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Author Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech?  (Read 1444 times)
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January 24, 2020, 01:11:03 PM
 #21

If we're talking about altcoin, it will be tchnology first before popularity. It's the technology that boosts the popularity of altcoins. And when altcoins gain more popular, it leads to a pump with altcoin's price. It's the technology that helps altcoin to receive attention because of the advancement and innovation. Because if not for technology, why do you think altcoin will get popular?
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January 24, 2020, 01:13:19 PM
 #22

New technologies and new innovations to the public will certainly follow popularity, and a vision / mission that matches what is needed in the future, so even though the project is currently in the development stage but the potential is enormous for the future. Without marketing and promotion it is very difficult for a project to get its community, the strategy of each project is certainly different. But projects that are built with unique and interesting concepts are definitely easier to popular.

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January 24, 2020, 01:16:51 PM
 #23

Until now, the deciding factor in altcoin prices was marketing. If the project has a great marketing way, then surely they will receive a lot of attention from the community and investors. Then if they list at the exchange, the price will certainly be pumped up a lot. Since I entered this market, I have not seen any successful altcoin projects with the products created. Most altcoins are useless and will die after 1-2 years of operation









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January 24, 2020, 01:18:04 PM
 #24

Now the promotion, worthiness of the project, the development team, funding, the product, and more other factors make the altcoin value as well its popularity. Earlier it was the key people who endorse the project makes the project more popular. This way more altcoins went as a scam. However without tech the growth isn't possible, this way popularizing happened through leading personalities of cryptospce and growth based on the technology.

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January 24, 2020, 01:20:26 PM
 #25




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...
Yes, that is the main factor now. I don't see anyone investing in technology, it's all a lie of their feelings when they know they're investing in the wrong alts. Let's be realistic, we are struggling with the sharks to buy alts for a good price and sell it at a high price. There is no other technology that can dominate this market, because cryptos are basically not used much in real life. So no matter how good the technology is, it doesn't have much effect on the price. Fomo and marketing are the most popular. Welcome to the world of manipulation.

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January 24, 2020, 01:24:30 PM
 #26

Popularity need proof and technology can give it. First step is technology development without that developer doesn't have reason to built popularity, depend on what?. This day altcoin is more like industry. need big money at the first and will collect result at the last. If developer built popularity first we can say they make " shit coin " and developer only get bad reputation. Make plan is not easy but innovative and creative is really needed, technology first than popularity, that's the plan.

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January 24, 2020, 01:55:20 PM
 #27

If we're talking about altcoin, it will be tchnology first before popularity. It's the technology that boosts the popularity of altcoins. And when altcoins gain more popular, it leads to a pump with altcoin's price. It's the technology that helps altcoin to receive attention because of the advancement and innovation. Because if not for technology, why do you think altcoin will get popular?
It technically is a mix of both of those factors that an altcoin prevails or not. Most of the time there are altcoins with good technology, but fail otherwise because of low publicity. On the other hand, there are dying altcoins in the market even if they are well-known ones because of the lack of development. So it's really both of these factors that decide whether an altcoin rises or not.

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January 24, 2020, 02:03:48 PM
 #28

If we're talking about altcoin, it will be tchnology first before popularity. It's the technology that boosts the popularity of altcoins. And when altcoins gain more popular, it leads to a pump with altcoin's price. It's the technology that helps altcoin to receive attention because of the advancement and innovation. Because if not for technology, why do you think altcoin will get popular?
It technically is a mix of both of those factors that an altcoin prevails or not. Most of the time there are altcoins with good technology, but fail otherwise because of low publicity. On the other hand, there are dying altcoins in the market even if they are well-known ones because of the lack of development. So it's really both of these factors that decide whether an altcoin rises or not.

Or the technology of the project is great but it has no practical use in our day to day living. so it doesn't attract attention from the community. sometimes, the developer should look into practicality of things where even the masses can utilize the product or app. because without its patrons or users, the project will not earn and so it will die sooner. so for me, technology with wide scope of usage and coverage.
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January 24, 2020, 02:32:11 PM
 #29

actually everything is important between popularity and technique. but in the crypto market, popularias are preferred to attract investors and traders alike. because technique alone will not be enough, with the development of advanced technology but does not have a popular media platform. because the important thing to make a token or coin has a high liquidity is the popularity of the coin so that at the beginning of the listing can get a high volume.
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January 24, 2020, 02:39:10 PM
 #30




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...
Hype maybe, because for some ICOs that "reach hardcap" i am not say success because success or not is when it listed and can get more than ICO price and be stable after it. But, hype really attract people because some ICO that i see do that thing. Promise a lot at first but nothing good after sales end.

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January 24, 2020, 02:48:55 PM
 #31




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...

