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Topic: Is it really worth it? - page 2. (Read 739 times)

copper member
Activity: 966
Merit: 14
May 11, 2019, 04:48:16 AM
#48
One of the things about blockchain technology is the way it offers developers the chance to prove themselves. So, within this space, every project is worth the trial, so as to show to the world new ways of doing things. Which is why, before investing in any project it is neccessry to make good research.
hero member
Activity: 1190
Merit: 541
May 11, 2019, 04:15:43 AM
#47

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?
Every one of them that made it big started small. Even bitcoin itself that is big today and with a market share of more than 50% also started it small before growing into something big, same as Ethereum, Ripple and the rest of them that has come this far. So if you see anyone of them that has a small market cap doesn't mean that the team behind it are not also working hard to get their shot at success.

Though these days it's difficult for most cryptocurrency to survive, because there are already lots of big coins in the market and investors ,, especially bigger investors tends to go for the bigger coins and not the small ones. So small ones finds it difficult to survive.

hero member
Activity: 1414
Merit: 516
May 10, 2019, 12:38:25 PM
#46
There are some companies / projects who can value a lot of even if not have a lot of employees and also there can be some coins which have some value on market but can't be selled all at that price.
legendary
Activity: 2982
Merit: 1028
May 10, 2019, 08:04:23 AM
#45

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?

I dont think the number of employee is represent a market value. Its technology company and doesnt need big number of employee and need quality employee. If we looking on bitcoin, there is no employee or CEO, but market cap value more than 100billion dollar because people believe this coin represent security and economic value
There's no clear employee but still moving and progressing, it's not about who's working behind, but the project itself will bring success and the value of their work it will depend how community will support them, every projects have it's value especially those who really exist with the usable products.
member
Activity: 798
Merit: 10
May 10, 2019, 04:46:23 AM
#44

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?

I dont think the number of employee is represent a market value. Its technology company and doesnt need big number of employee and need quality employee. If we looking on bitcoin, there is no employee or CEO, but market cap value more than 100billion dollar because people believe this coin represent security and economic value
jr. member
Activity: 420
Merit: 1
May 10, 2019, 03:26:48 AM
#43
The number of employees only reflects the stage of development of the project.The bigger and more attractive the project becomes in the eyes of investors,the bigger the team will become.Scaling is a prerequisite for successful development.
hero member
Activity: 2604
Merit: 816
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May 09, 2019, 05:18:51 AM
#42
To be honest, I even don't know about that and don't think about that. I only see what is happening on the market and I never think about what you said. If the project can run with only 5 to 10 employee and they can be a good project for a long time, then they will deserve that. We cannot say that the project with has 5 to 10 employee is not good and they cannot compete with the other project. What we need to analyze is how good they are to stay survive in the market.
member
Activity: 546
Merit: 10
May 09, 2019, 05:01:12 AM
#41
Yes it is really worth it because this time the market is up again and there is very good time to take profit and regular do this work with full faith and have patience in this work and you will absolutely get the positive result in this work.
jr. member
Activity: 420
Merit: 1
May 09, 2019, 04:40:12 AM
#40

There are coins with an interesting product but weak marketing and many of these coins are not traded on top exchanges.
This largely explains their low price and lack of interest from investors.The General state of the market is also of great importance.
member
Activity: 171
Merit: 10
May 09, 2019, 04:29:43 AM
#40
I think that every coin has its own idea and audience. Simply, there are interesting ideas in which to invest and ideas that will never be more popular.
hero member
Activity: 3024
Merit: 745
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May 09, 2019, 02:27:43 AM
#39
That's their worth and their market cap shows on how much they are. The people invested to their coin which is their product that reflects to the total worth of their company (coin). But it's not forever that they will be worth like that because if investors will start dumping, expect that they will get lower marketcap.

Yes, such market cap will be maintained if they can sustain their market price as well. If they ended up not maintaining their market performance because nobody is believing on them, no trading happening, then such market cap is useless.
No volume means that these coins aren't really worth something. Yes, having a good market cap is good but having no volume that will make these kind of coins worthless as if no one wanted to sell/buy them.
sr. member
Activity: 1960
Merit: 329
May 09, 2019, 01:29:54 AM
#38
I wouldn't shut off such an ICO immediately. Perhaps within the 10 million they want to raise, they have included a budget for hiring more staff to help them develop and run the project or even outsourcing part of the project. I think a legit ICO, even if it starts with 5-10 employees would update their community as they grow in partners and add more people to their staff.
It will worry me if an ICO amntaking part in has few employees because that tells me that the fellas are only together to scam me. Another point there is that any ICO without a developed project in mind will.end up not producing any product. It is always ending in a scam. Am very careful about this things.
full member
Activity: 784
Merit: 112
May 09, 2019, 01:18:57 AM
#37
Since i am here in cryptocurrency my hard work was really worth it because i earn extra income here by joining in different bounties and sometimes i am gonna making an investment so far so good for me. Hopefully it will continue in the future.
hero member
Activity: 1204
Merit: 505
May 09, 2019, 01:11:59 AM
#36

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?
The Crypto market is a free market, meaning that anyone is free to build any kind of project they want in the market, though the problem I have with so many altcoins in existence is that they don't really have anything to offer to the community and that way just creating a coin that will never be relevant even in years to come, though there are some few altcoins with very great potentials and I am sure they are going to make great impact in the future. 
sr. member
Activity: 1386
Merit: 406
May 08, 2019, 07:11:31 PM
#35
Making an investment is really worth it as the bitcoin now showing the positive sign in crypto market, many of the analyst are also showing their positive thoughts about the bitcoin. Bitcoin is really good for investment in the long term many investors are getting profit.
member
Activity: 1103
Merit: 76
May 08, 2019, 06:43:03 PM
#34
I also don't really understand that, but maybe because actually blockchain-based companies don't need a lot of employees, unlike companies that run real, everything can be handled with just a few computers and some people are smart-minded therefore even though this company is big and continues to grow but they don't have many employees


Because you really dont need tons of developers to do the job, hire the right people and they can do lots of the work. Its not the typical company where there are paper and grunt work wherein you need other departments in order to work.
full member
Activity: 616
Merit: 100
May 08, 2019, 06:38:25 PM
#33
I also don't really understand that, but maybe because actually blockchain-based companies don't need a lot of employees, unlike companies that run real, everything can be handled with just a few computers and some people are smart-minded therefore even though this company is big and continues to grow but they don't have many employees
full member
Activity: 1904
Merit: 138
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May 08, 2019, 06:23:39 PM
#32
That's their worth and their market cap shows on how much they are. The people invested to their coin which is their product that reflects to the total worth of their company (coin). But it's not forever that they will be worth like that because if investors will start dumping, expect that they will get lower marketcap.

Yes, such market cap will be maintained if they can sustain their market price as well. If they ended up not maintaining their market performance because nobody is believing on them, no trading happening, then such market cap is useless.
hero member
Activity: 1484
Merit: 535
May 08, 2019, 06:10:49 PM
#31
The marketcap of a particular crypto coin is usually an estimated value of the total number of the coins multiple by the market price of the coin at the particular moment in time. It doesn't actually represent the net worth of the project or the crypto company. They are basically an assumptions and can be either true or not.
jr. member
Activity: 346
Merit: 1
May 08, 2019, 06:02:10 PM
#30
Some worth it some clearly do not. I think there should be some kind of legal crypto auditors all crypto company must report to
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