Who's responsible for the dead coins? - page 4.

laijsica

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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 involved in the death of the coins are definitely responsible because they may start their crypto journey with weak infrastructure and attract few buyers. Then various errors and deviations in their transactions are detected which are manifestations of their infrastructural weakness. In many cases developers may fail to provide professionalism in their work. But I strongly believe that most of the altcoins in the crypto market only come with the purpose of deceiving investors. Therefore, investment in altcoins recommends different protection requirements.

Sebas.tian

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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.

albon

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There is no specific reason for the death of tokens. If you go back years ago, you will find that Coinmarkcap contained many of the leading tokens at the top, which have completely disappeared now and been replaced by other tokens.

Perhaps the reasons for the death of a token, in my opinion, could be due to wrong decisions made by its team or developers that led to its collapse and death, as happened with Luna. It is also possible that the token team, which owns a large percentage of its supply, might dump it if the primary motive is fraud in the first place. Also, the incompatibility of the coin concept does not align well with blockchain in terms of use cases, which led to its downfall. The lack of attraction and interest of Investors or the shortage of liquidity for the coin's team to continue developing their project and paying employees’ wages and marketing campaigns to promote it or pay its listing fees could also contribute. Also, the coin may be exposed to massive protocol exploits or smart contract vulnerabilities. There are countless other reasons, but what I see is that most meme coins are susceptible to this inevitable death and transition to zero because their projects are fragile and lack strong foundations.

AVE5

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Quote from: crwth on May 08, 2024, 04:28:57 AM

It's both. Imagine someone having the power to have the number of tokens that they have, increase, and maybe get it in an early stage and they can move it around. Once they are able to see the coin listed in a big exchange or it's in DEX, they wait for volume and then they just dump everything. This is with the price going down but not dying.

The main responsible for the coin dying is going to be the developers. It's up to them to continue improving the project.

With my little knowledge of understanding, I believe you because the investors are like stake shareholders while the developers are the co-owners. So considering this fact, it's the responsibilities of the developers to enhance the coins services with every required technical and maintenance factors that has to bring values to the coins.
I think the investors were basically attracted to invest in the project based of potential speculations about the project and failure to attain those values would cause investors to disembark from the coins and therein the project could slump
So in all ramifications, the developers are responsible.

GreatArkansas

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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?

Think also some dead altcoins that are still pumping even they are very long time dead, this means some are just manipulating it and we are not sure who are they , could be whales or developers or founders just to make some money off it or some could fully exit.

johnsaributua

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In my opinion, the essence of responsibility is the coin owner (developer) because the creator can only be told (team), when he gets a reward then leaves. As long as the developer does his job well for the community, and is not concerned with enriching himself, it will survive more especially if the funding rise can be managed by continuing to be added, I see that from time to time there are dead coins that fall and are not injected with liquidity so that they are drained and the marketcap of a coin is getting worse. I agree that it is not entirely the developer's fault, they sell their coins and there is no coercion, as for the fomo that eats away at investors, it is entirely the logic and decision of the buyer's speculation.

However, I think there are still many who buy from the beginning, it is a risk when you get a profit that is beyond analysis, as well as the opposite when a dump occurs on a coin. For me, it is suitable for hit and run even if it only saves a few minutes, because for stable coins it is better to choose coins that are old and have good daily marketcap volume.

oktana

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Both can be said to be responsible but I’ll rather pawn it off at the developers than the investors because if you develop something that is outstanding and you are constantly maintaining it, you will definitely have investors who believe in what you’re doing. Isn’t it how Bitcoin grew? If the investors leave, it’s very likely that they are losing faith.

Belarge

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Quote from: andyou1234 on May 08, 2024, 10:59:12 AM

I think the person responsible for the failure of a project and the death of a token is the project developer, but what happens now is that if the project stops and fails, the project developer disappears and is not responsible for what he has done, maybe just that they deliberately created this project just to take the participants' money.

We have our targets and I'm never going in for these fast rising projects, instead I'm focusing on important races. Projects failed when the team didn't put in enough work and most of these projects that failed are mainly cause by the incompetent tasks carried out by the developers. We know how porous it is nowadays to bring in top coin, which is mainly a memecoin. Pumping and dumping are two different thing, one brings a faces of joy while the other does brings sad faces.

yazher

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The scammers, just create lots of shitcoins to confuse and steal the money of investors by making counterfeit every trending coin such as Memecoins and NFT as well, they are the main reasons why altcoins investments are not recommended for newbie investors because they are putting a lot of hype in their projects and in the middle of nowhere they dumped it and leave their investors waiting for the price to rise again which will never happen and it turns their coins into dead coins with no development, updates or whatsoever.

batang_bitcoin

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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?

