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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Wincob on August 01, 2022, 08:44:01 AM



Title: Shiba lovers lower your expectations
Post by: Wincob on August 01, 2022, 08:44:01 AM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.



Title: Re: Shiba lovers lower your expectations
Post by: batang_bitcoin on August 01, 2022, 10:28:02 PM
Well, in the alts market like for the coins like shiba. When it got much pump during the last bull run. Do not expect to have the same pump that it has got before for the next bull run.
We're not Nostradamus but that's what most likely happening for the altcoins that have too much pump but there are some exceptions like Ethereum and BNB. But to have that idea, is you shouldn't really expect a lot.


Title: Re: Shiba lovers lower your expectations
Post by: tippytoes on August 01, 2022, 10:35:32 PM
I can say, SHIB got a lot of interest when it was listed in Binance. But afterwards, I have no idea about their major milestones in this market. So don't know if you can really expect a good rise in its price. I have the feeling that just like most meme tokens, they will die down slowly if the team won't find other ways how to sustain the interest of the community. Though I am seeing SHIB to be included in the payment options in some gambling sites but I believe it is not enough to maintain their market.


Title: Re: Shiba lovers lower your expectations
Post by: Bitcoin_Arena on August 01, 2022, 10:44:29 PM
Though I am seeing SHIB to be included in the payment options in some gambling sites but I believe it is not enough to maintain their market.
As of now it's still an ERC20 token, which means with the current high ETH gad prices its still not a suitable payment option as compared to the likes of Doge. Maybe if they create their own blockchain or when ETH goes POS. Things might get a little good.

I still think it's one of those tokens where one can easily make x10 ROI if the bull market is back.


Title: Re: Shiba lovers lower your expectations
Post by: uneng on August 01, 2022, 10:47:34 PM
Developers are profiting over investors like you. You should be careful with this investment because it's possible the huge supply is going to be dumped in the market by people behind shiba inu aiming their own good. And in my opinion you are being too optimistic. I would swap all those SHIB into something scarce, widely adopted, advantageous and valuable like bitcoin right now.


Title: Re: Shiba lovers lower your expectations
Post by: KingsDen on August 01, 2022, 11:53:57 PM
Developers are profiting over investors like you. You should be careful with this investment because it's possible the huge supply is going to be dumped in the market by people behind shiba inu aiming their own good. And in my opinion you are being too optimistic. I would swap all those SHIB into something scarce, widely adopted, advantageous and valuable like bitcoin right now.
One thing about meme coins is that they are occasional or seasonal and their success is high dependent on the efforts of the project owners and fundamentals. When the media hype comes, swing with it and die off with it, don't hold. I made the mistake from the last bull which was over pumped and I was dumped in the market which has already reduced more than 85%. I don't my faith again in the coin. That is why I trust dodge more than any other meme coin because it has some utility values.


Title: Re: Shiba lovers lower your expectations
Post by: amihada on August 02, 2022, 09:56:41 AM
shiba inu is one of the potential coin memes besides doge i am sure with shiba coin for long term investment no one can guess how shiba inu will be in the future but i am still consistent that shiba coin can rise again even though it takes a long time this is only my opinion can you believe or you ignore.


Title: Re: Shiba lovers lower your expectations
Post by: Ozero on August 02, 2022, 11:17:28 AM
shiba inu is one of the potential coin memes besides doge i am sure with shiba coin for long term investment no one can guess how shiba inu will be in the future but i am still consistent that shiba coin can rise again even though it takes a long time this is only my opinion can you believe or you ignore.
After such a crypto winter as the current one, even the most useful coins do not always recover in price. With regard to meme-coins, I was and remain a big pessimist. All this excitement with meme-coins will gradually subside and then they will have an unenviable future. Maybe I'm wrong, but I have no desire to invest in them. There are a lot of noteworthy cryptocurrencies in this market, and meme coins are too risky to invest in.


Title: Re: Shiba lovers lower your expectations
Post by: 4rzun4 on August 02, 2022, 11:18:50 AM
Yep! As I had in mind a few years ago that if a project does not have strong fundamentals it will collapse, especially if the project is managed just for hype. Maybe it will be safer when the money is invested in some popular coins, but the decision is up to each of you.


