JLCoin (OP)
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November 13, 2017, 01:08:49 PM |
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Is it just timing, marketing or gimmicks as with doge?
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Tankdestroyer
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November 13, 2017, 01:11:46 PM |
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Is it just timing, marketing or gimmicks as with doge?
They have something to do with the pump of a coin but it ain't the main factor all the time. As for others that have pumped recently like BCH, manipulation can be part of their recent rise and it's demand as well. Also, one must include the fact that some that did take off has been undervalued for a long time, and that pump will drive it to the real value that coin must have in the market. Still, those three that you have mentioned OP plays a big role in bullish market.
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cryptohunter
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November 13, 2017, 01:14:21 PM |
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so many possible reasons
but eventually the strongest technically will win just a matter of time for the sheep to realise they are getting fleeced with other lesser more expensive projects.
Marketeers are ruling right now but eventually the shit they are selling will start to stink up the place
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alyssa85
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November 13, 2017, 01:14:31 PM |
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It's marketing and promotion.
There are nearly 700 coins out there now (plus a few dead ones). It's no longer enough to have interesting tech or an interesting concept. Most people won't even hear about it unless you promote it and bring it to their attention.
In addition, you need to build a strong community that actually buys and uses your coins and will stand by you in difficult times. Look at the Ethereum community that kept the faith during various setbacks, or the doge community.
Without a community your coin is just a pump and dump coin, and that's if you manage to market it in the first place.
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Cryptogiji
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November 13, 2017, 01:19:35 PM |
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I think it's the same as any business but the things that I think make the biggest difference is:-
Timing - If the market is booming and people are investing, then more coins are going to be successful.
Marketing - Without marketing, people will not hear about your ICO, and therefore won't invest.
Concept / product - It needs to be a good concept, something that people want to invest in. If the product is poor, who would invest in it?
Originality - If it is groundbreaking, more people will invest.
You also have to dig deeper into the whitepaper, the team and how they are doing overall as well. If the project isn't doing so well, then people are less likely to invest. If they are getting huge amounts of investments, then people are more likely to also invest as they see it as less as a risk (safety in numbers)
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APICEMTECH
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November 13, 2017, 01:36:50 PM |
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In most cases any alts with active developers and a close knit community around it, if it has strong fundamentals it has to pump one day for sure. Then there are pump and dump shit coins, which you should stay away from.
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ICOtoINVEST
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November 13, 2017, 01:52:01 PM |
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Im sure the reasons are many, but usually the strongest prevail in the end. It depends if the market is doing well as in, investors are buying or selling. An other important factor would be Marketing. It's important because if the community doesnt know about your ICO then it won't be invested in. Everyone has a new idea but not all new ideas work because the project isn't solid, the concept is not good, so good ICO's are needed! And finally the team behind the ICO is what keeps the wheel turning. All these are factors needed for altcoins or ICO's to be succesful.
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Cherylstar86
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November 13, 2017, 01:52:16 PM |
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It's marketing and promotion.
There are nearly 700 coins out there now (plus a few dead ones). It's no longer enough to have interesting tech or an interesting concept. Most people won't even hear about it unless you promote it and bring it to their attention.
In addition, you need to build a strong community that actually buys and uses your coins and will stand by you in difficult times. Look at the Ethereum community that kept the faith during various setbacks, or the doge community.
Without a community your coin is just a pump and dump coin, and that's if you manage to market it in the first place.
I agree, the coin should have risen of its demand in the community and it's good that people will eventually recognizes it in the trading sites so that more will buy this coin for their personal investment purpose. Those coins that's been taking off and became dead ones were those that has not been active on trading volumes of mainly became a shitcoins. So the declaration from trading site can will be a dead coin because no more investors will use the coins so far.
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madgtr
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November 13, 2017, 01:53:58 PM |
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Is it just timing, marketing or gimmicks as with doge?
Only the best ICO's survive. ICO need a good concept, something that will work. A solid team is needed also. The team will do good marketing also for it to be known.
