What makes a cryptocurrency (alt coin) valuable? - page 2.

Golftech

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Quote from: Vit83 on November 12, 2018, 04:00:04 AM

Real usage of the token and great development team with interesting IDEA can make alt valuable for the long term.

Also includes the target venue for more usage, if the said project will be usable for any businesses that will cater specifically, then value will increase
as majority of investors and businessmen around that place will be involve and when the developing team succeed and makes things easier adoptions
can be more widely and it will open more doors for new investors.

kendra1107

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Generally, cryptocurrency value is determined by adoptability and usability. As cryptos are being adopted and used for exchange or payment, people sees its value and demand would most likely increase while supply decreases and so price rises.

voteformeg

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Quote from: ldgryvvh on August 23, 2016, 02:32:12 AM

Hi guys,

i've been struggling to grasp the concept of what makes an altcoin or cryptocurrency valuable. Well, i understand Bitcoin meteoric rise as it was the first of its kind and there is an intrinsic value in its core technology that (just) might be the next primary mode of digital transactions in the future. However, is there really space for any more of such? Lets just look at the market cap, i could almost firmly say that among the top 10 cryptocurrencies, most of the owners of such coins all have a stake in Bitcoin. This translates of to a finite number of people in this whole cruptocurrency community just cycling their money round and round.

So why do people still believe in other coins and their price? Say an altcoin ICOs for abt $1/coin, what makes people see the value?

I hope people see the angle i'm curious about. Thanks

i think that we can never be sure about what is giving our portfolio value , it is crypto and everything can happen , one thin is for sure , nothing is sure

Vit83

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Real usage of the token and great development team with interesting IDEA can make alt valuable for the long term.

l10no

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Bitcoin prices are very expensive, obviously, why do they hold Bitcoin rather than altcoin, but those who like to trade they obviously prefer altcoin because altcoin prices are very cheap, if they are lucky they quickly benefit

Karlblaise1

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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

The basic reason why cryptocurrency is valuable is because, it can serve as a means of exchange; with the inherent power of supply and demand at work.

Other features that cryptocurrencies and the platform (blockchain inclusive), offers that makes it unique includes;

It's Decentralized; putting control of my assets at the palms of my hand; taking the unwarranted influence of some regional government powers and their fiscal policies from limiting me. There is hardly any transaction error as a result of the decentralized nature of confirmation of transactions, and it also removes third party error.

Aside this, Cryptocurrency transactions are becoming swifter; handling a whole lot of transactions within seconds, and at a very affordable cost. The decentralized nature also makes it hardly susceptible to cyber attacks.

They are also very transparent and immutable, meaning that the transactions can be viewed by everyone, and be sure of the dealings without giving room to alterations.

Other features of the blockchain that makes it more valuable is the distributed ledger, Hash features, and the tendency of increased innovation, technologically, etc.

Meycell

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Quote from: Serco on November 10, 2018, 12:06:07 PM

Quote from: bbc.reporter on August 23, 2016, 02:36:55 AM

All that gives a coin their value is the law of supply and demand. It will only be valuable up to a point of how much the buyer is willing to pay for them.

This is true but besides all of that, the product they created also affected the value of the token. The better they run their projects, then this can make the project glimpsed by many people and influence the product they create. Then, if there are already many people who use their products, it will also have an impact on the value of the tokens they use.

Altcoin is stable and continues to undergo development will be very capable of carrying the coins are so valuable.
This is indicated by the growing number of people who have Altcoin and support for progress in the future, making it the main valuable coins.

Jaka.Sembuh

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in my opinion, what makes a valuable altcoin is how the project is defended if their project grows, of course, traders and investors will glance at the coin so that with the increasing number of people hunting for the coin, making the altcoin more valuable.

paulk11087

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Quote from: ldgryvvh on August 23, 2016, 02:32:12 AM

Hi guys,

i've been struggling to grasp the concept of what makes an altcoin or cryptocurrency valuable. Well, i understand Bitcoin meteoric rise as it was the first of its kind and there is an intrinsic value in its core technology that (just) might be the next primary mode of digital transactions in the future. However, is there really space for any more of such? Lets just look at the market cap, i could almost firmly say that among the top 10 cryptocurrencies, most of the owners of such coins all have a stake in Bitcoin. This translates of to a finite number of people in this whole cruptocurrency community just cycling their money round and round.

So why do people still believe in other coins and their price? Say an altcoin ICOs for abt $1/coin, what makes people see the value?

I hope people see the angle i'm curious about. Thanks

In my opinion, we determine the value of a coin by 70 percent. Since I entered this market, I have seen many bad projects coming to very good places. But here I think the team and infrastructure behind the project are very important.