Title: Re: Shiba lovers lower your expectations
Post by: poodle63 on August 02, 2022, 11:44:30 AM
Can you told your shiba army about that? I personally has no problem about that but im very often to saw those shiba army was always making non sense prediction like shiba will reach $1 or 50 cents which were most non sense thing i have ever seen.
Your thread will be very useful to open their mind if shiba will never reach $1. It will be having a very very big marketcap that can't even reached by the gold or all of countries in the world.  :D


Title: Re: Shiba lovers lower your expectations
Post by: avikz on August 02, 2022, 03:38:32 PM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.



Shiba inu will never ever hit a dollar mark. Considering it's supply, the total market cap has to reach few hundred trillion USD in order to reach that one dollar mark which is impossible. So my recommendation is not to waste time in such meme coins. They are not worth your time.

Bitcoin is available at a super discounted price. If you really want to make good investment, the time to buy bitcoin is now! Take it or leave it!


Title: Re: Shiba lovers lower your expectations
Post by: uneng on August 02, 2022, 07:42:38 PM
Developers are profiting over investors like you. You should be careful with this investment because it's possible the huge supply is going to be dumped in the market by people behind shiba inu aiming their own good. And in my opinion you are being too optimistic. I would swap all those SHIB into something scarce, widely adopted, advantageous and valuable like bitcoin right now.
One thing about meme coins is that they are occasional or seasonal and their success is high dependent on the efforts of the project owners and fundamentals. When the media hype comes, swing with it and die off with it, don't hold. I made the mistake from the last bull which was over pumped and I was dumped in the market which has already reduced more than 85%. I don't my faith again in the coin. That is why I trust dodge more than any other meme coin because it has some utility values.
Doge is the best one considering its history and probably will remain demanded for a long time yet. It's one of the main cryptocurrencies from the initial years of crypto market, what guarantees some sentimental value to the currency till nowadays, which hardly ever will cease at some moment futurely, keeping the currency influent at crypto scenario. In my opinion it's the only memecoin with real potential to survive on long run.


Title: Re: Shiba lovers lower your expectations
Post by: Xal0lex on August 02, 2022, 08:07:44 PM
I've seen such crazy expectations from Shiba here, up to $5 for 1 token. haha, that's funny. But still, it's far from objective and reality. Right now the price is $0.00001188 with a capitalization of $7 billion and a circulating supply of 589,380,658,727,876 coins. A price of $0.005, even with the same supply, should increase the capitalization to $3 trillion. Do you seriously think some memcoin could reach that amount? You're a little less of a dreamer than those waiting for a $1 price.


Title: Re: Shiba lovers lower your expectations
Post by: Johnyz on August 02, 2022, 08:20:52 PM
Yep! As I had in mind a few years ago that if a project does not have strong fundamentals it will collapse, especially if the project is managed just for hype. Maybe it will be safer when the money is invested in some popular coins, but the decision is up to each of you.
Meme tokens are created only because of the hype, fundamentally they are not that good for long term investment. Don’t expect too much with SHIB because that could be another trap and you might regret that later on. Though, whales can still manipulate this token in the future, as long as there is a hype then SHIB can still hold into his position, if you know how to ride with the hype, then this can be an opportunity for you but don’t expect that much.


Title: Re: Shiba lovers lower your expectations
Post by: samcrypto on August 02, 2022, 09:38:39 PM
Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.
If the developer of this project still aim for a more peak and really want this project to stay alive, its really a must for them to continue growing and developing great usage for this project because we all know, most of the meme token are just a meme token. if SHIB able to utilize their token on a good way, probably we can see a more realistic price with SHIB. Also, the supply is really huge for SHIB, they should continue to burn the supply and have a limit on this if its still possible. Right now, I don't want to put money on any meme token, the hype is gone right now but it we might see another surge if the market enters into another bull run, don't expect too much with SHIB, just look for a realistic price.


