Ask HN: Any serious research on new crypto currency?
4 comments
An idea that's been done many times already. Turns out 99% of these projects are scams used to sell tokens to suckers. If you're not in bed with the scammers you are the mark
perhaps i can find common red flags then, i do hope legit coins appear more than 1% tho
Then who's the market? If you are not in the business of selling tokens to suckers or gamblers then you don't have a business
* existence of large accounts on that coin
* large/small market capital and volume
* early price movements
* github activity commits/stars/number of developers
I wanted to gather this kind of information including price and check again on the coins in 7-30 days.
Obviously there are informations which are hard to quantify but still.
I dont think i am the first person to think about this so maybe something was already published ?