It's not a matter of price, look DOGE $0,004
But if there are no more miners to mine the blockchain then the coin is called a dead coin.
Topic: At what price will a coin die? (Read 2735 times)
I think when it falls down almost 100% of its base price and when the community and the team behind it is not supporting it anymore. It's more of a scam cryptocurrency for me just like what happened to the infamous BitConnect.
More important than the price of whether a coin dies or not, has investors' interest. As long as people trade a coin, it will exist regardless of whether it costs 1$ or much more. If the coin ceases to be used then it can be said that it is dead.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
not a good example mate,because bitcoin started to no value so dropping upto below 1k$ is nothing to effect its credibility Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
The only question that matters is the altcoins,there are lots of them that died alreadynd sime are dying,for me as long as the developer is not leaving the coins,this will stay and will still a capacity to bloom in future
I think the coin is considered dead not about the price, but how the altcoin trading volume.
if no one has bought and sold again in more than 2 weeks then the altcoin has been confirmed dead.
if no one has bought and sold again in more than 2 weeks then the altcoin has been confirmed dead.
If the coin is under $1000 but still tradeable then we might not consider that coin to be dead. you see there are also coins under $1000 ; coins at 0.0-ish value but still freely moving and has signs of trade-- tat is still alive. but in bitcoin's case diving from $20k to $1k then I still don't consider that coin dead. If it reaches 0.000-ish then we might say that it is over for that coin.
You right. even a 90% drop is not necessarily the end of the coin. if Developers have a good strategy to recover and the coin has a strong community a comeback is a possible. but don't even hope like this for a small altcoin without potential. they could die anytime
If the coin is under $1000 but still tradeable then we might not consider that coin to be dead. you see there are also coins under $1000 ; coins at 0.0-ish value but still freely moving and has signs of trade-- tat is still alive. but in bitcoin's case diving from $20k to $1k then I still don't consider that coin dead. If it reaches 0.000-ish then we might say that it is over for that coin.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
We can't consider that bitcoin will dead when it reaches the less 1k price. We all know that bitcoin start for small amount then it develops in every year. And I think it will not happen that bitcoin will go down to what price we have now. Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
The price of the coin does not determine the life of death of the project it is the users and the developers that determine if it will die.
The price is just a supply vs demand thing and a greed mechanism for people hording to sell higher. The project is more useful if people actual use it and it is becoming better.
The price is just a supply vs demand thing and a greed mechanism for people hording to sell higher. The project is more useful if people actual use it and it is becoming better.
In volatile prices like cryptocurrency, it cannot determine the death of a coin based on a certain value, and if you determine it based on a certain value and you sell it low, then when the coin increases in value you will regret your decision.
Bitcoin prices will die when no one has bought and there is no request anymore because when the price of bitcoin is still valuable then it can't be said to be dead.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
I think a coin cannot be dead until it is decided by the company or owner/creators of the crypto currency. What you will say on the rise of the price, BTC goes to 20K in very limited time. This rise should be named as ".......". For me it's just investment by the people on particular coin/token. When a currency like BTC, which have gained the trust of the community and is going down sometime due to low investment or more selling, at this point company will take care of the currency so that it cannot be dead.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
as long there is trade and usage. it will thrive. no matter how small it is.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
For me, if the project is not active anymore that the developers of the project are not active anymore, no more commits on their github repository, just like that and the volume of their project is very low like it's down almost 80% of their ATH. You can also consider their social media accounts if they are still active.Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
There is no standard for that. The exchange will keep profiting regardless of the price because there will always be people trading that coin, so It's probably the userbase and trading volume more than the price itself.
And If we're speaking about bitcoin, that's never going to happen as bitcoin is what's holding the crypto market.
Totally agree. Prices are not really the basis of considering a dead coin most especially if the coin is volatile which is most of the crypto but I can define a dead coin if no one will ever use it or I mean there is no activity with the specific coin either on trading platforms or exchnages. If OP is referring to Bitcoin, I don't think that is going to happen because even if it's price will reach $.01 there is still a chance that it will be bouncing back to $6,000 due to adoption and community support. And If we're speaking about bitcoin, that's never going to happen as bitcoin is what's holding the crypto market.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
depend what price is. let's see when begining coin launcing on market that's standard price. even when low volume allowing coin price are falling down there are not standard not followed. Alot of Crypto currency on market have price 0.1 until 1 satoshi, 6 month price not moved, i thing that's price are considered dead. than, could be low volume and developer leaved them projectLike bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
I do not know how anyone of course, but I definitely do not need!
I still do not see the desired tsiferki on their wallets. And the longer there is no rally, the higher the chance these tsiferki still see. So for me - so let even at least a year everything is in such a state as it is. But time can not be lost, yes ...
I still do not see the desired tsiferki on their wallets. And the longer there is no rally, the higher the chance these tsiferki still see. So for me - so let even at least a year everything is in such a state as it is. But time can not be lost, yes ...
Bitcoin is a bad example in that situation. I say that you could say that a coin is dead when the developer is not active and the community is dead. That's when you can say that a coin will die. You really can't see it in the price because it varies from different project, but trading volume would say that a coin is dead too.
What is the price at which a coin is considered dead or when an exchange decides to delist the coin?
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
For me, if the project is not active anymore that the developers of the project are not active anymore, no more commits on their github repository, just like that and the volume of their project is very low like it's down almost 80% of their ATH. You can also consider their social media accounts if they are still active. Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
Bitcoin is a kind of asset, it will still exist ... I believe 100% of a form of decentralized currency will still exist
That is good to be more positive but do not expect too much in the future, much better to maximize its uses until its existence, invest now and do not regret later because there are many people are telling good thought about bitcoin but they do not taken some action to put money even small amount then when the value of start increasing they will start to regret.Also i think even the coins have a value but there is no volume of demand i think that was considered as dead coin.
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