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What happens to dead coins?
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Topic: What happens to dead coins? (Read 532 times)
OneEyedJack
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What happens to dead coins?
December 11, 2013, 07:16:15 PM
#1
What happens to the currencies that don't make it? Does the block chain still exist? Could people still mine it if they wanted to?
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hilariousandco
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Re: What happens to dead coins?
December 11, 2013, 07:25:48 PM
#2
Quote from: OneEyedJack on December 11, 2013, 07:16:15 PM
What happens to the currencies that don't make it? Does the block chain still exist? Could people still mine it if they wanted to?
Some alt coins have been brought back from the dead, Chinacoin for example:
https://bitcointalk.org/index.php?topic=322488.60
http://forum.feathercoin.com/index.php?topic=5562.0
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miners78
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Re: What happens to dead coins?
December 11, 2013, 08:22:08 PM
#3
I guess so, but if they were dead it would probably be pretty hard to even sell them.
guybrushthreepwood
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Re: What happens to dead coins?
December 11, 2013, 08:24:08 PM
#4
Quote from: miners78 on December 11, 2013, 08:22:08 PM
I guess so, but if they were dead it would probably be pretty hard to even sell them.
I think they try revive them so they can make them worth something.
ReBoRn
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Re: What happens to dead coins?
December 11, 2013, 08:31:48 PM
#5
Quote from: guybrushthreepwood on December 11, 2013, 08:24:08 PM
Quote from: miners78 on December 11, 2013, 08:22:08 PM
I guess so, but if they were dead it would probably be pretty hard to even sell them.
I think they try revive them so they can make them worth something.
yes but its need too much effort and right now no one ready for this most of peoples running with rising Sun
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guybrushthreepwood
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Re: What happens to dead coins?
December 11, 2013, 08:38:54 PM
#6
Quote from: ReBoRn on December 11, 2013, 08:31:48 PM
Quote from: guybrushthreepwood on December 11, 2013, 08:24:08 PM
Quote from: miners78 on December 11, 2013, 08:22:08 PM
I guess so, but if they were dead it would probably be pretty hard to even sell them.
I think they try revive them so they can make them worth something.
yes but its need too much effort and right now no one ready for this most of peoples running with rising Sun
It's difficult for sure, but it's probably a lot easier than starting a new coin all over again. Plus, if any miners had some coins previously there's an interest for them to help revive it.
tearfereon
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Re: What happens to dead coins?
December 11, 2013, 08:46:33 PM
#7
Quote from: miners78 on December 11, 2013, 08:22:08 PM
I guess so, but if they were dead it would probably be pretty hard to even sell them.
I saw trading dead altcoins, on exchange the coins exist (as long as the dead altcoin is not removed from exchange)
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