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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Ken_terrance on November 26, 2019, 12:17:42 PM



Title: A coin that solves a problem won't die
Post by: Ken_terrance on November 26, 2019, 12:17:42 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that


Title: Re: A coin that solves a problem won't die
Post by: MATHReX on November 26, 2019, 12:54:20 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Your point is valid.
Ethereum has something that BTC never had and it took the already defined structure of BTC and improved upon it. (Smart contracts)
So did XMR which focused on privacy.
TBH, the top 50 coins in coinmarketcap are more than enough to solve most of the problems in the crypto space.
The problem comes when there are so many releases of new coins which are technically a fork of an already existing coin with nothing new in features, just that it has a new name or a new algorithm.


Title: Re: A coin that solves a problem won't die
Post by: #Darren on November 26, 2019, 01:01:40 PM
Without any questions, a coin that has a real use case that improves centralised analogs or creates something new will never suffer on market conditions. Unfortunately, as we all see there are no so much coins live at the moment that can offer something like this.


Title: Re: A coin that solves a problem won't die
Post by: jossiel on November 26, 2019, 01:13:49 PM
It is possible before but after the ideas came out that there should be some other coins then it all started. Actually, it's peaceful if we're just going to depend on very few coins. There's no need to have a lot of coins that solve different problems.

What are these new coins solving? the same problems and the existing ones that can be done by the old ones.


Title: Re: A coin that solves a problem won't die
Post by: DaMut on November 26, 2019, 01:22:17 PM
even if you are choosing a coin that solves the problem right now, it does not mean something better will not come up in the future.
yes you can choose a coin that has its use case but keep monitoring everything you have because something new might come up and replacing the old one that you currently have.


Title: Re: A coin that solves a problem won't die
Post by: desticy on November 26, 2019, 01:37:20 PM
In general, you are right. It is the presence of a working product and the solution of certain problems that distinguishes a good project from a bad one.
After all, any business works on the principle of solving set tasks that are taken from the field of unresolved problems in a particular area.

In this regard, the world of cryptocurrencies is multifaceted and capable of solving completely different types of problems in completely different areas.
Unfortunately, not every project seeks to solve any problems other than problems associated with the lack of money in the pockets of the developer.


Title: Re: A coin that solves a problem won't die
Post by: Hippocrypto on November 26, 2019, 01:37:30 PM
Without any questions, a coin that has a real use case that improves centralised analogs or creates something new will never suffer on market conditions. Unfortunately, as we all see there are no so much coins live at the moment that can offer something like this.

Few of these coins could be worthy for our trust, the rest would be nowhere to be found and could be shitcoins in the long run. If a certain coins will be useful for a specific product that uses crypto on purchases, that would always possible to solve several problems. This won't be out of the limelight, same with eth and other popular coins roaming at exchanges.


Title: Re: A coin that solves a problem won't die
Post by: Ucy on November 26, 2019, 01:43:11 PM
Better still, a coin that solves important problems and continues to adapt and improve in line with crypto values/principles won't die easily or will last long. The crypto world really needs the multiple cryptocurrencies for the sake of innovation and choices


Title: Re: A coin that solves a problem won't die
Post by: Kupid002 on November 26, 2019, 01:46:39 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
the question is what kind of solution they want to solve and if the things they want to solve can help investors to stay longer . The use cases is important factor but are they able to get enough liquidity and give more enough demand to the market that can help the price to get higher for long term.


Title: Re: A coin that solves a problem won't die
Post by: Marble777 on November 26, 2019, 01:51:33 PM
I think more with a few coins that have a good future and some coins that are bound by the system they have built and some coins that are already in high rank, those coins are certainly very good if we keep it for a long time but still everything control over crypto assets is with us so that when there is a right time to take advantage we can take it by continuously monitoring the development of the assets we hold.


Title: Re: A coin that solves a problem won't die
Post by: White Christmas on November 26, 2019, 01:58:35 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
The many coins that we have in the crypto space are the merrier in terms of solving the problems we have in this world because in terms of technology it is more likely in coins because blockchain technology in which we are considering that this is the future of the technology and may helps us to solve every problems in the world that needs advance technology, right? That was right that those coins that have use in the market will not die, for example those altcoins that has a used in the current market will never die because there is always a time that it will pump or fluctuate so it will not die or lose its use.


Title: Re: A coin that solves a problem won't die
Post by: target on November 26, 2019, 02:03:06 PM

Its not just the use case of the project that matters. If the government sees the project is centralized, they may be able to shut it down just like Ripples or Ethereum and if they do that your investments go with it. Exchange tokens are somehow very useful and profitable as well but its also centralized which is why some people still have doubts about it even when they need it while trading.


Title: Re: A coin that solves a problem won't die
Post by: 3DBrushes on November 26, 2019, 02:07:25 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
Yeah! We can't have one or two coins for every purpose but in the same way we cannot have many coins for same purpose. Say like there 10+ coins for money transferring or crypto bank related coins. Then what is the use of having so many coins like this?


Title: Re: A coin that solves a problem won't die
Post by: Vishnu.Reang on November 26, 2019, 02:09:22 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

The problem is that we have dozens (if not hundreds) of coins which are designed for the same purpose. And in the end, it turns out that none of them are 100% perfect for that purpose. Take the case of anonymous coins. Earlier there was only Monero. But now we have hundreds of anonymous coins, including Verge, Veil, Zcash and Deep Onion. And the problem is that none of these coins are able to provide 100% anonymity to the user.


Title: Re: A coin that solves a problem won't die
Post by: infarterr on November 26, 2019, 02:10:16 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
The fraction of the problem that you are describing in this post is like an advantage where one can solve the problem in his life, but it would be strange if we said that to a layman about cyrpto, because they would think how can a coin be solve problems in someone's life.


Title: Re: A coin that solves a problem won't die
Post by: shoreno on November 26, 2019, 02:13:26 PM
you might be right with your explanations above because btc did not exist alone .  i mean btc is not only the crypto that is being created but few month/year later eth suddenly appeard  . eth have been created because the dev's also know that btc do have lack of something and they invent eth to supply those feature that btc lack  . eventually people are not yet satisfied that they think that these two coins are not yet enough to solve their problems   , until then many cryptos and tokens are suddenly being created   .


Title: Re: A coin that solves a problem won't die
Post by: chaoscoinz on November 26, 2019, 02:43:14 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
I have to whole heartily agree with you brother. I think this may have been the reason that Mr. Satoshi Nakamoto had decided to choose the altruistic approach and make the Blockchain and Bitcoin an open source code.
His idea was genius, but combined with the collaborative work of others makes cryptocurrency unstoppable. Even if Bitcoin fails and becomes obsolete one day, the source code will live on within the foundation and backbone of other coins, made after Bitcoin and Block-chains likeness and image. Bitcoin is like the holy grail of cryptocurrency 8)


Title: Re: A coin that solves a problem won't die
Post by: mirgo1791 on November 26, 2019, 02:47:04 PM
with the future works as offering service of the DOGEM application for pupils of indonesia, developer team to work on customs with manage as appealing use as occupying the blockchain system on capturing of seeds on returns with the scripts on running as working with qualification, to notice of uses with the utilization on objective with the functionality on system as the service and more with expensive on uses as might to connects with the exchange market as referring uses with the business intelligence on gathering investors interest on disputing funds on option with the trading on market or more with collaborative action between companies.


