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What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?

The above quoted line defines Shitcoin!

If a coin's price constantly decreases right after listing in exchange even the coin has real-life working products then it is indicating the owners are dumping their coins and panic sell will also lead.
If this is the scenario then I will say they really don't have any working products or they just don't care... What they care only is money and a quick exit IMO.


The above quoted line defines Shitcoin!

No working products = no value to the coin. Fake promises will not work for long.


There could be more reasons for shitcoins...

As an example, a coin has a working product and the ico was successful and when listed on exchange the price only dropped, never increased.
The reason could be the product they are offering doesn't have any value in the real world. Now you can say how come ICO was successful? Well, that's hyped out during ICO and naive investors got into it.

Anything except Bitcoin is shitcoin in my book.

for me shitcoin is a coin that comes from a failed project and does not have trading volume. and since the beginning the coin has no potential. coins that are easy to manipulate can also be called shitcoin.

you can see in coinmarketcap, 90% of all altcoins currently available are shitcoin. all coins that are always dumped during yesterday's decline are shitcoin. coins that move because of speculation and rumors are shitcoin. and the coin of the scam project is shitcoin.

that's the definition of shitcoin in my opinion

Any ICOs or premined coins.........which all use to be looked down on here.....times have changed people seem to have forgotten what crypto was actually about.

A coin that has no real development except occasional social media posting, one never listed on any proper exchange and has a large sell order in dex for the minimum fraction of Ethereum.
The one which has no roadmap or vision, no mechanism of dividends or buy backs and burns, no any way to reward it's investors.

For me the price does not reflect the value of a project, there are many potential projects on CMC but with very low prices. That doesn't say that those projects are shitcoin. And vice versa for high-priced projects does not mean they are valuable. To evaluate a shitcoin you should focus on the value, the true application of the project can bring to life. Assess future development potential, if a project does not meet the above, it is shitcoin.

I don't think price should be a factor in calling a coin a shitcoin. Price is temporary.

What I consider shitcoins are those with no real use case, purely hyped coins.

For me, Any coin that keeps losing the value even if everything around the project is rising and the coins whose daily trading volume took a sudden nosedive.

People has been calling coins with names if they fail to make a quick profit from it. It's also a matter of personal preference.
Coins with no use, no value and no development is a shit coin or I'd prefer to call it a dead coin. If the coin is not dead, it would not be wise to call it a shit coin.

Obviously when we say shitcoin, it has no value at all, purely being used by a lot of manipulators (including the people behind the project) for pump-and-dump.

Dev's doesn't improved the concept and they let it sit their github repo without so much update that the coin will suddenly die down and exchange soon de-lists them.

And then added here-> https://deadcoins.com/

For me, shitcoin is just for a coin who don't have developer, team, community, and the market has nearly delisted with no volume in the market.

In my opinion, shitcoin is no volume, useless and no one want to hold it.

My definition of shitcoin is the coin don't have any volume trading or under $5k volume trading daily and the price of that shitcoin under $0.01 or even less. Shitcoin usually only have sell order, rarely have buy order on exchange. Also only listed on unknown exchange or small exchange.

For me shitcoin is a project that has no certainty and when viewed from its vision and mission it is not good.
Shitcoin is not suitable for investment and even if it is used as a gambling investment, it is a loss.
Please avoid shitcoin because it will only make you lose a lot of time, energy and money.

Well of course, the word SHIT is not a a good coins, useless, no value, can't help us to give profit but can steal
our capital if We believe to their hype tactics. And most of this shitcoins are really manipulators where they control
the market to their coins then they will the community to buy their token then all of a sudden once they've hit the target
of course they will sell at once then run away and never go back.

No progress and active development, no real technological improvement, no real community of supporters, no real use case, unfulfilled promises by the team, unfulfilled roadmap, suspicious devs and almost zero in value - these I think are the characteristics of shitcoins that we needed to avoid!

Once after the launch of the coin there will be no development further to keep the market of the particular coin good. These days the competence have increased much higher than the earlier days, based on the same only with continued development it is possible to stay high in the market. When this gets lacked automatically the coins goes worthless, this is what mentioned as shitcoin. Same time if there is continued development then someday it'll grow. I've come across various such coins, and one such got launched two years ago but they were giving the best to get it good value with continued development and providing updates to the investors.

All coins with high probability. With the exception of bitcoin and ethereum. Until the opposite is proved. With the help of real affairs.

They say when its not on the top of the list it must be a shitcoin, of course its not entirely true there are serious good coins out there just waiting for it to be fully developed and some just needs marketing. But to me the real shitcoins are those that were not listed on any exchange besides in the dex where people can buy millions of it under $100.

You should be advanced than that.

You are already talking after the listing which means you already bought the token.
Go 1 more step forward.
Before you even bought the token you must already knew that it will be a shitcoin.
How?
First, they should already have the funds and just looking forward into what they will get from an ICO.
The ICO should just be a help to make their market more larger or to introduce their token and project.
If they dont have that then be really careful. Out of 100 there could only be one that could make it or complete their roadmap with that kind of strategy.

No experienced dev team with inactivity. No innovative and nothing new in the form of the coin. Copy paste shit of another coin. This criteria are the one for which I consider a coin as shit coin.

I think price alone does not define shitcoin. Given the volatility of cryptocurrency, prices of a coin going up and down from time to time is a common phenomena. We can also see many good and promising coins have gone down in price due to various reasons like lack of enough advertisement. Even a so called shitcoin may rise in price due to its hype. I think good and strong team, technology, goals etc can determine the value and importance of a coin. So we should take these things into consideration before investing.

Well, what do you call something that is a pain in the ass and worthless, for me that is what shitcoin means, if you invested in a coin and you lose a big sum of money without return, you can shout a big SHIT on that coin, but I don't know who first started or coined that word in the crypto community.

Price is nothing but a number. No one can detect a potential cryptocurrency with its price. Bitcoin had zero value since its beginning and later when it has first gotten a value, it was $42 for 10000 bitcoins, mean $0.0042 per coin.

Coins with no real tech behind them and no innovative solutions brought to the market that could solve real-world problems.

as i know a shitcoins is a coins with poor even didn't have active development inside the project, and have no volume in exchange
a lot of coins like this born in this industry and become digital garbage in crypto world
remember do not drop your money to shitcoins if you don't want to lose your money my friend

Price is not the sole parameter to be considered while defining a shitcoin. Because I have seen some of the very good projects getting listed at a discount to the ICO prices (and then continuing to drop) due to no fault of their own. It may be due to the prevailing market condition or as a result of the manipulation by the whales.

IMO, a shitcoin is a cryptocurrency which has no uniqueness of its own (i.e a a copycat), promoted by scammers and undergoing pump and dump cycles so that the promoters can dump their coins and profit out of it.

A shit coin is any coin that have no legit team behind it even if it claim to solve real time problem and a working product that does not meet up with the market requirements, this coins are dump after listen by the team member who hold large number of the coin. Price is not what matter most in a volatile market such as cryptocurrency because any coin can decrease and also increase at some point.

Development that is not clear and also updates do not show progress. the team they usually use is fake too. and also whitepaper copy paste. it already shows how we can look for shit tokens or shticoin which are very detrimental.

I define shit coin as a rubbish coin that doesn't have good movement on the market. This coin has no real results and cannot compete in the market. This shit coin has low trust from the people and can be said as a failed coin. This coin does not have technology that can compete in the market so it cannot survive in the market for a long time. the future of the coin is not potential and is not bright so that the movement of demand and offering of this coin is not balanced.

Shitcoin is those coin from the scam projects, this tokens has no value and only a design token in your wallet. Sad to say the we put an effort and time on this shit token or shitcoin and its worthless in the end of the campaign.

