Who's responsible for the dead coins?

kotajikikox

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Quote from: electronicash on May 08, 2024, 10:47:25 AM

marketing staff?

I don’t think the blame should be placed completely on them. Yes marketing does help and if the marketing team managed to do all kinds of promotion out there surely they will be able to garner lots of interested people.

But a marketing team could only do so much with a coin. If the developers really developed the most useless coin ever in the world. What else can a marketing team do? They will just be called scammers and other names.

el kaka22

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Basically "ALL" coins and tokens would have been high if the market responded well to it, so it is definitely not investors because you can't expect the investors to invest into everything. I have seen some devs who blame the market for "not understanding what they built" because they believe that if the market understood their aim then they would all be investing, but the problem is not the market not understanding it, it is the fact that dev team failed to do proper marketing and explain what they were trying to do.

This is why I believe that we should not be considering this as something big, we should probably consider that as a normal thing. I believe that we are going to get the better out of it, if we are given enough time on it as well.

Bushdark

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

The developers, team are responsible for the dead of a coin. The investors has nothing to do with the death of a coin.
If the team are able to . market a coin very well, they would make money but whwn the market is wrong or is not adequate, investors woukd starr selling theirnm holding to invest in other good projects thahmt could bring profits.
People would not put their money on coins that do not have good team or movement to double in price with time.

Huppercase

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

My answer is both.

When a team build a solid project, it will attract investors and not just ordinary investors but investors with long term vision and not the ones that will buy and dump everything in the market. When the team is able to raise good amount of money, it will also attract buyers that missout on the project but then even with huge amount of money, the team must have good product to impress and motivated people not to sell even though something bad later happened to the project, it could be bear market or anything negative.

Furthermore, if the team is not transparent, investors will sell. We have seen cases of teams selling coins behind investors back when it was meant to be locked in the first place, some even hide and sell foundation allocation just to lie that they need money for things they will never discuss with the public. When investors and teams relationship is not mutual, there will always be a benefit of doubt.

Fiasem20

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If a coin dumps in the market cap,the developer is to be blamed because the project was solid to stand out.You can't blame the investors,the investors are you there to make profit and nothing much.But the principle of supply and demand also keeps the continuation of every project in the market cap.And when the liquidity is low the coin also crash.

Wexnident

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

~

Wouldn't it be the team? I mean they're the ones responsible to the development to the marketing the release after all. Investors are just there to slap the money to the teams hands so that they can use it to either improve/reduce the time it takes for the project to develop or to market the coin itself. Investors rarely have a say, or at least full control of what the coin would actually do moving forward. They have some sway in it, but that's about it. In the end responsibility would 100% lie on the team that handles the coin 24/7.

In a sense you can say that investors are simply the money involved, the brain is the team behind it itself, and the brain is the one that makes decisions on how to spend the money, not the money itself.

Mate2237

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This should be a very simple knowledge to acquire because there no need to even also someone but naturally you will understand it. Ithe general blame must to the go to the developers because they control everything and not the investors. The investors are only following the way the developers program and doing with the project and they have nothing to do with the project so if the project fails it is the developers and not the investors.

Probably they lack of trust the project they have created base what they have done. Though the investors will make the project more important and popular but the developers controls the server and if the project is launched on decentralized system then the investors control the price in the market base on supply and demand. But the failure of any project is from the developers end.

Bitco55

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

I feel you may have asked and answered this question, but then...

When a coin comes into the market, what determines its price and how good it is, is it's popularity, and how many people are willing to invest in it? This makes the coin more trusted, more popular, and more valued.

If a coin comes into the market and due to some reasons, people are unwilling to invest in it, it'll lead to it's death and it's dis-listing. But what causes people to not invest in it is definitely a fault in it's programming, which is its developers or its marketing team's fault for not promoting it properly. People won't want to buy it cause no one would want to buy it from them. Although, most of these coins experience a short-term pump and leave, people's little trust in it makes the pump and death easier.

