Master of Shitcoins (OP)
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May 02, 2021, 05:41:41 PM |
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Which one is our most awful shitcoin? So far, many shitcoins have been launched, including scams or coins of lies, like BSV from Craig Wright, also called Faketoshi. Some coins are not right visibly scams but fraud coins like Tron or Ripple. Most fraud coins are centralized which is very bad for a coins because it is not censorship resistant and very unequal. For us, we need to know about bad coins and avoid it because if no one buys awful shitcoins, such coins will die. Crypto always need a good reputation to improve real adoption. I hope all of you can list and explain which one is in your opinion our most awful shitcoin? Plz post below! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Let's tame all shitcoins!
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Skinny48
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May 02, 2021, 05:47:05 PM |
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How is Tron or Ripple a fraud? They steal your money or what? If all centralised coins and tokens are scam why is BNB doing so well today? You want to bet all you have on decentralized projects? We'll go ahead, at least you have the code to blame if anything goes wrong, I follow what works for me and Tron gave me 4x this year, even my ripple bag grows insanely big too, what about you? Chill me your Dex project that did you so good this year
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Master of Shitcoins (OP)
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May 02, 2021, 06:04:40 PM |
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How is Tron or Ripple a fraud? They steal your money or what? If all centralised coins and tokens are scam why is BNB doing so well today?
Ripple is proven as a fraud in several ways undermining crypto's decentralized approach. When people are depending on Ripple labs, it is a clear fail for what crypto was built. Tron is fraudulent because Justin Sun is overpromising and his tech of Tron isn't proven scientifically. Every serious blockchain developer would call it a weak centralized network. You want to bet all you have on decentralized projects?
Yes, we only need decentralized projects, no centralized shitcoins. We'll go ahead, at least you have the code to blame if anything goes wrong, I follow what works for me and Tron gave me 4x this year, even my ripple bag grows insanely big too, what about you?
Big profits does not mean a technically good project. Even Safemoon did huge profits and it's just a shitcoin. Hype is no factor for technical success. Chill me your Dex project that did you so good this year
Uniswap and Sushiswap is working and a good project for swap.
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Let's tame all shitcoins!
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btcltcdigger
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May 02, 2021, 06:11:31 PM |
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Which one is our most awful shitcoin? So far, many shitcoins have been launched, including scams or coins of lies, like BSV from Craig Wright, also called Faketoshi. Some coins are not right visibly scams but fraud coins like Tron or Ripple. Most fraud coins are centralized which is very bad for a coins because it is not censorship resistant and very unequal. For us, we need to know about bad coins and avoid it because if no one buys awful shitcoins, such coins will die. Crypto always need a good reputation to improve real adoption. I hope all of you can list and explain which one is in your opinion our most awful shitcoin? Plz post below! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Tron or Ripple aren't neccessarily shitcoins. On the other hand, SAFEMOON, SAFEMARS and SAFEGALAXY are shitcoins. We just don't like TRX and XRP, that's all.
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noorammak
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May 02, 2021, 06:17:01 PM |
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The most terrible shitcoin I know is Kimchi.finance This DEFI project started at $ 12 and then dropped dramatically to near worthlessness. DEFI devotees have followed the trend and hoped that Kimchi would be like Sushi, but they made a mistake and received severe consequences.
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agg2702
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May 02, 2021, 06:19:52 PM |
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I don't understand why ripple and tron are considered horrible shitcoins. what i feel i actually got benefit from them and i never think of it as shitcoin I do not know whether I am wrong or not, but for sure I am from Tron and Ripple, I think there is an advantage for me, especially when looking at Tron now. maybe you need to clarify your reasons why consider these two coins as shitcoin
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20kevin20
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May 02, 2021, 06:24:37 PM |
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Most people are looking for coins that are fast, have quick confirmation times, low fees and a potential for price growth. At this given time, most of the people who say they're looking for decentralization are lying to themselves. They aren't looking for decentralization. The real reason behind promoting a certain coin for having certain features is most of the time an attempt to bring people's attention to it so that the coin's price has a growth.
Most awful shitcoin? Is this a thing really? I mean, they're all awful. If I had to call one for the most awful, it'd probably be Doge at this point. It's got a market cap that is simply incomprehensible considering how crappy their development is and that it's a memecoin.
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jossiel
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May 02, 2021, 07:04:39 PM |
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The bitcoin forks, mostly they are. There are bunch of it.
And those that are pump and dump tokens that you can see from time to time being shilled on different groups. I'm starting to see another one which is being treated like Doge whilst on its early stage.
You'll see most of them on different swaps.
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bL4nkcode
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May 02, 2021, 07:14:16 PM |
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There are too many, listing them 1 by 1 is a waste of time. From ICO to STO, then Defi. While on IEO the only thing seems better and legit are those held on large exchange such binance and kucoin, the rest are all shits. And include all the fork of bitcoin lol.
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cryptoperkele
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May 02, 2021, 07:31:23 PM |
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At the time of writing, there are tons of them but the most annoying one being safemoon. The amount of spam marketing they did was impressive but the result was pointless deflationary token (we have tried those already btw). There wasn't anything even close to ground breaking or new in it so i am baffled why it took off in the first place. I normally don't hope for people to lose money but everyone who shilled that deserve to lose their safemoon bag value.
