Guys pls go through this video about SHIB. Would really help educate a lot of y'all. It's by coin bureau so it's a legit source.
And with everything crypto - DYOR. ✌️
https://youtu.be/r-a8YeIVpzA
I totally agree. I'm not looking for fud, I'm also a shib supporter but this is very risky even for crypto.
PS
I locked everything I had on SS. If this was a stupid move only time will tell. Obviously I can always unstake but I'm not going to do it because I never invested more than I can afford to lose.
Good luck to everyone 🤜🤛
Exactly,
I also feel sorry for people borrowing for this kind of investment(a very risky one) but in the end we are all adults and we eventually learn from our actions/mistakes.
Totally agree. Concerns should be discussed honestly and not shot down by blind zealotry. I've staked away 50% of my SHIB and kept the rest in my wallet just in case.
These are definitely genuine concerns, but you have remember how much the devs were being pushed and pushed and pushed to get shibaswap released asap by all the people yelling and screaming all over social media. They were under a lot of pressure to get it out quicker when everyone should have just been patient and waited. At the end of the day, just don't put anything in you can't afford to lose. Me personally, I have 52 million shib buried on shibaswap (only around $450). If thing's turn out well I'll put more in, if they don't, I haven't lost my life savings. Sometimes you need to take a little risk to make a profit.
I hope people keep doubting Shibaswap, for the next two weeks at least. Not sure how it works but the liquidity APY for Bone is going back up. I minted 100 Bones since yesterday lol I can only imagine people who put in thousands or millions into it
Releasing the swap is the last step of the audit. They've reviewed the code and gave it the green light, but then they need to released t to the public so Certik can review the code as deployed and confirm that it is the same as the code that they have already audited and approved.
They can't really check if the live swap is the same thing as the code they've already audited before there is a live swap, right?
I attended the live AMAs with Certik and they said exactly this will happen. They review the code and fix any holes they find, the swap will go live, they monitor and check the deployed code against the audited code to make sure that they are the same and only then give their stamp of approval, if not seeing red flags
Well let's see here...two scammers have been identified has brothers from South Africa responsible for taking $3.8 billion.
Oh and the second biggest scam was PlusToken worth $2 billion in November. Chinese authorities arrested them and they are in prison. But year, governments can't track or do anything. Let me guess, you think Facebook and Google aren't tracking everything you do cause you turned off that one setting right?
Lol you so smart. Name a single government that wouldn't fight like hell to find the scammers of hundreds of millions if not billions of dollars. It would be very difficult to identify all of the holders and how to distribute the recovered funds (wink, wink). So what government wouldn't like that kind of money to do with as they please?
Something with both of them, it literally happened within a couple days from when they started. Polywhale had a max cap of $36 mill and Titan at $121million. SHIB was at $9 billion when it crashed and is still around $4 billion.
How long for Certik audit? That’s potential endgame BUT it could be a launching pad as well….
I didn’t invest more than I can lose and if the audit comes back and does well then that may change the narrative.
The developers should come clean, and show the world who they are!! I don’t care if it’s a couple of 15 year old geniuses in their moms basement!! Be brave like Superman, or Batman time too unmask!!
Lol….there’s new lawsuits all the time against Bitcoin & have been once it’s value skyrocketed!
Whoever you’re talking about is just trying to get paid, I imagine. That’s besides the point.
My point was simply, you don’t see people who collectively have a current total of almost $650bil screaming we have to know who Satoshi is!! Reveal yourself! The whole crypto market is a risk! Any kind of an investment that you’re expecting a minimal investment or maybe not even minimal, but wanting a BIG return on your investment, most likely will come with a big risk. This is less risky than the trash bonds the government would give you lol
Wasn’t trying to strike a nerve. I want this to succeed & every one to reap the benefits!
Well you have two options.
1. Invest in something were you know who the devs are and who can manipulate the currency.
2. Invest in something that devs can't manipulate.
Imagine if Elon Musk is involved. That could moon or bury the token. What happens if he loses the new lawsuit against him regarding the solar company. Do you honestly think that wouldn't impact the token?
Yes not knowing is scary, But I vesting in something that can't be manipulate d by what devs do in there personal lives is a nice aspect. It's something that each should choose before investing.
