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Burning 89 Trillion Shiba tokens - I would call it "wild". Anything below that mark is laughable.
We'll have to wait and see how the ongoing projects, once finished and other promotions affect the price and then go from there.
Anybody can do it when we add 10 zeros.
At this prices the best we can do is to approximately get to burn around 740 million - 1 billion tokens per month. It's simply way too expensive for doing that.
You can't R/S crypto, only stocks.
Crypto made differently. Burning to the dead wallet is so called "R/S" in crypto
The only possible way of significantly reducing amount of circulating tokens is when we add 10 zeros to the current price and then we could burn at least 400 trillions of tokens. That's pretty much the only plausible way that I can see it, otherwise it's only going to be continually sinking into the oblivion, I hope that I'm so wrong about that.
By burning 1 billion Shiba per day every day won't get you nowhere price wise for a very long time. 549 Trillion tokens are in circulation. 1 Trillion = 1000 billions. Does anyone here any good in doing basic mathematical calculations?
What is 740 million tokens burning in a month amount to? Yes, it shows that some very small and insignificant amount of tokens have been sent to a dead wallet presumably, the burning rate is up. OK, we all get excited and that's it. Now we need to muster another "BIG" burn next month and up that quantity this time to a 1 billion tokens and make a big deal out of it and get everyone excited about it and keep going in that direction for about 100 years and by then we might make a dent in price. That's excitement, that's positive energy!
I am losing faith in Shiba, somebody halp me!
With all this positive energy going and all those positive articles here their and all over the places and SHIBARIUM IS COMING, with all these increasing burns going that will take forever to reach even 1 trillion tokens burned level, I'm under impression that I will never be able to recover my investment in this Golden Pot promising at the end of the rainbow DOGE killer Shiba meme token! I'm hoping that I will not come to the point where I would have to say: I love you Shiba, you are forever mine with tears running out of my eyes like a river.
Ain't that the truth.
Yes sir! Crap has been cut.
I don't think that way, but you right some people do.
We also can regulate inflation same way which will help to bring ever-growing prices on energy, food and everything else down by burning 30% of our paychecks every week or month depending on your payroll! Huhhhh? Ohhhh! Yeahh!..
God is on the move! And we all moving towards one world order and mark of the beast, without which no one would be able to buy or sell anything!... do you know anything about it?
And crypto is part of it.
What is your thoughts about that?
The great US of A is pushing bills through Senat so feds can gain full control over crypto and thus be able to regulate it. What does that means?
Simply, it means that they wants to control the whole world's crypto making the whole crypto CENTRALIZED! So THEY would be able to see and control who has what, how much and what you do with it and with one push of a button to be able to freeze your e-wallet and empty it just as fast and easy. But that's was the whole idea behind the crypto development to be free from any government control and having it to be Decentralized!
I doubt anybody understands that, very sad.
After Armageddon happens, we'll have to wait about 100-200 more years before internet is restored and smartphones is back. Maybe we should be looking to get loaded up with bullet proof jackets AK 47 and bunch of ammo and perhaps anti-tank missiles?
ARMAGEDDON soon! Waiting on .000014
None of us can afford to sell unless you just bought it yesterday, and are willing to sell for a loss. Lol. We can only cost average on the way down and keep on holding.
That's really good strategy, how did you come up with that?
Flipping the coin to find out whether you should buy or sell? Hhmmm! Uhhh!
I usually use crystal ball, accuracy- 50% I will combine mine strategy with your strategy to see if I can improve on the accuracy rate....
Shiba crypto, Putin is hiding in DC.
US defense ministry funding research and development of biological weapons in biolabs in Ukraine?
Just like they did in China and the whole world got infected with Corona virus?
I don't know about you all but I'm loading Shiba! Shiba will explode soon.
And I'm hoping that only Shiba going to be exploding and nothing else besides Shiba, the energy prices already exploding.
Was I talking about Shib being shorted?
Learn how to read, you are illiterate, lol. Low and middle class hard working people in attempt to safeguard or grow their life-long savings by trusting these big and respected national funds. And those funds that consists of money that people earned and were saving for the retirement, like pension fund and social security, management of which are getting involved in all sorts of PUNZI gambling schemes that's loosing billions of dollars, instead of slowly growing their savings, their savings gets wiped out. And that's why there are ever increasing numbers of people loosing their trust in those funds, trusts and banks for safekeeping their hard earned money and start managing their own savings by themselves by investing in CRYPTO! Yes, they are increasingly investing in Shiba and beyond because Shiba is crypto and continues to expand retailers acceptance worldwide. But Shiba is not the ONLY crypto available out there, there are plenty of choices to choose from, that is why I believe that not only Shiba will grow in value over a time even though they have enormous amounts of tokens in circulation but the rest of crypto will continue to steadily grow following Bitcoin. Bitcoin will be always the leader of the rest of altcoin and tokens and NFT and meme coins. Just my own honest opinion, which is expressed here there and everywhere for entertainment purposes only and should never be considered as an advise to buy or sell anything. Do your own DD and own your decisions. For financial investment advice you must turn to trained licensed accredited financial advisors in your local area. GLTYA, it's been fun.
