Topic: At what price will a coin die? - page 7. (Read 2735 times)
Exchanges delisting would depend on public demand for the Bitcoin. Though People will never stop trading for Bitcoin even if it comes at 1K USD! So, If people keep trading then exchanges will not delist. But suppose, BOLL is a coin and it's price hit the highest value ever in USD but no one interest to buy or trade it, then the exchange will delist that coin immediately! I hope you understand the fact.
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?
You can't consider it dead simply because there are still user and many are still supporting. I will consider it dead if no one is supporting or using it already even if the coin still has a price. So you can't call a coin dead by it's price or because it is falling deep. Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it 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?
You are wrong to say if bitcoin go below 1k it will be considered dead because even at 1 cent a coin can not be considered as dead and the only time I think a coin will be considered dead is when it is delisted from the exchange because the exchange is the only platform that make it possible for any coin to be traded so any thing outside the exchange lead to the dead of such coin. Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
There is no general standard to ascertain that. Traditionally a coin would be considered dead if the value stands at 0 at any given currency.
It solely depends on the trading volume. As long as the buying and selling is going, you can not call it dead. When the coin circulation is off, that may be the end.
If the coin has no developer and no community support whatsoever, that might be sign for it. A dead coin will also have no exchange support and no matter how much of them you hold If you can't use it, it is flat dead. However it is highly unlikely bitcoin will face the same fate even if goes down $1k. Bitcoin has reached millions of people one way or another. Day by by, the market is expanding and the coin itself is being established as a proper currency.
In my opinion only the price doesn't determine when the coin will die rather when there is no support from the developers and the community becomes silent and loose interest about it, that is the point when the coin is considered to be dead.
Even an abandon project by developer can still have value as long trading are strong and exchange won't delist them. So coins will die if no exchange since you can't trade it. Most coin who are scam are still have value when its still listed. Like bitconnect that just become dead last month after delisting to its all exchange.
Hundreds of coins were dead already. You can check the trading volumn.
People love predicting what the future has in store for them. They predict sports scores, the way their interactions with other people will go, the weather etc. One thing we have recently started predicting the future of are cryptocurrencies.
As of the moment, Bitcoin is down 70% with alts being down on average more than 80%. Most people are wondering if and when will this negative trend be broken. For now, it’s hard to say when, but we are almost certain that it will happen; There is a lot of room to go either up or down.
As of the moment, Bitcoin is down 70% with alts being down on average more than 80%. Most people are wondering if and when will this negative trend be broken. For now, it’s hard to say when, but we are almost certain that it will happen; There is a lot of room to go either up or down.
in my view so far, bitcoin won't die even if the price falls. Instead, people will flock in search of how to mine more and the possibility of dying is other coins that want to follow in the footsteps of bitcoin but lose miners and eventually leave (die)
So long as people continue to trade a certain coin, I believe that it will not die and exchange may not delist it since they will be making money from trading activities. I have not read it anywhere that a coin will due at a certain price. As for bitcoin, it can no longer die.
I think bitcoin will be dead if only it's price will be 0 $. 1,000 $ for 1 BTC is not so small price. The exchanges delist coins, because of low usage of that coins, but not low price.
There is no price basis for a coin to be considered dead. when the coin is no longer a user or interested person, and dev does nothing for their coins, it is considered dead. the exchange delisted because of that. coin does not have a future, prices are manipulated by pumps and dumps. and there is no update from the developer.
I agree. There is no basis what price the coin has to be considered die because sometimes it just fall but the development not yet done and giving the investors more opportunity and support it. The coin that considered dead is a coin that has no update about it and abandoned by developers and no more investor interested on it. Coin keeps on falling and do not get up again and forget in the market like it did not exist.
I think it is not based on price but based on the volume of trading transactions, there are several exchanges that give conditions for the minimum volume of coin transactions must be a few dollars or btc, and the policy is usually applied on big exchanges or 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?
Perhaps only when Bitcoin recovers, other coins will be traded at more speed and status. Higher prices may determine the survival of Bitcoin at this time.Bitcoin will early reach $20.000 again. Like bitcoin was 20k in jan so if it reaches less than 1k we can consider it dead?
There is no price basis for a coin to be considered dead. when the coin is no longer a user or interested person, and dev does nothing for their coins, it is considered dead. the exchange delisted because of that. coin does not have a future, prices are manipulated by pumps and dumps. and there is no update from the developer.
I believe that this will not happen. But even if it happens bitcoin will touch its minimum point from which it began to grow. There are a lot of examples for such situations.
When a particular token is below the started amount price or probably below the ICO price is sold through the ICO then a coin is probably dying but not yet finally died and so many things can still be done to resurrect back to life the coin.
It is very difficult to be certain at a price that is stable and stable when the market is moving steadily. So the coins can die off as the price gets lower and lower.This is what is forecasted and i think that it is also an opportunity for us to get rich when we use the opportunity.
I agree with you. If it comes a day that bitcoin go below 6000usd, then it will be surely a bargain. With all of what bitcoin can do, it can go back and moon again.
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