Are you holding a bag of useless illiquid tokens? Like I do?

[darkangel11]

I'm holding a bag of Bitcoins that bots have been dumping for more than a year and I'm really exhausted with it all. I feel the same way I felt in 2016 and what saved me from going mental was taking a break from this forum and from checking the price every day.If you're worried that your coins aren't worth a lot now stop thinking about it. Bitcoin cycles are getting longer. They used to be just 1 year then 3 years and now it can be 4 or 5. If all goes well in 2020 we'll be back above 10k.

[1715276031]

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[exstasie]

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.

If you haven't already, stop accumulating them. I'm guessing you did a bunch of bounties for ICO tokens where the project went nowhere? The market is completely saturated with those. Creating demand out of nowhere for these tokens is unlikely, so there's not much you can proactively do.

The best you can do is wait for the market to turn bullish again in hopes that you can liquidate higher. I would just forget about your bags in this environment.

[Butterscotch Cartman]

Same thing can be said about bitcoin, in reality it is shit but there are still a lot of fools that are delusional.  Bitcoin is just as worthless as any of these other coins.

[iMark]

I'm holding a bag of Bitcoins that bots have been dumping for more than a year and I'm really exhausted with it all. I feel the same way I felt in 2016 and what saved me from going mental was taking a break from this forum and from checking the price every day.If you're worried that your coins aren't worth a lot now stop thinking about it. Bitcoin cycles are getting longer. They used to be just 1 year then 3 years and now it can be 4 or 5. If all goes well in 2020 we'll be back above 10k.

Thats right, throwing away you think that bitcoin will no longer be worthy of holding back is wrongthing, you should know that the price of bitcoin will definitely recover, history teaches it. but when to recover it is still a mystery, the cycling of recover can be 1 year, 2 years or more

[Google+]

I also do activities like you but I don't hold too many tokens in my wallet, I realize that the condition of cryptocurrency prices is currently falling so badly that it has a direct impact on token prices and makes the price of these tokens worthless, so there's no choice other than waiting until the price rises again.

[horrifiedx1]

I also do activities like you but I don't hold too many tokens in my wallet, I realize that the condition of cryptocurrency prices is currently falling so badly that it has a direct impact on token prices and makes the price of these tokens worthless, so there's no choice other than waiting until the price rises again.

only a few tokens I keep, just like you. and I have mostly converted to bitcoin or ethereum. because I believe the two coins are consistent. even so I have set aside a portion of fiat currency to meet daily needs. believing and being sure of tomorrow about the future of crypto kept me strong in holding it

[vv181]

No, I don't hold any useless token especially from ICO, but I do hold some of the unpopular low market coins that I believe have some potential like Bismuth. Some of you maybe get the useless token from bounties, it is worth to remember that signature campaign or any bounties based on ICO token payments aren't likely to get you a profit. Actually, it just needs to have a common sense, many of project doesn't reserve a particular fund for Bounty so they make their useless token for the payments, and take the profit for themselves.

[ufaiz50]

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 hold quite a lot of illiquid tokens, I myself don't care about that, the token comes from a failed project, most of the projects failed due to lack of costs and poor management, although it doesn't hurt to try to improve the value of a token, maybe what is needed is an improvement of the concept and the developer who is competent for it, the most important thing is funding, so that illiquid tokens can be more valuable.

[figmentofmyass]

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it!

uh oh. it sounds like this crash still needs to go deeper yet. people are still bagholding tokens and hoping for recovery.

i can't wait for the bittersweet taste of capitulation. it'll be painful as hell watching the price crash below $3k, but this market obviously still needs to be purged of holdout speculators.

i'll say this though: in 2015, i still had a few totally dead coins that i ended up forgetting about. they eventually pumped in 2017---everything pumped in 2017. food for thought!

