Bitcoin Forum

If crypto's really take off I believe there will be more than 1 or 2 that will survive. I believe instead of asking Visa, Master Card, Discover, or American Express, we will have the option to pay in multiply cryptocoins.

So would the name of a coin alone help it succeed? Even though they don't get much attention I think Globalcoin has a good name. Also, Netcoin.

Or does the name not matter and it's all up to the dev and community? I guess I'm trying to compare early websites like business.com that sold for millions based on its name.

No. Before it was maybe possible (in the times of LTC), but now it is not.
Due to the high number of coins, it is hard to succeed even with amazing features.

Sometimes coins with good names do succeed. However, for a coin to succeed, you need a good developer who works in developing and releasing the coin.

Well, the name alone appeals to certain people. How many people bought cannabiscoin, potcoin, etc...just for the drug association? Weed, dude! Cool!

Weed and drugs can be bought with other currencies as well. However, names like Netcoin and other coins with such names, can have specific applications. Except for one such coin, URO coin. I don't know why was that required.

global and net coin name is pretty basic so i doubt those succeed

Maybe 2 years ago a coin with a good name can help it succeed but at this stage in altcoin development, a good name is simply not enough for it to succeed. A successful coin will require a few factors to help it succeed, such as technical innovation, active and committed developers, strong community support, large trading volume and so on. You may be interested to check out CoinGecko (https://www.coingecko.com/en) for some metrics that measure the above for many cryptocurrencies.

A good name probably won't help a coin, but a bad name will definately hurt it.

I think what mostly defines the value of a coin are developer that can do both - developing and marketing.

In crypto people are asking for specs, how everything works and why one should invest. The name is not important once you put values behind the name.

I don't know if the name of a coin can make it success, but I refused to mine boolberry at launch because the name was the most stupid I ever heard... guess I was wrong...
actually it doesn't matter... you can call your coin darkbitlitecoin (strange it doesn't exist) it won't have any influence even though it clearly shows how much imagination has the coin dev...

I guess will see soon lots of shadowbit, shadowlite, darkshadow, bitshadowlitedark because most coin dev only have the imagination to look at successful coin name rather than making up their own

Microguy and Vlad2vlad would agree with you. Probably you and them are right, for Average Joe GoldCoin would be more appealing than let's say Quark.

Do you think coins could be bought from the developers because of a good name? I'm going to use Globalcoin as an example again. It has no real ongoing development or features that make it standout. It only has a good mainstream name. So if cryptos really took off do you think we would get to the point where investors or other developers start buying coins from devs just for the name?

how about DigitalCoin? that's about as literal as it gets. it's got competent development behind it and the economy isn't rigged the way most coins are.

it's one of my favorites anyway.

Proper nouns that failed.

Maxcoin - Max Keiser
Murraycoin - Bill Murray (without his approval)
Coinye - Kanye (without his approval)
Cagecoin - Nicholas Cage (without his approval)


Potential proper nouns that could succeed (use at your own risk of litigation).

BillGatesCoin
TrumpCoin
CarlosSlimCoin
WindsorCoin
MileyCyrusCoin


Potential proper nouns that will not succeed (use at your pleasure).

MoolahCoin
Karpelescoin
IconicExpertcoin
DavidLatapiecoin
Ramicoin
Pedobearcoin

Absolutely not...it will require unique features and developments plus a strong community behind it.

Digital is another great example.

Branding alone can definitely make a coin successful.

There's no point in talking to people about branding here. Look at the suggestions some have made, Globalcoin, Netcoin. Lol, guys, any cryptocurrency with the english name "coin" in it besides Bitcoin, will fail branding wise. "Insert here"Coin sounds immature, tacky, childish, and overall like play money. Bitcoin got by with it's name solely because it was the first cryptocurrency, not because it's name was spectacular(it's the opposite).

To have a really successful brand name, it must be easily recognizable, simple, short, unique, and one worded.

EX: Google, Yahoo, Bing, eBay, Apple, etc

A coin more than anything needs proper marketing.

What's so funny? Why are you here "talking"?? Get that checked out. I'm saying at a mainstream level, if cryptocurrencies take off, would the name or branding help it succeed mainstream. I think Globalcoin or Digitalcoin would more likely be adopted than methcoin or Murrycoin. It's a question. I appreciate you making yourself look like an ass. You must be real broke. See how I connected those dots? I mean we can post public addresses and move .00009876 BTC at an agreed time. I'll bet 100 BTC I have more. Wanna play lol. Too easy. Get well soon.

It also needs a good dev who could build the coin and the environment for it.

Are you on fucking drugs? Your entire paragraph seems like you typed it with your left hand up your ass.

Move .00009 btc at a time? Is that what you call rich? 100 BTC, oh you think you have more? Let's go, bring in an escrow. Wanna play. Too easy.

Not necessary true. Without good branding and proper marketing your coin could be the technologically most advanced or the one with the most benefits for the society, but apart from a few geeks nobody will be interested. PPC, Primecoin, Gridcoin, Curecoin are the best examples for this. Then take a look at DOGE. An average coin without any groundbreaking features but with an excellent branding and very good marketing. The results? Well, everybody knows or heard something about DOGE but outside BTT nobody has a clue what the heck is Primecoin.

In current market coin name will not help - too many coins in the market. For first coins - yes, then that was very important. The same is in other product/services markets too - except FMCG market and some other exception markets, like new cars markets.