shitcoin

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English

[edit]

Alternative forms

[edit]

Etymology

[edit]

Blend of shit +‎ Bitcoin.

Noun

[edit]

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[1]:
      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[2]:
      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[3]:
      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

[edit]