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Author Topic: The reason behind the death of most crypto projects  (Read 37435 times)

Offline densuj

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Re: The reason behind the death of most crypto projects
« Reply #60 on: July 23, 2019, 04:52:08 AM »
the team itself destroys its tokens
they do not put tokens on good exchanges try to save
but on exchanges with a small number of users, the price of the token falls dramatically
I agree with your opinions although it is not main reason behind the death of most cryptocurrencies projects, in my own personal experience there are many death projects because the developer of team don't know anything about how to build the businesses related with cryptocurrencies.

The developer of team don't have mindset of enterpreneur they just have good ideas combine with cryptocurrencies but they don't know how to make it be successfull, the the final result of the projects is death.

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Re: The reason behind the death of most crypto projects
« Reply #60 on: July 23, 2019, 04:52:08 AM »

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Re: The reason behind the death of most crypto projects
« Reply #61 on: July 23, 2019, 07:03:24 AM »
There cam be many factors that can lead to the death of a project and you have listed few of this reasons. There is a point where a project dies off when there is problem with the team, lack of poor management or death of the ceo
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Re: The reason behind the death of most crypto projects
« Reply #62 on: July 23, 2019, 06:01:35 PM »
there is no development from the developer, coins or tokens that are sold cheaply, the team that just keeps quiet does not provide updates about the project in the future. it is a feature of the dead crypto project. and also the absence of solid community members.
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Re: The reason behind the death of most crypto projects
« Reply #63 on: July 23, 2019, 11:09:08 PM »
the team itself destroys its tokens
they do not put tokens on good exchanges try to save
but on exchanges with a small number of users, the price of the token falls dramatically

It is the fact and happened to most new coins.
I think the team thinks to spend low funds for listing their coins. They may think it will be no problems, but it surely gives big impacts.
Small numbers of traders on an exchange means the transactions for buy-sell the coins possibly to be small or very small. This makes a less volume and finally the coins to have very low prices because less of interest from people.
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Re: The reason behind the death of most crypto projects
« Reply #64 on: July 24, 2019, 05:57:16 AM »
One of the main reasons for the failure of the project -
This is an unsupervised access to the stock exchange. Usually, bounty hunters immediately drop the price of any coin at the earliest opportunity, and then naturally the coin cannot recover before the ICO price. Investors are disappointed, and with them all the rest.
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Re: The reason behind the death of most crypto projects
« Reply #65 on: August 06, 2019, 03:33:22 PM »
The most obvious reason was the platform token or coin has no demand, and utilization these is an important matter so it should be address with thoroughly if there was no demand definitely the price of token or coin will dump and I dont think bounty hunter is the main reason why the project's token price was dump its just a shallow observation.

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Re: The reason behind the death of most crypto projects
« Reply #66 on: August 06, 2019, 04:48:04 PM »
i agree on the community side! the heart of the project are the people behind and.loyal to the project. these people will bring success to the project without them it could really be dead. the community is playing vital role for the sustainable of the project in the crypto world. i've seen a lot of project collapsing because of the lack of community.
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Re: The reason behind the death of most crypto projects
« Reply #66 on: August 06, 2019, 04:48:04 PM »


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Re: The reason behind the death of most crypto projects
« Reply #67 on: August 06, 2019, 10:16:15 PM »
if in my opinion the reason why a project becomes dead and abandoned by investors and fans is due to the lack of publication and promotion or advertising and programs that are not clear. so the value of the coins produced is too low and not well known and therefore gradually abandoned by investors and other fans.

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Re: The reason behind the death of most crypto projects
« Reply #68 on: August 07, 2019, 01:21:41 PM »
There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.

This may also interest you on the reasons behind the death of most crypto projects.
1. Cyber attacks: Regardless of market sentiment, if a cryptocurrency is to survive and thrive, a trust in the security of the coin is an absolute must.
If your coin’s network has fallen victim to a 51% attack, that may be a sign that you need to read it the last rites.

In recent times big name cryptocurrencies such as Verge, Bitcoin Gold and even Ethereum Classic have fallen victim to such attacks and are still around to tell the tale.
However, the loss of trust brought about by the attacks could be a hammer blow to their chances of recovery during the next market upturn.
Bitcoin Gold was delisted by a number of exchanges after a series of attacks, whilst the price of Verge has yet to recover from its recent spate of network breaches. It remains to be seen how Ethereum Classic fares after January’s attack.

2.#DevelopmentTeam : If a coin has experienced a huge price drawdown, and development has ceased ,or even worse, there are no developers working on the project, it’s most likely dead.
However, as a good crypto enthusiasts, If you suspect your coin may be ‘dead’, take a look at the project GitHub and check for recent commitments. Snoop around the project Discord or Telegram groups, or even contact one of the project developers and ask for their take on how things are progressing, there may be enough going on behind the scenes to warrant a stay of execution.

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INVESTING, TRADING,
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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
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FOREXTRADING FROM $1
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Offline Whate

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Re: The reason behind the death of most crypto projects
« Reply #69 on: August 08, 2019, 05:16:00 PM »
due to the large number of illegal projects as well as the lack of ability of project managers so that the project cannot develop. worse, their orientation is only to pursue profits for a moment without thinking about the next continuation.
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Offline Marby

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Re: The reason behind the death of most crypto projects
« Reply #70 on: August 10, 2019, 08:32:07 PM »
one of the causes of the failure of the crypto project is because developers who are trusted to master the project do not understand the terrain they carry.
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Offline Prime

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Re: The reason behind the death of most crypto projects
« Reply #71 on: August 10, 2019, 10:43:12 PM »
the lack of publication and promotion or advertising and programs that are not clear. so the value of the coins produced is too low and not well known

For me, it is not about the lack of promotion but what the project offers to the public is not interested and has a bad concept for the future of its MVP. There are many projects created with very risky plans that may lead to the hesitation of investors.
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Offline Payme21

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Re: The reason behind the death of most crypto projects
« Reply #72 on: August 10, 2019, 10:48:57 PM »
The fact here is that most crypto projects these days are set up for greedy and selfish purposes which prevents them from implementing their projects to the later

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Re: The reason behind the death of most crypto projects
« Reply #73 on: August 11, 2019, 06:19:00 AM »
I think the major reason why some crypto project fail is because they lack the ability to fund the project and also fail in the area of community bounty campaign.
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Offline tonymillions84

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Re: The reason behind the death of most crypto projects
« Reply #74 on: August 11, 2019, 11:04:52 PM »
Most projects are after the market. 80% of the New altcoins have no vision and focus. it was obvious that many are after the market movement. they tends to hit market when there is a bull. some has no solid roadmap while many are copy cat with nothing tangible to offer. that is why many don't last in the market creating shit tokens everywhere.
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