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Topic: In 2020, How To Value An Altcoin? - page 4. (Read 617 times)

sr. member
Activity: 798
Merit: 250
November 28, 2019, 09:47:46 AM
#14
I have nothing to say about 2020 altcoin movement because i am not a seer but one thing looks certain though and that is bitcoin halving, actually if bitcoin can surge higher altcoins will definitely benefits
Predicting altcoin prices is indeed very difficult, especially for the next year, because to this day there are still many altcoins whose prices are down, so a strong analysis is needed to predict altcoin prices in the future.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
November 28, 2019, 09:33:54 AM
#13
Let’s talk about a simple yet important currency valuation perspective; cryptocurrency or fiat.

This valuation approach starts with the interpretation of an essential concept that has been put conveniently within the definition of the word cryptocurrency-a subtle definition that has been lost on many investors, sadly.

Looking at the word cryptocurrency more closely, we see that it is a compound word-that is, two smaller words combined to create a new word with its own meaning:

    CRYPTO: a word cryptography abbreviation; the art of writing or solving ciphers and codes;
    CURRENCY: something used as a means of exchange; money.

Cryptocurrency is generally defined as a compound word as a digital currency that uses encryption as a mechanism for validating and verifying transactions.

So what is it that lends itself to a new perspective on valuing altcoins within the term cryptocurrency?

What Is Currency?

Currency is a medium of goods and services exchange. In short, it’s money, usually issued by a government in the form of paper or coins, and generally accepted as a method of payment at its face value.

In the modern world, money is the main means of exchange, having long since replaced bartering as a means of exchanging goods and services.

A new form of currency entered the language, the virtual currency, in the 21st century. Virtual currencies like bitcoins have no physical existence or support from the government and are traded and stored in electronic form.

Read more DoggBitCoin.Com


how to value an altcoin in one easy step:by its price Wink  thats the same way Satoshi valued BTC, so why should any other coin be any different?
"satoshi, whats a Bitcoin worth"?    "w.e people pay for it"   Wink
Same with an altcoin, tokens/coins worth lerss than doge pretty much say it all no? anything under 1000 sats is garbo for an investment long term, basically Tongue
full member
Activity: 1330
Merit: 248
November 28, 2019, 09:30:45 AM
#12
So, if cryptocurrency has two words which are crypto and currency then the altcoin has also two words cause it has alt which means alternative and coin is as it is. We already encountered different kinds of altcoins and not all of them has a value some of them are trash so it is still in our wallet, we still don't know what will happen with altcoins in the year 2020 but hopefully something good will happen that will make altcoin will back to its track and make a good value next year.
sr. member
Activity: 714
Merit: 254
November 28, 2019, 08:28:08 AM
#11
Having too much expectation sometimes could lead you to bigger loss, do let's just stay calm in predicting altcoins and don't invest too much on it, let's just watch closely those altcoins, as we cannot control it and we don't know what will happen on it in the upcoming year so better to invest Bitcoin if you really wanted to invest and you do have spare money on it.
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
November 28, 2019, 08:15:35 AM
#10
Let’s talk about a simple yet important currency valuation perspective; cryptocurrency or fiat.

This valuation approach starts with the interpretation of an essential concept that has been put conveniently within the definition of the word cryptocurrency-a subtle definition that has been lost on many investors, sadly.

Looking at the word cryptocurrency more closely, we see that it is a compound word-that is, two smaller words combined to create a new word with its own meaning:

    CRYPTO: a word cryptography abbreviation; the art of writing or solving ciphers and codes;
    CURRENCY: something used as a means of exchange; money.

Cryptocurrency is generally defined as a compound word as a digital currency that uses encryption as a mechanism for validating and verifying transactions.

So what is it that lends itself to a new perspective on valuing altcoins within the term cryptocurrency?

What Is Currency?

Currency is a medium of goods and services exchange. In short, it’s money, usually issued by a government in the form of paper or coins, and generally accepted as a method of payment at its face value.

In the modern world, money is the main means of exchange, having long since replaced bartering as a means of exchanging goods and services.

A new form of currency entered the language, the virtual currency, in the 21st century. Virtual currencies like bitcoins have no physical existence or support from the government and are traded and stored in electronic form.

