Pizzalover420 (OP)
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December 11, 2020, 09:08:00 PM |
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Should we all not have our own coin?
@VitalikButerin has eth @rogerkver has bch @chaumdotcom has xx @SatoshiLite has ltc @adam3us has btc
and 8000 others have their own coin.
I think everyone in the world should make a coin with the same supply. That would be more legit than working for another mans supply... Or have 1 coin we all earn at the same rate upon creation of supply.
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pooya87
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December 12, 2020, 06:06:20 AM |
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You an also put dog shit in a bag and use it as a medium of exchange and nobody can prevent you from doing so but also you can't force other people to use your "currency". However, if you create a market for the dog-shit-in-a-bag coin and pump and dump it some people will come and trade it for a while before it dies.
In the end only thing remains and that is the decentralized bitcoin that nobody owns or controls.
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Lorence.xD
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December 12, 2020, 06:25:01 AM |
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You an also put dog shit in a bag and use it as a medium of exchange and nobody can prevent you from doing so but also you can't force other people to use your "currency". However, if you create a market for the dog-shit-in-a-bag coin and pump and dump it some people will come and trade it for a while before it dies.
In the end only thing remains and that is the decentralized bitcoin that nobody owns or controls.
Sick burn. To make it clear OP, if we create more supply than the demand then prices will start dumping. Just because everyone can make their coin does not mean that they should make their coin. With so many coins in the market, do you think that your coin will have a chance to get their own time in the limelight, not to mention that you want everyone to create their own coin.
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Shallow
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December 12, 2020, 06:43:45 AM |
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This is serious, and who will use them? In essence none will survive other than those coins people see have true value like Bitcoin, and it's not like all will be done at once but as it comes out, it will be screened out. In a more better way; you highlighted that there are about 8000 others who have their own coin, assuming that is true because I hard check those things, now out of the 8000 how many are actually working, how many are in the minds of people? Just few, why? Because a lot of people are getting wise and strict with their money, hence it is taking more than just launching a project to keep investors, you have to offer something tangible and unique, else they will see it as pump and dump project most times it might not even see the light of the day. So in all ramifications, there is no need for everyone to have their own coin, but there is need for everyone to focus on those coins that will bring more prominence to the crypto space such as Bitcoin.
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michellee
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December 12, 2020, 08:01:12 AM |
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Have our coin means we are creating our own coin? If that so, I think I will not do it right now, and I prefer to be a player who will benefit from having many coins at the market because my purpose is to make more money from every potential coin. But if in the future, I can have a solid team and I am ready to create my own coin, I will do it ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It is not easy to manage the project, but it is easy to create a coin or token because you can hire someone who can create the coin or token you want. But the problem is how we can manage the project to run for a long time and have a big investor inside the project. That will not be easy to convince the investor to join our project.
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pakhitheboss
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December 12, 2020, 08:14:19 AM |
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Should we all not have our own coin?
@VitalikButerin has eth @rogerkver has bch @chaumdotcom has xx @SatoshiLite has ltc @adam3us has btc
and 8000 others have their own coin.
I think everyone in the world should make a coin with the same supply. That would be more legit than working for another mans supply... Or have 1 coin we all earn at the same rate upon creation of supply.
These is no problem in creating your own coin, you can go ahead and create one but how will you create the demand for that coin? You have to convince the investors what different your coin can do? 8000 others have tried but how many of out of those 8000 were able to convince everyone you should know that.
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YOSHIE
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December 12, 2020, 08:23:24 AM |
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I think everyone in the world should make a coin with the same supply.
Your thinking is very strange, if everyone has their own coins, then, who buys, each one already has it. From where these kinds of ideas and come to your mind, I hope you are well, not in brainwashing. If everyone chooses a mind like you, this world will experience an unbalanced tilt, there will be no more poor people in this world, everyone already has their own product to use.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Jating
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December 12, 2020, 09:04:46 AM |
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I think everyone in the world should make a coin with the same supply.
Your thinking is very strange, if everyone has their own coins, then, who buys, each one already has it. From where these kinds of ideas and come to your mind, I hope you are well, not in brainwashing. If everyone chooses a mind like you, this world will experience an unbalanced tilt, there will be no more poor people in this world, everyone already has their own product to use. I have the same thoughts, why and where in the hell the OP get this idea, really absurd really to the boundary that it gives me a good chuckle. Anyhow, it's not going to work this is not how money works in the first place. There are a lot of crypto's already that we can used as money, so it doesn't make sense at all.
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rijaljun
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December 12, 2020, 09:29:25 AM |
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I don't know if you understand how the system works do you think if we can do that we won't do it? do you think if everyone of us have coin do you think eveyone of it would have a value at all?
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Leviathan.007
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December 12, 2020, 10:55:39 AM |
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There is not problem about it, you can just create fork from bitcoin and create own bitcoin but nobody will pay attention to it or buy it at all. You may know bitcoin is decentralized and nobody owns or controls it at all. Vitalik owns ETH and we know exactly who owns it, knowing the true identify of owner will not make anything better because can put the decentralization in danger.
