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Author Topic: Coins or Utility Tokens?  (Read 524 times)
worldtraveller321 (OP)
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December 25, 2019, 12:49:10 AM
 #1

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat

worldtraveller
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December 25, 2019, 01:36:14 AM
 #2

I hate tokens, they are parasites piggybacking on somebody else's blockchain. It is incredibly annoying that not only you need to get the token, but also the coin that owns that blockchain to move things around. Sometimes their wallets hide this, but is a serious hindrance.

I have disdain for altcoins in general, but at least use your own blockchain...

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Kupid002
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December 25, 2019, 04:20:43 AM
 #3

More of the tokens is just a waste of many. If you continue investing in token you may experience many lost. Ill never say you will not experience lost in coins but in tokens this things will always happen.

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December 25, 2019, 04:49:11 AM
 #4

What would I want? Great platforms that actually use bitcoin and increase it's adoption. It's almost 2020. I think it's a good time(and well overdue) to stop looking for unnecessary coins and tokens that are being created unnecessarily.  By now you would think that people would already realize that most coins/tokens exists just to enrich the creators, but nope. People sure does love looking for the "nExT BiTcOiN".

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December 25, 2019, 01:06:45 PM
 #5

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat

This discussion should be part of altcoin discussions.

Frankly speaking, I wouldn't diversify my portfolio into any new tokens or coins rather than few big names like bitcoin, Eth, Litecoin, EOS etc. No matter how good the project looks like!

Can you please give me a list of 5 utility tokens that are successful till date? All of them are just vanishing out within few days/weeks of launching! It doesn't make sense to invest in utility tokens any more! That market is dead!

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December 25, 2019, 02:37:55 PM
 #6

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat
I'm more interested in coins where I can be a part of them buying or mining, but if the tokens seem like they only look stiff in development that doesn't look unique, but most tokens are too easy to print so many scammers easily fool many people there with its scam project

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December 25, 2019, 02:55:20 PM
 #7

If the new coin still will work as a store of value coin while no one is mining it, I'd just go for the token with utility that I can invest since it can be added  on DEX. Token build as ERC20 can be added on DEX, you can dumped them whenever you want. A coin developer will have to wait til an exchange will be interested in adding its coin. Both of them can be dumped eventually and all that will be left are the loyal supporters of the project ( likely the dev team)
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December 25, 2019, 03:27:59 PM
 #8

I hate tokens, they are parasites piggybacking on somebody else's blockchain. It is incredibly annoying that not only you need to get the token, but also the coin that owns that blockchain to move things around. Sometimes their wallets hide this, but is a serious hindrance.

I have disdain for altcoins in general, but at least use your own blockchain...
i'm also hate all tokens and i think now most of the token projects are scammed this year.so, i'm always avoid all tokens and try to earn crypto coin.
topbitcoin
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December 25, 2019, 03:32:48 PM
 #9

I will pick on coin. Maybe with coin, i see more efforts when create it. That is just the basic, from test A, test B, make sure no problem with blockchain. And sometime we can see a coin must be set up for longer time before launched. With only that thing usually i prefer on a coin, and then for now i still like old coin that already in market than new token, either it is security, or utility or anything else.

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December 25, 2019, 03:43:25 PM
 #10

I used to like Utility Tokens before, but now I don't, even, I hate them. All we know they are created from many different projects with different purposes, but in the development process, many crooks have planned and created useless tokens, in one way or another, they use utility tokens to cheat investors, all that is generated is useless tokens. And finally, when the market is saturated, they become garbage, they also make the market more difficult to distinguish, like a supermarket full of trash.

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December 25, 2019, 03:59:18 PM
 #11

I will like to see more of utility tokens. And to those who scream they want only Bitcoin, I implore them to seek the opinions of those who bought Bitcoin at ATH and are still hodling to find out how they feel. My point is - every business involves risk. Bitcoin isn't a Safe Haven. It also has it loses just like investing in altcoins does.

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December 25, 2019, 04:44:25 PM
 #12

I used to like Utility Tokens before, but now I don't, even, I hate them. All we know they are created from many different projects with different purposes, but in the development process, many crooks have planned and created useless tokens, in one way or another, they use utility tokens to cheat investors, all that is generated is useless tokens. And finally, when the market is saturated, they become garbage, they also make the market more difficult to distinguish, like a supermarket full of trash.

