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Topic: New to Trading - page 9. (Read 1074 times)

hero member
Activity: 1134
Merit: 515
March 19, 2018, 05:17:08 AM
#35
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

All cryptocurrency price is base in supply and demands the more demands of this coins the higher the value of this and the more people selling there coins the more also lower there price.
Demand and the supply is the only measure which we use to measure the exact market value of any of the coin amongst all the coins which are there or even in determine the market value of any other thing as well. Being newbie, you only need to focus on learning of as many new things as you can and that you need to learn the tactics by getting enough of the trading practice and knowing more things.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
March 19, 2018, 02:28:54 AM
#34
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

Well, all the options which you have personally linked it like Demand, Utility, Network Scarcity, Use are useful for driving the valuation of the cryptocurrency, but the major one which is solely responsible for the ups and downs of the bitcoin is Demand and Supply. Then come the Utility and Network where it is being used on a high scale basis where the demand and supply is been generated. Apart from all these nowadays the news and major announcements are also affecting the bitcoin and other crypto coins.
Yes the demand and supply have a greater effect in the bitcoin price on which everyone wanted to have even it is a high risk there are still many people wanted to use it because of it's uses that everyone can be able to use without having too many requirements. I'm also agree with you that the news are having a big role in crypto market now on which it can help the bitcoin to expose its good platform to the investors so that they are become aware for the bitcoin development and encourage to invest.
sr. member
Activity: 588
Merit: 250
March 19, 2018, 02:21:53 AM
#33
the factor that determines the value of crypto is the amount of demand and the decrease in demand, when many people make a continuous purchase then the value of coin will rise and vice versa if many people do panic sales then the value of the coins will go down

It can be possible but I think the price are now more depend on news specially with FUD news.
Investors are taking care right now because of so many happenings in cryptoworld in the past months but I still believe they will come when the market is in the stable support now.
Many people try to drop the bitcoin price to buy the cheapest price. this is fair because the bitcoin price increase is unreasonable and this is very dangerous for the latest community. They will be investors with high risk because money will be a strong attraction.
emerging new rules so investors are more cautious to invest. as is being done by the current G20 countries.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
March 19, 2018, 02:03:51 AM
#32
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

Well, all the options which you have personally linked it like Demand, Utility, Network Scarcity, Use are useful for driving the valuation of the cryptocurrency, but the major one which is solely responsible for the ups and downs of the bitcoin is Demand and Supply. Then come the Utility and Network where it is being used on a high scale basis where the demand and supply is been generated. Apart from all these nowadays the news and major announcements are also affecting the bitcoin and other crypto coins.
full member
Activity: 532
Merit: 101
March 19, 2018, 01:44:03 AM
#31
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

All cryptocurrency price is base in supply and demands the more demands of this coins the higher the value of this and the more people selling there coins the more also lower there price.
Supply and demand are the two major factors in the world of crypto coins that determine the value of a specific digital currency with time. For instance, bitcoin is available in a very scarce amount but its demand is at high levels. But there is more to story than that. It is also the actions of big investors that effect the price greatly. Whenever a big selling out or buying is done, the value decreases and increases a lot respectively.
member
Activity: 294
Merit: 13
March 17, 2018, 11:54:30 PM
#30
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?
The first valuation before ICO is driven by Developer team valuation, how useful to people for creating demand, in which business sector, how big is the market, etc. If after ICO, valuation is driven by supply and demand. But this supply and demand significantly determined by the successful of developer to convince all stakeholder for the utility acceptance in the market area.
full member
Activity: 686
Merit: 108
March 17, 2018, 11:24:29 PM
#29
the factor that determines the value of crypto is the amount of demand and the decrease in demand, when many people make a continuous purchase then the value of coin will rise and vice versa if many people do panic sales then the value of the coins will go down

It can be possible but I think the price are now more depend on news specially with FUD news.
Investors are taking care right now because of so many happenings in cryptoworld in the past months but I still believe they will come when the market is in the stable support now.
full member
Activity: 658
Merit: 103
March 17, 2018, 11:10:02 PM
#28
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?
Accessibility is one of the factor that almost outweigh all that on your list why you ask? Of course im predicting what might your possible response are it is either yiu can contact all of the members on the team also the CEO are participating upon the activities on all their campaigns then the support comes after that like if you have issues on your side they can help you with ease you must not overlook what im talking cause each of which is essential to identify what's good and bad for most traders.
sr. member
Activity: 644
Merit: 261
March 17, 2018, 10:33:38 PM
#27
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

It's about supply and demand. The more people who wants to buy it, the higher its price will be but when people refuse to buy it because they think it is overvalued at the moment then they would sell it. Due to the limited supply of a coin and the high demand for it, price would increase but if people do not want to use it then price decrease.

