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Author Topic: Are you holding a bag of useless illiquid tokens? Like I do?  (Read 1165 times)
Diego_Armando (OP)
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January 21, 2019, 10:19:29 AM
 #1

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.
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January 21, 2019, 10:23:37 AM
 #2

Lol,most cryptocurrency users have stored up in their wallets coins that are actually useless and cannot be sold for anything reasonable
I actually do not think anything can be done,as your ideas cannot affect the projects or make the coins successful,due to bad planning and improper management some coins have plummeted to form zero and are definitely never rising again.
You either sell off or hold it
Diego_Armando (OP)
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January 21, 2019, 10:56:25 AM
 #3

And if you can't sell?
We need to believe that we have power when we unite.
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January 21, 2019, 11:05:40 AM
 #4

In the world of cryptocurrency now everyone knows that they are having a big problem, from prices to investors, if you bring good news to crypto this year, it will be a very good solution for all, the challenge of buying Bitcoin and keeping it in your wallet for periodThis long step is very good I think.
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January 21, 2019, 11:12:05 AM
 #5

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.
Yes, holding lots of altcoins that I received from bounty and some of those coins are still not listed. Well, if you can do something about this its good, but for sure you have to give more efforts on developing the solution. Good luck for your future team.
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January 21, 2019, 11:18:55 AM
 #6

I did not bought useless illiquid tokens, but i got a lot of them through airdrops and bounties. My plan is to wait and be patient with them, maybe some of them will succeed at the end.

BTC
Ranly123
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January 21, 2019, 12:54:04 PM
 #7

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.

I don't have a bag of tokens but just a pouch of it. I think the best solution for these tokens is to hodl and just keep on monitoring on the project's telegram on when it would be valuable for use.

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January 21, 2019, 02:20:29 PM
Merited by The Sceptical Chymist (2)
 #8

ALMOST everyone in crypto has a bag of useless coins and tokens and
they most likely came from ICO's.

I have liquidated almost all of my tokens back into bitcoin and ethereum,
Three reasons for this:

1. I dont have to be worried and stressed looking at the value falling

2. I dont have to spend valuable time watching the market  movements
in order to hopefully catch a pump and dump

3. Bitcoin is the one with far higher odds of giving a return on those
tokens in the long term.

R


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Wilhelm
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January 21, 2019, 03:08:21 PM
 #9

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.

You have a community then use them.

Here's your plan (based on Fontas pump 'n dump)
It's called "pump 'n dumping shitcoins (R)"

1. Pick a date or price you all want to exit on. (This is your inner circle, don't let anyone else in on the plan)
2. Hype the f*ck out of the coin, facebook, instgram, forums (all of them), etc.. Get every stupid fool wanting the coin.
3. Get the propaganda going (hire russia if needed ;-))
4. Then when a lot of sheep enter the market the price will rise.
5. Keep the propaganda going saying stuff like "Whoaa I just bought XXXX coins. Don't miss the train Chooo choo!!!" (basically lie your ass off)
6. When you get to the exit price / date slowly liquidate your positions.
7. Then watch the bagholders take the fall for you.

BTW. This should be an altcoin thread.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
biskitop
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January 21, 2019, 03:14:18 PM
 #10

good idea, but is it useful? if successful, you have taken a revolutionary step and helped the bounty hunter rise. yes, we admit that since the bear market began in early 2018, all tokens are almost useless. a total of 4 tokens from the 4 bounties I participated in from April 2018 have not been used as profit. but just a little, I still have confidence in the development team. we are waiting for the best results  Wink
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January 21, 2019, 03:15:16 PM
 #11

good idea, but is it useful? if successful, you have taken a revolutionary step and helped the bounty hunter rise. yes, we admit that since the bear market began in early 2018, all tokens are almost useless. a total of 4 tokens from the 4 bounties I participated in from April 2018 have not been used as profit. but just a little, I still have confidence in the development team. we are waiting for the best results  Wink

If you hype the f**k out of it the developers will get more incentive to continue.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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January 21, 2019, 04:46:57 PM
 #12

You are not the only one in the bag has a lot of tokens that today are very cheap. Selling them for that price is pointless.
What do you ask-Nothing just wait in the hope that the market will unfold and these tokens will again cost a decent amount of money.

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avikz
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January 21, 2019, 05:12:36 PM
 #13

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.

You have a community then use them.

Here's your plan (based on Fontas pump 'n dump)
It's called "pump 'n dumping shitcoins (R)"

1. Pick a date or price you all want to exit on. (This is your inner circle, don't let anyone else in on the plan)
2. Hype the f*ck out of the coin, facebook, instgram, forums (all of them), etc.. Get every stupid fool wanting the coin.
3. Get the propaganda going (hire russia if needed ;-))
4. Then when a lot of sheep enter the market the price will rise.
5. Keep the propaganda going saying stuff like "Whoaa I just bought XXXX coins. Don't miss the train Chooo choo!!!" (basically lie your ass off)
6. When you get to the exit price / date slowly liquidate your positions.
7. Then watch the bagholders take the fall for you.

BTW. This should be an altcoin thread.

