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Author Topic: Is it really worth it?  (Read 689 times)
batang_bitcoin
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July 20, 2018, 10:21:09 AM
 #21

Once you start winning in the crypto money market, you will really appreciate it.
Yeah not only that you will appreciate it but that will encourage you to trust and invest more with it because you have saw and witnessed your gain.
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.
This is wrong mindset, don't ever think that it is an "EASY" money making. The crypto market is one of the hardest market that has been existing with various coins to choose so that makes someone mostly the newbies hard to find best coins.

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July 20, 2018, 10:30:53 AM
 #22

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.

that is true about the real world and about real companies. but we are not discussing real companies here. we are discussing altcoins and they can create new coins out of thin air without any kind of rules. and having a higher "worth" or their "market cap" doesn't make them good.

for example one 42 coin is worth $951,581 (nearly $1 million per coin) but that doesn't make it a good coin. it doesn't have any usage, no product, no real value. just price.

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July 20, 2018, 11:48:49 AM
 #23

The cost of the company depends primarily on the product and the idea that the founders of the project want to implement. And sometimes the number of employees does not affect the total cost of the company. Everything is purely individual, so you always need to look at the roadmap of the project, what they have to do after the ICO. If the list is large and long, then they will need a lot of money, if the project is half already developed and he has very little money left for its implementation, and they will not need a lot of investment.
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August 17, 2018, 02:26:28 PM
 #24

I personally think that many companies are too overpriced. and so many companies fail at fundraising. because for some simple projects just spent a huge amount of money. it is unclear where and why.
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August 17, 2018, 02:51:55 PM
 #25


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?
Where do you take these numbers from? Are there any specific examples of coins with such marketcap and that number of employees? And it is also very important, how much was put into promotion and development of a project, because if the capitalization is 10 million and even more was spent on making it happen, it's a complete loss. And besides, it's not like this bunch of people owns the coins, so they probably don't have anything close to 10 million anyway. Surely, though. sometimes it's hard to believe, how much money do some projects cost. I think that the capitalizations are truly unimaginable, I guess people overinvest a lot. But not just in cryptos, since, looking at the marketcaps of top stock companies, I can see that they also have huge caps and 10 million would be nothing.

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August 18, 2018, 05:30:28 PM
 #26

I think it does not represent any particular value, and this company does not stand so personally my opinion
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August 20, 2018, 02:18:01 PM
 #27


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?
Where do you take these numbers from? Are there any specific examples of coins with such marketcap and that number of employees? And it is also very important, how much was put into promotion and development of a project, because if the capitalization is 10 million and even more was spent on making it happen, it's a complete loss. And besides, it's not like this bunch of people owns the coins, so they probably don't have anything close to 10 million anyway. Surely, though. sometimes it's hard to believe, how much money do some projects cost. I think that the capitalizations are truly unimaginable, I guess people overinvest a lot. But not just in cryptos, since, looking at the marketcaps of top stock companies, I can see that they also have huge caps and 10 million would be nothing.

Altcoins and ICO are successful in different fields, they have their own project to develop.

Their prices are due to the demand of the people as they develop their project after ICO.

Number of workers are not a ig issue, ofcorse at first they only need small number of people to work with.
mensahkkofie
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May 08, 2019, 09:55:40 PM
 #28

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.

The crypto market is so unpredictable. You don't need numerous team members to believe in a project. You just need to read about the reputation of the team members. Similarly, you can also check the track record of the team behind a particular project.
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May 08, 2019, 10:58:17 PM
 #29

That's their worth and their market cap shows on how much they are. The people invested to their coin which is their product that reflects to the total worth of their company (coin). But it's not forever that they will be worth like that because if investors will start dumping, expect that they will get lower marketcap.

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Nitori_m
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May 08, 2019, 11:02:10 PM
 #30

Some worth it some clearly do not. I think there should be some kind of legal crypto auditors all crypto company must report to
minersday
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May 08, 2019, 11:10:49 PM
 #31

The marketcap of a particular crypto coin is usually an estimated value of the total number of the coins multiple by the market price of the coin at the particular moment in time. It doesn't actually represent the net worth of the project or the crypto company. They are basically an assumptions and can be either true or not.
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May 08, 2019, 11:23:39 PM
 #32

That's their worth and their market cap shows on how much they are. The people invested to their coin which is their product that reflects to the total worth of their company (coin). But it's not forever that they will be worth like that because if investors will start dumping, expect that they will get lower marketcap.

Yes, such market cap will be maintained if they can sustain their market price as well. If they ended up not maintaining their market performance because nobody is believing on them, no trading happening, then such market cap is useless.
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May 08, 2019, 11:38:25 PM
 #33

I also don't really understand that, but maybe because actually blockchain-based companies don't need a lot of employees, unlike companies that run real, everything can be handled with just a few computers and some people are smart-minded therefore even though this company is big and continues to grow but they don't have many employees
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May 08, 2019, 11:43:03 PM
 #34

I also don't really understand that, but maybe because actually blockchain-based companies don't need a lot of employees, unlike companies that run real, everything can be handled with just a few computers and some people are smart-minded therefore even though this company is big and continues to grow but they don't have many employees


Because you really dont need tons of developers to do the job, hire the right people and they can do lots of the work. Its not the typical company where there are paper and grunt work wherein you need other departments in order to work.

Litzki1990
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May 09, 2019, 12:11:31 AM
 #35

Making an investment is really worth it as the bitcoin now showing the positive sign in crypto market, many of the analyst are also showing their positive thoughts about the bitcoin. Bitcoin is really good for investment in the long term many investors are getting profit.

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May 09, 2019, 06:11:59 AM
 #36


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?
The Crypto market is a free market, meaning that anyone is free to build any kind of project they want in the market, though the problem I have with so many altcoins in existence is that they don't really have anything to offer to the community and that way just creating a coin that will never be relevant even in years to come, though there are some few altcoins with very great potentials and I am sure they are going to make great impact in the future. 
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May 09, 2019, 06:18:57 AM
 #37

Since i am here in cryptocurrency my hard work was really worth it because i earn extra income here by joining in different bounties and sometimes i am gonna making an investment so far so good for me. Hopefully it will continue in the future.
Maestro75
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May 09, 2019, 06:29:54 AM
 #38

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.
It will worry me if an ICO amntaking part in has few employees because that tells me that the fellas are only together to scam me. Another point there is that any ICO without a developed project in mind will.end up not producing any product. It is always ending in a scam. Am very careful about this things.

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May 09, 2019, 07:27:43 AM
 #39

That's their worth and their market cap shows on how much they are. The people invested to their coin which is their product that reflects to the total worth of their company (coin). But it's not forever that they will be worth like that because if investors will start dumping, expect that they will get lower marketcap.

Yes, such market cap will be maintained if they can sustain their market price as well. If they ended up not maintaining their market performance because nobody is believing on them, no trading happening, then such market cap is useless.
No volume means that these coins aren't really worth something. Yes, having a good market cap is good but having no volume that will make these kind of coins worthless as if no one wanted to sell/buy them.

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May 09, 2019, 09:40:12 AM
 #40


There are coins with an interesting product but weak marketing and many of these coins are not traded on top exchanges.
This largely explains their low price and lack of interest from investors.The General state of the market is also of great importance.
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