There are a lot of factors. Inaction team and the lack of a working project. Also the behavior of the team. For example, when the whole system is built as a pyramid, when you are constantly asked to buy more and more coins.

Personally, shitcoin to me means any coin that has no real life use case, no project development, project abandoned and coin dumped by the team because their initial aim was never to carry on with the project or follow the roadmap, but to make money from token sale. If a coin has good project development and it's dumping, I don't normally blame the team because most times they can't control market factors unless via a buy back policy.

If the coin is a fork of another coin without significant modifications or changes in functionality, the project does not have a development team or a group of individual developers who actively participate in its development, or if the team is anonymous, then with high probability it is a shitcoin.

I think a shitcoin is a coin which is a clone of another coins without any new feature and also without any real support and the price continue grow, and also the price drop and also a coin with huge premine.

I also do not what exactly define a shitcoin. People keep talking about shitcoins. There are many coins having similar features and services to offer and what causes some to fail and others to succeed? I think shit coin is a coin that is not rising in price. If a coin is struggling to survive no matter how strong its team and technology is, the coin is called shitcoin.

for me id say , shitcoin means if a coin is not listed and wont ever be listed no matter how long you hodl and wait  . i have lots of them and i got them all when im still active on joining an airdrop , it was last year to be specific , that was moment that i joined an airdrop but until now , almost 1 year has passed but those coins that i hold arent still listed on any exchange  .   while some guys consider a coin a shit coin even if the coin have a small value  .

Shitcoin is any coin that has no real application or has been dumped hard by the team. Shitcoin for some people is coin abandoned by team after ICO,  Shitcoin is like wallet decoration in this case. Shitcoin might also be seen as forgotten coins, no development whatsoever.

For me a crypto could be considered as a shitcoin when it is worthless or doesn't have a value,
I also consider the alt-coin that continues to drop down as a shitcoin most of the time when this happen the coin/crypto would be dead without an order on the market.

in my opinion shitcoin is a coin that really does not have a real or coin product that has a product but it is very difficult to compete and also develop and increasingly marginalized by new coin coins popping up.

In my honest opinion, A shitcoin is a coin that has no real life usage and have also decline in price to the extent it becomes untradable on exchanges turning the coin you bought as an asset into a liability in your wallet. A liability in the essence that a fee is required to transfer the coin out of your wallet without bringing in any monetary equivalent.

Definition in my opinion, most shitcoin comes from 50% airdrop tokens, 30% ico, 20% coin that uses old algorithms and its characteristics are shitcoin usually always promises unreasonable updates, often delays listing on the market, and if traded it has volume very, very low, that's the definition of shitcoin

Anything that is not Bitcoin is a Shitcoin.

Not all that is gold shimmers.

Around 95% of the Altcoins on the market have and serve no purpose they take away from bitcoin adoption and stifle the market most of which turn out to be scams to the highest order.
People should see that the Alt market is nothing more than a was for greedy developers to push some shitcoin to gain more BTC -  all alts are a route to BTC nothing more.

Sooner alt's vanish from the industry the better.

Shit coins are those who are created to scam, sometimes we tend to call a coin a shit coin although it's just an undervalued coin.
We have to know the difference, we cannot just call it a shit coin until we made a research and we believe that the team is not capable of developing the project.

In past, my definition of shitcoin is when it is reach 1 satoshi in market and then delisted. But now maybe what be trend is shittokens because altcoins not really much for now and there are a ton of tokens that have very low value.

My definition of shitcoin is not listed on the market, if there is a market, the price is around 0.000070 USD. the project is not clear, the team does not have seriousness in developing updates. And dead communities.

- any coin with an insane volume. (e.g. Billions and billions of coins = Fake Total Market Cap)
- any coin without a reliable exchange and user interested to buy not only for speculative purposes.
- any coin without any reliable product behind.
- any copy of another coin without a real team/advantages of using it.
- any coin distributed with some anomaly (likewise admin own large batches).
I don't think all coins are shitcoins (with exception of bitcoin and ethereum).
There are also scam coins :D . And there are also other niches projects that could be considered as "strong cryptocoins".

A shitcoin is where you slowly losing your investment from that coin, where it becomes useless until it becomes a dead coin, shitcoin actually still has a chance, where it is adopted by a new developer like what happen to Xtrabyte, where a new dev overtake the development of that coin, and from 1 sats the price skyrocket.

Shitcoins have different types of meaning ,my own definition of shitcoins is
1) coin that are just plain pump and dump coins used by scammers
2) coins or tokens that never get listed on exchange like forever
3) coins and tokens that get listed on exchange with no volume ,means no demand for it

Mostly utility tokens for no-product or unnecessary products.

Like bank projects which never get licence or crappy exchanges, nobody would like to use.

my definition of shitcoin is :
1. coin is not listed in any exchange
2. there is no progress from the project
3. the volume of coin is very small

The projects which are just created for the purpose of making profits for the project team and after the token sale were completed the project will left undeveloped so which is actually a shit so can be called as shit projects.

If the project got no working product after a long time of development it is in my opinion a shitcoin. And especially if they made big promises during the ICO and collected a lot of money but can't deliver any results.

No, that doesn't make a shitcoin. It's an expectation that coins will ever drop in price once its listed on an exchange because of activities of early dumpers.

For me, what makes a shitcoin is when a coin crashes but it's unable to rise in price again no matter what usecase it has like we have seen in the recent past. We saw that with Bytebal, Bitcoinconnect and the rest of the lending coins -firstcoin, regalcoin, glasscoin etc. Most of these coins were the talk of the town before and in 2017 and had enviable prices. But they crashed and haven't been able to rise again till now.

Simple explanations but in real world that's how it is, shit when the project is solely proposed to collect money and nothing else, after getting some investment and devs already being satisfied the project will be left out of nowhere and will die naturally, investing from industry should not be based
from short term benefits but also it should be taken for a long term existence.

shitcoin for my opinion is coin with no progress and keep decreasing in value after release on market exchange
developer do nothing to keep the price stable and its like coin with no future

For me it's a currency created with the sole purpose of being pumping once, right after the ico, so speculators can make profit. After this initial pump, the currency dumps and never recover itself anymore, because nobody has real interest on it.
It's a currency mainly used by speculators and not enthusiasts.

So there is only 10% of those in the CoinMarketCap which can be considered not shitcoin. Well, you can be telling the truth. But what can be amazing is that there are more and more shitcoins out there that never made it to any exchange leaving many investors with nothing but empty bags dismayed with the whole cryptocurrency experience. Unfortunately, sometimes it can be hard to determine a shitcoin project from a real one and there are those which started so well but ended up bad. Just recently, there is the IEO trend...do you think this can help us avoid shitcoins?

Shitcoins always disappointed investors and bounty hunters that promotes the project,And shitcoins are scams sometimes so be aware of those and make investments only in good potential coins and those projects that offerings a good product also,So dont make investments on bad projects and in not popular projects to male sure you will make profits.

for me shitcoin is coin with price very different with pre sale after that coin are listing, coin never listing. so that coin not have value, and the last usually shitcoin just have a little volume transaction

many ways to explain shitcoin characteristics . in my opinion the vital is when a project that has succeeded in crowdfunding and listing their coin on the exchange market, the coin selling price getting worse after day by day. the cause and the reasons are various kinds, from those who do not work on according to white paper project there are even those who shut down the project. so no ecosystem in to growup the price.

The fact that a coin gives you profit, does not mean it is nota shit coin and the fact that it is growing at the moment you have it does not mean it is not a shit coin.
A shit coin is a pump and dump coin.

Let me try to break it down.

Shit is actually a vulgar  language, which mean waste product or fecal that is passed out after uploading some substance into your system p, which the body cannot make use of or sees as waste.

