Hope you guys find this helpful! As I mentioned in the video, each of these factors on the checklist individually do not mean its a sh!tcoin. However, if a coin has a number of these on the checklist then its more likely to be one. It's what I like to call the "sh!tcoin spectrum" 😁. Don't forget that you can follow me on my socials for all the content that you are missing here 👉 guy.coinbureau.com/socials/. Also you may want to sub to my clips channel where I have a lot of behind the scenes content th-cam.com/channels/R93yACeNzxMSk6Y1cHM2pw.html
Thanks for the great info as always 👍 please make a video about crypto collectibles like casascius, lealana, and titan physical funded cold storage coins
Thanks a lot for the nice video, but unfortunately you have made another video and there you said project under 5 million MC could be a shit... The video title is "how to find 100x gem" please take a look
I think another point worth mentioning with assessing shit coins is that you find a way to control your emotion/biases. Its hard for alot of people to objectively assess a project when they already have a strong view on it, and are more likely to ignore critical info if it doesnt fit in with their existing beliefs.
QRL is sadly not listed on any major exchange, but i think thats because of their unusual chain and wallet. each wallet has a limited amount of outgoing transactions, after wich funds need to be moved into a new wallet. No wonder most exchanges dont want to bother with it.
A coin is the native asset of the blockchain for example Bitcoin's BTC or Ethereum's ETH. A "token" is built on an existing blockchain such as Ethereum or Cardano. Think ERC-20 token standard.
@UCEDhHU92kUUav16XkhoPfSA Wrong! There is a distinct difference between the two digital assets. So what's the difference? A crypto coin usually serves the function of being the native coin of a blockchain, which is used to trade currency, store value, the usual. A token is pretty similar, or at least it has similar functions. But, crucially, it tends to use another coin's blockchain While crypto coins are essentially digital versions of money, tokens can stand for assets or deeds. You can buy tokens with coins, but some tokens can carry more value than any of them.
yeah but when i look at the pricechart from most coins an a regular base you see the same patterns . especially on weekends...so it makes we wonder how big of a manipulation is going on there or if most of the cryptos are in the hands of some wales who coordinate each other
If there is exactly the same pattern/movement each weekend, and you know about it, that should make you easy money. Just long and short it accordingly. I assume, that the reason you don't, is because there is no pattern that you actually trust enough.
Astronomers have broken down this cycle into four primary Moon phases: New Moon, First Quarter, Full Moon, and Last Quarter. That is why we have four quarters of the year. They are in control of the world 🌎
Many hedge funds have large crypto portfolios which consists of many coins. They will pump and dump the whole portfolio. Small percentage gains are millions in profits.
Sandbox matic polygon fantom and maybe luna are my picks for the long run probably ada aswell and eth honestly in a few years probably will triple or more its value
Ali Anderson 1 second ago FTX as a first example of reputable exchanges. Now we can giggle through tears, but who could know at the time of this video recording. Anyways, thank you for the video.
My observation is a the "Gems" the Dubi Altcoin pumpers have been pumping for weeks now in the Top YOU TUBE VIDEOS, are or will be undergoing and EPIC COLLAPSE over the coming weeks.
Hey Guy. I have one question about shit coins. I have one which I really like. But I hate tweeter bots replying on their coments section with same replys. Is this a red flag or common marketing practice for new projects?
Love it at 15mins when Guy's backdrop is made up of Hexagons and says "Cult followings... some people put their life savings... along with hundreds if not thousands of hours of their time... makes them pretty dedicated to those cryptocurrencies"!!! Amazing :D
@@Fredrick656 Reason is especially the hype creation the lie of limited supply, less nodes, much slower transaction then promoted and the people behind (VCs) are not the ones with your best interests at heart. Just because there are several red flags, doesn't mean it will fail, however it makes me extremely cautious. I keep it for this bullcycle and then dump it too.
@@alphapinggmbh6916 ah interesting. Ive just started out in crypto and am treading carefully. Just finding it hard to understand how everything works and means lol
@@Fredrick656 Totally understand. But hey, at least you get your feet wet and that I salute. Really cool! Crypto is awesome, however 98% of crypto projects prey on people that don't understand tokanomics, codes etc. to make quick money. That is the only part that disgusts me in the industry.
