Just make sure you're not on the losing side and then you can be a champion instead of a butthurt complainer.
Be smart and you'll be profitable... Simple
Topic: What makes an altcoin rise in the market? (Read 1203 times)
Provide something that hasn't been seen in crypto before.
If it is useful, sooner or later it will be reflected in the price.
If it is useful, sooner or later it will be reflected in the price.
I hope you're right, but right now I'm beginning to doubt that most people even care about innovation. It seems like most around here are simply looking for the pump.
Well of course everyone is looking for the pump to make money fast and easy, the problem with that is that some people will make a good amount of money from the pump and a lot of people will make nothing
Provide something that hasn't been seen in crypto before.
If it is useful, sooner or later it will be reflected in the price.
If it is useful, sooner or later it will be reflected in the price.
I hope you're right, but right now I'm beginning to doubt that most people even care about innovation. It seems like most around here are simply looking for the pump.
Generate demand so that people want to buy them.
Massive hype basically. After the hype fades, the coin dies. There are exceptions, like Monero, Dash or Maidsafe. Serious projects with a purpose, something you can be reasonable safe at night while holding long term besides Bitcoin.
Other than that, its really hard to say from all the coins, very difficult to pick up winners without it basically being a casino gamble.
Other than that, its really hard to say from all the coins, very difficult to pick up winners without it basically being a casino gamble.
i guess the problem is that normal people with little knowledge is making coins and CAN make coins, if a big corporation made one, lets say league of legends, instead of rp (riot points) wich is bought with real money, they could make a coin (league coin or whatever) that would definitely be used for millions of people that play league because they would be basically forced to and that would make the coin rise.
Massive hype basically. After the hype fades, the coin dies. There are exceptions, like Monero, Dash or Maidsafe. Serious projects with a purpose, something you can be reasonable safe at night while holding long term besides Bitcoin.
Other than that, its really hard to say from all the coins, very difficult to pick up winners without it basically being a casino gamble.
Other than that, its really hard to say from all the coins, very difficult to pick up winners without it basically being a casino gamble.
great articles great Project archcoin bitstake 8bit
I'm still pretty new to all this but having an active community, getting places to accept their altcoin directly and having an active (and communicative) dev team seems to help keep prices stable, if not necessarily upwards-bound.
Yes that seems like good ideas but how do you exactly make reputable places accept your coin when they can just use the already trusted ones? I mean new coins have nothing new they are just other coins
This is the fundamental problem with altcoins right now. There is almost no incentive to use new altcoins compared to Bitcoin. And even then Bitcoin is still in its infancy, most merchants immediately exchange it for fiat.
While that is true there are other altcoins that simply offer nothing new but they are just as famous or even more, like dogecoin wich was like a joke coin and look at it now, one of the biggest altcoins that there are, and there are some other examples of this aswell.
I'm still pretty new to all this but having an active community, getting places to accept their altcoin directly and having an active (and communicative) dev team seems to help keep prices stable, if not necessarily upwards-bound.
Yes that seems like good ideas but how do you exactly make reputable places accept your coin when they can just use the already trusted ones? I mean new coins have nothing new they are just other coins
This is the fundamental problem with altcoins right now. There is almost no incentive to use new altcoins compared to Bitcoin. And even then Bitcoin is still in its infancy, most merchants immediately exchange it for fiat.
I'm still pretty new to all this but having an active community, getting places to accept their altcoin directly and having an active (and communicative) dev team seems to help keep prices stable, if not necessarily upwards-bound.
Yes that seems like good ideas but how do you exactly make reputable places accept your coin when they can just use the already trusted ones? I mean new coins have nothing new they are just other coins
This is the fundamental problem with altcoins right now. There is almost no incentive to use new altcoins compared to Bitcoin. And even then Bitcoin is still in its infancy, most merchants immediately exchange it for fiat.
The Pump right before the Dump!! 
Haha come on im serious, in talking about stable coins of course
There are tons of coins now, whatcan new coins do to rise their price?
You are talking stable coins that rise in price obviously? That doesn't make much sense bro, the only way coins get noticed within this pool of crap is when they are pumped and people/average traders take note. Tech is not always a sure thing for a rise in price neither is anything except a backing with a nice pot of funds to create a nice pump.