Title: Re: A coin that solves a problem won't die
Post by: CryptopreneurBrainboss on November 26, 2019, 03:11:43 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

On a general note, altcoins aren't bad per se especially when they introduced something different that bitcoin isn't focus on just like the creation of decentralized applications which can be done with the ethereum blockchain. The industry can do without all the project claiming to be solving the border currency issues which bitcoin is already working towards solving. Understandable bitcoin hasn't handle the privacy issue effectively so when coins like Monero pops up, it's quite acceptable as it give bitcoin less responsibilities to handle and focus on just accomplishing the global currency dream.

Your point is exactly why I did this thread; Altcoiners, don't give up yet, Bitcoin can't do it alone.  (https://bitcointalk.org/index.php?topic=5187450.0) in my opinion for every problem available, supposedly we had just one project focusing on solving that problem then the nuisance of worthless coins all over the industry won't had been the case. Be cautious though as you pick interest to invest in project actually contributing to the industry as those that aren't innovative looses patronizers on the long run especially when new and superior project pick interest in solving that same problem.


Title: Re: A coin that solves a problem won't die
Post by: aardvark15 on November 26, 2019, 03:17:04 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

There are altcoins that will fill a niche that potentially Bitcoin can’t. Micro transactions for example could be a problem for Bitcoin if the fees stay this high. There are some altcoins that have very little to zero fees that can be used for very small transactions.


Title: Re: A coin that solves a problem won't die
Post by: NoirSuccubus on November 26, 2019, 05:18:56 PM
In my opinion, any coin can die because there is competition. Even if a coin solves some problems and is successful, it can be replaced by a more successful coin with better ideas. Although in general I agree with you.


Title: Re: A coin that solves a problem won't die
Post by: jets567 on November 26, 2019, 05:42:17 PM
In my opinion, any coin can die because there is competition. Even if a coin solves some problems and is successful, it can be replaced by a more successful coin with better ideas. Although in general I agree with you.

Your're point is valid since crypto is a free market wherein anyone can create a new project with same ideas but more developed compare to the old one. Competition is one of the main reason why we have many altcoins in the market so for developers aside from solving real-life problems they must be competitive also in order to stay long in the market.


Title: Re: A coin that solves a problem won't die
Post by: JCviggen on November 26, 2019, 05:43:02 PM
that is why we have so many altcoins right now. all existing coins initially want to solve some kind of problem, but half of them are lying and half are not. half of those who tell the truth - will not be able to survive due to competition and only a small part of those coins that we have now will survive and continue to benefit the cryptocurrency market and profit for investors


Title: Re: A coin that solves a problem won't die
Post by: Goodvalony on November 26, 2019, 05:51:25 PM
valid point that is why i stand with all the top coin in the CMC. the first 100 coins in coinmarketcap offers a unique service different from each other. the rest are copy cats. the reason why most token dies is because the use case is not visible. most coins that made the first 100 coins without solving any problem natural die after much exposure because most are build on scams and pyramid scheme.


Title: Re: A coin that solves a problem won't die
Post by: djkyno on November 26, 2019, 05:57:27 PM
That's correct. As long as the coin solves a problem, it is going to be used by the people more and its popularity will increase with time, and that's leading to increasing its trading volume as well. That's why all the successful recent ICOs have already a needed product to offer.


Title: Re: A coin that solves a problem won't die
Post by: irixo10 on November 26, 2019, 06:22:34 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

You just said it all but funny enough most team or developers are yet to understand this hence the large number of fake projects coming up at the same time a large number dying as well. You can't offer something with no value and expect it to last, it will only last at the interim due to hype and once the hype is off the true nature will be revealed. The sad truth is, only few coins are actually worth it.


Title: Re: A coin that solves a problem won't die
Post by: kro55 on November 26, 2019, 06:34:56 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Your point is valid.
Ethereum has something that BTC never had and it took the already defined structure of BTC and improved upon it. (Smart contracts)
So did XMR which focused on privacy.
TBH, the top 50 coins in coinmarketcap are more than enough to solve most of the problems in the crypto space.
The problem comes when there are so many releases of new coins which are technically a fork of an already existing coin with nothing new in features, just that it has a new name or a new algorithm.

Majority of coins are just peer to peer payment system nothing else and some are trying to give a solution that's entirely not feasible keeping in view the team behind the project. EOS is also a good project that is launched to solve the issue of scalability with DPoS consensus algorithm. There are gems but need our time and attention.


Title: Re: A coin that solves a problem won't die
Post by: Febo on November 26, 2019, 06:57:21 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

You are totally right. And those that believe there will be only few coins are extremely delusional.  But. There will not be two coins that solves same problem. This is important. Well there will be just that one will have 99.9% market share and other will be just for fun.


Title: Re: A coin that solves a problem won't die
Post by: Tylev on November 26, 2019, 07:35:34 PM
even if you are choosing a coin that solves the problem right now, it does not mean something better will not come up in the future.
yes you can choose a coin that has its use case but keep monitoring everything you have because something new might come up and replacing the old one that you currently have.

That's for sure. We see how fast cryptocurrency is developing. Even existing projects of coins and tokens regularly make changes and improvements, and this quite often causes our discontent. Therefore, competitors with improved functional characteristics will appear constantly, and if a cryptocurrency project was claimed first because of the usefulness of a working product, this does not mean that such a situation will always be maintained. There is competition everywhere, and especially in the cryptocurrency industry.


Title: Re: A coin that solves a problem won't die
Post by: govorrue on November 26, 2019, 08:27:11 PM
This is absolutely true and from my point of view, the value token and platform brings is a points that makes much sense. Cause these days there are many solutions entering the market, however there are not so many that solve some tasks and have real value and real benefits


Title: Re: A coin that solves a problem won't die
Post by: volport on November 26, 2019, 08:28:40 PM
This is absolutely true and from my point of view, the value token and platform brings is a points that makes much sense. Cause these days there are many solutions entering the market, however there are not so many that solve some tasks and have real value and real benefits

Afternoon everyone. Yes, I absolutely share your views. That's why there are ratings and more objective parameters that being taken into consideration, while analyzing one or another product. By the way, are you having many advanced platforms you follow these days?


Title: Re: A coin that solves a problem won't die
Post by: kceekcee on November 26, 2019, 08:30:53 PM
I want to proof a point
A coin that solves a problem can die if it does not adapt to changes and updates that happens around its blockchain world.

Bitcoin etherum and even xrp has adapted to different challenges over the years; and we have seen a token that solves problem die.

So project should not only solve problems
But adapt to changes, the world moves at a fast pace


Title: Re: A coin that solves a problem won't die
Post by: Pearls Before Swine on November 26, 2019, 08:32:54 PM
Okay, I would agree with op about the hypothetical coin that solves real world problems, but what about bitcoin?  It hasn't really solved a problem that has been plaguing the world for years, has it?  I fully understand its advantages, that it's bankless and doesn't depend on a gov't, but even in countries with hyperinflation it has not become a replacement for fiat.

