Bitcoin Forum
October 19, 2018, 12:38:42 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 »  All
  Print  
Author Topic: The Reason For Creating a New Cryptocurrency?  (Read 1959 times)
paynercash
Member
**
Offline Offline

Activity: 294
Merit: 10

The New Pharma-Centric Marketplace


View Profile
July 15, 2018, 02:57:39 PM
 #21

most of them are to attract investor to earn huge amount and scam most of new project now are fake but there some developer serious about creating of new coin they think they can solve what the lack of others coin.
Because many people think that calling ICO investments in the cryptocurrency market is easy, more and more new projects are being formed but the majority of them are scam and ineffective. I think there should be realistic and clear goals for creating a project that serves a real field.

Trade Pharma Network     │  New Pharma-Centric Marketplace
[   PRIVATE SALE   ]      │      WHITEPAPER
Linkedin        ⚫ Facebook        ⚫ Twitter        ⚫ Telegram
1539952722
Hero Member
*
Offline Offline

Posts: 1539952722

View Profile Personal Message (Offline)

Ignore
1539952722
Reply with quote  #2

1539952722
Report to moderator
1539952722
Hero Member
*
Offline Offline

Posts: 1539952722

View Profile Personal Message (Offline)

Ignore
1539952722
Reply with quote  #2

1539952722
Report to moderator
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
carlisle1
Hero Member
*****
Offline Offline

Activity: 924
Merit: 502


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
July 15, 2018, 03:25:49 PM
 #22

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?

Almost everything in this world from service to product had been created and offered by ico community so i guess the simple reason for creating copy cat is for sole purpose and this is to victimizing investors that may bite their baits and become another victim..unless the project is unique (that I doubt thers any)no other reason for this

MuffinMaster
Sr. Member
****
Offline Offline

Activity: 560
Merit: 251


Vena Network


View Profile
July 15, 2018, 03:28:10 PM
 #23

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?
Cause every crypto has something "original", if it is the copy of other coin it won't make "profits" and won't grow in price but making coins could lead to nice profits and could lead to gaining lot of investors who will believe in your "plan". People are trying to earn in lots of ways and that is one of them.

                ▄▄▄▄▄▄
           ▄▄█████████       ▐█▄▄
        ▄██████▀▀            ▐█████▄
      ▄████▀                 ▐██▛▜███▄
    ▄█████▄                  ▐██▌  ▀███▄
   ▄███▀█████▄              ▗▟██▌    ▜███▖
  ███▀    ▀█████▄▄        ▄████▀▘     ▝███▖
 ███▀        ▀▀█████▄▄ ▄▄███▀▀         ▝███
▐███             ▀▀███████▀             ▐██▌
███                 ▀███▀                ███
███                  ███                 ███
███                  ███                 ███
███                  ███                 ███
▐███              ▄██████▄▄             ▐██▌
███▄          ▄████▀  ▀▀███▄▄         ▗███
  ███▙      ▄████▀▀       ▀▀████▄▄    ▄███▘
   ▀███▄    ███▀              ▀▀████▄████▘
    ▀████▄  ███                  ▀█████▀
      ▀████████                ▄▄████▀
        ▀▀█████           ▄▄▄█████▀▀
           ▀▀██      █████████▛▀
                     ▀▀▀▀▀▀
.
Vena Network

an Open Agreement For Asset Financing and Tokenization
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                                              ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                                              ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WhitePaper            ‾‾‾‾‾‾‾‾‾   Luoshu Agreement   ‾‾‾‾‾‾‾‾‾              Announce 

gandhe83
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
July 15, 2018, 03:41:46 PM
 #24

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?
Cause every crypto has something "original", if it is the copy of other coin it won't make "profits" and won't grow in price but making coins could lead to nice profits and could lead to gaining lot of investors who will believe in your "plan". People are trying to earn in lots of ways and that is one of them.
My point. Being a coin now worth to the community, can meet the market. For example: the currency is used to load games, buy online, other transactions, .. That is the valuable money for the community. It deserves to be welcomed by the community. I think so.
chickenado
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 500



View Profile
July 15, 2018, 03:57:15 PM
 #25

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?
Peole believe in cryptocurrency and they will invest time effort and money on this because as we can see it is really profittable.  But we have to be extra careful because many ICOs are also just created to scam others.

