teosanru
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March 27, 2021, 07:32:26 PM |
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We all know that Some coins prpjects not make it long They die so what the main reasons? And how far the coin will go even if its bad project? Let's Say you buy very low cap coin but most of them will reach top 20 coins. Look at the fact how Fast ada uni and aave went to top 20-30 coins.
Question is Where will be end? Can the top 10 or 20 coins disapeare?
So are there average statistics how far the coin goes Before it dies?
I think there are different types of projects. For example, there are certain projects which are absolutely useless and they look like a scam/useless from the very beginning these generally go much below their ICO/IEO price and would never pick up. A certain and most popular set of projects are those whose owners are very enthusiastic at the time of the beginning of the whole process but as time progresses they tend to lose interest in the project and therefore the project dies or they convert the whole project into something which is in trend like the DEFI wave that came recently. But out of all these projects, there is one project which gets some steam and they do one or two trials here and there and tadaa the price skyrockets and then the developing team generally begins the speculation play and just forgets about the project. This is the reason there hasn't been even 1 project which has been 100% successful in what it said in its whitepaper.
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Fivestar4everMVP
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March 27, 2021, 09:41:07 PM |
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A coin which have managed to make it to top 20 and top 30 on coin market cap will hardly die cus it shows that the project is already successful and the company already earning money to keep the project progressing, the only circumstance which will cause such a coin to die is if another product comes on which is far better than the one in top 20 and somehow succeeded in beating the top 20 coin out of the market to replace it, and also, in a rare situation, the project gets abandoned, then the coin will definitely die a slow death, this are just the few of the many reasons.
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Cappex
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March 27, 2021, 09:47:23 PM |
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We all know that Some coins prpjects not make it long They die so what the main reasons? And how far the coin will go even if its bad project? Let's Say you buy very low cap coin but most of them will reach top 20 coins. Look at the fact how Fast ada uni and aave went to top 20-30 coins.
Question is Where will be end? Can the top 10 or 20 coins disapeare?
So are there average statistics how far the coin goes Before it dies?
there is no expiration date, if a project is active and continues to develop and offer innovative services it will be active and its value will grow. UNI is excellent but it is definitely for those who already know this world, I am thinking of projects like CHZ that will reach millions of fans... each project will have its own user base.
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Jackl87
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March 27, 2021, 09:56:21 PM |
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We all know that Some coins prpjects not make it long They die so what the main reasons? And how far the coin will go even if its bad project? Let's Say you buy very low cap coin but most of them will reach top 20 coins. Look at the fact how Fast ada uni and aave went to top 20-30 coins.
Question is Where will be end? Can the top 10 or 20 coins disapeare?
So are there average statistics how far the coin goes Before it dies?
I dont think that projects that are in the top 10 or top 20 at the moment can still die completely. At least if no major incident like a rug pull or hack happens. What can definitely happen though is that a top 10 project slowly loses relevance and therefore slowly but surely moves down in the market cap ranking. This already happened to some top 10 coins of 2018 like neo, iota or dash. So this will probably also happen to a few of todays top coins.
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BaeSuzy
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March 27, 2021, 11:02:04 PM |
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Everything in crypto is very possible, let's say the project got hack or etc. Let's talk about Bitconnect, i think he reached top 10 in cmc so easyly with ponzi scheme, thats why we really need to picky when we want to invested on something, don't just invest because of hype or following your friend without know what project your invested in.
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samcrypto
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March 27, 2021, 11:07:13 PM |
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Everything in crypto is very possible, let's say the project got hack or etc. Let's talk about Bitconnect, i think he reached top 10 in cmc so easyly with ponzi scheme, thats why we really need to picky when we want to invested on something, don't just invest because of hype or following your friend without know what project your invested in.
On a market where everything is possible, its really hard to know what project will die sooner or later. An incident like this is inevitable, so it will always depend on the team developer on how they will handle this kind of incidents. There's no tools to identify those dying project, maybe you can just see them being in active for the past months but it doesn't mean they are dying, you still need to confirm if they still have the chance for them to go up, or they'll remain at the bottom until they gave up.
