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Author Topic: What is your definition of shitcoin?  (Read 1918 times)
_bitmike
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June 04, 2019, 11:05:24 PM
 #221

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
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June 06, 2019, 03:18:40 PM
 #222

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.
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June 09, 2019, 04:59:59 PM
 #223

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.

I’m me
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June 09, 2019, 05:04:46 PM
 #224

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


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June 09, 2019, 05:11:31 PM
 #225

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.
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June 09, 2019, 05:13:29 PM
 #226

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!


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June 09, 2019, 05:13:43 PM
 #227

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

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June 09, 2019, 05:51:20 PM
 #228

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.
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June 09, 2019, 06:05:45 PM
 #229

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?
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
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June 09, 2019, 06:06:17 PM
 #230

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.
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June 09, 2019, 06:21:28 PM
 #231

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.
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June 09, 2019, 06:25:21 PM
 #232

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

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

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.

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


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June 10, 2019, 06:46:43 AM
 #233

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?

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.

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June 10, 2019, 01:37:48 PM
 #234

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.
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June 10, 2019, 01:42:11 PM
 #235

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

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

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June 10, 2019, 02:22:59 PM
 #236

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.

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June 10, 2019, 07:25:45 PM
 #237

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.
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June 11, 2019, 06:56:35 AM
 #238

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?

Even shit coins price can increasing sometimes, with the power of pump and dump groups.  Grin
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.

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June 11, 2019, 07:00:38 AM
 #239

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?

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.
Claude46
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June 11, 2019, 08:15:26 AM
 #240

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.
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