mornabo
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November 05, 2018, 09:42:28 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?
For me, if the project is not active anymore that the developers of the project are not active anymore, no more commits on their github repository, just like that and the volume of their project is very low like it's down almost 80% of their ATH. You can also consider their social media accounts if they are still active. At least that's a reasonable reason mate, when developers are no longer active in spreading and updating their coins, they don't make improvements when the price of their coin goes down, and there isn't any response, it's very likely that the coin will die, because the key of coin to be alive is user trust
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sinkfish
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November 05, 2018, 10:47:31 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?
as long there is trade and usage. it will thrive. no matter how small it is.
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mwaqar17
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November 05, 2018, 02:30:34 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 a coin cannot be dead until it is decided by the company or owner/creators of the crypto currency. What you will say on the rise of the price, BTC goes to 20K in very limited time. This rise should be named as ".......". For me it's just investment by the people on particular coin/token. When a currency like BTC, which have gained the trust of the community and is going down sometime due to low investment or more selling, at this point company will take care of the currency so that it cannot be dead.
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ngacengan
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November 05, 2018, 02:58:00 PM |
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Bitcoin prices will die when no one has bought and there is no request anymore because when the price of bitcoin is still valuable then it can't be said to be dead.
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Tagus45
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November 05, 2018, 06:28:30 PM |
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In volatile prices like cryptocurrency, it cannot determine the death of a coin based on a certain value, and if you determine it based on a certain value and you sell it low, then when the coin increases in value you will regret your decision.
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Rune
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November 05, 2018, 09:04:59 PM |
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The price of the coin does not determine the life of death of the project it is the users and the developers that determine if it will die. The price is just a supply vs demand thing and a greed mechanism for people hording to sell higher. The project is more useful if people actual use it and it is becoming better.
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samycoin
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November 05, 2018, 09:41:02 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?
We can't consider that bitcoin will dead when it reaches the less 1k price. We all know that bitcoin start for small amount then it develops in every year. And I think it will not happen that bitcoin will go down to what price we have now.
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Pumapipa
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November 05, 2018, 10:55:52 PM |
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If the coin is under $1000 but still tradeable then we might not consider that coin to be dead. you see there are also coins under $1000 ; coins at 0.0-ish value but still freely moving and has signs of trade-- tat is still alive. but in bitcoin's case diving from $20k to $1k then I still don't consider that coin dead. If it reaches 0.000-ish then we might say that it is over for that coin.
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deppil
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November 06, 2018, 12:20:45 AM |
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If the coin is under $1000 but still tradeable then we might not consider that coin to be dead. you see there are also coins under $1000 ; coins at 0.0-ish value but still freely moving and has signs of trade-- tat is still alive. but in bitcoin's case diving from $20k to $1k then I still don't consider that coin dead. If it reaches 0.000-ish then we might say that it is over for that coin.
You right. even a 90% drop is not necessarily the end of the coin. if Developers have a good strategy to recover and the coin has a strong community a comeback is a possible. but don't even hope like this for a small altcoin without potential. they could die anytime
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Maxre
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https://combonetwork.io/
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November 06, 2018, 02:24:30 AM |
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I think the coin is considered dead not about the price, but how the altcoin trading volume. if no one has bought and sold again in more than 2 weeks then the altcoin has been confirmed dead.
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Johnzky
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November 06, 2018, 04:01:51 AM |
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What is the price at which a coin is considered dead or when an exchange decides to delist the coin? Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
not a good example mate,because bitcoin started to no value so dropping upto below 1k$ is nothing to effect its credibility The only question that matters is the altcoins,there are lots of them that died alreadynd sime are dying,for me as long as the developer is not leaving the coins,this will stay and will still a capacity to bloom in future
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YinShuiSiYuan
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November 06, 2018, 06:48:00 PM |
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More important than the price of whether a coin dies or not, has investors' interest. As long as people trade a coin, it will exist regardless of whether it costs 1$ or much more. If the coin ceases to be used then it can be said that it is dead.
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airdrophunter
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The Exchange for EOS Community
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November 25, 2018, 11:08:21 PM |
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I think when it falls down almost 100% of its base price and when the community and the team behind it is not supporting it anymore. It's more of a scam cryptocurrency for me just like what happened to the infamous BitConnect.
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