Topic: Shit coins era is going to end - page 5. (Read 1271 times)
Strange to hear about it as Shitcoin era is ended haha really is there was any era about Shit coin i dont believe it the shitcoins are like the air 🌬️ disappear without leaving any sentiments except for the Cooling Effect haha i like it. As cooling effects in the hot summer but this year summer was too hot 🔥 due to Bear attack.
The number of coins and tokens registered today is more than 22k, I followed the number of cryptocurrencies since 2014, at that time what I knew was only 300, so in 8 years appeared more than 22k or almost 2500 per year, and the fact was more coins or tokens which is a scam.
With so many coins available, we also need to be extra careful in making decisions to buy coins,scam tokens will never disappear so we can't avoid completely,
coins will also continue to grow over time
Very crazy how they come up with silly ideas without a solid foundation and yet expect the project to succeed.
Some even have crazy APY, promising investors of getting millions of dollars when they invest $1k.
A good project must meet a need or solve a problem. You don't just wake up and create a token without a use-case, it will fizzle out within weeks.
I am still some shit coins that will never grow again, why because the dev have probably abandoned the project.
Some even have crazy APY, promising investors of getting millions of dollars when they invest $1k.
A good project must meet a need or solve a problem. You don't just wake up and create a token without a use-case, it will fizzle out within weeks.
I am still some shit coins that will never grow again, why because the dev have probably abandoned the project.
Everyone is hoping to have it though. But to see what is going on now, we instead see them growing and multiplying more than I can say was impossible. Might soon their numbers will down and developers will get tired of creating worthless projects but we can't also neglect the possibility that one day these legit projects will turn into scams or worthless, just like what happened to Luna. Whether we like it or not, shitcoins have been a part of crypto since before and it will only be totally gone once the entire crypto market will die as well.
The crypto market is extremely vulnerable and weak these days specially with all this shits going on. So sad, I'd like to believe that shitcoins is temporary and it's about to end soon but the way things are proceeding, I can't help but fear that it would never happen. As long as there are legitamate projects, there will also be pitiful projects. The only way to protect yourself from this possible risk is to learn everything about the market, so you can better distinguish between real projects and those that are just scams.
I highly doubt that I mean there is a decline right now but still they keep pumping out those coins days after days and seriously dont forget more dogechains and shibchains are coming and they are going to support lots of memes and they will have a dedicated L1 for their activities and that mega memes to me I dont for once think they will stop maybe just improve and get utility
The number of coins and tokens registered today is more than 22k, I followed the number of cryptocurrencies since 2014, at that time what I knew was only 300, so in 8 years appeared more than 22k or almost 2500 per year, and the fact was more coins or tokens which is a scam.
It was increasing drastically. The scam tokens were inflating so much compared to the a few years before. It's caused by there are more protocols that makes token issuance become even more easier compared with before. that was also making the total tokens created by scammers are also increasing a lot. Im not feeling surprised to see this happens with it. it seems like people must also aware about that the era may not end soon. To be honest, I find this quite normal, as the number of layer 1 and layer 2 projects has also seen a significant increase, so it is understandable that shitcoins have also seen an increase from there. And the number will continue to increase as the market expands, the more popular the cryptocurrency, the more new people join, the more shitcoins projects, scams will follow. This is unavoidable, there will be no way to stop these shitcoins as this is an open market, free to grow. we just ignore them and only work with potential projects.
Everyone is hoping to have it though. But to see what is going on now, we instead see them growing and multiplying more than I can say was impossible. Might soon their numbers will down and developers will get tired of creating worthless projects but we can't also neglect the possibility that one day these legit projects will turn into scams or worthless, just like what happened to Luna. Whether we like it or not, shitcoins have been a part of crypto since before and it will only be totally gone once the entire crypto market will die as well.
The number of coins and tokens registered today is more than 22k, I followed the number of cryptocurrencies since 2014, at that time what I knew was only 300, so in 8 years appeared more than 22k or almost 2500 per year, and the fact was more coins or tokens which is a scam.
At the same time, 12,000 #crypto projects have ceased trading this year, Nomics reports.
Source : 12,000 #crypto projects have ceased trading this year, Nomics reports.
