Topic: Factors That Make One Cryptocurrency Worth More Than Another - page 3. (Read 11343 times)

Yes. But the bitcoin is run/developed by people with self interest. That is the reason the price did not rise recently.

On the contrary, Bitcoin has been demonstrated not to be run by a pack of scammers.  Whereas, with alts, if you assume that anyone with a new coin is a scammer, you'll be right more often than wrong. 

Satoshi may be the only anonymous coin dev ever, who DIDN'T Abuse anonymity to the detriment of the coin's users.

Bitcoin for sure has very innovation and used network effect very good, however it does not use trusted or famous team.

I'm not a coin dev nor a crypto expert so I don't really know what the factors are. But from what I see, the things that matter are the supply, uptime, integration and adoption.

If there the supply goes over the demand, the value drops dramatically so there should be a perfect balance between them.

Uptime, I see a lot of cryptocoins are dying because the devs aren't doing anything with it, or at least ANN too.

Integration and adoption: A coin's value will go higher if it has real world usage.

The main points are as follows: 1) technical aspects of the crypto transfer, protocol etc. 2) total number of users, 3) how many Web sites accept it as a form of payment, 4) number of exchanges that allow conversion. 

Honestly, the only major factors that will make/break a coin is real world usage and distribution. Any coin that is distributed fairly and has actual uses will see a solid foundation and an actual marketcap. Of course, there are many coins that lack this but still hold relative value due to community support and speculative appreciation (looking at the memecoins right now). However, the ones that don't have any real use outside of trading rarely take off and sustain value. They either never pick up steam or they are a flavor of the month coin and fall out of favor pretty quickly.

in fact the main developer of bitcoin satoshi nakamoto left bitcoin
and bitcoin still survive .

i think the strongest comunity and technology adoption or market is the first rules.

I'm not a nerd. I don't like maths. How about features? How about perspectives?
Ethereum may one day surpass BTC because there's a full economic system growing alongside. Numbers are not much interesting, it's what behind that make a cryptocurrency successful or not.

the network effect and liquidity are important factors

the more users use it, the stronger the coin is, naturally, and this is one of the most important factors to the success of a coin.

The adoption of people have a more obvious effect on the growth of any coin, especially when after adoption they start to buy more coins and continue their demand.
and for crypto currency it is also beneficial that people do not convert them to any other currency but use that coin to buy online/offline stuff etc

Probably pretty much all in that order.

But the Dev team should be a priority then the overwhemling needed demand for its purpose.

Which would be the "user basis", but if its something forced to be needed like just-dice to gamble that user basis is already set in play.

6-5-2-1-3-7-4  in that order.

1)  Knowing that the team behind it are not a pack of scammers.  Too many new cryptocurrencies are started by the same people who ripped off the investors in previous cryptocurrencies - and predictably they rip people off again.  Anonymous people who cannot be sued or prosecuted are not to be trusted in an environment rife with scammers.

2)  The team behind it being competent and having a good mix of skills.  A software developer by herself is not enough, unless the cryptocurrency is mostly a technical experiment (ie, not intended to become valuable); you also need someone who promotes its use as a currency (not as just a speculative vehicle) and operates a legitimate marketplace that accepts it as a currency, and someone who manages relations with a community of users probably via a website forum.  You might even need some poor sod who has to social-media, although I wouldn't wish that on my worst enemy.

3)  It has to do something Bitcoin doesn't or can't do.  Otherwise people will just use Bitcoin.

4) If it's structured in such a way that the early miners have a disproportionate advantage (set up for minting more than half the coins that will ever exist in the first year, for example) it's probably unstable and will quickly collapse.  This is *ESPECIALLY* true if the development team sets things up so that after the first few months they've got their coins and some exchange accepts them - in that case they can just dump their coins; they have no further reason to stick around.

5) A coin should not be on an exchange unless the exchange would be losing profit by failing to trade in it.  An exchange makes it too easy to do a pump&dump.  If someone has to pay an exchange to put up a market in their coins, it can only be because their coins are not worth exchanging. 

The most important factor is the demand of that currency.

It creates all the other factors.Liquidity,acceptance etc...

If there is an increase in demand.There will be increase in price.

I think the factors are :
4) how many people/businesses accept it as a form of payment
5) total number of users

if there are many business and custumers use bitcoin, it will worth more

1) most likely not relevant
2) most likely not relevant
3) only relevant in extreme cases (on the negative side: excessive inflation; artificial scarcity alone on the other hand is no guarantee of value, if there is no demand for the coin)
4) very important factor
5) very important factor
6) only relevant in extreme cases (very insecure or very secure (esp. in regard to privacy) or really new innovation)
7) very important factor

It mostly boils down to acceptance and usage of a currency, which trigger demand. If there are no users, then the best concept is worth nothing. Bitcoin reaped the benefits of being a first mover. Being the currency with the biggest user base in the first place establishes a network effect, which will continuously draw in more users and development talent.

Altcoins mostly compete against each other. In this setting, very good marketing is important to establish a significant user base.

ya.ya.yo!

Assuming you mean overall value of all the coins.
1) no, look at Doge
2) no, many are unlimited
3) inflation is important yes, but PoS coins aren'r really effected
4) yes but they are almost all very low
5) yes
6) yes
7) unfortunately yes.

I would add that speculation is probably worth much more than almost any of your points.  Bitcoin is the only coin that has a real value, and that would be pretty low.  The speculative values of all others are what decide the prices, thus why they fluctuate

any coin which like to get some market value should have large no. of developers with all of the background including webdevelopment, linux expert, c++ expert etc and also quite energetic. Its better to have ICO to collect some funds to be used in development of blockchain, web wallet and strong marketing. If it get accepted and used my large number of crypto guys that success is for sure.

By my opinion community is the most importent
Legitimate devs,and constant improvment
Finally be a currency,means buy and sell something with crypto

In my opinion developer has a major role in a digital currency growth. Another important factor is the small scale coin miners. Only if they involve those coins get circulated, so that more and more people accepts and makes it more stable among the other Digital currencies.