Shibarium has been live for a little over a year now. By my calculations, about 70 billion Shiba have been burned in that time. A lot of the burns had nothing to do with shibarium.

At today’s price the burned amount for the year would be worth about $910,000.
It’s not the worst start. I think the metaverse / gaming holds a lot of potential for burning some I’m anxious to see that get going.

The bottom line is that burning is comparable to money being invested. It helps the price. There’s so many tokens that big drops can happen at any time, but I believe that if you make this a long term investment and buy more on any big dips, it’s a winning strategy. JMO.

Please make your own decisions regarding Shiba Inu as an investment.

Remember Tomorrow

Come on Torez. Don’t be uncle salty.

RT

You don’t want to see me sing with Steven Tyler?

RT

I hope to see you there. You’re one of the many characters that have graced the shiba board. Any past squabbles will just be water under the bridge when the yacht is sailing through a sea of money. 🍺🍺🍺

Remember Tomorrow

Interesting attempt to score an invite.

RT

You’re right. It’s not good. It means he’s either a liar or a dope. JMO.

Remember Tomorrow

Yeah, I'll probably already be retired before this pays off, but I'll still take it. Like others on here, I have a sizeable investment in XRP as well. That one is likely to pay out first. JMHO.

Remember Tomorrow

One more thing that I forgot to mention. A couple of years ago, I had also read another article about a different blockchain "Lithosphere" that had plans to support Shiba Inu by burning Shib using their P2E Series. The article said they have plans to burn 100T Shiba Inu. It is a little ridiculous for them to throw out numbers like that when they were still years away from doing it and being able to do it would largely depend on what the price at the time is. So I'm not counting on that, but even another blockchain wants to contribute to burning Shiba.

I had to sell off a big chunk of my Shiba Inu recently so I'm down to only 700 Million Shiba, but I will continue to add at these prices when I can and I still believe that doing so will pay off big one day. Again, these are just my opinions. Please make your own decision regarding your investments.

Remember Tomorrow

Hi Fnyack,

My thoughts on Oscar's video is that he is not considering Shiba's entire ecosystem which is not fully functioning yet. In my opinion, the burns we are looking for will come primarily from 3 main sources which are:

1) Shibarium transactions
2) Metaverse & Gaming
3) In real life businesses

His complaint is that there is not currently enough Shib being burned. Do I wish it was currently higher? Yes, but anyone that looks at the burns now and chooses to walk away is possibly going to miss out when things ramp up. I read a business article a couple of years ago that said the Metaverse Market may be worth between $8 and $13 Trillion by the year 2030. Those projections may be wildly inaccurate, but Shiba has an all star gaming team working on Building a top notch Metaverse with big plans for gaming that will incorporate burning tokens as part of playing the games. I wish this would get released sooner, but giving up on burns before the Metaverse is operational is a mistake in my opinion.

As for Shibarium, We need to get a lot more activity on the block chain to initiate bigger burns. Right now is basically allowing transactions for free. That's how you encourage the masses to start using it. When it becomes a dominant block chain, they can increase the fees to something that can make burns relevant. It's sort of like a drug dealer that gives a way free drugs to get someone hooked and then he takes everything she's got and forces her into a life of prostitution. Right now Shibarium is giving away the free stuff.

Last is in real life businesses. The world hasn't really embraced blockchain yet, but it's happening. Businesses will start coming on board and when the ecosystem grows large enough, those businesses will realize that offering a percentage burn for purchases is a decent incentive to attract business.

These burning methods are still in their infancy. Everyone wants this to go .01 tomorrow, but unfortunately it's more likely that we'll have to wait. I said a couple of years ago that I thought it might take us 10 years to get there. We're about 2 of those 10 years into the journey in my opinion. Oscar needs something to talk about so he found a subject that can grab attention. We'll probably see him in a few years doing a video on how Shiba Inu has the best burning mechanisms in the crypto world.

These are all my own opinions. Please make your own decisions regarding your investments. Particularly when it pertains to Shiba Inu.

Remember Tomorrow

I missed it because I was out at a pool party, but I did just buy some 14’s.

Remember Tomorrow

I figured you were just overestimating. No worries. This is just my opinion but there is a ton of potential here. Like I pointed out this morning, Token wise, the burns don’t seem like much, but the burns in dollar value show real money is consistently being put into this. Just through burning not buying.

In my opinion, it provides sort of a safety net against getting wiped out on your investment. And if you’re willing to add more at the times when there is sizable dip, it could be a great opportunity.

The only way I see investing at these levels being a bad decision is if Shib goes completely belly up. But I don’t see that happening unless crypto as a whole doesn’t make it. But the technology just seems to useful to the world for that to happen.

If you’re going to invest here, try to believe in your investment. Maybe become one of us cheerleaders. If nothing else, it’s a lot more fun that way. The rewards may not come as fast as crypto investors want, but I think we’ll all do well if we continue to hold. JMHO

Remember Tomorrow

There are plenty of things that could cause this to go up. I’m surprised that you’ve held for longer than the token has been around if you don’t understand that.

I’m also surprised that you aren’t the biggest cheerleader since you must have made many millions of dollars on this having bought in so long ago.