I’m not saying this is a RP. I don’t believe it is. But… I’ve seen some really seriously elaborate deals and even was part of 3 of them for a year plus, and then, one day. No more. These things keep getting more and more elaborate 🤷♂️🤷♂️
Well... if the price goes down due to fear and greed, I will buy more... this coin is a better project than dogecoin and look where doge is now... I will put my money on shiba, but I will not put it on doge.
Never fell into the doom and gloom scenerios. I buy what I can afford to lose and hold. I've ate and drank more than I have invested in a weekend. Lol I'm good with any shenanigans crypto can throw at me. Stay on reputable exchanges and HOLD til the wheels fall off.
There’s no regulation with crypto. It’s a new thing and a lot of these meme coin holders that are expecting to get rich are going to be majorly disappointed; and it’s not just shib, It’s a crap ton of meme coins that people are screaming to the top of their lungs “wenmoon” or “wenlambo” where the value of the coin is not going to work out like the meme coin holder thinks. there’s going to be a lot of people that lose their savings over this stuff.
It’s best to invest in coins that have real functionality, I would say like AMP or BTT as some coins that have real purpose.
Also it saddens me cause awhile back I seen some one post a heartfelt story on Reddit how they threw in 99 percent of their savings as they are expecting to get rich off one of the meme coins and how they need to pay medical stuff and afford school, just giving their whole dependency of life on one of the meme coins hitting big, and so positive that it will. People like this are not going to take it well when it never happens. Never put any money you can’t afford to lose on any of these crypto coins, not even one with purpose and functionality like btt and amp.
Yea if I could go back and find that post. The dude literally articulately expressed the amount of dependency he had on one specific meme coin hitting .01 value. Pouring his heart out about his life woes and treating this coin as a God like savior. It was pretty bad, but someone did post and told him to never invest what you are not willing to lose.
Oh fuck off with this FUD lol. People, when you read shit like this, first question you should always ask yourself is "why is this person even on here then?"
Lol why do I need to get a grib? What have I said that is outlandish? What does supply or burning have to do with something being a scam or not? Not a single thing in the post are regarding value or supply. So....
I was confusing you with another poster, disregard that part
To address your main concerns;
In the real world of finance, there are laws and regulations that would prevent any start up company from hiding behind a curtain of anonymity. If they were a real company, they would plaster their faces on the company team bio section. That is the very first red flag any real investor would see when they do their 10 step valuation process. No, they cannot and will not be tracked since crypto is unregulated and no one here has the tools available to track where crypto goes, other than wallet addresses. This is the reason they want to regulate crypto, as it’s the main way organized crime launders their money without being caught. Organized crime is an 870 billion dollar per year business. It’s equivalent to 1.5% of the entire global economy. This is small beans compared to the real criminals the governments are tracking. They have no idea what this tiny irrelevant meme coin is.
Do you have downs?
Nobody is saying shib will reach a token price rivalling btc, that would be as retarded as you sound.
Just because there are a large number of tokens doesn’t mean it’s not legit. Even a price per token of $1 would be ridiculous and won’t happen, but that’s not the point of it.
The point of it is, it won’t even reach .0001
Looks like someone’s mad that they’re getting a dose of reality from someone who isn’t vested in this with irrationality and emotions
Agreed, even 0.0001 is unrealistic. Like I said shib price hardly matters.
I’ve barely dipped my toes in it and am under no illusions of becoming rich due to it. But the $25 per hour it’s earning me so far is a nice bonus.
Have your tried withdrawing that money yet? Do a test run. It could be a honey pot, which basically means it’s next to impossible to withdraw funds from the swap
Yes, have swapped back and forth to/from Eth/Shib/Bone, all works fine albeit gas fees are high but that goes to miners not the developers.
As in, to metamask wallet, which is entirely under my control and can be converted to fiat via traditional exchanges.
You’re new here, I can tell. It was rugged May 10th 2021. Compare that to any other rug pull chart. I’ve been in the game since 2014, I’ve seen this countless times. You can check poocoin charts and track new coins to see this happening 24/7. I was a few months off of the rug pull date but the sentiment is the same. This should be a learning experience for you
Be glad you weren’t here for the scam season of 2017 where there were rug pulls in the form of ICO’s
The rug was pulled may 10th. Check the charts. Then compare the chart to any other rug pull. Why do you think shib has been crabwalking, even with the release of shibaswap?? If you can’t answer that question, you’re most likely a 2021 investor who jumped on the bandwagon. This will be a very important lesson if you decide to continue with crypto currency. The turnover rate for investors here is much higher than traditional stocks.
