what qualities does a coin need to survive this bear?

Froy

full member

Activity: 476

Merit: 100

https://saturn.black

Quote from: European Central Bank on September 09, 2018, 10:28:55 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

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

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

sr. member

Activity: 952

Merit: 308

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

jr. member

Activity: 32

Merit: 2

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

sr. member

Activity: 1274

Merit: 278

Quote from: European Central Bank on September 09, 2018, 10:28:55 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

member

Activity: 406

Merit: 10

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

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: Vit83 on September 21, 2018, 12:43:51 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

sr. member

Activity: 812

Merit: 272

Quote from: Ramzes555 on September 20, 2018, 07:12:20 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

legendary

Activity: 2310

Merit: 1035

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

jr. member

Activity: 252

Merit: 1

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

full member

Activity: 644

Merit: 100

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

Leah38

full member

Activity: 1078

Merit: 102

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

full member

Activity: 434

Merit: 100

Quote from: Ramzes555 on September 20, 2018, 07:12:20 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

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: Mallyx on September 11, 2018, 07:20:44 AM

Quote from: Bitkoyns on September 11, 2018, 04:31:03 AM

Quote from: Mallyx on September 11, 2018, 04:15:19 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

hero member

Activity: 1022

Merit: 503

Quote from: Blamsud on September 20, 2018, 04:31:56 AM

Quote from: makishart on September 20, 2018, 04:17:29 AM

Quote from: 1NV3ST0NM3 on September 18, 2018, 05:47:45 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

jr. member

Activity: 182

Merit: 1

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

jr. member

Activity: 252

Merit: 1

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

Blamsud

sr. member

Activity: 503

Merit: 250

Quote from: makishart on September 20, 2018, 04:17:29 AM

Quote from: 1NV3ST0NM3 on September 18, 2018, 05:47:45 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

legendary

Activity: 3108

Merit: 1029

Quote from: 1NV3ST0NM3 on September 18, 2018, 05:47:45 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

sr. member

Activity: 448

Merit: 281

Quote from: trumper on September 11, 2018, 04:56:29 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, 05:47:45 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.

AlexaSonda

full member

Activity: 504

Merit: 101

the main thing to survive in this bear is the product or platform and the community or the user, so these two points are very important to have a coin so they can survive and can quickly get up if the market has recovered. look at binance coin BNB, the BNB has a great product that is binance exchange and has a very large user.

Crypto Girl

sr. member

Activity: 980

Merit: 294

Quote from: gabmen on September 13, 2018, 08:00:06 AM

A good following perhaps? People believing in a coin would give it a good chance of keeping it afloat in times like these so developers should really put work in how they market their coins to the public.

Having a good team is essential for the coin to keep breathing, of course they'll be the one who will plan marketing strategy that will enhance their image in the community, yes some hype can help but not too much, might as well be beneficial in a long run.

Quote from: 1NV3ST0NM3 on September 18, 2018, 05:47:45 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.

A fresh idea likewise will be the edge of a coin over others as investors always look for something that will lift thus stand out in everything.

However, as we've seen new ico tokens, it's hard for them to reach even their ico price since many had lost trust to them otherwise no plans for buy back method. Better yet put our money to the strong ones.

1NV3ST0NM3

full member

Activity: 420

Merit: 110

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.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

A good following perhaps? People believing in a coin would give it a good chance of keeping it afloat in times like these so developers should really put work in how they market their coins to the public.

chickenado

hero member

Activity: 1036

Merit: 502

Quote from: Investhunter on September 13, 2018, 06:19:04 AM

Quote from: dudbits on September 12, 2018, 02:58:42 PM

Decentralisation yes.

I would say another key characteristic is a 'shipped' product. A working product. So many of these projects / ICOs are priced on hype and pure speculation. Those that are out there and functioning I think are being valued for that function. Doge is just as good an example of this as Bitcoin!

Privacy coins too? I think the crypto bear market is coinciding with some crises in more traditional markets + countries experiencing hyper-inflation. Dash has stayed strong and I wonder if its adoption in Venezuela has something to do with that?