You need a fair start, some transparency, vetted and proven over time not to be a scam.
It should be worth talking about. It needs a message, a story.
It nees a value and belief system.
It needs an undying committment from a core group who understands the meaning to the core group.
It needs a vocal community, not necessarily a huge community, who believe in it.
It requires some kind of differentiation that sets it a part and make it unique or better in some way.
It takes people who will willingly invest their time talent and energy to promote the cause.
If it's the best anon coin in the world, then find your rabid core believers in privacy.
If it has lowest inflation, find the inflation haters.
If it specifically facilitates a certain activity, find the people who participate in that activity.
It it helps green the planet, then find people who want to do that.
For a coin to succeed, someone has to believe so intensely in it for so long that others will also believe, or find it fun or cool to be connected.
Acceptance by merchants is desirable but overrated in and of itself. Convertability is more important, so add a market to the list.
It should be worth talking about. It needs a message, a story.
It nees a value and belief system.
It needs an undying committment from a core group who understands the meaning to the core group.
It needs a vocal community, not necessarily a huge community, who believe in it.
It requires some kind of differentiation that sets it a part and make it unique or better in some way.
It takes people who will willingly invest their time talent and energy to promote the cause.
If it's the best anon coin in the world, then find your rabid core believers in privacy.
If it has lowest inflation, find the inflation haters.
If it specifically facilitates a certain activity, find the people who participate in that activity.
It it helps green the planet, then find people who want to do that.
For a coin to succeed, someone has to believe so intensely in it for so long that others will also believe, or find it fun or cool to be connected.
Acceptance by merchants is desirable but overrated in and of itself. Convertability is more important, so add a market to the list.
"Appearing" professional and ambitious. Popular. No premine. Ninja launch. ...
I'm still pretty new to all this but having an active community, getting places to accept their altcoin directly and having an active (and communicative) dev team seems to help keep prices stable, if not necessarily upwards-bound.
Yes that seems like good ideas but how do you exactly make reputable places accept your coin when they can just use the already trusted ones? I mean new coins have nothing new they are just other coins
That is a very good question, but I'm afraid I don't have an answer for it. Maybe offering some kind of promotion to the online vendor in question / giving them publicity via social media channels etc would be enough to sweeten the deal for some - I don't know what it would entail, from a vendor's point of view, to be able to accept a new coin type.
I'm still pretty new to all this but having an active community, getting places to accept their altcoin directly and having an active (and communicative) dev team seems to help keep prices stable, if not necessarily upwards-bound.
Yes that seems like good ideas but how do you exactly make reputable places accept your coin when they can just use the already trusted ones? I mean new coins have nothing new they are just other coins
This is the fundamental problem with altcoins right now. There is almost no incentive to use new altcoins compared to Bitcoin. And even then Bitcoin is still in its infancy, most merchants immediately exchange it for fiat.
The Pump right before the Dump!!
Haha come on im serious, in talking about stable coins of course
It's always the same: simply supply vs demand. You need more and more people using/buying/trading it to see a rise.
I'm still pretty new to all this but having an active community, getting places to accept their altcoin directly and having an active (and communicative) dev team seems to help keep prices stable, if not necessarily upwards-bound.
Yes that seems like good ideas but how do you exactly make reputable places accept your coin when they can just use the already trusted ones? I mean new coins have nothing new they are just other coins
The Pump right before the Dump!!
Haha come on im serious, in talking about stable coins of course
There are tons of coins now, whatcan new coins do to rise their price?
You are talking stable coins that rise in price obviously? That doesn't make much sense bro, the only way coins get noticed within this pool of crap is when they are pumped and people/average traders take note. Tech is not always a sure thing for a rise in price neither is anything except a backing with a nice pot of funds to create a nice pump.
Provide something that hasn't been seen in crypto before.
If it is useful, sooner or later it will be reflected in the price.
If it is useful, sooner or later it will be reflected in the price.
I'm still pretty new to all this but having an active community, getting places to accept their altcoin directly and having an active (and communicative) dev team seems to help keep prices stable, if not necessarily upwards-bound.
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