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Topic: Dead Coins - page 4. (Read 2277 times)

hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
October 12, 2021, 06:46:43 AM
Yes, I think everyone has dead tokens in their wallets.Especially those who actively participate in different distributions.And the answer to your question: do not do anything, just forget or create a new wallet if old tokens interfere with you.
full member
Activity: 1358
Merit: 100
October 11, 2021, 09:07:25 AM
yes I have dead coins in my wallet, I had them from the bounties.. most of the dead coins that I had are scams. I just leave them there in my wallet because there is no way we can manage the dead coins maybe sending to the other address is the only way to clean your wallet but you must pay the fees of course, which is not cool.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
October 11, 2021, 06:11:19 AM
Frankly said, yes I have plenty of them. I engaged with cryptocurrency since 2017 so I can say that I hold many dead coins or trash coins until now without knowing what should I do with them. Probably just like other trash, I hope someday there will be a certain project that focusing on recycling these dead coins lol. I don't know whether they have other effects on the network or not but one day dead coins should be liquidated.
member
Activity: 306
Merit: 14
October 11, 2021, 06:03:55 AM
now we have to be really observant in choosing a coin project to buy, this moment is the same as in 2017 where many coin projects have sprung up, but not a few of them prefer to run away after success.
I learned from my friend who successfully made a project and platform swap, but intends to leave after all the roadmaps are considered successful
full member
Activity: 2548
Merit: 217
October 11, 2021, 02:58:00 AM
Do you hold any dead coins?
yeah there are some bounties that i joined and even bought in the past that in the end being abandoned even before hitting the exchange so i also hold them still.

Quote
'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.'
they once have those bur of course now they are dead spots already.
Quote
How should we manage dead coins?
managing? for what? just let them sit in your wallets because that won't change the fact that they are already dead and be forgotten.
full member
Activity: 926
Merit: 100
October 11, 2021, 02:13:03 AM
Having a dead coin is like a rite of passage in crypto. Any crypto head has a little bag of shit or dead coin somewhere in the wallet attics. There's nothing to do about it. Some came as a result of honest mistakes or broke projects. Others by malicious means like rug pulls, exit scams etc. These days more are coming from scam airdrops
I think that this is also very natural to happen because through the Airdrop all programs are easier to print and also easier to make, so it is natural that through the Airdrop it produces more dirt coins than through other things such as the bounty campaign.
full member
Activity: 2268
Merit: 121
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October 11, 2021, 12:51:23 AM
I'm sure everyone here still keeps dead coins in their wallets to this day because we really can't do more with dead coins in our wallets, even though there is a dex platform for coin issues, but if we look at the high fees on ethereum then it will only be a waste to sell the coins and it is better to leave the coins as they are because they will never get any development from the coin owner.
it seems that all those who have been in the business for a long time can be sure to get a lot of coins which, when received, face many problems, from those that have no value or coins are no longer developed and the exchange is no longer active and many other cases.

old coins are still a lot of erc20 and we know that the problem of high fees as you said has indeed occurred, resulting in sometimes costs being higher than the value of the coin itself. so many don't want to look anymore and just keep quiet, because it's not profitable other than that there will be a surprise price hike and costs will drop again.

fees are the main problem why there are still quite a lot of dead coins in people's wallets. considering holding dead coins in our wallet is still better than paying $3 to $10 to make dead coins out of our wallets. In addition, although the opportunity is very small, many people still hope that the coins they hold have a price in the future.
always really hope for a surprise, that a coin that has been in the wallet for a long time can increase in price because it can be from increased bitcoin or there is a surprise like coin doge.
although I agree with you that the possibility is very small, there can be fundamental changes, but there is always a possibility that it could happen. but hope like this is certainly meaningless too, because it is very unlikely.
jr. member
Activity: 840
Merit: 4
October 06, 2021, 10:28:38 AM
Having a dead coin is like a rite of passage in crypto. Any crypto head has a little bag of shit or dead coin somewhere in the wallet attics. There's nothing to do about it. Some came as a result of honest mistakes or broke projects. Others by malicious means like rug pulls, exit scams etc. These days more are coming from scam airdrops
hero member
Activity: 2170
Merit: 503
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October 06, 2021, 01:30:41 AM
I'm sure everyone here still keeps dead coins in their wallets to this day because we really can't do more with dead coins in our wallets, even though there is a dex platform for coin issues, but if we look at the high fees on ethereum then it will only be a waste to sell the coins and it is better to leave the coins as they are because they will never get any development from the coin owner.
fees are the main problem why there are still quite a lot of dead coins in people's wallets. considering holding dead coins in our wallet is still better than paying $3 to $10 to make dead coins out of our wallets. In addition, although the opportunity is very small, many people still hope that the coins they hold have a price in the future.
legendary
Activity: 3346
Merit: 1352
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October 05, 2021, 11:28:37 PM
I'm sure everyone here still keeps dead coins in their wallets to this day because we really can't do more with dead coins in our wallets, even though there is a dex platform for coin issues, but if we look at the high fees on ethereum then it will only be a waste to sell the coins and it is better to leave the coins as they are because they will never get any development from the coin owner.