It is a combination of several factors but what factor that greatly affect the price nowadays is the news. The whales control the media so if they want to drive the value up, they would just release several good news and if they want to drive the value down they would release some bad news FUD after FUD and it would have a big effect because people will react regardless if it is just a rumor or an actual news.
newbie
Activity: 89
Merit: 0
March 17, 2018, 08:38:07 PM
#26
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?
the factor that determines the value of crypto is the amount of demand and the decrease in demand, when many people make a continuous purchase then the value of coin will rise and vice versa if many people do panic sales then the value of the coins will go down
full member
Activity: 434
Merit: 102
Leading Cryptocurrency and Blockchain Company
March 17, 2018, 06:04:29 PM
#25
cryptocurrency valuation is usually based on demand and supply just like any other market commodity.But on the average it has to do more with price speculation rather than on an intrinsic value within the cryptocurrency and that usually drives the price too more because people anticipate a future price and so buy more now.It is however important to note that some currencies have utility and so their prices are also dependent on that.
member
Activity: 241
Merit: 36
March 17, 2018, 05:20:35 PM
#24
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

the factor that affects the price of the coin is if the demand for coins and the total supply of slightly automatic coins the price will be high, let alone the coin has a good network advantages
full member
Activity: 2128
Merit: 180
March 17, 2018, 04:28:53 PM
#23
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

Everything you said can really affect the valuation of cryptocurrency, this is how volatile the market is. Its not too late, the market are quiet dump in the pasts weeks meaning you can have your cryptocurrency at a lower price. Try to make a study for at least 5 coins and start investing.
jr. member
Activity: 98
Merit: 1
March 17, 2018, 04:15:06 PM
#22
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?
I think you are not off base,but you are on track. Basically, Scarcity refers to the finite nature of the coins. In economics, a fixed supply of a certain item would increase its value in the long term, assuming its demand increases. This creates scarcity, as there is only a limited supply of coins in circulation. For instance, Bitcoin’s maximum supply is fixed at 21 million coins. Especially for coins that have a great utility, demand will undeniably push its value up.
Some coins even employ a “burning” mechanism, which refers to the act of destroying a portion of the coin supply. This would increase the value of the coin as there is now a much lesser supply of coins.

Utility, A coin must have a strong function (or use-case) to incentivize people to hold the coins; a coin’s utility is strongly correlated with its value.  ETH for example,In order for anyone to execute commands and develop applications in the Ethereum Blockchain one needs to have ETH, as it will be converted into gas and represents the ‘fuel’ for the Ethereum ecosystem. Therefore, ETH is used as a currency within its system to fuel transactions and development. The more people that execute transactions and develop apps, the greater the demand for ETH and will, therefore, push prices up.
I think that other factors like advertisement, politics, influence by notable people in the society etc ,may also help to push the prices of some coin up.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
March 17, 2018, 03:57:48 PM
#21
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

Almost all of the things that you said provide valuation to any type of cryptocurrency. But, in a sense, I think, the main thing that drive the valuation of any type of market is the politics within it. Yes, people in this type of market doesn't even care whether the coin's supply is scarce or if it has real-life use. The rich people enter this market and they will provide the value of something as long as it will provide them profit in the end. Their main goal is not about the real value of it but the income that they could gain from it. They can over-value a coin thinking that at the end, they can make huge money out of it and then they will dump it to those smaller people who will give them the money that they want.
hero member
Activity: 966
Merit: 501
March 17, 2018, 03:24:42 PM
#20
What are the driving factors for crytpocurrency valuation?

Scarcity? Utility? Use? Demand? Network? or am I off base already?

the digital currency has a limited supply, so if the supply is decreasing, then the price of the coin will be expensive, but there will be a risk of falling prices when the crypto currency bills start to circulate where ,, and maybe it will be a nightmare for who have invested in high prices ,,
sr. member
Activity: 1400
Merit: 269
March 17, 2018, 02:37:12 PM
#19
Actually your on the right track but the most important factor of bitcoin is utility because it has the capability to the change how payment works. Without it's futuristic features i think bitcoin will not be demanded and the price will not be as of today. Supply and demand is only based if the commodity is marketable.
full member
Activity: 266
Merit: 106
Floki Robot
March 17, 2018, 02:03:34 PM
#18
The valuations are made up by the market participants it is simple as that. However, the price discovery is something else and I would argue that most projects out there are too hyped up right now, and because of that most are going to fail in hilarious fashion. Will be interesting to see which coins remain!
jr. member
Activity: 168
Merit: 1
March 17, 2018, 01:42:22 PM
#17
In any market in the world, supply and demand affect the price of a commodity, if the demand is high,  the price goes up and if supply is higher than demand, the price goes down, same applies to crypto coins, if many people demand for them and buy them, prices shoot up which they call a bullish movement and when people sell a currency vice-versa
newbie
Activity: 34
Merit: 0
March 17, 2018, 01:38:52 PM
#16
Well you can have a look a the coin's official site and read it's whitepaper, roadmap, it's technology and not to forget the coin details and charts.
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