The first question is, what is a shit coin? This is seen as a coin which lacks what it means to be a cryptocurrency such as a real product which is as a result of no active or experienced team.
So if a coin have a working team, then there will be a product and if there is a real product then it is not a shit coin. Even if the price is low, it will still grow.
Topic: can shit coin be the best coin if the project and product is real ? - page 3. (Read 845 times)
July 04, 2019, 07:59:31 PM
July 04, 2019, 07:48:25 PM
In my own understanding or opinion, a shit coin is a coin with no use, no working product and no active team. Now if a coin is backed by a working product and active team, even if the price is down on exchanges, it is not a shit coin. What that coin needs is time and patience from its investors to allow the team perfect their ideas.
Shitcoins has no real products thus the name and the price will keep going down as the team is not active.
Shitcoins has no real products thus the name and the price will keep going down as the team is not active.
July 04, 2019, 07:31:40 PM
There is a reason why it was called like that.
but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?
It's possible that it can go higher than the ICO price but people will still decide to call it as what it has been called before. July 04, 2019, 07:21:41 PM
as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?
I believe that the major driver of the intrinsic value of a coin is the project backing up the coin, of the project is real and acceptable, the coin will definitely survive because the coin will gain its survival despite the market condition because of the value project creates to its users. 
July 04, 2019, 07:16:46 PM
If you mean the coin that has a real product to be used for real utility in the future, yeah there is a big probability. So far the product is launched, alive, and also used, the token value will be increasing during the time. And it may not be a shit coin, just having lower value at this time
Maybe its right but suddenly when people seeing a shitcoin they probably thinking it has no real product but in shitcoin you can earn x1000 or higher if the project being hype by the people remembering the time when people thinking that ethereum is a scam but look what this project now so shitcoin with real product can be boom in the market.
July 04, 2019, 07:15:15 PM
We can't say any coin as a shitcoin by considering the price of these days, Product and implementation of project is the success of those coins. When product is finalized, Price will increase. As bitcoins behavior of these days, altcoins are dumping more and more, But when bitcoins gets stable situation will be changed. If any project is still working, it will have better future.
I don't think you will consider a coin as shit coin if there is real product and usage. For me, a shit coin is just for dev's profit and there's nothing more than that. No developments but mere crap talks to increase their value in the exchange. But if a coin has real application in the market and later on, they are being actively used, I strongly believe that they will increase their worth in the market because of its demand from the users.
July 04, 2019, 07:12:13 PM
If you mean the coin that has a real product to be used for real utility in the future, yeah there is a big probability. So far the product is launched, alive, and also used, the token value will be increasing during the time. And it may not be a shit coin, just having lower value at this time
July 04, 2019, 07:10:20 PM
We can't say any coin as a shitcoin by considering the price of these days, Product and implementation of project is the success of those coins. When product is finalized, Price will increase. As bitcoins behavior of these days, altcoins are dumping more and more, But when bitcoins gets stable situation will be changed. If any project is still working, it will have better future.
July 04, 2019, 07:03:39 PM
as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?
What are your basis in considering a coin a "shitcoin"??For me, I don't consider it a shit coin as long as the project is under development. Aside from that, as long as the community is still active and the team is still active then it is not considered as a shit coin. Price decrease doesn't mean that it is a shit coin already because its price depends on the buyers and sellers. If the project is still running even the price is low then it can be one of the best in the long run.
July 04, 2019, 06:40:24 PM
as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?
it is also important but that success will not depends on the product only because there lots of effort will be important for the success to be happened so if you're coin is successful then the behind work will be more important for anything and people also need to support that. July 04, 2019, 06:39:12 PM
as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?
if indeed the project is real and has a product that is needed by everyone, just a matter of time until the price of the coin rises. maybe now you see the coin is like a trash, but in the future when everyone needs the coin, the price will definitely rise.
but keep in mind this applies if the project is real.
July 04, 2019, 06:02:43 PM
Sometimes, we consider that very low value coins will be always a shit coin. However, in fact, we can analyze more about the coin whether included in shit coins or not. Let's see how their concept. If they have a great real product, sometimes the coin can have better value and increase again. Of course, it depends on how the team will develop their token or coin as well as possible.
July 04, 2019, 05:47:41 PM
The coins which are now considered as great coins started from somewhere before it got to where it is now, we should just refrain from being quick to classify some coins as shit coins especially coins with real products. i could surprise you the value you will one day wake up to see. It takes time but surely those coins will get up there too.
July 04, 2019, 05:18:08 PM
When a altcoin get traction among the public is hard to predict and can always happen. Where it was mostly for the specs and roadmap these days it are the prices and volumes that defines a 'good' coin.
July 04, 2019, 05:13:11 PM
If the new alts/tokens have price with 10-50 satoshi then even this is drops then i recommend or suggest to buy that because many users do strategy to buy in that time example if you know hot in Binance like this have price with 10 satoshi in the past then grow high so if you buy in that time then you can really earn big still buy affordable always like me i do invest only 0.005 btc now in new alts/tokens
July 04, 2019, 05:04:37 PM
as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?
Noone chooses the project just because of increased prices and it is not rocket science to make an investment decision with gained experience. Shitcoins are shitcoins and no prediction will be a reality if the ever real working product they gonna release. July 04, 2019, 04:58:03 PM
If their project is successful I am sure that the price of the project coin will increase and increase greatly depending on the popularity and use of the project.
I agree with you. it would be even better if the Project developers were more active in their products would be even better especially at the price of shit coin. we don't know what will happen in the future. but I believe bad coins will someday be useful in the future July 04, 2019, 04:48:24 PM
If the project or product is shit, then the whole ecosystem of this project is shit which includes its token(coin)!
This basically works on the concept of two wrongs don't make it right and this remains to be the case.
This basically works on the concept of two wrongs don't make it right and this remains to be the case.
Coins that have a product is much more reliable although the price of some coins is very small. But this does not mean that the project is not developing. Very often it is imperceptible. And we begin to understand this when the price of a coin rises exponentially.
Honestly I don't believe in your theory because coin performance is the reflection of the project/product. If project is so good it should have no problem of getting investor support as these guys are not short sighted, they pretty much understand this ecosystem could be a long term arrangement and aren't petty about volatility. July 04, 2019, 04:36:48 PM
as we know now, many new coins listed on exchange and the price immediately down very much, so many investors are disappointed and regret having invested in coin because coin have become shit coin even though the project and product of coin are still running, but will one day the price of coin can increase very high and even exceed the ICO price if the project and product is real and useful in the future or still does not affect for the price of coin and coin still become shit coin ?
A shit coin cannot be a great project
But it can be of good values to hodlers if it moons beyond imagination and provide real values
Avoid shit projects and find out about deflationary tokens, real product tokens amongst others
July 04, 2019, 04:33:44 PM
Even if there is a product that is used, it does not mean that the price will increase in the near future. We need mass adoption of cryptocurrency in general and the product in question in particular. Until this happens, the increase in the price of the asset does not reflect its true value; this is just a market speculations.
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