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Author Topic: Coins or Utility Tokens?  (Read 524 times)
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December 26, 2019, 10:53:30 AM
 #41

Coins are a better shout, but not the new ones. All coins and tokens have failed to perform well during the whole year and the best coin was BTC. In top 20 altcoins there are tokens, so the choice is obvious.

I saw so many coins created and almost all of them failed and died since they don't have any use they are just been created for maybe simple transactions or other more while utility tokens creates a demand and more demand will create a price pump but actually I don't really see this one in reality since there so much utility tokens has been killed maybe their owners didn't do anything good to cover up their markets.

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December 26, 2019, 11:50:52 AM
 #42

Personally I don't like tokens, there are alternative own blockchain coins waiting for the right time. The investors should decide they will use the utility tokens in their daily life or they want to invest in the security type of altcoins. The utility tokens are not widely used by the world population, the investors have desire to make money and convert their gains to fiat.

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December 26, 2019, 02:05:00 PM
 #43

in my opinion today people prefer coins to tokens. tokens generated and issued by the ICO project. and now we know that most of the ICO projects currently are scams. and tokens are created on another blockchain. while coins stand on their own blockchain. I think tokens have a greater risk of loss than coins. most tokens cannot develop and disappear. so in my opinion it's better to choose coins than tokens.

 
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December 26, 2019, 02:20:57 PM
 #44

Definitely more people prefer pennies than tokens. But I personally think that coins or tokens are not important, the most important thing is the feasibility of the project. We have seen a lot of coins fail and many tokens have achieved great success.
The important thing when I decide to invest in a project is the development team, the product, the development roadmap, etc., not because it's a coin or a token.


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December 26, 2019, 02:47:08 PM
 #45

Nowadays, there are many digital cryptocurrency projects. At that time, they were really valuable, and the projects that could actually be implemented were rarely seen. As an investor, you need to see the prospects of the project and then consider whether to invest in it.

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December 26, 2019, 03:08:15 PM
 #46

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.
It is good that every project is not creating their own blockchain; it is preventing wasting of lots of resources. These days getting/buying any popular coin must be easier than anything else we can do in this crypto space. I'm really surprised on seeing this comment. For example, to move an ERC token, we must need to have some ethererum balance for the reason of paying gas. But, getting ethereum is not a big deal.

Sometimes their wallets hide this, but is a serious hindrance.
Making it visible is not a rocket science; just a google search will help you exactly. Your complaint looks like you are too lazy to learn new things like you are not comfortable anything beyond what you are doing for years.

I have disdain for altcoins in general, but at least use your own blockchain...
There are a lot of advantages when these projects are not using their own blockchain. You never need to run 100s wallets; that will occupy lots of disk space and consume data.

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December 26, 2019, 03:17:32 PM
 #47

I think the coin will gain more investor confidence than the token. The coin has its own ecosystem that makes investors appreciate. In contrast, being so easy to create a token makes it easy to become a junk and the development team easily dropped it.
Surely we have not forgotten the ICO boom, mainly tokens on the ERC20 platform, the majority of them are now rubbish and do not bring anything.


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December 26, 2019, 03:32:04 PM
 #48

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

Regardless of being a coin or token, the project can only be successful if the public really found it to be relevant, popular and useful. With these factors, the survival of the project after it is launched, will increase. But maintaining these factors are difficult and other factors such as government laws can have a great impact on them. Initially, investors look for profitable projects so, having realistic goals can make the project look more sustainable thus, many investors will follow.

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December 26, 2019, 03:54:50 PM
 #49

in my opinion today people prefer coins to tokens. tokens generated and issued by the ICO project. and now we know that most of the ICO projects currently are scams. and tokens are created on another blockchain. while coins stand on their own blockchain. I think tokens have a greater risk of loss than coins. most tokens cannot develop and disappear. so in my opinion it's better to choose coins than tokens.
You must know the difference between a coin without utility and token with utility. utility is a real value when it comes to the usability of the platform. utility becomes the main requirement for a token to be accepted as a good medium between users and platform. token with utility is much better

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December 26, 2019, 03:56:00 PM
 #50

I would prefer utility coins that have use cases and people can earn by doing some practical tasks. Without utility, a coin can't remain in a strong position for a longer time. Personally, I don't want any new coins at this moment, because most of the new coins are not profitable, some IEO coins did well but after passing a couple of months, IEO coins price started dumping very highly.

