Bitcoin Forum

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You would do the same if you are a crypto Dev yourself, every CEO or developer has every right to shill their project even if they will make other coins look so little ☺️☺️☺️ this is normal in crypto space

Shiba is a good altcoin and it will remain a altcoin I still don't believe that any coin beat BTC in long term because it's the only one that really practice the full meaning of Decentralisation

I can completely understand the feelings. This token and a hundred like this were launched on almost every chain including BSC and MATIC when the price for deployment was reduced to pennies by these new chains.

It is hard to say if its a good thing or a bad thing. All that Shiba token has going for itself is the fact that thousands of people have bought boat-loads of it and they all just hope and pray every minute and every day of their lives that it'll reduce more zeros. Everytime it moves one zero, they get 10X richer, at least in terms of crypto. Of course a lot of people will burn and the only ones who will benefit are the founders and Binance, which legitimized this shit in the first place.

It is an example of the fact that anything is possible in crypto. If Elon Musk can portray DOGE as an alternative to BTC, surely this guy can do the same. It ultimately comes to the fact that nobody with an actual working brain and with actual skin in the game will prefer DOGE/ SHiba over BTC. Its just that a lot of poor noobs are desperate to make it worth something that they become part of "community" and keep shilling it.

Maybe the next 10 to 20 years it won't come true. Everyone always claims that the coin they manage will say the same thing that coin A will become Bitcoin. but not at that time. There is still a long way to go, as time goes by, many new coins appear.

One thing that any Altcoin can be compared to in terms of price, but in terms of value resilience, and existence will not be able to match Bitcoin.

You should do both lol. Another BS claimed from the guy that didn't know where he was coming from. Called shit token like shiba inu as decentralized system and tokens lol. The decentralization of shiba was coming from ethereum and it's not shiba itself. This is just another BS created by the guy who was only taking a short term course of blockchain. He didn't even know what he was talking about. This is totally bullshit and what he was saying was full with non sense thing that didn't fit with the fact in the market. So many non sense claims came from the various parties. Just put they on your ignore list. He was doing parody to shilling their tokens.
Called shiba as decentralized token was totally BS.

It's a pity to see the arrogance of a meme coin owner riding the market hype. The meme coins are purely made for gambling with your funds. But it is very easy for a meme coin to fall through the crack and disappear completely. 

I am shocked to see the audacity of Shiba Inu's owner to see themselves as a market leader. But in reality, majority of the bitcoin holders didn't participate in this hype. These are purely run by new and greedy investors who thinks crypto market as their new cash cow. Justice will be served eventually!

I think it is natural that the founder wants to hype their project, after all if they do not believe on what they are doing then who will?

However I find it funny they mention their own coin with the likes of bitcoin, after all we know that bitcoin is by far the best coin we have in the market and it has gained the trust of the community, SHIB is nothing more but a meme coin, and while it could be part of the market for a long time it is never going to compete with bitcoin when it comes to real adoption, so we must take that statement for what it is, an attempt to hype their coin and nothing more.

If this is a joke, then I really laughed out loud, the meme coin is placed on a par with the coin in the production of which billions of dollars are invested, gigawatts of electricity. I don’t even know how they can be compared, or put a comma-separated water sentence, they have in common only that they are both cryptocurrencies.

If its about SHIB its either a fud or just a hype, and upon reading the tweet, its more of a hype.
We can't compare SHIB to BTC since they are different and they serve their purpose differently, I just don't know why they keep on saying that they are better compare to BTC and they can surpass BTC. Well, that's a hype of the founder then so be it just know what to do either to buy or to stay away.

I guess the founder itself just tries to make a hype so that newbies will start to believe on him and end up joining the SHIB community. But honestly, bitcoin still dominates the whole crypto market and i know it will always be like that in the next possible 5-10 years. Bitcoin may have chances to be surpass by an altcoin when it comes to its own price, but the value and trust that we put into it will never be replaced by any other crypto coin.

Come on. Sees bitcoin as an altcoin and shiba as the market leader? When did that happen? Just after that tweet? We all know who's the market leader and what crypto is likely to be adopted by any country and it won't be shiba. Well, let's say yes that shiba could be on different exchanges and platforms. But a country to bet on, I doubt it will be on their priority list. It will be bitcoin that these countries will consider to have as their alternative currency and not any altcoin that's made of meme and hype.

