Token or Coin? | Bitcointalksearch.org

kevoh

full member

Activity: 448

Merit: 110

Quote from: thinklab71 on December 21, 2017, 07:59:58 PM

Is one better then the other?

Is one better then the other when looking at ICO's

Is there is cost difference in creating one over the other?

In response to your questions, although both of them are used interchangeably:

1. Token and coins are created to serve different purpose. Therefore one can not be said to be better than the other.

2. Nope, refer to my answer in 1.

3. I am not aware of the cost difference but I know creating tokens is a much easier process than coins.

nerverd99

full member

Activity: 210

Merit: 100

Quote from: thinklab71 on December 21, 2017, 07:59:58 PM

Is one better then the other?

Is one better then the other when looking at ICO's

Is there is cost difference in creating one over the other?

It depend on you.
Coin is to act like money: as a unit of account, store of value and medium of transfer. Tokens do have value, but they cannot be considered money in quite the same way that a straightforward coin can.

ropyu1978

hero member

Activity: 1904

Merit: 510

Quote from: zenhu on December 21, 2017, 08:47:56 PM

Nothing better than other, each have its own Advantages and Disadvantages. Its all up to you wich one youll choose.
And ofcourse make coin can cost more its about to build an own chain for that coin, im not gonna say creating token or kind of smart contract is an easy job but creating a coin can be more complicated

I agree with what you say
basically it is our own choice, with the analytical and knowledge capabilities we use. all can be an advantage or even harm. so there's nothing better or worse.

Malaya

full member

Activity: 322

Merit: 102

Quote from: zenhu on December 21, 2017, 08:47:56 PM

Nothing better than other, each have its own Advantages and Disadvantages. Its all up to you wich one youll choose.
And ofcourse make coin can cost more its about to build an own chain for that coin, im not gonna say creating token or kind of smart contract is an easy job but creating a coin can be more complicated

This makes sense. Whether you choose coins or token to have in your crypto wallet you will have each advantage or disadvantage of those. Also, I think it depends on a person's or user's preferences in gaining income or even in investing.

dg2010

sr. member

Activity: 462

Merit: 250

Actually, token and coin are the same. And token is the coin before ICO. You should invest in token soon to get bonus and receive profit if ICO succeed.

FiveReelsOne

member

Activity: 97

Merit: 10

I think it depends of which do you prefer or where you gonna be. Since Token can be converted into coins, I think that will be no problem at all. On the other hand, when you are on ICO, it will be much better for tokens since you can buy lots of tokens there. I don't think one is better than the other all that matters is where and how to use it. The only question is where will it works the best.

Maian

full member

Activity: 257

Merit: 100

Quote from: thinklab71 on December 21, 2017, 07:59:58 PM

Is one better then the other?

Is one better then the other when looking at ICO's

Is there is cost difference in creating one over the other?

Therw is no advantage and a
Disadvantage between two because if dont have coin their is no token if no token their is no coin.

hadveach

full member

Activity: 448

Merit: 102

according to my token or coin, both are good. and can benefit us. only we must be smart to choose when token has high value and low coin, then I will choose token.

curv1991

jr. member

Activity: 50

Merit: 10

Quote from: judgememes on December 21, 2017, 10:50:33 PM

Quote from: thinklab71 on December 21, 2017, 07:59:58 PM

Is one better then the other?

Is one better then the other when looking at ICO's

Is there is cost difference in creating one over the other?

Invest in both, hold bitcoins which will generate you $ profit over the years and make reviews over the ICO's listed here, if you find any to be trustwhorty give them a try.

This is what I'm doing right now, needs some work but is something that can completely be done

FDC1412

full member

Activity: 140

Merit: 100

Both have their own advantage. When you hold of a coin then it has its value and is directly exchangable to real money. If you hold of a token you need first to trade it for coins then there it will have its value. But if you have tokens, you can bargain on how much will it worth and you have infinite number of tokens since tokens are profited from bounties and not from mining.

judgememes

jr. member

Activity: 56

Merit: 1

Quote from: thinklab71 on December 21, 2017, 07:59:58 PM

Is one better then the other?

Is one better then the other when looking at ICO's

Is there is cost difference in creating one over the other?

Invest in both, hold bitcoins which will generate you $ profit over the years and make reviews over the ICO's listed here, if you find any to be trustwhorty give them a try.

Crypto_Qv9

member

Activity: 126

Merit: 10

Crypto N Kafe is Live. Join the Pre-ICO now!

Both have pros and cons but I go for coin at least you can trade them in the upcoming ICOs.

pratapadityasi

newbie

Activity: 46

Merit: 0

Coins are minable, tokens are created as stakes for projects basically, evne though both have multiple things in common but these are the main differences im aware of

LanaWinda

full member

Activity: 241

Merit: 100

Tokens or coins?
I think they have advantages and disadvantages depending on how the price will appear in the market.
To make a token to a coin is also not an easy thing.

geyayy

full member

Activity: 588

Merit: 100

When I have read the title at first, I thought tokens and coins are the same, I was confused. But tokens are the ones the ICOs are using, selling them for their crowdsourcing and eventually becomes coins if their ICO becomes successful.

zenhu

sr. member

Activity: 645

Merit: 266

Quote

Token can be converted to coins

so coins can be converted to token, all crypto can.

Quote

But in IcO, they prefer tokens because you cn buy a lot of tokens in minimal fee.

if we talk about erc token the fee is taken from ether not token him self, some smart contract do make their token as a fee. And the some cheap coin also have cheap price

jayco25

full member

Activity: 336

Merit: 106

I believed that either coin or token there is advantages and disadvantages. Price is always depends on the market and people.

Jeepney_koh

jr. member

Activity: 182

Merit: 2

dApps Development Automation Platform

Quote from: thinklab71 on December 21, 2017, 07:59:58 PM

Is one better then the other?

Is one better then the other when looking at ICO's

Is there is cost difference in creating one over the other?

Token can be converted to coins. Preferably, coins are better than tokens. But in IcO, they prefer tokens because you cn buy a lot of tokens in minimal fee. Most ICO prefer tokens.

zenhu

sr. member

Activity: 645

Merit: 266

Nothing better than other, each have its own Advantages and Disadvantages. Its all up to you wich one youll choose.
And ofcourse make coin can cost more its about to build an own chain for that coin, im not gonna say creating token or kind of smart contract is an easy job but creating a coin can be more complicated

thinklab71

copper member

Activity: 183

Merit: 10

Is one better then the other?

Is one better then the other when looking at ICO's

Is there is cost difference in creating one over the other?

Topic: Token or Coin? (Read 171 times)