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Author Topic: New coins daily.. How do they do it?  (Read 14382 times)
Correlll
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March 16, 2019, 11:27:54 AM
 #121

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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March 16, 2019, 12:04:14 PM
 #122

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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March 17, 2019, 03:38:39 PM
 #123

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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March 17, 2019, 03:50:21 PM
 #124

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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March 17, 2019, 04:09:45 PM
 #125

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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March 17, 2019, 04:16:38 PM
 #126

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
 #127

The answer to this question is already in the question-because you are a normal and honest person. Smiley Honest and decent people will not make money fraudulently, creating useless shit coins. Wink But the amount of shit coins surprises and amazes.
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March 17, 2019, 04:23:07 PM
 #128

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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March 17, 2019, 04:23:39 PM
 #129

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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March 17, 2019, 04:26:33 PM
 #130

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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March 19, 2019, 10:50:37 AM
 #131

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
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March 19, 2019, 11:24:47 AM
Merited by supermine (1)
 #132

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.
cahbagus555
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March 19, 2019, 11:52:09 AM
 #133

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
 #134

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.

babicena14
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March 19, 2019, 12:05:56 PM
 #135

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.

imsotiredofmoviereboots
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March 19, 2019, 12:33:14 PM
 #136

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.
marjil
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March 19, 2019, 12:58:35 PM
 #137

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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March 20, 2019, 11:26:59 AM
 #138

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
 #139

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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March 20, 2019, 12:31:14 PM
 #140

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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