/biz/ - Business & Finance

[Anonymous No.50811126]

What is the /biz/ verdict on SHIB? Should I buy another several million or should I just buy weed instead?

[Anonymous No.50811817]

>>50811126
Market cap is everything and this shit's market cap hit way higher than it should have. Opportunity for gains is significantly offset but massively larger opportunities for losses. Dumbasses just look at raw price without factoring in tokenomics and think it's gotta some day hit cents or dollars. Not how it works. Learn market caps. Such a basic fundamental aspect of crypto.

[Anonymous No.50811848]

>>50811817
So weed then?

[Anonymous No.50811935]

>>50811126
You might be better off stacking DOGE instead since it got more exposure during the last bullrun and therefore might get pumped eventually

[Anonymous No.50811955]

It's like 80% down from ATH and it never a high price at all.
Just see DOGE that hit almost 75 cents, SHIB never hit not even a cent

[Anonymous No.50811957]

>>50811126
Odds of making profit with shiba are on par with Luna classic recovering back to $100

[Anonymous No.50811986]

It's not about if, but when and what the devs intend.

[Anonymous No.50812148]

>>50811126
The moonshot already happened. I don't think it can travel much further. If there was a burn implemented that could somehow torch hundreds of trillions of tokens within 2-3 years, then it could moon again.

>>50811957
SHIB has hundres of trillions in total supply. LUNC has "only" 6.5 trillion and staking/burning is supposed to be implemented around the next month. It is much more realistic at this point to profit off LUNC than SHIB.

[Anonymous No.50812653]

>>50811126
coon

[Anonymous No.50812729]

>>50811126
burns will be coming with shibarium and that will make interesting again.

[Anonymous No.50813000]

>>50811126
Just bought a single dollar worth of shib, I'll be a multi-millionaire in 6 years

[Anonymous No.50813151]

>>50811126

Its too late look for the next dog coin. For me its dog bat

[Anonymous No.50813496]

>>50811817

Tokenomics could change if they're successful in burning tokens. So far they haven't burned shit compared to the overall supply, but I thought an upcoming update was going to add burns to every transaction?

[Anonymous No.50813521]

>>50813151

But this as well, I'm banking on dog+bat mooning like Shib did during the next bull run.

[Anonymous No.50813538]

>>50811817
you niggas said the same shit about doge. SHIB will hit 0.01-0.001 in the next cycle, I guaran-fucking-tee it

[Anonymous No.50813565]

Yes. Buy. The dog days are here.

[Anonymous No.50813747]

>>50811126
Its looking like dog season is coming back and nobody fucking knows whats gonna happen its pure clown world.

[Anonymous No.50813856]

>>50811126
The verdict is that Shiba is based.

[Anonymous No.50813888]

>>50811955
>it never a high price at all
Do shibagholders not understand marketcap?

[Anonymous No.50813910]

>>50811126
It started good then Shytoshi turned into a thief. Did you see all the news about bone today? Devs started dumping. People also found out they minted a fuck ton before it went out to the public. This is what Ryoshi didnt want. Invest in TSUKA instead, and if you dont know what that is DYOR.

[Anonymous No.50814627]

>>50813888
Checked. Shibagholders are incapable of understanding they need $539 trillion dollars for their shitcoin to ever reach a dollar. No amount of Clown World will save them from maths. Shibags would have to be as popular as Bitcoin to even reach $0.001

[Anonymous No.50814675]

>>50813910
Shytoshi robbed shibaggies blind the day 200 trillion coins were added to circulation. It was a clear as day rugpull, and he kept lying telling shibagholders to trust da plan. Shibarium isn't even a real thing.

[Anonymous No.50814700]

I’m balls deep bro. You should be too. One of the few guaranteed 10x

[Anonymous No.50814862]

My biggest issue with SHIB is the "burn rate" mechanic. Supposedly x% amount of SHIB is burned per transaction but if that goes on forever then eventually the amount would shrink to nothing over a long period of time. Who controls that burn rate? How do you know Shiba that is "burned" is actually out of circulation?

DOGE has an "infinite" supply but it has a generation mechanism which is based on diminishing returns. In that way it actually boosts its own value by design. I'd argue that's better than having a bunch of coins sitting idle with SHIB.

I presently hold both.

[Anonymous No.50815358]

Shib is the only coin that matters.

[Anonymous No.50815409]

I'm buying dogelon mars and floki as they generally will pump when dogecoin finally decides to make a move. Whichever pumps first, I will put in the other and sell

[Anonymous No.50815517]

>>50811955
You are literally retarded, stop trying to think for yourself and just hold ETH or something basic

[Anonymous No.50815688]

>>50814675
>Shibarium isn't even a real thing
Getting deja vu here.
>>50814700
Based. 15.2b here. Cashed out a little yesterday because why not.
It will run again with everything else. Big time.
Imagine not parking some money in this.

[Anonymous No.50815825]

>>50811126
I used to think why not own 10 or 20 million SHIB just in case it ever skyrockets again, but the thing is there are still hundreds of whales holding TRILLIONS of SHIB (as you can see on Etherscan). Its hard to imagine when a million SHIB will be worth anything meaningful.

