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Author Topic: Why people try to create their own coins?  (Read 11250 times)
dimonarka
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November 14, 2018, 06:00:04 PM
 #1741

people are trying to create something new. this is also done for the promotion of the project, and later for profit. also there are many of these scam cases
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November 14, 2018, 06:00:57 PM
 #1742

I'd create my own coin but its like pfft hastle
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November 14, 2018, 06:03:49 PM
 #1743

Most likely, such people want to bring something new into this world, to simplify the lives of ordinary people.

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November 14, 2018, 06:06:11 PM
 #1744

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
Those people have their own perspective about their own token. And every token has a target or mission thats why investirs are choosing which ICO has the great mission and that has a big possibility to succeed. Creating a tokens is not a waste of time unless you create a really coin that has no target at all or any mission at all.
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November 14, 2018, 06:18:39 PM
 #1745

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

Because it is all about hype and when there is hype there is money)) A lot of shitcoins today are bought in big amounts by people who like risky investment and are used to them. And such "creators" are taking advantage of this situation...

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bitcoinst
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November 14, 2018, 06:19:23 PM
 #1746

I'd create my own coin but its like pfft hastle

There are several types of people, some create their own coins as they see the meaning in it, see that it can help their platform and the crypto economy in general. Others create solely for the sake of money, their coins are worth nothing after a month or two.

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November 14, 2018, 06:26:40 PM
 #1747

different developer works on decision as applying use of strategics to define with one on conception as managing plan on projects with the ico terms on scheme as collecting use of funding with the tasks of finance with the manage of series on jobs to complete within the interval of terms as focusing with one on number as limit to deliver as preparing on following to begins as one with supports on use with the reference of release of funds from investors.

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andor.gellenhidi
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November 15, 2018, 06:57:57 AM
 #1748

If you think from the point of view of a naive person, then I think that there is nothing easier than just getting money to implement an idea, and there you already have the choice to implement it or not. Therefore, I would simply advise to think about it more carefully.
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November 15, 2018, 03:05:19 PM
 #1749

Now what coin do not choose - the market situation is that the coins only fall in price. Perhaps behind this are governments and banks and while they are very much not want the market to grow.
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November 15, 2018, 03:09:08 PM
 #1750

Because people always have dreams that they choose. They want to make money for themselves, so that they can spend their desirable enjoyment. That is not called wasting time, which is called passion, is the dream of every person, looking forward to one day accepted the main currency they are present in the market.
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November 15, 2018, 03:21:38 PM
 #1751

people are trying to create something new. this is also done for the promotion of the project, and later for profit. also there are many of these scam cases


I wish there were no scam projects at all, then we would not be in such a situation now, because investors would not be afraid to invest their money in good ICO projects, and without a scam we could easily distinguish good from bad ones. As a result, at the moment we have hundreds if not thousands of scam projects that create new coins just for the money.
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November 15, 2018, 03:21:44 PM
 #1752

There are quite a lot of scammers that all the time are trying to get some money from fake ICO and using some other approaches. However, there are some good coins that are creating because they are important for implementation a project.
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November 15, 2018, 03:50:11 PM
 #1753

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
   So that you and I will learn to research before making a decision and risk your money. Is not it?))) I have such answer
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November 15, 2018, 04:00:21 PM
 #1754

I think the reason why people try to create their own coins is that they hope to imitate the achievements of bitcoin but most of the coins that being created right now doesn't have any impact towards our every day life moreover they are just being created just to rob the money of its investors and soon after that it will just be abandoned and it will soon become as a garbage coin.
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November 15, 2018, 04:13:25 PM
 #1755

there are several reasons why people create their own coin for example for vanity or to have fast money or why not to make an own ico, finance a project, an idea however there is space for everyone in this market, is very vast

free space pm if interessed
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November 15, 2018, 04:19:41 PM
 #1756

There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
lol Im agree with you but they do that because they have their own purpose, which is to expect the tokens they create can be very valuable in the future along with the progress of the projects they make. Then we as investors can only hope for the best for ICO projects that we trust.

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November 15, 2018, 04:20:59 PM
 #1757

In 2017, people started a lot of different ico to simply raise money, there was a lot of fraud when there was a HYIP and people invested money without even realizing where. Now only really powerful projects with a cool team are creating and collecting money.
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November 15, 2018, 09:10:59 PM
 #1758

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

What projects are you talking about? You consider all the projects to be a fraud! Maybe, that's a pessimistic view, but only partially. Personally, I know many good projects which I trust!

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November 15, 2018, 10:40:19 PM
 #1759

They spend their time and a lot of resources in order to collect money from people who do not see true projects and then after buying tokens people are left with nothing and the developers of tokens take real money  Grin
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November 15, 2018, 11:38:25 PM
 #1760

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

People tend to create coins in order to make money and be famous, thats all they want, but others say that they wanna use their talents in coding and blockchain technology, there is nothing wrong in this moves, but it also creates opportunity for some people to make money and it can help the community, the bad side of this one is that it drives the emotion of a person to take the opportunity to scam and be greedy to money.
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