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Topic: What is your definition of shitcoin? - page 5. (Read 1974 times)

full member
Activity: 312
Merit: 100
I think it's still worth it, and a lot of shitcoin really have low prices. no progress has occurred on the coin, and the price has dropped dramatically, and no one wants to buy it. I think, there are several types of shitcoin in my wallet.
I'm sure you get the shitcoin from the bounty campaign you are following. I also get some shitcoin that have no trade in exchange, and I get it mostly from bounty and airdrop campaigns.
hero member
Activity: 1624
Merit: 500
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?

A shitcoin, to me, is a coin that lacks a use case and is made to simply make the organizers of a project rich. A lot of the bitcoin forks, such as bitcoin cash SV, are shitcoins.
I think it's still worth it, and a lot of shitcoin really have low prices. no progress has occurred on the coin, and the price has dropped dramatically, and no one wants to buy it. I think, there are several types of shitcoin in my wallet.
sr. member
Activity: 854
Merit: 281
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?

A shitcoin, to me, is a coin that lacks a use case and is made to simply make the organizers of a project rich. A lot of the bitcoin forks, such as bitcoin cash SV, are shitcoins.
full member
Activity: 899
Merit: 101
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?
the truth is that makes the price of shitcoin continue to fall and just disappear because devloper always disappoints investors, the roadmap doesn't work perfectly and always makes false promises
I think every coin out there except Bitcoin is a shit coin. In logical terms, altcoin are called shit coins but among these shit coins, we have great coins backed by great projects. Not all the shit coins have low prices. Many of them have great prices and have been profitable ETH being the second in the list of best coins and BNB now on its way to gain fame in time to come.
so ethereum, binance coin, ripple and other included shitcoin in your definition? maybe we have different definition about shitcoin.in my opinion this coins that has no important developtment from team , and they didn't serious to developt.it could represent on investors confidence on price.
hero member
Activity: 924
Merit: 506
People are getting confused when thinking about a shitcoin.

Shitcoin doesn't mean to necessarily have any value. In 2017 we saw lots of shitcoin worth a great amount of Money and there is still some tokens has great value but basically a shitcoin..


So in my terms what is shitcoin:


* Projects has no logic behind it. Like Netflix for bankless people. Do they really need that?

* Project Tokens has no real usage. I remember something called paragon, they had a cannabis project and their tokens have no use. I can say even ripple in this, a token has very limited use area and you can even go without using tokens.

* Very bad executed projects tokens. They are making something but it is really crappy and you know no-one would ever want to use that.

* Delayed forever Project tokens. I can say, Polybius. They are delaying for years and we all know they will always delay.


hero member
Activity: 1134
Merit: 515
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?
the truth is that makes the price of shitcoin continue to fall and just disappear because devloper always disappoints investors, the roadmap doesn't work perfectly and always makes false promises
I think every coin out there except Bitcoin is a shit coin. In logical terms, altcoin are called shit coins but among these shit coins, we have great coins backed by great projects. Not all the shit coins have low prices. Many of them have great prices and have been profitable ETH being the second in the list of best coins and BNB now on its way to gain fame in time to come.
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?
the truth is that makes the price of shitcoin continue to fall and just disappear because devloper always disappoints investors, the roadmap doesn't work perfectly and always makes false promises
copper member
Activity: 966
Merit: 5
Shitcoin is a coin with no value. This lack of value comes in as a result of the team abandoning the project, and as such if listed keeps going down till exchanges delist it. While if not listed, remains in the wallet with no hope of going to exchange, thus still no value.
full member
Activity: 840
Merit: 101
It is a coin that has a really bad product and you're supposed to them right after when it comes out. You wouldn't want to hold this type of coins because it becomes less profitable as time goes by and your efforts on investing are just going to waste.
member
Activity: 602
Merit: 10
For me, i am always read and see this shitcoin, but actually i do not know what it is all about. I must thank this thread or forum because now i know what is the definition of shitcoin. Shitcoin is the most reason of panic selling. Shitcoin is dumping.
hero member
Activity: 1008
Merit: 500
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?
1 coin shit, confirmed when its DEV team shit. They just drew a project to sell money, put it on the trading floor and dismissed the responsibility, to let that coin die. And when the minimum amount of coin trading is not qualified, it will be removed from the trading floor by the delist and actually die.
sr. member
Activity: 966
Merit: 274
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?

If I am going to tell my friends about shitcoins, it will going to be simple. I will just going to tell them that shitcoin is a coin that is created to scam people out of their business, then they are those coins that don't have a market price that is decent, compared to their ICO price. As simple as that.
TWW
full member
Activity: 1456
Merit: 109
Shitcoin is the coin that has no value in its technologies. It is created mostly to be pumped to get fast money in the shortest time. It is doomed to be dumped and it will surely die.
throughout 2018 it may be the year most shitcoin is created. where many ico projects cannot develop, do distribution but are not registered in exchange. or some are registered but do not have trade. too much shitcoin, it looks like they have to be cleaned up.
member
Activity: 532
Merit: 17
Shitcoin is a coin that created with no purposes other than become a sh*t.
No further developments, no proper exchanges, no clear roadmap, no partnership, etc.
It is basically just a coin without usages, not needed by everyone.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
A project that has working product and that coins purpose why it has been created, I don't think it should be called like that(shitcoin) because it has a purpose and real application with a working product. But we have our own definition of what's a shitcoin. Majority will say the same thing and it's a total garbage coin and project that doesn't real life application or plans of being used in some service. I agree that it has no value and was just created for the devs to become rich quick.
Shitcoin is the coin that has no value in its technologies
jr. member
Activity: 518
Merit: 4
Shitcoin coins can be so frustrating although some of them later turns out to be a good coin. My own definition is theos coin we invested in and ever thought of seeing them as low as their sales price, but later happens to be 10x low than the price gradually by gradually.
sr. member
Activity: 882
Merit: 251
What actually defines a shit coin?  The continuous price decrease after listing on an exchange with actual working products in real life or a stable price and a minimal increase in price but lacking real life working products?

Shitcoin is the coin that has no value in its technologies. It is created mostly to be pumped to get fast money in the shortest time. It is doomed to be dumped and it will surely die.
sr. member
Activity: 686
Merit: 255
For me Shitcoin is when a coin holds an ICO but there is no further development of their project. it is difficult to offer their coins to the market, when many people hold the coin then they cannot sell that is what is called shitcoin. this year there are a lot of scattered shitcoin and ICO is the most shitcoin maker.
full member
Activity: 966
Merit: 111
What is certain is the product, utility, price and development of the project. If everything is difficult to achieve and prices continue to decline even the crypto market experiences growth, of course, that defines shitcoin or dead projects. With that alone, of course you cannot compete with other projects. Because every day of course there are very many projects that have sprung up.
member
Activity: 392
Merit: 12
MINTER
My definitions about shitcoins is a coin that don't have a big price for each or will be nothing. The shitcoin can't make you rich. Because the price or value is very very low and you can't withdraw from the exchanger too if your coin too little.
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