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Author Topic: What you guys think is Shiba Inu Coin a better investment than Dogecoin?  (Read 250 times)
virasog
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November 14, 2021, 12:28:22 PM
 #21

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

Dogecoin is one of the oldest coins and it is still around and will continue to exists. I can't say same thing about Shiba Inu Coin. If you need to choose between the two, i will choose Doge coin on the reason that it is being promoted by Elon Musk and he is seriously working behind the scenes to make it a better crypto currency.

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November 14, 2021, 01:30:31 PM
 #22

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.
I don't see any usefulness in Shiba Inu, and even Doge is way better because it's old and has been used for gambling for years. But I was clearly wrong before about the marketcap potential of Shiba, as I never thought it would get this close to Dogecoin. I treated it as a joke of a joke, something that cannot get as much hype as Dogecoin, but here we are with Shiba being #11... So while I don't think it's a reasonably good investment because there's nothing but hype to it, it is a way towards profit if one's willing to risk it, and maybe it will surpass Doge after all.

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November 15, 2021, 01:20:42 PM
 #23

And they likely won’t be around within the next 10 year.

You're wrong, doge has proven that this coin can last even if it has no real use. one of the reasons is because of the strength of the community, this is what makes the difference. the community plays an active role in maintaining the doge's position so far. and this also applies to the shiba inu. when this coin first entered the market, their community was very loyal. I believe that even without real use, the shiba inu will still last ten years. Meme coins are now taken into account and are not really just jokes.

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November 15, 2021, 02:57:19 PM
 #24

Not one or the other of these ventures have a substantial use-case.
Im not sure about shiba. it's a defi token right now. Shiba itself already announced that on its official twitter. Shiba has shiba swap and it will be launched shiba blockchain as soon as possible. This may change the image of shiba inu to be a meme token. You can even check it directly. it seems like the vision of shiba inu is much stronger than doge coin. The doge coin must have needed a developer that can at least give it second layer blockchain to make doge coin can be integrated with defi and NFT.

And they likely won’t be around within the next 10 year.
Im not sure about this. doge has been in the crypto almost for a decade. That proves that if doge is having a very strong community that will always back it along with shiba inu with its own community. I personally think that if shiba and doge will be last forever. Im not a supporter of those tokens but the developments are still running. We will see what will be the next achievement that will be achieved by shiba and how it will be competing and surviving for long term.
Shiba now has a large community as well. At the beginning of the release until not long ago shiba inu already has a large following and proved it can boost through high capitality. For the next ten years I think shiba will still be able to fly because this coin is still considered quite cheap and the goal is certainly to reach the same point as the doge.

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November 15, 2021, 03:08:40 PM
 #25

even almost everyone has thought of doge but maybe not for shiba.
but apart from that of course as you say they are all the same, they are coin memes which they will eventually disappear and throw away once the hype is over.
on the other hand they are a good place to double profits but not for beginners and not for a real investor.
they must be in a high level of risk and be brave in making decisions because the biggest possibility is to lose the assets we have

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November 15, 2021, 04:09:35 PM
 #26

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.
Maybe in the next two years there will be crypto using only our real names, and some coins appearing in the blockchain, as NFT is now. Maybe if that happens, the names Vitalik, Elon Musk, Justin Sun have wallets with large balances. Grin Crypto is just a combination of program codes to be unique, so it is very possible that it happened.
Then what happened to the meme token at that time?
Dogecoin has contributed greatly to blockchain, mining and exchanges. Most of the Dogecoins are just thrown away without them caring about the private key. I'm not a great investor, but I wasted Dogecoin too.
This means that Dogecoin has gone through various crypto market conditions, investors' love and commitment to this coin.
So, has this happened to the current meme tokens that only depend on other blockchains?
If transaction fees turn out to be high, as is the case with the current Ethereum blockchain. While the token price is much lower. Is one day the token is still worth holding it?

