Will You Support Or Have You Supported A Coin That Makes A Comeback

[robelneo]

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

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[SamboNZ]

Reddcoin when i was active it was trading at 8 satoshi and people were calling it a dead shitcoin because the value plummeted to 1 satoshi. Didnt knew that it would one of the profitable coins during the bullrun.

[DaMut]

I had once supported a coin named peercoin, it was a dead coin and someone took over it. It gave me a profit, the price went up from a few litoshis into a few satoshis.
after a series of a pump and promises, someone from the team dumped a lot of coins on the market and abandoned it. That was the last time I supported a take over project, even though someone else took over it again. I have lost my interest in supporting that kind of project because I keep have a feeling the team will do the same thing again when the market rises.

[lobat999]

It depends on the situation as we have to consider many factors before we support an inactive  project again.

First and foremost, we have to find out if the there is a need to continue the project along with its unique innovations and technologies not found in other projects.

Secondly, we have to ascertain the capability and integrity of the developers or the core team that will takeover the project and also find out if they are dead serious on that endeavor because if they are not committed enough, the project will most likely fail in the long run.

Lastly, we should find out if there are sufficient supporters backing up the idea of a takeover and further development of the coin because I believe that a project without community or supporters is also bound to fail.

I think these are the basic questions that we need to answer first before we decide to support such  kinds of projects. Imho.

[robelneo]

I had once supported a coin named peercoin, it was a dead coin and someone took over it. It gave me a profit, the price went up from a few litoshis into a few satoshis.
after a series of a pump and promises, someone from the team dumped a lot of coins on the market and abandoned it. That was the last time I supported a take over project, even though someone else took over it again. I have lost my interest in supporting that kind of project because I keep have a feeling the team will do the same thing again when the market rises.

I have the feeling that they want to take over it, so they can dump their bags because they don't have to create from the scratch, it's already listed in the Coinmarketcap, a lot of articles about the coin/token are still alive and there are exchange that still not delisting the token, all they have to do it to make promising announcement about the new take over team and voila it will soon have a buy order and they can dump their bags.

[rmhuntley]

It seems I will not do it, because in my opinion supporting dead coins in the market for pumping is very risky. We must be careful with the market, a group of people might play with this type of coin. I have a decent coin to sell in my wallet, a few days ago the price was at the pump but only temporarily and now there seems to be no sign of going up anymore.

[Bonwin]

Thanks @OP. That is what I have always wanted to experience with the coins in my wallets, even though their token sale events were successful, yet they seem to be dead now and were not even listed on exchange before they became dead, except that they were traded on DEX for some times. If they eventually comeback, I will support them and if they turn out to yield good results, I will be glad.

[CryptoBry]

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

This is my first time to be aware of that development in Xtrabyte...sadly I think I already lost that coin somewhere in an exchange I could not anymore pinpoint. Anyway, I am happy to see that Xtrabyte is given a deserving new life am sure that many hodlers are happy right now. Yes, I would not have any problem with a coin that is looking for another chance and I think we should encourage dead coins to either resurrect their projects and do the Second Coming or look for another group that can be interested to revive the said coin for the sake of those who believed in the project in the first place. In fact, the second time around can even be sweeter and more fulfilling, just to rephrase a popular saying.

[Kersh768]

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

I have trust with the coins I'm holding such as XRP, LTC, BTC, and the likes along with other coins having prices close to zero. These coins are not yet dead but the decrease on its market value from the previous year is enough for me to sell it already but I choose not to. I have witnessed what happened before, when the market value of cryptos were very low and when the prices are at their peak. I am well aware of the cryptos' true nature. This made me stick with the plan of holding until the prices recover.

[Kvalentine]

I have no reason to trust such coin anymore once it was dead, as per my experience with resurrected coins they still perform worse and i can't help but keep asking myself why they are been created in the first place, no real use case or working product and that is what course the death in the first place

[lobat999]

I have the feeling that they want to take over it, so they can dump their bags because they don't have to create from the scratch, it's already listed in the Coinmarketcap, a lot of articles about the coin/token are still alive and there are exchange that still not delisting the token, all they have to do it to make promising announcement about the new take over team and voila it will soon have a buy order and they can dump their bags.

