can shit coin be the best coin if the project and product is real ?

[masterrex]

Branding like so called shitcoin in advance is a kind of pre judging, Without consideration But as you mentioned that" IF the project has a real and useful product can be the best coin, for me its highly possible since if your project has a real use case the token demand will increased and also the price. Thats why Branding the low priced coins/tokens like "shitcoins" is not useful lets give them a chance as long as its authentic and honest project.

[FanEagle]

It depends on how much funding they got from the ICO. I mean if they have enough money to actually build the project they always wanted to build and hire the people that would make it a reality and then they can do it.

For example, an ICO gets funded for 50 million dollars, you may think that is a lot of money and to you and me that is a lot but if you hire a coder for 200 thousand dollars a year which is a bit veteran but not the best salary out there (50-60 for intern-junior levels, 120 for sr levels and 200k for experts, 500k+ for CTO level people) and that is in highest paying place silicon valley.

So, lets assume you are there and you have a salary total of 5 million dollars a year, you will have trouble paying them all considering legal costs and business costs and taxes and rents etc etc come to play as well. But if you can make it work somewhere else and hire the best people and continue on your path then yeah you can make it back to over ICO prices of course.

[roadster213]

SEQUENCE (SEQ) comes to mind. Super crazy active development that I have seen first hand, yet price drops. Thankfully it has stabilized and they are now gearing towards finally marketing the coin. I expect it to go 10x maybe even 100x from the current prices and even at 100x it STILL won't be as valuable as it was last year. Only listed on Bittrex though, does that make it a shitcoin?

[chocopapaya]

It depends on a lot of factors.
Mainly, the utility and liquidity of the coin.
There are actually a lot of projects out there that have their own economic cycle.
So even if the price of the coin is low on an exchange, its use and volume in the system keeps the project going.
Crowdholding is a good example of this.
It has its own token economy set up and has been growing and doing great even though the token is only on IDEX and worth almost nothing.
Projects like this will eventually hit a breaking point where there is enough use and support that it goes mainstream.
AFter that, value on the coin will naturally rise.
In my mind, these types of projects are worth investing in way more than just speculative ones.

[10BTCaDay]

if the project continues to work despite the fact that the coin will lose its value, then in the future its price, of course, will change

[ahmed04]

You can be sure that you will not make a mistake if you buy shitcoin which has a product. This coin is much stronger than many popular cryptocurrencies. If you analyze the market and choose projects with the product, you can get a very good profit.

[Aryleeto]

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?

Well, first of all, I do not know people who invest in ico , I invest in ieo and those projects that appear there give very good money , it is better to avoid ico , earnings have long passed on ico

[installer]

I cannot invest in a coin which do not have at least an MVP, because I am pretty sick of projects that want to collect 70+ million USD by having only a whitepaper that contains 10 pages. Always select projects that have a working product and you won't lose money.

[Tylev]

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?

If the project develops and the finished product works, then even if the coin or token falls in price, they cannot be considered as crap. There can be many reasons for the fall in prices for cryptocurrency, including the general poor state of the cryptocurrency market. Now the price of cryptocurrency depends on the price of bitcoin. Until now, many coins and tokens are weakly rising and the price after the bitcoin price fell last year. So why blame these cryptocurrency projects for this?

[Vinalians]

Actually, there are so many coins in the market that don't have any purpose or any products nor services that they should provide to the crypto world. They still have a value but it doesn't mean that they will grow in the future because if your project doesn't have product or service then for sure you'll get bankrupt you know that.
Products and services help the project to grow more and not just the coin or token. shit coins have value but it cannot be the best I guess.

[bttmember]

Yes, you just never know, this market is highly volatile and it can make or break you, i already have regrets about missing out on a project called countinghousefund where an ico investment of 10eth reached 150 eth when eth was sinking and even now it is trading at 20 to 30 eth if we compare it with 10 eth ico investment, while most people including me was skeptical about such a project but we saw it produced massive resturns and results for investors and hodlers.

[Aniwura]

Anything can be real about a project; talk of the team, the product and many more, but how useful is the product most especially. Also, a product can be very useful, but there might not be enough marketing to bring about more as awareness to the general public. Also, how active and vast is the community?

[JuliaJi]

I have a lot of examples that every coin could be in top, expecialy if project have good and working project! Also every day we see new and new growing coins and altcoins

[Eddyc]

Of course, the project has to be real and useful for humanity, the project has to have true and consolidated roots so that the investor or sympathizer has confidence in the product or asset that is investing. We must not forget about marketing and community.

[romanij]

Coins that have a product is much more reliable although the price of some coins is very small. But this does not mean that the project is not developing. Very often it is imperceptible. And we begin to understand this when the price of a coin rises exponentially.

[AltcoinsBattle]

Even if there is a product that is used, it does not mean that the price will increase in the near future. We need mass adoption of cryptocurrency in general and the product in question in particular. Until this happens, the increase in the price of the asset does not reflect its true value; this is just a market speculations.

[cytpoway121]

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?

A shit coin cannot be a great project
But it can be of good values to hodlers if it moons beyond imagination and provide real values

Avoid shit projects and find out about deflationary tokens, real product tokens amongst others

[roosbit]

If the project or product is shit, then the whole ecosystem of this project is shit which includes its token(coin)!

This basically works on the concept of two wrongs don't make it right and this remains to be the case.

Coins that have a product is much more reliable although the price of some coins is very small. But this does not mean that the project is not developing. Very often it is imperceptible. And we begin to understand this when the price of a coin rises exponentially.

Honestly I don't believe in your theory because coin performance is the reflection of the project/product. If project is so good it should have no problem of getting investor support as these guys are not short sighted, they pretty much understand this ecosystem could be a long term arrangement and aren't petty about volatility.

[KlepZ]

If their project is successful I am sure that the price of the project coin will increase and increase greatly depending on the popularity and use of the project.

I agree with you.  it would be even better if the Project developers were more active in their products would be even better especially at the price of shit coin.  we don't know what will happen in the future.  but I believe bad coins will someday be useful in the future

[seleme]

as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?

Noone chooses the project just because of increased prices and it is not rocket science to make an investment decision with gained experience. Shitcoins are shitcoins and no prediction will be a reality if the ever real working product they gonna release.