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Author Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech?  (Read 1444 times)
travwill
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February 24, 2020, 04:06:14 PM
 #161

In modern realities, the main factor will probably be the popularity of the coin due to the fact that most investors are focused exclusively on initial, that is, starting, profit.
If we consider cryptocurrency projects in terms of time, it is clear that in the future, projects whose technological component will be impeccable will be most in demand.
However, it is difficult to say how it is actually better to build your marketing technology company, given that the market is tied exclusively to finances.

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February 24, 2020, 04:13:30 PM
 #162



As the subject goes, what could be the main factor?


Famous developer, Media reputation, MM... or Just technology itself?


So far, it seemed that marketing and market marking were the main factors...


Btw, has anyone experienced BISPEX exchange known as its insurance funding?
Every success of a blockchain project depends on the hard work of the team, if idea is good but team aren't hardworking it will surely fail or not perform well on the long run, secondly the real use case of the project is very important for the demand to grow higher

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February 24, 2020, 04:28:35 PM
 #163

In modern realities, the main factor will probably be the popularity of the coin due to the fact that most investors are focused exclusively on initial, that is, starting, profit.
If we consider cryptocurrency projects in terms of time, it is clear that in the future, projects whose technological component will be impeccable will be most in demand.
However, it is difficult to say how it is actually better to build your marketing technology company, given that the market is tied exclusively to finances.

The technology or popularity of a particular type of cryptocurrency, of course, plays a big role in shaping its price. However, in practice, the state of the cryptocurrency market is crucial. Even with the best technology and functionality, the price of most coins drops immediately if the cryptocurrency market is in decline. Therefore, initially the market significantly affects the price of a new coin or token. In the future, personal characteristics of a particular type of cryptocurrency already matter.
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February 24, 2020, 04:39:02 PM
 #164

Popularity would play a bigger role. The proof to this is ethereum. Ethereum's market price as well as ripple. The price of these altcoins keeps on growing as their popularity are widely being recognized. Same thing with the new altcoins in the market popularity is the main thing that encourages the investors to invest because those coins which are popular are those which has a bigger tendency to be more in demand.


As the subject goes, what could be the main factor?


Famous developer, Media reputation, MM... or Just technology itself?


So far, it seemed that marketing and market marking were the main factors...


Btw, has anyone experienced BISPEX exchange known as its insurance funding?
Every success of a blockchain project depends on the hard work of the team, if idea is good but team aren't hardworking it will surely fail or not perform well on the long run, secondly the real use case of the project is very important for the demand to grow higher
The market condition at this case, is I think,  another factor to consider. There were many popular projects in which teams worked hard in order to reach success. But the negative market behavior dragged the outcome of those prohects down. When the majority of the market suffered from downfall, only a few projects succeed and those success are not even close to the expectations of the majority towards the project, simply showing how the market situation highly influences the outcome of a project.
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February 24, 2020, 05:04:49 PM
 #165

In my opinion The project team plays a big role. A well known team has many advantages. For example, raising funds and listing coins on big exchanges. And people are more attracted to those coins. Many good technologies  coins cannot be listed on good exchanges. There are many coins that do not have any good aspects, yet those coins are listed on the big exchanges. This is what I saw.

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February 24, 2020, 05:09:37 PM
 #166



As the subject goes, what could be the main factor?


Famous developer, Media reputation, MM... or Just technology itself?


So far, it seemed that marketing and market marking were the main factors...


Btw, has anyone experienced BISPEX exchange known as its insurance funding?
Technology is definitely important, but in today's world, advertising will be more important.

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February 24, 2020, 06:09:21 PM
 #167

I think the main factor in the rising price of an altcoin is its popularity and function. if altcoin has a very useful function, then the price will rise, and little by little its popularity will increase. however, without the expected function, popularity will not occur in a project.

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February 24, 2020, 07:42:31 PM
 #168

Greetings ladies and gentlemen. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solutions
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February 24, 2020, 07:43:19 PM
 #169

Greetings ladies and gentlemen. I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solutions

Hey. Talking about me, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views
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February 24, 2020, 07:50:02 PM
 #170

Hey. Talking about me, I agree that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

Well, my strategy is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive IT solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more
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February 24, 2020, 07:51:58 PM
 #171

Well, my strategy is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive IT solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

This definitely sounds interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. As you are into tech and IT in particular, can you give me an example of the solution that meets your requirements nowadays?
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February 24, 2020, 07:52:35 PM
 #172

i think both of them plays an important role, but the technology aspect plays a much bigger role, a project with a ground breaking or an outstanding technology will often gain much serious attention from investors and can have a positive impact on price,
popularity is good, but without a solid technology will not go a long way to sustain its value, better technology the reason why we invest
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February 24, 2020, 08:01:23 PM
 #173

This definitely sounds interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. As you are into tech and IT in particular, can you give me an example of the solution that meets your requirements nowadays?

As for me, one of few really advanced solutions I can recommend is ThreeFold Network, pretty widely discussed one these days. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. Mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price
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February 24, 2020, 08:02:23 PM
 #174

As for me, one of few really advanced solutions I can recommend is ThreeFold Network, pretty widely discussed one these days. In few words, Threefold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. Mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price

This sounds familiar, I might have heard of it already, but will definitely have a closer look
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February 24, 2020, 08:11:55 PM
 #175

This sounds familiar, I might have heard of it already, but will definitely have a closer look

I would say that what also makes sense - they are unique with the features they are bringing. And I couldn't find competitors with similar functionality. But of course, I recommend you to Google guys and have a look at the website to get a bit deeper
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February 24, 2020, 08:12:28 PM
 #176

I would say that what also makes sense - they are unique with the features they are bringing. And I couldn't find competitors with similar functionality. But of course, I recommend you to Google guys and have a look at the website to get a bit deeper

This is a good idea, will do shortly and get back with my thoughts. Thanks
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