|
Title: Is "XXX is officially Dead" means that XXX is really dead. Post by: henryjames1003 on July 01, 2014, 05:02:02 PM I'm studying the cryptocurrency's world so i'm want to write an essay(yes, it's homework, yes, i'm studying in university) about cryptocurrency's but each one that i want to explore is "officially dead" few pages of this board ago. It's look's interesting Can you tell me:
-When the Currency is absolutely dead? - how can i check the "current status" of the currency? how can i determinate is the currency is "dead", "dying", "feels good", "rising" and etc? - can you give me an examples of "dead but rise again" currency? - what determinates the chances of succes of some currency? is it marketing or algo's or historical random or etc? Title: Re: Is "XXX is officially Dead" means that XXX is really dead. Post by: Bizmark13 on July 02, 2014, 03:10:55 AM This thread might be of interest to you:
http://bitcointalk.org/index.php?topic=588413.0 (http://bitcointalk.org/index.php?topic=588413.0) Quote from: henryjames1003 - can you give me an examples of "dead but rise again" currency? I'm not too sure since I'm not involved with these coins but I think BBQcoin was a dead coin that was later revived and i0coin was possibly another one as well. Quote from: henryjames1003 -When the Currency is absolutely dead? - how can i check the "current status" of the currency? how can i determinate is the currency is "dead", "dying", "feels good", "rising" and etc? Would you say that Tenebrix and Fairbrix are dead? Most people probably would, but there are still people mining it and running nodes, apparently: The Tenebrix network is weak, but still functioning. I've sent and received TBX as recently as this year. I usually sync the blockchain with my wallet every 6 months or so, usually during computer spring cleaning time, during which I delete all the junk crypto files that accumulate. I could never bring myself to delete my TBX files, however. Altcoins come and go and are nearly all rubbish, but the original alts like TBX seem worth saving for the lulz, the nostalgia, or the history. The Fairbrix network is a bit stronger, I've noticed, but not by much. Of the old altcoins, Liquidcoin has the most spotty network and is the only one I can't consistently sync. I was able to mine LQC until the end of last year, but the network has become extremely weak since then. I see no reason why Tenebrix code couldn't be updated. IXCoin and I0Coin have been updated, indirectly because they have benefited from being merge mined all these years, which not only secured their networks but also kept the coins in the crypto-consciousness; whereas the non-MM coins like TBX and FBX have been relegated to mostly leftover PCs and slow CPUs. Yet it wasn't long ago that IXCoin and I0Coin seemed just as ancient as TBX. I guess you could say that a coin is dead when there are no longer any people maintaining the network. But even such a coin could one day be revived. The code is open source, after all. Title: Re: Is "XXX is officially Dead" means that XXX is really dead. Post by: El Dude on July 02, 2014, 03:47:21 AM A coin is dead when it's 24 hour volume is low like under $100 000.
Title: Re: Is "XXX is officially Dead" means that XXX is really dead. Post by: Bizmark13 on July 02, 2014, 04:14:07 AM A coin is dead when it's 24 hour volume is low like under $100 000. Check out Coinmarketcap.com. A lot of coins in the top 20 have a 24 hour volume lower than that. Title: Re: Is "XXX is officially Dead" means that XXX is really dead. Post by: El Dude on July 02, 2014, 05:36:52 AM A coin is dead when it's 24 hour volume is low like under $100 000. Check out Coinmarketcap.com. A lot of coins in the top 20 have a 24 hour volume lower than that. Yup and they are pretty much going nowhere no big merchant will accept it ever. Title: Re: Is "XXX is officially Dead" means that XXX is really dead. Post by: devphp on July 02, 2014, 05:41:37 AM 'absolutely dead' is easy, but who cares about that.
When there is no development going on, as in no new features added, when the developer doesn't even want his crypto to go to spot #1 and openly says so, would you say it's dead or dying? Alright, you can call it the walking dead, zombie of the crypto currency world :) |