martina14
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August 15, 2018, 02:46:15 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?
the last time i saw coinmarkercap which was yesterday i saw the number at 1800++ and they were below 200Billion USD cap. there are many project that are dead now and those are shit coins, scammed project or none developing.
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cleverhope
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August 15, 2018, 02:51:34 PM |
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I think that 80-90% of all projects are scam and can be interesting only in short term. For long term you can look only at top-30 of CMC. Now we have very strong Bear market at altcoins and bears killed all weak alts. I look at the market and dont trust anybody. You can trust only your brain. Always make your own research befor investing in project or new ICO.
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Iamdeadlyz
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August 15, 2018, 02:54:33 PM |
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I usually invest when the team is good and when it's usually one of the recommendations of ICOdrops and ivanontech
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krenus
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August 15, 2018, 02:57:58 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 it all faded away. some of them really intended to that, though. as for your question about investing, my opinion is that long term is wiser
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Asuspawer09
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August 15, 2018, 02:59:03 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?
Profit is really hard to make from projects nowadays due to the market volatility and such unfortunate scenarios with regards to the projects that are being released everyweek. Many are considered to be dead because of failure in progress with regards to the future of those projects. But still, we have no choice but to trust those that we are participating with at this moment because there's nothing we can do as bounty hunters and investors.
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Tulanpa
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August 15, 2018, 02:59:18 PM |
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Many project will definitely dead, simply because some developer created a token without purpose and with only main aim of getting dollars from investor. By the time they get listed on exchange you will not see any buy order, since the token does not have any purpose that will attract people to buy more.
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1cak
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August 15, 2018, 03:01:03 PM |
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I think with the current conditions it is very difficult for some projects to develop their products, let alone the difficulty of obtaining licenses and licenses for a project based cryptocurrency
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Kurokonobasuke
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August 15, 2018, 03:02:12 PM |
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Maybe, once recovery have taken place, tables would be turned. The market is experiencing extreme volatility from the start of this year which might causes such difficulties on earning profit from projects. Once a project succeed, it will be only called "dead" if progress is no more observable. sometimes, patience is all we need given that difficulties are now being faced by the majority of cryptoindustry.
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NikkiS
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August 15, 2018, 03:02:49 PM |
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Many project will definitely dead, simply because some developer created a token without purpose and with only main aim of getting dollars from investor. By the time they get listed on exchange you will not see any buy order, since the token does not have any purpose that will attract people to buy more.
After this long fall, not only fraudulent projects will be dead, but also some real ones that could not cope with the tension and did not do their work, when it need.
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Wellyan
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August 15, 2018, 03:06:43 PM |
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A lot of projects have already died out and as time goes on even more of the projects will die out. A lot of the new projects that you are seeing now will end up dying out in a couple of months or a couple of years because then no body would be using or investing in the coins. This is why you should do a lot of research into any coin that you are putting your money into.
Well, I agree with your opinion that there are many dead projects, this is because of our negligence or we are not careful in choosing a project, to go forward so that we are more careful in choosing a project to avoid undesirable things.
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Impaler
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August 15, 2018, 09:08:50 PM |
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Yeah many of the project is dead after running for some time. I don't know who to blame . Cause sometimes they work really hard but can't save the project cause last few months the market is bearish. I have some coin some of them are working really hard to give a shape to the project but the price is dropping and the volume is effected cause people losing trust. But yes most of closed project is scam or they just want to earn some free money. Mostly lending programs are not good at least I don't trust them after last year bitconnect situation. And now a days it's really hard to identify a good project and if you can it will be hard to join. Lottery or whatever.
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Lima0396
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August 15, 2018, 09:14:26 PM |
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You are right many projects are dead, but what factors contribute effectively to the death of this project. I would state few of them 1. Some projects fail to meet their softcap, if a project refuses to meet its softcap, it can continue with the project. 2. Some projects fail to get listed on exchange, maybe they fail the requirements needed to be listed on exchange.
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chocopapaya
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August 15, 2018, 09:15:30 PM |
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Wow, you chose two of the most high profile scam projects. Did you also invest in titanium? That was another high profile project that got cracked down on by the SEC.
For coinmarketcap, basically any of the coins ranked 900 or more are dead projects. Some of these are near dead; there are still people mining it and there's a tiny community but the coin has no value. A vast majority of them are literally dead though. No one is trading it, it's not listed anywhere, no ones mining it or operating nodes.
Some of these were just silly passion projects or joke coins, but quite a number of them were actual businesses.
It really goes to show, that crypto is not some magical place where everyone will succeed. To think that all of the coins will go up in value is straight up stupid.
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dnsokoljuk
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August 15, 2018, 09:51:28 PM |
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Sure. most of ICO project only have a White Paper and that all. They made moves only during ICO, but after closing - they stopped posting anuthing. Actually, most of projects has only talks about themselves, but neathing to show.
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jjdub7
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August 15, 2018, 09:54:49 PM |
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Yeah many of the project is dead after running for some time. I don't know who to blame . Cause sometimes they work really hard but can't save the project cause last few months the market is bearish. I have some coin some of them are working really hard to give a shape to the project but the price is dropping and the volume is effected cause people losing trust. But yes most of closed project is scam or they just want to earn some free money. Mostly lending programs are not good at least I don't trust them after last year bitconnect situation. And now a days it's really hard to identify a good project and if you can it will be hard to join. Lottery or whatever.
The management and the developers of a lot of projects are honest and hardworking, but failed victims of the market situation and they should not be blamed. The scam projects are a different story, because they are part of the problem.
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QueenCryptomarket
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August 16, 2018, 07:31:21 PM |
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The fact that many projects are dead, I think this is normal. No one canceled the laws of the market. Moreover, cryptology is not regulated by anyone. The market needs changes and they will come in connection with this situation.
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tifani05
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August 16, 2018, 07:34:16 PM |
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many projects die because of lack of team strength and management, then the objectives of the project are not mature, usually these factors make the project die and there are many other factors, so we must be selective in choosing the project.
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bney
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August 16, 2018, 07:48:07 PM |
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Not dead. the main reason is bad market conditions. Many projects are changing their roadmaps to delay the Icos. It will be ok asap after recovering from the market. No worry about that.
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barabeku
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umachit.fund
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August 17, 2018, 01:19:06 PM |
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I personally took the decision of not keeping the coins from new projects. I sell them and make investments in BTC and ETH. Nowadays, most of the teams just leave the Projects and keep the investments with themselves.
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Mishael
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August 17, 2018, 01:27:06 PM |
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Indeed, many new projects and this is very fun, but after entering the market they have low value, and many are left behind by the community. So that it is considered to have less potential, in this case, most are only for daily trading.
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