This pump and dump game only works if that particular token is listed in exchanges, otherwise not! I have a bag full of useless tokens which are not even listed in exchanges.

Like OP said, he is holding meetings with Project leaders, big companies or trading platforms to liquidate those tokens, but I doubt it will do any good because no one will try to revive a dead token which has already earned a bad name and lost investor's confidence. It is easier to create a new token and introduce to the market. I believe it's better to forget about these tokens without wasting time in meetings!

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January 21, 2019, 05:22:56 PM
 #14

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.

A once useless will remained useless. I don't think there are traders who will still try to test the waters on those dead coins as there are lots of opportunities outside.

For those dead coins to be revive, it needs a "SERIOUS" talks to the devs itself which I doubt they will still pursue on it. It must also passed lots of difficulties like exchange listing, new roadmaps, big community, serious marketing, face the current market situation and a decent "capital". If those well established coins are having hard time to deal with the current market behaviour, then what more on those dead coins.

Anyways since you have decided, then do it without hesitation and see for yourself the result of wasting putting your time there.

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January 21, 2019, 06:09:18 PM
 #15

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.

A once useless will remained useless. I don't think there are traders who will still try to test the waters on those dead coins as there are lots of opportunities outside.

For those dead coins to be revive, it needs a "SERIOUS" talks to the devs itself which I doubt they will still pursue on it. It must also passed lots of difficulties like exchange listing, new roadmaps, big community, serious marketing, face the current market situation and a decent "capital". If those well established coins are having hard time to deal with the current market behaviour, then what more on those dead coins.

Anyways since you have decided, then do it without hesitation and see for yourself the result of wasting putting your time there.

What we are holding a lots of our investment but when comes to exchange all of them or not valuable we all know this but there is your hope you'll always there in our mind in someday it will be profitable that's why all currency are still in the market.

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January 21, 2019, 06:35:13 PM
 #16

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.
Are you planning to make us laugh with your comments and ideas, what you can do about the fake tokens that are created and being stuck with you, basically nothing you can do about it. Each and every user in this platform will be having one or the other tokens that have no use at all, the main reason for that is because of the fake airdrops which is aimed at collecting user data base and other fake projects. There is no solution for that, just move on with your life.
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January 21, 2019, 07:12:52 PM
 #17

I have a lot too. ICO tokens that's been useless. Projects that just disappeared after token distributions. Projects that has poor planning that ended up to nothing. What will I do with these tokens? Some tokens are not even listed in exchanges. Sad. I really wish I can benefit from them but I think there is really nothing we can do.

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January 21, 2019, 07:38:31 PM
 #18

I have a lot too. ICO tokens that's been useless. Projects that just disappeared after token distributions. Projects that has poor planning that ended up to nothing. What will I do with these tokens? Some tokens are not even listed in exchanges. Sad. I really wish I can benefit from them but I think there is really nothing we can do.

And I have exactly the same situation. A lot of tokens in my wallet which will never be in demand. And not only from the bounty but also from the numerous airdrops, in which I participated, when I had a little experience in crypto. And the cost of some tokens is so low that the transaction fee will much more expensive.
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January 21, 2019, 07:45:53 PM
 #19

I do holding a lot of tokens that can't be liquidated but what exactly you are planning to do? I don't think there is much you can do, most projects and holding from listing because they are 100% sure that their token/coin will be crushed in this market condition so how you plan to confess them that it will not crush or that it is okay to crush, look at Forkdelta there is selling orders for most of the finished projects from desperate people who are willing to sell with only 10% of the real price. I don't think there will be a real solution until the whole market starts to recover.
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January 21, 2019, 10:59:03 PM
 #20

<snip>
I have liquidated almost all of my tokens back into bitcoin and ethereum,
<snip>
One of two intelligent posts in this thread so far; the rest are just one line shitposts made by members trying to earn even more worthless tokens.

OP, how did you acquire your bag of shit-tokens?  Did you get them through bounties/airdrops or did you actually buy them on the market?  Hopefully it isn't the latter case, because by now people should realize that most of these tokens are worthless or are headed toward zero in the future.  It's no wonder they're illiquid, because no one in their right mind would spend their own money to own them.  IMO all of these tokens are created by people who can make some slick advertising website that makes them look professional--but behind all of that is an idiotic reason for their creation.  

Creating tokens won't solve most real-world problems, and I have yet to actually see where blockchain tech has been adopted in fields such as medicine or even banking.  Surely if the really smart people who are involved in those kinds of professions saw that some token would help them perform their functions more efficiently, they would have eagerly latched onto it.  That isn't happening.  What IS happening is that a bunch of scammers are lying to people who are looking to get in on what they think is going to be the next bitcoin, and they do this with false claims, deceit, and smiling faces.  Then after they've made their money, they're on to the next scam.

You did the smart thing by cashing all your tokens out.  That's what anyone should do if they find themselves in possession of them, and as soon as possible.  And that's IF the tokens are listed on an exchange and IF there are any buy orders.

Sad. I really wish I can benefit from them but I think there is really nothing we can do.
What you can do is get off the pity pot and stop being the sucker on the wrong end of a losing trade.  If you own any ICO tokens, there's someone else who's already made the money off them.

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