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Early holders cashed out and become new millionaires, we are second generation and still get in relatively early in Shiba development
Shiba coin have bright future. With so many catalysts in progress .01 is a given just a matter of time.
950 million coins strong, averaged at 4400 never sold any only adding the dips and holding.
SHIBArmy
It's all good. Let's see what this biggest to date in network confirmed burn will amount to. And you know that all of us here and there and everywhere will welcome 500 Trillion coins burn. I am just happens to be in a doubt right now that someone will actually burn something close to $20 billion dollars worth of coins at current prices at once by one push of a button. Make it happen tomorrow and make me a firm believer. SHIBArmy
There won't be any massive burn, you will see. It's going to be rather slow and lengthy process that will take years to accomplish significant amount that gets burned. I might be wrong and hope that I am really wrong about this one. I still have strong support for Shiba and believe in it's success in a long run.
SHIBArmy
Long wait until January, but alright you talked me into it, I will agree to wait until January as long as Shiba permanently lose a zero.
That's right, keep all of us here straight.
SHIBArmy
Lol, that's for sure.
Would be awesome to see that $1 dream come true in my lifetime.
SHIBArmy
Well, If anyone here that thinks they have too many you can donate extra few hundred millions of Shiba coins to me so I will have enough. And I will use it for a good cause and will commit 10% of your donations to burn. Do we have a deal?
I had similar experience with pink sheets stocks. Some i have sold for a significant loss and used for tax write off just after some time noticed that dead stock skyrocketing 9000% of initial investment. The other ones that I held on to after being dead for 4 years came back to life all of the sudden and I been able to double my investment and after a few days later I learned that I have sold it too early should I have waited just a few more days I could have got ×10 as much. Go and figure. Lol but that's my experience and should never be considered as an advise to buy or sell anything.
The whole world is not enough. It's a relevant term depending upon many factors. Greed doesn't have limits.
1 how much do I need?
2 how much can I afford?
There are people buying billions and trillions of coins. You think it's enough for them?
Or you think everyone can afford to get several million dollars worth of Shiba coins?
We should be contented with what we have striving to achieve greater success in order that we would be helping those who are in need. In reality many of us already have way more than what we really need.
Exactly, they or he created quadrillion coins and I understand that they're not goofing up every day all day long after coins are created. They are still spending long hours in front of computers and on their phones working on the projects improving utility etc etc. But all of us whom buying these coins we are participants the investors who believe in the future success of their projects, we are the community who stands in support of their work and their projects. They are creating wealth for themselves by improving utility and creating new projects which will improve and add value to their products "coins" and we adapt and start utilizing their coins for all sorts of transactions and turning their coins into a useful cryptocurrency showing to the skeptic in practice that it's safe and secure and convenient and easy to use as a currency to buy anything anywhere and its excepted everywhere because of the very same reasons. Utility, fast safe and secure and cost effective transactions and it's worldwide trust and acceptance, continuously decreasing total circulating amount, so at the end we all benefit and we all need and depend upon each other.
SHIBArmy
Good thoughts, but one must understand that there is no government in the world can afford to accept the digital decentralized currency, the moment they accept that they will go bankrupt and cease to exist. By controlling the ability to print the paper money as currency is their the only means of existence. Fiat currency and their federal reserve and banking system are faulty and failing but the only fix of that is mark of the beast, that will give them the ultimate control over the whole population. As bad as it sounds but in my opinion there is no other way around. You see, governments want to and has to have control over the people otherwise people will control governments. Something to think about it.
Gift card purchased only shows that Shiba coins are used for the transaction. You can get a gift card by loading it with Shiba coins and use it everywhere where Shiba coins are excepted as payment or load the card using Shiba coins but convert them into dollars and use that card wherever Visa or Master card is accepted as method of payment ether way Shiba coins are used for transactions and possibly by purchasing such gift cards through participating merchants again certain percentage will be burned. Worldwide acceptance by merchants and over the time Shiba becomes preferred method of payment and preferred currency will inevitably lead to dramatic increase in Shiba value
SHIBArmy
Everything is possible but there is a price ticket comes with everything that's possible and question here should be posed: who is going to pay the bill?
