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Author Topic: Why certain coins are worth more per dollar?  (Read 251 times)
Ben Shedly
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September 12, 2019, 07:57:09 PM
 #21

Hey everyone I’m pretty new to the crypto currency stocks. Just a few quick questions I’d like to ask:

Is the reason that bitcoins price is around 15k per coin because the demand is so high but there is only 18 million coins availiable. Is this why there are other coins which are very high in demand but is only worth 1 dollar or less because they have billions of coins so even though there is high demand there is just an abundance of coins which means price is less? If that case is correct is there any other coins which will have potential to be worth many thousands of dollars because of high demand and low supply or was bitcoin the only real worth investment for holding because it will be the only one which multiplied from start to finish around 29000x?

Do not pay attention to how much one coin costs, it does not matter. Some developers like to work with integers, some with fractional ones.
In this matter, it is important how the price of a coin behaves, if it increases from time to time, it means it brings profit to its holders. The size of the increase in the price of a coin from the purchase price is what matters to the investor.

Periodik
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September 13, 2019, 02:47:45 AM
 #22

Unlike Bitcoin, altcoins have a starting value. The total supply of Bitcoin has an effect to its price. There is already scarcity as of now and such will rise as soon as more and more people will be acquiring BTC. This may not be the case of altcoins. Since they have a starting price, their supply does not anymore matter. What matters to them is their progress. Even if the supply is only a million if there is no progress in terms of product, utilization, partnership, and promotion, it will still remain cheap and might even get to zero. Why? Because there is no demand.
Shepard777
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September 23, 2019, 03:20:07 PM
 #23

I believe that no coin can cost more than bitcoin, only as btc grows, certain coins can take its current price. But then it will have to cost a lot.

jazmuzika217
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September 23, 2019, 03:59:36 PM
 #24

Honestly, I can say that bitcoin is only coin that worth to invest for a short or long time that will be have a good dollar value. We need to accept the fact that bitcoin already and continue to dominate the crypto world because people are always choose to invest and use the most trusted and tested coin which is bitcoin.
coincap200
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September 23, 2019, 09:20:44 PM
 #25

if the coin became popular the price will increase, not only in cryptocurrency market but in all markets, as i think.
bright4mech
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September 23, 2019, 10:41:31 PM
 #26

Every coin are created with a difference potential, come to look at bitcoin current prize at $10000 plus and you can not compare bitcoin with other alt-coin, because bitcoin prize was $5 ten yes ago and above, and it was created with a prospect which many companies, private sectors and individual are using every day by day. 
FaucetKING
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September 30, 2019, 11:00:38 PM
 #27

The price of a coin/token is mainly reflecting so many specifications such as:
- the total supply of the coin.
- the circulating/the maximum amount of coins.
- the amount of investors.
- the exchangers being listed in.
- the team members of the project itself.
- the product delivered by the project developers.
- the open support to the community/ the activity in social media.
These are just some examples of the factors that could make a coin fly. Read them well.
Ailmand
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September 30, 2019, 11:04:04 PM
 #28

The prices are derived from the market and it follows the principle of demand smand supply. The market dictates the price of the coin. However, there are a lot of factors affecting the demand of crypto that is why it is very volatile.

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