Bitcoin Forum

what if someone creates a coin that is better than the present one

because I see a lot of ico are created and have their own purpose and usefulness

then what is the underlying person wants to make a new coin then what if the coin is not feasible and can not be accepted by the crowd

whether there is a loss in this case because creating a coin means to have ideas that can be poured

let's discuss this in order to open our insight into more tau again and can explore the existing technology now

at this time indeed many ICO that often appear. of any existing ICO, the creation of coins or tokens has various types or ideas. many of which contain old concepts such as tokens for exchange and etc., there are also unique ideas that have never existed in a coin or token project.
I think this is a good thing for the crypto world, because the development and innovation must continue to be done.
if there is a gap the coin is useless. then die already the coin and does not affect anything. it's just possible that if anyone is still investing his assets in the coin will have a number of losses.

The success of different coins depends on the design and the team that conducts this ICO, and whether they will develop and grow in the future in the price

With a high probability around it will move (around the new coin) and it is desirable to follow this, if it starts to develop, then you need to invest in it in time

Before you can bring any coin forward for people to accept, there must be an idea which must be good. Indirectly, investors are not just buying your coin, but your idea. Your idea must sell for such coin to sell, which is proportionate to the success of the project. You will also need a good team to work with you. If the previous team members were not that effective and cannot also influence investors, you will need to get new sets of team members. The developer must also be proactive.

Simply it should be a good project.
It should give you high returns in future.
It should be backed by good team members.
There are lots of other things.
For me these are my first priority picks.

A grandiose question, it means that the answer should be simply magnificent, but it is enough to think about such topics and to reflect once again is not difficult, but even useful for everyone.
Now a lot of new coins and tokens come out every day, many of them are similar, that is they offer very similar projects. and here it is our turn as investors and members of the crypto community to decide whether to give a chance to a new coin to exist or to show its uselessness to society.
Many projects are worthy of existing and developing. but they do not get the proper support and can not enter the market, and vice versa from those projects that have already entered the market and released their tokens are very many empty and completely meaningless, because most of the founders use the crypto as a crowdsfiding platform and do not carry a blockchain at all.
So what to expect from a new coin - the implementation of a unique idea or advertising spam.

if a coin is not accepted by the crowd, then there is no chance that it will succeed, it wont open and circulate on the market. there is a lot of coin that is being created but not all of them are being accepted.

Nothing expect from most of them.
Everyday some one say what he create new etherium - etherium 2.0. I am divide this guys to 2 parts: one of them scammers who already know what he cant do nothing, and other who believe what he can do something but on practice he cant nothing

From all new coins I'm waiting for only scum) All that need people you can find on existing coins masternodes, stealth, smart contracts. It can't be that everyone will be able to create own coin) This will end in the nearest future. Almost all promising coins of last year lost their price significantly, haven't created anything new and on their way to be delisted from top exchanges. Very few of them will survive.

I think 99% of people who invest in a new altcoin are hoping that it will increase value in the future. You have to check the background of the project members, to understand their core technology, to see if they have built a trusted community. All that matters. Finally, you have to believe it has the potentials.

then that coin will past the old coin.
[quote author=Afrizky R link=topic=3309270.msg34539343#msg34539343 date=1523543129
because I see a lot of ico are created and have their own purpose and usefulness

then what is the underlying person wants to make a new coin then what if the coin is not feasible and can not be accepted by the crowd

whether there is a loss in this case because creating a coin means to have ideas that can be poured

let's discuss this in order to open our insight into more tau again and can explore the existing technology now
[/quote]
if the coin is not feasible, the investors itself will decide about that. an altcoin will undergo an ICO to have their fund to launch and successfully circulate an altcoin so if it satisfy the investors, then its worth to be created.

Before any new token to be distributed by selling. As an investor it is your duty to know the road map of the token and their team on how they are willing to work things out without thinking for their own selves. Most of the investors are just after on the profit and not just on the token itself, that's why most of the newly tokens got listed on the exchanges, most of the investors are dumping it already as a results of the market and investors who are holding will suffer from the sudden dump.

A new coin within good design and use with adequate marketing will thrive but one even with good design n inefficient marketing will just end in no where. Likewise bad design and marketing

i think is more like a new generation, every new coin have something that "new" like system, safety, and puroose. and this make the diversity in crypto world that make us as trader have a many choice for us to trade our money. we can trade in coin that like our criteria.

To be real, you shouldn't expect much from most coins. If you spot one with real development that's where you want to be.

new subcoins are constantly appearing in the crypto market. the things that are expected from these newly emerged coins, I think that the projects and their consultants are as good as they can be valued in the future.