Belarge

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Quote from: OrangeII on May 11, 2024, 02:27:54 AM

I think if anyone can be blamed for why a coin dies, then it is the fault of Dev and his team. However, they could not convince investors to continue investing in the coins they created. In addition, they may not innovate, develop or adapt, thereby placing competing projects above them. However, there must be information or something else that makes investors sell their assets and makes the coin worthless. If Dev and the team have innovation and can adapt to circumstances and make better developments, I think a project or coin will not go bankrupt.

Every project have the tendency of pumping and also dumping, it all depends on the tasks and market caps of the projects. The ability for the project to become attain to the public and basically to the top whales that knows how to place huge investment on such projects. Failed projects are as a results of relenting efforts from the team behind the project and the volatility of the market. Before executing a project, it's always advisable to scope the entire process and thoroughly doing the backup plan.

terrific

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Quote from: OrangeII on May 11, 2024, 02:27:54 AM

I think if anyone can be blamed for why a coin dies, then it is the fault of Dev and his team. However, they could not convince investors to continue investing in the coins they created. In addition, they may not innovate, develop or adapt, thereby placing competing projects above them. However, there must be information or something else that makes investors sell their assets and makes the coin worthless. If Dev and the team have innovation and can adapt to circumstances and make better developments, I think a project or coin will not go bankrupt.

All of the steps are being done by the developers and the teams that are involved with them. The investors are there only to fund and follow the movement of these devs.
If they've done something crazy and the investors didn't like it and found a red flag to their actions and they've been caught, that's the start of the misery of their projects that they'll never like.

shinratensei_

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Quote from: o48o on May 11, 2024, 05:00:50 AM

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Wouldn't this depend on the coin? You might as well be asking who is responsible of dead products in real life. There can be as many reasons as there are companies.
1: Team don't have enough time or funds to keep on going.
2: Team lacked skills with coding, leadership, marketing or business in general to adapt to ever changing crypto scene and growing with the needs of it.
3: Team ignores the community and don't have enough transparency.
4: Competition did it better
5: No real use case for smart contract or blockchain, no real strategy,
6: Bad tokenomics

Only difference being a crypto or real life product is that pump & dump groups can't use anything but crypto tokens as "speculative" asset while doing their pump and dump scheme.

in crypto market unfortunately even more specific is the shit coin market there's this thing called rug, this one rooted from the bad intention of the dev or team themselves in trying to steal money off liquidity pool provided by people.
this is where the mistake and blame should be put on the team instead.

i guess if the coins become dead coins due to team have been developing for many years that they are finally running out of money to sustain the development and even after all that effort the coin didn't even make it to meaningful market cap then I guess its due to the project just aren't working out, some project face such problem too, committed and trustworthy team facing the reality that their product just don't have place in the market and as a result bankruptcy and it also spells dead coin. which is quite unfortunate honestly.

but seeing from other perspective it is what it is the crypto market eliminates the coin that doesn't have place in the crypto space.

Bulltard

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

the team duh. that's called rugging

o48o

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Wouldn't this depend on the coin? You might as well be asking who is responsible of dead products in real life. There can be as many reasons as there are companies.
1: Team don't have enough time or funds to keep on going.
2: Team lacked skills with coding, leadership, marketing or business in general to adapt to ever changing crypto scene and growing with the needs of it.
3: Team ignores the community and don't have enough transparency.
4: Competition did it better
5: No real use case for smart contract or blockchain, no real strategy,
6: Bad tokenomics

Only difference being a crypto or real life product is that pump & dump groups can't use anything but crypto tokens as "speculative" asset while doing their pump and dump scheme.

Mpamaegbu

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

So, who's responsible when the Coins dies?

Of course, it's the developer that should be held responsible for the death of their token/coin. Yes, I know there's that negative effect from the activities of dumpers; especially those who get the tokens from airdrops or bounties. It's the duty of devs to know how to cushion that effect and find a way to discourage heavy dumping. It should be done in a way that buyers can also show their strength while paper hands are selling off. Devs should encourage investors to hodl by putting up incentives like staking to earn and other activities. Again, there should be a good token unlock mechanism in percentage that won't be much as to have a lot of tokens released to airdroppers or investors. More importantly, most of the devs are criminals who intentionally would create scam and worthless tokens just to get money from unsuspecting investors. From start, they already know they're not going to develop that project further. It's just a cash out for them, easy money.

laijsica

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Quote from: strunberg on May 11, 2024, 01:40:48 AM

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

I think it's the developer. Although some investors can cause a coin to die such as putting in a lot of money to pump up the price and then selling all their assets so the price will fall and the coin will die. That is market risk. But what some developers do is they sell the tokens they own in large quantities when the price has risen thousands of percent. Developers can even sell at any price because they hardly need to spend capital. I have seen people cheated on a coin several times because the developer had sold all the tokens they had and abandoned the project.

