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Topic: What makes you trust a new cryptocurrency? (Read 1006 times)

full member
Activity: 182
Merit: 100
October 08, 2017, 10:59:26 AM
#45
From most important:
1. Good technical whitepaper including all significant details of implementation
and open source repository that matches whitepapers stuff
2. Strong community
3. No serious issues detected in a while
4. Lots of people use it
5. Finally, reasonable volatility
sr. member
Activity: 567
Merit: 250
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October 08, 2017, 10:44:48 AM
#44
I wonder What makes you trust a new cryptocurrency? 

I think the biggest point that I will give to a new cryptocurrency is coming from its established partnerships with trusted, large, rich companies that is widely accepted worldwide. There are cryptos here that are in partnership with the likes of Microsoft, CitiBank, and others. That is one thing I really like with projects that can reach such feats.
member
Activity: 107
Merit: 10
October 08, 2017, 10:39:43 AM
#43
The reason that I could only trust a new cryptocurrency is if there's a lot of people who are already using it and at the same time if it gets more support be it financially or support from individual people who is holding on to that cryptocurrency. Its not good if I just randomly supports even get some cryptocurrencies that is advertised online. Some of them might immediately loose its value due to some poor support and awareness of people making it less attractive and more risky to invest my time and money.
hero member
Activity: 1106
Merit: 502
September 11, 2017, 07:55:19 AM
#42
Rich men investing a huge amount of money in BTC makes me trust a whole cryto world. I do not think they do it without any purpose at all, it is a reasonable decision and I support it as well.
Too easy to conclude so, the good thing is to follow no one. A good standpoint is the result of self-study. The rich do not invest without purpose. There are many things to watch out for before investing, new coins have big risks, Unless you see dev and team that transparent.
sr. member
Activity: 519
Merit: 250
September 11, 2017, 07:39:30 AM
#41
BTC's success makes me totally trust cryptocurrencies and by that a lot of people are into earning and some developers are into blockchain technology. So the best reason that why we trust digital currencies is that our friends are earning more than average wage. That's how I bump myself into this course.
sr. member
Activity: 518
Merit: 271
September 11, 2017, 07:32:25 AM
#40
I wonder What makes you trust a new cryptocurrency? 
well ir is hard to to trust a new cryptocurrency since too many shitcoins and scam ICOs around here i will trust a new cryprocurrency if the devs and his team are very active in the development of the coin secondly the whitepaper the project itself must be well explained to understand the readers what is his project all about
full member
Activity: 378
Merit: 101
September 11, 2017, 06:44:20 AM
#39
if I want to choose a new crypto ,, I see its mission fission,
dev and team are also very important
and read the project,
because a good project will make the ICO a success
member
Activity: 98
Merit: 10
September 11, 2017, 05:32:39 AM
#38
in my side i first check out the developer, are they working on ssame project before or are they develop existing project, are they real people are not, next road map and white papers. also i include market back-ups who are they market back-up are the company issuing ICO or new crypto can hold it ad support it for long term. Well this are my thought when there are new crypto currency exist. hope it will help you
full member
Activity: 275
Merit: 104
September 11, 2017, 03:52:13 AM
#37
I will not easily trust a new cryptocurrency. That cryptocurrency should be 1 year or longer in existence before I trust it.

But to trust a new cryptocurrency, I will check or analyze the teams that developed that new cryptocurrency. If they won't reveal the teams, I will look for the users of that cryptocurrency. I'll ask them about feedbacks. Maybe I will try it but not for a longer time to experience what other people had experienced. If all of these factors are positive, then it will truly make me trust it.
full member
Activity: 397
Merit: 100
September 11, 2017, 03:35:45 AM
#36
I wonder What makes you trust a new cryptocurrency? 
There is no new cryptocurrency worth being trusted and if I am going to even try trusting one, I would like to learn a lot about the way the crypto works and all about its framework before I can start giving it trust and putting my money in it.
full member
Activity: 2576
Merit: 205
I wonder What makes you trust a new cryptocurrency? 
i trust in the new cryptocurrencies because the decenyralized currency using the internet connection are very easy to use and give the income and a decent job for the unemployed people and help the economy of the the world helping by cryptocurrency.
sr. member
Activity: 322
Merit: 252
For me, i'll check the background of the ICO ( if there's any ) and if it is already on the list of famous  exchanges, if the company/person/team behind that cryptocurrency has the  ability to spend money to list that on multiple exchanges it means that they are serious on gaining the trust of the people here in bitcoin forum community, and befire i trust a new cryptocurrency, it must have it's own goal.
sr. member
Activity: 364
Merit: 250
I wonder What makes you trust a new cryptocurrency? 

Hard to say, I don't easily trust new cryptocurrency. One thing that might persuade me is trust rating and popularity. Though I won't rely on popularity alone. There was this plexcoin I saw in facebook it has gathered popularity with thousands of followers in their fb acct and my friend encouraged me to signup but I didn't then later on I found out that it was really a scam. So I'd really stick with trust ratings and proof that it is a good and valuable coin.
sr. member
Activity: 1190
Merit: 253
The things that make me trust a new crypto currency is their code and the people behind the project.  Since the era of anonymous dev is over, the people behind the project is the one that make me trust in a new cryptocurrency since they are offering something, the team's background should fit their roadmap.  If not then I would definitely skipped on that new cryptocurrency.
hero member
Activity: 882
Merit: 528
It's very hard to trust a new crypto atm ... most of them will die in 1 year after ICO.
Unless it has a potential like eth and doge.
now coming to topic - what i want from a new crypto is time
full member
Activity: 225
Merit: 100
Most important is the whitepaper, people and teams that will develop the coin. Whitepaper is very important to attract people involved in it. But the developer and his team will be very influential on the development of the coin in the future
hero member
Activity: 588
Merit: 500
In my case it's token. I have invested in betking token something like 0,2 BTC this month. I think online casinos which work with crypto currencies are very popular now and the number of users is constantly growing. So, I decided that the own token of one of the most popular bitcoin casinos can pump high. That was my reasons of choosing it. I don't have too much money for investment, so I counted for long and I think that was good choice.
full member
Activity: 158
Merit: 100
3DES - Slicing as fast as possible
- Active dev team
- Innovative conception (technical or economic)
- Working site with all info about coin
- Feedbacks from community members
- Exchange listings (need for trading volumes)
member
Activity: 104
Merit: 10
Highest ROI crypto infrastructure
i first read the whitepaper, it should look good. It it looks good i start looking for the team. I start googling all Team Members and analyze their linkedin profiles. Next i look for a thread here and read the comments
full member
Activity: 518
Merit: 100
I don't trust in nothing but it's work. Bitcoin is more stable and number one in crypto world but it's nothing about trustworthy it's just working for now and nothing more



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