Wow, this guy is really something else.
He creates threads and then just leave it hanging there.
You should also try to visit them and see if there are questions asked for you so that the answers will be all clear.
Something like this one here. https://bitcointalk.org/index.php?topic=5219412.msg53661836#msg53661836

Anyways, marketing is a big part of the sweet pie. Features also matters, of course you will need something to boast with so that buyers will join and maybe try to buy at higher numbers.
Famous developer? Nah. Media reputation? Hmm.. a little bit. Social media is a lot of help though.

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January 24, 2020, 03:00:35 PM
 #32




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...

There is no easy way to know that, especially in this current market. If the price doesn't move naturally, it will be a bit hard for It to be affected by real demand and supply... that is, demand and supply based on technology, usefulness, uniqueness, real crypto principles etc

I think if you build a useful, safe and real crypto project, attracting users via any means like marketing won't be that difficult.

Your promotion needs to be totally honest. No deceitful promotion like it's safe, fast, decentralized, censorship resistant, immutable, etc when it's not. People need something unique and useful
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January 24, 2020, 03:04:24 PM
 #33

Between the two, I'd choose Popularity over Technology.

I will share my opinion with this. Even though the technology of the project is one of a kind (the best of the best) if the investors doesn't know it, it will be a useless project. Who will give funds to this project if they don't know it? This is where the marketing team goes into the action. If the marketing team is good, the popularity of the altcoin will boost and the investors will have knowledge to it. If a project has a good technology and at the same time popular to the investors, the project will be a successful one as long as they doesn't scam the investors or will not do anything that can give bad reputation to them.

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January 24, 2020, 03:06:16 PM
 #34

It depends on both, both can be boost altcoin because how can a number of people boost bitcoin if they didn't have any technology. Also how can technology run in altcoin if they haven't any people who agreed on altcoin so both may have affected on altcoins.



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January 24, 2020, 03:09:53 PM
 #35

Developers popularity may affect the users at first I think since they might be excited what kind of coin they created but for a long term factor that boosts the the value of a certain coin I think it's about the project itself because no matter who the developer is as long as they created a wonderful project many investor will buy the coin and will boost it's value.

However, we are in a cryptocurrency industry where in we are dealing with decentralized exchanges user itself will set the value for a certain coin through trading.


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January 24, 2020, 03:33:08 PM
 #36




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 my opinion, popularity is the most effective to boost the value of altcoin simply because of no matter how efficient and good the technology is if there is no there's no amount of users it will be all nothing just take Bitcoin for an example, there's a lot of alts who has better security and better speed but still, Bitcoin have the leads upon them. Next is media reputation, I know that media reputation is a big factor to increase the popularity of one coin but for some reason, though Bitcoin in some places has negative reputation it still got the top position probably because of the popularity. Basically, what I am implying is that these days popularity is a key factor in order to manipulate indirectly the value of any coin in this crypto space.

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January 24, 2020, 03:35:13 PM
 #37

Probably marketing would still take the number one spot because no matter how awesome your coin could be, without marketing you have no chance to get to be known by other people. However after the ICO stage and it has been few years since your coin is on the market, you know people like it or not, if people do like it they end up buying it all the time and keep talking about it and it would be popular, if people stop caring about it and sell it the price would go down and it would be forgotten a long time ago.

So technology is important, where you can use it is even more important, but these are what you care only after the first year or so, first year only marketing is quite enough to get as many people involved as you can. I would only care about where you can use it probably more than any other tho.

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January 24, 2020, 03:50:09 PM
 #38

The more of these factors in the project, the longer the project survives. But the most important factor is surely tech. The strong technology develops other factors with itself. Popularity affects the project's liquidity in the early days, but when technology is weak, the project won't go too far.
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January 24, 2020, 03:57:12 PM
 #39

popularity without a doubt, however if the tech behind is good, it's not gonna create a classic "pump and dump", but rather stay and keep it's value.

Some projects focus more on tech than it's popularity, which is a good indicator of a project that's undervalued. Take a look at Blocknet for instance.

First mover on DEX developments, listed on decent exchanges, builds decentralized oracles through their XRouter and XBridge services.

As a node owner you can earn:

Block Rewards
DEX trading fees
Oracle Service fees

It seems as a few people realized the passive income potential of this project a few weeks ago, as it has performed amazingly well recently.

Tech is everything, a lot of alts will die out even more than they are today, I'm sure.
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January 24, 2020, 03:59:42 PM
 #40

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

Both technology and marketing are very important because even with great technology, if the product is not well marketed, nobody will get to know about it. To me marketing will give popularity and hence boost the value when more and more people pick interest in the project. For instance, some coins actually soared high in price during altcoin season because of product hype by YouTube influencers, hence you can get a clearer picture of what I mean.
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