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Author Topic: Why do some people stop their crypto project?  (Read 22403 times)

Offline therozaq

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Re: Why do some people stop their crypto project?
« Reply #15 on: July 17, 2019, 02:03:22 AM »
In a short while that I have been in cryptocurrency I have seen so many crypto project and fantastic budget and planned you see that some of them still left the project unfinished some even do stop the crypto project without any pre_information about the sudden change of plans concerning the particular project so what do you think about the crypto project that have been suspended half way , what do you think that should be done for this kind of the attitude of crypto developer's concerning crypto project abandoned project.

I think some people stop their crypto  project  because they dont reach softcap or their project is not interesting.  When the market  is going down,  I think investor afraid to invest their money.  It also cause many projects  are fail or suspended.
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Re: Why do some people stop their crypto project?
« Reply #15 on: July 17, 2019, 02:03:22 AM »

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Online MUGNIA

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Re: Why do some people stop their crypto project?
« Reply #16 on: July 17, 2019, 04:51:44 AM »
there are many factors that make the crypto project stop halfway in my opinion,
there were a number of projects that I followed from the incompatibility of the team to the non-transparency of the funds which could make the project stop in the middle of the road

Offline moonuranus

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Re: Why do some people stop their crypto project?
« Reply #17 on: July 17, 2019, 05:41:16 AM »
I guess the reasons are likely to be:
-They are are scammers.
-Unskilled programmers unable to do what the project what them to do.
-They can't cover the cost to keep the project running.
« Last Edit: July 19, 2019, 05:29:43 PM by moonuranus »

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Re: Why do some people stop their crypto project?
« Reply #18 on: July 17, 2019, 07:58:36 AM »
many factors affecting the crypto project were stopped, one of which indicated a scam project. some are not permitted in development in their country. besides the project factor that cannot touch the softcap.
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Offline gotbounty

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Re: Why do some people stop their crypto project?
« Reply #19 on: August 02, 2019, 10:31:47 PM »
It was very clear that people who stopped their crypto projects because of low interest from investors or they just made them for scamming others only. I assume only the two reasons why the people stopped their projects.

Offline Payme21

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Re: Why do some people stop their crypto project?
« Reply #20 on: August 02, 2019, 11:22:07 PM »
Many stop because that was the aim from the onset as it was meant to defraud unsuspecting investors that are taken unaware

Offline Rofiastuti

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Re: Why do some people stop their crypto project?
« Reply #21 on: August 03, 2019, 07:12:51 AM »
I see some reasons related to stopping their crypto projects :
1. They planned scam projects from the beginning so they just delay and delay but finally the team members will disappear.
2. They cannot get sufficient funds from the project fundraising. So, it will be hard to continue the project.
3. They still focus on improving something and delay the project for a moment.
I agree, there are many reason why do some people stop their crypto project as your write  and I will add one reason that is because they can't wait in waiting for the ICO that hasn't yet been disbursed, even though the project has finished, so it is reluctant to work on the project again.

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Re: Why do some people stop their crypto project?
« Reply #21 on: August 03, 2019, 07:12:51 AM »


Offline trauchot

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Re: Why do some people stop their crypto project?
« Reply #22 on: August 03, 2019, 11:08:02 AM »
All the creators of various projects have their own reasons, someone understands that it is impossible to translate ideas into reality, someone just disappears with money, and someone just maybe tired of working hard and decide to leave this area, in general there can be a lot of different reasons.
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Offline sunny1356

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Re: Why do some people stop their crypto project?
« Reply #23 on: August 03, 2019, 12:46:42 PM »
On the contrary, such happens because their projects are not well planned. The sudden closure might be that they want to go back to the drawing board again to amend some things.

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Re: Why do some people stop their crypto project?
« Reply #24 on: August 03, 2019, 11:21:33 PM »
It was very clear that people who stopped their crypto projects because of low interest from investors or they just made them for scamming others only.

Good reasons, mate. It makes sense that people stop their crypto projects because of the two reasons above. Since there are many scams and failed projects, not many people interested in joining crypto projects currently. I think we need to make people trust any more in crypto projects, especially on new crypto coins.
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Offline arnishad

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Re: Why do some people stop their crypto project?
« Reply #25 on: August 05, 2019, 01:46:59 PM »
We cannot stop investors to speculate in any altcoins, even we tend to offer them many times concerning reminders in selecting altcoins to carry in a very lone term.
But honestly, altcoins is that the main reason why I got earned  most of the time here during this field of business. thanks to altcoins I will in a position toe arn bitcoin and put it aside too for the longer term. however perpetually keep in mind that altcoins are all unpredictable within the market as a result of they're all volatile.
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Offline PurpleImp

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Re: Why do some people stop their crypto project?
« Reply #26 on: August 06, 2019, 02:02:36 AM »
I think it is mostly because they are terrible projects run by terrible developers. They just gave on on their project and left. I think giving up is pathetic personally. They waste peoples investment money since there are many projects that are willing to dedicate their lives to their project and those are the projects we should be supporting and putting our money into. These projects will grow and if you get in soon you will make a massive profit. The problems is, these clowns that give up like this murky the waters for the rest.

Offline Stavr1992

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Re: Why do some people stop their crypto project?
« Reply #27 on: August 06, 2019, 05:58:13 AM »
Many projects come to cryptocurrency only for the purpose of quick money. They have no idea how they will continue to work on their roadmap, and basically close in the first month.
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Offline Bobcrypto

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Re: Why do some people stop their crypto project?
« Reply #28 on: August 08, 2019, 12:45:57 PM »
Yeah, you are right, and there are many projects that may not succeed from this acts due to get money quick attitude of some of these projects developers.
Again, one reason many developers stop their projects is,
Project running Out of Money (Bankruptcy).
The team behind the project reaches a point and becomes bankrupt. In most cases, this problem comes due to the aforementioned reasons. Some startups acquire loans from financial institutions to create a project, during the process of work, the team involved start disintegrating, and even others run away with the money meant for the project, remember the loan has to be paid, and what follows is the closure of the project.

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Re: Why do some people stop their crypto project?
« Reply #29 on: August 08, 2019, 05:10:00 PM »
because those who run the cryptocurrency project lack understanding of their duties, so they can't develop or even die halfway.
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