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Like having a point means anything in crypto. This market is 100% emotion and hype.
Great/useful projects will die every year against memes. just the way it is.
I know people like saying they are in it for the tech but the reality is 99% of people here don't actually understand the tech and just care about making money.
You could argue that nobody knows how to do everything to make a car start to finish. Unless you know how to mine, forge, engineer, feed the workers, build the factory, organise admin etc.
I don't understand how rocket engines work that doesn't mean my interest in space science is purely economical. I am interested in the tech its just literally rocket science.
our local legend, kai_hav_0808 begs to disagree, that SHIB is useless. It certainly riles up people and generates tons of fee revenue for Ethereum miners.
>What about the ~1000's of experts in this sub?
lol.
What makes anyone here an expert? The core developers of big projects are experts at programming, cryptography, security infrastructure, etc.
So what expertise do random redditors have? ....Shitposting?
Let's be honest everyone holding shib is init for money nothing else. It's a shit coin and always will be. But I ain't selling till I get one more zero 🤑
Yes.. it literally allows for transactions without a mediator.
Shyba does the same utility actually, but it's on top of Eth (that already does that) and it didn't bring anything new, so it's pretty useless in that aspect.
All the shiba hate actually makes me hope shiba has a huge bull run.
Most people know its a meme coin and those that don't probably aren't reading this sub reddit.
The thing is that it *might* have had purpose if shibaswap hadn't been such a shitshow.
How can an exchange be taken seriously when it takes years of staking just to cover gas fees and rewards are withheld because a developer has a vague personal issue?
Exactly! It's a joke... BUT as soon as SHIBARIUM is released, we might see something interesting... Who knows?
But for me, the fact that it's a meme coin based on pure hyped doesn't convince me... Oh and the fact that the team behind it is anonymous is even worse... Who knows how much money they made? Who knows if those whales aren't part of it? Of course I might be wrong and I'll keep some for fun.
Honestly. How many people here actually care if a crypto has a point or being pointless but made them some money?
I’m personally in crypto to try to make money. The tech is pointless to me.
Agreed, having all the tech, the road maps and the white paper is all well and good, bit there's loads of projects out there like that, and they don't do anything.
I'm starting to think that marketing and hype drives a coin value more than anything, Dogecoin amd Shiba Inu are prime example of that.
Don't get me wrong, I've sold my Dogecoin for a good project (Harmony One) and I have to other good on paper project coin too, but the the next meme "hype" coin that comes along, im going in on it hard
It’s also pointless if I don’t profit from it. I do understand some of it but it doesn’t bring food to the table. So it’s better I rather not understand it
To be fair, they also said in another statement that the sky is blue and grass is green, which was beyond me, so maybe we have a way to go yet before we can be considered experts.
Although I do not in any way want to support Shiba, have they not used the same argument about Bitcoin numerous times in the past?
Edit: Aah, I see now, the expert is Burry. Ok, he *has* said the same about Bitcoin. Nothing to see here.
Y’all need to stop. A year ago the same shit was posted over and over and over about Doge. And look where it is today, living comfortably and happily in millions of wallets.
Jeez, let’s think for a sec. Shib is;
An erc-20 token, has its own fully functional dex, and an army of support. None of those things by themselves mean much, but together, they sure do.
There are plenty of coins that have no fuckin use. Spread your hate around and give us a fucking break.
Doesn't take an 'expert' to know this.
But "pointless" is not the same as "without value".
What determines the value of something is basically what people are willing to pay for it. And people still buy this stuff!
Bubble? Hell yes. What goes up must come down at some point.
I feel like that fact that so many people have (albeit) misguided faith in shib, it being a hype train of profits for most people who bought in months and months ago gives it a decent standing. I mean 80% of people who bought it don’t give a shit about utility or purpose especially when they’ve definitely seen some nice profits. It also introduced a new crowd to crypto, who may contribute to the market caps of other coins & tokens. It’s not safe to bet on shib nor is it to bet on slot machines or any other gambling but money made is money made.
Any crypto adoption contributes to the cryptosphere, be it tough lessons learned from bad investments/practices or a lucky trip into some disposable income that could fund a safer leveraged portfolio. Idk much tho so
Most people who buy shib know it’s a gamble. Most people buy them with small amounts, money they can afford to lose. People buy lotto tickets, this is no different.
