Unless those major players planning on burning coins, might not be much help for the coin. They might just hold and dump at the end of the month instead.
Saitama Inu (SAITAMA) Discussion Thread
- Thread starter SleezyBigSlim
- Start date
One thing about this AMC and Shib thing to break it down even further.
Ok lets say that a movie ticket cost $15. Been a long time since I been to the theatres and I had the A-List subscription before anyways which was like 20 or 22 bucks a month and 3 movies a week. So I'm not too familiar with what ticket prices are these days anyways. So AMC accepts SHIB for movie tickets, $15 worth. They have no guarantee that the price of SHIB will remain stable or go up. So those $15 might be worth $14 the next day or who knows what price. Or could be worth $16 and the consumer lost a dollar and they gained one. But AMC has expenses to pay themselves such as payroll and supplies. Imagine you work for AMC and they tell you that they gotta cut your pay cuz SHIB went down in price.
Coin goes down in price and they not making as much revenue as before so they gotta cut costs and it could affect the stock. Don't know if they willing to take that risk.
Ok lets say that a movie ticket cost $15. Been a long time since I been to the theatres and I had the A-List subscription before anyways which was like 20 or 22 bucks a month and 3 movies a week. So I'm not too familiar with what ticket prices are these days anyways. So AMC accepts SHIB for movie tickets, $15 worth. They have no guarantee that the price of SHIB will remain stable or go up. So those $15 might be worth $14 the next day or who knows what price. Or could be worth $16 and the consumer lost a dollar and they gained one. But AMC has expenses to pay themselves such as payroll and supplies. Imagine you work for AMC and they tell you that they gotta cut your pay cuz SHIB went down in price.
Coin goes down in price and they not making as much revenue as before so they gotta cut costs and it could affect the stock. Don't know if they willing to take that risk.
CJ
Your objective semi-troll
Exactly. This is how I feel about anything that takes crypto as payment. On the vendor side you run the risk of taking a instant hit if it dips heavy, unless they plan to swap to fiat right away. But on the buyer side who is actually willing to get rid of coins for products, when they were planning to hold and make money off of.One thing about this AMC and Shib thing to break it down even further.
Ok lets say that a movie ticket cost $15. Been a long time since I been to the theatres and I had the A-List subscription before anyways which was like 20 or 22 bucks a month and 3 movies a week. So I'm not too familiar with what ticket prices are these days anyways. So AMC accepts SHIB for movie tickets, $15 worth. They have no guarantee that the price of SHIB will remain stable or go up. So those $15 might be worth $14 the next day or who knows what price. Or could be worth $16 and the consumer lost a dollar and they gained one. But AMC has expenses to pay themselves such as payroll and supplies. Imagine you work for AMC and they tell you that they gotta cut your pay cuz SHIB went down in price.
Coin goes down in price and they not making as much revenue as before so they gotta cut costs and it could affect the stock. Don't know if they willing to take that risk.
Sort of how I felt when Newegg early this year mentioned taking Doge via Bitpay during its run up, and folks thought that would cause some more positive price action. Anyone who had it was waiting for that $1 mark to hit, not to spend before it on a video card lol.
Uchiha God
Veteran
Is LA
satireprod
Superstar
fam, you going hard... pulling up on Saitama set heavy..... got his watch/calendar out and everything 
I think the wait is on Certik's part and not because of them
satireprod
Superstar
One thing about this AMC and Shib thing to break it down even further.
Ok lets say that a movie ticket cost $15. Been a long time since I been to the theatres and I had the A-List subscription before anyways which was like 20 or 22 bucks a month and 3 movies a week. So I'm not too familiar with what ticket prices are these days anyways. So AMC accepts SHIB for movie tickets, $15 worth. They have no guarantee that the price of SHIB will remain stable or go up. So those $15 might be worth $14 the next day or who knows what price. Or could be worth $16 and the consumer lost a dollar and they gained one. But AMC has expenses to pay themselves such as payroll and supplies. Imagine you work for AMC and they tell you that they gotta cut your pay cuz SHIB went down in price.
