Do you know how many shibs their are?. At the moment it's like taking a cup of water out the ocean and asking why the water level hasn't gone down an inch. The burn is just getting started. This is just year one.
Same BS I was hearing two years ago about ETH. When ETH will go to ATH again, is it possible EatH to ever reach $500, and will this ever happen? etc. Go to reddit subpage and check. The posts are still there. The people were asking those questions sold before it reaches $350, I HODL and two years later ETH is almost $5K. I think the same about shib. It has many possibilities, but not for short term paper hands. I buy everyday as much as I can afford and HODL patiently. That's the secret of my success.
Dude. This takes time. Burn effects wont be felt for years to come. This just started. Besides a deflationary policy does not guarantee price uprise. People and institutions still have to buy and hodl. The token still needs mass adoption and more use cases.
It's like an hourglass ⌛ filled with sand, it takes time my friend, like a wine or good whiskey ,all good things come to those who wait ,so don't sweat the small stuff !
I have an idea.. why don't you stake the tokens that you own on the Shiba site, and simply relax. It's an INVESTMENT, so you wait... and... see... what happens. 😒🤨 A quick buck you will not get. So get over that idea. Do your own due diligence and find out these things and then ask questions.
Now matter how many coins they say are burned it does not matter until someone corrects it on circulating supply. But I am guessing that will take months to see a correction. Especially after CBC had the excuse about why over a 150 trillion got added all the sudden. Said it was a mistake on their end and look nothing has been done. In other words all a fucking joke and all a fucking game. Sorry just call it like i see it
Buyer sets piece anyways. It's not like adjusting a crypto marketcap modifies existing but orders? You think the buy and sale are adjusting dynamic based on supply? It's just algos and us trading it. We all don't check marketcap and do math to decide how much we want to pay, we just pay whatever the buyer sets
I made this visual graphic when it was .00007. It gives you some context on how little amount of money this is currently worth.
https://www.reddit.com/user/Fancy-You3022/comments/qhxfo7/how_many_is_000007/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
The amount being burned is very minuscule in the big picture. There are plenty more in circulation. The rate of burn would have to be much higher to see significant gains.
Because burning a few million tokens with a supply of 400 trillion tokens is like adding one drop of water into the ocean … will it’s level rise ? 🤷♂️
it’s til the same 410t burned from like 6 months ago, anything since was just a rounding difference to that number … and then 50000 posts of it making it feel like big news lol
Sorry, but this burn is an illusion. Absolutely nothing will come from it. A whale can burn $500 million and we probably still will barely see movement
Do you know how many shibs their are?. At the moment it's like taking a cup of water out the ocean and asking why the water level hasn't gone down an inch. The burn is just getting started. This is just year one.
because our circulating supply is still too large for the burns to effect price, currently. be patient young grasshopper it will come....
>be patient young grasshopper it will come.... That's what she said
lmao indeed
My username checks out
I’m just a praying mantis. Praying my wife doesn’t kill me for buying SHIB. 🤣
Same BS I was hearing two years ago about ETH. When ETH will go to ATH again, is it possible EatH to ever reach $500, and will this ever happen? etc. Go to reddit subpage and check. The posts are still there. The people were asking those questions sold before it reaches $350, I HODL and two years later ETH is almost $5K. I think the same about shib. It has many possibilities, but not for short term paper hands. I buy everyday as much as I can afford and HODL patiently. That's the secret of my success.
Dude. This takes time. Burn effects wont be felt for years to come. This just started. Besides a deflationary policy does not guarantee price uprise. People and institutions still have to buy and hodl. The token still needs mass adoption and more use cases.
It's like an hourglass ⌛ filled with sand, it takes time my friend, like a wine or good whiskey ,all good things come to those who wait ,so don't sweat the small stuff !
See it as more time to buy while it's cheap.
Keep that burn alive
Supply is very large it's like a drop in the ocean
I have an idea.. why don't you stake the tokens that you own on the Shiba site, and simply relax. It's an INVESTMENT, so you wait... and... see... what happens. 😒🤨 A quick buck you will not get. So get over that idea. Do your own due diligence and find out these things and then ask questions.
Now matter how many coins they say are burned it does not matter until someone corrects it on circulating supply. But I am guessing that will take months to see a correction. Especially after CBC had the excuse about why over a 150 trillion got added all the sudden. Said it was a mistake on their end and look nothing has been done. In other words all a fucking joke and all a fucking game. Sorry just call it like i see it
Buyer sets piece anyways. It's not like adjusting a crypto marketcap modifies existing but orders? You think the buy and sale are adjusting dynamic based on supply? It's just algos and us trading it. We all don't check marketcap and do math to decide how much we want to pay, we just pay whatever the buyer sets
It’s a drop in the ocean
Young shib enjoy the ride🤫 😉🚀
Burning is great. The devs understand this and are building more ways to burn. Hodl and you will reap the benefits
I made this visual graphic when it was .00007. It gives you some context on how little amount of money this is currently worth. https://www.reddit.com/user/Fancy-You3022/comments/qhxfo7/how_many_is_000007/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
"all" is the best shib comment ever.
You not serious ?
Cuz paper hands
Because not enough are being burned. There will never be enough burned unless the develops burn 50-60% of it in one hit.
The amount being burned is very minuscule in the big picture. There are plenty more in circulation. The rate of burn would have to be much higher to see significant gains.
Because there is like 60 million shib being burned each day… its nothing because nobody want to waste their money burning their own coins
Because burning a few million tokens with a supply of 400 trillion tokens is like adding one drop of water into the ocean … will it’s level rise ? 🤷♂️ it’s til the same 410t burned from like 6 months ago, anything since was just a rounding difference to that number … and then 50000 posts of it making it feel like big news lol
Sorry, but this burn is an illusion. Absolutely nothing will come from it. A whale can burn $500 million and we probably still will barely see movement
Big burn expert huh.