lelylely
Member
Offline
Activity: 602
Merit: 10
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December 27, 2018, 05:09:07 PM |
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I also got a valuable token, I just ignored it because there was no benefit for me. And from the garbage tokens I made more careful in choosing projects.
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supermine
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December 27, 2018, 05:15:03 PM |
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I have done some bounty campaigns that were unsuccessful.. Also some were scams. But I have received some tokens from few of that projects. So I need to know this, Is there any opportunity that can I use this tokens? Nothing you can do with those tokens and it is called as dead weight tokens,all you can do is creating another wallet and send all those tokens to those wallet and hoping some of them will get listed in future if their development team wake up but remember you will need Gas to send them tokens.
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Cling18
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December 27, 2018, 05:20:22 PM |
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I am also holding coins without good values in my wallet but I guess we should accept that we couldn't do anything about it. The best thing to do is just to hodl and wait until it is tradable with a good value. In this case, we could only apply holding because we can't use these coins in any ways.
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cabron
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December 27, 2018, 05:20:49 PM |
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I suggest to save these tokens maybe If we pass the bull season, these coins' prices will increase and you make profits from these coins. In our wallet, these coins are harmless. I have many coins and most of them scams but I save it and will this is best way.
Wishful thinking. If bull season came, its the tokens that can potentially be profitable are the ones that will start the bulls, not the shitcoins. Though it won't hurt if those tokens just stay on your wallet, it may be clean if you can send it to an address whichever address that may be or simply to the 0x000000.. to burn it.
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adzino
Copper Member
Hero Member
Offline
Activity: 2996
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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December 27, 2018, 05:50:26 PM |
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I have done some bounty campaigns that were unsuccessful.. Also some were scams. But I have received some tokens from few of that projects. So I need to know this, Is there any opportunity that can I use this tokens? Failed project? What do you think the price of the coins are going to be? If the coins still has some value, go dump it. Get rid of those. Most of them will be doing the same, they will dump it until the coin becomes valueless. Or you can just add them to your collection of tokens/coins (but if it has some value sell them first and acquire them later when the price gets dumps to few cents).
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bitgolden
Legendary
Online
Activity: 2968
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
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December 27, 2018, 05:54:40 PM |
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I am also holding coins without good values in my wallet but I guess we should accept that we couldn't do anything about it. The best thing to do is just to hodl and wait until it is tradable with a good value. In this case, we could only apply holding because we can't use these coins in any ways.
Yes, we do not have any other big options other than simply continue holding them. I have lot's of coins and token which are obtained from various bounties,campaigns and airdrops but most of them are valuing nothing. Honestly I have a forgot them some long time back itself as moving them into an exchange also a big loss for me. I guess this is not a problem just for me but I believe most of the people from this community is also experiencing such a problem. Just hoping for the better things to happen in coming days when the crypto market will be finding its good days. Other than this, I believe nothing we can do right now with those coins. We may go for donating them but I believe no one will be accepting those valueless coin. Because, this is not a vintage thing to donate when we are not finding them not useful to us.
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acheampong64
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December 27, 2018, 05:56:54 PM |
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Lol....this is one of the most hilarious thread I've found this week. Anyways first of all we should know a shitcoin is shitcoin and hence they'd have a near zero value. Anyways because you can't do anything to change that, i think you should bet on holding for sometime maybe things may turn around.
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hamba laeh
Full Member
Offline
Activity: 799
Merit: 100
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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December 27, 2018, 05:57:46 PM |
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I have done some bounty campaigns that were unsuccessful.. Also some were scams. But I have received some tokens from few of that projects. So I need to know this, Is there any opportunity that can I use this tokens? this has become a risk for every bounty participant ... because every bounty participant must experience such an event. where the tokens they receive cannot be marketed, so that they can only be used as a collection of wallets ... so please accept it because it has become a risk for every bounty participant
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harapan
Sr. Member
Offline
Activity: 1876
Merit: 306
Vave.com - Crypto Casino
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December 27, 2018, 05:58:38 PM |
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forget it, let it stay in your wallet. My wallet is also full of useless coins, especially from Airdrop.
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salad daging
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December 27, 2018, 06:03:06 PM |
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I also experienced something like that but in the end we didn't know how many results we would get from all the coins we collected because in addition to the development of the coin project, there were still a number of factors that greatly influenced the results that would get an example of when we would sell the coin because different days will be different in price and therefore accuracy is needed in determining the time to sell
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el kaka22
Legendary
Offline
Activity: 3682
Merit: 1166
www.Crypto.Games: Multiple coins, multiple games
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December 27, 2018, 06:15:05 PM |
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we do not have any other big options other than simply continue holding them. I have lot's of coins and token which are obtained from various bounties,campaigns and airdrops but most of them are valuing nothing. Honestly I have a forgot them some long time back itself as moving them into an exchange also a big loss for me. I guess this is not a problem just for me but I believe most of the people from this community is also experiencing such a problem.