Read more DoggBitCoin.Com

Firstly, I will say your topic didn't relate much with the body of your post, nice read but you didn't actually talk about "In 2020, how to value an altcoin" rather general knowledge on cryptocurrency. Everyone keeps having high hopes about 2020, personally I think it will also be a great year for crypto enthusiasts. I hold just 3 altcoins at the moment including ETH, and hoping they do well next year. Bitcoin remains my major holding and I expect a boom come 2020.
hero member
Activity: 1358
Merit: 509
November 28, 2019, 08:12:34 AM
#9
I have nothing to say about 2020 altcoin movement because i am not a seer but one thing looks certain though and that is bitcoin halving, actually if bitcoin can surge higher altcoins will definitely benefits
Is not the dominance already in the bitcoin? According to cmc this is over 66% and it's like a hint as to how altcoins can increase. So, if bitcoin increases, altcoins will be affected, at least because the price of all of them is calculated by the king, if they remain as they are, the increase of bitcoin will pump their price also.
jr. member
Activity: 109
Merit: 1
November 28, 2019, 08:07:33 AM
#8
Some altcoins are still useful even beyond 2020, If the use case was still intact at that time i'm sure altcoins will be remain valuable. The existence of the cryptocurrency industry will determined the demand of altcoins including bitcoin in 2020 and beyond. My opinion was very simple until the cryptocurrency industry has a value the altcoins demand will be remain as it is.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
November 28, 2019, 08:03:18 AM
#7
at this time we still haven't entered 2020 and we can't judge about Altcoin, who is knows what will happen with Altcoin in next year? I might be able to judge about Altcoin if we are already entered in 2020 and hopefully the future of Altcoin will be bright in the coming year.
we all want to believe in the future of altcoins in 2020, but now everything does not look very positive. There are some coins that are starting to show sharp growth in recent days, but this does not mean anything. you need to be constantly prepared for the fact that the season of altcoins can start at any time or never come at all
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
November 28, 2019, 07:01:16 AM
#6
I have nothing to say about 2020 altcoin movement because i am not a seer but one thing looks certain though and that is bitcoin halving, actually if bitcoin can surge higher altcoins will definitely benefits

Why you relate something out of hand here?

Its totally unrelated to what the OP is saying. He is explaining the total difference of crypto from currency and how it affects in the world currency.

For OP, its really a prime time now to depend on digital since the era is evolving, Imagine China move to adopt blockchain is widely spread across the globe and they know how this can affect the economy later on.
hero member
Activity: 2268
Merit: 709
November 28, 2019, 07:00:09 AM
#5
In 2020, an alt will have value if it has a real use case: by now many projects are not keeping intentions.
For example we will find out if the PoS will have its say as a consent mode...
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 28, 2019, 06:45:12 AM
#4
I have nothing to say about 2020 altcoin movement because i am not a seer but one thing looks certain though and that is bitcoin halving, actually if bitcoin can surge higher altcoins will definitely benefits
Nothing to say about that consider if OP just wanna promote his blog here. Why so many people are spamming so many blog these days, Halving is not yet done and the impact not yet come to the bitcoin.
Altcoin which was having real usability will keep increase on its value while at the same time altcoin that was getting dropped by the investors caused lack of the development will be dead.
member
Activity: 784
Merit: 21
November 28, 2019, 06:19:06 AM
#3
I have nothing to say about 2020 altcoin movement because i am not a seer but one thing looks certain though and that is bitcoin halving, actually if bitcoin can surge higher altcoins will definitely benefits
full member
Activity: 731
Merit: 100
November 28, 2019, 05:53:36 AM
#2
at this time we still haven't entered 2020 and we can't judge about Altcoin, who is knows what will happen with Altcoin in next year? I might be able to judge about Altcoin if we are already entered in 2020 and hopefully the future of Altcoin will be bright in the coming year.
newbie
Activity: 44
Merit: 0
November 28, 2019, 05:39:57 AM
#1
Let’s talk about a simple yet important currency valuation perspective; cryptocurrency or fiat.

This valuation approach starts with the interpretation of an essential concept that has been put conveniently within the definition of the word cryptocurrency-a subtle definition that has been lost on many investors, sadly.

Looking at the word cryptocurrency more closely, we see that it is a compound word-that is, two smaller words combined to create a new word with its own meaning:

    CRYPTO: a word cryptography abbreviation; the art of writing or solving ciphers and codes;
    CURRENCY: something used as a means of exchange; money.

Cryptocurrency is generally defined as a compound word as a digital currency that uses encryption as a mechanism for validating and verifying transactions.

So what is it that lends itself to a new perspective on valuing altcoins within the term cryptocurrency?

What Is Currency?

Currency is a medium of goods and services exchange. In short, it’s money, usually issued by a government in the form of paper or coins, and generally accepted as a method of payment at its face value.

In the modern world, money is the main means of exchange, having long since replaced bartering as a means of exchanging goods and services.

A new form of currency entered the language, the virtual currency, in the 21st century. Virtual currencies like bitcoins have no physical existence or support from the government and are traded and stored in electronic form.

Read more DoggBitCoin.Com
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