WHAT ARE THE FEATURES OF A GOOD COIN?

[8count]

As a newbie,  I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?

Any good coin needs 4 things IMHO

1. Good product with real world usage.
2. A team that is balanced and capable in all sections related to the product and blockchain. Also communicates with its community/supporters.
3. A big community behind it supporting it.
4. Marketing done well.

[colkcolk]

As a newbie,  I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?

No fix features that can assure the value raise in the market as there are lots of manipulation by the speculators, but for long term I think good coin will be known by the excellent project profile such as the team competencies, capabilities, and experiences, the services offered to public from that project to create demand of the tokens/coins.

[Devanomrz]

Their project successfully implemented
And many people use it
If more people want it
The coin price will up too
Because they need to buy the coins before use it

[kmil91712]

As a newbie,  I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?

A good coin can never be judged by the market. The market is more concerned with the price of the coin than what problem the coin can solve in the world. There are great coins that are undervalued because they cant be pumped and dumped.

So what are the features of a good coin?

i. It should solve a problem in the world and not just be a copycat
ii. It should have a real use case
iii. It should be backed by a great team because this will make it last long.

Excellent input, I especially agree with the team part, a lot of work is required and it cannot be done alone.

[Jericka D Ranillo]

Good team can have a good coin. Good platform will have a high potential coin. Good roadmap will have chance to raise the price. Partnership will lead the team at the pinnacle of success. Good website will attract community. Professinaly done whitepaper and detail will give good insight for the readers

[jakebell]

I am pretty agreed with @ Mihawk. He has pointed the features I was thinking.

[dollarneed]

A good coin I think must be decentralized, the cost is cheaper, and of course faster and also adopted by masses. However, there is no particular standard to state whether the coin is good or not since everyone has their opinion regarding this topic and will produce a different answer according to what that person wants, that's why altcoin borns to cover the feature that bitcoin has not and the person wants.

[bitcoinman93]

As a newbie,  I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?

usually the coin increases the value when some new features or platforms are launched, so people start using the coin as natural event to use the features it's offering.

[KryptoKai]

The development team and roadmap is important. There must be something in the pipeline that can push the value up like an application for binance. These days however, privacy is a big issue so picking a privacy focused coin is likely to be profitable in future

[TonyPlayMore]

I do not really like to understand all the new coins, I'm used to buying famous and reinserted coins, but I know that some new coins that are very small, can fly very quickly and enrich their owner,

[jusertvaz]

I buy only known coins from the top 20, I do not know how to determine which of the new coins can fly, so I do not risk it and buy proven coins, but I know that there are coins that can fly up to 1 dollar and higher from 1 cent price

[muncuss]

I assume by purchasing capability you mean the amount of exchanges that trade it, or the amount of ways people can buy it.

Obviously its easier to buy bitcoin then say Digibyte...

Yes that would be a feature of a good coin, aside from that the reasons why some coins raise in value is subject to debate...after 4 years in these markets I have come to conclusion that the biggest factor for why a coin raises has to do with the hype associated with it. It could have little tech but a wide amount of optimism that leads to raise in value.

no, hype doesn't indicate coin quality, it's to know potential price rise. hyped coin can up 10x in a week but good coin can up 100x steadily in months. good coins have a good product so they have constant demand and price rise

[Vasyan]

a good coin is first and foremost a good technology that can help people make life easier, if the technology that the company promotes will be successful, then the coin will increase in price, so it is necessary to study the product that the company offers before buying a new coin

[TelegAda]

Features of a good coin is probably the fact that it is well protected and will be widely used in the future. Only here to know what it will be used a lot in some industries, no one knows. Well, a good sign is that the speed of the transaction she has fast. Having 3 such features, the coin will be well valued in the cryptocurrency market.

[fabskie21]

The best feature that defines a good coin/project is its utility. If its product is deemed to be useful/ can be developed as time passes by, then you can expect a brighter future ahead for that certain coin.

[Killrbit]

As a newbie,  I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?

In General look at the btc value rather than usd value. Look at marketcap rather than the price of the coin (4 dollar ripple is not cheap).

As for the actual product firstly see that they actualy have a working blockchain (verge anyone).

Look at how large the community around it is.

Look at who controls the mining, whether it is a pre-mined coin, Who controls how much of it (again to say ripple is decentralized when the company control 60% of all ripple is just blasphemy).

See whether the team has delivered on their promises and deadlines. Or whether they just make announcements to pump and dump the prices.

Dont just beleive nonsensical claims made by team or the whole tokenize the world bullshit. The fact is that a lot of industries and sectors dont need to be decentralized and and that centralization does have its many benefits.

I as a rule stay away from coins that say xyz industry is worth trillions/billions of dollars and if we manage to even capture 1-5% of the market my coin will be worth this many dollars. I also as rule stay away from coins related to music/ entertainment/ adult industry(vice and such and such)/ farming and other bullshit fields.

Remember that while there is a lot of scope for growth, crypto currencies are primarily being used for speculation today. So when ico make these sort of bold claims its generally better to stay away/stick to bitcoin. You will get more opportunities.

Anonymity coins(monero/z cash) by the way are hugely undervalued and are always a good bet/will always have massive usecase.( offshore banking/hawala/quietly moving large amounts of money) May be unethical but its been part of the world for thousands of years. Best not to be naive about it.

[sachindu amarakoon]

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Thank guys

[sachindu amarakoon]

Hi guys,

I think THEKEY.it is the best project and good features.

What is TheKey?

THEKEY Project is a world-leading solution provider in IDV (identity verification) industry. The project is planning to leverage innovations in Blockchain and Smart Contract technologies to develop second-generation IDV (identity verification) solutions. THEKEY is built on the NEO blockchain. THEKEY will co-establish a smart economy which consists of digital assets, digital identity, and smart contract together with NEO.

Thank you!

[craZyLovE0916]

The features of a good coin include the following;
A good product that will be useful to people for years to come as this is what will ensure that the coin will be used for a long time which will ensure that the coin will only have value.
Another one is a loyal community behind the project, it is what helps a project grows because if people see how loyal investors are, then they are more inclined to invest in the project.

[panaevewan]

Bitcoin is tied to popularity.. or rather the number of people believing in him (as blasphemous...). And the rest of the crypto-currencies are tied to bitcoin... Now we should wait until the crypto-currencies begin to be introduced into something fundamental, so as not to depend on anything. For example, Ethereum claims to be a new system of international transfers SWIFT that inspires optimism