Post
Topic
Board Altcoin Discussion
Re: When does a coin become officially dead?
by
Herbert2020
on 23/01/2017, 07:23:53 UTC
there is nothing called officially in my opinion.
you can call a coin dead for many reasons for example:
  • when the developer gives up on his own project and nobody else is interested in picking up where he left off.
  • when the price goes to 1 satoshi and there is no buy orders and nobody is buying from the asks either.
  • you can even go as far as calling a coin dead when it is getting dumped real hard down to 1 satoshi
  • technically a coin is dead if there is no one mining it and there is no full node of it available any more.