Most awful Shitcoin

[danherbias07]

How about the other Bitcoin fork coins? Don't you find them fishy?
Just use the name of Bitcoin and receive value without even a single project to back it up.
Most of the coins that names it with a popular coin is a shitcoin. They fail looking for a unique name for their coin, what more with their project?
Others are the repeat of designs and plans from ICO's that failed. They just revived it but it doesn't mean it will be different because of the hype.

[airdata]

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.


Plz post below! 

I see that on this time Shitcoin is too Trending topic on Crypto market and many people make some good profit from Shitcoin. But it is correct that have many fack and Scam coin on market. So don’t buy all type shitcoin. Also i make a very good profit frob SHIB coin, i invest below of $40 usd and make profit under $400 usd and also i invest on SafeMars, MoonShot, Papermint etc project.         

[RussianEnglishTranslation]

It doesn't matter how you feel about a project, the market will decide winners and losers. As long as a project has real world utility, it should succeed in the end.

[Looper_U]

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.

OP who invest on coins for been legit and non profitable? It's doesn't matter where your ROI is going to come from, pulling out your profits is all that matters, either shitcoin or not I'm here to make profits I don't care

[lienfaye]

Tron or Ripple aren't neccessarily shitcoins.

They're not shitcoins however these Tron and Ripple are not quite reliable coins to gain profit for many investors. In short they're not the favorite though among of those popular in CMC.

On the other hand, SAFEMOON, SAFEMARS and SAFEGALAXY are shitcoins.

I agree, its a pump and dump coins and popular to social media for shilling and to attract investors. If you invest in these coins you're likely to lose your money especially if whales dump their coins after you buy.

[unusualfacts30]

if it makes you profit shitcoin can become a best coin over night. that word is overthrown and investors don't really care what you call their investment, they only care about the profit. Everyone is responsible for where they choose to invest. if there is interest everyone will buy it regardless of what you tell them.

[Republikcoin.com]

I agree, its a pump and dump coins and popular to social media for shilling and to attract investors. If you invest in these coins you're likely to lose your money especially if whales dump their coins after you buy.

People understand this risk, they will only bet a small amount to buy this shittoken or shitcoin without feeling lost if the worst thing happens to the asset. A lot of people who only spend $ 5 in BNB then swap in Pancake swaps or some other DEX. Then he waited for the shittoken moment to be pumped and then sold it at a higher price. They can get 5x to 50x profit in one investment. But that possibility is very small, in fact it is almost no different from gambling.

[nutildah]

This is a fun idea for a thread. Well let's see, I've seen some pretty rancid shitcoins in my day but the worst of them all are the coins that manage to rake in money and even build a "community" without ever launching a coin at all. The biggest of these offenders would be OneCoin, which, as far as I know, didn't even have a blockchain, and was just a ponzi based on the awesome future of cryptocurrency (which never actually existed)

https://www.wsj.com/articles/onecoin-took-in-billions-then-its-leader-vanished-11598520601

Ruja Ignatova, OneCoin's founder or president or whatever, apparently made off with billions, then vanished.



Rumor has it she was offed by the Russian Mafia, but who knows what really happened.

[Zotak337]

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.

I made some cool money from BCH, the coin that many underrated simply because it's a bitcoin fork, few weeks back everyone starts saying it's over for BCH because it's not showing any bullish sign when BTC was surging but today things are different, 1000$ isn't hard for BCH, I'm not against any coins unless they are scammers projects, I'm ok with any project that can give me profits so how ever people feels about them is none of my business

[olori 4]

I almost see the whole shitcoin there is every chain, even in ethereum and bnb which is very reliable though, To avoid it is we have to understand about the risks of cryptocurrency trading, and start doing more research to find out if this is really shitcoin or hidden gems.

The most trending platform with loads of shitcoins is BSC chain. That is where you see a coin list and within the next 24 hours it's been pumped. Come back the following day or even before that, it would have plunged.
Ethereum network had got it's share too, but not so many of them use it these days because of the high transaction fee that has discouraged many.

[jossiel]

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.

