So, I have some bitcoinred (btcred). I received the new revolution or whatever coins. I am now trying to decide if I should sell my old btcred coins. They 0.20 USD a pop.
I do not want to sell something that if the buyer does not know that they are not valid anymore. On the other hand, you can never be sure. Maybe they wanna buy it anyway.
Any help on the ethical implications of selling an ended coin?
This coin is hardly traded anymore. There's only Yobit exchange which is a problematic one and Coinexchange which has the trading volume of 9 dollars for this coin. I don't think you can really sell the coins you have, but if you know a person willing to buy them then to make a good ethical choice you have to warn him that you believe the coins are not valid anymore. If he/she doesn't want to buy them, you know that you made the right choice. If she/he does then congrats on your deal. If you want to sell the ended coin on Yobit and so basically not to any specific person then it is completely fine from the ethical point of view, as someone else is willing to buy the coin and you don't know and shouldn't ask about the reasons of this person.
For those people who do mind up on being ethical then most of the time you would definitely warn your potential buyer about the current status of the coin you are selling into.If he decide inspite on having those informations given then its his choice atleast you wont really bare in mind when it comes to your conscience that he might not able to sell out those coins on good rates. Yobit? Then its just like suicide already when you do make already some deposits on this shitty exchange.