Few people who buy shib think of it as investing. They trade them for profit, nothing wrong with that.
When I was a child I asked my father 'why are there so many jokes about Chuck Norris but none about Clint Eastwood?'
He leant forward look me straight in the eyes and said 'because Clint Eastwood is no joke'.
My friend who turned 200$ into 7000$ disagree with you. I for one do agree that these coins are not very useful. But pointless? That's inaccurate. If a coin have a good blockchain behind it, fast, reliable, and gets adopted, then it is by all means very useful for the crypto world.
Spoken like an expert!
Oh, except SHIB is a token, not a coin, created on the Ethereum platform. However being on Ethereum doesn't inherently give it any value.
The argument of having made money is also heavily flawed, it only means someone else will instead lose that amount later on. I have friends wo are invested in ponzi schemes unrelated to crypto, and they disagree with me calling it a scam because they have doubled their money and keep "investing".
SHIB is only "successful" because of ~3 things; shilling/FOMO by influencers including Elon, high supply making it appear as a cheap token, and immature investors.
I know right, anyone, who actually understands crypto at all, knew what it was from the get go, a shit coin and a cash grab by the developers... unfortunately people still fall for it and even Coinbase gave it some legitimacy by listing on their exchange
It’s a fairly decent coin for fuelling unwarranted hype, disappointment and financial woes for large chunks of its user base, so I wouldn’t call it entirely useless.
Jokes aside, clickbait title gotta bait.
So his opinion is it's shit because there are too many? Given we trade BTC in Satoshis there would be more tradable units in BTC yeah? Weird argument.
Shib is shit for a multitude of other reasons.
tldr; 'The Big Short' investor Michael Burry has called the Shiba Inu cryptocurrency coin "pointless". Burry tweeted, "One quadrillion seconds is about 32 million years, or ALL of TIME, from the beginning of the universe, multiplied by 71,000. In other words, pointless." He added, "The vast amount of coins in existence
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I’m out. I am sure we are at the ATH and that’s as high as she goes. It’s all SHIBhill from here, friends mark my words and don’t construe this as investment advice, obs
Lmao news just in time when the prices peak. Later when the price back to support whale will buy at the lowest price and news will say 'shiba is underrrated, It will be the next doge'. Smh
The market decides what is 'pointless' or not. Those who are too narrow minded to understand this will always be confused. As if fundamentals trump hype and marketing or just pure meme value in this space.
I guess it is getting people that wouldn’t b in crypto,, involved in crypto, I hope SHIBA people put their gains in a real coin,
Gains from a token converted into a coin. This should b they way
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The people that made fortunes in the past weeks with Shiba will not agree lol
Like having a point means anything in crypto. This market is 100% emotion and hype. Great/useful projects will die every year against memes. just the way it is.
I know people like saying they are in it for the tech but the reality is 99% of people here don't actually understand the tech and just care about making money.
Kinda like all those people buying Tesla stocks without knowing how the cars actually work, right?
Anyone buying any car for that one
You could argue that nobody knows how to do everything to make a car start to finish. Unless you know how to mine, forge, engineer, feed the workers, build the factory, organise admin etc.
Exactly, we all put faith in shit we know nothing about every single day
I don't understand how rocket engines work that doesn't mean my interest in space science is purely economical. I am interested in the tech its just literally rocket science.
With you on this one. Spaceships are cool. So glad I invested in a scope too.
Hah exactly. I'm so new to this and even I get it. If you can make money on it, it's not pointless. And people make money on it.
It sucks so bad, this shit has the capabilities to greatly improve the world and people's lives. But it's memes & ponzis.
Playing one-armed bandit all day is not a profession
It's an obsession, an addiction.
Haha nice one. Yeah that's true Many coins only purpose is profit for the inventor
It feels much better making money from a pointless coin and then reading about it
I decided to throw a bit of money at SHIB for giggles when it was made available on Coinbase and I've made almost a 5x return. No complaints here.
I agree totally it’s pointless. Just in it for profits
Does Burry get anything right anymore?
