can shit coin be the best coin if the project and product is real ? - page 5.

fortunecrypto

legendary

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 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 think you have a vague conception of shitcoin, a shitcoin is a coin is just a copy of an existing project, developers not updating the project and totally ignore all development queries, if they have a product and the price is down , it's just normal for a coin that is just starting out, it will eventually recover once investors see some development.

z21770179

sr. member

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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.

Rohtox

full member

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First, what is meant by ShitCoin.
Honestly, I myself think that ShitCoin is a Coin/Token that is truly worthless, there is no progress in development, even (mostly) it is lost and its existence cannot be found anymore.

If it's only limited to a price reduction, I don't think it's worthy of us to call it ShitCoin, because it needs to be seen also how the project of the Coin/Token runs.

For the record, at the beginning of 2019 even the Bitcoin has experienced a very large decreasing price. So is Bitcoin also included in the ShitCoin category as you said above? CERTAINLY NOT

coinswebid

sr. member

Activity: 1092

Merit: 250

Quote from: Handsome Boy on July 03, 2019, 10:44:46 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 think if the development from project still active and the project has a running product, thats a sign if the project is not a kind of shitcoins
maybe the price down hard, because people didn't believe with the project and less demands in the beginning,
but i think a smart investors will drop their money to a kind of project like this

florac9

jr. member

Activity: 280

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☀️ Iskra Coin ☀️

The fact is many coins that loses value today will regain value in the future,those tokens that loses value and then died in the process are the ones with no real use case or they are backed by worse teams so not all coins that loses value are shitcoins

OptimusPrime_3

jr. member

Activity: 308

Merit: 1

Quote from: Handsome Boy on July 03, 2019, 10:44:46 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 the things you see in a project before you can call them a shit coin? Just because the price is down doesn't make it a shit coin and if the project has a good product or use case, then the price will surely rice.

slaman29

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Livecasino, 20% cashback, no fuss payouts.

Quote from: Handsome Boy on July 03, 2019, 10:44:46 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 coin doesn't become a shitcoin AFTER the project and AFTER the raise. A shitcoin is born as a shitcoin. Some shitcoins do become good coin. For example, don't be mad, Ethereum guys, but Ether was a shitcoin as soon as they split from Ethereum Classic;) But you can't turn a rpoject into a shitcoin, if it ever is called one, it's because it always was one. And you as an investor should know that 100%.

Chika08

jr. member

Activity: 544

Merit: 1

Quote from: Handsome Boy on July 03, 2019, 10:44:46 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 ?

the question you should first ask is, what or why the price is down once listed on an exchange. So that's not a reason to say a coin or token is bad. And to answer your question, yes the price of the said token can rice again one day. I have seen many projects like that

Shinpako09

legendary

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You just said it, shitcoin. How come a shitcoin can have a good project and product? Ones an investor know it was a shitcoin, they will hold back right away. Even those coins behind leading coins are being cold by others as shitcoin or not a good investment. Then how come if the coin was known as shit coin from the very start.

VDraci

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There are few projects that is backed with working product but are down in value now ,for example electroneum and yet updates is still on going ,this is what keeps good coins alive ,just because a coin or token lose value doesn't mean its shitcoin

Jpti

member

Activity: 560

Merit: 10

I think shit coin means a coin that is dropped to almost zero price and its project has severely failed. But its team, concept are good and the project is still working hard for a success. There are possibilities for such 'shit' coin to revive and increase its value. For instance, Ripple could not increase its price as expected for long. But now its value has increased and is doing well in the market.

VanDeinsberg12

hero member

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 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's possible but how can you recover the reputation of the shitcoin? this is the difficult part when you are starting with shitcoin to create a good product. People remember about that and that is a big challenge to change people's mind about that. A good product doesn't mean you can recover its reputation instantly.

vladimirhf

member

Activity: 590

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 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 ?

Maybe. They could go far reaching millions of users. For now the number of users of dapps is very low, we don't know which ones will survive for 5 or 10 years. Even good ideas can fail or get replaced by more complete projects.

If you are buying utility tokens looking for a short term return you are doing it wrong. they are not investments, this is pure speculation. Smart contracts platforms (like cardano, neo, stellar and others) have better chances for mid-term returns. Who bought stellar 2-3 years ago already made good profits. Research well before buying anything.

Quote from: Nalbo on July 03, 2019, 10:51:33 PM

Decreasing in price of a coin doesn't make it a shit coin.

exactly. if you call something "shit" better don't spend on it Grin

often people use the price as a measure of project quality, but unfortunately the market cap doesn't reflect that.

Nalbo

full member

Activity: 874

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Quote from: Handsome Boy on July 03, 2019, 10:44:46 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 ?

Decreasing in price of a coin doesn't make it a shit coin. The coin that has is good just in paper and has no any development, no real world use and is just a speculative pump and dump can be called a shit coin. Anything that is promising wont be devalued largely. If the project is good, whatever amount the people may dump, it'd still get a good price.

Handsome Boy

copper member

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I ❤ ₿itcoin and Ethereum

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 ?

Topic: can shit coin be the best coin if the project and product is real ? - page 5. (Read 865 times)