I am done with any altcoin that isnt offering something different.
coins should be considered companies inside of the bitcoin space. if it doesnt have a useable feature, such as a phone, and ability to anonymously mix coins, a way to enter into the crypto world without using bitcoin, or something of the like it is useless.
ill leave all the other coins to the pump and dumpers to make money off all the gamblers hoping to make it big of the next bitcoin.
Topic: What makes a good coin? (Read 2531 times)
In this day and age the time of quick buck coins is in, most dev's just keep pumping the same kind of coins out just with features we have all seen before, as soon as there is buy support dumps happen then people move on & the next coin comes into play leaving the bagholders "Hoping" for some retribution, it's just one giant ponzi scheme for copy/paste devs.
These Pump & Dump groups are the main cause of the Altcoin problem, they get everyone on the edge of their seat with price then boom, no-one knows what just hit them.
In the last 6 months there has been very few coins that have survived the altcoin boom, in saying that there is actual "competent" Dev's out there that are working towards their cause & showing commitment and sticking with their coin.
I can tell you of a few but that would be Biased.
Just DYOR (Do your own research) on the coins features, developers skills, commitment & to also make sure they aren't hiding behind a shill account (if they were that keen on their own coin they would make a name for themselves globally, everyone knows what Bitcointalk is...)
I can't agree more. That's why I feel that a coin needs to have some age. If a coin survives its IPO and dev team sticks with it, then the coin has a chance to grow. Choose coins that have some age plus have a dedicated dev team. These Pump & Dump groups are the main cause of the Altcoin problem, they get everyone on the edge of their seat with price then boom, no-one knows what just hit them.
In the last 6 months there has been very few coins that have survived the altcoin boom, in saying that there is actual "competent" Dev's out there that are working towards their cause & showing commitment and sticking with their coin.
I can tell you of a few but that would be Biased.
Just DYOR (Do your own research) on the coins features, developers skills, commitment & to also make sure they aren't hiding behind a shill account (if they were that keen on their own coin they would make a name for themselves globally, everyone knows what Bitcointalk is...)
In this day and age the time of quick buck coins is in, most dev's just keep pumping the same kind of coins out just with features we have all seen before, as soon as there is buy support dumps happen then people move on & the next coin comes into play leaving the bagholders "Hoping" for some retribution, it's just one giant ponzi scheme for copy/paste devs.
These Pump & Dump groups are the main cause of the Altcoin problem, they get everyone on the edge of their seat with price then boom, no-one knows what just hit them.
In the last 6 months there has been very few coins that have survived the altcoin boom, in saying that there is actual "competent" Dev's out there that are working towards their cause & showing commitment and sticking with their coin.
I can tell you of a few but that would be Biased.
Just DYOR (Do your own research) on the coins features, developers skills, commitment & to also make sure they aren't hiding behind a shill account (if they were that keen on their own coin they would make a name for themselves globally, everyone knows what Bitcointalk is...)
These Pump & Dump groups are the main cause of the Altcoin problem, they get everyone on the edge of their seat with price then boom, no-one knows what just hit them.
In the last 6 months there has been very few coins that have survived the altcoin boom, in saying that there is actual "competent" Dev's out there that are working towards their cause & showing commitment and sticking with their coin.
I can tell you of a few but that would be Biased.
Just DYOR (Do your own research) on the coins features, developers skills, commitment & to also make sure they aren't hiding behind a shill account (if they were that keen on their own coin they would make a name for themselves globally, everyone knows what Bitcointalk is...)
We at Sativacoin (STV) believe that a strong community is fundamental to a coin's success. With our recent community takeover, we have tried to establish trust with the community because the value of our coin will follow. The top coins on coinmarketcap serve as inspiration to us in our work everyday, and we hope that one day we can attain a spot there as well 
Arnel
Pastafarian
New Sativacoin thread: https://bitcointalksearch.org/topic/ann-stv-sativacoin-takeover-by-altcoincenter-new-official-thread-874071
Very good! Arnel
Pastafarian
New Sativacoin thread: https://bitcointalksearch.org/topic/ann-stv-sativacoin-takeover-by-altcoincenter-new-official-thread-874071
I'll check it out. 