Developers are certainly responsible for the coin's demise as well as many investors. Investors can often feel insecure about their investment capital due to the price environment and may decide to sell prematurely to protect their invested capital. Rumors in the market or any legal complications could make the coins death imminent. Every currency in the market has its opponents who can spread rumors and resort to various scams to attract investors of other currencies to attract their investment. But I think developers should work on improving its technical quality along with campaigning extensively to attract investment from their buyers through positive work.

OrangeII

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I think if anyone can be blamed for why a coin dies, then it is the fault of Dev and his team. However, they could not convince investors to continue investing in the coins they created. In addition, they may not innovate, develop or adapt, thereby placing competing projects above them. However, there must be information or something else that makes investors sell their assets and makes the coin worthless. If Dev and the team have innovation and can adapt to circumstances and make better developments, I think a project or coin will not go bankrupt.

strunberg

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

I think it's the developer. Although some investors can cause a coin to die such as putting in a lot of money to pump up the price and then selling all their assets so the price will fall and the coin will die. That is market risk. But what some developers do is they sell the tokens they own in large quantities when the price has risen thousands of percent. Developers can even sell at any price because they hardly need to spend capital. I have seen people cheated on a coin several times because the developer had sold all the tokens they had and abandoned the project.

adaseb

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Coins die for many different reasons. Some just lose interest, others the developers give up, other get hacked or exploited in some way.

Then they are some which are neither of those but the coin keeps losing value anyways due to poor marketing. It’s been like this for many cycles and will continue.

Right now every 5 minutes we got some new memecoins which pops up and ends up dying a few hours or days later due to rug pulls.

AVE5

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Quote from: Sebas.tian on May 09, 2024, 12:25:32 AM

I think, developers are the responsible for the failure or dead of the project, because if the developers do everything possible within their ability to improve the project, it will make the project to attract more investors that will continue making the project popular in the market to last long. Investors always look for where they can be favour in a particular projects, and if the project is not functioning well in the eyes of the investors, they have the right to switch to another project that is doing well but if the developers of that project can develop the project for investors to see with their physical eyes, it will be difficult for the project to die quick. That is why many coins are still bringing favour to their investors, because their developers are at work to ensure the coins causes their investors massive income to earn in the future.

So the developers could actually have a plan B budgeted that if the current launched coin fades they would swap to other pending projects to cover their lost or I should say providing another scheme to drain investors funds or what?
Clearly and believably, developers are to be accountable because the coins potentials and technical programs were developed and installed by the developers including the maintenance and improvement factors are disclosed to the developers while investors are only individuals who steps up to invest their funds and just let it generate income for them and if the Coin is doing well they can accumulate on DCA but if it doesn't lucky ones would always cashout before those dramas of system crash as the developers inabilities to build a solid blockchain with potential coins.

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

So, who's responsible when the Coins dies?

Well, definitely those developers and project heads that create them. If a coin is crappy or too gimmicky, or even an outright scam (and yeah, those exist alright) the fault lies squarely on them! I mean they gotta ship something with real merit, right? Sure, hype and excitement can send prices ballooning for a bit, but no smoke and mirrors can prevent a coin from tanking eventually and

now about ghost coins - more often than not shady devs make off with the money pocketed from investors. So really, folks looking to buy cryptos should be darn careful about who they decide to fund.

LogitechMouse

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

None.

Why none. Because at the end of the day, a dead coin will remain a dead coin.

Developers? Investors? If a project becomes a dead coin for example, who will be the one that you're finding if investors lost their money? You can't find those developers because at first place, they didn't reveal their identity. I can't remember a project that became an abandoned coin for years, and got resurrected again and there are new developers that continued that supposed dead project. Some might say the developers are the one that's responsible as to why. So what now if they are? You will find them and put them to jail if you lose your money?

