Shitcoins and Memecoins - page 2. | Bitcointalksearch.org

Yamifoud

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Quote from: Liz Truss on October 24, 2022, 03:23:45 AM

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.

Shitcoins are always been around and one of those is meme coins that turn into no-value assets that become shitcoins.
It was clear to our mind the value of these coins (memes and shitcoins), and they are just close to each other. As we could see, only Shiba Inu and Doge among these meme coins made their way to stay longer in the market while many of these kinds are dead. They are too lucky to have that support from the community because there's none, it is absolutely they are dead also.

justdimin

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Quote from: abel1337 on October 27, 2022, 08:22:50 AM

There might be no benefits from posting OP sentiments about shitcoins and memecoins but surely we proven that most of us here agree that buying those coins today will put you in a dire situation knowing that they majority of them are destined to fall and lost it's value. I also think that there's not much differences in charts between those famous meme coins (except doge) vs the other tokens in the market today.

It’s clear that the fundamentals are weak with these meme projects and that’s the reason why I am staying away from them. Tell me one thing that they do right aside from social media hype they get, anything else comes to mind? Of course not, the project needs to be a good one from the get go in order to get my money, when I checked the code, the team, the features, the additions, everything that a project has, needs to be good before it could be invested.

These projects have none of that and this is why ı dislike it, and I would never invest. NFT was similar too, it was just pure hype and had absolutely no proper reason for them to be that high.

Hamza2424

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Shitcoins are ahitcoins haha but meme coins are much bigger shitcoins in the catagory of the shitcoin.... Oops point is never trust Shit coins they are like the cool breeze from the refrigerator disappear in a few secs. Hype is not solution even its not profitable too as when you enter hype gets over and you get stuck into the trap.

vanesha

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Binance #SWGT and CERTIK Audited

they don't care about it all as long as they can profit whatever they charge from shitcoins still look good with the various concepts they create. but shitcoins are still shitcoins exploding at the beginning but those who are at the end of the entry will become stuck forever. I don't really follow the trend meme because it's a pyramid-like risk.

tvplus006

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To the Moon

Quote from: Altryist on October 27, 2022, 01:32:21 PM

Quote from: Yatsan on October 27, 2022, 11:24:38 AM

Memecoins are usually riding the 'waves' of demand. Given that whales are not that active especially during times of such, memecoins are negatively affected. These coins has no utility and market prices are solely dependent with demand, that is why. If ever there will be a bullish movement before this year end, for sure few tokens would only make it under category of memecoins.

But what is the use of this if only a few tokens out of a thousand can grow, the rest will remain useless garbage. There is no big difference, whether shitcoins or memcoins both carry big risks for investors. And if shitcoins at least sometimes try to portray some kind of activity, then memcoins seem to be just created for the sake of entertainment, some will shoot for a while, some will not.

Most of those who launch such shitcoins and mem coins set themselves the task of getting a quick profit by attracting newcomers to their pump, promising them a high income. And as a rule, they fail to do this, since newcomers are already coming to the market a little more educated than they were before. And accordingly, without reaching their goal, they completely abandon their project.

AzamNurWahid

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Quote from: dlightag on October 28, 2022, 08:48:17 AM

The cryptocurrency market is seriously on Red, which is bear market and is good to buy, as you said, shitcoin really do well during the bull run, any small thing, pumping and moving forward with the community support, therefore is good to invest on meme coin's while waiting for Bull Run.

Yes. This is a very difficult choice for all traders. If we invest in memes, I'm afraid this trend won't last long. But if this is possible, investing in coins in the top five ranks is an option that must be tried.

dlightag

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The cryptocurrency market is seriously on Red, which is bear market and is good to buy, as you said, shitcoin really do well during the bull run, any small thing, pumping and moving forward with the community support, therefore is good to invest on meme coin's while waiting for Bull Run.