There is no such a thing as a free lunch, it's always cost something to someone even if it's free to me.
Thanks, that is good and long waited for explanation of how this whole coin burning ordeal should be going. And of course if somebody wants to burn their coins they surely can do that, feel free to do it. It's just not required because everything that's going on in development has a setup in such a way that certain percentage of coins will be automatically sent to dead wallet to be burned from each transaction. Like each song you listen from that site Playlist that participate in promoting and advancement the use of Shiba coins the brick busters game, when people or kids play that game from each game played percentage of coins are automatically going to be burned and each cup of coffee that's purchased from participating merchant a percentage of coins are committed to get burned. Number of merchants that participate in promoting use of Shiba coins are constantly growing around the world that means that Shiba coin transactions constantly growing and amount of coins that are getting burned always increasing and will continue to increase and speed up over time. Nobody going to burn even a 100 Trillion coins at once for one simple reason: you multiply 100 Trillion coins at even current price .000037 and you will get $3.7 billion. Now can anyone tell who in his right mind would take and burn that kind of money? I wouldn't! Would you? You can ask the billionaires like Elon or Bill Gates or Warren Buffet if they would burn that kind of money, and if they will which I highly doubt, they can go right ahead and burn it I don't mind at all and it might be a pocket change for them. I'll be straight forward and tell you all that I can't afford to burn money I'm working hard for.
SHIBArmy!
SHIBA is a DYNAMITE! Ready to explode
The whole community is waiting upon confirmation for total MASSIVE BURN some fake or system glitch won't do it.
Staked and buried Shiba coins are not the same thing as burned! Everyone must understand that clearly. Burned coins are sent to supposedly a dead wallet forever taken out of circulation. The other two are locked for a particular period of time for perticular purposes. I haven't staked or buried any coins yet but I believe that's how it works, you choose the period of time and amount or percentage of your coins are going to be staked or buried and for that set time period your staked or buried coins are excluded from total circulation amount. You have freedom to keep your coins buried longer than initially specified to increase the benefits or you can forfeit the benefits and unburie or unstake earlier committed coins and take them back in your possession which brings them back to the total circulating amount because coins in your possession can be put on the market for sale at any time. And in all this process some percentage of the coins are going to be used as fuel payment and some will be burned. This process is better described on Shiba site which clearly describes how to buried or stake them and it's benefits
Coinbase still show 549 Trillions in circulation
That's pretty deep thoughts????¥£â‚¬? &%#$@!!..
I'm all for it but I doubt that that many will be burned at once.
That's what he said, don't be smart Alec
I'm stoked and locked and ready to add some more on the dips.
Crypto has No Fear!
Still in it's early days, just wait until Bitcoin hits $100-$150 thousand mark, it will pull up the rest of alt coins higher.
$1 Dream is so possible.
950 million Shiba strong.
Did they provide the proof that they got rid of Shiba coin or they just using this trick to scare their peers into fire selling so they can load the boat on cheaper Shiba?
You mean .00000105?
Let's now think for a second: I'm a developer and I have created 1 quadrillion coins and there's a lot of coins but they not traded anywhere and therefore worthless or to say worth very little. And I want to pump them as much as possible so I think of a dozen great projects that could increase the value of the coins, utilities, games, metaverse, stable coin, expend to all kinds of exchange platforms minors and major etc etc. And I can suspect that the coins will exponentially grow in value so I take half of the coins and sending them to whomever I want to send hoping that that person going to burn 90% of them and donate the rest of them for a good cause at their own expense doing a great favor to the success of the coins acceptance in the world. Take the other half of the coins and locking them in some swap place for undisclosed period of time renouncing the ownership. Totally relying on the community and coinarmy to drive and sustain future growth in value and expecting that community and network at the same time will voluntarily burn significant amounts of their coins to promote rise in value while developing and working on all those great projects for free. Now how is all that sounds like to you all?