When he said overly long/complicated whitepaper with a cult like following who don't receive critical but honest concerns well, I obviously thought of Cardano. Has anyone else read the whitepaper (44 pages of ethereal hopes and dreams)? Or compared market cap to number of active smart contracts on the chain?
You mentioned maxis at the beginning of your video, and with that an idea for a future video suggests itself: Bitcoin Maxis vs Altcoiners (and everyone in between).
excellent video! in spit of the fact that i agree with everything in this video i ironically still own shit coins and in-fact even mine a couple. i think the most important part is realizing how much of your total portfolio should contain these coins. for example i currently mine ltc and DOGE. once i reach a point were i have a higher amount of a certain altcoin in my total allocation than i would like it is traded for other cryptos. the LTC get shifted to improving my BTC holdings and the doge gets traded for other alt coins like SOL, AVAX, ETC. chitcoins aren't necessarily bad but they should certainly be approached with a good bit of skepticism and proper risk management.
So, cardano by insane marketing efforts, shilling itself to chinese farmers, second to none cult following, yet completely underdelivering in performance after launching smart contracts is an utter shitcoin then? 🤔
The only S coin I'm currently in is Santa Coin. It dropped massively and I have no idea if it will ever recover, but I'll just sit and wait and see. Went from a nice couple of X's in the greens to a couple of X's in the reds, but going to the casino would have the same effect and you never know when the tables might turn.
All altcoins are shit coins in ICO stage, once we know use case then it will move into large cap. Few large cap in 2013 are shit coins now. In drastically changing environment we have to switch between technology to technology fast or we our portfolio will suffer.
You should make a video about TELOS... FASTED EVM OUT THERE!!! No I.C.O. at launch...100% decentralized Insanely scalable with super fast transactions speeds...
All the best and many thanks for your informative videos and news letter; you are my go to Guy, my crypto guru. PS...I love your humor and facials. Take care one and all.
SNK 100x coin. Market cap 5 million NFT Game backed by big names in space and still under the radar so load you bags, and if you do get rich reply to me here lots of love let's get that money! X review be great :)
Hope you guys find this helpful! As I mentioned in the video, each of these factors on the checklist individually do not mean its a sh!tcoin. However, if a coin has a number of these on the checklist then its more likely to be one. It's what I like to call the "sh!tcoin spectrum" 😁. Don't forget that you can follow me on my socials for all the content that you are missing here 👉 guy.coinbureau.com/socials/. Also you may want to sub to my clips channel where I have a lot of behind the scenes content th-cam.com/channels/R93yACeNzxMSk6Y1cHM2pw.html
another good metric for shitcoins is supply centralisation and number of nodes
the entire supply being in the hands of a few people is a red flag
Thanks for the great info as always 👍 please make a video about crypto collectibles like casascius, lealana, and titan physical funded cold storage coins
@@erichschneider6617 haha for sure, it was an alright temporary solution while eth 2.0 was getting worked on but now Solana took its place
Doge and Shiba both biggest shitcoins.
Thanks a lot for the nice video, but unfortunately you have made another video and there you said project under 5 million MC could be a shit... The video title is "how to find 100x gem" please take a look
I think another point worth mentioning with assessing shit coins is that you find a way to control your emotion/biases. Its hard for alot of people to objectively assess a project when they already have a strong view on it, and are more likely to ignore critical info if it doesnt fit in with their existing beliefs.
hi Michael, plz don''t screenshot my nfts 😨😨😔
I can turn anything into a shit-coin by buying it.
lol 😄
🤣
elite comment! im not laughing at you im laughing with you bro.... stay strong, Hodl, and get some ETH/BTC for the long game in this bear
I swear, every time you say shitcoin I laugh! And "shittiest of all shitcoins" had me almost tearing up, lol!
QRL is sadly not listed on any major exchange, but i think thats because of their unusual chain and wallet.
each wallet has a limited amount of outgoing transactions, after wich funds need to be moved into a new wallet.
No wonder most exchanges dont want to bother with it.
There should be more discussion on the difference between coins and tokens. The terms seems to be used Interchangeably by many.
Exactly!
A coin is the native asset of the blockchain for example Bitcoin's BTC or Ethereum's ETH.
