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Author Topic: Shitcoins and Memecoins  (Read 730 times)
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October 25, 2022, 10:04:21 PM
 #41

meme coins are literally vanishing even though the meme coin that's already big enough like shib is still there, but most meme coins that have relatively low valuation are already losing their stance and is starting to get abandoned by the masses, I don't understand what you mean with shit coin is having its season, it isn't certainly since majority of them are just losing value right now that it's not even good for speculation anymore.

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October 25, 2022, 10:34:30 PM
 #42

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
Shitcoins and meme coins are the same, both are shitcoins.  Grin
Although meme coins have so many large communities, what percentage of meme coins can really be worthy and survive for a longer time? So far, we can only find Doge and also Shiba Inu which is still surviving and keeping it up. But, what about other numerous meme coins? They are exactly shit coins.

But, shit coins are not only meme coins, but there are also many altcoins that are included as shit coins, moreover new projects with hype, in which the price is pumping very highly in the first listing, and then, it drops like rug pull. There are also many other shit coins that always say they are the next Bitcoin, the next Ethereum, bt only a few months, they are failed. Many new projects are shit coins because they only focus on selling their tokens or coins, then, they will leave their investors without any clear information about exchange listings.

R


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October 26, 2022, 01:09:17 AM
 #43

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.
What is this shitcoin season that you are talking about? What makes you think that it is the shitcoin season? There are literally one or two shitcoin getting pumped every day, but for a short period of time. Those who join late are the ones that pay for the profit of the others. And then there are shitcoins that lock you our from selling. Almost everyone that invests in shitcoin loses their money. Meme coins and shit coins have no difference. All meme coins are shitcoins with no real usecase. Only few (two of them) was able to remove the shitcoin label due to the huge community support.

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October 26, 2022, 01:54:48 AM
 #44

Shitcoins are a type of cryptocurrency that are launched for the purpose of making money quickly. They are not meant to make long-term investments, but instead are meant to be easily traded and make profit from short-term trading.

The problem is with Shitcoins is that they usually require little to no effort to create or maintain. The developers do not care about the well-being of their coin or its investors because they're more concerned with getting rich quick than providing any sort of value for their investors.

There's no real innovation behind it because it just copies other coins and has no real value proposition attached to it. If you invest in a shitcoin, you will almost always lose money because there's no reason for any value to exist in it. I think, it's not a good idea to invest in here.

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October 26, 2022, 11:25:57 AM
 #45

Is not it the era for shit coin has been starting to fallen? i meant look at what hapopened with meme token after the bearish trend has come. These tokens have no value anymore nor volume. People have been aware to leaving these tokens since last year.
The dump has been triggering people to prevent their money to go to the meme token. People are only looking for the safe investment right now.
indeed at this time the shitcoin hype had completely run out after everyone threw away the shitcoin they were holding with a sense of disappointment when the shitcoin hype started, people thought that the coin was very good for the long term and in the end they had sold all the shitcoin they were holding.
maybe there are still some people who hold shitcoin and think that it will have a high value in the future even though shitcoin will experience a temporary pump without any long-term opportunities.
because every time the shitcoin pump happens for a very short time and after that it is thrown back and a dump occurs

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October 26, 2022, 11:29:17 AM
 #46

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.

We are face to face with a bear market, bad right now shitcoins are not attractive as there is no enough motivation for people to buy, so it is more than ever more risky to be involved in shitcoins.

Note that most shitcoins rely on the community to push because some do not have a good use case.

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October 26, 2022, 01:22:14 PM
 #47

meme coins are literally vanishing even though the meme coin that's already big enough like shib is still there, but most meme coins that have relatively low valuation are already losing their stance and is starting to get abandoned by the masses, I don't understand what you mean with shit coin is having its season, it isn't certainly since majority of them are just losing value right now that it's not even good for speculation anymore.
Only a few of them have remained good even at these times. It's true that many of them have been into low valuation because we're in a bear market.
It's not good to invest in meme coins because it's unknown if they'll go alive again when the bull market comes. But one thing for sure is that many of these meme coins and shitcoins won't recover.

