Topic: can shit coin be the best coin if the project and product is real ? - page 4. (Read 845 times)
July 04, 2019, 04:20:43 PM
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.
July 04, 2019, 04:13:37 PM
Of course, the project has to be real and useful for humanity, the project has to have true and consolidated roots so that the investor or sympathizer has confidence in the product or asset that is investing. We must not forget about marketing and community.
July 04, 2019, 04:00:36 PM
I have a lot of examples that every coin could be in top, expecialy if project have good and working project! Also every day we see new and new growing coins and altcoins
July 04, 2019, 03:18:27 PM
Anything can be real about a project; talk of the team, the product and many more, but how useful is the product most especially. Also, a product can be very useful, but there might not be enough marketing to bring about more as awareness to the general public. Also, how active and vast is the community?
July 04, 2019, 02:48:21 PM
Yes, you just never know, this market is highly volatile and it can make or break you, i already have regrets about missing out on a project called countinghousefund where an ico investment of 10eth reached 150 eth when eth was sinking and even now it is trading at 20 to 30 eth if we compare it with 10 eth ico investment, while most people including me was skeptical about such a project but we saw it produced massive resturns and results for investors and hodlers.
July 04, 2019, 02:43:40 PM
Actually, there are so many coins in the market that don't have any purpose or any products nor services that they should provide to the crypto world. They still have a value but it doesn't mean that they will grow in the future because if your project doesn't have product or service then for sure you'll get bankrupt you know that.
Products and services help the project to grow more and not just the coin or token. shit coins have value but it cannot be the best I guess.
Products and services help the project to grow more and not just the coin or token. shit coins have value but it cannot be the best I guess.
July 04, 2019, 02:21:50 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 the project develops and the finished product works, then even if the coin or token falls in price, they cannot be considered as crap. There can be many reasons for the fall in prices for cryptocurrency, including the general poor state of the cryptocurrency market. Now the price of cryptocurrency depends on the price of bitcoin. Until now, many coins and tokens are weakly rising and the price after the bitcoin price fell last year. So why blame these cryptocurrency projects for this? 
July 04, 2019, 02:18:08 PM
I cannot invest in a coin which do not have at least an MVP, because I am pretty sick of projects that want to collect 70+ million USD by having only a whitepaper that contains 10 pages. Always select projects that have a working product and you won't lose money.
July 04, 2019, 02:09:52 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 ?
Well, first of all, I do not know people who invest in ico , I invest in ieo and those projects that appear there give very good money , it is better to avoid ico , earnings have long passed on ico 
July 04, 2019, 01:32:31 PM
You can be sure that you will not make a mistake if you buy shitcoin which has a product. This coin is much stronger than many popular cryptocurrencies. If you analyze the market and choose projects with the product, you can get a very good profit.
July 04, 2019, 12:51:28 PM
if the project continues to work despite the fact that the coin will lose its value, then in the future its price, of course, will change
July 04, 2019, 12:40:29 PM
It depends on a lot of factors.
Mainly, the utility and liquidity of the coin.
There are actually a lot of projects out there that have their own economic cycle.
So even if the price of the coin is low on an exchange, its use and volume in the system keeps the project going.
Crowdholding is a good example of this.
It has its own token economy set up and has been growing and doing great even though the token is only on IDEX and worth almost nothing.
Projects like this will eventually hit a breaking point where there is enough use and support that it goes mainstream.
AFter that, value on the coin will naturally rise.
In my mind, these types of projects are worth investing in way more than just speculative ones.
Mainly, the utility and liquidity of the coin.
There are actually a lot of projects out there that have their own economic cycle.
So even if the price of the coin is low on an exchange, its use and volume in the system keeps the project going.
Crowdholding is a good example of this.
It has its own token economy set up and has been growing and doing great even though the token is only on IDEX and worth almost nothing.
Projects like this will eventually hit a breaking point where there is enough use and support that it goes mainstream.
AFter that, value on the coin will naturally rise.
In my mind, these types of projects are worth investing in way more than just speculative ones.
