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Author Topic: Shiba Inu has no value and shouldn't be bought  (Read 562 times)
dawg shite (OP)
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August 22, 2022, 02:36:31 PM
Merited by nutildah (2)
 #1

Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!
And reason number two why coins are going die is a lack of good tech.

If you see a coin now, where
- it is a copy
AND
- it is bad tech
Plz go IMMEDIATELY SELL such coins because such coins will die and you will get a massive LOSS.

One of such coins is Shiba Inu because it is a cheap copy from Dogecoin!
And longterm, it will be failed because it doesn't have innovative tech.
Shiba Inu coin is a very weak coin and it is just pushed by marketing and Elon Musk. Shiba Inu is just driven by hype and hot air, it is not justified and will fail very bad.

Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS
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August 22, 2022, 02:49:50 PM
Last edit: August 22, 2022, 03:15:54 PM by tromp
 #2

Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!

Litecoin begs to differ.

It only made some relatively meaningless tweaks to Bitcoin (or to the now forgotten Tenebrix to be precise), and its much-touted ASIC-resistance proved to be extremely short-lived (its PoW now just takes a needlessly long time to verify), yet it went on to be rather successful in terms of marketcap.

Doge itself launched as a Litecoin clone with a few more meaningless tweaks.
It did make a very meaningful change later though, when it introduced Tail Emission.
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August 22, 2022, 03:12:09 PM
 #3

Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!
And reason number two why coins are going die is a lack of good tech.

If you see a coin now, where
- it is a copy
AND
- it is bad tech
Plz go IMMEDIATELY SELL such coins because such coins will die and you will get a massive LOSS.

One of such coins is Shiba Inu because it is a cheap copy from Dogecoin!
And longterm, it will be failed because it doesn't have innovative tech.
Shiba Inu coin is a very weak coin and it is just pushed by marketing and Elon Musk. Shiba Inu is just driven by hype and hot air, it is not justified and will fail very bad.

Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS
happy to see your kind of crypto guy. this is what most investors dont understand. most of traders and investors think shiba inu will do what  doge did. yes there is a little bit of chance to be so. but we should always keep in mind that one usercase is only for one time. just think what happened with NFT. the same happened with meme coins. they wont pump again as many of investors think. the next hype will be something else.

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August 22, 2022, 03:32:01 PM
 #4

This can only come from a newbie  Grin

1. For all those saying that Shiba inu was only shill on Youtube to get peoples attention, go to Youtube right now and search for your favourite altcoin, you will see many Youtubers shilling them, is there any coin or token that's not been mentioned on Youtube?.

2. Some people will keep ranting till another bull market gets here, all they would ever do is fantasizing how cruel bear market can be, fear filled in their gut and by the time they wake up its 2024.

This is the time for accumulation not making some.complains, before Shiba inu surge so high do you know how many people said it's a shit coin? This is a land of opportunity, learn to make money off them.

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August 22, 2022, 04:13:55 PM
 #5

I know how do you feel about shiba inu but im sure this awareness thread will not so useful. People are valuing shiba based on speculation and not from fundamental of token.it's quite clear that as a meme token and this has no utility value. That means if this is a security token that has no any usability.
You can tell those who are still buying this token but they will ignore your awareness as they wanna only speculating this token.

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August 22, 2022, 04:14:18 PM
 #6

Is there any coin that's still pumping right now?BTC is trading at 21k so yea all other projects will be down too, Shib has a trusted community and developers that aren't ready to backdown even in any market situation, on the long run Shib could worth the risk.

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August 22, 2022, 04:33:58 PM
 #7

Shiba inu made a good run during the bull market and with the present market situation, it's understandable for people to see the project as dead basically because of the usecase deficit. I'm not certain of what would come out of Shiba inu during the next bull run, but I'll like to hold some quantity, so as to benefit from whatever the market holds in the future.
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August 22, 2022, 04:46:22 PM
Last edit: August 22, 2022, 04:57:19 PM by dawg shite
 #8

You are right in your saying but We cannot deny this fact that most of users just enter into market because of these Memecoins.
Yes, but Elon Musk's pump and dump is not a positive thing for the market.

