What makes an altcoin valueable?

[rlm42]

Availability of the finished product, or at least a clearly and clearly outlined strategy.
Hype and investors' trust.
Team/developers/advisors and their qualification.

[dimon01]

Perception of value is what ultimately gives it value, what people are willing to put in to get a unit of cryptocurrency, be it time, fait money or labour.

[celakkenyang]

If you want a coin to have value then someone must sell it with a high price in the market crypto. this will make the coin seen by everyone as a potential coin for long-term investment.

[Mark X]

In the economic field, there is something of value if examining the following two factors: scarcity and usefulness. Scarcity simply means something is limited. In the case of bitcoin, cryptocurrency has a set of top 21 million bitcoins.
Many analysts note that this set top makes bitcoin or altcoin more desirable than other assets, even gold. That's because unlike gold, there's nothing to worry about with a digital Gold Rush. A treasure of bitcoin will never be "discovered," causing crypto prices to fall with the supply flow.
Bitcoin or altcoin supporters love it for a number of reasons.
First, bitcoin or altcoin is decentralized, meaning that no government, bank or one person has control over it; Can not be overthrown by corruption. And finally, the code in it is open source, meaning it is available to anyone to view, research, and even modify. This means that bitcoin and altcoin continue to grow and improve.
Assess Cryptocurrency
It's clear that some people believe that bitcoin has value. And if it has value, it's hard not to wonder how many amounts of bitcoin or altcoin can be valuable.
There are two main theories used to calculate the potential value of one bitcoin.
The first theorizes that bitcoin, which some consider it to be a better asset than gold, can replace some of gold or gold entirely.
If replacing gold entirely, one bitcoin could be worth $ 357,000. That is calculated by taking all the gold value ever mined in the world, which is about $ 7.5 trillion, and dividing the total of 21 million bitcoin ever.
Lee told CNBC that it is more realistic to assume bitcoin will replace 5 percent of gold in five years, making a single coin worth $ 25,000.
Lee's other theories are based on Metcalfe's law, which says that the value of a network is proportional to the number of users squared on the network.
By definition, bitcoins are rare. And cryptocurrency may have the advantage as the best way to store and exchange wealth.

[Mypanara19]

In my own personal opinion few reasons that would make an altcoins very valuable is primarily if there is a use for it which will trigger the demand from the people who needs the said altcoin, and if the demand is high and the total supply is not that huge then the scarcity of that altcoin will greatly affect the price as well. So to summarize it all it will be the 'usage', the 'demand' and the 'supply' that will dictates the value of an altcoins.

[Haterstestbtc]

Making altcoins more valueable in the market first is a trusted company making investors have a confident to invest more on project. Has a qualified team that always stay in the project. More demand and has wide marketing strategy that connect the project in demand to the public.

[RedzoneASE]

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?

I think the factor that make altcoins valuable is its products. Most of alts have could their company's which corresponds its product. The usefulness if it's product are the main reason why up until now many people are patronizing alts even many negative feedback are made.

[bat11]

Altcoin is valuable if there are a lot of investors in that particular coin. Also if it shows originality and functionality, it will be very valuable..

[tifani05]

altcoin becomes valuable because it offers good projects, owned projects are different from others and investors believe in altcoins, it makes altcoin very valuable. investors have a big effect on altcoins, maybe not just altcoins but for crypto.

[Cordann]

It seems to me that the value of the project is determined by how actively the society uses it. For example, for the purchase, sale of goods and services, various exchanges or other tasks.

[VasiloviKola]

Idea of the project, this is most valuable thing as if the idea is not good the project will not work, notwithstanding the team and whitepaper.

[hanadaya]

I think it makes a valuable altcoin is a project concept. The more useful in the community, the more interesting it is. This becomes useful if it can solve daily transaction problems. Also the project has prospects and new ones in the project, of course, a very important project team.

[markgayamo]

The altcoins becomes valuable when that ICO project has reach the success of their softcap and hardcap we always wanted that the ICO project we joined will be promising and paying. The main reason to get the best ICO is the team that involves in it and the good community also without this groups of people the ICO project will not be useful and get success in the future. Altcoins is important to all holders and traders they can get more profit than doing only one coins as investments and it is useful in many ways.

[mongkie]

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?

have partnership with great companies that is also in the world of crypto.
listed on top 10 exchanges
hitting what it written on its roadmap.

[e@symode]

The value of a token or coin is determined by the demand for this coin or token. And demand is born after the news is announced that the project really did something very cool and has a good chance of getting up.

[mine2slow]

The public perception of a cryptocurrency has big bearing on the value of the currency.Many cryptocurrencies are not known in the public eye bar a few and the smaller ones typically have a cult following, so their prices are much lower than say Bitcoin, Litecoin and Ether.

[lichnosam]

A key factor in the price of any cryptocurrency is its utility. If you cannot use it for something, be it an investment or for payments, then it would have no or little perceived value.

[winterland]

I think the core factor which makes an altcoin valuable is its popularity. It means the number people accept it as a main transaction payment.

That is not true, popularity is important but how the coin is going to get popular in the first place? If the coin is used just to speculate then it is never going to become popular, the coin needs to solve some problems if it does not and it is just another copy then what it is stopping people from buying the original coin and avoid all the coins which are copies of the original?

[Caladonian]

I think the core factor which makes an altcoin valuable is its popularity. It means the number people accept it as a main transaction payment.

That is not true, popularity is important but how the coin is going to get popular in the first place? If the coin is used just to speculate then it is never going to become popular, the coin needs to solve some problems if it does not and it is just another copy then what it is stopping people from buying the original coin and avoid all the coins which are copies of the original?

Both are needed, popularity to start the spark and attract more investors while project or usage that can be usable in the long run making the value make even more expensive, the more people that used the coin the more hype that it can bring to its value, we need to research and analyze how the project will be usable in the long run and what particular area this particular coin can penetrate and succeed.

[hoavantathan]

There are many similar projects in the market now. If one project wanna be more valueable, they need these factor:
1. Their idea must be special, not like others. They must fix all issues of other projects.
2. Their team and advisors are famous. Sometimes famous people make us believe in projects. Like Jeff Burton, John Mc Afee,...
3. The community is crowded and positive.
4. The condition of the market.