Queen_Amber (OP)
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Activity: 214
Merit: 11
Cryptocurrency is the FUTURE!
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March 06, 2019, 09:07:18 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?
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ツ Message me on Telegram @Flour ツ Or message me on Kik @ Treat ☮♡ I love everybody! ☮♡
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Tamilson
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March 06, 2019, 09:27:05 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Firstly, being listed on cmc isn't that easy since certain coin/token needs to meet its requirements like being listed in an exchange site and circulating supply. You can read their methodology here. https://coinmarketcap.com/methodology/While it's indeed that we have tons of coins/tokens that actually congesting the market yet only those that are solid and established will remain and some will eventually die. So don't bother to create one just to make thousands ( if ever they will ) as it's just a waste of time.
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Happy Coding Life
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dulinivanrus
Jr. Member
Offline
Activity: 210
Merit: 1
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March 06, 2019, 09:49:20 AM |
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To get on the list coinmarketcap need to have a decent amount of volume. I think that in the near future coinmarketcap cleaning service of trash.
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✦ ZOPTAX ✦ ❝ Disrupting VOIP with Blockchain ❞
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koincik
Sr. Member
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Activity: 868
Merit: 265
★Bitvest.io★ Play Plinko or Invest!
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March 06, 2019, 09:55:50 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Only over 2000 can access the Coinmarketcap data. A lot of coins or token are waiting in line. And in practice there is no way to stop this increase.
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btccrusher
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March 06, 2019, 10:03:42 AM |
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You are not correct. Those coins are not creating on the day the getting listed in CMC, but they are reaching certain criteria before they got listed on CMC. To get listed in CMC, a coin needs to be listed in 2 CMC listed exchanges and needs a certain level of trading activity. So yes, projects who are working/developing the community are able to enlist themselves.
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SaRmY
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March 06, 2019, 10:05:50 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? You are mistaken without proper knowledge in this industry you will not collect a penny. Now investors will not invest in your next scam. So think twice about claiming to create a meaningless coin. Because I think frauds are legally enforceable.
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Imoote
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March 06, 2019, 10:09:21 AM |
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Do not be surprised when smart people can make money easily, but learn to follow them, because nowadays it is very sophisticated, so to make money must also be sophisticated, I myself also cannot make coins, and all the coins are clearly of use.
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Stanlo
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March 06, 2019, 10:12:05 AM |
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You got it all wrong ,for a coin to get listed on cmc it has to reach cmc target ,those coins and tokens you seeing getting listed everyday ate not new coins ,they have been in line until target for cmc is met
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Script3d
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March 06, 2019, 10:24:52 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Not all of the coins added to cmc are new, some of them probably been around a long time and they just met the cmc standard to be listed on the site, like a specific volume, people cant make a coin that easily it takes time to make one, also not all of the coins did a crowdsale.
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Dr.Sponge
Member
Offline
Activity: 616
Merit: 10
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March 06, 2019, 10:28:38 AM |
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It is not a new coin, for real. They are just listed on the coinmarketcap and we all know that they have been long time before getting to list on the coinmarketcap.
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poodle63
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March 06, 2019, 10:50:20 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Firstly, being listed on cmc isn't that easy since certain coin/token needs to meet its requirements like being listed in an exchange site and circulating supply. You can read their methodology here. https://coinmarketcap.com/methodology/While it's indeed that we have tons of coins/tokens that actually congesting the market yet only those that are solid and established will remain and some will eventually die. So don't bother to create one just to make thousands ( if ever they will ) as it's just a waste of time. CMC has been implementing a new rules and you must read again. there some rules that have already changed by CMC itself. I just knew about that yesterday and so many people still don't know about that dudue.
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pushups44
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March 06, 2019, 10:57:41 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? People get upset when there are bear markets, but bear markets are needed to clean up the trash coins that exist. Already it has served to neutralize or eliminate a large portion of coins. While I have no doubt this industry will see plenty of growth ahead, a few more bear cycles will be needed to wipe out most coins.
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bassbity
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March 06, 2019, 10:59:19 AM |
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They also definitely need the process to enter Coinmarketcap not that easy, it has also been through a selection by CMC so the newly emerging coins are potentially good with large volumes,
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Stblcn
Newbie
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Activity: 20
Merit: 1
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March 06, 2019, 10:59:38 AM |
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I consider that as a mystery as well. Lol. As far as I know, it's not that easy to start up a project and make your own coin and have it even listed on the Coinmarketcap, I mean it's obviousy a long process, right? hahaha
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meanwords
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March 06, 2019, 11:01:44 AM |
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At first, let's start with coins getting listed each day. Getting listed in CMC is not that difficult but not that easy too. You need a decent amount of trading volume before you could get listed there. Depending on the activeness of a certain coin, he could get listed in about a few months or even a year after its creation. What's stopping a normal person like is that you need to insert effort in advertising and shilling your coin as much as possible. You need time, money, and effort to list it to CMC. Let's just say from creating your coin to making a community and advertising it, it's a lot of work. Creating coin is not that hard though. You only need to copy other coin's code and modify it to your likely or what we call fork of another. To be honest, we only need a handful of it. As long as people are profiting from it, it's not going to stop.
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SvonioneFromMangoCoinz
Member
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Activity: 663
Merit: 10
https://streamies.io/
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March 06, 2019, 11:05:06 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Creating a project is a long process and not simple. You can see the whitepaper of some projects and marketing costs, site setup and cost for managers. all have its price and money is not easy to earn. Scammers also need capital and sophisticated minds to be able to create a big project.
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Xardasim
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March 06, 2019, 11:06:15 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Stupid and money-saving coins are the ones created in the past. It is unlikely to be listed in coinmarketcap with such ideas these days. In addition, there are so many new money created and only a few of them is listed in CMC.
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Betwrong
Legendary
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Activity: 3276
Merit: 2151
I stand with Ukraine.
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March 06, 2019, 11:15:07 AM |
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Of course you can try to create your coin, but be sure it has some unique features, and not only unique but beneficial ones too. Although it is already a hard part, here comes the another, convince thousands of people to buy your coin, let alone to use it. All of that is not so easy to do, and most people who create new coins just lose their money. So, in most cases, the question is not how much you earn, but rather how much you lose, $10k or $10 million?
Regarding "when is it gonna stop?", I think never, and that's not a bad thing, if you ask me. The harder the competition, the better the prize.
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el kaka22
Legendary
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Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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March 06, 2019, 01:04:57 PM |
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It is incredibly easy to publish your coin, its not even that hard to code it for someone who has no coding experience. Nowadays they are selling blockchains and cryptocurrencies for as little as 0.1 bitcoin, so if you pay the right people and get help from them and just change the names and logos and whatever around you will see that you have a coin of your own.
I actually did one just for pure fun and joking with friends all premined and we were sending and receiving back and forth for jokes so its incredibly easy. Just because you see new coins printed out every single day do not think that all of those coins are legit, most of them are just for fun or even testing purposes and out of maybe 10-20 or even 50 coins that comes out everyday only one or two of them actually start off as a decent legit coin.
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Little Mouse
Legendary
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Activity: 2044
Merit: 1980
Marketing Campaign Manager |Telegram ID- @LT_Mouse
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March 06, 2019, 01:14:03 PM |
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Creating a token or starting your own copy cat coin is nowadays as easy as that a high school boy can do that. So, it's normal that thousands of coins are there but problem is everyone is shit.
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joeperry
Sr. Member
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Activity: 2114
Merit: 462
Bons.io Telegram Casino
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March 06, 2019, 01:20:38 PM |
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True, being listed on coinmarketcap is not easy there are some requirements needed in order for your coin to be listed and let's say it's easy to create your coin but if it's hard to create a project on where you're going to use that coin and I think every coin has their own uniqueness based on their use, etc. so if you have a project that's different than others and can solve a certain project (for example anonymity of messenger, etc) then it would be easy for your to get an investor... but if you're just going to make a project with the same concept as the others... then don't be surprised if you don't find any investors.
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leslie4u
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March 06, 2019, 01:44:23 PM |
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Currently, CMC is only looking at the volume and the exchange that the coin is listed on. New coins are released everyday especially token because it is not that difficult to release tokens. When it comes to coins it's mostly a clone of Dash or Pivx with some twist in it. Like mentioned by previous members, not all coins make it to CMC yet do better simply because the community believes in the project. On the other hand, there are projects which are listed in CMC yet they do not do wonders.
So before investing our hard earned money, nowadays we need to do a lot of research unlike what it was a few years back.
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Thanasis
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March 06, 2019, 02:03:12 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Nothing is stopping you from creating your own coin,if you know how to do then just do it or you can even hire blockchain experts to create your coins but making it into valuable is not much easier,you need to find the investors for it first and then need to develop it and lot more.
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coin-investor
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March 06, 2019, 03:13:11 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Actually you don't need skill or a coder to do this, you only need money and communication skill, to organize an ICO, of course, money talks you hire coin or token creator, you hire promoters or community manager, you hire people to write white paper and create website, all you have to do is to organize thing and accept payment that's it that easy.
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Queen_Amber (OP)
Member
Offline
Activity: 214
Merit: 11
Cryptocurrency is the FUTURE!
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March 07, 2019, 02:14:32 AM |
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hmm ok. thanks guys. i read every comment and i have a little better understanding now.
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ツ Message me on Telegram @Flour ツ Or message me on Kik @ Treat ☮♡ I love everybody! ☮♡
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sempak
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March 07, 2019, 02:21:48 AM |
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Creating a token or starting your own copy cat coin is nowadays as easy as that a high school boy can do that. So, it's normal that thousands of coins are there but problem is everyone is shit.
making tokens is very easy and almost everyone can make it, but indeed it's just an average test. and in my opinion it's not a problem they are doing a trial
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PuertoLibre
Legendary
Offline
Activity: 1834
Merit: 1003
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March 07, 2019, 02:22:42 AM |
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Every coin has its own potential but creating useless coins are a bad experience in this industry. Lack of organization on ICOs doesn't let to investors to understand the continuing processes. Creating a new project is a running process and not simplistic. Sometimes they copy from other projects and introduce it as a new idea to investors.
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strunberg
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March 07, 2019, 02:32:57 AM |
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Every coin has its own potential but creating useless coins are a bad experience in this industry. Lack of organization on ICOs doesn't let to investors to understand the continuing processes. Creating a new project is a running process and not simplistic. Sometimes they copy from other projects and introduce it as a new idea to investors.
i think now creating own coins just to take own benefits from investors in cryptocurrency market.no more seriousness to create high quality projects.and unfortunately more and more fake developer trying to create projects that actually their tokens/coins useless.too many similar concept in new projects.
