A fork of Rural Dictionary
You think it would mean shitty bitcoin but it actually is referring to those pennies.
The Canadian government stopped making shitcoins because it was too expensive.
Individuals who either through ignorance or malice, accumulate and/or promote worthless digital tokens. Many shitcoiners lack knowledge in the areas of Austrian economics, protocol scaling layers, game theory, and ethics. Many are prone to emotional outbursts when exposed to reason or tough questions regarding their heavy bags. Pastimes include having fun staying poor, and creating definitions for Bitcoin maximalists on Urban Dictionary.
Steve ignored Bitcoin for years and feels like he missed the boat, despite his bitcoiner friends trying to get him to stack sats repeatedly. To make up for lost time he jumped on Coinbase and bought every low cap coin in hopes it will one day be the "next" Bitcoin. Steve is a total shitcoiner.
A cryptocurrency with no utility or unique features.
There's nothing special about Ripple, it's a shitcoin!
Great ways to lose your money.
See: scam
My buddy Nick bought ETH but lost all his money because ether is a shitcoin.
Don't let clever marketing fool you. Ripple, Bitcoin Cash and Litecoin are shitcoins.
A person suffering from a mental disorder which makes them believe any "cryptocurrency" other than bitcoin is actually a useful contribution to humanity (and not a complete scam). Although often indistinguishable in behavior, there is not a complete overlap between shitcoiners, pump-and-dump scammers, and ignorant herd-mentality technobabble worshippers, however most experts estimate a direct link in 99.9% of cases.
"Don't mind Vitalik over there, even he's confused, after all he's just a shitcoiner."
"Can you believe Angelo actually bought some stupid internet token with a dog on it?! what a shitcoiner!!!"
"Wow, I can't believe Satoshi Nakamoto had such a deep understanding of the past decades of research in computer science, cryptography, money, personal liberty and so much more in order to develop and offer the world such an amazing tool like bitcoin... A shitcoiner would've thrown a few lines of javascript together with a big marketing campaign of influencers paid through a 70% premine and called it a day"