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Author Topic: Many projects are dead?  (Read 11946 times)
FlyingMachine360
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August 12, 2018, 02:02:50 PM
 #341

This is common to the project if they dont meet what they want to there project, more especially if they dont reached the softcap when they conduct a presale to there token.
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August 12, 2018, 02:13:38 PM
 #342

As you know better Crytpo currencies trading or investment is 100% risky so always try to invest or trade the amount which you can afford if you loss it.

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August 12, 2018, 02:13:58 PM
 #343

Yes this is true there are many projects who is Dead or scams. because may projects that i have completed they didn't give any rewards and some projects are not even active in telegram so they are dead.
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August 12, 2018, 02:15:52 PM
 #344

That is of course, the project they do not quality will die
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August 12, 2018, 02:16:02 PM
 #345

A lot of good projects are dying because of exchanges. Many teams were not ready for such queues and prices ... for example, the team planned to be list on a large stock exchange for $ 5,000 in a month, but the exchange did not respond to the request for half a year, and the price for that time increased 100 times. .. Thus, we see what effect the exchanges have on the market ..
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August 12, 2018, 02:17:14 PM
 #346


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?
You are right, to choose a good project or coin is hard enough, because there are no guarantees in their success. At the moment, profit in the short term is almost impossible to obtain, and the tokens that appear on the stock exchange do not show any growth.

Well it's not that easy to spot bogus projects since scammers cam very well set up a good white paper as well. People being wary are perhaps one reason why many projects don't get funded, whether they're scams or not.

 
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August 12, 2018, 02:22:03 PM
 #347

I just found out that I lost enormous ETH worth of an altcoin that emerged from dead project (namely Wankcoin). It was that dead that I couldn't even sync my wallet few months ago.
So you never know if/ when particular project'll get revived - get your coins of exchange and keep your wallet/ private key/ seed backup secure - you may regret if you don't do that, just as I'm regretting now.

boller
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August 12, 2018, 02:22:34 PM
 #348

Yes, this is too bad to know that. But that is the fact, the real of what happen today with the projects, ICO, and coins on the market. This year, crypto is likely very dropped in almost all parties. The projects, moreover, inconsistent or low quality projects can be dead easily during the ICO or after on exchange.
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August 12, 2018, 02:25:54 PM
 #349

the current market situation is very different from the previous year, many projects emerge only to seek short-term profits. before investing we must be very careful in choosing a project.
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August 12, 2018, 02:26:45 PM
 #350

it's quite difficult to choose a real project for now because someone is very smart at manipulation
Zykexia
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August 12, 2018, 02:27:31 PM
 #351

This project that are already dead right now, some might not get the softcap when they have the presale and cannot support the project without the money that they wanted.
Ini35
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August 12, 2018, 02:27:35 PM
 #352

Virtually everyone in the crypto space knows that not every project that comes to this space succeeds. Some of these projects are scam projects. The developers of projects like these abandon them after getting the money they want. Also,some projects lack proper management, due to lack of technical knowhow on the part of the developers and so such project might not be able to withstand the test of time. Notwithstanding, we still have projects that have been able to survive, despite the situation of the market. Projects like this have good products and have been adopted.
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August 12, 2018, 02:28:15 PM
 #353

A lot of investors left the market, no one supports new projects. If bitcoin does not start to grow, everything will be sad.

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Alex_He
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August 12, 2018, 02:32:49 PM
 #354

This is true i also take my time to go through all the listing in coinmarketcap and notice it has reduced. Some ICOs are few that paid and went ahead to be listed in both coinmarketcap and other top exchanges where it can be exchanged. The rest are fake and scam where the developers went away with the investors money and did not pay the bounty hunters.
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August 12, 2018, 02:35:07 PM
 #355

I think there are these companies who were not able to sustain their plans between creating a beta product, marketing, bounty distribution, immediate selling of bounty tokens on exchanges by bounty participants once the token will be available on an exchange. That is why I think this years ICOs are not really in a rush to put their tokens on exchanges.


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williamphay88
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August 12, 2018, 03:40:20 PM
 #356

Every investment would have a risk that will forced us to make a decision. Hold or leave, it depends on the market condition and the project schedule. Before we are investing in some ico project we should make some project analysis.
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August 12, 2018, 03:42:19 PM
 #357

As far as I know, there are a lot of dead projects, so if the time we focus on is decreasing, we have to be prepared, so many new projects are emerging and have good and promising potential, and we have to be careful if we want to focus on a new project.
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August 12, 2018, 03:48:35 PM
 #358

It is inevitable of the market. Because of fierce competition, good and user-accepted technologies will exist. On the contrary, they will be eliminated
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August 12, 2018, 03:49:38 PM
 #359


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 bet that most of the ICO projects are really dead or if not, hanging by the thread. Especially that majority of these are scams and money making mechanisms of scammers.
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August 12, 2018, 03:57:15 PM
 #360

Yes, many projects die because of unfavorable market conditions. Right now I entrust my coins in several projects but there are times when I will definitely exchange my coins on the project into another more promising cryptocurrency currency.
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