Everyone.

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

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.

Both are involved on it but you know what's impactful? the move of the developers and that's because the investors are only relying to the decision of the developers. And with every first touch, it is the developers.

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

So, who's responsible when the Coins dies?

Devs obviously.

andyou1234

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I think the person responsible for the failure of a project and the death of a token is the project developer, but what happens now is that if the project stops and fails, the project developer disappears and is not responsible for what he has done, maybe just that they deliberately created this project just to take the participants' money.

bluebit25

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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 related people

It includes holders, creators, MM,...

But in this space there are so many cases that there would be no serious concern about that subject if they were not the top altcoins (FTX, LUNA,...)

But anyway, maybe from the beginning you should be realistic about the risks, don't expect the benefits to always be on your side. So as always, let's encourage everyone to learn about Bitcoin so that they don't lose money the issue of responsibility behind the failure.

Kelward

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I think that developers and investors can be responsible for the death of a coin or token, it just depends on the angle from where the coins meets it's dead end. Most times it's from the developers end, some will have the intention of exit scam before the project is launched in an exchange, the first set of investors, including them will make profit, then when more investors starts to buy, the project will then die. Other times if a project doesn't live up to it's hype, investors will see it as a shitcoin, and that might be the beginning of the end for it.

electronicash

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marketing staff? if not for the developers and investors then marketing staff after all they are responsible for making the project well known to the crypto community. but most of all, they are not supposed to create a coin that isn't well planned and has no study.

if they know there isn't going to be a big community that will support a project only meant for a store of value purpose, then there is already one that exists. they have to come up with something new.

lovesmayfamilis

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Why do we often see projects that have not achieved their goals, which we later call scams? That's because new ideas aren't new. The developers, having started their project, are simply lost in time, not knowing how to introduce new interesting, and useful innovations for a long time. What remains for investors? Just get rid of the coin so as not to be left a fool. I believe that developers need to think through their ideas not only at the initial stage but also consider all the bad cases that may happen in the future and ways to work around these cases so as not to end up with another dead project.

God bless u

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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 we the investors are responsible for the dumb coins. We are investing in these type of coins because of our greedy nature and limited knowledge we are not being able the recognise that which project is a spam and which is a genuine project.

These type of people will never stop and they can only be catered by not investing in their projects so that their confidence level may drop.

Saisher

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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 main responsibility is on the developers; they failed to upgrade or develop the platforms, and they failed to properly promote their platform to the community, the developers if they did an ICO, should have funds to keep the platform moving, and investors would dump the token if there is no development or the roadmap failed to complete in time.
The developers should keep the investors and the community properly informed on the development and it should be in time because investors are quick to dump and trade it to other new tokens.

MAAManda

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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?

Both developers and investors have their own responsibilities in token price movements, but when a project becomes a dead project, then it's entirely the developer's responsibility. Because the rise & fall of the price or MC of a project is normal, what makes the token price rise is the development that occurs and the trust of investors.

Ben Barubal

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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?

That's just a simple explanation; the question is: how do coins exist in crypto trading? Not through investors or buyers who will buy the coin. And when the buyers of coins disappear, for sure it will gradually lose buyers or traders who will conduct trading activity.

The buyers or investors are the oxygen of the coin so that it can exist for a long time or just for a while. Even if we say that the developer is doing good development, if there are no investors who are attracted to the coin, that coin will also die for sure.

Text

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I think the developer is mainly responsible for dead coins because if developers fail to maintain the coin, abandon the project, or the project was a scam from the beginning, the coin could end up becoming a dead coin. Investors only have a minor impact or contribution; if they lose interest, sell off their holdings, or move to other more promising coins, the coin could lose value and eventually become inactive. Perhaps investors wouldn't do that if developers responsibly did what they should do for creating the coin, maintaining its code, implementing updates, and often promoting it to potential users and investors.

Topic: Who's responsible for the dead coins? - page 4. (Read 705 times)