I made some cool money from BCH, the coin that many underrated simply because it's a bitcoin fork, few weeks back everyone starts saying it's over for BCH because it's not showing any bullish sign when BTC was surging but today things are different, 1000$ isn't hard for BCH, I'm not against any coins unless they are scammers projects, I'm ok with any project that can give me profits so how ever people feels about them is none of my business

It's also like an airdrop for those early holders of bitcoin.

But the price of it hasn't reached the ATH that it has made. $1k is a good price but it's not the only fork for bitcoin. There are many of them that really can be said as useless coins but if you get significant profit, you dump it.

How much you've made with it?

[raes]

I almost see the whole shitcoin there is every chain, even in ethereum and bnb which is very reliable though, To avoid it is we have to understand about the risks of cryptocurrency trading, and start doing more research to find out if this is really shitcoin or hidden gems.

but now you can see more shitcoin projects on the BSC network which are traded on the pancake exchange. This is ironic because there are traders who deposit a lot of their money for a shitcoin. What were those people thinking exactly?
with big money why don't they see BTC, ETH, BNB, and altcoins that are clearly analyzed properly?

[carlisle1]

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.

Unless there's reliable source or their some insider from the developing team coming from that shit project,
the assurance maybe much higher on a profitable side. Information before the hype or pump, it will give you easy profits.

But for sure risk still there as scammers and pump and dump groups always chase for money, you never know if they truly telling the truth or just alluring you.

Best thing to keep your eyes away from this kind of project and focus only with those solid coins that have good foundations.

[suryogandul]

now it's busy discussing shitkoin named safemoonart, try to join their telegram there a lot of people blaspheme because they cheat in large numbers. we must be aware of this shitcoin because after all shitcoin is a coin that is detrimental to us

[Atang Sulaeman]

There are so many fake coins, it is not enough for us to mention them one by one, because most of the altcoins are fake, we have to be able to find out which one makes sense which does not, it is very difficult to find the real one, which has no element of fraud, it looks like it's getting it is also difficult because there are many scams that exist at all times.

[longyenthanh]

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!  

In my opinion, the most disgusting shotcoins were all named "scamcoins" by the developers themselves. Here are some examples:

- https://bitcointalk.org/index.php?topic=431205.0
- https://bitcointalk.org/index.php?topic=475287.0
- https://bitcointalk.org/index.php?topic=665169.0

I do not know why they were created .. Maybe to warn new users that anyone can create a cryptocurrency and scam them, or maybe to calm investors and really scam them. Decide for yourself.

[doctor877]

tron and ripple is really not a shitcoin. a coin being centralized dosent mean its fraud. you would rather the coin dosent meet the standard of a cryptocurrency as regards decentralization and freedom. people have talked about this and still go ahead to trade and invest in them. this is simply because the profit is only whats important.

[nrvasquez]

if it makes you profit shitcoin can become a best coin over night. that word is overthrown and investors don't really care what you call their investment, they only care about the profit. Everyone is responsible for where they choose to invest. if there is interest everyone will buy it regardless of what you tell them.

Yeah, you may be right, but shitcoin brings a lot of disaster to the newbie or novice trader. It is true that there are many rugpull projects now, and I hope that it can be overcome by certain methods, apart from using dyor or other investment fundamentals.

[Rengga Jati]

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.

Whether it is a fud or not, in fact, I can take high profits from those two coins and they are reputable enough. Look at the volume and how the graphic of the coins. Although many FUDs are spread, in fact, the price keeps increasing.
If they are considered as shitcoins, so 90% of coins and tokens on the market are also shitcoins. hahaha
Like what @btcltcdigger said, maybe they only don't like The two, but that doesn't mean that they are shitcoins.

Well, what I am thinking about shitcoins are:
- Never listed coins or tokens after the ICO, IEO, ISO, and other kinds of the token sale.
- Listed on the non-reputable market
- Only can last few periods on the market and then the volume disappeared
- HAs very low to zero trading volume
- Not exact utility
FOMO coins

[Falconer]

Which one is our most awful shitcoin?
...

There are so many terrible shitcoins in the ICO fomo, I remember that a friend had Tbar coin from bounty payment with an estimated $10k at the time, before tbar dealt with the SEC the coin was still worth it, but unfortunately he hasn't sold it yet and when the tbar team was in legal process then tbar is no more than shitcoin.