Title: Re: Shiba lovers lower your expectations
Post by: goaldigger on August 02, 2022, 09:48:48 PM
$1 for SHIB is like talking about replacing Bitcoin on top, this is too much.
We should really see every project at a more realistic analysis and prediction, don’t over confident because it can lead you to a wrong analysis which can result for a more losses for you. SHIB is a meme token, its a hype token which is being manipulated by many, if you don’t see that then something is wrong with your analysis. SHIB can still rise though, but don’t expect that it can reach $1 because even on a bull market, its not possible to happen considering their total supply.


Title: Re: Shiba lovers lower your expectations
Post by: Psynthax on August 02, 2022, 10:28:52 PM
the key is always being realistic, there's always limit that meme coins like shiba couldn't surpass that's having larger market capitalization than bitcoin, moreover the trend of meme coin is like already fading, no famous figures are shilling for it anymore.
moreover shiba brings no real innovation whatsoever, so I think it's just never could reach the valuation of $1 since it's actually unsustaining for shiba inu, the flow of investment need to come from somewhere and $1 is unrealistic.


Title: Re: Shiba lovers lower your expectations
Post by: ethereumhunter on August 03, 2022, 07:08:00 AM
I don't have high expectations for the Shiba Inu because, in my opinion, even though the price could rise sharply, it will take some time, especially now that the market is still in a bear market. But even so, I already have a Shiba Inu that I bought at a low price and still hold it and staking on binance. The market conditions for meme coins haven't improved yet and it looks like meme coins will sink for a while. So those of us who have Shiba Inu coins or other meme coins need the patience to wait for the price to increase again.


Title: Re: Shiba lovers lower your expectations
Post by: Mr. Magkaisa on August 03, 2022, 09:08:36 AM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.



It is absolutely impossible to become 1$ each Shiba Inu, because a large number of SHIB will need to be burned for that to happen. So what I see here in this token is just pump and dump in the future. For me, it is not good to hold him for a long time. Also, there are more others that have the potential to hold for a long time than SHIBA such as MBET, Babydoge and others. Maybe it can be held for a short time in SHIB but not in the long term for my own preception.


Title: Re: Shiba lovers lower your expectations
Post by: DanWalker on August 03, 2022, 09:46:16 AM
Developers are profiting over investors like you. You should be careful with this investment because it's possible the huge supply is going to be dumped in the market by people behind shiba inu aiming their own good. And in my opinion you are being too optimistic. I would swap all those SHIB into something scarce, widely adopted, advantageous and valuable like bitcoin right now.

It is hard to confirm anything, OP decided to get hold of Shiba, he must have done research on Shiba as well.
For me, investing in Shiba is also no problem, each person has their own choice. As long as he understands what he's doing with his money. If he accepts the risk, he also deserves the reward he expects. Shiba may create a new hype or disappear, who knows?


Title: Re: Shiba lovers lower your expectations
Post by: yazher on August 03, 2022, 10:44:26 AM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.



Well! you have a point because having so many expectations in one project might get you in trouble once they don't fulfill their roadmaps and begin to give you a huge number of reasons why are they halting their developments. As an investor, you need to think of some negative possibility as well in order, not to less your expectation and most importantly to have your own plan B once thing does not work out with Shiba. In that case, you can simply switch to other projects to recover back your loss.


Title: Re: Shiba lovers lower your expectations
Post by: posi on August 03, 2022, 11:03:41 AM
shiba inu is one of the potential coin memes besides doge i am sure with shiba coin for long term investment no one can guess how shiba inu will be in the future but i am still consistent that shiba coin can rise again even though it takes a long time this is only my opinion can you believe or you ignore.
After such a crypto winter as the current one, even the most useful coins do not always recover in price. With regard to meme-coins, I was and remain a big pessimist. All this excitement with meme-coins will gradually subside and then they will have an unenviable future. Maybe I'm wrong, but I have no desire to invest in them. There are a lot of noteworthy cryptocurrencies in this market, and meme coins are too risky to invest in.

I also can't say whether the memecoins can continue to stay when this bear season is over, but investing in them at this point is too risky and shouldn't be risked. It can be seen that potential tokens have dropped a lot in price and the chances of these tokens recovering and rising again are much higher than with these meme coins. So in my opinion, I will not invest in shiba at this time, the risk is too high.


