What makes a altcoin valuable - page 36.

twicezeroiszero

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Borderless for People, Frictionless for Banks

Quote from: btctube on January 15, 2018, 11:12:22 AM

Quote from: moonami on January 15, 2018, 10:51:06 AM

Quote from: jacquelinecr on January 15, 2018, 10:46:48 AM

Popularity, Usability and Legitimacy. These play a big role.

Indeed, those three; popularity, usability and legitimacy are a good factoors to prove the value of an altcoin. Well, altcoins are becoming popular, some altcoins are rising unexpectedly, and altcoins are becoming trust worthy.

The community behind it and the technology of the altcoin which will attract users to simply use the token not just for storing but for what its use. Take ETH for instance, its a platform and tokens using the platform uses and needs ETH for gas transactions. Anon tokens serves its purpose even with all the competition in the market and the superiority of some tokens.

The purpose of Ethereum is not for ICO market, but by the function of Ethereum made a lot of companies started to ICO and call for capital.
Sadly, some countries know this field can make the world's economy become speclative and banned ICO.
About Ethereum, Smart contract can help create deal P2P without third people.

ericbrown

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Foundation technologies is what makes altcoin valuable. The main thing which makes a digital coin more valuable is the hype that particular coin has created in the cryptomarket which the money invested in its marketing.

btcCoincart

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Potential, community and its fame!
More and more investors buy that coin then it will be valuable

Shrinath

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In order to make an altcoin valuable what is undoubtedly the foremost necessity is 1. a steady plan, explained in black & white, and 2. achievable goal using the technology, that is demonstrated with practical transactions proving to the investors their earned profit. With such a projection to investors, they can back the altcoin and push it to the top. This will increase the demands of the altcoin, and pave the way to become successful.
We must also not forget that before a successful sale, it would be good to start the campaign with a well planned background and that is awarding and giving something in the return for the advertisers. With such a plan when the altcoin is still in ICO phase, the tokens that will later be transferred to coins can be ranked with a high market value from a very beginning.

leynylaine

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The people/investors gives the altcoin so much valuable especially if it has the potential to rise and compete with the other top altcoins. By having many investors it will give so much advantage that the altcoin may go for a long term if the developers wants to continue it.

btctube

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Quote from: moonami on January 15, 2018, 10:51:06 AM

Quote from: jacquelinecr on January 15, 2018, 10:46:48 AM

Popularity, Usability and Legitimacy. These play a big role.

Indeed, those three; popularity, usability and legitimacy are a good factoors to prove the value of an altcoin. Well, altcoins are becoming popular, some altcoins are rising unexpectedly, and altcoins are becoming trust worthy.

The community behind it and the technology of the altcoin which will attract users to simply use the token not just for storing but for what its use. Take ETH for instance, its a platform and tokens using the platform uses and needs ETH for gas transactions. Anon tokens serves its purpose even with all the competition in the market and the superiority of some tokens.

mirgo1791

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more popularity with wider use on clients/network of community gives of value to helps with the displacement of appropriation,
as the rise of coin and the better liquidity with the market for exchange.

Flomo

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I consider altcoin valuable because altcoin can develop profits quickly, and is best used for short-term infestations. it's just that we have to be more selective to choose which coin is good for trading.

moonami

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Quote from: jacquelinecr on January 15, 2018, 10:46:48 AM

Popularity, Usability and Legitimacy. These play a big role.

Indeed, those three; popularity, usability and legitimacy are a good factoors to prove the value of an altcoin. Well, altcoins are becoming popular, some altcoins are rising unexpectedly, and altcoins are becoming trust worthy.

jacquelinecr

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Popularity, Usability and Legitimacy. These play a big role.

SenseiSan

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Utility of a token is the most fundamental measure to know that the altcoin will be a success or not... then you should have the understanding of its market...

madgtr

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If people want the coin the price goes up. An Alt becomes valuable if it is usable by the community.

danmoris

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An Altcoin becomes valuable if it has good tech and is usable by the community and also if it's shown promising movement and popularity.

eddysachs

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Popularity is very important and you cannot underestimate the influence it has on the success of your coin, however other added advantages that would make your coin valuable are the competence of the individual members on your team, specific road maps and achievements, the significant solution your coin proffers to the decentralized space.

kaeluxdeuz

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Usually its the popularity that make a Coin valuable. If investors feel that any particular Coin has good tech and that it can be used then they will invest in it. The same goes for ICOs. If members see that an ICO has something good to offer and that it has potential, then it will something to invest in.

BLAST2MARS

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The number one thing is partnership. If any of the altcoins will be used by business giants like facebook or google then you know that it's just easy to market the altcoin and be used by their followers and users which makes it highly valuable.

Wyne

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Quote from: Steven-o on November 27, 2017, 11:27:32 AM

I'm developing an altcoin that is based on social sharing. What foundational technologies are going to make it the most valuable? What makes an altcoin valuable? I'm wondering if it is just how much people hear about it? Thoughts?

If we will study the concept of money, A currency became valuable because of the people who trust and put confidence about a certain money. Meaning, it is the people who make a certain currency valuable. If you caught the investors attention though a good platform sited in your whitepaper that will answer the needs of many people nowadays with a good market price and you can prove them how reputable person you are, then the market will also patronized your coin. If there is a good demand of your coins, then good supply will follows. But beyond everything else, it must be usable and convertible in any kind of currency. With that concept, your cryptocurrency became valuable in the market.

JohnMacZeppelin

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I believe that the value of any project is its product, so it's probably very serious about altcoins that are created in projects that already have a product, maybe an alpha version

sorrowfulnightcries

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Quote from: Steven-o on November 27, 2017, 11:27:32 AM

I'm developing an altcoin that is based on social sharing. What foundational technologies are going to make it the most valuable? What makes an altcoin valuable? I'm wondering if it is just how much people hear about it? Thoughts?

I think an altcoin's value comes from its investors and users, the market value is affected by how many people purchases the coins for its either services or just to hold thus continuously circulating and increasing its volume between traders of the same altcoin holders.

JanePorter

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Like many, once you read about it, it's very hard to ignore the potential it has to change the status quo. It's easy to think about it from a 1st world perspective, where it's just a payment system and "who cares?". But when you understand about 3rd world countries, crazy inflation and governments stealing money/gold from people you soon realise the power of crypto and how it's going to, and is changing everything. Maybe one day this will happen to the USA/UK, bank accounts will be frozen and a % liquidated, who knows. That's why I got into crypto.

Topic: What makes a altcoin valuable - page 36. (Read 5747 times)