I am pretty agreed with @ Mihawk. He has pointed the features I was thinking.
Topic: WHAT ARE THE FEATURES OF A GOOD COIN? - page 3. (Read 485 times)
Good team can have a good coin. Good platform will have a high potential coin. Good roadmap will have chance to raise the price. Partnership will lead the team at the pinnacle of success. Good website will attract community. Professinaly done whitepaper and detail will give good insight for the readers
As a newbie, I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?
A good coin can never be judged by the market. The market is more concerned with the price of the coin than what problem the coin can solve in the world. There are great coins that are undervalued because they cant be pumped and dumped.
So what are the features of a good coin?
i. It should solve a problem in the world and not just be a copycat
ii. It should have a real use case
iii. It should be backed by a great team because this will make it last long.
Excellent input, I especially agree with the team part, a lot of work is required and it cannot be done alone.
Their project successfully implemented
And many people use it
If more people want it
The coin price will up too
Because they need to buy the coins before use it
And many people use it
If more people want it
The coin price will up too
Because they need to buy the coins before use it
As a newbie, I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?
No fix features that can assure the value raise in the market as there are lots of manipulation by the speculators, but for long term I think good coin will be known by the excellent project profile such as the team competencies, capabilities, and experiences, the services offered to public from that project to create demand of the tokens/coins.
As a newbie, I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?
Any good coin needs 4 things IMHO
1. Good product with real world usage.
2. A team that is balanced and capable in all sections related to the product and blockchain. Also communicates with its community/supporters.
3. A big community behind it supporting it.
4. Marketing done well.
A good coin generally has a large trading volume, and its turnover rate is very high! It's also important to look at its use. If it doesn't have any use, then it has no value!
i would say, coin has to have really good Speed and garenteed Privatecy in trasacsation besides that coin has to have capability to adopt new features in near future. and coin has to be green most of the time. haha
The feature of a good coin for me is that it has the capability to be use in place of cash. Just like bitcoin it should be easily use by the public to transact with others. Aside from that it should be fast meaning the user won't have to wait just to check the result of his transaction.
There are many factors to look into while choosing a good coin. Apart from the puchasing capabilities the thing that matters is theproject into which it is involved. If the project is a good one the value will increase. You should have a look into the technology and team working behind it efficient enough or not. That is also a important feature
As a newbie, I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?
This is Crypto world so we must analyse the road map and white paper then only we can judge the future possibilities and potential platform. But good coins are anytime sudden drop is possible because supply and demand is not stable in good Coins.
I think if innovative idea added for a coin then people will be showing interest for this coin. More price fluctuation is no acceptable for a good coin. Peoples are earn profit from a good coin.
Based on Coins thare is many advantages and good features . Something one of a kind which isn’t still existed available or even a few numbers is out as of now. Highlights would be positioned up basing alone view which is ease of use, advancement, support, improvement and having an extremely devoted group behind. When you see these things then it’s a decent task or coin yet dependably inclines toward individually investigation in the event that it would ready to manage for long haul not simply just great on start up.Only Bitcoin have facilities to make your money double because of its usefulness & features.
I think there are a lot of factors to be considered that features for a good coin. Demand, Supply, price, scalability, speed etc are the prime factors for me. It’s not always the purchasing capability that play the main role always
As a newbie, I want to know the features of a good coin for which its value raise in market. I think its purchasing capability is mainly responsible. What is your logic?
The best coin will give you the latest feature of today, and right now Artificial Intellugence is one of them.
Volttech for an example
Volt's AI technology not only calculates the delivery price according to the travel distance, but also includes othervariables; the Weather, Supply and Demand, Holiday surge, Speed of delivery, and others.
See how volttech developed https://volttech.io
A coin must have a good utility, this is really important because most coins just scam people because they don't worth, and another important feature there must be a good team behind a coin.
The answer to this question is not necessarily an easy one, nor the same for all people.
When looking at the most popular altcoins (Here an example: https://www.coingecko.com/en ) , it’s easy to see that there are some cryptocurrency features that are more desirable than others. Whether looking at altcoins to make a choice, there are several elements that should be considered:
- Usability: The more usable the coin is, the more non-investors could be interested in.
- Transfers: If the coin can be easily and quickly moved between users, this coin will be preferred over other ecoins which may be slow or have a more difficult process involved to make transfers.
- Demand: The value of a coin is directly related to the demand for it; the greater the demand, the higher the value.
- Community: The community behind a cryptocurrency can greatly impact its acceptance and growth.
Check this discussion on Quora for more features: https://www.quora.com/What-are-the-characteristics-of-a-good-currency-and-how-does-Bitcoin-compare-to-that
When looking at the most popular altcoins (Here an example: https://www.coingecko.com/en ) , it’s easy to see that there are some cryptocurrency features that are more desirable than others. Whether looking at altcoins to make a choice, there are several elements that should be considered:
- Usability: The more usable the coin is, the more non-investors could be interested in.
- Transfers: If the coin can be easily and quickly moved between users, this coin will be preferred over other ecoins which may be slow or have a more difficult process involved to make transfers.
- Demand: The value of a coin is directly related to the demand for it; the greater the demand, the higher the value.
- Community: The community behind a cryptocurrency can greatly impact its acceptance and growth.
Check this discussion on Quora for more features: https://www.quora.com/What-are-the-characteristics-of-a-good-currency-and-how-does-Bitcoin-compare-to-that
We can not consider any crypto specialist, after all, everyone is learning at various times and every day so there are several points of view and technical visions of the coins. In general the characteristics necessary for a good coin are:
1- Utility
2- Need
3- Liquidity
4- Search and Demand
5- Transactional speed
In my opinion these features are essential otherwise without these functions mentioned many projects tend to fail.
1- Utility
2- Need
3- Liquidity
4- Search and Demand
5- Transactional speed
In my opinion these features are essential otherwise without these functions mentioned many projects tend to fail.
For me one of the features of a good coin must have a stability because if a coin is stable it will last longer, try to make further research about this matter so that in the of the day you can find a good one because honestly there is no guide to find a good coin, maybe if you can check the exchange market you can find one.
Basic in my opinion - high liquidity, report of developers (or the company as a whole),perspective of further growth of development and
stable growth rate
stable growth rate
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