Shit Dev not shit coin

[Mighty_crypt]

Many new projects have brilliant ideas implemented into them but since the developers and teams can't lead the project well it ends up a shit project, the problems and faults of every projects is surely from devs and teams, no  matter how promising the project might appear to be only the teams work will decide

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[ryzaadit]

Well, to be honest, I would agree if you change to the shit token.

Creating a token more easily than creating a coin, some of the projects only doing copy-paste for the code and distribute the token with using an airdrop. Then try to make a hype to sell his own token, In the past years, i found a lot project but the team background as "BountyHunter" creating an ICO/Token they conduct an ico with only 600-1000 ETH. Paying a shit exchange to with low due diligence to make his own token can be tradeable on an exchange, only need 4-6 month they all disappear with making chaos on that project/price.

[livingfree]

One point and you are correct.

But there were some other altcoins that doesn't even use a real name and picture of their developers. And figuring them out is out of this world, there's no way to detect them unless someone inside the team will leak their information and inform the community on what kind of developers they are.

On the other hand, if you already know the developer and you know the bad history of them, simply don't invest to their project.

[cryptofirm]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

crypto is about a digital product
thats why people focused to talk about shitcoins rather than shit dev buddy
as you know bitcoin is more famous than satoshi right ?

[Danslip]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

It is your subjective opinion, there are many professional developers in the crypto industry, the successful project teams also hire these professionals in order to make a better job. If there is no vision on the project, blaming the developers will not solve the shitcoin trouble in the ecosystem.  The developers don't want to see low prices on the market if they also hold the tokens as a replacement of their monthly salary. Who will want to see a down portfolio with contains the coins of the project you work as an employee?

[Bes19]

In my own opinion, a token become shitty when the developer abandon it or when it become useless. The problem is almost all the projects has the same platform or most of them copied their platform from other projects. There is no uniqueness and originality that's why people don't entertain it.

[Mysteryla]

There are developers who have developed more than one coin and they keep developing with the intent of raising fund and closing down the project to open another. One of the most effective ways of curtailing this is to ensure that reputable projects from reputable people should only be invested in.

[rodel caling]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

Definitely your correct and I agree because the if the developers are shit of course the project are also shit lack of support and improvements how the project coins become successful. Without shit developers nothing shit coins in the list into coin market cap.

[Kemarit]

i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

You can obviously do that, but it's going to be cyclical though, and you may have pile of names that nobody cares. But then again, the market is overly saturated with ideas that get repeated all over again. That's why there are a lot of shit projects of today because if you are going to look closely, there are no fundamentals behind that project. Just another regular developers who just thinks of scamming investors or listing their tokens on another shit exchanges and then abandon the projects and this goes over and over again. So what we can do is just stop investing on this kind of project so that they will just die down.

[Iyeman]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

Even some kids have tried to create icos in the past. This time so many amateurs even with zero knowledge only wanna rent someone to create ico and then that will be increasing the list of the crap project and shitcoin.
But how to identify the dev is a difficult part in this case because these amateurs use fake identity and history to fool the investors. Even they are faking their skill

[ariyzt]

yeah many new developer that not even know about cryptocurrency and blockchain well. But they know how to make money fast, they using their popularity to attract newbie investor. Sadly there is no ruler or law to ban this kind of developer

[tsaroz]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

There comes the difficulty. Crypto could be anonymous and most developers prefer not to reveal their identity and most of the scam exchanges uses a fake identity, pictures from the internet and random names. It's actually really easy to identify most scams. If you do that along with ditching the coins with anonymous team and listing the team members and advisers of scams and blacklisting them would prevent us from getting easily scammed.

[fortunecrypto]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

Some of them are with fake profiles or hiding and using from profiles they hire from Fiverr or Facebook, some of them do have an account on Linkedin but there's no guaranty that these are really people, because you can put any kind of skills and they will not verify if you are that experts or you have that kind of position.

[btc_angela]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

Spot on. There are many shady people behind raising a coin that's why it's also important to expose them so that they can't create another shit coins and then deceived the investors again.

But the problem is that people are still not DYOR, that's why those shit developers still continue their fraud and malpractice by running shitty coins around and investors gullible enough to shell out their money. Don't patronised them so that they will just be silent and stop what they are doing.

[Vishnu.Reang]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

How is this going to be of any use for the ordinary cryptocurrency users? Cryptocurrencies developed by shit developers will obviously be shitcoins. There is no point in differentiating between these two. The only way to avoid shitcoins is to avoid in investing in any currency, whose development is not over. Many of the existing projects have only an idea, but they will be having very elaborate future plans. Avoid this type of coins.

[DeepChipolino]

but they are the same thing. a shit developer creates a shitcoin.

and the problem is not either of them in my opinion. the problem is the community investing in these shitty projects. if you and i don't buy into the ICO scams, garbage altcoins, fork coins, bitcoin copies, centralized altcions,... then these shitcoins die in their first day instead of staying around for years filling the market with garbage.

You, as always, reason correctly. However...
It is known that people seek profit. No matter what kind of tool it is, it is important that you can make money on it. If the investor realizes that this particular asset can be pumped after the purchase, he buys. No crypto-ideologies, only business. And money, as you know, does not smell.
So, question: will we buy into a new promising altcoin?.. And when there is the next wave of newcomers, it will be clean fuel for all this shit.

i agree. that is unfortunately correct. people's greed always controls this market. that is why we have so many over hyped and over pumped shitcoins among the top 10 altcoins at the moment even though they are purely garbage projects.
i still haven't lost faith in the market though. i believe that if some day finally we see even 1 good altcoin it will grow easily and without big drops.

Well this is unlikely. Even the real assets of stock market companies are almost never equal to the fundamental value. The stock market is not optimal.
Of course, the cryptocurrency market is even less optimal. Therefore, any asset in this market is overbought or resold with a high probability. And this is not bad, since the market price always fluctuates around the fundamental value. Thus, we can easily determine where the price will go in the future. We just need to be able to choose the most real projects from a huge pile of shit.

[FelippeHeinz]

Many of these anonymous devs are either scammers or incompetent. We need more efficient ways to identify these "shit devs".

[aioc]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

Products and owners are all the same, and sometimes these developers are anonymous and hiding behind the photoshopped images or profiles they steal from the internet.
But I do like your idea but people will still ask the name of the coin that developers created, because it's easy for us to recall the name of the coin than the developer, as much as it is easy for you to recall the name Nike, than who manage the company.

[Leonardo7]

A good developer can be hired to build a project, may not be aware of the final intention of the project team. In the end, the project turns shitty, the developers may not have control over the future since they were only hired. Simply put: Unscrupulous team will always birth shitty coin.

[bitgolden]

A lot of alarm has been raised on shit coins which have become a concern to many in the crypto sphere, but i feel our attention should be on the shit developer rather talk about the shit coins. The reason why we have shit coins all over is because the number of shit developers has increased to the maximum, i guess it is time to begin to publish the names of shit developers on the forum in order to do some justice to the crypto sphere.

Well, when you see a shit coin, you already see a shit developer because I believe that no good developer would ever allow their project to be turned to shit as they have the strategy to use to sustain the project, when binance started, people would have turned their project to shit, but because they have the right strategy, we could see exactly how great they became, you can even see the example of how they were able to manage their hacking issue which would have made them crumble till date just like cryptopia did, but they handle everything based on the strategy that they have.

A developer with good skill and strategy on the project is what we need to be watching out for, these are the things that has been sustaining all those coins you see in the top market.