That scenario is more likely to happen especially if the project don't have any significant features or technology to offer to the crypto-community and is just a copy pasted fork from a previous project.

Unfortunately, many people have fallen prey to these kinds of tactics even before the advent of ICO's.

[GreatArkansas]

This is very tough decision.
It is like; selling your shitcoin at loss, and buying it again.
I really don't think so that this is effective especially a coin that has very small amount of market cap. There are very small percentage of chance to make comeback when the market cap is very small and when their project started to vanish out of nowhere.
I really don't think so that once a coin is already dead, it will resurrect, lol.

[alyssa85]

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

It's more likely that if a deadcoin makes a comback, the bagholders will dust off their wallets and sell their coins and breathe a sigh of relief. The selling will of course kill the coin again.

[Red-Apple]

every single shitcoin that has ever been created had always had a cycle of pumps. there are certain shitcoins that are worth less than 100 satoshi that are being pumped every 10 months on average. there are shitcoins that are being pumped every 2 years, others every couple of months and so on.
so the answer to your question from everyone's perspective is yes there is always a shitcoin that has been pumped and made a "come back" although they have never been capable of reaching the ATH they reached during their single massive pump.

[Baby Dragon]

It depends on the situation as we have to consider many factors before we support an inactive  project again.

First and foremost, we have to find out if the there is a need to continue the project along with its unique innovations and technologies not found in other projects.

Secondly, we have to ascertain the capability and integrity of the developers or the core team that will takeover the project and also find out if they are dead serious on that endeavor because if they are not committed enough, the project will most likely fail in the long run.

Lastly, we should find out if there are sufficient supporters backing up the idea of a takeover and further development of the coin because I believe that a project without community or supporters will also bound to fail.

I think these are the basic questions that we need to answer first before we decide to support such  kinds of projects. Imho.

Point well made, if you think that there is a huge chance that you will be gaining a huge profit then go for it but before that you should do your own research so you won't regret anything if your decision does not turn out good. Well we don't have to underestimate it unless it was proven that it is not worth it unlike any other coin.

[Free1bitco.in]

it is true that at this time I am still holding shitcoin in my wallet in the hope that there will be new developments for it so that this coin can have a price that is worth it. however, until now there has not been a coin like that. for some coins, I get good information for it like buybacks, new markets, and other application development. it's just that it doesn't have any development after that information. however you are very lucky to have a coin like that.

[DaMut]

I have the feeling that they want to take over it, so they can dump their bags because they don't have to create from the scratch, it's already listed in the Coinmarketcap, a lot of articles about the coin/token are still alive and there are exchange that still not delisting the token, all they have to do it to make promising announcement about the new take over team and voila it will soon have a buy order and they can dump their bags.

That is exactly what I was thinking after seeing them dumping a lot of coins on the market, that is also the reason why I stopped believing in take over or revival project.
almost all of them took over the project because they want to dump their bags after collecting it for a period of time.
it is hard to see someone with good attention right now, mostly they are doing it for money and profit.

[smyslov]

I don't support this take over team, we never know if these are the same people who wants to scam people for the second time, and right now there are no coin in the market that returned or has a take over team, because people are wiser now, you cannot fool them the second time, they will check the history why the coin has gone and tries to make a comeback.

[tenakha]

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

We all face situations like this. But, mostly we have been waiting for nothing.
The opposite has also happened. At the end of 2017, there was MNX, after it was listed the price had fallen to $1, but within three weeks it had reached $90. I made a very good profit through it. But now it is under $0.10. As far as I know, they have been so messed up this year because of fake news. I am lucky I got to take advantage of it on time.

[Fappanu]

We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.

Xrtabyte was also supported by me. its market value is 0.00000001 or 1 satoshi and i bought 500,000 XBY for 0.005 BTC previously. But I don't make a lot of money here because I sell it for 150 sats to 200 sats right away.

Its highest price was 3000 satoshi which I regret so much because I could not imagine its price to go that way.