We at Sativacoin (STV) believe that a strong community is fundamental to a coin's success. With our recent community takeover, we have tried to establish trust with the community because the value of our coin will follow. The top coins on coinmarketcap serve as inspiration to us in our work everyday, and we hope that one day we can attain a spot there as well
Arnel
Pastafarian
New Sativacoin thread: https://bitcointalksearch.org/topic/ann-stv-sativacoin-takeover-by-altcoincenter-new-official-thread-874071
Arnel
Pastafarian
New Sativacoin thread: https://bitcointalksearch.org/topic/ann-stv-sativacoin-takeover-by-altcoincenter-new-official-thread-874071
I agree totally with many of you. A good dev team means a lot. If they are dedicated, they will keep innovating and making their coin better. In turn the coin should gain credibility.
take a look at peercoin, 2+ years running and 15 million market cap. Long term sustainablity and dedicated dev team+ sunny king 
Take a look at Saffroncoin.
Price is so low right now. It can only rise .
Dev always delivers. (check the thread ) (not moderated since begining)
SFRDirect will be released soon (in the matter of days (at max) ). Decentralized Exchange.
It is shortterm investition. But it is one of the best investment oportunities right now.
Price is so low right now. It can only rise .
Dev always delivers. (check the thread ) (not moderated since begining)
SFRDirect will be released soon (in the matter of days (at max) ). Decentralized Exchange.
It is shortterm investition. But it is one of the best investment oportunities right now.
I dont understand why you keep making new coins, feels kind of a waste of time,, all of them die anyways
Slight misunderstanding. Everyone is discussing what the qualities are of a good coin, not how to make a new one.
I dont understand why you keep making new coins, feels kind of a waste of time,, all of them die anyways
Great Dev's
That's what makes a good coin.
That's what makes a good coin.
Interesting discussion here! I have been trying with a group of people to keep coins afloat that were dropped by their devs. Since the amount of dropped coins is so high, we decided to take over the support of one coin mainly.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
Good luck with your coin! That's pretty awesome what you are doing by trying to revive a coin.
I think that if we realized how similar the ultimate goal is between coins, we would see coin communities joining forces and making stronger coins in the end. Even I, as someone who loves and promotes HYPER, would like to see combined community efforts. It's hard to get out of the mindset of "my coin is the best! I don't care about other coins because I know they are worse!". And if everyone does that, it's a bit disheartening. Coin communities that can get along should consider working together. Don't just waste time dreaming away. Get off your asses, and make things happen!
Working together is very important indeed. I am helping out with a couple of coins right now of which I like the dev, the coin idea or the community. The main thing that is wrong about the current system is that people that invest in coins think the developer owns them something. They forget they did not buy from the dev (except with ICO of course) and just spend money on an idea. I think many devs get disheartened once people start fudding or keep asking what the next step will be.
Perhaps, what we're missing is a true decentralized coin without a dev, where the community gets to add to the github. That is one of the main reasons Bitcoin is so successful.
easy to use
app for everyones mobile device
popularity
much innovation
good support
app for everyones mobile device
popularity
much innovation
good support
Interesting discussion here! I have been trying with a group of people to keep coins afloat that were dropped by their devs. Since the amount of dropped coins is so high, we decided to take over the support of one coin mainly.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
Good luck with your coin! That's pretty awesome what you are doing by trying to revive a coin.
I think that if we realized how similar the ultimate goal is between coins, we would see coin communities joining forces and making stronger coins in the end. Even I, as someone who loves and promotes HYPER, would like to see combined community efforts. It's hard to get out of the mindset of "my coin is the best! I don't care about other coins because I know they are worse!". And if everyone does that, it's a bit disheartening. Coin communities that can get along should consider working together. Don't just waste time dreaming away. Get off your asses, and make things happen!
Working together is very important indeed. I am helping out with a couple of coins right now of which I like the dev, the coin idea or the community. The main thing that is wrong about the current system is that people that invest in coins think the developer owns them something. They forget they did not buy from the dev (except with ICO of course) and just spend money on an idea. I think many devs get disheartened once people start fudding or keep asking what the next step will be.
Perhaps, what we're missing is a true decentralized coin without a dev, where the community gets to add to the github. That is one of the main reasons Bitcoin is so successful.
Interesting discussion here! I have been trying with a group of people to keep coins afloat that were dropped by their devs. Since the amount of dropped coins is so high, we decided to take over the support of one coin mainly.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
Good luck with your coin! That's pretty awesome what you are doing by trying to revive a coin.
