Shiba Inu (SHIB) Discussion Thread

[mannyrs13]

man if we even get within distance of a penny folks are going to be clearing six/seven figures...it gets that close, the attention in the media and retail will probably propel it to a penny (or more) at least for a few seconds lol Would be a glorious day

I got a bookmark I'm hoping to cash in on one day.

 

[satireprod]

I got a bookmark I'm hoping to cash in on one day.

good times ahead...hopefully

 

[Cory MBA]

Patiently waiting. Somethings got to give.

 

[Egomaniacal1]

The problem with getting to a penny is still the same as it’s always been and always will be unless something drastic changes. Shib has to burn a metric shyt ton of these coins. I read something like 99% of the supply has to be burned for for a penny to be feasible. For it to get to a penny now the mcap would be something outrageous. Don’t know why they minted this huge ass number of coins to begin with.

 

[ORDER_66]

Patiently waiting. Somethings got to give.

 

[ORDER_66]

The problem with getting to a penny is still the same as it’s always been and always will be unless something drastic changes. Shib has to burn a metric shyt ton of these coins. I read something like 99% of the supply has to be burned for for a penny to be feasible. For it to get to a penny now the mcap would be something outrageous. Don’t know why they minted this huge ass number of coins to begin with.

Uhhhh they are burning coins right now bruh we've constantly showed people on this thread

https://twitter.com/shibburn?ref_src=twsrc^google|twcamp^serp|twgr^author

 

[Egomaniacal1]

Uhhhh they are burning coins right now bruh we've constantly showed people on this thread

https://twitter.com/shibburn?ref_src=twsrc^google|twcamp^serp|twgr^author

I didn’t say they weren’t burning them. I’m well aware. My statement stands, this is burning small amounts that I guess over some years will make a difference but the supply of shib is just so astronomical it needs a bigger burn mechanism.

 

[ORDER_66]

I didn’t say they weren’t burning them. I’m well aware. My statement stands, this is burning small amounts that I guess over some years will make a difference but the supply of shib is just so astronomical it needs a bigger burn mechanism.

they burned HALF the supply already

 

[mannyrs13]

I didn’t say they weren’t burning them. I’m well aware. My statement stands, this is burning small amounts that I guess over some years will make a difference but the supply of shib is just so astronomical it needs a bigger burn mechanism.

That's the good thing about saitama. Constant burning and rewards.

 

[satireprod]

That's the good thing about saitama. Constant burning and rewards.

yep, when people paper hand out and sell off 30-40-50 ETHs worth, I honestly think it's what's kept the price fairly consistent...volume plus the re-distribution of coins

 

[mannyrs13]

yep, when people paper hand out and sell off 30-40-50 ETHs worth, I honestly think it's what's kept the price fairly consistent...volume plus the re-distribution of coins

Yeah true. I've seen some big sells on dextools and price pops back up soon enough after. Dips waiting to be eaten.

 

[satireprod]

Yeah true. I've seen some big sells on dextools and price pops back up soon enough after. Dips waiting to be eaten.

it has me hype because the whales would have sunk the average coin with their selloffs, instead those dips are nothing but a mere speed bump

 

[Egomaniacal1]

That's the good thing about saitama. Constant burning and rewards.

yep, when people paper hand out and sell off 30-40-50 ETHs worth, I honestly think it's what's kept the price fairly consistent...volume plus the re-distribution of coins

Agreed. That’s why I believe more now in Saitama mooning than Shib. Dudes in here really trying to downplay the ridiculous supply of Shib thinking a penny is imminently realistic when it’s not. Shib could get to a penny but it might take years at this burn rate.

 

[LeVraiPapi]

I had 450 million Dogecoin and sold them all for a few thousands profit because I listened to those analysts giving me every reason it was a joke and a shyt coin. Had I held them for 5 years I would have had more money than 95% of athletes and rappers.


Moral of the story. Don’t listen to shyt that negga has to say. Just ignore him and focus on your daily small gains and think about the bigger picture.

 

[LeVraiPapi]

Agreed. That’s why I believe more now in Saitama mooning than Shib. Dudes in here really trying to downplay the ridiculous supply of Shib thinking a penny is imminently realistic when it’s not. Shib could get to a penny but it might take years at this burn rate.

Bro you know nothing about Shiba and what their plans are. I been there done that. Stop being a contrarian and telling people they’re betting on a losing horse. Nobody forcing you to invest.


Stop acting like burn rate and shyt matter. They font