Many projects are dead? - page 66. | Bitcointalksearch.org

aligator2017

sr. member

Activity: 532

Merit: 250

The Exchange for EOS Community

Quote from: jemura on September 10, 2018, 11:49:27 AM

Before investing in a project, it is necessary to study it carefully. If the project team works hard, then it's not scammers.

This is not an indicator if the team works hard - if it is the beginning of the project they may work hard to attract more investors. And there are a few examples when team showed "great results" and right after ICO they stop doing everything and disappear. But DYOR is needed of course. To choose the right team, with existing teammates at least

ziggy21

jr. member

Activity: 97

Merit: 1

Centra is definitely one of those scam projects, there was a time around December last year thatvthere were thousands of cryptocurrencies on the coinmarketcap and when you combine that with the hundreds of ICOs happening each month, then you will realize that over 80% of ICOs are scams and only a few tokens will survive the market conditions so you have to be really picky about the ICOs you invest in.

leha-muzichuk

newbie

Activity: 101

Merit: 0

Many projects will never be able to implement ideas. The team lacks experience, or the idea is too complex, do not collect enough investment

Ubrfeh

jr. member

Activity: 238

Merit: 1

I think this drawdown that is, will show many projects that will not recover, here they are definitely dead

whyrqa-1

member

Activity: 350

Merit: 10

Quote from: Querubbin26 on September 10, 2018, 04:12:08 PM

That is normal that happens with the new technology, remember that there is no money for everyone, and undoubtedly many projects will fail before achieving something significant, especially now that the market is in decline, it is much more difficult to maintain.

The fact is that not only the bad condition of the crypto-currency market negatively affects the development of many projects. Investors do not want to invest their money, because a lot of the project is being developed by scammers to steal their money.

Querubbin26

newbie

Activity: 98

Merit: 0

That is normal that happens with the new technology, remember that there is no money for everyone, and undoubtedly many projects will fail before achieving something significant, especially now that the market is in decline, it is much more difficult to maintain.

blacktux88

member

Activity: 308

Merit: 10

that's the main problem.
unfortunately there was some fake ICO.

these projects as well as all others now have a hard time to survive.

I think that the icos will not bear their fruit until a few years later.

Quote from: daoquanghuan on July 02, 2018, 12:12:04 AM

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?

UnDerDoG81

legendary

Activity: 2179

Merit: 1201

Quote from: irixo10 on September 10, 2018, 11:58:09 AM

Quote from: jemura on September 10, 2018, 11:49:27 AM

Before investing in a project, it is necessary to study it carefully. If the project team works hard, then it's not scammers.

I also researched a few projects and decided to invest in them. The first time Dev works very hard and constantly updates, but over time updates slowly and it gradually dies. We only know the exact altcoin scam after a long time of operation

I think soft-cap projects are projects that are very likely to die in the future because they have little capital to maintain, community and user interest high

jekainvestor

sr. member

Activity: 924

Merit: 255

Yes, I also faced the same problem, especially with the Centra project, and there are lots of the same projects - Patientory, VSlice and others, that appeared on the start of ICOs epoch, now I choose projects more carefully, and pay attention to the good idea and working product.

pazzanegro

member

Activity: 434

Merit: 10

I also noticed lot of dead projects. It seems like crypto becoming more popular for cheating and scamming people. Unfortunately there is no useful tool for preventing,dont trust even ICO rating sources

Dolmar

newbie

Activity: 53

Merit: 0

were they projects in the first place? That should be the first question to ask if those projects were ever established. Some Icos just raise the monies from investors, share the tokens and the team disappear into thin air. In that case what it means is that they never developed the said product in the first place. So the token will slowly die out of the market as quickly as possible since there is no product backing or a team to push the product forward. That is what is happening to most of the projects after ico.

skiorf

sr. member

Activity: 812

Merit: 310

Every case experienced by a failed project has almost the same cause. Many people are easily tempted by income from crypto. With whatever knowledge they have, without thinking long they dare to create a new project and produce a new product. Their abilities that are not yet capable enough so that they do not have good fundamental preparedness. So the product has not been well received in the community because the ideas, concepts, and prospects offered are still not attractive enough. This made investors reluctant and hesitant to invest so that they failed to reach the target and in the end, the project stopped midway and died.

klement.i

jr. member

Activity: 222

Merit: 2

"Sponsy Tokensale is Hot! www.sponsy.org"

Quote from: jemura on September 10, 2018, 11:49:27 AM

Before investing in a project, it is necessary to study it carefully. If the project team works hard, then it's not scammers.

Agreed. In any case, if you communicate with the team and participate in the life of the project, it is easy to understand the scammers in front of you or not.

ilya_safronov

jr. member

Activity: 151

Merit: 2

It all depends on the investment strategy. I like for a long-term investment and do not invest in projects below the top 50, these projects for a long time already exist and work, and I doubt very much that close. So choose only high quality ICO, which will bring a good profit. Yes, the market is a lot of dead projects, you should try to recognize and ignore. All good investment!

irixo10

full member

Activity: 1078

Merit: 104

GoMeat - Digitalizing Meat Stores - ICO

Quote from: jemura on September 10, 2018, 11:49:27 AM

Before investing in a project, it is necessary to study it carefully. If the project team works hard, then it's not scammers.

I also researched a few projects and decided to invest in them. The first time Dev works very hard and constantly updates, but over time updates slowly and it gradually dies. We only know the exact altcoin scam after a long time of operation

jemura

full member

Activity: 406

Merit: 100

“Revolutionising Marketing and Loyalty”

Before investing in a project, it is necessary to study it carefully. If the project team works hard, then it's not scammers.

joshsmith15

newbie

Activity: 65

Merit: 0

There seems to be, we'll have to wait and see how the active ones progress though, still plenty of time for some to do well.

Cubanlinx81

member

Activity: 373

Merit: 11

CryptoRex

I wouldn’t say that the ICO market is dead, but the community is more educated and they are choosing much better projects. Hype no longer works on the community so projects are going to have to begin to bring real value if they want to raise thousands of Ethereum in the future.

gurumander

copper member

Activity: 70

Merit: 0

Investments in ICO in the course of a half year bring very little profit. In 2017, my vzlyad was the dawn of ICO and the profits then were very large. This year, all the projects I have invested in have brought me only one loss.

BluRPie

hero member

Activity: 896

Merit: 504

I think that 80% of projects with capitalisation under 1 million dollars are dead already or will be dead soon. Unfortunately some developers don't know what doing with the project after the launch.

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