Topic: WHAT ARE THE FEATURES OF A GOOD COIN? - page 2. (Read 470 times)

I think you're right but, I would also add that it needs to be advancing/adding a new technology or use to the blockchain. Any coin that is advancing the blockchain is a winner for me.

I distinguish three factors that affect the market success of the crypto currency:
1. Demand for technology. The currency in which a significant improvement is realized has a high chance of getting into the top.
2. Possibilities of practical use.
3. Confidence. Any hint of stability instantly raises the currency several degrees higher.

Good coins are very easy to spot in my opinion. You just should keep seeking for innovative ideas and hardworking developers. If they can give examples to their product, its enough to believe that is good project..

The most valuable aspect is the project in which coin is going to be part of. Project is the first thing why people trusted as team and coin. Good exchanges, volume, social media buzz all are secondary features. Good coin just need good project behind it and everything else come without big deal of marketing. Now say Remme. Project is strong and genuine, hence raised $13M in no time, so further market is strong for REM token and it has huge followers and investors base.

From my point of view a good coin must need some most important things in it which are utility, need, liquidity, search and demand, transaction speed.

Based from my own observation, it seems that the feature of the coin is not much of an import to most people. AFAIK, there are more people in cryptoshere that are not really up to the technology, their aim is to earn. The cryptocurrency began to be a speculative market. All are based from news and rumors. People do not pay attention to the real benefit of the coin they are purchasing/selling.

Smart investors go to the feature of the coin. They are up to the coins that have real world application. The feature is a factor but news and rumors are the one that are responsible for the price.

Bitcoin is tied to popularity.. or rather the number of people believing in him (as blasphemous...). And the rest of the crypto-currencies are tied to bitcoin... Now we should wait until the crypto-currencies begin to be introduced into something fundamental, so as not to depend on anything. For example, Ethereum claims to be a new system of international transfers SWIFT that inspires optimism

The features of a good coin include the following;
A good product that will be useful to people for years to come as this is what will ensure that the coin will be used for a long time which will ensure that the coin will only have value.
Another one is a loyal community behind the project, it is what helps a project grows because if people see how loyal investors are, then they are more inclined to invest in the project.

Hi guys,

I think THEKEY.it is the best project and good features.

What is TheKey?

THEKEY Project is a world-leading solution provider in IDV (identity verification) industry. The project is planning to leverage innovations in Blockchain and Smart Contract technologies to develop second-generation IDV (identity verification) solutions. THEKEY is built on the NEO blockchain. THEKEY will co-establish a smart economy which consists of digital assets, digital identity, and smart contract together with NEO.

Thank you!

Hello bro,

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Thank guys

In General look at the btc value rather than usd value. Look at marketcap rather than the price of the coin (4 dollar ripple is not cheap).

As for the actual product firstly see that they actualy have a working blockchain (verge anyone).

Look at how large the community around it is.

Look at who controls the mining, whether it is a pre-mined coin, Who controls how much of it (again to say ripple is decentralized when the company control 60% of all ripple is just blasphemy).

See whether the team has delivered on their promises and deadlines. Or whether they just make announcements to pump and dump the prices.

Dont just beleive nonsensical claims made by team or the whole tokenize the world bullshit. The fact is that a lot of industries and sectors dont need to be decentralized and and that centralization does have its many benefits.

I as a rule stay away from coins that say xyz industry is worth trillions/billions of dollars and if we manage to even capture 1-5% of the market my coin will be worth this many dollars. I also as rule stay away from coins related to music/ entertainment/ adult industry(vice and such and such)/ farming and other bullshit fields.

Remember that while there is a lot of scope for growth, crypto currencies are primarily being used for speculation today. So when ico make these sort of bold claims its generally better to stay away/stick to bitcoin. You will get more opportunities.

Anonymity coins(monero/z cash) by the way are hugely undervalued and are always a good bet/will always have massive usecase.( offshore banking/hawala/quietly moving large amounts of money) May be unethical but its been part of the world for thousands of years. Best not to be naive about it.

The best feature that defines a good coin/project is its utility. If its product is deemed to be useful/ can be developed as time passes by, then you can expect a brighter future ahead for that certain coin.

Features of a good coin is probably the fact that it is well protected and will be widely used in the future. Only here to know what it will be used a lot in some industries, no one knows. Well, a good sign is that the speed of the transaction she has fast. Having 3 such features, the coin will be well valued in the cryptocurrency market.

a good coin is first and foremost a good technology that can help people make life easier, if the technology that the company promotes will be successful, then the coin will increase in price, so it is necessary to study the product that the company offers before buying a new coin

no, hype doesn't indicate coin quality, it's to know potential price rise. hyped coin can up 10x in a week but good coin can up 100x steadily in months. good coins have a good product so they have constant demand and price rise

I buy only known coins from the top 20, I do not know how to determine which of the new coins can fly, so I do not risk it and buy proven coins, but I know that there are coins that can fly up to 1 dollar and higher from 1 cent price

I do not really like to understand all the new coins, I'm used to buying famous and reinserted coins, but I know that some new coins that are very small, can fly very quickly and enrich their owner,

The development team and roadmap is important. There must be something in the pipeline that can push the value up like an application for binance. These days however, privacy is a big issue so picking a privacy focused coin is likely to be profitable in future

usually the coin increases the value when some new features or platforms are launched, so people start using the coin as natural event to use the features it's offering.

A good coin I think must be decentralized, the cost is cheaper, and of course faster and also adopted by masses. However, there is no particular standard to state whether the coin is good or not since everyone has their opinion regarding this topic and will produce a different answer according to what that person wants, that's why altcoin borns to cover the feature that bitcoin has not and the person wants.