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Author Topic: Is there a benchmark to fix altcoin price ranges or scale?  (Read 130 times)
Digital Mutant (OP)
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October 04, 2017, 10:19:06 PM
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Hi,

I am observing that in forums about altcoin prices, there'are often discussion and prediction about prices without any particular logical reason
but I wander if there's is a benchmark or a way to determine the price of a specific altcoin, because people many time just wander if the coin will reach a determined price or not only because they own that coin.

for example: Bytecoin

I was in this forum now https://www.cryptocompare.com/coins/bcn/forum/BTC

Ƀ is 0.00000030 now

I think that this kind of coins will never reach high prices as Monero etc, just because of its nature. No fee, 183,253,534,612 BCN of Circulating Supply, etc...

I mean there are coins that because of the way in which they are built, will never reach very high prices, I am talking about Ripple, Nem, Stellar, Doge, etc
And there are coins that has very new features and technological architectures as Ethereum, Iota, Neo, Golem, Ox, etc that make them very attractive to investors.

I know that there's no precise answer to my question, but I wander if there's a way to group coins into ranges of max. and min. (aproximated) value.

Thanks Roll Eyes
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