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Topic: Many projects are dead? - page 74. (Read 11973 times)

full member
Activity: 490
Merit: 100
August 27, 2018, 08:43:59 AM
Maybe that's because after a long correction period many projects could be frightened by such a collapse of the BTC rate and they might think that their service would not be needed at all, but smart people do not do that, I'm sure that's it.
jr. member
Activity: 159
Merit: 2
August 27, 2018, 08:43:52 AM
All fraudulent ICO looking for benefits here and now, so soon after collecting the pool they immediately dismiss the team sell assembled ETH and just disappear. I also fell several times on such projects, they usually advertise at the highest level and I believed them, but in fact was losing money.
newbie
Activity: 210
Merit: 0
August 27, 2018, 08:42:54 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?

Well mate, crypto market is not in good condition that's why small projects are listed in the coinmarketcap. But there is nothing to worry about because this is just part of the volatility in nature. Some ICO projects don't have enough time to prepare for their launching but despite from it I still believe and trust the projects that I have invested. There are still good and promising project that you can invested. Never lost faith in crypto, will wait and see.
newbie
Activity: 154
Merit: 0
August 27, 2018, 08:41:32 AM
Well I do not share this your opinion that many prayer dead well you might have involved your self quite often in not good project but there are so many nice project in the cryptocurrency world
full member
Activity: 346
Merit: 100
BitSong is a dcentralized music streaming platform
August 27, 2018, 08:34:50 AM
I think there are really projects that the developers themselves believed in it and invested not only their money but also time and effort. That is why there are still some coins in the market that even if the price is not improving, they are still present.
member
Activity: 448
Merit: 10
August 27, 2018, 08:24:00 AM
Yes, there were so many projects that many of them would simply die. It's probably normal that only the best will survive.
i agree with this, only the best project will survive in this crypto industry. projects that are not well prepared won't be able to compete with other project that are well prepared.
sr. member
Activity: 1175
Merit: 275
August 27, 2018, 08:20:45 AM
I think the reason for this is because of the currecnt situation of the general crypto market and investors are scared of putting their money in icos then some are because they are not legit or lack good marketing but personally, I trust the projects I invest in and will hold them till the market recover from the bear.
jr. member
Activity: 252
Merit: 1
August 27, 2018, 08:17:14 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?

Today, many of them are taking short-term benefits, because many do not carry out their products or technology consistently. They just think, that the most important thing is to return the investors' profits and their own group profits. This is a danger, because they do not care about the technology or products they offer and there is no definite development.
hero member
Activity: 658
Merit: 503
August 27, 2018, 08:01:07 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?

That is true, there are a lot of scam projects out there, some have died out and some are still very much operating as we speak, planning their exit. It is not good and it is one of the reasons that so many people are so relunctant to invest in new project. The sad part is, there are still so many scam projects coming into the market each and everyday.
newbie
Activity: 126
Merit: 0
August 26, 2018, 06:59:07 PM

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?

I will stick with the project, as long as the project provides benefits and not a scam. because it's hard to know a really good project, even though we have followed it.
full member
Activity: 700
Merit: 100
August 26, 2018, 01:20:47 PM
Yes, there were so many projects that many of them would simply die. It's probably normal that only the best will survive.
full member
Activity: 924
Merit: 106
homt.net
August 26, 2018, 01:17:37 PM
Current market situation cause that investors are not so risky as year before, they try to find the safe place where they invest their money.
And the safe place is Bitcoin or other altcoins in top 20.
full member
Activity: 728
Merit: 131
August 26, 2018, 01:14:03 PM

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?

Bitconnect and centra has to face the case that is why they left the market with no demands.
but the project and some projects will remain great.
we aonly need to stay strong and believe in cryptocurrency.
the only thing that will give life to any project is demand.
newbie
Activity: 70
Merit: 0
August 26, 2018, 01:12:06 PM
A lot of them were over valued to heck and their token price has came down to the dirt.
full member
Activity: 373
Merit: 100
August 26, 2018, 01:10:05 PM
Many projects die because of the absence of investors. Investors are important in how the project goes smoothly. So if there is no attraction from the project, no investor will come to invest. so the project must develop good innovation to attract the public or investors.
member
Activity: 305
Merit: 10
August 26, 2018, 04:19:23 AM
Yes, I think so. When the bull market last year, there were many coins on the moon. They are not very good. They just caught up with Bitcoin to take off. But this year is different,
member
Activity: 310
Merit: 10
August 25, 2018, 10:38:55 PM
This is because people just think crypto currency is easy to create and that they can just copy an existing project code and recreate rename and rebrand and I think we need more than just that.. this is the reason why project with new innovations and new technologies backing them have been doing very well

This is not the only reason, most of the project with a very unique idea also fails due to lack of experienced team. Mostly people focus on fund generation and not on the actual development of the project. After the crowd sale token are listed on the exchanges and team just disappear after some time and the project become dead.
Yes, this is the most disappointing place of ico. Many investors are always concerned about the price rather than the progress of the project,but the price of token depends on the development of the project behind it.

It must be known that there are currently hundreds of ICOs competing for money, because intense competition certainly makes many ICOs fail to reach the softcap and of course the project fails.
full member
Activity: 434
Merit: 100
August 25, 2018, 10:27:54 PM
Definitely, not all the crypto related projects will stand the test of time. Most of the projects which fail stem from the fact that they were ran by inexperienced team members who could not draw a feasible project plan to attract investors to it.
Many projects do not really develop and run in the later stage of development. They only exist for money. This is why the project failed.
jr. member
Activity: 61
Merit: 1
August 25, 2018, 06:50:44 PM
Yes it is. A cryptocurrency advance are clubs "Mormonism." Which coin has bad technology, outdated, slow, inefficient. Have some coins, all good with technology, but she had not spent a cent. In the coin of bad things. You begin to read documentation and directly there is a wish to tell: why I do it? Moreover, there are already many coins, competition in the crypto-currency market has polished.
full member
Activity: 686
Merit: 104
August 22, 2018, 10:57:16 AM
They have over 1800 cryptocurrencies listed in the coinmarketcap, but only around 500 cryptos have enough trading volume within 24 hours, the project team only want to earn the quick money in their ICO, half of those project have not any update since the ICO finished, I have invested some project in their ICO over year and till have not listing in any exchange, it totally scam project!!
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