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Author Topic: How Do You Rate the Potential of Cyptocurrency?  (Read 689 times)
wantjokull
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June 06, 2018, 01:43:15 AM
 #21

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

I think I look after it in the way it has been evolved. The innovative idea of blockchain programming, then formation of smart platforms over it with currency like bitcoin and then giving revolutionary chance for the different small and big companies to evolve more on it.

I think I rate it excellent according to all these characters and evolutions it got itself in very short period of time. It feels good to see how human resources are making the alarming changes in the information technology (well technically).

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June 25, 2018, 10:11:57 PM
 #22

There is no specific advice, I believe. This is a lottery. It happens that a lot of participants and a lot of money collects the ICO, but the profit gives a negative. Conversely, those who collected some money can give x10 per week.
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June 25, 2018, 10:28:05 PM
 #23

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

Cryptocurrency is the best thing that had happened to humanity, recently there is serious adoption of cryptocurrency globally. Cryptocurrency has great and amazing potential for investors and online users in the payment service space through the blockchain technology.

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June 25, 2018, 10:32:12 PM
 #24

Cryptocurrency is a promising technology, but I am not sure that it has a future in everyday life, because at the moment the course is unstable and this technology is inconvenient for people in everyday life
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June 25, 2018, 10:33:34 PM
 #25

The potential of crypto is evaluated primarily by the transaction demand as well as the transaction volume of the crypto. Most of the potential crypto have very high daily trading volumes listed on large exchange floors such as Binance, OKEx, Coinbene, Houbi, Bitfinex. It is my experience in identifying potential crypto.

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antolinicio1
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June 25, 2018, 10:38:12 PM
 #26

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?
If to consider cryptocurrency as the tool for investments and for stable earnings, then it isn't so simple to make it. Situauiya in this market is extremely not stable. Just 7-8 months ago the market it submitted new heights, almost in the very bottom now. This market is unpredictable. You don't know what can happen to him tomorrow.

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June 25, 2018, 10:42:31 PM
 #27

You can go to the project community to ask the people involved in the project, if most of them appreciate the project, it is ok and vice versa, or you can check it as a road map. ... everything is possible, especially the staff team.
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June 25, 2018, 10:49:22 PM
 #28

Nice question. Alot of factors are meant to be considered when determining the potential of a particular cryptocurrency.
1. The idea behind the project i.e what is the use of the project and what is it trying to do.
2. The team and reputation behind the project i.e their past record, experience and achievement in some niches that can eventually lead to the success of the project at hand.
3. The community bebind it: if a project is solid, it is certain alot of crypto enthusiasts will surely wanna be part and relate with it, so this is very important.
There are some other points like the advisors , legal backing e.t.c that also determines the potential of a cryptocurrency and you can gather all this info from the project's website and whitepaper.
I hope this answer of mine will be helpful
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June 26, 2018, 01:22:37 AM
 #29

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

In good periods, many coins are interesting and growing rapidly. But in a difficult period, even the coin with the greatest market capitalization can not maintain momentum. So maybe choosing time is just as important as choosing the coin itself.
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June 26, 2018, 01:31:41 AM
 #30

I think in my country there are 4 percent of people who are using crypto to earn by investing on it,and as we grow old many people of it was increase and increase to use crypto as they everyday life.

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June 26, 2018, 01:39:23 AM
 #31

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

Some people believe that projects with their own platform will get great support in the future. But of course it is not an absolute parameter. There are many other factors that have the same great influence, especially on a more efficient roadmap in the future. Because something that is easier and cheaper will be very interesting for everyone.
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June 26, 2018, 01:43:36 AM
 #32

There is a law call Melcafe law about the network, basically the more people in the network, the more value that network.
In the case of Cryptos, I believe there are more and more people joining everyday (because of promised big money return mostly), which makes the network of cryptos bigger and bigger, thus the value.
In short, my opinion is cryptos will have its bright future.

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June 26, 2018, 01:44:41 AM
 #33

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

It will be very difficult, because even older people still have the same difficulty. But at least if it can distinguish a project that is pumped with a project that is really supported by most communities, it will be a key factor to get success in this field.
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June 26, 2018, 01:53:33 AM
 #34

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

It seems that for now, the value of crypto still depends on the consensus. But of course this can be formed from something unique.
So maybe you can go on a unique and ambitious project, because it looks like we will have the same interest in something unique.
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June 26, 2018, 03:03:23 AM
 #35

I think that cryptocurrencies have great potential, but in order for the market to really grow and people began to use cryptocurrencies, it is necessary that countries recognize cryptocurrencies.

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June 26, 2018, 09:00:54 AM
 #36

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

Some people believe, that crypto with live products, will survive longer. But I think for now a team and a big name will still be a key factor in the success of a crypto. You can imagine if Apple or Google creates crypto, I think it will only take a few hours to sell all of their tokens.
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June 26, 2018, 09:05:22 AM
 #37

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

It looks like the feature will be a bit interesting, especially if it's first applied to an Altcoin.
At least it will last until there is a new feature that is more interesting, because it is so, crypto is very dynamic, because the trend will change with time.
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June 26, 2018, 02:05:15 PM
 #38

I do it by thorough checking of different reviews from different websites. Whitepaper, roadmap, their teams, plans and also its platform. Just what I did before investing in chozun 途赞
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June 26, 2018, 02:06:56 PM
 #39

The potential is very large and I think that everything that is happening on the market today is a direct indicator of how skilfully people are able to lower prices for bitcoins, so now buying bitcoin for large, and then people will sell this bitcoin for $ 50,000, it's so simple.
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June 26, 2018, 02:22:38 PM
 #40

I am new to this industry but am really interested to know more about it.
How do rate the potential of a cyptocurrency? By number of people using it or the features or... ?

Im gonna rate this cryptocurrencies 10 out of 10 because this thing will be around until the end of the world. The potential of cryptocurrency is highly appreciated and accepted by those who were so brilliant and wise in thinking of being not involved in any conspiracy and string of those who were manipulating the fiat in this world.
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