Fatunad

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Quote from: iv4n on October 27, 2022, 05:14:55 PM

Quote from: tvplus006 on October 27, 2022, 01:29:54 PM

Quote from: Natalim on October 27, 2022, 09:56:24 AM

...I know Dogecoin has a huge community but this is not the ticket to say it was a good investment, not even with the others as we know that meme coins are mostly scams.

You can always use meme coins to get a quick profit, and not as a long-term investment. The last Doge pump was related to the news about the purchase of Twitter by Elon Musk. And it really was a very good opportunity to get 30% profit in the current bear market.

That sounds like pump & dump. And from what I saw Elon is doing exactly that, he is taking advantage of his huge/incredible/amazing capital combined with many followers, to pump and later dump some coins! As we could see he did it with Doge and Bitcoin.

Tell me if I am wrong, but before Musk and crazy Doge rise we all thought that meme coins are shitcoins! But Musk showed us that even meme/shit coins can get publicity if the right person moves the masses in his desired direction.

It could be always end up on being manipulative or something that could really be influenced by someone who do tend to hype it which we know that everything on cryptospace could really be that possible.
Even on the shittiest project that we do have could potentially rise its price once its been hyped or something but once it do really end up on making lots of investors lost its money then pretty sure that
we would be sharing up on the same impression is on which you would really be definitely be having a bad experience and wont really be tending to make yourself get on the second time mistake
once you do encounter it on the future.We do have lots of shitcoins in the market and this is why you should really make yourself that be careful on dealing with investment.

iv4n

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Quote from: tvplus006 on October 27, 2022, 01:29:54 PM

Quote from: Natalim on October 27, 2022, 09:56:24 AM

...I know Dogecoin has a huge community but this is not the ticket to say it was a good investment, not even with the others as we know that meme coins are mostly scams.

You can always use meme coins to get a quick profit, and not as a long-term investment. The last Doge pump was related to the news about the purchase of Twitter by Elon Musk. And it really was a very good opportunity to get 30% profit in the current bear market.

That sounds like pump & dump. And from what I saw Elon is doing exactly that, he is taking advantage of his huge/incredible/amazing capital combined with many followers, to pump and later dump some coins! As we could see he did it with Doge and Bitcoin.

Tell me if I am wrong, but before Musk and crazy Doge rise we all thought that meme coins are shitcoins! But Musk showed us that even meme/shit coins can get publicity if the right person moves the masses in his desired direction.

Silberman

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Quote from: Altryist on October 27, 2022, 01:32:21 PM

Quote from: Yatsan on October 27, 2022, 11:24:38 AM

Memecoins are usually riding the 'waves' of demand. Given that whales are not that active especially during times of such, memecoins are negatively affected. These coins has no utility and market prices are solely dependent with demand, that is why. If ever there will be a bullish movement before this year end, for sure few tokens would only make it under category of memecoins.

But what is the use of this if only a few tokens out of a thousand can grow, the rest will remain useless garbage. There is no big difference, whether shitcoins or memcoins both carry big risks for investors. And if shitcoins at least sometimes try to portray some kind of activity, then memcoins seem to be just created for the sake of entertainment, some will shoot for a while, some will not.

This is one of the main problems with those coins, once in a while a shitcoin will pump and one of the lucky people which invested in that coin will come to the forum claiming how they found a way to make an unlimited amount of money in a short amount of time, but of course they will forget to mention there are thousands of coins just like the one they invested and all the people that were not as lucky as them and which are now holding a bag of useless coins, but obviously such details are unimportant for someone which is blinded by the profits they got out of a useless coin.

FanEagle

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Leading Crypto Sports Betting & Casino Platform

Quote from: adzino on October 25, 2022, 09:09:17 PM

What is this shitcoin season that you are talking about? What makes you think that it is the shitcoin season? There are literally one or two shitcoin getting pumped every day, but for a short period of time. Those who join late are the ones that pay for the profit of the others. And then there are shitcoins that lock you our from selling. Almost everyone that invests in shitcoin loses their money. Meme coins and shit coins have no difference. All meme coins are shitcoins with no real usecase. Only few (two of them) was able to remove the shitcoin label due to the huge community support.

