Topic: What makes an altcoin valueable? - page 11. (Read 4629 times)
In my own opinion, the things that we need to check on in case a new coin has just been created would be the company or individuals behind it, are they trustworthy? Can they do the gargantuan task of maintaining a coin for such a long period of time. I would be checking those behind the coin as the top priority. We can never know what will happen to our investments.
altcoin has value due to several factors,
1. have a real product and its benefits
2.technology and features interesting and safe
3.tim in solid project
I think that's my opinion about altcoin that will be worth (worth).
1. have a real product and its benefits
2.technology and features interesting and safe
3.tim in solid project
I think that's my opinion about altcoin that will be worth (worth).
If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?
The price of any asset is formed as the ratio of demand for this asset with its supply on the market. That's all. The scheme is simple, but in the world of finance there are many difficulties which should be kept in mind. For example we all know tether currency and it used to manipulate Bitcoin price...
It sounds simple if you describe price as a function of supply and demand, but supply and demand themselves are very complex and subject to a huge number of factors. Thus making it difficult to determine a price easily (or predict it in any way).
First of all the project should be promising and qualified. Secondly, the team members should be qualified.
I think that MVP is the most valuable in crypto project with its own Altcoin. Also, good and professional team is also very nesessary. And of course you should look at idea of the project. It should be unique and fresh.
The next nesessary points are good marketing and listing to big exchanges.
But now almost all altcoins have problems with this points.
The next nesessary points are good marketing and listing to big exchanges.
But now almost all altcoins have problems with this points.
I think the core factor which makes an altcoin valuable is its popularity. It means the number people accept it as a main transaction payment.
In my opinion, the first element is its technological foundation, the blockchain platform is good, there is no improvement. Second, the leadership and development of that coin must be good; Finally, the cost of digging, is one of the most important criteria, the diggers will probably be able to accept a cost to invest in the dredging machine up to thousands of dollars. Will coin fluctuate at what price to match these costs?
Today altcoins are becoming a valuable investment for many people. In many ways, this depends on the prospects and benefits of the project for modern society.
Experienced team, a socially significant product concept and the effectiveness of the projects undertaken by them, because if we look at valuable Coins can be achieved with products offered by companies where products can be widely used by those in need. I think this is the most valuable factor.
If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?
Here are the three things I have in mind.
1. The problem the altcoin wants to address. It should be an actual problem in reality that is experienced by many people and not just an imaginary one like a lot of projects are trying to solve.
2. The economy of the coin. There should be a sound coin economy so that it will continue to be in demand. The coin should not just be a prop.
3. The sealed partnerships. Remember that having the big names in the business world as partners will give a very strong boost to the altcoin's value as well as popularity.
Adoption, adoption and use cases. Most of the coins are launched without adoption in mind and tend to have zero use cases or address the same probles as others that are already on the market.
Innovations make projects valuable in the real world and in the crypto market. It is innovations and benefits for society that are crucial for the success of a particular project.
In my opinion three factors are: It must be the support of the media and transactions on the prestige floor, quality. A coin is considered to be good when it is supported by media enthusiasm and despite how much the market changes, the coin still retains its essence. And once, its superiority over the other coin, it's going to be the focus of many, especially investors. GOOD LEADER: Whether a company grows or not depends on the leader, while digital money has the potential to grow or not depending on the technology platform. The technological foundation is man-made, but the technological foundation depends on its founder. Technological, technical and application potential: To get a coin worth of hidden then the platform is Blockchain value. Blockchain is the true soul of coin.
The most major factor that makes the altcoin more valueable are, The team behind, the uses of its coin and of course the advisors as well.
The main reason is capitalization. The second reason is what problem the coin solves. And of course you need to look at the experience of the team of developers of the coin.
I think that the price of altcoin directly depends on how many people from the community trust him. I think that Ethereum is trusted the most, which is why it is the most expensive altcoin. The first reason. The second reason is the capitalization the more the better. Third pruina is a team of developers coins.
Usability, cheapness and novelty. This is 3 most important factors that would make it valuable to my mind
There is no such thing as "cheapness" among altcoins' characteristics. When an altcoin costs 1 satoshi it doesn't mean it's cheap in a sense that it's a good buy. 1 Ethereum costs 0.057 BTC right now, but buying it is much better deal than buying a sh*tcoin at 0.00000001 BTC per coin.
I think that recognition by most exchanges is what makes an altcoin valuable, in the first place.
I can the undertaking idea and the motivation behind the task to pull in more speculators and make the coin mainstream and can possibly lead in advertise some time or another because of high rate and execution rate the altcoin will be important.
Usability, cheapness and novelty. This is 3 most important factors that would make it valuable to my mind
If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?
First of all the reason which brings him to create a new altcoin (scalability ecc...). Then the technical solution and at the end the speculation. There isn' t a real value but a value between 2 parts
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