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Topic: Do the name affect to the price??? (Read 703 times)

sr. member
Activity: 1400
Merit: 259
November 28, 2017, 07:59:49 AM
#48
It does affect the price, sadly most of the users above didnt agree with that.
I will give you an example.
If I am a newbie and I got 2k uSD. Because of the confusion that it made I might be going to the wrong crypto instead of just bitcoin.
Even if it could happen 1/100 a day it will still bring the other biitcoin name user to a pump.
I dont about you guys but why do you think other companies are copying those item name which are popular. It is for that reason only.
full member
Activity: 798
Merit: 103
November 28, 2017, 07:47:39 AM
#47
Yes, i think the name of a coin does have an effect on the price. Just look at Bitcoin Gold or Bitcoin Cash. But i think the marketing does have a bigger effect on the price of a coin.
sr. member
Activity: 344
Merit: 250
November 28, 2017, 07:42:31 AM
#46
The distippline studying it is called phonosemantics Smiley
But hype is stronger.
full member
Activity: 616
Merit: 102
November 28, 2017, 07:40:33 AM
#45
LOL. This question should be asked to magic people — those who deal with cards, astrology and whatnot. The names with Bitcoin simply say that these alts are the result of a fork. No, the name cannot affect the price.  Smiley
Yeah correct they use the name bitcoin because it's a fork.
The name bitcoin will ring a bell so I think it really helps. However it all depends on how great the new idea is. It will become shitcoin even if it bear the name bitcoin if people will not support.
full member
Activity: 434
Merit: 100
November 27, 2017, 04:56:52 AM
#44
LOL. This question should be asked to magic people — those who deal with cards, astrology and whatnot. The names with Bitcoin simply say that these alts are the result of a fork. No, the name cannot affect the price.  Smiley
member
Activity: 164
Merit: 19
November 25, 2017, 04:54:01 AM
#43
trade is 50%+ psychology. so yes, the name and the timing and the environment and the sender of an information is important.
why do you think so many ico show and introduce members of their advisory boards? (sometimes invented i guess)
only to show, yes we have names and professionals an board. name influence more than you think.
name your coin TRASHCAN or GOLDCAN...
hero member
Activity: 3038
Merit: 634
November 25, 2017, 04:49:24 AM
#42
Pulling more investors is making your brand look like the original one. Naming their coins with "bitcoin" or any another popular alt coin like "eth" will have them big chances of putting their coin on the trend.

There's no guarantee that they can make it since there are some coins that has same name with bitcoin but it wasn't able to make it and if you are familiar with bitcoin unlimited, that's what I'm talking.