A "token" is built on an existing blockchain such as Ethereum or Cardano. Think ERC-20 token standard.
@UCEDhHU92kUUav16XkhoPfSA Wrong! There is a distinct difference between the two digital assets. So what's the difference? A crypto coin usually serves the function of being the native coin of a blockchain, which is used to trade currency, store value, the usual. A token is pretty similar, or at least it has similar functions. But, crucially, it tends to use another coin's blockchain While crypto coins are essentially digital versions of money, tokens can stand for assets or deeds. You can buy tokens with coins, but some tokens can carry more value than any of them.
hi Eric, plz don''t screenshot my nfts 😨😨😔
They're different? (I don't know about this.)
Eth make the top of list of course, when you send $10 and costs you $200 to do so, dats a shit coin.
Calling Ethereum a shit coin because of it’s gas fees is like complaining about the fuel economy of a Bugatti Veyron that’s used as a daily driver.
@@simonjstuart666 you clearly never studied economics 101 then
Sent $10 and cost you $200 looks like you are being rob
Eth is stinking up the place. No wonder they call them Gas fees 💩!
Instructions unclear. Got all in on squid game token.
No
Me too lol
Not smart
I actually lold
😂😂😂😂
yeah but when i look at the pricechart from most coins an a regular base you see the same patterns . especially on weekends...so it makes we wonder how big of a manipulation is going on there or if most of the cryptos are in the hands of some wales who coordinate each other
This 100% happens, its the illuminati and they use moon cycles to communicate
If there is exactly the same pattern/movement each weekend, and you know about it, that should make you easy money.
Just long and short it accordingly. I assume, that the reason you don't, is because there is no pattern that you actually trust enough.
Astronomers have broken down this cycle into four primary Moon phases: New Moon, First Quarter, Full Moon, and Last Quarter. That is why we have four quarters of the year. They are in control of the world 🌎
Many hedge funds have large crypto portfolios which consists of many coins. They will pump and dump the whole portfolio. Small percentage gains are millions in profits.
hi b3ck, plz don''t screenshot my nfts 😨😨😔
Sandbox matic polygon fantom and maybe luna are my picks for the long run probably ada aswell and eth honestly in a few years probably will triple or more its value
Fantom, Algorand, Polkadot, Harmony One, Enjin, Arweave, Nervos Network are my picks.
1 down
Luna 🤣...
So swissborg isn't listed as a good exchange anymore??????
13:33 I like how your team still ignores #EGLD with 15.000TPS
Yea I’m a guy and not afraid to say I love you guy and thank for all your knowledge because of you my portfolio is looking better then ever.
$BTC whitepaper has no team listed other than some shady asian, be careful with that one and it's ponzinomics
Ali Anderson
1 second ago
FTX as a first example of reputable exchanges. Now we can giggle through tears, but who could know at the time of this video recording. Anyways, thank you for the video.
Drinking game: take a shot everytime he says shit coin 😂🤣😂
*dies by minute 5 of the video*
Im drunk AF 10 minutes in
I got drunk just drinking water after 15 mins... ;P
Or a shot with every rhyme or pun
Is there a way to convince you to give your opinion about OHM
Tockens can be change Into coins I some cases .like safemoon..
Been able to control my buy habit since I started watching your video
Basically, at least 5 points of your check-list point to CRO. Am I mistaken?
Hey Guy, make a follow up video with examples of each point. Specifically "watching founders".
Did a review of my portfolio and pie chart it is divided like this: Blue Chip, Nft, metaverse, gaming, stablecoin and shit coin.
My observation is a the "Gems" the Dubi Altcoin pumpers have been pumping for weeks now in the Top YOU TUBE VIDEOS, are or will be undergoing and EPIC COLLAPSE over the coming weeks.
Could you share some info about olympus and wonderland please
Can you please analysis IOTX (its seems cool but I think you do analyse way better then most of others they did till now)
I like iotex too. And alchemx pay.
Guy, may I suggest a theme for a future video: on chain naming systems/domains.
TRIAS is one of potential crypto gems even its matching some of mentioned red flags. Its hard to difference truth lol
Dear Guy , would it be possible to explain how Cardano will make a profit when completed . Thanks .
