Looks like it will happen soon where shitcoins worth tens of thousands of satoshis will drop to levels seen only in 2016.Get your money out of those shitcoins. Consolidate it to the few coins which are actually innovating. Here's how you know if your coin is a shitcoin.Visit their github and check their commit history. If their commits are either insignificant like a label change or the last commit is made 2 months ago, then it's a shit coin.If the coin's only purpose is that it is a store of value AND has no integration with any important sites to buy stuff with it then it's a shit coin.If its code is an exact fork of another coin with no meaningful change to the functionality, then it's a shit coin.If they have a fancy site with the words "Decentralized" "Trustless" "Cross border" and no specific use case or adoption, then it's high probability that it's a shit coin.If it has no development team(or group of individual developers actively contributing) or if the team is anonymous.Seriously, dump those coins now. They have no long term value and will be forgotten in less than 2 years.One example of a shit coin that I held was XVC(Vcash). It was listed on bittrex! It had no active development. Had a shitty website. Developer was unknown. Few months ago, it was delisted on bittrex and was on no other exchange. My tokens became worthless overnight even though just days before it was trading at 6k sats per coin. So, these kinds of coins will disappear and now it's more probable than ever.
Submitted June 24, 2018 at 07:24PM
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