For now, I hate those ERC20 tokens too, as most of them are scams, they are just used by those scammers that even a not so knowledgeable in blockchain can create their own tokens, so I don't really rely on them, I don't trust much of them as there were tons of scams using ERC20, so I am checking coins right now which has a potential.
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December 25, 2019, 04:55:58 PM
 #13

Most of the utility tokens that came up during the ICO/IEO season are not doing well. i would rather prefer investing into a coin with a use case which drives its liquidity within an established ecosystem. Some masternode coins are doing great and one project that i would encourage you all to keep an eye on is the Divi project. I think it might turn out to be something great in future.

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December 25, 2019, 05:23:38 PM
 #14

For now, I hate those ERC20 tokens too, as most of them are scams, they are just used by those scammers that even a not so knowledgeable in blockchain can create their own tokens, so I don't really rely on them, I don't trust much of them as there were tons of scams using ERC20, so I am checking coins right now which has a potential.

ERC20 Token was once very popular in the world of cryptocurrencies, however, it was the scam that lost its place in the community. Too many tokens are created just to steal investors's money, about 80% of those projects are scams. Now, it almost disappeared from the community.

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December 25, 2019, 05:42:31 PM
 #15

There are some quality security tokens out there, but in regards of utility tokens I am yet to see a sustainable token ecosystem that supports its value. There were a lot of projects built upon Ethereum, but I'm sure that most of its value is speculative. To answer your question I don't have a preference between the two options. When I look for a potentially valuable I look at its intrinsic value no matter by what is that given - asset-backed, utility, means of exchange.
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December 25, 2019, 06:47:15 PM
 #16

If it's about the long-term system, there's no chance for a new coin or token to survive, there are a lot coin/token out there which has implemented all the ideas, features and needs of the cryptocurrency ecosystem. the competition now is how to survive in the market.

Don't expect too much from new coins or tokens.
So my answer is clear: i don't want to see either of both.
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December 25, 2019, 07:19:39 PM
 #17

personally choose coins because they are stable for their own network ecosystem and are stronger in short-term fluctuations, but also interesting to follow the development of tokens from the beginning to past the mainnet stage etc. I analyze more in terms of the potential they have and how they struggle in development that can convince all parties.

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December 26, 2019, 03:00:50 AM
 #18

What would I want? Great platforms that actually use bitcoin and increase it's adoption. It's almost 2020. I think it's a good time(and well overdue) to stop looking for unnecessary coins and tokens that are being created unnecessarily.  By now you would think that people would already realize that most coins/tokens exists just to enrich the creators, but nope. People sure does love looking for the "nExT BiTcOiN".

I think otherwise.  It is great to see new tokens and coins that caters the needs of people.  More competition, more development on the table.  We must accept the fact that there are other project ambitious developer that wanted to lead a project and implement their goals ang plans.  With Bitcoin alone, these developer won't have any chance of showcasing their skills and showing their skills is also healthy to Bitcoin economy because there will be lots of testing grounds (altcoin projects) for Bitcoin future technological development.
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December 26, 2019, 03:12:43 AM
 #19

They are used for different purposes so I wouldnt say that coins are only needed and tokens are not needed. I would say that tokens are used for small companies/industry that are only used for payments or something like that. They focus on the physical business while the teams who created coin is much focus on the technology itself. To conclude they are both important but I would pick coins because I love innovation on technology.
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December 26, 2019, 03:19:38 AM
 #20

At present time in the crypto space. Yes there are more and more projects coming up every day. New coins and tokens. What would you rather see more of this time that be more useful to you?

Coin or a Utility token that can be earned by doing something else?

Why do you think a Coin is what you want to see?

Or Why would you want to see more Token projects?

or why you would not want to see either of both

Tell us your reasons why. this be neat
I still prefer utility token rather than coin. Utility means your token has utility usage that can be used in the platform while coin has no usage to be used on the platform.
I wanna see more and more token projects as long as that will be utilized and that token can be compliance with the regulation, Im also wanna seeing utility coin too.
I would not wanna see both become token and coin only and they worth nothing.
A token or coin without utility usage can be considered as a crap coin/token.

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