Yet it's surviving.  It's doing so because it has proven to be a good investment, much like some of the bigger altcoins which also don't solve any real world problems.  A coin doesn't have to serve a purpose other than an investment in order to survive.  Bitcoin would have failed if that wasn't the case.


Title: Re: A coin that solves a problem won't die
Post by: govorrue on November 26, 2019, 08:34:52 PM
Afternoon everyone. Yes, I absolutely share your views. That's why there are ratings and more objective parameters that being taken into consideration, while analyzing one or another product. By the way, are you having many advanced platforms you follow these days?

Nope, not many. Probably 2 or 3 maximum. I am having many points I pay attention to - from the idea to innovations, team, roadmap, practical value and adoption. How about you?


Title: Re: A coin that solves a problem won't die
Post by: volport on November 26, 2019, 08:36:06 PM
Nope, not many. Probably 2 or 3 maximum. I am having many points I pay attention to - from the idea to innovations, team, roadmap, practical value and adoption. How about you?

Pretty similarly. And are there any examples you can come up with? Cause just curious to know the solutions you find being advanced. And of course, interested to have a look at them as well


Title: Re: A coin that solves a problem won't die
Post by: govorrue on November 26, 2019, 08:42:57 PM
Pretty similarly. And are there any examples you can come up with? Cause just curious to know the solutions you find being advanced. And of course, interested to have a look at them as well

Hmm.. The most advanced one from the ones I follow today is definitely Housinet - have you heard of the guys already? In few words, Housinet is the entire ecosystem for everyone, who is already in / planning to acquaint with real estate and property management market. There are many different benefits and opportunities from monitoring downtimes to managing your rentals, setting right prices and much more. Kinda you get best of it. In my opinion, pretty innovative thing today


Title: Re: A coin that solves a problem won't die
Post by: the rise on November 26, 2019, 08:50:25 PM
Okay, I would agree with op about the hypothetical coin that solves real world problems, but what about bitcoin?  It hasn't really solved a problem that has been plaguing the world for years, has it?  I fully understand its advantages, that it's bankless and doesn't depend on a gov't, but even in countries with hyperinflation it has not become a replacement for fiat.

Yet it's surviving.  It's doing so because it has proven to be a good investment, much like some of the bigger altcoins which also don't solve any real world problems.  A coin doesn't have to serve a purpose other than an investment in order to survive.  Bitcoin would have failed if that wasn't the case.
problem solving is also measured by the range of periods and what has been done. bitcoin cannot be instant to move in more complex conditions. at least the rate of adoption and use is always increasing.

I think bitcoin is just a conductor where stable coins will be more useful for dealing with hyperinflation. this is related to backed up which is used to strengthen the initial value.


Title: Re: A coin that solves a problem won't die
Post by: Mianae on November 26, 2019, 08:57:51 PM
To be honest we don't need much tokens around majority of these tokens are utility for payment purposes which can be done using Btc. Let's separate technology from tokens. Eth, XMR technology has nothing to do with their native tokens. Many people build upon eth network, that doesn't necessarily have anything to do with the native token.


Title: Re: A coin that solves a problem won't die
Post by: armanda90 on November 26, 2019, 09:18:19 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

So can you show me,what coins do you mean?
I hold bitcoin, ethereum and xrp for now,because in my opinion it can solve problems in the crypto space and the world.Maybe you can add another coin for recommendation to us and provide facts about how they solve problems in the crypto space and the world.


Title: Re: A coin that solves a problem won't die
Post by: tenakha on November 26, 2019, 09:29:50 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
I agree with you on this, but I have one question: What if there is better one in the future? The market has been developing every second, and none of us have been guaranteed as there will be no better in the future. Do not assume that any altcoin is the best and will live to the fullest. Today's best may be tomorrow's weakest.


Title: Re: A coin that solves a problem won't die
Post by: adjed on November 26, 2019, 09:34:17 PM
I don't agree with this at all, there are good coins out there with very active devs andd developed products but they are dying daily because traders tend to ignore them in exchanges in favour of coins that would give them huge profit in return, the majority of Cryptocurrency enthusiasts especially the ones that tend to invest their money are doing it for the gain and not the technology.

Check for example when the IEO tokensale model was still very hot, some too exchanges launched some IEOs with a brand new social media account, no whitepaper and no team and no real concept and one of the most notable is the Emoji Network (LOL) IEO that was held in Huobi, bit it still sold out within seconds!.


Title: Re: A coin that solves a problem won't die
Post by: Bananington on November 26, 2019, 09:40:11 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
Most altcoins have use cases "on whitepaper" which is not applicable in real life. It's true that before deciding to hold coin for long term, it's good to consider the use cases (problems it solves). However, sometimes the market doesn't really work as perceived, I have been holding NPXS because I really liked PUNDIX POS product, but right now the coin has dumped badly over time. Sometimes it takes grace to make profit from long term holding, even with one's research and considerations before investing.


Title: Re: A coin that solves a problem won't die
Post by: ATSgrowth on November 26, 2019, 09:43:28 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
And that is the problem, look what makes coin worthy today - exchange listing and hype on social media sites, thats all. No use, no working products and that is not only the problem of small coins, but also coins from top 100 are coins that can´t give you any working solution.


Title: Re: A coin that solves a problem won't die
Post by: dimox on November 26, 2019, 09:46:13 PM
they will suffer longer than other crypto because of their advantages. but is there some coin still exist because of the team, they can bring and survive in this way. mostly people hold coin because its famous, the famous will be more profitable than crypto that have advantages in real life.


Title: Re: A coin that solves a problem won't die
Post by: nutriagrigia on November 26, 2019, 10:02:56 PM
they will suffer longer than other crypto because of their advantages. but is there some coin still exist because of the team, they can bring and survive in this way. mostly people hold coin because its famous, the famous will be more profitable than crypto that have advantages in real life.
many people now hold some kind of coins in their portfolio because they believe in their future. someone invested in coins in 2018 and now they have very big losses. they just don’t want to sell their shitcoins and therefore they suggest that these coins have a future


Title: Re: A coin that solves a problem won't die
Post by: auntyjmary on November 26, 2019, 10:09:45 PM
In the near future, when cryptocurrencies gets the necessary backing and support, people would appreciate the real use. Obviously, almost all cryptocurrencies were created to provide some form of solutions to the challenges affecting humanity. That is why blockchain technology came into being, as many projects have been built with various ideas to make things better for  everyone.


Title: Re: A coin that solves a problem won't die
Post by: Mike Mayor on November 26, 2019, 10:41:25 PM
This is why I will only invest in something with something to show. Promises are not enough. They are empty and people need a hell of a lot more than just an idea and some website or something. It takes much more to make a project. Most of the time I read these Ann threads I ask myself "but where is the project?" Making money is all about solving a problem. Find a problem and then solve it. It seems it is a difficult concept to grasp for these devs. I think they are lazy and it never makes sense to me especially when you see some of the efforts they put into their websites. Of course, it could always be bought I guess.