Just think about the time and energy, you spent for collecting those coins and unlike you many people would have spent their hard earned money for buying those shitcoins. I mean to say this is really unfortunate that this community is not taking any guidelines or protection measurement for getting rid of those scam attempts. Yes in my view, all these shitcoins are directly or indirectly an attempt to scam us. We must need to react against them just for maintaining a balance in this community. Just hoping for the better things to happen in coming days when the crypto market will be finding its good days. Other than this, I believe nothing we can do right now with those coins. We may go for donating them but I believe no one will be accepting those valueless coin. Because, this is not a vintage thing to donate when we are not finding them not useful to us.
You must be coming up with a good resolution for your useless coins. In that case, please let me know. Just kidding. Jokes apart, I like to suggest you to keep on holding them because no one will know when at least one or two of your holding may get pumped and you will recover some reward for your time and energy. Keep holding them.
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MirclIX
Jr. Member
Offline
Activity: 392
Merit: 2
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December 27, 2018, 06:15:28 PM |
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To ensure that there are no worthless coins in your wallet that cost nothing, first of all it will be a good idea to be careful about the choice of the project in which you participate. The market is very volatile, and instead of selling short-term coins for very little money, it may be worth the wait and they can grow. You still lose almost nothing.
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necromastery
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December 27, 2018, 06:15:53 PM |
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I suggest to save these tokens maybe If we pass the bull season, these coins' prices will increase and you make profits from these coins. In our wallet, these coins are harmless. I have many coins and most of them scams but I save it and will this is best way.
Wishful thinking. If bull season came, its the tokens that can potentially be profitable are the ones that will start the bulls, not the shitcoins. Though it won't hurt if those tokens just stay on your wallet, it may be clean if you can send it to an address whichever address that may be or simply to the 0x000000.. to burn it. Me, I just keep it in my wallet, especially an ERC20 token. I made these worthless tokens as a number of experiences where I was unlucky and my work is not valued at all. After all, I like to see there are many types of tokens that I have in one eth address.
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jahepahit
Member
Offline
Activity: 866
Merit: 10
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December 27, 2018, 06:23:22 PM |
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if the project is a scam there is nothing you can do with the token, forget about the project and go to look for project that can give you many benefits and you need to remember, be careful so you don't meet with the bounty scam again
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cameron_EMI
Copper Member
Jr. Member
Offline
Activity: 40
Merit: 2
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December 27, 2018, 06:36:02 PM |
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Sometimes, I just leave them in my wallet and forget about it. If you are being a honest citizen, here's what I would do as a US citizen:
If you worked for those coins from bounty campaigns, you can report the earning amount at the particular time you received them and if they turn out to be worthless, then you can trade them away for loss and write them as capital loss tax and they can be as deductible to reduce your tax bill.
DISCLAIMER: Not a tax advice, please check with your accountant or tax adviser.
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kewlc3s
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December 27, 2018, 06:38:43 PM |
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Basically you can't do much. If project is dead, send them away. Or, here was an interesting solution, you might try - https://bitcointalk.org/index.php?topic=3470128.0Guy is buying ERC20 wallet tokens - Especially unlisted tokens!! Never tried, but it might help you
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Ini35
Member
Offline
Activity: 448
Merit: 12
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December 27, 2018, 08:18:22 PM |
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I have done some bounty campaigns that were unsuccessful.. Also some were scams. But I have received some tokens from few of that projects. So I need to know this, Is there any opportunity that can I use this tokens? There are lots of shit coins that some people by chance, have been able to get some profit from, but after that it becomes useful, because nobody will want to buy them. That is more reason you should be very careful of the type of coin to invest in. I have also got some shit coins that I cannot even sell, let alone having any value or even price. Invest in coins that have got good value.
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markalis
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December 27, 2018, 08:22:59 PM |
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we can't do anything but just leave it alone, but if you want to eliminate it, just send it to another wallet and just leave it
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NikkiS
Full Member
Offline
Activity: 434
Merit: 100
The Protocol for the Audience Economy
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December 27, 2018, 08:25:30 PM |
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I suggest to save these tokens maybe If we pass the bull season, these coins' prices will increase and you make profits from these coins. In our wallet, these coins are harmless. I have many coins and most of them scams but I save it and will this is best way.
Wishful thinking. If bull season came, its the tokens that can potentially be profitable are the ones that will start the bulls, not the shitcoins. Though it won't hurt if those tokens just stay on your wallet, it may be clean if you can send it to an address whichever address that may be or simply to the 0x000000.. to burn it. Me, I just keep it in my wallet, especially an ERC20 token. I made these worthless tokens as a number of experiences where I was unlucky and my work is not valued at all. After all, I like to see there are many types of tokens that I have in one eth address. I think they will just remain in the wallet and nothing can be done with them, some coins have not even gone to the stock exchange and are hanging on the wallet of people with a heavy load.
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keepandhold
Jr. Member
Offline
Activity: 223
Merit: 1
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December 27, 2018, 08:32:04 PM |
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I have done some bounty campaigns that were unsuccessful.. Also some were scams. But I have received some tokens from few of that projects. So I need to know this, Is there any opportunity that can I use this tokens? Only one option is to wait for the general growth in the cryptocurrency market, it is possible that some of your shitcoins will revive and pumped, do not miss the moment to get rid of the illiquid asset.
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