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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
valnd
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March 26, 2018, 12:02:48 PM
 #421

I trust new coins if they have good project, good team, good road map and already have their test net or main net with larger community then I can trust the coin.
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March 26, 2018, 12:42:41 PM
 #422

Anyone can make a good page in $5000.

The best thing is solid team with a proven track record, good idea. Good supply and good exchanges.


i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
bakulgarem
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March 26, 2018, 12:43:08 PM
 #423

for myself I trust the new Altcoin because now a lot of new and good Altcoin fit their project.

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March 26, 2018, 12:48:41 PM
 #424

It may be really misleading, but still I care a lot about the way developers communicate with their community. It makes me trust the project when it's easy for me to get in touch with a team.

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March 26, 2018, 12:55:30 PM
 #425

A new altcoin must have practical applications, new technology can develop in the future, is widely used. Helping people know about it, can be deployed into the life of scientific sociology, astronomy, a new era of evolution.

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March 26, 2018, 01:04:16 PM
 #426

I think for now few people believe in altcoin but this probably will not make the altcoin fall to zero. when we need to be patient with high levels and it will provide a great advantage for users who can hold for a long time.

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Dasha88fed
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March 26, 2018, 01:25:42 PM
 #427

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
Many people choose coins based on the characteristics of the coin, some subjective reasons. I look at the community that supports the coin, because it is its community and team that gives value to coins. Even a good idea without the support of the team and the community has no future. A good example of the bitcoin community, thanks to which bitcoin is known all over the world, it is afraid of banks and governments of entire countries.
Humpert
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March 26, 2018, 06:26:45 PM
 #428

I basically about their project if find it really interesting and makes an analysis and see if it will go to trend because in order for a company to survive in the business world you need to keep up with the trend then after that I'll do a little background checked regarding the developer of the project to see if their a reasonable and don't have a unblemished record.
QuinlanDeclan
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March 26, 2018, 10:03:15 PM
 #429

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

Team
Idea
execution
Supply

I suggest to see these coins

XLM
PRG
XVG

Study them and see their potential
Shimmiry
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March 26, 2018, 10:12:12 PM
 #430

There are a lot of factors I look for when I invest on a new altcoin. These factors I myself have found out to be good for determining what is a good altcoin to what's not. Therefore helping me fron getting vitimized by scams or facing losses. The factors I have stated were the supply, the vision of the project, how near it is to bitcoin,and how good is their team.

dhrazzen
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March 26, 2018, 10:19:32 PM
 #431

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


The factors why I trust a new altcoin are that: They have a very nice platform of their project and it can be found on their whitepaper. They have a roadmap and updated social media account.  They have a well trained bounty manager containing more than 30 trust. They will update on their payment or contibute a stake after a week or an updated spreadsheet. They have a bigger community which means many bounty hunter trust their project. That are the factors that qualify my standard in choosing and trust a new altcoin.
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March 26, 2018, 10:22:28 PM
 #432

I need community engagement. All active on their social media. Answering questions about the project. Since mass adoption is the only way this will work, it's imperative that we continue to discuss it publicly. What's cyrpto without community support?

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March 27, 2018, 11:39:22 AM
 #433

First things first. I look for concept and the team behind it. If i know someone that has good reputation in crypto world then i would invest on it immediately.
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March 27, 2018, 01:46:23 PM
 #434

I only trust new altcoin which was researched very carefully by me and i read the whitepaper of that project very slowly , check everything in it including the development team or the owner to make sure they're legits.
Gunpaycity
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March 27, 2018, 02:11:58 PM
 #435

new altcoins appear in the market through ico or other projects and they provide interesting information about the coins they spend so we are interested to have them so I think their marketing role is very important to get us interested in buying new coin dams

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March 27, 2018, 07:11:33 PM
 #436

In fact, given the skills of social engineering and speculation, blindly believe in any altcoin is not worth it. We need only deep technical analysis and understanding of project assets.               
shazib083
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March 27, 2018, 07:56:04 PM
 #437

For me the trust comes through the team and the project. If the project has a existing product to beat the market in decentralized way then it should catch the investor eye. Some Altcoins have their own Dapp like Cellblocks and when it comes in market after ICO it makes a price boom regardless of market situation, I believe.
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April 11, 2018, 07:09:16 AM
 #438

Read their white paper and also do a background check about their development team and achievements.
Mr.Pro
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June 04, 2018, 06:17:11 AM
 #439

Read the white paper and also do a background check about their development team and achievements to avoid getting scammed in the future.
Nimblecrown
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June 04, 2018, 06:36:07 AM
 #440

When looking at a new coin, I do a lot of research on the particular coin and all it has to offer me or the real world application. The more information, the better. If the coin has a lot of unrealistic ideas then I am more likely to be hesitant. When a project, such as Bitcoin Origin per say, has a lot of potential upside to it in terms of ambitious ideas but achievable aims such as a multi-fork or a severless Blockchain, then I am much more likely to invest in such a project. There has to be a balance in the amount of strengths and weaknesses. They have a large amount of potential at Bitcoin Origin if it goes well so keep an eye out for that and read up on their whitepaper
Here's their whitepaper to make it easier for you: https://www.bitcoinorigin.io/pdf/BitcoinOrigin-PositionPaper.pdf
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