Why people are excited everytime we see a new coin without knowing it first

[shoreno]

not really  .  im a kind of person that doesnt get attracted on a new release coin because i think they are only here just to make a profit or to make a competition but without a real puspose on why they are created   . thats only my opinion but others opinion could be different on mine  .  for me , i am already contented on the coins that i have or what we have right now becuase they are lots of them already  and i dont think that we need more .

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[desticy]

The cryptocurrency market is full of a wide variety of ideas, some of which are very multi-communicating.
As a rule, people are inspired precisely by the idea, and its potential implementation. When the project comes out, then it becomes clear how much the project team will be able to implement, and at this point everything may go wrong.

[Lance203sin]

Only not so smart people are acting in this way

[terencio]

People are excited every time there's a new coin, thinking it's going to be the next big thing, and they're hoping the new coin will make them big time, or the new coin will have a better technology compared to the coin that is already traded on the exchange.

[amulaamula]

Not easy to launch new project and attract investors, so many projects fail, even is not scam, 100s of new projects come with same idea and concepts.

[key4co.in]

Those who have experienced many failed projects do not get extremely excited over new projects without doing proper due diligence, mostly newbies do that. Sometimes is not even about experience, after doing your research, at the end the project fails maybe due to poor management, or inability to hit soft cap, regulation issues, internal team issues and many more setbacks. I agree with you that we should move on without wasting much time hating on the project when it fails since more cool projects will still come.

[inanilujimi]

I personally do not really expect the new altcoin even though the opportunity is big enough but the risk is also great.
if you only see what is in their community then that's the bait that will ensnare you, be careful.

[AliMan]

The cryptocurrency market is full of a wide variety of ideas, some of which are very multi-communicating.
As a rule, people are inspired precisely by the idea, and its potential implementation. When the project comes out, then it becomes clear how much the project team will be able to implement, and at this point everything may go wrong.

Most of new coins nowadays doesn't conform to what was promised, and probably interested participants for those project offering new coins to the public sales. They've creating hype and other promises despite of having no assurance for successful launch. Unfortunately, the most awaited part begun to show signs of failure, when it was listed on exchange cheaper coin value would stun you in the first place.

[lolgato1]

Because people are greedy, when you see new project that promises better future than Bitcoin, you will not invest into estabilished company with certificates and guaranteed profits? And that is th peoblem because scams look to good to be true.

[peter0425]

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

Lol we’re not,maybe you because being a bounty hunter your always seeking for another new coins that need to be advertised,but you are only few and the majority of cryptonians are tired of these new coins that mostly will turns out as Shitcoin or a total scam currency
 There’s no perfect for us but from these scammers ? They’re always ready and perfect in the target victims

Because people are greedy, when you see new project that promises better future than Bitcoin, you will not invest into estabilished company with certificates and guaranteed profits? And that is th peoblem because scams look to good to be true.

That’s the old belief but only few now are fool enough to believe that there is something new currency that will take place bitcoin

[Ucy]

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

Not everyone has the capability to judge the newly launch project whether it is a good project or a shit project therefore many will fall victim to kind of problems.

If anyone has the capability to check whether the team behind the project are all genuine and competent then we don't have to worry to this kind of issues. But if someone can at least provide a platform in which they will background check the newly launch project starting from it's team,capability of the project to succeed and etc. then we can easily solve this kind of problem.

Exactly. I wish people with the required skills and  knowledge can provide that kind of service. We really need it.
In my opinion, it would be better to have such service rendered from decentralized platforms by randomly selected competent people. This will definitely make things harder for scammers if done correctly. And this people have to be paid.


   

[meliodas]

The reason behind this kind of phenomenon is simply because those kind of people are seeing an opportunity. They see that there is another opportunity for a new coin and since their emotions are on top because of the news, they just act using their emotion and not their mind. They don't think about the basic fundamentals that they should do before going into something and mostly it resulted into disappointment and frustration because they are not educated enough and aware of safety precautions in investing or going into some project.

[pixie85]

Only not so smart people are acting in this way

Or greedy, or poor, or newbies, or people in a difficult situation, people with addictions and many more.

We cannot generalize. There's many personality types and traits that describe people. Going in blind and working for a possible scam coin is a bad idea but people are doing it and will keep on doing it. Where there's money there will be people ready to do anything to get it.

[ardentvolcanoes]

Only not so smart people are acting in this way

Or greedy, or poor, or newbies, or people in a difficult situation, people with addictions and many more.

We cannot generalize. There's many personality types and traits that describe people. Going in blind and working for a possible scam coin is a bad idea but people are doing it and will keep on doing it. Where there's money there will be people ready to do anything to get it.

Reality inside this industry. People are willing to take chances to be part of any new projects that being introduced,  taking places to acquire early position by investing or bounty hauntings without further investigations.
They are after with quick benefits and fear of losing opportunities, this types of behaviors are the reason why scammers are not having any problems working inside this market. Support are there when you give interesting offers. Both bonuses or high rewards for bounties.

[Bonwin]

There is no excitement anywhere. Almost every investor is try to weighing the two sides of the coin, by taking some risks, perhaps it might work out fine. Although, I know of some projects that are still trading above their fundraising price. which is on its own, an encouragement. If most projects, particularly the new ones are are not yielding the expected result, it will seem as if one is just there, without achieving anything positive.

[Bitbtc8]

Since many new projects have failed me i don't trust them anymore unlike before, its rare for me to be excited about any new projects when i already have it at the back of my mind that the project can fail anytime, the truth is there is nothing to be excited about if its new project

[GREENch]

For a long time I have not experienced any emotions for projects in which I participate in bounty campaigns. Yes, and why !? This is the same job. And at the expense of the dump and everything else - this is a high-risk type of earnings (earlier it was also highly profitable)

[Zeke_23]

Only not so smart people are acting in this way

Or greedy, or poor, or newbies, or people in a difficult situation, people with addictions and many more.

We cannot generalize. There's many personality types and traits that describe people. Going in blind and working for a possible scam coin is a bad idea but people are doing it and will keep on doing it. Where there's money there will be people ready to do anything to get it.

Reality inside this industry. People are willing to take chances to be part of any new projects that being introduced,  taking places to acquire early position by investing or bounty hauntings without further investigations.
They are after with quick benefits and fear of losing opportunities, this types of behaviors are the reason why scammers are not having any problems working inside this market. Support are there when you give interesting offers. Both bonuses or high rewards for bounties.

Inexperienced bounty hunters are always on the go to participate in newly launched project without further research, once they have known the allocated funds for bounty they will support it without knowing if chances of being a scam project is high or will it be a good project. Scammers targeted these kind of people because they know that they take the bait once they show them a promise that will be impossible to happen.

[dawncham]

New coin - new solution to old problem. I think that's why most people are excited. Also there is always a chance where one of the new coins will become something big eventually. But yes, their expectations should be managed. 

[jets567]

Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

In a bounty hunters point of view it's only natural to get excited every time there is a new project with bounties is introduced on this forum because they have given the chance to participate and earn their coins by simply doing some tasks. Most of the hunters do the job as quickly as they can due to the bounty staking calculation because the earlier you work with the project the more coin you could get at the end of campaign, they do researching during the campaign or sometimes they don't which lead for scam projects to get advertisement for free.