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BChydro
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May 02, 2021, 07:46:41 PM |
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So far, many shitcoins have been launched, including scams or coins of lies, like BSV from Craig Wright, also called Faketoshi. BSV is a fork from BCH and you cannot include that when there are literally thousands of shit coins in the market. Some coins are not right visibly scams but fraud coins like Tron or Ripple. Most fraud coins are centralized which is very bad for a coins because it is not censorship resistant and very unequal. Frauds are centralized but not every coin that is centralized can be a fraud, cryptocurrency is not created to resist censorship or to stay away from the government. I did have the same thoughts years ago but when you think about global adoption you need to abide by the laws and abiding by them means there will be some sort of censorship. I hope all of you can list and explain which one is in your opinion our most awful shitcoin? Plz post below! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If you start posting all the shit coins i can keep on writing for pages as i have seen countless shit coins in my time in this market. The worst were the direct ponzi scams where they were able to collect billions like Bitconnect, PlusToken and OneCoin and the kind of fan following and supporters these scams had was mind blowing as well.
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Fivestar4everMVP
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May 02, 2021, 07:49:10 PM |
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I've always heard bad opinions about ripple right from the very on set, many people in the crypto space consider ripple a scam but yet, it keeps raising which also means that people are buying it, this kind of confuses me cus whatever have been tagged as a scam should be highly avoided by the community, but here, the revise is the case. As for tron, I can't believe or want to believe that tron is truly a scam, but what I don't like about tron rather is the owner which is Justin sun, the way this man shilled and promoted tron was really out of place if am asked, for the fact he really over hyped tron and yet tron is didnt do so well for me is a thing to be angry about, I sold all my tron a long time ago and will never put my money in it again. When it comes to shitcoins in the crypto space, there are a lot of them, some are abandoned already, some are struggling to survive which am sure they won't.
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ene1980
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May 02, 2021, 08:05:02 PM |
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If you start posting all the shit coins i can keep on writing for pages as i have seen countless shit coins in my time in this market. The worst were the direct ponzi scams where they were able to collect billions like Bitconnect, PlusToken and OneCoin and the kind of fan following and supporters these scams had was mind blowing as well. There is no doubt these are some of the biggest scams and shitcoin should be included in it as well. My list and the amount of money lost by the investors. OneCoin ($19 billion) Bitconnect ($3 billion) PlusToken ($3 billion)
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maxreish
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May 03, 2021, 01:02:14 AM |
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Ive seen so many shitcoins but these are the few that you should be aware of;
-SAFEMOON -MEME DAO
As we all know that shitcoins are just created for fraud, for fund raised money and has a flawed fundamental and low credibility.
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Billo_
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May 03, 2021, 01:07:46 AM |
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Yes, many dangerous shitcoins are circulating and we should not buy it.
I agree to most referenced shitcoins. BSV, Ripple and Tron should not be bought at all, we don't need such crap. And I will also warn before Bitcoin Cash, it's not a good coin.
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GreatArkansas
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May 03, 2021, 01:11:33 AM |
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Nah, shitcoins are everywhere. And for me, every people got a different explanation or basis on how a coin becomes a shitcoins.
Since for me, 90% out of 100% cryptocurrencies nowadays are shitcoins out there. So, it is extremely difficult to 1 by 1 them. Since most shitcoins are almost the same. Most of them are just have some small tweak and different names.
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viananda2525
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May 03, 2021, 02:17:20 AM |
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Yes, many dangerous shitcoins are circulating and we should not buy it.
I agree to most referenced shitcoins. BSV, Ripple and Tron should not be bought at all, we don't need such crap. And I will also warn before Bitcoin Cash, it's not a good coin.
although many people said those were shitcoin ,but in market they traded frequently and have huge trading volume now. some traders didnt care about shit coin or not as long as they dont rugpull. BSV, Ripple and Tron was most active coin that traded in several tier 1 exchanges, and for some people its profitable.
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crzy
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May 03, 2021, 03:08:13 AM |
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Ive seen so many shitcoins but these are the few that you should be aware of;
-SAFEMOON -MEME DAO
As we all know that shitcoins are just created for fraud, for fund raised money and has a flawed fundamental and low credibility.
Those shitcoins produced a lot of money already and many scalpers already made a huge profit, but looking at their history the price started to go down which is a normal scenario for a shitcoins, whales are already taking profit. I don't believe on any shitcoins despite of its hype, yes I might got profit easily but I don't know when to buy and sell because it is being manipulated, so risk takers must do their own analysis before dealing with the shitcoins. There's so many shitcoins to mention right now, and most of them are under the Smart Chain network, its quiet alarming.
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FinneysTrueVision
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May 03, 2021, 03:36:57 AM |
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Anything that was pre-mined is a shitcoin to me. The main purpose of these coins when they were created was to make the founders rich. Maybe they found a community of supporters but it is still a shitcoin. Ethereum is the biggest one by market cap but I think Dash is one of the worst ones because they had an instamine, spent a lot on marketing to justify their scam and created master nodes to keep printing money for themselves.
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bussybuddy
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May 03, 2021, 03:37:48 AM |
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I do not like projects that are not clear, if I am serious about investing then just pay attention to projects that have a good foundation and if you have the skills to evaluate a new project and Potentially, it is also a reasonable choice. Usually I rarely come across so-called shitcoin projects in the market, the only projects I feel the most wasteful and dangerous at the moment are new projects running on dogecoin. I cannot believe that many people can trust such projects, even if they have made a profit from it, I still advise people to control their own greed if they do not want to become gamblers in this market.
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