Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: imikocha1994 on July 31, 2018, 08:21:12 AM
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If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?
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If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?
What makes an altcoin valuable ? In my opinion , If the project is very interesting, the altcoins will valuable.
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To create valuable altcoins, one must create coins with a good platform. Every coin must have a good performance. And finally, the new team behind can work hard to make coins more valuable.
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If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?
You answered your own question:
People are what make a coin valuable.
A thing or service only has value , if another person is willing to trade it for something else.
Show a caveman some fiat cash , and unless he used it to wipe his butt, it would hold no other value for him.
But to a modern man , he could use it to buy necessities.
Show a modern man some flint rocks, and for him it has no value.
But to the cave man it would have more value than fiat, because the cave man could use it to make fire to cook his food or stay warm & dry.
All Value is subject to the use or trade that an individual sees for that object.
I see more value in ZEIT than I do in BTC, where as others see more value in another coin than BTC and others think BTC is all there is.
Just depends on an individual assessment for each coin.
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the vision and mission of the project are made, then the investors and platforms that support the project, and the last is how much the project is advertised and can penetrate the hardcap when ico.
if everything is already there, and in it has a competent team, I am sure that the coin is likely to be valuable.
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a crypto currency may have value when its platform can be considered revolutionary. the demand and supply will follow so long as it has its use for adoption, and most importantly it will have more value if its funded well.
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Development, Technology and number of enthusiasts. 3 things that make altcoins have value on the exchange. that's the reason there are some differences in values in each altcoin. depending on how the user provides value by holding and buying.
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Most imporant thing would be its product,because theres no product at all what would these developers do? develop nothing?second the developers should have good background from the past or they have atleast successful projects,third the community's support because if there is no support from the people who would give fund to develop the project?these are the basic factors in choosing a good altcoin investment.
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If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?
I think 3 factor make an altcoin valuable are good platform of coin, the project purpose is very interesting and the team behind the project.