shitcoin

English

Alternative forms

Etymology

Blend of shit +‎ Bitcoin.

Noun

shitcoin (plural shitcoins)

  1. (derogatory, vulgar) A cryptocurrency of little or unclear value.
    Coordinate terms: altcoin, memecoin
    • 2017 December 12, Matthew Hrones, “Three Altcoins Crypto Investors Should Keep an Eye On”, in Bitcoinist‎:
      But, against what many people shout about on Reddit, not every altcoin is a "shitcoin."
    • 2019 July 18, Ben Brown, quoting Rep. Warren Davidson (R-OH), “'There's Bitcoin and Then There's Shitcoin (Libra)'. Congress Finally Gets It”, in Yahoo! Finance‎:
      There's bitcoin, and then there's shitcoin.
    • 2019 August 1, William Foxley, “Crypto Exchange Launches 'Shitcoin Futures Index,' Offering New Way to Short Alts”, in CoinDesk‎:
      Crypto derivatives platform FTX has perhaps the most speculative and oddly-named futures index fund on the market: SHIT-PERP, or the Shitcoin Index Perpetual Futures.

See also
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.