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November 15, 2021, 04:17:36 PM
 #27

what you said is true. In the future, we don't know whether this coin is still around or not considering that the increase that happened really made people suspicious.
however, i have the same view between shiba and doge. however, if it's more profitable for now, it looks like it's shiba. Doge coin currently has a high price, so it is very risky to have it in large quantities. however, for shiba, even for a few bucks, you can get a lot of it. however, the days of doge holder profits are past. however, I don't know with shiba. as I said, this coin carries the same amount of risk. however, considering shiba and doge, I might tend to go for doge for the long term, and shiba for the short term. however, the risk is that Doge dumps to its initial price, and the shiba becomes a worthless coin.

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November 15, 2021, 04:27:40 PM
 #28

shiba and doge both are meme but their holding community is just as strong ,shiba is like his sister dogecoin ! who would have to known that shiba could hit prices at similar to dogecoin last ATH later the future might be crazy ! 10 years in the future if there are still people using it then shiba and doge are still in this crypto

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November 15, 2021, 09:45:43 PM
 #29

shiba and doge both are meme but their holding community is just as strong ,shiba is like his sister dogecoin ! who would have to known that shiba could hit prices at similar to dogecoin last ATH later the future might be crazy ! 10 years in the future if there are still people using it then shiba and doge are still in this crypto

No one can predict the course of a coin if influential people have spoken. just like Dogecoin.was exposed years ago, this coin is underrated. but what happens now? everyone wants to have it. so is the case with Shiba. who will know about the fate of this coin

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November 15, 2021, 09:59:36 PM
Last edit: November 15, 2021, 10:10:04 PM by carlfebz2
 #30

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.
Memecoins arent bad to invest but with real use case? I dont give a damn with that.Everything that is driven with hype would eventually comes down even Doge is a meme coin then i dont consider any other meme coins in the market which is better than this one.

So if you do touch up SHIB then its your choice and as long you do know the risk then its your call whether you do invest or not.Im not saying it cant be profitable but the risk is high.

Anytime its price could really go down once the hype or interest is over in the community.So be wise on making your actions.
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November 15, 2021, 10:40:50 PM
 #31

If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.
I have been around way before ICO period as well, and there are coins from that period, and I have seen ICO period as well and there are some coins from that period as well, I have seen IEO projects become something and now NFT is something and people doubt that it will go on but I say a few will, surely it won't be hyped like today but it will be there. ADA was a ICO project if I am not wrong, after nearly 3 years it reached to 3rd place, THAT'S what meme coins potential is.

Look at Doge, it was literally nothing for years, nobody cared about it at all, and then one day it reached to all time high and nearly 70 cents each. I am not saying Shiba will do the same, it is near impossible for it to be that high, and I believe that Shiba will go down, however the argument against it is not that hype will die down, because even if the general hype dies, few projects could still stand.

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November 15, 2021, 10:44:21 PM
 #32

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

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November 15, 2021, 11:05:40 PM
 #33

If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.
I have been around way before ICO period as well, and there are coins from that period, and I have seen ICO period as well and there are some coins from that period as well, I have seen IEO projects become something and now NFT is something and people doubt that it will go on but I say a few will, surely it won't be hyped like today but it will be there. ADA was a ICO project if I am not wrong, after nearly 3 years it reached to 3rd place, THAT'S what meme coins potential is.

Look at Doge, it was literally nothing for years, nobody cared about it at all, and then one day it reached to all time high and nearly 70 cents each. I am not saying Shiba will do the same, it is near impossible for it to be that high, and I believe that Shiba will go down, however the argument against it is not that hype will die down, because even if the general hype dies, few projects could still stand.
Doge is in the market for a decade. Shiba out of hype has reached this level. The survival of these tokens were very minimal, because if popular person hasn't given a hype shiba would've been an unknown token that reached the coinmarketcap and got vanished. Just through the hype it has reached a level and from that it is getting onto further development of own blockchain and many more. How far this gonna be effective is unknown. However Shiba will be kept alive, whereas doge needs massive support to move forward.

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November 15, 2021, 11:39:54 PM
 #34

If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.
I have been around way before ICO period as well, and there are coins from that period, and I have seen ICO period as well and there are some coins from that period as well, I have seen IEO projects become something and now NFT is something and people doubt that it will go on but I say a few will, surely it won't be hyped like today but it will be there. ADA was a ICO project if I am not wrong, after nearly 3 years it reached to 3rd place, THAT'S what meme coins potential is.

