Just because it's called a shitcoin doesn't mean it really is - page 3.

judeafante

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Quote from: mersal on July 01, 2020, 09:40:54 AM

Shit coins doesn't mean you can't make profits from that coins, you can still make profits but we can't be sure how long those coins will exists in the crypto market.Shitcoins are nothing but another coin with the no real purpose of existing.So you need to be careful while holding those coins.

So many coins are created to become a pump and dump coin, their lifespan is very short you can possibly lose a lot of money if you keep holding shitcoins and you donot know when to exit, you will burned holdingshitcoins and they are the scorned of the industry, it's better to focus on coins that have proven their worth for a long time already.

electronicash

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if they are not making money out of it, its shitcoin. you obviously has a bag of electroneum maybe from mining from phone as they claimed to be. i could have been mining the coin too if i just knew the team is that good but nope.

i just learned from this team that it can be used to purchase. if it does find its way to make demands for investors why not. congrats to baggers.

rhomelmabini

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

If the coin was just on the mercy of signs I can call them shitcoins at all. The thing to consider a shitcoin are those involved on a pump and dump schemes, they may have value but if they can't provide a good use for the community then let them stinks as shits.

Tell me what's so good about ETN and Apollo in your own opinion OP? What could it bring to the community?

pilosopotasyo

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

If you are losing money and your expectation about the coin that you've invested in is not delivering and developers don't care, it's ok to call this coin shitcoin, a good coin always a work in progress and they prove it by giving investors update about the project.

mersal

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

Shit coins doesn't mean you can't make profits from that coins, you can still make profits but we can't be sure how long those coins will exists in the crypto market.Shitcoins are nothing but another coin with the no real purpose of existing.So you need to be careful while holding those coins.

ethereumhunter

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Yes, we can make money from unpopular coins because that coin can get a pump in anytime, but that will be too risky to play around with that coin. We don't know when the coin will increase, and we can only hope that soon the coin will get the time to increase. But all coins in the crypto world will have the risk, and you should know how big the risk if you choose the unpopular coins. That coin will not survive in the long term because not many people support the project and many of them will leave the project as soon as they can make a lot of money from the project.

viananda2525

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Quote from: josgandosbro on July 01, 2020, 08:29:40 AM

yes actually only a few projects called shitcoin managed to show if they are not as people say, but remember it's only a few projects. the other is clearly shitcoin

now that's wrong. actually there are many shitcoin in cryptocurrency market. ethereum founder ever said that only less than 5% project could survive in market , and another on will be shit coin or shit project which is have no usage in crypto market or in life adoption.

hatshepsut93

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

People don't call coin a shitcoin just because it doesn't have high returns, a shitcoin is a coin with poor fundamentals which means it has no long term potential. In short term even the shittiest coin can surge, and it even happens a lot, because shitcoins are subject to pump and dump schemes. Electroneum and apollo and both good examples of a shitcoin - they may look attractive, might have some short term momentum, but in a few years they will trade for 1 satoshi at best, or will just get delisted from all exchanges. Or maybe miners will abandon them and their networks will die.

josgandosbro

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yes actually only a few projects called shitcoin managed to show if they are not as people say, but remember it's only a few projects. the other is clearly shitcoin

tiang_tower

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Quote from: Byakuga on July 01, 2020, 03:35:32 AM

Some shitcoins are shitcoins because they lack real use case or they are build by money grabbers but some good coins are mistakenly taken as shitcoins because of slow development or called shitcoins because people don't meet their expectations

It would be very ridiculous too if some people consider shitcoin on a coin because it does not meet their expectations, because the evaluation of shitcoin does not lie in the expectations of some people but in real use cases.

Nhor1011

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

I think ,i need to keep my "shitcoins",who knows one day it will have value like the coins you mentioned.
Anyway,not all coins are bad,but because of no clear usage and the progress of those project are slow as a turtle and with low marketing strategy that's why it was called shitcoins but as the day goes by,the project team did a lot of effort just to survive those coins and give it a value in the market. well,still much better to choose and hold those coins with great possibilities to grow in crypto space and can be use in some cases or with a real use in the future like bitcoin and ethereum.

blockman

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I'm very much good with bitcoin and I'll say that it's still the most profitable cryptocurrencies of all. If you guys are good with altcoins and it's more profitable to you, that's your choice and you can have your own opinion with it.
But it doesn't mean if it's effective to you, it should be effective to others. Like myself, if I say bitcoin is profitable which the majority will say, others will disagree as they say some altcoins are profitable to them base on their experience.

tsaroz

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

People have their own preferences and perception. For most, the ones that doesn't yield them quick profit are shitcoins. But we as an investors can't call a coin good if it doesn't give us any profit in 4+ years. Some projects keep on doing the small tasks and keeps the coin moving while some coins development are only limited to their social media. And there's no straight line between a probable project and a shit project. It's better not to shame other coins unless it's a total scam.

Samayuki

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Don't ridicule a project because others said they are shitcoins, I will gladly hold any shitcoins in my wallet as far as I'm satisfied with the team and project's use case, I don't invest on projects because people told me so, I have my own reasons, are they shitcoins? Thank you I'm satisfied with my shitcoins

Shallow

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I think for a coin to be called shitcoin it means it has no value (or appropriate use case) and the team won't be doing anything tangible to revive it. But however, there are still coins whose team might be working but the price won't be like what we want it to be, in this case I can't term them shitcoins, just like in the case of ETN.
From another angle, people have different opinions about shitcoins, to some people, once a coin gives them profit or massive gains it is not a shitcoin while to some, if a coin have no use case, then it is a shitcoin.
But in all, if one looks closely, it has been coins with good and applicable use cases that keeps attracting massive attention thus exposing more about the crypto space to the world.

BayAngelo

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You are right in this. most tokens that we claimed that are shit have real values and are meaningful. what they lack is proper marketing and wrong management. Most has decent roadmap but how to make it a reality is a problem. just because they have low volume does not means they are bad. sometimes, the process to achieve the success needed is quite Hard.
it is a rough road.

ife2020

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

This is a valid statement with proves around, And yes HEX comes to mind, after hex then there is this projects AZBI bounty, it ended up having a good value after listing on idex exchange. This is why you need to shun criticism and only pick valid points from there. Do not judge a project because others judge them, judge a project because it is worthwhile.

Byakuga

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Some shitcoins are shitcoins because they lack real use case or they are build by money grabbers but some good coins are mistakenly taken as shitcoins because of slow development or called shitcoins because people don't meet their expectations

Ken_terrance

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Compare to how team member of new projects are today electroneum team are better because they never give up, more use case will be implemented in future, many thing otherwise against this coin but it's only a matter of time they will be surprised, capable team is all what a new project needs, even if a project has a very good use case if the team aren't capable the project will fail, that's not the case with electroneum

Iyanu14

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Quote from: VDraci on July 01, 2020, 02:32:33 AM

I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.

You're very right in some aspect. At times, abandoned stone can become the chief cornerstone. Shitcoins to some people may be projects that do not really have any appreciable value in the market again. In the other hand, definition of shitcoins to some people may be projects that are dead and their developers have ran away. What I believe is that coins/tokens that are still in the market but at a very low price to our expectations can still make it during bull run or sometimes when market situation improves, so we should not completely term them as shitcoins.

Topic: Just because it's called a shitcoin doesn't mean it really is - page 3. (Read 341 times)