Shitcoins unite!

[joseyphil82]

Honestly speaking some shitcoins will come back to life if the team decide to take a new turn on them, there are few good news in crypto space that some dead coins came back to life and price starts surging, if the team feels like they can handle the shitcoin they they should, nothing is impossible in crypto space

[FreeStreamer]

Shitcoins are shitcoins because the devs are scammers, they have no intention of making a good product, they're doing it just to dump their premined stash and move on to a next shitcoin. They don't posses any extraordinary programming skills, so even if you take 100 such devs, they won't make a cryptocurrency that can compete with Ethereum or Bitcoin. Shitcoins need to die, that's the only solutions to this problem, but they will live as long as there are idiots who invest in them.

They are not necessarily scammers. They are just experimenting on a new thing. Nobody could know for sure how they would perform and how the market would adapt them. This is very much like the dotcom boom, with lot of professional people experimenting to solve the same core problem. First being obviously how to P2P transfer a digital asset safely but the second is also how this asset can keep value. Shitcoins failed in this latter task. They did not know how the currency could uphold value.

[Kvalentine]

Don't expect every developers to be professionals out of the blue, there will be past histories of failed projects too, this is why I suggest that abandoning the shitcoin is way more better and cleaner than waking the dead coin up

[FreeStreamer]

I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.

You think this devs who create this shitcoins don't already know this? They know what to do to make their project better but since their interest is not about working hard but making real quick money they don't care much about all this things you mentioned, no serious dev will spend time developing a shitcoin only the quick money grabbers will do this.

Yes, I think they don't actually know this. They are just programmers who don't have good economic understanding about what exactly generates value and they don't have good spiritual understanding of what exactly is decentralized.

[Byakuga]

Some team willingly build shitcoins for quick gains and some projects just failed because of incapable of the team, those projects that failed because of lack of professionalism can still rise up but not those that was build from scratch to be shitcoins all for the sake of money making

[hatshepsut93]

They are not necessarily scammers. They are just experimenting on a new thing. Nobody could know for sure how they would perform and how the market would adapt them. This is very much like the dotcom boom, with lot of professional people experimenting to solve the same core problem. First being obviously how to P2P transfer a digital asset safely but the second is also how this asset can keep value. Shitcoins failed in this latter task. They did not know how the currency could uphold value.

If they are just experimenting, then why are they asking the general public to fund their experiments and promise them high returns and delivery of a working product? If it's an experiment, it by definition have a chance of failure. And why do they need so much money anyway? With dotcom bubble people needed money for servers, offices, employees, but with blockchain the system is decentralized and it's hosted for free by many independent parties across the world.

[FreeStreamer]

They are not necessarily scammers. They are just experimenting on a new thing. Nobody could know for sure how they would perform and how the market would adapt them. This is very much like the dotcom boom, with lot of professional people experimenting to solve the same core problem. First being obviously how to P2P transfer a digital asset safely but the second is also how this asset can keep value. Shitcoins failed in this latter task. They did not know how the currency could uphold value.

If they are just experimenting, then why are they asking the general public to fund their experiments and promise them high returns and delivery of a working product? If it's an experiment, it by definition have a chance of failure. And why do they need so much money anyway? With dotcom bubble people needed money for servers, offices, employees, but with blockchain the system is decentralized and it's hosted for free by many independent parties across the world.

Yes, same way that start-ups may list in public exchange to acquire more liquidity for their projects. They just have an idea and they need capital to hire more developers and to buy more hardware. When a thing is at its idea or early development stage, nobody can know how it will perform, until it's tested. This is exactly why crypto is such a risky investment. We are just funding their crazy experiments.

[$crypto$]

... each project will have its own purposes why they create the project...

Yeah, and some of them are really bad at their habits, example of this was INGOT Coin. They shut their projects one before, then came up with a new team and a new features but still they didn't continue the shitty whole thing, such a waste IMO, the whole damned plan was ruined for they think its better to scam on the first place.
They really didn't think of the benefits coming from the future. LoL.

This is the reason why I hate new altcoins. It's really useless to support them.

I think almost all new altcoin projects are useless and only take the opportunity for them to generate from the sales they have marketed, never mind the new altcoin loop is more focused on old projects that are already going well,

Like INGOT Coin and other projects that are running with it all closed because they were not successful with their plans so what should I hope for? and it will not last long, only stopping briefly in the market and then there is no value.

[joshua123]

Easy for you to say, but as developer hearing their project, do you think they will be at ease being mocked their project as shitcoin?

I cant say newer project can go to this extent but honestly I almost agree to a moratorium if those shitcoin could be turn off for good. Why not cleanse the market to have a better perspective from the investors?

Instead of launching their own, why not collaborate and combined knowledge, funds, and any ideas worth to do than selflessly trying hard right?

[FreeStreamer]

... each project will have its own purposes why they create the project...

Yeah, and some of them are really bad at their habits, example of this was INGOT Coin. They shut their projects one before, then came up with a new team and a new features but still they didn't continue the shitty whole thing, such a waste IMO, the whole damned plan was ruined for they think its better to scam on the first place.
They really didn't think of the benefits coming from the future. LoL.

This is the reason why I hate new altcoins. It's really useless to support them.

