💩 We are now in the “shitcoin” season? 💩

[Duncan.Idaho]

BSV flippened BCH today
Dash nearly flips XMR

it's happening ... We are now in the “shitcoin” season 💩



https://twitter.com/eyeone/status/1217113801939718145


💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩
IT HAS BEGUN

[novaprime]

This is the problem why most of us can see a declining market and couldn't help the market grow even further. That is because we are mostly focused on waiting for the season, that we, are also the one creating. If no one initiates the hype about this, they didn't buy and sell, and stays inactive which in fact, we didn't care about the true value of cryptocurrencies.

What is a better way to do is to make use of cryptocurrencies without considering to buy or sell in a particular season, see the value of crypto and use it wisely.

Everyone will have different thoughts when talking about this and there are thousands of coins available in this market but only a few hundred coins are really good for you to consider investing. Today the market has had a very good price increase but most only coins in top 50 can achieve high prices. I think people only care about old coins because these are coins being held by a lot of investors

To me, all altcoins outside top 200 are shitcoins and are not encouraged to invest because the risk of investing is too great, so be careful before making a decision.

[Nezerlan]

All I can see from the OP is frustration. I understand the way they feel. It is not easy to trade crypto or even be an investor especially after the surge in 2017. But it is not over yet. Crypto is going to bounce back stronger only that some shitty altcoins need to die first for quality projects to come up

[Diamond_Darrell]

The guy wrote on November 27, but I don’t feel that the season of bull altos could be considered open. I think you need to wait until the end of January and as they say "we will see"

[Duncan.Idaho]

Side Issue /tread new

https://medium.com/renproject/how-renvm-actually-works-c2f76a2630c4


ERC20 representation of BTC on Ethereum as an example,

These wrapped coins still must "pass" thru a XCP "ren virtual macjine"


https://twitter.com/RSKsmart
Liquid
Lighting

same 💩

also
https://dcabtc.com/
https://www.bitcoindollarcostaverage.com/


miners49ers
https://novablock.com/
https://novablock.com/

[Rcoinmoon]

I think it's altcoins season, a lot of them have seen some great spark since the beginning of the year following the btc spark vibe.

[Viscore]

Things might have changed already because the start of 2020 is really good and it's not impossible for bitcoin to touch $10,000 again before the end of the month. We just have to believe that bull run will again come back and I am really hoping this year is the right timing.

Shitty season is already gone, welcome to the bullish market where FOMO is happens more often.

[Davian144]

I think it's altcoins season, a lot of them have seen some great spark since the beginning of the year following the btc spark vibe.

If I personally do not consider this year as the altcoin season, because the price increases only on the old and already popular altcoin, and I do not see price increases on the new altcoin for this year and the new altcoin project is also not so much born this year.

[Jpt]

We are now and ever in the shitcoin season but for short time. We can see that the crypto market is full of speculation and rumours and shitcoins are hyped so much that their price skyrockets in a short period of time. So there is always a time when shitcoins find their place in the market. So there is always a time for shitcoins and altcoins. 

[Nickz46]

To kept away from a shitcoins, better check the top best coins to follow but we also have to take care that many project which have great businesses are listed below that number which will bring a great future if we join that projects just thr Aci coin. Other point is that there are many projects which are just shitcoins and they have raised their trade volume on exchanges with fake volume. So this thing may catch us in trouble better ito do when thise wpuld happen is to cut the system out from your investments lists

[Aying]

I think it's altcoins season, a lot of them have seen some great spark since the beginning of the year following the btc spark vibe.

If I personally do not consider this year as the altcoin season, because the price increases only on the old and already popular altcoin, and I do not see price increases on the new altcoin for this year and the new altcoin project is also not so much born this year.

I agree with you @Davian144, dead altcoins are arriving and many projects will still came up to victim and vanish at air. altcoins season is not going to happen if a lot of users are still lack of knowledge about the project they enter. we don't blame them because they want immediate money, we should avoid it as knowledgable when it comes to their work.

[spadormie]

Actually, you might be having just a depression on the market. And it's normal since everybody feels that way. Right now, it's really shit on cryptocurrency as a whole not just alt. Bitcoin is also suffering. But, look at what's hapening right now, bitcoin is slowly getting up and it's really great since bitcoin is slowly climbing up to 10k. Do you think it's FOMO now? When it comes to projects, projects depends on how the market is going on that's why a lot of sht project is bursting up.

[Brunus]

Now? It seems to me that this season of shitcoins has lasted for a year and a half now, and there is no sign of recovery.
In fact, I'd say 99% of the altcoins died forever.
I have some and I decided to keep them just as a souvenir ...

