Beware Shitcoins, Your Days Are Counted!
Yes, I believe that many coins won't be worth anything in the near future anymore. Most of them are eventually already known as shitcoins but some more will identify themselves in the near future for sure.
Talking about that, which coins do you expect to become worthless within the next 3 months eventually? Any shitcoins we should start planning a funeral on already?
A Crypto Startup Revolutionizing Steem! |
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What criteria do you use to determine if a coin is dead or worthless?
Is it when the trading volume drops low? When exchanges start delisting it? When the developers abandon the project? When the value drops 95%+?
I suppose it will be tough for the really low market cap/visibility coins to survive a bear market, then the altageddon of a bullish bitcoin run. It will be a question of whether the projects are self sustaining or need market cap/$ to keep the development teams running.
I suspect the "just like bitcoin except faster/better/cheaper will have to come up with something better than that or die.
What I will find interesting is the strategic pump and dump schemes that will throw some life into the shit coins or be their death throe.
I'm waiting for this to happen. Im tired of the oversaturation of shit projects. Its just a waste of time.