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Due to incessant ICO threads being posted in this sub-forum, all ICO Announcement threads must be posted only within the 'ICO Announcements' sub-forum; posting ICO threads here in Altcoins is no longer permitted. Any ICO threads posted here will be moved, and continuing to flout the rules will result in your account being banned.
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Users are responsible for their own safety and security on any link they choose to click on, or external site they wish to engage with.
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tetrisbattle
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Why the other coin have no value such as doge coin and lite coin why???
Sorry everyone im new guy that just know bit coin but i feel curious about why is the other coin have no value like doge coin, lite coin and etc. but why they can just be like btc? sorry ya guys just for asking fell curious
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JohnBricksaw
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Re: Why the other coin have no value such as doge coin and lite coin why???
i need to know also
Re: Why the other coin have no value such as doge coin and lite coin why???
It would simply just come down to user adoption i think, the less adoption then the less demand there would be for these coins. When demand for bitcoin goes up so does the price.
Another reason is that some coins like Dogecoin unlike deflationary cryptocurrencies (like bitcoin that has a limit of 21 million coins), there is no limit to how many Dogecoins can be produced. This puts Dogecoin in the same league as other inflationary coins. According to the current production schedule, approximately 98 billion coins have been released by February 2015
Another reason is that some coins like Dogecoin unlike deflationary cryptocurrencies (like bitcoin that has a limit of 21 million coins), there is no limit to how many Dogecoins can be produced. This puts Dogecoin in the same league as other inflationary coins. According to the current production schedule, approximately 98 billion coins have been released by February 2015
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Rmcdermott927
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Re: Why the other coin have no value such as doge coin and lite coin why???
Supply and demand. Doge and ltc have a larger supply than Bitcoin. Combine that with less merchant acceptance, and less media coverage and you wind up with a less valuable coin.Sorry everyone im new guy that just know bit coin but i feel curious about why is the other coin have no value like doge coin, lite coin and etc. but why they can just be like btc? sorry ya guys just for asking fell curious
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