Shitcoins are not hyped currently, but at some point we all remember it was hyped a lot, which started with Elon if I am not wrong. He pumped doge, and then maybe shared a few things about shiba I guess, and that was it and that caused a ripple effect which pumped some other ones I remember as well.

That was a period called shitcoin period and there were billions going into shitcoins and memecoins and the money that could have helped prop up the other proper ones like bitcoin up, went into these terrible projects. We are not there right now, it's long gone, it has been nearly 1.5 years since it last happened, but that period was a dark period for crypto unfortunately.

Altryist

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Quote from: Yatsan on October 27, 2022, 11:24:38 AM

Memecoins are usually riding the 'waves' of demand. Given that whales are not that active especially during times of such, memecoins are negatively affected. These coins has no utility and market prices are solely dependent with demand, that is why. If ever there will be a bullish movement before this year end, for sure few tokens would only make it under category of memecoins.

But what is the use of this if only a few tokens out of a thousand can grow, the rest will remain useless garbage. There is no big difference, whether shitcoins or memcoins both carry big risks for investors. And if shitcoins at least sometimes try to portray some kind of activity, then memcoins seem to be just created for the sake of entertainment, some will shoot for a while, some will not.

tvplus006

legendary

Activity: 2268

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To the Moon

Quote from: Natalim on October 27, 2022, 09:56:24 AM

...I know Dogecoin has a huge community but this is not the ticket to say it was a good investment, not even with the others as we know that meme coins are mostly scams.

You can always use meme coins to get a quick profit, and not as a long-term investment. The last Doge pump was related to the news about the purchase of Twitter by Elon Musk. And it really was a very good opportunity to get 30% profit in the current bear market.

isaac_clarke22

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Quote from: kelonmusk on October 27, 2022, 03:36:41 AM

-

Truly the point. There is nothing much .ore to be defined from these meme coins other than being meme or being like the usual stuff you see in the internet. Investing in those is like walking in a broken glass anways. You won't likely see a profit or two from it maybe quick gains but not the usual long term gains that everyone wants.

Yatsan

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Leading Crypto Sports Betting & Casino Platform

Bad season especially for 'small' tokens. Majority of the altcoins including memecoins and 'shitcoins' are not reacting wuth short pumps in the market unlike with the big names out there. There's hope indeed but definitely lower than the typical crypto names, to get a comeback for this year which is about to end.

Quote from: Natalim on October 27, 2022, 09:56:24 AM

Quote from: Liz Truss on October 24, 2022, 03:23:45 AM

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.

Those people that have no idea what to buy in the market will likely choose what was been suggested by most, and that is not meme coins nor shitcoins but surely it was Bitcoin and Ethereum.

If we are familiar with the market and have an experience with these meme coins and shitcoins, you will certainly discourage people not to invest in them. I hope newbies will see the risk with these coins mentioned by OP. I know Dogecoin has a huge community but this is not the ticket to say it was a good investment, not even with the others as we know that meme coins are mostly scams.

Memecoins are usually riding the 'waves' of demand. Given that whales are not that active especially during times of such, memecoins are negatively affected. These coins has no utility and market prices are solely dependent with demand, that is why. If ever there will be a bullish movement before this year end, for sure few tokens would only make it under category of memecoins.

Natalim

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BTC to the MOON in 2019

Quote from: Liz Truss on October 24, 2022, 03:23:45 AM

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.

Those people that have no idea what to buy in the market will likely choose what was been suggested by most, and that is not meme coins nor shitcoins but surely it was Bitcoin and Ethereum.

