Who's responsible for the dead coins? - page 2.

AVE5

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Quote from: redsun114 on May 13, 2024, 08:35:58 AM

How can investors be responsible if a coin or token dies? Investors wouldn't keep investing or holding a coin or a token that doesn't carry any weight because the project is dying, they know it would keep losing value over time and it is much better if they dump their share and exit. No investor in the market would invest in a project that doesn't have a future, and that future can only be seen if the developers stay active and keep investors updated with their developments.

I have been a part of projects that died, and I know how investors react when they see no interest from developers and the team and receive no updates and other information about the roadmap and future developments of the project because they know they are going to lose money if the project dies.

I feel you. Investors aim in investing in a project is to make profit and when the coin isn't going hopeful and promising to offer those profits in the future investors would begin think otherwise by withdrawing from the project.
So it'd be the developers fault to had left the system unserviced with the mechanical improvement cordially to respond to investors expectations and failure for developers taking that responsibility becomes an awareness that the coin is going dead.

justdimin

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Quote from: Mate2237 on May 13, 2024, 08:40:04 AM

The developers are the ones will make the project more transparent and not in a cumbersome way that will make people to stay away from it. They have to make it in the way that the transaction fee will not high and always low. And they fall to maintain their coins or token then they have to bear the consequences of the dead of their tokens or projects. And whenever there is problem facing the project developers have to look for solution and solve it without delay because right now the cryptocurrency space is on competition so if any project misbehaviour people would just leave it and go to another one.

The genuine developers always look for a way to solve their problem but the fraudulent developers have no clue of their tokens so they let it die. So don't blame investors in any token failure but the developers.

Dev teams should take 100% of the blame, they just do not realize how much work it is to make a project, and they just think that if they create some random token, and do airdrop, they could get away with a lot of money and then when they get funded they could get better coders and marketing. That's not how it works, not at all, you need to do all the marketing and coding beforehand, so that people would fund you, if you take the funds then it is likely that you are going to pay yourself before you pay anyone else.

This isn't some charity, we are not here as investors to pay you for your work, we are here to invest, and make money and this means that we will see a lot of people that will end up with a lot of trouble on the long run.

AnonBitCoiner

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I think Both are responsible for the declining of the coin's value due to which the coin becomes dead. First of all creators create the coins but don't focus on further development of that coin due to which that coin does not work well and is not utilized for better purposes.

Another thing is that Investors do not show any interest towards the investment of such coins so when there is no demand then the coin reduces more and more in worth and eventually it becomes worthless. Improvement of a project is very necessary so if creators do not work for the improvement of their created coin then its future will be worse.

Velemir Sava

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Quote from: gunungkembar on May 14, 2024, 02:48:06 AM

That's right, the main key to the success of a digital currency project is of course in the developers. As long as they have good teamwork and have high loyalty, this will provide success for the project they develop. Investors basically look at the projects they are developing, not at the people who promote these projects.

There will be a lot of garbage in our account later if you choose the wrong coin when you buy it wrong and ivest and what you said is also certainly true, but if financial support to the team is lacking by the main owner, I am sure they will also be lazy to innovate to make increased activities through various advanced programs that essentially make the coin more functional and known.

gunungkembar

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Quote from: wxa7115 on May 14, 2024, 12:24:03 AM

Quote from: GideonGono on May 13, 2024, 06:18:22 PM

For me it is the developers fault or the teams fault, they are the ones who are responsible for the projects movement, promotion, publicity and even fund management.
The investor could sell their shares, but the team should also have some plans on how they would handle such thing, they entered this market knowing that those kind of incident isn't new, so they should've plan it all.

There is not really any other valid the answer, the developers have complete control over their project and they can do whatever they want with it, if even under those circumstances the project they created dies then that is on them.

However, very often I see the developers trying to blame anyone but themselves about the collapse of their coin, and it is obvious why this is the case, as if they are the ones at fault, then how they can promote other projects on the future and gain the trust of new investors with such a stain on their curriculum?

That's right, the main key to the success of a digital currency project is of course in the developers. As long as they have good teamwork and have high loyalty, this will provide success for the project they develop. Investors basically look at the projects they are developing, not at the people who promote these projects.