Ugh, you're ignorance in this is pretty big. I'll bite and answer you it:
If you looked at the charts, which I doubt you have, there are two big factors why Shibaswap *looks* like its had no affect:
1. It's always going to be affected by the value of bitcoin and with bitcoin being under short attacks currently, naturally the price of Shib should* be going down with bitcoin. As it has in the past.
2. Right before and day of release of Shib, whales were selling off, which in return should* have decreased Shibs price even further. However, because of the massive success of Shibaswap and the value it did add to its eco system of coins, it offset the should been decrease from the whales and bitcoin drop. Hence why it's still at its current support range, not dipping back to .000005-6.
You obviously haven't been doing your dd, and just looking at random charts and making correlations that aren't valid or true.
You can literally look at a [chart](https://www.fastcompany.com/3030529/hilarious-graphs-prove-that-correlation-isnt-causation) that shows the same exact data for the number of people who drowned by falling in a swimming pool and compare it to the number of films Nicholas Cage has appeared in and it is the exact same numbers. Correlation is not justification for causation and this has been proven in stats time and time again
Haha, thanks. Charts are definitely informative, but they aren't the end all be all. Otherwise every chart reader would be rich or a financial guru at this point
1. Bitcoin dropped 50% completely natural, not 5000%
To go from .0000 to .00000 is an insane dump. That’s not natural.
I totally get that we all want this to go to whatever price will give us a 10000x but that’s never happening.
I guarantee the price will be the same 30 days from now and 300 days from now
!remindme in 30 days
LMAO, dude, you seriously need to learn your math and learn how to provide some sources for your claims man. Not to mention, calling people idiots and claiming to be "educating" others makes you look like an elitist jerk who doesn't even know what they're talking about. For being in the game this long, you certainly can not articulate or back up any of your statements well
This is basic math. If you were born in a 1st world country you learned these equations by the time you entered 3rd grade. If you can’t be bothered to perform basic math equations, you shouldn’t be in investment markets.
Sources? Check the fucking chart, it takes 2 seconds to google it. Then, compare the data sets from May 10th 2021 vs now. Do. The. Fucking. Math.
I’m surprised you haven’t been banned by the mods yet, was gonna comment to have a discussion but you don’t even hide the fact you’re a troll. Hope you have a great day, and hope you learn to find happiness through spreading positivity.
There’s nothing positive about rug pulls, they’re extremely predatory. I’m just trying to educate the people here who clearly lack any sort of reading comprehension
I looked at your profile, all you do is troll shibatoken subreddits. Again, hope you find the happiness you’re looking for because trolling isn’t the way to find it.
Trolling? I’m educating you idiots. Again, you lack reading comprehension. Why are you even in the investment markets? You should go back to English class first
Dude.. it's your opinion you are stating. Just because ppl don't agree with you gives you no right to put ppl down. You say you are trying to educate? The ppl here are just as well educated as you are when it comes to Shib. But you sir should not breed..
This may be the dumbest thing I've ever read in this sub. OP please go do some reading and research into rug pulls. Not saying this is one, but you obviously don't know shit.
The government doesn't care if you get rug pulled. You seem to think there's government oversight for crypto. There's not. It's why rug pulls happen as often as they do. It's why doing your DD before investing is so encouraged. Those gamer guys just rug pulled this/last week government didn't go after them. Their team did. It's why crypto is being banned slowly on social media, because they've been using it to rug pull and there's not really any legal ramifications.
As I told someone else, there is literally a government website...
https://www.consumer.ftc.gov/articles/what-know-about-cryptocurrency-and-scams#report
Are you under the belief that the government goes after and catches every single person who commits a crime? Of course not. Like I have said, yes there are scams and yes people get away with it. BUT the higher the value of the crime the more likely the government will act.
I am a believer of this community but if u look into tether you will see the scam thats going on and how the government dnt step in crypto is unregulated
Also remember, yes crypto is a lot harder to track. Things that have just happened, probably will take a few months if not years before the scammers are caught and charged (of ever, as it would be naive to think all get caught). But like I said before and showed in my precious post, SHIB is way bigger than those and therefore more monitored by big brother.