July 04, 2019, 12:33:55 PM
SEQUENCE (SEQ) comes to mind. Super crazy active development that I have seen first hand, yet price drops. Thankfully it has stabilized and they are now gearing towards finally marketing the coin. I expect it to go 10x maybe even 100x from the current prices and even at 100x it STILL won't be as valuable as it was last year. Only listed on Bittrex though, does that make it a shitcoin?
July 04, 2019, 11:52:56 AM
It depends on how much funding they got from the ICO. I mean if they have enough money to actually build the project they always wanted to build and hire the people that would make it a reality and then they can do it.
For example, an ICO gets funded for 50 million dollars, you may think that is a lot of money and to you and me that is a lot but if you hire a coder for 200 thousand dollars a year which is a bit veteran but not the best salary out there (50-60 for intern-junior levels, 120 for sr levels and 200k for experts, 500k+ for CTO level people) and that is in highest paying place silicon valley.
So, lets assume you are there and you have a salary total of 5 million dollars a year, you will have trouble paying them all considering legal costs and business costs and taxes and rents etc etc come to play as well. But if you can make it work somewhere else and hire the best people and continue on your path then yeah you can make it back to over ICO prices of course.
For example, an ICO gets funded for 50 million dollars, you may think that is a lot of money and to you and me that is a lot but if you hire a coder for 200 thousand dollars a year which is a bit veteran but not the best salary out there (50-60 for intern-junior levels, 120 for sr levels and 200k for experts, 500k+ for CTO level people) and that is in highest paying place silicon valley.
So, lets assume you are there and you have a salary total of 5 million dollars a year, you will have trouble paying them all considering legal costs and business costs and taxes and rents etc etc come to play as well. But if you can make it work somewhere else and hire the best people and continue on your path then yeah you can make it back to over ICO prices of course.
July 04, 2019, 07:49:19 AM
Branding like so called shitcoin in advance is a kind of pre judging, Without consideration But as you mentioned that" IF the project has a real and useful product can be the best coin, for me its highly possible since if your project has a real use case the token demand will increased and also the price. Thats why Branding the low priced coins/tokens like "shitcoins" is not useful lets give them a chance as long as its authentic and honest project.
July 04, 2019, 07:36:03 AM
I don't think that will ever happen, shitcoin will still be like that and that's why it's called that.
altcoin has very bad progress and developers have given up developing coins.
my suggest is never to buy shitcoin because you won't benefit from it.
altcoin has very bad progress and developers have given up developing coins.
my suggest is never to buy shitcoin because you won't benefit from it.
July 04, 2019, 07:32:22 AM
the coins don't suddenly become shitcoins and they can't turn that around. when something is useless and is considered a shitcoin it is a shitcoin and it will die guaranteed. when you see they are starting it with a fund raising with any name such as ICO, IEO, STO,... or when you see the price of it dump immediately, or when you see the project is exact copy of hundreds of other projects that came before it and a lot of other things, they are all indicators and warning signs telling you that it is a shitcoin.
the fact that some people still decide to put their money into something like that even though there are a lot of red tapes to see, is their own naivete.
the fact that some people still decide to put their money into something like that even though there are a lot of red tapes to see, is their own naivete.
July 04, 2019, 07:25:11 AM
if it's true that the product can be useful in the future, surely the price will rise. but if after listing to the market exchange, the project stops, then the value will be stuck there and can even go down.
July 04, 2019, 06:43:37 AM
The definition of shit coin to me is not a good project or they just created the coin without project just like that, but if their project is still running and has potential while the price of the coin is still down, well for me that is not shit coin I believe that coin will increase in the future.
July 04, 2019, 06:34:14 AM
The investor tend to look the price project when it has been listed on the exchange. When the token/coin price down when it has been listed on the exchange continuesly and I doubt the project will be pay attention by most investors in the future although the developer make a big update for the token better. Shitcoin will always be shitcoin, moreover the project has delisted by many exchanges it could be the token will have no price anymore.
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