Faeton
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Activity: 308
Merit: 11
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October 23, 2018, 05:53:17 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?
While the situation in the cryptocurrency market is very difficult, it is difficult to determine which project is promising and which one should already be considered dead. In addition, after the ICO, many teams first give priority to the development of the project, rather than a token. Projects themselves can be implemented for years before their tokens begin to grow in value. Therefore, it is not necessary to draw hasty conclusions. |
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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aircrusan
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October 23, 2018, 05:56:05 PM |
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Cryptocurrency has been dormant for a long time. And this is not the worst thing that happened to happen. Those coins that have not disappeared without a trace may be returned in the future.
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nangiarushali
Copper Member
Jr. Member
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Activity: 257
Merit: 2
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October 23, 2018, 06:01:00 PM |
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Yes, because many people are trying to trick others for their greed. Also , there are many projects in the market which do not have any strong company behind it and they vanish from the market very soon.
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deepakg2m
Copper Member
Jr. Member
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Activity: 490
Merit: 2
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October 23, 2018, 06:03:43 PM |
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May be, because some very genuine projects with promising coin growth are also available in the market. We have to be careful from the projects that are trying to trap innocent people.
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o.ogurlu
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October 23, 2018, 06:13:52 PM |
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Yes, in the crypto world, many projects are dying for not finding enough fund. And some projects died for not predict the fall in the market. In the future too, many projects will die or success. And the new projects will always arise instead of the dead projects.
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akitha
Member
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Activity: 742
Merit: 10
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October 23, 2018, 06:48:58 PM |
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yes, they are a lot of projects that are dead, even after the ico was finished they left their project already..
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crudpuppy
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October 23, 2018, 06:56:53 PM |
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yes, they are a lot of projects that are dead, even after the ico was finished they left their project already..
Some projects actually revived because people were finding the coin to be useful for crypto. |
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draculaaa
Member
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Activity: 233
Merit: 13
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October 23, 2018, 06:57:08 PM |
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yes, they are a lot of projects that are dead, even after the ico was finished they left their project already..
Yeah this is the case of scam project. Another ones completed to develop it and disappeared. |
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yesyoupump
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October 23, 2018, 07:02:15 PM |
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yes, they are a lot of projects that are dead, even after the ico was finished they left their project already..
Yeah this is the case of scam project. Another ones completed to develop it and disappeared. I cannot count the times I was scammed during the bounties. Recently russian team of Sint disappeared. Ubiatar is a notte example! |
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gendang_cinta
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October 23, 2018, 08:05:03 PM |
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yes, they are a lot of projects that are dead, even after the ico was finished they left their project already..
Yeah this is the case of scam project. Another ones completed to develop it and disappeared. I cannot count the times I was scammed during the bounties. Recently russian team of Sint disappeared. Ubiatar is a notte example! this is a risk that we must accept sincerely because this is not a rare thing because only a few percent of many projects are living and developing. so we really have to be careful if you want to invest in Crypto. |
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yslyv
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October 23, 2018, 08:15:34 PM |
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It is so normal that most of the projects die in a while. Because there are so many projects and most of them are crap useless or even a scam. Those kind of projects die sooner or later.
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turn the page
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Snaic
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October 23, 2018, 08:27:29 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?
This is a natural process. Constantly some types of cryptocurrency will appear, others will disappear. It'll be this way forever. However, if individual coins are excluded from exchanges due to the fact that the trading volumes of these coins or tokens have dropped to a minimum, this does not at all mean that this coin or token has died. It is especially difficult to judge this now, when the market fell and stagnated for a long time. Some types of cryptocurrency can still recover when the market starts to grow. |
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Borisov
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Activity: 336
Merit: 10
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October 23, 2018, 08:44:35 PM |
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In this market, the strongest survive, and this is a normal trend, This protracted correction will also provoke an outflow from the market of weak companies.
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Perrigeni
Member
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Activity: 182
Merit: 10
Crypto Depository Receipts
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October 23, 2018, 09:15:45 PM |
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Many projects die and many projects live. If the project good it lives. If the project bad it dies. Everything depends on the project.
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cuenzy
Full Member
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Activity: 532
Merit: 103
Fast, Smart, Trustworthy
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October 23, 2018, 09:24:13 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?
Because most of the ICOs and projects only here for business of taking profits and not for the real revolution that crypto in general try to uphold. Some business and startups create tokens or coins that is not essential for their business idea. They only want to fit in this space as financial people are quite interested as well in this economy. |
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Obolo
Jr. Member
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Activity: 182
Merit: 1
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October 23, 2018, 09:40:56 PM |
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The current situation of the crypto market brings about the ideology of survival of the fittest. The market has been really bad to sustain some upcoming projects. These projects start then within few months or weeks, they shut down and end up being scammed., You as an investor will have to study the project you want to invest in before taking action. If not, look for the old stable projects and invest with them just to save your funds from getting into the hands of developers whose projects turn up to be in a mess.
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marcitosi
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Activity: 196
Merit: 1
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October 23, 2018, 09:58:01 PM |
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I hope that in the future even more projects will cost zero because the market must get rid of so many absolutely meaningless projects.
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https://bitzon.io/ |
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Eildosa
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Activity: 572
Merit: 10
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October 23, 2018, 10:03:13 PM |
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Yes, not all projects will succeed. I also had to lose money because I invested in projects that did not meet my expectations. Of course I trust the project I invest in, but trust is not enough. The success of the project depends on many factors.
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Norihiro
Full Member
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Activity: 448
Merit: 102
APOLLOX Protocol
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October 23, 2018, 10:19:32 PM |
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Actually yes, most of projects are showing really low activity now and it is very bad for market and our community.
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Elonripeto
Newbie
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Activity: 80
Merit: 0
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October 23, 2018, 10:23:07 PM |
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many more will follow suits as dead coin!! that is why i say before investing look at the technology been promised and ask yourself which one is realistic
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