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rosmerius
Member
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Activity: 490
Merit: 11
Revolutionizing Crypto Payment Solutions
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March 07, 2019, 03:24:58 AM |
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At this time it does look like they have a lot of coins and are willing to create their own coins so that the benefits they get for themselves, this feels smart and is able to do it independently. We can only see what they are doing will have a good impact on them, and for us, it is possible to be able to choose and research so that we are not trapped.
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The Cryptovator
Legendary
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Activity: 2240
Merit: 2174
Need PR/CMC & CG? TG @The_Cryptovator
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March 07, 2019, 04:22:40 AM |
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this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?
It will never end. Everyday launching many ICO's and some of them getting success so they will list it on CMC. And it's not very easy to list on there because you have to meet minimum criteria like minimum volume etc. And raise fund isn't too easy, investor's are not fool anymore. Lot of scam exposing lately, so if you don't have potential concept and team then you aren't going to raise money successfully. If it were very easy then everyone would try to become rich.
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flyingcat
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March 07, 2019, 04:35:10 AM |
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You should know that not all cryptocurrencies are listed on Coinmarketcap so the real number of cryptocurrencies are much bigger because only cryptocurrency with high trading volume will be listed on Coinmarketcap. Beside if you take a look, it's not daily, there will be new coin listed on Coinmarketcap whenever it has enough trading volume.
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Saisher
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March 07, 2019, 04:35:50 AM |
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Creating a token or starting your own copy cat coin is nowadays as easy as that a high school boy can do that. So, it's normal that thousands of coins are there but problem is everyone is shit.
if you have $100 you can have your own token and a whitepaper for your project, this is a very cheap for a start an additional $400 you can launch your own ICO you can hire people on the service section or on Fiverr to be part of your team and create your website, you do not need to spend more on bounty campaign you have your token to give away, that's how easy it is.
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zhekinsp
Full Member
Offline
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
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March 07, 2019, 05:36:02 AM |
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Most of the people create an ethereum based token and start launching their ICO but it really not a project to invest the team will run away with your money so never invest on the ICOs if you don't know how to evaluate it.
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traderethereum
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March 07, 2019, 08:30:13 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Who doesn't want to make a profit from creating new coins? I guess if someone has a skill in crypto and he can create the coin, he will use his skill to build the team, developing the project, promote the project, make an offers to the investor. We cannot stop them from creating a new coin because they have free to create the project. But the truth is if their project cannot give benefits to people, I don't think that their project is worth. They were raising much money from the investor, and we know that the investor is thirsty for making a profit and they will join with the project if the project is very good for them. I think that coin will help traders to gain more profit because when the coin get the list in the exchange, every people who have that coin wants to see the price is at the higher price so they can sell it for making the profit.
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clonely
Member
Offline
Activity: 490
Merit: 10
SEND AND RECEIVE MONEY INSTANTLY
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March 07, 2019, 08:37:57 AM |
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It's not that important to be listed in the CMC. There are about 2100 crypto currencies listed in the CMC. However our consideration is no more than 250 pieces we received. Therefore, we need to consider market data rather than CMC coin/tokens amount.
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beerlover
Legendary
Offline
Activity: 2870
Merit: 1160
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March 07, 2019, 09:02:22 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? This kind of mentality is what is making a lot of scams coming out with ICO’s just to raise money, you can actually start your own Initial Coin Offering too provided you have purpose driven project that you are passionate about but the challenge with these new coins is that some of them, at 60% of them end of parking up due to lack of proper management and strong team. Those coins are actually not necessary, well I really blame decentralization for paving way for this, no regulation of any sort at all, too many of these coins are reason why block chain technology is still not embraced, we would have rather embrace one or two of these coins so it can have more effects on the economy.
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pat25
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March 07, 2019, 09:11:00 AM |
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Welcome to the world of cryptocurrencies where everyone can easily create an idea and if he finds some people that will follow his idea, then the coin is created and have its own community. I love cryptocurrencies thanks to this possibility.
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tabas
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March 07, 2019, 09:16:19 AM |
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It's a problem that keeps on coming everyday. There are developers that just do it for fun and some are hoping that their coins are going to be great one day so they never stop doing it. Bitcoin will stop these coins once people understands that there's a need to support one coin for all and that is through bitcoin.
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electronicash
Legendary
Offline
Activity: 3080
Merit: 1051
Eloncoin.org - Mars, here we come!
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March 07, 2019, 12:41:44 PM |
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no one is stopping you from creating your own coin but making people use your coin is the real challenge here. being listed on coinmarketcap means your coin will have a volume of more than 10K USD not to mention you will have to pay for it to be listed to an exchange. its not that easy but you can try. my suggestion is to just fork a coin after all its much easy to do.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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criket
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March 07, 2019, 12:46:42 PM |
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no one is stopping you from creating your own coin but making people use your coin is the real challenge here. being listed on coinmarketcap means your coin will have a volume of more than 10K USD not to mention you will have to pay for it to be listed to an exchange. its not that easy but you can try. my suggestion is to just fork a coin after all its much easy to do.
there's not much we can do to make the volume of coins we have to grow. until now the market response is needed on the performance of the developer. if the platform develops well, I think there will be an increase because it is a new coin.
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Gontxi
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March 07, 2019, 01:01:18 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? no, you can't stop it like the number of new ico popping up. I think regulation should be there to become a legal umbrella. but it is inseparable from the many innovations developed from previous altcoins or carrying ideas such as bitcoin. so, the point is you don't have to focus on altcoins that aren't attractive to you, make experience and knowledge in every speculation
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cryptogeek101
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March 07, 2019, 01:04:13 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? I think i also observed the same thing in the coinmarketcap, however i believe listing a new coin or token in the coinmarketcap is not all that very easy, there are not lots of market conditions one has to meet before one get listed
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siorapokk
Copper Member
Jr. Member
Offline
Activity: 190
Merit: 1
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March 07, 2019, 03:16:56 PM |
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Because we are now at such phase of the market growth and I am sure at least 50 percent of all these project would not survive after one year. The true brilliants have already released their products and are now working on network spreading.
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JohnMacZeppelin
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March 07, 2019, 03:17:24 PM |
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In this, in general, there is nothing difficult, the most difficult thing is how to follow these guys, so that these are not just tokens but really secured tokens that will really be worth something.
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defoman
Jr. Member
Offline
Activity: 448
Merit: 2
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March 07, 2019, 05:18:42 PM |
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Demand generates supply in the market, if all these shitcoins someone buys, then it is profitable to produce them again and again while there will be new investors ready to invest their money in the air. Perhaps the problem is that people before investing in cryptocurrencies do not want to learn more about it and protect themselves from scams.
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tonibyuzen
Jr. Member
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Activity: 168
Merit: 1
“Justice as a Service Infrastructure”
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March 07, 2019, 05:25:07 PM |
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In order to stop the flow of new coins that do not have any useful value, it is necessary to introduce strict regulation of all coins. If the coins will be controlled and will have to meet the standards we will be able to get rid of a huge number of unnecessary coins.
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JUR Alliance | https://jur.io/ | Join the Legal Revolution! Justice as a Service Infrastructure
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danherbias07
Legendary
Online
Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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March 07, 2019, 05:40:52 PM |
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It is easy with ERC20 of Ethereum. But for you to be funded you will need a team, website, whitepaper and some capital also to pay for your team. Some did it using fake names and fake pictures of different individuals. That is if you can get away from those who will check you. So will you still do it considering you will also need to pay first for all of that just for a $1000 profit?
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Cosbycoin
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March 08, 2019, 06:58:01 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? A lot of peoples are starting their own start-ups for which they regulate a new coin which would be accepted as a payment source on their platform. These coins are regulating into circulation and are getting the fund raisings from various angel investors, big whales, etc. There are thousands of ICO projects who launch their own coin so you can imagine how fast the numbers of CMC coins are been filling up.
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ricardobs
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March 08, 2019, 07:47:21 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? A lot of peoples are starting their own start-ups for which they regulate a new coin which would be accepted as a payment source on their platform. These coins are regulating into circulation and are getting the fund raisings from various angel investors, big whales, etc. There are thousands of ICO projects who launch their own coin so you can imagine how fast the numbers of CMC coins are been filling up. People make a lot of money from ICO because they spend a lot of money in making the ICO a successful one, most time I come to the forum and see how startup ask for people who can join their team for tokens, they even go as far as looking for devs that would be able to work for them for coins, and I begin to wonder if those companies don't have enough money to pay developers to work on the project, how would they ever have money to market the project that has been built because no good marketing agency will want to work for tokens instead of real cash.
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Galantin
Jr. Member
Offline
Activity: 602
Merit: 2
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March 08, 2019, 07:50:17 PM |
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People aspire to become rich. Run your own project and are waiting for a miracle. But now there is too much competition on the market. Only the strongest companies can compete in this competition.
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veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
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d1ceplayer
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March 08, 2019, 07:51:07 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Stupid and money-saving coins are the ones created in the past. It is unlikely to be listed in coinmarketcap with such ideas these days. In addition, there are so many new money created and only a few of them is listed in CMC. I have lots of shit coins I have invested in in the past that ended up not having a position on coin market cap and not even all listed coins on CMC can start the test of time, personally for me, what I do most is to invest on the top 20 coins no matter how expensive them may look. I don’t have to buy full coin to invest, most other coins are being threatened by the rubbish activities going on in the crypto world. Only BTC is still the most reliable coin for now which we seriously need to embrace more.
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blu.storm
Member
Offline
Activity: 320
Merit: 17
free space pm if interessed
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March 08, 2019, 07:57:42 PM |
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to be listed on coinmarketcap tokens need to be listed on two or more exchange of medium importance, i think that coinmarketcap has a program that automatically adds tokens if they reach certain conditions, create a new token is easy and even free is all the work around that is hard like create good publicity, interest and a credible ico
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free space pm if interessed
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miropp
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March 08, 2019, 07:59:31 PM |
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New coins are not so difficult to create. Initially, the developers themselves can create the appearance of trading in order to draw attention to the coin. Everyone is trying to earn as much as they can.
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asyakashi
Sr. Member
Offline
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
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March 08, 2019, 11:36:31 PM |
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I also see a new ICO program being launched every day. I don't understand the more coins / tokens, the smaller the chance that the coin will survive in the marketcap. in the end a lot of coins die and the volume decreases then becomes a rubbish coin. I think there must be a new regulation for the ICO.
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mrdeposit
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March 08, 2019, 11:45:28 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Nothing can stop you. Most of the coins in Coinmarketcap are shitcoin. When it is time to resist, most of it will be ruined. Even it lists the money with some criteria. There are thousands of counterfeit money which was not listed.
