Is it really worth it?

[Marteel]

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?

[1713903501]

1713903501

[1713903501]

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[1713903501]

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[1713903501]

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[1713903501]

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[1713903501]

1713903501

[BADBITCH]

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?

I think everyone is worth a chance at success which is why some altcoin have huge total cap while others have a low total cap.
most important factor is their chances of success, how is their growth in the market ?
are they a dump coin ? or a coin worthy of hodl ?

you need to be sure

[VirusTeam]

of course they are not worth it and this is my opinion personally, many companies are just closing down even without letting the participants normally earn money, after which we nahyvaem cheaters, in general there are many and profitable that have a good result and great opportunities - but their units) and just do what would not have been companies and tokens all depend on the state of bitcoin)

[Road445]

Yes, this is what is why most of the countries want to limit the altcoin and ICO, because most of the time they look more like a hype, the ICO project financing amount is too large, there are a lot of bubbles.

[R21]

I think it's depends on their activities, how can they are involving over cryptocurrency market. if they are able to control via some of employees then why they are not able to success over their programs.

[longwintershere]

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?

Yes it's exaggerated very often. Usually people only invest in the idea, 10 or 20m usd at that stage is a lot of money, in the outside world investments in companies at that stage are usually worth hundreds of thousands usd, not more

[Marteel]

I just did not want it to call it "bubble" but it is the word we need. This subject disturbing me for a while. We are offering an ICO millions of dollars. What did they do to worth that much ? Should I gather my team with 10 ppl to be a millionere? With a good marketing and a fair project It should workout for me too. Confused too much.

[sourish]

It is too sweeping a statement to make, collectively for differing icos. Depending on the project, scope and vision, sometimes that makes it worth enough to attract investment strength.

[Marteel]

It is too sweeping a statement to make, collectively for differing icos. Depending on the project, scope and vision, sometimes that makes it worth enough to attract investment strength.

"sometimes that makes it worth enough to attract investment strength." good projects like you mention, are reaching amounts like a hundred million dollars, which does not make sense at all.

[xenomorphe1]

The ICO token is not what the company is worth. If you read their whitepaper, it is like people or donating ETH or Bitcoin for their project. The token can be worth 0 and also don't give any right in the company.
But thoses tokens are traded like it was the valuation of the company. I don't know why, but it is the rich investors who decide what is the worth of the token/coin. But it is not the real value of the company.
The company already got their funds at the ICO.

[Ranly123]

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?

I believe that legit ICO has more members than that. The thought of 5-10 employee is wrong. Maybe the team is 5-10 and considering that ICO is a company, then they would have a hundred employees in their company before they enter the blockchain. So $10m is worth it for them and for their company as well.

[danmoris]

I wouldn't shut off such an ICO immediately. Perhaps within the 10 million they want to raise, they have included a budget for hiring more staff to help them develop and run the project or even outsourcing part of the project. I think a legit ICO, even if it starts with 5-10 employees would update their community as they grow in partners and add more people to their staff.

[bankzab17691]

Hello

[Monkeyseemonkeydo]

I just did not want it to call it "bubble" but it is the word we need. This subject disturbing me for a while. We are offering an ICO millions of dollars. What did they do to worth that much ? Should I gather my team with 10 ppl to be a millionere? With a good marketing and a fair project It should workout for me too. Confused too much.

Mostly that people deserve nothing, not a millions dollars. But people are buying, the herd are running the market and investing their pennys into useless trash

[Red-Apple]

In my opinion, the total marketcap represents the value of the company.

you are WRONG. market capitalization for altcoins doesn't show anything at all. people mistakenly use it to compare coins with each other and rank them but it is WRONG nonetheless.
market capitalization is only used for companies because their shares are meaningful and they can not have unreasonable (fake) number of shares in the market. but an altcoin can have unlimited (fake) number of circulating coins in the market and that easily increases its market cap.

for example a shitcoin worth 1 cent can have a bigger market cap than bitcoin if it has a couple of hundred billion coins in circulation. and it is easy to create that much. there are already 200 coins with that much coins in circulation anyways!

[MisterPipka]

Well, it's about the product, not the number of employees. If one person produces a product that is needed by so many people, then such a product will be costly

[LancelotRay]

Hello folks,

I've a question in my mind regarding altcoins and ICO's. As the market growth, there are tons of altcoins out there and lots of ICO's on the way. In my opinion, the total marketcap represents the value of the company. From this perspective, consider an altcoin with 5 to 10 employee and 10million dollars of marketcap. 5 to 10 employee and look at the amount. Do these companies really worth this much? I've been trading for more then a year but could not figure out this clearly in my mind.

So what is your opinion?

Great ICOs are really unusual, but if you happen to find the right one, then yes I'd they say they are worth it.

[Arcoin1]

Once you start winning in the crypto money market, you will really appreciate it. This market is a very good choice for easy money making. It takes labor to spend a long time. It will be easy where you sit.

[Fenderr]

In the real world investments in companies worth $10 - $20million implies that the company is big. Then again its' not about the number of employees, but the quality of the employees executing the project and then ultimately, the product which is what people are investing on. In the cryptoworld unfortunately, we mostly invest in ideas, which is why a lot people insist on seeing a working product before investing in any ICO.

[iconoclast]

If you went back to the days when Apple was just Steve Jobs and Steve Wosniak working in a garage and they said they thought their business was worth $10 Million and you could buy 10% of the company for $1 Million would you think it is a good deal? When your dealing with a start up business the number of people working on the project should not be that big a consideration. It is the quality of the people leading the project that will ultimately determine whether investing in it is a good idea.