I FYRSTIKKEN WHO COINED THE WORD"SHITCOIN" DEFINE IT AS THESE FOLLOWING 4 DEFINITIONS:
- A BRAND NEW BLOCKCHAIN PROJECT WITH A VERY HIGH RISK OF FAILURE.
- A BLOCKCHAIN THAT HAS BEEN ABANDONED BY IT´S DEVELOPERS AND/OR COMMUNITY BUT IS STILL TRADING ON EXCHANGES
- A BLOCKCHAIN THAT HAS LOST STRUCTURAL INTEGRITY DUE TO LACK OF MINTING/MINING & HAS BEEN MOST LIKELY COMPROMISED BY A 51% ATTACK OR SIMILAR SITUATIONS IN DIFFERENT TYPE OF BLOCKCHAIN
- A PURE SCAM AND/OR A PONZI (SEARCH: ADSACTLY, BITCONNECT, PAYCOIN, ONECOIN, ORGCOIN AS EXAMPLES) SIMILAR TO THE BERNIE MADOFF & ENRON CASES
