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Author Topic: What are the factors that drive up the price of tokens?  (Read 2911 times)

Offline Chomzzy

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Re: What are the factors that drive up the price of tokens?
« Reply #15 on: February 21, 2019, 05:37:06 AM »
You have listed most of the factors but I think the amount of coin in circulation can also affect price negatively.
Secondly, team structure and passion can also affect price of a coin .
Coin use case also.

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Re: What are the factors that drive up the price of tokens?
« Reply #15 on: February 21, 2019, 05:37:06 AM »

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Offline Rituvohra01

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Re: What are the factors that drive up the price of tokens?
« Reply #16 on: February 21, 2019, 06:14:17 AM »
I think first of all the trading volume,secondly demand and supply, thirdly the token is register under a popular exchange these factors are responsible to drive up the price of tokens.

Offline Xtinah

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Re: What are the factors that drive up the price of tokens?
« Reply #17 on: February 21, 2019, 11:43:11 AM »
The factors that drive up the price of tokens in my opinion includes the supply of the token, how much the supply is before looking at the demand, the cap or limit of the total amount of tokens available. However, all this can influence the price of a token but what influences it more or drives it up or down is the news surrounding that token. It can affect the token positively or negatively no matter what.

Offline tsakf

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Re: What are the factors that drive up the price of tokens?
« Reply #18 on: February 21, 2019, 01:33:02 PM »
The factors that drive up the price of tokens in my opinion includes the supply of the token, how much the supply is before looking at the demand, the cap or limit of the total amount of tokens available. However, all this can influence the price of a token but what influences it more or drives it up or down is the news surrounding that token. It can affect the token positively or negatively no matter what.

The supply is important, if there is not much interest in a project. If there is a huge interest, even a big supply, may not lower the price, because the demand is high.

Offline pers

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Re: What are the factors that drive up the price of tokens?
« Reply #19 on: February 21, 2019, 02:16:26 PM »
Central exchanges control most of the flow of cryptocurrencies, giving them a lot of incentive to grow their revenue by artificially manipulating crypto prices. Central exchanges also provide a single point of failure. They manage and store large sums of crypto, which means if they get hacked, it can have a significant effect on the price of cryptocurrencies.

Offline tsakf

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Re: What are the factors that drive up the price of tokens?
« Reply #20 on: February 21, 2019, 02:22:11 PM »
Central exchanges control most of the flow of cryptocurrencies, giving them a lot of incentive to grow their revenue by artificially manipulating crypto prices. Central exchanges also provide a single point of failure. They manage and store large sums of crypto, which means if they get hacked, it can have a significant effect on the price of cryptocurrencies.

That's why atomic swaps, will be the great next boom. With Atomic swaps, you can exchange coins, with smart contracts, on the blockchain, instead of using a centralized exchange.

 

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