Worst Named Cryptocurrencies !
Every once in a while there comes a Cryptocurrency that is completely useless. It's not actually a Scam but it has no Benefits.
I like to call these Cryptocurrencies Shitcoins.
There is a Shitcoin born every Minute and it's us who need to be somewhat aware of that. Now some of you might say DogeCoin was a Meme Coin but it had some Bright sides too.
I agree on that but if you factorize the sheer number of Shitcoins in the Market to just One kinda successful story you should know better to stay away from them.
There are literary Hundreds of Shitcoins but let me Point out a Few of them which I find a bit funny.
1. BoringCoin
2. CrapCoin
3. CryptoMeth
4. FraudCoin
5. FailCoin
These are just Examples of some Coins which just struck Out. I don't really remember the Name but I saw a Coin and in his Whitepaper and its Website, it was clearly written that if You buy this Coin you are Buying my Shit and I will take all your Money and some People still bought that.
I just want to say to you Guysthat always Read the Whitepaper of the Coin you are interested in Investing in. Do your own Due Diligence. I don't want anyone holding a Shitcoin in their Portfolio.
That's it for this Post.
I hope to see you Guys in my next post.
extraordinary down price X this Yeah
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Theirs one called Jesus Coin, the ico promise's to save you from your sins
wahahaha... I could totally use a few of those.
Do I buy them as and when needed, or can I buy a few now and use them later? :p
I heard about Jesus Coin but I never even tried reading their WhitePaper as I had no interest in it.
So it was an ICO that Promises to save you From your Sins.
So we can buy the Tokens and perform as many Sins as we like as Jesus Coin will save us.
That's Ridiculous.
Although what is not funny is the Fact that Scammers don't even Leave Jesus Alone.
As the name suggests, the name given to coins that do not create a boka. I also see almost hundreds of coins every day, advertising is done, "ico is started !! coin is flying right now !!" style things. I'm sure they will all be shitcoin in the future.
Even in the current Market, there are Several coins that are just not going to survive in the Long Run.
The Developer's Team should try to make something so that we could see Progress.
Shitcoin are everywhere sometimes shitcoin surpass the good coin. No one can tell and predict coin's fate. What if theres a moron who pump and dump that shitcoin.
That is a totally Viable Option. Some big Whale could just Pump a Con to astronomical levels just to dump it back down.
And the small Investors who wanted to ride the Wave of Pump could get Screwed in the Process.
Estoy de acuerdo para que el trabajo con dinero tenga que estudiar para poder invertir en el
Yo también.
Sorry @maribelquere97 I really wanted to give a Proper Reply I even tried the Spanish to English Translator but the translation was not up to mark.
Salute your research. your work very well and you growing fast on steemit.
To be honest there was almost no research Done in this case as there are Hundreds of Shitcoins. It was very easy to look for them. The hard part was writing something about them which as you can see I have left empty.
yeah so true brother. if people really read white paper and understand it's potential there won't tons of scam ICO'S hitting the market each day. people have to do their own research before investing money .
I would like to say that there is a bit of Problem when it comes to Whitepaper.
No one wants to read such a long Whitepaper. Be real its boring.
But thankfully we are seeing more and more Shorter versions of Whitepapers coming along.
These shitcoins are ruining the respekt and trust into cryptocurrency. People her just "scam" "scam" and the media is writing shit about the whole community without knowledge. Shitcoins should be wiped out and should not be buyable at any renown exchange in my personal opinion.
DOGE was designed as a funcoin, but is still has a nice performance and is evolving and not taking the peoples money
Scammers don't give a Shit about Cryptocurrencies they just want to steal our Money any way they Can.
This is a Time when we should be fighting for Global Acceptance of Cryptos while these Shitcoins just Ruin our chance to do so.
That is true but we can not ban them. People have just to evolve and start using their brain instead of buying shitcoins and hoping to get millionaires in 2 weeks with investing 50$ into "SukMaDikCoin"
Best example how dumb people are:
https://coinmarketcap.com/currencies/e-coin/
WTF that's a sure shot Pump and Dump.
Check this one out, check the website.
https://coinmarketcap.com/currencies/useless-ethereum-token/
And it still has a Daily Volume of 5K USD.
Hahahahahahahaha, it os so obvious a shitcoins and people stil HODL all the way
*Cries in spanish
Haha check https://coinmarketcap.com/currencies/e-coin/
I told you it was a Pump and Dump.
Of cause it was. RIP to all the people buying at >100$ and HOLD lmfao
May there Soul find Peace or another Pump and Dump for anything that matters.