Completely agree with article and this article validates what I have said in my earlier posts.
Crypto is safe haven for the money people worked hard for all their life and multitudes are slowly realizing that after so many testimonials that they are losing their savings due to inflation and always shrinking pension fund and social security funds due to greedy and simple theft by crooked fund management that always get richer and get away from punishment for their crimes.
So it's true about crypto has only one direction to go and that is Up! I will DD and post later on how much money has been lost by hedge fund that was using the pension fund enriching themselves when they were shorting the Game Stop company.
When freshly created tokens moved in to the uniswap, they are still really really cheap and they are traded like on only one exchange, there are like 12 zeros after the decimal and at that price you can get a truck load of them for a thousand bucks and if you have 10 grand you would be able to load up trillions of them. I don't know if devs got them for free but they could have got loaded for pretty cheap. I'm pretty sure they would not wait until them tokens grow more and more in price to load them.
Ohh! This is well articulated. That's why they make the kind of money they do. There is no way I would be able to come up with something like that. I guess it comes with experience writing that sort of pr over many many years. Lol
Feds will keep financial system stable by all means until reelection, after that - watch out!
Just hang on tight to your seats a little while longer, when signs of failing worldwide financial system will become more and more evident the volume and price surge will be epic, all capital will be pumped up into crypto, all sorts of crypto, rich will pump into Bitcoin mostly, working middle class will pump into everything that is more affordable, and Shiba is well known in the world and will be preferred crypto by most! Fiat will stop to interchange into other countries currency abroad and be valid only in their native country. Not so with crypto, it will have preference over the fiat and sought after.
I don't think so personally, whales buying large quantities not only Shiba, they buying large a lot of different things besides Shiba simply because they can and by diversify their portfolio they increase chances of striking Gold in some of their investments which will justify their losses everywhere else.
It's just good investment plan generally speaking.
It would be a good news but not the internet breaking kind of, and it's true that they will continue to expand on the Wellys locations and we should hear some news on Shiba partnership with other food related industry in the future.
I got this one. Let me have a shot at it. The internet breaking news could be that we are becoming a World money replacing the $
Lol, I had same thoughts!
But on the other hand that's exactly what you do when you're so crazy stupid rich! In a good way.
Respect to that guy and many other who does the same thing!
I'm still laughing....
In my opinion when Bitcoin rebounds it will pull up the rest of them with it. Which crypto would perform better than the others? My guess is as good as yours
Diversifying your portfolio is what I like doing it.
That's good definition of break the internet hype.
Speculative investment caries high risk but also promising higher rewards!
And these high dollar buys could depend on many different factors, your expertise and experience and funds available to you purpose and goals.
I'm of the same opinion or at least those people who are better off in life who can spend millions of dollars to buy them should be more proactive in burning to bring them price higher. For instance it's too expensive for me to burn anything, I simply can't afford it. I work hard physically to make money for a living and them $10, 20, 50 worth of Shiba burned by me won't make any difference whatsoever....
I would assume that dumping continues from all those that bought in early and haven't capitalized on it's peak performance and after Shiba sank this much from it's peak the fear sets in and they sell or those many that bought it at it's peak again are selling it to cut the losses because of fear or FUD.
On the other hand we have a lot of new investors that are believing in Shiba future growth and it's projects in development and are loading up their boats. If there wouldn't have been much buyers but only sellers Shiba would have been laying flat on the floor long time ago. You all do what you gotta do but I ain't going to sell. Remember, you might be in red territory but you haven't lost anything until you sell it. GLTA
You alright! Later Gator. Comeback again.
100% agree with you but who's going to pay for it? I don't want it to be done at my expense, I already paid a lot for it.
Where did everyone go? Seems like I am taking here to myself. Lol
I'm just being sarcastic in response to our CAPTAIN know it all, been there done that, talking nonsense about 50 years from now that will be this, that and the other thing. And his theory are so funny it cracks me up but he seems like sincerely believes in it so I rest my case. No point arguing with him there are people that believes that earth is flat and there's no way you can prove to them that it's not so!
In every country soldiers willingly die in combat with their enemy for their dictator. It's always been that way and that's how it is and always be like that. What are you smoking?
Mr. Putin don't have anything against crypto mining in Russia as long as taxes are paid on the profits from mined crypto because it could be very profitable business. Russia is interested in having crypto mining business and crypto exchange operating in Russia, but they must pay taxes and that's all nothing else. Same thing He said about Ukraine that He doesn't care about it what Ukraine grow or who is in power there as long as Ukraine never joined the nato and are demilitarized and stop threatening Russia. But if you are deaf than believe anything you want thats your freedom. If Ukraine wants to grow weat and corn or whatever and be the bread basket of the Europe it will be able to continue to do so. Only without it's military on steroids and without joining the NATO and without a nuclear bomb. A school girl can understand that but you can't.