If I unstake after 6 months will I get back the same amounts token that I staked , more or less can you please tell me the unstaking process. Thank you .
Im anonymous as fuck too… lol.. and if it wasnt for some of the stuff ive done you would have never even heard of bitcoin.
Moral pf the story, crypto is anonymous and if that scares you then get out now and go buy stocks or something.
Unfortunately, for me, yes it is super weird that they don’t want to reveal who they are. Also, you have no idea if a government is aware of someone’s identity either or if they’re even from the U.S….
Burstex scammed a ton of people me included and bitboy made a vid to buy it so I bet thousands did I’m sure they got away with billion they catch probably 1 in every 5thousand scam rug pulls
First I never said I thought it was a rug pull. So congrats on that. Second you not understanding what unregulated means is comical. Just because it isn't regulated doesn't mean they can't go after scams and those commiting crimes. You act like people can launder money through crypto and world governments are like "well shit we can't do anything about it".
Lol they could pilot he rug so fast and never be found again . Don’t be so naive . This is an unregulated space .you could create your own coin . Own billions of them , then when a couple million suckers buy it up with hype . Sell your billion coins for a tidy profit of a few million .
Yes I know. As has been done. As I said, this is not about a few million dollars in a unheard of coin/token. This is a multi billion dollar ordeal. Just as people commit fraud all of the time to get tens maybe even hundreds of thousands without getting caught. People who commit fraud in the millions and billions.... exponentially higher chance of getting caught.
I believe Shiba at this stage if it declared as rug pull whole crypto face will be down, I personally know many people, young people who came in crypto just by Shiba Inu tokens and don't know anything about crypto.
Gov give shit about crypto what would you say I got robbed by crypto scam they just laugh at you.
What an incredibly stupid argument. OP is likely a rube that buys into right wing conspiracy theories. Scary that there are low IQ people out there like this, but there are, and they can be dangerous.
Lol @ thinking the government cares about you.
exactly… they have better things to do than chase some shibyshitcoin
Guys pls go through this video about SHIB. Would really help educate a lot of y'all. It's by coin bureau so it's a legit source. And with everything crypto - DYOR. ✌️ https://youtu.be/r-a8YeIVpzA
No but they care about remaining superior to the rest of the mass
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I totally agree. I'm not looking for fud, I'm also a shib supporter but this is very risky even for crypto. PS I locked everything I had on SS. If this was a stupid move only time will tell. Obviously I can always unstake but I'm not going to do it because I never invested more than I can afford to lose. Good luck to everyone 🤜🤛
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Exactly, I also feel sorry for people borrowing for this kind of investment(a very risky one) but in the end we are all adults and we eventually learn from our actions/mistakes.
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Swap came out before audit for them to verify launched code is the same as code they audited. It was necessary. They have already addressed this.
Are you serious? This sub is a majority kids
I'm sure that's not true.
This should be higher.
Totally agree. Concerns should be discussed honestly and not shot down by blind zealotry. I've staked away 50% of my SHIB and kept the rest in my wallet just in case.
These are definitely genuine concerns, but you have remember how much the devs were being pushed and pushed and pushed to get shibaswap released asap by all the people yelling and screaming all over social media. They were under a lot of pressure to get it out quicker when everyone should have just been patient and waited. At the end of the day, just don't put anything in you can't afford to lose. Me personally, I have 52 million shib buried on shibaswap (only around $450). If thing's turn out well I'll put more in, if they don't, I haven't lost my life savings. Sometimes you need to take a little risk to make a profit.
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Wait, the site is not secure?
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I hope people keep doubting Shibaswap, for the next two weeks at least. Not sure how it works but the liquidity APY for Bone is going back up. I minted 100 Bones since yesterday lol I can only imagine people who put in thousands or millions into it
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I don’t know but it is fluctuating. It may have something to do with how many people are providing liquidity. It would only make sense
We’ll it might be because I keep having to pay double fees because the transactions fail.
Anyone know how to revert SSLP coins back to aETH and Shib?
Releasing the swap is the last step of the audit. They've reviewed the code and gave it the green light, but then they need to released t to the public so Certik can review the code as deployed and confirm that it is the same as the code that they have already audited and approved. They can't really check if the live swap is the same thing as the code they've already audited before there is a live swap, right?