Naming the coin with popular ones do really affects the price of it. But still the whole thing is what we should consider about that coin before investing into such branded altcoin.
sr. member
Activity: 1400
Merit: 283
November 25, 2017, 04:42:50 AM
#41
There are lots of selling techniques to have a higher sales and having a good and attractive name is one of them. If the name attracts the costumers or buyers the demand will be high but the price will high if the supply is low. I think the name is slightly affects the price of the certain cryptocurrency but it needs a good project and the other selling techniques. If the cryptocurrency reach the highest demand, I think it will boom the price. Name affects the price but it should be accompanied by other techniques to make a cryptocurrency successful.
I agree, the name alone does not affect the price, a few years back when people didn't know shit they would ahve fallen for another cheap product made by a big company, today people ahave learned from past experiences and a long trial and error and they usally they don't rush in just for a product from a big name company, take for exemple bitcoin cash and bitcoin gold, these tow crypto currencies were derived from the bitcoin, they haven't been successfull at launch but when the devs lowers their mining difficulty they started having some progress, and that proves this point.
full member
Activity: 304
Merit: 100
November 25, 2017, 04:06:22 AM
#40
There are lots of selling techniques to have a higher sales and having a good and attractive name is one of them. If the name attracts the costumers or buyers the demand will be high but the price will high if the supply is low. I think the name is slightly affects the price of the certain cryptocurrency but it needs a good project and the other selling techniques. If the cryptocurrency reach the highest demand, I think it will boom the price. Name affects the price but it should be accompanied by other techniques to make a cryptocurrency successful.
member
Activity: 80
Merit: 10
November 25, 2017, 04:03:40 AM
#39
From what I've seen so far, Bitcoinnect and BitcoinCash have high price on market. I've just wonder what if these project had different name, i mean without "Bitcoin" inside, then people will know these coin? will these coin have today's price?
If yes, maybe it's a chance for EthereumClassic(ETC) now? because ETH raise so fast, people-who miss the ETH train will see some hope in this coin with "Ethereum" inside the name??? Now price on coinmarketcap is $18.5
I think the name only gives small effect to the price. Bitcoin Cash has a high price because it is supported by big investors so that demand grows
EthereumClassic has been around since 2016 but the price is still $ 20 and it proves that the name does not have a big effect
The ETC was an accident, and if POLO was not traded on the ETC / BTC, none of us knew of getting a free coin for the moment after bifurcation. In a sense, this is a bad thing, it caused the current difficulties in the BTC, everyone wants to further crush BTC's profits, and no further regard to the future potential of BTC was further digested and sacrificed overdraft. Of course, still need to see the strength of the development team.
full member
Activity: 406
Merit: 101
Decentralized Digital Billboards
November 25, 2017, 03:55:15 AM
#38
From what I've seen so far, Bitcoinnect and BitcoinCash have high price on market. I've just wonder what if these project had different name, i mean without "Bitcoin" inside, then people will know these coin? will these coin have today's price?
If yes, maybe it's a chance for EthereumClassic(ETC) now? because ETH raise so fast, people-who miss the ETH train will see some hope in this coin with "Ethereum" inside the name??? Now price on coinmarketcap is $18.5
I think the name only gives small effect to the price. Bitcoin Cash has a high price because it is supported by big investors so that demand grows
EthereumClassic has been around since 2016 but the price is still $ 20 and it proves that the name does not have a big effect
full member
Activity: 826
Merit: 111
November 25, 2017, 03:51:09 AM
#37
From what I've seen so far, Bitcoinnect and BitcoinCash have high price on market. I've just wonder what if these project had different name, i mean without "Bitcoin" inside, then people will know these coin? will these coin have today's price?
If yes, maybe it's a chance for EthereumClassic(ETC) now? because ETH raise so fast, people-who miss the ETH train will see some hope in this coin with "Ethereum" inside the name??? Now price on coinmarketcap is $18.5
Yeah the name has a great impact on the market growth. Since Bitcoin is on top of all crypto currencies, people trusted on the name more than bitcoincash and bitconnect projects and the teams strength. I would say,  70% of their growth comes duo to the name, then the rest falls on their projects and teams.
hero member
Activity: 3080
Merit: 603
November 25, 2017, 03:32:18 AM
#36
This is what's on my mind too, since they are putting the tag name of "bitcoin" on their coin it makes them popular. The same goes with Ethereum, Ethereum classic. But it's not totally the whole reason why these coins/split coins has a good price. They are upgraded and has their own features that allows them to gather many investors that adds up to their market cap.
member
Activity: 163
Merit: 10
November 25, 2017, 02:59:49 AM
#35
Of course, the name can influence the price of a coin. Many coins have newer names or reference other coin names such as bitcoin diamonds, bitcoin gold, etc., as well as stratis and strats, which are easily appealing to purchase.
member
Activity: 64
Merit: 10
to the moon
November 25, 2017, 02:58:25 AM
#34
it's like brand name. simple is better.
full member
Activity: 238
Merit: 100
Live Stars - Adult Streaming Platform
November 25, 2017, 02:49:06 AM
#33
Yes, I totally with your view. There are many investors who are lack of information. They sometimes buy because of the name. I think this is very dangerous for them. They are easy to lose their money
sr. member
Activity: 910
Merit: 252
November 25, 2017, 01:09:02 AM
#32
Yes name effects for sure recent e prefix airdrops era started in that lots of coins named ebtc , Eltc , ebch some of the evoking really given good profit after seeing the value after I sold this coins . I understand one thing this coins sold only because of name nothing else I got few bucks in my pocket.
full member
Activity: 263
Merit: 101
Leo Bitman
November 25, 2017, 12:59:39 AM
#31
Yes, it has influence but very small, I am sure it is less than 4%.
The name is necessary to differentiate a thing from something else, but the name does not do the thing itself.
In the same way that the name of a person does not make the person, the person makes his name important or not.
If football player Lionel Messi changes his name can he improve his contracts? Obviously not.
It is very clear that the improvements must always be made in the important aspects,
and here a long list of aspects of the project continues until we arrive, perhaps in the last place, to the name.
full member
Activity: 868
Merit: 151
November 25, 2017, 12:38:08 AM
#30
The name can really affect prices, such as bitcoin cash, bitcoin diamonds, bitcoin gold, which capitalize on bitcoin's reputation to increase market capitalization, so the naming of a coin is also important.


This is all the hard fork coin that can have the similar name starting from bitcoin and rest follows. But other altcoin which is created cannot have bitcoin as a name and has to be unique as that cannot get the leverage of bitcoin name in their coin's initial. So yes along with name more the team, coins details, its usability will matter in altcoins.
member
Activity: 299
Merit: 15
November 25, 2017, 12:35:35 AM
#29
The current coin market, investment quality ico project is still very profitable, such as the recent oracles, kankex and next month's Bitcoin based smart contract rsk will start, so if I can invest part ico.
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