Dead Coins - page 9. | Bitcointalksearch.org

cryptoknows

jr. member

Activity: 277

Merit: 5

Quote from: Kongxx on August 28, 2021, 12:04:49 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?

This is because Ethereum and other blockchains such as TRX (where there are also a lot of shit and scam coins) have chosen a slightly wrong policy in the scalability of their ecosystems. This has resulted in a lot of freewheeling typing of this shit, especially during the ICO and last year's DeFi boom. I think this problem can no longer be solved and this information will forever remain in their blockchains. But people are created to littering in your house and reap all the benefits. So why don't we all flood other more functional blockchains like Solana or Near Protocol?

I think sooner or later it will happen

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Shasha80 on September 07, 2021, 06:47:58 PM

Quote from: NewRanger on September 07, 2021, 03:03:03 AM

Quote from: Shasha80 on September 06, 2021, 06:31:22 PM

We only waste our precious time if we think too much about dead coins, because we can't trade dead coins. And we can't do anything about dead coins,
I think just let the dead coins stay in our respective wallets. Because in the future there is a possibility that we can sell dead coins, sometimes some
dead coin developers are active again. But indeed this case is very rare, so don't expect too much from dead coins. I agree with you, we better focus on
coins that can generate profit for us.

forget it and moved to another project will give us another opportunity to earn money again. we could not do anything to dead project, because the dev team let it go and even they withdraw liquidity and sell the rest token.

Indeed, our best step is to look for other projects with more potential. because there is nothing we can do with the dead coins we have. This is
the importance of doing research and analysis correctly before deciding to buy coins, so as not to buy wrong coins. Because what's scary about
the crypto world, most of the altcoins in circulation are just copycats from previous projects. Therefore, we have to be careful in choosing coins
for investment, there are lots of shitcoins in circulation, which have the potential to become dead coins.

Dead coins might have been profitable in its previous months until it came to a point that is own developers have abandon those projects and left them with no value at all. But who knows? They might rise up again and become profitable so we should still not ignore this possibility.

But keeping dead coins is definitely a choice. If you want to keep them and hope that they will be valuable again, then do it. But if you are tired of them and just want to get rid, then let go and move on. Start accumulating new potential coins that you think will be of great advantage in the future.

sisikin

jr. member

Activity: 38

Merit: 6

Whose wallet has no dead coins?
Every time I buy investment coins, I believe that the coins can develop very well. There is no timely stop loss when the coin price drops. After the coin dies, it is kept in the wallet forever.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: NewRanger on September 07, 2021, 03:03:03 AM

Quote from: Shasha80 on September 06, 2021, 06:31:22 PM

We only waste our precious time if we think too much about dead coins, because we can't trade dead coins. And we can't do anything about dead coins,
I think just let the dead coins stay in our respective wallets. Because in the future there is a possibility that we can sell dead coins, sometimes some
dead coin developers are active again. But indeed this case is very rare, so don't expect too much from dead coins. I agree with you, we better focus on
coins that can generate profit for us.

forget it and moved to another project will give us another opportunity to earn money again. we could not do anything to dead project, because the dev team let it go and even they withdraw liquidity and sell the rest token.

Indeed, our best step is to look for other projects with more potential. because there is nothing we can do with the dead coins we have. This is
the importance of doing research and analysis correctly before deciding to buy coins, so as not to buy wrong coins. Because what's scary about
the crypto world, most of the altcoins in circulation are just copycats from previous projects. Therefore, we have to be careful in choosing coins
for investment, there are lots of shitcoins in circulation, which have the potential to become dead coins.

Jolankaa

newbie

Activity: 28

Merit: 2

Here is an article about one of the dead coins. I read about it on Blockster. https://blockster.com/blockdesk/1373_ethereum-classic-is-a-dead-coin-but-the-price-says-otherwise

jakdanyel

sr. member

Activity: 1666

Merit: 304

kycfree

Actually, I believe that there is no need to manage them. Because like you indicated, they are already dead coins. They are and will be worthless all the time. I don't know if there is a way to remove them from our wallet somehow. I also have some dead coins in my wallet and I still haven't done a research about how to get rid of them. If there is way to do it, I will be doing it soon. Grin

NewRanger

sr. member

Activity: 1624

Merit: 341

Buzz App - Spin wheel, farm rewards

Quote from: Shasha80 on September 06, 2021, 06:31:22 PM

We only waste our precious time if we think too much about dead coins, because we can't trade dead coins. And we can't do anything about dead coins,
I think just let the dead coins stay in our respective wallets. Because in the future there is a possibility that we can sell dead coins, sometimes some
dead coin developers are active again. But indeed this case is very rare, so don't expect too much from dead coins. I agree with you, we better focus on
coins that can generate profit for us.

forget it and moved to another project will give us another opportunity to earn money again. we could not do anything to dead project, because the dev team let it go and even they withdraw liquidity and sell the rest token.