I think almost all new altcoin projects are useless and only take the opportunity for them to generate from the sales they have marketed, never mind the new altcoin loop is more focused on old projects that are already going well,

Like INGOT Coin and other projects that are running with it all closed because they were not successful with their plans so what should I hope for? and it will not last long, only stopping briefly in the market and then there is no value.

I think some of new altcoin projects might actually be something potential because there are experienced people now who actually know how different features make them perform. The early altcoins are just copies of Bitcoin bringing little to nothing new to the table. Except like Ethereum which created the shitcoin megastorm with its ERC20 token. Now that shitcoin storm has calmed and people are really thinking what are the features of a truly advanced cryptocoin?

[Vishnu.Reang]

I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.

This is just ridiculous. Shitcoins are called so, because they are dead. Far from what you said, they don't have any active developers working on them. Because chances are very low that a cryptocurrency would die out, if the developers are working hard. In many cases, the same team is behind dozens of different coins and once a coin is dead, they will move on to another.

[Surrapatt]

Some team willingly build shitcoins for quick gains and some projects just failed because of incapable of the team, those projects that failed because of lack of professionalism can still rise up but not those that was build from scratch to be shitcoins all for the sake of money making

The team that voluntarily builds shitcoin to get a quick profit is a very stupid team, because in the long run they will not last long in crypto, especially if someone already knows about it when the project is run by them, and some projects that fail also can still be in build it in a different way, as long as the team wants to do it so that their tokens are not considered shitcoin by the public.

[FreeStreamer]

Easy for you to say, but as developer hearing their project, do you think they will be at ease being mocked their project as shitcoin?

I cant say newer project can go to this extent but honestly I almost agree to a moratorium if those shitcoin could be turn off for good. Why not cleanse the market to have a better perspective from the investors?

Instead of launching their own, why not collaborate and combined knowledge, funds, and any ideas worth to do than selflessly trying hard right?

Sure I think there's probably no point to criticize and mortify anyone unless you have some better suggestions. The reason why Shitcoins do not hold value is that their algorithm has no external demand. The demand for the algorithm comes only from the own network. Things can not self-sustain value without external demand from the market economy.

[blockman]

I doubt it that they will do something like this. If they have already a process of redoing projects and earn huge amount of money by just simply doing it, they don't have the urgency to unite and create something useful for the community.
They are ambitious to the point that they will just do something for the collection of investors money. And once they are done, they'll just leave the project alone and let it die.

[FreeStreamer]

I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.

This is just ridiculous. Shitcoins are called so, because they are dead. Far from what you said, they don't have any active developers working on them. Because chances are very low that a cryptocurrency would die out, if the developers are working hard. In many cases, the same team is behind dozens of different coins and once a coin is dead, they will move on to another.

Those that do not upgrade are obviously dead. Those that do upgrade and fix their issues are still in the game. Ethereum is the best example of this. It would be dead if it wouldn't have fixed all its issues during the last two years. Now Ethereum 2.0 is launching with the scalability issue fixed.

[FreeStreamer]

I doubt it that they will do something like this. If they have already a process of redoing projects and earn huge amount of money by just simply doing it, they don't have the urgency to unite and create something useful for the community.
They are ambitious to the point that they will just do something for the collection of investors money. And once they are done, they'll just leave the project alone and let it die.

Why wouldn't they? My firm opinion is that they simply don't know all the things that are going on in this space. Keeping up has been like a full time job for few years. How can you be a small developer team and keep up with all the new implementations and functions all the time? It's impossible. Also you can't rely on cryptonews because at least half of the articles are sponsored shilling.

[Ifemini]

I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.

It is not news that 80% or perhaps 90% of alltcoins are shit coins; and then it makes me wonder for what reasons you want them to unite? is it for blockchain reasons or what? How can you unite 3 or more different platforms into one, which can sometimes be of different blockchain ?

[FreeStreamer]

I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.

It is not news that 80% or perhaps 90% of alltcoins are shit coins; and then it makes me wonder for what reasons you want them to unite? is it for blockchain reasons or what? How can you unite 3 or more different platforms into one, which can sometimes be of different blockchain ?

We have to create one sublime network which is private, decentralized, P2P, with its own currency and own decentralized file sharing system and it pays you just for being in it. 

[Saisher]

I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.

You could get red-tagged for inviting these scammers to unite and do another scamming, you should not side with scammers and shitcoins makers, they are a big humiliation in the industry, shitcoins are shitcoins in fact they are intentionally creating shitcoins to scam people, so do not call them to unite, we have had enough scammers here.

[FreeStreamer]

I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.

You could get red-tagged for inviting these scammers to unite and do another scamming, you should not side with scammers and shitcoins makers, they are a big humiliation in the industry, shitcoins are shitcoins in fact they are intentionally creating shitcoins to scam people, so do not call them to unite, we have had enough scammers here.

I don't think investors in the crypto market now are easily fooled into an upcoming scam project. although there will be many scam projects, when they don't get investors they won't get anything. maybe who will be fooled is the bounty hunter when they hold a bounty campaign event.

Yeah, I am counting on that too. I hope both devs and investors have by now learned what it takes to make something truly decentralized and P2P and backed with real value. Shitcoins including Bitcoin are just money backed with money and they can not self-sustain value with producing an algorithm that has not external demand. This is why I would use a Proof-of-Bandwidth algorithm, which I call "the real Proof-of-Work" because it mines a commodity that's in high and constantly increasing demand. What could go wrong?