Author

Topic: What makes a new Altcoin a good one ? (Read 340 times)

legendary
Activity: 1232
Merit: 1001
September 05, 2016, 02:42:59 PM
#4
A rise
legendary
Activity: 1120
Merit: 1008
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September 05, 2016, 02:38:24 PM
#3
First it should have plan of fair distribution in early stages, should have real life application, must have unique wallets/algo rather than just a copied/cloned coin, must be secure and at last community should support the coin as cryptoworld is community driven, getting good attraction from community is must.
hero member
Activity: 850
Merit: 1000
September 05, 2016, 01:36:42 PM
#2
Hi guys Cheesy

I was wondering, what makes a new cryptocurrency a good one. I mean that it survive the early dumping and become longterm.
Is it the community supporting it? Is it pure Luck ? Does it need a strong project behind ? ....

It would need to have real, usable, in-demand features that other coins don't have.

Just that one statement means that ~ 90% of altcoins are essentially pointless, although people still pump and dump them.

For long term investment, go with my first statement. My favorites are XMR, BTC, FCT.
member
Activity: 102
Merit: 10
September 05, 2016, 01:19:54 PM
#1
Hi guys Cheesy

I was wondering, what makes a new cryptocurrency a good one. I mean that it survive the early dumping and become longterm.
Is it the community supporting it? Is it pure Luck ? Does it need a strong project behind ? ....
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