Vanhoang2000
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
July 15, 2018, 04:02:33 PM
 #26

The reason for creating new e-money is that we have more and more needs as well as more opportunities to get access to new technologies and that has made the creators create new coin.
aso118
Legendary
*
Offline Offline

Activity: 1918
Merit: 1012


★Nitrogensports.eu★


View Profile
July 15, 2018, 04:06:11 PM
 #27

Reason number one:For pump&dump purposes.
Reason number two:Exit scam ICO(which is kinda like the first one,but with pump&dump they could pump the coin again and gain aditional profits).
Those are the real reasons.The fake reasons include:instant and cheaper transactions,easy and profitable mining,technology innovation that will beat the crypto competition.

It is sad, but true. Most coins are created so that their developers can benefit financially. We just have to look at all the coins which are considered "dead". Their developers have most probably profited at the expense of ordinary investors.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
rhomzkie26
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
July 15, 2018, 04:50:13 PM
 #28

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?

Cryptocurrency in our generation now was cannot be deny that it is very trending, and it appears so many because it depends to the developer if

they're intention is to help others or to victim others due to in crypto there is really have a profit/ money, that's all I know about it.

  |||  EverLife.AI  ||| 
  |||  Preserve your Legacy on the BlockChain  ||| 
  |||  Your Immutable AI Avatar on the Blockchain that preserves your legacy  ||| 

●  Facebook  ●  Twitter ●  Telegram  ●  ANN  ●
katelynsk
Member
**
Offline Offline

Activity: 102
Merit: 12


View Profile
July 15, 2018, 06:21:56 PM
 #29

1. To support own project ecosystem
2. To raise money on ICO

Why not to use an existing currency for the same goals? Maybe somebody tries to implement a stronger system, more resistant to various types of attacks on blockchain. Perhaps, for others, their own token is an additional marketing move. Or someone believes that the existing solutions are not suitable for their purposes for some reasons.
drm
Legendary
*
Offline Offline

Activity: 1092
Merit: 1005


View Profile
July 15, 2018, 06:46:51 PM
 #30

It should be about ideals, trying to improve on crypto.
Unfortunately I believe most coins that release now are made out of greed.
Aristus
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
July 15, 2018, 07:01:56 PM
 #31

Blockchain is the good technology for the better system and I believe it will become more useful as we are approaching the future. We can not avoid the people using this technology to create their own altcoin  for the very reason of getting the fund of the investors and then run. Because blockchain technology is not yet regulated globally.

██ HANDLEMODE ┋ Automated Influencer Sales Network ┋ ∎∎∎ WhitePaperPRESALE is LIVE ▐▐    GET the APP NOW ∎∎∎ ███████ | Twitter | Telegram | Github | Reddit | ███████
verita1
Jr. Member
*
Offline Offline

Activity: 350
Merit: 6

SECURIX Hits Soft Cap - Token sale is live!


View Profile
July 15, 2018, 07:40:32 PM
 #32

The reason why the ICOs issue their tokens is due it's the best way to raise the money for the purpose of the ICO. It is said that there are 3 types of tokens, as long as you see more ICOs you can check it.

  • Equity Tokens,
These are the tokens that will allow the ICOs to enter the cryptocurrency market and the stock negotiation is available to all. We do not need to be a recognized investor to acquire them, it is the token that we know the most.

  • Securities Tokens,
Are those tokens backed and are negotiable to acquire exchangeable currencies, real estate among others.

  • Utility Tokens,
This token allows users access to a product or service. For example: To activate a wallet you need to activate it with a number of tokens.


█≣≣≣   SECURIX   ≣≣≣█
▐▃    NEXT GENERATION OF CRYPTO MINING    ▃▌
https://www.securix.io/
solkinsolali
Member
**
Online Online

Activity: 154
Merit: 17


View Profile
July 15, 2018, 08:49:42 PM
 #33

It does seems the process of creating a new cryptocurrency is too easy. That is why more and more continue to flood the crypto market everyday. My only concern is that not all are actually good or have a working product or service.
posi
Sr. Member
****
Offline Offline

Activity: 532
Merit: 271


https://karatcoin.co


View Profile
July 15, 2018, 09:45:58 PM
 #34

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?
The actual reason behind the creationg of new crypto currency by some dev will always two reason. 1) some created new cryptocurrency just to make their pocket rich cause their plan isvto calm their investors off their money. 2) while some create new crypto currency in other to appreciate and edidy the block chain network and technology.


