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Author Topic: How does an altcoin die?  (Read 567 times)
Jet Cash (OP)
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December 24, 2015, 08:49:42 AM
 #1

Presumably if a number of people still have copies of the blockchain on USB sticks or somewhere it may be moribund, but not actually dead. I guess if a number of people made a few transfers, and did a bit of mining, it could be revived. I suppose the question really is - would anybody want to?

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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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e-coinomist
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December 25, 2015, 10:09:14 AM
 #2

Nope.

Altcoins are usually dead from early beginnings. Pumping mostly equals some dark arts of necromancy.

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December 25, 2015, 01:44:09 PM
 #3

If the source is available you can bring an alt back to life.  The thing is why would you bother?
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December 25, 2015, 02:51:59 PM
 #4

Presumably if a number of people still have copies of the blockchain on USB sticks or somewhere it may be moribund, but not actually dead. I guess if a number of people made a few transfers, and did a bit of mining, it could be revived. I suppose the question really is - would anybody want to?

Would it be profitable?

R


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peteycamey
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December 25, 2015, 03:00:53 PM
 #5

1. developer not dealing with the coin.

2. coin being non innovative (clone).

3. investors not buying it.
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