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cchub
Full Member
Offline
Activity: 560
Merit: 101
Migranet ITO
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March 08, 2019, 11:50:25 PM |
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If people are giving value to all those coins, who are you to say they should be worth nothing?
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LbtalkL
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March 08, 2019, 11:54:11 PM |
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If you are checking Announcement(Altcoins) daily you can see a new added project daily there is no doubt even in bounties board new bounty project is added almost everyday and there is no stopping it for now. There is scam but there is also legits but I dont like it, why not just support existing coins atleast top 10 on coinmaketcap to increase adoption, everyone just want to create their own coin/token and make some money and there is so much stablecoin that exist right now I dont know if its really backed by someting like gold etc.
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coin-investor
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March 09, 2019, 12:33:51 AM |
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Because we are now at such phase of the market growth and I am sure at least 50 percent of all these projects would not survive after one year. The true brilliants have already released their products and are now working on network spreading.
It's actually higher than 50 percent, my guess is it out 10 that launch their ICO only 2 will have moderate success some of them will pause their project, some of them will just stop their crowdfunding and those who manage to get some funds will run away leaving the project abandoned ICO is in a sorry state.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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calya
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March 09, 2019, 12:55:22 AM |
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Because we are now at such phase of the market growth and I am sure at least 50 percent of all these projects would not survive after one year. The true brilliants have already released their products and are now working on network spreading.
It's actually higher than 50 percent, my guess is it out 10 that launch their ICO only 2 will have moderate success some of them will pause their project, some of them will just stop their crowdfunding and those who manage to get some funds will run away leaving the project abandoned ICO is in a sorry state. most of your opinion was true if we compared with real condition at this moment.only few projects that could survive and continuesly developt their projects.maybe only around 5% from total projects as founder Ethereum said before.
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Absolutep
Jr. Member
Offline
Activity: 434
Merit: 2
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March 09, 2019, 01:02:30 AM |
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the crypto sphere has turn to money making market that different people coming up with different coin everyday, everybody has suddenly turn dev and that is why we have too many useless coin making up the market.
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Jadesola
Member
Offline
Activity: 280
Merit: 11
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March 09, 2019, 02:56:29 AM |
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In the crypto sphere now,everyone is a dev,it is so bad now that some people from somewhere will just gather themselves together and claimed to be dev and team coming up with useless coin.
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nlaara12
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March 09, 2019, 03:04:10 AM |
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CMC is now a room for all kinds of coin,too many useless coin that are not suppose to be in the existence but yet thay are brcause some people gather themselves together to produced that.
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yeniruieni
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March 09, 2019, 04:56:39 AM |
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Now many new ICO coins appear and they have to do a screening. So it's not just any ICO coin that can be entered in Coinmarketcap. Many companies are interested in making money from Crypto. So they did everything they could to sell their ICO coins. Even though there are still many ICOs that fail and many ICO coins have no selling points.
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Papcio77
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March 09, 2019, 05:06:05 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Why you care? Are you buying their coin? If not then shut up. Cause many people doing some projects to create new and useful crypto token. I mean a platform that will cater those token worth. If you cant take it then leave the crypto industry. No one is forcing you to stay.
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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March 09, 2019, 05:10:29 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Coin that does not have a good vision and mission will only take a moment. The coin can't grow and I don't think it will make investors interested. the more useful and interesting a Coin will be to make the coin more trusted, it will make a development and useless Coin will only disappear and then die forever.
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dhiraj0977
Jr. Member
Offline
Activity: 518
Merit: 1
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March 09, 2019, 05:11:16 AM |
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In these days, listing in coinmarket is not difficult as they needed just daily marketcap. Many scammed projects or coins maintaining withdrawal restriction and demanding depositing amount to invest in project still exist, they can easily maintain volume in 24 hours, so they still listed in market, but later or sooner, they will cease from coinmarket. Approximately from today all list of coins in coinmarket, only 20-30% only have really meaningful airs in cryptomarket, rest 70% are just scammed and failed projects which are still duping money from all peoples around world.
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HARA │ Empowering billions through data one byte at a time
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Indrawan77
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March 09, 2019, 05:16:11 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Why you care? Are you buying their coin? If not then shut up. Cause many people doing some projects to create new and useful crypto token. I mean a platform that will cater those token worth. If you cant take it then leave the crypto industry. No one is forcing you to stay. This is something that we need to aware, too many coins mean investors will diversify the investment and too many coins creation could lead to a lot of weak coins, which won't make crypto develop well, but the problem now everyone is free to create their own coin and most of them are used to scam, actually more and more coin adding is good as long as the quality of the coin is getting better
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michellee
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March 09, 2019, 05:40:30 AM |
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CMC is now a room for all kinds of coin,too many useless coin that are not suppose to be in the existence but yet thay are brcause some people gather themselves together to produced that.
Yes, but not all coins can compete with the other. You can see only the coin which has good support that could move to a higher position. Without that, I think it's very difficult to get a better position. People can create any coins they want because it's easy for people who have a skill in the blockchain and programming. And I think in the future, there will be many new coins will create and they will compete with the existing coins.
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H1N1
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March 09, 2019, 01:31:03 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? No, you are wrong. The coins that listed on Coinmarketcap is not a new coin, it must be an existing coin with enough volume trading to get listed there. So, the coin itself has already value, being traded in the exchange, not a brand new coin that just have been created. Many coins already dead before listed in CMC, so it is not easy to list there if the coin has low value.
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r_delossa
Member
Offline
Activity: 490
Merit: 10
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March 09, 2019, 01:39:07 PM |
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We are now during this period where new projects are launching every day, but I assure you that there will be not so much projects left on coinmarketcap within a year. We will reach this point where we would have only 200-300 cryptos.
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shesheboy
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March 09, 2019, 01:45:42 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? No, you are wrong. The coins that listed on Coinmarketcap is not a new coin, it must be an existing coin with enough volume trading to get listed there. So, the coin itself has already value, being traded in the exchange, not a brand new coin that just have been created. Many coins already dead before listed in CMC, so it is not easy to list there if the coin has low value. its possible for a new coin to accumulate lots of trading volume because that coin can be promising enough . and also if the coins is dead why would they still be listed on cmc ? that can only make a confusion . that is possible . the creators of those coins might be putting a big capital to manipulate the volume . How do people just make there own coins that easy?
its not hard to create a coin is you are talented and have a lot of capital . i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? whats stopping you , is that you are only an average person , you are not powerful enough , you are not knowledgeable enough to what they do . this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?
thats not stupid , that only a business . that wont gonna stop as long as crypto is still here .
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Queen_Amber (OP)
Member
Offline
Activity: 214
Merit: 11
Cryptocurrency is the FUTURE!
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March 10, 2019, 03:18:09 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Why you care? Are you buying their coin? If not then shut up. Cause many people doing some projects to create new and useful crypto token. I mean a platform that will cater those token worth. If you cant take it then leave the crypto industry. No one is forcing you to stay. you shut up and keep your negativity to yourself
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ツ Message me on Telegram @Flour ツ Or message me on Kik @ Treat ☮♡ I love everybody! ☮♡
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wayancrypto
Member
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Activity: 462
Merit: 11
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March 10, 2019, 03:51:07 AM |
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Is easy to create crypto and tokens but very difficult to development the project , alot of project just copy others and then finally that token does not have value. I think all crypto tracker include CMC should be only listed tokens that have live product and tradeable in big exchange. Trader and investor now prefer to invest in old coin that have live product because the price so cheap, so less demand for new crypto.
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onetrinity
Jr. Member
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Activity: 38
Merit: 1
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March 10, 2019, 04:00:44 AM |
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Is easy to create crypto and tokens but very difficult to development the project , alot of project just copy others and then finally that token does not have value. I think all crypto tracker include CMC should be only listed tokens that have live product and tradeable in big exchange. Trader and investor now prefer to invest in old coin that have live product because the price so cheap, so less demand for new crypto.
Or maybe change the condition. Instead of being listed to any 2 of their listed exchanges, why not make it just listed in top 100 exchanges. This way it will be harder to meet the criteria.
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Zulfiyan
Member
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Activity: 360
Merit: 10
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March 10, 2019, 04:09:10 AM |
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To be able to list in coinmarketcap requires criteria and volume of exchange, for example, daily volume above $ 10,000 The coin must also be clear how much the total supply and circulation. so not all coins made can enter the coinmarketcap
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Perie200
Member
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Activity: 406
Merit: 11
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March 10, 2019, 04:30:54 AM |
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I think it's simple. That the coin was transferred to the CMC needs a certain amount of money. You can also create your own coin, pay money and set your token on SMS. In fact, everything is simple.
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sempak
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March 10, 2019, 04:37:10 AM |
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The ease of making tokens can make many people can make it and also do their own experiments, actually I do not care as long as they do not violate and also cause harm to the community or other people
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. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
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Gagal Mancung
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March 10, 2019, 05:02:54 AM |
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To be able to list in coinmarketcap requires criteria and volume of exchange, for example, daily volume above $ 10,000 The coin must also be clear how much the total supply and circulation. so not all coins made can enter the coinmarketcap
Volume is no longer the benchmark for list in coinmarketcap. the volume is only use as an additional. The minimum is traded on 2 exchanges (Exchange listed on CMC), and has cryptocurrency characteristics. That is the main requirement now.
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joseyphil82
Member
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Activity: 742
Merit: 16
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March 10, 2019, 05:53:21 AM |
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Don't be surprised ,all those coins and tokens aren't listed in a day ,they have been on the line list for long time till they meet cmc target for listing ,some are from 2018 and the few this year ,the most ones that get listed on cmc are very active projects that are already available on few exchanges
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irixo10
Full Member
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Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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March 10, 2019, 06:04:16 AM |
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To be able to list in coinmarketcap requires criteria and volume of exchange, for example, daily volume above $ 10,000 The coin must also be clear how much the total supply and circulation. so not all coins made can enter the coinmarketcap
Volume is no longer the benchmark for list in coinmarketcap. the volume is only use as an additional. The minimum is traded on 2 exchanges (Exchange listed on CMC), and has cryptocurrency characteristics. That is the main requirement now. Exactly, if they want to be listed in coinmarket, they need to be listed in two different exchanges. The current volume is no longer as important as it used to be in coinmarket
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Betwrong
Legendary
Offline
Activity: 3276
Merit: 2151
I stand with Ukraine.
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March 11, 2019, 10:05:54 AM |
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~ CMC needs a bigger volume from a lot of coins or tokens to be able to show the market cap movements and adding them will attract more users.
