CRYPTOCURRENCY
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO CRYPTOCURRENCY IN HERE (NON-BITCOIN).
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POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO CRYPTOCURRENCY IN HERE (NON-BITCOIN).
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The Flippening took place in recent days; it just wasn't the one people were expecting:
Will Shiba Inu stay ahead of Dogecoin, or will it fall back behind DOGE as usually happens when a crypto reaches an ATH? As a HODLer or STARBITS, I don't care!
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I have no idea and I don't have any positions in any of them so I don't care what happens. I personally think SHIBA will drop back down after the listing hype dies down.
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I don't own any SHIB, so it doesn't affect me either way. I expect SHIB to fall back only because that's what all cryptos do after reaching an ATH-- even Bitcoin and Ethereum. After a few bull-bear cycles we'll see if it's worth the hype.
--Not that we should buy because of hype: we know better. But after a few cycles we'll know if it's a fly-by-night shitcoin or a crypto with staying power.
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I am not a fan of shit coins. All this madness about Shiba Inu has not pushed me into investing in it. Shiba will certainly dip when the time comes.
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I'm not a fan of shitcoins either, but it's worth investing a little to hope for growth, just in case.
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Yea I am not a fan of coins without much utility either.
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No one is saying for you to spend money on SHIB. It's not for everyone (even if everyone can buy it). For those interested in it, it's a lottery ticket: if nothing happens, no big loss; if it moons, it can be the best thing to happen for people in at least 2 years. Even for people who spend money on SHIB, it doesn't mean they stop buying BTC, ETH, HIVE, RUNE, LUNA, etc.
Some people don't like buying shitcoins. Other people don't like buying overpriced coffee. At least people get a better ROI from SHIB than from overpriced coffee.
Shitcoins are totally useless. Shitcoins can also be transformed into useful assets people want. Look no further than Bitcoin for proof of that.
I'm not trying to change people's minds about SHIB (or even DOGE). I'm just trying to present points most people don't consider beyond the hype and nonsense surrounding these coins.
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Hail Hydra?
Also, Charles Hoskinson remains bullish on Cardano even in the face of FUD due to hacking incidents from the summer.
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Charles Hoskinson needs to understand that people are already getting tired of waiting for Cardano to live up to expectations. It is time to ensure that the project is doing as expected.
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The hacking incidents were bound to happen as they develop. I would rather watch what they do to prevent such things in the future.
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Shiba inu have not given me any reason to buy except from the prices. I'm not a fan of such coin but who knows I might decide to get some
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The only reason to buy any SHIB is its price. Just a few USD gets you a million SHIB. A shift of 3 decimal places in the price can lead to intergenerational wealth. People spend more money on lottery tickets; at least SHIB offers ROI.
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You are right, no risk no reward. I can risk couple of dollars and if I see some interest in it I will cash it out and invest it in a good projects
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A couple of dollars-- the price of a lottery ticket. That's all you really need to spend if that's what you want to do.
Should it work out and it moons as you have SHIB in your wallet, cash out to flip it for BTC, HIVE, or whatever crypto you truly care about; heck cash out and buy precious metals, precious gems, real estate, "artwork," or even candy corn.
It's speculation, not buy-and-hold.
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It is great to see the Indians embracing cryptocurrency to such a degree.
We need this to keep spreading throughout the world with many different countries starting to accumulate tokens.
People from all corners of the globe need to fill their bags.
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The people of India are doing this on their own. I was under the impression that the government was unsure or undecided about crypto.
(There's a better word for what I wanted to say, but it escapes me at the moment.)
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From what I have heard in the past from @amr008 or @finguru, the government is undecided. However it's nice to see that there aren't any large news articles highlighting the fact.
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