Quote from: pauloaragaomelo on September 06, 2021, 06:44:49 PM

Dead coins there is no continuation of development to be raised by the team because they no longer have liquidity so they can't be traded except for non-potential coins there is still a possibility of price growing at some point, I've experienced on non-potential coins so that unexpected coins have high prices .

its not only about liqudity but also about developers team charachter. it possible to happen due dev team want to scam us, alot case happen due this reason.

bakasabo

legendary

Activity: 2492

Merit: 1215

Quote from: Miracletele19 on August 28, 2021, 12:26:11 AM

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

Even if there are are buying orders on Etheredelta, there is a high chance that this order is old and already filled. Etherdelta is full of such mysterious filled orders. Second - the price would be not 1 cent, but 0.000000000000000001 ETH (or 1 gwei). That is much, much less than a cent. And sending dead token to Etherdelta would cost many times more than you will get after sales.

pauloaragaomelo

sr. member

Activity: 546

Merit: 250

Quote from: Shasha80 on September 06, 2021, 06:31:22 PM

We only waste our precious time if we think too much about dead coins, because we can't trade dead coins. And we can't do anything about dead coins,
I think just let the dead coins stay in our respective wallets. Because in the future there is a possibility that we can sell dead coins, sometimes some
dead coin developers are active again. But indeed this case is very rare, so don't expect too much from dead coins. I agree with you, we better focus on
coins that can generate profit for us.

Dead coins there is no continuation of development to be raised by the team because they no longer have liquidity so they can't be traded except for non-potential coins there is still a possibility of price growing at some point, I've experienced on non-potential coins so that unexpected coins have high prices .

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: ?? on ??

Quote from: Kongxx on August 28, 2021, 12:04:49 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?

you can't manage dead coins, so you don't need a way to manage dead coins, because it's not useful for you, so just ignore dead coins that you have, therefore I never check or manage dead coins that I have and only focus on coins that are useful to me (gives me a profit), because it is more useful for me and useful for my time.

We only waste our precious time if we think too much about dead coins, because we can't trade dead coins. And we can't do anything about dead coins,
I think just let the dead coins stay in our respective wallets. Because in the future there is a possibility that we can sell dead coins, sometimes some
dead coin developers are active again. But indeed this case is very rare, so don't expect too much from dead coins. I agree with you, we better focus on
coins that can generate profit for us.

kokrokok

member

Activity: 447

Merit: 11

Koinomo

of course everyone who is here will have dead coins in their wallets and there is no way to manage those dead coins, we can only hold them in the wallet

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: rika0223 on September 06, 2021, 09:48:02 AM

Quote from: Miracletele19 on August 28, 2021, 12:26:11 AM

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

If there is still a price of 1 cent, we still have our considerations for saving it, because we can still save 1 cent which knows it can increase, but the problem now is that the price is not even in the market (there is no name for the coin listed in the market table) so that like no man's coin

If that is the case, then don't bother keeping it in your wallet anymore. It will never rise up again not even its name will be listed again. So just forget about it. Start accumulating coins that have been here in the market for long and are still having good developments up to the present.

I personally avoid dead coins as much as i can but sometimes i still happen to hold it without me knowing that its already dead. Now that i know already that its just useless to keep them in our hard storage, i think its time for me to just put them in a trash as they are good as trash coins.

kumala_abi

sr. member

Activity: 798

Merit: 250

GoMeat - Digitalizing Meat Stores - ICO

Quote from: albon on September 05, 2021, 05:39:26 PM

Undoubtedly, most of us have dead coins because we joined scam airdrops and bounties for failed or scam projects, these dead coins that we received are of no use, but if we hold them in the long term, we may be lucky to get some profit from one of these coins, If you do not want to receive these dead coins in your wallet, you must, before you join any project, make sure of it, its information, and the team behind it.

we could not avoid shit project and shit token in this market either come from airdrop or bounty campaign. not all developers team have good quality developting their project, some of them even only just kidding while they create it. research will be main key to find best project in market.

