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Kyraishi
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September 20, 2021, 06:53:00 AM |
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By definition, there will be no way for you to dispose of these coins on a liquid market.
The best hope that you have is just to hold them and wait until the developer comes back and a exchange lists them. But other than that don't expect to get any value out of it.
If you have the resources you could even try to revive the development yourself by banding/hiring with a bunch of developers to do work on the project. But that is probably lots of effort for very little reward.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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tees420mar
Jr. Member
 Offline
Activity: 322
Merit: 1
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September 20, 2021, 02:00:31 PM |
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I have a few token from on your list but my friends say that these tokens are fake. when I went for swap these token they said they will not swap in this exchange they gave me site and said go and connect your wallet in this site then you can swap these token. bit my friends said if you connect your wallet in this site your wallet will be hack then I didn't connect.
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sulendra12
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September 23, 2021, 12:25:56 PM |
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How should we manage dead coins?
Most of the "dead" coins on my wallet I just leave it and keep it as my history or whatever you called to that thing. If you define dead coins such as those, then yea there is no reason to hold it because there is no chance the coin will be back if every thing that is connected to that coin is gone and unavailable. follow their telegram channel and visit their website for the roadmap that has been built. if there is no update from social media or the token telegram channel that you hold, then it's better to leave and don't just waste your time in expired coins.
Do you even read what the OPs posted about? |
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bison
Full Member
Offline
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
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September 23, 2021, 12:29:44 PM |
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I have a few token from on your list but my friends say that these tokens are fake. when I went for swap these token they said they will not swap in this exchange they gave me site and said go and connect your wallet in this site then you can swap these token. bit my friends said if you connect your wallet in this site your wallet will be hack then I didn't connect.
fake coins and dead coins are two different things yes friends, and what you mean is fake coins where you get them without you knowing where the coins came from and suddenly go into your wallet, if you exchange your coins or tokens you will definitely be asked to spend some money as a medium of exchange, instead you will get money from the exchange even your wallet will be hacked. whereas dead coins are coins that really exist and the project is indeed created but with time, the coins experience a decline and sink in the crypto market, it happens because of their inability to survive, because only coins that have a clear purpose and potential benefit are will only survive. |
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goolesby
Member
Offline
Activity: 574
Merit: 10
Gistcoin
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September 23, 2021, 12:41:59 PM |
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The reason is because some of the publishing companies are not serious, or part of a fraudulent criminal act. Another factor, the product failed in the market.
In the ICO process, the start-up issues coins that investors can buy. They, the investors, do not get company shares but digital coins that can be used in the issuing company's products. Investors usually hunt for ICOs because of the low price and the picture of doubling profits in the future, but what happens is the coin is destroyed.
in my opinion never buy this coin but get it for free through "bounty" you will not lose anything here.
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rmhuntley
Sr. Member
Offline
Activity: 980
Merit: 255
HALA MADRID
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September 23, 2021, 01:04:04 PM |
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Dead coin happen because developer is not royal and trusted owner, many dead coin left by owner and they sell all coin supply to make price dump and many investor loss opportunity to get profit and get back their money. Later the owner or developer dead coin make new coin and have the same cases with previous their coin, before buy some coin check how trusted the owner because they only think with profit only for their self without care the investors.
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iyamoxjhian
Member
Offline
Activity: 356
Merit: 10
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September 26, 2021, 02:00:55 AM |
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I have too! But it's nice to see them in my wallet and it helps me bring back those days how I'm insanely and aggressively working on those projects just to earned them. Though they're value were dead, for me it's a living memories of my hard works and learnings in cryptos.
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OrangeII
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September 26, 2021, 02:15:37 AM |
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Yes, plenty. And you can't do shit about them, just leave the wallet if you can't stand them in your sight.
some people are annoyed with dead coins in their wallets, so they want to get rid of them. the only way i know of to get rid of the coins is just to send them to another wallet. however, for coins that use the ethereum chain, it's not a good idea, because the current fee is quite expensive. however, I also recommend leaving, and ignoring the coin. |
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FinneysTrueVision
Sr. Member
Offline
Activity: 1652
Merit: 365
Top Crypto Casino
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September 26, 2021, 02:21:15 AM |
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I have a few coins that were airdropped, a few where I only have a little bit of dust, and a few coins from bounty rewards. They are either not listed anywhere or can only be traded on Uniswap where the fees would be bigger than the worth of the coins so I don't bother doing anything with them.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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September 26, 2021, 07:45:42 AM |
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I have a few coins that were airdropped, a few where I only have a little bit of dust, and a few coins from bounty rewards. They are either not listed anywhere or can only be traded on Uniswap where the fees would be bigger than the worth of the coins so I don't bother doing anything with them.
Same here, it's better to keep it, who knows one day it will pump and we will just be surprised. What's important is we still have an access to our coins and we can move them anytime we want, we don't need to monitor it actively as they are considered as dead coins, but we will surely know if they will come alive. |
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MarjorieZimmermanGinger
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September 26, 2021, 08:42:17 AM |
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Do you hold any dead coins?
'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'
How should we manage dead coins?
There is no way to manage dead coins, usually if coins have been declared dead in the market then all coin related accents are no longer reachable, even for social media or their promotion team will not respond to any complaints, dead coins can't be further developed , and it is certain that the coin will have no way to be managed, maybe it is better to leave it, than to waste time on the dead coin, when you continue to insist on managing it, there will be no result for you to receive. |
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Vishnu.Reang
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September 26, 2021, 01:25:20 PM |
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Do you hold any dead coins?
