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Topic: Dead Coins - page 15. (Read 2277 times)

legendary
Activity: 2254
Merit: 1377
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August 28, 2021, 03:04:03 AM
#13
Do you hold any dead coins?

'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'

How should we manage dead coins?
I think there is no hope for dead coins or someone loses liquidity. Why? Cause nothing we could salvage from it. It will served as a trash on our wallet and nothing we can do about that. Plenty of projects I have grom airdrops and bounty are just stuck on my wallet and just displayed without any use. I dont want to change my wallet since its a long time used of mine but this has a sentimental already for me and even its full of shitcoin its a remember that there are too many projects becoming dead once in a while.
sr. member
Activity: 952
Merit: 250
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August 28, 2021, 03:03:10 AM
#12
Do you hold any dead coins?

'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'

How should we manage dead coins?

Honestly I still hold those dead coins until now, and hope to see any miracle that's going to happen someday. I would like to think that it's not scam but it can't be denied that reality was harsh. Certainly their website is closed and their project platform was confirmed dead at all. If one day shitcoins will be risen from the dead, I'd love to sell all of them and absolutely take my gains then go for a vacation.
legendary
Activity: 2688
Merit: 1065
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August 28, 2021, 02:58:30 AM
#11
How should we manage dead coins?

Are you serious about this question? Why should we manage a dead one? What's the benefit? What's the advantage? What's the sense of doing it? Literally, they are dead so just keep it that way. No need to do something as any efforts will just be wasted. Don't transfer it to other wallets too as you will spend fees for nothing especially if that's an ERC20 token.

Don't ever think too that someone will buy those stuff. You are lucky if you found one.
legendary
Activity: 3094
Merit: 1069
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August 28, 2021, 02:48:11 AM
#10
There were so many dead coins in my old ethereum wallets that I had to squeeze out anything and left it to clean the clutter. With lower fees of BSC chain and polygon, moving onto or creating several address for different purpose is easier. Most of the coins kept on decreasing in price as the developer left the project and got delisted from every exchange or are so less that the fees of moving them is larger. There are also so many useless coins sent for fun or scam coins with some loopholes in smartcontract. They are even abundant in newer torn and BSC chain ecosystems.
sr. member
Activity: 1302
Merit: 250
August 28, 2021, 02:27:02 AM
#9
in my wallet there are lots of coins that are not taken care of (dead coins) and have been left by the developer.
actually there was a little regret when I didn't just sell coins like this in the past but for now it feels like it's too late because these coins are worthless, but the good side is that now I'm not too focused on coins like this, it's different from when I started there. here for the first time I am always enthusiastic to get all the rewards both from bounties and airdrops because at that time I assumed that all coins when held for a very long time would increase and the price would be fantastic but this is just an expectation from my greed. and now I have started trying to explore and research before starting a project so that things like this can be minimized.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
August 28, 2021, 02:24:03 AM
#8
https://etherdelta.com/ where thousands of junk coins are registered. just visit the site, who knows your coins can still be sold there even though the price is 1 cent
actually there is a thread in Altcoin marketplace that buys shitcoins and i guess even Deadcoins , i just cannot dig it now but I'm sure i come across that thread somewhere last year.

but of course Etherdelta is having tons of deadcoins listed.

____________________________________________________________

I have couple of Dead coins in my Ether wallet, coins that i bought when i was still newbie and being lured in promised project.

How do i handle them? nothing but just letting them stays there , hoping that one they someone will manage to bring those coin breathing lol.
hero member
Activity: 3052
Merit: 651
August 28, 2021, 02:10:39 AM
#7
Will you really put effort into it?
If you want, then there's a solution. Create a dummy account. Send all the trash coins to that account but you will be spending gas fees for this.
If it's under BEP-20 then I might do it, but if its under ERC20 (Ethereum Chain) will you waste that valuable coin just for gas? Think about it. Twice.
It's just a waste of time and money. Let it be. I know some of us wish for a clean wallet but it's on you if you want to pay for cleanliness.
full member
Activity: 966
Merit: 102
August 28, 2021, 02:06:29 AM
#6
I do have of course, this dead coins were previously obtained from bounty and some of them are scam, sometimes you will just see that there's a coin on your wallet that you don't know I consider this as dead coins since in reality they don't have really value at all. I was wondering if we can recycle this dead coins in exchange for Bitcoin.
full member
Activity: 378
Merit: 135
August 28, 2021, 01:28:02 AM
#5
I was going through some old SSD from about 5 years ago and found a few passwords to some wallets that I had forgotten about long ago that I used for projects or to receive tokens from. There were a bunch of old coins in some of them like XIOS and a few others I can not remember. Reminded me of the good old times when the first Altcoin bull run started.  On the plus side that same time I found 20 BNB that was worth next to nothing long ago.  That was a pleasant surprise.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 28, 2021, 01:20:09 AM
#4
Do you hold any dead coins?
I took part in a project called Viuly, some years back. The concept was good but the funding became a problem I think. It was to become a crypto-backed version of youtube. They were unable to get the website started and then the project was asking for donations and then abandoned.

Now we cannot conclusively call the project as dead or abandoned - one day the developers might come up with a new plan but the token is dead long back. I have several of those I got from the bounty and did not sell them at their ATH and now I dont have any use for it. Cheesy

Quote
How should we manage dead coins?
Forget and move on. Accept that the project is not coming back and any money or time invested in it is lost. Lesson learnt is that one should stop investing in altcoins but focus on bitcoin only.
newbie
Activity: 15
Merit: 0
August 28, 2021, 12:26:11 AM
#3
https://etherdelta.com/ where thousands of junk coins are registered. just visit the site, who knows your coins can still be sold there even though the price is 1 cent
full member
Activity: 700
Merit: 100
August 28, 2021, 12:22:12 AM
#2
I also have some coins that have died, all their channels are also inactive. so now we don't need to manage it anymore, our energy is wasted.

from now on leave them (dead coins) and focus on other coins that still have prospects.
jr. member
Activity: 132
Merit: 3
August 28, 2021, 12:04:49 AM
#1
Do you hold any dead coins?

'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'

How should we manage dead coins?
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