Topic: Is it really worth it? - page 3. (Read 716 times)
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.
In the real world investments in companies worth $10 - $20million implies that the company is big. Then again its' not about the number of employees, but the quality of the employees executing the project and then ultimately, the product which is what people are investing on. In the cryptoworld unfortunately, we mostly invest in ideas, which is why a lot people insist on seeing a working product before investing in any ICO.
The crypto market is so unpredictable. You don't need numerous team members to believe in a project. You just need to read about the reputation of the team members. Similarly, you can also check the track record of the team behind a particular project.
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?
Altcoins and ICO are successful in different fields, they have their own project to develop.
Their prices are due to the demand of the people as they develop their project after ICO.
Number of workers are not a ig issue, ofcorse at first they only need small number of people to work with.
I think it does not represent any particular value, and this company does not stand so personally my opinion
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 personally think that many companies are too overpriced. and so many companies fail at fundraising. because for some simple projects just spent a huge amount of money. it is unclear where and why.
The cost of the company depends primarily on the product and the idea that the founders of the project want to implement. And sometimes the number of employees does not affect the total cost of the company. Everything is purely individual, so you always need to look at the roadmap of the project, what they have to do after the ICO. If the list is large and long, then they will need a lot of money, if the project is half already developed and he has very little money left for its implementation, and they will not need a lot of investment.
In the real world investments in companies worth $10 - $20million implies that the company is big. Then again its' not about the number of employees, but the quality of the employees executing the project and then ultimately, the product which is what people are investing on. In the cryptoworld unfortunately, we mostly invest in ideas, which is why a lot people insist on seeing a working product before investing in any ICO.
that is true about the real world and about real companies. but we are not discussing real companies here. we are discussing altcoins and they can create new coins out of thin air without any kind of rules. and having a higher "worth" or their "market cap" doesn't make them good.
for example one 42 coin is worth $951,581 (nearly $1 million per coin) but that doesn't make it a good coin. it doesn't have any usage, no product, no real value. just price.
Once you start winning in the crypto money market, you will really appreciate it.
Yeah not only that you will appreciate it but that will encourage you to trust and invest more with it because you have saw and witnessed your gain.This market is a very good choice for easy money making. It takes labor to spend a long time. It will be easy where you sit.
This is wrong mindset, don't ever think that it is an "EASY" money making. The crypto market is one of the hardest market that has been existing with various coins to choose so that makes someone mostly the newbies hard to find best coins. 
If you went back to the days when Apple was just Steve Jobs and Steve Wosniak working in a garage and they said they thought their business was worth $10 Million and you could buy 10% of the company for $1 Million would you think it is a good deal? When your dealing with a start up business the number of people working on the project should not be that big a consideration. It is the quality of the people leading the project that will ultimately determine whether investing in it is a good idea.
In the real world investments in companies worth $10 - $20million implies that the company is big. Then again its' not about the number of employees, but the quality of the employees executing the project and then ultimately, the product which is what people are investing on. In the cryptoworld unfortunately, we mostly invest in ideas, which is why a lot people insist on seeing a working product before investing in any ICO.
Once you start winning in the crypto money market, you will really appreciate it. This market is a very good choice for easy money making. It takes labor to spend a long time. It will be easy where you sit.
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?
Great ICOs are really unusual, but if you happen to find the right one, then yes I'd they say they are worth it.
Well, it's about the product, not the number of employees. If one person produces a product that is needed by so many people, then such a product will be costly
In my opinion, the total marketcap represents the value of the company.
you are WRONG. market capitalization for altcoins doesn't show anything at all. people mistakenly use it to compare coins with each other and rank them but it is WRONG nonetheless.
market capitalization is only used for companies because their shares are meaningful and they can not have unreasonable (fake) number of shares in the market. but an altcoin can have unlimited (fake) number of circulating coins in the market and that easily increases its market cap.
for example a shitcoin worth 1 cent can have a bigger market cap than bitcoin if it has a couple of hundred billion coins in circulation. and it is easy to create that much. there are already 200 coins with that much coins in circulation anyways!
I just did not want it to call it "bubble" but it is the word we need. This subject disturbing me for a while. We are offering an ICO millions of dollars. What did they do to worth that much ? Should I gather my team with 10 ppl to be a millionere? With a good marketing and a fair project It should workout for me too. Confused too much.
Mostly that people deserve nothing, not a millions dollars. But people are buying, the herd are running the market and investing their pennys into useless trash
Hello
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.
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 believe that legit ICO has more members than that. The thought of 5-10 employee is wrong. Maybe the team is 5-10 and considering that ICO is a company, then they would have a hundred employees in their company before they enter the blockchain. So $10m is worth it for them and for their company as well.
The ICO token is not what the company is worth. If you read their whitepaper, it is like people or donating ETH or Bitcoin for their project. The token can be worth 0 and also don't give any right in the company.
But thoses tokens are traded like it was the valuation of the company. I don't know why, but it is the rich investors who decide what is the worth of the token/coin. But it is not the real value of the company.
The company already got their funds at the ICO.
But thoses tokens are traded like it was the valuation of the company. I don't know why, but it is the rich investors who decide what is the worth of the token/coin. But it is not the real value of the company.
The company already got their funds at the ICO.
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