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What was the biggest failed cryptocurrency?

  • Thread starter Thread starter Grant
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For me I think that would be TRX, it has somewhat of an epyrhic victory,the hype it had (and is still having) and it's value does not correlate,so personally I think it's a failed project. People are still using it though so maybe there is light at the end of the tunnel
 
I don't know any big cryptocurrency which has failed. Cryptocurrencies which had made a big impact and have become really big are still going on and available and growing only. However yearly ups and downs in the value of currency should not be considered as their failure but a normal lifecycle growth path.
 
It would depend on your definition of failure, some coins do not do well when they first start but with time and right investors the coin might turn around for good.
 
Ceeny007 said:
For me I think that would be TRX, it has somewhat of an epyrhic victory,the hype it had (and is still having) and it's value does not correlate,so personally I think it's a failed project. People are still using it though so maybe there is light at the end of the tunnel
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I have to agree with you. Tron is just so popular and useful but it doesn't reflect in its price. I would have expected more success from Trx than many other coins out there.
 
Certainly there certainly are actually a lot of stopped working cryptocurrencies, some also stopped working appropriate coming from introducing all of them. Directly, I view dogecoin as tethering in the direction of that classification. I choose to stay on the effective coins.
 
based on the price XRP is underperforming. Howeve, Ripple is not a failed crypto currency, but I believe XRP could not be what it could be. It is one of the oldest crypto currencies yet the price is still very low.
 
I would not fully tag doge coin as a failed coin as there could still be hope for it, it's still trying to pick up. Though if care it's not taken it could end up being a failed one, but it's still Abit early to classify it as failed.
 
You are right during the time that you posted this thread dogecoin and litcoin where not doing well. I can say that they are one of the worst coin. But today they are both during well most especially dogecoin
 
mcjerry said:
You are right during the time that you posted this thread dogecoin and litcoin where not doing well. I can say that they are one of the worst coin. But today they are both during well most especially dogecoin
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This is what is meant when they say that the cryptocurrency market is highly volatile because the price continues to change over the course of a day and this can make is very uncertain. But it does provide you with a good trading opportunity.
 
BrolySSJ said:
This is what is meant when they say that the cryptocurrency market is highly volatile because the price continues to change over the course of a day and this can make is very uncertain. But it does provide you with a good trading opportunity.
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Yes that is what make a good trade and a profitable on for someone that can make good use of the volatility. That is why I like trading at night this is when this happens a lot.
 
mcjerry said:
Yes that is what make a good trade and a profitable on for someone that can make good use of the volatility. That is why I like trading at night this is when this happens a lot.
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At night there can be some major movements but it depends on where you are in the world because there are different time zones that are active at different times.
 
I'm just getting to know about the crypto world with new coins that are emerging. I have friends who invested in these coins and they made losses as these coins dropped in price. I remember Dogecoin
 
BrolySSJ said:
At night there can be some major movements but it depends on where you are in the world because there are different time zones that are active at different times.
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You are right. But I am talking about gmt time zone. That is 0 time zone. This will fall to afternoon in the US but night in UK. This time is the working hours for some countries. This is what makes it fluctuates
 
The biggest failed cryptocurrency I have ever encountered amongst all of the exist cryptocurrency is the Dogecoin. I do not understand why a coin like that will be in such mess
 
Grant said:
This is just a general question really. What was the biggest failure in the cryptocurrency game? I don't recall most of the past currency that came out. I remember Dogecoin, which I don't think is active anymore. But I could be wrong of course.

Anyway, what were some of the failed cryptocurrency? Did they get bought up maybe? Did people lose a lot of money because of it?
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I lose a lot of money on dogecoin. I entered at the wrong time. I thought the price will go higher.

Instead the price went down and down. Presently the price of dogecoin is climbing it's way up again. I regret why I bought dogecoin.
 
Grant said:
This is just a general question really. What was the biggest failure in the cryptocurrency game? I don't recall most of the past currency that came out. I remember Dogecoin, which I don't think is active anymore. But I could be wrong of course.

Anyway, what were some of the failed cryptocurrency? Did they get bought up maybe? Did people lose a lot of money because of it?
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Cryptocurrency is a very popular online business which many people have earn a living through it, but there is a lot of risk involve in it you may likely loss if you don't study the market very well....
 
I don't know if anyone has heard of a coin called namecoin (NMC). I think this is the biggest failed crypto currency. I bet most of you have never heard of NMC, yet it is the first altcoin that uses the same proof of work as Bitcoin.
 
I haven't really seen a failed crypto currency just yet.
But from speculation, dogecoin looks to be suffering but I hope it doesn't fall because s lot of investors would lose
 
I recently found about a coin called Namecoin. It was created before Litecoin was created, thus making it to be the world's first alt coins. But looks like it is a dead coin.
 
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