Quote from: Wysi on October 28, 2019, 09:58:37 AM

Quote from: grintsch on October 28, 2019, 08:20:02 AM

Most coins have no NAV (Net Asset Value) that would back their price, so to derive a fair value is incredibly hard. There are models like the one formalized by Chris Burniske (https://medium.com/@cburniske/cryptoasset-valuations-ac83479ffca7), but this is based on monetary supply theory and can only be used to derive a lower bound for the price.

I have noticed some of the new altcoins are being backed by assets like gold, charcoal, renewable energy, oil and petroleum as they want their price to be based on their backed assets rather than just demand and supply which can be easily manipulated and it's good to see assets backed coin entering the market which might be a game changer if managed well.

The current valuations are mostly based on speculation, not the actual GDP that's being produced using them, so it gets even harder. This is why - across the field - technical analysis is what most analysts are sticking to.

There are some new altcoins which are backed by assets like gold charcoal, renewable energy, oil and petroleum etc which might be the game changer as there as they will not be dependent on just demand and supply which is prone to manipulation rather they have real products to be bases upon. More investors will be attracted to these assets backed crypto than traditional one.

that's not truelly backed up by real asset, so far i never see projects that able to prove their projects really backed up gold or anything else.investors more interested in projects that will developt new version of blockchain.this kind of projects only use crypto name to make investors interested.in exchanges they could no thing to make it success.