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Author Topic: What kind of coin or token will be chosen and survive?  (Read 599 times)
bounceback
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May 25, 2022, 06:21:59 AM
 #81

It depends, if the old coin was any good and the developers kept improving it then even if another  altcoin appeared with the same characteristics then it is going to be difficult for a new coin that does exactly the same to beat it as the advantage it will have over other similar coins is going to be too difficult to overcome, however if the coin at some point became stagnant and it stop developing then you have a point and a new coin will eventually replace it.
But the fact is that there are many old altcoins that until now there hasn't been any development done on their projects like with LTC coins in the previous year Litecoin is one of the most attractive altcoins for investors, but since the arrival of new coins that offer better technology than Litecoin so make some investors left LTC coins, I think only ETH is the only old altcoin that is still loved by people today as the ecosystem continues to evolve.

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May 25, 2022, 07:48:14 AM
 #82

Fiat money will be here for a very long time, ignore those saying crypto will take over, it's never going to happen, the best that we can expect from crypto is surviving at the right hand side of Fiat money, this is what will keep crypto alive.
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May 28, 2022, 03:33:09 PM
 #83

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!
I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

Even though i am a fan of cryptocurrencies because they stand for financial freedom and decentralization, i just can't see it happen in my lifetime that cryptos will replace FIAT completely or even for the most part. This is not that good in my opinion because traditinal FIAT money is still controlled by the countries and by the federal banks which means no freedom for the it's "users".
I do think though that cryptocurrencies are defintitely becoming more and more accepted in the world slowly but surely and i also think that a lot of that has already happened in the last few years. I hope and think that the adoption of crypto continues with that speed in the coming years.

You are right and I think that one of the things why they are being accepted is because governments and banks cannot go against the tide, it is for this reason that now governments are giving BTC and crypto the go-ahead through regulations , so that is the way that governments will let BTC and crypto into the countries so that it is seen that they still have control even if they use cryptocurrencies, but this I think will be provisional, because people will seek to do everything anonymously without giving a cent to governments or banks, that is why any scenario in acceptance or adoption can occur.

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May 28, 2022, 03:49:41 PM
 #84

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?


In my opinion, in the next 5 or 10 years, crypto can't change fiat, but if it's 20 years or more, it's possible that cryptyo will compete with fiat, maybe transactions will use digital currency. that's my prediction.

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May 28, 2022, 04:12:16 PM
 #85

Ecosystem and hype token can be survive
 We have seen that Etherium, Polygon,Cosmo and Dot is still undervalued and every whale believe that these projects will survive. StepN project hype is looking so good and surviving even in bear market. Some fud down it's price but soon recovery is possible.

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May 28, 2022, 05:46:17 PM
 #86

If the existence has a purpose then it will survive or if there is another thing can be the solution then it can survive for a while but 99% of the coins and tokens created with no real purpose will exist here only for short time until the hype runs out.

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May 29, 2022, 01:53:13 PM
 #87

If the existence has a purpose then it will survive or if there is another thing can be the solution then it can survive for a while but 99% of the coins and tokens created with no real purpose will exist here only for short time until the hype runs out.
You have a point but even tokens created to solve a problem will suffocate at a certain point because new projects will overtake them by finding more viable solutions. That said, there is a good chance they will never get dumped suddenly as it happens with memes and fake coins like fake Squid Game tokens.

It's funny how anyone can create a coin or token they want within minutes and then it's all about who can do create the hype and advertise effectively wins the race. Even investors are so naive they usually get trapped within these advertising and influencer tweets and posts that they don't do any research and just blindly invest. It's time we as investors get smart and avoid investing in memes. If we don't invest in meme coins they will slowly dry up as developers will have no reason to make if people don't buy them.
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May 29, 2022, 02:06:53 PM
 #88

If the existence has a purpose then it will survive or if there is another thing can be the solution then it can survive for a while but 99% of the coins and tokens created with no real purpose will exist here only for short time until the hype runs out.
You have a point but even tokens created to solve a problem will suffocate at a certain point because new projects will overtake them by finding more viable solutions. That said, there is a good chance they will never get dumped suddenly as it happens with memes and fake coins like fake Squid Game tokens.

It's funny how anyone can create a coin or token they want within minutes and then it's all about who can do create the hype and advertise effectively wins the race. Even investors are so naive they usually get trapped within these advertising and influencer tweets and posts that they don't do any research and just blindly invest. It's time we as investors get smart and avoid investing in memes. If we don't invest in meme coins they will slowly dry up as developers will have no reason to make if people don't buy them.
Yeah I mentioned it too if the existing project solution is outdated due to the new projects then the project will fall overtime but as said the hyped project will get lot of attention and also give returns for the early investors but this will only last for the very short time basically until the whales extract all the juices and let the common people to suffer that is why we have to be careful while choosing our investment.

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June 05, 2022, 02:50:37 PM
 #89

Fiat money will be here for a very long time, ignore those saying crypto will take over, it's never going to happen, the best that we can expect from crypto is surviving at the right hand side of Fiat money, this is what will keep crypto alive.

I think that what you say is one of the safest measures that can be chosen, but it is the responsibility of those who want to risk and those who decide not to risk, in my personal opinion I am one of those who risk but in moderation, that is, I will not put all my money in a single currency or only in the crypto market, although to be more precise I trust BTC much more than gold itself, even though gold has a great history. And standing next to gold is not being closer to FIAT money, it is having the backing in value, which is what confuses many.


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June 17, 2022, 02:24:21 PM
 #90

If we have a lot of money then we can buy a BNB that has great potential to skyrocket, but if we want to start with a small value then I will not buy automatic, tron, cronos, loopring and so on, I'm sure if the market can improve and we are patient to long term we can become new millionaire.
Why not buy bitcoin while its price is on the lower side? BNB is facing some legal probing and its price is also low but we are here to make money and bitcoin the one coin that can literally guarantee profits in the long run.

Small cap altcoins might seem like a quick buy with a small capital at hand. But remember that these coins are often pumped and dumped after which that coin goes down into oblivion and never heard of again. If you are willing to take the risk, go for them but their long term value is often poor.

Instead stack up those small amounts into accumulating a bigger amount of bitcoin. Small fractions of bitcoin bought at regular intervals amounts to a bigger number, but one needs to start and stop bypassing into altcoins.

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August 11, 2022, 10:53:51 PM
 #91

Personally, I have no doubt that in the near future the market will change beyond recognition, a generational change will come, and Phaver  will be one of these recognizable brands.
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