Bitcoin Forum

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

most projects are doing their very last pump before their complete exit where the token dies for good and never seen again. that is natural course of this market specially when it is filled with thousands of useless projects that were created only to get pumped and dumped for a shirt time.

I don't like it of course we all do when a project stop posting an update after they got funded and then making an announcement, they just want to scam you the second time by making investors believe that they are going to make an update on their project.

Many projects in the past were just a made up idea to collect funds. Some did made a cheap version of what they promised for while some even didn't made the trouble to do that. These coins were still speculative in the market, intentionally increased in price and dumped from the team. And once dead they are again collected dirt cheap by someone and again start the market movements and hype.

Its always good to stay updated on the coins or tokens you are holding ,any project can stop working or even exit scam any time so once you notice some halt of progress in the project and you genuine fact have been stated about it that might be a warning sign that you have to take very serious before its too late

It could also be a sign of a meaningless pump and dump - if a coin is rising dramatically for no apparent reason, don't just jump in out of FOMO. Pump and dump manipulation is common amongst lower cap coins.

Its very possible that these projects are being revived to cause financial gains on some unscrupulous individuals and that is why  its very important to let everyone be aware of this and take necessary precautions as needed.

You have a point here. Team members who keep mute during the bear market do not really care about the project, especially those who made promises before ICO and left the community in suspense after ICO.  Some are springing up right now because the crypto market is green, just to cash out.  Some who did ICO now are doing IEO in some low class exchanges, just to cash out.  Thanks for this update, I thought I'm the only person who observed this, let's be safe.  

I have some coins like that in my wallet ,I started mining them back in 2018 for months and they stopped updating and the project was abandoned,three weeks ago the telegram channel came back alive ,its a red flag

Yeah I guess we need to dig deeper on the true intentions of the team especially if they didn't provide sufficient explanation on why they simply abandoned the project on previous crypto-winter and they should make efforts to convince the community to gain their trust again. I hope that with further research and inquiries into this projects, then we can likely deduce their true motives with it.

This is a typical truth of what is happening. If anyone can take his time to check CMC, you would notice that some coins that have never been noticed on the top 100 , showing a very high uptrend.
I saw a coin yesterday, that traded within 24 hours from it's previous price, which was as low as $0.2 to like $3 and all of a sudden, it went back to the same all time low.

80 percent of all projects did the same, because the most part in only caring about the current profit. It is said, but it is true and once the market stabilises, they keep posting updates, because they would influence the price of their token.

people who invest on those projects are really fools.

And chances of happening is less,if you find any those projects then list them up here or even on scam accusation section.

Thanks for bringing this up. I have not been paying attention to all these sudden "back to life" projects I'm also seeing and yes I do think it's a big red flag especially if they do not have anything new to report to the community like some product release or new strategic partnerships. 

Here a roadmap plays its primary role in the great importance of the project,The credibility of the project's administrative staff must be evaluated, The goal here lies in the support that the community receives for the project around the clock.
In my personal view, a particular project can not succeed if its followers are just homeless people who do not write and do not speak just waiting. So publicity is the only reason for success. ::)

I also noticed that these projects have started to actively work after crypto winter. But alas, only those participants who know about these projects will bypass them. You can make a blacklist, but only a few will see it.

Those projects will usually die, but there are some bounties that I have made their projects dead but in the past few months they started to work again. I see them as shameless people for only making money

Where would they have the time to continue updating their clients when they are busy traveling up and down enjoying the fund they have raised with no intention of really giving any solid project or product, some of them eventually give up in the pursue in the long run, probably as a result if disagreement amongst them or loss of enthusiasm for the project along the line.

Even if this type of projects starts giving red flag by this time, there is nothing more you can do, because any investor must have invested prior to then, and maybe they are one of those projects that have not even entered exchange. Once this sign has been seen, it automatically means it’s time for such investor to just lock up and move on with his life, while new investors should be careful not to fall into same trap.

I noticed it too. But I do not think that everything is so simple.
There are many projects that continue to work with minimal coverage of their work. Perhaps they are preparing a lot of things to capture the market in more favorable conditions. Not for speculation, for real use.
But for most projects, yes, we have to agree with OP.

I think revival of activities of a project that has gone long dead all of a sudden means there is some fishy activities involved. I think revival of such projects means they have some bad intentions and are in a way trying to scam people. So it is always better to check on history of such projects and act accordingly like investing.

They are probably fake if truly they ignored your inquiries during that period. The last bear market was really an interesting way of identifying the fake and real projects. Guess everyone has learned their lessons with all the ignores from the projects.

I don’t think that would be the right choice for the crypto community. Especially those who already have their investment stock in it, if they get the hype now and their value picks up, those investors would be able to quickly pull out their fund before it gets dump finally and become a shitcoins.

This is not so much surprising to me, I can see that altcoins season is very much approaching, during the altcoins season is when you see developers of deadcoin also rising to quickly push their products to the public through several means of promotion, and I think they even use more off airdrop then, which is why we sometimes see some dead coins suddenly rise to its peak during alt season. There are so many altcoins that I have in my portfolio now that looks dead , and I will support them in anyway if it will make me get my money back.