If I will choose though, I think it's the developers because they didn't do everything they can for the project to become a successful once, it became a dead coin.

MiF

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

I think the developers is the responsible for the death of the coin, because investors only buy coin that they think has a future, or give them profit and if the developers do nothing with their coin to improve then the investors will not buy and the coin will become shit coin or dead coin at they end, but if the developers make a good use case then it is possible that many investors will come and invest and it can make a high demand of the coin and possible it will rise.

laijsica

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

The developers involved in the death of the coins are definitely responsible because they may start their crypto journey with weak infrastructure and attract few buyers. Then various errors and deviations in their transactions are detected which are manifestations of their infrastructural weakness. In many cases developers may fail to provide professionalism in their work. But I strongly believe that most of the altcoins in the crypto market only come with the purpose of deceiving investors. Therefore, investment in altcoins recommends different protection requirements.

Sebas.tian

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I think, developers are the responsible for the failure or dead of the project, because if the developers do everything possible within their ability to improve the project, it will make the project to attract more investors that will continue making the project popular in the market to last long. Investors always look for where they can be favour in a particular projects, and if the project is not functioning well in the eyes of the investors, they have the right to switch to another project that is doing well but if the developers of that project can develop the project for investors to see with their physical eyes, it will be difficult for the project to die quick. That is why many coins are still bringing favour to their investors, because their developers are at work to ensure the coins causes their investors massive income to earn in the future.

albon

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There is no specific reason for the death of tokens. If you go back years ago, you will find that Coinmarkcap contained many of the leading tokens at the top, which have completely disappeared now and been replaced by other tokens.

Perhaps the reasons for the death of a token, in my opinion, could be due to wrong decisions made by its team or developers that led to its collapse and death, as happened with Luna. It is also possible that the token team, which owns a large percentage of its supply, might dump it if the primary motive is fraud in the first place. Also, the incompatibility of the coin concept does not align well with blockchain in terms of use cases, which led to its downfall. The lack of attraction and interest of Investors or the shortage of liquidity for the coin's team to continue developing their project and paying employees’ wages and marketing campaigns to promote it or pay its listing fees could also contribute. Also, the coin may be exposed to massive protocol exploits or smart contract vulnerabilities. There are countless other reasons, but what I see is that most meme coins are susceptible to this inevitable death and transition to zero because their projects are fragile and lack strong foundations.

AVE5

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Quote from: crwth on May 08, 2024, 05:28:57 AM

It's both. Imagine someone having the power to have the number of tokens that they have, increase, and maybe get it in an early stage and they can move it around. Once they are able to see the coin listed in a big exchange or it's in DEX, they wait for volume and then they just dump everything. This is with the price going down but not dying.

The main responsible for the coin dying is going to be the developers. It's up to them to continue improving the project.

With my little knowledge of understanding, I believe you because the investors are like stake shareholders while the developers are the co-owners. So considering this fact, it's the responsibilities of the developers to enhance the coins services with every required technical and maintenance factors that has to bring values to the coins.
I think the investors were basically attracted to invest in the project based of potential speculations about the project and failure to attain those values would cause investors to disembark from the coins and therein the project could slump
So in all ramifications, the developers are responsible.

GreatArkansas

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Think also some dead altcoins that are still pumping even they are very long time dead, this means some are just manipulating it and we are not sure who are they , could be whales or developers or founders just to make some money off it or some could fully exit.

johnsaributua

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In my opinion, the essence of responsibility is the coin owner (developer) because the creator can only be told (team), when he gets a reward then leaves. As long as the developer does his job well for the community, and is not concerned with enriching himself, it will survive more especially if the funding rise can be managed by continuing to be added, I see that from time to time there are dead coins that fall and are not injected with liquidity so that they are drained and the marketcap of a coin is getting worse. I agree that it is not entirely the developer's fault, they sell their coins and there is no coercion, as for the fomo that eats away at investors, it is entirely the logic and decision of the buyer's speculation.

