Topic: Many projects are dead? - page 36. (Read 11973 times)
Most of the projects are empty ballast and the value of these projects was caused only by the fact that the total market capitalization grew very much. Now when the market is red, many people are starting to see these things.
It's really sad actually how very few projects pushes through, in fact, the top 100 from coinmarketcap is merely an indicator of volume, not project development. I think only the top 20 or 30 of them was really able to push through with the product and service offerings they made to the public and only this number of projects was able to scale from their original projection.
And i really think that this scam or abandoned projects is quite damaging to the cryptospace, they destroy the confidence of people and ruin the level of trust that cryptocurrency has been slowly gaining not only from the public but from the governments too.
It's really normal, just see how much company out there that did private sale of its stock can't survive the hard market. Building company is not as easy as eating candy. You need to go through many thing and even slightest mistake could made a world difference, that's why you need to analyze project furthermore to see the potential and how it will execute. And i really think that this scam or abandoned projects is quite damaging to the cryptospace, they destroy the confidence of people and ruin the level of trust that cryptocurrency has been slowly gaining not only from the public but from the governments too.
It's really sad actually how very few projects pushes through, in fact, the top 100 from coinmarketcap is merely an indicator of volume, not project development. I think only the top 20 or 30 of them was really able to push through with the product and service offerings they made to the public and only this number of projects was able to scale from their original projection.
And i really think that this scam or abandoned projects is quite damaging to the cryptospace, they destroy the confidence of people and ruin the level of trust that cryptocurrency has been slowly gaining not only from the public but from the governments too.
And i really think that this scam or abandoned projects is quite damaging to the cryptospace, they destroy the confidence of people and ruin the level of trust that cryptocurrency has been slowly gaining not only from the public but from the governments too.
Well, the correct thing would be to think that countless designs never came to life! Most of these projects are tokens or cryptocurrencies aim only for profit or fast money! Nothing can be done in the face of this fact, because every year that passes, billions of dollars are coming into play, each one should do strong research before putting their money in, that's all that can be said at the moment. 
Somewhere around 99% of altcoins will be dead within the next year. The vast majority of coins are absolutely trash, there is no way they can survive for the nexr year based on trading alone, there actually has to be some reason for growth like updates or team acquisitions etc.
Many spreadung scams project and Ico’s during these days. Well on some altcoins you are right mostly project are dead value become zero no development from the dev. What is important is let us be careful in investing in some project. Sure, a lot of them should be and there are still alot of them on a life support by now which will possibly die as well, because all projects are scam the ones who makes enough through their ico or those ones who thinks they can still make more money be keep trying are the ones left behind and you call them real project, we are all here for making money and change our lives for good apart from that no one is ready to help the other like they mostly says the benefits of their projects.
Initially, you need to take into account the fact that a lot of the project is fraudulent, and there are also projects with weak teams and with minimal relevance in society. And also it is necessary to take into account the current state of the cryptocurrency market, which, in turn, will have a very strong and negative impact on the development of many projects. Based on this, it is indeed possible to assume that most projects will die.
The ovbious reason is that most of the initial coin offerings were meant to raise cash for their personal needs and since ICOs project lack little or no regulation at the moment, they just knock together something that looks like something that actually works, the end is that the token dies after the initial hype has gone down
I agree that there is quite a large percentage of indicated fraudulent ICOS that can not be considered in this context, but still not a few projects died and still quite a lot will die.
Somewhere around 99% of altcoins will be dead within the next year. The vast majority of coins are absolutely trash, there is no way they can survive for the nexr year based on trading alone, there actually has to be some reason for growth like updates or team acquisitions etc.
Of course , many projects are dead, but it seems to me that out of 1900 projects about 300 projects are still afloat and somehow try to develop
Sure, a lot of them should be and there are still alot of them on a life support by now which will possibly die as well, because all projects are scam the ones who makes enough through their ico or those ones who thinks they can still make more money be keep trying are the ones left behind and you call them real project, we are all here for making money and change our lives for good apart from that no one is ready to help the other like they mostly says the benefits of their projects.
Initially, you need to take into account the fact that a lot of the project is fraudulent, and there are also projects with weak teams and with minimal relevance in society. And also it is necessary to take into account the current state of the cryptocurrency market, which, in turn, will have a very strong and negative impact on the development of many projects. Based on this, it is indeed possible to assume that most projects will die.
Sure, a lot of them should be and there are still alot of them on a life support by now which will possibly die as well, because all projects are scam the ones who makes enough through their ico or those ones who thinks they can still make more money be keep trying are the ones left behind and you call them real project, we are all here for making money and change our lives for good apart from that no one is ready to help the other like they mostly says the benefits of their projects.
That is to be expected in a market as little regulated like this, practically every day there are several ICOs, a large number of them are scams or simply fail because they are bad investments, I think our job as bounty hunters is to try to discover the really worthwhile and support them to succeed.
Yes, Numerous projects are dead!, with the current state of the market, the trend will continue and many more projects will cease to exist. Truth be told, most of these projects lack the driven force that is needed to survive, such as a unique product that would lead to huge demand and adoption of the tokens, all they tend to have mostly is a so called "core team" that are financially driven. The grave get dug once the token is listed on an exchange and there tends to be absolutely no relevant demand for the tokens, then bounty hunters come to the rescue by burying(dumping) the already dead tokens.
That is a fact check cmc you can hardly hear information about those project anymore they are there just like figure head with no improvement and the worst thing is that some investors have heavy big of the dead coin expecting profit someday.
many projects even don't have clear idea of what are they going to do. so we may say that they are initially dead.
many projects have just laid doen under the pressure oc demands we had for them and it is okay for things to happen this way Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
many projects even don't have clear idea of what are they going to do. so we may say that they are initially dead.
I think that many projects are dead but if they are dead this means they haven't had the necessary potential to survive. Why to think of them at all if there are a lot of other projects now?
Agreed. It is necessary to determine for yourself the bar below which you should not look at the coins. If they move above this bar - welcome to the list. If not, expect.
I think the real picture will be clear after the end of the correction. Everyone is waiting and hoping to see the full range of cryptocurrency market. Only then will it be seen what will continue to live and what will not. I think so.
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