I'm invested in and interested in POS privacy coin Spectrecoin, it's got the best tech and remains 'undiscovered', but can't see that lasting too much longer, especially when they launch stealth staking.

Agreed

Some legit projects like Spectrecoin (successor of ShadowCash) with proof-of-stealth (or anonymous PoS staking) are definately would find its floor and soar with a next bull market on tech alone

There ICO’s that ate really against all odds will stand because of its working products that's really essential to the the life of the people like product that would make life easier products that promotes technology services and the likes, ICO's like those will not depend on the price of cryptocurrency movement it become independent to the market trends because many will patronize their products due to need.

Investhunter

newbie

Activity: 56

Merit: 0

Quote from: dudbits on September 12, 2018, 02:58:42 PM

Decentralisation yes.

I would say another key characteristic is a 'shipped' product. A working product. So many of these projects / ICOs are priced on hype and pure speculation. Those that are out there and functioning I think are being valued for that function. Doge is just as good an example of this as Bitcoin!

Privacy coins too? I think the crypto bear market is coinciding with some crises in more traditional markets + countries experiencing hyper-inflation. Dash has stayed strong and I wonder if its adoption in Venezuela has something to do with that?

I'm invested in and interested in POS privacy coin Spectrecoin, it's got the best tech and remains 'undiscovered', but can't see that lasting too much longer, especially when they launch stealth staking.

Agreed

Some legit projects like Spectrecoin (successor of ShadowCash) with proof-of-stealth (or anonymous PoS staking) are definately would find its floor and soar with a next bull market on tech alone

Silenox

full member

Activity: 546

Merit: 122

Decentralization for sure, a clear and objective project, to follow the roadmap without paying attention to the price, and to count on the support of a community strong and interested in the project in the long term, not just speculate and get out.

Upercusa

newbie

Activity: 56

Merit: 0

According to my own observations, I decided that bears choke any currency despite its advantages, etc. Sad... Embarrassed

dudbits

newbie

Activity: 6

Merit: 0

Decentralisation yes.

I would say another key characteristic is a 'shipped' product. A working product. So many of these projects / ICOs are priced on hype and pure speculation. Those that are out there and functioning I think are being valued for that function. Doge is just as good an example of this as Bitcoin!

Privacy coins too? I think the crypto bear market is coinciding with some crises in more traditional markets + countries experiencing hyper-inflation. Dash has stayed strong and I wonder if its adoption in Venezuela has something to do with that?

I'm invested in and interested in POS privacy coin Spectrecoin, it's got the best tech and remains 'undiscovered', but can't see that lasting too much longer, especially when they launch stealth staking.

Barmalei06

newbie

Activity: 79

Merit: 0

I think that we need a ready-made product that people would use right now. because many coins so far only projects and so far only promise that in the future they will give something to us. and those that are already used in life are very few

Mallyx

hero member

Activity: 1138

Merit: 574

Quote from: Bitkoyns on September 11, 2018, 04:31:03 AM

Quote from: Mallyx on September 11, 2018, 04:15:19 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.

localcrypto

member

Activity: 287

Merit: 10

if the development team is strong and innovation in blockchain and coin team attend blockchain conference we can trust those coins and buy and hold those coins

Red-Apple

hero member

Activity: 1470

Merit: 655

based on what majority of people in altcoin market define survival it means a coin that only stays around and has minimal trading volume. nothing else is important. the coin can stop functioning or stop producing new blocks, they will call it "survival".
based on that definition almost all of the altcoins (at least 95% of them) will survive for a longer time even with all the dumps that are going on and eventually the pumps will begin.

however if we change the definition of "survival" to having real adoption apart from speculators then about 85% of them area already dead even though they may have very high prices.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: European Central Bank on September 09, 2018, 10:28:55 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?

Doge is here for long time just because it is a very simply and friendly coin, most users start to use it at the very beginning of their crypto interest and it has some sentimental value for them - it is a key for long-term survival in my opinion. Recent Doge pump is due announced Dogethereum bridge, project that will allow Doge to use Ethereum network, this is why is overtaken Zcash.

