Reviving faded coins

[odin99]

Lets face it. There are some coins out there that could benefit from a facelift - including recent new alt coin advancements.  Why create new coins, when old ones can be revived.

Say a coin had a reasonable launch with no pre-mine, but the dev. never got fully invested (didn't make $ b/c no premine...) and since abandoned it... now its on a couple of exchanges, but forgotten.

I have several of these coins in mind...

What is the best way to attempt a revival? (i'm not capable of being a dev).  Recruit a dev. and do a community take over and relaunch?  There has to be miners would would also help fund some of these efforts by chipping in a little.

i'm sure this has been done in the past - meow i think?

[DemetriusAstroBlack]

Yea great idea lets revive --- coin.  I'm a bag holder of that exact coin and want to get more money out of it. 

[coinnewbit]

Isn't there a couple of reasons why it was forgotten? For example, meow was forgotten because there was already cat and doge

[ning_chang]

Carboncoin has been revived in the best possible way. https://bitcointalk.org/index.php?topic=526031.0

Was originally a pump and dump nonsense, has now been turned into an attempt to create a carbon neutral coin that offsets the electricity spent to mine it by planting trees in England and America.

Good stuff.

[cryptohunter]

Lets face it. There are some coins out there that could benefit from a facelift - including recent new alt coin advancements.  Why create new coins, when old ones can be revived.

Say a coin had a reasonable launch with no pre-mine, but the dev. never got fully invested (didn't make $ b/c no premine...) and since abandoned it... now its on a couple of exchanges, but forgotten.

I have several of these coins in mind...

What is the best way to attempt a revival? (i'm not capable of being a dev).  Recruit a dev. and do a community take over and relaunch?  There has to be miners would would also help fund some of these efforts by chipping in a little.

i'm sure this has been done in the past - meow i think?

If it had no premine or instamine and was abandoned by the dev and there is an honesty community of miners.... then yes it could and should be revived if there is a call for it.

If it was a scam from the start like earth or any other of those premined dirt bags where the dev dumped and moved on.... let it die as a lesson to premined scams so people learn their lesson.

[nzminer]

I say that Coinye is a good candidate for this! 

[zhouhuiyan520]

lol...I agree with you . Hope you can find a dev!!! pos

[SolidStateSurvivor]

QQC - Velocitycoin, maybe?

But in all honesty, you can't revive a coin, on the mining side, when the blocksize has gone down to a fraction of what it was the first 1000,10000 or 20000 blocks. It's not really there, any more.

[markm]

Add merged mining to them, so that they can still easily be secured even when prices slump because it will cost miners pretty much "nothing" to continue to keep them in their merge. That can secure the blockchain giving plenty of time to do any further improvments, refinementsm branding and so on without concerns about the whole chain beign just too insecure to be used in the real world.

-MarkM-

[btc-mike]

There is a member here that has been doing that. My take was he bought tons at 1sat, "revived" the coin that the dev skipped on, and profited. I will try to find it again.

edit - I must have dreamed this. I can't find now. I remember the member had all of the coins they revived in their signature.

[gustav]

you can add value to any coin by improving and adding features and good marketing. I like this idea. 

[woetohice]

There is a member here that has been doing that. My take was he bought tons at 1sat, "revived" the coin that the dev skipped on, and profited. I will try to find it again.

edit - I must have dreamed this. I can't find now. I remember the member had all of the coins they revived in their signature.

I've seen that as well.  I think maybe it was not in the alt coin section.  I can't find it either, though.

[bdanyo]

PM sent odin99

[Bit_Happy]

Great idea, start soon before people abuse the idea.

[Zzzack]

I'm doing this. Find the ones under 1 satoshi that need to be traded against LTC 

[gustav]

this is actual buisness

[BitOnyx]

I guess first of all you would need to contact developers for something like it. Also which coins you have on your mind ?

[Bit_Happy]

So many dead coins, so little time.
This is a growth sector..................LOL?

[btc-mike]

I guess first of all you would need to contact developers for something like it. Also which coins you have on your mind ?

They way I recall it from my dream (or where ever it was I saw this), contact the dev first. No answer = community takeover. New announcement post, new website, fork blockchain with necessary updates.

[Nxtblg]

you can add value to any coin by improving and adding features and good marketing. I like this idea. 

Good marketing, primarily. And that means a lot of scut work: lobbying businesses to accept the coin, etc. If you confine your marketing to here, the best you'll end up with is another pump-and-dump.