Hate the term shitcoins, the only shit coins are rugs, until then, they could be great investments DYOR.
Hello, make a video about casper please best regards from Munich
Maiar and EGLD/Mex farm… any thoughts ?!!
Hey Guy. I have one question about shit coins. I have one which I really like. But I hate tweeter bots replying on their coments section with same replys. Is this a red flag or common marketing practice for new projects?
I think the GRT indexing protocol is a good token, and I will hodl it more. 😀
Bitboy and Altcoin daily: "Let's promote as many coins as possible to dilute the market that way all coins go nowhere."
You are one of the best and genuine crypto youtuber delivering great content. Your view against HBAR/hedera is the only thing I found wrong
Love it at 15mins when Guy's backdrop is made up of Hexagons and says "Cult followings... some people put their life savings... along with hundreds if not thousands of hours of their time... makes them pretty dedicated to those cryptocurrencies"!!! Amazing :D
Like Solana boasting a tps in the tens of thousands but it’s really only in the few hundreds. Smh
Yes. And don't forget the shadow wallet with 12Mio. SOL. One of the biggest pumps and dumps.
@@alphapinggmbh6916 how is sol a pump and dump just curious 👍
@@Fredrick656 Reason is especially the hype creation the lie of limited supply, less nodes, much slower transaction then promoted and the people behind (VCs) are not the ones with your best interests at heart. Just because there are several red flags, doesn't mean it will fail, however it makes me extremely cautious. I keep it for this bullcycle and then dump it too.
@@alphapinggmbh6916 ah interesting. Ive just started out in crypto and am treading carefully. Just finding it hard to understand how everything works and means lol
@@Fredrick656 Totally understand. But hey, at least you get your feet wet and that I salute. Really cool! Crypto is awesome, however 98% of crypto projects prey on people that don't understand tokanomics, codes etc. to make quick money. That is the only part that disgusts me in the industry.
Can you please do a review on Victoria vr... alt coin soon to drop on ku coin but the staking fees are really high to get in early...
Cheers mate
When he said overly long/complicated whitepaper with a cult like following who don't receive critical but honest concerns well, I obviously thought of Cardano. Has anyone else read the whitepaper (44 pages of ethereal hopes and dreams)? Or compared market cap to number of active smart contracts on the chain?
Thumbed up for the stereo bell sound ; )
One of most informative videos on the dangers of buying random unknown coins with high risk. Great content!
You mentioned maxis at the beginning of your video, and with that an idea for a future video suggests itself: Bitcoin Maxis vs Altcoiners (and everyone in between).
Can you do an update on Digibyte??
Does the same checklist apply to dApps?
Also the audit is super important as is the doxing of devs.
imagine being a dev of a successful project an everyone knowing where you live
Guy, I really think it's time to get your view on the Velas chain and its coin, VLX.
Babydoge = 1 million + hodlers.. Massive community support, I don't think that one is going anywhere
How do I buy land in decetraland or sandbox?
Some shitcoins eventually become not shitcoins like doge did
excellent video! in spit of the fact that i agree with everything in this video i ironically still own shit coins and in-fact even mine a couple. i think the most important part is realizing how much of your total portfolio should contain these coins. for example i currently mine ltc and DOGE. once i reach a point were i have a higher amount of a certain altcoin in my total allocation than i would like it is traded for other cryptos. the LTC get shifted to improving my BTC holdings and the doge gets traded for other alt coins like SOL, AVAX, ETC. chitcoins aren't necessarily bad but they should certainly be approached with a good bit of skepticism and proper risk management.
When you said they just need to pay for some reviews from moonboys, I was hoping you'd put a pic of bitboy crypto up.
I despise that guy
that was great thanks buddy. enjoyed your vibes :)
Guy reminds me of Mr Leahy on TPB, "Shitstorm will be raining down shitcoins Ricky!"
Very valuable info thanks 👍👍
Can i use kucoin in canada
My portfolio
1. Cryowar
2. Gull( polygod)
3. Astroswap
4. Weyu
Matic, Trac, Eth, Btc, Ltc, Dot, Amp, Xlm
You really think Weyu is going to go up? It's performance has been about as bad as it gets recently.
Xmy is shitcoin from abra I lost money this token
thoughts on pulse and/or hex??