Therefore, a shitcoin is a coin that is a waste to the crypto space and to the world in entirety. No real use case. It has nothing good to offer, than to make some people run bankrupt.

Yes, there are many ways to define shitcoins but most of them will certainly produce the same thing, shitcoins are worthless coins. Most shitcoins prices will run in a downtrend because there is no development nor effort to make it increase. Most of it comes from projects left by the developer.

Shitcoin is a call for altcoins at very low prices like 10sat or can be lower than that.
I think altcoin is keep needed and not only coins with just born and gone in time.
We can see lots of exchanges and even grow over time, the problem is who will place it the exchange if it's not an altcoin.
It is true that altcoin is now experiencing a continuous decline because BTC continues to increase, but I believe that later Altcoin will also increase to adjust to current BTC prices.
maybe it takes time but indeed it will definitely happen for altcoins that can survive.
That just pure my Opinion and my Analisys self.

Some worthless coins automatically drop the project in all the time. But good coins also loose the effort because they need promotion in constantly otherwise peoples are forgot the coin. Nowadays many shitcoins are enter in the market so I totally concentrate the top coins in crypto market, may be some interesting coins are attract in crypto market surely no one analyse the definition of shitcoins.

Price can never define a coin as shit coin or not. I can give hundreds of example on these. Bitcoin itself is an example which I have already mentioned in my previous post on this thread. Bitcoin has zero value at the beginning.

There are many coins which are worth Satoshi , take the same for example btt , you want say that this coin not enjoys large demand ? this coin is always big trades , for me shitcoin are those that are above 200 places in capitalization

A shitcoin should be any digital coin with no value that can't be saved even after an effort to pump it, it can include those coins that have a market capitalisation less than 1 bitcoin after a long period of being listed on an exchange.

Many shit projects were still exists that is why we have 2000+ crypto currencies and it still have some invesotrs that is why having value but in few years these will get educed due to people will left their interest on these coins.

Shitcoins are often identified by a specific pattern that they follow. First, the coin launches to some interest, but the price remains relatively level. Then, the price increases exponentially over a short period of time as investors pour in. This is followed by a nosedive, as investors dump their coins to capitalize on short-term gains.

I have 2 things about shitcoin, which is coin, which was originally a hype because of the high price and suddenly plunged down because the hype was gone like ico low gwei, and one more thing that shitcoin gets hardcap but in the market it doesn't match the price of ico or under ico.

Without accessing a cryptocurrency dictionary, I believe shit coin would be a coin listed in poor or average exchanges with low volume and decreases constantly after listing because it has no working product, marketability and of zero interest to investors

A coin with no product and that has nothing to offer to the crypto space in terms of its innovation is Shit coins,  a coin that is being shilled by some twitter lads with the aim of pumping and dumping on their followers is shitcoins,  irrespective of the exchange that it's being listed on if it posses all this it's a shit coin in my opinion

Some simply have no intrinsic value due to the lack of a proper project behind them.
Even though shitcoins have no potential value or use some have seen their value on the open market rise dramatically from time to time, usually because of a pump and dump scheme.

A shitty coin is first and foremost that coin that no one needs. It does not trade on good exchanges and has a trading volume close to 0.
The price of a coin does not matter, because different coins have a different price. The main thing that the coin was of interest to investors.

right, if the coin is not attractive to investors, the volume is very low and it will be very difficult to develop.
moreover if the investor feels that the product or the team is also of poor quality, the coin will certainly die.
so in my opinion it's better not to have to hope for such coins.

A coin with real life working product will avoid its token from dumping massively by taking all measures. Otherwise there are some lies that have been told about the working product while team are busy dumping. A coin that the team doesn’t care about developing , about the price , about the community or  investors is a shit coin to me.

My definition of shit coins are coins with no tangible value to offer or coin with good prospects but with unserious and unmotivated team. We have many coins in this category and I don't think there's nothing we can do to them because there will always be shit projects in the industry.

That's right, sometimes pesky coins fail because of the lack of support from the team or investors who are seriously developing the project and the concepts and prospects that are applied.
If we save the best way to eliminate it, there might be someone who believes or hopes that the coin can grow again. Whatever the reason, dirt coins cannot be expected and thrown away and buy better coins.

the coin will not been successful is going to the sheet by so if we are doing something better it will definitely when is the previous thing that we are invested in not valuable investment.

Shitcoins are coins that do not have a real life usage and value, shitcoins are coins that increases or  decreases because of Fomo, they are coins that the developers didn't implement their roadmap hence investors lost of interest which translate to low or no volume at all thereby become valueless

Of course shitcoins you can determine if it has no trading volumes in exchanges. This means that people are not interested in this project.

Well, to start with, I don't like using the word shitcoin. I find it unethical and very unprofessional to refer to projects or its assets with such rude word.

So people refer shitcoin to projects, Coin or token which have definitely nothing at all to offer.

As the name goes or rather what it is being called most times, it means something without value.
Most of these coins are product of pump and dump, or products of a team who are after their pockets and once listed in exchange, they abandon the project, thus the coin keeps dropping in value until no one buys it. So to me, this the definition of a shitcoin or worthless coin.

Most of the coins that have been created recently are in the same situation. We may even think that the money raised is not true. Because, in most of the public groups I did not the investors asking anything, just hunters.

-- if it's a copy paste clone
-- made with walletbuilders (or any wallet building service)
-- if its ANN is just full of buzzwords, and dosent actually bring anything innovative

if it has ANY of the above and/or has a tax or premine with atleast one of the above ^^^  then its a shitcoin :P

For me shitcoin is the lowest price coin, because there are too many crypto that are included in the stock every month. But not all of them are, sometimes there are those who are successful and able to compete with the famous altcoin. It all depends on teamwork and strategy in the project. No problem.

in my opinion shitcoin is a coin from an ICO project that has bad management, and when coins enter the market there is no interest in buying and selling.

In my opinion, a shitcoin is a coin that depreciates in value after listing on an exchange and also it does not have any working product that can make the coin useful. Hence, the coin just lies in your wallet, just like that.

There are two names that use to describe a weak coin. One is a shitcoin which is a coin that has no real world use or is a clone of another coin without anything added to it. A shitcoin is something people will never use because there are already better projects doing the same thing. For that reason I believe BCH is a shitcoin and SV is an even bigger one.

A second term that use is a scamcoin which is a coin made by a fake team or with a big premine made to steal money from idiots.

Definition of shit it's means price low price value after listing into the exchange didn't up their value in the market low quality project not supproted by the devs or the people in the industry. That's is my opinion and definitions of shitcoins in my understanding.

Coin that is hyped only to realize it of no value and vision. You list it today and for like 3 years all you could see and imagine is depreciation. With such coins there is no hope so out frustration you tag it shit coin  :)

Working product is not a problem for a start-up. My definition of shitcoin is simple a coin or token that have no actual development or doesn't have any progress. Because, with product development and marketing price can slightly increase no matter they are listed because news always bring demand (even a little)

Coins that basically lose value and basically the owner are not ding anything to improve on it and no update nothing coming in at all At times even you can get some updates but they might not be that integral and devs just stick to small basic things Things that have no meaningful effect and at the end of the day the coin just dies

I don't really understand what is really bad but I like real projects so even though the price continues to fall but at least the coins still have high hopes of recovering, although it may take a long time but when they go up, the price increase will be very significant and even reach 1000% of ICO, that is very possible, so for anyone who has a coin like that it is better to keep holding it because a good project will have a good impact on the coin

I think that the definition of shit coins has the value of the price decline after the listing on exchange. Because many people can create a product and the appearance of some work, but only those developers who are interested in developing their product and maintaining the reputation of their project can provide support for their coin on the exchange.