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7788bitcoin
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March 27, 2021, 11:53:59 PM |
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Mismanagement and greed is always one of the major reason that lead to the early down fall of most projects, Some of the project that raise good money back in 2017 couldn't utilise the money effectively for the desired goal, I guess such huge money was too overwhelming for them and so they let their personal interest over cloud their sense of reasoning to focus on building and developing a project.
Mismanagement and greed was a major part but if you look back majority of the projects that started wanted to raise money and improve their life style rather than coming out with projects that would make a change and since all the projects were raising millions of dollars even with shitty scope the scammers jumped into the market as well to take advantage of it. Overall majority of the projects were intended to be a scam to begin even though the ideas were novel.
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Farma
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March 28, 2021, 02:34:27 AM |
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actually, we don't know when a coin will die or not. however, the thing you need to know is, the signs the project or coin will die is, there is no progress from the project from year to year. And the thing that happens most of the time is, the CEO gets greedy and leaves with all the money. however, it happened in previous projects. in addition, interest in the project has also decreased. if that happens to the coin you're targeting, I think you need to stay away from it.
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Twinkledoe
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March 28, 2021, 02:41:02 AM |
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actually, we don't know when a coin will die or not. however, the thing you need to know is, the signs the project or coin will die is, there is no progress from the project from year to year. And the thing that happens most of the time is, the CEO gets greedy and leaves with all the money. however, it happened in previous projects. in addition, interest in the project has also decreased. if that happens to the coin you're targeting, I think you need to stay away from it.
Questions of the OP are very subjective and it deviates from one project to another. But you can see some warning signals if the project is going to be a crappy one like employing fake profiles. In terms of longevity, check how often they publish updates and the use case of the project. If they are very slow and it seems they are not doing anything, just be on the lookout as they may be in the verge of exiting the game. Also, check for active users of their platform. Because the life of each project depends on its customer or users.
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worldofcoins
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September 02, 2021, 05:37:16 PM |
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As previously mention, 2 main reasons are scam coins, and "lets jump on the train" coins. This basically means many projects just wanna join the ride, but offer no real value, or can't deliver it
Well, Most of the time project dies because it’s unable to fulfil the requirements it was supposed to. Other times- There’s a better product compared to the previous so most people switch / this one is possible but unlikely. Owners are stepping back from their coin (XRP Is the best example) 😂 The project turned out to be a scam after ICO ( this one is common)
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+_-
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lumierre
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September 03, 2021, 04:03:50 AM |
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A lot depends on the trend at this specific moment. If there is a hype around NFT-tokens now, other projects that are not connected with this are in stagnation. Even those that have innovative ideas and good teams behind them are not very popular now. I saw a hype around Defi-projects at the beginning of the summer and at the end of spring, especially yeild farming was trendy, but some time later, hype was over, and native tokens of such projects all went down.
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xypos
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September 03, 2021, 04:08:10 AM |
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There is a good possibility that 5 years from now three quarters of all of the top 20 coins will be different from what it is currently.
I think that it is important to understand the landscape in which we operate in right now. Lots of projects have no real usage case and are severely overhyped and destined for failure because of that.
Even with mega cap companies in the fiat economy, you cannot predict winners. The S&P500 index looks very different to what it was just 10 years ago.
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nomenclatur
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September 03, 2021, 10:19:57 AM |
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depending on the project and the founder who will be able to lift the project in order to get a better project choice because it will die very quickly really need to be fast a lot of projects die because they were abandoned by the owner because if it fails it will definitely make it not run well then it becomes a big problem, of course, the project will eventually sink.
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Jackl87
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September 03, 2021, 10:37:40 AM |
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We all know that Some coins prpjects not make it long They die so what the main reasons? And how far the coin will go even if its bad project? Let's Say you buy very low cap coin but most of them will reach top 20 coins. Look at the fact how Fast ada uni and aave went to top 20-30 coins.
Question is Where will be end? Can the top 10 or 20 coins disapeare?
