Topic: What Make altcoin or token be valuable? - page 2. (Read 507 times)
One word - TRUST !! Depends upon how the company has promoted and marketed the altcoin they are yet to publish on the exchange. The gimmicks that they offer when they launch their ICO. If the promotional strategies are good, the trust will be built and the demand of the altcoin will be increased in no time. Then comes the game of the investors backing up the project and they fund only those altcoins which show great potential and hence makes the altcoin valuable.
hype score plays big role
The success of the project and the viability of the company makes a token valuable. Cause if a project is failure it will become a shitcoin. The project will always draw a big difference in the token value.
Simply put, demand raises the token's value.
But what raises demand?
When choosing stocks, some people study the fundamentals. Some carry out the technical analysis. But choosing tokens seem to be entirely different animal. Many seem to follow the crowd in FOMO. Interestingly there are people who sell services to make a project appear to be in demand with essential spam postings.
Then there are people who just read the headlines and don't pay any attention to the details of a coin. An example is the Honest Coin, which may have been a joke coin release. People were busy signing up in hopes of getting some free and cheap coins. I think some people even sent their eths.
Hope we all avoid these scam coins, but how can we tell the true future value of a coin? or predict the demand. I look at what the project team has accomplished. The chance of a token's value rise is inversely proportional to the amount of work left to meet its project goals at the time of ICO. The further away from the project meeting it's final goals at the time of ICO, the token's value rising will be purely speculative.
Simply put, the more work they have accomplished at the time of ICO, the higher chance the token's value will rise in near future.
But what raises demand?
When choosing stocks, some people study the fundamentals. Some carry out the technical analysis. But choosing tokens seem to be entirely different animal. Many seem to follow the crowd in FOMO. Interestingly there are people who sell services to make a project appear to be in demand with essential spam postings.
Then there are people who just read the headlines and don't pay any attention to the details of a coin. An example is the Honest Coin, which may have been a joke coin release. People were busy signing up in hopes of getting some free and cheap coins. I think some people even sent their eths.
Hope we all avoid these scam coins, but how can we tell the true future value of a coin? or predict the demand. I look at what the project team has accomplished. The chance of a token's value rise is inversely proportional to the amount of work left to meet its project goals at the time of ICO. The further away from the project meeting it's final goals at the time of ICO, the token's value rising will be purely speculative.
Simply put, the more work they have accomplished at the time of ICO, the higher chance the token's value will rise in near future.
Pure market with news to create expectation over time.
The most essential factor in the value of the Token is the potential and purpose of the ICO. Often investors will base their statistics on sold tokens and white paper to make investment decisions. Investors are also interested in the advisors of the project to assess whether the project is potential or not.
For most tokens, this is expectation, faith. Unfortunately.
This same belief tells me that in the future some tokens will benefit from the successful operation of projects.
That's what devs are aiming for but unfortunately, some people won't appreciate such visions. Maybe we could say that, people are just affected by scam projects which cause of losing their money and also their trust in crypto. This same belief tells me that in the future some tokens will benefit from the successful operation of projects.
Id say it depends on the tokens application and how well received it becomes or how muxh it is used. Basically higher demand for it since its USEFUL. Analyse the projects well and get a feel of the community backing it to know whether you should hold on or not invest to begin with.
altcoin or token was created to be a tool for investment or trading, because now altcoin has many types and variations in price. this is what might make altcoin or tokens have value, because before the release in the token market has been given a benchmark price for investors. so do not be surprised if when the release in the market token to have value
I still confused about what makes token become expensive. Except for supply-demand, what else which caused some token like erc20 become valuable? I look at about how to create ethereum token and I think almost all of them have the same quality, and security. So what's the answer? what make them so valuable?
try to learn more about the features inside
because each project have a different features inside,
if you can choose an altcoins with new and great features, that should be the reason to buy the alt
hava a good utility liquid token ,are Usually Make price token going up and it's depends on their project. Token will grow too
Apart from the supply and demand of the project or crypto the teams behind that working to drive with the partnerships in their business makes a altcoin or token valuable. The partnership with giants in industry and the big sharks of the market counts more in the value of a coin or token because the price based on these factors mainly rather than supply and demand sometimes.
It is just the demand for the token or alt-coin that is giving it a price,
It is just the people who invest on it that drives the price to where ever it would go if it would be pump or dump.
It is just the people who invest on it that drives the price to where ever it would go if it would be pump or dump.
alcoint valuable on the look of the project and the success of ICO, if good project and ICO successful then since that token is good and interested many people for investment, like everex I think good
it will be valuable if developer have working product or platform, like token for exchanger or utility token thats have working product like pundi x with x pos hardware
I can say that it all depends on supply, demands of the tokens and the products they provide.
The better product they develop will affect someone's interest to buy it more and more. That's makes it more valuable.
but if someone starts to buy it when the token is already developed then in my opinion it is too late if for investment, because we have to buy it with an expensive price, and it makes the tokens we get to be less The better product they develop will affect someone's interest to buy it more and more. That's makes it more valuable.
Well tokens or altcoins will be valuable because of the people behind it. Their development can be anticipated because of good or services of tokens provided. That is why alt coins can increase its value because many have uses it for their beneficial.
I still confused about what makes token become expensive. Except for supply-demand, what else which caused some token like erc20 become valuable? I look at about how to create ethereum token and I think almost all of them have the same quality, and security. So what's the answer? what make them so valuable?
Demand is the reason for that any crypto currency to have value,but not all the tokens are same,most of them were created for specific purpose but we all using them only for trading but in future some tokens price will go to moon that project is called potential project so people will ail those project will create more demand than others. The price of the token is dictated by the market which is known by the individuals who are willing to buy the token in a particular price. If the traders in binance exchange are willing to buy ETHER for a price of $700 then so shall the price be and the tokens will be picked by the bid. CMC is going to get the average of these prices depending to each exchanges and display the average price on their website.
It is all about speculation since most cryptocurrencies are useless right now, I think the marketing, team background, community, hype are very important for cryptocurrencies since it will increase the demand and make the price go higher or lower. As you can see, positive news will increase the crypto price and FUD news will make the price go lower that's why a lot of crypto traders are buying the rumors and sell the news since it is the easiest way to earn money in the crypto world.
What make token or coin valuable. The answear is the project which can be used. If the project can be use to solve some problem and people start using it like genesis vision it will gives true value to that token. Example : omix / omx from project shivom if there are many genome data which researcher need to make new drug and that data only can be bought by omix token then omix token will have value.
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