You will know if the dev's team is dumping by the amount of coins in the sell order.
If it is almost even half of their premine or total available supply, the chance of pumpndump is very high.
Even if they have working app or product, they might be using it as a front to gain supporters.
The development is stagnant, the support is slow to nonexistent, these are some of the indicators that they are about to abandon a shitcoin project.

refused and was difficult to improve so they were not interested in coins.
if only there was a lot of support for coins and had a high appeal so that it still had a chance to rise.
but not all new coins are bad and cannot develop, so we check the details.

what is clear is that there is no good thing in defining a shitcoin because the team of coins only creates a coin for their personal benefit without thinking about future developments and investors who have trusted to invest in them, but leave it so that it is very detrimental. I hope that in the future the shitcoin project models will no longer emerge and there are clear rules for this.

Shit coins are those coins that have absolutely no value. Their price on the stock exchange is constantly declining, and volumes are becoming smaller and smaller. This is the key definition of a shit coin.

Shitcoin is any cryptocurrency that is disliked by the person talking about it. It could be any coin that is not bitcoin, or a coin that lacks any new or advanced technology, or a coin that has become worthless after launch. Shitcoins are often identified by a specific pattern that they follow. First, the coin launches to some interest, but the price remains relatively level. Then, the price increases exponentially over a short period of time as investors pour in. This is followed by a nosedive, as investors dump their coins to capitalize on short-term gains

in my opinion shitcoin is a coin that is not valuable, the price is very low and is far different from the price at ICO, shitcoin is a coin that fails in its development so the price continues to decline and becomes worthless, currently there are so many shitcoin because many projects fail in its development

The coin becomes shitcoin when developers cease to engage in their project and it ceases to be of interest to investors. Then all shitcoin owners try to sell it quickly at any price while it is still worth something. This finally finishes the coin and makes it shitcoin.

For me, these are the coins created only for the benefit of the creator and not for everyone. There are so many voins that have no value and no development on its side. I giess the reason why it has no value because the project made this coin just for the project and not really for the people.

You just got the point nailed.
The decline in volume sometimes get to a stage of zero volume.
There are so many of the listed on CMC. Some people have tried to resurrect them, but because they are shit coins, they have refused.

How they do not have a product can maintain prices, it is certain that the community does not interact well, or is registered in a bad exchange.

Bad coin projects are those who do not follow their roadmap or their team does not have good interaction with the community.

There are a lot of such coins in existence and many of them are no longer actively traded or mined. What happened during the two bull runs (2013 and 2017) is that Bitcoin got a lot of media attention and people with hardly any knowledge in crypto suddenly pumped in huge amounts without any planning. For many of these people, Bitcoin was too expensive. So they were looking for cheaper alternatives that would give them crazy returns. In the end they invested in shitcoins and lost all of their investment.

Well in my definition can be a bit radical, because any currency or altcoin that has no life of its own will forever be shitcoin, until proven otherwise, is what I think personally, why? Simple all the altcoins depend on bitcoin, until now a cryptocurrency that does not depend on bitcoin has not come onto the market, because those that come out have no liquidity to resist a market that there are many operators with high sums of money that can pay their investment.

Normally the Stock Market has liquidity in most of its shares, in big companies like GE, Walt Disney, among others are stocks with a lot of history, something similar happens with bitcoin, the coins that follow bitcoin that have more history starting Bitcoin is Ethereum, but it depends on Bitcoin and its movements.

My definition of Shitcoin is like when you try to take out a coin other than bitcoin and apply a fork to it, it is when a coin is cleared of many Exchanges, I think that is the proper definition of shitcoin.

maybe they will never rise even though they are already on the exchange. but most of them do not have trading volume, and that is obviously bad for a cryptographic asset. maybe those who do not have trading volume must be discharged from the exchange.

Well it depends on the project of the coin you are referring too, you can just call a coin shitcoin because it keeps on decreasing in price on the exchange, decrease in price can actually be caused by different factors which includes having much supply in the market than the demand for the coin, or giving out a lot of coin during airdrop, what you would check to know if a coin is a shitcoin is the project that coin was to serve, if there is no project then no value can be created, and once there is no value, the coin is useless.

And Without any updating by developer for make them made to increase rise into crypto world. alot of them leaved project to make a new shitcoin and the new next cyrcle one trash without tech and knowledge research. Dumping it price at shit exchange too.

For me the cost does not mirror the estimation of a task, there are numerous potential ventures on CMC however with low costs. That doesn't state that those activities are shitcoin. Also, the other way around for expensive ventures does not mean they are significant. To assess a shitcoin you should concentrate on the esteem, the genuine use of the undertaking can enliven. Survey future advancement potential, if an undertaking does not meet the abovementioned, it is shitcoin.

well for me shitcoin is nothing, a useless coin that has a shitty project and will turn to scam soon.

Shitcoins has no standard definition. Its a colloquial for coins with no real or market value due to one or more of these reasons such as; poor team, no minimum value product, zero or little media presence and marketing and bad Tokenomics

the exchange rate fell below the forecast before pre-sale, a product that is not useful at all after the project was launched to the public so that the enthusiasts are quiet the dev who runs away brings money when the project is running and isn't finished, so the project dies in the middle of the road, if anyone wants to add, please.

That is why it is sometimes difficult to determine what it is. If we turn a blind eye to the FA and rely only on TA, then what difference does it make: is it a shitcoin or not?
Technical analysis allows you to make money regardless of whether a quality asset or not is used as a trading tool.

A shit coin to my knowledge is mostly a utility coin which has no real use case or product backing it and this makes the price goes down drastically when it's listed on exchanges. If you invest in such cryptocurrencies you would definitely lose your funds, always invest in good projects which have some relation to real life.

Well many of investors and traders don't want to buy those coins if its not good for long-term it may affect on there investment so many of those coins always continue to decrease.

For me, shitcoins are just pumped and dump coins, they do not have a roadmap, and they copy their whitepaper, they really don't have a platform and if they do, they are just duplicate of an existing project or past project, veteran traders and investors can tell if a coin is a shitcoin.

such coins should not need to exist. because it has a price but does not have development. even for trading volumes sometimes it doesn't exist. lots of coins like that survive in exchange. and there should be regulations governing some assets that do not have trading volumes because they should no longer be registered in exchange.

exchanges will take important roles in this condition.if they see in their coins list there are coins that have less or no volume daily trading we could delisted it.dont worry about their revenue from trading fee, it will replaced by other coins or token.we need to delete this kind of coins so no more investors or trader trapped.

Currently any crypto or any project that its development is mainly centered on trying to replace bitcoin. To me they are shitcoins, such coins that fall in the category of pump and dump. Which is what they are used for. Holding of such coins to a great extent brings in tears most times and whenever they are dumped they  hardly recover

Yes, because coins that are born from projects that have nothing to do with real life are coins that don't have many enthusiasts because they don't have gradual development so the price tends to drop when there are any exchanges, this should really be noticed when we want to join the project.

The best definition of shitcoin is a coin without value. Even if the coins will reach to any exchange but there is no one buying that coins then that is the best example of shitcoin.

Decreasing it's value upon reaching the exchange is not a good idea to call it a shitcoin because there are plenty of project who were able to recover from this kind of scenario. But if the coin will keep on decreasing upon reaching the exchange and until no one is interested to buy it, then that coin is a shitcoin for sure.

For me a shitcoin is just a product with no real developments, most of the time projects often update their investors everyday and after the funding the update just disappear, im holding a coin that literally a entire year with no update with their project, and they didnt even follow the roadmap, their product was suppose to be launched at new year but no it was a lie, but luckily it was just bounty tokens, i kinda feel bad for the investors though.

My definition of shit coins are those coins with absolutely no redemption. Project that issues shit coins have no working products, no strategic or major partnership, no investors, no value to the society, inexperience team members and etc.

