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?
it seems like most bounty projects that I follow and end successfully there are a number of 1. teams with expertise in their fields 2. real products or their real work 3. there are great benefits for real life 
Topic: What makes an altcoin valueable? - page 2. (Read 4629 times)
first of all, i think it needs to have practical use in the real world. if it is closely connected to our lives, it will survive. in addition, the project team is also very important. they need a wealth of experience and long-term patience. finally, it needs to be supported by a lot of money.
From my point of view crypto has more that 10 valuable altcoins and all of them serve for different purposes.
That's why I can't stress 1 or 2 tokens. Look at top 50 and select best for your criteria
That's why I can't stress 1 or 2 tokens. Look at top 50 and select best for your criteria
I think altcoins have value because of
1. Team and project behind the coins
2. Product offered by the project
3. Trust from investors and community
1. Team and project behind the coins
2. Product offered by the project
3. Trust from investors and community
yes, these three are the most important factors if any one of these are missing the chances of the project to succeed will be very small, the three will compliment each other before the project launch the ICO roadmap and the team behind it is the crucial 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?
in my opinion the 3 most important factors for making an altcoin valuable is :
1. the function of the cryptocurrency project
2. the team or community of the cryptocurrency project
3. the roadmap and whitepaper of the cryptocurrency project
Altcoin makes valuable the proposed product, its demand in the market,the team that works on it,also the project and the goal of the project,marketing and promotion in the market..
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?
Team - Project - Investors
Team is very important because you know team can do everything about that project.
Project is very important because that must be good one. And the project must be promising.
Investors i think the most important thing because i believe investors more than everything.
They are playing the prices they can provide exchange listing to coins. They are helping to coins about their roadmap and other important things.
So you need to look that 3 thing.
I agree with you except for the "investor" part. You don't know who the investors are and you don't know what their terms were. The last point is very important because if they get extremely favorable prices they can dump at the day a coin goes to market.
Most of the tokens don't generate any business profits. Therefore they lack value. There are a few exceptions.
I believe that the most important thing to altain had a quality innovative product that brings improvements in some area of our lives, it eases it. To do this he must have a good team of developers , a large community of people who trust this project.A very important positive information background.
Considering the principles of elementary economics, the demand of such coin will determine its value. What the team need to do to increase the demand for their coin is to make sure that such coin is out to solve one or more day to day problem. With this, there will be constant demand for such coin and it's volume will increase and thus it's value also will go up. Apart from this, how secure such coin is also have a role to play because this will ensure that more people hold the coin after they know quite well that they are safe holding it
I would say the most important is user-friendliness and security when people do use or invest in it.
The barrier to mass adoption of cryptocurrency is the fact that people who aren't technologically competent aren't even tempted to use it because they're afraid of losing money.
The barrier to mass adoption of cryptocurrency is the fact that people who aren't technologically competent aren't even tempted to use it because they're afraid of losing money.
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 community trumps everything.
Look at Doge - it was created as a joke, it was designed to be the opposite of Bitcoin. So it had very high inflation initially, it had infinite coins, it was designed to be mined on laptops, each coin was meant to be worth only a few satoshi, and so on.
But it's still there, it is still used, it has good merchant adoption, thanks to it's crazy community.
But this is only isolated cases,and i dont think there will be another doge that will be trusted by investors
The funny thing is that cryptocurrencies do not have physical referents in the real world, so their price is formed in a sense from nothing. People themselves form the price for these non-existent things, and this is the worst thing, because this is a real bubble whose price is not known to us.
You know what is the funny thing?That is there are still someone stupid like you whos spreading shit in this forum and thats always made me smile.you will never get anothing from creating Fud so stop it
Any project that has its promises and dividends on the market today for investors or tokens holders, so I think that any step towards successful product development or payments to investors will bring value to the project.
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?
Team - Project - Investors
Team is very important because you know team can do everything about that project.
Project is very important because that must be good one. And the project must be promising.
Investors i think the most important thing because i believe investors more than everything.
They are playing the prices they can provide exchange listing to coins. They are helping to coins about their roadmap and other important things.
So you need to look that 3 thing.
I agree with you except for the "investor" part. You don't know who the investors are and you don't know what their terms were. The last point is very important because if they get extremely favorable prices they can dump at the day a coin goes to market.
I think so, altcoin makes a valuable product, technology, marketing, the team that stands behind it,how popular the product is that is promoted to the market, as well as the trust of large investors and private investors.
The funny thing is that cryptocurrencies do not have physical referents in the real world, so their price is formed in a sense from nothing. People themselves form the price for these non-existent things, and this is the worst thing, because this is a real bubble whose price is not known to us.
For me I think the value of a coin is it's utility, Bitcoin for example is now been used as a payment option, many people accepts bitcoin, so I believe the moment a coin have utility then it's value will increase.
I think that there are more factors than 3 that makes coin profitable. A team, an advertising company, investors, but for me, the most important thing is a roadmap that always shows goals and deadlines for their achievement.
Desire to receive it. Understand, if tomorrow the majority wanted to buy stones at$ 100, they would be sold at $ 100. Demand creates supply.
Which is exactly how bubbles are described. Someone goes out there and suggests that something of no value has any value, much like your stone.
Desire to receive it. Understand, if tomorrow the majority wanted to buy stones at$ 100, they would be sold at $ 100. Demand creates supply.
For me I think the value of a coin is it's utility, Bitcoin for example is now been used as a payment option, many people accepts bitcoin, so I believe the moment a coin have utility then it's value will increase.
I don't know people who pay with Bitcoin. I don't think it's a good idea to pay with BTC when its price is low. It seems to me that it's better to use it only for trading on the exchange or holding!
The people that are investing in the coin are what makes an altcoin valuable, the amount of money coming into the coin and the demand on the coins is what determines the value of the coins. The product that they are offering is also something that plays a big role in determining their value and the more sustainable it is, the better.
It is true that altcoin makes valuable the product that it represents, its community, its team. If the project is good and promising, then its tokens will always be in demand and their value will grow. If we are talking about a token utility, then the price of such an altcoin will be determined by the popularity of the platform on which this altcoin is used. Jump to: