Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech? - page 4. (Read 1479 times)
February 13, 2020, 04:26:24 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.
February 13, 2020, 03:47:21 PM
Definitely TECH. Many of these projects out there are thriving because of their technology involved. This is one of the thing that move any project to enviable status among it equals, projects like Ethereum Cadano, Litecoin and AEN, these projects were built on the platform of technology and not just to scam gullibles off their funds. Most of these projects, experience drastic change in popularity just because of the tech behind the project, popularity cannot locate a none technology project.
February 13, 2020, 03:45:37 PM
The solution is called GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion
From your words definitely sounds attractive, will have a closer look on my own. Thanks for recommendation
February 13, 2020, 03:44:21 PM
What is the ones? Can you share? Curious to know after your message that guys are the only unique ones you've found
The solution is called GET protocol. In few words, GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And just imagine how large market is and how solution can help here. Also, for example, GET team announced that they are moving into the Korean market. On top of that, GET Protocol will be the first BApp in the ticketing vertical to partner with Klaytn, the blockchain subsidiary of Kakao (look that name up if you don't know it..). And around 300k tickets are sold already via GET. This is the amazing example of real solution that brings real benefits. Also interested in your opinion
February 13, 2020, 03:41:09 PM
Right now, I'd have to go with popularity.
There are plenty of altcoins in the top 100 rankings that are experiencing meteoric growth. Not because of changes in the underlying fundamentals or new technological advances, but simply because their community returns to life during a bull market.
Just take a look at even some of the top 50 coins, do they really have much going for them, or even much changed in the last year or so?
NEO.... what has NEO achieved in the last year to account for its huge gains? Nothing. What about NEM? That crap is stagnant AF but still pumping.
I think it's all to do with the community size, and hence popularity.
There are plenty of altcoins in the top 100 rankings that are experiencing meteoric growth. Not because of changes in the underlying fundamentals or new technological advances, but simply because their community returns to life during a bull market.
Just take a look at even some of the top 50 coins, do they really have much going for them, or even much changed in the last year or so?
NEO.... what has NEO achieved in the last year to account for its huge gains? Nothing. What about NEM? That crap is stagnant AF but still pumping.
I think it's all to do with the community size, and hence popularity.
February 13, 2020, 03:39:28 PM
Nope. I am big fan of attending different events, especially sport. And thus, I noticed many issues on ticketing market - mostly connected with frauds. And found only one solution that sharply helps with bold tech and blockchain implementation.
What is the ones? Can you share? Curious to know after your message that guys are the only unique ones you've found
February 13, 2020, 03:38:04 PM
I agree with you that such a strategy definitely makes sense. And are you having many industries you are following?
Nope. I am big fan of attending different events, especially sport. And thus, I noticed many issues on ticketing market - mostly connected with frauds. And found only one solution that sharply helps with bold tech and blockchain implementation.
February 13, 2020, 03:37:15 PM
And that's exactly why you shouldn't be going for price, but for value. Choose the industry you are interested in and try to look for real solutions that solve some real problems. And I personally look at the ones that are coming with blockchain implementation
I agree with you that such a strategy definitely makes sense. And are you having many industries you are following?
February 13, 2020, 03:36:38 PM
And that's exactly why you shouldn't be going for price, but for value. Choose the industry you are interested in and try to look for real solutions that solve some real problems. And I personally look at the ones that are coming with blockchain implementation
February 13, 2020, 02:18:43 PM
All these things you have mentioned here are all needed for boosting the value for any coin. Having good technology alone will not boost the worth of an alt coin. And a bad coin will not go far even if it’s popular, because I don’t think anyone is ready to invest in a project that is bad, unless they feel like there is an opportunity to pump and dump it and thereby rendering it useless it, they would do that, especially the bad people.
So, a project has to be popular and also have a good technology that would interest the investors before it can grow. A good project that is not popular is quite a waste of time.
So, a project has to be popular and also have a good technology that would interest the investors before it can grow. A good project that is not popular is quite a waste of time.
