Detroit Wave
Veteran
copped cardano when it was $1 now its at $2 
Shiba Inu (SHIB) Discussion Thread
- Thread starter THE MACHINE
- Start date
For coinbase? I never seen anyone take MasterCard yet.
BLAZO da GAWD
Superstar
That’s odd. I’ve invested +$10k on various coins all bought with my WF debit. I’ve had no issues...
DaddyFresh
Superstar
Yeah survivorship bias plays a huge role as well. The few people who make money on high risk stuff are going to come on here championing their gains loudly. While everyone who lost their money is gonna tuck their tail and disappear. So the average person will see the comments and think these high risk plays are sure thing money makers.
The stock market is based on underlying value and improves in value over time. Meme coins are essentially a pyramid scheme that relies on marks buying late so the OGs can cash out early.
The fact that anyone would even equate them is why i posted.
By "super early", meaning ideally before it's even popular. And even then you have to cash out at the right time.
Crypto currency with underlying value in transactions can gain in true value over time, though they're subject to huge swings and can potentially crash with regulatory changes. Crypto based on celebrities or memes is just a scam with a few winners and a lot of losers.
A.V.
reTIreMEnt: THE ALBUM (01/22) ALL DSPs
Back to the topic. Y'all brehs fukking with Kishu harder than Shib these days or 
How would the price show it wasn't a pyramid scheme?You said all of that's and still didn't answer my question...so I guess dogecoin was a pyramid scheme too huh
even though it went to .70 cents... You guess Shiba is the same thing huh?!?
I already told you why it's a pyramid scheme. But since you're fronting as someone very knowledgeable on the issue, why don't you explain to everyone how this differs from a pyramid scheme?
There were at least 10-15 people in this thread already who called it a pump-and-dump, which is literally what a pyramid scheme is. Why didn't you come at them when they said it?
TELL ME YA CHEESIN FAM?
I walk around a little edgy already
Ain't enough nikka nerd in me to pay these ridiculous gas fees
Back to the topic. Y'all brehs fukking with Kishu harder than Shib these days or
Might have to convert some over with how things been going. Gave myself a 10k stop loss difference on Shib and might throw that on more kishu instead of back to eth if it hits.
How would the price show it wasn't a pyramid scheme?
I already told you why it's a pyramid scheme. But since you're fronting as someone very knowledgeable on the issue, why don't you explain to everyone how this differs from a pyramid scheme?
There were at least 10-15 people in this thread already who called it a pump-and-dump, which is literally what a pyramid scheme is. Why didn't you come at them when they said it?
Just because others said it's p&d doesn't always make it so. The devs have been transparent asf, have a roadmap, burning their coins, fostering goodwill
how much proof do you fukking need to see the project has legs?!? If it was a scam people wouldn't be so hyped to buy in. You don't know DEFINITIVELY it's a scam... so why go so negative on a new coin that could be better in the future. It's designed as a meme coin but it has utility and a partnership with Amazon... :YOU could be wrong. Why can't YOU admit that?!?
Back to the topic. Y'all brehs fukking with Kishu harder than Shib these days or
yah i've 10x'd on kishu this week
@ORDER_66 , why are you so angry that I have an opinion? If you think I'm wrong then just laugh your way to the bank. But I have just as much right to express my opinion on it as you do.
Breh, literally none of that is an argument against what I said. Being "transparent" about the lack of value of your currency doesn't somehow change the fact that it has no value. "Burning coins" and "fostering goodwill" doesn't change the fact that there's nothing underlying it. Shiba Inu has literally nothing that makes it superior to other products that do the exact same thing and much more. If it wasn't for pump-and-dumpers then no one would have ever talked about it and it would have just stayed worthless.
As you point out, it was designed as a meme coin and virtually ignored until a few days ago when people tired of Dogecoin and decided they needed a new funny coin to pump.
Just because others said it's p&d doesn't always make it so. The devs have been transparent asf, have a roadmap, burning their coins, fostering goodwill
Breh, literally none of that is an argument against what I said. Being "transparent" about the lack of value of your currency doesn't somehow change the fact that it has no value. "Burning coins" and "fostering goodwill" doesn't change the fact that there's nothing underlying it. Shiba Inu has literally nothing that makes it superior to other products that do the exact same thing and much more. If it wasn't for pump-and-dumpers then no one would have ever talked about it and it would have just stayed worthless.
As you point out, it was designed as a meme coin and virtually ignored until a few days ago when people tired of Dogecoin and decided they needed a new funny coin to pump.