Title: Re: A coin that solves a problem won't die
Post by: Callanta787 on November 27, 2019, 01:31:28 AM
To be honest i personally think that 10 different coins is still very small to solve all problems because there are many different paths that digital currencies can be implemented for humans needs, this is why its good to check out some new coins as well and make sure that they fix a problem before adding them to your portfolio


Title: Re: A coin that solves a problem won't die
Post by: Henrytrust on November 27, 2019, 02:06:29 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

It's an absolute fact that a project that solves a problem should stand the test of time, but that's not in all cases, especially in this space where several projects are buried daily due to the inherent risk of the cryptocurrency space. It takes much more effort to withstand the pressure and uncertainty of the market and even when everyone thinks a project is doing well, it could still go down.


Title: Re: A coin that solves a problem won't die
Post by: Aabcde on November 27, 2019, 02:29:11 AM
I think not only can it be useful in real cases but it is also supported by a solid team. Because no matter how good the project and how useful the coins are, if the team is not solid it will be impossible for the coins to last for the next 10 years. Don't fall asleep with real use cases because we don't know when they will exit. And the exit is done by the person, not the coin.
So the point is, a team or dev that is solid and far-sighted will survive in the following years.


Title: Re: A coin that solves a problem won't die
Post by: TastyChillySauce00 on November 27, 2019, 02:31:17 AM
The problem, there are actually many of project that proposing the idea to solve some problem (well if there's no problem to begin with I'm pretty sure that there'll be no such project) but after they did their ICO or IEO can't really solve the problem as their idea is failed or they have poor execution. The only problem that I can see being solved is remmitances and to act as an online currency which the solution is Bitcoin and you see most of the project that are appearing all about smart contract platform which actually only provide solution to the nonexistent problem after so many being deployed because we don't actually need that much of smart contract platform. There are project that propose to solve problem in medical field, decentralizing the centralized platform including social media but as far as I can see none of them really working out.


Title: Re: A coin that solves a problem won't die
Post by: Fundamentals Of on November 27, 2019, 02:38:16 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

That is well said. The best way for a coin to survive and in fact grow is to have a product that is based on a particular demand from the public. If a project is creating a product based on their own and does not even reflect the need of the public, however good the product is it will not succeed. Real use cases will make the product in demand and the coin as well.


Title: Re: A coin that solves a problem won't die
Post by: leowonderful on November 27, 2019, 02:39:19 AM
Not necessarily, though there really isn't one perfect solution for anything in general. Some coins that have solved problems have died off through becoming obsolete over the years for various reasons, or the problems that those coins solved just didn't apply to many people in the first place or only applied to a small number of the population, and plenty more of the top coins and tokens according to Coinmarketcap don't have any real-world problem solving ability, either; Unus Sed Leo from Bitfinex serves mainly just as an investment, yet it's still rated as the #13 coin on CMC and #13 on Coingecko.


Title: Re: A coin that solves a problem won't die
Post by: dimonstration on November 27, 2019, 02:45:25 AM
I think not only can it be useful in real cases but it is also supported by a solid team. Because no matter how good the project and how useful the coins are, if the team is not solid it will be impossible for the coins to last for the next 10 years. Don't fall asleep with real use cases because we don't know when they will exit. And the exit is done by the person, not the coin.
So the point is, a team or dev that is solid and far-sighted will survive in the following years.
The support team that focuses on development and does provide ways to still managed to develop their project even the market is falling, we need to see the team being dedicated in their goal for us to invest also and will patiently wait till they recover and supports them.


Title: Re: A coin that solves a problem won't die
Post by: gabbie2010 on November 27, 2019, 02:48:17 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
This is the beauty and diversity in the  use of cryptos this is were research will come into play, So many projects out there are mainly for problem solving however choosing the right coin with a future prospect is the major task, of course bitcoin and ethereum are already established and prosperous coin I would have prefers a coin whose value is at the lowest ebb but with a good project and prospect for investment.


Title: Re: A coin that solves a problem won't die
Post by: ecnalubma on November 27, 2019, 02:54:32 AM
Thats how we should measure when we invest in cryptocurrencies it will be very risky if we dont know the nature of the particular coin we invest. Its very challenging nowadays to scout good projects because even if they have use cases it will also a big challenge for companies to increase demand and pump sales.


Title: Re: A coin that solves a problem won't die
Post by: arwin100 on November 27, 2019, 02:54:54 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

That is well said. The best way for a coin to survive and in fact grow is to have a product that is based on a particular demand from the public. If a project is creating a product based on their own and does not even reflect the need of the public, however good the product is it will not succeed. Real use cases will make the product in demand and the coin as well.

However we cannot see those existing and although there are few who release a product still struggles for the current market condition and I really think the only thing who can solve the problems are the stable coins since they are the one who's been doing great and can we trust to safe keep for the falling market coming these days. But I really hope there's a company who will step up for crypto scene with huge fundings to truly support there coins to counteract the falling market.


Title: Re: A coin that solves a problem won't die
Post by: TheClownSong on November 27, 2019, 04:55:34 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Coins that are suitable for long-term investment are those that already have a product. By owning a product, a coin or token will continue to be traded in the market, especially if the project is able to make a profit, I think investors will continue to hunt for the token or coin and expect profits from the company.


Title: Re: A coin that solves a problem won't die
Post by: bittraffic on November 27, 2019, 05:08:01 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Coins that are suitable for long-term investment are those that already have a product. By owning a product, a coin or token will continue to be traded in the market, especially if the project is able to make a profit, I think investors will continue to hunt for the token or coin and expect profits from the company.

Seen projects launched their product but token now is dead. Unfortunately there is no guarantee that a coin that solves problem will not really die, its all up to the community supporting the project. For users to support it means it really will have a good impact to them not just because of the price  though its one of the factor. I wouldn't use ETH if it drops so much that disappoints me anymore. I would rather be going into ADA that way i'm way getting them for a very low price. What problems does your coin solve may not really be for a long term which is why devs discuss about scalability.


Title: Re: A coin that solves a problem won't die
Post by: arwin100 on November 27, 2019, 05:12:23 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Coins that are suitable for long-term investment are those that already have a product. By owning a product, a coin or token will continue to be traded in the market, especially if the project is able to make a profit, I think investors will continue to hunt for the token or coin and expect profits from the company.

Seen projects launched their product but token now is dead. Unfortunately there is no guarantee that a coin that solves problem will not really die, its all up to the community supporting the project. For users to support it means it really will have a good impact to them not just because of the price  though its one of the factor. I wouldn't use ETH if it drops so much that disappoints me anymore. I would rather be going into ADA that way i'm way getting them for a very low price. What problems does your coin solve may not really be for a long term which is why devs discuss about scalability.

I'm so disappointed with those projects who told that they will be great when there product release and turned out nothing even though they released their product that's why as of now I rather go with stable coins if I want to store safely and without worrying on volatility or just go with the top coins for profitibility. And discussing with devs on what will happen in future is useless since for sure no one of them will tell bad or struggling words since they don't want there supporters get upset on them.