Is it a must for whitepaper to be writen on english?
One of the biggest shitcoins happen to be the largest in marketcap. According to this criteria, Shib and Doge are not
So, cardano by insane marketing efforts, shilling itself to chinese farmers, second to none cult following, yet completely underdelivering in performance after launching smart contracts is an utter shitcoin then? 🤔
The only S coin I'm currently in is Santa Coin. It dropped massively and I have no idea if it will ever recover, but I'll just sit and wait and see. Went from a nice couple of X's in the greens to a couple of X's in the reds, but going to the casino would have the same effect and you never know when the tables might turn.
Can you make video about musk network please 🙏
Is samoyed coin shitty? It feels pretty shitty to me rn. Supposedly more scarce. Rare. And cheapest tx fee. Idk
Does good alt coins start with non reputable exchanges platforms or as tokens in the beginning .
Thanks for the video ! Project Quantum QBIT, a diamond in the rough...
you need to make a video about DAOs looks likes ponzi to me. Those things are getting out of control
Talk about $GLQ please
I have been asking for half a year now ...
Guys please like this so it gets his attention!
All altcoins are shit coins in ICO stage, once we know use case then it will move into large cap. Few large cap in 2013 are shit coins now. In drastically changing environment we have to switch between technology to technology fast or we our portfolio will suffer.
Love that shirt guy. Super cool Xmas shirt
“My new christmas merch is the shit” 😂😂😂
Nice shirt. Where can be bought?
If you haven't already watched this video I dare you to take a shot of tequila Everytime he says "Shit" 🤣
Can you for example review new token project BitRise for checking is it a shitcoin or not?
My guy ( no pun intended )always rapa in his intro and nobody appreciates it but I do 🤣🔥🔥💯💯
This is very great awareness. Like it
Hello from Croatia, can you please check is the XVG a shitcoin by you criteria or hiden diamond in space
Look at the amount of coins. T is for trillionzzzzzzz. It's not that it's a shot coin, it is going to have to save the world to move a percentage.
Ravencoin is the one I am focused on right now .... hopefully it gains value in the coming year...
Classic shitcoin.
@@Nicktt24 ohh
I love your rimes. Good work thanks.
Top top quality. I'm English and love hearing you say shitcoin with your posh accent 👌
Long time viewer first time commenting , love your content it's unique and unmatched. What's your thoughts on dehub? Sh!t coin or something else?
You should make a video about TELOS... FASTED EVM OUT THERE!!!
No I.C.O. at launch...100% decentralized
Insanely scalable with super fast transactions speeds...
Thank you for this explanation, let me go and review my portfolio
hi Harrison, plz don''t screenshot my nfts 😨😨😔
Great analysis!
my holdings? eth and xmr
Thanks mate. I needed a good old bleeping....coin.....video. Geez there seems to be a lot of em out there.
Shiba inu market cap at inception?
This was brilliant thank you. Could you do a video on Verasity VRA please
"Closer to the shitcoin end of the shitcoin spectrum" Jim Lahey is that you xD
Can you do a video about Altura Alu please
AFAIK it's an imitation of Phantasma Chain.
4 out of 10 boxes checked for my favorite early crypto project, however, there is still hope for me, as the most important things are rated positive.
thats another sign, DENIAL.
I like your shirt ✌🏼
All the best and many thanks for your informative videos and news letter; you are my go to Guy, my crypto guru. PS...I love your humor and facials. Take care one and all.
Can you please convert SUSHI a bit? Seems ridiculously oversold at $7.40 ish, or is it my imagination?
Do you have a video on HEX, PLS, PLSX? Are those shitcoins, scams or legit?
Nice one Guy. Thanks man.
SNK 100x coin. Market cap 5 million NFT Game backed by big names in space and still under the radar so load you bags, and if you do get rich reply to me here lots of love let's get that money! X review be great :)
Has Vechain become a sh*tcoin? I am starting to feel like I am in denial.
Very helpful, thank you Guy! Could you do one of your intros as the bard from The Witcher? You remind me of him sometimes XD
Any chance you have a glossary for the jargon used that is familiar in the crypto space?
DEAPcoin(DEP) termasuk Crypto Metaverse yg masih usia muda,..