Why haven't anyone created a crypto currency name Merit yet?

[CYBER_COWBOY]

Fun fact, I was once a holder of this Merit Circle But shit happens, most of the altcoins last year were dumped especially when Bitcoin started to drop to below $30,000 everything follows.

It's quite surprising to see that $MC has fallen in price by -99.62% since their ATH 2 years ago, and the current price is $0.17, BTW, I wonder, at what price did you buy your $MC? and are you still holding your $MC until now?

You telling me to don't jump to conclusions but its okay for you to do it?
I know about these two already, but if you read about them it has nothing to do with what I mentioned.  

Hmmm, based on what I understand from the title of the topic you made, you are asking about why there is no crypto asset called merit, right? I've given a little explanation about it, then where is it that has nothing to do with the topic you're making? did you ask about Merit in this forum being used as cryptocurrency?

Yes exactly 
An idea like creating a Merit cryptocurrency and for it to grow and start somewhere, people on the forum could get some coins based on how much merit their account have, then they could if they want share it with friends and family and make it grow more and more.

I don't know anything how to create a crypto currency but I looked online how much it could cost and Google said all from $2000 to $50.000.
I have a lot more then $2000 but not close to $50.000. It could be a fun thing to look into. 

[MAAManda]

You telling me to don't jump to conclusions but its okay for you to do it?
I know about these two already, but if you read about them it has nothing to do with what I mentioned.  

Hmmm, based on what I understand from the title of the topic you made, you are asking about why there is no crypto asset called merit, right? I've given a little explanation about it, then where is it that has nothing to do with the topic you're making? did you ask about Merit in this forum being used as cryptocurrency?

I don't know anything how to create a crypto currency but I looked online how much it could cost and Google said all from $2000 to $50.000.

That's an insane amount if you just want to mint the token, maybe $2,000 to $50,000 that's the total cost for the core team, marketing and other things needed to make the token grow. AFAIK you can even create a token without spending a penny.

[DeathAngel]

Not sure about Merit but if we are discussing things that are forum related then I think NFT’s based on users on the forum could be cool. I just wonder if there’d be enough demand. www.bpip.org could be used as a reference.
There probably wouldn’t be enough demand but only a thought I had, I mean who wouldn’t want to own a theymos.

[eaLiTy]

Lately i been looking into altcoins more and more since I have got some more money in my life and want to make more investments then only in BTC.
One thing I was wondering is why nobody yet have created a crypto currency under the name "Merit" yet.

What is the point of yet another alt, majority of the coins are shit coin created for pump and dump and has no base valuation and i wont be surprised if someone comes up with a coin like that to deceive users.

it's many smart people on this forum with a lot of knowledge about things like this and I think it could be a good currency to create.

The forum does not need any shitcoin as we already have BTCitcoin  .

Not sure about Merit but if we are discussing things that are forum related then I think NFT’s based on users on the forum could be cool. I just wonder if there’d be enough demand. www.bpip.org could be used as a reference.
There probably wouldn’t be enough demand but only a thought I had, I mean who wouldn’t want to own a theymos.

Wouldn't mind a fun NFT considering all the other shit projects in existence  .

[dimonstration]

An idea like creating a Merit cryptocurrency and for it to grow and start somewhere, people on the forum could get some coins based on how much merit their account have, then they could if they want share it with friends and family and make it grow more and more.

I don't know anything how to create a crypto currency but I looked online how much it could cost and Google said all from $2000 to $50.000.
I have a lot more then $2000 but not close to $50.000. It could be a fun thing to look into. 

This looks like a meme coin since you are creating a currency after the merit system here without any direct relation or utility. This will not gonna be successful since most of the forum user will not gonna trust you or anyone who will create.

You can mint your own token with cheap amount on BSC and other blockchain with small fees. There’s a lot of open source smart contract out there that is available. That estimate price is for hiring a developer to write a code for you from scratch while your target token is just plain token like tokens being airdrops on any blockchain since it doesn’t have any utility or other feature like token burn and tax.

[CYBER_COWBOY]

An idea like creating a Merit cryptocurrency and for it to grow and start somewhere, people on the forum could get some coins based on how much merit their account have, then they could if they want share it with friends and family and make it grow more and more.

I don't know anything how to create a crypto currency but I looked online how much it could cost and Google said all from $2000 to $50.000.
I have a lot more then $2000 but not close to $50.000. It could be a fun thing to look into. 

This looks like a meme coin since you are creating a currency after the merit system here without any direct relation or utility. This will not gonna be successful since most of the forum user will not gonna trust you or anyone who will create.