Strongkored

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Quote from: AVE5 on May 08, 2024, 01:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while some says it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

Investors who are disappointed with the development of the altcoin they are holding can express their disappointment by dumping away the coins, especially if they are a big holder so that the investor will get profits from other projects, and developer can also be the cause of the coins being dumped because the initial aim of this project was to cheat, so developers will dumping their coins for their own benefit, that's why we have to be careful with new and old altcoins, because as investors we don't know for sure the developer's true intentions for this project, but often altcoins do provide bigger profits and quickly and the risks are also bigger.

wxa7115

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Quote from: GideonGono on May 13, 2024, 06:18:22 PM

For me it is the developers fault or the teams fault, they are the ones who are responsible for the projects movement, promotion, publicity and even fund management.
The investor could sell their shares, but the team should also have some plans on how they would handle such thing, they entered this market knowing that those kind of incident isn't new, so they should've plan it all.

There is not really any other valid the answer, the developers have complete control over their project and they can do whatever they want with it, if even under those circumstances the project they created dies then that is on them.

However, very often I see the developers trying to blame anyone but themselves about the collapse of their coin, and it is obvious why this is the case, as if they are the ones at fault, then how they can promote other projects on the future and gain the trust of new investors with such a stain on their curriculum?

laijsica

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Quote from: GideonGono on May 13, 2024, 06:18:22 PM

For me it is the developers fault or the teams fault, they are the ones who are responsible for the projects movement, promotion, publicity and even fund management.
The investor could sell their shares, but the team should also have some plans on how they would handle such thing, they entered this market knowing that those kind of incident isn't new, so they should've plan it all.

Developers can be held liable in most cases because they play a major role in marketing and promoting low-quality coins. Even promotions and campaigns are done according to their policy. Skilled marketing team in their strategies and all activities of the investment platform to attract investors. The marketing team must pin their responsibility on market management and pricing. Investors tend to focus only on analyzing the value and future of the currency.

GideonGono

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For me it is the developers fault or the teams fault, they are the ones who are responsible for the projects movement, promotion, publicity and even fund management.
The investor could sell their shares, but the team should also have some plans on how they would handle such thing, they entered this market knowing that those kind of incident isn't new, so they should've plan it all.

Adbitco

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Project owners decides how their coin/token could be and if they really want the project to survive they would try their best to make sure the project remain on the surface, where developer comes in is trying to increase the total supply maybe, they would want to rebrand their project and mint more token in circulation. Most times price is being manipulated by whales who are holding major shares of the token/coin at this point there would be some percentage they will dump it will affect the market but if is a project that has stabilized or have a higher market cap then there wouldn't be any serious dump except for the general market forces like news or upcoming events such as having, bull run, and bear season these three things mostly influences the market.

CoinMin3r

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Quote from: redsun114 on May 13, 2024, 08:35:58 AM

How can investors be responsible if a coin or token dies? Investors wouldn't keep investing or holding a coin or a token that doesn't carry any weight because the project is dying, they know it would keep losing value over time and it is much better if they dump their share and exit. No investor in the market would invest in a project that doesn't have a future, and that future can only be seen if the developers stay active and keep investors updated with their developments.

I have been a part of projects that died, and I know how investors react when they see no interest from developers and the team and receive no updates and other information about the roadmap and future developments of the project because they know they are going to lose money if the project dies.

Definitely dev team is responsible for the dead coins not the investors. Dev team must keep engaging with community and make their project interesting enough for investors to invest/hold. If one doesn't feel confidence about their investment, why would he keep holding. So as soon as he looses confidence, he just exits.

Mate2237

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Quote from: Mpamaegbu on May 11, 2024, 02:53:42 AM

Quote from: AVE5 on May 08, 2024, 01:18:28 AM

So, who's responsible when the Coins dies?

Of course, it's the developer that should be held responsible for the death of their token/coin. Yes, I know there's that negative effect from the activities of dumpers; especially those who get the tokens from airdrops or bounties. It's the duty of devs to know how to cushion that effect and find a way to discourage heavy dumping. It should be done in a way that buyers can also show their strength while paper hands are selling off. Devs should encourage investors to hodl by putting up incentives like staking to earn and other activities. Again, there should be a good token unlock mechanism in percentage that won't be much as to have a lot of tokens released to airdroppers or investors. More importantly, most of the devs are criminals who intentionally would create scam and worthless tokens just to get money from unsuspecting investors. From start, they already know they're not going to develop that project further. It's just a cash out for them, easy money.

Exactly you have said it all. The developers are the ones will make the project more transparent and not in a cumbersome way that will make people to stay away from it. They have to make it in the way that the transaction fee will not high and always low. And they fall to maintain their coins or token then they have to bear the consequences of the dead of their tokens or projects. And whenever there is problem facing the project developers have to look for solution and solve it without delay because right now the cryptocurrency space is on competition so if any project misbehaviour people would just leave it and go to another one.

