Topic: What do you want from your Altcoin ? (Read 1551 times)

Thanks.  I think you make a good point here that I'm a little surprised more people don't agree with.  Yes, a ridiculous number of coins have been created, and most of them are clones that die out after a few weeks or months.  But there is a lot of innovation taking place.  And while most of the coins that include some novel idea won't themselves survive, the ideas do.  As long as the whole area of cryptocurrencies doesn't die out, I think we will eventually start to see some more "professional" coins emerge that bundle together a lot of these innovations to make some really good currencies that are better than Bitcoin.  Either that or some of the major coins like Bitcoin will be modified to incorporate some of the better ideas.

Seem like "the community" and "the services" received the most votes!

 

Well thought out. I agree with you there.
But I will say I see a lot of devs/dev teams sell out and move on.
Speculation gimmicks of whatever.
I do like to see a ton of coins try there algo's and how they hold up.
"Not forking" or whatever. Maybe we are paving the way for the futures of money or science.
Who knows
 
At the end of the day if we all look at these coins as what they are "open source" projects instead of my coin or his coin
I think that would create a better environment for the new commers.
I get tired of reading spam trolls spreading FUD everywhere pounding there chest about being a senior member. That doesn't help anyone, it just clutters the forum.
  So yea if we spent a little more time scratching our heads together maybe they can all work one way or another.

  I think marketing well is a good factor of Sucess.
A better environment on the forums.
Developers that are humble and not arrogant.
Community support. More even distribution.
Services is pretty much a must. I mean you have to be able
To have some fun with your coins. I like betting sports
Is there a service like that yet? "For altcoins" The Mob made most of there profits off gambling
They offered tax free bets and better odds than the state lottery or whatever.

Anyways thanks for posting.
 
   Regards ~BLOCKHUNTER

I think that there are a number of things that are necessary for a coin to even have a chance at being successful.  You have to have a dedicated dev/dev team and community.  The coin needs to work well from a technical perspective (e.g., not forking every thousand blocks).  And there has to be real demand, not just speculator trading.

The real demand part is the tough one.  If you can come up with a technical innovation or a novel use, your coin will likely at least have a moment in the sun.  But it's unlikely that that would be enough for mass adoption (e.g., see AuroraCoin).  You need more than that.  To really last, a coin needs to be useful in the real world in ways that no other coin is.  Bitcoin has achieved its status by being first.  LiteCoin was one of the first alt currencies and has been adopted as "the silver to bitcoin's gold."  DogeCoin has been adopted as a prime choice for things like tipping.  DarkCoin might have a shot at being a better LiteCoin.

So the question is, what do you want to be able to do with cryptocurrencies that can't already be done with BTC, LTC, DOGE, or DRK?  If you can come up with a good answer to that question, then you have a shot at creating a truly successful coin.  Otherwise, it will probably won't be around a few years from now.

I f...king lol 'd so hard

Thanks

        ~BLOCKHUNTER

I want to become "one" with my altcoin. ---me too 

I want to buy it at $1 and sell at $1000, becoming filthy rich in evil fiat.  The fiat must be punished so I'm happy to relieve other people of it.

hmm
Premine is a hole topic that can go on for days. 
From ripples 100% premine to the early coins hiding the premine to
No premine
Where each of them are now ranked or whatever. So
Is premine access just another gimmick ?
I think there's a balance somewhere but where is it.

Anyways cheers for posting

     ~BLOCKHUNTER

premine access.

I guess mass adoption is success,
Not so much huge profits even tho at the end of the day everyone wants lots of money.
But better distribution than your few major mining outfits hoarding most of the coins, rather then a little speculation about some huge profits
Those coins almost always get dumped leaving you with huge losses.
Thoughts?


 ~BLOCKHUNTER

This has been tried in at least a couple ways.  See FairCoin (FAC) and Minerals (MIN) for a couple examples.

Is there on this forum a board for topics about new ideas and suggestions to be implemented in new cryptocurrencies?

I think that ideal altcoin algorithm should provide fair distribution of coins between wallets. I mean internal taxes and comissions which will lead the capital to be more distributed. In long terms it will lower volatility and higher whole capitallisation of this altcoin market. The more capital is distributed the more active trading and using of altcoin happens.

I'm want to find something with lowcost entry threshold in mining (lower then BTC in 100 times, for example).
 it's should looks like 20% new algo's and innovations and 80% confidence in the continued development of it.

What do you mean by success?  The potential to make a lot of money off of it?  Everyone knows about it?  It makes a significant contribution to the area of cryptocurrencies?  It lasts for months?  Years?  Any of the above?  All of the above?  The answer may be different depending on how you define success.

Which coins would you consider to be successes so far?

Innovation of course. Only the altcoin with great innovation will survive like nxt and so on.

hahaha yea me too but I'm looking to see what quality's in a coin makes it great
See the purpose of this thread is to look at the innovations and Dev work and community support. Or whatever and look away from speculation and false statements of what 3rd world bone in lip tribe is going to use the coin

Look out for the "official bla bla bullshit" is going to use this shit and start looking at what counts.

Again thanks to everyone for posting
If I'm going to invest in a coin it's not because you said it is a great coin.
I will invest if I think it's a great coin or even if it's on the right track.

Cheers guys =D ~BLOCKHUNTER

I want to become a developer.

Coin will hot when developer have good ideas.

Could you please add "Massive profits" to the poll, thanks.

Did you just post to post or are you selling something here

Yea this is an example of what not to post unless you trying to become a hero or some shit.
No offense mate


~BLOCKHUNTER

I want to become "one" with my altcoin.