Who's responsible for the dead coins? - page 3.

Bushdark

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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 done days 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?

The developers, team are responsible for the dead of a coin. The investors has nothing to do with the death of a coin.
If the team are able to . market a coin very well, they would make money but whwn the market is wrong or is not adequate, investors woukd starr selling theirnm holding to invest in other good projects thahmt could bring profits.
People would not put their money on coins that do not have good team or movement to double in price with time.

Huppercase

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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 done days 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?

My answer is both.

When a team build a solid project, it will attract investors and not just ordinary investors but investors with long term vision and not the ones that will buy and dump everything in the market. When the team is able to raise good amount of money, it will also attract buyers that missout on the project but then even with huge amount of money, the team must have good product to impress and motivated people not to sell even though something bad later happened to the project, it could be bear market or anything negative.

Furthermore, if the team is not transparent, investors will sell. We have seen cases of teams selling coins behind investors back when it was meant to be locked in the first place, some even hide and sell foundation allocation just to lie that they need money for things they will never discuss with the public. When investors and teams relationship is not mutual, there will always be a benefit of doubt.

Fiasem20

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If a coin dumps in the market cap,the developer is to be blamed because the project was solid to stand out.You can't blame the investors,the investors are you there to make profit and nothing much.But the principle of supply and demand also keeps the continuation of every project in the market cap.And when the liquidity is low the coin also crash.

Wexnident

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

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Wouldn't it be the team? I mean they're the ones responsible to the development to the marketing the release after all. Investors are just there to slap the money to the teams hands so that they can use it to either improve/reduce the time it takes for the project to develop or to market the coin itself. Investors rarely have a say, or at least full control of what the coin would actually do moving forward. They have some sway in it, but that's about it. In the end responsibility would 100% lie on the team that handles the coin 24/7.

In a sense you can say that investors are simply the money involved, the brain is the team behind it itself, and the brain is the one that makes decisions on how to spend the money, not the money itself.

Mate2237

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This should be a very simple knowledge to acquire because there no need to even also someone but naturally you will understand it. Ithe general blame must to the go to the developers because they control everything and not the investors. The investors are only following the way the developers program and doing with the project and they have nothing to do with the project so if the project fails it is the developers and not the investors.

Probably they lack of trust the project they have created base what they have done. Though the investors will make the project more important and popular but the developers controls the server and if the project is launched on decentralized system then the investors control the price in the market base on supply and demand. But the failure of any project is from the developers end.

Bitco55

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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 done days 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 feel you may have asked and answered this question, but then...

When a coin comes into the market, what determines its price and how good it is, is it's popularity, and how many people are willing to invest in it? This makes the coin more trusted, more popular, and more valued.

If a coin comes into the market and due to some reasons, people are unwilling to invest in it, it'll lead to it's death and it's dis-listing. But what causes people to not invest in it is definitely a fault in it's programming, which is its developers or its marketing team's fault for not promoting it properly. People won't want to buy it cause no one would want to buy it from them. Although, most of these coins experience a short-term pump and leave, people's little trust in it makes the pump and death easier.

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Quote from: OrangeII on May 11, 2024, 01:27:54 AM

I think if anyone can be blamed for why a coin dies, then it is the fault of Dev and his team. However, they could not convince investors to continue investing in the coins they created. In addition, they may not innovate, develop or adapt, thereby placing competing projects above them. However, there must be information or something else that makes investors sell their assets and makes the coin worthless. If Dev and the team have innovation and can adapt to circumstances and make better developments, I think a project or coin will not go bankrupt.

Every project have the tendency of pumping and also dumping, it all depends on the tasks and market caps of the projects. The ability for the project to become attain to the public and basically to the top whales that knows how to place huge investment on such projects. Failed projects are as a results of relenting efforts from the team behind the project and the volatility of the market. Before executing a project, it's always advisable to scope the entire process and thoroughly doing the backup plan.

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Quote from: OrangeII on May 11, 2024, 01:27:54 AM

I think if anyone can be blamed for why a coin dies, then it is the fault of Dev and his team. However, they could not convince investors to continue investing in the coins they created. In addition, they may not innovate, develop or adapt, thereby placing competing projects above them. However, there must be information or something else that makes investors sell their assets and makes the coin worthless. If Dev and the team have innovation and can adapt to circumstances and make better developments, I think a project or coin will not go bankrupt.

All of the steps are being done by the developers and the teams that are involved with them. The investors are there only to fund and follow the movement of these devs.
If they've done something crazy and the investors didn't like it and found a red flag to their actions and they've been caught, that's the start of the misery of their projects that they'll never like.

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Quote from: o48o on May 11, 2024, 04:00:50 AM

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 done days 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?

Wouldn't this depend on the coin? You might as well be asking who is responsible of dead products in real life. There can be as many reasons as there are companies.
1: Team don't have enough time or funds to keep on going.
2: Team lacked skills with coding, leadership, marketing or business in general to adapt to ever changing crypto scene and growing with the needs of it.
3: Team ignores the community and don't have enough transparency.
4: Competition did it better
5: No real use case for smart contract or blockchain, no real strategy,
6: Bad tokenomics

Only difference being a crypto or real life product is that pump & dump groups can't use anything but crypto tokens as "speculative" asset while doing their pump and dump scheme.

in crypto market unfortunately even more specific is the shit coin market there's this thing called rug, this one rooted from the bad intention of the dev or team themselves in trying to steal money off liquidity pool provided by people.
this is where the mistake and blame should be put on the team instead.

i guess if the coins become dead coins due to team have been developing for many years that they are finally running out of money to sustain the development and even after all that effort the coin didn't even make it to meaningful market cap then I guess its due to the project just aren't working out, some project face such problem too, committed and trustworthy team facing the reality that their product just don't have place in the market and as a result bankruptcy and it also spells dead coin. which is quite unfortunate honestly.

but seeing from other perspective it is what it is the crypto market eliminates the coin that doesn't have place in the crypto space.

