Bitcoin Forum

What are some of the worst alt coins you've run across? I mean real shit show coins! Bit connect and Ponzi Coin come to mind for me (might as well be called Madoff Coin).

There is no worst altcoins but worse altcoins, more and more shit altcoin is coming out to scam our money, so keep third eye on those projects.

The scam projects who ruin the trust of everyone, we should be ready for anything.

In my opinion there is not the worst, but if below average I can say (NXT, IGNIS, RIPPLE, STELLAR,). all altcoin are the same only the price and name that distinguishes him.   

This type of crypto coin is usually the result of Initial Coin Offering (ICO). Because it may want to mimic the success of bitcoin, it creates a coin or currency with its own name, which is actually created only for the benefit of him personally, without any clarity about the vision and mission that make sense. Coins of this type are potentially fraud.

All the BTC forks, Verge, TRON, XP and SmartCash are garbage.
DOGE on the otherhand is nothing but the real deal.

Every coins has  a potential of be a shit coins or great coins . It depends on what the development team put into it that will make a coin great or shit.

ReeCoin, although strangely enough this has gone up a bit recently. But the owner has been more or less confirmed to be a scammer with this coin.

I think a lot of these shitcoins are being propped up by people wanting to invest in absolutely any low marketcap coin they can find that has a high supply. The FOMO of new investors for the "next big thing" is huge and will even overcome irrationality.

How many eyes you have to see the scam altcoin out there? 3 eyes is enough. LOL
However, bitconnect is one of scam altcoin which is used crypto as back up of ponzi scheme. Always be carefull with such kind of project. Also stay away from onecoin it think thats same project.

All those weird coins like piggycoin or even the jesus coin

sia is the worst coin to me. when it was peak i invested. most of the coins are dumping and pumping coins. yes bitconnect is the worst one  , now how the price is going on.

For me all coins depend on the development team , there is a possibility  to be a shit coins.

For me:

good coins: bitcoin, litecoin, monero

potential good coins: decred, siacoin

bad coins: everything ICO & its platform (ETH), copy & paste coins (with the exception on LTC, yeah bcash is NOT an exception) and everything masternodes (w/o decred).

So most cryptopia coins are just bad coins. It doesn't means that you can't make profit trading them.

The next good coin, for me: starts without premine / has something new to offer / it is build by the community / has true developers

I think USD is one of the worst altcoins at the moment. Followed by the rest of state-backed currencies.

I think for me the worst Altcoins are SPACEBIT, GEMS, DOGECOIN, PAYCOIN, and DAO. Because all of this have negative trust and biggest failures in cryptocurrency history.

not just bitconnect just a lot of other coin that offer landing and have a pyramid scheme that has been confirmed ponzi and will take casualties in the future, so better away from the coin program like that because it will make you loss, even if the profit must be just for a moment.

the worst ALTcoin that i have run across since that i start bounty is RYD this coin have remain in thesame sheet price ever since, instead of it to increase it is depreciating.

I think you this question does not make sense, people are often talking about the best of those coins, not the worst ones.
Because of the good coins, people are willing to spend more time to understand and invest in them, but knowing the worst coins will only waste time.

In digital market many failure coins are available in market. If you don't like shit coins just ignore it because you are creating a negative thoughts in altcoins. Every altcoins values are depends on the demands and market circulation this will change in soon so don't spread this shit news. All the altcoins value is gradually increase in after five years but some of the companies are close the project so suddenly we don't predict the worst altcoins.

Would you care to explain why everything masternodes is bad? Thank you.

any comments on BCC? it dropped in 4 days from 430 to 10.

I fully agree. Things will go down to how good is the team in pulling through with their plans with the project. There had been many good coins at the start but ended up badly because the people behind the project are not good on what they are doing or worse they just left after they got the funds from hapless buyers of the tokens/coins. In fact, this can be the best ground why we need some sort of a regulation here -- it could never be denied that we are now being attacked by scam artists and they know how to package their deals well that we can be unsuspecting and convinced.

I don’t say any coin in crypto are worse because I got some free shit token even I that coin sold it for more than 1 ether . Yes there is some e airdrop coins . It was worth more now it’s worth nothing.

Maybe it's the HSR, which has gained a lot of trust and built a huge community.
However, this token started the next several ICO projects to continue to circle the money, and the founder deleted all the social information, the choice to disappear.

