casternetwork
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April 09, 2018, 01:33:55 PM |
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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?
The community and investors will decide the value of an altcoin. If they feel that the altcoin is good and valuable, they will buy and hold them, and the latter will have to buy higher prices so that the value of the altcoin is also increased.
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serkhio
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April 09, 2018, 01:43:08 PM |
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Previously, I would like to say the value but now I understand all the crypto currency value based on the belief ----- depends on how many people has belief on that coin.
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Bahelm
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April 09, 2018, 02:00:57 PM |
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If you are talking about exchange value - then it is hype level, psyhology, the ratio of supply and demand and also market cycles. Also market manipulations, pump and dump games can increase or decrease your altcoin value. But I would prefer if an altcoin contained some "technology" or "usability" value. In this case it will grow by itself
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chenjkai
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April 10, 2018, 10:34:19 AM |
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People make it valuable, people invest, spread out the information about it which helps the coins to develop. It is not only how many people have heard about it, but about government and actions inside are affecting the price as well. (that is my opinion)
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DRCCommunity
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April 10, 2018, 11:49:35 AM |
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In order to be able to rate projects transparently by the community and professionals crypto needs a decentralized solution. We are tackling exactly these kind of questions by rating projects with DRC using Blockchain Technology. DRC Incentives the Community in conjunction with Professionals to assess projects and help create standards in crypto projects. Distributed Regtech Platform (Abbreviated for DRC) is a professional and intelligent risk control and management platform based on blockchain, which sets up an “autonomous, mutually trusted, professional and transparent” distributed network for regulators, innovation projects and professional risk control agencies. We have already created Due Dilligence Reports for Projects like IOTA and Bitshares Check out Website and https://bitcointalk.org/index.php?topic=3205257.0 join our Telegram for more information.
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KTChampions
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April 10, 2018, 12:00:15 PM |
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It seems to me that altcoin becomes valuable when a area appears in which it can be applied. In the simplest case, it's utility altcoins / tokens. If you have a good project, a strong team, you should expect that your altcoin will become valuable.
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ThachSanhTp
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April 10, 2018, 12:42:52 PM |
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What makes a altcoin valuable? - The idea - The technology - DEV team - And marketing
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Stigmuu
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April 10, 2018, 01:56:33 PM |
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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?
in my observation ,people are the one factor to be consider in order the community of your altcoin will be popular..this people.the keep on sharing helping you find a potential investors,.
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coynedterm
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April 11, 2018, 01:23:59 PM |
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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?
This is a big truth that the value of any coin depending upon the numbers of the investors and numbers of another factors also that gives a big boost to the price to get up . For example you can take bitcoin , bitcoin is simply a coin but its demand in the cryptocurrency world because of the only reason of the trust that if the holder will sell his bitcoin then he will get better amount of money . And also technology and investors of bitcoin are in bulk then another coins have potential , so here clearly we can see that demand and supply making the value of bitcoin much . So give a perfect reason and also make a real life relationship with your coin to make it such that it will be use by the people to increase demand .
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luis fantom15
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April 12, 2018, 08:26:12 AM |
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An Altcoin becomes valuable if it has good tech and is usable by the community and also if it's shown promising movement and popularity.
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arthurgrand
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April 12, 2018, 11:22:58 AM |
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It's growth is purely based on the investment it gain along with the objective for which it has got developed. Very few projects has got real time usage, which enriches the circulation of the token. It can be on the trading purpose or through other form making a majority of the total market capital to be in flowing through out making price increase
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atlantik
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April 12, 2018, 11:24:18 AM |
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Altcoin valuable to do in the first place the idea of the project. This should be something interesting and really useful and something that is in demand. Secondly, the implementation of this project into a product. Well, another important marketing activite.
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LogitechMouse
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April 12, 2018, 11:28:08 AM |
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There are many factors that makes the altcoin valuable. First is the team behind it including the advisers. In my experience, the one who has a highly reputable person in their team are those who are reaching their hard cap easily in their crowdsale. I'm not saying that all but most of them. Second is the project itself, if it helps people or if it is working. If their project is good and if it benefits the people then definitely they will invest. Third is the transparency of the team. They must show their true profile and they must not hide something because if they will do it then it will be a bad sign for the investors. Fourth is their roadmap. Fifth is their technology. How many tx per second their coin will do? What will be the use of the coin in their project? In their platform etc. Last for me and one of the most important is their marketing strategy. How they can market their product in the online world. This will help them in achieving their goal in the future.
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ufalo3
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April 15, 2018, 11:35:51 AM |
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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?
Like almost all currencies in the world cryptocurrencies has their values because users are ready to buy coins for that value. Cryptocurrency like any other popular liquid asset is speculative investment.
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lunaelucemauram
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April 15, 2018, 12:11:30 PM |
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The value of altcoins depends on the whales and the community that trades the coin. Right now the actual use of most of them are for trading. If in the future people will use them for the intended use of the developers (e.g for payment for the game developers that uses a blockchain) then its value would potentialy increase as tthe tokens would be distributed to many people who would then trade it.
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SnakeGriffin
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April 15, 2018, 12:20:52 PM |
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Depends.
Usage
Platforms are great because you can build on them. Example Ethereum, Neo
Business usage like Request network
or simple payment like zoin (zoi) or SpeedCash (SCS)
Scarcity
Bitcoin has only 20 million something coins, Speedcash only has 400000 something coins while others have billions
Joke
DogeCoin (DOGE) but some are willing to pay for it
in other cases the coins are more or less mere Venture Capital
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tangbori
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April 15, 2018, 04:40:08 PM |
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I think part of the things that give value to altcoin is the potential and the uniqueness of the coin. The team behind a project speaks volume about any altcoin value. If the team behind a project is very strong and they are proactive then the coin will surely have value.
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IluminumProject
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April 15, 2018, 07:56:58 PM |
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This is by far the best post I've come across. It is amazing how many different views there are on "value" and also what gives an object that perceived "value." The most interesting thing of all is that each individual argument has validity!
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4minds
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April 15, 2018, 08:03:08 PM |
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This is by far the best post I've come across. It is amazing how many different views there are on "value" and also what gives an object that perceived "value." The most interesting thing of all is that each individual argument has validity!
I agree
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Andre#
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April 19, 2018, 03:03:57 AM |
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The value of altcoins depends on the whales and the community that trades the coin. Right now the actual use of most of them are for trading. If in the future people will use them for the intended use of the developers (e.g for payment for the game developers that uses a blockchain) then its value would potentialy increase as tthe tokens would be distributed to many people who would then trade it.
That is right, an altcoin will have high price when its market has demand. More demand, the liquidity of this coin will raise, that is the reason Bitcoin market is always better than altcoin markets because the liquidity of Bitcoin is top 1 in cryptocurrency world. Currently, I just know some altcoins can use for applications, example: Ethereum to buy ICO token, smart contract, Ripple to using for its network, the banking system and some payment services in Japan, etc.
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