Post
Topic
Board Altcoin Discussion
Re: How to See the Future of Altcoin?
by
entrepmind23
on 02/12/2017, 05:01:29 UTC
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.

If the developers are active then that would be one factor that the coin is still alive. If they are always looking for ways to improve their projects and follow their roadmap then that is good news because it means they are doing their work. An altcoin that has real usage are the ones that are most probably has a future because people will keep using it so there is demand. Example of these are ethereum and litecoin. Partnerships in big corporations have a big effect also on the coin if it will have a good future or not.