  █ █████       ▄████▀▄██▀
  █ █████     ▄████▀███▀
  █ █████    ████▀███▀
  █ █████  ▄███▀███▓
  █ █████▄███▀████▀
  █ ███████▀████▀
  █ █████▀▄█████▄
  █ ███▀▄█████████▄
  █ █▀▄██ ▀█████████▄
  █ ▄████   ▀███████▀█▄   
  █ █████     ▀███▀▄████▄
  █ █████       ▀▄████████▄
                   
                    █████                   
                ▄███  █  ███▄               
             ███      █      ███             
         ▄███         █         ███▄         
       ██    ███████████████████    ██       
    ████            ██ ██            ████   
    ██             █     █             ██   
    █ █           █       █           █ █   
    █ ██         █         █         ██ █   
    █  ██      ██           ██      ██  █   
    █   ██    ██             ██    ██   █   
    █    ██  ██               ██  ██    █   
    █     █ ██                 ██ █     █   
    █     █████████████████████████     █   
    █  ███  ██                 ██  ███  █   
    ███       █               █       ███   
      ███      ██           ██      ███     
         ███     █         █     ███         
            ▀███  ██     ██  ███▀           
                ▀████   ████▀               
▀███▀
                 
██
██
██
██
██
██
██
██
██
██
██
██
██
everythingforsale
Full Member
***
Offline Offline

Activity: 207
Merit: 100



View Profile
July 15, 2018, 11:04:08 PM
 #35

 I'm thinking they're the most common reason to this year new cryptocurrency is ICO project when you just want to achieve the things that you cannot affordr for your money that you have.
Grayy
Member
**
Offline Offline

Activity: 322
Merit: 12


View Profile
July 15, 2018, 11:29:31 PM
 #36

I think most of the cryptocurrencies emerging are as a result of companies and group of people selling/promoting their products/projects through ICOs. Some people have very bright ideas and may need the support of people by raising money through ICOs.
microwave
Newbie
*
Offline Offline

Activity: 194
Merit: 0


View Profile
July 16, 2018, 03:06:17 AM
 #37

The growing development of cryptocurrency in the world becomes a very positive thing in this digital era where the use of blockchain-based technology becomes real. However, in my mind, being questionable is actually the reason that many people make and create a new crypto currency?


many people create the new crypto currency to the purpose of alternative option to people choosing the best one and making a primary use in the whole world if ever the said currency is the number one choice to people.
gowobonyok
Jr. Member
*
Offline Offline

Activity: 294
Merit: 2


View Profile
July 16, 2018, 03:10:22 AM
 #38

crypto is very much in the market, and reason for new crypto? I think it will only make the market more busy and the impact is on the token that will launch.

🔵 [ BLINKED ] 🔵 [ https://www.blinked.live ] 🔵
RECOMMENDATION PLATFORM THAT DRIVES UP TO 90 PERCENT OF ADVERTISING REVENUE TO USERS
Bit_Gram
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
July 16, 2018, 03:29:21 AM
 #39

1. To create money that will then fill their pockets, as 80% of crypto currencies are
2. To increase BTC or non vapor ware token holdings, as 19% of crypto currencies are
3. To actually innovate, decentralize, or better our world, as the 1% of crypto currencies that actually contain some substance are. For instance ETH with smart contracts, the creation of DAG tech (NANO), or a truly decentralized exchange (Cosmos, 0x, Nex)


cahbagus555
Member
**
Offline Offline

Activity: 280
Merit: 10


View Profile
July 16, 2018, 07:39:49 AM
 #40

Every cryptocurrency created because have their own purpose and utility. Some crypto created for bussiness purpose like ethereum, waves, neo and other. Some created for payment and currency like bitcoin and others. The reason many diffrent crypto created because every crypto have their own advantages

VIDY 👅| Decentralized Video Ad Network | VIDY 👅
Open-source NLP Protocol Hold to Earn One-Tap Payment Staking Mechanism Low fees Secure
Facebook   Telegram   Twitter   [Pre-ICO Starts on September 1st, 2018]   Bitcointalk   Medium   Reddit
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!