I am not saying shit coins will end permanently. Even if scammers find it lucrative, Investors doesn’t play dumb role always.
The number of coins and tokens registered today is more than 22k, I followed the number of cryptocurrencies since 2014, at that time what I knew was only 300, so in 8 years appeared more than 22k or almost 2500 per year, and the fact was more coins or tokens which is a scam.
It was increasing drastically. The scam tokens were inflating so much compared to the a few years before. It's caused by there are more protocols that makes token issuance become even more easier compared with before. that was also making the total tokens created by scammers are also increasing a lot. Im not feeling surprised to see this happens with it. it seems like people must also aware about that the era may not end soon. hero member
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Shit coins will continue to appear, this is because it is easy to make coins or tokens and only need to pay $10k or less to pass the audit, then pay another $10k to be available on some exchanges, only strict rules can limit shit coins.
Yes, that's correct. The presence of shitcoins can tempt new and old people to invest and hope to get big profits. But those who are experienced and can know which coins have potential or shitcoins will not choose these shitcoins because it is of no use to them.They will not try to invest or if they want to invest and forget about it, they just use small money and don't expect much.
Shit coins will continue to appear, this is because it is easy to make coins or tokens and only need to pay $10k or less to pass the audit, then pay another $10k to be available on some exchanges, only strict rules can limit shit coins.
however, this is a normal business but it can make a lot of money for those coin makers. just make a small project and make their community big. trying to hype their token. and quickly I guess developers can benefit.those who are inexperienced may find it difficult. but those who have tried it and succeeded will continue to make scam projects with their shitcoins.
You are right, but maybe with a different concept than now.
The crypto market will continue to experience different hype every year. And there are ways for scammers who intend to follow the hype. maybe now the shitcoin is starting to fade but if the market turns bullish again there will be people who invest in the shitcoin.
The crypto market will continue to experience different hype every year. And there are ways for scammers who intend to follow the hype. maybe now the shitcoin is starting to fade but if the market turns bullish again there will be people who invest in the shitcoin.
Different concepts make crypto known to people, but the current concept is so unreasonable that it makes people shake their heads,
and you are very right when bullish there are many projects that come and rely on hype and there will definitely be buyers
Buyers will try to use everything to buy the tokens to get fast profit during the bullish market. People didn't care so much about what kind of token they bought. The whales will be also pumping the shit tokens when the bullish trend will come. The shit coin era will never end.
Even if the shit coins are dead and it doesn't mean someone with bunch of money can't pump them. The dex was available forever.
The main target of investors is certainly profit, they do not care about the token whether to have the potential to skyrocket in the long run, and in my opinion this is natural because anyone who invests in cryptocurrencies is aimed at profit
You are right, but maybe with a different concept than now.
The crypto market will continue to experience different hype every year. And there are ways for scammers who intend to follow the hype. maybe now the shitcoin is starting to fade but if the market turns bullish again there will be people who invest in the shitcoin.
The crypto market will continue to experience different hype every year. And there are ways for scammers who intend to follow the hype. maybe now the shitcoin is starting to fade but if the market turns bullish again there will be people who invest in the shitcoin.
Different concepts make crypto known to people, but the current concept is so unreasonable that it makes people shake their heads,
and you are very right when bullish there are many projects that come and rely on hype and there will definitely be buyers
Buyers will try to use everything to buy the tokens to get fast profit during the bullish market. People didn't care so much about what kind of token they bought. The whales will be also pumping the shit tokens when the bullish trend will come. The shit coin era will never end.
Even if the shit coins are dead and it doesn't mean someone with bunch of money can't pump them. The dex was available forever.
There are many other shitty coins. Hundred different concepts. None of them has proper utility.
Hope its a end of those shitcoins.
It's going to end in a few years now we will hardly read new coins without utility that is being launched, investors have enough of these shitcoins with only whitepaper to show to the community, without a model platform but even if they have a platform or utility it should be something that majority of the community can use and benefit, there are so many useless platforms or copy cat platforms, the market is saturated with useless platforms that investors should do a lot of research in these utilities.
shitcoins is eternal since it's the incarnates of scammers, it will always appear in the future, it's just the current trend isn't really suited for these scammers in scamming since mostly people are holding from investing which means lack flow of investments therefore the scammers consider this isn't the right time but see the next bullrun the shitcoin will be appearing again and there will be many rugpulls again, it's better if the newbies start learning that shitcoins isn't really investments it's gambling.