Title: Re: A coin that solves a problem won't die
Post by: TanakabZX on November 27, 2019, 05:14:39 AM
And now we have too many repetitive coins that is why many projects are failing, once a project manages to introduce something new many copycats will rise from the ashes , my advise is for investors to make sure that all the coins they tend to keep are not copycats of other coins


Title: Re: A coin that solves a problem won't die
Post by: joseyphil82 on November 27, 2019, 05:29:37 AM
1. Stay away from deflationary tokens, they all have no real use cases, the only one that has use cases with deflation is Chellecoin
2. Stay away from repetitive projects or copied projects, the problem is we have too many copycat projects e.g monero is the first privacy coin and now we have way too many privacy coins
3. Grab yourself a fresh coin with fresh use case they tend to surge in value real quick


Title: Re: A coin that solves a problem won't die
Post by: ajiz138 on November 27, 2019, 05:40:52 AM
but not all new projects can easily replace old ones. Old projects that are able to solve problems and have many benefits will stay alive and can coexist with new projects that are able to compete.

the most important thing is to monitor every new or old project to find out which will last.


Title: Re: A coin that solves a problem won't die
Post by: jessyj48 on November 27, 2019, 05:47:45 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Coins that are suitable for long-term investment are those that already have a product. By owning a product, a coin or token will continue to be traded in the market, especially if the project is able to make a profit, I think investors will continue to hunt for the token or coin and expect profits from the company.

Seen projects launched their product but token now is dead. Unfortunately there is no guarantee that a coin that solves problem will not really die, its all up to the community supporting the project. For users to support it means it really will have a good impact to them not just because of the price  though its one of the factor. I wouldn't use ETH if it drops so much that disappoints me anymore. I would rather be going into ADA that way i'm way getting them for a very low price. What problems does your coin solve may not really be for a long term which is why devs discuss about scalability.
Yes tokens that solves a problem can still die but atleast its better to invest on them than investing on coins with no real use cases, projects that solves problems and die are failed projects, that died due to a tangible reason unlike scam projects


Title: Re: A coin that solves a problem won't die
Post by: Snowwy on November 27, 2019, 08:55:23 AM
You have a valid point. Real life application plus other things will determine the extent at which a coin will continue to stay relevant in the industry. Though many projects always tagged themselves as a platform that have better business models than conventional models but most of them always find it very difficult to sell their solutions to the masses


Title: Re: A coin that solves a problem won't die
Post by: tippytoes on November 27, 2019, 09:00:35 AM
You have a valid point. Real life application plus other things will determine the extent at which a coin will continue to stay relevant in the industry. Though many projects always tagged themselves as a platform that have better business models than conventional models but most of them always find it very difficult to sell their solutions to the masses

Getting active users is one of the major hurdles to succeed for a particular project. Okay, you found your use case in the market, but the next question is - how many are using your product or app or service? Because without those consumers, even if you have a sterling business model, you will not survive in this very competitive market. So one thing that you should look for a project are those real and active users of the platform, not only the number of registrants but the actual consumers of their services.


Title: Re: A coin that solves a problem won't die
Post by: Obito on November 27, 2019, 09:20:54 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
Yes they do exist for a reason but problems are existing not because they cannot be eradicated but because they are continuously occuring to the point that we thought that we solved it but another one would occur. There is no such as perfect, everything has flaws. Even bitcoin that some people think its perfect but other alts occur to fultill bitcoin shortcomings. Solving problem either one or two or more than three won't satisfy majority but rather would be cap to fill a hole. Besides alts are created for one clear designated purposes.


Title: Re: A coin that solves a problem won't die
Post by: karanggatak on November 27, 2019, 11:20:09 AM
yes I agree with you only coins that have good technology that can solve problems, have real uses, and have a trading volume that can last a long time in the crypto market. although coins can solve a problem but not having trading volume will be dead coins. trading volume is also important for the going on of a coin on the crypto market.


Title: Re: A coin that solves a problem won't die
Post by: Emilyearl on November 27, 2019, 02:42:05 PM
Poor business management can make even the most valued asset fall in value. Utility does not sustain a token price, the project must be managed effectively to compete with others. There has to be continuous development of such project to make it relevant always.


Title: Re: A coin that solves a problem won't die
Post by: cryp24x on November 27, 2019, 02:59:00 PM
That is really true in an ideal world.  I hope we will really produce coins or tokens that will really solve problem/s. I think this will really help the crypto space to grow and develop more.  It will surely serve the people its maximum potential to produce profit at the same time a significant coin that will last for a lifetime.


Title: Re: A coin that solves a problem won't die
Post by: bison on November 27, 2019, 02:59:46 PM
Poor business management can make even the most valued asset fall in value. Utility does not sustain a token price, the project must be managed effectively to compete with others. There has to be continuous development of such project to make it relevant always.
periodic developments that will be considered by investors for the project. but sometimes the decline in confidence also comes from bad news that occurs in the market and it makes the project development becomes disrupted. if it's like that, with bad market conditions it will be very difficult to develop projects and get a positive response from the market.


Title: Re: A coin that solves a problem won't die
Post by: Oyimeelijah on November 27, 2019, 03:45:08 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

it is very true what you posted and i see a lot of sense in it. but have you thought about the fact that we have 2 - 3 different coins trying to solve same challenges? there are infarct so many duplicated functions currently and that alone can be the very reason why they don't get to see the light of day after listing in an exchange. its a good thing we have the first 50 coins on coinmarketcap, they are solving a lot of challenges already.


Title: Re: A coin that solves a problem won't die
Post by: Vishnu.Reang on November 27, 2019, 03:51:25 PM
Poor business management can make even the most valued asset fall in value. Utility does not sustain a token price, the project must be managed effectively to compete with others. There has to be continuous development of such project to make it relevant always.

The term "continuous development" has become a rarity in the current market. Very few of the projects have managed to honor the previously decided timelines. In many of the cases, the promoters vanished as soon as they could dump their tokens. And the most tragic thing is that this included many of the promising projects which came online during 2017 and 2018. 


Title: Re: A coin that solves a problem won't die
Post by: starblocks on November 28, 2019, 04:35:06 AM
You are correct if there is a real world use case and demand for an asset it is unlikely to become obsolete unless it is superseded by something newer and better which happens often in the cryptocurrency world so make sure that if you are investing for long term choose technologies that are built to last and primarily this is Bitcoin with optionally Ethereum and a few other top alternatives


Title: Re: A coin that solves a problem won't die
Post by: bgaf on November 28, 2019, 04:46:40 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

I think there are different use cases for coins and that's why this belief has a point. If bitcoin can do all other coin or tokens worth then no need these what we called altcoins. Also different users prefer different kind of approach which some project totally unique. I like eth network so much more than bitcoin though bitcoin is a good asset which is likely to be the most useful in the current time.


Title: Re: A coin that solves a problem won't die
Post by: matchi2011 on November 28, 2019, 04:49:04 AM
That is really true in an ideal world.  I hope we will really produce coins or tokens that will really solve problem/s. I think this will really help the crypto space to grow and develop more.  It will surely serve the people its maximum potential to produce profit at the same time a significant coin that will last for a lifetime.
Good point. If there's a project that have real usage and able to help solving concern then it will survive and have good support from more investors.
The surviving factors of this kinds of coins will be much higher than those speculative without any potential use. Those projects will just die naturally.
Nothing aside from pump and dump will happen to project that no real intentions to solve any venue or any help that can provide.


