Replies to post #32404 on Shiba Inu Token (SHIBUSD)

[xxxx]

Can you explain re: Shib ?

In order to provide a better trading experience for Binance users, some Leveraged Tokens will undergo a reverse token split process under certain circumstances. Binance will announce the arrangements for reverse token splits prior to the effective time.

I'm sure its simple to understand.

[ap17]

NOPE! name one not connected to an exchange. I'll wait
Looks like google was not your friend there. OUCH!

Peter Armstrong
Author has 1.5K answers and 1.3M answer views3y
Every 10 minutes or so 12.5 Bitcoin get created by miners. This 12.5 Bitcoin per 10 minutes can not be changed. It’s simply impossible to cheat the blockchain unless you had some sort of alien super computer light years ahead of what we have.

Next year that number will go down by half to 6.25 Bitcoin per 10 minutes. That happens every 4 years or so until no more coins are mined in around 2140.

Predicting what happens than is like trying to predict the horse and buggy business in 100 year back in 1905.

The only thing that can resemble a stock split is a hard fork. Whereas two different versions of Bitcoin are created and the block chain does a split. Everyone gets a Bitcoin amount on both chains. That’s what happened 2 years ago when Bitcoin Core and Bitcoin Cash did a hard fork.

The supply of Bitcoin is fixed and known. It can not be altered. You can see the price of Bitcoin go from $1 all the way to a $billion aND the number of Bitcoin created will still remain 12.5 Bitcoins every 10 minutes.

In a way this is one of the features that make Bitcoin interesting. Unlike your paper money, it can not be created out of thin air and devalued by inflation and hyper inflation.

2.5K viewsView upvotesAnswer requested by
Koushik Balaji Venkatesan

[GOLDBUFFALO]

There is no such thing as a reverse split with tokens. You can Hard Fork, Soft Fork or Reverse Fork (that was on the drawing board, a really good dev planned it but it never had its genesis block) on PoW coins, I dont give a damn what some internet post says. There is no such animal as a reverse split. You do not fork tokens anyway. It is what it is and the only change that can be done at this point is a burn.