Topic: What makes a altcoin valuable - page 4. (Read 5747 times)
the development team behind them and their partners.
what makes valuable altcoins a product of the cryptocurrency, the better their products are, the more people will trust their crypto money, so the coins become expensive and valuable.
Altcoins have value because of it's versatility and popularity in the market place. And also it gain same respect and same importance like bitcoin in the international market. Altcoin are mainly famous for their decentralised nature which make them free from government rules. Altcoin are also famous for their innovative and creative transaction facility with high security. Altcoin is famous for its uninterrupted transaction too. And it's usage in online shopping many online retailer using altcoins for trading because it charge low transaction fee and fast processing.
I think altcoin is very valuable because it can be used as an alternative to bitcoin. The price is still relatively very cheap compared to bitcoin to make many people want to buy altcoins because prices will rise and get results
i think an altcoin will be more valuable if the idea and technology behind it worth investing.
Well some important factors that makes an altcoin valuable it has to do with the market value if the market value is high and also the demand if the demand is high all this can positively affect the altcoin value and make it rise
For me an altcoin to be valuable it needs to have a good foundation like the project, team, community and the market of the coin determines the value of the coin because if the alt coin will have a success ICO and most people are drawn to it the more the people will buy their token. But there are more factor that affect the token value. Your thought?
For example, bitcoin valuable only makes electricity costs for its mining. It's like gold. And for example, the ethereum, these are smart contracts, these are technologies. But, unfortunately, the Ethereum has unlimited emissions
Whether it is Bitcoin or any other coin , its value is not only in terms of money, but also it depends on its versatility and popularity. People usually hold the coins or like the coins which are much used in every way.
I believe that the most essential factor for expanding the altcoin cost is the simple result of this undertaking or news that this task is in a phase of stormy work. Since individuals are now tired of putting resources into ventures that don't have anything valuable. Obviously with the substantial number of market request, the coin will be significant, so the fundamental factor is the supporting element or the quantity of networks, capacities or the significance of the stage behind the coin.
The reason for crypto contributes is tokens. What's more, if in your undertaking tokens are utilized superfluously then you will decently be sent to look for speculations somewhere else. On the off chance that your tokens were imagined as a methods for installment make sure to discharge them to the crypto trade. We, the bitcoin clients makes the altcoin profitable. Since we are the person who keeps it alive and dynamic. We seek after working out with it and we eant to procure some along these lines, it's the place we jars indicate how profitable an altcoin is.
In my opinion, it's kind of like stocks. Coins are just a means of circulation, and the companies they represent can make a profit, which will cause the price of coins to rise.
Well some important factors that makes an altcoin valuable it has to do with the market value if the market value is high and also the demand if the demand is high all this can positively affect the altcoin value and make it rise
To have coin values
Surely that project really has potential and value in the future.
Moreover, we have to do strong communication, introduce the project to everyone.
In addition ICO must sell successfully !!!
Surely that project really has potential and value in the future.
Moreover, we have to do strong communication, introduce the project to everyone.
In addition ICO must sell successfully !!!
In my opinion, something is valuable because of the recognition of many people, meaning this requires the community to make it valuable. It's the same as gold. After all that is also just metal, if people decide to value more iron and use it as a store of generally accepted value, this might become a valuable "gold" right now.
Well as it is with each cash, the general population give it its esteem. The same goes for Altcoins concerning Bitcoins with respect to fiat cash (just that fiat cash is given trust since it got government sponsorship and individuals some way or another put stock in it therefore). Yet, its about trust and acknowledgment by the general population that will utilize the cash. I would attempt to fabricate a solid network and spotlight on developing and looking after it. As I would like to think this is key for the accomplishment of any crypto.
Mass adoption and reason for coin. If there is no adoption then it will stay as a closed group and for coin, there should be reason for buying, using, keeping.
I think that an altcoin has its value when it has any original idea or is going to solve some problem which other altcoins could not solve.
An altcoin, or any other product, is always valuable when it fills the gap in market, has an actual purpose, has a working product(obviously) and is easy to use. The most important from all of these is why the altcoin is needed in real life. If any altcoin is way superior in technologically but it's not needed in real life then it won't make any sense. Even the most basic altcoin can make a difference if it's needed in real life.
The value of an Altcoin lies in the tech behind it and its support. If I can see that a lot of people trust a project and do my own research on top of that I think I can’t do anything wrong
Its investment, its popularity and its acceptance power.
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