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Author Topic: Many projects are dead?  (Read 11946 times)
KatyaTonkosheewa
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August 25, 2018, 10:50:44 PM
 #561

Yes it is. A cryptocurrency advance are clubs "Mormonism." Which coin has bad technology, outdated, slow, inefficient. Have some coins, all good with technology, but she had not spent a cent. In the coin of bad things. You begin to read documentation and directly there is a wish to tell: why I do it? Moreover, there are already many coins, competition in the crypto-currency market has polished.

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1715589231
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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ELE.ZYK
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August 26, 2018, 02:27:54 AM
 #562

Definitely, not all the crypto related projects will stand the test of time. Most of the projects which fail stem from the fact that they were ran by inexperienced team members who could not draw a feasible project plan to attract investors to it.
Many projects do not really develop and run in the later stage of development. They only exist for money. This is why the project failed.
Wong Goblog
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August 26, 2018, 02:38:55 AM
 #563

This is because people just think crypto currency is easy to create and that they can just copy an existing project code and recreate rename and rebrand and I think we need more than just that.. this is the reason why project with new innovations and new technologies backing them have been doing very well

This is not the only reason, most of the project with a very unique idea also fails due to lack of experienced team. Mostly people focus on fund generation and not on the actual development of the project. After the crowd sale token are listed on the exchanges and team just disappear after some time and the project become dead.
Yes, this is the most disappointing place of ico. Many investors are always concerned about the price rather than the progress of the project,but the price of token depends on the development of the project behind it.

It must be known that there are currently hundreds of ICOs competing for money, because intense competition certainly makes many ICOs fail to reach the softcap and of course the project fails.
stoxalpha
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August 26, 2018, 08:19:23 AM
 #564

Yes, I think so. When the bull market last year, there were many coins on the moon. They are not very good. They just caught up with Bitcoin to take off. But this year is different,

bapetdik
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August 26, 2018, 05:10:05 PM
 #565

Many projects die because of the absence of investors. Investors are important in how the project goes smoothly. So if there is no attraction from the project, no investor will come to invest. so the project must develop good innovation to attract the public or investors.

vladmiranda
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August 26, 2018, 05:12:06 PM
 #566

A lot of them were over valued to heck and their token price has came down to the dirt.
cherryganda
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August 26, 2018, 05:14:03 PM
 #567


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?

Bitconnect and centra has to face the case that is why they left the market with no demands.
but the project and some projects will remain great.
we aonly need to stay strong and believe in cryptocurrency.
the only thing that will give life to any project is demand.
ATSgrowth
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August 26, 2018, 05:17:37 PM
 #568

Current market situation cause that investors are not so risky as year before, they try to find the safe place where they invest their money.
And the safe place is Bitcoin or other altcoins in top 20.

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defyance
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August 26, 2018, 05:20:47 PM
 #569

Yes, there were so many projects that many of them would simply die. It's probably normal that only the best will survive.

dobenklik
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August 26, 2018, 10:59:07 PM
 #570


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 will stick with the project, as long as the project provides benefits and not a scam. because it's hard to know a really good project, even though we have followed it.
Msile
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August 27, 2018, 12:01:07 PM
 #571


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?

That is true, there are a lot of scam projects out there, some have died out and some are still very much operating as we speak, planning their exit. It is not good and it is one of the reasons that so many people are so relunctant to invest in new project. The sad part is, there are still so many scam projects coming into the market each and everyday.
Orang Tua
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August 27, 2018, 12:17:14 PM
 #572


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?

Today, many of them are taking short-term benefits, because many do not carry out their products or technology consistently. They just think, that the most important thing is to return the investors' profits and their own group profits. This is a danger, because they do not care about the technology or products they offer and there is no definite development.
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August 27, 2018, 12:20:45 PM
 #573

I think the reason for this is because of the currecnt situation of the general crypto market and investors are scared of putting their money in icos then some are because they are not legit or lack good marketing but personally, I trust the projects I invest in and will hold them till the market recover from the bear.
suride212
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August 27, 2018, 12:24:00 PM
 #574

Yes, there were so many projects that many of them would simply die. It's probably normal that only the best will survive.
i agree with this, only the best project will survive in this crypto industry. projects that are not well prepared won't be able to compete with other project that are well prepared.
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August 27, 2018, 12:34:50 PM
 #575

I think there are really projects that the developers themselves believed in it and invested not only their money but also time and effort. That is why there are still some coins in the market that even if the price is not improving, they are still present.

Bet9ja111
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August 27, 2018, 12:41:32 PM
 #576

Well I do not share this your opinion that many prayer dead well you might have involved your self quite often in not good project but there are so many nice project in the cryptocurrency world
Jazvebtc18
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August 27, 2018, 12:42:54 PM
 #577


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?

Well mate, crypto market is not in good condition that's why small projects are listed in the coinmarketcap. But there is nothing to worry about because this is just part of the volatility in nature. Some ICO projects don't have enough time to prepare for their launching but despite from it I still believe and trust the projects that I have invested. There are still good and promising project that you can invested. Never lost faith in crypto, will wait and see.
Ivanmikronov
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August 27, 2018, 12:43:52 PM
 #578

All fraudulent ICO looking for benefits here and now, so soon after collecting the pool they immediately dismiss the team sell assembled ETH and just disappear. I also fell several times on such projects, they usually advertise at the highest level and I believed them, but in fact was losing money.
victory.lil
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August 27, 2018, 12:43:59 PM
 #579

Maybe that's because after a long correction period many projects could be frightened by such a collapse of the BTC rate and they might think that their service would not be needed at all, but smart people do not do that, I'm sure that's it.
Freezingel
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August 27, 2018, 12:44:55 PM
 #580

Most of the project indeed only looking for a short term success with excessive marketing and created too much hype so that they can stay relevant for a while, it's not easy to survive in crypto so it's definitely better to look for a project that deliver their promise and platform rather than the one with only exchange.

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