FutureToken
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Activity: 56
Merit: 0
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November 29, 2018, 09:54:24 PM |
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I wouldn't look at this as a bad thing even though it is a fact to be honest. Once BTC made the first success, Pandora box was opened and it became normal that every second person builds a coin. It's like a startup, the idea has to be great, the project needs to be great and of course, it has to be accepted and spread in the community. Less altcoin projects can be looked at as a positive thing. Scams and bad projects failed and now you have less projects out of which you should select one or couple to invest into. Take a look at BTCN, it seems interesting because a lot was invested into the idea and the project. They are already present in several credible exchanges and have a strong community. Plus, they reached CMC in no time! These are good features to look at when selecting your next investment. And with less projects available, it would be easier to select a diamond amongst 'shity coins'.
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PanGiMoon
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November 29, 2018, 10:06:26 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?
Trust the projects of course good, but we need to check them out. I think many faced with the fact that invested in a project that is not so thoroughly studied before entering, and then lost everything because of the fact that the project died. But a good analysis is not always the key to success, sometimes the project seems good, and then it turns out not to be as it seemed before.
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hlarisimus2014
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Activity: 406
Merit: 10
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November 29, 2018, 10:57:45 PM |
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The cryptocurrency market is going down and small projects will not be able to survive. It seems to me that this wave of fall will cease soon.
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Zythiphill
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Free Crypto in Stake.com Telegram t.me/StakeCasino
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November 29, 2018, 11:24:11 PM |
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A lot of projects which are already dead , I think even during the sideways trend may die still a lot of projects I need to translate all the fundamental coins and keep them
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UNOE
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Merit: 273
This is personal
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November 29, 2018, 11:29:47 PM |
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Today information from Steem team makes me wonder how much longer crypto projects could survive within this bearmarket. Many projects are dead, but i do not want such a thing to great projects which needs just a little more time to grow.
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Lubang Bawah
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November 29, 2018, 11:34:36 PM |
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The cryptocurrency market is going down and small projects will not be able to survive. It seems to me that this wave of fall will cease soon.
All users and investors don't expect that this year's market will be 100% different from the 2017 market, the main thing that makes the market down is the number of scam projects because now it's easier for people to make master nodes and tokens based on ethereum, EOS, Waves and so on.
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eidoscore
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Activity: 723
Merit: 106
STABILA [STB] - Decentralize The Financial System
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November 29, 2018, 11:34:58 PM |
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without any development for the projject of course many project are died. developer just take money after crowdsale and just developing the project for few month and leaving the project that's why the project are dead.
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Impaler
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Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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November 29, 2018, 11:49:24 PM |
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Yeah thing happen all the time some project stayed some are gone. This market is a very huge battleground many of the project doing it and when the project is simmiler it's hard to survive.plus many ICO and projects just scammed people or liquid the money. Many have just failed. So their is a lots of people and many projects. And if you take it from here you will see most of them will chose their own way in own side. And many of this proj CT will dump. That's what matters.
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the1arty
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November 29, 2018, 11:58:44 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?
according to the latest news I have heard, 70% of all projects do not have even $100 daily volume, that is pretty insane. Even with such a market, the prices for getting listed on exchanges are pretty high. That's why many projects are listed on the small noname exchanges, where is a high risk to trade it and lose all of it. Especially, after what happened to EtherDelta, it may happen to kind of any exchange. Many small/medium projects are still very active though, but trading volumes are terrible.
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AlutBitcoin
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November 30, 2018, 05:20:10 AM |
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Due to the current market conditions, team members are losing hope as well and the problem is that nobody is working hard on their product release. The industry will die, if we would not see a lot of working products in the upcoming years.
If the team members will lose hope then what the investors and community will do with that project. It is important for the success of a project that the team members do not lose heart and they work hard for the project and they have to know that in the future the market will give a great success to their project.
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disconnectme
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November 30, 2018, 05:24:56 AM |
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It is just funny to see people think that Bitcoin Bull run would drive all the Altcoins up, this is wrong assumptions because 90$ of these Altcoins are dead, if not developer is working on a project, how do you expect it to forge ahead and keep up with the present and future dynamics. Please be well positioned in a right project not just keep tokens for keeping sake and hoping the price would go up
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mulia sabee
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November 30, 2018, 05:42:13 AM |
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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?
did you see their team before you made an investment? my advice to all participants of this forum. before investing in an ICO on a project, you should first identify their team to avoid cheating. thus we find out information about their project potential.
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fly99
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Merit: 10
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November 30, 2018, 09:48:56 AM |
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I believe this is true, but now the cryptocurrency market has depreciated sharply, all coins have depreciated, and now we can't judge which coins have died. This can only be analyzed through the growth of the market. This is a long process.
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Mehel.kb
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November 30, 2018, 09:53:33 AM |
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I don't think that a project dies like that. Most of the projects are in dormant state. The market is flat and we are not seeing any significant changes yet. Once, price of the bitcoin start to flourish, many dormant projects and their respective altcoins will soon be in the front line. The percentage increase in the value is more in an altcoin than the already established coins. So, to sum up I would say you should just believe in the project and wait for it to grow as cryptocurrency is still new and needs acceptance in the global market.
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logic123
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November 30, 2018, 11:40:19 AM |
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yes... because coin devs are just making money in short from the new coins so project are just going die in short-time.
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simak84
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Merit: 41
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November 30, 2018, 12:13:20 PM |
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I agree that there are more and more bad projects today. And most important thing that, because of such a large number of unsuccessful projects, fewer and fewer investors came to the cryptocurrency market.
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gwaposakon
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November 30, 2018, 12:35:54 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?
I think not all failed projects were created as scams. Some of these have a real platform and a legit team. But the current bearish market has affected the sale of these projects and failed in their ICOs. The team had no choice but to stop the project. Some refunds their investors but some, because of anonymity, have decided to just run away completely.
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Prompyboo
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Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
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November 30, 2018, 01:03:07 PM |
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A lot of projects which are already dead , I think even during the sideways trend may die still a lot of projects I need to translate all the fundamental coins and keep them
Projects cannot be defined as dead if they have no trading volume or low price. do not worry. when the market starts to grow many projects will start to live again
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MishaSER
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Merit: 103
BIB Exchange
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November 30, 2018, 01:28:03 PM |
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I believe this is true, but now the cryptocurrency market has depreciated sharply, all coins have depreciated, and now we can't judge which coins have died. This can only be analyzed through the growth of the market. This is a long process.
If you look at the market, then projects that have a real product are very few. Many projects in about 1-2 years implement their products. To judge this is still too early.
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Wong Gendheng
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November 30, 2018, 01:37:36 PM |
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Natural selection applies, coins that are not seriously supported will die, there are already hundreds of coins and tokens that are worthless and I hope this can convince investors to buy coins or projects that have a long-term vision.
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