If someone creates better crypto money i will invest in it. Every day a new project enters the market and some have a brilliant idea. Everyone may be creating their own crypto money right now but in the end they will remain their best.

there will always be a new and much better coin.. like an update to every coin.. thats why theres blockchain 1, blockchain 2 and so on

D167

Since competition is high in the present era, so do expect many new coins will emerge in the market even if their idea is same as an existing coin but they will be having an extra feature/solution which may solve some problem that existing coin can't. For a coin to stay in the market for a very long term it must have some usability & easiness as compared to an existing coin if their underlying idea is same. The moment the coin is accepted by a very large community it will rise in value as more people are demanding that coin. The team must do marketing on a large scale so more & more people get to know about a specific coin.

I think it is obvious that if the project is created for people, if it is popular, if it develops, then of course its token will always have a value increase. But if the project was aimed only to sell tokens and forget about development, then of course all those who invested will have losses.

Obviously it depends on the prerequisites of the coins, such as what is the project, if any, that backs the coin, and the next and most important thing in my opinion is the exchange where is bought/sold.

Once a coin hits exchange, two things are involved
1. Either the coin maintains an upward trend and passes it's ICO price to test new all time high or
2. The coin dumps below its ICO price.
Now in this two scenarios, two things are involved. One the coin will keep trading on a very high volatile mode until it forms it's support and resistance e levels. Two, A new coin is not traded with the help of chart as it doesn't have chart history.

I think a new coin must have a good idea, and according to that, it must be innovative. Unfortunately, a huge part of the new coins have not these quantities, and I think it is not a surprise that many of them become just trash.

I think that a lot depends on which marketing strategy will be chosen by the team of the project. If the project is advertised and people can learn about the benefits of a new coin, then of course they will sell the old coin and buy a new one. If a new coin has an advantage over the old one, then of course everyone will choose a new coin.

I know that in the future many cryptocurrencies will disappear. On their replacement will come another generation of coins. They will not have modern problems. They will become more universal, automated and practical. I think there will be no more than 100 major coins.

Yoyu shoul expect more,because if the coin has been trying to outdate the existing coin,you should see some good improvements with the transaction speed,or the block confirmations, or anything that the existing competitor coin has shortcomings,which is why do we create a new coin to improve the existing,which is why you need to pick only those coins which has updated technology from the existing ones.

Expect more advance technology from compare to the existing coins? because why do these people create new coins? it isnt for the money,its all about the technology that the new coin might bring to our community,because if the new coin is just another copy of bitcoin,ethereum,or any other shitcoins it wont make any difference at all!

The coin must meet certain goals. I believe that the main things and is inherent in all the crypto currency, but I would like that its real price for something is based. It is also possible to integrate into everyday life like payment.

If the technology if greater than existing coin,of course you will be expecting more from the new coin because it is an upgraded version of the existing coin,if ever the coin is indeed has advance technology than the existing coin if not,it will be worthless as far as i can see it wont make any difference! which is why its going to fail.

I will like to watch out for these things in new projects

Security of funds

Liquidity of worth

Earning power

Accessibility to the public etc

We should expect much for a new coin because it's difficult to predict it's future if they have the potential to grow. But every new coin counts, we needed to have some to be able to have profits from it. So we should be wise what altcoins to invest money and time because some of them are scams.

Expect a lot of problems. I invested in Electroneum and I have since watched the project crumble. Most ICOs are just fundraisers, so you will need to have a lot of patience with the team as they realize their project goals.

I don't expect anything because most of the coin will down after their put on the market. You should wait for 1 month for seeing the price up.

Really can receive the coins which are better than the other coins, but this does not mean that it will be a success. For the success of the coin need a good team, a good project and it is desirable for such project, which will be different from those that came before him.

Expect nothing, most startups are developing something new and most will never see true usage, just getting it to support some cool projects and hope for a little bit of profit.

We should be expecting more,as we all know that these new projects has something new to offer ,because if not it isnt going to be a successful project at all as it wont have any good to us especially when the project is just a copycat of the existing coins,which wont make any difference if we invest! we shouldnt be investing to these type of shit projects because it might be turned into a scam.

   Many good comments in this thread. A lot of different opinions makes
easy to read this thread, and interesting.
   What can we expect from a new coin should be explained in WhitePaper.
In road map should be explained their time line of events.
    Will they fulfill their plans in time depends from many factors. Most
important factor are the people, supporters. All of them need to find a way
to reach to people, to us. If they manage to that they will be successful in
the future.
   I believe in many projects. I plan to give them time to reach their plans. For
some projects I am ready to wait at least 5 years, mostly from the ones that
comes out now.

New technology? of course new innovation or some improvements compar to the existing coins in the market,you shouldnt be investing to those coins which copied the existing projects/coins which doesnt have any good improvements,these new projects should be upgraded version of the existing ones.