So are there average statistics how far the coin goes Before it dies?
There are many reasons why a project can die. The first one would be that the project was always designed form the start to just be a quick cash grab for the team, so they just hopped on the current hype that is happening at the moment like Defi, NFT or play-to-earn games then they quickly created a website imagined a roadmap that is based on nothing and just launch the project on Uniswap or pancake swap and hope that they find a few poor fellas that ape in. After a few weeks it will be probably become obvious that the team is not delivering what they promise and the project will die. To one of your other questions: I don't think that a project that is currently in the top 10 or 20 can really completely disappear anymore because those are all multi-million-dollar projects already so the only way that they would disappear would be a epic scam or a massive event like a hack or a critical error in the blockchain code or something.
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wack slacker
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September 03, 2021, 02:04:05 PM |
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Scam projects still happen. They are short-lived or long-lived. There are many reasons to conclude a project is really a scam or not. Most scam projects are initially set up to get money and disappear. Past ICO fundraising projects, DEFI projects. The source code of these projects is empty and mostly copied from other projects for DEFI. For projects that stop halfway because they have no money left to develop the project or the CEO stole money (print more tokens to sell them, take project money and run away, ...) A good example of a scam project is BOS coin- the project that stopped developing the source code. Oyster-CEO of the project printed more tokens and dumped them on kucoin. Some projects stopped in the middle, of which I don't remember the names. For DEFI there are dozens of projects.
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distr@yopmail.com
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September 03, 2021, 03:19:54 PM |
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We all know that Some coins prpjects not make it long They die so what the main reasons? And how far the coin will go even if its bad project? Let's Say you buy very low cap coin but most of them will reach top 20 coins. Look at the fact how Fast ada uni and aave went to top 20-30 coins.
Question is Where will be end? Can the top 10 or 20 coins disapeare?
So are there average statistics how far the coin goes Before it dies?
The main cause of the death of the project was the lack of support from investors and project enthusiasts, which was very low so that the project development financing could not be carried out. many parties make projects that eventually die, this problem is also caused by the project community being not solid so there are various kinds of problems that make the project unable to run, not infrequently we also find them only using the project to deceive investors. it's because the developer is not able to manage the community well. because projects without community support that help their market continue to strengthen could easily fall. many projects when open trade immediately declines and are unable to make developments. in a very long time, the community will definitely go out and look elsewhere.
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fileo
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September 03, 2021, 03:57:05 PM |
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Projects without strong foundation will end up to trash and become dead. It should have strong foundation in order to overcome the unfortunate circumstances that may happen along the journey. Funds, team, community, partnership, and target with passion to pursue the goal to success should be high and determined. Weak project will fade. But the top 10 are strong enough to stay longer in cryptocurrencies ecosystem.
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ayukartika
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September 03, 2021, 04:09:51 PM |
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many factors, actually coins don't last long, especially if the CEO and team are just greedy and are not solid as a team. for that we who want to invest must carefully look at the development of the coin at all times. and what is very influential is of course the coin is not good so investors are not interested.
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gwdf1
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September 04, 2021, 11:05:28 AM |
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Can the top 10 or 20 coins disapeare?
Actually yes, the list of top tokens is also changing with time. What we can be really sure about is that Bitcoin and Ethereum must always be at the top. Other currencies are likely to become less popular. I remember that the top-10 was completely different some years ago. I saw Ripple, Ethereum classic, Litecoin there, but now their places are replaced by BNB, Solana and Cardano.
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guydin
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September 04, 2021, 11:13:32 AM |
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Almost all coin can be die with many reason like developer run away and not responsibility about their coin, before developer run away he sell all his coin supply and make price suddenly dump before delist from an exchange.
You describe the situation when we come across a scam, but actually even working and good projects may die. Sometimes they are too late, it means that hype of such projects is already over, sometimes they appear too early, it means that people haven't been ready for such ideas yet. Sometimes projects just don't have a proper marketing campaign, so there are very few investors. So research of general situation is also necessary.
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