Title: Re: A coin that solves a problem won't die
Post by: joseyphil82 on November 28, 2019, 05:56:07 AM
It thus makes sense to figure out which coins are good for long term or short term hodl, few coins are good but their roadmap will reveal their upcoming plans so for few years things might die down, this type of coins are only good for short term


Title: Re: A coin that solves a problem won't die
Post by: horrifiedx1 on November 28, 2019, 06:40:58 AM
It thus makes sense to figure out which coins are good for long term or short term hodl, few coins are good but their roadmap will reveal their upcoming plans so for few years things might die down, this type of coins are only good for short term
for coins that do not have real products I think it is difficult to develop in the long run unless they already have a good community, and even then I think it is difficult to develop. therefore choosing a coin that has the potential for the future is very good for the short term or long term, because it is safer



Title: Re: A coin that solves a problem won't die
Post by: dadon on November 28, 2019, 07:02:09 AM
 "Infinite private markets"..? Hell yeah :P


I know A few problems this solves can you spot them?



So What exactly is “Market Management" (aka private marketplace/storefront creation) you ask?


"Market Management is a new tool that significantly changes how Particl’s marketplace behaves and is interacted with. It is, simply put, an added functionality that allows anyone to create public or private user markets and storefronts. Whereas Particl’s Open Marketplace used to be the only Particl marketplace available, it will now be one out of an infinite amount of user markets or storefronts that anyone can create. It will, however, remain as the default marketplace, meaning anyone installing Particl Desktop will have access to and see this giant public marketplace."

+ Learn more about other features making their way to mainnet along side market management.

* Adjustable Escrow

Another key feature required to make seller adoption way easier is the ability to adjust the escrow rate.

* Available Markets

The Available tab of the Market Browser displays all publicly available markets. In other words, it gives you quick access to all the markets that have been either publicly listed or promoted.

* Market Browser

Another huge component of the Market Management tool is the Market Browser — a completely new section of Particl Desktop where you can browse, join, manage, flag, and promote markets.

* The seller profile

 A seller profile represents one user on the marketplace and many profiles can be set up on the same Particl Desktop client. It can be connected to multiple markets or storefronts at once.

* Identities

Identities are essentially Particl wallets. An identity’s public key is used to view markets, purchase products on them, and moderate its content while the private key is used to list products on them and process orders.

* Promote a Market

Promoting a market lists it on top of the Market Browser and adds a “promoted” icon next to it. Anyone with access to a certain market can promote it by paying a small promotion fee that is then redistributed, in full, to stakers of the Particl network.


https://particl.news/market-management-is-next-3e35356d5de0#14de


Title: Re: A coin that solves a problem won't die
Post by: tianglistrik on November 28, 2019, 07:15:34 AM
It thus makes sense to figure out which coins are good for long term or short term hodl, few coins are good but their roadmap will reveal their upcoming plans so for few years things might die down, this type of coins are only good for short term
for coins that do not have real products I think it is difficult to develop in the long run unless they already have a good community, and even then I think it is difficult to develop. therefore choosing a coin that has the potential for the future is very good for the short term or long term, because it is safer


to make a real platform is actually not difficult, you only pay the programmer to make it. but the concept becomes the main right of the real platform, if the concept is made to solve a problem in the community then the project can compete, if not it will be difficult for them to develop.


Title: Re: A coin that solves a problem won't die
Post by: albrots on November 28, 2019, 09:43:28 AM
It thus makes sense to figure out which coins are good for long term or short term hodl, few coins are good but their roadmap will reveal their upcoming plans so for few years things might die down, this type of coins are only good for short term
It is important to see what Roadmap they have is correct and on track. Coins that have many benefits and can solve various problems will be an option, but you also have to look at the whitepaper owned by the coin / project, in the whitepaper will write all the objectives of the project.
You also need to choose which coins you want to hold and the goal is long term or short term.


Title: Re: A coin that solves a problem won't die
Post by: rdewilde on November 28, 2019, 11:42:18 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

A coin that solves issues is what we want, although there are few of them we still want more as they are the type of coins which set this space on the Path of mass adoption. Most coins today are not worth it, nothing to show for, once the hype dies the real colour will be seen. Another issues is that team nowadays only cares for themselves am still trying to find those that will stick to bringing value which in turn will make their platform or project last long term. Coins like Eth, XLM are growing each day despite the nature of the crypto space because they are solving problems.


Title: Re: A coin that solves a problem won't die
Post by: Kvalentine on November 28, 2019, 12:26:04 PM
All top 10 coins on coinmarketcap have high rating because they are solving real problems but we need more, most new projects of today have good ideas of what they can solve but the teams have other bad intent and they never live up to their promises, mass adoption is what i personally hope for, its the only way that this blockchain of a thing will become part of our daily lifes


Title: Re: A coin that solves a problem won't die
Post by: K4C on November 28, 2019, 12:51:01 PM
It depends on your definition of dead but if you mean that the token price would not fall, then you need to rethink that, let's take EOS for example, so.many decentralised applications has been built there, infact EOS blockchain has one of the biggest daily transactions of any Blockchain and still, check it's price history and tell me if you notice anything amiss.


Title: Re: A coin that solves a problem won't die
Post by: imstillthebest on November 28, 2019, 12:56:16 PM
All top 10 coins on coinmarketcap have high rating because they are solving real problems but we need more, most new projects of today have good ideas of what they can solve but the teams have other bad intent and they never live up to their promises, mass adoption is what i personally hope for, its the only way that this blockchain of a thing will become part of our daily lifes

when a coin or a project is too promising ( e.g promise to solve all problems ) it is likely that its scam and not real  . there are no such coin as that because even top coins that you saw on the market cap still have a lack on purpose  .  i agree on the title of this thread  . a useful coin wont die becuase it will always get a deman because people need it but bad coins or useless coins are still dying from time to time which is good so that it save's investors from spending thier cash on less valueable coins  .


Title: Re: A coin that solves a problem won't die
Post by: Whilemost on November 28, 2019, 01:03:10 PM
yes, it is impossible to have one or two coins in the cryptocurrency space because one or two coins cannot solve all the problems because of the current high demand of the market and the need for abundance and abundance. Options for investors.


Title: Re: A coin that solves a problem won't die
Post by: dadon on November 28, 2019, 02:21:48 PM
We will eventually see money drain from 90% of alts and consolidate in the 10% +/- of project that have actual working infrastructure so make sure your in one of those when it happens.


Title: Re: A coin that solves a problem won't die
Post by: KillerInk on November 28, 2019, 02:27:15 PM
Yes. As we all know the cryptocurrency market is very diverse and there are many good choices. But if there are only one or two coins no matter how big you grow, it probably won't solve many problems.