Shitcoin is a coin abandoned by the project team which then ends up being useless; that is having no value whatsoever. Even if it's listed on exchange, a time will come when the exchange will delist it. Also, shitcoins can be product of hype or pump and dump; which is one of the reason why investors should make sure they look beyond the hype or the noise and go for what the team is trying to offer; this will reduce the number of shitcoins coming into existence.

Derogatory term use to define coins that have no use case whatsoever except speculative or for pump and dump purposes. These were common during the premine coins since people still trusted anonymous developers back then.

When a well hyped coin is been listed on exchange at a very shitty price and instead of the coin picking up in few days time, still keeps dipping, is called a shitcoin

I will take the later. A project without real life project neither is there a reasonable increase in price is as good as dead. A dead coin is what I consider a shit coin. Any coin with a working product and minimal increase or stability in price still has potential to do more than expected.

In my opinion, shitcoins are coins of no value. In real life, they are coins despite its exchanges, it will not generate or yield any profts hence it is worthless.

Yes a coin with no value and not providing any proof that make it worth in the exchange. Even if it is listed in the exchange and no product this will become useless and worthless. That is why mostly it become delisted in the exchange so let us become be more careful when investing to a coin to avoid lose.

in my opinion shit coin is a coin that has been registered in the market but does not have a high selling value. because they have managed to collect but cannot raise the price of the coin. it was a failure called shit coin.

Right. Shitcoins are those coins who never pump in the long run and so remained to be worthless. We should always make a research first before investing in crypto coins so that we can avoid investing into shitcoins which will not give us profits in the long run.

What you mentioned is one of the definitions of shitcoin. Or maybe it could be called a useless coin and dead coin because the team from the related project is not serious about developing the project.

You see that last part of your statement is the real definition of shitcoins to me, because we all know that there is always a bear market season, and even if a project is continuously declining in price, their working product will still be helping to see some increase sometimes, but a shit project is so redundant, even with the bull run that has been making a lot of projects respond positively.

We have almost 40% of projects that are in the market without a working product  and I wonder why we keep embracing these projects when we already know that they don’t have working products, and there is no way a project that doesn’t have product that will be sold to the world to help them continuously gain value will survive.

In my opinion, shitcoin are coin or token with no further development from developers team. Beside that, daily transaction volume not too sginificant and very low. If want to invest in altcoin, i think better choose from top 200 coinmarketcap

well, I used to think that shitcoin is a coin left by the developer, or no development at all. now there are some coins that I hold, and have such conditions. moreover there is no market or the price is really low and far from the standard price. all this time I think like that.

In my opinion, if the project does not have a roadmap, information about the team is hidden and the coin has low liquidity, then this is enough to call the project shitcoin. The project should have a road map and follow it, hold meetings with the community, be in demand. If you created the coin, which is originally useless, that you have created shitcoin.

For me, I don’t wait till a project enters exchange and have no volume before I know that it will end up being a shitcoins, from their whitepaper and their team, I will already know if the product they are proposing is one that will sell to the world at large and something that people will be eager to hold, and secondly check if their team is going to be up to task, if I don’t have convention about this, I already define them as shitcoins even before they enter exchanges, and I guess that is why people just take advantage of the first initial pump to take profit and dump them because they do not see any bright future with them.

Those that are having an ICO and then listed at the exchanges and that is dumping always, no updates from the developers and no improvements on its project, and it sounds like they are all selling their tokens in order to get more money, this is just my personal opinion of a shitcoin which is normal nowadays and that is everywhere, in fact, almost all of the ICO's last year became a shitcoin.

All you describe is the shitkoins. Is it hard to understand? With the increasing popularity of cryptocurrency on the market, a lot of shitcoins appeared.

My definition is that shitcoin has no product behind, minimum sense and none of liquidity. After wave of hype no one is needed in shitcoin, so stay away from investing in shitcoins!

... i have seen great proyect who were destroyed by the bear market.. just as tombola it was about a crypto casino online. When they finished their ico.. the ether and bitcoin price started to freefalling.. the poyect seemed strong.. even they try to pay monthly to their investor as they promised but the beark market detroy their liquidity.. it was a good proyect but now.. that token is useless...and even they are not paying monthly in ether as they promised in the beggining.  that make them as a failed proyect =  shitcoin.

Everyone decides for himself a shitty coin or not. For someone, that coin on which he has lost a lot of money and does not want to keep it in his purse can become a shitty coin. Another person may consider a shitty coin, which for a long time does not grow in value and stands still.
Everything is relative.

Yes, it is true that everything is relative depending on the perspective we are going through. For me shitcoin is a coin that does not have a clear vision and purpose so that the process of implementing the products owned by the coin is very impossible to do. so don't ever invest in shitcoin and make sure we can avoid harmful coins.

That's why the best thing you can do is assume that all the coins in the market are shitcoin unless and until they prove you otherwise.

Any coin that I invested in and it’s not yielding profit, then it’s a shit coin. There are coins that once you buy them they will start to drop in price and you will not even gain a single profit from them. They are just a waste of time. This has happened to me once and that’s why I’m always careful with altcoins, cause all these new altcoins are the ones that are most likely to turn into shit coin. I’d rather keep on investing in coins that are already well established and more popular than coins that are still new and has no vision and hope.

lots of pesky coins that have sprung up. after all this time we held it and there were no significant developments in the coin project, and finally the coins became worthless. I have some pesky coins, and I leave them

It is liquidity for me, some projects dont worry about it and its very bad, not even price. If 24h volume is <$20k, price can be pumped with like 2-3k:) Big players just can buy and sold the project because it will cause a big volatility and when volume is small, for me that means nobody interested about that project, nobody trade it.

It seems that my coin is worthless. Even these are the the the dead coins. I think it's better to invest in the top coins or coins that are already in the crypto market. Don't waste your time on worthless coins. Focus on investing in a coin that has excellent quality.

where did you got those coins ? if you know that they are worthess then why would you still bought them  .

sh8t coins are already in the crypto market  , they are already listed an they also have a purpose . its only up to you if you will chose the top coins or not   .

the drop of the price is normal . you must wait for some time and see if your coins can recover or not . buying coins isnt also about the profit but we buy coins because of the usage  .

shitcoin is a coin that doesn't have a clear product or usecase,
there are so many shitcoin that don't have a product but have a high price on the market.
and most of us don't care if the coin has a product or not, provided that the price can go up high will be bought.

These are those tokens or projects that have collected softcap and lie on the wallet without listing for years, as in a museum.

A shitcoin is any coin without any real life working product. To me, a continues decrease in coin price does not make the coin shit because price of a coin is mainly determined by the market. Most coins on the market are shit because they don't have any working products. Just market manipulations.

Basically, a shitcoin is a coin which do not have a definitely value or a definitely usage. It is similarly close to a so what we called spamcoins. They call it a shitcoins because it seems to be worthless, simply means nothing, and on the other hand it was called shitcoins because of its lacking marketing strategy for the market to be working on.

They might really not have working project bro, some of the products they present to us are dummy products that they cannot even carry out, those products are even either existing already in the market, wherein that lack the strength to even carry it out.

The success of a project does not really rely on a good exchange alone, although it contributes a lot because of their volume, but a successfully project must have a real life working product that even if they list on small exchanges, end users will still find them to that exchange in other to be a part of the community. So most of these projects that are dying off lacks a real working products.

Currently there are a lot of shitcoin that comes with the product, but if you pay close attention to the products of such projects, there are mostly no users, bad UI and UX. but when the market is recovering, these projects will also update the news more often to get people to pay attention to their projects to push up the price of the project.

Gone are the days when DOGE was able to increase its price because of the popularization of cryptocurrencies. Now the product is important. The price of the coin and its future depends on it.

as long as there are people who trade coins like that, of course prices will also follow growth. but if the coin is abandoned and no one trades the coin, I make sure that no one will get an increase despite the high increase that occurs in the market.

