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Author Topic: New coins daily.. How do they do it?  (Read 17170 times)
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June 28, 2019, 09:13:40 PM
 #201

I see Cheesy 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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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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June 28, 2019, 09:14:18 PM
 #202

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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June 28, 2019, 10:14:13 PM
 #203

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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June 28, 2019, 10:23:16 PM
 #204

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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June 28, 2019, 10:29:04 PM
 #205

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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June 28, 2019, 10:31:08 PM
 #206

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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June 29, 2019, 09:35:13 AM
 #207

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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June 29, 2019, 09:03:18 PM
 #208

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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June 29, 2019, 09:08:30 PM
 #209

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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July 17, 2019, 08:14:31 PM
 #210

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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July 17, 2019, 08:22:21 PM
 #211

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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July 17, 2019, 10:00:48 PM
 #212

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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July 17, 2019, 10:19:46 PM
 #213

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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July 18, 2019, 12:26:20 AM
 #214

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

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
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