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?
I think that the new coin comes in pretty good when the coin has a fairly affordable price and has a team of developers who can be relied upon to develop their coins. 
Topic: What makes an altcoin valueable? - page 28. (Read 4629 times)
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 value of any phenomenon depends on how well it fulfills its purpose. Just as the value of a shovel is derived from its ability to dig, so the value of a crypto currency is based on three factors:
1. The ability to turnover. The cost and speed of transactions, anonymity, reversibility, risk in choosing a counterparty, features of regulation are important for transactions.
2. The ability to save. 90% of the demand for money is the demand for savings. For savings, long-term stability of the currency is additionally required.
3. The relevance of technology. Altcoin should create value for its users and offer them a unique offer. Altcoin should be based on some new premise, which will solve the current problems of users.
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 value of any phenomenon depends on how well it fulfills its purpose. Just as the value of a shovel is derived from its ability to dig, so the value of a crypto currency is based on three factors:
1. The ability to turnover. The cost and speed of transactions, anonymity, reversibility, risk in choosing a counterparty, features of regulation are important for transactions.
2. The ability to save. 90% of the demand for money is the demand for savings. For savings, long-term stability of the currency is additionally required.
3. The relevance of technology. Altcoin should create value for its users and offer them a unique offer. Altcoin should be based on some new premise, which will solve the current problems of users.
In recent times, unfortunately many subcodes have become valuable only because they are manipulated. Even though there are simple projects, there is even a valued subcoin on the market, but as I said, the influence of manipulation is so great. If your problem is to answer under 3 categories;
1) Project objectives
2) A quality team
3) Areas of use and exchanges in which they are used
1) Project objectives
2) A quality team
3) Areas of use and exchanges in which they are used
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?
To create a truly valuable altcoin, you need to work hard and learn a lot of information on other most successful examples. It will not be possible without experience to take and create something truly worthwhile and valuable. Therefore, prepare to study the information on the creation of standing altcoyin.
It is all about originality of concepts. Team members visibility. Advisers presence in all activities.
Providing the products and when it will launch in the public. Trusted partners if there are. Uniqueness of ability to reach the achievements.
Providing the products and when it will launch in the public. Trusted partners if there are. Uniqueness of ability to reach the achievements.
In my own opinion I think, the product they are trying to build, then the team behind it, then their community members most importantly their influncers
Altcoin valuable because from its development, the teams guaranteed that the project willhave a successful product which have to invest by people and make spread the news and information about the project so that it become popular and many people gives interest on it because the value of bitcoin depends on how many people support it.
capitalization (how much money people invest in this project)
Team of company , their linkedin
and quality of their web site, wallpaper and what problems they solve!
Team of company , their linkedin
and quality of their web site, wallpaper and what problems they solve!
For newly created altcoins to be viable the following characteristics must be present (a) It must be properly presented through well articulated white paper
(b) The team members must be highly experienced and qualified developers. (c) The altcoin must have a product that it is attached to it. There must be an aim for creating the altcoin and aim must be such that solve a human problem.
(b) The team members must be highly experienced and qualified developers. (c) The altcoin must have a product that it is attached to it. There must be an aim for creating the altcoin and aim must be such that solve a human problem.
To me I think what makes an altcoin valuable are mainly it's usecase. How does it solve a real life problem, or how well does it make a real life situation better. Also the hype behind an altcoin gives it value and sustains the price. The project team plays another vital role. Their activities and how active they're in the project development also contribute to an altcoins value as an active DEV project tends to be up to date with the delivering of their road maps.
As the matter of fact altcoin made it so valuable because of its product and services offered. Well if the product is in a high quality it should have a quality value as well but it will be increasing more likely theres a possibility that it will also decrease depending on the circulation and the innovation of cryptocurrency. Many marketer would invest this kind of coin,and third is accessable,that means that whenever you can go exchange trading site,you can always find this coins in there market exchange.
Of course, this depends on the pressure of the team
The product, what the project legend was not, it is the basis of choice
The marketing system of the project is also very important
The product, what the project legend was not, it is the basis of choice
The marketing system of the project is also very important
Product offered by the project determine its value a lot, if the product is of high quality it should have a quality value as well.
Behind the success of a particular project we have the team of the project as well as the community that made it known and publicise it worldwide providing a higher demand for the product.
I think these are the factors that do determine how valuable an altcoin will be.
Behind the success of a particular project we have the team of the project as well as the community that made it known and publicise it worldwide providing a higher demand for the product.
I think these are the factors that do determine how valuable an altcoin will be.
I guess the 3 most important factor is
1. Team and Adviser
2. Product or services offered
3. Marketing Strategies
marketing is very important. you need your coins to be well known so it will gain more value.
All those come together to usher a huge success for the altcoin. However, what really make it valuable is that product and how the people or users perceive it or see the need to make use of it. That is what is going to keep increasing the demand and as long as that is there, the value will keep increasing. Marketing strategy will obviously push the product out there, but even at that, if the altcoin has no product, it definitely has an expiry date.1. Team and Adviser
2. Product or services offered
3. Marketing Strategies
marketing is very important. you need your coins to be well known so it will gain more value.
Very well said, with these essentials there's a big possibility of a booming success in this field. Noticing that marketing needs strategies to standout and continue its operation. It's more likely dwelling in bitcoin. With your idea that "the value will keep on increasing, that is conflict to my idea yes it will be increasing but more likely theres a possibility that it will also decrease depending on the circulation and the innovation of crypto currencies.
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?
which makes altcoin a worthwhile is a project developed using coins that are owned or created, automatically it will trigger a rise in the price of the coin because all coin cryptocurrency will go up if they are in need if not then the price will remain silent.
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?
For me the the three most important factors that makes the altcoin become valuable is first the project developer of this coins is marketable,this means that project platform is necessity and needed so that more customer used it with a purpose,second that the coins have a high market value,so that many marketer would invest this kind of coin,and third is accessable,that means that whenever you can go exchange trading site,you can always find this coins in there market exchange. 
Since cryptocurrencies are in the developmental stage and we all are, we find very difficult to understand this underlying technology. But we believe that the future is this so we better make sure that we support only potential coins. An altcoin makes it valuable or worthy (for me) if it has an important role to do in the real world. I use different scenarios to assess whether it is useful in the long run. That's how I see it.
First is the concept of project itself. Determine the purpose and for whom it is for. Second is the people behind the project. Determine if the identity is real and are they high profiled? Last but never the least is the community. No matter how good or bad a project is, it is the community that takes part of the success. No matter how good a project is, if there is no community supporting and promoting the project, it will be just as good as trash.
a project with a good idea make an altcoin valueable. the market will have the last world if the project behind the altcoin have a future.
The concept of the project will be very important as well as the value it will add to the market. it has to come in with a solution to a problem for it to succeed. the development team is also very important. an experienced team is more likely to come up with a good coin.
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