Okay. What is the main factor that boosts Altcoin value? Popularity or Tech? - page 3.

Shallow

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SmartFi - EARN, LEND & TRADE

Quote from: aosis on January 24, 2020, 04:20:53 AM

As the subject goes, what could be the main factor?

Famous developer, Media reputation, MM... or Just technology itself?

So far, it seemed that marketing and market marking were the main factors...

Btw, has anyone experienced BISPEX exchange known as its insurance funding?

This might look easy but kinda trickish. As an upcoming project, I think what the team should be concerned with first is to have an MVP thus technology, that is to say, the technology comes first. This technology will protrate the idea of the team and how efficient they are. After this, I think the next thing is the developers if they are really skilled to keep up till the end. And lastly, media reputation or what I see as marketing, a good marketing matter too but one need to have something to market, thus the reason it's good to come up with the technology first.

monineklutak

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The OGz Club

Quote from: Ozero on February 15, 2020, 01:18:34 AM

The popularity of altcoins comes through the development and improvement of their technology. Initial advertising of the project gives only an effect in the first stage. In order for altcoins to be in demand, the project must bring something new to the world of cryptocurrency, and new comes with new technologies and new solutions.

Not enough with just the development and technology improvements alone, it would be pointless without being accompanied by clear marketing, such as listings in a large exchange and adding marketcap to the coin itself, many of the project coins die for just thinking Development Course

Ozero

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The popularity of altcoins comes through the development and improvement of their technology. Initial advertising of the project gives only an effect in the first stage. In order for altcoins to be in demand, the project must bring something new to the world of cryptocurrency, and new comes with new technologies and new solutions.

smyslov

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Quote from: aosis on January 24, 2020, 04:20:53 AM

As the subject goes, what could be the main factor?

Famous developer, Media reputation, MM... or Just technology itself?

So far, it seemed that marketing and market marking were the main factors...

Btw, has anyone experienced BISPEX exchange known as its insurance funding?

Even if thee marketing is that good but if the investors find nothing that will interest them or they see that it has nothing new to offer to the community I don't think they will invest in that project, investors are wiser now they hone their skills on what to look and how to look on a project, you cannot just present them a project and they will invest right away.

moonblocks

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Hype is one of the main factors in price appreciation for new projects that and a bit of both demand and technology combined with a real world use case to provide utility to the asset can help in increasing its value over the long term

juegav

newbie

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Quote from: wellay on February 14, 2020, 02:58:42 PM

Sure. Basically, Carnomaly is automotive rebate platform. It was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership. Consumers will be able to get a max of a 30% rebate, which will be given in CARR tokens that must be sold on the marketplace for redemption. This is absolutely new and unique standard on the industry. And of course, I also recommend you to have a closer look at guys' website, cause a lot of info is available there that will let you get a bit deeper

From your words sounds very attractive, agree with you. Let me have a closer look and get back with my thoughts, thank you for recommendation

Pecunia non olet

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If you think more deep about it you will find the corelation between listing on popular exchanges and pumps. For example listing on Binance or Coinbase means almost 100% sure pump. While new partnerships or product development doesn´t mean sure pump, you know.

wellay

newbie

Activity: 28

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Quote from: juegav on February 14, 2020, 02:57:37 PM

Evening there. I absolutely agree with you on components you've outlined. And I would also agree with you on fact that there are not many advanced tokens today, the ones with benefits for users. What is Carnomaly staying for? Can you please elaborate in more details?

Sure. Basically, Carnomaly is automotive rebate platform. It was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership. Consumers will be able to get a max of a 30% rebate, which will be given in CARR tokens that must be sold on the marketplace for redemption. This is absolutely new and unique standard on the industry. And of course, I also recommend you to have a closer look at guys' website, cause a lot of info is available there that will let you get a bit deeper

juegav

newbie

Activity: 28

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Quote from: wellay on February 14, 2020, 02:56:13 PM

I would say that basically much depends here. I am always looking for advanced solutions that combine both practical value, bold tech, great roadmap and prospects. And I cannot say that there are many solutions that meet my requirements. Are you having many? Probably the only one I am really impressed with lately is Carnomaly

Evening there. I absolutely agree with you on components you've outlined. And I would also agree with you on fact that there are not many advanced tokens today, the ones with benefits for users. What is Carnomaly staying for? Can you please elaborate in more details?

wellay

newbie

Activity: 28

Merit: 0

I would say that basically much depends here. I am always looking for advanced solutions that combine both practical value, bold tech, great roadmap and prospects. And I cannot say that there are many solutions that meet my requirements. Are you having many? Probably the only one I am really impressed with lately is Carnomaly

Ifepoh19

newbie

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I think both tech and popularity have roles to play in the success of any good project

ntsdm1

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Quote from: aosis on January 24, 2020, 04:20:53 AM

As the subject goes, what could be the main factor?

Famous developer, Media reputation, MM... or Just technology itself?

So far, it seemed that marketing and market marking were the main factors...

Btw, has anyone experienced BISPEX exchange known as its insurance funding?

I think both technology and popularity are very important.This is essentially a kind of symbiosis.

shiming

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I want to say that the price of a cryptocurrency is greatly affected by the project team's technology, marketing, and funding. If the most important thing is marketing, when a project founder is very hype, I think this cryptocurrency price will surprise us. For example, the founder of TRX is very hype. TRX prices fluctuated quite a bit with his news.

letyouearn

legendary

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Altcoins are pumped by market makers usually - just because they want to control the market and use these coins as instrument. You may ask about the way they choose altcoins for pumping... I don't know, maybe they are throwing a coin

Balladtony77

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We need new tech, rare use cases, that's the only thing that can attract someone like myself to a new project, I stay away from repetitive projects because they have nothing new to tender, its always about the money

chanc3r

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Quote from: gensol on February 13, 2020, 03:26:24 PM

Popularity is the main factor. If a project has a great technology without popularity, no one will know about such project and no one will use it. But when a project is popular, even if the technology behind it is not too great, you will see people proffering solutions to make the tech great.

Popularity is not the main factor. A project with a good tech can attract a lot of new users and that can build a good perspective on the platform. This will bring popularity to the project. You misunderstand about how the real cycle of the coin can get the value.

pixie85

hero member

Activity: 2184

Merit: 531

None of these two. The main thing that boosts the market are bull runs on Bitcoin and those come from many factors that include popularity and tech in them but also exhaustion of sellers, some positive news, FOMO and more.

Altcoin value depends on Bitcoin that's all there is to it. Altcoins never push BTC forward but it's always the other way round.

[email protected]

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At the moment for altcoins is more important than the reputation of the team and good marketing. Unfortunately, the technology itself doesn't solve much now, because without good marketing, you will not be able to successfully implement your project.

rezaanahviII

jr. member

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Hi; In my opinion, the popularity in the short term and the technology in the long term, which of course will bring popularity. Of course, the project team's policies should not be underestimated.

rdewilde

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Quote from: aosis on January 24, 2020, 04:20:53 AM

As the subject goes, what could be the main factor?

Famous developer, Media reputation, MM... or Just technology itself?

So far, it seemed that marketing and market marking were the main factors...

Btw, has anyone experienced BISPEX exchange known as its insurance funding?

I would have said the team but yet what are they team without an idea of innovation or technology; therefore I think the first and foremost thing to consider in any project is the technology within that said project and how it will play a vital role in the world at large. This role the said technology will play is what will determine its valuable nature as time goes on. In the same way, followed by technology is the developers after which marketing comes to play. Developers in this case can be likened to the a certain section of the team so is marketing.

Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech? - page 3. (Read 1511 times)