Shitcoin is a coin that comes from an unsuccessful project, that is valueless and worthless, that is just there is in your wallet as a decoration

It is too risky to base everything in cryptocurrency on assumption; there is no way assumption in choosing projects will not bring about picking project randomly. If I assume that every project is good until proven otherwise, then people will starting participating in all manners of projects without research and waiting for them to prove otherwise, which is why most bounty hunter fails.

Bounty hunters chooses projects randomly, participate in and at the end waiting to see which one will pay or not before we can know they are real. It is quite a wrong believe, what we need to do is get the fact about the project very well, before we take any step and not just assume the project is good.

I agree. There are actually a lot of shitcoins out there and there will be no signs of price increase while they have a working products. In my wallet I have a lot of them there where most of them has no prices but I am still hoping they will be having positive surprises in the near future. Exchanges listings sometimes trigger the plummet of the said shitcoin and become no value at all due to massive dump and manipulation.

There are some value on shitcoins, during the last bull run, a lot of shitcoins that pump real hard and reach its ATH, but it did not surprise and suddenly die.
We might see more to come alive this season as it's bull season again, so being smart is really necessary for buyers.
This coin has value but has no future, you might want to dump it right away if you own it.

Definitely, those shitcoins are supposed to be coins who is either doesnt increase or continously decreasing without an assurace of getting in shape. This coins also are not poplular and most of the time is newly launched. This means that the project doesnt become successful or its a scam.

and also they don't update according to their promises. after the pump and dump are finished, it can be ensured that the dev left the average because there is no intention to continue the project to be able to benefit.

in terms of the viewpoint that I have, shitcoin can be said as a coin that is not cared for by DEV, they are only made to collect capital that is not intended to turn a real project into a better token price.
so the coin is left and becomes worthless.

A shitcoin is one that has no significant functions in todays systems.

A coin that is embedded in a platform that has not been improved and upgraded by the developers to fit the continually changing world.

My definitions about shitcoins is a coin that don't have a big price for each or will be nothing. The shitcoin can't make you rich. Because the price or value is very very low and you can't withdraw from the exchanger too if your coin too little.

What is certain is the product, utility, price and development of the project. If everything is difficult to achieve and prices continue to decline even the crypto market experiences growth, of course, that defines shitcoin or dead projects. With that alone, of course you cannot compete with other projects. Because every day of course there are very many projects that have sprung up.

For me Shitcoin is when a coin holds an ICO but there is no further development of their project. it is difficult to offer their coins to the market, when many people hold the coin then they cannot sell that is what is called shitcoin. this year there are a lot of scattered shitcoin and ICO is the most shitcoin maker.

Shitcoin is the coin that has no value in its technologies. It is created mostly to be pumped to get fast money in the shortest time. It is doomed to be dumped and it will surely die.

Shitcoin coins can be so frustrating although some of them later turns out to be a good coin. My own definition is theos coin we invested in and ever thought of seeing them as low as their sales price, but later happens to be 10x low than the price gradually by gradually.

A project that has working product and that coins purpose why it has been created, I don't think it should be called like that(shitcoin) because it has a purpose and real application with a working product. But we have our own definition of what's a shitcoin. Majority will say the same thing and it's a total garbage coin and project that doesn't real life application or plans of being used in some service. I agree that it has no value and was just created for the devs to become rich quick.

Shitcoin is a coin that created with no purposes other than become a sh*t.
No further developments, no proper exchanges, no clear roadmap, no partnership, etc.
It is basically just a coin without usages, not needed by everyone.

throughout 2018 it may be the year most shitcoin is created. where many ico projects cannot develop, do distribution but are not registered in exchange. or some are registered but do not have trade. too much shitcoin, it looks like they have to be cleaned up.

If I am going to tell my friends about shitcoins, it will going to be simple. I will just going to tell them that shitcoin is a coin that is created to scam people out of their business, then they are those coins that don't have a market price that is decent, compared to their ICO price. As simple as that.

1 coin shit, confirmed when its DEV team shit. They just drew a project to sell money, put it on the trading floor and dismissed the responsibility, to let that coin die. And when the minimum amount of coin trading is not qualified, it will be removed from the trading floor by the delist and actually die.

For me, i am always read and see this shitcoin, but actually i do not know what it is all about. I must thank this thread or forum because now i know what is the definition of shitcoin. Shitcoin is the most reason of panic selling. Shitcoin is dumping.

It is a coin that has a really bad product and you're supposed to them right after when it comes out. You wouldn't want to hold this type of coins because it becomes less profitable as time goes by and your efforts on investing are just going to waste.

Shitcoin is a coin with no value. This lack of value comes in as a result of the team abandoning the project, and as such if listed keeps going down till exchanges delist it. While if not listed, remains in the wallet with no hope of going to exchange, thus still no value.

the truth is that makes the price of shitcoin continue to fall and just disappear because devloper always disappoints investors, the roadmap doesn't work perfectly and always makes false promises

I think every coin out there except Bitcoin is a shit coin. In logical terms, altcoin are called shit coins but among these shit coins, we have great coins backed by great projects. Not all the shit coins have low prices. Many of them have great prices and have been profitable ETH being the second in the list of best coins and BNB now on its way to gain fame in time to come.

People are getting confused when thinking about a shitcoin.

Shitcoin doesn't mean to necessarily have any value. In 2017 we saw lots of shitcoin worth a great amount of Money and there is still some tokens has great value but basically a shitcoin..


So in my terms what is shitcoin:


* Projects has no logic behind it. Like Netflix for bankless people. Do they really need that?

* Project Tokens has no real usage. I remember something called paragon, they had a cannabis project and their tokens have no use. I can say even ripple in this, a token has very limited use area and you can even go without using tokens.

* Very bad executed projects tokens. They are making something but it is really crappy and you know no-one would ever want to use that.

* Delayed forever Project tokens. I can say, Polybius. They are delaying for years and we all know they will always delay.

so ethereum, binance coin, ripple and other included shitcoin in your definition? maybe we have different definition about shitcoin.in my opinion this coins that has no important developtment from team , and they didn't serious to developt.it could represent on investors confidence on price.

A shitcoin, to me, is a coin that lacks a use case and is made to simply make the organizers of a project rich. A lot of the bitcoin forks, such as bitcoin cash SV, are shitcoins.

I think it's still worth it, and a lot of shitcoin really have low prices. no progress has occurred on the coin, and the price has dropped dramatically, and no one wants to buy it. I think, there are several types of shitcoin in my wallet.

I'm sure you get the shitcoin from the bounty campaign you are following. I also get some shitcoin that have no trade in exchange, and I get it mostly from bounty and airdrop campaigns.

Altcoins are the shit coins. This is just a term to distinguish them from Bitcoin and this does not mean that altcoins are useless. Majority of them have been gaining pretty good rise in the market value and this is the reason of high demand. ETH and BNB have been highly demanded and this will wake up the market forces to push these coins up. There will be price hike in days to come.

My own definition in shitcoins is they are not profitable they are created to make investments losse so why you choose to go in the projects that offers shitcoins.So go only in the good projects that offers potential coins like Dencoin tokens that now runs a Ico thay you can buy potential coins.

Many mix the meaning of shitcoin to other thing which I think is a baseless knowledge of the market or the crypto community .

They at time call a coin shit when it dump in price as if the uptrend is what market is all about but forget that in every thing , there is always a word and its opposite .

So I see a coin with no reason or actual thing as a shit coin and basically for pump and dump and profit taking and not a coin that has use case and real value just because it dump .

