Topic: What makes you trust a new cryptocurrency? - page 3. (Read 1006 times)
It's a combination of a lot of things, but a good chunk of my criteria and the first thing I would check would be the developers. I always make it a habit at looking at the developers first, whether or not they've worked on similar projects in the past or if they're currently developers of some different project. If ever I'm not familiar with the developers, I do a thorough search on their names as to know if they're actually real people/developers and not just some made up names just to get people to trust them.
the code.
even if i don't understand it, when it is open source and if it is popular it can not have anything shady in it.
in fact bitcoin is not only open source but also there are very good documentations out there which you can use to make everything without needing the traditional wallets. you can even create a private key with a dice physically and then write a little script yourself to sign transactions.
even if i don't understand it, when it is open source and if it is popular it can not have anything shady in it.
in fact bitcoin is not only open source but also there are very good documentations out there which you can use to make everything without needing the traditional wallets. you can even create a private key with a dice physically and then write a little script yourself to sign transactions.
Devs.If they are responding to others requests and have a genuine idea to how to put new stuff on table, I mostly end up investing.
Government backing - well somebody had to say it. 
By read the people response and The concept of the coin also from its function and then the price is also quite affect.
I wonder What makes you trust a new cryptocurrency?
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