This can only come from a newbie  Grin
Stop laughing so dumb and learn some facts before buying a coin without underlying knowledge. Cheesy

1. For all those saying that Shiba inu was only shill on Youtube to get peoples attention, go to Youtube right now and search for your favourite altcoin, you will see many Youtubers shilling them, is there any coin or token that's not been mentioned on Youtube?.
It is still massively shilled on YouTube and even massively shilled on Twitter from Elon Musk. And it is a big problem because Shiba Inu is just hot air and hype. It will die quickly when all shills are letting it down.
Better get out ASAP to prevent a big loss and exchange Shiba Inu into real, useful coins, be it for innovative tech or store of value (Bitcoin). Shiba Inu is a very weak coin, dude!
Get real!

2. Some people will keep ranting till another bull market gets here, all they would ever do is fantasizing how cruel bear market can be, fear filled in their gut and by the time they wake up its 2024.
It is not rating, it is exposing Shiba Inu, a very weak shitcoin. Because over time, only valuable coins, where a good tech is implemented, will win. Shiba Inu can't offer good tech. It's a fact, dude.

This is the time for accumulation not making some.complains, before Shiba inu surge so high do you know how many people said it's a shit coin?
Of course it is shitcoin because its based on a very weak foundation. Bad rech and Elon Musk still comments, kekw.
Shiba Inu will cause huge loss and grief, dude.
It's not time for accumulation it is time for a very quick sell to prevent more loss.

This is a land of opportunity, learn to make money off them.
Shiba Inu is a land of big LOSS, learn to do a good research about coins, dude.

Those who are complaining are those who bought when the market is already take a new turn into bear market, they bought high and are now trapped for a long-term hold they aren't mentally prepared for.
OFC. Cheesy
Everyone who complains about shitcoins and warns people about the risks must have bought them during the ath. I would also like to have such a simple world view.
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August 22, 2022, 04:51:41 PM
 #9

Even dogecoin has no big tech at all but yeah Shiba Inu is a garbage and this topic has been discussed here many times but the person you should convince is not here but on social media like twitter because that’s the place where moonbois hangout. Most of the forum members already knew the danger of investing on meme coin. Elon musk and his minions is the one who keeps shilling this kind of tokens on poor investors.

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August 22, 2022, 04:55:46 PM
 #10

Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS
You can't stop the memers for buying this coin and it's their money so they're the ones to decide which is to buy and which is not. I don't bought this token.

It was too late to ride the hype.

But if it's still quite early, I wouldn't buy either because I don't believe into the coins like this. Well, those that have earned a lot, they have left this token already.

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August 22, 2022, 05:34:58 PM
 #11

Nicely said. I believe the same, this is not a long term HODL token. It's just massively hyped in social media and the billionaires who things they can manipulate everyone. It should be sold. Another strategy though is a very short term trading with this token. As long as there are people who believes in it's fake rise in the future, the movements will be pretty restless.
This ain't like BTC or Ethereum, there's nothing behind it. Take advantage of what it offers now and claim it as soon as possible.
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August 22, 2022, 05:46:27 PM
 #12

Many coins will lose massively value and we need to look very carefully which coins are likely to die.
Reason number one why coins are going to die is if a coin is simply a cheap copy of an existing coin.
Copied coins will die!
And reason number two why coins are going die is a lack of good tech.

If you see a coin now, where
- it is a copy
AND
- it is bad tech
Plz go IMMEDIATELY SELL such coins because such coins will die and you will get a massive LOSS.

One of such coins is Shiba Inu because it is a cheap copy from Dogecoin!
And longterm, it will be failed because it doesn't have innovative tech.
Shiba Inu coin is a very weak coin and it is just pushed by marketing and Elon Musk. Shiba Inu is just driven by hype and hot air, it is not justified and will fail very bad.