I guess you have a point but its a little bit tricky if I will include them in a blacklist without much evidence and just a hint alone. First I want the crypto-community to have a sense of awareness on this occurrences and subsequently maybe those who have in invested directly on those a projects would stand and could make a scam accusations based on their evidences so that we can hear their sides more clearly about this matter.

I also began to notice that many projects began their activity again. And the most interesting thing they started to do slyly. Many simply changed the names of their projects under the guise of what they did rebranding. They kept their telegram chats, accounts in social networks, etc.

I totally agree with you. Why will they be quiet for so long only to resurrect now that the crypto market is looking green? Let's be guided. In my opinion, I think these people dont really care about their investors, leaving them clueless about what exactly is going on. That's totally unfair. If they are active again, it's not a good sign

Funny as it is, but that's totally true and their intention is clear they are out to scam more people, but they will fail. Imagine a project going cold and all of a sudden rising? No one will take it serious as they have learnt their lessons.
Nevertheless, we should be careful because they will come with good Incentives to draw people, let's always endeavour to research and safeguard your funds.

I beg to disagree, any project that leaves its community alone without any update or news is very unethical and unusual. I suppose most of these projects don't give importance to their community especially since most of them don't have any product development or roadmap updates and nothing to show off to the community other than their broken promises. Conversely, the crypto winter is a shallow alibi for them not to get in touch with their own communities since some projects also managed to give updates and constant interactions with its people and continued its product development regardless of it.

Usually, but however in a market that is truly unstable like this for now it is very rare. Last year I also often took part in a really good project, the Russian Project if I was not mistaken, and entered into the Yobit exchange, unfortunately their coins could not be listed in Coinmarketcap, where is it now unknown. I also did not see any news of the last Pump for the coin.

I'm ever in this place and situation where the inactive projects are coming.
Well, actually, as an investor, we must always update the chance of the new projects whether they are developing or progressing or not.
But with the resurgence, what will happen actually? I'm still confused about this kind of situation.

I ever find out several projects that are considered as a dead project, but then, its resurgence is rising and surprised most investor or token holders. Actually, this may happen, but so rare. However, in fact, a legit project will always offer long-term investment worth. It means that sometimes, we need more than 2 years in order to allow the projects to grow on the market. We cannot force the projects to grow in a quick time.
When the resurgence of the inactive projects are coming, it really signs that the project may be legit enough, with certain real products and we must watch out and analyze more about the projects.

I noticed this scenario some weeks back. Old and failed cryptocurrency projects juggling up in the wake of bitcoin moon to see if the can cash out on unsuspecting members of the cryptocurrency community. Everyone should beware

If a project has acquired a new development team who's active and have a good reputation then it can be worthwhile investing in, but if it's just being pumped and dumped without anyone contributing to its development and community then it's unlikely to be a viable long term investment

yup right, I also experienced this, the project that I thought died then gave me an epic comeback, at that time I was sorry. But I also realized that my decision was also right because not all projects had the same fate, maybe there were only 1: 100 projects like that.

Now I'm monitoring a new MB8Coin project, where this project is the top choice project according to coinschedule last year. And now it looks like a dead project, but I'm sure this will surprise you later.

Yes, I have already seen several resumed fundraising projects of ICO, which have already conducted their own ICOs. If they simply did not raise enough funds for their project or suspend it, then I don’t see anything wrong here. Even good projects during the bear market could not collect even the minimum amount.
However, I was recently surprised when I saw that the Taklimakan campaign, which last year conducted the ICO and issued its TKLN tokens, and which I received for signing up for the campaign, signed the ICO, again began to raise funds. It is really necessary to beware.

Well, with every investment that you do online you should use caution before investing in it. The idea of the project resuming shows that the developers could be interested in building their project.

IEO trend is in vogue, they will return and IEO on a good exchange

I guess that will not be easy to convince the previous investor or community to join in the project because I think they are getting a bad experience from the previous team or developer. And maybe that will be a hard job for the new development teams to convince the new people to join in their project. They need to promote in many places as they need to build a new community to help them to reach the new goals.

When one sees events like this repeating itself again then the bull market is confirmed, just wait for some months and we will start reading about projects scamming people and disappear, this is a good news for those bag-holding the coins because it would give them hope of the price going up

Seen some projects doing ICO last year which were assumed scam by its bounty hunters but now are slowing getting alive in their telegram channel.  The Swipecrypto project for instance, didn't pay their bounty hunters but stopped their presence in their channel but this time there appears a new admin and then seem they are going to continue the project.

I smell something fishy with those projects but in fairness with them yet though I'm a little bit skeptical, I was thinking that unless they can show product updates or better yet release a final product then my resolve is to take caution on this projects consequently.

It's a harassment for which involving in like this project, also for bounty participants it's a harassment for their. and many of this type of shit projects only coming for scam with publics!

Thank you for bringing this up. Most people are yet to see the truth behind these projects waking up from their great slumber. I think if a project should go mute over a length of time only to wake up when the market is favourable, such project should be stayed away from because they have nothing to offer.

I agree with you , we must be carefull about revival of inactive projects after long time no activity.
They may only want make a pump or dump only in the market.

In fairness, there might be some exceptions since still there might be some sound projects who had been much affected by the recent crypto-winter and had been less active during those days but had gone more active these recent days but I guess we have to be more cautious especially for those projects which up to now don't have any Github activity or at least a beta version of the product to show to the community. :)