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Author Topic: what qualities does a coin need to survive this bear?  (Read 556 times)
trumper
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September 11, 2018, 09:56:29 AM
 #21

I don't think they need anything to survive this bear market all of them including bitcoin have crashed, most coins are below ico price now, if they will deliver a good product in the future they may rise again otherwise even exchanges delist them.

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September 11, 2018, 10:00:07 AM
 #22

No qualities even the best coins they say are even depending on its community. When there's no community that supports that coin it won't survive at all.

Low market cap, no/low volume trade shows that coin won't survive unless there's a huge news that will come to save it that will encourage its community to have and gain something. Doge has been popular as a memecoin and the community loves it so that's how its surviving until now even there's no more lead dev.

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September 11, 2018, 10:35:27 AM
 #23

does it need any? will there be a unifying characteristic that leaves certain coins standing where others have fallen?

i'm going to say that the less centralization there is, the greater the chance a coin has of living to fight another day.

a prime example of this is doge. it's been around for what feels like forever. no one's really in control of it. it wasn't created for the specific reason of lining the pockets of a small bunch of assholes. it's just overtaken zcash, the coin put together a bunch of geniuses, on coinmarketcap.

similarly unless it gets its act together litecoin will come out of it alot stronger than BCH for very similar reasons.

is there anything to that theory? is there anything else that you've noticed?



Doge is here for long time just because it is a very simply and friendly coin, most users start to use it at the very beginning of their crypto interest and it has some sentimental value for them - it is a key for long-term survival in my opinion. Recent Doge pump is due announced Dogethereum bridge, project that will allow Doge to use Ethereum network, this is why is overtaken Zcash.

Many coins will survive this market, most of people just look for ones that can bring them biggest profit - but besides Dogecoin who is last for so long time, if coin have no real purpose other then pump/dump it will fail with time. For example all forked BTC, I do not see any purpose for them to exist in long term, how they can be better then BTC or more accepted by people?

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September 11, 2018, 10:39:03 AM
 #24

based on what majority of people in altcoin market define survival it means a coin that only stays around and has minimal trading volume. nothing else is important. the coin can stop functioning or stop producing new blocks, they will call it "survival".
based on that definition almost all of the altcoins (at least 95% of them) will survive for a longer time even with all the dumps that are going on and eventually the pumps will begin.

however if we change the definition of "survival" to having real adoption apart from speculators then about 85% of them area already dead even though they may have very high prices.

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September 11, 2018, 12:12:36 PM
 #25

if the development team is strong and innovation in blockchain and coin team attend blockchain conference we can trust those coins and buy and hold those coins
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September 11, 2018, 12:20:44 PM
 #26

No qualities are required when you see DOGE.

it really has no quality because the coin will only depends on the users in the market even you have the good quality in the end the end users will judge you if your coin will last.

Maybe that's a kind of quality after all ?
Most peoples want a coin backed by a company because it mostly guarantee a development and (maybe) a ROI.
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September 11, 2018, 01:51:13 PM
 #27

I think that we need a ready-made product that people would use right now. because many coins so far only projects and so far only promise that in the future they will give something to us. and those that are already used in life are very few
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September 12, 2018, 07:58:42 PM
 #28

Decentralisation yes.

I would say another key characteristic is a 'shipped' product. A working product. So many of these projects / ICOs are priced on hype and pure speculation. Those that are out there and functioning I think are being valued for that function. Doge is just as good an example of this as Bitcoin!

Privacy coins too? I think the crypto bear market is coinciding with some crises in more traditional markets + countries experiencing hyper-inflation. Dash has stayed strong and I wonder if its adoption in Venezuela has something to do with that?

I'm invested in and interested in POS privacy coin Spectrecoin, it's got the best tech and remains 'undiscovered', but can't see that lasting too much longer, especially when they launch stealth staking.
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September 12, 2018, 08:30:55 PM
 #29

According to my own observations, I decided that bears choke any currency despite its advantages, etc. Sad...  Embarrassed
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September 12, 2018, 08:39:25 PM
 #30

Decentralization for sure, a clear and objective project, to follow the roadmap without paying attention to the price, and to count on the support of a community strong and interested in the project in the long term, not just speculate and get out.
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September 13, 2018, 11:19:04 AM
 #31

Decentralisation yes.

I would say another key characteristic is a 'shipped' product. A working product. So many of these projects / ICOs are priced on hype and pure speculation. Those that are out there and functioning I think are being valued for that function. Doge is just as good an example of this as Bitcoin!

Privacy coins too? I think the crypto bear market is coinciding with some crises in more traditional markets + countries experiencing hyper-inflation. Dash has stayed strong and I wonder if its adoption in Venezuela has something to do with that?

