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Author Topic: Why many projects are dead  (Read 3612 times)
Sawadekub
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October 28, 2018, 06:05:49 PM
 #121

I agree. But don't forget that Bitcoin is not in the best condition now. And we all know perfectly well that it has a direct effect on altcoins.
Many investors were scared, so money was massively withdrawn primarily from altcoins. But what to say if many traders who have been on the crypto market for more than a 1 year have been selling their bitcoins... The year 2018 was very hard, many could not stand it and sold all their coins with heavy losses, so it’s absolutely natural that many altcoins now look dead (or almost become like dead).
ajaymukund
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October 28, 2018, 06:08:12 PM
 #122

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
These are projects that have no potential and just want to take money from investors. These are dangerous projects that we need to avoid. To realize this, you need a great team to analyze and evaluate ICO projects. Newbies like us do not have that ability so we need guidance.

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slightmoon
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October 28, 2018, 06:13:21 PM
 #123

Now in every part many ICO and competition is really much. Every ICO trying to get prove them and in race many can't do and fail in the market. Most important thing for any project is community's faith.

RileyPeterson
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October 29, 2018, 04:52:36 AM
 #124

Usually the reason behind the the dying of a coin is it's ineligibility to provide something good or intriguing. But as many project are closing, it's now a random occurrence. But they're probably six. No need to be panicked.
RileyPeterson
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October 29, 2018, 05:11:49 AM
 #125

The market is in a terrible condition right now. The projects where the teams are failing to maintain its potentiality are turning up dead. Morever, people are panicking and withdrawing from any kind of project, that is showing teh barest hint of crashing. As a result, more projects are failing.
DarkIT
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October 29, 2018, 05:18:23 AM
 #126

Because a lot of scam, many teams were not going to develop a product at all, many teams were intoxicated with a lot of money.
And do not forget that there were many technical scams, teams could not do what they promised.
you are right. so many people are affected by money that makes them deceive others by using the ICO system, or something. well, but we can't avoid that, because there are some irresponsible people who will definitely use things like that. so much I see projects that die because of things like that.

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asus09
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October 29, 2018, 05:25:28 AM
 #127

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.


the main thing is that many developers just want to get quick money from investors, and about the ico project that is just camouflage eventually becomes shitcoin, you try to pay attention and learn
there are many ico projects that are almost similar to each other, only a few are good.

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Btcvilla
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October 29, 2018, 05:30:53 AM
 #128

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.

true the main factors are developers and bad teams. there are many ico projects that cannot survive long term because that is shitcoin even though the idea was good initially. this is where manipulation is often done especially when the market is being pumped
apilpirman.bisnis
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October 29, 2018, 05:37:04 AM
 #129

Many project have die not only at the ico time but also when listing at the exchange market, it happen because not trusted of ico owner, many owner have not responsibility after their ico success and never try for listing at higher exchange market.
eka rock69
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October 29, 2018, 05:47:58 AM
 #130

Nowadays many projects are dead or stalled, maybe due to lack of investors or teams that handle them less competently, it would be better to choose a clear project and the team involved professional people, and we must be good at analyzing the clarity of a particular project
qiwoman2
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October 29, 2018, 05:49:26 AM
 #131

A lot of projects are dead because they scammed the Community and they run off with our funds. I have over 70 useless tokens in my wallets that either never hit an exchange or when they did, they died immediately from people dumping them and the Team dumping and then leaving the projects to die a death. The many times I have been scammed in crypto has made me quite disheartened, but I never give up as it's all I got to go on now so I stay in the game, hoping for a turnaround. There are though some good projects and I hope that in the next two years or so they pan out for us because things have been sob ad this year for us.


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Vektrum
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October 29, 2018, 05:58:16 AM
 #132

I do not think that now it is necessary to draw conclusions about what projects have died in this difficult time of a long stagnation of the cryptocurrency market. Many projects may appear dead at first glance, because their tokens could fall in price tenfold. However, this is not a true indicator. Now many coins and tokens have lost in value up to 90 percent of the cost. So far, teams may be engaged in the creation of a working product, while the token may temporarily fall, especially in such a period. When the market begins to grow, then it will be seen which of them is developing, and which one has already left the market forever.
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October 29, 2018, 10:51:26 PM
 #133

Projects are more likely to be invalidated if the promises are not backed up. It is only natural for companies to undergo this form of invalidation for failures in management and flawed ideology.
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October 29, 2018, 11:18:25 PM
 #134

If the project lacks in innovation and proper development than it is bound to fail. If the ICO owner cannot show proper business model and lacks in marketing campaign it will have a hard time to attract investor and surive.
Choakoth55
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October 29, 2018, 11:18:52 PM
 #135

If you don't have a proper business model, you are most likely to fail as an ICO. These projects perhaps lacked in that field. Without good innovations, common people won't be attracted to it. Then again, without a smart marketing campaign, how are you supposed to reach them?
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October 29, 2018, 11:19:08 PM
 #136

There are many fake and scam projects out there as no one is regulating them. Also a good developing team is very important for projects like these. If the management is poor, keeping a project alive is very difficult.
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October 29, 2018, 11:30:06 PM
 #137

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
The projects are negatively influenced by the negative market scenario. The projects are more likely failing at this moment due to the lack of interest of the investors to invest since profit loss is more likely the outcome of the such action as what they have experienced this year. The saddest part of this is that, we cannot really do something against the situation but to just wait for things to be positive.

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October 29, 2018, 11:33:13 PM
 #138

in my opinion some projects are dead because they cannot collect the funds that are expected, but there are some failed projects, they still send tokens as proof that they are not fraudsters.
but they do not have the funds to register in exchange. and finally the coin is useless.

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Kasabus
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October 29, 2018, 11:41:58 PM
 #139

in my opinion some projects are dead because they cannot collect the funds that are expected, but there are some failed projects, they still send tokens as proof that they are not fraudsters.
but they do not have the funds to register in exchange. and finally the coin is useless.
Many project turns into scam and considered to be a dead one. Due to market condition, some projects never reach their softcap and aren't enough to continue their project development and they might decided to stop. But some project owners and team extend their selling period in order to achieve of what they want for.
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October 30, 2018, 01:04:03 AM
 #140

That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.

This is quite the reason but in addition, this is happening to the most of the ICOs because of the current market status in which the bearish market is still in effect in which many people are avoiding this investment temporarily because of fear of losing their hard earned money making most of the ICO to failed to achieve their target cap.
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