Bitcoin Forum

18 cryptos capping more than 1Bn ...
how many of them shitcoins and why?

I know XRP is a centralized piece of shit, not so familiar with others.

Post here why a coin is a billion dollar shitcoin if you know.

EOS is more centralized than a fiat bank, with a small group of complete strangers able to freeze accounts, reverse transactions and seize funds with absolutely zero oversight or regulations.

TRX is a plagiarized coin with a a plagiarized whitepaper built on plagiarized code.

BCH is just lol.

EOS is 7Bn cap... wtf are those people giving theyre money for?

Add ETC to that list. It's only making money of Ethereum's name.

Im agree with you, really, XRP and BCH are shame and cant be trusted, but it doesnt mean that you cant get some money by trading this shitcoins. Just use it properly according to the market situation, not for long-term investing but for daily trading.

EOS and TRON. and of course Tether!!!
those are really shit coins with huge market capitalisation. something unbelievable.
I mean what a fuck???

I meant technically a shitcoin, like centralized in some way or stuff like that.

Forks like BCH have their own lols, how is ETC shitty?
As far as I know it is the code that is possible to hack in some way - the thing that happened when ETH was reverse forked.

Tether is just playstation money :)) needless to say its centralized with all the implied risks

How is TRON shitty?

On one hand, yes it is just using Eth name. But on the other, it is TRUE Ethereum with all Eth abilities that honors the Code as a law) Think about it. Of course now it is going not the same way of developing, but it is moving somewhere)

Don't agree with you on tether, tether is powerfully crypto currency backed buy real $ value. You can use tether wisely to make huge profit if you have good knowledge about market trends. Like if there is negative news coming if you guess in time you can exchange your currency for tether for example if Bitcoin valued at 7500$ and drops at 6500$ and if you have exchanged your BTC at 7500$ value you can buy more BTC.

If people start selling such a coin and they will sell at least 5% in short time lines, then the price will drop in multiple times, and there no longer be capitalization of a billions, so in fact these coins are not worth the money you can see on coinmarketcap.

many projects are holding on the market because they have more ads and names. This will continue until the projects are done. But in the future, this will definitely change.

I join the negative thoughts on TRX, I think people buy it because price is low in general
I m also no big fan of LTC probably high ranked judt because it's a first fork of btc

I do not think that XRP is shitcoin at all their project is strong and it is usable for the banking industry, the rest of the coins can be because of the high hype or the developers invested a lot of money there so

No shitcoin has more than 1B marketcap. If you begin to trust it and follow the herd, you may be among the victims.

can you detail on why you say no shitcoin has more than 1Bn marketcap?

yeah XRP is a garbag. There were alot when the hype still goes on. Many of the billion supply shitcoins came about. You will only know because of the hyped and the project will not be there for later.