/biz/ - Business & Finance

[Anonymous No.57411886]

How can you tell if something is a shitcoin or not?

[Anonymous No.57411899]

>>57411886
Did you buy it? Then it’s a shitcoin

[Anonymous No.57411911]

>>57411886
easy.
Theres BTC (Bitcoin) and then theres everything else (shitcoin)

[Anonymous No.57411928]

Check the website, if you find any of the following it's a shitcoin
>Staking
>Supply burn
>Just the word "Tokenonics"

[Anonymous No.57411935]

>>57411886
>How can you tell if something is a shitcoin or not?
>does it have a dev? - shitcoin
>Solscama? - shitcoin
It's that easy.

[Anonymous No.57411959]

if it has a chart it's a shitcoin

[Anonymous No.57411998]

>>57411886
BTC, SOL, maybe ETH and everything else is a shitcoin

it's easy to tell when a poojeet comes to sell you his delhi-based scamcoin as "new tech" on sites like twitter or beoble (even biz)

[Anonymous No.57412087]

>>57411886
btc, eth, ltc, link. all others are shitcoins. yes even sol, ada, matic, avax

[Anonymous No.57412104]

>>57411959
Fucking white people I swear

[Anonymous No.57412152]

>>57411886
they're all shitcoins. Even btc, the king of shitcoins

[Anonymous No.57412205]

>>57411886
There is no way to know 100%
I've been in projects whre you had all the green flags checked
>Good contract
>Good wallet distribution
>Dev on VC
>Getting big influencers/kollers/e-celebs
>Strong community
And the dev still decided to rug for the lolz

The memecoin meta is basically looking for 50 to 100k mc tokens that have been rugged, but are showing signs of a community take over rising
Examples are stuff like Dogwifhat, Usedcar, and Woosh

[Anonymous No.57412253]

>>57411886
you my seeing if it has a working product, if the devs do commits every day for years, if the devs are funded or self funded.
if the project has future demand.
for example
>working product
plebbit is a decentralized pure p2p social media protocol that has 2 clients based on reddit and 4chan.
seedit.eth.limo
plebchan.eth.limo
>regular commits
github.com/plebbit
plebbit is updated regularly for over 2+ years
>funding
dev says he self funds. 3+ other devs having been working on plebbit for 1+ years.
>low market cap
plebbit is a <3m market cap
>demand
in an age of censorship there is demand for purely p2p social media protocols with no https endpoints and no need for ssl which instead use crypto domains like ENS, gossipsub, libp2p, and the IPFS.
plebbit is completely opensource and is free to use allowing ownership over your own social communities in a reddit or 4chan front end format.

[Anonymous No.57412266]

>>57411886
you do so by seeing if it has a working product, if the devs do commits every day for years, if the devs are funded or self funded.
if the project has future demand.
for example
>working product
plebbit is a decentralized pure p2p social media protocol that has 2 clients based on reddit and 4chan.
seedit.eth.limo
plebchan.eth.limo
>regular commits
github.com/plebbit
plebbit is updated regularly for over 2+ years
>funding
dev says he self funds. 3+ other devs having been working on plebbit for 1+ years.
>low market cap
plebbit is a <3m market cap
>demand
in an age of censorship there is demand for purely p2p social media protocols with no https endpoints and no need for ssl which instead use crypto domains like ENS, gossipsub, libp2p, and the IPFS.
plebbit is completely opensource and is free to use allowing ownership over your own social communities in a reddit or 4chan front end format.

[Anonymous No.57412341]

>>57411886
If, it is posted on / biz it a shitcoin.

[Anonymous No.57412360]

>>57412205
>The memecoin meta is basically looking for 50 to 100k mc tokens that have been rugged, but are showing signs of a community take over rising
You just described Linu