Reatim
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October 22, 2018, 10:38:30 PM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
As long as there's investors willing to buy then the coins won't simply die, those coins that's being de-listed by exchanges have been dead for like months, no activity, no volumes whatsoever that's why its only appropriate for them to be de-listed, but this is not the case for bitcoin. And even it goes to $1K, I'm sure that everyone will still try to purchase it because its very cheap at that price.
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krishnaverma
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October 22, 2018, 10:40:09 PM |
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It cannot be used as a reference, because a coin is considered dead or will be delisted from an exchange if the market no longer requests for the coin.
I completely agree with this. A coin with price of $100 each can also be delisted in cases like: 1) Developers were found to be promoting some fraud or pyramid scheme in name of coin. No exchange would like to be associated with such a coin. 2) The infrastructure used in the coin gets hacked. It can finish the coin in very short time.
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dablatair
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October 22, 2018, 10:47:19 PM |
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Hello,
To define a coin as dead you don’t need to look at the price but the activity around it. The price could be low but if there is still some people to trade it, it will not dead and the exchange will take a benefit. But if there is no more development or activity around a coin then it could be considered as dead and then with time trade will stay at 0 and then you could consider it dead.
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mensahkkofie
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October 22, 2018, 10:47:43 PM |
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That is really interesting, I dont think there is a time for any coin to die. I believe all coins would forever exist since people have invested their resources such as time and money in its creation. I think the coins would exist even though their value would depreciate.
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Indrawan77
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October 22, 2018, 11:07:53 PM |
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The one that makes the exchanges delist is not the price but the transaction volume, if the transaction volume is low for a certain period of time then the exchange will delist it, and there is no standard price for a coin to survive, but usually when it reach 1 satoshi and the buy order is low then the coin is no longer got value
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hubballi
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October 22, 2018, 11:13:59 PM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
First of all what you told about Bitcoin which wont happen, it wont touch $1k in near time. About exchange deciding to delist the coin is on the basis of volume of trading on the coin. Until the coin is traded with good volume it will survive in this price dont matter. Another chances are that if the coin nodes or link gets dead then the wallet of the particular coin will be in maintenance until it get clear and if the developer not responding for a long time then also the coin can be dead.
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jamids
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October 22, 2018, 11:28:52 PM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
I think it would depend on what coin it is because volume plays an important role when it comes to knowing as to how much the coin would be considered dead. I don't think bitcoin having a price of $1k would be considered dead. Maybe time will come when it becomes its stable price so merchants would consider adopting it. Many people may have lost the value of their investments when the price came to that amount but if the volume is still there then it wouldn't be dead. If it has low to no volume at all which would mean people aren't interested in it anymore then you can consider a coin dead.
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kvipcn
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October 22, 2018, 11:41:32 PM |
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For a coin to be considered dead, the market volume of that particular coin at a point in time should be reduced. The reduction in the market volume will continue to a point where there is no buying and selling of the coin on the exchange platform. But there is not particular pattern to describe how a crypto coin dies.
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bloodyvio
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October 22, 2018, 11:46:05 PM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
it's not that easy to declare bitcoin dead even though the price falls to less than 1k bitcoin dead can be stated when there is no more demand for bitcoin no demand no volume and people start to stop using bitcoin that's when you can call bitcoin is dead
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blueteam09
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October 22, 2018, 11:46:52 PM |
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When Coins still have a certain level of value, it means that it still exists. The coin is dead when it is no longer valid, and no longer any exchange is made. Any altcoin is trading, and it is even considered Altcoin value. Assess Altcoin dead or alive based on whether or not anyone owns it.
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gesdan
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October 23, 2018, 12:08:38 AM |
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no, i think dead is don't have any value anymore, as long bitcoin have the value as you said $1000 i think bitcoin is not dead right? bitcoin will dead when they dont have any value anymore. in this case, its never happen i think until the future bitcoin will have the value
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DJANAS
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October 23, 2018, 12:13:05 AM |
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it's different from coin to another
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geminiboy
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October 23, 2018, 01:17:51 AM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
the coin will be deemed dead if the sale and purchase volume is 0%, and the second the developer runs away with his community, then the coin is sure to be a dead coin, bitcoin cannot be used as a dead coin, because the death of bitcoin is crypto's death and it doesn't it might happen, regardless of the price of bitcoin he will still stand tall behind his large community
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Bosmuda
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October 23, 2018, 01:44:17 AM |
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I think it will be difficult to say how much coins will die, especially the top bitcoin as a coin in crypto and until now its position is still strong, I think a lot of coins will last a long time and do not experience a fixed price, maybe only a few coins will die to ahead of him later
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antonhuda
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October 23, 2018, 01:50:58 AM |
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When the coin is worthless and no one needs it, that's a dead coin, where the coin has no developer and no market. For bitcoin, I think it will continue to grow and have a safe and high value, many people will search and mine bitcoin.
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seoincorporation
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October 23, 2018, 02:06:59 AM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
The last price in the life of a coin would be zero... that mean 0.00000000... Because if it has a price of one satoshi at least, then it can be managed on markets and people will buy and sell them, but if the price is zero that mean the coin is free and no one would be interested in a freecoin. So, at that point the coin is dead.
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maydna
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October 23, 2018, 02:13:02 AM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
I don't think this will happen with bitcoin because if bitcoin reaches less than $1k, then almost all coins will dead too because the altcoin is following bitcoin. I cannot imagine if bitcoin price is less than $1k now and I think this will attract big chaos in the cryptocurrency and everything will change. But if you want to know about when the coin is dead, you can check for the volume of the coin on each exchange because some exchange makes a limit on how big the volume of the coins needs to reach in a month, so they don't get delist in that exchange.
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xabre
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October 23, 2018, 02:35:25 AM |
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Some coin will be die when the owner of coin have run away and make some exchange listed before have delist this coin, I got at centra coin where scam by owner and regulation at their country and make price is dump, where many exchange delist this token.
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Shreek
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October 23, 2018, 02:39:06 AM |
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price does not affect the delisting process of the exchange, but a small volume is the main factor for delisting coins from an exchange when the price is cheap, but the volume is still large, the exchanger will still benefit, and when the price is zero USD, a coin can be sure to die and the volume will drop dramatically so that the coin is delisted
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Ridwan Fauzi
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October 23, 2018, 02:42:50 AM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
Every reduction of coin/token price will certainly have a cause, that because market conditions of the amount of negative information come so as every trader and investor decide to sells the coin/token and also it can be caused by the coin/token having no function cause of several things so as every investor those who have coins/tokens will sell their assets and make them worthless. Of these two reasons, the first reason will not affect the decision of an exchange for the coin/token to delist in their exchange, cause that things are common to happen in the cryptocurrency market. Expect with the second reason, the coin/token has no interest by some investor or trader so it will be useless for an exchange to continue to be listed in their platform, it will not provide benefits for an exchange.
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