Topic: Many projects are dead? - page 90. (Read 11984 times)
Some projects are actually dead because, they came with the mind of scamming people. Any project that has no product to offer, not just product but a solid product to deliver, that project will certainly die. So, it is no longer a news that some are dead, they actually had nothing significant to offer in the first place.
In 2018, a lot of talk about the death of many altcoin projects. Indeed, the number of projects that have turned into deceptions is high. For this reason, we should try to choose projects that are actively working and future when investing.
The failed project usually cannot reach the sales target so the project can not proceed. I think this has something to do with the stagnant market situation. In addition, the product of the project also greatly affects investor confidence, a realistic project supported by an experienced team of developers will surely succeed.
Many investors now do not believe in projects, because the course is not stable, and many projects just collect money purely for themselves, collected the amount and just hammer, the truth.
Many of these projects lacks real use case and hence cannot exist for long. Some others cannot fit into the competition and therefore fades away. Personally, I have invested in some few but I do trust these projects and hope they succeed
Well most of this projects are just money grabs. Once ico is finished successfully, they basically stop development.
Most, but not all. Therefore, this market requires a deep analysis of projects. When developers fulfill their stated goals, then there is nothing to worry about.
Well most of this projects are just money grabs. Once ico is finished successfully, they basically stop development.
New scheme are approaching in routine in the crypto up-to-dateness activity. thither are scheme with ample future which dies to endure in the market
The majority of coins from the results of projects that I have been able to, I will usually invest in the long run to increase its value higher. However, some of them, I will only invest in the short term. It usually comes from projects whose prospects are not good. Projects whose prospects are not good usually are not able to survive in the market, because the industry is not able to face the tight competition in the crypto.
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?
Market condition is not good and perhaps they don't have enough preparation to launch ICO project. I still trust the project but I have rules and limit to keep my asset safe and get minimal risk when enter the market. This time join project is not good, leave it and replace your money into currency. Wait and see but never lost faith with crypto.
This is very good advice, and to keep sanity and sanctity of market alive we all need to believe and retain our faith.
In 2018, a lot of talk about the death of many altcoin projects. Indeed, the number of projects that have turned into deceptions is high. For this reason, we should try to choose projects that are actively working and future when investing.
Of course many projects are now dead due to several reasons that might have led to that. Most of the reasons stem from the fact that the project was ran by inexperienced team members who could not carry the project to its full realization. Others are also dead because they could not reach the soft cap or hard cap which was meant to take the project to its goal.
Why such is predominant now, is the fact that many people has come for quick money grab and as such infiltrated the space with many scam projects that have no use case. While investing, It is always advisable to check if the project has at least an MVP or an office location for easy reference and access. At least a project that has a product can not be abandoned easily.
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?
We cannot differentiate the scam project from real one since there are many projects that are more potential but the truth is they are scamming the people only.
Don't think they all are dead. Some of them just have less atcivity in socials networks. Some of them don't make good marketing. For example NEM. It's good project fundamentally but their marketing is questionable... And while it has a lot of potential in the future, there is no hype about it. But I think NEM would outperform many new blockchains because they make good product overall, stable and for the long.
yes, it is. Many projects are dead or and many projects almost dying. It is happening for various reasons and the main reason is bitcoin price down several times. Most of the investors stopped investing in low-value coins. They shifted to the stable and high value coin. Once upon a time when investors were investing in Low value, new coins to make more profits. But at this present situation, most of the new coin dead within a few months, Dead or stopped. They steal people's money, scam people, Bitcoin price is too down. For this reasons, many projects can't stand anymore.
That is true. Criptocurrency market has rather big part of scammed ICO. At the same time, people need to know basic tools to determine good ICO project to avoid failure
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 - a ponzi scheme with crypto as their product, right?
i think because of this thing, few people who didn't know about crypto will said if crypto is a ponzi scheme
this is why you lost your money, and centra a scammy project in crypto,, if i'm not wrong the founders of the Centra have been arrested right
i think you should learn more about cryptocurrencies to know, how to find a good cryptocurrencies
well,, a lot of project dead, because the dev team doesn't ready in development, a good dev team will stay active to develop the project
We have so many warnings about Bitconnect and I have no sympathy for the investors that lost there, because they should know the risk when buying product like that.
The problem that Bitconnect has created is that create negative image of the whole crypto and is pushing people back of it. People that know nothing about crypto, but know that a lot of investors lost their money in a Ponzy scheme.
Many projects are dying at this time due to the rapidly declining market rates. If the exchange rate of the market continues to decrease in the next time, the MLM and Ponzi model projects will collapse like Bitconnect because there is no profit to pay to investors. And then there will be only potential ICO campaigns remaining.
Many projects are dead because sales targets are not achieved. Or the price movement after launching in the market is not experiencing developments and developers are not able to control the situation.
It is very sad to know about this. I also see some reviews on the coinmarketcap. However, exactly I am sure that the dead projects mean that the team don't develop or maintain their tokens. It looks so pity. But, for the great team, they always try to make their tokens after ICO better and better.
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