Most of the coins need their own wallets. So in case a coin is dead, then the user will most probably uninstall the wallet from his laptop or mobile phone. What is the point in keeping dozens of wallets in laptop? Here I am talking about coins, and not about tokens. Tokens can be easily stored in ERC-20 wallets and there is no need to create a separate wallet everytime when you receive a different token. Even I had dozens of altcoins in my possession a few years back. I used to store most of them in exchange wallets. Only for one or two I had desktop wallets.
hero member
Activity: 2884
Merit: 579
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October 05, 2021, 06:56:41 PM
I'm sure everyone here still keeps dead coins in their wallets to this day because we really can't do more with dead coins in our wallets, even though there is a dex platform for coin issues, but if we look at the high fees on ethereum then it will only be a waste to sell the coins and it is better to leave the coins as they are because they will never get any development from the coin owner.
Yes.

That's for sure and there is no choice but to just keep it and if something odd happens like the price of that coin starts to increase somehow. You'll get some break even or at least recover a few loss upon selling it.

As these dead coins are good to be dead and forgotten that will eventually have them almost zero volume.
full member
Activity: 887
Merit: 100
October 05, 2021, 03:11:07 PM
I'm sure everyone here still keeps dead coins in their wallets to this day because we really can't do more with dead coins in our wallets, even though there is a dex platform for coin issues, but if we look at the high fees on ethereum then it will only be a waste to sell the coins and it is better to leave the coins as they are because they will never get any development from the coin owner.
member
Activity: 742
Merit: 30
October 05, 2021, 01:03:18 PM
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?
Yes I have them on my wallet, must of those dead coins were from some low project bounties, some of those bounties will run and after distribution the coin doesn't have value and with some time interval, you will noticed that even their contract address is no more functioning also their official website link won't go, they are very valueless.
member
Activity: 658
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Rangers Protocol
October 05, 2021, 12:52:26 PM
I worked at Airdrop for quite some time. I still have several tokens in my wallet through Airdrop. The amount of tokens is not small at all. Not all tokens will be $ 20. I referred to these tokens as dead tokens. I don't think the price will go up in the future. Many like me have dead tokens in stock.

Airdrop couple of years back was in trend and everyone went for it and mostly many were dead coins itself which hardly or does not have value irrespective of qty we may hold. Just keep it and forget and if luck turns fortunes and someday if any of the coins rise back then consider as a jackpot.


True. I have also tokens from airdrops that are dead. I didn't experienced to become lucky in airdrop that's why I stop participating.
Nowadays there are automatically airdrops which landed to our wallet without participating in any activity. Most of the automatically received tokens from airdrops were/are scam and intended to steal money. Be careful and let us not connect our wallet to their site or else we will end up to zero.
member
Activity: 686
Merit: 26
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October 05, 2021, 12:30:43 PM
I worked at Airdrop for quite some time. I still have several tokens in my wallet through Airdrop. The amount of tokens is not small at all. Not all tokens will be $ 20. I referred to these tokens as dead tokens. I don't think the price will go up in the future. Many like me have dead tokens in stock.

Airdrop couple of years back was in trend and everyone went for it and mostly many were dead coins itself which hardly or does not have value irrespective of qty we may hold. Just keep it and forget and if luck turns fortunes and someday if any of the coins rise back then consider as a jackpot.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
October 05, 2021, 12:28:49 PM
Etherdelta is a famous exchange way back 2017 to 2018. This site has been hacked multiple times where the hackers stole the private keys of users thru domain dns attack. Thanks to Metamask browser extension we can now safely go to exchange websites without sharing our private keys.

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
When there are no many Decentralized exchange, Etherdelta and Idex was too much popular to trade specifically new listed coins, If those are DEX so don’t need official listing by team because in DEX anyone can add liquidity. So as we have seen a lot of shit coins in Etherdelta. It’s hacked a several times but it’s continued for long time but gradually it’s abounded.
full member
Activity: 480
Merit: 106
October 05, 2021, 12:15:15 PM
I worked at Airdrop for quite some time. I still have several tokens in my wallet through Airdrop. The amount of tokens is not small at all. Not all tokens will be $ 20. I referred to these tokens as dead tokens. I don't think the price will go up in the future. Many like me have dead tokens in stock.
This is also a common reason why we've many dead coins on our wallets. The number of airdrops comes out with at least a decent value is very low. Basically, if you participated in airdrops, you literally take into the internet's trash.
member
Activity: 560
Merit: 57
October 05, 2021, 11:53:26 AM
I have some dead coins also in my wallet. But I really have no idea what to do about them. They are just useless as I can't even sell and get rid of them. There must be actually a way of removing them from our wallets. Otherwise, they will just stand there in the wallet as long as the projects don't suddenly wake up at some point. In my opinion, that's near impossible for this kind of projects also.
legendary
Activity: 2212
Merit: 1008
October 05, 2021, 11:35:51 AM
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?

Not to face such a problem, you should follow the project all the time. For example you can join their discord or telegram chat, or subscribe to the latest news of the projects of coins that you invest in.

If you already have dead coins you can just ignore them as they don’t cost anything I suppose and they are not likely to recover in the future. Try to put up with your losses and be more careful next time.
member
Activity: 296
Merit: 10
October 01, 2021, 10:37:27 AM
follow their telegram channel and visit their website for the roadmap that has been built. if there is no update from social media or the token telegram channel that you hold, then it's better to leave and don't just waste your time in expired coins.

The development of a project is easiest to follow from the official telegram group, we can ask about the latest strategies and news of the coins they manage, even the price developments are also there, if there is no latest info or the conversation there has stopped, it can be an indicator that the coin is no longer useful and we better leave it.
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