Is Musk the boss behind SHIB?

[Zamoh]

I totally disagree. I will explain point by point why I think so.
1. Elon Musk is a cult. He is the "ambassador" of technical progress. And a lot of people are trying to cash in on it.
2. It is beneficial for SHIB to spread rumors that Elon Musk is behind the curtain. This attracts public attention.
3. What Musk did this spring showed that he does not take cryptocurrencies seriously. For him, this is a way to mock the existing financial system.
4. If we consider that this is his business, he would have attracted much more attention and money if he spoke openly about his supervision.

This is my subjective point of view.

[Beparanf]

I guess not, there's not enough or no concrete evidence at all to support this claim that Elon Musk is the mastermind behind the Shiba Inu. Although EM is the culprit who made the SHIB famous with just one single tweet, and now SHIB have made more investors than DOGE. Still they aren't stable and anytime they'll vanish because they're memecoin. But somehow, others are still lucky that they've invested in those stated coins before the hype started.

He is too influential that makes other follow whatever his doing and investing with.He may not be the boss but  We can’t deny the fact that he is smart when comes in inventions as well in investing that many inspires to be like him. It’s good that he was able to hype Doge and Shib for fun since among his followers were able to gain profit. It’s not that people follows him if they were able to earn from following him, but we must still know when to stop when we are at lost since unlike Elon he have to many money to dump and pump some coins.

[Vaskiy]

I guess not, there's not enough or no concrete evidence at all to support this claim that Elon Musk is the mastermind behind the Shiba Inu. Although EM is the culprit who made the SHIB famous with just one single tweet, and now SHIB have made more investors than DOGE. Still they aren't stable and anytime they'll vanish because they're memecoin. But somehow, others are still lucky that they've invested in those stated coins before the hype started.

He is too influential that makes other follow whatever his doing and investing with.He may not be the boss but  We can’t deny the fact that he is smart when comes in inventions as well in investing that many inspires to be like him. It’s good that he was able to hype Doge and Shib for fun since among his followers were able to gain profit. It’s not that people follows him if they were able to earn from following him, but we must still know when to stop when we are at lost since unlike Elon he have to many money to dump and pump some coins.

None thought of such a thing from Elon Musk. Everything happened with few tweets and the market grew like anything in no time. This is the power of influencers. As these people are already established, his moves will be followed by the common people who are with the urge of money making. However, his tweets have made big number of millionaires.

He himself never have the intention of making millionaires, but the way to pump his holdings made others turn millionaires out of their investments. So, we need to stay so close to his tweets, because anything bearish could also happen in no time.

[tokyohd]

Elon Musk never supported SHIB tokens. If he supports it then of course SHIB token will be as good as DOGE coin. However, there is a possibility of support in the future and I think the future of SHIB tokens is bright because There is a big news on the recent social media about listing on a big exchange like Robinhood so I think the future of SHIB is bright.

[gurunanakji777]

Honestly speaking I don't take Elon serious neither I check his tweets. For me he is not a good adviser to follow. He is a businessman always create hype and later on speak ill and make money his work is to pump and dump by his tweets but now investors are not taking him seriously. You must be aware Shib has huge no of holders so the growth depends on the community not on Elon.

[matchi2011]

Honestly speaking I don't take Elon serious neither I check his tweets. For me he is not a good adviser to follow.

Hw will say what will have him good benefits, not a good source of information if you don't know how to classify.

He is a businessman always create hype and later on speak ill and make money his work is to pump and dump by his tweets but now investors are not taking him seriously.

That's how he works, it more on the money side, he don't care about anything.

You must be aware Shib has huge no of holders so the growth depends on the community not on Elon.

Community but also,  some influence from big whales they are also playing around to make money.

[darmin]

I don't think it has anything to do with Elon and Shiba. Shiba has a large community and is almost equivalent to a doge that is both meme coins. So I think because of that Shiba continues to pump and not because there is Elon. He is just a rich man who recently joined crypto as well as a doge supporter in some of his tweets some time ago.

