MIZANUR5033
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Activity: 364
Merit: 10
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August 13, 2018, 07:09:04 PM |
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Once I think I understand this marketplace but as I know it day by day it gives me lots of surprises as well. Now you just spoke the truth about this market many projects are dead and it's very difficult right now to decide that which projects run in a long-term and which will be gone again in this situation I think I will try to save my investment first. If I get any price form anywhere for my any projects which are still hanging I m sure within no time I just sell them all to protect my money. Let's see what happen next.
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zedaq
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Activity: 420
Merit: 10
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August 13, 2018, 07:44:28 PM |
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The number of projects that no longer work does not count, for one simple reason. They just do not show anything, if the project does not publish anything, then we can say that it does not work. And there are a lot of such projects. But it seems to me that this is not an indicator.
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Harlen.t
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Activity: 266
Merit: 10
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August 13, 2018, 07:44:33 PM |
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For the current market situation, this is normal. Weak projects die as a result of natural selection. Someday this was supposed to happen.
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OculusMan
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August 13, 2018, 07:46:54 PM |
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Yes, many of the projects feel very bad now but I think that after there will be a market turn that I expect at the end of this year, all the altcoins will be pulled up and restore prices
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ILScoin
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Activity: 224
Merit: 10
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August 13, 2018, 07:48:47 PM |
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There are a lot of shitcoins in the market we need good cleansing of the market, if you check top 100 of Coinmarketcap in 2014 majority of the coins there are dead now won't be surprise to see some dead coins now
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ForTheAzerot
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Activity: 308
Merit: 10
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August 13, 2018, 07:50:17 PM |
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I invest in the crypto currency in the top 10, because now there is no confidence in small projects, the prices for them can quickly decline.
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estupido
Newbie
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Activity: 90
Merit: 0
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August 13, 2018, 07:58:58 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?
Yes, that's the problem, in fact most of the projects that have been abandoned are dead but some still survive |
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admtall
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Activity: 322
Merit: 10
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August 13, 2018, 08:02:46 PM |
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Projects do not stand the pressure of the market and die, this is a natural process, also it was when the market was on the rise, so it does not depend on the market condition
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dedocry
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August 13, 2018, 08:04:51 PM |
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many this is the gently thing you can say, look at the market, there are thousend of shit coins, Atcoins which have potensial in future not more than ten or twenty
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Andromada
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Activity: 378
Merit: 10
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August 13, 2018, 09:09:58 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 would say that many projects are dead and at least as many projects are approaching death. It's getting harder and harder to hold onto a place to be in the market |
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Yeahnoh
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Activity: 127
Merit: 3
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August 13, 2018, 09:24:41 PM |
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It is sad, but most of them would probably not last long enough, there is too much competition at the moment and too few innovative ideas which leads to the good projects getting all the attention.
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Nasonn
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Activity: 616
Merit: 1
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August 13, 2018, 09:47:25 PM |
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Sadly, it has become a common practice in crypto. Many project only had the intention of riping unsuspecting investors of their hard earned money, they never had any intention of developing the project.
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curly228
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Activity: 322
Merit: 10
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August 13, 2018, 09:49:34 PM |
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Unfortunately this is so, so many deceptions and it's sad. I want more good good projects without deception
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WhiteShum
Legendary
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Activity: 1834
Merit: 1001
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August 14, 2018, 10:03:12 AM |
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I think it's 80% of the ico was a fraud. I believe that this figure will not change until they come up with something new to trust the projects
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Rony24h7
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Activity: 336
Merit: 10
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August 14, 2018, 06:44:03 PM |
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Cryptocurrency market is a very interesting day by day. Once you just start to think that you understand this market within some days later this marketplace will give you another shock! Funny is in it?
I see lots of blockchain projects are coming in this market and people are invested in this like hell men.
Many people gain lots profit with doing this and many are failing its also a brutal reality of this market. If we see lots of projects are dead nowadays and this shook the market very badly and this thing impacts a lot on many investors.
Many investors are already gone by seeing their loss and they are such demotivated by seeing their money just gone into the water. Now the thing is who to claim to this failure. The answer is such a lack of knowledge about what should I say more.
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Red_Evil
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August 14, 2018, 06:51:21 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?
Yes, that's the problem, in fact most of the projects that have been abandoned are dead but some still survive i don't think so. not all cryptocurrency listed on coinmarketcap, and not all cypto that didn't listed in coinmarketcap is scam. it depends on their developer. because some project didn't send their detail project to coinmarketcap. that's why they are not listed in CMC |
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Antiplus999
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Activity: 336
Merit: 10
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August 14, 2018, 06:54:13 PM |
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Of course, with the passage of time, many projects will disappear from the market and for various reasons, so it's worth keeping your money in a trusted token.
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Honourable11
Newbie
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Activity: 224
Merit: 0
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August 14, 2018, 07:01:08 PM |
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Many projects are dead because most of them are scam project, while some fail to meet up the requirements to launch.
Some even fail to have a backup plan or plan b
To fall back to incase of any issue.
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Baxta
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Activity: 308
Merit: 17
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August 14, 2018, 07:02:58 PM |
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Somewhere I read information that most projects exist for a maximum of a couple of years, then die. There are certainly very promising projects that live long, but they are few.
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Norihiro
Full Member
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Activity: 448
Merit: 102
APOLLOX Protocol
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August 14, 2018, 07:05:01 PM |
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This is real truth. Even in relation to many decent projects that's the sad truth... market is just overflowed with various tokens and that's the result.
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