Candice
Member
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Activity: 285
Merit: 35
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November 22, 2018, 12:56:09 PM |
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The encryption market has come to another long-term depression. This also led to a direct collapse of many encrypted currencies. Panic began to spread.
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bitcoinst
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November 22, 2018, 01:02:02 PM |
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Most of the projects have an idea that is directed to the future and can only be implemented in the future. It depends on the technological development of society and the values that prevail in it. The blockchain is well ahead of its time, because of this many projects will fail.
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Galantin
Jr. Member
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Activity: 602
Merit: 2
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November 22, 2018, 01:04:38 PM |
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I think that many projects are under threat now. After all, the market goes to the bottom. Projects simply do not want to participate in this market. And the investments that they received are no longer so big.
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veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
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roy12875
Member
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Activity: 127
Merit: 10
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November 22, 2018, 01:10:21 PM |
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Yes, if you searched the result in the coinmarketcap, you will found that project is not dead, it turn to be fraud, all this shit project have not the real project, no update, no any team activities, and no trading volume in the market, be careful if you want to invest it.
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D3m1r4wanti
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November 22, 2018, 01:36:31 PM |
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some projects did not work properly, their road maps did not match what was planned in the whitepaper so because the project was not running, no one was interested in buying their tokens so that in the end their tokens were worthless and became shitcoin.
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abake
Member
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Activity: 555
Merit: 12
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November 22, 2018, 01:45:04 PM |
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Many projects are dead right now probably due to poor management by the team, lack of interest from investors, strong FUD, poor token economics, no product to look onto, or at worst scam. Some tokens are worthless right now because the team scammed, like Xentimentum which got listed on hotbit, sold off their tokens and deleted their social media accounts. So please be very careful and do proper research before investing in any project. I believe there'll be ways in future to limit scam and projects without anything to offer. If a project has just token or coin to offer, it's as good as dead in the long run.
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Altryist
Legendary
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Activity: 2212
Merit: 1393
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November 22, 2018, 01:46:19 PM |
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According to statistics, 90% of all enterprises and firms die in the period from 5 to 10 years of their existence, I think this is a general statistics that applies to all new projects, crypto currency projects will not be an exception and most of them will simply disappear, scam or just unprofitable enterprise is not important, but the statistics will work.
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mksundip
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November 22, 2018, 01:46:36 PM |
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I saw many projects dead and indicated a scam because they (the project developers) were not serious about developing the project or they were only oriented to the momentary benefits
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Suppen
Newbie
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Activity: 38
Merit: 0
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November 22, 2018, 01:49:29 PM |
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Yes, many projects are down in these times, when the market is so down, and only the projects which have a strong use-case will be able to "survive" this situation. Right now I have a project with a strong use case on my radar, it's called Ludos Protocol and it's a gaming-crypto project and they have SoftBank as a partner so projects like these are worth taking a look on in times like these.
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fayoling
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November 22, 2018, 01:52:12 PM |
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Yes, and many are dead due to lack of financial support, I think many have come to this after they decided to hold eth
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rozak
Sr. Member
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Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
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November 22, 2018, 01:53:05 PM |
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Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
many projects come and not a few projects disappear or die. I also once had a centra coin but I sold it before the coin was lost and had no price. maybe it's a fortune for me. and now if I invest in an altcoin, I make it a habit to analyze it first in order to minimize the risk of losing assets that I invested in the altcoin.
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MasterJek
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Activity: 86
Merit: 10
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November 22, 2018, 02:04:51 PM |
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too many scam projects lately, they only seek profits by deceiving investors and when they get a profit they immediately disappear, so I don't fully believe in the current project. except the project provides clarity for the future.
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stevanGR
Member
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Activity: 310
Merit: 10
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November 22, 2018, 02:05:17 PM |
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Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
every project has their roadmap. you can see it then you can take a conclusion about that project the best thing to do, just take it for short term. bcs in long term it's so risky
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cryptonewsID
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November 22, 2018, 02:33:00 PM |
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indeed many projects die because of the decline in the price of bitcoin and many people experience losses when investing, if now you have money then you should invest for the future.
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KuromaYoichi
Sr. Member
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Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
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November 22, 2018, 02:36:04 PM |
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Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
I already sold most of my token and the rest of the coin that i have already have working product like spectre and i already earn the weekly dividend and i think projects like that are the real deal, they deliver what they've promised and even now in the bear market the price stays above ico price. I prefer project that already release mvp or beta during ico as they prove that the team can execute the project.
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kipozer
Member
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Activity: 490
Merit: 11
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November 22, 2018, 02:36:25 PM |
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I saw many projects dead and indicated a scam because they (the project developers) were not serious about developing the project or they were only oriented to the momentary benefits
There are really a lot of them, but this can be called not projects, these are scam projects that get money in deception and imitate the development, thereby speculating the prices of their tokens.
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valisa
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November 22, 2018, 02:42:41 PM |
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I believe in projects but not all projects I believe, choosing a project must be more selective because there are so many projects that are only looking for a momentary advantage, if you follow a good project the benefits can be quite large, and do not hesitate to save investment in the long run.
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MOProgress
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November 22, 2018, 02:46:41 PM |
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I believe most projects that are seem to be dead these days are only so because of the challenges the market is facing, I know some of them will wake up when the market get well, only those useless coins will die.
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Rtalk
Jr. Member
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Activity: 420
Merit: 1
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November 22, 2018, 02:47:26 PM |
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Many projects have a strong product and team, but due to lack of experience ,weak marketing and market situation can not raise the required amount and therefore fail.They can be confused with fraud.
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