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Topic: Elon doesn't own Shiba? (Read 446 times)

member
Activity: 434
Merit: 10
November 07, 2021, 07:17:38 AM
#88
Elon and Shiba are opposites. Many say shiba is a competitor to the doge and maybe that's what makes elon not interested in shiba. Obviously Elon tweet had a very strong impact on him not owning a shiba. Shiba is a coin that has a large community and projects that are still in the development stage. This is a good capital for shiba to create a wider market value.
hero member
Activity: 2912
Merit: 674
November 05, 2021, 10:42:34 AM
#87
The community is full of stupid people if they only trust Elon to dictate their future.

If they really believe that this coin will make a difference in the future, then they should still trust it even if Elon would say that he didn't own this coin. The problem is, they keep trusting Elon despite knowing that he loves to shill a worthless coin just to hype it to make himself enjoy the profit of it. They will learn the hard way, I'm sure with that as sooner or later, Shiba would dump just like other coins who only rise due to hype.
full member
Activity: 524
Merit: 100
November 05, 2021, 07:34:09 AM
#86
On the twitter elone musk said that he have no shiba inu in his wallet . So we can believe him. He is a very effective person on crypto market . A tweet of elone musk can effect on the any crypto for hype. 
full member
Activity: 644
Merit: 100
November 05, 2021, 05:30:57 AM
#85
I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

 I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

people like Elon Musk have a huge influence in the community, he doesn't even care about the future of SHIBA, his goal, he just creates hype for whatever coin he wants!!. for example, If he cares about a currency, of course he holds or has more SHIB. Elon Musk is not one of the developers of the SHIBA INU project. He also said he didn't have a SHIBA INU in his wallet. I believe this with what ELON MUSK said. just watch after he put it like that, the price of shiba decreased a bit. this is what I mean ELON MUSK has a big influence in the Crypto community
hero member
Activity: 3010
Merit: 604
November 05, 2021, 05:01:05 AM
#84
The Shiba still have a lot of supporters and have a good team that still develop the project, if they can find more use of the Shiba or if some company starts accepting Shiba I think it will pump more. In regards with Elon Musk, we shouldn't be surprise that he doesn't own Shiba since he supports Doge it's like supporting your enemy and he is really focusing on improving Dogecoin.
Shiba inu is a parody of dogecoin but i think this meme coin is way better than dogecoin itself. And to think that Elon does not owned it, its definitely a good thing as its less likely to have the same future with dogecoin.

However, considering that they started as meme coins would not be a good option to invest in Shiba inu because its future is still very uncertain. It might be very profitable at this moment, but who knows if a heavy price correction will soon to hit the market, its value will not recover anymore. So investing in Shiba inu needs to be more cautious as its only good for nothing in the end. I suggest to focus more on solid coins like bitcoin and ethereum as they have brighter future than Shiba inu.
legendary
Activity: 2660
Merit: 1009
November 05, 2021, 04:21:33 AM
#83
The Shiba still have a lot of supporters and have a good team that still develop the project, if they can find more use of the Shiba or if some company starts accepting Shiba I think it will pump more. In regards with Elon Musk, we shouldn't be surprise that he doesn't own Shiba since he supports Doge it's like supporting your enemy and he is really focusing on improving Dogecoin.
hero member
Activity: 2492
Merit: 586
November 05, 2021, 01:28:31 AM
#82
The fact that Elon doesn't have Shiba doesn't mean the project won't survive without him. After all, It's not possible for someone to have it all. He might have had a negative effect on the price when he uttered the statement but Shiba will bounce back as its gradually taking the step of becoming something way more better and useful to the community than just being a meme.
Even there are still some rumors about few things which are not clear, but Elon Musk is doing some good tricks with this all crypto community and having some good advantage due to his well reputation. Shiba hype is still running very badly even price drop very quickly but still too many newbies are having some good profit and can lose more than this all because no one can guide them about this all hype which can collapse.

Shiba doesn't provide real use cases to the mainstream world. It's just a meme coin which is having nothing with crypto world, it's relaying in this crypto world just as shit coin.
legendary
Activity: 2576
Merit: 1655
November 04, 2021, 06:19:33 PM
#81
Probably another trick in Elon Musk book, (1) if someone ask him how much "x" cryptocurrency he owns, he will say no (2) it will have a domino effect on that "x" coins pulling the price down (3) Elon Musk buy a ton (4) change his stance and he said he bought some (5) the price spike, (6) more money again for him.

So for me I wouldn't bother to read his tweet or whatsnot. We should decide for ourselves and not blindly listen to any crypto influencer, not only Elon Musk.

I really like your ecenario. In your opinion, we should now buy SHIBA and wait for Elon Musk's new tweet, but this time with positive news for SHIBA.
I think this idea is worth risking a few bucks Smiley
If there is a positive tweet about SHIBA on Musk's profile, I will ask you for your BTC address to transfer some satoshi Wink

Lol, look at this tweet though,



https://twitter.com/Tree_of_Alpha/status/1456332297393872899

So it seems that he is going to accept it as mode of payment for his Tesla and now creating more hype for him and Shiba of course. My scenario is very close though,  Grin
newbie
Activity: 14
Merit: 0
November 04, 2021, 02:13:21 PM
#80
 If I was a billionare the last thing that I would do is put any money in SHIB. I don't see how this is too much of a surprise.
sr. member
Activity: 2366
Merit: 264
November 04, 2021, 02:09:56 PM
#79
The fact that Elon doesn't have Shiba doesn't mean the project won't survive without him. After all, It's not possible for someone to have it all. He might have had a negative effect on the price when he uttered the statement but Shiba will bounce back as its gradually taking the step of becoming something way more better and useful to the community than just being a meme.

