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Author Topic: Elon doesn't own Shiba?  (Read 446 times)
Baofeng
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November 04, 2021, 10:19:33 PM
 #81

Probably another trick in Elon Musk book, (1) if someone ask him how much "x" cryptocurrency he owns, he will say no (2) it will have a domino effect on that "x" coins pulling the price down (3) Elon Musk buy a ton (4) change his stance and he said he bought some (5) the price spike, (6) more money again for him.

So for me I wouldn't bother to read his tweet or whatsnot. We should decide for ourselves and not blindly listen to any crypto influencer, not only Elon Musk.

I really like your ecenario. In your opinion, we should now buy SHIBA and wait for Elon Musk's new tweet, but this time with positive news for SHIBA.
I think this idea is worth risking a few bucks Smiley
If there is a positive tweet about SHIBA on Musk's profile, I will ask you for your BTC address to transfer some satoshi Wink

Lol, look at this tweet though,



https://twitter.com/Tree_of_Alpha/status/1456332297393872899

So it seems that he is going to accept it as mode of payment for his Tesla and now creating more hype for him and Shiba of course. My scenario is very close though,  Grin

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lixer
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November 05, 2021, 05:28:31 AM
 #82

The fact that Elon doesn't have Shiba doesn't mean the project won't survive without him. After all, It's not possible for someone to have it all. He might have had a negative effect on the price when he uttered the statement but Shiba will bounce back as its gradually taking the step of becoming something way more better and useful to the community than just being a meme.
Even there are still some rumors about few things which are not clear, but Elon Musk is doing some good tricks with this all crypto community and having some good advantage due to his well reputation. Shiba hype is still running very badly even price drop very quickly but still too many newbies are having some good profit and can lose more than this all because no one can guide them about this all hype which can collapse.

Shiba doesn't provide real use cases to the mainstream world. It's just a meme coin which is having nothing with crypto world, it's relaying in this crypto world just as shit coin.

BitcoinAccepted
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November 05, 2021, 08:21:33 AM
 #83

The Shiba still have a lot of supporters and have a good team that still develop the project, if they can find more use of the Shiba or if some company starts accepting Shiba I think it will pump more. In regards with Elon Musk, we shouldn't be surprise that he doesn't own Shiba since he supports Doge it's like supporting your enemy and he is really focusing on improving Dogecoin.

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November 05, 2021, 09:01:05 AM
 #84

The Shiba still have a lot of supporters and have a good team that still develop the project, if they can find more use of the Shiba or if some company starts accepting Shiba I think it will pump more. In regards with Elon Musk, we shouldn't be surprise that he doesn't own Shiba since he supports Doge it's like supporting your enemy and he is really focusing on improving Dogecoin.
Shiba inu is a parody of dogecoin but i think this meme coin is way better than dogecoin itself. And to think that Elon does not owned it, its definitely a good thing as its less likely to have the same future with dogecoin.

However, considering that they started as meme coins would not be a good option to invest in Shiba inu because its future is still very uncertain. It might be very profitable at this moment, but who knows if a heavy price correction will soon to hit the market, its value will not recover anymore. So investing in Shiba inu needs to be more cautious as its only good for nothing in the end. I suggest to focus more on solid coins like bitcoin and ethereum as they have brighter future than Shiba inu.

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November 05, 2021, 09:30:57 AM
 #85

I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

 I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

people like Elon Musk have a huge influence in the community, he doesn't even care about the future of SHIBA, his goal, he just creates hype for whatever coin he wants!!. for example, If he cares about a currency, of course he holds or has more SHIB. Elon Musk is not one of the developers of the SHIBA INU project. He also said he didn't have a SHIBA INU in his wallet. I believe this with what ELON MUSK said. just watch after he put it like that, the price of shiba decreased a bit. this is what I mean ELON MUSK has a big influence in the Crypto community

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November 05, 2021, 11:34:09 AM
 #86

On the twitter elone musk said that he have no shiba inu in his wallet . So we can believe him. He is a very effective person on crypto market . A tweet of elone musk can effect on the any crypto for hype. 

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November 05, 2021, 02:42:34 PM
 #87

The community is full of stupid people if they only trust Elon to dictate their future.

If they really believe that this coin will make a difference in the future, then they should still trust it even if Elon would say that he didn't own this coin. The problem is, they keep trusting Elon despite knowing that he loves to shill a worthless coin just to hype it to make himself enjoy the profit of it. They will learn the hard way, I'm sure with that as sooner or later, Shiba would dump just like other coins who only rise due to hype.

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November 07, 2021, 11:17:38 AM
 #88

Elon and Shiba are opposites. Many say shiba is a competitor to the doge and maybe that's what makes elon not interested in shiba. Obviously Elon tweet had a very strong impact on him not owning a shiba. Shiba is a coin that has a large community and projects that are still in the development stage. This is a good capital for shiba to create a wider market value.

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