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Topic: Ideas - dead cryptos - page 11. (Read 2003 times)

hero member
Activity: 1204
Merit: 509
June 30, 2019, 12:41:40 PM
#3
What dead crypto currencies do you know?

What are the possibilities for crypto currencies that almost can't be exchanged any more?

Do you have any ideas how to make money on big amounts of abandoned cryptos?

There was a coin over at poloniex ages ago (coinsource? or a similar name) that did a 1-1 swap for dead coins. And unlike a lot of 'cleanup' coins, a working wallet wasn't a requirement. Instead they accepted a screenshot of a wallet, with a general limit on how much would be given out -- as otherwise folks would fake it and abuse the giveaway.

That could work again, if anyone out there ever felt like making a Lazarus coin and bring dead coins back to life.

Otherwise with no working blockchain, I guess tax loss harvesting is the only way to get anything out of it? You may need to destroy the wallet or do something like that to prove the loss... not entirely sure what is required, but a tax guy would know.
sr. member
Activity: 1414
Merit: 270
Undeads.com - P2E Runner Game
June 30, 2019, 12:18:14 PM
#2
What dead crypto currencies do you know?

What are the possibilities for crypto currencies that almost can't be exchanged any more?

Do you have any ideas how to make money on big amounts of abandoned cryptos?

If the coin/token is listed on the exchange, you can try to play MM (you are talking about a large number of coins). First, you have to spend a little money on pumps. Secondly, the same large coin holder can sell you their coins; ie, ahead of you and come out with less loss, and possibly in a positive balance.
If the coin/token is not listed on the exchange, then there are almost no options to "revive" this cryptocurrency.
newbie
Activity: 5
Merit: 1
June 30, 2019, 12:07:34 PM
#1
What dead crypto currencies do you know?

What are the possibilities for crypto currencies that almost can't be exchanged any more?

Do you have any ideas how to make money on big amounts of abandoned cryptos?
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