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Author Topic: Just because it's called a shitcoin doesn't mean it really is  (Read 320 times)
rhomelmabini
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July 01, 2020, 02:51:11 PM
 #21

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
If the coin was just on the mercy of signs I can call them shitcoins at all. The thing to consider a shitcoin are those involved on a pump and dump schemes, they may have value but if they can't provide a good use for the community then let them stinks as shits.

Tell me what's so good about ETN and Apollo in your own opinion OP? What could it bring to the community?
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July 01, 2020, 02:52:22 PM
 #22

if they are not making money out of it, its shitcoin. you obviously has a bag of electroneum maybe from mining from phone as they claimed to be. i could have been mining the coin too if i just knew the team is that good but nope.

i just learned from this team that it can be used to purchase. if it does find its way to make demands for investors why not. congrats to baggers.

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July 01, 2020, 03:09:17 PM
 #23


Shit coins doesn't mean you can't make profits from that coins, you can still make profits but we can't be sure how long those coins will exists in the crypto market.Shitcoins are nothing but another coin with the no real purpose of existing.So you need to be careful while holding those coins.

So many coins are created to become a pump and dump coin, their lifespan is very short you can possibly lose a lot of money if you keep holding shitcoins and you donot know when to exit, you will burned holdingshitcoins and they are the scorned of the industry, it's better to focus on coins that have proven their worth for a long time already.

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July 01, 2020, 03:12:36 PM
 #24

I have 50/50 feeling about shitcoins. Those who have no utility, no use, no value, no community and no real company behind it are all scams and scalawags for me. Does not worth my attention. On the other hand as you have mentioned, if there is still activity on it and people are still having trust with it even for a long time, then it is good. I have a so called shit coin, nothing whatsoever, but dev is still active and coin stalking for 3 years now, so I guess there is still hope.

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July 01, 2020, 03:14:01 PM
 #25

yes actually only a few projects called shitcoin managed to show if they are not as people say, but remember it's only a few projects. the other is clearly shitcoin
now that's wrong. actually there are many shitcoin in cryptocurrency market. ethereum founder ever said that only less than 5% project could survive in market , and another on will be shit coin or shit project which is have no usage in crypto market or in life adoption.
What already stated by ethereum founder sounds like he was giving a clue about how much projects that will survive in this market at the end of the story. Some coins that were underestimated have been growing crazy like enjin coin or other.

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July 01, 2020, 03:35:07 PM
 #26

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
Sometimes people are just joking and we should not take it seriously as the base of truth. if someone calls a particular coin/token as a *Shitcoin maybe he/she has the reason about it, but it doesn't mean that it's true, we are bound by our understanding why we should call any coin/token as *Shitcoin for me I will categorize a coin/token as *Shitcoin if the coin/token has no real use case/utilization to create and drive the demand of that particular coin/token that was resulted to dump its price. and that was my opinion!
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July 01, 2020, 03:36:15 PM
 #27

This is so true, we can't all think the same way, everyone has their reasons for calling a project shitcoin, all you have to do is find your own reasons by doing research, you may be able to find answers that others can't

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July 01, 2020, 03:38:26 PM
 #28

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

Shitcoin - a coin that has no use at all, its application cant be seen or feel in the eyes of users. Most projects are called by this term, coherently cause they believe its value are depend only on hype, manipulations and other means of shilling.

I know hex, this is one of the top shitcoin ever created, luckily for hunters they can have some profits from their work but how about those whom invested on this? Its okay if they got out with profits but some investors ended up losing on believing by hype.

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July 01, 2020, 03:41:06 PM
 #29

Let me see, shitcoins are coins that can't be sold on exchanges because no one is buying them, they are completely useless and worthless, right? But some called some coins shitcoins because they aren't pumping, this is the most common
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July 01, 2020, 04:15:46 PM
 #30

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
Sorry to say, but shit coins are shit coins. Even if the price sky rockets, they still will be considered shit coins.
Sad to see you believe that a coin isn't a trash coin if the price is high. People call them shit coins because they are probably scammy, or have nothing new to contribute other than being a clone coin. And yeah, the price of shit coins can be easily manipulated.

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July 01, 2020, 04:55:43 PM
 #31

that term lost its meaning long time ago when people started referring to everything they didn't like as shitcoin. Its always a good idea to look for reason when someone refers to an altcoin as shitcoin and if you can't find the reason you should trust your own reasoning.


