pereira4
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May 15, 2016, 04:28:26 PM |
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The factors that matter are
1) Dev team: A trusted dev team that has provided a solid code for a long time and has delivered good innovations 2) Network effect: how popular the network is
That's all. And Bitcoin is #1 because it has the best dev team and the best network effect.
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Viyamore
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May 16, 2016, 02:12:14 AM |
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The factors that matter are
1) Dev team: A trusted dev team that has provided a solid code for a long time and has delivered good innovations 2) Network effect: how popular the network is
That's all. And Bitcoin is #1 because it has the best dev team and the best network effect.
Now i know these 2 factors , yes a best roadmap among the others ,then a network effect of a crypto just like what ethereum happened , they will need more support from sponsor who will use a crypto .
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pitham1
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May 16, 2016, 09:47:44 AM |
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The factors that matter are
1) Dev team: A trusted dev team that has provided a solid code for a long time and has delivered good innovations 2) Network effect: how popular the network is
That's all. And Bitcoin is #1 because it has the best dev team and the best network effect.
Bitcoin has the best development team? If it has such a great team, why is everybody still quarreling about the block size?
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romero121
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casinosblockchain.io
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May 16, 2016, 09:49:08 AM |
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In my opinion developer has a major role in a digital currency growth. Another important factor is the small scale coin miners. Only if they involve those coins get circulated, so that more and more people accepts and makes it more stable among the other Digital currencies.
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Pab
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May 16, 2016, 04:18:07 PM |
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From an economic standpoint, which factors make one cryptocurrency worth more than another?
1) current number of coins 2) maximum number of coins 3) rate of growth in the supply of coins 4) how many people/businesses accept it as a form of payment 5) total number of users 6) technical aspects of the protocol 7) number of exchanges that allow conversion to other cryptos or fiat currencies
Discuss.
By my opinion community is the most importent Legitimate devs,and constant improvment Finally be a currency,means buy and sell something with crypto
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amacar2
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CryptoTalk.Org - Get Paid for every Post!
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May 16, 2016, 04:58:11 PM |
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any coin which like to get some market value should have large no. of developers with all of the background including webdevelopment, linux expert, c++ expert etc and also quite energetic. Its better to have ICO to collect some funds to be used in development of blockchain, web wallet and strong marketing. If it get accepted and used my large number of crypto guys that success is for sure.
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NUFCrichard
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May 16, 2016, 05:08:18 PM |
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From an economic standpoint, which factors make one cryptocurrency worth more than another?
1) current number of coins 2) maximum number of coins 3) rate of growth in the supply of coins 4) how many people/businesses accept it as a form of payment 5) total number of users 6) technical aspects of the protocol 7) number of exchanges that allow conversion to other cryptos or fiat currencies
Discuss.
Assuming you mean overall value of all the coins. 1) no, look at Doge 2) no, many are unlimited 3) inflation is important yes, but PoS coins aren'r really effected 4) yes but they are almost all very low 5) yes 6) yes 7) unfortunately yes. I would add that speculation is probably worth much more than almost any of your points. Bitcoin is the only coin that has a real value, and that would be pretty low. The speculative values of all others are what decide the prices, thus why they fluctuate
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yayayo
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May 16, 2016, 05:50:39 PM |
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From an economic standpoint, which factors make one cryptocurrency worth more than another?
1) current number of coins 2) maximum number of coins 3) rate of growth in the supply of coins 4) how many people/businesses accept it as a form of payment 5) total number of users 6) technical aspects of the protocol 7) number of exchanges that allow conversion to other cryptos or fiat currencies
Discuss.
1) most likely not relevant 2) most likely not relevant 3) only relevant in extreme cases (on the negative side: excessive inflation; artificial scarcity alone on the other hand is no guarantee of value, if there is no demand for the coin) 4) very important factor 5) very important factor 6) only relevant in extreme cases (very insecure or very secure (esp. in regard to privacy) or really new innovation) 7) very important factor It mostly boils down to acceptance and usage of a currency, which trigger demand. If there are no users, then the best concept is worth nothing. Bitcoin reaped the benefits of being a first mover. Being the currency with the biggest user base in the first place establishes a network effect, which will continuously draw in more users and development talent. Altcoins mostly compete against each other. In this setting, very good marketing is important to establish a significant user base. ya.ya.yo!
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Hirose UK
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May 17, 2016, 07:21:52 AM |
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From an economic standpoint, which factors make one cryptocurrency worth more than another?
1) current number of coins 2) maximum number of coins 3) rate of growth in the supply of coins 4) how many people/businesses accept it as a form of payment 5) total number of users 6) technical aspects of the protocol 7) number of exchanges that allow conversion to other cryptos or fiat currencies
Discuss.
I think the factors are : 4) how many people/businesses accept it as a form of payment 5) total number of users if there are many business and custumers use bitcoin, it will worth more
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davis196
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May 17, 2016, 10:08:20 AM |
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The most important factor is the demand of that currency.
It creates all the other factors.Liquidity,acceptance etc...
If there is an increase in demand.There will be increase in price.
