Shiba Inu (SHIB) Discussion Thread

mannyrs13

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Thats you? Admire the dedication. :leon::salute:
 

GoldenGlove

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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 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
Two New York brothers whose wedding video company was nearly destroyed by the pandemic became millionaires after investing $7,900 in a cryptocurrency originally set up as a joke.
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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
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- 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.

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I always smh @ this shyt cause no matter what playing field we're on, the wealth gap slaps you in the face.

What crystal ball these muhfukkas have to throw 8k into this shyt over the last 2-3 months?

"Don't invest what your aren't willing to lose"
:usure:

Headlines like that would generate crazy fomo for this shyt if it was on Coinbase/RH tho.
 

GoldenGlove

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Yeah I noticed
I have a grip of ethereum in my wallet though
I need usdt to cop shib on Kucoin
Will get to it eventually...put some bread on taraxa for now
:ehh:
Yea, since your already have the ETH, you probably can't avoid the fees.
 

Hiphoplives4eva

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Breh it seems like you trying to gaslight yourself into believing this is a great investment. Amazon hasn’t partnered with any cryptos or accepted any as payments . But you taking their word at face value shows how gullible you are. This coin was created a couple weeks ago and you think Amazon the biggest retail company in the world is about to partner with them because they said so ? :russ:
Good luck fam. Don’t want to see any breh lose money. But use your common sense.
This coin wasn't created a couple weeks ago you fukking moron.

Listen I get it. Crypto is fake. Feel free to take your dumb ass elsewhere ans stop fukking up the discussion. No one gives a fukk about convincing your elderly ass of anything.
 

DaddyFresh

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This coin wasn't created a couple weeks ago you fukking moron.

Listen I get it. Crypto is fake. Feel free to take your dumb ass elsewhere ans stop fukking up the discussion. No one gives a fukk about convincing your elderly ass of anything.
You a dumb cac. I own crypto try again. Keep giving up your lunch money . I haven’t even posted in here all day but you quote me ranting I’m fukking up the discussion. You must have taken the short bus to school.
 

GreenGrass

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Yes. You can get SHIB on Kucoin with USDT, so you wouldn't to deal with gas fees
isn't it better to pay the gas fees with metamask? i only say this because you never know when KuCoin or other exchanges can shut down. on top of that, i don't think it is possible to send SHIB coins from an exchange to SHIB wallet in metamask. if so, gas fees are outrageous.

i have some sitting in Binance so i can collect interest and then whole lot in metamask.
 
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