what qualities does a coin need to survive this bear?

Froy

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Quote from: European Central Bank on September 09, 2018, 11:28:55 PM

does it need any? will there be a unifying characteristic that leaves certain coins standing where others have fallen?

i'm going to say that the less centralization there is, the greater the chance a coin has of living to fight another day.

a prime example of this is doge. it's been around for what feels like forever. no one's really in control of it. it wasn't created for the specific reason of lining the pockets of a small bunch of assholes. it's just overtaken zcash, the coin put together a bunch of geniuses, on coinmarketcap.

similarly unless it gets its act together litecoin will come out of it alot stronger than BCH for very similar reasons.

is there anything to that theory? is there anything else that you've noticed?

No matter how cynical it may sound, only a dead coin can show stability in this market. A centralized it or not, it's all the same when the whole market in motion and growth with a fall change every other day. The main thing for a coin seeks to become a leader, like an ether or bitcoin, then there will be insignificant but stability.

kaya11

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In my opinion it's the fame and trust of the coin. People who want to feel secure of their assets want a secure investments and for the long-term. Developers should make a strong appearance in the mass, make the people at ease and free of worries that the coin they invested in will be priceless. People will start to worry if the founding it is in turmoil or not organize at all. Most of the new projects are not unique anymore and just wanted to make another replica of BTC. So this is a battle where the strongest coins will survive, imagine in 2020 if there is still blockchain how much new coins would be created and one coin will be on top of another.

maldini

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indeed, a non-centralized coin has a better ability to pump higher, but I always refer to investor interest. I always go with the flow where these investor investors invest. Of course the coin will have good potential. The surviving coins are coin coins that are needed by others, the coins that become urama sources like btc and eth might be cheap now but I think the bull will come and this coin will make a profit for you

Penuzel

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Now it's very much a coin that is already useful but left by the developer because there is no fund to back up the price or there is no clear cash flow from the coin or the basic concept of the coin is made failed. maybe a coin that can be useful at this time is what really can be used in real life and or coins that are supported by large companies such google or facebook . it sounds like there's no coin will be like that, but one day it can happen.

Eugenar

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Quote from: European Central Bank on September 09, 2018, 11:28:55 PM

does it need any? will there be a unifying characteristic that leaves certain coins standing where others have fallen?

i'm going to say that the less centralization there is, the greater the chance a coin has of living to fight another day.

a prime example of this is doge. it's been around for what feels like forever. no one's really in control of it. it wasn't created for the specific reason of lining the pockets of a small bunch of assholes. it's just overtaken zcash, the coin put together a bunch of geniuses, on coinmarketcap.

similarly unless it gets its act together litecoin will come out of it alot stronger than BCH for very similar reasons.

is there anything to that theory? is there anything else that you've noticed?

Popularity I think would play a huge role for the success of a crypto. Popularity would generate high demand which would be in favor for a particular crypto and would positively affect the future of it. On this complicated market, crypto should be popular in order to withstand the continuous downfall in the market which kills many cryptos especially those which are new in the market.

Vieni

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one thing is usability. and also technology. if these things are not present this coins will not survive with the bear market.

Samarkand

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Quote from: Vit83 on September 21, 2018, 01:43:51 AM

IMHO coin must have a great popularity, real usage, and solid development team. This will take it through all bear markets. Wink

Which altcoin does actually have real usage? Apart from Bitcoin and Ethereum no cryptocurrency is seeing
a meaningful amount of transactions. Even blocks from altcoins in the top 10 by market cap contain
less than 50 transactions most of the time. The entire cryptocurrency space is built around
speculation at the moment and there isn´t any real usage.

Popularity is also a terrible metric, because
it changes all the time. Just take a look at once popular coins like Nxt and where they are now.

henmark

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Quote from: Ramzes555 on September 20, 2018, 08:12:20 AM

any coin must have a strong community and an interesting idea that can solve the problem of people. I think these qualities should be owned by each coin

For a cryptocurrency to survive, it must have few qualities like liquidity and wide acceptability. Both of these qualities are widely found in Bitcoin and ETH and that is the only reason these two crypptcurrencies have grown so big over time. Government intervention can also play important role in promoting the investment pattern in different assets so if your government is in favor of introducing a new system.

ChrisPop

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Not your Keys, Not your Bitcoins

All coins and tokens will decrease in value in a bear market, but only the strongest will survive it. By strong I mean the ones that have real products and working ecosystems. There are a few who will literally rocket launch once we get back into a bull market so you might wanna keep an eye out for that.

sinkfish

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Strong utilization, coin with no purpose are useless, as long the coin can relate to people daily use, the coin have strong potential. centralise or not, its actually doesnt matter, as long the coin can be use, price is stable and fast.