I think that if we realized how similar the ultimate goal is between coins, we would see coin communities joining forces and making stronger coins in the end. Even I, as someone who loves and promotes HYPER, would like to see combined community efforts. It's hard to get out of the mindset of "my coin is the best! I don't care about other coins because I know they are worse!". And if everyone does that, it's a bit disheartening. Coin communities that can get along should consider working together. Don't just waste time dreaming away. Get off your asses, and make things happen!
Because there are a lot of people, who thinks - thay can make a good coin -and they make it. So there are a lot of crypto coins out there - and sometimes limited users of them. Even if crypto coins users are in hundreds of thousands, even then it is not so easy to expand the crupto coin - must be also demand from users for the coin.
Interesting discussion here! I have been trying with a group of people to keep coins afloat that were dropped by their devs. Since the amount of dropped coins is so high, we decided to take over the support of one coin mainly.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
It is a lot of work to keep the community active and keep innovating. People pressure you to go with the latest fad, but until now, we have been resisting that.
Looking at the things you guys mention, I think the dev, the community and the longevity are the most important. Things like services and extra features require a lot of time from the developer and usually come with an ICO or a premine. This in turn leads to people running off with the money and keeping the BTC to pay off bills. The incentives are all wrong.
We'll just keep supporting our coin and see it as a long term thing. In a year or so, we can reevaluate how successful we are.
Good points. I don't think a lot of cryptocurrency experience is necessary if you have the drive to learn, but having the business and financial expertise to operate on the world stage as a currency, can't be acquired easily. The following article may not be totally relevant to what we are talking about, but I think the overall picture is the same.
http://www.coindesk.com/firstmark-director-bitcoin-needs-entrepreneurs-understand-money/
http://www.coindesk.com/firstmark-director-bitcoin-needs-entrepreneurs-understand-money/
I completely agree. There has to be experienced people who really understand their field especially in regards to finance/business and how it relates to cryptocurrency to get things moving, especially before a release. I can't argue against the fact that experience does look good on paper and may attract investors or more serious players.
I think a good coin has a team with motivation, skills or the aptitude to learn new skills, and constant ideas. The team needs solid goals. The coin also needs a supportive community in which everyone can be a contributor to the success of the coin, and it should always try to attract new members and fans. The coin should also have a real-world purpose. It can't be just stuck within bitcointalk or a closed community. Having a really awesome coin with state-of-the-art features are great, but the coin probably will have trouble with adoption if it focuses too much on the tech. There will always be a way to improve on an existing coin.
Also, I don't think experience matters as much as the drive to learn and to actually accomplish things. It's more important to understand what experience provides and why it's beneficial than having experience itself. That way, anyone can continually be in a learning state. So, it's very possible a new person could be more valuable than an "experienced" person on a team.
Also, I don't think experience matters as much as the drive to learn and to actually accomplish things. It's more important to understand what experience provides and why it's beneficial than having experience itself. That way, anyone can continually be in a learning state. So, it's very possible a new person could be more valuable than an "experienced" person on a team.
Good points. I don't think a lot of cryptocurrency experience is necessary if you have the drive to learn, but having the business and financial expertise to operate on the world stage as a currency, can't be acquired easily. The following article may not be totally relevant to what we are talking about, but I think the overall picture is the same.
http://www.coindesk.com/firstmark-director-bitcoin-needs-entrepreneurs-understand-money/
I think a good coin has a team with motivation, skills or the aptitude to learn new skills, and constant ideas. The team needs solid goals. The coin also needs a supportive community in which everyone can be a contributor to the success of the coin, and it should always try to attract new members and fans. The coin should also have a real-world purpose. It can't be just stuck within bitcointalk or a closed community. Having a really awesome coin with state-of-the-art features are great, but the coin probably will have trouble with adoption if it focuses too much on the tech. There will always be a way to improve on an existing coin.
Also, I don't think experience matters as much as the drive to learn and to actually accomplish things. It's more important to understand what experience provides and why it's beneficial than having experience itself. That way, anyone can continually be in a learning state. So, it's very possible a new person could be more valuable than an "experienced" person on a team.
Also, I don't think experience matters as much as the drive to learn and to actually accomplish things. It's more important to understand what experience provides and why it's beneficial than having experience itself. That way, anyone can continually be in a learning state. So, it's very possible a new person could be more valuable than an "experienced" person on a team.
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