Title: Re: Shiba lovers lower your expectations
Post by: KaliLinux on August 03, 2022, 11:52:02 AM
Well, in the alts market like for the coins like shiba. When it got much pump during the last bull run. Do not expect to have the same pump that it has got before for the next bull run.
We're not Nostradamus but that's what most likely happening for the altcoins that have too much pump but there are some exceptions like Ethereum and BNB. But to have that idea, is you shouldn't really expect a lot.
I agree with you. Ethereum and BNB have been in the system for a while and have proven their worth in comparison to Shiba Inu. I don't believe that Shiba might get that much price surge again for a while unless something or some dope product is introduced to the project and I also think the total supply is still an issue even though there are stories of huge burn but I don't think that has bearly made any impact on the total supply of 1 Quadrillion or a circulating supply of 590 Trillion according to Coingecko.


Title: Re: Shiba lovers lower your expectations
Post by: Rufsilf on August 03, 2022, 12:43:09 PM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.


Honestly, I don't even think that Shiba Inu will value that much in the future. In fact, this project had lost its value after hitting ATH. Despite of having a great surge in that past and gaining a number of investors this still couldn't change its real color, meme coin had a bad market reputation and trust is somewhat not sustainable and these old or earlier investors will sell their Shiba coins and leave. Some investors had just taken advantage of its hype and these people won't stay long.


Title: Re: Shiba lovers lower your expectations
Post by: palle11 on August 03, 2022, 01:01:02 PM
For now never expect shiba inu to rise to its highest value as it happened in the last year,when they were only at a very low point and needed a big boost from bitcoin in order to get the highest value again,then for those of you who are already stuck in the project let's just say it's a long-term investment that we have to live with right now, hopefully the achievement of the highest score can be repeated again for the foreseeable future.

Shiba investment is for a longtime not just buy and sell instantly to make profit. It has a huge number in circulation and most people consider it as shit coin and so its trading volume is low. Shiba increase may happen around the time for bitcoin halving when even other coins will increase in price.


Title: Re: Shiba lovers lower your expectations
Post by: danherbias07 on August 03, 2022, 01:18:31 PM
Better, don't expect anything at all. If you see profits, take it. Sell off everything if you triple your investment or even at just 1.5.
It's not like this is the token that must be HODL'ed for a long period of time.
I know there are big supporters of the said token but there are also whales who could manipulate the market anytime they like.
Be prepared, that's what I would recommend. Be sure that it's being monitored daily or a time may come that you will end up with dust if you are left after a big dump.


Title: Re: Shiba lovers lower your expectations
Post by: WeedGoW on August 03, 2022, 04:43:52 PM
Most Shiba lovers that want Shiba to hit the 1 dollar price are bandwagon people. They usually overhype meme coin without actually seriously thinking it could be possible. You shouldn't take them seriously at all. One Shiba hit x5 or x10 of its price right now, most Shiba lovers are going to sell right away.


Title: Re: Shiba lovers lower your expectations
Post by: virasisog on August 03, 2022, 05:28:15 PM
Most Shiba lovers that want Shiba to hit the 1 dollar price are bandwagon people. They usually overhype meme coin without actually seriously thinking it could be possible. You shouldn't take them seriously at all. One Shiba hit x5 or x10 of its price right now, most Shiba lovers are going to sell right away.
Expectations can disappoint us in the end so we shouldn't expect beyond the capability of the coin that we're holding. Shiba usually pumps when being hyped so we should take advantage right away if that happens. There were already lots of investors who are backing out and switching to more established coins and we can't blame them for that.


Title: Re: Shiba lovers lower your expectations
Post by: ItsCrafty on August 03, 2022, 05:41:03 PM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.


I think this is very hard task to reach this level. Every body know that it is just a memecoin with no Usecase . Fir reaching 0.005$ all Biggest whale of BTC and Etherium should flow money into Shiba which is almost impossible. Still Shiba lover can hope bacause in Cryptocurrency everything is possible. For me I will far away from meme Coins.


Title: Re: Shiba lovers lower your expectations
Post by: koang on August 03, 2022, 06:07:51 PM
Be careful while buying penny cryptocurrency, no one can give a return in any time period.
People buy these because of their low price but do not understand why they are penny.