Vit83

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IMHO coin must have a great popularity, real usage, and solid development team. This will take it through all bear markets. Wink

Leah38

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Good day. I think the developer has to love his own coin. Continuous developments and usage. Many developers seems to create alts one after the other and jut leaving the old coins behind after the team having collected their profit leaving the investors behind. The strength of the coin to withstand bearish markets is the trust of the community on the developer and the coin itself. Well that's what I view it. Could be correct, could also be not the case.

Landakhitam

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Quote from: Ramzes555 on September 20, 2018, 08:12:20 AM

any coin must have a strong community and an interesting idea that can solve the problem of people. I think these qualities should be owned by each coin

But as long as the platform's team is serious and dedicated, the token will survive. Also it needs to have in my opinion some real life usage in the near future for it to survive and be adapted within the cryptosphere.

Zadicar

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Quote from: Mallyx on September 11, 2018, 08:20:44 AM

Quote from: Bitkoyns on September 11, 2018, 05:31:03 AM

Quote from: Mallyx on September 11, 2018, 05:15:19 AM

No qualities are required when you see DOGE.

it really has no quality because the coin will only depends on the users in the market even you have the good quality in the end the end users will judge you if your coin will last.

Maybe that's a kind of quality after all ?
Most peoples want a coin backed by a company because it mostly guarantee a development and (maybe) a ROI.

ROI will always matter and come to think of that most of us jumped in into this market for the sake of profit making and only a few will really just be serious or concern to see the project that can last for long term.
There are really coins in the market which is underrated which their prices are way too low compared to those coins which doesn't really have any use but it just being hyped up and that's why its price do pump.
Surviving this market would always matter on community support because no matter how good it is if theres no support then it would still end up on nothing.

Tamilson

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Quote from: Blamsud on September 20, 2018, 05:31:56 AM

Quote from: makishart on September 20, 2018, 05:17:29 AM

Quote from: 1NV3ST0NM3 on September 18, 2018, 06:47:45 AM

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.

If they have a new idea or different idea will be useless if they can't even create the product. Product is a main point why the majority of them are getting the funds from ico.
Look at some coins which have achieved their products and then they can survive in the bearish market and the price are so stable compared with another coin which has no product.

It should be something useful and with continuous development, improvement and additional fearures that will stand out in crypto market, unique yet useful.

Useful to the extent that there will be the demand and the team nor dev should take full responsibility to this like they have a good marketing strategy that will make their token to be in demand nor create the demand if it's necessary.

Perhaps if not, the devs are really a mess.

Ramzes555

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any coin must have a strong community and an interesting idea that can solve the problem of people. I think these qualities should be owned by each coin

sinkfish

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its important there is an existing platform that can utilize the coin. any coin with no utility aside of trading wont survive.

Blamsud

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Quote from: makishart on September 20, 2018, 05:17:29 AM

Quote from: 1NV3ST0NM3 on September 18, 2018, 06:47:45 AM

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.

If they have a new idea or different idea will be useless if they can't even create the product. Product is a main point why the majority of them are getting the funds from ico.
Look at some coins which have achieved their products and then they can survive in the bearish market and the price are so stable compared with another coin which has no product.

It should be something useful and with continuous development, improvement and additional fearures that will stand out in crypto market, unique yet useful.

makishart

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Quote from: 1NV3ST0NM3 on September 18, 2018, 06:47:45 AM

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.

If they have a new idea or different idea will be useless if they can't even create the product. Product is a main point why the majority of them are getting the funds from ico.
Look at some coins which have achieved their products and then they can survive in the bearish market and the price are so stable compared with another coin which has no product.

aencarnaci

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Quote from: trumper on September 11, 2018, 05:56:29 AM

I don't think they need anything to survive this bear market all of them including bitcoin have crashed, most coins are below ico price now, if they will deliver a good product in the future they may rise again otherwise even exchanges delist them.

Actually at this stage, I would say a coin does not need any quality to survive much of the bear market as it will still cut across anyway. One might have said a product, but in the real sense, no project's product is being used in the real life for anything and the market is just simply speculative in nature at the moment. It is definite that with such speculative driven assets, the market will always move irrespective of the potential of the project in the long run, so I do not think any coin will need a particular quality to survive the bear market.

Quote from: 1NV3ST0NM3 on September 18, 2018, 06:47:45 AM

I think a coin should have a completely new and different idea. Like, it should aim to solve a particular problem faced by many people, or something like that. If the idea is strong, people will obviously never stop using it unless it is replaced by something better. As Bitcoin highly dominates the crypto market, I think aggressive promotion will also be needed so as to obtain a strong community.

Even with a completely new and different idea, nothing will stop a coin in this market from facing the bears when they come. There are so many coins with brilliant ideas and even rock solid products that are seriously undervalued at the moment as a result of the market conditions.

I do not think we will need a soothsayer to tell us that in such scenario, no matter the support of the community, the market is highly speculative and until we start seeing real life usage before we start considering certain qualities to help keep the market strong in value and have a sustainable one.

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