What makes a cryptocurrency (alt coin) valuable?

[target]

An altcoin can go up if the project has demands from its users. At some point some of these altcoins are paired with stablecoins like USDT and TUSD, all the more if the coin is paired with fiat. This is also the reason why some of the coins wanting to be listed on coinbase like XRP who had been very hopeful to be there but were not actually listed on coinbase.

[jan.nicolas]

As it was already said more than once, the value of a project can only be brought by a product that today cannot be shown in most cases. Basically, of course, today there are big problems with a flaw or even general speculation.

[anobtc]

The price of a token on an exchange depends on market rules, between supply and demand. But it also depends on the investors of the project, if they are big investment funds, and their decision to sell or keep their tokens.

[JayCue]

When a cryptocurrency or altcoin was created by a certain company or group of people to power their desired platform or business, then, of course, it's truly valuable.
Then its supply and demand on the market will determine how much its value for that period of time.

[DigiSwap]

Supply and demand. But demand deppends from many factors. Like usability, working product, if the token is security or have utility like BNB for example.
Thanks to BNB you can save on fees and also you can use it to buy items and services all over the world.

[Serco]

All that gives a coin their value is the law of supply and demand. It will only be valuable up to a point of how much the buyer is willing to pay for them.

This is true but besides all of that, the product they created also affected the value of the token. The better they run their projects, then this can make the project glimpsed by many people and influence the product they create. Then, if there are already many people who use their products, it will also have an impact on the value of the tokens they use.

[paulk11087]

Hi guys,

i've been struggling to grasp the concept of what makes an altcoin or cryptocurrency valuable. Well, i understand Bitcoin meteoric rise as it was the first of its kind and there is an intrinsic value in its core technology that (just) might be the next primary mode of digital transactions in the future. However, is there really space for any more of such? Lets just look at the market cap, i could almost firmly say that among the top 10 cryptocurrencies, most of the owners of such coins all have a stake in Bitcoin. This translates of to a finite number of people in this whole cruptocurrency community just cycling their money round and round.

So why do people still believe in other coins and their price? Say an altcoin ICOs for abt  $1/coin, what makes people see the value?

I hope people see the angle i'm curious about. Thanks

In my opinion, we determine the value of a coin by 70 percent. Since I entered this market, I have seen many bad projects coming to very good places. But here I think the team and infrastructure behind the project are very important.

[Jaka.Sembuh]

in my opinion, what makes a valuable altcoin is how the project is defended if their project grows, of course, traders and investors will glance at the coin so that with the increasing number of people hunting for the coin, making the altcoin more valuable.

[Meycell]

All that gives a coin their value is the law of supply and demand. It will only be valuable up to a point of how much the buyer is willing to pay for them.

This is true but besides all of that, the product they created also affected the value of the token. The better they run their projects, then this can make the project glimpsed by many people and influence the product they create. Then, if there are already many people who use their products, it will also have an impact on the value of the tokens they use.

Altcoin is stable and continues to undergo development will be very capable of carrying the coins are so valuable.
 This is indicated by the growing number of people who have Altcoin and support for progress in the future, making it the main valuable coins.

[Karlblaise1]

The basic reason why cryptocurrency is valuable is because, it can serve as a means of exchange; with the inherent power of supply and demand at work.

Other features that cryptocurrencies and the platform (blockchain inclusive), offers that makes it unique includes;

It's Decentralized; putting control of my assets at the palms of my hand; taking the unwarranted influence of some regional government powers and their fiscal policies from limiting me. There is hardly any transaction error as a result of the decentralized nature of confirmation of transactions, and it also removes third party error.

Aside this, Cryptocurrency transactions are becoming swifter; handling a whole lot of transactions within seconds, and at a very affordable cost. The decentralized nature also makes it hardly susceptible to cyber attacks.

They are also very transparent and immutable, meaning that the transactions can be viewed by everyone, and be sure of the dealings without giving room to alterations.

Other features of the blockchain that makes it more valuable is the distributed ledger, Hash features, and the tendency of increased innovation, technologically, etc.

[l10no]

Bitcoin prices are very expensive, obviously, why do they hold Bitcoin rather than altcoin, but those who like to trade they obviously prefer altcoin because altcoin prices are very cheap, if they are lucky they quickly benefit

[Vit83]

Real usage of the token and great development team with interesting IDEA can make alt valuable for the long term.

