I bought a guck load of SHIb at .0000066 sold it at .00002100 now I’m regretting that decision. I think robinhood is going to list SHIb and that bitch is going to wipe off another 0.
My biggest problem with these coins is the pump and dumps. You can see these 10+ million dollar orders that move the price then the mF sell several hours later. I do think SHIb is going to a penny though
you think shib is going to a market cap 10x that of bitcoin ?
Originally Posted by Dan Druff
redact this thread
i bought 9 million of these and am at a $3 loss presently. If you think its going higher why not buy back in? Hope you all bought some btc
In December, I sold some bitcoin (my last remaining) in order to buy an investment property in MA.
With my residual cash, I PLOPped in into ETH, at 700 per. That's done very well thus far.
Still had some dimes left (quite literally) and put them into SHIB, 40M worth. Still have, not selling. Also, a handful of other crypto that interested me. But SHIB has been the performer of these less than penny coins.
When MTGOX went down, I had a stash there. That claim just got settled, 100k coming my way. Not what the actual value of those coins would be worth today, but I would have sold them long ago if the exchange hadn't failed. So, lucky in the long run I guess.
I’m buying 3k at .00002100 when it drops again.
A robinhood listing is going to take another 0 off. That’s going to be the main driver for a price increase. Retail investors will put 500$ in and never let it go.
Also they are finding ways to burn more coins. I know the 25k burn it pointless when it gets listed in a platform but the 1 million NFT burn was decent. Future BFT burns and listings.
Also Bitcoin is going to 500k once the sec allows the stock market to directly invest in the product. I wonder if the arc will allow fund managers to invest in other coins. As long as tether is not a scam things are going to get crazy in the coining years.
I would like to say I’m well aware SHIb is a shit coin and has no real value
There are 5,000,000,000,000 Shib. The burns seem inconsequential.
I am not buying any, but a smart crypto friend says they are building the platform and Shib has potential.
I’m putting it all in saffron futures.
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Waiting for Publishers clearing house is always a sure bet.
Why not Tulips?
Nobody was gonna allow you to lever a Bitcoin purchase like they will an investment property. Guarantee you have already a better return on capital outlay than BTC.
Get your license. You will be paid 10’s of thousands on saved commssion. I’m too lazy but have a family member. I started studying and honestly the material really wasn’t that hard.
I have some minor daily misgivings about other missed asset classes but this real estate leverage is a generational opportunity.
Also, what became of Mark Karpeles. Got any Magic the Gathering cards Kunt?
FWIW, if SHIB went to a penny, it wouldn't be a market cap of 10x of bitcoin. Right now the SHIB circulating supply is a little less than 395 trillion, so if it reached 1 penny, it would be a MC of about 4 trillion.
Make no mistake though, Im not trying to distract from the fact that that the market cap would still be absolutely insane and pretty likely unattainable.
aren't they gradually reducing supply also?
FWIW, if SHIB went to a penny, it wouldn't be a market cap of 10x of bitcoin. Right now the SHIB circulating supply is a little less than 395 trillion, so if it reached 1 penny, it would be a MC of about 4 trillion.
Make no mistake though, Im not trying to distract from the fact that that the market cap would still be absolutely insane and pretty likely unattainable.
FYI, You're off by about 390 trillion.
aren't they gradually reducing supply also?
Technically yes, but at the current burn rate it would take a rediculously long time.
That is simply amazing that you and others who were scammed are ultimately getting payed out. I remember when it all went down and fully thought it was going to be your typical scam job and nobody would ever in a million years see a dime.
After the scam controversy died down and the whole debacle wasn't in the news much, I almost completely forgot about it.
I had absolutely no idea that after all this time, there were settlements and negotiations in the works...i guess its just one of those things i never bothered to follow up on because i assumed that nothing would come of it.
Congratulations on ultimately getting a payday out of it!
Karpeles was tried in Japan for GOX related crimes, convicted, and got the equivalent of a suspended sentence iir.Nobody was gonna allow you to lever a Bitcoin purchase like they will an investment property. Guarantee you have already a better return on capital outlay than BTC.
Get your license. You will be paid 10’s of thousands on saved commssion. I’m too lazy but have a family member. I started studying and honestly the material really wasn’t that hard.
I have some minor daily misgivings about other missed asset classes but this real estate leverage is a generational opportunity.
Also, what became of Mark Karpeles. Got any Magic the Gathering cards Kunt?
We could sell this property already, after less than a year,, and make a tidy sum, but the rent is providing adequate return for the moment. The upside is enormous.
Looks like .00002100 is long gone. I don’t think it’s reaching those levels again
3% of any SHIb used on now payments world wide will be burned. NFTs and a few other projects. Also, 400 trillion was “burned”.aren't they gradually reducing supply also?
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