Post
Topic
Board Altcoin Discussion
Re: Who's responsible for the dead coins?
by
o48o
on 11/05/2024, 09:00:50 UTC
Between developers and Investors, who's responsible for the AltCoins that goes dump or likely to be ghost coins in total disappearance even from the market cap?
Rumours goes around that it's the developers intentions while done days it's the Investors impacts that determines how much active the and stable the AltCoins could stay in the market cap.

So, who's responsible when the Coins dies?
Wouldn't this depend on the coin? You might as well be asking who is responsible of dead products in real life. There can be as many reasons as there are companies.
1: Team don't have enough time or funds to keep on going.
2: Team lacked skills with coding, leadership, marketing or business in general to adapt to ever changing crypto scene and growing with the needs of it.
3: Team ignores the community and don't have enough transparency.
4: Competition did it better
5: No real use case for smart contract or blockchain, no real strategy, 
6: Bad tokenomics

Only difference being a crypto or real life product is that pump & dump groups can't use anything but crypto tokens as "speculative" asset while doing their pump and dump scheme.