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Ayers
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November 13, 2017, 01:56:33 PM |
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Is it just timing, marketing or gimmicks as with doge?
i think it's completely random, basically whales decide to pump some coin, and other investors just follow the pump and make it more bigger, you see that some unknown coin are pumped without reason, but other are pumped because they added good features like chaincoin, with mastenrodes
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adriaymati58
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November 13, 2017, 02:48:07 PM |
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In my opinion, marketing and exposure are the most important if you have a good product too. It is very important that everybody knows about the project, and more importantly that they want to invest in it.
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Ucy
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November 13, 2017, 03:39:36 PM |
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High demand for the coins, I guess.. . which may be Real demand or pumped by traders or coin owners. Fundamentals such as News about important development of some Cryptocurrencies do help push their prices up or down.
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otunayode
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November 13, 2017, 03:43:15 PM |
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It has to do with everything you have mentioned and more. Hype and good news can be a good catalyst for astronomical rise of any altcoin including any token. But fundamentally speaking, development is what will sustain value regardless of any other factor contributing to rise in price of any altcoin or token.
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rezurect
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November 13, 2017, 03:46:24 PM |
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It has to do with everything you have mentioned and more. Hype and good news can be a good catalyst for astronomical rise of any altcoin including any token. But fundamentally speaking, development is what will sustain value regardless of any other factor contributing to rise in price of any altcoin or token.
Indeed, and don't forget about coins that are never meant to take off, they are only meant for filling the dev's pockets.
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Zicadis
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November 13, 2017, 03:46:42 PM |
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Is it just timing, marketing or gimmicks as with doge?
if the project does not do well with marketing expect to have a small community which isn't good for the project if we want to see it take off well and i think projects that are similar to existing ones tend not to do well as investors are looking for raw ideas to support...i guess timing does matter too in this scenario.
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bear100
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November 13, 2017, 03:48:32 PM |
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I agree that marketing is important for exposure of the new coin. But if there is no fresh idea or technical update behind.... In that case, marketing costs will be a wasting of money. Make a good coin, make a good marketing. Don't reverse.
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C10H15N
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November 13, 2017, 03:49:33 PM |
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Is it just timing, marketing or gimmicks as with doge?
The gimmick helped get Doge noticed and off the ground, now it's about the stability. It's essentially Litecoin lite.
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Kolokoy
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November 13, 2017, 03:53:59 PM |
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It's all depends on the team (devs, support and marketing), Altcoin are not actually didn't take off because some of them as actually valued and increasing. That's why most Altcoin are based on specific marketing role, like for example for gaming and gambling. They're going to give customers option that they're going to accept any of the specific tokens or coins then it's time to convert your cash into that coin because it's wiser to pay them through altcoin than fiat that needs more time to process.
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Awnar
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November 13, 2017, 03:57:15 PM |
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It has to do with everything you have mentioned and more. Hype and good news can be a good catalyst for astronomical rise of any altcoin including any token. But fundamentally speaking, development is what will sustain value regardless of any other factor contributing to rise in price of any altcoin or token.
Their are also other devs who really want to keep up their coins but sometimes even the most dedicated ones can get tired ones their is really no suppoerters on their project. Others may also move out once they earned certain profits but it is really the high budgeted coins from my observations that are staying for so long. Even if the price is really low but they are still in the market.
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Kolokoy
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November 13, 2017, 04:00:18 PM |
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Is it just timing, marketing or gimmicks as with doge?
The gimmick helped get Doge noticed and off the ground, now it's about the stability. It's essentially Litecoin lite. Some Altcoin are going to hit the market and can be used just like Bitcoin, Bitcoin Cash, Ethereum etc. that there's non difference from the top Altcoin today but there are some Altcoin that is used as tokens for specific services and markets. There are a lot of ICO's today that serves as tokens to their roles like gaming, gambling, real estate, medical and exchange. each token has it's value and role to the small to large sized company or organizations.
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