A strange act by the founder of Shiba Inu

[Xal0lex]

Why did the Shiba Inu founder decide to delete everything and disappear? It's a strange move.

On Medium he deleted all the posts and left only one blog https://allhailtheshiba.medium.com/we-are-all-ryoshi-435b2f5c754c.
On Twitter, too, everything has been deleted https://twitter.com/RyoshiResearch

What did the founder wanted to say by his actions? Or did he decide to repeat Satoshi Nakamoto's way and just disappear?

[TheBeardedBaby]

It won't be surprising. After all many good projects with good technology and use case turn to be a scam because of one person decides to go for the easy money.
I don't trust meme coins.


BTW there's another thread discussing the matter: https://bitcointalk.org/index.php?topic=5400859.0

[BitcoinPanther]

The action of the Shiba founder is very alerting.  This might be considered as a red flag or sign of something ominous to happen on Shiba Inu.  Lots of negative rumors would possibly emerge such as Rug Pulls and others that can lead to a scam conclusion.  I wonder what is the Shiba developer plotting, but checking on the market movement  it looks like it hasn't reacted yet on the current action of Shiba's founder.

[Takyeon]

If Shiba goes down the effect will be much more than that of Luna, maybe shytoshi wants to do what Nakamoto did? Anyway I am not going to jump into any final decision right now, I will wait and see how this turns out on the long run.

[Strongkored]

but checking on the market movement  it looks like it hasn't reacted yet on the current action of Shiba's founder.

yeah haven't reacted yet or haven't been noticed by the holders

If Shiba goes down the effect will be much more than that of Luna, maybe shytoshi wants to do what Nakamoto did? Anyway I am not going to jump into any final decision right now, I will wait and see how this turns out on the long run.

That's stupid in my opinion, what Nakamoto does may not necessarily have the same impact as what he does, remember BTC is already full of a community that supports its continued development but Shiba Inu will still depend on what he does.
Everyone who sells it is currently in a loss position, hopefully there won't be a crash market again because of this strange behavior.

[leea-1334]

How on earth can the effect of a known memecoin and known scamcoin be worse than Terra,,, which was an unknown scam? I say unknown because 90% of people who bought it thought it was a real stablecoin of course it was a scam but my point is Shiba and all the memecoins are not even pretending.

I love centralized coins when they do things like this,,, teach everyone a lesson.

[RussianEnglishTranslation]

Why did the Shiba Inu founder decide to delete everything and disappear? It's a strange move.

On Medium he deleted all the posts and left only one blog https://allhailtheshiba.medium.com/we-are-all-ryoshi-435b2f5c754c.
On Twitter, too, everything has been deleted https://twitter.com/RyoshiResearch

What did the founder wanted to say by his actions? Or did he decide to repeat Satoshi Nakamoto's way and just disappear?

Consider it an exit scam. 99.9% of meme coins are scams from the start, it's just a matter of time before people find out and the team runs off with the money. He is covering his tracks by deleting everything and probably is in India right now with a fake death certificate. Stop investing in fly by night scams and get some real world changing projects, like XRP and ICP. Don't be a pets.com investor when you could have owned the next google.

[Xal0lex]

It won't be surprising. After all many good projects with good technology and use case turn to be a scam because of one person decides to go for the easy money.
I don't trust meme coins.

But in this case there is no scam, we can not equate the removal of social networks to scams, although such a move is often used by scammers when doing exit scam. I still tend to believe that this is a kind of imitation of the actions of Satoshi Nakamoto, at some point just to disappear and leave the project to support among the community. And the project itself was initially a parody on DOGE, what to wonder

[goaldigger]

It won't be surprising. After all many good projects with good technology and use case turn to be a scam because of one person decides to go for the easy money.
I don't trust meme coins.

But in this case there is no scam, we can not equate the removal of social networks to scams, although such a move is often used by scammers when doing exit scam. I still tend to believe that this is a kind of imitation of the actions of Satoshi Nakamoto, at some point just to disappear and leave the project to support among the community. And the project itself was initially a parody on DOGE, what to wonder

That could be the scenario, as long as SHIB is still here then you have nothing to worry about. Its just that, SHIB can easily be abandoned now and you know that it’s also possible to happen and that’s why many are panicking already because this might be their first attempt to leave the project. I don’t know what’s the real agenda here but it’s better to be safe now than to say sorry later on, if I were you try to asses your SHIB holdings and see what can you do to protect that money, reinvesting to other project should be one of the option.

[Captain Corporate]

I am not entirely sure if this will impact Shiba or not, thats the worrying part. People are not aware of this, and the price of shiba is up today as well. I do not know what we are doing right now, I feel like we should be doing something a bit more public so that everyone hears about it. If people never hear about this situation then how could they end up selling their shiba and getting out? They won't do that and we would be ending it with a situation that would be both bad for shiba and drop, but also bad for investors who wouldn't know why it dropped. I do not think that it would be wise for people to be unaware of this situation.

[Oilacris]

It won't be surprising. After all many good projects with good technology and use case turn to be a scam because of one person decides to go for the easy money.
I don't trust meme coins.


BTW there's another thread discussing the matter: https://bitcointalk.org/index.php?topic=5400859.0

Anything could really happen thats why its not really that surprising whatever situations that do suddenly happened no matter how trustable or known the project and its owner but still these kind of full u-turn could really happen

thats why its never been recommendable on going all in for a particular project specially on meme coins.We've been keeping on saying that meme coins are shit and not really that worth but still people

do really love to engage and now its resulted to this? We cant be sure already into its future and now without any hints and display for its progress and updates.

[jossiel]

If I want to disconnect to the internet and the community, I would probably do the same as he. It's like detoxifying myself if I'm too stressed out with the things that I do daily.

But the thing is, I don't have a big responsibility such as he.

And this act of his, it's like a sign that he's trying to go away with his responsibility to the community and project that he has built. If he wants to stay away for a while, temporary.

He can just leave his account and there's no need to delete.