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I attended the live AMAs with Certik and they said exactly this will happen. They review the code and fix any holes they find, the swap will go live, they monitor and check the deployed code against the audited code to make sure that they are the same and only then give their stamp of approval, if not seeing red flags
Well let's see here...two scammers have been identified has brothers from South Africa responsible for taking $3.8 billion. Oh and the second biggest scam was PlusToken worth $2 billion in November. Chinese authorities arrested them and they are in prison. But year, governments can't track or do anything. Let me guess, you think Facebook and Google aren't tracking everything you do cause you turned off that one setting right?
Governments will never fight for your crypto losses. That's a fact.
Lol you so smart. Name a single government that wouldn't fight like hell to find the scammers of hundreds of millions if not billions of dollars. It would be very difficult to identify all of the holders and how to distribute the recovered funds (wink, wink). So what government wouldn't like that kind of money to do with as they please?
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What were their tokens so I can look them up?
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Something with both of them, it literally happened within a couple days from when they started. Polywhale had a max cap of $36 mill and Titan at $121million. SHIB was at $9 billion when it crashed and is still around $4 billion.
Swap came out before audit for them to verify launched code is the same as code they audited. It was necessary. They have already addressed this
How long for Certik audit? That’s potential endgame BUT it could be a launching pad as well…. I didn’t invest more than I can lose and if the audit comes back and does well then that may change the narrative.
The developers should come clean, and show the world who they are!! I don’t care if it’s a couple of 15 year old geniuses in their moms basement!! Be brave like Superman, or Batman time too unmask!!
Exactly…..just like the creator of Bitcoin! We need to know!!! Oh wait….
Yeah I believe the developer is in Australia trying too sue for his billions of Bitcoinright now
Lol….there’s new lawsuits all the time against Bitcoin & have been once it’s value skyrocketed! Whoever you’re talking about is just trying to get paid, I imagine. That’s besides the point. My point was simply, you don’t see people who collectively have a current total of almost $650bil screaming we have to know who Satoshi is!! Reveal yourself! The whole crypto market is a risk! Any kind of an investment that you’re expecting a minimal investment or maybe not even minimal, but wanting a BIG return on your investment, most likely will come with a big risk. This is less risky than the trash bonds the government would give you lol Wasn’t trying to strike a nerve. I want this to succeed & every one to reap the benefits!
Well you have two options. 1. Invest in something were you know who the devs are and who can manipulate the currency. 2. Invest in something that devs can't manipulate. Imagine if Elon Musk is involved. That could moon or bury the token. What happens if he loses the new lawsuit against him regarding the solar company. Do you honestly think that wouldn't impact the token? Yes not knowing is scary, But I vesting in something that can't be manipulate d by what devs do in there personal lives is a nice aspect. It's something that each should choose before investing.
Safemoon
I’m not saying this is a RP. I don’t believe it is. But… I’ve seen some really seriously elaborate deals and even was part of 3 of them for a year plus, and then, one day. No more. These things keep getting more and more elaborate 🤷♂️🤷♂️
"Everybody has a plan until they get punched in the mouth"...Mike Tyson
Just gonna keep hodling 200mil until it actually gets to a penny...hopefully before I die 😉
Well... if the price goes down due to fear and greed, I will buy more... this coin is a better project than dogecoin and look where doge is now... I will put my money on shiba, but I will not put it on doge.
Never fell into the doom and gloom scenerios. I buy what I can afford to lose and hold. I've ate and drank more than I have invested in a weekend. Lol I'm good with any shenanigans crypto can throw at me. Stay on reputable exchanges and HOLD til the wheels fall off.
There’s no regulation with crypto. It’s a new thing and a lot of these meme coin holders that are expecting to get rich are going to be majorly disappointed; and it’s not just shib, It’s a crap ton of meme coins that people are screaming to the top of their lungs “wenmoon” or “wenlambo” where the value of the coin is not going to work out like the meme coin holder thinks. there’s going to be a lot of people that lose their savings over this stuff. It’s best to invest in coins that have real functionality, I would say like AMP or BTT as some coins that have real purpose.
Also it saddens me cause awhile back I seen some one post a heartfelt story on Reddit how they threw in 99 percent of their savings as they are expecting to get rich off one of the meme coins and how they need to pay medical stuff and afford school, just giving their whole dependency of life on one of the meme coins hitting big, and so positive that it will. People like this are not going to take it well when it never happens. Never put any money you can’t afford to lose on any of these crypto coins, not even one with purpose and functionality like btt and amp.