[voteformeg]

Hi guys,

i've been struggling to grasp the concept of what makes an altcoin or cryptocurrency valuable. Well, i understand Bitcoin meteoric rise as it was the first of its kind and there is an intrinsic value in its core technology that (just) might be the next primary mode of digital transactions in the future. However, is there really space for any more of such? Lets just look at the market cap, i could almost firmly say that among the top 10 cryptocurrencies, most of the owners of such coins all have a stake in Bitcoin. This translates of to a finite number of people in this whole cruptocurrency community just cycling their money round and round.

So why do people still believe in other coins and their price? Say an altcoin ICOs for abt  $1/coin, what makes people see the value?

I hope people see the angle i'm curious about. Thanks

i think that we can never be sure about what is giving our portfolio value , it is crypto and everything can happen , one thin is for sure , nothing is sure

[kendra1107]

Generally, cryptocurrency value is determined by adoptability and usability. As cryptos are being adopted and used for exchange or payment, people sees its value and demand would most likely increase while supply decreases and so price rises. 

[Golftech]

Real usage of the token and great development team with interesting IDEA can make alt valuable for the long term.

Also includes the target venue for more usage, if the said project will be usable for any businesses that will cater specifically, then value will increase
as majority of investors and businessmen around that place will be involve and when the developing team succeed and makes things easier adoptions
can be more widely and it will open more doors for new investors.

[Cryptomilz]

A couple of factors determine how valuable an altcoin is, chief of which is the demand and supply of the coin. If the coin is in huge demand they're the market has seen value in it and at such it's value will increase as people will not want to sell except at a premium. Other factors include the activeness of the team with the development of the project and partnerships, and also increased use case for the project

[zabir.brutov]

There are a lot of factors that are making a good ICO. The most important is the working product, the market is overwhelmed with projects that have only a whitepaper. The team should show a great management as well.

[Nowherman]

I used to think that the crypto tokens of ICO projects are something like companies' stocks. Accordingly, their value lies in the value of the company. However, the collapse of this year convinces that the value of crypto coins lies in the greed of investors. Without trading on crypto exchanges, such tokens are worth nothing.

[TheGreatPython]

Hi guys,

i've been struggling to grasp the concept of what makes an altcoin or cryptocurrency valuable. Well, i understand Bitcoin meteoric rise as it was the first of its kind and there is an intrinsic value in its core technology that (just) might be the next primary mode of digital transactions in the future. However, is there really space for any more of such? Lets just look at the market cap, i could almost firmly say that among the top 10 cryptocurrencies, most of the owners of such coins all have a stake in Bitcoin. This translates of to a finite number of people in this whole cruptocurrency community just cycling their money round and round.

So why do people still believe in other coins and their price? Say an altcoin ICOs for abt  $1/coin, what makes people see the value?

I hope people see the angle i'm curious about. Thanks

i think that we can never be sure about what is giving our portfolio value , it is crypto and everything can happen , one thin is for sure , nothing is sure

Why can't we be sure? I guess a lot of people do not even have a clue what being valuable means in the first place. If we are talking about valuable, we are referring to how extremely useful or important something is and if we are putting this into a project, we want to be looking at the product that is available for that project which the coin is serving as the usable one here, and it is this product, its acceptability based on its extreme usefulness and importance that will bring about this value in the first place. One thing a lot of people just think now is just to see the market rising for no reason as a result of speculations and manipulations, which to me is nothing compared to being valuable.

[setupbounds]

in my opinion, what makes a valuable altcoin is how the project is defended if their project grows, of course, traders and investors will glance at the coin so that with the increasing number of people hunting for the coin, making the altcoin more valuable.

I can see a lot of people are trying to factor out their own reasons, but the major reason when it comes to any coin at all is the product and when you are talking about this project, you want to be considering the solution this project brings into the real world, how people will end up perceiving it and using it in the long run as this is the only thing that would bring in huge demand for it, and of course, cause an increase in its value over time which will end up sustainable and not just end up as one other pump and dump material. Value is just what people can make use of and what really helps them in their daily lives.