'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'
How should we manage dead coins?
What is the point in holding dead coins? I mostly store most of the lesser known cryptocurrencies in exchange wallets (except ERC-20 tokens). And the problem here is that most of the exchanges delist the coins once they are dead or dormant. Then you have the option of installing the desktop wallets and moving the coins from exchange wallets to these coins. But why should we do that? It makes no sense to hold such coins. And in 99.999% of the cases, once a coin is dead, there is zero chance of recovery. |
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AwoCorporation
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October 01, 2021, 03:37:27 PM |
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follow their telegram channel and visit their website for the roadmap that has been built. if there is no update from social media or the token telegram channel that you hold, then it's better to leave and don't just waste your time in expired coins.
The development of a project is easiest to follow from the official telegram group, we can ask about the latest strategies and news of the coins they manage, even the price developments are also there, if there is no latest info or the conversation there has stopped, it can be an indicator that the coin is no longer useful and we better leave it. |
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bitcon
Legendary
Offline
Activity: 2212
Merit: 1008
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October 05, 2021, 04:35:51 PM |
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Do you hold any dead coins?
'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'
How should we manage dead coins?
Not to face such a problem, you should follow the project all the time. For example you can join their discord or telegram chat, or subscribe to the latest news of the projects of coins that you invest in. If you already have dead coins you can just ignore them as they don’t cost anything I suppose and they are not likely to recover in the future. Try to put up with your losses and be more careful next time. |
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Turbolinea
Member
Offline
Activity: 560
Merit: 57
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October 05, 2021, 04:53:26 PM |
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I have some dead coins also in my wallet. But I really have no idea what to do about them. They are just useless as I can't even sell and get rid of them. There must be actually a way of removing them from our wallets. Otherwise, they will just stand there in the wallet as long as the projects don't suddenly wake up at some point. In my opinion, that's near impossible for this kind of projects also.
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0verseer
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October 05, 2021, 05:15:15 PM |
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Do you hold any dead coins? Plenty, most people don't know but if you have any balance of ERC20 tokens then there is a high chance you have some dead coin on your wallet that you don't know. I worked at Airdrop for quite some time. I still have several tokens in my wallet through Airdrop. The amount of tokens is not small at all. Not all tokens will be $ 20. I referred to these tokens as dead tokens. I don't think the price will go up in the future. Many like me have dead tokens in stock.
This is also a common reason why we've many dead coins on our wallets. The number of airdrops comes out with at least a decent value is very low. Basically, if you participated in airdrops, you literally take into the internet's trash. |
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mdzahed134
Sr. Member
Offline
Activity: 2142
Merit: 259
Vave.com - Crypto Casino
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October 05, 2021, 05:28:49 PM |
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Etherdelta is a famous exchange way back 2017 to 2018. This site has been hacked multiple times where the hackers stole the private keys of users thru domain dns attack. Thanks to Metamask browser extension we can now safely go to exchange websites without sharing our private keys. https://etherdelta.com/ where thousands of junk coins are registered. just visit the site, who knows your coins can still be sold there even though the price is 1 cent When there are no many Decentralized exchange, Etherdelta and Idex was too much popular to trade specifically new listed coins, If those are DEX so don’t need official listing by team because in DEX anyone can add liquidity. So as we have seen a lot of shit coins in Etherdelta. It’s hacked a several times but it’s continued for long time but gradually it’s abounded. |
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newwest
Member
Offline
Activity: 686
Merit: 26
★777Coin.com★ Fun BTC Casino!
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October 05, 2021, 05:30:43 PM |
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I worked at Airdrop for quite some time. I still have several tokens in my wallet through Airdrop. The amount of tokens is not small at all. Not all tokens will be $ 20. I referred to these tokens as dead tokens. I don't think the price will go up in the future. Many like me have dead tokens in stock.
Airdrop couple of years back was in trend and everyone went for it and mostly many were dead coins itself which hardly or does not have value irrespective of qty we may hold. Just keep it and forget and if luck turns fortunes and someday if any of the coins rise back then consider as a jackpot. |
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fileo
Member
Offline
Activity: 658
Merit: 10
Rangers Protocol
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October 05, 2021, 05:52:26 PM |
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I worked at Airdrop for quite some time. I still have several tokens in my wallet through Airdrop. The amount of tokens is not small at all. Not all tokens will be $ 20. I referred to these tokens as dead tokens. I don't think the price will go up in the future. Many like me have dead tokens in stock.
Airdrop couple of years back was in trend and everyone went for it and mostly many were dead coins itself which hardly or does not have value irrespective of qty we may hold. Just keep it and forget and if luck turns fortunes and someday if any of the coins rise back then consider as a jackpot. True. I have also tokens from airdrops that are dead. I didn't experienced to become lucky in airdrop that's why I stop participating. Nowadays there are automatically airdrops which landed to our wallet without participating in any activity. Most of the automatically received tokens from airdrops were/are scam and intended to steal money. Be careful and let us not connect our wallet to their site or else we will end up to zero. |
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Anguwa
Member
Offline
Activity: 714
Merit: 30
★Bitvest.io★ Play Plinko or Invest!
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October 05, 2021, 06:03:18 PM |
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Do you hold any dead coins?
'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'
How should we manage dead coins?
Yes I have them on my wallet, must of those dead coins were from some low project bounties, some of those bounties will run and after distribution the coin doesn't have value and with some time interval, you will noticed that even their contract address is no more functioning also their official website link won't go, they are very valueless. |
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