Quote from: ziyaaa on September 06, 2021, 02:01:00 PM

I try not to keep those kind of coins in my wallet as much as possible. I sometimes see that there are some coins which I didn't even hear about them. They sometimes are locked or open to use. However, I really doubt about these kind of coins as they can be the coins of a scam project. And I think about the possibility that scammers or hackers can hack my wallet somehow while I am using those coins in an exchange.

that possibility happen , and recently i heard this case. suddenly there is new token come to our wallet and try to traded in exchanges but unfortunately our rest assets hacked. we must carefulll with strange token that come to our wallet, better move them to temp wallet that contain garbage token.

ziyaaa

member

Activity: 532

Merit: 18

I try not to keep those kind of coins in my wallet as much as possible. I sometimes see that there are some coins which I didn't even hear about them. They sometimes are locked or open to use. However, I really doubt about these kind of coins as they can be the coins of a scam project. And I think about the possibility that scammers or hackers can hack my wallet somehow while I am using those coins in an exchange.

barbara44

hero member

Activity: 2534

Merit: 605

Quote from: MaiQwaN on September 05, 2021, 07:03:33 AM

I have a lot of dead coins. Some of them have never entered crypto exchanges and probably will not be traded anymore. This fact does not really bother me. Other coins, the price of which in total is a meager amount, does not even make sense to withdraw from the wallet. Especially with such an ether fee.

The best way to approach these things is the simplest way to approach it, just forget about it. Do not think that every single "dead" coin will stay dead, some of them will not stay dead and make you money as well, and in those situations you should be happy that you didn't sold them. I personally do not really sell something unless I believe that it has gone up as much as it can, not when it went down.

It means that if I buy something at 10 bucks and it is 10 cents now then it's not time to sell, if I bought it at 10 dollars and it went to a thousand dollars then it could be a reason to sell, which I usually do not even do that. That's the type of situation we should be in when talking about dead coins, because most of them are not fully dead and even if fully dead then they do not worth anything anyway so why should I sell any of them?

tees420mar

jr. member

Activity: 322

Merit: 1

I think shit-coin as a good opportunity to make quick money in the recent time we have seen many investors invest in the meme coins in hope of making quick money but truth is that hardly 1-2% of them are able to make good money otherwise most of them loose. In recent times many shit coins pump and dump also even we have seen rug pull also where mostly all the investors lose their money so we should focus on good coins rather than shit coins. These shit coins in my opinion ruining the image of the cryptos it is not good for the market I feel.

rika0223

full member

Activity: 634

Merit: 128

Quote from: Miracletele19 on August 28, 2021, 12:26:11 AM

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

If there is still a price of 1 cent, we still have our considerations for saving it, because we can still save 1 cent which knows it can increase, but the problem now is that the price is not even in the market (there is no name for the coin listed in the market table) so that like no man's coin

Lubang Bawah

sr. member

Activity: 1358

Merit: 253

Quote from: Kongxx on August 28, 2021, 12:04:49 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?

There's nothing we can do with dead coins, we just hope they can wake up again so that it makes our money back, since 2016 I like to participate in ICOs even with small nominals of $20 or even less, until now have about 16 coins and tokens died, my mistake is not following regular updates from the exchanges where the coins die.

GatotKaca

sr. member

Activity: 1372

Merit: 250

Seabet.io | Crypto-Casino

Quote from: bakasabo on September 06, 2021, 09:23:23 AM

Quote from: aioc on September 06, 2021, 05:08:14 AM

Quote from: Kongxx on August 28, 2021, 12:04:49 AM

How should we manage dead coins?

There is no way to manage dead coins if the developers walked away, you can use a new wallet so you can leave your wallet where all your dead coins are stored

Sadly, such method not always help. I used to have a wallet with dead or garbage coins. This forced me to create another wallet and move most valuable alts with me. But then it got loaded with that crap again. Specially in last quarter, BSC wallet mainly. It got fillled with scam tokens, which I usually receive almost every 1-2 weeks. These 30+ airdropped scam distract me a lot.

Honestly, it's starting to annoy me.
every transaction made with new tokens on the exchange or with old tokens on the BSC network, there will definitely be trash tokens that enter our wallet.
I'm sure, even if we change wallets, there won't be a solution for this.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: livingfree on August 28, 2021, 08:07:15 AM

I don't.

But there's no solution to that if you want to manage them or get rid of them. Don't waste gas fees sending that to another wallet of yours.

You're good to just leave that wallet that contains dead coins and forget about it.

I don't understand why so many users want to get rid of the spam/dead tokens from their wallet. The wallet will get too crowded, but all that you need to do is to be a little bit more careful while dealing with the tokens. It doesn't make sense to spend valuable ETH on sending these coins to some other wallet, when the gas price is close to ATH levels. Also, some of the online wallets have this option to hide such tokens. Those users who get irritated with such tokens should try this approach rather than spending their money.

Topic: Dead Coins - page 9. (Read 2277 times)