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
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.
aren't they gradually reducing supply also?
Technically yes, but at the current burn rate it would take a rediculously long time.
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?
I read a rumor that Robinhood was surveying some of their users about SHIB. I cannot verify yet if this is actually true or not, but if it is true, this might be the reason for the sudden spike in the past day. Buckle up!
Im glad I didn't sell yet
I bought 50 million coins last night. Woke up to a 20% run up. Glad I got some a little cheaper then the market value right now. I still have money to buy more in case it dips. I won’t sell my coins again
I was just reading how a "whale" went and bought $11mil worth yesterday.
maybe shiba is a pyramid scheme?
having made 100% return I took half out and let the rest ride...until it went down 20%. then i sold out. loopring is down since i considered but didnt buy it so I'm happy with that decision. Have cash to put to work so if anyone has a good idea I'm listening
I noticed a further 20% drop in shiba and put my profits back to work. I'm hoping my timing was right. Current position initiated at $.00004475. At least thats what I was quoted. Coinbase has no option for a limit order.
ok gordman I am now up 100% in under a week on lrc. your thoughts on profit taking? pfa is so boring today. druff isnt around and neither it seems is anyone else. The sun is going down here in New England and it looks as though I'm in for the night. It's 3:55. In a half hour the sun will be down. The darkest days have only just begun. This morning I went for a nice run because if you dont fight back against the cold, dark New England winter depression will most definitely set in before Christmas.
loopring is up another 40+% today. My current return is 112%. Gordman is the best!! I never would have heard about this if not for him. Is anyone selling yet?
I think the 200% gain should be good enough to take some profit. Original investment $500 turned into $1,460 cashed out 2/3. Pigs get slaughtered right?
I have renamed this thread so it's more clear that it's about altcoins, and not just SHIB.
I've been out of loopring for weeks now. I held onto $500 worth of shiba which was $369 when I sold it just now. I also sold 3/4 of my bitcoin. I made a bunch of money on this stuff but a couple weeks ago it was way more substantial. Tonight at the mgm I went to the craps table with $120 turned it into $650 or so real quick then left the table with $375. Feels almost exactly the same.
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.
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