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Author Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech?  (Read 1444 times)
aosis (OP)
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January 24, 2020, 09:20:53 AM
Last edit: January 28, 2020, 01:37:39 AM by aosis
 #1



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?
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January 24, 2020, 09:51:23 AM
 #2

Popularity always follows tech and not the other way around, at least if you prefer an organic growth of an altcoin.

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January 24, 2020, 09:52:15 AM
 #3




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...
That should be the tech and after that, the popularity will support the tech to get more adoption. Basically, there is no main factor because they are all important and they have been correlating from one to each other.
If the developer has a good tech and platform and it can bring the popularity caused by people will know if the developer is really competence to develop a platform and then after the platform gained the popularity and then it will be starting to get mass adoption as when you have a user that says your platform is good or really good and then he will tell others about that and that's how the popularity bring mass adoption.

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January 24, 2020, 10:13:42 AM
Last edit: January 24, 2020, 10:26:12 AM by aioc
 #4




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...

Technology for me is a huge factor, they can do all the marketing they want but it will just die down because it offers nothing for the community to use, that was the case of some Ponzi scheme here, they are hype by marketing but in the end they up nothing because they cannot show anything to investors for long term.

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January 24, 2020, 10:20:39 AM
 #5

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...
Not the actual usage of the technology but rather the hype that comes with it. Most of the time it's the announcement of the new tech that drives the price up instead of the actual effect of the new tech.

This isn't healthy of course and I still see most of alts are just a tool for speculators to gamble. Maybe not that bad though because I think the same thing does happen in stock market too. I think it's just how humans work.
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January 24, 2020, 10:22:05 AM
 #6

It seems like these two factors are important for every Altcoin to determine their quality in the crypto market. altcoin which has any sophisticated technology would not be meaningless without the popularity in the eyes of the public, and vice versa, the high popularity of altcoin will not last long, because it requires technology that is the reason for the popularity itself. an example is Ethereum, it has smart contract technology. this technology made Ethereum gain popularity in the eyes of the public.
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January 24, 2020, 10:28:45 AM
 #7

marketing and funding are also usually influential for example they hire bounty hunters to work with them introducing their project to everyone on the internet through blog posts, videos and also social media, it can also encourage projects to gain popularity and bring investors to the project too, when they are listed on the exchange then encourage many traders to also buy it, this method has always been there to push the price of altcoin, but many new altcoins that come with not the slightest capital but want to be popular, you can find it a lot, reputation is also usually at stake if there are people who known to be the founder of the project, but if the value of altcoin rises more than 100% like BSV I feel it is not natural like a pump it will not have popularity and avoid it

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January 24, 2020, 10:31:41 AM
 #8




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...
How much their reputation matters when it comes to the the valuation of any cryptocurrencies that is why Bitcoin is most expensive trip to at the moment. Altcoins have more value when they get more exposure show even if it is very unique project it needs lot of advertisement on different platforms to get investors only from the investors the coin get value when it listed on exchanges.

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January 24, 2020, 10:32:25 AM
 #9

All things that come to your mind will boost altcoin value, including bitcoin. You can say about popularity, adoption, social media, the technology behind the project, or even the famous developer can help altcoin to reach more people to invest their money in every project that they thaught will increase the value in the future.

But maybe we need to spreads to other people in out there so the mass adoption will boost the altcoin and bitcoin, and now, the process has already started. Maybe it won't need to wait too long to see many people will come to the crypto world and invest in many coins because if they interest in the project, they will search for more information about that.

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January 24, 2020, 10:39:20 AM
 #10

The main factor is the technology that continues to be modern so that development continues to increase to push altcoin into popularity and many made by their various platforms for different education so that it can be a major factor.
In the future Altcoin will have a good reputation and many benefits for the people to use it.

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January 24, 2020, 10:56:57 AM
 #11

everything lies on the basis of expansion from the initial community, technology was the first to be discussed and communicated. after developing large and has passed the offer period, the public welcomes it from the emerging popularity, the public will understand the figure of the developer concerned first, and this is where technology becomes something they learn afterwards.
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January 24, 2020, 11:03:01 AM
 #12

Popularity always follows tech and not the other way around, at least if you prefer an organic growth of an altcoin.
Exactly. Popularity of altcoins should be more than technology. Some altcoins are living with hype even how shit they are particularly those new coins/tokens. Don't be surprised then.

Hence, only one coin can be this both, no other than bitcoin.

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January 24, 2020, 11:03:40 AM
 #13

In fact all factors are important. If the technology and the product are good then in any case there will be popularity but here marketing very often disguises crappy projects.
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January 24, 2020, 11:20:44 AM
 #14

It has the potential to boost the value of altcoins when it has a huge contribution to the crypto currency world! Especially those alts that have use case that can help investor on thier daily transaction.
Altcoins that only boost prices because of the support of popular personalities will also drop prices in the long run and eventually become shitcoins at the end.
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January 24, 2020, 11:26:51 AM
 #15

I think both will surely pumps an altcoin value but what mostly investors need is popularity or what they called hype. Technology is very important thing but the real problem is who will be using it. That comes the partnerships / marketing, if they got huge partnerships then it will be the one to trigger the altcoins value.

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BitDane
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January 24, 2020, 11:28:19 AM
 #16

Technology does not speak for itself unless it is promoted and advertised.  In short, it is the popularity and level of acceptance or adoption that boosts altcoin value.   No one cares about technology if it is unknown or unheard.
coldhamjoel
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January 24, 2020, 11:29:35 AM
 #17

People tends to go more with popularity because if a crypto is popular then that means more users are into it then tech follows afterwards.
Chainsmokers
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January 24, 2020, 12:56:18 PM
 #18

The main factor is the technology that continues to be modern so that development continues to increase to push altcoin into popularity and many made by their various platforms for different education so that it can be a major factor.
In the future Altcoin will have a good reputation and many benefits for the people to use it.
When the coin has features or technology that is modern and very useful later, I believe that it will be a major factor that can drive its popularity which can then attract many people to invest in it. And I think for the time being, people will choose projects that have features or products that are good and useful in the future, although it can be said that for the moment many projects are made just to attract investors and get personal benefits without real development, but if there is a project that has a product and will continue to develop its technology I think investors will be more interested.
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January 24, 2020, 01:06:44 PM
 #19


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...
In the world of crypto the main factors are well-known developers and what technology will be developed, because in the presence of these two things will give birth to a good reputation when done marketing.
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January 24, 2020, 01:08:19 PM
 #20




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...
I think both that you mention in your thread title "Popularity and Tech" are beneficial to any Altcoins, because popularity will create hype and many will invest and follow that's for sure, second the technology was also set an important role to the said boost of altcoin price and value. since the technology was the core and acting like a primary function and capability to deliver its promise about the product and services they offer.
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