However, I think there are still many who buy from the beginning, it is a risk when you get a profit that is beyond analysis, as well as the opposite when a dump occurs on a coin. For me, it is suitable for hit and run even if it only saves a few minutes, because for stable coins it is better to choose coins that are old and have good daily marketcap volume.

oktana

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Both can be said to be responsible but I’ll rather pawn it off at the developers than the investors because if you develop something that is outstanding and you are constantly maintaining it, you will definitely have investors who believe in what you’re doing. Isn’t it how Bitcoin grew? If the investors leave, it’s very likely that they are losing faith.

Belarge

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Quote from: andyou1234 on May 08, 2024, 11:59:12 AM

I think the person responsible for the failure of a project and the death of a token is the project developer, but what happens now is that if the project stops and fails, the project developer disappears and is not responsible for what he has done, maybe just that they deliberately created this project just to take the participants' money.

We have our targets and I'm never going in for these fast rising projects, instead I'm focusing on important races. Projects failed when the team didn't put in enough work and most of these projects that failed are mainly cause by the incompetent tasks carried out by the developers. We know how porous it is nowadays to bring in top coin, which is mainly a memecoin. Pumping and dumping are two different thing, one brings a faces of joy while the other does brings sad faces.

yazher

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The scammers, just create lots of shitcoins to confuse and steal the money of investors by making counterfeit every trending coin such as Memecoins and NFT as well, they are the main reasons why altcoins investments are not recommended for newbie investors because they are putting a lot of hype in their projects and in the middle of nowhere they dumped it and leave their investors waiting for the price to rise again which will never happen and it turns their coins into dead coins with no development, updates or whatsoever.

batang_bitcoin

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?

Everyone.

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

Both are involved on it but you know what's impactful? the move of the developers and that's because the investors are only relying to the decision of the developers. And with every first touch, it is the developers.

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

So, who's responsible when the Coins dies?

Devs obviously.

andyou1234

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I think the person responsible for the failure of a project and the death of a token is the project developer, but what happens now is that if the project stops and fails, the project developer disappears and is not responsible for what he has done, maybe just that they deliberately created this project just to take the participants' money.

bluebit25

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

the related people

It includes holders, creators, MM,...

But in this space there are so many cases that there would be no serious concern about that subject if they were not the top altcoins (FTX, LUNA,...)

But anyway, maybe from the beginning you should be realistic about the risks, don't expect the benefits to always be on your side. So as always, let's encourage everyone to learn about Bitcoin so that they don't lose money the issue of responsibility behind the failure.

Kelward

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I think that developers and investors can be responsible for the death of a coin or token, it just depends on the angle from where the coins meets it's dead end. Most times it's from the developers end, some will have the intention of exit scam before the project is launched in an exchange, the first set of investors, including them will make profit, then when more investors starts to buy, the project will then die. Other times if a project doesn't live up to it's hype, investors will see it as a shitcoin, and that might be the beginning of the end for it.

electronicash

legendary

Activity: 3066

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Eloncoin.org - Mars, here we come!

marketing staff? if not for the developers and investors then marketing staff after all they are responsible for making the project well known to the crypto community. but most of all, they are not supposed to create a coin that isn't well planned and has no study.

if they know there isn't going to be a big community that will support a project only meant for a store of value purpose, then there is already one that exists. they have to come up with something new.

lovesmayfamilis

legendary

Activity: 2072

Merit: 4265

✿♥‿♥✿

Why do we often see projects that have not achieved their goals, which we later call scams? That's because new ideas aren't new. The developers, having started their project, are simply lost in time, not knowing how to introduce new interesting, and useful innovations for a long time. What remains for investors? Just get rid of the coin so as not to be left a fool. I believe that developers need to think through their ideas not only at the initial stage but also consider all the bad cases that may happen in the future and ways to work around these cases so as not to end up with another dead project.

God bless u

full member

Activity: 280

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Eloncoin.org - Mars, here we come!

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

I think we the investors are responsible for the dumb coins. We are investing in these type of coins because of our greedy nature and limited knowledge we are not being able the recognise that which project is a spam and which is a genuine project.

These type of people will never stop and they can only be catered by not investing in their projects so that their confidence level may drop.

