Is Bitcoin (BTC) a shitcoin?
$ No. Strong fundamentals, few red flags.
Gold-meter
77/100
merit score
Shit-meter
3/100
red-flag score
Bitcoin: Strongest on fair launch & distribution (100); no major red flags.
— — Market Cap —
Layer 1 · Data confidence medium How much of the methodology had verified data behind this score. It says nothing about the project itself. Is this verdict fair?
Community opinion — never affects scores.
Every score is built from the indicators below. Select any line for the reasoning, raw data and source.
Goldcoin score breakdown Higher is better · total 77 Cost to attack measured 100 > $10B (est.) Full bear markets survived measured 100 3 Halts or rollbacks, last 5 years measured 100 0 Years in production measured 100 17.7 years Fair launch & distribution 16% of score 100
Top-100 holders' share measured ?
Unknown Genesis allocation to insiders measured 100 0% Launch method assessed 100 Fair mining / fair launch Decentralization 16% of score 72
Consensus mechanism assessed 100 Proof of work Largest client's share measured 25 83% Permissionless participation assessed 100 Anyone can mine or validate Reachable full / validating nodes measured 100 25,799 Nakamoto coefficient measured 37 3 Usability as money 10% of score 28
Confirmation speed (L1) assessed 15 10 min or more Typical transaction fee (L1) assessed 40 $0.10 to $1 Tech & development 12% of score 71
Monthly active core developers measured 84 47 Open source assessed 100 Fully open Originality assessed 100 Novel design or research Programmability assessed 0 None (payments only) Annual fees ÷ market cap measured 23 0.005% Daily active addresses measured ?
Unknown TVL or non-speculative settlement ÷ market cap measured 100 153.7% Security budget 10% of score 59
Fee share of security rewards assessed 15 Under 3% Real reward to securers assessed 50 Roughly break-even Security spend (rewards ÷ market cap per year) assessed 70 0.75% to 1.5% Security trend (hashrate or staked share, 1 year) assessed 100 Growing Supply soundness 14% of score 100
Current annual inflation measured 100 0.818% Supply policy assessed 100 Fixed hard cap
Shitcoin score breakdown Higher is worse · total 3 Admin powers 15% of score 0
Freeze or blacklist function measured 0 No Mint authority measured 0 None Upgrade path measured 0 Immutable or hard fork only Insider control 20% of score 6
Team, investor and foundation holdings measured 11 ~5.5% (est.) Top-10 wallets' share measured ?
Unknown Who controls upgrades and governance assessed 0 Broad rough consensus Market cap ÷ annual economic throughput measured 0 0.65× Function beyond speculation assessed 0 Money, gas or collateral Token needed to use the product assessed 0 Required Hype dependence 10% of score 2
Celebrity, influencer or politician launch assessed 0 No Social mentions ÷ active addresses measured ?
Unknown Trading turnover measured 4 1.8% Track record 10% of score 0
Core-protocol exploits with user losses, last 5 years measured 0 0 Regulatory enforcement against the issuer measured 0 None Unlock overhang 15% of score 0
FDV ÷ market cap measured 0 1× Unlocks in next 12 months measured 0 0% Methodology v0.8 · computed 2026-09-29 