This is exactly my first thought on the last part of the tweet. Gotta try hard to show that token is on the same level with the King. That was bold but he has to pay respect to what carries the whole market.

Vitalik must be sad he didn't even mention ETH where the token is running hehhe.

I'm not surprised. The CEO of every crypto project / altcoin feel like their token/coin is 10x - 100x more better than Bitcoin and that has been the normal. The only people that might be fooled by tweets like that are people that just joined crypto recently. Real OGs and people that have been in the space for a while do know that it's the other way round. So far so good, Shiba is just hyped now - will no added utility, it won't stay hyped for a very long time.

Yeah, he has to give respect to bitcoin. I guess the spirit of dethroning bitcoin is on him, just like any other project before. But later on, he'll realize that he has to think little a bit if it's about bitcoin's comparison. When he get to see that whenever bitcoin goes on high, his meme coin is also brought up. And when a bear hits, they'll totally be hitting big with the bear.

He bypassed it as well.

As per see, that's right, the founder wants to make hype on that project and that such nonsense claimed.
We know that Shib token is just a meme coin and there's no real use and comparing to Bitcoin is a very far concept which is we know Bitcoin has a truly decentralized code than altcoins.

People that understand this Shiba shill and making such hype for sure don't invest.
Shiba founder was in a dream about his claim and should be ignored.

I am not sure why you are making it a huge deal (like rest of the users here). It's the Shiba founder. Of course he is going to promote his own coin first. And at least he mentioned bitcoin is also good for holding. He never called bitcoin an altcoin. It like me saying "I have invested most of my money in Ethereum and rest in other coins like Bitcoin and LTC". Does that mean I am calling bitcoin an altcoin? Nope.

It's only because of a lack of understanding that meme coins can be equated with other cryptocurrencies that are more complete, even though in important matters each cryptocurrency has advantages and disadvantages so they cannot be equated with one another.

Don't take it seriously because that tweet is also a meme. The internet is full of memes, it's almost found everywhere even in finance or on the DoD website.
But using Shib I guess makes more sense than using BTC. Why spend your BTC when there are some shitcoins that are basically you buy something out of nothing. Use memecoins. They don't even need to understand anything as long as it's funny, it's fine.

Very funny isn't it? Well it's nothing new in crypto space, in 2016 there are many altcoins that made it to top 10 but a year later they lose the rank and go back down under top 100, same thing happened in 2017 as well so just because a coin is trending at top10 today doesn't mean it will be there in a year time, all eye on shiba performance

Lol, I was just laughing after I viewed the screenshot. He did what he was supposed to do, like really, if I was him, as the founder of the coin I wouldn’t even mention bitcoin there, because I would be trying to promote my own coin to the people and not any other option, it is mine or nothing. So, don’t try to blame him on what he has said there, that doesn’t change anything at all about Bitcoin being the number one in the market and other coins just there to follow. As the founder of $SHIB, he would always try to focus on his own coin and be talking about it all the time and nothing else.

It is just a blatant shill of a team member or even the head of a meme-coin so it's not really surprising that he uses exaggeration in order to promote his useless coin. I also don't call him developer because he developed nothing he just created a ERC-20 or BSC token and filled out a website template with some text and that was pretty much it. I don't think that anyone that is in the crypto space for longer than a few months will take a promotion post like this serious. It's pretty sad that this guy is filthy rich now just because he created another useless meme-token with not much effort while a lot of other project devs that tried to create something new failed because of missing funds.

I am not surprised by that statement from the Shiba founder and I think all founders of the project will have the same thing as him. I consider that it will be his dream to be the top project in the crypto world but he must realize that everything will need time and not all people will have the same vision as him. If he can learn from the bitcoin story, no one is expecting to see what bitcoin can be like now, even for an increase to $10. But bitcoin grew, reached more people and now, we have all seen that bitcoin has become a king in the cryptocurrency. So Shiba founder needs to realize that everything needs to have hard work and of course, he can dream and try to achieve his dream. We will see what will happen in the next 10-20 years later, whether Shiba still exists or people abandoned, including him.