Saisher

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#SWGT PRE-SALE IS LIVE

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

The main responsibility is on the developers; they failed to upgrade or develop the platforms, and they failed to properly promote their platform to the community, the developers if they did an ICO, should have funds to keep the platform moving, and investors would dump the token if there is no development or the roadmap failed to complete in time.
The developers should keep the investors and the community properly informed on the development and it should be in time because investors are quick to dump and trade it to other new tokens.

MAAManda

hero member

Activity: 1484

Merit: 706

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Both developers and investors have their own responsibilities in token price movements, but when a project becomes a dead project, then it's entirely the developer's responsibility. Because the rise & fall of the price or MC of a project is normal, what makes the token price rise is the development that occurs and the trust of investors.

Ben Barubal

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Eloncoin.org - Mars, here we come!

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

That's just a simple explanation; the question is: how do coins exist in crypto trading? Not through investors or buyers who will buy the coin. And when the buyers of coins disappear, for sure it will gradually lose buyers or traders who will conduct trading activity.

The buyers or investors are the oxygen of the coin so that it can exist for a long time or just for a while. Even if we say that the developer is doing good development, if there are no investors who are attracted to the coin, that coin will also die for sure.

Text

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Activity: 2352

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Bitcoin Casino Est. 2013

I think the developer is mainly responsible for dead coins because if developers fail to maintain the coin, abandon the project, or the project was a scam from the beginning, the coin could end up becoming a dead coin. Investors only have a minor impact or contribution; if they lose interest, sell off their holdings, or move to other more promising coins, the coin could lose value and eventually become inactive. Perhaps investors wouldn't do that if developers responsibly did what they should do for creating the coin, maintaining its code, implementing updates, and often promoting it to potential users and investors.

peter0425

sr. member

Activity: 2618

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What can an investor do if a coin is not doing well?

It’s not like an investor should keep holding and wait for a miracle to happen. It’s up to the developers to keep the project afloat as much as they can. If they created a project then it should deliver and that will be the only time where we can see investors actually get interest. Investors can then grow speculations to attract more investors but again if the project does not meet their expectations then it’s all futile.

cryptoaddictchie

legendary

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Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Maybe for me its the developers since in order for the project to remain alive they must continue to work for the progress of their projects. People got their interest intact if theres lot of development and improvement on one's use case. So if ever they are just doing nothing then how the demand will increase? Community or investors are just there they will stay if potential is imminent.

X-ray

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Leading Crypto Sports Betting & Casino Platform

depends on the cause if its investors dumping their bag to the market then its investors fault, then if its due to lack of development or there's security issue with the project that causes money to be stolen for example by irresponsible people then its devs fault, even though its not necessary always devs fault its really hard to know which fault it is to be honest, unless there's clear indicator and reason why the project tanked so hard it goes to zero.
like for example with the case of ust, the peg value lost because the entire system of the over collateralization of ust itself is flawed so some people take advantage of it.
even then it caused chain reaction that causes luna to tank also, this makes so many people lost the money, the court are the ones to determine which fault is this anyway.
same thing can be applied to other project, whether it lost value because investors or the devs there's need to be proof of that.
also, different category of alts might differ in reasoning.

crwth

copper member

Activity: 2744

Merit: 1250

Try Gunbot for a month go to -> https://gunbot.ph

It's both. Imagine someone having the power to have the number of tokens that they have, increase, and maybe get it in an early stage and they can move it around. Once they are able to see the coin listed in a big exchange or it's in DEX, they wait for volume and then they just dump everything. This is with the price going down but not dying.

The main responsible for the coin dying is going to be the developers. It's up to them to continue improving the project.

Nothingtodo

member

Activity: 420

Merit: 52

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

A very interesting question is why a project owner should bear this risk where an investor will take all the returns of his investment. Before investing you must invest carefully as you must bear the investment risk in this case Project Owner will never take responsibility for your dead coins. So an investor should invest in the project very carefully planned and fully prepared to take risks.