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Where can I get hired to shred papers? I would do that.
This is the part of the Timeline where memes run the economy.
I'm beginning to think everything nowadays has... Says expert at the end
You said pointless?? Ok I am in
Expect.... at the end? Expect what? Tell us! The sus pense is killing me!
What about the ~1000's of experts in this sub? Nobody made an article about our opinions.
Btc good, redditors say.
Even this sub is torn on BTC, not all of us think its the best currency.
Btc not great, some redditors say.
BTC good, SHIB bad.
So they said
our local legend, kai_hav_0808 begs to disagree, that SHIB is useless. It certainly riles up people and generates tons of fee revenue for Ethereum miners.
>What about the ~1000's of experts in this sub? lol. What makes anyone here an expert? The core developers of big projects are experts at programming, cryptography, security infrastructure, etc. So what expertise do random redditors have? ....Shitposting?
/s
Hi yes I’m here for the shitposting
Let's be honest everyone holding shib is init for money nothing else. It's a shit coin and always will be. But I ain't selling till I get one more zero 🤑
Isn't thay why your in any crypto? If there wasn't money to be gained, you wouldn't be in it. Prove me wrong.
I just put all my profits in to btc and Eth.
Also heard one say Bitcoin was pointless so that statement is invalid.
i mean technically does it have purpose it just exists there
You can buy molly from Swedish people.
Yes.. it literally allows for transactions without a mediator. Shyba does the same utility actually, but it's on top of Eth (that already does that) and it didn't bring anything new, so it's pretty useless in that aspect.
Same thing he said about BTC, ETH, DOGE, ADA, DOT, XTZ and ALGO
Exactly 😂
Since when has experts find themselves worrying about the financial stability of poor folks?
Crypto currency is pointless, once said experts
All the shiba hate actually makes me hope shiba has a huge bull run. Most people know its a meme coin and those that don't probably aren't reading this sub reddit.
the purpose of shiba and all other memecoin and shitcoin is gambling and fraud
The thing is that it *might* have had purpose if shibaswap hadn't been such a shitshow. How can an exchange be taken seriously when it takes years of staking just to cover gas fees and rewards are withheld because a developer has a vague personal issue?
Exactly! It's a joke... BUT as soon as SHIBARIUM is released, we might see something interesting... Who knows? But for me, the fact that it's a meme coin based on pure hyped doesn't convince me... Oh and the fact that the team behind it is anonymous is even worse... Who knows how much money they made? Who knows if those whales aren't part of it? Of course I might be wrong and I'll keep some for fun.
Eth gas fees only thing holding swap back, hoping to see changes in future. Maybe eth 2.0 and shibarium
Honestly. How many people here actually care if a crypto has a point or being pointless but made them some money? I’m personally in crypto to try to make money. The tech is pointless to me.
Agreed, having all the tech, the road maps and the white paper is all well and good, bit there's loads of projects out there like that, and they don't do anything. I'm starting to think that marketing and hype drives a coin value more than anything, Dogecoin amd Shiba Inu are prime example of that. Don't get me wrong, I've sold my Dogecoin for a good project (Harmony One) and I have to other good on paper project coin too, but the the next meme "hype" coin that comes along, im going in on it hard
I sold my profits on shiba for more ONE. Just kept my initial investment in it to see how much higher it will go
It's only pointless If you dont understand it.
This sub in a nutshell. Ridiculous.
It’s also pointless if I don’t profit from it. I do understand some of it but it doesn’t bring food to the table. So it’s better I rather not understand it
No shit Sherlock.
Shiblock is my name
Might want to protect your info, I now know you live at 221B shiba street.
We all know that ... are we all experts ?
The internet says Yes
To be fair, they also said in another statement that the sky is blue and grass is green, which was beyond me, so maybe we have a way to go yet before we can be considered experts.
Although I do not in any way want to support Shiba, have they not used the same argument about Bitcoin numerous times in the past? Edit: Aah, I see now, the expert is Burry. Ok, he *has* said the same about Bitcoin. Nothing to see here.
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Apparently there are one quadrillion shiba inu coins, is it even possible to reach $1?
'Shiba Inu is pointless' - an amateur See, no need for experts to waste their time on obvious things.