Shiba is dead. It will never get back to previous levels.
All the burns are scams, All current holders will be dead before enough is “burned” to be worth anything.
Shiba fell. Developers getting richer, get out while you can, people...


Title: Re: Shiba lovers lower your expectations
Post by: wiss19 on August 03, 2022, 07:01:41 PM
Wait, is there a shiba game already? I didn't noticed that coming and you said it is doing fine now? Cool but why didn't they publish it in the news. If only they did that then maybe they can turn some heard. I only heard they will be doing some projects like a crypto exchange, something like that but I didn't thought that they will also build a game and if they did then I can't imagine how it will look like.

Oh well, maybe it some kind of a pet game because their logo is a dog. Before that, there are also grocery stores which accepts this token, as well as shiba inu atm's but that still didn't made a big impact in its price, so you are right that people better lowered their expectations.


Title: Re: Shiba lovers lower your expectations
Post by: shinratensei_ on August 03, 2022, 08:53:30 PM
these meme coin need to be more realistic imo, the supply combined with the value if it's reaching $1 doesn't even make sense,
there's big chunk of money needed for it to be happening and most of these meme coin investments flow coming from individual.
now even majority of individual has left meme coin since they're losing big time in the last massive wave of correction so i'm guessing it's gonna become even more difficult achieving that unrealistic mark.


Title: Re: Shiba lovers lower your expectations
Post by: Baofeng on August 04, 2022, 01:50:19 PM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.

Well there are still a lot of investors who think that Shiba can make a good run even in the bear market.. I wouldn't say it's a bear market, more of  that is the target and it wasn't achieved because we suddenly enter the bearish of trend.

But who knows, maybe in the next bull run, Shiba is one of those who will make a growth that no one has expected. Or at least the hype is still there for them. And maybe if we hear some positive news about the people behind, maybe that price target can easily be hit. But I do agree that we shouldn't expect more, probably a conservative estimates, a realistic goal and not that exorbitant prediction this bear market.


Title: Re: Shiba lovers lower your expectations
Post by: Beparanf on August 04, 2022, 02:02:42 PM
these meme coin need to be more realistic imo, the supply combined with the value if it's reaching $1 doesn't even make sense,
there's big chunk of money needed for it to be happening and most of these meme coin investments flow coming from individual.
now even majority of individual has left meme coin since they're losing big time in the last massive wave of correction so i'm guessing it's gonna become even more difficult achieving that unrealistic mark.

1$ is indeed delusional with the current supply even if they burn most pf the supply since holders already got huge chunk of the supply so even thought they continuously burn part of the supply while the majority is already distributed then there’s no way for the price to pump even 0.005$ target of OP since no one will buy this token once it pump because holders will sell of some of there bags.


Title: Re: Shiba lovers lower your expectations
Post by: CuriousGeorge on August 04, 2022, 02:36:25 PM
this meme coin fans should realize that if shiba inu were to hit $1, there's certainly money needed to get it to there, most of the shiba inu bag holders are investing because they want to eventually make returns.
$1 isn't gonna reached in the future for the simple fact that shiba inu bag holders will eventually realizing their returns even if SHIB hits much lower than $1


Title: Re: Shiba lovers lower your expectations
Post by: vittosport on August 04, 2022, 04:41:58 PM
Wait, is there a shiba game already? I didn't noticed that coming and you said it is doing fine now? Cool but why didn't they publish it in the news. If only they did that then maybe they can turn some heard. I only heard they will be doing some projects like a crypto exchange, something like that but I didn't thought that they will also build a game and if they did then I can't imagine how it will look like.

Oh well, maybe it some kind of a pet game because their logo is a dog. Before that, there are also grocery stores which accepts this token, as well as shiba inu atm's but that still didn't made a big impact in its price, so you are right that people better lowered their expectations.

You are right, they will release Game Shib CCG. I got this information from their official social media. The game will also be available on the Apple AppStore and Google Play store.

