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Author Topic: Many projects are dead?  (Read 11941 times)
pazzanegro
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September 16, 2018, 04:36:30 PM
 #901

Many projects are dead because of bad marketing performance or because it was scam from the start. Its sad to see that happens in crypto world. But there also many successful projects. You just need skills to indicate them

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Milla Kross
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September 16, 2018, 04:36:38 PM
 #902

Yes, and I think it's all because of that. That the market correction is not over yet. Therefore, many projects fail. So without starting to work fully. But we will wait for restoration and normal work.
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September 16, 2018, 07:42:13 PM
 #903


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?
Even if the ICO did manage to raised enough funds to move forward with the project, it doesn't mean the project will be successful. Some of them failed to deliver their roadmap and only good at making promises. That's why investors dumped the tokens and eventually the project will fail.
kerzhake
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September 16, 2018, 07:45:46 PM
 #904

Yes, the author of many projects really died as it was predicted by many

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isen
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September 16, 2018, 07:47:15 PM
 #905

A lot of projects are already dead and even more will die. I think that more than half of the projects will be closed in the next six months, I'm talking about projects that have been able to raise funds.
papagravel
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September 16, 2018, 07:48:28 PM
 #906

In practice, it turns out that about 50% of projects die within the first year. Think about it.

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AnnaGeraMsk
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September 16, 2018, 08:09:09 PM
 #907

I think that projects that even out of themselves something represented and their team of experts, in such a difficult time for the crypts is not easy to survive, but somehow they move, but the collected budgets are not the same as in the beginning and at difficult for developed...
@baoli
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September 16, 2018, 08:12:04 PM
 #908

We are in a very long bear market. Most coins that don't have strong hold tends to die away. Projects that dev are still working with too real world solution will stand

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helenbmb
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September 16, 2018, 08:13:18 PM
 #909

Many projects are dead because they do not have a real life problem to solve or real life application.
Bezuprechnyj
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September 16, 2018, 08:25:27 PM
 #910

Often the project is not based on a product that really revolutionizes the industry. But there are times when projects that have a really worthwhile working product die because of absolutely inept marketing. And this, unfortunately, is not uncommon.
danceinthedunes
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September 16, 2018, 08:27:24 PM
 #911

That's normal when a new technology emerges, there are always people who rush to take a portion of the cake, that's why they create projects as fast as possible without actually thinking about how to make one, that happens a lot when you see 10 coins of the same type and with the same functions, at least 8 will fail.
draculaaa
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September 16, 2018, 08:31:52 PM
 #912

The question is: where can I find projects alive?
Many Icos have financed projects now unactive...
Wotoby
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September 16, 2018, 08:48:46 PM
 #913

this opinion is true I see from many baounty and airdrop projects of what percentage is successful and the rest fails. with this we consider having to be more careful to follow a good project by analyzing it first and the trusted developer.
komjhq
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September 16, 2018, 08:57:04 PM
 #914

this opinion is true I see from many baounty and airdrop projects of what percentage is successful and the rest fails. with this we consider having to be more careful to follow a good project by analyzing it first and the trusted developer.
it happens that the problem is not even in the developers, but in the current situation on the crypto-currency market. Sergeyev's company has a lot of scammers and investors have become very little active. They prefer to buy coins more on the exchange. This has a very bad effect on the development of projects.
evichi
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September 16, 2018, 09:11:41 PM
 #915

For projects to succeed, the project has to be worthwhile and the developers most be determined to make it work out. A project that has no impact may not make even if the developers are hardworking. Likewise, a good project with weak developers may not see the light of the day. When a good project is managed with strong developers, the project will succeed. Another issue is that there are too many coins/tokens entering the market at an alarming rate (in my opinion). I think the rate at which coins/tokens enter the market need some form of regulation. A check on the viability of a coin/token could help to strengthen the cryptocurrency industry. For now, it is a matter of personal adventure to make a choice of projects that will likely succeed.

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Borisov
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September 16, 2018, 09:21:00 PM
 #916

Most likely, after this bloody correction, many projects will not survive, and this is good! only proven and strong projects will remain, and they will show good growth !
Maamejane
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September 16, 2018, 09:25:31 PM
 #917

It really hard to predict the future of a project, i would have love to hold my coin for long but due to unsecured nature of the investment you have to play your cards well not to lose everything. So you can withdraw part of your investment when the market is gradually coming up and leave the rest for the future.

CryptoToxicAvenger
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September 16, 2018, 09:29:00 PM
 #918

Yes, there are a lot of dead projects. Cryptocurrency is becoming more popular and, accordingly, more and more people want to make money on it. Someone chooses good ways such as bounty, investment, trading, and someone runs an ICO to raise money and leave. Because of this, and it turns out such a sad situation.
anahata
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September 16, 2018, 09:31:41 PM
 #919

This is eventually going to happen, not everything will survive, even the good ones are being a let down. This all depends on hard work by project team, good marketing and a sheer bit of luck. Now think, if you already have 20 million $ in account, whats your motivation of hard work? Won't you just churn out a new coin and go for another stupid ICO?
giancarlo01
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September 16, 2018, 09:39:02 PM
 #920

Many many projects are dead and even more will die, soon the market is no longer going to function in this unregulated way as it has been, and when it's getting regulated there's not much room for as much garbage as there is today. It's like the IT bubble, how many useless companies were made during this time and disappeared shortly afterwards?
Be careful with your investments, invest in actual real world usage things (and don't invest in anything that promises high returns as a selling point, because that's not how any serious business handles themselves)

If you do want to invest and don't want to get stuck with another bitconnect, I wrote a thread here you might find useful or maybe you have some input Smiley

Well said. I call them shit coins lol. I think All these will reduce when there is an effective ICO regulation body. Most shit coins are obvious, Like the other day I read about an ICO project, which main purpose was to enhance dating through blockchain. WTF? Shit coin lol  Grin Grin
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