Bulltard

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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 done days 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?

the team duh. that's called rugging

o48o

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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 done days 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?

Wouldn't this depend on the coin? You might as well be asking who is responsible of dead products in real life. There can be as many reasons as there are companies.
1: Team don't have enough time or funds to keep on going.
2: Team lacked skills with coding, leadership, marketing or business in general to adapt to ever changing crypto scene and growing with the needs of it.
3: Team ignores the community and don't have enough transparency.
4: Competition did it better
5: No real use case for smart contract or blockchain, no real strategy,
6: Bad tokenomics

Only difference being a crypto or real life product is that pump & dump groups can't use anything but crypto tokens as "speculative" asset while doing their pump and dump scheme.

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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.

laijsica

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Quote from: strunberg on May 11, 2024, 12:40:48 AM

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 done days 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 it's the developer. Although some investors can cause a coin to die such as putting in a lot of money to pump up the price and then selling all their assets so the price will fall and the coin will die. That is market risk. But what some developers do is they sell the tokens they own in large quantities when the price has risen thousands of percent. Developers can even sell at any price because they hardly need to spend capital. I have seen people cheated on a coin several times because the developer had sold all the tokens they had and abandoned the project.

Developers are certainly responsible for the coin's demise as well as many investors. Investors can often feel insecure about their investment capital due to the price environment and may decide to sell prematurely to protect their invested capital. Rumors in the market or any legal complications could make the coins death imminent. Every currency in the market has its opponents who can spread rumors and resort to various scams to attract investors of other currencies to attract their investment. But I think developers should work on improving its technical quality along with campaigning extensively to attract investment from their buyers through positive work.

OrangeII

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I think if anyone can be blamed for why a coin dies, then it is the fault of Dev and his team. However, they could not convince investors to continue investing in the coins they created. In addition, they may not innovate, develop or adapt, thereby placing competing projects above them. However, there must be information or something else that makes investors sell their assets and makes the coin worthless. If Dev and the team have innovation and can adapt to circumstances and make better developments, I think a project or coin will not go bankrupt.

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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 done days 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 it's the developer. Although some investors can cause a coin to die such as putting in a lot of money to pump up the price and then selling all their assets so the price will fall and the coin will die. That is market risk. But what some developers do is they sell the tokens they own in large quantities when the price has risen thousands of percent. Developers can even sell at any price because they hardly need to spend capital. I have seen people cheated on a coin several times because the developer had sold all the tokens they had and abandoned the project.

adaseb

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Coins die for many different reasons. Some just lose interest, others the developers give up, other get hacked or exploited in some way.

Then they are some which are neither of those but the coin keeps losing value anyways due to poor marketing. It’s been like this for many cycles and will continue.

Right now every 5 minutes we got some new memecoins which pops up and ends up dying a few hours or days later due to rug pulls.

AVE5

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Quote from: Sebas.tian on May 08, 2024, 11:25:32 PM

I think, developers are the responsible for the failure or dead of the project, because if the developers do everything possible within their ability to improve the project, it will make the project to attract more investors that will continue making the project popular in the market to last long. Investors always look for where they can be favour in a particular projects, and if the project is not functioning well in the eyes of the investors, they have the right to switch to another project that is doing well but if the developers of that project can develop the project for investors to see with their physical eyes, it will be difficult for the project to die quick. That is why many coins are still bringing favour to their investors, because their developers are at work to ensure the coins causes their investors massive income to earn in the future.

So the developers could actually have a plan B budgeted that if the current launched coin fades they would swap to other pending projects to cover their lost or I should say providing another scheme to drain investors funds or what?
Clearly and believably, developers are to be accountable because the coins potentials and technical programs were developed and installed by the developers including the maintenance and improvement factors are disclosed to the developers while investors are only individuals who steps up to invest their funds and just let it generate income for them and if the Coin is doing well they can accumulate on DCA but if it doesn't lucky ones would always cashout before those dramas of system crash as the developers inabilities to build a solid blockchain with potential coins.

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

So, who's responsible when the Coins dies?

Well, definitely those developers and project heads that create them. If a coin is crappy or too gimmicky, or even an outright scam (and yeah, those exist alright) the fault lies squarely on them! I mean they gotta ship something with real merit, right? Sure, hype and excitement can send prices ballooning for a bit, but no smoke and mirrors can prevent a coin from tanking eventually and

now about ghost coins - more often than not shady devs make off with the money pocketed from investors. So really, folks looking to buy cryptos should be darn careful about who they decide to fund.

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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 done days 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?

None.

Why none. Because at the end of the day, a dead coin will remain a dead coin.

Developers? Investors? If a project becomes a dead coin for example, who will be the one that you're finding if investors lost their money? You can't find those developers because at first place, they didn't reveal their identity. I can't remember a project that became an abandoned coin for years, and got resurrected again and there are new developers that continued that supposed dead project. Some might say the developers are the one that's responsible as to why. So what now if they are? You will find them and put them to jail if you lose your money?

If I will choose though, I think it's the developers because they didn't do everything they can for the project to become a successful once, it became a dead coin.

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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 done days 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 the developers is the responsible for the death of the coin, because investors only buy coin that they think has a future, or give them profit and if the developers do nothing with their coin to improve then the investors will not buy and the coin will become shit coin or dead coin at they end, but if the developers make a good use case then it is possible that many investors will come and invest and it can make a high demand of the coin and possible it will rise.

Topic: Who's responsible for the dead coins? - page 3. (Read 705 times)