You’re already defining shitcoin. This is a coin where it’s price never increases but it only decreases. It will seem like it has a high value but it only drops everytime. The price never increases but only decreases. It’s like a coin that doesn’t have a product or I don’t even know if we should call it a coin. This is a coin which makes you just lose money and they are not profitable there are so many projects that offer real good profit so don’t be stuck with the investment that offers shitcoin it doesn’t give you money and you even lose one.

Lacking working product considered shitcoin, any people can determine this and shitcoin is always the key of scammed project. Sad to say that they make people work for them for almost 1to 2 month in there bounties but it end with a scammed and distributed shitcoins as well.

-Coin with very low volume(volume numbers are usually fake)
-No development
-Listed on terrible exchanges
-Supply not distributed in a fair manner
-coins with a huge premine
-Anonymous team (not always but usually is a bad sign)
-terrible logo/branding

A shitcoin is primarily determined by the change in its price. A good coin always grows in value and can only fall for a short time. At the shitty coins the price is constantly going down. You can buy it for a dollar, and in a few months it can already cost 1 cent. At the same time, coin developers do nothing to correct the situation.

Shitcoin is a worthless coin, because it is caused by several things, one of which is because their project no longer runs according to the roadmap and causes them to be left behind by investors

I usually describe coin as a shitcoin for several reasons. First of all, any coin that drops by -x3 from the ICO price is obviously not the best altcoin. Secondly, if there are no updates from creators and devs for a long time.

My own definition of shitcoin is pump and dump coins or coins that has no real products backing them ,they have no reason of there existence so it time they fade away bit by bit

Pump and dump also can said about bitcoin as well. This is not the case. Shitcoin has no idea, has no development, has no real team.

Shitcoin is anything that doesn't have value , no use case , no relevance . It is very easy to identify shitcoin Project.They offer 100% bonus during their sale . All these shitcoin flood Crypto Space during the boom period ,late  2017 but nowadays people are becoming wise ..

For me, shit coins are those coins that are only cash equivalents, coins that have no useful properties. It is with such coins that the cryptocurrency market is now cluttered up.

yes, they have no product development and do not have attractive trade. even some of them are not registered in the exchange or they have been discarded from the exchange. making a coin like this is just a waste of our time.

I think shitcoins are coins that have no monetary value at all, that is they are worthless. And this shitcoins are either as a result of exit scam, pump and dump coins or the project team not knowing what actually they are meant to do.
A coins' value is backed by what the team is offering, but when the team offers nothing the coin will have no backing and thus ends up worthless or as a shitcoin.

There is no coin, which can actually be concluded as shitcoin to be very much honest.
It's the people who gives the coin this name, due to the movement of the price of the coin.
Moreover if you want to know why they call it so? Then you need to do a lot of research.
Moreover the only definition you need to know is that, It's a coin which has less market cap and the coin whose price is too down.

In my opinion, what defines a shitcoin is not the continuous decrease in price (because that might be caused by the market conditions) but the absence of a real product or service rendered. A project without a real product or service is destined to fail because it is the product that will command demand for the project tokens or coins and without it I don't see why investors traders or Holders would want to buy such project.

I believe that the Altcons should be assigned a ranking classification. For example, Altcoins of rank 5 are those coins that do not have liquidity and came under removal from stock exchanges.

Useless coins that disappoint a lot of investments that investors put in the project,so at the end it ends up with nothing so invest only in good project like Dencoin tokens and i can say this altcoins will rise in the future so take advantage at this moment because you can have bonuses in the ongoing ico of this project.

I think most of the shit coins occur as a result of too much hype in the project with little or no product usage. This normally lead to low demand of the coins and those who notice this on time will have no choice than to dump before it gets more lower. Some time project put up lots of attractive features with having them in their schedule just to draw the attention of potential investors who knows the value of product usage that's it always advisable to do lots of research before taking decision.

Project doesn't have any development progress and low quality design of website, every post only talking about sale is live and don't miss the chance become early investor, another one is always mentioned project already listed on shit exchange, their community group never answer member question, most of them will become useless coin and we must sold it as soon as possible.

My own definition for shitcoin is it is a coin that many invested on it in a particular price, then suddenly after listing the price is very low and is continuing to slip down as it is decreasing and decreasing and no shifting into increasing its price.

Because their purpose is only to use the market without prioritizing the concepts they have offered. so that there will be no market development again when it has indeed benefited from the pump or dump

The website design to me is irrelevant, because many scam projects create nice websites to lure unsuspecting dupes. In fact creating impressive websites is among the key modus operandi of scammers in this industry.

I think, shitcoin is coin with no real project and can not deliver their road map. Most of this shitcoin dont have good daily transaction volume and mostly dont give update about the project because the project itself is not real

In simple terms, a shit coin is any pump and dump coin with low or no trading volume on the market and without any real world usage

First of all, I always determine the public interest in a particular product, and then it will be possible to talk about the prospects of my choice.  Today, many projects fail, but nevertheless there are those that will show good results in a certain future.

Shitcoins are basically cryptocurrencies  with no specific working products or aims and missions in bridging specific gaps in the entire crypto ecosystem. Such coins have no value and are in the crypto market just to scam people off their money. Any cryptocurrency with no specific purpose in improving the financial ecosystem of the entire world is a shitcoin.  

The real definition of shitcoin is any coin that has been abandoned by the developers, no updates on the coin, no future, no product, no use case, very poor volume, delayed on many exchanges. So beware of coins you buy, do not buy coins just because price is low or total supply is too much making it look cheap.

A shitcoin in my opinion is any cryptocurrency that is either created by a scam team, or is generated from a legit project but without any concrete use case, utility, need, and will most likely not see any form of adoption except for being used by day traders due to its volatility.
Shitcoins accounts for the larger percentage of the cryptocurrencies we have today and the rate at which more is been created is alarming.

Any coin/token that has no use case or is not fully decentralized.  Things like TRX and XRP are just hype- looking through the smokescreen you can see that they are just shiny-shitcoins

Shitcoins is a coin which is not considered as a valuable coins. Because it was a coin that don't have any applicable value to be used on. Its clearly define as a coin without any usage on to market and just simply relating into a scamcoins.And if you want to have a good coin then try this Dencoin tokens.

My definition of shitcoin is any coin that has no value. It has no use case in the crypto market. Shit coin may waste your time and resources because its not fully decentralized.

Is shitcoin the same as scamcoin? If so then I say that any coin that is a scam is a shit coin.

Shitcoin currently cannot provide benefits when we hold long-term holdings. this is only fomo when they do the listing and after that there is no increase. the team itself will usually also leave the projeck.

Mostly listed at LATOKEN and there's no other option to be traded.
I have witnessed many ICO who went listed at LATOKEN and left it there.
They have no value now!

Shitcoin is the coin that has no volume, no whitepaper, anonymous team behind the project,etc. Scam coins are created for scamming the investors but shitcoins sit in the wallet for nothing in the return on the investment. I prefer every shitcoin than any scam coin.

For me, a shitcoin is a project, that uses blockchain when it doesn't need one. A project that can be using BTC or ETH for payments on its platform, but instead is going for creating a useless coin or token - a shitcoin. There are very few start-ups that need this.

Shit coin is coin that which has been abandoned by dev and there is no progress on the roadmap, were a lot of ICOs last year that the team was without development and no updates both on social media and website

yeah OK, shitcoin is altcoin with have unexpected like drop with ICO price so far more than 60%.
we can called it unused token because we can't sell it and no one wan't to buy this token.
i have so much shitcoin and i am tired now waiting the good growth or some good info from dev.
we just have some hope.

Short selling the shit coin is only exit from trap and there are no other way around. Unfortunately, I have invested in the shitcoins and I get rekt by these decisions.

I would have to agree 100% with you. Unfortunately I possess quite a few shit and scam coins. :(


Happens to me too all the time. Usually if something is too good to be true, then it really is.