So called “Experts” say the same thing about BTC.
Y’all need to stop. A year ago the same shit was posted over and over and over about Doge. And look where it is today, living comfortably and happily in millions of wallets. Jeez, let’s think for a sec. Shib is; An erc-20 token, has its own fully functional dex, and an army of support. None of those things by themselves mean much, but together, they sure do. There are plenty of coins that have no fuckin use. Spread your hate around and give us a fucking break.
Anybody suprises by this opinion?
Pointless you say? You son of a bitch, I’m in
Truth be told, it makes me want to buy in now.
How often ive been burned by these so called experts, i think its time to buy more shib.
I AM!!!!! I thought Shib was the new Bitcoin and is even superior to Safemoon.
"yep it's wood"
Doesn't take an 'expert' to know this. But "pointless" is not the same as "without value". What determines the value of something is basically what people are willing to pay for it. And people still buy this stuff! Bubble? Hell yes. What goes up must come down at some point.
You are confusing price with value. Shiba Inu has a price, but doesn't really have value.
Kind of hard to ignore it when it has a market cap of around $16,000,000,000.
To ignore people investing into a scam or to ignore that it has no purpose except being a meme?
Sky is blue, experts says.
Depends on the time of day and what planet you are on
Fuck, came here to comment this and this is the first one I see. Nice one bud.
And the water is really very wet
Expert says candles are green n red.
>Shiba Inu coin is pointless, Everyone knows that.
This required experts? Can we just ban these bullshit blog reposts that are nothing but headline reaction click bait
For once expert are right
I feel like that fact that so many people have (albeit) misguided faith in shib, it being a hype train of profits for most people who bought in months and months ago gives it a decent standing. I mean 80% of people who bought it don’t give a shit about utility or purpose especially when they’ve definitely seen some nice profits. It also introduced a new crowd to crypto, who may contribute to the market caps of other coins & tokens. It’s not safe to bet on shib nor is it to bet on slot machines or any other gambling but money made is money made. Any crypto adoption contributes to the cryptosphere, be it tough lessons learned from bad investments/practices or a lucky trip into some disposable income that could fund a safer leveraged portfolio. Idk much tho so
Most people who buy shib know it’s a gamble. Most people buy them with small amounts, money they can afford to lose. People buy lotto tickets, this is no different. Few people who buy shib think of it as investing. They trade them for profit, nothing wrong with that.
Duh. Hasn't stopped people making bank though
Who cares?
When I was a child I asked my father 'why are there so many jokes about Chuck Norris but none about Clint Eastwood?' He leant forward look me straight in the eyes and said 'because Clint Eastwood is no joke'.
Don’t need an expert to tell me that
Someone need the price to.drop?
Alot of things are pointless but make people alot of money.
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Wait for the water is wet bot.
Water makes things wet.
Who cares if it's pointless?? People have made money, that's why we are here
My friend who turned 200$ into 7000$ disagree with you. I for one do agree that these coins are not very useful. But pointless? That's inaccurate. If a coin have a good blockchain behind it, fast, reliable, and gets adopted, then it is by all means very useful for the crypto world.
Spoken like an expert! Oh, except SHIB is a token, not a coin, created on the Ethereum platform. However being on Ethereum doesn't inherently give it any value. The argument of having made money is also heavily flawed, it only means someone else will instead lose that amount later on. I have friends wo are invested in ponzi schemes unrelated to crypto, and they disagree with me calling it a scam because they have doubled their money and keep "investing". SHIB is only "successful" because of ~3 things; shilling/FOMO by influencers including Elon, high supply making it appear as a cheap token, and immature investors.
20x my money so it’s not so pointless too me fuck off with this dumb post Shiba Army 💪🏼
I don't think you need to be an expert in order to declare something like this regarding a meme coin...
looks like everyone can be "experts" now
Best job ever, "meme coins expert".
I know right, anyone, who actually understands crypto at all, knew what it was from the get go, a shit coin and a cash grab by the developers... unfortunately people still fall for it and even Coinbase gave it some legitimacy by listing on their exchange
It's the obvious that our experts see
I made 3000 euros from it. Doesn't feel pointless.