The Shiba Inu was an interesting experiment and created quite a stir in the crypto community.
Although there is a ShibaSwap exchange in the works, SHIB is just a meme token,
there is no use case for the SHIB token, nor is there any technical support.
And I don't invest too much in meme tokens because it's too risky
member
Activity: 868
Merit: 12
November 02, 2021, 12:17:40 PM
#78
The fact that Elon doesn't have Shiba doesn't mean the project won't survive without him. After all, It's not possible for someone to have it all. He might have had a negative effect on the price when he uttered the statement but Shiba will bounce back as its gradually taking the step of becoming something way more better and useful to the community than just being a meme.
sr. member
Activity: 2366
Merit: 264
November 02, 2021, 11:29:52 AM
#77
I don't know why you guys go and check if Elon has a SHIB or not,  It's kind of disrespecting the holders.
The Crypto project goes this far because it is community-driven, the Crypto community has something more powerful than Elon.
And we all know we're not here because of Elon.
legendary
Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
November 02, 2021, 10:54:52 AM
#76
Of course you shouldn't trust what a CEO of several big corporations should have to say when it comes down to anything related to money.
He is only in it for himself and only cares what amounts are lining his coffers.
If it bankrupts other people with a single tweet or message about his companies stock to make them plunge down the abyss,
he does not nor will not care in the long run.

This has been proven time and time again with this guy and his tweets to his millions of millions of followers who dwell on his every word.

You've said it yourself. Elon Musk is only on crypto not because he believes in the technology, but rather to make a lot of money out of it. It's no wonder why he constantly shills a shitcoin like Dogecoin on Twitter. I wouldn't be surprised if he decides to do the same with SHIBA in the not-so-distant future. People are foolish enough to follow one man, when crypto is all about decentralization. They'll regret themselves dearly once Elon Musk makes the market go down the drain with his tweets. I wouldn't care much if Elon Musk owns SHIBA, since the coin doesn't provide real use cases to the mainstream world. It's a shitcoin just like the rest of the other "meme" coins trading on the market right now. Only cryptocurrencies with serious use cases will thrive in the long run. I'd advise anyone to stop following Elon Musk and just make decisions based on research. Just my thoughts Grin
newbie
Activity: 42
Merit: 0
November 02, 2021, 04:37:41 AM
#75
I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

 I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

"Elon Musk has revealed that he has bought Bitcoin, Ether and Dogecoin, before adding that he doesn’t own any Shiba Inu tokens – which instantly plunged the price by 15%." So this has already made an effect on SHIB's price, but also Dogecoin, it has climbed about 10%!
member
Activity: 1274
Merit: 14
November 01, 2021, 11:17:40 AM
#74
I cannot understand why to react to someone's statements. Here Elon Musk said something and the coin immediately collapsed. Why invest in something that will collapse from someone's joke. Elon Musk has already become a well-known joker in our country. No responsibility, only dividends are received. This is life, one can only dream about it. It would be interesting to see what happens if he jokes about Bitcoin.
sr. member
Activity: 938
Merit: 251
November 01, 2021, 10:18:12 AM
#73
Elon musk have replaced McAfee  as authority on shilling Cryptocurrency.  One would have thought that Elon renounce of Shiba token would have pumped the price.  I think people in Cryptocurrency are always looking for who to pump their bag! Shiba inu is already popular and it could cancel more zeros without Elon!
full member
Activity: 591
Merit: 100
WATANABE
November 01, 2021, 08:31:41 AM
#72
Elon Musk never told that he owns SHIB and only SHIB-pumpers tried to convince users that he is interested in this project. among all meme coins Musk prefers DOGE and only DOGE.
He's a very smart person when it comes to choosing and also very smart when it comes to business, so it's clear he's opting for a good and durable product over a new product whose durability he still doubts, so Musk has made the right move. even though it's only limited to choosing meme coins

Smart in looking for loopholes to see prices will go up or come up with something new that surprises a lot of people. it became a very influential thing for everyone who had invested in it. Make something big for everyone and make Doge one of the famous tokens again.
jr. member
Activity: 103
Merit: 1
October 29, 2021, 12:05:42 AM
#71
I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

 I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

Elon is an influential person in the tech business field. Besides his busy times with his dream job, he takes some time on Cryptocurrency investment. Therefore, he often tweeted about Cryptocurrency. Recently Elon tweeted that there are some coins held within his portfolio but Shiba is not mentioned. Even though Shiba is not mentioned in his portfolio. It does mean that no Shiba portfolio for his next Cryptocurrency investment. His previous tweet exposed interest in something that is similar to Shiba icon. Can be his first support before investment? In addition, the new version of Shiba system development is also an important component attracting Elon to be a part of Shiba portfolio.  
member
Activity: 532
Merit: 18
October 28, 2021, 04:17:01 PM
#70
Yeah, I saw Elon Musk's tweet about SHIB and its big affect on the price too. However, maybe he did this intentionally. Maybe he wants to manipulate the price like this to be able to buy from a lower level who knows. If he starts praising SHIB, then my assumption will come true. Otherwise, it is really interesting to me also. I wonder why Elon Musk stopped backing coins like this.
full member
Activity: 2086
Merit: 193
October 28, 2021, 04:08:53 PM
#69
Hey jump calm down and take a deep breath. It's Elon Musk we're talking about here, isn't it? That dude can legit barge into twitter tomorrow and tell the world he has a beautiful bag of Shiba Inu sitting in his Coinbase account. It's not untenable. Remember his debacle with bitcoin and how it panned out
There’s a possibility but it doesn’t matter anymore, SHIB prove that it can go up high even if there’s no support from Elon, though the influence of Elon is still high so if there’s a changes on his statements that can surely brings the SHIB on top. SHIB is very volatile, its better if you do spot trading that features because you might got liquidated when the price goes beyond your limit.
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