Serco

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Quote from: bbc.reporter on August 23, 2016, 02:36:55 AM

All that gives a coin their value is the law of supply and demand. It will only be valuable up to a point of how much the buyer is willing to pay for them.

This is true but besides all of that, the product they created also affected the value of the token. The better they run their projects, then this can make the project glimpsed by many people and influence the product they create. Then, if there are already many people who use their products, it will also have an impact on the value of the tokens they use.

DigiSwap

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Supply and demand. But demand deppends from many factors. Like usability, working product, if the token is security or have utility like BNB for example.
Thanks to BNB you can save on fees and also you can use it to buy items and services all over the world.

JayCue

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When a cryptocurrency or altcoin was created by a certain company or group of people to power their desired platform or business, then, of course, it's truly valuable.
Then its supply and demand on the market will determine how much its value for that period of time.

anobtc

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Vietnamese Translator™ https://goo.gl/7inMji

The price of a token on an exchange depends on market rules, between supply and demand. But it also depends on the investors of the project, if they are big investment funds, and their decision to sell or keep their tokens.

jan.nicolas

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As it was already said more than once, the value of a project can only be brought by a product that today cannot be shown in most cases. Basically, of course, today there are big problems with a flaw or even general speculation.

target

legendary

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An altcoin can go up if the project has demands from its users. At some point some of these altcoins are paired with stablecoins like USDT and TUSD, all the more if the coin is paired with fiat. This is also the reason why some of the coins wanting to be listed on coinbase like XRP who had been very hopeful to be there but were not actually listed on coinbase.

langaw2018

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Quote from: ldgryvvh on August 23, 2016, 02:32:12 AM

Hi guys,

i've been struggling to grasp the concept of what makes an altcoin or cryptocurrency valuable. Well, i understand Bitcoin meteoric rise as it was the first of its kind and there is an intrinsic value in its core technology that (just) might be the next primary mode of digital transactions in the future. However, is there really space for any more of such? Lets just look at the market cap, i could almost firmly say that among the top 10 cryptocurrencies, most of the owners of such coins all have a stake in Bitcoin. This translates of to a finite number of people in this whole cruptocurrency community just cycling their money round and round.

So why do people still believe in other coins and their price? Say an altcoin ICOs for abt $1/coin, what makes people see the value?

I hope people see the angle i'm curious about. Thanks

If you look around why altcoin can be valuable because they have platforms and products that can produce value for the coins they have because with the support of this platform there will be many people who use their shares, like BItcoin that many people want because they have advanced technology and altcoin if they have a good platform, they will definitely have more value.

samcoin

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Leading Crypto Sports Betting & Casino Platform

The importance of any cryptocurrency comes from its usages , and the markets which accept it .
We can watch now hundreds of Cryptocurrencies , but I don't see any importance in most of them , they have been created just for trading , while there are about ten coins only can be used for useful things .

shanem

legendary

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An altcoin is valuable because of their projects. As money in the crypto world is limited, the coin will need to attract fiat money investment for it to have a high value.
An example is Ethereum. It was 50k satoshi during the ICO. When news reported that banks are looking at Ethereum blockchain, hot money were going into Ethereum and price even went as high as 20 dollars.

kelsey

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Quote from: dinofelis on August 23, 2016, 04:55:35 AM

Quote from: kelsey on August 23, 2016, 04:44:25 AM

utter nonsense

the main driving force behind all 'pricing' in cryptoland including Bitcoin is nothing more then the simple economics concept known as "the greater fool theory";

the greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants.

I make the distinction between "greater fool theory" which is, as you rightly say, a belief system where you think that you will find greater fools than you, that are willing to spend more goods and services on a token than you do on one hand, and "same fool theory" which is the basis of a monetary asset, where you believe that you will find similar fools than you, that will spend about the same amount of goods and services on the token than you want to do.

In as much as "greater fool theory" has to collapse, because not sustainable, "same fool theory" works, because it is sustainable: you can appear many times in the chain in same fool theory, while you will of course not appear several times in "greater fool theory", so you will run out of fools.

That's the difference between a speculative bubble (greater fool theory) and a monetary asset (same fool theory).

however nothing in crypto todate could be considered in any meaningful way as a monetary asset.

well 2 people could come out an say we use it as such, and therefore it is (so kinda on a half star out of 5 level), but nothing on the level of any national currency (hell shells are still used as currency by more people then bitcoin), and the vast majority of the crowd around here simple use crypto to make fiat (out of greater fools).

so as i said the main (not necessarily the only) driving force behind all 'pricing' here is the greater fool theory.

electronicash

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a crypto currency may have value when its platform can be considered revolutionary. the demand and supply will follow so long as it has its use for adoption.
and most importantly it will have more value if its funded well.

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