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samputin
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December 12, 2020, 11:24:55 AM |
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What a bad idea indeed. I guess you already understand why all of the ideas running on your head are all wrong so I think it is enough. I wil no longer give more emphasis. Anyway, that's fine. Don't get easily offended, use it as your inspiration to study further. I advice you to study economics, I am not saying that you must become expert on that area. Learning the basics including the Law of Supply & Demand and how our economy works would be a great stepping stone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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Smartvirus
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December 12, 2020, 11:41:31 AM |
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I think everyone in the world should make a coin with the same supply. That would be more legit than working for another mans supply... Or have 1 coin we all earn at the same rate upon creation of supply.
It's your idea and I like the fact that, you think, it's just a thought in your head. It's cool but, I'll like to ask you this @OP, should everyone have their own coin, what would be the point? Who gets to get what out of the next persons supply? A lot of crypto enthusiast had tried and we see lots of them failing up to this moment. A visit in the bounty section aside from the fact that, most of the projects there are scams but the few legit once that scales through usually don't last. It sells for a while and once it's market cap isn't reached, it begins to experience a gradual decline and just like that, it's off the market. I don't see a point in everyone owning their own coin.
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Little Mouse
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December 12, 2020, 02:23:20 PM |
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You are free to create your own coin, mine them all alone at the beginning and whatever you want. There are coins from a lot of persons don't necessarily mean they are bad. I see some altcoins as very helpful because they help me to send cheaper tx.
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Coinsfera
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December 12, 2020, 06:33:21 PM |
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Should we all not have our own coin?
I think everyone in the world should make a coin with the same supply. That would be more legit than working for another mans supply... Or have 1 coin we all earn at the same rate upon creation of supply.
It sounds good but at the same time, not a good idea. Let's say you created one "mycoin" who will be aware of this coin? You can create one if you have millions of followers on the net, then they can own the node of your system and run it. Let's say you have your own coin then you need great promotion to be get accepted by the crowd which has 8000+ other cryptocurrencies. Why should they choose your "mycoin"?
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Stedsm
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December 12, 2020, 06:38:00 PM |
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@OP, I just can't stop laughing. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You mean each and every person should come up with their own so-called currency just because it hurts their ego (and their butt as well) to follow a person's vision who actually showed us the path and asked us to walk on it? Maybe you should try and come up with some DeFi token, you might see it skyrocket to some unbelievable levels and then put down into the garbage but BTC has become history because Satoshi worked behind the scenes (and I believe s/he still works for it and is happy around any corner of this world s/he lives in), unlike others who are just trying to get fame for their work.
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Rodeo02
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December 12, 2020, 07:56:00 PM |
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You mean everyone will create his own ? Are you sure someone will buy you coins created if ever you make one?
If you found that we have 8000 coins in the market doenst mean that you also need to make your own . It's nonses creating one if there is no use of it it's just a waste of energy and time at the same time you also need to use money to create which is doesn't have any real use cases and just another shit coins .
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Gotumoot
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December 12, 2020, 08:15:45 PM |
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Should we all not have our own coin?
@VitalikButerin has eth @rogerkver has bch @chaumdotcom has xx @SatoshiLite has ltc @adam3us has btc
and 8000 others have their own coin.
I think everyone in the world should make a coin with the same supply. That would be more legit than working for another mans supply... Or have 1 coin we all earn at the same rate upon creation of supply.
Sure create more crypto for everyone but what's the purpose? Does those who belong in 8000 more who owns their coin have a value? What's the use of creating your own crypto or coin if it wouldn't have any value at all? You could see that there are already tons of worthless crypto around so why would we create more just for our own?
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mbe48
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April 05, 2021, 11:45:37 AM |
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In my opinion, why do we have our own coins if we don't know the clear purpose and what are the benefits, even though having our own coins will still be focused on the parent (Bitcoin), and have a very high risk not only on price but enthusiasts. But your statement is very interesting.
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kotajikikox
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April 05, 2021, 11:52:50 AM |
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Should we all not have our own coin?
@VitalikButerin has eth @rogerkver has bch @chaumdotcom has xx @SatoshiLite has ltc @adam3us has btc
They are the Most famous and successful coins that ever created. and 8000 others have their own coin.
Yeah that's More to Look at. I think everyone in the world should make a coin with the same supply. That would be more legit than working for another mans supply... Or have 1 coin we all earn at the same rate upon creation of supply.
Wait !!!! "Everyone should have Coins"? do you mean all of us must have our own coins? so meaning Billions of Coins will be created differently ? I don't think this is a good idea mate, because who will support each coins ? Us?
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DooMAD
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April 05, 2021, 12:24:50 PM |
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If we ignore the part about creating ridiculous quantities of supply, there was a time where even some of the more technically astute people thought there might be a possibility that everyone would have their own individualised tokens. I'm sure I remember Andreas Antonopoulos saying something along those lines once. The notion does seem more than a little fanciful now, though. Things just didn't evolve that way.
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