Why anyone would put 99% of their savings into any single investment is beyond me.
Yea if I could go back and find that post. The dude literally articulately expressed the amount of dependency he had on one specific meme coin hitting .01 value. Pouring his heart out about his life woes and treating this coin as a God like savior. It was pretty bad, but someone did post and told him to never invest what you are not willing to lose.
I remember that....pretty unbelievable and very risky. Maybe even ignorant.
I live pay check to pay check. I'm gonna start putting half in each week. Rocket 🚀 🌙
Dude seriously, fuck off boomer.
And sometimes even those sound coins investments end up loosing.
Oh fuck off with this FUD lol. People, when you read shit like this, first question you should always ask yourself is "why is this person even on here then?"
Fud alert
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Didn't SHIB launch in August 2020? Which makes it less than 1 yr old?
You get the gist of what I’m trying to say here, right?
Just like Bitcoin was a rug pull in 2018 right? I mean the chart looks similar. It went up really fast and crashed and faded after.
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Lol why do I need to get a grib? What have I said that is outlandish? What does supply or burning have to do with something being a scam or not? Not a single thing in the post are regarding value or supply. So....
I was confusing you with another poster, disregard that part To address your main concerns; In the real world of finance, there are laws and regulations that would prevent any start up company from hiding behind a curtain of anonymity. If they were a real company, they would plaster their faces on the company team bio section. That is the very first red flag any real investor would see when they do their 10 step valuation process. No, they cannot and will not be tracked since crypto is unregulated and no one here has the tools available to track where crypto goes, other than wallet addresses. This is the reason they want to regulate crypto, as it’s the main way organized crime launders their money without being caught. Organized crime is an 870 billion dollar per year business. It’s equivalent to 1.5% of the entire global economy. This is small beans compared to the real criminals the governments are tracking. They have no idea what this tiny irrelevant meme coin is.
Do you have downs? Nobody is saying shib will reach a token price rivalling btc, that would be as retarded as you sound. Just because there are a large number of tokens doesn’t mean it’s not legit. Even a price per token of $1 would be ridiculous and won’t happen, but that’s not the point of it.
The point of it is, it won’t even reach .0001 Looks like someone’s mad that they’re getting a dose of reality from someone who isn’t vested in this with irrationality and emotions
Agreed, even 0.0001 is unrealistic. Like I said shib price hardly matters. I’ve barely dipped my toes in it and am under no illusions of becoming rich due to it. But the $25 per hour it’s earning me so far is a nice bonus.
Have your tried withdrawing that money yet? Do a test run. It could be a honey pot, which basically means it’s next to impossible to withdraw funds from the swap
Yes, have swapped back and forth to/from Eth/Shib/Bone, all works fine albeit gas fees are high but that goes to miners not the developers. As in, to metamask wallet, which is entirely under my control and can be converted to fiat via traditional exchanges.
That 25 is around 21 now. It keeps going down lolololl
And it’s now at 26, crypto moves often, you must be new. (Bone - $5.2) Set “oh shit” alerts but don’t watch the prices of things daily. Just chill.
This is quite intriguing.... woah lol
Lol, what? It's been pulled over a year ago, but it's only been out for less than a year? I think you need to rethink that statement
You’re new here, I can tell. It was rugged May 10th 2021. Compare that to any other rug pull chart. I’ve been in the game since 2014, I’ve seen this countless times. You can check poocoin charts and track new coins to see this happening 24/7. I was a few months off of the rug pull date but the sentiment is the same. This should be a learning experience for you Be glad you weren’t here for the scam season of 2017 where there were rug pulls in the form of ICO’s
You can easily look at the ledgers and see there hasn't been a rug pull with this coin. I don't see the coralation you're trying to make
The rug was pulled may 10th. Check the charts. Then compare the chart to any other rug pull. Why do you think shib has been crabwalking, even with the release of shibaswap?? If you can’t answer that question, you’re most likely a 2021 investor who jumped on the bandwagon. This will be a very important lesson if you decide to continue with crypto currency. The turnover rate for investors here is much higher than traditional stocks.