[ije07]

I don't think if Elon is behind Shiba but when Elon tweets about meme coin then its price will pump, maybe Shiba token community always focus on Elon and it's as if he is the owner of this token, then will investing in Shiba be profitable in future? I am optimistic that Shiba will continue to profit in the future and maybe in the future it will be like the current Doge, especially since the trading volume of Shiba tokens is so large that I will definitely continue to increase the number. this token so that I can last for the long term.

[uneng]

Is Musk the boss behind SHIB?
Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE 
Can someone explain, thank you

I am not sure who is backing Shib token but if you need a personality like Elon Musk to backup your coin and without that you will not succeed, then its a failure as a project. The project should be strong enough to appeal the investors and it should not depend on any famous personality to keep tweeting about it in order for it to keep alive.

some time ago he openly said that he did not have a shib but of course I do not fully believe in this because it is completely wrong to trust Elon.
he could have said this because at that time shiba was in a fairly positive market and the price was too high.
does not rule out the possibility that something is indeed being covered up because I myself feel quite sure that indeed Elon will not be able to not be in something that is not manipulated

True, just because Elon Musk said he doesn't hold any shiba inu it doesn't mean he is telling the truth. There is also the possibility he uses someone else (an employee, a strawman) to hold altcoins for him, so he can be an investor without risking his image meanwhile, if an investment goes wrong and lots of people lose money.

In fact, there is no way to know for sure who is behind shiba inu, because the only information available about its developer is his nickname: Ryoshi, that means fisherman in japanese. Actually that is a very funny name for a meme currency creator, since he is literally fishing many naive investors who fall for his bait easily, expecting decent financial returns.

[isaac_clarke22]

~

I mean what else can you believe in the internet. I can claim that I am holding the whole supply of Bitcoin or even half of it. It is the internet. Anyone can claim what they can do with just few words away and one click away from posting.
It's been a while since we got another "Musk" discussion here.

[ardydyon]

Is Musk the boss behind SHIB?
Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE 
Can someone explain, thank you

whoever the boss of shiba is, i don't really care, but one thing we need to see from shiba's development is very extraordinary.
they were able to surpass the marketcap of their competitor doge on meme coin.
this is a signal that the shiba is able to surpass the doge in the future. currently shiba has been audited by certik.
they also have a strong community and help each other promote this coin to everyone.

[Sayeds56]

Is Musk the boss behind SHIB?
Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE 
Can someone explain, thank you

I think it is not important that Elon Musk is behind shiba Inu, Doge or Bitcoin because his tweets will have impact on price for a shrt period and it won't sustain if the coin is fundamentally weak and use case is not so strong. Projects with professional Team, innovative idea perform without any support from celebrity. I have seen in Media that Shiba Inu Team has developed shiba swap, Shiba DeFi and adding more4 features to shiba platform that is import for long term growth of Project.

[Google+]

whoever the boss of shiba is, i don't really care, but one thing we need to see from shiba's development is very extraordinary.
they were able to surpass the marketcap of their competitor doge on meme coin.
this is a signal that the shiba is able to surpass the doge in the future. currently shiba has been audited by certik.
they also have a strong community and help each other promote this coin to everyone.

Do you see the current position of Shiba Inu in coinmarketcap along with Dogecoin's position ? if you haven't seen it try to wash your face then go to coinmarketcap and compare the volume of the two for now where Dogecoin is still very strong to maintain its position in the top 10 while Shiba Inu continues to be hit by others due to community and followers problems, Shiba Inu is still very strong very little bro.

[mamesso]

Is Musk the boss behind SHIB?

Elon Musk is a nobody, he is the boss at the Tesla company. He didn't have any control over the Shib coin. He really likes dogs, coincidentally Doge and Shiba have Logo like his favorite Dog.

Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE 
Can someone explain, thank you

Shitcoin is not a good long term investment. This story reminds me Back in 2017, that time i held some shitcoin, I also dream of making big profits from tokens like this.
Like most coin, they don't go anywhere or become inactive. I have seen a lot of coins come and go. Most have fame for 1 week before fading into obscurity. Bubbles exist, The empty promise of huge profits leads many people into a vicious circle bouncing from one shitcoin to another.

I always hear about people putting $500 into shitcoin and making $10,000. But on the contrary, I hardly hear of hundreds of people putting in $1,000 and having nothing. There are more horror stories than success stories for those who invest in meme coins.

This rule always applies to those who want to make money in cryptocurrency. Many newcomers have had to learn the hard way about why shitcoins are worthless in the long run. But the best way for them to learn is through personal experience. It's up to them to learn from defeat or keep playing with fire.
Here I would say it like this: if you don't understand patience and risk management in the crypto space, You will pull the carpet yourself until you get the hang of it.

[Bitcoin Seller]

Is Musk the boss behind SHIB?
Is there an advantage in the future? I am optimistic that SHIB's performance is as good as DOGE 
Can someone explain, thank you

No, Elon Musk is not boss behind SHIBA. He claimed that he didn't hold it. I know that he supports Dogecoin as he invests in it on his own so he keep in touch with its developers and support all new updates like it was a couple of weeks ago. After a new update he noted the importance of this event as he believes that dogecoin will be used as a means of payment in the future.

[cliber]

Musk doesn't seem like the boss behind SHIB in my opinion. If you're asking if there's an advantage in the future, of course I think there is. So far the Shiba Inu has been like a magnet that can attract many people to talk about it. Of course the Shiba Inu is now a big token among them.

[Newlifebtc]

Musk doesn't seem like the boss behind SHIB in my opinion. If you're asking if there's an advantage in the future, of course I think there is. So far the Shiba Inu has been like a magnet that can attract many people to talk about it. Of course the Shiba Inu is now a big token among them.

He will not like shib Inu because all his concentration or attention is basically on doge, doge coin is his coin so any coin that is not doing well musk will like it because he likes doge cover other new coin, but any coin that is doing well he against the coin.

[BitcoinAccepted]

I don't think he is behind of it. Elon Musk is really dedicated on Doge and really tried to shill it out on his social media account and in SHIB the people behind that is reputable developers. I don't think Elon would focus on other cryptocurrency rather than the Dogecoin. I don't think he would waste time promoting Doge where he has other project such as Shib.

[Xampeuu]

I don't think he is behind of it. Elon Musk is really dedicated on Doge and really tried to shill it out on his social media account and in SHIB the people behind that is reputable developers. I don't think Elon would focus on other cryptocurrency rather than the Dogecoin. I don't think he would waste time promoting Doge where he has other project such as Shib.

on previous news Elon also stated that he was not behind shiba, he did not admit it, indeed at this time Elon was more inclined to coin doge, after doge gave him wealth. but indeed no one knows for sure, what is clear is that we have to be careful with meme coins, until now, of course, many investors have panicked due to the price drop.

[Natalim]

I don't think he is behind of it. Elon Musk is really dedicated on Doge and really tried to shill it out on his social media account and in SHIB the people behind that is reputable developers. I don't think Elon would focus on other cryptocurrency rather than the Dogecoin. I don't think he would waste time promoting Doge where he has other project such as Shib.

Why not, DOGECOIN is already over, it's not rising anymore os most likely it will dump if the bear market will start. Elon is very smart, he hypes DOGE and he already made a lot of profit from it, and if he still thinks he cannot hype DOGE anymore, he can easily hype another meme coin so he can make easy money from it.

Though Elon declared he doesn't own Shiba, but he could change his statement and that would result in another pump.

https://cryptopotato.com/elon-musk-says-he-doesnt-own-shiba-inu-tokens-enraging-shib-hodlers/