You can mint your own token with cheap amount on BSC and other blockchain with small fees. There’s a lot of open source smart contract out there that is available. That estimate price is for hiring a developer to write a code for you from scratch while your target token is just plain token like tokens being airdrops on any blockchain since it doesn’t have any utility or other feature like token burn and tax.

Thank you for a good answer. 

[trendcoin]

...

As it can be understood from the message you have created under this topic, you are someone who has just started to be interested in cryptocurrencies. Before investing in altcoins, I recommend that you thoroughly examine their teams and roadmaps. If you invest in them simply because of their good-sounding name, you may have to face the possibility of losing your money. Also, stay away from investing all your money in one coin and try to always have some cash and Bitcoin in your purse. The world of altcoins is a colorful and interesting realm that promises a lot of profit, but it also has huge risks. I advise you to do your research thoroughly and not be attracted to them just because of their good-sounding name. I wish you good luck...

[abel1337]

I think it's not a good name for a project that has a real goal in their plans. The person who decide to create a real project absolutely has a name in mind on what kind of project name that the world will be known with their project goals but unfortunately no one would choose the name merit as a name knowing that merit is a name that you will think of something else after being mentioned. Unlike shitcoins, real projects thinks their name carefully and do have meanings on how they ended up with that name. We should wait for the day that someone will create a meaningful project that carries the name merit.

[isaac_clarke22]

Lately i been looking into altcoins more and more since I have got some more money in my life and want to make more investments then only in BTC.
One thing I was wondering is why nobody yet have created a crypto currency under the name "Merit" yet.

it's many smart people on this forum with a lot of knowledge about things like this and I think it could be a good currency to create.

Assuming that it isn't really something to troll the system of forum, I don't think it is even something worth investing at all in the first place. People/users would have the misconception of buying merit here in the forum when you think about it and that's a frowned upon act here as you know it.

It's not even a good of a name if you would ask me.

This looks like a meme coin since you are creating a currency after the merit system here without any direct relation or utility. This will not gonna be successful since most of the forum user will not gonna trust you or anyone who will create.

You can mint your own token with cheap amount on BSC and other blockchain with small fees. There’s a lot of open source smart contract out there that is available. That estimate price is for hiring a developer to write a code for you from scratch while your target token is just plain token like tokens being airdrops on any blockchain since it doesn’t have any utility or other feature like token burn and tax.

It's going be like an internal meme here in the forum since not all people had any sort of idea on the "Merit" stuff going on in here and they would think the word "Merit" as just another stablecoin or any coin that does not have any utility at all just like you said.
It's not going to last long. Maybe few hypes around it, but that's it.

[wheelz1200]

I don't really understand this comment or post?  Are people down to just looking at coin names at this point?  What's the difference if something is called merit, tree, Bob, etc.  It's just a name.  I would counter with I can't believe people made coins with some of the crazy names they called them.  It's about the underlying project behind it though right?

[Rengga Jati]

Lately i been looking into altcoins more and more since I have got some more money in my life and want to make more investments then only in BTC.
One thing I was wondering is why nobody yet have created a crypto currency under the name "Merit" yet.

Then, what is this crypto "merit" for? The use cases.
Not everything has to be made cryptocurrency even though it may be something that is important or well known. Merit is indeed an important thing in this forum. however, crypto is wide and not only on this forum. What's more, in my opinion, let merit be something special in this forum, but not to be used as crypto or anything to be traded. moreover, such coins will usually only be shit coins, only hype for a while. And this will actually reduce the special sense of Merit itself. therefore, don't make this kind of crypto. Bitcointalk itself doesn't even have their own crypto.

[Coyster]

One thing I was wondering is why nobody yet have created a crypto currency under the name "Merit" yet.

Well, what makes a cryptocurrency useful isn't its name, but the use case, anybody can create an altcoin and call it whatever, maybe merit or something more interesting, but if the coin doesn't have any utility, it'd be a failed project. Bitcoin is a success because it has an actual utility and not because it was named "Bitcoin", thus even if somebody ever decides to create an altcoin with the name "merit" and it does not solve any problems, it would last for only a short time due to hype and die later

[bittick]

I don't really understand this comment or post?  Are people down to just looking at coin names at this point?  What's the difference if something is called merit, tree, Bob, etc.  It's just a name.  I would counter with I can't believe people made coins with some of the crazy names they called them.  It's about the underlying project behind it though right?

well some people are interested solely by name, you can say it's the same like meme coin trend where you just have better name than the others will means that you might be more succesful.
though i'd agree that these naming are just some nonsense if there's fundamental.

