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Author Topic: What makes a altcoin valuable  (Read 5731 times)
mikkev01
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July 14, 2018, 12:37:16 PM
 #801

It depends on the community but in my opinion they become valuable when people starts patronizing the coin and the faith of the community that the price appreciation will gradulally rise overtime. It also affects the demand and supply of the coin.
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tayecrypto
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July 14, 2018, 12:51:10 PM
 #802

You just need to find the technology beforehand, and fix it. Maybe if your technology is easier and cheaper, I think you will succeed...
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July 14, 2018, 01:31:29 PM
 #803

I can't be of any use to you. But I think there are too many altcoins on the market today. Are you sure we need another one?

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July 14, 2018, 06:17:47 PM
 #804

In my consideration, altcoins are made  valuable by  the  advanced technology, developing  team behind the project, then the  acceptance of the community who will  use it.
dimon01
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July 14, 2018, 06:30:28 PM
 #805

If the currency is not accepted and used by people in the community, then it won't have any value. So, the most important component of altcoin's value is the community.
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July 14, 2018, 06:30:50 PM
 #806

To me any coin that really need to gain much in market sharing should know why it's coming to market, what problem is it going to solve for it user to adopt it, how can it be able to tackle any bugs that arise in future and should be able to solve them with no time and always stick to their promise. By not leaving the project to the community alone but make sure the mission and their vision is accomplished .
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July 14, 2018, 06:33:51 PM
 #807

A normal team of developers and a promising concept will be able to support your token.
Xxxurrrad
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July 14, 2018, 06:34:06 PM
 #808

I think first of all, altcoin should be used for something, it should be necessary for solving some problems and then it will be appreciated.

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July 14, 2018, 06:41:07 PM
 #809

Mostly the project behind and the team that is developing the use cases. Sometimes they are too linked to Bitcoin in price, but that can change if the business succeeds.

vovanlau1
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July 15, 2018, 02:35:22 PM
 #810

What makes the cryptocurrencies or altcoins valuable is that people are tend to go crazy and keeping altcoins as they want it. I think it is most likely the person you love or some things given by your loved ones or friend or something that you can call it a treasure. Being highly accepted by the people in the community is also what makes altcoins valuable. We can see that we can benefit from it mainly financial.
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July 15, 2018, 03:16:50 PM
 #811

In technology, when you create an application and have many users it is successful, and in my opinion, Altcoin is similar, how do you create them for what purpose? develop what? ... etc, if it brings value to society then you succeed.
GolruShu
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July 16, 2018, 06:44:13 AM
 #812

To make sure you know,no altcoin is important in view of its establishment technologies.The just thing that makes a coin more profitable it's the publicity coin has made in the market which is again only cash put resources into the marketing.You can utilize all the considerable innovations you need to make the coin a win yet without cash for marketing,the ICO will flop appallingly.
swati123
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July 17, 2018, 05:50:15 AM
 #813

I think its demand in the market that makes any altcoin valuable. If it is well advertised and coin is capable to fulfill the financial requirement and people are convinced and ready to accept the coin, it will be valuable.

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July 17, 2018, 06:37:25 AM
 #814

I'm developing an altcoin that is based on social sharing. What foundational technologies are going to make it the most valuable? What makes an altcoin valuable? I'm wondering if it is just how much people hear about it? Thoughts?

More than technology or usability, its speculation or we can say community awareness which determines price. I have seen many ICOs not even launched their product or service but still coin price went 10x the ICO price just on the basis of investors' speculation. For instance, check POWR.

Let me give you example, Apple shares decreased horribly the day Tim Cook announced 20% fall in Apple China's sale!

Same theorem works in crypto world too. Coin is wholly owned to open market and its price fluctuates hugely by buzz and FUDs!
to make Altcoin so valuable it is necessary to increase coinage to make Altcoin's price and value so high. so it's nice to support Altcoin right now and make it worthwhile. because usually with a coin that has a value and a fairly high price can be said a valuable coin.
btcvinci
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July 17, 2018, 06:42:16 AM
 #815

Numerous factors make altcoins great. It matters what new technology they are bringing and what pain point are they solving. Case in example:- ethereum's smart contracts. So, in order for an altcoin to be valuable to the people buying it, it needs to have cutting-edge technology that somehow improves the way people transact. Also, the market's trust in an altcoin makes it valuable. More the trust, more the people invest, hence the altcoin's market share increases. And vice-versa.
donadoni212
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July 17, 2018, 06:48:51 AM
 #816

Can you explain your social project in detail? because there are some successful projects like steem and they are very valuable in the market.
as the project progresses to a predetermined roadmap and projects you have a large community will result in your coins being valuable.

listovik
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July 17, 2018, 06:50:51 AM
 #817

Investments, people do everything .Spread information, write, speak . A good team, will always be in profit .
marksayson
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July 17, 2018, 06:51:46 AM
 #818

Altcoin can be valuable in many reasons, when this altcoin have a good functionality and is very useful, surely this coin will be valuable especially for a long term. Also when the coin or altcoin meet its schedule in the roadmap, it will give an attraction more to the investors, causing the coin to be more valuable.

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nickolaileskov
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July 17, 2018, 06:55:48 AM
 #819

Investments, people do everything .Spread information, write, speak . A good team, will always be in profit .
I agree, cryptocurrency is valuable make it popular. The more people use a token, the more valuable it becomes. So spread the good news about the magic token.
BenjaminFranklingwould
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July 18, 2018, 01:24:35 AM
 #820

Altcoin price is mainly formed with their technical properties and quantity of the coins that will be traded on the market, their emisson limit. Technical properties can cause big hype, like EOS did or like Tezos did in last year when they collected 200+ millions and it was biggest ICO at that time.

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