Look at Doge, it was literally nothing for years, nobody cared about it at all, and then one day it reached to all time high and nearly 70 cents each. I am not saying Shiba will do the same, it is near impossible for it to be that high, and I believe that Shiba will go down, however the argument against it is not that hype will die down, because even if the general hype dies, few projects could still stand.
Doge is in the market for a decade. Shiba out of hype has reached this level. The survival of these tokens were very minimal, because if popular person hasn't given a hype shiba would've been an unknown token that reached the coinmarketcap and got vanished. Just through the hype it has reached a level and from that it is getting onto further development of own blockchain and many more. How far this gonna be effective is unknown. However Shiba will be kept alive, whereas doge needs massive support to move forward.

this support from shiba won't be forever, soon another altcoin will appear and shiba supporters will leave shiba to go on another project that can give 700% profit and shiba will lose popularity, this is something you see frequently in this market since years old

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

the saddest is that there are hundreds of people who put a lot of money into it

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November 15, 2021, 11:44:52 PM
 #35

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

the saddest is that there are hundreds of people who put a lot of money into it

There are also a lot of people who made a lot of money on it. Those people who made money tell other people about it, who are often completely random and have no idea about cryptocurrencies. When someone hears how easily another earned money, he often follows him like a sheep, followed by another and another person. This is how bubbles are formed. In my opinion, the SHIB bubble is about to burst, so I would advise everyone to invest very carefully.

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November 15, 2021, 11:52:44 PM
 #36

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

the saddest is that there are hundreds of people who put a lot of money into it

There are also a lot of people who made a lot of money on it. Those people who made money tell other people about it, who are often completely random and have no idea about cryptocurrencies. When someone hears how easily another earned money, he often follows him like a sheep, followed by another and another person. This is how bubbles are formed. In my opinion, the SHIB bubble is about to burst, so I would advise everyone to invest very carefully.

it depends on the preference of the user regarding this type of investment. but one thing i can say, meme coins may have their time today, but think of their future. can they survive in this market? what would be the reasons why they can have longer lifespan? if you can't find a clear answer, then you should know where to put your hard-earned savings.
right now, shib is still attracting attention, even media is giving them interest. but can they sustain this interest and live longer than doge?

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November 16, 2021, 02:28:15 AM
 #37

I think it is very unscientific to ask this question. These two coins obviously do not have their unique technology that fits the market supply. They are just a tool for capital to accumulate money. They will not always exist.
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November 16, 2021, 09:15:18 AM
 #38

I think it is very unscientific to ask this question. These two coins obviously do not have their unique technology that fits the market supply. They are just a tool for capital to accumulate money. They will not always exist.

Yeah, but we can tell the same pretty much about everything. I think, the question about investment considering those coins is tricky itself. When I hear about Doge or Shib I don’t think like an investor. I think like a short term trader. As for me, it’s better to make quick profit on such coins, even though it is a chance they could be worth more in a long game. Investing needs something less volatile and more fundamental. That is why neither of them are good for investing, if we mean something rational and thoughtful under it.

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November 17, 2021, 07:23:27 AM
 #39

I think it is very unscientific to ask this question. These two coins obviously do not have their unique technology that fits the market supply.
Doge has been used its own blockchain and it can be considered as its own tech. Shiba was using ethereum blockchain and it doesn't have own blockchain to run its token but shiba has a swap platform. Im not sure about what do you mean about tech but both were still using tech to run its tokens. that's a non sense thing to call both didn't have their unique technology. The tech must not be always a new tech.

They are just a tool for capital to accumulate money. They will not always exist.
Hmmm.. that's pretty interesting to see this statement. As far as i know doge developer never got big money and he has sold all of his stash since a long time ago. Have you seen the token distribution from shiba inu? it seems like there was no token that allocated for the team. All of supply were getting distributed. Vitalik was just sending 50% of shiba inu for charity purpose.
It's still unpredictable whether the shit token can exist in the future but anything can change easily. Shiba can become a non meme token anymore for sure. The same thing may happen with doge coin.

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November 18, 2021, 05:03:08 AM
 #40

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.



I don't think that doge flies soon. But doge is a powerful coin in terms of community, so it can remain alive and even grow in price one day.
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