Topic: At what price will a coin die? - page 12. (Read 2735 times)
I personally believed that a coin will die based not on its price but on it's volume, how people continuously buy and sell the coin. So all in all the coin is still in used on a daily basis or if not it has a promising future ahead and that what makes it alive. Holders believe that at some point it will soar, despite the bearish market they keep on increasing their holdings making the coin alive everyday.
I think it's not the price its the user and the miners itself that determine if a coin is dead or not. You see if a miner doesn't mine or connect to the network the user will feel it and will leave the coin looking for a better coin.
It's all about how users feel about it, usage wise.
It's all about how users feel about it, usage wise.
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?
When their is no trade for a long time in any coin in exchange then they decide it to delist it. About the price that can be anything until it is getting traded with volume it will be listed and it wont be considered as dead.
Actually we buy bitcoin for trading with our future profit,i think bitcoin price going to down then coin market also down.many coin/token can be make huge profit for their holding.but ico investor something risk and It favors our foreheads.
No coin can be considered dead till it is de listed from the exchange. Just remember that no one has lost any money despite the price till when you sell off at a loss. All you need is patience which all cryptocurrency traders are known for. So allow the coin to recover and move back through the market operations to the top. Market sentiments is responsible for the price movement and no one is manipulating the market so just wait till your coin turn around.
It's mostly because of the price. It's more on the reason on why the specific coin/token dropped in price. Developers abandoned it? Then chances are it might indeed die of no other developers take over and if there are no running nodes left. Also, with bitcoin? It won't be dead even at $1. It was made to work and to be up running regardless of price. When bitcoin was new, it was almost worth nothing. But yet, it was "alive" and working.
bitcoin was $1 once, and crypto has grown a lot beyond bitcoin. money is still made in a down market, so exchanges would still be running!
if people rush to sell their bitcoin = more cut.
if people rush to sell their bitcoin = more cut.
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 as there are people using, investing and trading with a certain coin/token, that coin/token will continue to exist. Price is another indicator that a coin is still alive and will still exist in exchanges. No matter how low the price become, as long as it doesn't reach zero value, the token is to invest into.
If ever bitcoin dumps to less than 1k, we still can't consider it dead. Remember that before bitcoin reaches $20k dollar last year which is the highest peak it reaches after almost a decade, it started from $100 but still it gives us that price last year.
A coin never die, especially BTC or ETH, their value can be under your mark, may be they will take longer to climb up than you thought, but never dies.
There is not any fixed amount at which a currency die. For example during The Great Depression of 1929, The German currency fell down steeply but that did not meant that the currency died. A currency dies when there is no use of it anymore.
The market cap of Bitcoin would still be very high, even with a price of 1000$. Would not be dead at all IMO. I would consider a coin dead, when it's value is 0, so there is nobody, who would pay for it.
This is a tricky question but I think a coin will be considered dead when it becomes priceless. Priceless not in the sense that it is too expensive for people to afford but when it becomes useless and no one places a buy order for it.
It cannot be used as a reference, because a coin is considered dead or will be delisted from an exchange if the market no longer requests for the coin.
Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
No, at those levels there will still be a lot of demand since the price reached so cheap levels. Remember that no matter what the price is, Bitcoin has reached high levels of trust among cryptocurrency users, if the price reaches 1k, the overall sentiment will be extremely bad, but only for a short time as there'll be a lot of positivity around Bitcoin, especially from investors who will pour tons of capital to buy btc at low prices.Even at $100, btc won't die, as long as it keeps working as intended and demand still surrounding the market, you can bet that Bitcoin will be around for a very long time.
But to answer your main question, a coin will have to reach very low levels of trading volume in order for exchanges to finally delist it. If there's no demand for a coin then, eventually, it will die.
Isn't this obvious? A coin will be considered dead and (should be) delisted when no one is trading that coin anymore? Because no matter the price, if people are still trading a particular cryptocurrency, it will still have value.
It's mostly tied to the trading volume.
As far as there are active orders with people buying and selling, the coin can't be termed dead, but without trades and no coins in circulation.
It can be said that holders have abandoned the coin/token and investors are not interested.
At this point, top exchanges (if it has gotten to any) would likely delist it. And maybe CMC as well.
It can now be termed dead.
Maybe they need to relearn the trade, it doesn't make sense if they say that the coin will die, how is that possible? while many coin users make transactions such as buying or selling.As far as there are active orders with people buying and selling, the coin can't be termed dead, but without trades and no coins in circulation.
It can be said that holders have abandoned the coin/token and investors are not interested.
At this point, top exchanges (if it has gotten to any) would likely delist it. And maybe CMC as well.
It can now be termed dead.
Coins will continue to live because there are still people who buy or sell them.
coins are considered dead when not many people are interested to become a place for investment, trading, and transaction, such as uahpay.
there is no special nominal value to consider it dead, even if bitcoin falls below 1k, but when bitcoin is still traded at a very low value, bitcoin is still alive.
there is no special nominal value to consider it dead, even if bitcoin falls below 1k, but when bitcoin is still traded at a very low value, bitcoin is still alive.
Price is not just an indicator we can use. There are more. For example, trading volume could also be used. Because we can not use an exact price to determine. Even if a coin is delisted, it doesn't mean that is dead.
I think to say it will die is not true. It's tricky, but we're looking at a totally new form of currency. There are going to be ups and downs, and I think people who see it as a get rich quick scheme will be disappointed, but I mean, look at this: https://bullionexchanges.com/learn/buy-gold-with-bitcoin You can buy real, physical gold with bitcoin. It's the leading form of cryptocurrency. It isn't going to just die.
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?
Coin will die when the coin is not needed. When coins are still needed and there are still people who use them, the coin will exist. Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
This is what is called the demand factor, when there is still demand, the coin will never die.
For me every coin that has a good chance, what will differentiate is how the developer develops the coin or not.
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