How you can determine the expected price for a new altcoin?

[kreditzcoin]

Hi everyone.

We are going to launch our crypto project next sunday (noso). It is a completely new crypto currency, with many imporvements for the blockchain technology. I will not leave any link since im not starting this thread to promote the project.

Anyway, there will be 10K of coins (from a market cap of 21.000.000) reserved for developers to pay for many services required to start and promo the project. We just found a web studio that will create a customized web page for 500 Noso. Those 500 Noso are the first to be paid for something, so it could be considered as the first real Noso transaction. But that work could cost 300$ or 2500$, it depends of many factors.

How other coins calculate their value at launch? Im a programmer, not an investor or speculator.

[Javi_Anibarro]

A lot of factors determine the value of the project when it hits the market.
And one of the most important out of them is demand, let's say your project addresses the majority of problems we have today. But without demand, the value of your project will not be high or significant. If you are going to launch something big such as that(new blockchain or whether you are trying to do), before running the mainnet. I suggest you run the testnet first to showcase your project and giving an impression to the people about it.
People will not blindly buy something because you say it is a new technology, but instead, they will do something or rather prove the point that you are proud of about your project.
When they are satisfied with your project, the demand will surely come itself when the mainnet launches.

But if you are rushing it directly as soon as possible, I highly doubt there will be any value created out of it.

[krisnajsadrak]

first i will read the whitepaper from the new altcoin carefully, because all informations about the project will be there
then i will try to know the team behind the project mate,
because even the project has a good whitepaper but if the team didn't seriously develop the project
i believe the project will have no value even dissapear
but, if the alt bring new technology and features also created by a great and professional team, for sure the project will grow mate and of course investors will get a good profit

[Review Master]

How other coins calculate their value at launch? Im a programmer, not an investor or speculator.

Looks like, team will be paid for getting services from any company before launching that project fully. As those tokens don't have any value for now, OP want to know: will there be a value of those coins in future? If that so, than try to figure out what type of products/services will be provided into crypto space by that project and how many private investors are invested into that project. Also try to findout if that project will conduct any IDO or IEO in the upcoming days or it'll be listed on tier-01 exchanges or not. If everything looks great, than it might get a higher value than the initial public sales price.

[kreditzcoin]

Looks like, team will be paid for getting services from any company before launching that project fully. As those tokens don't have any value for now, OP want to know: will there be a value of those coins in future? If that so, than try to figure out what type of products/services will be provided into crypto space by that project and how many private investors are invested into that project. Also try to findout if that project will conduct any IDO or IEO in the upcoming days or it'll be listed on tier-01 exchanges or not. If everything looks great, than it might get a higher value than the initial public sales price.

Partially wrong. We are the development team; what we want calculate is how much we can value each coin to make payments.

first i will read the whitepaper from the new altcoin carefully, because all informations about the project will be there
then i will try to know the team behind the project mate,
because even the project has a good whitepaper but if the team didn't seriously develop the project
i believe the project will have no value even dissapear
but, if the alt bring new technology and features also created by a great and professional team, for sure the project will grow mate and of course investors will get a good profit

That is the way all altcoins evolves AFTER some time; but how determine the first price?

A lot of factors determine the value of the project when it hits the market.
And one of the most important out of them is demand, let's say your project addresses the majority of problems we have today. But without demand, the value of your project will not be high or significant. If you are going to launch something big such as that(new blockchain or whether you are trying to do), before running the mainnet. I suggest you run the testnet first to showcase your project and giving an impression to the people about it.
People will not blindly buy something because you say it is a new technology, but instead, they will do something or rather prove the point that you are proud of about your project.
When they are satisfied with your project, the demand will surely come itself when the mainnet launches.

But if you are rushing it directly as soon as possible, I highly doubt there will be any value created out of it.

Many testnets were already run, last one reached 22000 blocks.

Hey, you can use market cap determined price ( Marketcap:Total Supply = Estimation price).
21,000,000 : 10,000 = 2,100$

So, 1 Noso should be on the price around 2,100$ also there has some calculation price from the difficult network while you are doing miners.

Could you be more specific with that??

[ryzaadit]

Could you be more specific with that??