Tipstar

sr. member

Activity: 1764

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Smart World Global Token

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

No one are. It's not like that they went out of circulation. They are there in your wallet. They just don't get enough value for people to keep transacting and exchange keep supporting them. 99% of dead coins are half-hearted pump and dump coins, where the developer works on it for short time by choice. The early investors profit from the pump while later investors are the one responsible for not doing proper research about the coin. There are no identity proof or team reveal for people to initiate a legal fraud case.
On some others, the development team and in case of community owned coins the volunteers can't keep up or could no longer maintain the project even if they want to. With rising competition, we'll be seeing more and more once popular coins die at our life time. Not every coins are future proof so we need to keep analyzing what we hold.

Bureau

sr. member

Activity: 420

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Eloncoin.org - Mars, here we come!

re are multiple reasons why a coin dies after few years of its existence. One of the primary reason is developer not innovative with the project. That leads to community selling their coins and existing from it. The other reason that I found most common is that there isn't any actual usage of the coin or unable to solve the real world issue. As of now the narrative is focused on meme coin and a few have been able to sustain their model but most new meme coins are not getting much hype and attention as developers hoped for when they started the project.

Essential10

member

Activity: 210

Merit: 39

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Personally I think both are responsible, some developers want to develop the coin some developers want to scam it. Whether the developer's intention is to survive in the market depends on whether they act honestly or dishonestly. Every investor wants whatever money he invests to have no loss and enough money to fill his pocket from the invested money. Meanwhile there are also investors who just want to get more money for less money and indulge in risky investment, we can't blame the developers when the project gets involved in scams. Before investing in the project, one should go through all aspects of the investment. You go in there knowing what's most likely to happen. Invest where you understand the good position, for example how much you doubt the developers of bitcoin, ethereum coins. When the coin dies only we raise our fingers in one direction. We must invest in places where we can calculate the profit by counting the taxes on our fingers, where there is no need to blame anyone.

jrrsparkles

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Eloncoin.org - Mars, here we come!

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

IMO the devs cause the lost hope on their project and let it die which is why it turns out to be ghosted and this happens only when they feel the project doesn't worth holding on it means devs know the project is not unique but still they went on to launch for making profits. I don't blame the investors because they put their money on something with only hope of getting returns, when it doesn't work they likely to save what's left in it.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

So, who's responsible when the Coins dies?

In my opinion, it’s the developers. Think of investors as consumers or customers or clients. They need to avail products or services that are of good quality. They will buy it no matter how expensive it is as long as they think it is valuable so if they think the product or service is no longer valuable then they will stop buying it making the demand shorter.

If the developers did everything but develop the project and promote it properly then that is on them and not on the clients.

EarnOnVictor

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Activity: 644

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Leading Crypto Sports Betting & Casino Platform

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Many factors are responsible for the death of those coins if that is the right word to use and many are intentional, while others are not intentional. It is intentional when the developers are attributary to this, it might mean that their intention was to scam initially but later changed their mind when the project gained some relevance, or they are just waiting for the right time to abandon it and get away with the money. But in some cases, it might just be their negligence and not particularly caused by their bad intentions. This is why we need to be careful in the selection of our crypto projects to avoid asset loss. At times too, it could be due to too many issues that are beyond their control, it may be legal issues, the lack of cooperation among the developers or financial constraints.

The investors are a contributory factor at the same time. You see, what makes all these cryptocurrency projects to appreciate in price is that people lay importance on them and invest their money in them. But if a project has been wasting away for too long without good relevance and capital inflow, it could cause some chain reaction on the negative side (bearishness and little or no activity) that will lead them to become a redundant coin/token.

wxa7115

hero member

Activity: 2702

Merit: 704

Quote from: AVE5 on May 08, 2024, 02:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Speculators cannot ever be held accountable for the fate of a coin, they care about one thing and one thing only, and that is to make money with such coins, if the coin were to collapse soon after it then they do not care about it, and it is even unlikely they may find out what happened as they are quick to move onto the next coin that could give them profits.

Then it is obvious the ones that can be held responsible are the developers, as they sold a vision of what they wanted their coin to become to investors and speculators alike, and at the end they failed to fulfill those goals.

AVE5

member

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Eloncoin.org - Mars, here we come!

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Topic: Who's responsible for the dead coins? (Read 384 times)