I think it's a combination of the idea, team, features, existing platform, and marketing.
When all of those features align, then ico's doo very well. An token I've found to be doing really well with an extra edge is cybermiles. They seem to have the global reach most companies don't have. Interested to see what's ahead for them.
Topic: Why do some coins take off while others don't? (Read 439 times)
Is it just timing, marketing or gimmicks as with doge?
Yes correct, everything is about timing in the crypto world. There are also big hands in the game, that will ultimately determine coins that you find to be scam or shit, turns out to be one of the most profitable coins of the year.
Marketing has very little to do with how successful a crypto is, every shitICO with devs market their coin. The number one thing that determines value is community, and the reception of the coin. Even if a coin is a "sleeper" over years, if there is some support and the background of the coin is untainted, then it will have its time to shine at one point or another.
Almost every single crypto has a point in it's life, where it gets pumped for massive returns. Patience and research is required to find these gems.
Is it just timing, marketing or gimmicks as with doge?
You mean apart from coins that are artificially being pumped before the dump... I think coins that have an intrinsic value or use in the ecosystem of the project seem to take off close to or when they achieve what they promised in their road map.
To be honest, much of this is due to mere speculation. There are many currencies that have enough merit to be much better quoted than they are now, and yet are extremely undervalued, while bitcoin despite all its limitations continues to dominate the market in a crushing manner.
Obviously there is no logic in this, but it is well known that markets obey questions beyond the rational, where the emotional, psychological and game theory have much to do.
Obviously there is no logic in this, but it is well known that markets obey questions beyond the rational, where the emotional, psychological and game theory have much to do.
what is this question lol
there are coins that have progress in partnerships and development, so their price goes up
other suck, scam or miss deadlines ..
there are coins that have progress in partnerships and development, so their price goes up
other suck, scam or miss deadlines ..
Why do some companies go bankrupt and why do some companies make profit?
It's all in the quality of their work and the choice they make.
It's all in the quality of their work and the choice they make.
Marketing is the main key to make ICO Successful. Social media marketing, Blogs, Youtube videos and signature campaigns make an ICO more Popular and create awareness about its launch. These marketing techniques help to builds a big-time propaganda about the success of the ICO.
Good marketing strategies will make sure that ICO will be filled completely.
Good marketing strategies will make sure that ICO will be filled completely.
There are many and complex things to consider. As many coins that seem to take off may also be a pump and dump coins.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
I think Team is the main assent in making a ICO successful. In this scenario, where most of the ICO's are fraud, Team members feedback is quite important to trust an ICO. Experienced and honest Team members are the key to make an ICO successful.
2nd comes the Product...Effectiveness and application of the product apeals the investors to invest in ICo as it determines the revenue in future.
3rd come the Marketing and USP's....Marketing strategies to gain popularity & make ICO concept reach to every investor is really important to fill ICO crowdsale initially.
There are many and complex things to consider. As many coins that seem to take off may also be a pump and dump coins.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
There are many things to consider indeed. Especially team is very important. I always check each member individually, their project history, success / fail ratio, tend to do scam etc.
Yes the team is very important. Look at OMG for example, top tier team and instant pump when everyone found out about it. It has plateaued lately but the initial run up was all due to the team.
The average person won't even hear about a coin until it begins its run up and then everyone will jump on board taking it higher.
Do your research and find the ones that have a need for blockchain tech (because many don't) and need a token (because many don't) and have a team with a history of previous successes and you will have yourself a winner
There are many and complex things to consider. As many coins that seem to take off may also be a pump and dump coins.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
There are many things to consider indeed. Especially team is very important. I always check each member individually, their project history, success / fail ratio, tend to do scam etc.
There are many and complex things to consider. As many coins that seem to take off may also be a pump and dump coins.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
The planning.
Team.
Concept.
community,
decision making capability of the developers.
Is it just timing, marketing or gimmicks as with doge?
The gimmick helped get Doge noticed and off the ground, now it's about the stability. It's essentially Litecoin lite.
Some Altcoin are going to hit the market and can be used just like Bitcoin, Bitcoin Cash, Ethereum etc. that there's non difference from the top Altcoin today but there are some Altcoin that is used as tokens for specific services and markets. There are a lot of ICO's today that serves as tokens to their roles like gaming, gambling, real estate, medical and exchange. each token has it's value and role to the small to large sized company or organizations.
It has to do with everything you have mentioned and more. Hype and good news can be a good catalyst for astronomical rise of any altcoin including any token. But fundamentally speaking, development is what will sustain value regardless of any other factor contributing to rise in price of any altcoin or token.
Their are also other devs who really want to keep up their coins but sometimes even the most dedicated ones can get tired ones their is really no suppoerters on their project. Others may also move out once they earned certain profits but it is really the high budgeted coins from my observations that are staying for so long. Even if the price is really low but they are still in the market.
It's all depends on the team (devs, support and marketing), Altcoin are not actually didn't take off because some of them as actually valued and increasing. That's why most Altcoin are based on specific marketing role, like for example for gaming and gambling. They're going to give customers option that they're going to accept any of the specific tokens or coins then it's time to convert your cash into that coin because it's wiser to pay them through altcoin than fiat that needs more time to process.
Is it just timing, marketing or gimmicks as with doge?
The gimmick helped get Doge noticed and off the ground, now it's about the stability. It's essentially Litecoin lite.
I agree that marketing is important for exposure of the new coin.
But if there is no fresh idea or technical update behind.... In that case, marketing costs will be a wasting of money.
Make a good coin, make a good marketing. Don't reverse.
But if there is no fresh idea or technical update behind.... In that case, marketing costs will be a wasting of money.
Make a good coin, make a good marketing. Don't reverse.
Is it just timing, marketing or gimmicks as with doge?
if the project does not do well with marketing expect to have a small community which isn't good for the project if we want to see it take off well and i think projects that are similar to existing ones tend not to do well as investors are looking for raw ideas to support...i guess timing does matter too in this scenario. It has to do with everything you have mentioned and more. Hype and good news can be a good catalyst for astronomical rise of any altcoin including any token. But fundamentally speaking, development is what will sustain value regardless of any other factor contributing to rise in price of any altcoin or token.
Indeed, and don't forget about coins that are never meant to take off, they are only meant for filling the dev's pockets.
It has to do with everything you have mentioned and more. Hype and good news can be a good catalyst for astronomical rise of any altcoin including any token. But fundamentally speaking, development is what will sustain value regardless of any other factor contributing to rise in price of any altcoin or token.
High demand for the coins, I guess.. . which may be Real demand or pumped by traders or coin owners. Fundamentals such as News about important development of some Cryptocurrencies do help push their prices up or down.
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