Very important: Shiba Inu has no value and should not be bought by anyone in their right mind / should be directly sold to prevent LOSS
I understand your point and there's a risk value failing in long term but this coin is a meme coin and it's value will depend on it's community. There are many copy cat coins in the market but guess what some coins are changing it's path to avoid being called as copy cat. I expect meme coins to be devaluate in long term but it isn't guaranteed. We can see the hot support from the community on bringing life to this coins and I can see many hardcore fans who are buying meme coins non-stop hoping for a greater profit in the future. As long as there is a demand, Even meme coins won't die. 
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August 22, 2022, 06:19:10 PM
 #13

I agree somehow with your statement but we can not deny that Shiba Inu has a huge community of holders if you compare it with top coins it also has a strong community So the investors take an interest to invest in Shiba and we all know due to hype many people make money from this market but we can say as long as people making money from Shiba they will keep investing in this.
There are two meme coins selections for investing in cryptocurrencies one is Shib coin and the other is Doge coin. Currently Shib Coin is in a very good position in terms of investment. Shib Coin developers are working on Metaverse and decentralized exchange. These will be reflected in the upcoming year 2025. When the value of this coin will increase more.

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August 22, 2022, 06:36:41 PM
 #14

That is one good piece of advice @OP but the thing is, investors are into "getting rich quick" scheme and they saw it on Shiba Inu.  So no matter how people tell that Shiba Inu is a worthless token and shouldn't be bought, investors won't listen and will continue to support Shiba Inu.  Since the altcoin market is driven by speculation, we often see worthless tokens getting pumped hard and this is what many investors are waiting for.

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August 22, 2022, 06:41:29 PM
 #15

Believe it or not, 90% of investors who invest in projects like shiba inu don't do it because of their utility, they invest because of the hype and the quick profit short term. Only the very naive investor will hodl such coins thinking it will grow bigger in future (except the dev of the project decide to create and expand utility for the coin to increase the value), otherwise, these type of project are for a very short term investment.

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August 22, 2022, 09:52:51 PM
 #16

Shiba investors are hoping for quick return, they are not for longtime except if it survived before the next bitcoin halving. Remember shiba already profited early investors who saw it wise to take the investment risk and they put in money and got it out in profit. So some other investors are waiting for that to repeat, they are hodling for such move to dump. If shiba will increase is going to be confirmed during the next halving.

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August 22, 2022, 10:56:08 PM
 #17

There'll be difference of opinion over Shiba investment. According to me it like an experiment in which one can spend what he can afford to lose. I'm sure it won't let you down, because it have reached good position from a place where it got its existence. From a memecoin to a position on top order isn't an easy thing. Maybe it doesn't have good usage, but the community is quite strong and keeps pushing the market.

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August 22, 2022, 11:11:57 PM
 #18

Shiba have a good potentials because when looking at it very well you will see that Shiba Inu is a good coin that it's potential is really been known and understand that's why is it's still have support. If i should buy altcoins i will buy Shiba inu
What’s good about SHIB aside from its hype? Though it has a value but I think we should not overhyped it because many are still trap on this token. There’s a potential if there’s a good usage for this token and it’s supply will be limited, but the case right now is too impossible to reach a new peak let’s just see of SHIB will still improve, for now I won’t buy this token again because I can’t see any good development with the meme tokens right now.

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August 22, 2022, 11:34:30 PM
 #19

I hope that i could bought this token at the end of 2020 and i could become a millionaire. I didn't even care what value in this token but as long as it can give decent money and why not? People are alway creating the hype. They didn't care about another aspects from the tokens.
In my opinion if that would be so difficult to change that mindset. People are only know that this is a way for them to make bunch of money.

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August 22, 2022, 11:45:07 PM
 #20

I hope that i could bought this token at the end of 2020 and i could become a millionaire. I didn't even care what value in this token but as long as it can give decent money and why not? People are alway creating the hype. They didn't care about another aspects from the tokens.
In my opinion if that would be so difficult to change that mindset. People are only know that this is a way for them to make bunch of money.
Regrets are quite common with cryptomarket. Even I had the similar experience. One of my friend who doesn't have any idea about cryptocurrency came to know about Shiba during those days and asked me, whether it is good to invest. I suggested it is just a memecoin being hyped. If I've invested I could've turned rich atleast. Here I've ruined my friends profit making opportunity.

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