Post
Topic
Board Altcoin Discussion
Re: Who's responsible for the dead coins?
by
Bitco55
on 11/05/2024, 11:02:42 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?

I feel you may have asked and answered this question, but then...

When a coin comes into the market, what determines its price and how good it is, is it's popularity, and how many people are willing to invest in it? This makes the coin more trusted, more popular, and more valued.

If a coin comes into the market and due to some reasons, people are unwilling to invest in it, it'll lead to it's death and it's dis-listing. But what causes people to not invest in it is definitely a fault in it's programming, which is its developers or its marketing team's fault for not promoting it properly. People won't want to buy it cause no one would want to buy it from them. Although, most of these coins experience a short-term pump and leave, people's little trust in it makes the pump and death easier.