Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech? - page 6. (Read 1479 times)
January 25, 2020, 01:11:25 PM
Looking at how the entire crypto space is transforming, tech is one of the basic factors that boost the value of some altcoins. Once the tech is something the world needs, the value of the crypto coin backing this tech becomes very valuable to the users of this tech. Popularity do not really have any significant influence on the market value of most altcoin coins. Ethereum is a good example of this.
January 25, 2020, 01:06:36 PM
Technology is the main factor. Only technology determines the real value of altcoins.
Yes, there is only one more that can determine the true value of altcoin, namely the performance of the altcoin team, because if they only have sophisticated technology, while their workings are not organized, then their altcoin will also not have the true value. 
January 25, 2020, 01:04:32 PM
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.
January 25, 2020, 01:00:18 PM
I think any altcoin needs popularity but the way to get a lot of popularity is having good and renewing tech!
For example a Altcoin announcement topic will gain huge popularity if lots of people see it has new properties or new tech previous coins didn't have at all.
And they are beneficial for the Crypto space of course, So I think popularity and tech or connected to eachother u can't really have one without the other.
For example a Altcoin announcement topic will gain huge popularity if lots of people see it has new properties or new tech previous coins didn't have at all.
And they are beneficial for the Crypto space of course, So I think popularity and tech or connected to eachother u can't really have one without the other.
January 25, 2020, 12:53:06 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, 12:50:30 PM
As the subject goes, what could be the main factor?
Famous developer, Media reputation, MM... or Just technology itself?
For me the best reason why the altcoins price is continuosly increasing is because of its popularity. Investors nowadays tend to check most all of the altcoins that is already existing and invest into it since they do not want to invest in the ICOS anymore. They try to check the ranks of altcoins in the market and invest into it. Once the coin is on the rank, for sure it will become popular and going to be trusted by investors. Famous developer, Media reputation, MM... or Just technology itself?
January 25, 2020, 12:49:14 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...
January 25, 2020, 12:21:09 PM
Outstanding technology will be a strong point for the project to be successful. And to create a project capable of success requires a talented leadership team. But for cryptocurrencies, technology elements account for 90% to establish success. Technology is the core and what drives the project. Take a look at the top altcoins 30. They are good technology and long-term, stable technology.
January 25, 2020, 11:39:07 AM
There is a lot of different factors, but one of the important parts is useability.
Can the coin/token be used for anything, or is it just another coin to be mined or minted for no reason.
Is there a platform being made for it?
Will it be bound to some other asset to provide it with initial value?
Can the coin/token be used for anything, or is it just another coin to be mined or minted for no reason.
Is there a platform being made for it?
Will it be bound to some other asset to provide it with initial value?
January 25, 2020, 11:35:26 AM
These days people mostly prefer popular things because if anything has huge popularity graph then it's enough to trust on that thing so I think these days altcoins performance depends on its popularity however I always prefer technology first in altcoins because it's much necessary in my point of view.
more precisely for assets with high trading or with graphic movements that suddenly move fast. of course, traders and investors will also be interested in such assets. because it shows an update and good performance from the developer. January 25, 2020, 11:32:04 AM
Technology is the main factor. Only technology determines the real value of altcoins.
Unknown technology is worthless. Even though it is the most advance if no one noticed it nor knows it, there will be no one to buy it. I believe what we are talking about here is the value that is priced on the market not the value that technology has. Have you wonder why some brand of item is more valued even though it has a lower spec of technology compared to those higher technology? Because of its popularity.
January 25, 2020, 10:34:04 AM
These days people mostly prefer popular things because if anything has huge popularity graph then it's enough to trust on that thing so I think these days altcoins performance depends on its popularity however I always prefer technology first in altcoins because it's much necessary in my point of view.
January 25, 2020, 10:02:34 AM
Marketing only helps the project to be successful at the first stage, today marketing is very important for new projects. It can determine the success or failure of a project, and if the project wants to survive in this market for long, the project must have technology and products.
For the first time indeed marketing is an important thing and is very much needed for new projects that will develop the products they bring and marketing is useful for introducing and attracting many people to invest or participate in it but indeed after that project or product must have advantages or technology good to be able to continue to grow and succeed later. January 25, 2020, 06:13:45 AM
Marketing only helps the project to be successful at the first stage, today marketing is very important for new projects. It can determine the success or failure of a project, and if the project wants to survive in this market for long, the project must have technology and products.
January 25, 2020, 06:03:19 AM
Both works in Pari -pasu. We can't dispute the importance of Tech in growth and value of altcoins. Where there is Tech, boosts the popularity and value for a cryptocurrency.
January 25, 2020, 05:23:21 AM
Technology does not speak for itself unless it is promoted and advertised. In short, it is the popularity and level of acceptance or adoption that boosts altcoin value. No one cares about technology if it is unknown or unheard.
True words. The promotion and advertisement is necessary for each commodity no matter if it is a coin in order to gain some demand so that the price could grow. No advertisement would never let peoples know about the altcoins so how could they buy it? Peoples needs to find more about the altcoins so that we could see higher prices in the coming markets.Moreover, most people do readily accept the reality if they find most information from the advertisement and it also proves useful for them to invest in some profitable commodities so they get into it. This would actually grow the technology. Technology needs capital to get more advances and more futuristic.
January 25, 2020, 05:16:00 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...
Based on my experienced on crypto the price will go high only when the crowd and the hype of the coins is high, it will create huge demands no matter how bad the project is because investors are just aiming for quick profits and don't care about a long term future. Sounds bad but this is the reality of crypto investors right now
January 25, 2020, 04:27:36 AM
Technology is the main factor. Only technology determines the real value of altcoins.
January 25, 2020, 04:22:47 AM
Technology is the main factor of all that, then the media that make altcoin become popular and even excessive hype. We realize that technology will not be able to change everything in a moment, now the problem here is that users always want instant things which will only encourage panic and fear for new users because after what they expect when there is hype is not in line with expectations.
tech and popularity are very important for altcoin, but the coin price request is what should be important, yup team must do promotion, if only popularity and tech are focused without promotion then it's useless sr. member
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January 25, 2020, 04:18:59 AM
Currently, i think to boost altcoin value required lots of factors and they need to be combined at the right time depend on each altcoin, market status,... For example, technology is needed before boosting price, next marketing and price control are important, last depend much on making Fomo.
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