Only the price that is the factor of a shitcoin? lol, you need to learn about decentralization.
Not only price.
Then, what other factors did you have in mind when you said this:
"Besides I can be correct to say that bitcoin was once a shit coin, when it was worth many figures less than a cent."No, you can't be correct in saying that because nobody in their right mind called Bitcoin that.
The term "shitcoin" was first used by member ribuck back in 2010, when he perfectly predicted what would happen in the following years:
...it would have to be better in some way other than just "I started the new chain, so I've got a lot of the easy-to-generate-at-the-beginning-coins."
You say that now, but if bitcoin really takes off I can see lots of get-rich-quick imitators coming on the scene: gitcoin, nitcoin, witcoin, titcoin, shitcoin... Some of them are sure to attract users with promises like "Why use bitcoin, where you can only generate 50 bitcoins every few months? Use shitcoin instead, and you'll get 51 shitcoins every 2 minutes".
Of course the cheap imitators will disappear as quickly as those 1990s "internet currencies" like
flooz and
beenz, but lots of people will get burned along the way.
From that point on, the term "shitcoin" was a synonym used for all the clones and copycats of Bitcoin, with no real purpose, that followed.
I am not defending altcoins but I am saying that altcoin promoters or lovers shouldn't be segregated.
Why not? Even those into altcoin lovers (God forgive me for saying this) have the right to speak their mind, and they do have their own space on this forum. The Altcoins section is there mainly because all altcoins are basically spin-offs of Bitcoin, so they're connected to Bitcoin and blockchain tech in some way. But let's be real, that doesn't mean the altcoins talk is super crucial for the whole Bitcoin ecosystem.