Coin goes down in price and they not making as much revenue as before so they gotta cut costs and it could affect the stock. Don't know if they willing to take that risk.
I am interested in seeing how the volatility of the price of Shib plus the lack of burn ( programmed in-coding) will impact this type of venture. Will be something to study.
I think the wait is on Certik's part and not because of them
These nikkas need to hire a reputable PR firm to handle their press. They’re doing a terrible job with “Coming up in about 2 weeks” the pre-announcements before the announcement before the pre-release, stay tuned, BIG THINGS COMING”.
nikka shut the hell up and drop the damn mixtape already
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satireprod
Superstar
These nikkas need a reputable PR firm to handle their press. They’re doing a terrible job with “Coming up in about 2 weeks” the pre-announcements before the announcement before the pre-release, stay tuned, BIG THINGS COMING”. nikka shut the hell up and drop the damn mixtape already
PR firm would be PERFECT for them.
Russ is on his "Album on the way..Cooking up a classic!!!!"
PR firm would be PERFECT for them.
Russ is on his "Album on the way..Cooking up a classic!!!!"
BOOKIN UP A BLASSIC
I Really Mean It
Veteran
We’re just going to ignore how many times Shiba’s developers had to backtrack on promises before Shibaswap was eventually released? The constant delays had investors lobbing accusations of a rug pull. And, though possibly to a fault, Saitama’s team is far more transparent than Shiba’s. Shiba’s team still hasn’t been doxxed.
I think the wait is on Certik's part and not because of them
Breh these mufuggas claim to be the next big thing but havent produced. Ole trust the process ass nigas. Nah fuk that. Like why wasnt saitamask finished and then rolled out? I get it. Certik takes time but damn.
My biggest gripe with SHIB is that they werent smart enough to program a burn mechanism into it
if they had done that. We'd be on another level. Buncha smart dumb nigas
Breh these mufuggas claim to be the next big thing but havent produced. Ole trust the process ass nigas. Nah fuk that. Like why wasnt saitamask finished and then rolled out? I get it. Certik takes time but damn.
My biggest gripe with SHIB is that they werent smart enough to program a burn mechanism into it
At this point I just want to find about #10, coins and hopefully hit on 3…but so far I’m always late and when I’m early it’s something that never takes off.
I Really Mean It
Veteran
Saitama hasn’t taken off yet, so you’re still early. Assuming Saitamask is successfully released and their burn rate continues apace (it’s already impressive, arguably the best of any coin, but is slated to increase once Saitamask drops), it’s not unreasonable to expect three zeros gone before 2023.
There’s a reason its holder count is growing so rapidly. People want to get in before it flies. IMO, reaching 4 zeros is inevitable. Might happen next year, or it may take another year or two. Either way, anyone holding tens or hundreds of billions is seeing a mil from this - at least.
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satireprod
Superstar
Breh these mufuggas claim to be the next big thing but havent produced. Ole trust the process ass nigas. Nah fuk that. Like why wasnt saitamask finished and then rolled out? I get it. Certik takes time but damn.
My biggest gripe with SHIB is that they werent smart enough to program a burn mechanism into it
I hear you lol BUT to be fair Shibaswap took MONTHS after constant delays and it's rate of growth wasn't nearly at the same level in it's first five/six months comparatively (Saitama burned more zeros)
So going by that logic people who invested in Shib during August 2020 should have given up on Shib in January 2021, when it actually added a zero on....before it's meteoric rise....Not saying Saitama is Shib, just putting things into perspective
Add in Saitama's burn mechanism too.
...they might actually make moves in the next year, if they can get out of their own waysatireprod
Superstar
Saitama hasn’t taken off yet, so you’re still early. Assuming Saitamask is successfully released and their burn rate continues apace (it’s already impressive, arguably the best of any coin, but is slated to increase once Saitamask drops), it’s not unreasonable to expect three zeros gone before 2023.
There’s a reason its holder count is growing so rapidly. People want to get in before it flies. IMO, reaching 4 zeros is inevitable. Might happen next year, or it may take another year or two. Either way, anyone holding tens or hundreds of billions is seeing a mil from this - at least.
@ at least a mil part