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July 01, 2020, 05:02:30 PM
 #32

that term lost its meaning long time ago when people started referring to everything they didn't like as shitcoin. Its always a good idea to look for reason when someone refers to an altcoin as shitcoin and if you can't find the reason you should trust your own reasoning.


that's because many new altcoins don't have current values. or those who are listed on the exchange but do not have an interest because the project is not running or has problems. shitcoin is indeed the most suitable term.









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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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qazgroup
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RiveMont


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July 01, 2020, 05:10:07 PM
 #33

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
Basically community members name realtively new, undeveloped or low value projects as shitcoins while with time it can change and from shitcoins the project can develop into a pro level high quality practical platform there are many examples of such projects, you can look into snx and swissborg that were looked with suspicion at the start but now they have successful products and ecosystem.

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7788bitcoin
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July 01, 2020, 05:15:32 PM
 #34

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
If you have the confidence and the money to spare for shit coins then you should understand that there are risk involved as you can become the grand daddy of bag holders if you expect them to go higher. Every day some or the other coin will pump and i am yet to figure out exactly which shit coins moves higher on a daily basis as i have already lost a lot of money in the past and now i am not financially stable to experiment with my money.
Claudio99
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Sovryn - Brings DeFi to Bitcoin


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July 01, 2020, 05:27:55 PM
 #35

Hex was called shitcoins many times and it end up give them a surprise, Dogecoin was called shit coin years ago until last bullrun that makes dogecoin shines even more, let this be least of your problem, focus on gathering the good altcoins and leave people running their mouths

Golftech
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July 01, 2020, 05:39:52 PM
 #36

if they are not making money out of it, its shitcoin. you obviously has a bag of electroneum maybe from mining from phone as they claimed to be. i could have been mining the coin too if i just knew the team is that good but nope.

i just learned from this team that it can be used to purchase. if it does find its way to make demands for investors why not. congrats to baggers.

If they'll be able to find the use and make a good deal with businesses to adopt their system, then it's going to bring a  huge benefits to those
who invest and mine this coin, though util now there's none.

Lucky for bagholders who claimed this coin from mining over the phone if there are usages that the team will be able to offer, if there are additions
to the industry it's really needed to be working out.
ameliana
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July 01, 2020, 05:49:38 PM
 #37

the reality is that you will also never know that a coin that you have saved for years but eventually dies, does not work, has no sale value, is not listed on the exchange. and people often say shitcoin because the project or coin has no progress at all.
Skinny48
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July 01, 2020, 05:50:43 PM
 #38

Due to past experience and losses that people have seen in crypto space they falsely blame some projects most especially when they look alike, I don't blame them for this though, hex project looks like scam that's why people called it a scam, the CEO promised huge return on HEX website, that's something scammers did in the past, people don't just blame projects as shitcoins without no reason but sometimes they might be wrong

DDante
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July 02, 2020, 06:44:44 AM
 #39

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

People don't call coin a shitcoin just because it doesn't have high returns, a shitcoin is a coin with poor fundamentals which means it has no long term potential. In short term even the shittiest coin can surge, and it even happens a lot, because shitcoins are subject to pump and dump schemes. Electroneum and apollo and both good examples of a shitcoin - they may look attractive, might have some short term momentum, but in a few years they will trade for 1 satoshi at best, or will just get delisted from all exchanges. Or maybe miners will abandon them and their networks will die.
People call coins shitcoin because they aren't pumping, I've seen this happened on telegram countless times before, or maybe the coin was surging and it start dumping due to market condition some idiots will start creating FUD, I'm surprised you haven't seen that before
Blue_oxen
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July 02, 2020, 06:51:38 AM
 #40

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
Sorry to say, but shit coins are shit coins. Even if the price sky rockets, they still will be considered shit coins.
Sad to see you believe that a coin isn't a trash coin if the price is high. People call them shit coins because they are probably scammy, or have nothing new to contribute other than being a clone coin. And yeah, the price of shit coins can be easily manipulated.
It can't be more true! However, there are some newbie out there still call a coin as shit coin if they see it doesn't pump! Whenever you hear somebody call a coin as a shit coin. You should look into his or her knowledge, skills, and experiences about the cryptocurrency market. If an old traders tell me so, I would believe. If a newbie talk with me about shit coin, I'll do my own research before believing in it!

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