How to See the Future of Altcoin?

[henryfekok]

Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.

[jlanzago]

There are many factors regarding utility. One of them is privacy. Another could be mining or efficiency. Even consensus. And then you have the platforms and the utility behind them, which could also be used as currency. But you never know which one will stand out.

[henryfekok]

There are many factors regarding utility. One of them is privacy. Another could be mining or efficiency. Even consensus. And then you have the platforms and the utility behind them, which could also be used as currency. But you never know which one will stand out.

What do you mean about privacy? I'm really newbie and don't know about the concept. I only use altcoin, so I only know about wallet and how to send/receive coin.

[BUSTEDCLUB]

for me, i use alt cause the fee is much cheaper and transaction more faster but the main reason is cause the price, you know buy it while its cheap once alt have same price like bitcoin and the bitcoin himself even higher i cant buy anything at that time

[vv181]

in my opinion, a good altcoin is an altcoin who already had a working product, not a prototype and has a real-life use and clear and achievable roadmap and a huge community will define a successful project.

[pikebu]

Actually there are no one in the world can see the future of alternative coins, we just can make analysis fundamental or technical to prediction about it and it is not 100% accurate, in my personal opinions to know the future of alternative coins, i must know the fundamental of aspects are like, the developers of the alternative coins, the innovations, updating in the alternative coins and the community of alternative coins ( the miners, investors and the traders).

[nsasuiteb]

I first look at explanations about token because some projects just create token to raise money, token should be the most important thing for project.

[Lord casanova]

there a many factors which determine the value of an altcoins like faster transactions, lower fees and most importnat potential use of the coin. algorithms are for coins and the difference between coin and token is that coin have its own blockchain and token build on anyother blockchain like bitcoin's blockchain or ethereum's blockcahin.

[n4poleon]

This has to do your own understanding of what a good tech is, it might help when you're educated more so when you have a degree in computer science and experience running a business, or just an experience coder or has been crypto/tech space for quite sometime. Then you might have informed judgement over the project.

[HALLASTERA]

In the future altcoins will be same as investment instruments today. I'm exatly sure that tokens erc-20 will be changes in technical plan.

[tukangkopi]

Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.

if there is a way to see the future of altcoin then everyone who knows how it will be rich!

[fedor3327]

There will be many more ALT coins. Thing is would one call Etherem an ALT coin?

Is NEO an ALT coin.

All the time the are referred to at ALT's Bitcoin will always rule.

[lukmankhan25]

no one knows the future of altcoin, but everyone has their own analysis of altcoin. I think a coin must have a purpose for what the coin is made. not originating.

[udayantha11]

Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.

Dont consider the price only. Price just a factor.

You have to see the concept , white paper, whats the back team qualifications and head experiences, roaf map
Do your own research. Not a rocket science.

Dont go for the price i also done similiar mistakes when i am new

[equator]

Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.

First you have to check that what is the purpose of creating the coin and what are the projects and how much are they promising , let the price be drop in starting but when the projects are on live then you can see how much the coin will flourish up.

[Visin]

There will be many more ALT coins. Thing is would one call Etherem an ALT coin?

Is NEO an ALT coin.

All the time the are referred to at ALT's Bitcoin will always rule.

I am not so sure you know what the term Altcoin means.
Having Altcoins means that you have crypto coins that are not Bitcoin. Ethereum is one of those coins.

[jmigdlc99]

The things you mentioned like algorithm and developer are good measures but they may not be enough to really asses an ICO. You also need to look at the ICO's team, transparency, whitepaper, and real world use. You have to make sure all of those previously mentioned match and check out. But even then, a well planned ICO can have all of those covered. You can even go further and ask for a contact number or physical address.

[Faruque312]

altcoin is dump for bitcoin, you have to see past and present position of altcoin, then you can understand future of altcoin. so you can research which altcoin are better for future.

[just a man]

Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.

If you glance around this forum and research the coin that you want to invest in you will find that there will be information on newer coins that can help fill your collection.

[Bastime]

Today, the only thing that can be determined that an Altcoin has the future is when the value is rising and not dropping.
That's very simple to conclude that an Altcoin will succeed or dying or will be vanish after time because every Altcoin are relying on core dev, support, marketing, investors and supporters and without these groups - an Altcoin has no future at all...