[Anonymous No.50815848]

aim for the bushes!

[Anonymous No.50815882]

>>50811126
>buy weed
>get high
>left with nothing

>buy SHIB
>get rugged
>left with nothing

I dunno, you tell me.

[Anonymous No.50816193]

>>50814700
Jesus... what is wrong with you? You enjoy throwing money away?

[Anonymous No.50816441]

>>50813856
>>50815358

[Anonymous No.50816475]

>>50811126
just keep what you have and not sell before $0.01. It's a whale's toy now, hard to say what the plan is.

[Anonymous No.50817448]

Bro buy BONE

[Anonymous No.50818217]

>>50811126
Buy UTK instead.
No more pumps coming for meme coins this year.
Crypto payment is receiving adoption this year.

[Anonymous No.50820022]

>>50811955
>>50813000
>>50813496
>>50813538
>>50814700
>>50815358
>>50816475
Holy fuck you guys are fucking retarded. Replace a mans conviction of God WITH BAGHOLDING and you might as well have the most devout cultist possible. Its profane black magic taking over peoples minds. Fucking midwits.

[Anonymous No.50820076]

>>50811126
>should I just buy weed instead?
weed is a meme

[Anonymous No.50820136]

Pussies, gamble with shitcoins, or long ETH. Margin trade and lose it all. That's how crytpo pumps nowadays.
t. stake sponsored streamer

[Anonymous No.50820295]

>>50813910
this. tsuka is the real shib

[Anonymous No.50820350]

>>50820295
>0xe206105cce55eaad67fdb352a7ebb58f738c1ee6

[Anonymous No.50820354]

>>50817448
this shit makes me leery it’s a completely separate shitcoin that only will result in the market cap of SHIB being diminished
I think SHIB has probably two more pumps in it past ATH but with the devs doing things like this I’m less sure

[Anonymous No.50820634]

Who was the creator of Shiba? Maybe knowing his telegram/twitter we know about his new projects. He must have a lot of money to start new projects and pump them up.

Also I believe that Shiba and all the cryptomarkets went destroyed after the ETH creator removed 1 billion dollars of Shiba to send to India. This fucked all the cryptos forever.

[Anonymous No.50821942]

>>50811126
OP wants to buy SHIB?
>SHIB has very limited utility, and its value is based mainly on a social-media-fueled speculative frenzy.
Rather, dive your ass and get your bags secured before the quantum threat hits hard.
Faggots will get their asses secured while being able to build smart contracts and more.

[Anonymous No.50822212]

>>50813000
He'll No, I know that shit ain't gonna make a way.
Shiba Inu is a very risky, speculative investment.

[Anonymous No.50822249]

>>50820634
Fuck your stinky ass dude, The Shiba Inu team has proven one of the best in crypto. To understand how good they are, consider that Shiba Inu is a meme coin that hit the market in late 2020 and became one of the largest by market capitalization

[Anonymous No.50822283]

>>50811126
Morons are still talking about shiba in 2020 when the dynamics have changed. Quantum threat is everywhere, soon Shiba will be dead line LUNA

[Anonymous No.50822474]

>>50822283
You deserve a bottle of whiskey anon,
Qanplatform's smart contract is usable to 28M programmers by letting them code in any programming language. Such a sweet shit for developers!

[Anonymous No.50822482]

>>50811126
Sleeping giant.

[Anonymous No.50822555]

>>50811126
Instead of buying SHIBA I'll go ADA ETH and even XRP

[Anonymous No.50823017]

>>50822555
>ETH
>You've got to be a dead man for mentioning ETH, ain't the gas fee fucking your ass wide?
>Even sharding-update is predicted on the roadmap but is still under research whereas achieving a high TPS
with relatively low computing and energy needs has melt retard's faces.

[Anonymous No.50823069]

>>50820295
Gents>>50820295

[Anonymous No.50823086]

>>50822555
>ETH
>You've got to be a dead man for mentioning ETH, ain't the gas fee fucking your ass wide?
Even sharding-update is predicted on the roadmap but is still under research whereas achieving a high TPS with relatively low computing and energy needs has melt retard's faces.

[Anonymous No.50824034]

SHIBFAGS AND D0B0 FAGS FEAR THE EAGLE

[Anonymous No.50824100]

Weed is for fucking losers. It does nothing to stimulate your pshyche it just numbs you

[Anonymous No.50824116]

I've never held any amount of $SHIB nor $DOGE

[Anonymous No.50824288]

>>50824034
Yeah, I got dust attacked by this coin. fucking kill yourself you insipid little cunt.

[Anonymous No.50824570]

>>50811126
see >>50811817 . You can mint it for dc (healthier liq to mcap) at dogcatcher dot finance slash mint, your deposited shib will be sold for weth which is sent to DC's LP.
DC's liq to mcap is 69%
SHIBi's is about 1/10000.

[Anonymous No.50826462]

>>50811126
don't buy wownero.

[Anonymous No.50826627]

The tech/devs seem retarded but retards will buy it because they think they can make money or something. It’s like ada, avax, xrp, link, xmr. Essentially useless tech but suckers buy into the pitch.

[Anonymous No.50826763]

>>50811126
Sheboon