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Author Topic: A coin that solves a problem won't die  (Read 493 times)
Pinkris128
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November 28, 2019, 11:36:30 PM
 #101

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.

 
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November 28, 2019, 11:59:06 PM
 #102

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.

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November 29, 2019, 01:34:15 AM
 #103

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.

 
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November 29, 2019, 02:14:34 AM
 #104

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.

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November 29, 2019, 02:23:55 AM
 #105


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.

 
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November 29, 2019, 02:57:13 AM
 #106

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.

 
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November 29, 2019, 03:42:10 AM
 #107

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


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November 29, 2019, 04:11:24 AM
 #108

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.

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November 29, 2019, 06:17:02 AM
 #109

Totally correct. And this is the concept many projects this days fail to understand.
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November 29, 2019, 06:43:09 AM
 #110

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.

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November 29, 2019, 06:50:47 AM
 #111

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.

 
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November 29, 2019, 07:05:03 AM
 #112

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

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November 29, 2019, 07:31:26 AM
 #113

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.

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November 29, 2019, 10:20:45 AM
 #114

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)

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November 29, 2019, 05:16:37 PM
 #115

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

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November 29, 2019, 06:28:06 PM
 #116

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.

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November 29, 2019, 06:41:04 PM
 #117

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

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December 02, 2019, 05:59:35 AM
 #118

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

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December 02, 2019, 06:32:51 AM
 #119

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

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December 02, 2019, 06:39:50 AM
 #120

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.

 
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