Post
Topic
Board Economics
Re: The Reason For Creating a New Cryptocurrency?
by
davis196
on 15/07/2018, 11:20:40 UTC
Reason number one:For pump&dump purposes.
Reason number two:Exit scam ICO(which is kinda like the first one,but with pump&dump they could pump the coin again and gain aditional profits).
Those are the real reasons.The fake reasons include:instant and cheaper transactions,easy and profitable mining,technology innovation that will beat the crypto competition.