Bitcoin Forum

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.

Lets make dead shitcoins great again!

You too late to dump what you got or no market for those tokens?
So you are trying to conduct a meeting to the project leaders, big companies and trading platforms to find a solution, can you tell us how are you going to do that?   No one can force them to meet you unless you are going to prove to them that you are going to invest millions for them once again.  

If that thing is useless what's the point of holding it? Im thinking your just having a dream to be millionaire one day with that coins your holding to, I dont know if your meetings with people will work.

you can't change anything about shitcoins, they are shit and they inevitably die sooner or later. and when they die then there is no way you can revive them.
you have to keep in mind that the market is filled with them, so it is not like there is only just one coin out there that died. there are thousands that do exactly the same thing as the token you are bag holding!

We have power when we unite. Maybe we can do something with big companies. Our problem might be also an opportunity.

I don't think anything can be done about those illiquid tokens or coins. I am planning on burning mine because it occupies space on my wallet and I hate seeing them there

shitcoin will never be of any benefit, as long as whatever you hold it will not be a valuable coin.
I actually want to clean up some of the shitcoin that I have in my wallet, but how to do it, they only interfere with my view.

So you lost any hope?

Why hold it if its useless? Don't hold a coin or don't get involved with it if its totally worthless.

Make your time worth and know your value. I'm done investing to these type of coins and the good thing to hear of that is that you just hold 'millions' of it. Yes, millions in quantity of that worthless token.

Bought back in 2017 so too late for that.
Arent you holding?

But sorry,it is not going to work anyway.

You need to accept that you have lost the money like other million people in this planet that is why ICO investment is more risky than falling from space with an Umbrella in our had to safely land. :D

yeah you have power when you unite , but if you' all protect was "shit" coin , it will become shit , i mean if that ccoin have not any overplus , you cant make it great

We can be creative. We don't necessarily need to work for the ICO company, but to do something as a group, as a community. Dont you think, for an example, that we can get discounts in a certain platform if we come as a group?

If the coins have lost value in the past year, then in this they will not exactly wrap it. Millions are needed to revive the market, but no one wants to invest them, so most of the altcoins have fallen into the abyss and now nobody needs them.

Whether there is one optimal solution for both tokens and Ethereum. There is a reality which is going on, ICO projects are selling the big amount of ETH to remain their activities in this gloomy period and it makes the price of ETH can not go up and continue to side way and go down. Must wait till all ETH of ICO projects is sold out or is there any other solutions??

No, not yet I can say? I just recently earned tokens in the past month and still I cannot verify that is was useless, I just try to understand the current market today and its quite sad for project to let their token lost in this market.

Trying to revive a useless token by recycling it like what's usually done to a trash? Don't you have your own community to discuss the next step for that project?

I have some useless tokens in my wallet. But I only got those tokens through airdrops only. And I still believe that some of my tokens will be great in the future.

If the developers run away then there is no developer going on anymore you are left with shitcoins this is not Bitcoin that even the developer is out it will still go on, who knows the dev team still holds a huge amount you will just help them to make a huge profit again so better leave this coin.

That's the problem if the developers and team cannot compete really in the market if the market condition is not that quite promising. Bounty hunters just being trapped with their useless tokens yet profitable in the future.

It all depends on you and you alone as what you are holding is as useless as shit but if it were to be a big project with very good price am sure we will not know about it today so there is nothing you can do to restorate the token once dead is dead cos people will not buy them again for knowing how bad it was before now or can you put your money on fail project which you never know if it will even survive again .

I doubt you can really "hold a bag of useless tokens" since you can just throw them aside and never look back. If they worth even a single satoshi and you want to get rid of them just sell all of them. If they worth even a single litoshi just get rid of them. However if they worth absolutely zero and there is not a single place you can sell them, basically save up the keys and what not and delete the wallet, one day they may worth something so always save the keys but aside from that sell the wallet and move on with your life.

You don't have to do anything about a bad investment you made because even the time spent on recovering that bad investment means spending some more money on it, your time has value and even if its not money you are putting value on something that worth nothing.