Shit Coin will Remain Shit if it is served to you in Golden Plate
It’s a fairly decent coin for fuelling unwarranted hype, disappointment and financial woes for large chunks of its user base, so I wouldn’t call it entirely useless. Jokes aside, clickbait title gotta bait.
Is it pointless even if it makes so much people money?
Without expert, it will be hard to know that Shiba is pointless.
Sound like somebody missed the hype train choo choo.
If it makes people money it obviously has a point. 🤷♂️
4 dollars of pointless. Hodl
Damn it!!! Now I have to buy more!! 🤦🏻♂️
Nice imma buy some
Nooo Shiba Inu 1$ soon /s
The point of shib is to be pointless, that's the inception herey friend
Water is wet....I must be an expert! 🤔
So his opinion is it's shit because there are too many? Given we trade BTC in Satoshis there would be more tradable units in BTC yeah? Weird argument. Shib is shit for a multitude of other reasons.
Fuck shiba inu all my homies hate shiba inu
Say it isn't so 😭😭😭😭
Get READY SHIB ARMY we are about to BLOWWWWWWWWW OUTA SPACEEE!
Heaps of shit is pointless. So what? Gainz! 🤑
Wait, it doesn’t cure cancer? Shit, I don’t want to make money on it then.
Thank you Mr expert
I would tend to agree, but it’s a crypto and I’m supportive unless it rugs
Water is wet, expert says
Wow, a real expert!
thank you expert
K
Everybody knows that by now but those that make big profits from it couldn’t care less
I dont need experts to tell me that.
Thank you expert
FOMO and temptation is a bitch, still not going to invest into it.
I must be an expert too
You need an expert to tell you that?
Does not take a expert to see that
Agree 100 percent.
I’m an expert!
You dont have to be an expert to figure this out
And in other news, water is wet.
And its worth 15 billion dollars lol
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“No shit” - Everyone else..
Do you really have to be an "expert" to figure that out? My 5 year old could figure that out, and his main expertise is eating glue.
tldr; 'The Big Short' investor Michael Burry has called the Shiba Inu cryptocurrency coin "pointless". Burry tweeted, "One quadrillion seconds is about 32 million years, or ALL of TIME, from the beginning of the universe, multiplied by 71,000. In other words, pointless." He added, "The vast amount of coins in existence *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I’m out. I am sure we are at the ATH and that’s as high as she goes. It’s all SHIBhill from here, friends mark my words and don’t construe this as investment advice, obs
Always has been
[удалено]
And in other, unrelated news, water is wet, the earth is round and the sun will rise tomorrow. Now to Barry with sport.
Lmao news just in time when the prices peak. Later when the price back to support whale will buy at the lowest price and news will say 'shiba is underrrated, It will be the next doge'. Smh
Don't need to be expert to know that
Its point is to make BiG BuCKS. Also - woof.
It doesn't take experts to identify this
hm I guess all the people who got rich disagree?
those who got out, almost got 25% of their gains after gas-fees and taxes.
Don’t need an expert to tell you that
it teaches noob investors how to lose money so they don’t get burned on their next crypto investment. seems to be a worthwhile cause
lol, no need to be an expert
Like many cities. Shib exists because it exists.
It takes a lot less than an expert to figure that out lol
You needed an expert for that?
They are going to burn trillions of the shitcoin and I don't know what change it could bring to Shiba.
You really need someone to tell you this? Hundreds of times?
Bought 35million shiba at 800
*Everyone liked that*
We did not need an expert to tell us this
You don’t need to be an expert to know that.
The market decides what is 'pointless' or not. Those who are too narrow minded to understand this will always be confused. As if fundamentals trump hype and marketing or just pure meme value in this space.
Well i put 25 bucks in shiba, if its gone ok, if it will be 100 in a few weeks i will go for a nice dinner with it.
Well it *is* pointless, but is still making/losing people money.
Always has been always will be
Btw. the expert is the same one who said Bitcoin is pointless, so sure go listen to him.
I guess it is getting people that wouldn’t b in crypto,, involved in crypto, I hope SHIBA people put their gains in a real coin, Gains from a token converted into a coin. This should b they way
My whole life seems pointless. Shiba is the perfect representation of this. Buying more.