Post
Topic
Board Altcoin Discussion
Re: When does a coin become officially dead?
by
harizen
on 23/01/2017, 15:37:05 UTC
I read all these threads about coins becoming officially dead. However, most of these threads are FUD. When does a coin become official dead? Is it when the developer stops developing? Is it when the coin stops trading on major exchanges?

An altcoin officially becomes dead when its blockchain stops advancing. That is the heartbeat.
Not at all. On yobit there are a lot of 1 sat coins, which wallets are "under maintenance" for months.
Anyway, you can look from different perspectives on this "dead" thing

Yobit exchange is the grave for those dead coins. They are still listed but their volume is cold for a matter of long period of time. Healthy = Shit = Dead, what a cycle for other altcoins.

But yes Im agree on how people look over to the term "dead". For me, as long as it was never established a good trading volumes for a minimum of couple of months or less while at same time never heard any future plans from the dev then I called it dead already even they are still listed in some of the altcoin exchanges.