Topic: The factors that are influencing the price of an ALT (Read 791 times)

The problem with the reserve capital would be that it's not descentralized IMO

Reserve capital in escrow is a very good idea. I don't think that has been done in effective way. Investors/stakeholders should be able to make sure that their funds are put to good use. In pure PoS there is one input address, but no pre-defined outputs. One could employ assurance contracts also, and instead of raising one big amount, try and do capital raises like a company does. The old shareholders would have the ability to participate before new shareholders. These kinds of things are very hard to do in Bitcoin with just script, but would be extremely useful.

If you are refering here to launching a coin, i can say that it's so fucking easy to launch one. You just pay that few bucks and you are a happy scam fake developer



I don't know if XEM asset exchange is working yet, but i remember those days when NXT assets were on the top and had millions of NXT volume/day. Nowaday NXT assets are just forgotten. There were some tries last year but none of them got on the top

thanks Graham
didn't even know about the historical feature!


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1. Pure POW, Pure POS, ICO

POW is the most robust ... the network can even grind to a halt and the will kick back in once someone throws hash at it, so even dusty old mine operations are still working a-okay even though the market moved to the next new shiny coin ... age of operation will start to become a valuable stat.

POS also can cling on with a few dedicated stakers, but there is the kicker of coin distro that can cause issues

IOC are and will be always be high scam potential vehicles.  Get the right team assembled and they can work, and after observing crypto for years I can only imagine the type of scams Silicon Valley VCs run into.  Crypto is chump change.

Now a type4 category is on the horizon.
We now have stabilized market cap for +200 coins.
But launching a network is very difficult at this point.
So the platforms ... NXT, BTS, XEM will host 1000s of ICO assets ... but to avoid to prior scam stuff Dev teams will need to demonstrate reserve capital and it can likely be put in a multi-sig escrow (smart contract).  There is also the burn method ... XCP, Master, and now BARR have shown that it can work.

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150M$ seems to be a barrier, right now only ETH and LTC can hold that range.  Ripple is another kind of beast so ignore their marketcap.  But all 3 are standing on 150M$ ... so BTC xrp ltc eth are your 4 horsemen.

Next level down is 25M$ barrier (Doge, Dash are aiming to test it) ... they would be best served by focusing on being the liquidity used by the common man.

then 10M$ barrier (NXT, YB, XEM, BTS, FCT ... the platforms seem to each be acquiring a cap of 10M$ish)
then 3M$ barrier (the okay it's worthy of staying above 1M$ on down swings and basically 'made it' level)
then 1M$ barrier (note how many coins went over the 1M$ line on this recent btc price rise)

 

Heard about some consipiracy theory about this, but nowdays it's pretty easy to be a coin "dev" . You just pay some BTC and you are the happy owner of your super unique clone coin

Interesting. I guess like 50 people created all these coins.

never seen this before. Thanks Graham
Also my predict was that there could be like 2-3 thousand of coins. As i can see on minkiz there are around 2700.

https://coinmarketcap.com/historical/

http://github.com/DOACC/individuals/

https://minkiz.co/coin/name/ (click on a name for a shortform popup of DOACC metadata, alt-click on a name for a new page listing of the metadata in Minkiz database (some of which isn't appropriate for DOACC publication, thassall)

I'm experimenting with a couple of charts, have appended them to the charts on Minkiz front page: https://minkiz.co

HTH

Cheers

Graham

Maybe later i'll try to make some list from different kind of perspectives

I think your right about POW coins, just look at Bitcoin.

Unfortunately pumpers and scammers suck people into ICO's and POS usually feeds off other coins.

A few Alts peaked at 150M$. Would be interesting to see some historical data (total Altcoins launched since 2011, #peak marketpap > 5M$, etc.). Not sure coinmarketcap.com or other sites make data that available.

Also, In the near future i would like to write some personal reviews on different newly released and old coins.

IMO the first impression thing also works here in cryptoland. Once you have seen the OPand some infos there, you can decide from the first impression what you think about it and if you are interested or not.

I've been playin around here almost 2 years. Since then i saw hundreds of new Coins. We saw here many successes and many fails and scams aswell, and I would like to speak a bit about the factors that are influencing a coins life and price.

Let me first make a quick list of the main factors.This list is not ordered by importance.

• 1. Pure POW, Pure POS, ICO
• 2. Main specs (Algo, total supply, block reward, block target spacing, halving, premine
• 3. General informations about the coin - Mission, WhitePaper, Roadmap
• 4. Appearance, Name, Devs experience

This list contains the factors that are "given" by the dev. The other part is the huge effect of the community, crowd, their attitude.

Looking at the first point we can see ICO. If a dev offers an ICO phase, we can make a near calculation of the price by taking in consideration the ICO price. Once the ICO ended we can see clearly from tha statistics if people are interested in the project or they don't see an opportunity in it.
The POW coins are the most legit coins. Why? People need to spend money on mining it. They have to spend money on their mining equipment, rig rentals, different type of mining contracts. In this way they are creating some value. You will see what i mean by this.
These days free distribution pure pos coins are pretty celebrated. In this case, we just can't predict any price, because by releasing a pure pos, free coin, the dev isn't making any value. I mean people almost don't have to take an effort to get some. There are no mining prices so people just can easily dump on market without any loss.

These are just some facts, which i've gathered in a few minutes. I've opened this topic, cause I'm curious about other people opinion.May seem to be a n00b question, but i would like to elaborate with you on this topic