[traderethereum]

I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it!

uh oh. it sounds like this crash still needs to go deeper yet. people are still bagholding tokens and hoping for recovery.

i can't wait for the bittersweet taste of capitulation. it'll be painful as hell watching the price crash below $3k, but this market obviously still needs to be purged of holdout speculators.

i'll say this though: in 2015, i still had a few totally dead coins that i ended up forgetting about. they eventually pumped in 2017---everything pumped in 2017. food for thought!

I had the dead coins too, but it's not too big, and I cannot do anything with those coins. And if the price really crashes below $3k, I wonder what will happen with the market, and I guess there will be a massive selling from many people because they are very afraid to get a big loss. I also hold many coins in my wallet and although it's not too big depends on other people, I still hold it until now because I don't know what I will do with those coins because of the market still not fully recovered and I cannot sell right now.

[Argoo]

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 have a lot of earned tokens by participating in bounty campaigns ICO. However, while it cannot be said that most of them are useless. Sometimes it takes many years to promote your project. Moreover, it is impossible to judge by tokens in the period of such a long period of falling and stagnation of the cryptocurrency market. Therefore, I am not in a hurry with conclusions. These tokens can suddenly begin to grow in a few years.

[umbara ardian]

when I save a lot of tokens, I will experience a lot of losses because surely when the bitcoin price falls then the price of the token will also fall deeper and will become cheaper, it will only make you lose, it's better not to save too much tokens, you get it from airdrop or bounty campaign so you can save it as long as you want.

[Oilacris]

I think every bounty hunter does, I possess tons of coins that are of no value at all, some have value of less than a dollar compared to the hundreds or thousands of dollars they ought to worth according to the ICO price, I'm afraid there's nothing any exchange site can do about it apparently.

Bounty hunters and airdrop hunters are the ones that holding a full of shitcoins in their wallet right now. If they have prevented that in the first place they wouldn't have any problem on how they are going to get rid all of it.
I don't think OP can do anything about this random coins we had, it's just that it will be forever embedded in our wallet no matter what we do.

[ChrisPop]

I do have numerous bags collected from bounty campaigns that are still not tradable on an exchange but the projects are developing nicely so I'm expecting a surge in price once the tokens do get listed.

[DAVETUN]

Several useless coin in my portfolio, most of such coins are airdrop and from developers that do not have a reasonable idea to offer in the cryptocurrency community, for some coins seems to be useless, I feel when the bull run commence and they are still consistent to the project development, sure they can recover and become usefull.

[basty03]

I think it can't resolve anything about that because it will be there forever because some tokens we have is from scam coin or they called it a " shitcoins". That tokens are abandoned from people that want to scam only and make a dirt in crypto.

[dzhan]

Yes, I have some worthless tokens in my MEW wallet, because I participated before in useless airdrops and bounty campaigns when I started doing the altcoin job. Now I am very selective, and I try to choose carefully the most promising projects before participating in its bounty or airdrop campaigns.

[shesheboy]

Same thing can be said about bitcoin, in reality it is shit but there are still a lot of fools that are delusional.  Bitcoin is just as worthless as any of these other coins.

Lol are serious when you say this ? but maybe you are right because you arent the only one that said this to bitcoin . meanwhile , if btc is shit then iliquid/unliquid tokens are more shitter because you cant sell them for fortune  though they can be a good decoration inside your wallet just to show up your friends that you'v owned alot of cryptos  .

[Halmater]

Like many people, I have those things and don't know what to do. I prefer to wait and I have many frends who do the same thing. I don't feel sorry for those coins and they mean a lot to me than their actual value on the market. Somehow, I can say that I love those coins and I feel myself connected with them in a different way.

[deisik]

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

But aren't their "tokens" called shares? Basically, they have already latched onto it decades ago (with the "technology" being there for literally hundreds of years). So there is nothing to invent for them and the tokens we are now talking about are nothing new conceptually. It is about how they are distributed (via blockchain and smart contracts or otherwise) but this is secondary

Though I agree on the scammers part