If we are familiar with the market and have an experience with these meme coins and shitcoins, you will certainly discourage people not to invest in them. I hope newbies will see the risk with these coins mentioned by OP. I know Dogecoin has a huge community but this is not the ticket to say it was a good investment, not even with the others as we know that meme coins are mostly scams.

abel1337

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Quote from: Kelvinid on October 27, 2022, 07:43:05 AM

Quote from: lienfaye on October 27, 2022, 12:56:32 AM

Quote from: Liz Truss on October 24, 2022, 03:23:45 AM

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

It seems you're attracting the investors to buy shitcoins/meme coins at this time. Are you a believer of these coins? Because it's risky to invest in shitcoins/meme coins regardless of price, the hype and community supporting it since it has no real use case. Even though the profit could be immense if you happen to choose the one that not yet reach the ath and currently hype, but still it is not advisable to invest.

It is just the way OP introduces shitcoins and meme coins to newcomers and falls into these worthless projects.
I don't know what is the benefits he got from doing this but judging from it, it was likely he make a lot of money from tricking people. That was actually an unacceptable offer, we instead educate people and told them about the risk and possible losses if we invested these coins. But unfortunately, OP declined to state it but only encouragement.

There might be no benefits from posting OP sentiments about shitcoins and memecoins but surely we proven that most of us here agree that buying those coins today will put you in a dire situation knowing that they majority of them are destined to fall and lost it's value. I also think that there's not much differences in charts between those famous meme coins (except doge) vs the other tokens in the market today.

Kelvinid

sr. member

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win lambo...

Quote from: lienfaye on October 27, 2022, 12:56:32 AM

Quote from: Liz Truss on October 24, 2022, 03:23:45 AM

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

It seems you're attracting the investors to buy shitcoins/meme coins at this time. Are you a believer of these coins? Because it's risky to invest in shitcoins/meme coins regardless of price, the hype and community supporting it since it has no real use case. Even though the profit could be immense if you happen to choose the one that not yet reach the ath and currently hype, but still it is not advisable to invest.

It is just the way OP introduces shitcoins and meme coins to newcomers and falls into these worthless projects.
I don't know what is the benefits he got from doing this but judging from it, it was likely he make a lot of money from tricking people. That was actually an unacceptable offer, we instead educate people and told them about the risk and possible losses if we invested these coins. But unfortunately, OP declined to state it but only encouragement.

lixer

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Quote from: Jackl87 on October 25, 2022, 08:57:08 AM

Quote from: Liz Truss on October 24, 2022, 03:23:45 AM

Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
What are Shitcoins?

First of all nice name OP. Regarding the topic of the thread. I don't think that it is shit-coin season and i really hope that there won't be another shit-coin season like the one we had a year ago again, because in my opinion it did hurt the crypto market as a whole and was also one of the main reasons why we are in this bear market now.
I also think that all meme-coins are shit-coins because as they don't offer any functionality and the only reason those projects were started was that the team members wanted to hop on the dogechain hype train and to earn some quick and dirty money that way. None of those meme-coins should exist.

Is the name familiar to you? Because why I didn't find it nice but anyway for me, I think shitcoins and meme coins have no season but they are always present on this market. Every new project that has been created, there will always be shitcoins on it or those coins which has no great potential but they are only created for the sake of the owners to profit.

Also there will always be new popular events that will happen therefore we will always see a new meme coin that will be born along with that. Some time ago, it only look like it was a meme coin season due to Elon Musk which often mentions a meme coin on some of his tweets. Many coin creators then ride the hype.

kelonmusk

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COMBO Network ex COCOS-BCX

While there's nothing inherently wrong with investing in cryptocurrency, the problem is that a lot of people are blindly throwing money at coins with no real value and functionality like shitcoins or memecoin.

For me, shitcoins or meme coins are launched with no real purpose other than to get rich quick by taking advantage of the hype around cryptocurrencies.

That why reason it's being called a shitcoin is because it's a poorly-thought out coin from the start, and all of its promised features will never materialize, or will fall flat when they do.

They do this by launching with a big marketing push and a promise of revolutionary technology, but without actually delivering anything in terms of value. I think it is not good idea to buy or hold this coins.

Topic: Shitcoins and Memecoins - page 2. (Read 760 times)