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Old Oct 27, 2021, 10:38 AM   #1
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switchAMG
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Who else dumped some dough into Shiba Inu awhile back?

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Old Oct 27, 2021, 10:49 AM   #2
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What is this?
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Old Oct 27, 2021, 10:50 AM   #3
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I put $425 in on October 6th (converted BTC), up over $1200 now.
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Old Oct 27, 2021, 10:57 AM   #4
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Wait, don't we already have a bitcoin thread?
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Old Oct 27, 2021, 11:12 AM   #5
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Ok now I know what it is.
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Old Oct 27, 2021, 11:45 AM   #6
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WCCF had an article saying it was going to over a penny or a huge increase in % terms which makes no sense imo. Market cap would be in the trillions. But Im sure it created a move to buy into it...
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Old Oct 27, 2021, 12:02 PM   #7
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Quote:
Originally Posted by pax View Post
WCCF had an article saying it was going to over a penny or a huge increase in % terms which makes no sense imo. Market cap would be in the trillions. But Im sure it created a move to buy into it...
I was reading something earlier today that said the only way it really could hit $0.01 even would be if they burned off a large portion of the 394T SHIB out there. They apparently are doing some burning but it's unorganized.
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Old Oct 27, 2021, 12:28 PM   #8
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Yea I have 150,000,000 shibbies that I bought awhile back that are growing by the minute. I used to think the road to a penny was impossible, doesn't feel that way anymore.
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Old Oct 27, 2021, 03:02 PM   #9
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I pulled my 19.5mil SHIB out at 0.00006911. Could have made another $200 if I waited for it to hit .000074, but don't feel like it's going to go much higher than this. We'll see, but I have a feeling the whales are looking at the exit. Still tripled my money.
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Old Oct 27, 2021, 03:06 PM   #10
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Quote:
Originally Posted by Elysian View Post
I pulled my 19.5mil SHIB out at 0.00006911. Could have made another $200 if I waited for it to hit .000074, but don't feel like it's going to go much higher than this. We'll see, but I have a feeling the whales are looking at the exit. Still tripled my money.
Paper hands

Nahh, I get ya -- what I put in, I am ok to lose -- I am letting it ride. I think (but wtf do I know) we got some money to make here -- only starting to get steam.
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Old Oct 27, 2021, 03:13 PM   #11
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Quote:
Originally Posted by switchAMG View Post
Paper hands

Nahh, I get ya -- what I put in, I am ok to lose -- I am letting it ride. I think (but wtf do I know) we got some money to make here -- only starting to get steam.
I doubled my money on GME and tripled on Shib, not feeling too bad at all I didn't even put any actual $ into SHIB, just converted BTC I got from my Nicehash mining.
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Old Oct 27, 2021, 03:52 PM   #12
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Quote:
Originally Posted by Elysian View Post
I doubled my money on GME and tripled on Shib, not feeling too bad at all I didn't even put any actual $ into SHIB, just converted BTC I got from my Nicehash mining.
Nice!

It is gambling.
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Old Oct 27, 2021, 03:58 PM   #13
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Got some Shibs months ago, bought some more and more and more lol
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Old Oct 27, 2021, 04:27 PM   #14
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Got some Shibs months ago, bought some more and more and more lol
you and me both.

Been a wild ride today.
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Old Oct 27, 2021, 05:39 PM   #15
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you and me both.

Been a wild ride today.
crazy stuff!
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Old Oct 28, 2021, 09:13 AM   #16
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Yesterday there were 394 trillion SHIB in circulation, today that number is 549 trillion. Explains a lot about why the value has basically stagnated overnight. It's a losing battle if they can't burn enough tokens.
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Old Oct 28, 2021, 11:19 AM   #17
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Quote:
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Yesterday there were 394 trillion SHIB in circulation, today that number is 549 trillion. Explains a lot about why the value has basically stagnated overnight. It's a losing battle if they can't burn enough tokens.
Hard to say, funny thing I just read: A crypto wallet shows an investor made an $8,000 shiba inu coin purchase last year. Today it is worth $5.7 billion.

If that whale dumps his load the pooch will be flatlined for a minute.
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Old Oct 28, 2021, 11:40 AM   #18
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Quote:
Originally Posted by switchAMG View Post
Hard to say, funny thing I just read: A crypto wallet shows an investor made an $8,000 shiba inu coin purchase last year. Today it is worth $5.7 billion.

If that whale dumps his load the pooch will be flatlined for a minute.
At the end of the day those are the people who will make $ off this whole thing while everyone else will be caught bagholding. That's why I've always set an exit strategy and followed it.
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Old Oct 28, 2021, 11:56 AM   #19
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apparently the extra 200 trillion was a glitch.
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Old Oct 28, 2021, 12:26 PM   #20
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Quote:
Originally Posted by Elysian View Post
At the end of the day those are the people who will make $ off this whole thing while everyone else will be caught bagholding. That's why I've always set an exit strategy and followed it.
I think its all perspective and timing -- you got in pretty late, made a couple hundred and peaced out. I am still up ~10k and unless the bottom completely falls out I am not holding a bag.
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Old Oct 28, 2021, 01:03 PM   #21
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Quote:
Originally Posted by switchAMG View Post
I think its all perspective and timing -- you got in pretty late, made a couple hundred and peaced out. I am still up ~10k and unless the bottom completely falls out I am not holding a bag.
Have to agree here with Shiba.

There are other cases where rug pulls etc causes people to lose money and the creators scamming people.
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Old Oct 28, 2021, 04:18 PM   #22
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Shibu dragging doge up 20% in one day... crazy market see if doge gets to 1$ then sell
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Old Oct 28, 2021, 04:44 PM   #23
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Quote:
Originally Posted by pax View Post
Shibu dragging doge up 20% in one day... crazy market see if doge gets to 1$ then sell
I wonder how many did that with bitcoin lol
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Old Oct 28, 2021, 05:30 PM   #24
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Old Oct 29, 2021, 12:14 PM   #25
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Squid coin up 2400% in past 24 hours.
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Old Oct 30, 2021, 04:06 AM   #26
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Ok, how the hell does one figure out which of the ten thousand worthless coins to put cash in, so that you get rich a year later? I've always been the schmuck that buys in when it's too late, and sells when it's too early.
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Old Oct 30, 2021, 05:15 AM   #27
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Ok, how the hell does one figure out which of the ten thousand worthless coins to put cash in, so that you get rich a year later? I've always been the schmuck that buys in when it's too late, and sells when it's too early.
You and me both.
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Old Oct 30, 2021, 10:28 PM   #28
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Ok, how the hell does one figure out which of the ten thousand worthless coins to put cash in, so that you get rich a year later? I've always been the schmuck that buys in when it's too late, and sells when it's too early.
Id say maybe Ripple. Im holding that one for ~5 years to see how it goes. It has some use for quicker banking transactions. Not that its a get rich quick one... Those are usually a 'get in on a new coin really early that got some lip service from some celeb' type of thing.

Many coins claim some use for something but usually not much.

I wouldnt put much money in this its a gamble no matter what you try.
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Old Oct 31, 2021, 06:04 PM   #29
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Do you guys use coinbase or something else?
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Old Oct 31, 2021, 06:33 PM   #30
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Do you guys use coinbase or something else?
I use Coinbase, it plays nicely with Nicehash, which is what I use on my mining rigs.
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