There are a lot of bad altcoins, but we need to be careful in buying, investing and trading such assets. You need to have a lot of experience in the field of cryptocurrency to understand. And now in this market a lot of beginners and Amateurs.

a lot of coins are indeed made for the short term, but many are also for the long term, I am not very interested in coins or tokens from the ico program, although I often invest in the ico program, I don't hold it for long

There are so many altcoins that have had a bad performance this year, that perhaps the most correct question to ask would be which ones are the best ones... Most altcoins have dropped 80%-90% from their All-Time High.

Most of the cryptocurrencies invested today are very bad. On-line trading, the value has directly dropped several times.

But do you think they are easily fooled or bullied? I think not all of them, just some of the greedy ingredients that have lost their money, are their foolishness when they do not know what they are trying to do. Slowly, it is safe to make more money, and to protect your property. And coin can be bad but by the way you do and think 8)

i personally don't consider the real scam/shit/ponzi coins as "worst altcoins". they are terrible coins for obvious reasons but they are obviously bad coins. for example an altcoin called anal coin or pump coin is obviously a shitcoin. they know it, you know it and nobody is hiding it!

in my opinion the "worst coins" are those coins that are really shitcoins but pretend to be the best thing in the market. they are filled with flaws but their advertisers claim the coin is competing with bitcoin. they are centralized but they claim to be decentralized!.... coins like ETH and XRP come to mind in this category.

Eventhough the market has dropped, but I can say that I am still lucky that I have never run on some shitcoins. Hopefully in the future I can still not get to invest in such.

This, basically.
Nothing is worse than ponzi schemes in crypto.
Bitconnect was the worst one, Onecoin also caused damage.
I personally don't consider them coins, but if coinmarketcap and others are willing to list them, then their failures will taint all of crypto

there's sooooo much to mention  ;D ;D

I want to ask you, what do you mean by the worst coins? How to see the worst coins and in what ways? is it in terms of price or the value of its capitalization? Because I think the worst coin is a coin that is thrown away and there is no development at all.
 Thank you!

Well as far as i can remember the worst altcoin I've ever came across is "SAM" a scam project made by some swiss crooks with their leader named "Gian"

I feel that now it is clear that more altcoins are worse than good and can develop well, all of them because they are interconnected with each other being affected by a bitcoin that drops dramatically.

I agree with You.Why dig unsuccessful and useless altcoins.It is also very difficult to make predictions about the success or failure of any altcoin.Today it can be unsuccessful and tomorrow it can be super successful.I believe that the worst altcoins are those that do not develop or do not have demand in the market.

It is difficult to say which project is the worst this year, because in 2018 there were a lot of Scam projects. I can call the project in which I invested and it turned out to be the most unsuccessful for me, this is the BEE Token project. The price fell more than 40 times after the investment

I think the term is relative depending on how they played out and how smart any investor was with them. While it may be the best altcoin for some, it may be the worst for others. Personally some of the coins that I invested in especially at ICO levels that made me some reasonable income last year today do no longer exist, some have already been delisted from Coinmarketcap and most exchanges. It is highly relative

BitcoinCash is one of the worst altcoins there is. Yes, it has improvement, but the sense and the consensus is harming the crypto ecosystem. The results are clearly visible like last time as BCH conducts another hardfork.

Most of the coins which don't have active developments and activity updates from the company will surely become most shit coin in the present condition of the market. We need to be very careful with those coin because we might loose our money by investing into those shit coins.

the worst coin I have ever found is an airdrop coin that has no bounty, and their concept is unclear and the price is also very cheap, that's what I've seen, the rest isn't there.

Although there are lots of terrible coins with unimaginable prices, but I can't say they are the worst. Like CYFM coin, which a million of the coin isn't even up to 3usd. There are lots of crazy coins like that.

Worst coins are those that never listed on the exchange for long time after the projects ended and now it is gone. There are many coins I had on my account but useless because I again d nothing from it even I work hard for it to have. Many scam projects but hopefully this following year projects become valuable.

There is one coin at worst but i will not mention his name.
Why do i say the coin was the worst? Because their team can't work according to the appointed times.
It's about the swap coin. When q1 2018, in the whitepaper they say the swap will be made on q3 2018. But by the time it's q3 2018 they're swithcing the shitepaper and advancing to q4 201.
Now q4 2018 they need more time than q1 2019 for a reason.
The prices have gone down and have to wait longer to swap coin. If their team works for the whitepaper, it probably won't happen.
I lost my money and my patience wasted. But hopefully, there will be no project to procect uncertainties.