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Author Topic: Beware - Resurgence of previously inactive projects  (Read 610 times)
bitsurfer2014 (OP)
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July 01, 2019, 12:57:49 AM
Last edit: July 01, 2019, 04:18:52 AM by bitsurfer2014
Merited by tk808 (3)
 #1

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.
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July 01, 2019, 01:36:14 AM
 #2

most projects are doing their very last pump before their complete exit where the token dies for good and never seen again. that is natural course of this market specially when it is filled with thousands of useless projects that were created only to get pumped and dumped for a shirt time.

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July 01, 2019, 03:16:14 AM
 #3

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that this projects don't really care about their stakeholders.

I don't like it of course we all do when a project stop posting an update after they got funded and then making an announcement, they just want to scam you the second time by making investors believe that they are going to make an update on their project.
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July 01, 2019, 03:43:49 AM
 #4

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that this projects don't really care about their stakeholders.

Many projects in the past were just a made up idea to collect funds. Some did made a cheap version of what they promised for while some even didn't made the trouble to do that. These coins were still speculative in the market, intentionally increased in price and dumped from the team. And once dead they are again collected dirt cheap by someone and again start the market movements and hype.



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July 01, 2019, 05:28:30 AM
 #5

Its always good to stay updated on the coins or tokens you are holding ,any project can stop working or even exit scam any time so once you notice some halt of progress in the project and you genuine fact have been stated about it that might be a warning sign that you have to take very serious before its too late

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July 01, 2019, 05:50:15 AM
 #6

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

It could also be a sign of a meaningless pump and dump - if a coin is rising dramatically for no apparent reason, don't just jump in out of FOMO. Pump and dump manipulation is common amongst lower cap coins.
bitsurfer2014 (OP)
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July 01, 2019, 01:28:11 PM
 #7

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

It could also be a sign of a meaningless pump and dump - if a coin is rising dramatically for no apparent reason, don't just jump in out of FOMO. Pump and dump manipulation is common amongst lower cap coins.

Its very possible that these projects are being revived to cause financial gains on some unscrupulous individuals and that is why  its very important to let everyone be aware of this and take necessary precautions as needed.
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July 01, 2019, 01:51:23 PM
Merited by bitsurfer2014 (1)
 #8

You have a point here. Team members who keep mute during the bear market do not really care about the project, especially those who made promises before ICO and left the community in suspense after ICO.  Some are springing up right now because the crypto market is green, just to cash out.  Some who did ICO now are doing IEO in some low class exchanges, just to cash out.  Thanks for this update, I thought I'm the only person who observed this, let's be safe.  
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July 01, 2019, 01:56:57 PM
 #9

I have some coins like that in my wallet ,I started mining them back in 2018 for months and they stopped updating and the project was abandoned,three weeks ago the telegram channel came back alive ,its a red flag

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bitsurfer2014 (OP)
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July 02, 2019, 01:41:35 PM
 #10

I have some coins like that in my wallet ,I started mining them back in 2018 for months and they stopped updating and the project was abandoned,three weeks ago the telegram channel came back alive ,its a red flag

Yeah I guess we need to dig deeper on the true intentions of the team especially if they didn't provide sufficient explanation on why they simply abandoned the project on previous crypto-winter and they should make efforts to convince the community to gain their trust again. I hope that with further research and inquiries into this projects, then we can likely deduce their true motives with it.
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July 02, 2019, 04:01:28 PM
 #11

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.
This is a typical truth of what is happening. If anyone can take his time to check CMC, you would notice that some coins that have never been noticed on the top 100 , showing a very high uptrend.
I saw a coin yesterday, that traded within 24 hours from it's previous price, which was as low as $0.2 to like $3 and all of a sudden, it went back to the same all time low.
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July 02, 2019, 04:24:18 PM
 #12

80 percent of all projects did the same, because the most part in only caring about the current profit. It is said, but it is true and once the market stabilises, they keep posting updates, because they would influence the price of their token.
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July 02, 2019, 04:29:28 PM
 #13

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.
people who invest on those projects are really fools.

And chances of happening is less,if you find any those projects then list them up here or even on scam accusation section.

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July 02, 2019, 04:43:33 PM
 #14

Thanks for bringing this up. I have not been paying attention to all these sudden "back to life" projects I'm also seeing and yes I do think it's a big red flag especially if they do not have anything new to report to the community like some product release or new strategic partnerships. 
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July 02, 2019, 05:18:04 PM
 #15

Here a roadmap plays its primary role in the great importance of the project,The credibility of the project's administrative staff must be evaluated, The goal here lies in the support that the community receives for the project around the clock.
In my personal view, a particular project can not succeed if its followers are just homeless people who do not write and do not speak just waiting. So publicity is the only reason for success. Roll Eyes
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July 02, 2019, 05:56:55 PM
 #16

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.
I also noticed that these projects have started to actively work after crypto winter. But alas, only those participants who know about these projects will bypass them. You can make a blacklist, but only a few will see it.


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July 02, 2019, 06:01:54 PM
 #17

Those projects will usually die, but there are some bounties that I have made their projects dead but in the past few months they started to work again. I see them as shameless people for only making money
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July 03, 2019, 06:45:50 AM
 #18

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.
Where would they have the time to continue updating their clients when they are busy traveling up and down enjoying the fund they have raised with no intention of really giving any solid project or product, some of them eventually give up in the pursue in the long run, probably as a result if disagreement amongst them or loss of enthusiasm for the project along the line.

Even if this type of projects starts giving red flag by this time, there is nothing more you can do, because any investor must have invested prior to then, and maybe they are one of those projects that have not even entered exchange. Once this sign has been seen, it automatically means it’s time for such investor to just lock up and move on with his life, while new investors should be careful not to fall into same trap.

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July 03, 2019, 07:03:52 AM
 #19

I noticed it too. But I do not think that everything is so simple.
There are many projects that continue to work with minimal coverage of their work. Perhaps they are preparing a lot of things to capture the market in more favorable conditions. Not for speculation, for real use.
But for most projects, yes, we have to agree with OP.

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July 03, 2019, 08:06:24 AM
 #20

I think revival of activities of a project that has gone long dead all of a sudden means there is some fishy activities involved. I think revival of such projects means they have some bad intentions and are in a way trying to scam people. So it is always better to check on history of such projects and act accordingly like investing.

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