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Cryddit
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May 17, 2016, 05:13:00 PM |
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1) Knowing that the team behind it are not a pack of scammers. Too many new cryptocurrencies are started by the same people who ripped off the investors in previous cryptocurrencies - and predictably they rip people off again. Anonymous people who cannot be sued or prosecuted are not to be trusted in an environment rife with scammers.
2) The team behind it being competent and having a good mix of skills. A software developer by herself is not enough, unless the cryptocurrency is mostly a technical experiment (ie, not intended to become valuable); you also need someone who promotes its use as a currency (not as just a speculative vehicle) and operates a legitimate marketplace that accepts it as a currency, and someone who manages relations with a community of users probably via a website forum. You might even need some poor sod who has to social-media, although I wouldn't wish that on my worst enemy.
3) It has to do something Bitcoin doesn't or can't do. Otherwise people will just use Bitcoin.
4) If it's structured in such a way that the early miners have a disproportionate advantage (set up for minting more than half the coins that will ever exist in the first year, for example) it's probably unstable and will quickly collapse. This is *ESPECIALLY* true if the development team sets things up so that after the first few months they've got their coins and some exchange accepts them - in that case they can just dump their coins; they have no further reason to stick around.
5) A coin should not be on an exchange unless the exchange would be losing profit by failing to trade in it. An exchange makes it too easy to do a pump&dump. If someone has to pay an exchange to put up a market in their coins, it can only be because their coins are not worth exchanging.
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speaktome
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May 17, 2016, 05:23:54 PM |
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6-5-2-1-3-7-4 in that order.
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Sirius receive address:SQusssg3DRrKrEHW26c2skEDYCG7vrj11z
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mrhelpful
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May 17, 2016, 06:24:14 PM |
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Probably pretty much all in that order.
But the Dev team should be a priority then the overwhemling needed demand for its purpose.
Which would be the "user basis", but if its something forced to be needed like just-dice to gamble that user basis is already set in play.
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bestluck
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May 17, 2016, 07:12:00 PM |
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From an economic standpoint, which factors make one cryptocurrency worth more than another?
1) current number of coins 2) maximum number of coins 3) rate of growth in the supply of coins 4) how many people/businesses accept it as a form of payment 5) total number of users 6) technical aspects of the protocol 7) number of exchanges that allow conversion to other cryptos or fiat currencies
Discuss.
The adoption of people have a more obvious effect on the growth of any coin, especially when after adoption they start to buy more coins and continue their demand. and for crypto currency it is also beneficial that people do not convert them to any other currency but use that coin to buy online/offline stuff etc
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zimmah
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May 17, 2016, 07:44:10 PM |
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the network effect and liquidity are important factors
the more users use it, the stronger the coin is, naturally, and this is one of the most important factors to the success of a coin.
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countryfree
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Your country may be your worst enemy
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May 17, 2016, 09:41:39 PM |
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From an economic standpoint, which factors make one cryptocurrency worth more than another?
1) current number of coins 2) maximum number of coins 3) rate of growth in the supply of coins 4) how many people/businesses accept it as a form of payment 5) total number of users 6) technical aspects of the protocol 7) number of exchanges that allow conversion to other cryptos or fiat currencies
Discuss.
I'm not a nerd. I don't like maths. How about features? How about perspectives? Ethereum may one day surpass BTC because there's a full economic system growing alongside. Numbers are not much interesting, it's what behind that make a cryptocurrency successful or not.
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I used to be a citizen and a taxpayer. Those days are long gone.
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CrimBit
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May 18, 2016, 01:39:30 AM |
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The factors that matter are
1) Dev team: A trusted dev team that has provided a solid code for a long time and has delivered good innovations 2) Network effect: how popular the network is
That's all. And Bitcoin is #1 because it has the best dev team and the best network effect.
in fact the main developer of bitcoin satoshi nakamoto left bitcoin and bitcoin still survive . i think the strongest comunity and technology adoption or market is the first rules.
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jeffthebaker
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May 18, 2016, 01:45:56 AM |
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Honestly, the only major factors that will make/break a coin is real world usage and distribution. Any coin that is distributed fairly and has actual uses will see a solid foundation and an actual marketcap. Of course, there are many coins that lack this but still hold relative value due to community support and speculative appreciation (looking at the memecoins right now). However, the ones that don't have any real use outside of trading rarely take off and sustain value. They either never pick up steam or they are a flavor of the month coin and fall out of favor pretty quickly.
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HeroCat
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May 18, 2016, 07:13:37 AM |
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The main points are as follows: 1) technical aspects of the crypto transfer, protocol etc. 2) total number of users, 3) how many Web sites accept it as a form of payment, 4) number of exchanges that allow conversion.
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davinchi
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May 18, 2016, 07:48:58 PM |
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I'm not a coin dev nor a crypto expert so I don't really know what the factors are. But from what I see, the things that matter are the supply, uptime, integration and adoption.
If there the supply goes over the demand, the value drops dramatically so there should be a perfect balance between them.
Uptime, I see a lot of cryptocoins are dying because the devs aren't doing anything with it, or at least ANN too.
Integration and adoption: A coin's value will go higher if it has real world usage.
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