Many coins will survive this market, most of people just look for ones that can bring them biggest profit - but besides Dogecoin who is last for so long time, if coin have no real purpose other then pump/dump it will fail with time. For example all forked BTC, I do not see any purpose for them to exist in long term, how they can be better then BTC or more accepted by people?

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

No qualities even the best coins they say are even depending on its community. When there's no community that supports that coin it won't survive at all.

Low market cap, no/low volume trade shows that coin won't survive unless there's a huge news that will come to save it that will encourage its community to have and gain something. Doge has been popular as a memecoin and the community loves it so that's how its surviving until now even there's no more lead dev.

trumper

full member

Activity: 406

Merit: 102

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.

Cnut237

legendary

Activity: 1904

Merit: 1277

The main thing I've noticed is how the relationship of trading pairs brings every coin down together, regardless of its individual merits. I've looked at quite a few smaller cap ERC20 coins, and they're all staying at a consistent level vs ETH - so when ETH falls against the US$, these fall the same amount, or thereabouts. And this is true enough for bigger coins as well, whether ETH or BTC is the dominant pair for trading, and for ETH itself being half of a trading pair with BTC.
All of crypto is moving down together, and what we need is for the markets to mature a bit and for each coin to be easily and directly tradeable vs fiat. Only then will they be able to stand on their own strengths, and not be pulled up and down by BTC.

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

It really depends on the success of a certain project. If the project is successful, more people will attempt to buy their coin. A successful project is based on its credibility and its their good team. There are many scammers with new projects. That is why people fear to enroll in such a project. Many investments are taking place in that project. So if we are talking about quality, then I would say, the team and the content of such a project. These two are the fundamental of any good project.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: European Central Bank on September 09, 2018, 10:28:55 PM

...
a prime example of this is doge. it's been around for what feels like forever. no one's really in control of it.
...

Isn´t the real reason why Doge is still around that Doge has a healthy community?
After all if a coin has some community support there is at least a certain percentage of people,
who will buy a few coins occasionally and others might devote a little development time
or build a project on top of the coin.

The problem with the coins that are just founded to enrich the founders is that the
developers often lose interest when the price drops (as they often own a huge percentage
of the total supply) and people start to lose interest in the coin. Just take a look at promising altcoins
from 2015 or 2016. Some of them were completely abandoned by the developers as a result
of a continuous price decline, which kind of makes sense if they were only in it
for the money anyway.

Bitkoyns

sr. member

Activity: 1078

Merit: 262

Quote from: Mallyx on September 11, 2018, 04:15:19 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.

Mallyx

hero member

Activity: 1138

Merit: 574

No qualities are required when you see DOGE.

starblocks

hero member

Activity: 1344

Merit: 502

Most of it comes down to usability not just technical features or hype

The more people who are actually transacting with a currency the better it will fair in a situation where there's less investment in assets that are more speculative in their ability to achieve some adoption

fritzpaulusha

jr. member

Activity: 70

Merit: 1

Quote from: European Central Bank on September 09, 2018, 10:28:55 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?

A coin must be exchangeable on valuable services (working product backed by this coin).
If demand on such service does not depend on market fluctuations then a coin will survice.

icalical

sr. member

Activity: 1400

Merit: 268

Fully Regulated Crypto Casino

I think the most important qualities that a coin need to be able to survive now is their community support, I will not talk about Bitcoin or Ethereum that has been widely adopted. But let's talk about other coins that are not too famous just like your example which is Doge, the main reason why doge is still surviving this bearish is that many people use it, they like it because of the cheap fee and fast transaction. Moreover, we do not see much payment coin like Doge, their only competitor is NANO. In this hard situation no matter how good your project's vision is, when a project can not give what people want right here right now, they will not survive.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: secondhandlark5 on September 10, 2018, 06:46:36 AM

I do not see a project who standing strong in this bear market. If we look at all projects in average then we see that Bitcoin is the strongest, if we compare it with the ATH of the coins.

i'm not talking about doing well, nothing's doing well, it's more about coming out relatively unscathed to be a contender another day compared to the stuff that'll fade away completely.

supply could be another factor. mined stuff in general has better distribution and more incentive to keep going.

i7claufe

member

Activity: 378

Merit: 42

AhrvoDEEX FUTURE OF BROKERAGE TRANSACTIONS

It's okay if a coin/token/platform goes down and negative during this bear market, 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.

bchdfsy

jr. member

Activity: 60

Merit: 1

I think the most characteristic that a coin needs now is popularity because look at all the unknown coins they are suffering much more then BTC or ETH.

secondhandlark5

jr. member

Activity: 238

Merit: 1

"JOIN THE NEXT MEGATREND IN CRYPTO!"