Remember Tomorrow

The burns haven’t been what we have hoped, but even still, in the last 9 months, there has been thousands of dollars worth burnt every day on average. That’s significant. And I think the metaverse and gaming hold the biggest potential for burning and those haven’t started yet.

The huge supply could actually help with adoption. Hard to get countries, banks, gamers, etc to adopt usage if there are no tokens available. With more adoption will come more burns. JMO.

Remember Tomorrow

And yet, even though I didn’t start buying shiba until it was in your words, garbage, I have still managed to double my money. If Shiba is garbage, I’d really love to find a good one.

Remember Tomorrow

Happy Memorial Day everyone. Especially to any military service members. Thank you for your service.

Remember Tomorrow

Fools

CT gets a lot of things wrong, but I think we can produce some good representation to parade down the catwalk.

RT

Oh. Playboy bunnies at AP’s party? Nice! The party just keeps getting better. But I don’t think I could get so lucky. We’ll find out that the woke agenda has caught up with playboy and we’ll meet the first ever trans playmates. 😱

Remember Tomorrow

Government intrusion and hackers. They both worry me. Hacking happens too often and keeps people away from crypto.

RT

Okay, but if I’m paying, they may need to let me sing a song. They just need to wait until I have 7 or 8 beers

RT

Nice. I hope some of those hit for you. On another note, thank you for your military service.

Remember Tomorrow

Okay thanks. While I know gains can be made in situations like that, I’m always the guy that loses that game of hot potato so I’m sticking with the cryptos with utility. Good luck.

Remember Tomorrow

What does Pepe have going for it? Blockchain, Metaverse, in real life business partnerships? This is a serious question. I don’t know what they have to offer.

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How fast we get there is largely going to depend on how successful the metaverse turns out to be in my opinion.

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Yeah, Im not sure why Rick moved on, but I expect that he’ll be back

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I appreciate the kind words Lu. I need to update you on something though. When shib kept dropping last year, I knew it was too good of a buying opportunity to pass up so I did what I could to delay my plans to buy a new car and I kept buying Shib whenever I could. I managed to get my total to over 3.5 billion. Me and Shib for the win.

😄

Remember Tomorrow

Welcome back lilLu. It’s nice to hear from you. More than anything, the board needs your enthusiasm. Most longs are up significantly, but those are the normal people. As always, the complainers have nothing better to do than to aggravate others. Grizz fights them off pretty well, but the board can use more posts worth reading these days.

Remember Tomorrow

Don’t you belong in a tent on a college campus?

Remember Tomorrow

The way I read it is that Arkham shared the info, but the 41% owned by a wallet is not owned by Arkham. They are referring to the dead wallet that holds the 410 trillion burned by Buterin.

Crypto.com is listed as the largest holder at 3.7 percent. I think it’s 37 trillion which would be 3.7 percent of the initial supply.

Remember Tomorrow

I wouldn't say that I miss the hype. I miss the posts that were either filled with good knowledge or fun discussion. They were often a combo of both. When I first decided to jump into crypto late in 2021, I knew nothing about it. For a decade, I had just thought of it as electronic money and nothing more. After a decade, it occurred to me that crypto wasn't going away so I started looking into it. Shiba Inu stood out because it had just gone through it's epic run to the all time high and had already retraced back into the 3's.

I needed to learn so I was reading the message board and Lu's posts stood out to me. They helped me understand what Shiba and crypto in general had to offer. His posts gave me confidence in investing in Shiba because as he explained things he expected to happen, it all made sense to me as an investment with big potential. I ended up with a real solid grasp of what makes Shiba a great risk / reward investment and it's largely due to Lu.

As for what you consider hype, I saw it as enthusiasm. I like enthusiasm. As long as it's realistic, enthusiasm is fun. Way more fun than most of the other posts. Most posts offer no important information and nothing fun. When someone does post something worth while, it's followed with someone trying to trash the investment. I'll take a fun and informative Lu post any day of the week over most others so yes, I guess I do miss the hype if that's how you want to describe it.

Remember Tomorrow

Excellent advice.

Remember Tomorrow

Just checking, that seemed like his list.

RT

lilLu ???

Finally going to trade in their doge for Shiba. It should have happened already, but better late than never.

Remember Tomorrow

Then you’ve got the wrong last digit, you hit the 1 by mistake.

RT

Yeah, those guys better be at the yacht party. Lu promised that he was going to get Steven Tyler there.

Remember Tomorrow

If I can make 40K every 2-1/2 years investing, I would consider that very successful and be happy with it. I’m surprised you consider an investment with that type of return, crappy. Especially when you consider that it is likely to do much better in the years ahead.

So tell me, if this is such garbage, what should I be in instead. Choose wisely, if you go on record.

Remember Tomorrow

Yet somehow even before the metaverse starts burning massive amounts of shib, I’m still up about $40 K. Let that sink in.

Remember Tomorrow

It’s not that the longs have left, it’s just that there’s not much left to discuss. We know the plan, and now we just have to wait and let it play out.

I’d love for it to go faster, but I understand that it’s not that easy. I really think the metaverse will be really important to Shiba’s success. To be successful, it has to be good quality so if they need more time to make sure it’s not junky, I’m not going to rush them. JMO.

Remember Tomorrow

We’ve been burning thousands of dollars worth on average every day. When the metaverse is fully functional, it may go to much higher than that. Monster moves should happen at that point