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October 26, 2022, 03:02:05 PM
 #48

meme coins are literally vanishing even though the meme coin that's already big enough like shib is still there, but most meme coins that have relatively low valuation are already losing their stance and is starting to get abandoned by the masses, I don't understand what you mean with shit coin is having its season, it isn't certainly since majority of them are just losing value right now that it's not even good for speculation anymore.
Only a few of them have remained good even at these times. It's true that many of them have been into low valuation because we're in a bear market.
It's not good to invest in meme coins because it's unknown if they'll go alive again when the bull market comes. But one thing for sure is that many of these meme coins and shitcoins won't recover.
As much as possible invest in top coins which are safer than investing in shitcoins or meme coins,
especially with bear market conditions, I think we have to consider many things and be wise in making decisions,
but regardless, everyone has their own opinion about meme coins and shitcoins

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October 26, 2022, 03:26:17 PM
 #49

meme coins are literally vanishing even though the meme coin that's already big enough like shib is still there, but most meme coins that have relatively low valuation are already losing their stance and is starting to get abandoned by the masses, I don't understand what you mean with shit coin is having its season, it isn't certainly since majority of them are just losing value right now that it's not even good for speculation anymore.
Coin memes are in high demand just because of the hype, and it's evident now how many of them have survived? I don't even think they exist. It's like that, when a coin comes with hype then they will not be able to last long in the market and also they will quickly disappear like being swallowed by the earth.
I also don't understand about the shitcoin season, because in every smoke there is always a shitcoin.

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October 26, 2022, 04:22:25 PM
 #50

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.

 Grin Yeah, maybe you wanted to take on the name as a reminder of who left the office just a day before you registered this account and I hope will stick around for more than 44 day in this forum. Anyway, you should understand that in the market trend we have been in for the past months, even the best Bitcoin is not spared let alone Shitcoins and meme coins without any true purpose. People only invest in these shitcoins for the quick gains, after which those projects die off and that has always been the Devs mission, so don't get overly excited about them and invest as little as you can afford to lose even during the Bull market. 
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October 26, 2022, 04:38:13 PM
 #51

As for me, these coins are almost the same thing Grin memcoins=shitcoins. Maybe with some exeptions, but both are not for a long-term investments, for sure.
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October 26, 2022, 04:44:36 PM
 #52

At this point in time I refuse to believe that meme coins are shitcoins, not all meme coins are shitcoins, if you can do your own research you will understand that some meme coins are now having useful utilities and they are doing well even in this bear market, this is something many people don't want to see but the prove is up on coinmarketcap, projects like Doge coin, Shiba inu, Baby Doge have better liquidity and Volume than many coins and tokens that aren't meme coins.

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October 26, 2022, 05:12:49 PM
 #53

And interestingly, shitcoins and memecoins have made lots of investors serious money, while we are here debating about shitcoins, others are out there profiting from them. Am not advocating for any of them, just saying what am seeing happening.
And the most surprising aspect is the number of investors willing to throw in money on these short-term projects. Shitcoins and memecoins are profitable if you can be among the early investors and ride waves to the top. @OP shitcoins and memecoins are not completely useless if you know your way out.

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October 27, 2022, 01:33:19 AM
 #54

meme coins are literally vanishing even though the meme coin that's already big enough like shib is still there, but most meme coins that have relatively low valuation are already losing their stance and is starting to get abandoned by the masses, I don't understand what you mean with shit coin is having its season, it isn't certainly since majority of them are just losing value right now that it's not even good for speculation anymore.
Only a few of them have remained good even at these times. It's true that many of them have been into low valuation because we're in a bear market.
It's not good to invest in meme coins because it's unknown if they'll go alive again when the bull market comes. But one thing for sure is that many of these meme coins and shitcoins won't recover.
As much as possible invest in top coins which are safer than investing in shitcoins or meme coins,
especially with bear market conditions, I think we have to consider many things and be wise in making decisions,
but regardless, everyone has their own opinion about meme coins and shitcoins
The top coins are still the best choice but not all of them should be in your bag. Bitcoin and Ethereum are the most common choices that one can get from there.
While others are watching for the new projects to come in and fill their bags, you have the freedom and will to do what they do or just go to what you think is right and that's one of it, to invest in the top coins and not with the meme coins anymore.

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October 27, 2022, 04:56:32 AM
 #55

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
It seems you're attracting the investors to buy shitcoins/meme coins at this time. Are you a believer of these coins? Because it's risky to invest in shitcoins/meme coins regardless of price, the hype and community supporting it since it has no real use case. Even though the profit could be immense if you happen to choose the one that not yet reach the ath and currently hype, but still it is not advisable to invest.

We are still in bearish market and majority of coins are still struggling to increase so be wise on choosing what coins are good and worth it to buy.