The easy way.

Try to look this how to calculated by Market Cap: https://coinguides.org/market-cap-calculator/ bur is not always a guarantee, just speculation so don't expect too much could be less or more for the price.

[Javi_Anibarro]

[...]

Many testnets were already run, last one reached 22000 blocks.

Let's say you already ran it, but it was not open to the public which means only your inner circle knew about it.
What I mentioned above is the visibility through it, to create demand you need to show off your project to the public before it officially launches.
Have you ever gone to something like an event when they are showing you their new product before entering the market? that's what I was talking about.
Value comes from demand, and the easiest way to get it is through advertising(showcasing, marketing, etc).

[kreditzcoin]

[...]

Many testnets were already run, last one reached 22000 blocks.

Let's say you already ran it, but it was not open to the public which means only your inner circle knew about it.
What I mentioned above is the visibility through it, to create demand you need to show off your project to the public before it officially launches.
Have you ever gone to something like an event when they are showing you their new product before entering the market? that's what I was talking about.
Value comes from demand, and the easiest way to get it is through advertising(showcasing, marketing, etc).

oh, the announcement was done online in many places, including here in bitcointalk. As i said earlier, i do not included links since i was not trying to promote the project in this thread. There were not many people involved on test, but there were a lot of programmers. We always believe that quality will bring users, not promotion or spam. And trust me, 99% of the poeple who wrote us from here were probably people offering promotion services.

As for our understand, price is based on demand. Since can not exists demand before the mainnet is launched, the first step to determine the value of a coin is the number of nodes the mainnet have: every node is someone who believes in the project enough to run a node.

Also, the marketcap is important. If there will be1 trillion coins available, every coin can not have a big value.

[kreditzcoin]

So, empirically, we can make a list of variables affecting the value of a cryptocurrency before it is included in any exchange (without a specific order):

1.- Supply: more supply, lower price.
2.- Nodes: More nodes, higher price.
3.- Availability: If all the supply is available at launch, lower price. If the supply growths slowly, higher price.
4.- Exposition: More exposition (web page, media channels, etc), higher price.
5.- Protocol and software: it is new a innovative, higher price. If it is a copy of any other crypto, lower.

[Hamphser]

How other coins calculate their value at launch? Im a programmer, not an investor or speculator.

You cant determine its price because its value will really be depending on the demand itself or on how the community been trading it off.

Let say that you do have $1 ICO price per coin but doesnt mean that you can presume out that it will be automatically price @1$ each once its launched.It maybe lower or higher than that no one really knows.

If you do try to look the bounty thread which it is almost the case where project owners paying off their own altcoin and making out already some conversion into fiat or usd which is utter bullshit kind of deceiving.

[tabas]

Depending how much will be the initial market cap of the coin. You can have your project value through your own estimation. That's what usually most of the projects do.
Having your own estimation and projected value is always at the beginning of the project's proposal.

[goaldigger]

Once you release that project out in the market, the price will move depends on the market demand and of course depends on the quality of the project, this is beyond your control now because the public will determine the price trend of this project. There’s a lot of factors to be considered, so its better to improve your project always and make good updates so you can expect at least a good up trend on the price.

[JeffBrad12]

How other coins calculate their value at launch? Im a programmer, not an investor or speculator.

That's affected by various things just like the hype, how much people interested in your coin, supply, and demand. So many new coins got the hype and that's why these coins can be stable or very bullish at the time of the launch.
You must create hype for your coin to make people interested to join your ecosystem. This is the most difficult task when you are creating new crypto especially to determine the price.
FOMO = High ROI, No FOMO = Low ROI, or even traded below the initial price

So, empirically, we can make a list of variables affecting the value of a cryptocurrency before it is included in any exchange (without a specific order):

1.- Supply: more supply, lower price.
2.- Nodes: More nodes, higher price.
3.- Availability: If all the supply is available at launch, lower price. If the supply growths slowly, higher price.
4.- Exposition: More exposition (web page, media channels, etc), higher price.
5.- Protocol and software: it is new a innovative, higher price. If it is a copy of any other crypto, lower.

