Topic: What makes an altcoin valueable? - page 21. (Read 4629 times)
Altcoin makes valuable: the technology they support and create; the team of experienced developers; and the people themselves who invest in this coin.
I think the usage is the base of a token. If the token is just used to buy and sell in the exchange, it will be zero when the whale left it.
As ethereum is a good example, it can be used in ethereum network, and many project build on that. It makes ethereum has some great value.
As ethereum is a good example, it can be used in ethereum network, and many project build on that. It makes ethereum has some great value.
Product behind makes it valuable. How project performs and hype around project as well as partnerships and listing on proper exchanges brings value to projects.
I think what will make altcoin to be valuable is trust without trust it can't be valuable, secondly the team members matters alot find out if they are well experienced and popular too.finally inovations can make altcoin to be valuable both in the real sense and in cryptocurrency world
What makes an altcoin valuable or any coin at that is humans, if people are using a coin then that means that the coin has value for them to be using it. If a coin starts losing investors and doesn't get more investors then the coin is most likely to fail because no one is using the coin. So human factor is what makes a coin valuable
Well for me cryptocurrencies is like a mutual love affair between the coin creator and his coin investors or the community that is behind the said coin. Both of them needed each other. The Developer to make plans and strategies in making his coin work. And the community in making sure that they can spread the word and also to keep the dev in check. But of course not all coins can survive this world. So usability is also a key factor.
Innovation is the most valuable, both in the real world and in the cryptocurrency world. Who can walk ahead and let more people use it, he will have great value.
What makes successful altcoins depend on a lot of factors, including the critical factors that are the potential of the altcoins, the team behind the altcoins and the trust of the investor. In addition to the plans and activities, the direction of the altcoins in the future is also important to evaluate whether the altcoins have potential or not.
This market is so volatile and unstable, so even small things like overall mood on the market right now are also affecting the price of the potential new coin, which is a newborn on the horizon.
The value of Altcoins depends on the use and purpose of each coin in any other transactions. It depends on how useful it is for coin users. The appropriateness of each coin can depend on each project that it can accept, and on each concept it will face. Each altmoin has his specialty and its effectiveness. I think that the proposal and requirements of these coins are also partly of this value.
altcoins become popular because people believe in them and their projects. But as for me the main reason is people.
lol, you are all wrong.
An alt has value because it's a computer network...
And all computer networks has positive value see Metcalfe's Law.
Crypto valuation only starts making sense...
When viewed as social networks with added features such as wealth transfer, etc
First of all, the project itself. Then the team, if team is strong with a good project, I would invest that altcoin. Last of all, as a bonus, if the community is strong, invest more to that altcoin.
Please Tell me 3 best ALtCOINS
A promising project with a solid team. The development goals should also be realistic. You can tell if a team is selling lies and fantasy pretty easily. If they are, the coin is not going to be valuable.
If you ask me about this, the reason why alternative cryptos is valuable because it has a great value to the investors and their profit, it makes targets real
Concept of any project will be very important as well as the value it will add to the market, it has to come with a solutions ti a problem for it to succeed
Altcoin is like a share on stock market so when buying altcoin you become a co owner of a company. The mechanism works like on a stock exchange and you are able to buy coins and be a investor. The value of an altcoin is a company capitalization.
I think it is a new revolutionary type of currency like any other currency or unity of account, they only have value because people think it has value.
First is an original idea/code. It's great when a coin has it's own blockchain (like $BIS f.e.). Second is an active team. And 3rd is a community.
I suppose that you must have a strong and compelling dream, which you must pun into the proper words and on the whitepaper, so the people who are about to invest can see and believe you
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