For more information click the link below:
 
https://twitter.com/Shibtoken/status/1554303685043306496?t=afEqOCXCPIPvToKtDKmHEA&s=19


Title: Re: Shiba lovers lower your expectations
Post by: BobK71 on August 04, 2022, 06:15:13 PM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.
$0.005 for a meme coin is very difficult where the current price is $0.00001182. If there is a new plan with Shiba, it may be possible to reach this level. But it obviously takes longer time. We already know that Shiba project has launched a DEX exchange called Shiba Swap. I think they can come up with more new products under this project. May be new dimension will be added in this meme token that can increase its scope.


Title: Re: Shiba lovers lower your expectations
Post by: capedbaldy on August 04, 2022, 06:40:11 PM
$0.005 for a meme coin is very difficult where the current price is $0.00001182. If there is a new plan with Shiba, it may be possible to reach this level. But it obviously takes longer time. We already know that Shiba project has launched a DEX exchange called Shiba Swap. I think they can come up with more new products under this project. May be new dimension will be added in this meme token that can increase its scope.
I think launching Shiba Swap doesn't bring shiba to a high price level because DEX based coins are already widely available, so it's not too different specifically from other DEX projects. We hope that the coin meme moment can return to the future but without the support of the Doge price increase it is difficult for coins the coin meme trend can return to high levels.


Title: Re: Shiba lovers lower your expectations
Post by: justdimin on August 04, 2022, 06:58:42 PM
Developers are profiting over investors like you. You should be careful with this investment because it's possible the huge supply is going to be dumped in the market by people behind shiba inu aiming their own good. And in my opinion you are being too optimistic. I would swap all those SHIB into something scarce, widely adopted, advantageous and valuable like bitcoin right now.
It is hard to confirm anything, OP decided to get hold of Shiba, he must have done research on Shiba as well.
For me, investing in Shiba is also no problem, each person has their own choice. As long as he understands what he's doing with his money. If he accepts the risk, he also deserves the reward he expects. Shiba may create a new hype or disappear, who knows?
That is it about shiba though, it is not a "risk", it is a different type of earning that is not similar to what we have with btc or eth. Shiba is there because it was hyped, not because it is technologically superior or it was early bird, or it wasn't any of the other million things.

It was there because it had a big hype during the Elon Musk doge tweeting period and because of that hype period there were a few doge related tokens and shiba was the biggest one. So whenever there is a hype about it, the price goes up but that's about it, they do not really have anything that is marvelous to provide to people, it is all about "lol it is doge shiba, come with us!" and that's it.


Title: Re: Shiba lovers lower your expectations
Post by: Quidat on August 04, 2022, 08:57:38 PM
Dog coins always seem scary to me for some reason. Because as you said, no matter how much their supply is reduced, their amount is quite high. Even this makes one hesitate. But after the doge madness revealed by Elon Musk, I can't help myself why not. But the market shows that it is really hard to predict what will happen as fomo evolves to another side during every bull period. Many cryptocurrencies that came out in 2017 and later were garbage, except marginal ones, and disappeared from the market. At the end of 2021 and the bull of 2022, the market moved in a completely different way. It is really difficult to predict what will happen in the next bull, so I think it is not necessary to speak clearly.
There nothing could beat up the chances that a hype gives even on the shittiest project in the market could really be having the possibility on increasing its price
specially if its been shilled or hyped up by someone whose known or does have the influence which would really be giving out that kind of significant movement in the market.
For SHIB or simply meme coin lovers out there then you cant really stop them to have those unrealistic goals or perceptions on what they had invested specially on these
coins which it is really impossible considering the max or entire supply then reaching out unrealistic numbers is something far off stretched.