TBH, the nodes didn't give any contribution to the price, did you see how Binance is only having 21 nodes but it was going to the moon? The node should be eliminated from your list. I do agree with the rest

[memyselfandi]

Buddy you need to be literate in crypto market before you are able to gain that skills. It will consume you some resources and effort to gather experience that will serve as your reference for your own market predictions. It is a whole process that needs to follow step by step.

[AmoreJaz]

A lot of factors determine the value of the project when it hits the market.
And one of the most important out of them is demand, let's say your project addresses the majority of problems we have today. But without demand, the value of your project will not be high or significant. If you are going to launch something big such as that(new blockchain or whether you are trying to do), before running the mainnet. I suggest you run the testnet first to showcase your project and giving an impression to the people about it.
People will not blindly buy something because you say it is a new technology, but instead, they will do something or rather prove the point that you are proud of about your project.
When they are satisfied with your project, the demand will surely come itself when the mainnet launches.

But if you are rushing it directly as soon as possible, I highly doubt there will be any value created out of it.

very well-said. we have no idea what will be the perception of the community towards your project. so right now, you can't determine the expected price of your coin. we have to see first your product or service that you are offering, before you ask this kind of question.
you will see the interest of people here once you launch your platform.
remember, before this project, thousands of promising projects were introduced to the community, with novel ideas or overwhelming features. but look at now, how many of these truly survived the market and known to crypto users?

[kreditzcoin]

I believe a expected price can be calculated; maybe it is rigth, close or far from the real price the coin will have when arrives to the exchanges, but a expected price can be determined with a deep study of the altcoins markets.

Of course, it will need a study of many factor of all alt coins existing (lets say, top 1000 in coinmarketcap. for example):

- Supply.
- Market cap.
- Age.
- Exposition.
- Software.
- Dev team.

Surely i forgot some important factors, but i believe i explained my idea very well.

I also agree with the hype factor a lot: i remember dogecoin (and many others) had a tremendous hype when it was launched and climbed very very high prices when launched.

[CutePanda]

well, first of all, this is all about luck, but still we can still do some research on the new altcoin to predict which coin will become huge or flop.

these are some factors that can help to predict :

1. Supplies
2. Dev Team
3. Issues
4. Enter exchange
5. Promotion
6. Software

make sure you have to read the whitepaper of the new altcoins since ICO to predict will this project will become success of not, take a look at the team, more solid then you can don't need to be worry.so right now, you can't determine the expected price of your coin, everything can happening in the future, we can only predict and rely on our luck

[GreatArkansas]

(....)
How other coins calculate their value at launch? Im a programmer, not an investor or speculator.

For me, the buyer and seller will decide the price of it. If you notice on some exchanges, the newly listed coin may start at a high price and then it will abruptly fall down if no one will buy or no one will sell at a given price. Or the other side, it will start at a cheap price but if the demand is high, and buyers continue to buy then probably the price will increase.

[slaman29]

There is this new thing called IBCO (initial bonding curve). I'm not absolutely sure of how it works but apparently you sort of put the token out there and people sort of bid for it at whatever price they want.

And then, the mechanism looks at all the bids people put, and then gives out the supply to people according to the highest bid first etc etc.

From there it tells you average prices people bid for and what price you will be able to get if you bid at the next round and so on and so on.

[uelque]

There is this new thing called IBCO (initial bonding curve). I'm not absolutely sure of how it works but apparently you sort of put the token out there and people sort of bid for it at whatever price they want.

And then, the mechanism looks at all the bids people put, and then gives out the supply to people according to the highest bid first etc etc.

From there it tells you average prices people bid for and what price you will be able to get if you bid at the next round and so on and so on.

I don't know if I'm right but as far as I know IBCO doesn't put out token and wait for the people to bid for it. I think it doesn't have even a single token at the beginning, and tokens are only created when buyers are more than sellers. Correct me still if I'm wrong.

IBCO is an improved ICO, solving some main problems of ICO.

How other coins calculate their value at launch? Im a programmer, not an investor or speculator.

By the way, I think other coins initial value actually depends to the team and developers, how much they think their project cost. But still the demand will decide what would be the value of the coin once it enters the global market.