This is an investment with high profits. Yes, I know it's very risky but thank you for sharing it with us. I'm sure we've all been researching before we joined here. Very happy with the project that gets a big return.

I think there's no problem with it promoting his own coin after all I think the SHIB founder and its team are doing something to make things that would really contribute to the crypto industry also in terms of trading if we look at the daily chart of SHIB I really think it's the end of its dip and it's really now a good chance of buying SHIB as a long term investment.

That is something that many people do not seem to realize, since we have so many coins in the market it is impossible to kept track of the movements of each one of them all the time, this gives the impression the rank of the coins does not move as much but in fact it does.

A coin that is at the top today does not necessarily is going to remain there tomorrow, the only exception to this is obviously bitcoin, but when it comes to altcoins a coin could be incredibly popular with the community today and then one year later the coin is almost forgotten, and the ones that decide to stick with the coin wonder what happened as they do not understand how they could lose so much money with a coin that seemed to be destined for success.

That shows how unpredictable the market is. Today, we might see altcoins on top of the list since they have been so profitable but after a year, they eventually lose their value and end up as shitcoins. I think only bitcoin can sustain its position for the longest time, and it always dominating the whole crypto market until now.

However, Shiba Inu has been very profitable in the past days and this is the reason that its own founder claimed that bitcoin will soon to be under Shiba, which i think has no solid basis. Maybe its his own way so he can create hype for Shiba Inu and new comers will definitely fall for it. But the fact is bitcoin will never be controlled by any entity, nor by any other coins.

That will always remain the fact in crypto that bitcoin is always the king of crypto and will always the one dominating the market. And it will never be compared to any altcoin particularly for a non real purpose token like Shiba Inu. Bitcoin has been existing for a decade while Shiba has been here for a year so its clear that bitcoin has a really strong foundation that no other coin gets to beat it. Even with Shiba, it may be very popular and profitable for now, but it will never reach to a point that it will be strong as bitcoin, not in  my wildest dreams.

Yes, people know well about it. Nothing to have a different view or get worried on such statements, because every project used to market themselves as better one than bitcoin for some reason. Same as that, here Shiba is being praised. Compared to the initial days of being a token without value, now it has gained popularity and there is regular development and increase in the usage. Everything has happened as a result of hype and continued promotion of making it known to the people. Maybe this too can be such a trick :D

It will be considered as a joke as long as bitcoin remains to be the king of crypto. And Shiba Inu will always be a meme coin that is now starting to gain its real usage through its good community. Although we can't deny it that Shiba has been the trend these past few days but once a coin does not have a real life purpose from the start, it will never last for long and will only be profitable temporarily.

However, even if Shiba will rise to its fame, it will never control the fast growth of bitcoin and will never serve as an altcoin for Shiba.

Well, even if any altcoins comes in the market, there is a reason we call them ALTCOINS because they are alternate to Bitcoins and that won't change ever, no matter how good or bad of a coin tries to displace Bitcoin in the market. The first child of the family remains first, no matter if the later ones are better or not, there isn't a point of contention ha ha :D.

Yeah, ethereum paved the right way according to me by adding utility and more use cases to the blockchain but these tokens in the market now days being built in bulk are a serious threat to the future of crypto unless we start acting mature and stop trading them blindly.

Neither cry nor laugh, the best option is to ignore these meme coins and their so-called leaders.

By the way, I don't follow that guy and from the screenshot, I don't see anything offensive in that, they will promote their tokens of course and they said "other coins like Bitcoins..." and assuming they don't end the statement on a terrible note, I don't see any problem really.

I am not sure why people even take ever guys seriously at all when they know meme and shit coins have no place in the long run, it's all caused by Elon Musk.

There is nothing easier than to pay attention to your project, showing its advantages by comparing it with bitcoin. But the reality is that there are so many altcoins that want to surpass BTC that they all do not fit even in Coinmarketcap.

You don't have to do any, all you have to do is reply his tweet and ask him why he claimed Shiba Inu is decentralized. I don't where where such claim is coming from or how he can back it up rationally.
He never claimed Bitcoin is Shiba's Altcoin like the title suggests, he is just trying to promote Shiba by referencing Bitcoins recent gain and Bitcoins decentralisation.

