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Author Topic: What makes you trust a new cryptocurrency?  (Read 983 times)
Domenc
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August 23, 2017, 03:13:49 PM
 #21

I would consider it if there were no pre-mine and also well known developers handling the code. I do not trust centralized

authorities {founders} and centralized decision making. I also like limited supply {low coin cap} ... I hate these pump n dump

coins. {so if it is too good to be true, it most probably is} .... If the concept is good, I would seriously consider it. {unique}

The first thing is that devs should be transparent. There should not be any premine. And whitepaper should be clear and logical. If idea is good in is not on market yet... then my attention to coin raise.
Arkann
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August 23, 2017, 05:59:12 PM
 #22

Although it is difficult to understand the technology of mining and functioning of crypto currency, it is difficult to understand the crypto currency, both by experts in this field, and by leading businessmen and government officials of most countries, including their top officials, and also by a significant part of the community. Demand for the crypto currency is constantly growing, the capitalist is growing
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August 23, 2017, 06:10:56 PM
 #23

Although it is difficult to understand the technology of mining and functioning of crypto currency, it is difficult to understand the crypto currency, both by experts in this field, and by leading businessmen and government officials of most countries, including their top officials, and also by a significant part of the community. Demand for the crypto currency is constantly growing, the capitalist is growing
It's the newest trend to fund projects since in crypto they are able to reach everyone, the more potential investors ,whales or not as long as it can invest. Since many big project got successful through ICO. As long as we see that it has a vision of getting successful, with clear demonstration,whitepaper and roadmap and much betee if already have working product plus truated teams then that crypto can have a great potential in the future.

bamboylee
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August 23, 2017, 06:23:57 PM
 #24

I would look into the developers as well and if the project that they are developing is something new and not just a copy of something that already exist. It should be something that will actually solve something.
bitnew17
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August 23, 2017, 06:32:05 PM
 #25

white paper, see if makes sense.  People involved.
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August 23, 2017, 08:02:06 PM
 #26

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



Selmor
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August 23, 2017, 08:07:15 PM
 #27

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

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August 23, 2017, 08:14:44 PM
 #28

- 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)

SvenBomvolen
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August 23, 2017, 08:15:26 PM
 #29

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.
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August 23, 2017, 08:20:45 PM
 #30

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

Roboabhishek
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August 23, 2017, 08:29:13 PM
 #31

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
cryp24x
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August 23, 2017, 08:35:43 PM
 #32

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.
jc89
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August 24, 2017, 06:29:29 AM
 #33

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.

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rjbtc2017
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August 24, 2017, 06:40:38 AM
 #34

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.
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August 24, 2017, 07:00:05 AM
 #35

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.

Daimon88
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September 11, 2017, 08:35:45 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.
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September 11, 2017, 08:52:13 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.
crismass1225
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September 11, 2017, 10:32:39 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
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September 11, 2017, 11:44:20 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

lighpulsar07
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September 11, 2017, 12:32:25 PM
 #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
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