At what price will a coin die? - page 3.

Timmzzy

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SOL.BIOKRIPT.COM

Quote from: Cryptopotato021 on October 22, 2018, 07:03:32 AM

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?

I don't think there is a standard to what you asked. A project can die right from the very state of its ICO

mohammedmattar

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The currency dies if I lose those who want to buy them at very low prices and this is almost impossible
Unless something extraordinary and unique such as the collapse of the currency project occurs
Or if the developers abandon the currency as mentioned by one of guys.

tikaka

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When that currency still exists on the exchange, I think it is still alive and growing. And of course, when the value of the bitcoin from $ 20,000 drops to $ 1000, it still exists and is still likely to grow again.

Xardasim

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Quote from: Cryptopotato021 on October 22, 2018, 07:03:32 AM

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?

Bitcoin is Bitcoin. Considering that it is valuable in its own, there is no need to calculate the price with the USD, so it doesn't die. There were times when Bitcoin's price was under 1USD. Also, it has to be ruined for his death, which is impossible.

bangkecol

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Quote from: Cryptopotato021 on October 22, 2018, 07:03:32 AM

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?

I think the Coin is said to die if it has no value, if the bitcoin from January 20k to 1k is a fluctuating price value that occurs, but it is different if the price of bitcoin has reached the point where 1 bitcoin has no price of nearly 0.

bosta20

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Quote from: Cryptopotato021 on October 22, 2018, 07:03:32 AM

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?

Lol...dead to me is probably when an Exchnage delist it...

abound

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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.

tokexchain

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Quote from: Cryptopotato021 on October 22, 2018, 07:03:32 AM

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?

Tokens do trade for just a few sats up to many many thousands, there is no set standard for an exchange to delist, they still make money on the fees unless of course all the market activity ends, say on an announcement that further work on the protocols and standards are not to be continued, for instance. This development work is key to a digital tokens ongoing life and this is also the reason for the most popular of these being at such a good price per token.

Most of the times when an exchange announces a delisting, this is usually to do with the ending of a tokens development, sometimes even; the blockchain has problems, the exchange reaches out to the developers and with no response, there is no choice but to delist.

There are many other reasons too...

jwcastle

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I think a coin will be dead when there are no more miners. Transactions need miners to verify transactions as new blocks are found. Even as most miners quit, it'll be okay since difficulty adjusts to the total hash rate. There could be one day when nobody wants to mine any more if the price of a coin is so low that even with free electricity, the cost of a mining rig is much more than the value of a coin.

badungs

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In my opinion. The coin is said to die when the coin has no value or price in the crypto market. and the coin has lost all investors or interested ones. at present all coins have decreased by more than 50 percent from the price at the beginning of the year. however, this condition does not indicate if the crypto currency will die. we still remember the initial price when bitcoin was first in the world. Bitcoin prices are much cheaper than current prices. thus there is still a chance for crypto to continue to grow.

SventraPapere

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Of course not.A dead coin can be considered when it starts a negative balance) If we are talking about bitcoin,then of course in any case it is impossible to allow such a catastrophic drop in price.Otherwise, everything will collapse.Many coins are not destined to reach the $ 1000 mark at all.And it is premature to bury bitcoin on this principle is not allowed at all.Once such conversations verticalspacer he's a definite leader on the market.

mahibul49

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i have no idea about this but i think there is no standard for this .
a coin comeback from any price bcz crypto is volatile and if the team sold their token then that coin will die.

norachuks

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Why do people talk about bitcoin dying? bitcoin will not die. the bull will run by december and that is next month.

normanz

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Even though the value of the coin falls is very low but there is still an exchange, it cannot be called dead, and if it falls low and does not exist in exchange it can be said that the coin is dead. Bitcoin is the most popular coin, and even though bitcoin falls, it won't make bitcoin die, calm down because bitcoin will increase again.

nagobinga

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very far from the usual so there is no price at all starting from some markets that already have exchanges or purchases that only get a few dollars.

bajingluncat

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as long as there is a request, regardless of the price even though $ 1 will not result in the removal of bitcoin, and I think as long as there are fluctuations the demand will remain, if the worst possible example is that bitcoin does not have a price and ends then it will be the end of the crypto currency, because I'm sure there will be no altcoins that can replace bitcoin at any time

Felipeo

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EOSABC

I dont think its related to the price of the coin, if the team has sold their share and abandoned the community then the coin will be dead. I have some tokens which are 90% down, still the team is working and executing their roadmap.

Sama517

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There is no specific price at which a coin may be delisted from an exchange. The reason some coins get delisted from an exchange may be as a result of zero trading over a long period of time. The exchange might also have its own criteria.

worldofcoins

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I think the relevance of market price for a coin is not as deterministic for a coin death as much as the market users. I find this as similar as when a coin starts, initially is low in price but it rises with the more investors there are. So as long as there's optimism about the coin, it wouldn't go extinct- it's my opinion.

untugede

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Quote from: Daniel91 on October 28, 2018, 11:49:39 AM

Bitcoin will not die, even if price will be only $1 or less.
We will always have some kind of demand for bitcoin, at least always we will have people ready to sell and somebody who will wants to buy it.
It's the nature of any market.
Of course, in the worst case scenario, we will not have millions users here like now.

indeed that's very true, I also see a very deep decline in bitcoin prices, and I don't think of anyone who says that bitcoin reduces prices until someone says that bitcoin will die, everything is not eternal, but bitcoin won't be able to easily die, and I remain optimistic that the price of bitcoin will grow higher again.

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