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October 27, 2022, 05:13:41 AM
 #56

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
It seems you're attracting the investors to buy shitcoins/meme coins at this time. Are you a believer of these coins? Because it's risky to invest in shitcoins/meme coins regardless of price, the hype and community supporting it since it has no real use case. Even though the profit could be immense if you happen to choose the one that not yet reach the ath and currently hype, but still it is not advisable to invest.

We are still in bearish market and majority of coins are still struggling to increase so be wise on choosing what coins are good and worth it to buy.
How many times speculators will need to learn the same lesson? The majority of altcoins will not show a good performance now, only when the market is going up almost every day those coins have any chance of attracting a great deal of investors to them.

But when this is not the case and the conditions we face are nowhere near of being optimal then altcoins do horribly, this is especially true for meme coins as in the case of other altcoins at least they have a use case which could help them to survive until the next bull market, but in the case of meme coins they are useless coins and only a handful of them like dogecoin and shiba inu will make it to the next bull run.

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October 27, 2022, 07:36:41 AM
 #57

While there's nothing inherently wrong with investing in cryptocurrency, the problem is that a lot of people are blindly throwing money at coins with no real value and functionality like shitcoins or memecoin.

For me, shitcoins or meme coins are launched with no real purpose other than to get rich quick by taking advantage of the hype around cryptocurrencies.

That why reason it's being called a shitcoin is because it's a poorly-thought out coin from the start, and all of its promised features will never materialize, or will fall flat when they do. 

They do this by launching with a big marketing push and a promise of revolutionary technology, but without actually delivering anything in terms of value. I think it is not good idea to buy or hold this coins.

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October 27, 2022, 10:04:10 AM
 #58

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
What are Shitcoins?
First of all nice name OP. Regarding the topic of the thread. I don't think that it is shit-coin season and i really hope that there won't be another shit-coin season like the one we had a year ago again, because in my opinion it did hurt the crypto market as a whole and was also one of the main reasons why we are in this bear market now.
I also think that all meme-coins are shit-coins because as they don't offer any functionality and the only reason those projects were started was that the team members wanted to hop on the dogechain hype train and to earn some quick and dirty money that way. None of those meme-coins should exist.
Is the name familiar to you? Because why I didn't find it nice but anyway for me, I think shitcoins and meme coins have no season but they are always present on this market. Every new project that has been created, there will always be shitcoins on it or those coins which has no great potential but they are only created for the sake of the owners to profit.

Also there will always be new popular events that will happen therefore we will always see a new meme coin that will be born along with that. Some time ago, it only look like it was a meme coin season due to Elon Musk which often mentions a meme coin on some of his tweets. Many coin creators then ride the hype.

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October 27, 2022, 11:43:05 AM
 #59

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
It seems you're attracting the investors to buy shitcoins/meme coins at this time. Are you a believer of these coins? Because it's risky to invest in shitcoins/meme coins regardless of price, the hype and community supporting it since it has no real use case. Even though the profit could be immense if you happen to choose the one that not yet reach the ath and currently hype, but still it is not advisable to invest.

It is just the way OP introduces shitcoins and meme coins to newcomers and falls into these worthless projects.
I don't know what is the benefits he got from doing this but judging from it, it was likely he make a lot of money from tricking people. That was actually an unacceptable offer, we instead educate people and told them about the risk and possible losses if we invested these coins. But unfortunately, OP declined to state it but only encouragement.

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abel1337
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October 27, 2022, 12:22:50 PM
 #60

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
It seems you're attracting the investors to buy shitcoins/meme coins at this time. Are you a believer of these coins? Because it's risky to invest in shitcoins/meme coins regardless of price, the hype and community supporting it since it has no real use case. Even though the profit could be immense if you happen to choose the one that not yet reach the ath and currently hype, but still it is not advisable to invest.

It is just the way OP introduces shitcoins and meme coins to newcomers and falls into these worthless projects.
I don't know what is the benefits he got from doing this but judging from it, it was likely he make a lot of money from tricking people. That was actually an unacceptable offer, we instead educate people and told them about the risk and possible losses if we invested these coins. But unfortunately, OP declined to state it but only encouragement.
There might be no benefits from posting OP sentiments about shitcoins and memecoins but surely we proven that most of us here agree that buying those coins today will put you in a dire situation knowing that they majority of them are destined to fall and lost it's value. I also think that there's not much differences in charts between those famous meme coins (except doge) vs the other tokens in the market today.
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