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Topic: What makes altcoins valuable? - page 3. (Read 2105 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
June 01, 2013, 01:44:04 PM
#2
Maged has a good point and I agree.

I also think that the implicit nature of alt-coins being an experiment of an experiment adds value to them if indeed they are trying something different.

legendary
Activity: 1204
Merit: 1015
June 01, 2013, 01:41:22 PM
#1
I recently saw a discussion where this was asked and apparently nobody knew the answer:
What about these altcoins makes them worthy of investment? Please, enlighten me. I can crank out several per day.

To start with, how appropriate their title is.
I'm asking about inherent value. Vaginacoin is about as inherently valuable as every other release on this forum.

Well, after much observation, let me tell you what the answer is. For at least the first year, the most valuable feature of any altcoin is its development team. Most especially, the altcoin's lead developer. This is the only reason why Litecoin is succeeding where other altcoins have failed. Some people think that what you really need is good marketing, but they fail to see that good marketing comes naturally from a strong dev team.

I'd be interested to see what everyone's thoughts on this are.
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