Title: Re: A coin that solves a problem won't die
Post by: bittick on November 28, 2019, 02:44:48 PM
It thus makes sense to figure out which coins are good for long term or short term hodl, few coins are good but their roadmap will reveal their upcoming plans so for few years things might die down, this type of coins are only good for short term
for coins that do not have real products I think it is difficult to develop in the long run unless they already have a good community, and even then I think it is difficult to develop. therefore choosing a coin that has the potential for the future is very good for the short term or long term, because it is safer


to make a real platform is actually not difficult, you only pay the programmer to make it. but the concept becomes the main right of the real platform, if the concept is made to solve a problem in the community then the project can compete, if not it will be difficult for them to develop.

if you are saying to create a real platofrm is not difficult and there will be no a lot of scam platform these days. You are thinking about you can pay anything and that will go based on your plan but you are very wrong in this case. You must think how to make it survive, how to maintain your platform, how to attract the users and many more.


Title: Re: A coin that solves a problem won't die
Post by: DeathProxy on November 28, 2019, 03:34:46 PM
You have made a very valid point.  It all boils down to usecase, overtime i have discovered that coin with usecase awlays stand the test of time,  even in a serious bear market coin with usecase tends to bounce back after a heavy dump, unlike those coins that are without usecase and are only used for pump and dump, they tends to die off  easily at the sight of every dump.  So for any investor that wants to invest in any token try to buy those with a working product which can stand the test of time


Title: Re: A coin that solves a problem won't die
Post by: safem on November 28, 2019, 06:55:25 PM
Majority of the coins in crypto that have great beneficial potential are usually with long lasting value. These particular coins are normally with long term project plan. Investors that understand the rate at which such coins will benefit them will give it all it takes to invest into such coins. The value of such beneficial coin will keep rising as time progresses. Not all coins are greatly beneficial to investors except for few ones which may be far fetched. Any investor that wants highly beneficial coin to invest into should carefully search for it. Such coins that have great potential to immensely profit the investors should be kept for long term hold as the price value increase is possible as each day goes by.


Title: Re: A coin that solves a problem won't die
Post by: Rcoinmoon on November 28, 2019, 08:40:56 PM
Typical example of such coin is bitcoin and Ethereum, and for me I think if you take out every other coin those two will stand and represent.


Title: Re: A coin that solves a problem won't die
Post by: TopTort777 on November 28, 2019, 08:52:54 PM
What problem does dogecoin solves? :D Coin is in #30 in coinmarketcap and not even looking to die, even though wikipedia describes it as a joke coin.


Title: Re: A coin that solves a problem won't die
Post by: dataispower on November 28, 2019, 09:10:40 PM
All top 10 coins on coinmarketcap have high rating because they are solving real problems but we need more, most new projects of today have good ideas of what they can solve but the teams have other bad intent and they never live up to their promises, mass adoption is what i personally hope for, its the only way that this blockchain of a thing will become part of our daily lifes
Blockchain technology  is already paving way in many sectors, even though crypto is yet to be adopted mainstream. I really like a point you made about some new projects having good project aim but some team members have bad intentions. This is true because most team members nowadays will give up on the project when they meet their target and cash out. If these projects continue in this manner, the farther away crypto adoption in real life will be.


Title: Re: A coin that solves a problem won't die
Post by: Chuky92 on November 28, 2019, 09:52:53 PM
This is the truth most people are yet to know or already know but chose not to follow it because they are only after immediate profit anticipated from a project and nothing more. It's high time we start understanding this and thus giving high reference to these types of projects. An example is BTC or ETH, both are the most valued coins because they have an issue they are solving, and anyone holding them hardly panics unlike others with no use case.


Title: Re: A coin that solves a problem won't die
Post by: pixie85 on November 28, 2019, 10:47:55 PM
What problem does dogecoin solves? :D Coin is in #30 in coinmarketcap and not even looking to die, even though wikipedia describes it as a joke coin.
It solves a problem of people who lack sense of humor :D

Dogecoin is a meme coin made to make fun of pumps and hype and it was expected to be worthless but the community just won't let it die. To prove a point maybne? I don't know.

99% of coins don't solve any real problems. Like casino coins. You can use any other crypto in a casino why would you choose a special coin to bet with or to buy computer games with?


Title: Re: A coin that solves a problem won't die
Post by: Perfect35 on November 28, 2019, 10:53:26 PM
It is not just about solving problem, but also what type of problem is it solving. I gave seen a lot of projects that claim to solve problem, yet they end up failing. Some even go as far as taking money from investors and then a nuptial flight, with outright disappearance. Well, @OP, you are right, however, we still need to get careful.


Title: Re: A coin that solves a problem won't die
Post by: jajorforce on November 28, 2019, 11:30:52 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
Some token are following Binance path, one coin but using case two with others plans. But still some coin are dying. Did you hear about Cco very dump coin but still investors have strong trust. As your rules Binance coin has real use case and several service, Now BNB has Binance USD.


Title: Re: A coin that solves a problem won't die
Post by: swivel1983@gmail.com on November 28, 2019, 11:31:57 PM
You're absolutely right. One coin will not solve all the problems and as soon as there are new coins that will be really useful to society, they will be successful. That's for sure. I believe that we are moving towards this. Over time, useless altcoins will simply disappear and only the necessary ones will remain.


Title: Re: A coin that solves a problem won't die
Post by: Pinkris128 on November 28, 2019, 11:36:30 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Relevance is one of the keys for the coin's survival. As long as the coin is useful for many and meets what it promised, it will surely succeed and has greater chances to expand more in the industry. Likely, this world has many problems to be solved that we indeed need more than one coin for it.


Title: Re: A coin that solves a problem won't die
Post by: letyouearn on November 28, 2019, 11:59:06 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Don't really think this condition is enough here. Things are changing very fast in the modern world, especially when we are talking about IT technologies and crypto market.


Title: Re: A coin that solves a problem won't die
Post by: stephanirain on November 29, 2019, 01:34:15 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Don't really think this condition is enough here. Things are changing very fast in the modern world, especially when we are talking about IT technologies and crypto market.

Aside from being useful to enough number of people to sustain the coin, good advertising strategy also plays a critical role in the survival of the cryptocurrency. The features and function of the crypto would be not useful if the public does not even know it is existing.


Title: Re: A coin that solves a problem won't die
Post by: judeafante on November 29, 2019, 02:14:34 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

As long as they have support, as long as they have usage they will remain in the market, coins become shitcoin or die because they are useless and they do not have a community, this is one of the things that you should look for in a coin before you invest and if you invest on this coin of coin better dump it.


Title: Re: A coin that solves a problem won't die
Post by: TastyChillySauce00 on November 29, 2019, 02:23:55 AM

Aside from being useful to enough number of people to sustain the coin, good advertising strategy also plays a critical role in the survival of the cryptocurrency. The features and function of the crypto would be not useful if the public does not even know it is existing.
That's usually the real problem here and people always forget that recognition by the community means a lot. It doesn't matter if your product is as good as those released by big companies but what's more important is the marketing strategy. You can have the shittiest coin ever existed and if you can get the marketing right people would still use the coin anyway. So in the case of coin, utilization is really important and I can't deny that but so is marketing strategy.


Title: Re: A coin that solves a problem won't die
Post by: albrots on November 29, 2019, 02:57:13 AM
This is the reason why when there was someone who intend to invest on altcoin I'll give a suggest to choose the coin based on the function. I mean, first time before you spend money see its coin function first not just because there is many people who suggest you an altcoin because in their imagination the altcoin price will high in the future.
Therefore it is necessary to educate the other about the altcoin project which has many real functions and benefits.
But sometimes there are projects that have good benefits, clear goals and vision and mission that has been arranged neatly, but the project was not successful because of poor marketing strategies.