I think that we will not be able to fix anything in the current situation, it remains only to hope that at least 3 projects out of a hundred will continue their development and will bring profit in a few years.

Yeah. pretty much the same situation. These tokens are piling up with every day but they seems to have no purpose. Just sitting there in the wallet. Hope someday they gain some value and i'll be able to trade them for some cash.

There will be no any meaning if all those projects stop working and instead of using money that they have mobilized to built up their project as promises, they use this money for personal and everything disintegrates

I am thinking of creating some kind of an instrument to be able to track all these useless coins. Now I see this like a telegram bot that tracks all the coins on your MyEtherWallet and maybe some others too. It tracks pumps, listings and lets you track your portfolio easily and decide when and where to sell you coins. THis kind of an instrument is vital nowadays imho.

Those tokens will remain useless forever, no sane person would want to buy a token with no value, just make sure you buy token with good background and well known next time, loading your bag with shit token is like throwing money in to the sea.

I’m made a big mistake in last 2 year, I don’t sold my crypto assets when the price is pump, so until now same as you, I also holding a lot of useless tokens, I think don’t have any solution let them become useful token again, we need to learning from mistakes, sold it when price is pump and never greedy to wait for more profit.

One of my friends is going to make a platform to allow you to get rid off bunch of useless tokens. Just imagine, if you could sell all tokens immediately without need to register on multiple exchanges. ERC-1080 will help him to realise this idea

You say that like a lot depends on the companies and their organizers. Forget about these tokens bacause this is an unstable world of cryptocurrency and no one owes you anything.

I still hold the token from the bounty, it's not useful because it hasn't launched into the market exchanger. but discarded where do you want to go? so I thought to be even longer, who knows if someday it can be sold.

Well said mate.  ;D ;D I felt the same way and couldn't stop laughing when I read this post. OP must surely be desperate about exchanging his dead shitcoins/tokens for something.
I have a thousands of useless tokens in my portfolio and it's hard to say but they are not going to provide me any money.
Lets just keep it there like a showpiece  ;D :D I guess the best time to sell the tokens is when they get listed on an exchange immediately or selling it personally to some random guy in the token's official telegram channel  ;D . The latter works like a charm if you know how to play your cards well.

I assume there is nothing we can do especially for bounty hunters and airdrop hunters, for investors they can sell off a particular point easily as they have the volume but for bounty hunters the amount of the coins we get are getting might not be a substantial amount to sell it in an exchange

I have a lot of tokens with no value as well. The projects are not bad and as soon as thee market is going to recover these coins will give us great profit. We just need to wait for a longer period of time to get our rewards.

I just leave such worthless tokens in my wallet and wait. They do not bother me and maybe they are worth something in the future. So as long as i have paid nothing for these token, so i can not lose.

I have useless tokens too. But I understand that only 20% of investments make a profit. We need to look for new profitable projects, and then it will not matter that there are those projects that came out of the "game". Good luck to all of us.

It only remains for us to hope that a significant part of our tokens will nevertheless come to life in the future and will work. Cryptocurrency owners now really learn from their mistakes and therefore, in the future, it is unlikely to be able to rise in price for a long time. Many will now sell it immediately to lock in their profits. Therefore, in the coming years, Bitcoin is unlikely to once again be capable of such rapid growth as it showed at the end of 2017.

I love such topics and they are interesting because I want to ask why it was necessary to participate in a bunch of unnecessary projects and fight for these tokens. Therefore, I prefer to buy them after the end of the project, in order to practically have no risk.

I guess there is nothing much we can do for the dead project tokens. Unless some active project leaders are willing to swap the inactive coins for their coin for the purpose of increasing community members.

If you have realized that the coins are a bad of shit then why still hold on to them? you should probably just do something about it if you are very sure it has no potentials thanks

I think that nothing can be done with these illiquid tokens or coins. Some tokens cost less than transaction fees. I think it will be very difficult to persuade company executives to invest money again in dead projects.