[kamvreto]

I don't really understand this comment or post?  Are people down to just looking at coin names at this point?  What's the difference if something is called merit, tree, Bob, etc.  It's just a name.  I would counter with I can't believe people made coins with some of the crazy names they called them.  It's about the underlying project behind it though right?

well some people are interested solely by name, you can say it's the same like meme coin trend where you just have better name than the others will means that you might be more succesful.
though i'd agree that these naming are just some nonsense if there's fundamental.

Naming that capitalizes on a particular moment is just bullshit, it will only work in the short term and will be abandoned when the hype is over. The trend of meme coins really illustrates this, where many meme coins appear with various names and in the end only the main meme coins can survive. even the same name appears on all Blockchain networks.
in the end this kind of coin is just a pump and dump practice and will hurt a lot of people, not for the long term because it will just be abandoned without further development.

[shinratensei_]

I don't really understand this comment or post?  Are people down to just looking at coin names at this point?  What's the difference if something is called merit, tree, Bob, etc.  It's just a name.  I would counter with I can't believe people made coins with some of the crazy names they called them.  It's about the underlying project behind it though right?

thats what baffles me, i mean good naming for altcoins could help people recognize the coin instantly and remember it but honestly when it comes to some random coin
it's as good as some unique id and identifier, because their name exist so that they could be used for ticker.
though i might be wrong but just picking whatever sounds good will suffice, other than that devs should be more focused on what they truly offers maybe revolutionary smart contract blockchain that have
really good scalability or something like that instead of just merely a name.

[Stalker22]

I don't really understand this comment or post?  Are people down to just looking at coin names at this point?  What's the difference if something is called merit, tree, Bob, etc.  It's just a name.  I would counter with I can't believe people made coins with some of the crazy names they called them.  It's about the underlying project behind it though right?

Oh, the wonders of this new generation of crypto enthusiasts and their obsession with meme coins! It is truly fascinating how they went wild for Dogecoin, Shiba Inu, Pepe, and now they are desperately scheming to create the next "groundbreaking" shitcoin that will magically transform them into overnight millionaires and internet sensations. The lengths they will go to in their pursuit of fame and fortune are simply awe-inspiring.

[Sarah Azhari]

Yes exactly 
An idea like creating a Merit cryptocurrency and for it to grow and start somewhere, people on the forum could get some coins based on how much merit their account have, then they could if they want share it with friends and family and make it grow more and more.

Because bitcointalk is a Bitcoin forum, not an altcoin forum, I think it is impossible to create a reward "merit" coin as your suggested. You have to know some time ago, many members focus to get altcoins here and follow the bounty to get reward tokens. But, it was only for a moment, after that, the token they got becomes useless and don't have value on the market. Then, after that incident, many of them migrate from token hunter to bitcoin hunter. This indicates, that a token, whatever that name like "merit" is more unstable than Bitcoin.

[Xal0lex]

I think it's not a good name for a project that has a real goal in their plans. The person who decide to create a real project absolutely has a name in mind on what kind of project name that the world will be known with their project goals but unfortunately no one would choose the name merit as a name knowing that merit is a name that you will think of something else after being mentioned. Unlike shitcoins, real projects thinks their name carefully and do have meanings on how they ended up with that name. We should wait for the day that someone will create a meaningful project that carries the name merit.

What difference does it make what name a project has if it does not have a strong team, investors, and a workable product. These are the things that determine the long-term life and value of an altcoin, not its name. Another thing is that a project with such a name can be valuable if some famous funds invest in it at the seed stage and can be useless if this project will have a low capitalization and will be traded on some pancakeswap.

[nutildah]

OK done 



Its a Dogecoin token named MERIT, made using Dogeparty.

Yes, I used DALL-E to make the image, so sue me.

It has a locked (non-inflatable) supply of 1,000. If you have a Dogecoin address to which you own the private key (seed phrase not good enough) or even better want to create your own Dogewallet, I will send you 10.

Not interested in selling MERITs but if you are a decent poster I'll give you some for free. 

[savetheFORUM]

Lately i been looking into altcoins more and more since I have got some more money in my life and want to make more investments then only in BTC.
One thing I was wondering is why nobody yet have created a crypto currency under the name "Merit" yet.

it's many smart people on this forum with a lot of knowledge about things like this and I think it could be a good currency to create.

I don't believe that no one tried it, it probably didn't make it and that is why we don't know if anyone used that name or not because only the projects that gain significant success appear to the audience and not just tokens with a name and no actual project or proper planning or anything. If a team decides to create a project that serves a purpose where they can use the name Merit, they would probably go for it.

A suggestion for you since you have money and looking to invest in altcoins, if you love the money that you have and don't want to waste it, don't go for newly launched coins or tokens unless you have confident that they are backed with a strong project with a strong team and good fundamentals.