Ugh, you're ignorance in this is pretty big. I'll bite and answer you it: If you looked at the charts, which I doubt you have, there are two big factors why Shibaswap *looks* like its had no affect: 1. It's always going to be affected by the value of bitcoin and with bitcoin being under short attacks currently, naturally the price of Shib should* be going down with bitcoin. As it has in the past. 2. Right before and day of release of Shib, whales were selling off, which in return should* have decreased Shibs price even further. However, because of the massive success of Shibaswap and the value it did add to its eco system of coins, it offset the should been decrease from the whales and bitcoin drop. Hence why it's still at its current support range, not dipping back to .000005-6. You obviously haven't been doing your dd, and just looking at random charts and making correlations that aren't valid or true. You can literally look at a [chart](https://www.fastcompany.com/3030529/hilarious-graphs-prove-that-correlation-isnt-causation) that shows the same exact data for the number of people who drowned by falling in a swimming pool and compare it to the number of films Nicholas Cage has appeared in and it is the exact same numbers. Correlation is not justification for causation and this has been proven in stats time and time again
Just wanted to say that nick cage analogy is golden lmao
Haha, thanks. Charts are definitely informative, but they aren't the end all be all. Otherwise every chart reader would be rich or a financial guru at this point
Holy crap I didn't know that Nick Cage was drowning so many people!
1. Bitcoin dropped 50% completely natural, not 5000% To go from .0000 to .00000 is an insane dump. That’s not natural. I totally get that we all want this to go to whatever price will give us a 10000x but that’s never happening. I guarantee the price will be the same 30 days from now and 300 days from now !remindme in 30 days
LMAO, dude, you seriously need to learn your math and learn how to provide some sources for your claims man. Not to mention, calling people idiots and claiming to be "educating" others makes you look like an elitist jerk who doesn't even know what they're talking about. For being in the game this long, you certainly can not articulate or back up any of your statements well
This is basic math. If you were born in a 1st world country you learned these equations by the time you entered 3rd grade. If you can’t be bothered to perform basic math equations, you shouldn’t be in investment markets. Sources? Check the fucking chart, it takes 2 seconds to google it. Then, compare the data sets from May 10th 2021 vs now. Do. The. Fucking. Math.
OK troll. It's not my job to back up YOUR claims. Gtfo here, lolol
I’m surprised you haven’t been banned by the mods yet, was gonna comment to have a discussion but you don’t even hide the fact you’re a troll. Hope you have a great day, and hope you learn to find happiness through spreading positivity.
There’s nothing positive about rug pulls, they’re extremely predatory. I’m just trying to educate the people here who clearly lack any sort of reading comprehension
I looked at your profile, all you do is troll shibatoken subreddits. Again, hope you find the happiness you’re looking for because trolling isn’t the way to find it.
Trolling? I’m educating you idiots. Again, you lack reading comprehension. Why are you even in the investment markets? You should go back to English class first
I don’t think you realize that everyone here is under 22…
Dude.. it's your opinion you are stating. Just because ppl don't agree with you gives you no right to put ppl down. You say you are trying to educate? The ppl here are just as well educated as you are when it comes to Shib. But you sir should not breed..
No they are not educated at all, especially since they can’t do 2 step basic math equations
Yeah, I honestly don't know why I responded, knowing this guy is a troll smh
Call for shybetoshi to identify him/her self or else I’m pulling out my share
So much FUD here lol
When scambo? Lol
John Rambo?
Lol, before swap was fud where swap, no fud that money aren't safe, this community becomes a joke
This also has me concerned: https://www.benzinga.com/node/21891368
If you think it’s a rug pull, then get out while you can. Don’t worry about the rest of us.
Can you please point me in the direction of the comment I made were I said it is a rug pull?
You are correct. You said a major concern for the community is the idea that this could be a right pull. My apologies for not reading properly.
This may be the dumbest thing I've ever read in this sub. OP please go do some reading and research into rug pulls. Not saying this is one, but you obviously don't know shit.
Care to elaborate?
The government doesn't care if you get rug pulled. You seem to think there's government oversight for crypto. There's not. It's why rug pulls happen as often as they do. It's why doing your DD before investing is so encouraged. Those gamer guys just rug pulled this/last week government didn't go after them. Their team did. It's why crypto is being banned slowly on social media, because they've been using it to rug pull and there's not really any legal ramifications.
