Shit Dev not shit coin

[ven7net]

I think it's worth talking about the developers of bad coins. The fact is why the appearance of bad coins and scam projects? The thing is that they understand that they almost never talk about them and no one will know who these developers are and how many bad coins they have already created. Based on this, they feel impunity and do their bad deeds. But if you start talking more about them more often, then there is a high probability that no one will come to them and will not buy their bad coins.

[Wyndesam]

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.

Now a bad team is unlikely to be able to raise even more money, since ico can not collect much, and it is very difficult to enter the ieo market you need to be a top developer.

[samcrypto]

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.

Success must come first from the team having a good mindset of course. That’s true if the team abandon the project then its useless and no future at all this is why having a good member on a team is a must, those who can bring the team to the top. Shitcoins despite of having a good team is just a result of no interest from the public, that’s common.

[cytpoway121]

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.

Shit developers also create an account on the forum; thus they can create new accounts over and over
Shit dev is always equal to shit coin

So always dyor; focus on the basics and invest as you choose

[key4co.in]

By "shit developers" I presume you mean developers who are inexperienced, who do not care about project development, who misuse funds, who do not follow roadmap, who have no plans to add value to their coins etc. Well, it's true that most projects fail because of such "shit developers" but publishing names on this forum as suggested doesn't curb the issue. Do you know that some developers are impostors with fake profiles? So you might publish a false profile on this forum if we go by your suggestion, just saying.  

[poodle63]

Most of the time these shitcoins are published by anonymous developers even if they are showing themselves in the forum they just hide behind their username. Calling them out and make a hall of shame for all these developers is simply a waste of time considering that they could make another account with different name. Well if the developers happen to reveal themselves in their project's website that's worth a try I guess.

[pixie85]

The telegram is full of crypto groups that follow new projects and take them apart right up to the cog. Here's a good example: the crooks behind the Crypterium project have now created the GramEx exchange. As for me, in mobile messengers more convenient to follow such news than to go to the forum.

It's the same people jumping from one project to another. It's normal in this space because they don't have to face any consequences when their project fails. People should learn to check new projects and teams and weed out dev teams made of scammers.

Only the market and the community can verify an altcoin now. You can't expect the police or the SEC to do it for you.

[Chuky92]

A coin answers the name of the developers or team or in a more better way, a coin is synonymous to its creators (developers); so if a coin is a shit coin it means the team is inexperienced and lacks knowledge. However, from a little research it has been shown that most of these developers goes as far as stealing people's details which they use, thereby calling them out won't have a huge effect as they will also create another to scam investors and users. I think the best way to stay safe in crypto investing is by following every project closely, read their whitepaper and ask provocative questions just to stir up their reactions, in most cases they will either ignore or ban the user or investor thus giving the investor the right answer he needs.
 

[AmoreJaz]

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.

noobs and naive users will always buy those shitty coins or maybe even old timers so they can get fast cash.
 a lot are not considering the devs' intentions as long as they can get profit in short term basis. and that's a fact!
And why those crap projects are in continuous proliferation because they can always get their audience.

[dongosquad]

I don't think such a conclusion can be drawn. The market is not conducive, so many unexpected things happen, for example, tokens or coins whose prices are difficult to rise. It could be that the development team is people who are experienced or at least competent in their fields, but tokens or coins join in the market at a time that is less profitable then it becomes less valuable.

[crzy]

The developer created shitcoins at the first place, they worked to be a shitdeveloper because of not being competitve. If the project dies you have to look for other projects that can give a chance for you to earn. Shit projects doesn’t deserve your precious time.

[taufik123]

shit developers have gotten more and more profit from each coin they make and then leave it. shit developer plays on ICO, which makes ICO less desirable. I once invested in coins that looked good and could be profitable, but the developer cheated all investors by not listing coins on the exchange and then just leaving them.

[Finestream]

We know that's the essence because coin will not be created without a dev, so it should be the dev that will be blame in case the coin failed.
However, when it's already in trading exchanges, it will be traded by the name of the coin, not a name of the developers, so people call it based on its name which is easy to remember.

I hope you understand that, you can't call it dev coin, but call it by the name of the coin which could be a good coin or a shitty coin.

[mr_random]

The incubator hub treatment is the main critical point of why new projects appear without the real working product. The developers go to make a clone of the old projects in order to collect more funds in the token sales. The IEO model saves the majority of the traders, investors should appreciate the job of the exchanges which eliminate the useless projects from this opportunity. Inexperienced developers just sit on the desk and they wait for the deadline of the duties. If there is no passion thinking about the fate of the project looks like a big nightmare for me. If the team hires the developers without explaining the perception of the project's roadmap, the developers will never care about the investors and project from my experience. Without a solid vision, the ambiguity will stay there for a long time.

[traderethereum]

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.

I think if you want to publish the name of the developers, it is a bit too late because I believe they were already leaving the crypto sphere and now they are enjoying the money they have got from the investor.
It is difficult to track them because we don't know where they live.
They could give a false address on the website, and I am sure that it will be easy to do.
We don't know who they are, although they give their name on the website, and with some pictures of each team, we still don't know if they are true or not.
But there is not too late in publishing which they are, and I think that will help members here to identify them.
They don't serious with the project because of their reason to join in the cryptocurrency is because of the trend of making money from cryptocurrency itself.

[efxtrader]

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.

Agree, coins can be made by anyone but bad intentions from the developer team that makes a coin into shitcoin. Without making a project that can produce a product, they can fool many people with large amounts of money and they should be jailed

[btc-facebook]

I also agree with you, the shit dev and also the shit team must be made history books, so that we are not fooled twice
no matter which social media is still active or the account that has a linkedin is sometimes still a scam, an example of a project recently rumored to be a scam is miracle tele, I didn't follow the bounty but I had heard and updated the news, and it was really sad,

[The Cryptologist]

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.

I don't think we should do that because some of the projects I know are where the CEO/COO just hire devs to create or work on the project. If they were shit devs then I don't think there wouldn't be investors at all because it will be seen as obvious scam from the  start. And some shitcoins was a result of either a failed project or an exit scam.

[yesyes18]

I don't necessarily blame the devs. Some actually tried to do their best to keep their projects alive but the space was full of get rich quick millennial so they had no patience to wait for projects to mature. Actually, what I have observed in crypto is that investors do kill projects at a faster rate more than the devs/owners.

[wattcrypto]

that's an interesting way to look at it. I mean I wouldn't say all devs are terrible. Some just like to build things to build. I feel like some projects have just been one offs to test something