Beware - Resurgence of previously inactive projects

bitsurfer2014

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Quote from: Shallow on July 10, 2019, 05:53:16 PM

Thank you for bringing this up. Most people are yet to see the truth behind these projects waking up from their great slumber. I think if a project should go mute over a length of time only to wake up when the market is favourable, such project should be stayed away from because they have nothing to offer.

In fairness, there might be some exceptions since still there might be some sound projects who had been much affected by the recent crypto-winter and had been less active during those days but had gone more active these recent days but I guess we have to be more cautious especially for those projects which up to now don't have any Github activity or at least a beta version of the product to show to the community.

bangkecol

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I agree with you , we must be carefull about revival of inactive projects after long time no activity.
They may only want make a pump or dump only in the market.

Shallow

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Thank you for bringing this up. Most people are yet to see the truth behind these projects waking up from their great slumber. I think if a project should go mute over a length of time only to wake up when the market is favourable, such project should be stayed away from because they have nothing to offer.

Rahman11

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It's a harassment for which involving in like this project, also for bounty participants it's a harassment for their. and many of this type of shit projects only coming for scam with publics!

bitsurfer2014

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Quote from: fudster on July 08, 2019, 06:53:59 AM

Seen some projects doing ICO last year which were assumed scam by its bounty hunters but now are slowing getting alive in their telegram channel. The Swipecrypto project for instance, didn't pay their bounty hunters but stopped their presence in their channel but this time there appears a new admin and then seem they are going to continue the project.

I smell something fishy with those projects but in fairness with them yet though I'm a little bit skeptical, I was thinking that unless they can show product updates or better yet release a final product then my resolve is to take caution on this projects consequently.

fudster

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Seen some projects doing ICO last year which were assumed scam by its bounty hunters but now are slowing getting alive in their telegram channel. The Swipecrypto project for instance, didn't pay their bounty hunters but stopped their presence in their channel but this time there appears a new admin and then seem they are going to continue the project.

jacafbiz

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When one sees events like this repeating itself again then the bull market is confirmed, just wait for some months and we will start reading about projects scamming people and disappear, this is a good news for those bag-holding the coins because it would give them hope of the price going up

michellee

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Quote from: moonblocks on July 06, 2019, 08:32:09 PM

If a project has acquired a new development team who's active and have a good reputation then it can be worthwhile investing in, but if it's just being pumped and dumped without anyone contributing to its development and community then it's unlikely to be a viable long term investment

I guess that will not be easy to convince the previous investor or community to join in the project because I think they are getting a bad experience from the previous team or developer. And maybe that will be a hard job for the new development teams to convince the new people to join in their project. They need to promote in many places as they need to build a new community to help them to reach the new goals.

yongonepangl1

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Quote from: bitsurfer2014 on June 30, 2019, 07:57:49 PM

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

IEO trend is in vogue, they will return and IEO on a good exchange

Neovitadi

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Quote from: Argoo on July 07, 2019, 12:20:00 AM

Quote from: bitsurfer2014 on June 30, 2019, 07:57:49 PM

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

Yes, I have already seen several resumed fundraising projects of ICO, which have already conducted their own ICOs. If they simply did not raise enough funds for their project or suspend it, then I don’t see anything wrong here. Even good projects during the bear market could not collect even the minimum amount.
However, I was recently surprised when I saw that the Taklimakan campaign, which last year conducted the ICO and issued its TKLN tokens, and which I received for signing up for the campaign, signed the ICO, again began to raise funds. It is really necessary to beware.

Well, with every investment that you do online you should use caution before investing in it. The idea of the project resuming shows that the developers could be interested in building their project.

Argoo

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Quote from: bitsurfer2014 on June 30, 2019, 07:57:49 PM

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

Yes, I have already seen several resumed fundraising projects of ICO, which have already conducted their own ICOs. If they simply did not raise enough funds for their project or suspend it, then I don’t see anything wrong here. Even good projects during the bear market could not collect even the minimum amount.
However, I was recently surprised when I saw that the Taklimakan campaign, which last year conducted the ICO and issued its TKLN tokens, and which I received for signing up for the campaign, signed the ICO, again began to raise funds. It is really necessary to beware.

maldini

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Quote from: kawetsriyanto on July 06, 2019, 06:20:02 PM

I ever find out several projects that are considered as a dead project, but then, its resurgence is rising and surprised most investor or token holders. Actually, this may happen, but so rare. However, in fact, a legit project will always offer long-term investment worth. It means that sometimes, we need more than 2 years in order to allow the projects to grow on the market. We cannot force the projects to grow in a quick time.
When the resurgence of the inactive projects are coming, it really signs that the project may be legit enough, with certain real products and we must watch out and analyze more about the projects.

yup right, I also experienced this, the project that I thought died then gave me an epic comeback, at that time I was sorry. But I also realized that my decision was also right because not all projects had the same fate, maybe there were only 1: 100 projects like that.