It is actually only a dead coin, a coin that has no value because many peoples sold the coin.
They sold it because nothing happening in the project, the devs may already left the project and scammed investors.

I completely agree.  Shitkoins without a product, this is the first thing that produces them.  Then they usually have few users, especially those who are recently on the market.

yes, i agree with your words about shitcoins my friend, a coins that only shit in the wallet with no value always called shitcons
and i hope some day i can sell all my shitcoins in my wallet buddy, because i have few shitcoins in my wallet now

IMO, a shitcoin is a cryptocurrency which doesn't have anything unique to offer. In short, it is a copycat and was created by an individual or a group of individuals for their own profit. Such shitcoins may undergo one or more cycles of pump-and-dump, and anyone who is unfortunate enough to hold them after the dump will face huge losses.

I think that this coin is determined by the organizers of the project. They themselves develop a low-functional currency with the only ability - speculation.

Even shit coins price can increasing sometimes, with the power of pump and dump groups.  ;D
From my opinion, shitcoin is a coin that has no function. No function = no demands, no demands = no value.
if the coin has real working products, then it is not shitcoin, although the price of the coin maybe low.

A shitcoin is a copycat with no further innovation/improvement done to set it apart from the original.
A cash grab for the developers.

I think there are more shit tokens in eth now compared to shitcoins which have their own separate blockchain.

For me my definition of shitcoin is a coins wich has no value, in short shitcoins are literaly a useless coins with no usage. To avoid this coin, you musy only be in an alts that can give you a good profits in return so basically it is he dencoin token. We also have to be aware of this kind of shitcoin because it is usual way using as a scam coin tje market.

I think a shit coin project is a non-transparent project in their project. If there's nothing wrong, they won't need to hide it

Something like what you define is what shitcoins for me. There are also instances that I may call a coin shit when it does not grow for more than a year after listing or worse die.

hello mate! for me the definition of shit is both a continous price decrese after listing in a certain market or not listed in any market at all and lacking or without a specific real life working products or services to improve people's daily lives. they are actually used by scammers to gain a lot of profit and run. cheers!

Shitcoin definition is a very wide concept, a shitcoin are coins that does not give anything in returns to the miners, holders and traders, they are not able to recover any funds invested into getting the coin and there is no future chances of earning returns on its investments.

It can be said if shitcoin is an altcoins when their project is poor or their roadmap and I'm sure that when you invest in them your losses will be great so be careful of selecting altcoins that you just want to buy because there are altcoins shitcoin The forum is widespread.

The most basic thing that indicates that the coin is a shitcoin is if it is not represented on the exchange or has a low trading volume. This means that it has no interest in terms of technology, and has no community support, which is tantamount to death.

Any project where investors losses their investment can be considered a shitcoin, apart could looks good in paper but id it lacks support coming from the community and there's no volume then it can be considered as shitcoin, investors and users want profit and usability if these two lacks in any project then it is a shitcoin.

Can there really be a debate on what is shitcoin? I think everyone understands the meaning of this word correctly. Unnecessary rubbish that costs nothing, with no prospects for growth

Shit coins really do that even there's already chance to grow but there's no progress or appeal to investor it will just die naturally after
some months inside the exchange, you don't have anything to expect than to lose your invested money.

yeah a shitcoins is a coins with no value and no active developments
this coin just stand on our wallet without value
so, this coins have no chance to be huge soon or later

Shitcoin is a cryptocurrency without any active development and is not listed on any exchanges or traded close to x0.01 to it's initial price on ICO/IEO.

I think you are wrong. Now there are a lot of shitkoins who are even in the top 200. Any project can be such a coin.

in my opinion shit coin is a coin whose price never rises but continues to decline and never keeps its promise (progress of the project is not in accordance with the roadmap or very slow), so the coin will become a shit coin because there are no more investors who will trust it and of course the coin will die (has no volume and price).

One of the signs of a shitcoin (project) will be the appearance of expensive machines in developers soon after the ICO. Read the history of the project HOQU is an example of crappy project.

sometimes those who do their tokens are not registered in exchange. we must clearly see the support of their community and developers. if you don't want to invest in shitcoin wrongly.

Shitcoin in my opinion is a coin that comes from a project that aims only to deceive investors. after much profit they will run away with a lot of money without leaving a trace. in my opinion this is shitcoin + shitteam,I think.

not really, those who have products from their platform, and their tokens that have been registered to exchange can also be called shitcoin. if their tokens do not have enthusiasts or do not have trade transactions.

From my point of view, it all starts with hype. A very good project with thousands of members, everywhere on social media you will see how good this project is, i.e. unbeatable. We were explained about how we lose the opportunity if we don't buy within the ICO or IEO period. Waiting for good exchanges for months and then coin drops more than 50% on its first listing.
This again we consider as an opportunity to invest more with fewer funds, as per a few so-called HODL members and still after 6-7 months the price is more than 50% or more down.
This is a shit coin for me.

well personally, I don't like using that term shitcoin because it makes me look unprofessional. But not that I don't understand what they are trying to say by that word. It simply means a coin without value or that will not give any value. I decide to address it with that than using the word shitcoin

Bitcoin will never hit $1M b/c it doesn't have the right economic nor developer infrastructure that is required to hit that kinda of valuation.

The Bitcoin protocol is 'stuck' in ideology. A 1st gen of the past. No tech in history has ever hit mainstream w/ that type of design.

Dash is in front in many aspects, but the volume is too low yet. When people start to realize $dash as the best alternative we will skyrocket from 0.018btc to 0.1 in few weeks. DASH is Digital Cash!

https://twitter.com/JesusCrypto33/status/1138478543619407872
 ::)

Everyone has a right to their own opinion but most people on this forum believe the only coin that is needed is Bitcoin. Lightning network is yet to take off and it is unclear whether that will really help with the scaling issue or not.

Shitcoin is a coin that has an unpredictable future. That is, at the moment it is very small price and it has no project. But in the future it may appear. Shitcoins is therefore ambiguous.

Shitcoins are pump and dump coins they do have an actual product but it's only a duplicate of an already existing product or platform, I have seen so many shitcoins  in the market that failed to generate support from the community because their platform is not new in the market and only targeted a small and specific group in one industry.

What are you talking about?
I did not ask for your advice on this subject. The more that they have nothing to do with my message!

I am holding because I saw a lot of times when dead or weak shitcoins in some moment raise to the moon! thats my hoping to have great profit!

Very many now become shitcoin, I'm sure they don't develop projects. Therefore there is no request. With that sooner or later there will always be more shitcoin that is now available. All of us here know every day as long as there is a new coin / token and if we cannot compete, we will certainly die and become shitcoin.

Maybe in general, all humans know that if work is really more profitable because it is in accordance with trade procedures, but if it is skilled in working with dirty things it is more natural to be propelled according to the desires of people who are really smart in the field of merchandise, because the definition is that we who will choose the game for the price still will not go down

I define shitcoin only in the team. the team cannot pump coins into good prices and coins sink at low prices and coins do not show a steady increase.
usually the coin is left by the team when the team gets a large profit from the sale and they are not responsible for that.

I think the price is not determined by the smart ones,But the total value of goods and services and demand and supply.It is also called inflation and deflation,The larger the demand for goods, the higher the price value and the reverse is true, ie, the lower ;D

Regardless of your explanation,I don't think this can be called shitcoin.  So can you say Bitcoin is a shitcoin too since from 2017 it goes down in value after peaking to 20k USD.  Lots of whales and pioneers dumped their Bitcoin to gain profit.  Ethereum too lost 90% pf its value.  And almost all cryptocurrency do lost their value.  The only thing that separate  good coin from shitcoin is its real life products and  use case.  If you omit that as deciding factor to be a good coin then all in cryptocurrency industry is shitcoin.