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Author Topic: What makes a altcoin valuable  (Read 5731 times)
skiorf
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July 24, 2018, 07:26:54 AM
 #841

One of the things that makes a valuable altcoin is its high demand from the community against the altcoin. If the industry of an altcoin is active and creative in delivering new innovations and is also active in developing in various fields, the altcoin will quickly arrive at its targeted objectives. In addition, enthusiasm from the community will also continue to increase, because an active team will open greater opportunities in realizing a coin to be valuable.
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July 24, 2018, 07:35:48 AM
 #842

I think the market needs to be the biggest value of the altcoin. Even if it's technically powerful, if no one is optimistic or invests in it, I think it's still useless.
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July 24, 2018, 04:55:35 PM
 #843

The market today is really crowded with altcoins which some of them will not be needed or will not last long. Many people still prefer bitcoin because it is the most supported cryptocurrency in most of the countries in the world. I think altcoins are instruments which balance the market which people gives many options for investments, imagine the market if Bitcoin and Etherium are the only coins do you think people will earn in a stable market I think no.

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July 24, 2018, 06:30:31 PM
 #844

Well it all depends on how it is being utilized, if a coin becomes so relevant such that investors could rely on it and make use of it, then it gains more stand and increase in value.... The use of the coin by good no of people speaks a lot on which value it will eventually have... Though most people still prefer bitcoin, it has really stood the test of time
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July 24, 2018, 07:02:20 PM
 #845

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?

Social sharing has proved to be undervalued - all projects I've seen that dealt with this idea are not as popular as we wished them to be.
Currently the most prospective direction is enhancing the resources of blockchain (increasing the speed of transactions, reducing the fees, arranging the metadata), so draw your own conclusions.

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July 26, 2018, 06:11:21 AM
 #846

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?

Social sharing has proved to be undervalued - all projects I've seen that dealt with this idea are not as popular as we wished them to be.
Currently the most prospective direction is enhancing the resources of blockchain (increasing the speed of transactions, reducing the fees, arranging the metadata), so draw your own conclusions.

Simple social sharing coins do not reflect better value, which will not get investors' attention. The value of coins often represents the strength of the development of projects behind them.
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July 26, 2018, 06:15:47 AM
 #847

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?

Social sharing has proved to be undervalued - all projects I've seen that dealt with this idea are not as popular as we wished them to be.
Currently the most prospective direction is enhancing the resources of blockchain (increasing the speed of transactions, reducing the fees, arranging the metadata), so draw your own conclusions.

Simple social sharing coins do not reflect better value, which will not get investors' attention. The value of coins often represents the strength of the development of projects behind them.

Enhancing resources of blockchain, honestly is not that effective if you want to grab as much people as you can to use your coin, instead, it's "what is the function of this coin" thing that makes it certain about the value.
for example, storj coin which used to pay the fee for storing files and so on.

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mrkimvanan1
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July 26, 2018, 06:19:56 AM
 #848

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?



You develop altcoin base on social sharing, it must be widely advertised to all people, for people to know and use when that you will grow to be scale with altcoin of you

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July 26, 2018, 06:56:32 AM
 #849

People's investments and their believing make altcoins more valuable I suppose. What is more, it depends on the type of cryptocurrency and its trends of development.
bananaohnana
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July 26, 2018, 06:57:52 AM
 #850

It is more than the 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.
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July 26, 2018, 10:13:34 AM
 #851

I think altcoins serve an important role. Decentralization is one of Bitcoin’s most prominent goals, and altcoins further decentralize the crypto currency community. Moreover, altcoins allow developers to experiment with unique features. That makes altcoin valuable
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July 26, 2018, 10:15:29 AM
 #852

Just so you know,no altcoin is valuable because of its foundation technologies.The only thing that makes a coin more valuable it's the hype coin has created in the market which is again nothing  but money invested in the marketing.You can use all the great technologies you want to make the coin a success but without money for marketing,the ICO will fail terribly.
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July 27, 2018, 05:30:35 AM
 #853

Just so you know,no altcoin is valuable because of its foundation technologies.The only thing that makes a coin more valuable it's the hype coin has created in the market which is again nothing  but money invested in the marketing.You can use all the great technologies you want to make the coin a success but without money for marketing,the ICO will fail terribly.
The items behind the coins are their real value. It takes a long time to wait. Most of the projects are in trouble a few months later.
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July 27, 2018, 05:37:15 AM
 #854

First and foremost, altcoin makes a product or idea valuable, then a team that is responsible for implementation, and then a community that helps develop.
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July 27, 2018, 06:13:08 AM
 #855

In my mind, the most things make an altcoin becomes very valuable is the trust form the investors and also volume. The trust will define the investors' willingness to involve in the coins. Additionally, the volume of the coins bought will also determine the price and rate of the coin itself.

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July 27, 2018, 02:52:04 PM
 #856

which makes Altcoin valuable is what the Altcoin will do for the future so much in use by people.

Ethereum's example was created to be a means of payment for each ICO.
more and more ICO eat more and more Etheruem used.
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July 30, 2018, 10:44:17 AM
 #857

Their volumes are raising and it works like a snowball. People's investing is increasing it so it is possible to improve altcoins' value, but do not forget aboout other factors.

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July 30, 2018, 10:48:23 AM
 #858

I believe only product behind altcoin does really make it valuable. As for other factors,like listing on proper exchanges, team, community, hype - all of them matter, but i keep thinking that only produt is essential part of altcoin value and nothing can replace it.

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July 30, 2018, 11:08:52 AM
 #859

I think there are several factors that make Bitcoin valuable. Despite the virtual concept, the value of Bitcoin can come from the many attempts made to create this virtual money. Behind the coins, their concept and long-term sustainability in markets and prices are the main factors for making valuable coins.
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July 30, 2018, 08:53:32 PM
 #860

IMHO there are different aspects that makes a coin valuable, simple put, it has to have a utility and must have users, so it has to build a community and I see some good projects fail to become successful because they look to fail in spreading the news about them in the right way and thru the right channels. They have a lot of specialists in their team but they poorly advertise or don´t feed information thru the presale period.
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