Title: Re: Shiba lovers lower your expectations
Post by: abel1337 on August 04, 2022, 09:13:35 PM
Dog coins always seem scary to me for some reason. Because as you said, no matter how much their supply is reduced, their amount is quite high. Even this makes one hesitate. But after the doge madness revealed by Elon Musk, I can't help myself why not. But the market shows that it is really hard to predict what will happen as fomo evolves to another side during every bull period. Many cryptocurrencies that came out in 2017 and later were garbage, except marginal ones, and disappeared from the market. At the end of 2021 and the bull of 2022, the market moved in a completely different way. It is really difficult to predict what will happen in the next bull, so I think it is not necessary to speak clearly.
This shows how much the market could go crazy on shills that a famous personality can bring. People learn and there could be a chance that the influencer influence power could loosen up as people learn from their experience to what and how to invest their money on cryptocurrency. Most of the people who experience having garbage tokens in 2017 surely make themselves careful last bull run and I'm one of them. Those who where FOMOed last bull market on this sh*t/dog coins and lose a lot of money from it will learn and will make sure that they will not get carried themselves away again by these influencers. There could be a new wave of new crypto users on the upcoming bull market and you're right that we don't know what might happen again in next the next bull run.


Title: Re: Shiba lovers lower your expectations
Post by: Psynthax on August 04, 2022, 10:29:37 PM
right, the supplies of these meme coins are too inflated, basically too much for it to ever increase its own value, without shills coming from the famous people.
these coins I think requires tremendous quantity of investment flow for it to increase its value and it isn't like alts in general that could have demands from their innovation and utilization, these meme coin exists just for speculation.


Title: Re: Shiba lovers lower your expectations
Post by: vittosport on August 05, 2022, 03:26:21 AM
right, the supplies of these meme coins are too inflated, basically too much for it to ever increase its own value, without shills coming from the famous people.
these coins I think requires tremendous quantity of investment flow for it to increase its value and it isn't like alts in general that could have demands from their innovation and utilization, these meme coin exists just for speculation.
Although the precise cause of the asset's underwhelming performance is not yet known, some traders and investors think that the abrupt decline in token burning rates is to blame for the market's token volatility issue. one of the main fuels for the Shiba Inu in recent months alongside major releases like the Shibarium multiverse.


Title: Re: Shiba lovers lower your expectations
Post by: Ayers on August 05, 2022, 03:36:38 AM
sniip
 these meme coin exists just for speculation.
memes are like that, they have no utility at all, memes are tools for the sharks to manipulate, create hype to attract newbies to the market

shiba is the most buzzing meme token in the 2021 bull season and with the intention of shiba coming, i think it is still a coin worth investing in for the future, but it's still a meme so invest as much as you can afford to lose


Title: Re: Shiba lovers lower your expectations
Post by: bluebit25 on August 05, 2022, 03:37:09 AM
I still hold the view that this is a trending and overhyped coin, so only join it when the hype process repeats to make a profit, not expecting to go a long way with the process it takes place. The glory it has created probably many people have reaped great profits since it received great interest from the crowd, perhaps for me as well as many people it has always been more risky than opportunity after having achieved previous glory


Title: Re: Shiba lovers lower your expectations
Post by: Questat on August 05, 2022, 03:52:10 AM
sniip
 these meme coin exists just for speculation.
memes are like that, they have no utility at all, memes are tools for the sharks to manipulate, create hype to attract newbies to the market

shiba is the most buzzing meme token in the 2021 bull season and with the intention of shiba coming, i think it is still a coin worth investing in for the future, but it's still a meme so invest as much as you can afford to lose
I also see some potential for this project but yeah, we can't just forget about being a meme coin, we can't be fooled with a few pumps and rallies as we really consider for the long-term, not just hypes. Although I believe that this project will stay longer like Dogecoin, however, the situation will be taught us that we can't be too confident with these meme coins, many of them ended terribly and cause losses to the investors.


Title: Re: Shiba lovers lower your expectations
Post by: jrrsparkles on August 05, 2022, 04:02:14 AM
I want to advise you guys as a fan of shiba inu, if we are on the same path with shiba inu please make sure your long-term target is 0.005$ for Shib, and erase the mindset of Shiba getting to one dollar, I know Shiba is heavily burning down on supply but the max supply is way too big.

Shiba inu hitting 0.005$ will be a big war for the project, they need to keep expanding every year, even if shiba game and metaverse did so well this price target is still going to be not easy.


Also we have to keep in mind that trend keep changing for every season once it was light weight coins with more transaction per second and cheaper fee then it turns into privacy ones then meme coins and now NFT so what if the craze over meme coins completely shifted to something which will come in a year or two.