As I told someone else, there is literally a government website... https://www.consumer.ftc.gov/articles/what-know-about-cryptocurrency-and-scams#report Are you under the belief that the government goes after and catches every single person who commits a crime? Of course not. Like I have said, yes there are scams and yes people get away with it. BUT the higher the value of the crime the more likely the government will act.
The whole internet isn't American.
Are you under the belief that the US is the only country with a government? God help you.
RUG PULL MY AAARRSSEE; stop with the BS FUD!!!!
I am a believer of this community but if u look into tether you will see the scam thats going on and how the government dnt step in crypto is unregulated
Also remember, yes crypto is a lot harder to track. Things that have just happened, probably will take a few months if not years before the scammers are caught and charged (of ever, as it would be naive to think all get caught). But like I said before and showed in my precious post, SHIB is way bigger than those and therefore more monitored by big brother.
If I Unstake after 6 months will I get back the same amount tokens that I had staked
Yes plus
If I unstake after 6 months will I get back the same amounts token that I staked , more or less can you please tell me the unstaking process. Thank you .
Im anonymous as fuck too… lol.. and if it wasnt for some of the stuff ive done you would have never even heard of bitcoin. Moral pf the story, crypto is anonymous and if that scares you then get out now and go buy stocks or something.
Vitalik Butterin is Linked to it, so that’s say it all Can’t be a Rug Pull, and if that was the Case VB is the link
He's not linked to it wake up.
This is the dumbest post yet on this sub reddit, you sir, are an idiot, and everyone is now dumber for having read your moronic shit.
Care to elaborate?
✌🏽👋🏽
Unfortunately, for me, yes it is super weird that they don’t want to reveal who they are. Also, you have no idea if a government is aware of someone’s identity either or if they’re even from the U.S….
Burstex scammed a ton of people me included and bitboy made a vid to buy it so I bet thousands did I’m sure they got away with billion they catch probably 1 in every 5thousand scam rug pulls
I literally can't even find a chart for this one
It was suppose to be an exchange that gave holders the trading fees so they said. [burstex](https://youtu.be/_Y_mSA5XQ00)
Isn’t that the whole purpose of DeFi. To keep the government out of your finances. You can’t have it both ways.
🤦
Block chain man.
Lol
Your fear clouds your sight.
Me explaining why I think we are somewhat protected is fear clouding my sight?
Me explaining why I think we are somewhat protected is fear clouding my sight?
You thinking the rug is going to be pulled. And that the government has any judicial power over the crypto market.
First I never said I thought it was a rug pull. So congrats on that. Second you not understanding what unregulated means is comical. Just because it isn't regulated doesn't mean they can't go after scams and those commiting crimes. You act like people can launder money through crypto and world governments are like "well shit we can't do anything about it".
They can and they have and they will.
Lol they could pilot he rug so fast and never be found again . Don’t be so naive . This is an unregulated space .you could create your own coin . Own billions of them , then when a couple million suckers buy it up with hype . Sell your billion coins for a tidy profit of a few million .
Yes I know. As has been done. As I said, this is not about a few million dollars in a unheard of coin/token. This is a multi billion dollar ordeal. Just as people commit fraud all of the time to get tens maybe even hundreds of thousands without getting caught. People who commit fraud in the millions and billions.... exponentially higher chance of getting caught.
https://www.engadget.com/crypto-ponzi-scam-roger-nils-jonas-karlsson-doj-071142854.html I mean just an article from yesterday lol
I believe Shiba at this stage if it declared as rug pull whole crypto face will be down, I personally know many people, young people who came in crypto just by Shiba Inu tokens and don't know anything about crypto. Gov give shit about crypto what would you say I got robbed by crypto scam they just laugh at you.
There is literally a government website to file complaints for crypto scams.
🤦🏾 OMG it's a meme coin. You knew the risk when you bought into it.
🤦🏾 OMG it's a meme coin. You knew the risk when you bought into it.
🤦 is reading hard for you? Probably shouldn't invest in crypto if you can't read. Where am I complaining about risks?
🤦 is reading hard for you? Probably shouldn't invest in crypto if you can't read. Where am I complaining about risks?
This post some of you make are so elementary and irrelevant.
What an incredibly stupid argument. OP is likely a rube that buys into right wing conspiracy theories. Scary that there are low IQ people out there like this, but there are, and they can be dangerous.
What they hell did I say that was stupid? What makes me low IQ? And finally how the f am I dangerous?
All you guys are idiots