We will never see an end to new shitcoins. It is too easy to launch a new coin anonymously and then when your token goes to zero you just launch a new token. There is always some influencer with no shame who is willing to promote even the shittiest of shitcoins. There is always somebody willing to buy these tokens so the motivation will always exist to keep launching new tokens.
I don’t shit coin eara will be end, we can't stop to come such projects in the market, because some people try to make money 5x-100x by shitcoins investment, sometimes they're success but mostly people's lost their fund, because all of the projects aren’t shiba inu, where early investors got big profit. Market is bearish so that mostly shitcoins are going dead but those are waiting for the bull market.
need long time for market to recover investors trust about shitcoin after Soo many shitcoin dying now. Maybe investors Will thinking many time to get it, i am agree with you its truely be speculation purpose to get multiple gains in short time. Alot people want get their luck just like in Shiba ibu project, but fact said different.As long as the bull market returns, new shitcoins will appear again. I think it doesn't take time to restore confidence, for old investors, they are familiar with shitcoin and there are a lot of people willing to invest in it as long as it can be profitable for them, they know its risks but they are willing to invest. The newbies, who like to get rich overnight will be attracted by the huge ROI of shitcoins generated. It can be said that shitcoins will never die, they will always be on the market, it is a shark's favourite enrichment tool so don't expect them to disappear forever.
No, not today, even in few more years. This so called shitcoins are the ones sometimes firing up the boring area of crypto. Where it indirectly influence people to trade other shitcoins and grows hype to the crypto community, although it's only temporary, it will burst later on.
Also, the bad side of it. Where the whole community is attacked because of on X project scammed it's users or the platform is hacked.
Because bitcoin is always be bitcoin, no more feature it can possibly be added, people only getting hyped when a practical BIP is introduced, and getting hype from influenced people or some specific country's government decision.
Also, the bad side of it. Where the whole community is attacked because of on X project scammed it's users or the platform is hacked.
Because bitcoin is always be bitcoin, no more feature it can possibly be added, people only getting hyped when a practical BIP is introduced, and getting hype from influenced people or some specific country's government decision.
I don’t shit coin eara will be end, we can't stop to come such projects in the market, because some people try to make money 5x-100x by shitcoins investment, sometimes they're success but mostly people's lost their fund, because all of the projects aren’t shiba inu, where early investors got big profit. Market is bearish so that mostly shitcoins are going dead but those are waiting for the bull market.
As long as the crypto industry continues to exist, shit coins must continue to exist and also scam must continue to exist. Shitcoins/scam coins are not complementing or accompanying the crypto industry. They are part and parcel of it and will continue to exist as long as the industry exists.
It seems it slowed down because of bear, it will remain this way until after the halving, you will see another phase of shit coining. What is required of everyone is to know the direction they are going and stick to it if it's reliable.
Tell those gamblers to the shit coins to stop buy more and more shit tokens for gambling purpose. As long as there will always be people who gambling with the shit tokens and im not feeling doubt if the shit token will always exist no matter what happened with market.
The problem is there are so many gamblers., If these gamblers are not buying shit token and then shit token will die
If buying shitcoin can be stopped then of course it will be ended but is it possible?The problem is there are so many gamblers., If these gamblers are not buying shit token and then shit token will die
At the current state of the cryptocurrency industry, I do not think it is possible for the creation of shitcoin to stop. There are still no regulation on how crypto project is created. I think it will be minimized if the government intervene and requires cryptocurrency start-up to be registered other than that, I do not think there is any solution to stop the shitcoin era.
Because new coins are constantly being added to the market. I saw a few days ago on coingecko.com that there were only a little over 12k coins but today I see it is over 13k+. Gambling is done by these tokens. Again most people invest with having the awareness. They just consider it as the winning lottery. So I think there is no way to stop the shitcoins.
True, they are constantly created, sometimes I got a hunch that most of these shitcoins are created by some group of individual, taking advantage of trend and hype in order to confuse and make a money grab on the unsuspecting investors and newbies.
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