I do not see a project who standing strong in this bear market. If we look at all projects in average then we see that Bitcoin is the strongest, if we compare it with the ATH of the coins.

shanem

legendary

Activity: 1344

Merit: 1000

The coin needs to have real-world case use and not just some ERC20 token. It means the devs must sell their solutions to the users and not focus on the coin in the beginning. When the project gains traction with many users, then the devs will think of how the coin will add value to their project. You need to find a coin where the devs is focusing on solving problems that users face.

saqwe

sr. member

Activity: 700

Merit: 250

Quote from: tomahawk9 on September 10, 2018, 06:10:27 AM

The coin or token simply needs to be a legit project, with investors interested and a solid community backing it up. If it is simply vaporware or a shitty project looking a pump and dump, then chances of it dissapearing after this bloodbath are pretty high.

The coins you mentioned have been on the market for a very long time like zcash or litecoin, and there's a reason for it, they don't have unique characteristics, people trust these coins bucause they have proven to be legit cryptos over time, that's why they'll survive this bear market. Projects who lacked trust in the cryptosphere will most likely dissapear.

Yes, I agree wit your suggestions of the qualities that a coin needs to have for it to survive the bear because without these, it may likely crash. It needs to be legit that is has very good idea, good technology, team members and also a very strong and supporting community for it to survive the present condition of the crypto market.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

The coin or token simply needs to be a legit project, with investors interested and a solid community backing it up. If it is simply vaporware or a shitty project looking a pump and dump, then chances of it dissapearing after this bloodbath are pretty high.

The coins you mentioned have been on the market for a very long time like zcash or litecoin, and there's a reason for it, they don't have unique characteristics, people trust these coins bucause they have proven to be legit cryptos over time, that's why they'll survive this bear market. Projects who lacked trust in the cryptosphere will most likely dissapear.

bobo012

sr. member

Activity: 714

Merit: 257

I would say uniqueness. To have a token in your project which serves as an utility token, in most cases an ERC20 token, is just not gonna cut it any more. Privacy coin is also not a good selling point as we already have good privacy in Monero. Pumping your coin with transaction per second count is no good too because i believe in lightning network to do that.
So in short it has to do something revolutionary, unique and unseen, also has to have purpose. What it is i dont know but we will know if we see it.

jashley

member

Activity: 280

Merit: 10

None because the BTC dominance right now is around 55% and even those altcoins had a solid news upcoming it really doesn't affect right now. What we need is a solid news for crypto world which will start a mass adoption of this technology here in our world.

AltcoinsBattle

member

Activity: 537

Merit: 12

Most likely, decentralization is effective in quiet times. If you understand psychology, you may know that in extreme cases most people behave the same way. Thus, no matter what this coin is, if it's a panic, then everyone will sell it, if FOMO, then everyone will buy it. IMHO

diouf67

full member

Activity: 260

Merit: 104

Quote from: European Central Bank on September 09, 2018, 10:28:55 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?

Decentralization is probably the top of the list, that way you can be sure there isn't anyone behind the scenes pushing their own agenda instead of that of the people invested in the coin. Although that mostly applies to only established coins. The others that seem to be performing well have some sort of an actual use, bar a few they are fully established and out of the development stage. It's hard in this environment for people to invest in speculate coins. Much like in the real markets when times are tough money flows back towards gold, government bonds etc, here it flows back towards bitcoin mainly and then a few other of the stronger more established coins.

European Central Bank

legendary

Activity: 1288

Merit: 1087

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?

Topic: what qualities does a coin need to survive this bear? (Read 632 times)