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Author Topic: What happens to dead coins?  (Read 531 times)
OneEyedJack (OP)
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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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December 11, 2013, 07:25:48 PM
 #2

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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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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December 11, 2013, 08:24:08 PM
 #4

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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December 11, 2013, 08:31:48 PM
 #5

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

guybrushthreepwood
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December 11, 2013, 08:38:54 PM
 #6

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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December 11, 2013, 08:46:33 PM
 #7

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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