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Author Topic: What is your definition of shitcoin?  (Read 1916 times)
santouao
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May 12, 2019, 02:47:59 PM
 #61

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.

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BitcoinCazh
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May 12, 2019, 02:48:16 PM
 #62

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
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May 12, 2019, 02:50:57 PM
 #63

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.
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May 12, 2019, 02:54:06 PM
 #64

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.
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May 12, 2019, 03:04:12 PM
 #65

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.

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.

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May 12, 2019, 03:04:54 PM
 #66

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.

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May 12, 2019, 03:14:22 PM
 #67

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.

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.
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.

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May 12, 2019, 03:17:23 PM
 #68

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
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.

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May 12, 2019, 03:17:54 PM
 #69

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.
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
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May 12, 2019, 03:21:32 PM
 #70

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.

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semobo
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May 12, 2019, 03:26:43 PM
 #71

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.
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.
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.
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May 12, 2019, 04:05:38 PM
 #72

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.
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May 12, 2019, 04:10:04 PM
 #73

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.

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May 12, 2019, 05:40:04 PM
 #74

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


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May 12, 2019, 05:46:28 PM
 #75

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

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May 12, 2019, 05:59:27 PM
 #76

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.
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May 12, 2019, 06:24:00 PM
 #77

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 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.

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May 12, 2019, 06:31:43 PM
 #78

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 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.

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May 12, 2019, 07:32:14 PM
 #79

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.

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May 12, 2019, 07:51:04 PM
 #80

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.

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