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Author Topic: Will You Support Or Have You Supported A Coin That Makes A Comeback  (Read 550 times)
Greatchu
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October 24, 2019, 02:24:56 PM
 #21

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.
Its rare to see coins that are once dead and come back better, many coins that was took over by new devs died over again, i think once a coin manage to die it should just stay dead, my experience with such coins are bad, in the end they get abandoned

Pearls Before Swine
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October 24, 2019, 02:27:30 PM
 #22

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.
I've fooled around with staking rdd in the past, but it hasn't exactly held its value over time.  Right now it's trading at around 12 satoshis, which isn't really a great performance.  On the other hand it isn't quite dead.  The only thing with that particular coin is that it didn't find the use it was intended to, which I *think* was as a tipping mechanism on reddit.  Members of that forum can already do that with doge and it works fine.

Dead coins to me are ones trading for 1 satoshi and really aren't trading at all, meaning that there are no buy orders in sight.  I've never bought any of those, because it's too risky and I don't have any strong feelings towards any of them.  Nobody wants them, nobody's trading them, and there usually aren't any miners even mining them, so you couldn't send them to a wallet even if you wanted to. 

Who would get behind any coin like that?  I don't think those could be resurrected unless there were a bunch of people interested in doing it.  One person wouldn't make much of a difference.
deathcode
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October 24, 2019, 02:35:06 PM
 #23

Its rare to see coins that are once dead and come back better, many coins that was took over by new devs died over again, i think once a coin manage to die it should just stay dead, my experience with such coins are bad, in the end they get abandoned
come back doesn't always come from a dead coin. those who experience a decline and then back again at the best price we can call a comeback. indeed not much for now. but if you look in the past I've seen it. some coins that go down then go up again even have a better price than the price of their ICO. just look at the DENT token then you will find out how the progress of the growth of the token from stability and then down until many of their investors sell cheaply. but after 1 year of development, the DENT can fly to its peak.
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October 24, 2019, 02:39:56 PM
 #24

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 supported one that "tried" to make a comeback. It didn't worked out as you can understand from the "" parts because we have tried everything we can come up with but the volume and interest was so low that eventually it got all delisted and so we decided not to follow up on it anymore, I mean at one point the owner was literally burning the funds he received in order to keep it listed and have a fake volume but it wasn't enough so we just gave up.

Now it is listed on couple of horrible Chinese exchanges with almost zero volume but that really doesn't mean its on an "exchange" because nobody trades there so all you can do is go sell it for insanely cheaper than what it used to be and get out, I did exactly that. Just went there and sold all my coins to market price and made 20% of my money back and then gave up.

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Byakuga
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October 24, 2019, 02:52:11 PM
 #25

Its one in a thousand coins that come back alive and bring profits for investors , i have mined many altcoins that got taken over by new developers after they are been abandoned but still they have nothing to offer, still useless and worthless

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October 24, 2019, 03:17:25 PM
 #26

I don't have experience such as that because most of dead coins which i have cannot recovering the price but if i facing this situations i think it's all about how to get profit from them so if they really potential to makes good comeback and deserve to buyback because seems showing good sign on the market then i will buy them but as far i know rare to see those kind of coins

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October 24, 2019, 03:32:38 PM
 #27

I will never trust any coin that was once a dead coin and bounce back to live because they will never do better even after taken over by new devs or team, the project must have been half backed from the start, many of them are unfinished ideas from devs that have nothing to offer than pump and dump coins

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October 24, 2019, 03:45:52 PM
 #28

I will never trust any coin that was once a dead coin and bounce back to live because they will never do better even after taken over by new devs or team, the project must have been half backed from the start, many of them are unfinished ideas from devs that have nothing to offer than pump and dump coins
If ever that it shows potential, why not.
If this was adapted by another developer then there is a possibility that this may have a comeback. We can't probably tell by now, but if it happens that a certain coin which is already dead proves itself that it can comeback, then I think it is worth it.