Convincing isn't it? You can't send any coins to just anyone like email you got to have an eWallet and wallets address for sending the coins to begin with and then you got to make lots of money to finance your projects development and get nice chunk of money for your self to make nice living and selling coins that's just exploded a dozen million % in value would do that would it not?...
Any thoughts on that one?
Fiat, silver and gold are no good as a currency, too many problems associated with each of these, I don't want any of them, you can have them all. I will stick with cryptocurrency. Crypto: I don't need a third man like The Bank to safekeeping for me and to do all of the transactions for me and on my behalf which takes way too long to complete and I must agree and comply to all their terms and conditions and they charge you arm and a leg for that? and then they can suspend your account and when you need to get your money out, they might be closed for business and/or they will simply say we don't have the funds available and send you politely to take a walk or say you can only withdraw a 200 bucks a day etc etc. You know what I mean don't you?
Don't expect to become multimillionaire tomorrow or the next day and don't think that it's scam and will never amount to anything. Bitcoin, when first came out, white paper explained everything about it and it's still standing the same never revised/updated. Yet, there was no blood on the street - so to say, while some knew it's value and went all in, majority and wall street was bashing and criticizing and laughing at all day long until it slowly but surely increased it's value to what we have today and it hasn't stopped growing yet. So, give it some time, let Shiba go it's own course with it's own speed, let it grow! Don't you know that growing up takes time? Like, years and years!??... Will it ever get to .01 a penny? I'd say it will. Probably won't happen tomorrow or the next day. Will it ever reach $1? I surely like to see that happen. When will it happen? We'll have to wait and see...
Just my thoughts I'm entertained with, don't be influenced by anyone. Do your own due diligence before you make any decisions and take responsibility for the decisions you make.
Merry Christmas and Happy New 2022 Year!
It will run on next pump and likely will set new record high, price is not influenced nor effected in any way by anything that's posted on this board whether it's positive or negative. Nobody knows or can predict when next run will begin, we all can speculate about the timing and that's all we can do, and we can wait and we can hope. Until then, we're all hopeful bagholders. The biggest hope you have the bigger bag you will hold. Just my own honest opinion. For some reason I am still waiting for the dips and keep adding more and more as it keeps dropping lower and lower.!?...
Unless 1 million wallets that's holding Shiba agree with you on that one I will join you until then you go ahead and burn your Shiba your self. Administrator/creator Kusama in all probability holding majority of the total coins in circulation and they will have to burn most of the coins. We had to buy them coins but they didn't buy them they created them and then selling them coins to us.
I have totally missed 30, hoping it will come down to it again.
Let's all give our best shot at guessing what amount of coins will get burned to see who's guess would be closer to the reality. I say it will be around 38 Trillion! What you all think?
Yes sir! Thumbs up! Hey Ho Let's Go!
SHIBArmy.
So funny! These people have bought in the position at the very highest point of the run and they are right now in deep deep red territory and they are bashing this coin hard all day long!...
There is easy solution: sell all your position at loss and use it as a tax write off and leave the room gracefully without slapping the door behind you. Lol
Shiba is very young crypto, and there is a bunch lucky dogs got billions of Shiba coins for pocket change and now they're selling like crazy cashing in, their heads are spinning from this kind of money coming in. But soon enough all who's loading now will experience same head spinning feelings even if it comes in 5 years from now. IMHO
SHIBArmy
That's how I see it as well, Shiba has only one way to go over a time and that is growing and rising higher and higher.
My goal is to pile up a billion coins and I'm almost there. After I reach that mark I will just sit on it for a while and watch how it goes and if good opportunity will give me smiles I will add more
SHIBArmy
For the youngsters Shiba coins could be great retirement investment. Would be a sure thing and far better than social security and 401k in my opinion.
SHIBArmy
It could be a few bumps on the way there but we'll come to that
That's right! Seems like you got this one figured out. Lol
SHIBArmy.