This is no big deal. First of all may looking at his name,Shytoshi, you would clearly know that it was a rip off of the Bitcoin founder,Satoshi. And secondly he didn’t do anything wrong. It’s just like the Apple CEO making a statement, you wouldn’t expect him to be talking about Androids instead of iPhone, lol he would be getting his ass fired the next day at the office. Same thing with when you see Elon Musk tweeting, he’s always talking about Tesla and not talking about other car brands.

So, that’s the same thing you should expect the SHIB founder to do, talk about SHIB and not Bitcoin or any other cryptocurrency. He can only refer to them as other coins. It doesn’t change anything, Bitcoin still stays where it is, at the top, simple.

it's totally fine, the Internet makes anyone free to have an opinion including developers who think their coin is better than others, because it is impossible if he shows the weakness of his own coin. That's why crypto lovers should be knowledgeable and never buying based on a tweet or people opinions without first doing some research.

Shiba is reliable for long term but that doesn't make shiba a better bitcoin intact they aren't even close, shiba isn't fully decentralized and bitcoin is, shiba started as a meme coin and now it's going metaverse, the best challenger is doge coin not bitcoin

In the long run I see shiba is not suitable for that and it's too risky too,
for me top alctoin is still the top choice for long term and it's much safer,
let's see what will happen to shiba in the future

I suggest he not reply to his tweet because I am not sure if he will answer the question. Maybe he just wants to make people confused or will have a big curiosity about what he claimed. If we do not do anything, he will not make another tweet about the previous tweet instead will try to search for other things to tweet. Maybe he just wants to share his project with the public to invest in Shiba and get more support to grow.

While that would be the ideal unfortunately this is not the reality we face in this market, we know that a great deal of those that invest in the market take a look at tweets like that and then they take financial decisions based on that.

So while I am in favor of freedom of speech at the same time I would like for the developers and supporters of a particular project to be more responsible when making those kind of statements, as newbies have the tendency to believe everything they read and make huge mistakes because of this.

Coin shilling and hyping are normally done by developers and it's still for us if we'll believe it or not. We all know the potential of Shiba but we've seen how powerful Bitcoin is so BTC as an altcoin of Shiba is exaggerated for now. Shiba still has a lot to go through and to prove to reach the achievements of Bitcoin.

I would say the opposite. Shiba is indeed very good but it's not for the long term. Coins like this shiba are not suitable for long term because it will just be a waste of time.
otherwise you just need to make the right momentum and placement there.
to be profitable is true when we can be in the right position it is profitable but for the long term the answer is no

Of course, every developer praises their project and believes in its success (otherwise, such projects should definitely be avoided).
As for SHIBA, it was very successful last year, but in this statement he was definitely driven by his imagination. I think he should get back to earth as fast possible, because he's definitely gone too far.
King is only one! ;)

I don't know whether buying shiba at this time for long term investment is too late or not because the price of shiba has experienced a very significant price increase in the near future. I personally am not too sure about long term investment in shiba because in my opinion all meme coins are not suitable for long term investment and more suitable for short term investment or day trading.

Quite hard to really go into meme coin because their lifespan is questionable. What if the dev team behind this abandon in no time or disappear once he got what he wants? Then, your tokens will be worthless. So if in case you will buy some, make sure it is the amount that you can very well afford to lose. Because investing on this type of project is unreliable. You can never compare it with btc though.

In fact, Chiba has made good profits for everyone who invested in 6 zeros, but it does not have an advantage to compete with the king of Bitcoin. In the past, there were many currencies that achieved an important rating on the CMC but did not hold for long. That's what I think will happen with this meme :'(!!!

Let people claim himself or what he owns as what others. Well, actually Bitcoin becomes so interesting that makes many other projects claim that they may be the next or the alternatives of Bitcoin.
And we know  that it is not easy. And about what Shiba Inu founder claims, let it be. But I personally will let it go, just forget and never hear what he says or claim. So  far, Shiba inu is the alternative of Doge. But not to Bitcoin