Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech? - page 5. (Read 1479 times)
February 02, 2020, 12:00:18 AM
Altcoin value, popularity, acceptability and adoption is difficult to predict. Because I have seen shitcoins having market capitalization over $100 million and having millions of users (such as Dogecoin). But at the same time, I have seen technologically advanced coins such as Cardano, NEO and EOS going down in the market. So I would say that more than any other factor, it is pure speculation which is driving the prices. And it is not very surprising, because very few altcoins are used for purposes other than speculative investment.
February 01, 2020, 11:41:22 PM
There are many factors that boosts the value of altcoins but mostly its all on the project team, many project have good aims but was ruined by the team, project partnership is another one to look out for, this shows how strong the project is
February 01, 2020, 07:26:03 PM
Marketing can't sustain the coin/token, usability and community are main factors in any coin/token's survival.
Marketing can but only for the short term, but when the community will be very solid and it can sustain the token for the long term. The tech also becomes the main factor to build a solid community. If marketing doesn't give any impact and why was the team doing so many marketing? It was caused by this is to attract more users to join the community. legendary
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February 01, 2020, 07:10:59 PM
Marketing can't sustain the coin/token, usability and community are main factors in any coin/token's survival.
Marketing can but only for the short term, but when the community will be very solid and it can sustain the token for the long term. The tech also becomes the main factor to build a solid community. If marketing doesn't give any impact and why was the team doing so many marketing? It was caused by this is to attract more users to join the community. January 27, 2020, 04:27:09 PM
there were some coins that we can consider to have a great advantage to privacy and some decentralization but without the marketing of these projects they may not even be known to more people who could invest to them. GRIN seem to have a good technology but there isn't much marketing of the project which is why its not that known to people. there are however users shilling for the coins which we often think they own some stash.
Blocknet for example doesn't have marketing campaigns done but the number of users shilling for the project looks like its going to be pumped by its users that it can live on its own already. It doesn't really have to have a famous DEV but it would help for the marketing.
Blocknet for example doesn't have marketing campaigns done but the number of users shilling for the project looks like its going to be pumped by its users that it can live on its own already. It doesn't really have to have a famous DEV but it would help for the marketing.
January 27, 2020, 04:19:40 PM
Popularity, technology and team, then the exchange they are listed and their social Media handling and updates. No one wants to see beautiful whitepapers without result. These days times are difficult because of many failed projects.
January 27, 2020, 01:27:47 PM
Those would remain the same factors. Marketing makes the altcoin gain more exposure and it than creates higher demand for the altcoin which would boost it's price. Market making would similarly grow the price for altcoins by expanding the demand.
Technology is behind the development of altcoin and it would always allow us to generate newer and advanced altcoins for the betterment of the community and it would keep on boosting the price for those. Cryptocurrency markets depend on the demand and supply factor as well know and it always derives the price for them above if the demand is higher. We could see the similar in the bull and bear markets.
In this way you can say that both works in parallel to boost the value of Altcoins. The whole crypto market is heavily influenced by the popularity it gain. As the more popular it become more people will invest, this would lead to the increase of prices and then results in benefits. This is one aspect of it now what leads to the popularity is the technology itself. The advanced and useful technology makes it popular and acceptable worldwide. Technology is behind the development of altcoin and it would always allow us to generate newer and advanced altcoins for the betterment of the community and it would keep on boosting the price for those. Cryptocurrency markets depend on the demand and supply factor as well know and it always derives the price for them above if the demand is higher. We could see the similar in the bull and bear markets.
January 27, 2020, 01:11:53 PM
Technology is very important because it will define the coin and how it will be used to solve a problem. But we need the popularity to really make it known. No matter how good the coin is, when it is not heard or no one supports it, the reputation will be as good as nothing. I think the two factor will boost the Altcoins's value and will be accepted and used to which it was designed.
technological development is the most important aspect. even if the project does not have strong marketing, but they are constantly developing, sooner or later, investors will pay attention to this project. and I believe that if the project team is as attentive to the development of technology as possible, this is very good and the project is really deserving of the attention of investors 
January 27, 2020, 12:47:06 PM
Yes, marketing and Funds that have been fulfilled are important factors that make the project's coin or product function well in the market, and there may still be some other factors that can influence altcoin prices to rise, especially demand in the market and trends from rising bitcoin prices.
January 27, 2020, 12:45:07 PM
Popularity using extensive marketing can definitely attract community members and some investors. But it is for certain period if the project is not niche or technically sound.
Both marketing and technicality is important for any project but for sustainability, technically project should be top notch.
Both marketing and technicality is important for any project but for sustainability, technically project should be top notch.
