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I thought he burned all of those tokens
So no one thinks that all tokens being in the hands of “someone” creates buying pressure and would raise the price like equities. Well the assumption then is that if a token is not burned then there is no way to create upward price pressure. If correct then it will take a century to get to $.01.
One would think that if all tokens were owned by those who will hold for the long run there would be buying pressure (demand) creating upward price movement.
Am I all “wet”…wrong! That is not how cryptos work?
How many of these tokens are floating free and how many are owned? How can you determine e that number?
These dudes are nothing but a foreign dilution scam. There is no exploration. If there were with the price of oil where it is this POS would be flying.
How do you know how many tokens/coins are not held by investors
Just too many OS coins. We need the BIG BIG burn unless the majority of those coins out there are in the hands of folks who will hold them for the long term … how can you tell … crypto does not report those stats like an equity would…anyone know how to determine that number?
1:30 CDT
Yahoo…the company? How much did they buy?
Gotta burn hundreds of trillions rather than millions…that will get us there but who will do it…Blackrock maybe
Shares are limited but that limit is HUGE…1/2 Quadrillion…
You are right. That is why I say we are going no where without a Big Ass BURN … in the hundreds of Trillions … where does it come from…shibarium?
The economy has not been run into the ground. The terrible handling of the initial Covid spike did it. Supply chains have to be reconstituted, the great resignation because of the way workers were treated contributed, baby boomers decided to get out, all creating a 400K worker shortage etc. what is holding it up is money is now in the hands of the bottom half of the population who are spending. Unemployment is at 3.5%…that is NOT an economy run into the ground. Rising interest rates are good thing. Savers can finally earn without risking everything in the market…sanity is returning.
Austin Hilton from YouTube shows that SHIB is the 3rd most held coin by ETH whale accounts…
It’s nice to know that billionaires are following shib
Wow…I got out in iHub jail for such language
They’ll bigger billionaires
I am inclined to agree but there are some really big whales still buying this bxtch in really big chunks…so if it does spike they will be billionaires
Shib better hurry with this level 2 shibarium…I have been watching a lot of videos on level 2 and lots of coins are enetering this space NOW so shibarium might be obsolete before it’s issued.!
So you have to wait until the 2030’s for $.01…wow…the shibarium hype is claiming a lot quicker
100M
You disagree
That is true.
If it takes that long most will abandon coin…it will collapse to 7 or 8 zeroes (great buying opp for the patient) then really boom in 2027 or so
How does the token count get reduced?
Ok… so lots of folks are just tired of the constant “it’s coming”…I am still buying dips…
It seems as if the loyal crew are just waiting for something to happen … I am … it’s hard though
I don’t see how we burn the number of tokens necessary to move the price needle very much. 549T tokens is a LOT although Blackrock could take care of it with its petty cash balance ????
Timeline just keeps shifting forward!
No shit!
Without a BIG ASS BURN…I am talking 250T…shib goes no where
lilLu…what say you to all the vitrial being sent shitoshi’s way…you need to defend him…
No price action here while other coins are moving. What gives…? The promises for shibarium are worn out…action is needed…the use case must be established. What happened to “breaking the internet”?
Is the leadership here corrupt?
Hmmmmm!
Why does shib have no price action when all the other coins are moving like crazy…
Why?
I think it will…enough folks believe to generate a $7B mkt cap …
How do you know it’s coming? I am not being nasty…
What was the unrestricted number of tokens at the time it went boom?
First double digit increase in a looonnnnggg time…
I disagree … doge is the joke…and shib came to kill it
Define meme vs stable?