They don't add just any token or coin, but you are right in general, it looks like they are trying to list as much coins/tokens as possible. It's no wonder that have added the words in brackets to their Listings Criteria recently: For a cryptocurrency to be listed on the site, it must meet the following criteria:
- Must fit the definition of a cryptocurrency.
- Must be traded publicly, and actively traded on at least two (2) exchanges that are supported on CoinMarketCap (if the cryptocurrency is an exchange-based token only traded on its own exchange, we may add it given that off-platform withdrawals are possible).
Note that these are only necessary conditions and meeting them does not guarantee a listing. Please see tips below for increasing chances of your project being listed.
We've got over 2,000 coins/tokens listed on CMC already, and we are going to have much more of them in the future. And yet I think creating your own coin and adding it on CMC is not that easy and definitely not free. I guess it's $10,000 minimum, and it's much more than that in most cases.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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Kiweikoo
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March 11, 2019, 09:39:01 PM |
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Creating a token or starting your own copy cat coin is nowadays as easy as that a high school boy can do that. So, it's normal that thousands of coins are there but problem is everyone is shit.
if you have $100 you can have your own token and a whitepaper for your project, this is a very cheap for a start an additional $400 you can launch your own ICO you can hire people on the service section or on Fiverr to be part of your team and create your website, you do not need to spend more on bounty campaign you have your token to give away, that's how easy it is. Yes, it has turned much easy for anyone to launch their own token sale along with the Initial Coin Offering sale which is heavily crowding the ICO markets. Peoples are trying to create as much as possible scam projects which have no other intention rather that collecting the funds and running away. I think trusting only those ICO which are been running since years might be good for each investor as newly launched ICOs can’t be trusted.
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mickey_miner
Sr. Member
Offline
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
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March 11, 2019, 10:44:20 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? I do not know how it is done, but I can assume that this is a very profitable activity. Also I think that only people with connections and money can do it.
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billyhaleym
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March 11, 2019, 11:01:15 PM |
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This is so true and I have been wondering how possible? If all this coins will make use of their said agendas/whitepapers, then there will be a lot of financial realive in the county
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plr
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Merit: 24
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March 11, 2019, 11:21:56 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Getting into the coinmarketcap is not that easy now, these new coins that have been added have gone through a lot of processes, you should check the announcement sections and see how many coins are added daily and these coins will have little chances to succeed or even get into the coinmarketcap.
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makishart
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Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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March 11, 2019, 11:27:32 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? I do not know how it is done, but I can assume that this is a very profitable activity. Also I think that only people with connections and money can do it. It's not a profitable activity but it's a very bad thing, the total coins already increased a lot but remember CMC never try to delist the dead coins and that means if they are all still trying to keep these dead coins.
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Rimueng tuha
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March 11, 2019, 11:31:24 PM |
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Indeed, every day there are just new coins added to the market. Now it's easier to make new coins because we can make a ride on another blockchain coin. I only suggest to developers to make coins that are really useful. I hope that developers create coins that have good technology and can compete. If the coin that appears only duplicates the previous coin technology, then the coin should not be raised because it only makes the market full of something worthless.
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fulcare
Sr. Member
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Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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March 12, 2019, 01:55:01 AM |
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The market cap of 1000's of dollars can be easily created with just a few trades if they are shown on coinmarketcap.com.
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koincik
Sr. Member
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Activity: 868
Merit: 265
★Bitvest.io★ Play Plinko or Invest!
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March 12, 2019, 08:44:52 AM |
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The market cap of 1000's of dollars can be easily created with just a few trades if they are shown on coinmarketcap.com.
Yes, it is possible to skip a sequence in CMC with a few trading transactions. But now it's not easy to get into the CMC. The conditions are getting harder every day.
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Gagal Mancung
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Activity: 202
Merit: 48
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March 12, 2019, 12:13:37 PM |
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The market cap of 1000's of dollars can be easily created with just a few trades if they are shown on coinmarketcap.com.
Yes, it is possible to skip a sequence in CMC with a few trading transactions. But now it's not easy to get into the CMC. The conditions are getting harder every day. I think this is easier now, because volume is no longer the benchmark. As what I said before; The minimum is traded on 2 exchanges (Exchange listed on CMC), and has cryptocurrency characteristics.
Now, the volume is easy played by bots.
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GREENch
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March 12, 2019, 03:15:54 PM |
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So what's the problem? Since you are asking this question, then you have some obstacles. For me in the first place it would be a guilty conscience. I have no desire to profit from other people's failures.
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Thermytee
Jr. Member
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Activity: 159
Merit: 1
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March 12, 2019, 03:35:43 PM |
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Was going to start a thread on this issues of thousands of tokens out there with hundreds coming up weekly. So crazy with useless or no product, some will still want to do ICO leaving greedy Investors who can do due diligence to suffer at the end. Too bad
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AIGO Adoption Blockchain e-Commerce to World
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s4mp1nt0
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March 12, 2019, 03:46:30 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? It is not listed there without a reason. first of all you need to list on an exchange and have a volume of more than $10,000 within 24hrs to get listed there. Actually you also can create a coin out of nothing. you just need a team and an advisor and also a project that support your coin.
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anatolij.shishkin
Copper Member
Jr. Member
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Activity: 995
Merit: 1
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March 12, 2019, 05:35:41 PM |
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Yes create Sheetcoin collect money get millions of profits. Then they just close their projects)) Everything is easy and simple. Well, I think that cryptocurrency is not so easy to create.
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fulcare
Sr. Member
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Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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March 12, 2019, 11:05:40 PM |
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The market cap of 1000's of dollars can be easily created with just a few trades if they are shown on coinmarketcap.com.
Yes, it is possible to skip a sequence in CMC with a few trading transactions. But now it's not easy to get into the CMC. The conditions are getting harder every day. No they have been harder in the past I think when you needed a lot of trades to qualify for their website. Today you don't need that much anymore.
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Omela44
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Activity: 266
Merit: 0
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March 12, 2019, 11:15:18 PM |
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As long as somebody earns money with the new coins, it will continue to exist. Only if you absolutely can not earn any more money from it, the flood of new coins will certainly end.
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endogan
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Activity: 415
Merit: 10
Colletrix - Bridging the Physical and Virtual Worl
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March 12, 2019, 11:30:13 PM |
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As long as somebody earns money with the new coins, it will continue to exist. Only if you absolutely can not earn any more money from it, the flood of new coins will certainly end.
Even though the coin is new but can provide results and can be used correctly, of course the coin will be used by many people and will be used. if only a new coin is useless and has no value, it will become rubbish and useless. so we choose new coins and we find out whether they can be used correctly or not.
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Emilyp
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Activity: 546
Merit: 10
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March 12, 2019, 11:39:14 PM |
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It's becoming increasingly difficult to keep tab with the number of coins flooding the market every now and then. Many of these coins lack liquidity and no actual utility, you will find yourself at a huge loss if you invest in any of them.
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Perie200
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Activity: 406
Merit: 11
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March 13, 2019, 12:22:20 AM |
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It's becoming increasingly difficult to keep tab with the number of coins flooding the market every now and then. Many of these coins lack liquidity and no actual utility, you will find yourself at a huge loss if you invest in any of them.
Many of these coins, as the market capitalization increases and bitcoin grows, will increase their volumes and become liquid. It's a matter of time, my friend.
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starblocks
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March 14, 2019, 05:09:55 AM |
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There are lots of coins and tokens being created on a daily basis, but not all of them get listed on exchanges let alone on an index and some are created as more a hobby for geeks or enthusiasts whereas others are created for professional purposes such as startups who want to launch their own utility or security token or community driven projects that want to launch a new innovation so determine what types you find most interesting and avoid the ones that aren't useful
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niteroy
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Merit: 17
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March 14, 2019, 06:36:36 AM |
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At coinmarketcap many different coins are represented and not all of them have fair trading volumes. Those coins that are at the end of the list are either weak projects or generally useless projects that met the requirements of the coinmarketcap to place their coins, but they could artificially increase trading volumes, capitalization and other indicators.
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Distinctin
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March 14, 2019, 06:45:11 AM |
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There are lots of coins and tokens being created on a daily basis, but not all of them get listed on exchanges let alone on an index and some are created as more a hobby for geeks or enthusiasts whereas others are created for professional purposes such as startups who want to launch their own utility or security token or community driven projects that want to launch a new innovation so determine what types you find most interesting and avoid the ones that aren't useful
As crypto evolves, some companies tried to create also their own coin for utility purpose which is not really beneficial to us. Of course investors won't invest them if it won't be applicable to their area. Now it came into the point that, for the huge numbers of coins in the market I may think that only 50% were just serve for its purpose and the others are just nonsense.
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Metall303
Full Member
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Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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March 14, 2019, 06:48:26 AM |
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At coinmarketcap many different coins are represented and not all of them have fair trading volumes. Those coins that are at the end of the list are either weak projects or generally useless projects that met the requirements of the coinmarketcap to place their coins, but they could artificially increase trading volumes, capitalization and other indicators.
but it is almost impossible to find out the truth about the volume or value of a coin right now. Of course, if you study each coin deeply, then you can find the truth, but I think that it takes a lot of time. It is better to invest your money in Bitcoin and not think about other coins.
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OptimusPrime_3
Jr. Member
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Activity: 308
Merit: 1
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March 14, 2019, 07:00:24 AM |
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I don't know how many of those coins exists on daily basis. I ask myself same question and try to find out about some of them and do a research. Noticed some of them never had an ico or sto so probably I think they are self funded or something.
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☯ INJECTIVE PROTOCOL ☯ Bounty Running ☯ ☯ Fast, Secure, and Fully Decentralized Trading ☯
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TechComputer
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Activity: 560
Merit: 10
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March 14, 2019, 07:01:50 AM |
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That website is actually a listing, and to list your coin there are so many reviews and terms before you can easily list your coin to the coinmarketcap.
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MadeinCoin
Legendary
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Activity: 1386
Merit: 1003
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March 14, 2019, 07:32:04 AM |
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That website is actually a listing, and to list your coin there are so many reviews and terms before you can easily list your coin to the coinmarketcap.
It seems that you did not follow the overall discussion. The criteria for the list in cmc are only 2. the rest, like volume etc, it's just addition.
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heritage35
Member
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Activity: 462
Merit: 13
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March 14, 2019, 08:13:50 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Thinking of having or lunching a shit coin into the crypto space might not be the best option. I would urge you to work hard and try investing in good coins to make your profit. Although, new coins might be seen being added on CMC, yet not everyone of them survive. Focus on coins with values and with time, all the shit coins will fade away.