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December 26, 2019, 04:02:09 PM
 #51

If a coin has any use for real that coin usually gets a lot more price increases due to demand, same with utility tokens, if there is something that has absolutely no use at all and absolutely no reason to get other than just investment, that coin can't continue to survive for too long.

Bitcoin is used to buy and sell stuff right now and increasing its adoption rate like crazy and nowhere near any other competition, ethereum is used for ICO and dapps and some blockchain purposes, XRP is used for transactions for banks and making them faster and cheaper and all other things that are high up on the market cap list usually have a reason to be there and they are used for something.

Just because it is a "coin" doesn't mean it can't have a utility but it should definitely have utility to worth something.

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Xcode7
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December 26, 2019, 04:02:54 PM
 #52

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 like both, and in my opinion this could be a very suitable mix, I did a number of tasks and got utility tokens and I could choose to be made into a coin or just use it right away, so both the utility token and the utility coin are both in my opinion and how we can arrange all of that so as not to be something harmful.

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December 26, 2019, 04:18:13 PM
 #53

It depends for what are used but i mostly preffer coins, because not depends on another coins blockchain and if something happen with Ethereum blockchain then tokens can't be transffered and sometime can't know how much to set gas fee and get failed transaction but gas is lost.
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December 26, 2019, 04:18:27 PM
 #54

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?
To tell you the fact, we really do not need any of this much shit coins in the market and i am sure none will not survive the long run, there are many projects coming up on a daily basis and we have a couple of years date to prove that majority of the projects will die off eventually. We have enough coins now for every purpose and less number of coins the better.
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December 26, 2019, 04:22:25 PM
 #55

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December 26, 2019, 05:20:03 PM
 #56

I would prefer utility coins that have use cases and people can earn by doing some practical tasks. Without utility, a coin can't remain in a strong position for a longer time. Personally, I don't want any new coins at this moment, because most of the new coins are not profitable, some IEO coins did well but after passing a couple of months, IEO coins price started dumping very highly.
You should talk not about what profit new coins bring now but what practical benefit they can bring in the future for the market. I would like most of the existing coins to be removed from the cryptocurrency market because they are completely useless, and in their place should come new projects that will really be practical and will have used in the world


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December 26, 2019, 05:24:03 PM
 #57

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
All of what we want to see the mass adoption of the coin or token in which we invest and that mass adoption is nowadays very hard to attain in a simple coin because the developers will need more hard work to satisfy companies to adopt it and to increase the usage of that coin while the utility token is better only if the project start work as soon as possible in which many projects fail to attain. I will favor the utility token only if the project will complete their platform sooner after their crowdsale and start effective marketing.
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December 26, 2019, 05:36:45 PM
 #58

I'd like to see more coins over utility tokens because I've scarcely seen any successful utility tokens recently besides ones that pump and then dump, but there's a lack of success in new cryptocurrencies overall recently, whether it's a coin or utility token or just a regular token. I'm always down to invest in new developments because I know how profitable it can be if you're early, but market conditions just aren't conducive for alts to strongly rise again and I'd rather accumulate bigger alts and Bitcoin instead while we're in a bearish trend.
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December 26, 2019, 05:38:03 PM
 #59

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.
Coins and tokens have different tasks and functions. It’s the same as asking if we need more trucks or cars. Coins, as a rule, is a universal cryptocurrency that performs the general function of a means of payment. The token works in a narrower area and, as a rule, serves a certain type of business. Despite many fair complaints about tokens, they are also needed. Their appearance and development is a painful, but necessary process. Let everything go on as usual. The market itself will determine the usefulness of coins and tokens.

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December 26, 2019, 05:38:42 PM
 #60

I still try to figure out what these 1000s of utility tokens are going to do. It makes people life complicated than otherway around. At the same time how many coins would be practically useful for the world?

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