I'm invested in and interested in POS privacy coin Spectrecoin, it's got the best tech and remains 'undiscovered', but can't see that lasting too much longer, especially when they launch stealth staking.

Agreed

Some legit projects like Spectrecoin (successor of ShadowCash) with proof-of-stealth (or anonymous PoS staking) are definately would find its floor and soar with a next bull market on tech alone

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September 13, 2018, 12:20:36 PM
 #32

Decentralisation yes.

I would say another key characteristic is a 'shipped' product. A working product. So many of these projects / ICOs are priced on hype and pure speculation. Those that are out there and functioning I think are being valued for that function. Doge is just as good an example of this as Bitcoin!

Privacy coins too? I think the crypto bear market is coinciding with some crises in more traditional markets + countries experiencing hyper-inflation. Dash has stayed strong and I wonder if its adoption in Venezuela has something to do with that?

I'm invested in and interested in POS privacy coin Spectrecoin, it's got the best tech and remains 'undiscovered', but can't see that lasting too much longer, especially when they launch stealth staking.

Agreed

Some legit projects like Spectrecoin (successor of ShadowCash) with proof-of-stealth (or anonymous PoS staking) are definately would find its floor and soar with a next bull market on tech alone


There ICO’s that ate really against all odds will  stand because of its working products that's  really essential to the the life of the people like product that would make life  easier products that promotes technology services and the likes, ICO's like those will  not depend on the price of cryptocurrency movement it become independent to the market trends because many will patronize their products due to need.
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September 13, 2018, 01:00:06 PM
 #33

A good following perhaps? People believing in a coin would give it a good chance of keeping it afloat in times like these so developers should really put work in how they market their coins to the public.

 
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September 18, 2018, 10:47:45 AM
 #34

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.
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September 18, 2018, 11:32:35 AM
 #35

A good following perhaps? People believing in a coin would give it a good chance of keeping it afloat in times like these so developers should really put work in how they market their coins to the public.
Having a good team is essential for the coin to keep breathing, of course they'll be the one who will plan marketing strategy that will enhance their image in the community, yes some hype can help but not too much, might as well be beneficial in a long run.

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that.
A fresh idea likewise will be the edge of a coin over others as investors always look for something that will lift thus stand out in everything.

However, as we've seen new ico tokens, it's hard for them to reach even their ico price since many had lost trust to them otherwise no plans for buy back method. Better yet put our money to the strong ones.

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September 18, 2018, 11:45:51 AM
 #36

the main thing to survive in this bear is the product or platform and the community or the user, so these two points are very important to have a coin so they can survive and can quickly get up if the market has recovered. look at binance coin BNB, the BNB has a great product that is binance exchange and has a very large user.
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September 20, 2018, 07:55:45 AM
 #37

I don't think they need anything to survive this bear market all of them including bitcoin have crashed, most coins are below ico price now, if they will deliver a good product in the future they may rise again otherwise even exchanges delist them.
Actually at this stage, I would say a coin does not need any quality to survive much of the bear market as it will still cut across anyway. One might have said a product, but in the real sense, no project's product is being used in the real life for anything and the market is just simply speculative in nature at the moment. It is definite that with such speculative driven assets, the market will always move irrespective of the potential of the project in the long run, so I do not think any coin will need a particular quality to survive the bear market.

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.
Even with a completely new and different idea, nothing will stop a coin in this market from facing the bears when they come. There are so many coins with brilliant ideas and even rock solid products that are seriously undervalued at the moment as a result of the market conditions.

 I do not think we will need a soothsayer to tell us that in such scenario, no matter the support of the community, the market is highly speculative and until we start seeing real life usage before we start considering certain qualities to help keep the market strong in value and have a sustainable one.
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September 20, 2018, 09:17:29 AM
 #38

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.
If they have a new idea or different idea will be useless if they can't even create the product. Product is a main point why the majority of them are getting the funds from ico.
Look at some coins which have achieved their products and then they can survive in the bearish market and the price are so stable compared with another coin which has no product.

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September 20, 2018, 09:31:56 AM
 #39

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.
If they have a new idea or different idea will be useless if they can't even create the product. Product is a main point why the majority of them are getting the funds from ico.
Look at some coins which have achieved their products and then they can survive in the bearish market and the price are so stable compared with another coin which has no product.
It should be something useful and with continuous development, improvement and additional fearures that will stand out in crypto market, unique yet useful.
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September 20, 2018, 12:08:26 PM
 #40

its important there is an existing platform that can utilize the coin. any coin with no utility aside of trading wont survive.
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