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October 24, 2019, 03:59:56 PM
 #29

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.
Its rare to see coins that are once dead and come back better, many coins that was took over by new devs died over again, i think once a coin manage to die it should just stay dead, my experience with such coins are bad, in the end they get abandoned
I don't have any idea what kind of work can be done since the coin already died and with new dev team it will be a tough job to recreate the trust coming from those previous investors who got disappointed and leave the project. With OP's experienced, indeed it's a rare case that the project become profitable again, the question will be for how long it can take and survive with tough competitions inside the market.
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October 24, 2019, 04:01:11 PM
 #30

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 never supported a coin that originally died doing comeback. I would rather throw a dead coin than have to support it, every month there is always a token that is born, so maybe this is the beginning to choose a new coin. People who always give support to the coin even though the coin is dead, are loyal users, rarely bending loyal users like you.

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October 24, 2019, 04:07:24 PM
 #31

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 depends! If I have a significant amount of holding of that coin which I couldn't sell off, I will probably support that coin to make a comeback after a thourough study! If I see that the developer of that coin is serious about his project and not gonna run away with public money, probably I will support them in their comeback initiative! Otherwise not!

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October 24, 2019, 07:20:55 PM
 #32

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.
No I haven't experience that because back when I was investing in new projects I would always sell it once I gain profit.
And thanks to it I earned some profit back in 2017 and whenever I look back to those project I am happy that I did what I done back then because right now most of them are dead.
But I would say that there are times that I wish I have invested in some project back then that is super low price and manage to move up their price.

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October 25, 2019, 09:53:48 AM
 #33

Its one in a thousand coins that come back alive and bring profits for investors , i have mined many altcoins that got taken over by new developers after they are been abandoned but still they have nothing to offer, still useless and worthless

Its very unfortunate that most of these coins together with its new developers may have hit a dead end and maybe all stakeholders may have also lost interest with the project especially during the crypto winter that started early in 2018.

Now I fear that the stakeholders - the developers and the community would eventually realized that there is no point in continuing a second hand project when all other altcoins with far more superior technology and innovations are also failing in the crypto markets during the bear season and this could result in the project most likely to be abandoned altogether by them.
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October 25, 2019, 10:02:29 AM
 #34

My answer will be, don't know. Maybe I will observe first after the coin makes a comeback because I want to see what they can offer now to people. And if the project has made a new plan and strategy and the team has begun to make changes to the project, maybe I will try to invest with a small amount and give my support. But that will depend on the market situations because if they come back, it will difficult to reach trust from the traders then. If they can prove that they can make a better than before, I think many people will support the project.

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zeze18
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October 29, 2019, 06:53:27 AM
 #35

It depends on the coin's company management. If they have a breakthrough to their coins and will make something big i would definitely invest on them.
If the coin is dead a their company has nothing to do, no chance to the coins for rising up again, so i won't invest on them
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October 29, 2019, 06:59:19 AM
 #36

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.
Naturally I would not, because I expected a coin that has a real working product to have some level of continuity, coca cola product has been on for decades, and people still value their product, so many projects that has existed in decades are still very active in the market, and even if the team that initially established them were no longer there, but the project being a quality one still has some level of continuity, though it depend on the management, so if a product is going to make a comeback, the only thing that would first of all make me to consider it is when I check what make them drop dead initially, if it is not as a result of human error, I can give chance to it, believing that whatever caused the death must have been eliminated, but anything that has to do with human error will never be given a chance to again.

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dcomomal
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October 29, 2019, 05:30:00 PM
 #37

I have not experienced something like that, because all coins that have become dead, are still dead, without any kind of a comeback. But I have the feeling that something similar may happen to ETH, if Vitalik continues to mislead the coin.
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October 29, 2019, 05:48:13 PM
 #38

So far I have never found that, most of my coins that have no volume and eventually die, I have never found it. I hope that there will be some of my dead coins that will come back to life with better developers to produce quality projects.

 
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October 29, 2019, 06:31:59 PM
 #39

No, no way the developers or those who will adopt the coin must have a lot of bags to sell and they want to make a comeback so they can dump their shares that's been sitting in their wallets, A coin's development should be continuous and none stop, to gain the trust of investors, if there is a paused investor will have second thought and  a coin that is coming back are always had a bad history of leaving their supporters.

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October 29, 2019, 06:46:51 PM
 #40

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 never supported a dying coin, the reason is if the coin is almost dead and there is no development or left by the developer, this is not a good thing, but this is a real coin that died. maybe only lucky people buy coins dying and coming back to life or being active again. because we don't know if the coins are taken over by other developers, most of the dead coins are still left by the developer. Very few people want to adopt a dying project.

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