Ramzes555
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September 20, 2018, 12:12:20 PM |
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any coin must have a strong community and an interesting idea that can solve the problem of people. I think these qualities should be owned by each coin
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Tamilson
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September 20, 2018, 01:14:24 PM Last edit: September 20, 2018, 01:43:33 PM by Tamilson |
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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. Useful to the extent that there will be the demand and the team nor dev should take full responsibility to this like they have a good marketing strategy that will make their token to be in demand nor create the demand if it's necessary. Perhaps if not, the devs are really a mess.
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Zadicar
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September 20, 2018, 01:14:46 PM |
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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. ROI will always matter and come to think of that most of us jumped in into this market for the sake of profit making and only a few will really just be serious or concern to see the project that can last for long term. There are really coins in the market which is underrated which their prices are way too low compared to those coins which doesn't really have any use but it just being hyped up and that's why its price do pump. Surviving this market would always matter on community support because no matter how good it is if theres no support then it would still end up on nothing.
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Landakhitam
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September 20, 2018, 01:17:21 PM |
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any coin must have a strong community and an interesting idea that can solve the problem of people. I think these qualities should be owned by each coin
But as long as the platform's team is serious and dedicated, the token will survive. Also it needs to have in my opinion some real life usage in the near future for it to survive and be adapted within the cryptosphere.
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Leah38
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September 20, 2018, 02:35:12 PM |
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Good day. I think the developer has to love his own coin. Continuous developments and usage. Many developers seems to create alts one after the other and jut leaving the old coins behind after the team having collected their profit leaving the investors behind. The strength of the coin to withstand bearish markets is the trust of the community on the developer and the coin itself. Well that's what I view it. Could be correct, could also be not the case.
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Vit83
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September 21, 2018, 05:43:51 AM |
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IMHO coin must have a great popularity, real usage, and solid development team. This will take it through all bear markets. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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sinkfish
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September 21, 2018, 08:57:20 AM |
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Strong utilization, coin with no purpose are useless, as long the coin can relate to people daily use, the coin have strong potential. centralise or not, its actually doesnt matter, as long the coin can be use, price is stable and fast.
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ChrisPop
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September 21, 2018, 09:22:32 AM |
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All coins and tokens will decrease in value in a bear market, but only the strongest will survive it. By strong I mean the ones that have real products and working ecosystems. There are a few who will literally rocket launch once we get back into a bull market so you might wanna keep an eye out for that.
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henmark
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September 22, 2018, 11:37:48 AM |
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any coin must have a strong community and an interesting idea that can solve the problem of people. I think these qualities should be owned by each coin
For a cryptocurrency to survive, it must have few qualities like liquidity and wide acceptability. Both of these qualities are widely found in Bitcoin and ETH and that is the only reason these two crypptcurrencies have grown so big over time. Government intervention can also play important role in promoting the investment pattern in different assets so if your government is in favor of introducing a new system.
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Samarkand
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September 22, 2018, 12:20:51 PM |
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IMHO coin must have a great popularity, real usage, and solid development team. This will take it through all bear markets. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Which altcoin does actually have real usage? Apart from Bitcoin and Ethereum no cryptocurrency is seeing a meaningful amount of transactions. Even blocks from altcoins in the top 10 by market cap contain less than 50 transactions most of the time. The entire cryptocurrency space is built around speculation at the moment and there isn´t any real usage. Popularity is also a terrible metric, because it changes all the time. Just take a look at once popular coins like Nxt and where they are now.
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Vieni
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September 22, 2018, 10:04:27 PM |
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one thing is usability. and also technology. if these things are not present this coins will not survive with the bear market.
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Eugenar
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September 22, 2018, 10:31:59 PM |
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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?
Popularity I think would play a huge role for the success of a crypto. Popularity would generate high demand which would be in favor for a particular crypto and would positively affect the future of it. On this complicated market, crypto should be popular in order to withstand the continuous downfall in the market which kills many cryptos especially those which are new in the market.
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Penuzel
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September 23, 2018, 03:04:20 AM |
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Now it's very much a coin that is already useful but left by the developer because there is no fund to back up the price or there is no clear cash flow from the coin or the basic concept of the coin is made failed. maybe a coin that can be useful at this time is what really can be used in real life and or coins that are supported by large companies such google or facebook . it sounds like there's no coin will be like that, but one day it can happen.
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maldini
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September 23, 2018, 04:19:56 AM |
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indeed, a non-centralized coin has a better ability to pump higher, but I always refer to investor interest. I always go with the flow where these investor investors invest. Of course the coin will have good potential. The surviving coins are coin coins that are needed by others, the coins that become urama sources like btc and eth might be cheap now but I think the bull will come and this coin will make a profit for you
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kaya11
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September 26, 2018, 05:06:44 AM |
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In my opinion it's the fame and trust of the coin. People who want to feel secure of their assets want a secure investments and for the long-term. Developers should make a strong appearance in the mass, make the people at ease and free of worries that the coin they invested in will be priceless. People will start to worry if the founding it is in turmoil or not organize at all. Most of the new projects are not unique anymore and just wanted to make another replica of BTC. So this is a battle where the strongest coins will survive, imagine in 2020 if there is still blockchain how much new coins would be created and one coin will be on top of another.
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Froy
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September 26, 2018, 05:41:30 AM |
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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?
No matter how cynical it may sound, only a dead coin can show stability in this market. A centralized it or not, it's all the same when the whole market in motion and growth with a fall change every other day. The main thing for a coin seeks to become a leader, like an ether or bitcoin, then there will be insignificant but stability.
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