February 12, 2020, 03:35:12 PM
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 the tech comes first follows by popularity; what will make your platform or project to be popular if not the technology you are developing. After these two, another thing is the type and experience of the team involved, this where the community or potential investors will check and see if really the team are who they said they are. Well of course every project needs marketing but this comes after all the others are already in place and in order to ensure a good growth and commitment.
February 12, 2020, 10:37:41 AM
Popularity is not everything, because it is a domino effect that affects each other. A good team, certainly produces good innovations as well, with a strong product that will certainly attract the attention of investors and the market, this will make a broad network so that the development of the project is better. So it can not be concluded which is the most dominating, all factors influence each other and give a fairly crucial effect.
That is why in analyzing we must see it from many sides. Large communities do not guarantee that the project is successful, there must be further examined use cases, whether the progress is good or not.
Agree, the value of an altcoin will need the popularity and technology combined to build, it cannot be separated for consideration because such distinctions will only bring temporary perspective and value to the project while what an investor wants will be an altcoin that can invest in the long run. An explanation for this means that if altcoins are only popular and advertise well, it can only be glorious in the short term then rivals can replace it with better ads, they lack the foundation for long-term branding, focus on technology is just the same, without popularity and advertising, people won't know about the project That is why in analyzing we must see it from many sides. Large communities do not guarantee that the project is successful, there must be further examined use cases, whether the progress is good or not.
February 12, 2020, 07:00:39 AM
Blockchain is a technology right? So it makes sense to say that any project coming into this space must be technologically driven, not just that, but showing proof of it. We have seen many altcoins today which intially boosted of offering higher TPS or will beat Bitcoin and yet no where to be found; therefore the reason why I said technology. If a altcoin or project offers its own tech it will surly attract investors and with constant improvement will make the altcoin to be more valuable. Another vital point is the developers within the project, in this case will they be able to ensure they keep upgrading or will be quit halfway. So first thing first, technology leads to popularity.
February 12, 2020, 05:38:06 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?
Also if you have a good tech for your project, there will be much confidence in talking the marketing to any length.
February 12, 2020, 05:30:23 AM
A lot of factors affect the growth of any altcoin, for example, technology, because if the technologies are original and very popular, the price of the altcoin will increase, marketing also affects the price of the altcoin, and manipulators can also start raising the price of any altcoin at any time.
February 11, 2020, 05:11:36 PM
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?
In my own understanding, it is the technology within the project that comes first. Remember this space is a technology ground so investors need to see what new technology a project is bringing. After technology comes the developers, are they experienced, what have they developed over the years etc and if they are capable of handling the proposed project. Lastly is the media, this is where the marketing takes place to sell the idea to the world.
February 11, 2020, 04:50:19 PM
To me both plays an important role to boost the altcoin value, few say popularity doesn't work I want to ask them then how about BTC??? Without popularity people will not jump on to invest blindly, popularity is the one which attracts a person to look into it. Apart from that a team which comes with a new characteristic features of crypto currency and its uses hit the market very soon.
February 11, 2020, 03:22:35 PM
Popularity is not everything, because it is a domino effect that affects each other. A good team, certainly produces good innovations as well, with a strong product that will certainly attract the attention of investors and the market, this will make a broad network so that the development of the project is better. So it can not be concluded which is the most dominating, all factors influence each other and give a fairly crucial effect.
That is why in analyzing we must see it from many sides. Large communities do not guarantee that the project is successful, there must be further examined use cases, whether the progress is good or not.
That is why in analyzing we must see it from many sides. Large communities do not guarantee that the project is successful, there must be further examined use cases, whether the progress is good or not.
February 11, 2020, 12:46:16 PM
Popularity doesnt boost the value of altcoins instead its all about what the project have to offer, the team popularity is a plus and most importantly the partnership of the project, once these have been dealt with the project will surely prevails
If that was the case, then cryptocurrencies such as Cardano and NEO would have ruled the cryptocurrency market and shitcoins such as DOGE would have died out completely. But as we are witnessing now, the promising projects such as IOTA and NEO have lost much of their value during 2019, and their long term potential seems to be near zero.
February 11, 2020, 12:42:41 PM
Popularity doesnt boost the value of altcoins instead its all about what the project have to offer, the team popularity is a plus and most importantly the partnership of the project, once these have been dealt with the project will surely prevails
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