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Author Topic: Okay. What is the main factor that boosts Altcoin value? Popularity or Tech?  (Read 1439 times)
chanc3r
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February 14, 2020, 03:43:47 AM
 #121

Popularity is the main factor. If a project has a great technology without popularity, no one will know about such project and no one will use it. But when a project is popular, even if the technology behind it is not too great, you will see people proffering solutions to make the tech great.
Popularity is not the main factor. A project with a good tech can attract a lot of new users and that can build a good perspective on the platform. This will bring popularity to the project. You misunderstand about how the real cycle of the coin can get the value.

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February 14, 2020, 09:20:43 AM
 #122

We need new tech, rare use cases, that's the only thing that can attract someone like myself to a new project, I stay away from repetitive projects because they have nothing new to tender, its always about the money

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February 14, 2020, 10:00:30 AM
 #123

Altcoins are pumped by market makers usually - just because they want to control the market and use these coins as instrument. You may ask about the way they choose altcoins for pumping... I don't know, maybe they are throwing a coin Smiley

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shiming
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February 14, 2020, 10:17:53 AM
 #124

I want to say that the price of a cryptocurrency is greatly affected by the project team's technology, marketing, and funding. If the most important thing is marketing, when a project founder is very hype, I think this cryptocurrency price will surprise us. For example, the founder of TRX is very hype. TRX prices fluctuated quite a bit with his news.

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February 14, 2020, 05:12:17 PM
 #125



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?
I think both technology and popularity are very important.This is essentially a kind of symbiosis.
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February 14, 2020, 05:16:07 PM
 #126

I think both tech and popularity have roles to play in the success of any good project
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February 14, 2020, 07:56:13 PM
 #127

I would say that basically much depends here. I am always looking for advanced solutions that combine both practical value, bold tech, great roadmap and prospects. And I cannot say that there are many solutions that meet my requirements. Are you having many? Probably the only one I am really impressed with lately is Carnomaly
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February 14, 2020, 07:57:37 PM
 #128

I would say that basically much depends here. I am always looking for advanced solutions that combine both practical value, bold tech, great roadmap and prospects. And I cannot say that there are many solutions that meet my requirements. Are you having many? Probably the only one I am really impressed with lately is Carnomaly

Evening there. I absolutely agree with you on components you've outlined. And I would also agree with you on fact that there are not many advanced tokens today, the ones with benefits for users. What is Carnomaly staying for? Can you please elaborate in more details?
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February 14, 2020, 07:58:42 PM
 #129

Evening there. I absolutely agree with you on components you've outlined. And I would also agree with you on fact that there are not many advanced tokens today, the ones with benefits for users. What is Carnomaly staying for? Can you please elaborate in more details?

Sure. Basically, Carnomaly is automotive rebate platform. It was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership. Consumers will be able to get a max of a 30% rebate, which will be given in CARR tokens that must be sold on the marketplace for redemption. This is absolutely new and unique standard on the industry. And of course, I also recommend you to have a closer look at guys' website, cause a lot of info is available there that will let you get a bit deeper

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February 14, 2020, 07:58:54 PM
 #130

If you think more deep about it you will find the corelation between listing on popular exchanges and pumps. For example listing on Binance or Coinbase means almost 100% sure pump. While new partnerships or product development doesn´t mean sure pump, you know.

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February 14, 2020, 07:59:20 PM
 #131

Sure. Basically, Carnomaly is automotive rebate platform. It was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership. Consumers will be able to get a max of a 30% rebate, which will be given in CARR tokens that must be sold on the marketplace for redemption. This is absolutely new and unique standard on the industry. And of course, I also recommend you to have a closer look at guys' website, cause a lot of info is available there that will let you get a bit deeper

From your words sounds very attractive, agree with you. Let me have a closer look and get back with my thoughts, thank you for recommendation
moonblocks
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February 15, 2020, 01:29:42 AM
 #132

Hype is one of the main factors in price appreciation for new projects that and a bit of both demand and technology combined with a real world use case to provide utility to the asset can help in increasing its value over the long term

smyslov
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February 15, 2020, 04:10:31 AM
 #133



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?

Even if thee marketing is that good but if the investors find nothing that will interest them or they see that it has nothing new to offer to the community I don't think they will invest in that project, investors are wiser now they hone their skills on what to look and how to look on a project, you cannot just present them a project and they will invest right away.
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February 15, 2020, 06:18:34 AM
 #134

The popularity of altcoins comes through the development and improvement of their technology. Initial advertising of the project gives only an effect in the first stage. In order for altcoins to be in demand, the project must bring something new to the world of cryptocurrency, and new comes with new technologies and new solutions.

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February 15, 2020, 07:48:29 AM
 #135

The popularity of altcoins comes through the development and improvement of their technology. Initial advertising of the project gives only an effect in the first stage. In order for altcoins to be in demand, the project must bring something new to the world of cryptocurrency, and new comes with new technologies and new solutions.
Not enough with just the development and technology improvements alone, it would be pointless without being accompanied by clear marketing, such as listings in a large exchange and adding marketcap to the coin itself, many of the project coins die for just thinking Development Course

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Shallow
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February 15, 2020, 09:02:50 AM
 #136



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?

This might look easy but kinda trickish. As an upcoming project, I think what the team should be concerned with first is to have an MVP thus technology, that is to say, the technology comes first. This technology will protrate the idea of the team and how efficient they are. After this, I think the next thing is the developers if they are really skilled to keep up till the end. And lastly, media reputation or what I see as marketing, a good marketing matter too but one need to have something to market, thus the reason it's good to come up with the technology first.

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February 15, 2020, 10:42:56 AM
 #137



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?

Usually the demand will boost the the altcoins value so popularity will be the nearest of it but any altcoin will not be popular if their project is shit project. So I can say that both of them are very needed to boost the value of any altcoin because if one is lacking then the altcoin value will not increase.

Marketing is another factor also which is the most important thing to any project in order to obtain their popularity and raise the demand of their coins/altcoins. With regards to Bispex exchange I haven't experienced using it and I didn't know about their insurance funding but what I saw upon checking their background, they are listed already at coinmarketcap (rank #2057, marketcap is still unknown) and it's price is dropping base on their chart.

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February 15, 2020, 10:50:38 AM
 #138

New projects can't be trusted until they are alive for several years, I have bet of few new altcoins in the past but they have already disappoint investors like  myself, the projects have real use cases but the love of money can't be denied, this is the blood that runs in new developers nowadays

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February 15, 2020, 12:20:38 PM
 #139

The popularity of altcoins comes through the development and improvement of their technology. Initial advertising of the project gives only an effect in the first stage. In order for altcoins to be in demand, the project must bring something new to the world of cryptocurrency, and new comes with new technologies and new solutions.
Not enough with just the development and technology improvements alone, it would be pointless without being accompanied by clear marketing, such as listings in a large exchange and adding marketcap to the coin itself, many of the project coins die for just thinking Development Course
Those are important parts to create such a good coin or even boost the price of altcoin. If there was altcoin that runs without needed all of those factors and that will be useless. So many project are focusing in the marketing and it fails. There was also a project that focus on the tech and it also get less adoption.



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February 15, 2020, 01:34:50 PM
 #140

For me, positive news will help the price of altcoins rise quickly. I have seen a lot of altcoins in recent times going to the moon with news of cooperation with major businesses. It is obvious that technology will not help increase the price of altcoin, such as LTC, ADA ...

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