their own coins, before using the products they make. many reasons for making a coin.
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November 14, 2018, 08:46:29 AM
 #1720

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
Maybe they see potentional to earn a lot of money by creating ICOs.
Or they just have free time and they are cryptocurrency enthusiast.

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