January 27, 2020, 12:31:21 PM
Without saying much, the Technology behind every project is very important, that will boost the growth of the altcoin, if the technology is poor, no matter the marketing strategy used, it might grow for some time, but in the long run it will die, the tech behind every project is key. So good tech and marketing should go hand in hand
January 27, 2020, 12:20:46 PM
Technology is very important because it will define the coin and how it will be used to solve a problem. But we need the popularity to really make it known. No matter how good the coin is, when it is not heard or no one supports it, the reputation will be as good as nothing. I think the two factor will boost the Altcoins's value and will be accepted and used to which it was designed.
January 27, 2020, 11:26:04 AM
I think technology is the most important part of an altcoin, because with a good technology and good usage of the coin, the investors will start hyping up the coin and if they create enough buzz maybe a crypto journalist will gonna make an article about the coin, no need to spend money in marketing just let your investors do it.
January 27, 2020, 11:00:04 AM
Maybe nowadays there is a third one that nobody really talks about; utility. If the coin is amazing in technology but it can't be used anywhere at all, nobody really cares anymore. Look at cardano for example, it has one of the best technologies in the world yet they are not at the top 5, why? Because there is no reason to buy it.
Popularity matters a lot but remember Nano? It used to be called raiblocks and at one point there was a software that checked which coins was talked most on reddit and raiblocks was third behind bitcoin and ethereum during the 2017 peak times, what happened? It is now under 0.7 cents, pratically worths nothing. So long story short if you do not give people a reason to buy your coins aside from typical "buy low sell high" stuff, even with a good technology or a great popularity, you may end up low.
Popularity matters a lot but remember Nano? It used to be called raiblocks and at one point there was a software that checked which coins was talked most on reddit and raiblocks was third behind bitcoin and ethereum during the 2017 peak times, what happened? It is now under 0.7 cents, pratically worths nothing. So long story short if you do not give people a reason to buy your coins aside from typical "buy low sell high" stuff, even with a good technology or a great popularity, you may end up low.
January 26, 2020, 04:46:05 AM
Those would remain the same factors. Marketing makes the altcoin gain more exposure and it than creates higher demand for the altcoin which would boost it's price. Market making would similarly grow the price for altcoins by expanding the demand.
Technology is behind the development of altcoin and it would always allow us to generate newer and advanced altcoins for the betterment of the community and it would keep on boosting the price for those. Cryptocurrency markets depend on the demand and supply factor as well know and it always derives the price for them above if the demand is higher. We could see the similar in the bull and bear markets.
Technology is behind the development of altcoin and it would always allow us to generate newer and advanced altcoins for the betterment of the community and it would keep on boosting the price for those. Cryptocurrency markets depend on the demand and supply factor as well know and it always derives the price for them above if the demand is higher. We could see the similar in the bull and bear markets.
January 26, 2020, 02:23:49 AM
Marketing can't sustain the coin/token, usability and community are main factors in any coin/token's survival.
January 25, 2020, 07:53:27 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...
January 25, 2020, 07:17:28 PM
clearly popularity..
tech has a small effect on the altcoin value
but you can see by a coin if it'll be popular by its tech - if you see some important people show signs of interest now
they will be first adopted and make the coin popular later
i see it happenning with Zcash and Cardano
tech has a small effect on the altcoin value
but you can see by a coin if it'll be popular by its tech - if you see some important people show signs of interest now
they will be first adopted and make the coin popular later
i see it happenning with Zcash and Cardano
January 25, 2020, 05:47:14 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...
It can be both actually. If the project has a great use of blockchain technology, it can attract a lot of investors. Some are indeed just popular only because the profit is good and realistic. Some projects that are theoritically useful but are not funded well because more people are really do attracted more to profit. It can only be both if the team that manages the project can find the right balance for it.
January 25, 2020, 02:52:34 PM
I think it is tech that gets the initial interest and the hype builds up. People are emotional creatures and the crypto traders often pump or dump based on emotions. That is why I say it's about the hype that makes it popular. Look at scams too like bitconnect and similar. They offer some supposed fancy technology and then they create hype offering good returns and the people do the rest. Even when they create controversy it helps an alternative agenda.
Yep. Though often the value is based more on popularity than the tech.
Both of them. With Tech you get Popularity and with Popularity you get attention and with attention you get into the big games of players where the value starts to pair the tech size in order to bring the project to the true potential. Even if Tech seems more important , its useless to have it if no one needs it or no one knows about it or its simply hard to understand and to use and this will make investors go away.
Yep. Though often the value is based more on popularity than the tech.
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