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Loedong
Jr. Member
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Activity: 378
Merit: 1
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March 14, 2019, 08:29:16 AM |
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this digital era many companies are starting to adopt blockchain technology and I think they also want to produce their own cryptoqurency for their benefit, but don't worry, usually new tokens that won't have price developments will disappear by themselves.
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futile-resistance
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March 14, 2019, 08:01:53 PM |
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Because we are now at such phase of the market growth and I am sure at least 50 percent of all these projects would not survive after one year. The true brilliants have already released their products and are now working on network spreading.
It's actually higher than 50 percent, my guess is it out 10 that launch their ICO only 2 will have moderate success some of them will pause their project, some of them will just stop their crowdfunding and those who manage to get some funds will run away leaving the project abandoned ICO is in a sorry state. ICOs in a sorry state and thanks to bad ICOs, I wonder why every cat and Dog has to enter the market with a bad project without doing their proper feasibility study on them. I think it is high time something needs to be done about this ICO in as much as they operate on a market that is not being controlled. In fact everyone forum used in promoting them should also scrutinize the project being promoted before doing do though I know some even go as far as paying for reviews that are not genuine.
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spike420211
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March 14, 2019, 08:06:41 PM |
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If you follow the life cycle of most of the coins, you can see one recurring trend, most of them do not even go to the exchange, and those that do not have any volumes.
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VukotLy
Jr. Member
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Activity: 112
Merit: 1
FUTURE OF SECURITY TOKENS
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March 14, 2019, 09:16:39 PM |
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Despite the appearance of new coins, not all of them will be successful in the cryptocurrency market, and many will disappear altogether. In order for the players of the market to invest in the coin, it must be tested by time and perseverance in the conditions of volatility.
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[ M O B U ] The Investment Bank of the Future The Security Token Protocol and Licensed Security Token Exchange https://mobu.io/
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fosco333
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March 15, 2019, 04:18:13 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? I think the listed coin in coinmarketcap.com is not a new coin, thats why they already have marketcap. A coin that just have been created won't have value, they need to create the project to gain value from others. And if peoples trust the coin, they will buy the coin to support the project.
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modmalaney
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March 15, 2019, 04:28:19 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? I think the listed coin in coinmarketcap.com is not a new coin, thats why they already have marketcap. A coin that just have been created won't have value, they need to create the project to gain value from others. And if peoples trust the coin, they will buy the coin to support the project. Yes, I agree with you that it is not a new coin but has been going on for a long time. And with the hard work of the team to continue to develop coins, so this coin can be entered in Coinmarketcap. I think this is good and now after they can enter Coinmarketcap, and this coin will compete with other coins.
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ariyzt
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March 15, 2019, 04:43:35 AM |
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actually that not new coin that new coin in coinmarketcaps is old coin on market exchange not easy to list on coinmarketcaps you need to pass some requirement to list there
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Betwrong
Legendary
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I stand with Ukraine.
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March 16, 2019, 10:53:05 AM |
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Who say coinmarketcap add new coin daily?? If you say new coins created daily that's right because so simple to make token, but for listing in coinmarketcap, there are so many requirment must to complete. Still many project since 2017 not list in coinmarketcap until now. I think easy just dont buy it if you dont agree with project
Although it is true that not just any coin can be added on CoinMarketCap, the OP is probably right regarding "new coins added everyday". There are 2,112 coins/tokens listed currently on CMC. Divide that amount by 365: 2,112 : 365 = 5.786 and we can see that a new coin could be added each day for a period of almost six years. But I agree with you that in fact more coins are created each day, and only a part of them are listed on CMC. What strikes me is that some scam projects manage to sell their tokens to their beguiled customers even without being listed on CoinMarketCap. That's not to say that presence of a coin/token on CMC is enough for a project to be trusted.
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Correlll
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March 16, 2019, 11:27:54 AM |
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Crypto currencies are representing a big raising trend in the whole world at the moment, thats why there are so much projects that want to get their own piece of pie. Within some time, a lot of project will be eliminated from this market.
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Jack_Sin
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March 16, 2019, 12:04:14 PM |
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I agree if the assessment is about ICO because it is so easy for them to get money even the concept is almost exactly the same as the previous ICO, but to be listed on CMC there are requirements that must be fulfilled and not all new ICOs have successfully registered with CMC
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bitcon
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March 17, 2019, 03:38:39 PM |
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It's becoming increasingly difficult to keep tab with the number of coins flooding the market every now and then. Many of these coins lack liquidity and no actual utility, you will find yourself at a huge loss if you invest in any of them.
It is too risky to invest in the unknown tokens. Many of them are created to be pumped and dumped. Thousands of investors lose money when buying them. I trust only first 100 altcoins and work with them.
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bitstalker
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March 17, 2019, 03:50:21 PM |
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ended when scammers who tried to deceive the masses stopped and also the cryptocurrency was completely extinct, but the main cause in my opinion was because it was related to fraudulent activities
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fulcare
Sr. Member
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The Standard Protocol - Solving Inflation
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March 17, 2019, 04:09:45 PM |
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I agree if the assessment is about ICO because it is so easy for them to get money even the concept is almost exactly the same as the previous ICO, but to be listed on CMC there are requirements that must be fulfilled and not all new ICOs have successfully registered with CMC
Since you can copy paste the source code of every cryptocurrency everybody can create coins.
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desticy
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www.cd3d.app
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March 17, 2019, 04:16:38 PM |
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There are whole services providing services from creating your own coins to putting them on the market. Obviously, these are just schemes after which the coin will be worthless trash on investors' wallets.
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beehimneff
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March 17, 2019, 04:22:31 PM |
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The answer to this question is already in the question-because you are a normal and honest person. Honest and decent people will not make money fraudulently, creating useless shit coins. But the amount of shit coins surprises and amazes.
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IndianaJons
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Proof-of-Stake Blockchain Network
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March 17, 2019, 04:23:07 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? An ordinary person stops having an idea. If you have a good idea, then you can build a team for its implementation quite easily. And if the idea is really worthwhile, then the collection of investments is not difficult. So look for good ideas and create your own projects.
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Chainsmokers
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March 17, 2019, 04:23:39 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Indeed, if we see so many new coin coins that appear in the cmc list. But, to enter the cmc list of coin coins must reach certain criteria and at least need a certain level trading activity. I think the emergence of new coin coins for investors is also an opportunity to benefit if we have several new coins with high potential, or at least we can get a big profit from what we have spent.
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Btchunter3333
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March 17, 2019, 04:26:33 PM |
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Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).
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fulcare
Sr. Member
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Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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March 19, 2019, 10:50:37 AM |
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Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).
But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day.
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hamzeto
Jr. Member
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Activity: 136
Merit: 1
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March 19, 2019, 11:24:47 AM |
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This is a very interesting topic u brought up here, first of all; it's not that easy to make one own coins, not to even talk of getting listed in coinmarketcap. Getting listed there have certain criteria that has to be met before hand. Also the value of most of these coins also either depends on their demand and supply or sometimes their usecase. But you are absolutely right, we have a lot of useless coins in existence and most of them are just it in just for the money, not even caring at all for their investors at all, giving the cryptocurrency arena a bad face. But let's all tread and trade with care.
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cahbagus555
Member
Offline
Activity: 756
Merit: 12
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March 19, 2019, 11:52:09 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? its happen because there is no regulation in crypto market right now. Any people can make their own coin right now and can launch ICOs whether having a real project or not. Thats why many scam ICOs in 2018 and i think government regulation needed to avoid scam ICOs happen again
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Xclusive5
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March 19, 2019, 12:00:38 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? The thing is everybody just want to make quick money and run away. All these tokens that are being added to coinmarketcap on a daily basis doesn't worth investing in them. The only thing that can stop all this shit in crypto world is regulation of ICOs.
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babicena14
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March 19, 2019, 12:05:56 PM |
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In my opinion, it is not so easy to find and convince a person to buy your coin. Yes, it is true that new coins appear every day, but you need to understand that to get to coinmarketcap, the coin must meet certain requirements. Therefore, I believe that everything just looks from the outside, but in fact it requires a lot of effort.
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imsotiredofmoviereboots
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March 19, 2019, 12:33:14 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? I think if you aren't a newbie in this space then you would know that it isn't really hard to make your own altcoin or specifically a shitcoin where they just hired devs to make their erc20 tokens. The money raised can be sometimes manipulated by their own and also to the part of the coin where it shows on cmc that it has a good volume to attract new and real buyers.
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marjil
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Merit: 13
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March 19, 2019, 12:58:35 PM |
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You got it all wrong ,for a coin to get listed on cmc it has to reach cmc target ,those coins and tokens you seeing getting listed everyday ate not new coins ,they have been in line until target for cmc is met
The way the new cryptos get added on the coinmarkets is they first do the ICo then when they get the soft cap they can get listed on the exchange. This is why you see them happening every day.
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fulcare
Sr. Member
Offline
Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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March 20, 2019, 11:26:59 AM |
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You got it all wrong ,for a coin to get listed on cmc it has to reach cmc target ,those coins and tokens you seeing getting listed everyday ate not new coins ,they have been in line until target for cmc is met
The way the new cryptos get added on the coinmarkets is they first do the ICo then when they get the soft cap they can get listed on the exchange. This is why you see them happening every day. Coinmarketcap also has an incentive to list more coins because for them it means to have more traffic from people who follow these coins.
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m0Ray
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March 20, 2019, 12:01:18 PM |
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I do not see anything wrong with the fact that there are new coins. On the contrary, it is a very good popularization of cryptocurrency. And why would you think that if the project is unknown then the product of this project is also bad? This is the wrong opinion. Maybe the team of some of these unknown projects will be able to transform the crypto industry and we will see the new features of the blockchain.
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zgrdyg
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March 20, 2019, 12:31:14 PM |
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It is very easy to make coin and ask people to give you money.
You can do it like in 5 minutes. It is also very cheap nowadays.
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LogitechMouse
Legendary
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Activity: 2436
Merit: 1036
Chancellor on brink of second bailout for banks
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March 20, 2019, 12:37:28 PM |
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Its easy to create new coins right now. There are some websites that offers the user to create their own ERC-20 coins. You just need to input the requirements and you are good to go. You can create your own ERC-20 token in minutes only.
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dedi joni
Member
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Activity: 386
Merit: 10
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March 20, 2019, 12:42:21 PM |
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Its easy to create new coins right now. There are some websites that offers the user to create their own ERC-20 coins. You just need to input the requirements and you are good to go. You can create your own ERC-20 token in minutes only.
These coins will not have any value. because they were created just for fun. Unfortunately the ease with which there is used by some scammers to take money from investors. This is very annoying.
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drumamat
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March 20, 2019, 01:01:33 PM |
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Everyone seems that the market is a lot of coins, but I think that there is nothing wrong.This situation creates healthy competition.And this is a very good sign.
