Post
Topic
Board Altcoin Discussion
Re: Who's responsible for the dead coins?
by
Strongkored
on 14/05/2024, 06:17:12 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 some says 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?
Investors who are disappointed with the development of the altcoin they are holding can express their disappointment by dumping away the coins, especially if they are a big holder so that the investor will get profits from other projects, and developer can also be the cause of the coins being dumped because the initial aim of this project was to cheat, so developers will dumping their coins for their own benefit, that's why we have to be careful with new and old altcoins, because as investors we don't know for sure the developer's true intentions for this project, but often altcoins do provide bigger profits and quickly and the risks are also bigger.