The genuine developers always look for a way to solve their problem but the fraudulent developers have no clue of their tokens so they let it die. So don't blame investors in any token failure but the developers.

redsun114

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How can investors be responsible if a coin or token dies? Investors wouldn't keep investing or holding a coin or a token that doesn't carry any weight because the project is dying, they know it would keep losing value over time and it is much better if they dump their share and exit. No investor in the market would invest in a project that doesn't have a future, and that future can only be seen if the developers stay active and keep investors updated with their developments.

I have been a part of projects that died, and I know how investors react when they see no interest from developers and the team and receive no updates and other information about the roadmap and future developments of the project because they know they are going to lose money if the project dies.

rhodelmabanal

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Quote from: AVE5 on May 08, 2024, 01:18:28 AM

Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while some says it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?

I think both developers and investors are responsible for the dead coin, it is because if there is no investors the project will not earn funds to make a good development in the future, and if the developer make a project that is no good use case the investors will not become interested on it and it will make a coin or projects dead because no one will show interest to invest.

laijsica

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Quote from: kotajikikox on May 12, 2024, 01:26:50 AM

Quote from: electronicash on May 08, 2024, 09:47:25 AM

marketing staff?

I don’t think the blame should be placed completely on them. Yes marketing does help and if the marketing team managed to do all kinds of promotion out there surely they will be able to garner lots of interested people.

But a marketing team could only do so much with a coin. If the developers really developed the most useless coin ever in the world. What else can a marketing team do? They will just be called scammers and other names.

The development team of the currency should take responsibility for the failure of the marketing system through the necessary campaigns because of the poor quality of tools and developers among them. The marketing and pricing of the useless coin is largely up to the developer team. Investors keep an eye on the currencys future performance and price movements which attract them to invest.Investors make their investment decisions by only evaluating the positive aspects of the currency and helping it move towards higher values.

AVE5

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Quote from: kotajikikox on May 12, 2024, 01:26:50 AM

Quote from: electronicash on May 08, 2024, 09:47:25 AM

marketing staff?

I don’t think the blame should be placed completely on them. Yes marketing does help and if the marketing team managed to do all kinds of promotion out there surely they will be able to garner lots of interested people.

But a marketing team could only do so much with a coin. If the developers really developed the most useless coin ever in the world. What else can a marketing team do? They will just be called scammers and other names.

Otherwise you're right because marketing team duties are based on speculations for promotions in specific attract Investors.
So if investors comes in to invest in the project and it happens that the coin doesn't have the potentials that attracted the Investors of course the very investors would dump the project.
At most considerate, some project developers has fails to maximize their project potentials in strategies to pin down investors, these developers are most time being too greedy to release funds for project services and once they've spent more than they budgeted, they began to think otherwise on how they can manipulate and recover their expenses through which the system would be crashed.

republicrypto

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Keep it Simple guys :)

Quote from: AVE5 on May 08, 2024, 01:18:28 AM

So, who's responsible when the Coins dies?

for me, the team behind the project
but investors must know the risk of any investments opportunity
anytime we can lose our money
always remember "don't invest what you can't afford to lose"
regards

Hispo

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It can be both, depending of the circumstances behind the launching of the coin and the context which could have led to its demise as a project.
For example, if the coin/project was supposed to be a scam from the beginning and developers just wanted to pocket some money from the wallets of gullible investors, then there is no doubt those developers are to be blamed.
Though, one could also find cases in which the project is actually a very good one, with some case and honest and working developers, but just because of bad luck at the beginning of the project a single entity bought a very important percentage of the total supply, if that entity decides to sell all of it in a single order, then the price will flatline and the investors will lose all trust, some will even assume that whale was one of the developers exit scamming.
As the interest for the project fades away, those developers stop giving support and the coin is officially dead.

As you can see, it is pretty much about how the situation devolves and how quickly it does.

kotajikikox

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Quote from: electronicash on May 08, 2024, 09:47:25 AM

marketing staff?

I don’t think the blame should be placed completely on them. Yes marketing does help and if the marketing team managed to do all kinds of promotion out there surely they will be able to garner lots of interested people.

But a marketing team could only do so much with a coin. If the developers really developed the most useless coin ever in the world. What else can a marketing team do? They will just be called scammers and other names.

el kaka22

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Basically "ALL" coins and tokens would have been high if the market responded well to it, so it is definitely not investors because you can't expect the investors to invest into everything. I have seen some devs who blame the market for "not understanding what they built" because they believe that if the market understood their aim then they would all be investing, but the problem is not the market not understanding it, it is the fact that dev team failed to do proper marketing and explain what they were trying to do.

This is why I believe that we should not be considering this as something big, we should probably consider that as a normal thing. I believe that we are going to get the better out of it, if we are given enough time on it as well.

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