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jhonjhon
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March 20, 2019, 01:13:49 PM |
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Its easy to create new coins right now. There are some websites that offers the user to create their own ERC-20 coins. You just need to input the requirements and you are good to go. You can create your own ERC-20 token in minutes only.
Wow, I'm just amaze with that but my question is, does it have a market value? Or there is nothing to see? This might be the reason why we are flooded with a lot of nonsense coins. It maybe we should stop this kind of doing, instead we should be looking for a ways that could help the entire community and create coins that have a contribution into crypto space.
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ongkok87
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March 20, 2019, 01:38:09 PM |
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to buy new coins is very risky because a lot of new coins have become junk and deceptive too. so you have to be careful and careful to choose new coins that are increasingly appearing on the market
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Gontxi
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March 20, 2019, 02:00:42 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? that's why you have to choose with knowledge and experience if you want to make dollars from investments, remember not all projects will be successful and most will only be the next shitcoin. we all need regulations to be a legal umbrella so investors are protected from scams and things like that that only enrich developers.
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Fredomago
Legendary
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Activity: 2968
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
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March 20, 2019, 02:14:45 PM |
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Everyone seems that the market is a lot of coins, but I think that there is nothing wrong.This situation creates healthy competition.And this is a very good sign.
The problem is, since its a open competitions scammers also taking advantages, with that easy to build coins mostly attracts people who didn't understand the market, investing money with developers who's not care about the future of their project, they just created it to make money and nothing else, people needs to be more selective supporting and investing anything.
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moynul2050
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March 20, 2019, 02:26:48 PM |
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do not be confused with the arrival of new coins in CMC every day, because in the end I am sure that the truly strong coins will continue to survive. some new coins that don't have good prospects will die automatically.
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bitcoinst
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March 20, 2019, 02:32:37 PM |
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do not be confused with the arrival of new coins in CMC every day, because in the end I am sure that the truly strong coins will continue to survive. some new coins that don't have good prospects will die automatically.
Just look at the statistics of the movement of the kind coins on the career ladder in the top, it becomes immediately clear why most of these projects were issued. Unfortunately, really good projects are sometimes lost in all this.
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xenomorphe1
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March 20, 2019, 02:36:53 PM |
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Its easy to create new coins right now. There are some websites that offers the user to create their own ERC-20 coins. You just need to input the requirements and you are good to go. You can create your own ERC-20 token in minutes only.
Wow, I'm just amaze with that but my question is, does it have a market value? Or there is nothing to see? This might be the reason why we are flooded with a lot of nonsense coins. It maybe we should stop this kind of doing, instead we should be looking for a ways that could help the entire community and create coins that have a contribution into crypto space. The value of a coin only depends on the buyers and sellers. Current coins and tokens are mostly used to try to get more money. The difficulty for the developers is to make it available to most people. Do you really think that the devs and ICO teams already have millions and would give their money so easily?
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Ifemini
Member
Offline
Activity: 690
Merit: 12
There are consequences for every action
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March 20, 2019, 03:03:29 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Lol there are so many tokens because it is very easy to create tokens Be it etherum or waves or neo or eos It’s not that hard to create tokens, just get an expert and it’s done Avoid such useless coins and always dyor
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Aflozy
Jr. Member
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Activity: 124
Merit: 1
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March 21, 2019, 09:35:29 AM Last edit: March 21, 2019, 01:10:51 PM by Aflozy |
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I think coinmarketcap should should have a good and quality perquisites for adding new coins. The addition of coins daily is degrading as most coins are not of any value or importance to the crypto community but a means of making money by their creators.
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fulcare
Sr. Member
Offline
Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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March 21, 2019, 10:12:49 AM |
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I do not see anything wrong with the fact that there are new coins. On the contrary, it is a very good popularization of cryptocurrency. And why would you think that if the project is unknown then the product of this project is also bad? This is the wrong opinion. Maybe the team of some of these unknown projects will be able to transform the crypto industry and we will see the new features of the blockchain.
Nobody said that unknown projects are bad. We need to deal with the fact that it is no problem for anybody to launch a new coin. There are even websites with tools now where you can get started with your own coin.
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sjbi
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Activity: 770
Merit: 14
www.thegeomadao.com
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March 21, 2019, 10:31:14 AM |
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In fact many want to involve in activities that are benefiting. People are engaging in cryptocurrency, be it issuing new coins or investment, just because they want to get much more benefits. The fact is who long such coins sustain. According to reports, about 50 percent of coins have disappeared and many more will follow suit for their uselessness. So do not worry. At the end, the market will have only the coins required.
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Pecunia non olet
Full Member
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Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
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March 21, 2019, 10:49:19 AM |
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There are thousands of them and that is amazing that you can choose from huge cryptocurrencies only few. And same will do others and after some time, there will be only few cryptocurrencies, but the strongest one who survived this fight and that is so good because it brings a trust to these cryptocurrencies! We (as a community) have a power which altcoins will survive!
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Ostonian
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March 21, 2019, 11:01:18 AM |
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Coins that are added to www.coinmarketcap.com are not so useless. To get to the site, the coin must have a certain volume of trades, community and other indicators.
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prtty2gal2
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March 21, 2019, 05:06:01 PM |
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Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).
But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day. But Bitcoin is more than enough to fit in to diverse interest or taste you talked about and I for one don’t really see any need to create more coins because most of these new coins end up affecting the market and defeating the objective of the blockchain technology. You will see an ICO come up with a project and after getting the attention of people that ought to have invested in already existing stable coins to invest in them, they end up collapsing and as a result of that poison the mind of people that would have embraced the currency and use if more often for it to get the value it aim to get.
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Whosdaddy
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March 21, 2019, 06:53:03 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Lol, that’s why a lot of them keeps on dying off everyday too . They have no other purpose apart from the purpose of making money. That’s why I hate investing in New coins, they are mainly worthless and owned by scammers. They create it today and try to get investors to invest their money on it, the next thing you know the coin is out of the market and the devs has abandoned everything and the price has dropped and investors who are lucky enough will jump out from it, those who are not will just get stuck in it.
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fulcare
Sr. Member
Offline
Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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March 21, 2019, 10:34:40 PM |
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Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).
But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day. But Bitcoin is more than enough to fit in to diverse interest or taste you talked about and I for one don’t really see any need to create more coins because most of these new coins end up affecting the market and defeating the objective of the blockchain technology. You will see an ICO come up with a project and after getting the attention of people that ought to have invested in already existing stable coins to invest in them, they end up collapsing and as a result of that poison the mind of people that would have embraced the currency and use if more often for it to get the value it aim to get. More coins with the same technology is not needed, but more coins with a diverse set of technologies for different purposes means progress and choice. Also it means that those dominating a network for example with mining power have to be afraid that users switch to another coin if they abuse their mining power. Having some competition is important.
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Buzhou
Member
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Activity: 199
Merit: 10
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March 21, 2019, 11:28:41 PM |
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Understandably your irritation with these coin launches almost every day! But remember that we are in a free market and each person have their needs and expectations with each coin. There is no point in thinking about an end to the launch of more projects because if this happens it'll mean the end of cryptocurrencies. From the moment they launched new projects after the BTC, the subsequent amount does not matter. Bitcoin is a category and all that is not Bitcoin is Altcoin. In recent years they have managed to develop a smaller category within the Altcoins which are the Shitcoins. Look for the economic side and possibilities of deals, in the end this situation is not so bad.
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shoreno
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March 21, 2019, 11:35:20 PM |
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Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).
But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day. But Bitcoin is more than enough to fit in to diverse interest or taste you talked about and I for one don’t really see any need to create more coins because most of these new coins end up affecting the market and defeating the objective of the blockchain technology. You will see an ICO come up with a project and after getting the attention of people that ought to have invested in already existing stable coins to invest in them, they end up collapsing and as a result of that poison the mind of people that would have embraced the currency and use if more often for it to get the value it aim to get. More coins with the same technology is not needed, but more coins with a diverse set of technologies for different purposes means progress and choice. Also it means that those dominating a network for example with mining power have to be afraid that users switch to another coin if they abuse their mining power. Having some competition is important. Exactly . we dont need copy cats , we just need unique coins with different approach but unfortunately this isnt easy to do thinking that the crypto market is alreadt bloated with good coins . currently we already have thousands of coins and when someone make a coin , it will be tough for them to stand out in the competition . better if the devs will only foccus ln improving the coin instead of creating another coin that doesnt have any purpose .
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yakushev
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March 21, 2019, 11:52:30 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? This will stop only when investors stop buying such coins and focus exclusively on quality projects that have already shown their value, but so far, alas, everyone is looking for a second bitcoin
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mamesso
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March 22, 2019, 12:21:02 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? This will stop only when investors stop buying such coins and focus exclusively on quality projects that have already shown their value, but so far, alas, everyone is looking for a second bitcoin this is proof that everyone is starting to be interested in adopting blockchain technology by participating in ico sales. they believe this platform will work in the future and they will not focus on the price of tokens / coins. they are not looking for a second bitcoin but they believe the platform will work and be useful in the future.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Betwrong
Legendary
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Activity: 3276
Merit: 2151
I stand with Ukraine.
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March 23, 2019, 10:05:13 AM |
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It is very easy to make coin and ask people to give you money.
You can do it like in 5 minutes. It is also very cheap nowadays.
The hardest part is convincing people to buy your coin or to invest in it while it's still not out. Also a coin/token must meet some criteria to be listed on CoinMarketCap, that part is not that easy as well. In my estimation, the very least amount needed for making your project known to some people in the business is $10k. And this only for them to notice your project which they renounce most likely and forget about it in an hour. Convincing people to invest in your project takes much more than $10k spent on ads, airdrops etc. So, please stop saying it's easy and cheap, because it's neither former nor the latter.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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pishite
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March 23, 2019, 10:16:31 AM |
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There are many industries where blockchain really needs to be applied, many coins are good for functionality(smart contracts, small commission). Deception is enough but every day its less.
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Quantum907
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Activity: 644
Merit: 10
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March 23, 2019, 10:43:35 AM |
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I think they made coins or tokens when the market rising or in 2017 ago, unfortunately when the project was finished and they marketed market drop coins, this is what makes the market red until now.
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Thank you
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Betwrong
Legendary
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Activity: 3276
Merit: 2151
I stand with Ukraine.
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March 24, 2019, 01:13:04 PM |
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I think they made coins or tokens when the market rising or in 2017 ago, unfortunately when the project was finished and they marketed market drop coins, this is what makes the market red until now.