[Viscore]

Now? It seems to me that this season of shitcoins has lasted for a year and a half now, and there is no sign of recovery.
In fact, I'd say 99% of the altcoins died forever.

Damn, that was harsh, can you reduce that a bit to maybe 90%?
Obviously we've seen altcoins to look like dead right now, but in terms of recovery, I am seeing a slow recovery but it could be starting this year though.
When there's a lot of hype regarding bitcoin, you can expect that the hype in altcoins would follow.
As bitcoin is quite stable a bit, we are also from time to time seeing altcoins having a good day with their increase in value.

I have some and I decided to keep them just as a souvenir ...

if you keep it a souvenir, it will only hurt your feelings, who knows man, who knows....

[quality.crypto]

More and more shitcoins are coming out everyday , i dont know why some people on crypto shilling these shitcoins.  What would you expect in crypto, profit is still the priority even its a shitcoin.

which are listed in coinmarketcap there are 5000 coins or tokens there, always growing every month, of course, many shitcoins are registered as well, my advice is only to avoid coins or tokens that are positioned more than 200 in coinmarketcap

You are right many coins are listed in the CMC, yes, we need to avoid many coins because out of 5000 there are many shit coins which we don't see any developments from the companies. So it is good to avoid after 200 coins because which we are seeing active implements from them.

[bryant.coleman]

You are right many coins are listed in the CMC, yes, we need to avoid many coins because out of 5000 there are many shit coins which we don't see any developments from the companies. So it is good to avoid after 200 coins because which we are seeing active implements from them.

A few months back, there were only around 1,500 coins and tokens listed in coinmarketcap. I think that they have now changed the minimum threshold needed for a listing. Obviously this means that a lot of the shitcoins and dead coins have found their way into Coinmarkecap. Looking for a good altcoin among these thousands is like searching for a needle in a haystack. Out if this 5,000, at the most 1% or 2% may be good for investment. You can expect the remainder to die out in the next few years.

[Sanugarid]

You are right many coins are listed in the CMC, yes, we need to avoid many coins because out of 5000 there are many shit coins which we don't see any developments from the companies. So it is good to avoid after 200 coins because which we are seeing active implements from them.

A few months back, there were only around 1,500 coins and tokens listed in coinmarketcap. I think that they have now changed the minimum threshold needed for a listing. Obviously this means that a lot of the shitcoins and dead coins have found their way into Coinmarkecap. Looking for a good altcoin among these thousands is like searching for a needle in a haystack. Out if this 5,000, at the most 1% or 2% may be good for investment. You can expect the remainder to die out in the next few years.

There are lots of projects that were developed and becomes shitcoin but we cannot do anything about it because of look at the market as of now. It is not actually in a good condition but we can see that it is recovering from its downfall. We are all hoping that the season wherein almost all projects become successful happened when bitcoin reaches twenty thousand dollars. Time like that is a golden era that we can't forget because it makes us profitable in every way. Still, continue to support cryptocurrency and projects that are coming until such time that the market will rise up again.

[Mumbeeptind1963]

There are lots of projects that were developed and becomes shitcoin but we cannot do anything about it because of look at the market as of now. It is not actually in a good condition but we can see that it is recovering from its downfall. We are all hoping that the season wherein almost all projects become successful happened when bitcoin reaches twenty thousand dollars. Time like that is a golden era that we can't forget because it makes us profitable in every way. Still, continue to support cryptocurrency and projects that are coming until such time that the market will rise up again.

It is easy to create a coin ,that is why many people tries to make a new project hoping that their coin might be sucessful too, but there are wrong. That is why in year 2018-2019 a lot of scam projects has been created, there are a lot of victims as well. I hope this 2020  it would be a change and I want to have a rule in creating a coin so that people would hardly to do that, as well exchanges, many exchanges has been created as well.

[four3200]

Bitcoin Rainbow is cool https://www.blockchaincenter.net/bitcoin-rainbow-chart/

Altcoin Season is warming up https://www.blockchaincenter.net/altcoin-season-index/

[pixie85]

Bitcoin Rainbow is cool https://www.blockchaincenter.net/bitcoin-rainbow-chart/

Altcoin Season is warming up https://www.blockchaincenter.net/altcoin-season-index/

That rainbow shows that we are not in a shitcoin season yet. First there's Bitcoin season then the bell calls for top altcoins and finally shitcoins. For people to go all out shitcoin investment we'll have to see BTC reach ATH.

Usually the flow of money is like this.

In the bear market all goes from altcoins to Bitcoin andf then slowly as Bitcoin recovers and gains valye it deflates and some capital goes to altcoins until the bubble finally pops and altcoins start to tank faster than Bitcoin.