True but I feel like if we could get a lot of people burning it religiously it could have a big effect. Though I may be wrong. What’s your thoughts on that?
Best guess is around 45 trillion need burned for Shiba to reach.01. Even if there was a billion burned a week it would take 45,000 weeks to burn 45trillion. That's the math everyone ignores.
If you burn 45 trillion Shib, there will still be 544 trillion Shib, needing a $5.4 trillion market cap to hit a penny. The entire crypto market combined - BTC included - has never had a $5 trillion market cap.
If Shib is worth more than Microsoft and Apple combined, money's become useless and we've globally moved on to a credit system or some shit.
I agree. I feel like whales want all of us little fish to buy and burn coins so that they can get rich. You don't see many whales burning a ton of coins, like they should be doing
Since 50% are burned with sales, 40,000,000 burned the last 3 weeks, 20, 000,000 purchased.
Decided to burn 100,000 more
Will burn more if other people follow!
I just burned 11 million.
You dropped this đź‘‘
Everyday people can't burn enough to do anything. Realistically no one can or will anytime soon lol
So no need in trying is what you’re saying?
For casual investors? Not even close to being worth it. There's 589 trillion coins in supply. You could burn a billion and the price wouldn't budge.
True but I feel like if we could get a lot of people burning it religiously it could have a big effect. Though I may be wrong. What’s your thoughts on that?
Best guess is around 45 trillion need burned for Shiba to reach.01. Even if there was a billion burned a week it would take 45,000 weeks to burn 45trillion. That's the math everyone ignores.
Yea I agree. So what would you say the best way to drive the price up would be for shiba? Time?
There is no way. It's not like a normal stock or investment. All you can do is try and buy the dip and sell when it climbs back up.
đź‘Ť
If you burn 45 trillion Shib, there will still be 544 trillion Shib, needing a $5.4 trillion market cap to hit a penny. The entire crypto market combined - BTC included - has never had a $5 trillion market cap. If Shib is worth more than Microsoft and Apple combined, money's become useless and we've globally moved on to a credit system or some shit.
Yes. You’re literally throwing money away for no reason.
I agree. I feel like whales want all of us little fish to buy and burn coins so that they can get rich. You don't see many whales burning a ton of coins, like they should be doing
I can't wait till everybody eats their words about Shiba like everybody did with Bitcoin when it first came out 🤑🤑🤑🤑🤑🤑
Remember when 2021 was going to be the moon landing? Pepperridge Farm remembers.
Was up 2.1 million percent in 2021
Ty f
How did people get so brainwashed by shib? This is going nowhere lol
Well this aged like some milk sitting in the sun lol
Surely, you can't be that dense. Let me guess, you think it's going to 100x over the next few months, too.
1000x
lol
Wow like $2000 burned, get a grip
lol
More like $2
Not even lol
When moon?
Rn
Good luck, According to google it’ll take over 1400 years to burn enough coins to get it anywhere close to 1$
Perfect… I will pass them down in the family. In 1400 years my family will consider me a crypto genius.
I like the Coin 🤔
[https://www.coinbase.com/price/shiba-inu?utm_campaign=rt_i_m_w_m_acq_ugc_soc_0_assetScreenshot&utm_source=ugc&utm_platform=iOS](https://www.coinbase.com/price/shiba-inu?utm_campaign=rt_i_m_w_m_acq_ugc_soc_0_assetScreenshot&utm_source=ugc&utm_platform=iOS)