Whether the market is red or green, new coins are added daily, as OP has pointed out. Some of them are going to be successful projects, but those are rare. The vast majority of the newly added coins/tokens are going to be dumped to the point they have no value at all. That's why people have to be careful while investing in new altcoins, and they should avoid that activity completely if they are new to the business. Promises of high returns are nothing but red flags, and such projects must be ignored.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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bitcoinst
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March 24, 2019, 01:18:50 PM |
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It is not necessary to conduct a successful fundraising to bring your coin to the market, many projects speculate that they invest their own funds in their own project, which leads to an increase in the volume and allows you to pass listing on the cmc.
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semobo
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March 24, 2019, 01:23:31 PM |
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There are many industries where blockchain really needs to be applied, many coins are good for functionality(smart contracts, small commission). Deception is enough but every day its less.
All the projects were created for the real life purpose or just to be another bump and dump coin? For me it feels like all the tokens were just to create some profits in short term.
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Cellerex
Jr. Member
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Activity: 434
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Coinsbit.io
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March 24, 2019, 01:27:42 PM |
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Unfortunately, for the majority of projects that appear on the market in dozens, there is neither an idea nor a technology ... Just another fork of forks taken from the GitHub. The industry needs something new and unique. Everyone is waiting for the coming of a new mega project. And I think that this will soon appear. In the meantime, of all the newbies, I was interested only in the Sound Money Coin project. The guys have their own idea, their own concept and I am pleased that such projects appear.
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Coinsbit.io is a new trading platform that provides businesses and individual traders with Low commissions, MultiSupport, Strong Security and Open API
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IndianaJons
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Activity: 336
Merit: 10
Proof-of-Stake Blockchain Network
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March 24, 2019, 06:35:07 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Now it is very easy to make a new token, just enough knowledge in programming to release your own token with the help of smart contracts of Ethereum. It is much more difficult to attract investors to your project. For this, you need a good idea.
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Cosbycoin
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April 01, 2019, 06:45:23 PM |
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You got it all wrong ,for a coin to get listed on cmc it has to reach cmc target ,those coins and tokens you seeing getting listed everyday ate not new coins ,they have been in line until target for cmc is met
The way the new cryptos get added on the coinmarkets is they first do the ICo then when they get the soft cap they can get listed on the exchange. This is why you see them happening every day. Coinmarketcap also has an incentive to list more coins because for them it means to have more traffic from people who follow these coins. Do not worry about how do they do it. Many of them are just scams and majority are low valued coins that have little potential which obviously will take more time to give little returns. This is the reason that the bear market wiped out all the zero potential coins out of the market. Yes about the rush of users on the coinmarketcap, you are right. They would encourage a lot and of ICOs and Coins to jump in for they have the incentive to make money.
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fulcare
Sr. Member
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Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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June 22, 2019, 11:57:46 PM |
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Will be good if this new coins will bring something revolutionary, but as i see none of this or all of coins i see until now that get on cmc this year don't bring nothing new like other coins do in past (0 fee when send, instant confirmation, create token on coin blockchain).
But they demonstrate an important fact and that is that it is not trivial to build communities that are distributed worldwide and willing to use one currency. Many different people have many different interests and many different tastes. Nobody knows with how many cryptos we will end up one day. But Bitcoin is more than enough to fit in to diverse interest or taste you talked about and I for one don’t really see any need to create more coins because most of these new coins end up affecting the market and defeating the objective of the blockchain technology. You will see an ICO come up with a project and after getting the attention of people that ought to have invested in already existing stable coins to invest in them, they end up collapsing and as a result of that poison the mind of people that would have embraced the currency and use if more often for it to get the value it aim to get. More coins with the same technology is not needed, but more coins with a diverse set of technologies for different purposes means progress and choice. Also it means that those dominating a network for example with mining power have to be afraid that users switch to another coin if they abuse their mining power. Having some competition is important. Exactly . we dont need copy cats , we just need unique coins with different approach but unfortunately this isnt easy to do thinking that the crypto market is alreadt bloated with good coins . currently we already have thousands of coins and when someone make a coin , it will be tough for them to stand out in the competition . better if the devs will only foccus ln improving the coin instead of creating another coin that doesnt have any purpose . I think we don't need different coins, we need strong collaboration between teams. That's what helps the industry.
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Callanta787
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June 23, 2019, 02:34:24 AM |
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You got it all wrong ,coins or tokens that got listed on coinmarketcap are all on queue to be listed on cmc ,its not always easy for new coins to get listed on cmc ,they have to meet some target ,have better volume and trading on exchanges before cmc can list them
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chocopapaya
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June 23, 2019, 04:03:02 AM |
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Well, the simple answer is they aren't doing it. You should look up the details of how cmc works, you will realize that the numbers you see aren't very accurate at all. In fact, it is all pretty much unreliable, especially the market caps.
Besides, those marketcaps don't represent how much money they made, not at all. It's not like people are just making money out of thin air.
But you know, crypto is based off of blockchain, which is open source and distributed around the world. Which means that anyone can join in to use it or even create one. So you can definitely go make your own coin or token whenever you want. Hell, all you need is 1 wave to make one on waves platform if you wanted lol.
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criket
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June 23, 2019, 04:06:48 AM |
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You got it all wrong ,coins or tokens that got listed on coinmarketcap are all on queue to be listed on cmc ,its not always easy for new coins to get listed on cmc ,they have to meet some target ,have better volume and trading on exchanges before cmc can list them
not all of them enter there, some even on coingecko and not registered in cmc. too many new coins, and most with the same concept. few of them come with unique concepts. mostly gambling, games, exchanges, and smart contracts.
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DGulari
Legendary
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Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
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June 23, 2019, 04:08:03 AM |
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You got it all wrong ,coins or tokens that got listed on coinmarketcap are all on queue to be listed on cmc ,its not always easy for new coins to get listed on cmc ,they have to meet some target ,have better volume and trading on exchanges before cmc can list them
What you said is true, i ever heard from someone if a token needed to be listed in min 2 exchange sites which listed on CMC and at least has $10k daily volume to be able listed on CMC, but there should be other requirement from CMC to listing a token on their site.
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Pffrt
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June 23, 2019, 04:11:05 AM |
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They are doing it because we people are so stupid that we invest in anything we find, no matter about the project. Some platform like ERC has made it easy to create a coin, anyone can do that.
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waynechong1995
Full Member
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Activity: 644
Merit: 117
swing!
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June 23, 2019, 06:03:44 AM |
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You can't stop people from trying to chip in the market, its too rewarding, among billions of people knowing crypto certainly a number would like to startup, and attempting for entry. It was easy to complied with CMC methodology though. Still I would say CMC should just categorize these new projects on another sections to allow viewers to differentiate the timeline between projects along with their recent data.
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tortellino
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June 23, 2019, 06:26:30 AM |
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right, a lot of scam projects outside, difficult to have a clear view on real promising and unique projects! U have to dig deep to find the right ones. Maybe u wanna look for one beside the "mainstream", with no premince and a 100% community governance, cold staking rewards. Mainnet is live since 4th of june. There are a lot of infos out there for DeVault, e.g. at https://twitter.com/DeVaultCrypto. It´s flying deep under the radar at the moment and in very early stage, but a look at it is worth the time. Traded a small exchange at the moment near its low, so a starting position is cheap: https://www.southxchange.com/Market/Book/DVT/BTCVery informative homepage is live where the key information about the project are shown: https://devault.cc/index.html
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alian17
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June 23, 2019, 06:29:36 AM |
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Nowadays new coins or tokens can be easily made. The cost is very low. If a coin or tokens succeeds, a very substantial profit can be made. The CMC lists coins or tokens that have already been traded. I believe that there are many coins or tokens made every day. Everyone wants to make money by issuing tokens or coins. However, most of them will disappear with the development of the market. Ultimately, those that are valuable and invest heavily will remain.
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imstillthebest
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June 23, 2019, 06:38:12 AM |
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They are doing it because we people are so stupid that we invest in anything we find, no matter about the project. Some platform like ERC has made it easy to create a coin, anyone can do that.
They are doing it because we people are so stupid that we invest in anything we find we stupid ? no not all . not all are stupid to invest or buy anything that they see no matter how legit it is because not all have a cash and some of us do only have a favorite and we only stick to it . Some platform like ERC has made it easy to create a coin, anyone can do that.
erc ? i didnt know that erc was a platform because what i know is erc is only a root name for erc20 coins/tokens . what i know is that waves and etherium are the ones that used to create a new coin . new coins daily is not impossible . they either pay for it or make it by themself for some purposes ( ex. for profit , for collection , etc .. )
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aioc
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June 23, 2019, 07:02:51 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? That's because it is easy now to create a token using ethereum smart contract or waves or any other token creation platform, if you have at least $5000 you can set up your own ICO and you can make a profit, over and over and again, and somethese projects are duplicate of existing coins or failed project.
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tortellino
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June 23, 2019, 07:10:58 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? That's because it is easy now to create a token using ethereum smart contract or waves or any other token creation platform, if you have at least $5000 you can set up your own ICO and you can make a profit, over and over and again, and somethese projects are duplicate of existing coins or failed project. yeah, but the market isn´t that dumb...a project which is just vapoware will get catched very soon today when more funds and institutional investors get aware of crypto projects!
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Remainder
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June 23, 2019, 07:16:44 AM |
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Nowadays new coins or tokens can be easily made. The cost is very low. If a coin or tokens succeeds, a very substantial profit can be made. The CMC lists coins or tokens that have already been traded. I believe that there are many coins or tokens made every day. Everyone wants to make money by issuing tokens or coins. However, most of them will disappear with the development of the market. Ultimately, those that are valuable and invest heavily will remain.
I suggest we focus on old coin while the market has not fully recovered, there are still a lot of cheap old coins which has a potential, at least this coins are already in exchanges (big or small. New one will not gain attention in the market, unless they are hype like coins in Binance IEO.
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tortellino
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June 23, 2019, 07:27:53 AM |
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Nowadays new coins or tokens can be easily made. The cost is very low. If a coin or tokens succeeds, a very substantial profit can be made. The CMC lists coins or tokens that have already been traded. I believe that there are many coins or tokens made every day. Everyone wants to make money by issuing tokens or coins. However, most of them will disappear with the development of the market. Ultimately, those that are valuable and invest heavily will remain.
I suggest we focus on old coin while the market has not fully recovered, there are still a lot of cheap old coins which has a potential, at least this coins are already in exchanges (big or small. New one will not gain attention in the market, unless they are hype like coins in Binance IEO. sry, but an old coin which is on exchanges is not a guarantee for e recovery....also the fact that new coins didn´t gain attraction of market....just look at ALGO, which isn´t a Binance IEO
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Galley
Member
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June 23, 2019, 08:06:21 AM |
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If everything was so easy to do, then Coinmarketcap has long been turned into something like a dump. To get there you need to fulfill the necessary conditions. A fraudulent project is also not so easy to create. Hopefully, once there will be only successful and reliable projects.