Title: Re: A coin that solves a problem won't die
Post by: awik p on November 29, 2019, 03:42:10 AM
This is the reason why when there was someone who intend to invest on altcoin I'll give a suggest to choose the coin based on the function. I mean, first time before you spend money see its coin function first not just because there is many people who suggest you an altcoin because in their imagination the altcoin price will high in the future.
Therefore it is necessary to educate the other about the altcoin project which has many real functions and benefits.
But sometimes there are projects that have good benefits, clear goals and vision and mission that has been arranged neatly, but the project was not successful because of poor marketing strategies.
besides the poor marketing strategy, unsupportive market conditions, it makes it difficult to find investors. investors prefer coins that are already circulating in the market and coins that are clear, thus minimizing their risk. and the impact on new projects that are devoid of investors, even if the project is good



Title: Re: A coin that solves a problem won't die
Post by: Jercyhora2 on November 29, 2019, 04:11:24 AM
There are so many coins continue out of nowhere, the important factor that investor should know is what utility use of the coin they hold.


Title: Re: A coin that solves a problem won't die
Post by: aakay on November 29, 2019, 06:17:02 AM
Totally correct. And this is the concept many projects this days fail to understand.


Title: Re: A coin that solves a problem won't die
Post by: SabrinaBianka on November 29, 2019, 06:43:09 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
You are absolutely correct. Every use cases there has a coin for that. And if your coin doesn't use cases today or for the future better to sell it now why the price is good. But real thing we need to do is to know first the valuable thing of the coin that we wanted to hold for more that a year.


Title: Re: A coin that solves a problem won't die
Post by: JC btc on November 29, 2019, 06:50:47 AM
This is the reason why when there was someone who intend to invest on altcoin I'll give a suggest to choose the coin based on the function. I mean, first time before you spend money see its coin function first not just because there is many people who suggest you an altcoin because in their imagination the altcoin price will high in the future.
Therefore it is necessary to educate the other about the altcoin project which has many real functions and benefits.
But sometimes there are projects that have good benefits, clear goals and vision and mission that has been arranged neatly, but the project was not successful because of poor marketing strategies.
besides the poor marketing strategy, unsupportive market conditions, it makes it difficult to find investors. investors prefer coins that are already circulating in the market and coins that are clear, thus minimizing their risk. and the impact on new projects that are devoid of investors, even if the project is good



What I hate most of the project is that they are only depending their fund to people, they are not investing their own fund, they are just waiting and waiting and relying on marketing team, they don't ask for their connections to get involved with it which means for me that they don't much value their work, that they didn't give everything they can for this, so why will I trust them too.


Title: Re: A coin that solves a problem won't die
Post by: Kvalentine on November 29, 2019, 07:05:03 AM
With the way things are in crypto space now i think its all about the teams experience, no matter how good the idea of the project is only the team can make it live up to its standards


Title: Re: A coin that solves a problem won't die
Post by: waitforme on November 29, 2019, 07:31:26 AM
Each cryptocurrency was created to serve a purpose. For bitcoins used to pay etherum is used to deploy smart contracts. Other cryptocurrencies born later have many advantages and are better supported by the programmer but still cannot replace the previously created cryptocurrencies. The problem is user demand, the popularity of that currency. We have too many ideas and overlap each other. Copying ideas of projects will lead to competition.
Currently the majority of cryptocurrencies have held an ICO, IEO is still in the stage of the idea of ​​no real product. The market is in the purification phase. We will have to wait a few more years to see results.


Title: Re: A coin that solves a problem won't die
Post by: TopTort777 on November 29, 2019, 10:20:45 AM
Each cryptocurrency was created to serve a purpose. For bitcoins used to pay etherum is used to deploy smart contracts. Other cryptocurrencies born later have many advantages and are better supported by the programmer but still cannot replace the previously created cryptocurrencies. The problem is user demand, the popularity of that currency. We have too many ideas and overlap each other. Copying ideas of projects will lead to competition.
Currently the majority of cryptocurrencies have held an ICO, IEO is still in the stage of the idea of ​​no real product. The market is in the purification phase. We will have to wait a few more years to see results.

I've already pointed dogecoin. What is the purpose of that coin? What advantages does it have ? (except small transfer fees)


Title: Re: A coin that solves a problem won't die
Post by: ololajulo on November 29, 2019, 05:16:37 PM
The space is getting competitive and most project are trying to design products that can thrive among similar projects. This demands for different solution proffered by a coin, with feature of security, tokenomics, roadmap that contain staggered development that attract new investors. A coin that solves problem but not secure, no reliable or discipline team behind it can die. It is quite difficult to see a coin with no problem to solve but they still die


Title: Re: A coin that solves a problem won't die
Post by: ije07 on November 29, 2019, 06:28:06 PM
For long-term coins, there are definitely many choices for now such as some coins that have been registered with CMC and they have a rating of 1-100, of course it is very convincing for us to hold for the long term because some coins in the ranking have very little risk for bankruptcy coins.


Title: Re: A coin that solves a problem won't die
Post by: (o)(o)ilikeboobs(o)(o) on November 29, 2019, 06:41:04 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
facebook's libra would be that coin, but goverments take it as a harm for their own economy, but I think they have their excuses.
but, anyway, I think that problem would very hard to solve


Title: Re: A coin that solves a problem won't die
Post by: TanakabZX on December 02, 2019, 05:59:35 AM
Seriously we can see more coins that will be over hundred that have their own separate things they fixed in crypto world, this doesn't mean we have too much coins, the fact is bitcoin can't do this all alone, its impossible


Title: Re: A coin that solves a problem won't die
Post by: Novatech8 on December 02, 2019, 06:32:51 AM
Failure is still bound to happen, if you can take your time to do some research you will see that not all dead projects are bad or aimed to scam investors, few are failed experiments and some just failed for one reason different from scam exit


Title: Re: A coin that solves a problem won't die
Post by: nicolas1979 on December 02, 2019, 06:39:50 AM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Every coins has same change to survive, you're right but I believe every coins solve something and that's why developer launch it as a project. Old strategy is only trading and investing use bitcoin, this is psychology trends leader will stay on top. Unfortunately I already leave crypto market, so I can't use your method but I'll use it next year.


Title: Re: A coin that solves a problem won't die
Post by: PuertoLibre on December 03, 2019, 07:06:52 PM
Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that

Every coins has same change to survive, you're right but I believe every coins solve something and that's why developer launch it as a project. Old strategy is only trading and investing use bitcoin, this is psychology trends leader will stay on top. Unfortunately I already leave crypto market, so I can't use your method but I'll use it next year.
Just focusing on the real problem-solving skills of the team is not a good idea, sooner or later the degradation will hit that project too. The greedy human psychology will force the investor to look for another project after liquidating the invested funds on the first project. And it becomes a loop like in other financial markets.  The next year will be interesting to watch due to the overestimated expectations of the investors after the long bear market.