Now I'm monitoring a new MB8Coin project, where this project is the top choice project according to coinschedule last year. And now it looks like a dead project, but I'm sure this will surprise you later.

moonblocks

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If a project has acquired a new development team who's active and have a good reputation then it can be worthwhile investing in, but if it's just being pumped and dumped without anyone contributing to its development and community then it's unlikely to be a viable long term investment

nanaimogold

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Quote from: bitsurfer2014 on June 30, 2019, 07:57:49 PM

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

I noticed this scenario some weeks back. Old and failed cryptocurrency projects juggling up in the wake of bitcoin moon to see if the can cash out on unsuspecting members of the cryptocurrency community. Everyone should beware

kawetsriyanto

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I ever find out several projects that are considered as a dead project, but then, its resurgence is rising and surprised most investor or token holders. Actually, this may happen, but so rare. However, in fact, a legit project will always offer long-term investment worth. It means that sometimes, we need more than 2 years in order to allow the projects to grow on the market. We cannot force the projects to grow in a quick time.
When the resurgence of the inactive projects are coming, it really signs that the project may be legit enough, with certain real products and we must watch out and analyze more about the projects.

Rengga Jati

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I'm ever in this place and situation where the inactive projects are coming.
Well, actually, as an investor, we must always update the chance of the new projects whether they are developing or progressing or not.
But with the resurgence, what will happen actually? I'm still confused about this kind of situation.

b3llsf1l3s

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Quote from: Red-Apple on June 30, 2019, 08:36:14 PM

most projects are doing their very last pump before their complete exit where the token dies for good and never seen again. that is natural course of this market specially when it is filled with thousands of useless projects that were created only to get pumped and dumped for a shirt time.

Usually, but however in a market that is truly unstable like this for now it is very rare. Last year I also often took part in a really good project, the Russian Project if I was not mistaken, and entered into the Yobit exchange, unfortunately their coins could not be listed in Coinmarketcap, where is it now unknown. I also did not see any news of the last Pump for the coin.

bitsurfer2014

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Quote from: ?? on ??

Quote from: bitsurfer2014 on June 30, 2019, 07:57:49 PM

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

I doubt that this is a red flag. Actually most of the projects conducting ICOs have been inactive for a year now just because of the market situation. Look for other criteria to evaluate project correctly.

I beg to disagree, any project that leaves its community alone without any update or news is very unethical and unusual. I suppose most of these projects don't give importance to their community especially since most of them don't have any product development or roadmap updates and nothing to show off to the community other than their broken promises. Conversely, the crypto winter is a shallow alibi for them not to get in touch with their own communities since some projects also managed to give updates and constant interactions with its people and continued its product development regardless of it.

rdewilde

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Funny as it is, but that's totally true and their intention is clear they are out to scam more people, but they will fail. Imagine a project going cold and all of a sudden rising? No one will take it serious as they have learnt their lessons.
Nevertheless, we should be careful because they will come with good Incentives to draw people, let's always endeavour to research and safeguard your funds.

Delilonia1

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Quote from: bitsurfer2014 on June 30, 2019, 07:57:49 PM

There has been a revival of activity on some projects who had gone cold with little to no activity on their different media channels during the crypto winter - leaving their own communities clueless on the status of these projects. I thought it would be good if the crypto-community would be more aware of this because it could be a red flag and a sign that these projects don't really care about their stakeholders.

I totally agree with you. Why will they be quiet for so long only to resurrect now that the crypto market is looking green? Let's be guided. In my opinion, I think these people dont really care about their investors, leaving them clueless about what exactly is going on. That's totally unfair. If they are active again, it's not a good sign

Topic: Beware - Resurgence of previously inactive projects (Read 736 times)