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Slash61
Member
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Activity: 633
Merit: 14
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June 23, 2019, 08:11:21 AM |
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sry, but an old coin which is on exchanges is not a guarantee for e recovery....also the fact that new coins didn´t gain attraction of market....just look at ALGO, which isn´t a Binance IEO
I think a new coin that has an appeal or not or an old coin that still exists in the market and trade is a form of the seriousness of the project development. A good developer is clearly behind a quality project. don't see that project from launchpad binance or from their own ICO.
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Ucy
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June 23, 2019, 02:43:19 PM |
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It is not just crypto thing. You can equally make money from non-crypto space with bad/Substandard products and convincing people they are the real thing. We currently don't have a safe way to root out scams... more like a decentralized quality control system. The crypto communities also have to work together to make a safe solution to this problem a reality.
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mbluxs
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June 23, 2019, 02:50:54 PM |
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It is not just crypto thing. You can equally make money from non-crypto space with bad/Substandard products and convincing people they are the real thing. We currently don't have a safe way to root out scams... more like a decentralized quality control system. The crypto communities also have to work together to make a safe solution to this problem a reality.
nowadays there is no solution to fraud. but I believe that sooner or later. the fraud will soon be destroyed. but also fraud cannot be immediately destroyed. because all need a process and strong cooperation. to overcome fraud.
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fulcare
Sr. Member
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Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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June 23, 2019, 03:40:36 PM |
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It is not just crypto thing. You can equally make money from non-crypto space with bad/Substandard products and convincing people they are the real thing. We currently don't have a safe way to root out scams... more like a decentralized quality control system. The crypto communities also have to work together to make a safe solution to this problem a reality.
nowadays there is no solution to fraud. but I believe that sooner or later. the fraud will soon be destroyed. but also fraud cannot be immediately destroyed. because all need a process and strong cooperation. to overcome fraud. Fraud will never be destroyed because once you eliminated one form of fraud, another one will arise.
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delarossa
Member
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Merit: 12
MINTER
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June 23, 2019, 04:23:13 PM |
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Each new coin maybe will added everyday or every month but most of the coins are not valuable and you cannot trade after get pay from bounty. But many of exchanger will be delete the useless coins for replace with a new coins better than before.
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fulcare
Sr. Member
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Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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June 28, 2019, 07:22:52 PM |
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Each new coin maybe will added everyday or every month but most of the coins are not valuable and you cannot trade after get pay from bounty. But many of exchanger will be delete the useless coins for replace with a new coins better than before.
That sounds like a special policy by a social coin but usually you can trade the coin if reputable exchanges listed it.
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sarrpora
Newbie
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June 28, 2019, 09:07:42 PM |
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Good evening there everyone. How are you doing today? What are your thoughts on mining? Was now talking to a friend and industry appeared to be controversial. So curious to discuss with you
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buzcarn
Newbie
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Activity: 98
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June 28, 2019, 09:08:21 PM |
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Good evening there everyone. How are you doing today? What are your thoughts on mining? Was now talking to a friend and industry appeared to be controversial. So curious to discuss with you
Hey there. Interesting question. From my point of view, everything sharply depends on the concrete solution. And this is what makes mining profitable
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sarrpora
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June 28, 2019, 09:08:35 PM |
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Hey there. Interesting question. From my point of view, everything sharply depends on the concrete solution. And this is what makes mining profitable
This is what we have also come up to. But do you have any advanced solutions in mind? Wanted to examine more and evaluate
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buzcarn
Newbie
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June 28, 2019, 09:09:27 PM |
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This is what we have also come up to. But do you have any advanced solutions in mind? Wanted to examine more and evaluate
Much depends on the market and on the miner, of course. I use antiminer S17 and more than impressed so far. Got it from Asicequipment
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sarrpora
Newbie
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June 28, 2019, 09:09:52 PM |
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Much depends on the market and on the miner, of course. I use antiminer S17 and more than impressed so far. Got it from Asicequipment
Well, I really love the results miner shows and I recommend you to have a look on your own right on Asicequipment website.
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buzcarn
Newbie
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June 28, 2019, 09:10:12 PM |
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Well, I really love the results miner shows and I recommend you to have a look on your own right on Asicequipment website.
Can you share the link, please? Cause I am from Germany and I wonder whether they deliver in here
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sarrpora
Newbie
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June 28, 2019, 09:12:13 PM |
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Can you share the link, please? Cause I am from Germany and I wonder whether they deliver in here
Yep, they do, I have a few friends who ordered to Europe - delivery is pretty fast, 5-7 days. So absolutely no problem. The only problem is to choose the msot approprate miner, cause all are awesome haha
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buzcarn
Newbie
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Activity: 98
Merit: 0
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June 28, 2019, 09:12:27 PM |
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Yep, they do, I have a few friends who ordered to Europe - delivery is pretty fast, 5-7 days. So absolutely no problem. The only problem is to choose the msot approprate miner, cause all are awesome haha
I see Can you provide me with a link to the website so I can choose?
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sarrpora
Newbie
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Activity: 84
Merit: 0
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June 28, 2019, 09:13:40 PM |
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I see Can you provide me with a link to the website so I can choose? Of course - it is just Asicequipment. com
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cytpoway121
Member
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Activity: 1540
Merit: 68
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June 28, 2019, 09:14:18 PM |
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They do it very easily, it’s easy to create an erc20 tokens, wave token or nem or stellar, I find only Neo blockchain harder
Similarly, creating a range of idea is easy Just be careful what you trade
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whirlcoin
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June 28, 2019, 10:14:13 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Everytime the Crypto market is completely filled with the new project under new coins because everyone trying to put their currency to be plays an important role in the cricketer field but some of them were in the best position so that we can definitely try new things in this situation also.
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BitBustah
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June 28, 2019, 10:23:16 PM |
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Everyone is free to start their own coin just as everyone is free to start their own company. Anyone seriously considering doing this should know that without a large marketing budget and big community of users you are unlikely to get very far.
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Distinctin
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June 28, 2019, 10:29:04 PM |
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Everyone is free to start their own coin just as everyone is free to start their own company. Anyone seriously considering doing this should know that without a large marketing budget and big community of users you are unlikely to get very far.
But, what the sense of making those coins if soon to become shit coins only and nothing it can contribute to the market life. It for sure, they are just having funs of doing this or just a way to scam people. It can't be stopped cause we aren't in control with them, only we have to do is not to invest with them and let this coin die.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Aniwura
Jr. Member
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Activity: 378
Merit: 1
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June 28, 2019, 10:31:08 PM |
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The reason we still see some coins have those volumes, most especially those listed newly on CMC, is because it is one of the criteria for coins that want to list on it, to have attained certain volume. After Somme time, the volume of these coins reduce and it all looks played.
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mammoniter
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June 29, 2019, 09:35:13 AM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Making a coin is actually not that hard. The most difficult part is selling it and making people buy it. No matter how many coins you have if no one buys it, its worthless. You have to provide a good and working product to attract investors. There is nothing wrong with so many crypto as long as they are functional and useful. Beside making it to coinmarketcap is not easy. It should have a huge volume.
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fulcare
Sr. Member
Offline
Activity: 588
Merit: 254
The Standard Protocol - Solving Inflation
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June 29, 2019, 09:03:18 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Making a coin is actually not that hard. The most difficult part is selling it and making people buy it. No matter how many coins you have if no one buys it, its worthless. You have to provide a good and working product to attract investors. There is nothing wrong with so many crypto as long as they are functional and useful. Beside making it to coinmarketcap is not easy. It should have a huge volume. No it is not that hard, but at the same time you can say that you want to be different from all those others!
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TimeTeller
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June 29, 2019, 09:08:30 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? Firstly, being listed on cmc isn't that easy since certain coin/token needs to meet its requirements like being listed in an exchange site and circulating supply. You can read their methodology here. https://coinmarketcap.com/methodology/While it's indeed that we have tons of coins/tokens that actually congesting the market yet only those that are solid and established will remain and some will eventually die. So don't bother to create one just to make thousands ( if ever they will ) as it's just a waste of time. Most of those coins listed in cmc has no trading volume anymore. They managed to get their coin listed while they are fresh in the market. They can always create new ones but they can't maintain its life in the market. If there's no solid application for that coin, it will eventually die once the traders got tired of it. Everyday you can see a new coin, on the other hand, a lot of old projects are dying every single day.
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Novatech8
Member
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Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
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July 17, 2019, 08:14:31 PM |
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To get listed on CMC is not an easy task,the coin or token must be trading on multiple exchanges with good volume among other requirements from CMC and those coins and tokens that are getting listed everyday have been on queue but the real truth is not all of them are good its left for investors to thread carefully where to invest their money
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omonuyak
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July 17, 2019, 08:22:21 PM |
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If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY.. and they have a decent market cap worth 1000's of dollars.. How do people just make there own coins that easy? and how are they raising so much money?? i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars?? this is so stupid.. what is the need for all these useless coins?? when is it gonna stop? The cryptocurrency market is one of the market that attracts a lot of investors now and that is why you are seeing those coins raise money. People are used to traditional investments platform like commodity and stocks and since altcoins is almost equivalent to that people see it as flipping. A lot of millions are been raise through ico and ieo market and people are seriously make used of these two channels to get money for their projects.
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BeginToMine
Full Member
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Activity: 434
Merit: 101
https://www.payaccept.net/
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July 17, 2019, 10:00:48 PM |
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This post is quite funny.. Cryptocurrencies are all about decentralisation and anybody is free to create whatever they like in the space, the problem is that not everyone can be able to attract investors to their project even though everybody can create any project hey want in the space.
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ivankoh
Full Member
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Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
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July 17, 2019, 10:19:46 PM |
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The cryptocurrency market is attracting a lot of interest from investors all over the world so more and more new coin projects are launched to attract investment but not all projects are successful without knowing how to build. build community support. A long-term development project needs a dedicated team and a clear development strategy to gain trust from investors. The introduction of many new coins has created a great driving force for the entire cryptocurrency market.
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ariyzt
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July 18, 2019, 12:26:20 AM |
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The fact is they all is old coin/token that listed on coinmarketcaps. btw listed on coinmarketcaps isn't easy. such as :
- Must be on a public exchange with an API that reports the last traded price and the last 24 hour trading volume. - Must have a non-zero trading volume on at least one supported exchange so a price can be determined.
And not all coin can meet that requirement
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