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...and they are the key to our future. Without a Mega burn by them, we are doomed.
It'll either be a treasure or a turd.
Under a penny, I wouldn't even consider using this as currency. That's why it's imperative this goes north of one cent. It's survival depends on it.
3.2 trillion coins purchased and nary a blip on the radar.
Yes, the "devs" are the only ones who can make a real difference here.
If they do a simultaneous burn then the resulting increase in coin cost will offset their "losses" in their remaining coins.
That's minuscule and not Mega.
Define massive burn?
Anything less than 100 trillion is a waste of time, IMO.
Bitcoin has a coin structure conducive to rapid growth. Shib does not.
That's why I believe the novelty of this coin wears off quickly if the developers don't implement mega burns by the trillions at a time.
I don't see Robinhood as being the next catalyst, if that's what we're expecting and waiting for. They shot their wad.
I'm with you on this.
I thought the "boom" would have happened with Kraken. Now we're lead to believe it will come with Robinhood.
This feels no different than a typical stinky pink stock.
The sad part is they did this bassackwards. The developers should have increased the value of the coin first and then brought in the retailers. Who now wants to purchase items with coins worth 1/100000 of a penny?
It's becoming clear that the Kraken's and RH's of the world aren't going to send SHIB soaring.
It's going to take a colossal burn to make that happen, IMO.
Amazon?
Is it possible RH has been the one suppressing the price as stall tactic until they go live?
That's the only news that will count.
Agreed. $.01 will be very difficult - $1 darn near impossible.
So much for a Shytoshi run!
Unfortunately billions are just a fart in the wind with this token.
Shiba laid a NewEgg.
It tells us Shytoshi is a tease.
When will Shytoshi's much hyped news drop?
Not a darn thing. Why would anyone spend millions of tokens for a computer part of even a cup of coffee?
Supposedly there's some good news coming from Shytoshi this week, right?
You'd have to burn darn near every token to reach $1.
I agree with the statement that hundreds of trillions of SHIB coins need to be burned and quickly, otherwise this token goes to the back of the closet to collect dust.
Wouldn't surprise me, unless we get a catalyst that becomes reality.
The burden of 550 trillion circulating coins is preventing SHIB from moving upwards. There can be catalysts until the cows come home but until they address reducing the number of coins we're hopelessly stuck.
7.9 billion people in the World and Shib can't attract another 15K people?
We are a small community.
At what price point does this token need to reach before holders begin to think of it as currency versus an investment? I wouldn't even consider letting go of 200K coins to pay for an AMC movie ticket.
Is $.01 that tipping point?
That's where I got in.
Add a "T" to Bullish and you've nailed it.
Ditto here.
In my opinion the only person who can save this token from demise is Mr. VB himself.
At least. Without a breakthrough catalyst this continues to drop.
Answer: A Mega Burn, like the surface of the sun.
If it doesn't happen within 1 year I guarantee there'll be dozens of shiny new cryptos that will quickly replace SHIB. SHIB will be a distant memory.
No, this sucker is constipated.
What was the Developer's rationale for creating a coin with 1 quadrillion coins?