The part about it I don't get though - why did he donate 10% of the entire market of SHIB but only 0.0004% of the market of Ethereum?
If he really wanted to help them, then why donate a giant % of a not-very-liquid coin? He knows that they can't convert that to real money without causing a huge sell-off and losing a ton of value. So why donate $1 billion in that and only $2 million from the far more viable coin? If he really wanted to help he could have donated $1 billion in Ethereum or even just $100 million in Ethereum and they'd be able to use it much easier without crashing that market.
What the fukk can you buy with SHIB at a better price than what you get with rupees or dollars converted from rupees?
Krisrunner2049
Pretty boi CFO Squirrels Burgers KillaKwuads
I got in back when it was $.25copped cardano when it was $1 now its at $2
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Brothers whose wedding video business was destroyed by COVID are now worth $9 million after they and their family invested $7,900 in 'parody' cryptocurrency Shiba Inu
The siblings - who wished only to be known as Tommy, 38, and James, 42, told CNN, they began dabbling in cryptocurrency in December 2020 after a friend told recommended they invest.
The brothers put several hundred dollars in a cryptocurrency called Shiba Inu coin - a parodic spinoff of another cryptocurrency called Dogecoin, named after a breed of Japanese hunting dog. Dogecoin was itself created as a joke by two friends, and features the face of the Shiba Inu dog.
The following day, his prediction came true.
'The day it hit a million
- my mom and sister, they didn't think it was real.'
The family's initial stake of $7,900 is now worth nearly $9 million as of Thursday, CNN Business confirmed.
The brothers are yet to completely cash out their investment, and are holding out for the launch ShibaSwap, a decentralized exchange platform that should make it easier for them to do so.
'This has happened so quickly it's hard to even comprehend the things you can do with this money,' Tommy said.
'My parents' house needs a new roof, so I'll take care of that.'
The brothers were overwhelmed by their success, but James warned others that it was a highly risky gamble.
'Don't put in any money that you aren't willing to lose,' he said.
'The meme tokens are very high-risk and you really don't know what is going to happen with them. We know this is not what typically happens, although Shiba has changed our lives.
'When you see it fluctuate so much, it does keep you up at night.'
Cryptocurrencies exploded in popularity in 2021, in part thanks to the vocal support of businessmen such as Elon Musk - who backed Dogecoin - and celebrities such as Backstreet Boys star Nick Carter, who is seen frequently tweeting the hashtag #Shiba and #ShibArmy.
- The siblings, who wished to be known only as Tommy, 38, and James, 42, used to earn a living through filming weddings
- The pandemic caused their business to almost collapse as couples canceled their ceremonies
- In December a friend recommended they invest in Shiba Inu, named after a dog
- The cryptocurrency was made as a spin-off of Dogecoin, whose logo is the dog
- The brothers initially invested $200, then their parents and sister invested
- By mid April the family had invested $7,900 - with their return growing
The siblings - who wished only to be known as Tommy, 38, and James, 42, told CNN, they began dabbling in cryptocurrency in December 2020 after a friend told recommended they invest.
The brothers put several hundred dollars in a cryptocurrency called Shiba Inu coin - a parodic spinoff of another cryptocurrency called Dogecoin, named after a breed of Japanese hunting dog. Dogecoin was itself created as a joke by two friends, and features the face of the Shiba Inu dog.
The following day, his prediction came true.
'The day it hit a million
The family's initial stake of $7,900 is now worth nearly $9 million as of Thursday, CNN Business confirmed.
The brothers are yet to completely cash out their investment, and are holding out for the launch ShibaSwap, a decentralized exchange platform that should make it easier for them to do so.
'This has happened so quickly it's hard to even comprehend the things you can do with this money,' Tommy said.
'My parents' house needs a new roof, so I'll take care of that.'
The brothers were overwhelmed by their success, but James warned others that it was a highly risky gamble.
'Don't put in any money that you aren't willing to lose,' he said.
'The meme tokens are very high-risk and you really don't know what is going to happen with them. We know this is not what typically happens, although Shiba has changed our lives.
'When you see it fluctuate so much, it does keep you up at night.'
Cryptocurrencies exploded in popularity in 2021, in part thanks to the vocal support of businessmen such as Elon Musk - who backed Dogecoin - and celebrities such as Backstreet Boys star Nick Carter, who is seen frequently tweeting the hashtag #Shiba and #ShibArmy.
$7900 in a moonshot is some ballsy shyt 
Money can be gone before you wake up the next morning.
Money can be gone before you wake up the next morning.