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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
jack1111
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November 10, 2017, 08:24:33 PM
 #181

Most shit alt coins have anonymous developers (who are mostly 16/18 years old kids) who hides their identity. They make coins which are completely identical to the current successful coins with no contributions at all.
If the new alt coin has active developers who are not afraid to reveal themselves, and has a active community, I would say those coins are trust-able.
This is not a critical factor. As there is no regulation, some developers do not find difficulty in revealing their identities, because they hedge themselves, you can read terms and conditions of some ICOs.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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BlueStackz
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November 11, 2017, 12:31:53 PM
 #182

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
yes i search if the developer is good to handle their coins and they continue to expand their coins like xrb and eth.Try to search this two coins they continue to grow like bitcoin i think in no time this two will be good as bitcoin.You can read the community of the xrb coins and they have goid developer
In my opinion, there is no point of trusting some new coin. You actually need to wait for some good period of time before investing into some newly introduced coin. It is because of the reason that you never know how that newly introduced coin will behave in the future.

So till the time you are not sure about this thing that investing in that coin will help you earn some good amount of profit, do not invest in it.

ausbit
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November 12, 2017, 07:41:19 AM
 #183

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
yes i search if the developer is good to handle their coins and they continue to expand their coins like xrb and eth.Try to search this two coins they continue to grow like bitcoin i think in no time this two will be good as bitcoin.You can read the community of the xrb coins and they have goid developer
When I have the most profitable coin in front of me I will never go for any new emerging coin hat is unknown to the people and its acceptance is also zero yeah I am talking about bitcoin, bitcoin has everything that is required by any investor so invest into it and after some time you will start getting huge profit as well as eases and that eases will make you addict of this coin and that will work for you in future,
kanmo
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November 12, 2017, 08:07:08 AM
 #184

I can only trust an altcoin with working product and a solid dev behind it.

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Juliedarwin
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November 12, 2017, 12:43:14 PM
 #185

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
When i trust a new altcoin, i will try to understand its details, strengths and weaknesses, then invest the correct amount of money into it and wait until the price to the point where I accept and sell it.

Better to trust the new altcoin, but try to understand the whole details and learn more about how the procedure they have. Before you are going to invest.
jonathan163
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November 12, 2017, 01:10:59 PM
 #186

I can only trust of a new altcoin its depend on back graound of the team, great advisor, and what the purpose that creat that coin.
rasyiqul1505
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November 12, 2017, 01:27:22 PM
 #187

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I am looking for new coins because their coins are in great demand. if a little like the new coin out then I also do not like it. I was afraid of being screwed by the coin.
Xising
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November 12, 2017, 01:36:11 PM
 #188

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

There factors that I consider before I trust a new altcoin. One of that is of course the company and their success rate. The second one is the market, I observe if a lot of people trust it as well.
Macai
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November 12, 2017, 01:55:27 PM
 #189

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I trust new altcoins by seeing it's potential to grow. And of course it should have a roadmap wherein you can see that this altcoin is for long-term investment. You must also know the purpose of this coin.
Sweet_Angel
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November 12, 2017, 01:59:51 PM
 #190

I think what can make us believe in the new coin is to investigate the description of the coin first, what about the number of the contract, its symbol and decimals. If this is complete then you can be sure the coins are official and registered.

And one more how the prospect of the coin is in the future.
Kr-sama
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November 12, 2017, 03:28:49 PM
 #191

I think what can make us believe in the new coin is to investigate the description of the coin first, what about the number of the contract, its symbol and decimals. If this is complete then you can be sure the coins are official and registered.

And one more how the prospect of the coin is in the future.
Even if it is registered, you shouldn't just trust it or go investing on it. You don't even need to investigate the symbol and decimals. What you need to investigate is their project, the team behind it and their roadmap. What you are suggesting is nonsense. If you trust a coin based only on what you've said, I wouldn't be surprised if you got scammed.
wdnj
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November 14, 2017, 12:30:43 PM
 #192

sure or not with the new altcoin, I think to be sure with which we choose is by way of entry in it .. successful or not, at least I've tried it. experience makes me learn a lot
When there is a coin that is giving more than enough so why we need to trust a new coin to relay on simply use bitcoin because this coin has a lot to give and many people who invested into altcoin before now they are ting out their money because bitcoin has affected altcoin market and they are continuously at dump so invest and trade into bitcoin that will totally change your financial condition and living style.
KEPLER99
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November 15, 2017, 08:36:10 AM
 #193

First of all depend on their ideal on the project, if it was good so why not give them a chance for them and for us ? the secondly is the team that develops the project. If they're good team i think you should give them a shot too.
Certainly it is very hard to trust a new coin in the market. It needs a careful investigations to cover all aspects of the coin and to know the people and their designed behind the project. You should wait for short period to monitor its credibility in market.

It should be monitored closely that from how much capital it is started.moreover other experts should be consulted before deciding your investment. It will be suggested to invest in bitcoin to achieve desired profit.
macchiato
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November 15, 2017, 09:28:22 AM
 #194

I don't just trust new altcoins immediately. I find it more convenient if I hear a lot of good feedbacks from other people who already risked using it. A good altcoin will definitely be the content of a lot of threads in here. I read a lot to know.

Teraboy
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November 15, 2017, 09:43:04 AM
 #195

I can only trust an altcoin with working product and a solid dev behind it.
Indeed, that's why most of people are investing in the altcoin coin project which already released the alpha. That gives the more trust to the project to develop the product in the future.
Some project don't released their alpha don't get a lot of interest from the investors. Because the product is the important thing to make the project worth to invest.
kizumin
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November 15, 2017, 10:09:21 AM
 #196

The teams transparent, every piece of information available to public.

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hari9981
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November 15, 2017, 12:29:09 PM
 #197

I believe some altcoins are great for investment because they are fluctuating like bitcoins. like BCH .. maybe first BCH is very cheap and finally BCH today is very expensive. and I'm very happy because I still have BCH. so I believe the altcoin price will keep going up even though it is just slow
Julunguul
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November 15, 2017, 12:38:51 PM
 #198

Transparency and the backgrouns of the team or dev
Look at "did they active of the campaign of their coins" ?

If not, you need to be aware
RealPhotoshoper
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November 15, 2017, 12:59:21 PM
 #199

I don't just trust new altcoins immediately. I find it more convenient if I hear a lot of good feedbacks from other people who already risked using it. A good altcoin will definitely be the content of a lot of threads in here. I read a lot to know.
Yeaa not much we can do to verify things technically , just do your own research by reading isn't a bad way.
Rather than make a baseless speculation picking altcoins randomly etc. Know the core developer , are they have a lot of supports since the announcement and what the mission behind altcoin invention could be a little example to take it as a serious consideration.
dameh2100
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November 15, 2017, 01:10:20 PM
 #200

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I trust a coin if it has active developers, with quick response to members. And then I also read their platform of why they made new coins. I also look at the Announcement thread when their product is popular.

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