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Topic: Any use for failed cryptos? (Read 968 times)

member
Activity: 518
Merit: 28
June 17, 2020, 10:52:27 AM
A once failed project will remain a failure even if the project is bring back to life, the bad foot print that the project left before failing will drive investors away from the project no matter what.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
June 17, 2020, 09:59:55 AM
Failed crypto projects have no use anymore. It fails because it's either the developers leave it already or the project is not enough for the investors to invest. It will be no use anymore because no one will be willing to use or buy a failed crypto since there will be no use for them, it can only be considered as trash.
newbie
Activity: 28
Merit: 0
June 17, 2020, 09:56:12 AM
Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Disregard it. Consider it as a lesson in your journey. There's always a lesson in every mistake, you can't do anything about it. Might as well create another wallet for a fresh start if it's just a one dead token.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
June 17, 2020, 09:13:03 AM
It seems that it will only be a display in your wallet, because dead tokens have no price and no one wants to buy them, for the next stage first analyze the project before participating in it.
I think so and it's just wasting our time. There was no reason to hold crap coins in our wallet and so many people have been removing their crap coins from their wallets too.

Crap coins mean nothing for us
full member
Activity: 431
Merit: 100
June 17, 2020, 09:09:03 AM
projects fail and coins die then their tokens will never be used, they will only remain in your wallet forever and make them all as lessons to be more careful in choosing projects
no one wants to support a failed project from the start. We support them because they have researched and seen if the project has potential. but when we support everything ends up not what we want it to be. That is a risk, and as you say, we can only take lessons from it all.
full member
Activity: 1099
Merit: 116
June 17, 2020, 09:06:23 AM
Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Failed cryptos don't have any value. If project fails, generally it is not tradable in any exchange. So this token is dead and you can't do anything from it. This dead project can be a lession for you if you are an investor not to participate in any shit projects as your assets will vanish anytime.
full member
Activity: 905
Merit: 113
June 17, 2020, 09:01:00 AM
projects fail and coins die then their tokens will never be used, they will only remain in your wallet forever and make them all as lessons to be more careful in choosing projects
full member
Activity: 491
Merit: 100
June 17, 2020, 08:53:32 AM
Very funny, you already called the project failed,what else do you intend with it, it's sure gone,all you can do is to do research on other project still working and know the one you would pick for investment or trading,but for the failed project,forget it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 17, 2020, 08:48:20 AM
Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?

Yes, they can be included in this list, https://deadcoins.com.

Seriously, common sense dictates that can there are no used for them anymore. Perhaps we can learn from their mistakes or developers look at what they failed and not create similar projects with no use case at all.

And I would say that majority of coins/tokens that has been hype around 2017 could be dead by now or in the process of dying.
It is just common sense as you say but the majority of people simply cannot accept that they made a mistake when they picked a coin and they fail, it is in fact a very natural reaction but one that is not very constructive if your aim is to become a successful trader in the future, at some point people that invested in those coins need to accept they made a mistake and that they should begin to to try to understand why this happened to them so they can avoid this to happen again, but very few have the introspection necessary to do something like this.
sr. member
Activity: 685
Merit: 250
June 15, 2020, 08:59:39 PM
Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?

There is saying that " Learn from your mistakes " if you don't want to be happen it again into your life,
don't do it again. I can give you one of the good platform where risk is not that high, which is coinmarketcap, most of the coins
listed to this platform are good to trade in I can assure you with that more than 75%.
sr. member
Activity: 1988
Merit: 453
June 15, 2020, 11:34:06 AM
unfortunately no, because there are no investors who want to buy if a coin has been abandoned or dead, you can only make it an experience so that later you will not join a project that is not clear anymore.

If the developers have abandoned a particular project, then there is no point in investing in them. A large number of these projects were pure scam, and the promoters made the exit after accumulating as much money as possible from the investors. Now these coins are as dead as a dodo. You won't gain anything if you invest in them. I would say, avoid them even if you receive them free of cost.
full member
Activity: 1110
Merit: 104
June 15, 2020, 11:26:41 AM
of course failed crypto no one likes it, do you want your capital to disappear ?, then stay away from projects like that  Smiley
member
Activity: 406
Merit: 37
June 15, 2020, 11:13:59 AM
unfortunately no, because there are no investors who want to buy if a coin has been abandoned or dead, you can only make it an experience so that later you will not join a project that is not clear anymore.
full member
Activity: 983
Merit: 100
June 15, 2020, 10:04:01 AM
There is no use for any coin that people already marked as dead or abandoned. You should give up any hope to found a second life for it and move on with different coins.
Staying on a dead coin is ridiculous, because it's not a good solution for all of us, so stop thinking about dead coins and continue your work on coins that are still alive and growing in all markets.
sr. member
Activity: 868
Merit: 333
June 15, 2020, 09:46:17 AM
You better forget looking any use for that token. Once a coin was dead, it will be forever be dead. There will be no one who will be interested on a dead project that's why it is now useless. No use, no function or anything that makes it useful to you and to anyone who hold the same token.
member
Activity: 462
Merit: 10
June 15, 2020, 09:18:44 AM
#99
It seems that it will only be a display in your wallet, because dead tokens have no price and no one wants to buy them, for the next stage first analyze the project before participating in it.
member
Activity: 728
Merit: 19
KUWA.ai
June 15, 2020, 08:59:28 AM
#98
I think there is no use of this type of project. I think this type of project can be a great example of an upcoming project and people can learn from those project mistakes. It's becoming very common in the crypto world that many projects failed due to a lack of investors and any real use in real life. A project with no real-life use or development naturally loses its value in time.
hero member
Activity: 2576
Merit: 579
June 15, 2020, 08:45:45 AM
#97
previously I never heard of the project you mentioned but if I see from the many projects that fail/die their tokens/coins will never be valuable. because there are no activities on the project, the team definitely left the project
Yes, I have never heard of this Synereo / Hyperspace (AMP) project, maybe this project has never made a fundraiser through ICO or IEO so we have never seen this project before, and if it is dead then the team will obviously leave the project this and no one else will care about the project.
sr. member
Activity: 1988
Merit: 453
June 15, 2020, 08:33:26 AM
#96
Oh trust me. Dead coins are just dead. They are not going to get revived in the future. I have followed dozens of such coins (and tokens) and in not even one case these coins got revived. Developers are not interested in dead and dormant coins. Rather than going after these coins, they would just create a new cryptocurrency, which gives them the premine advantage.
sr. member
Activity: 1022
Merit: 257
June 15, 2020, 08:29:54 AM
#95
Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Unfortunately, there is no more use for that kind of token. That will remain in your wallet and there is nothing to do with it because there is no such project that was able to recover after it fails, what developers do was actually to build a new project and forget about the previous failure project.
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