Topic: Is Shiba getting rugged like Luna? - page 2. (Read 512 times)
I think long term Shiba Inu would be stronger without the founder. Just like crypto is moving on without caring who or where Satoshi Nakamoto is or where.But short term,Shiba would suffer because of paper hands. By the way,i dont think Luna rugged
I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.
Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html
I think this can be a nightmare for shiba holders because when this happens usually the price of a token will collapse very deeply and can cause very deep losses, shiba I think is still experiencing a long sleep like doge coin price movements that occur only once in a few years , hopefully shiba can still survive.
It looks like Shiba Inu is just a hype project and turn like Doge, a meme coin stay together. What the owner of Shiba did is somewhat disappointing making their investors and holder start to think about the negative and probably it starts a big sell-off. I'm certainly thinking of this, maybe it was not a big surprise because Shiba Inu originally belong to meme coins and seems no have a better future just like many others.
I think this can be a nightmare for shiba holders because when this happens usually the price of a token will collapse very deeply and can cause very deep losses, shiba I think is still experiencing a long sleep like doge coin price movements that occur only once in a few years , hopefully shiba can still survive.
Luna is a bad comparison since what happened to them is more complicated. The official Shiba twitter account is active as mentioned by another member so that's fine for now. He probably controls that account too so I guess he doesn't think it's necessary to keep both accounts.
Wow, just today I thought about investing in Shiba.
Glad I read this so I can reconsider.
Thank you.
Glad I read this so I can reconsider.
Thank you.
I mean that is already the founder and not just a certain part of the team. Rubbing salt to the wound would be those deletion of the posts, so that people would not be able to comment or ask anything to the dev themselves.
I am not sure why people are still staying in this meme coin for too long even if there were red flags like these happening already.
I am not sure why people are still staying in this meme coin for too long even if there were red flags like these happening already.
The right solution for CL but it all depends on individual decisions because so far there has been no drastic decline that has occurred in shiba, but the news about the founder of shiba has caught the attention of the community because he made inappropriate statements during a bear market.
That's why I say that it's better for CL, even though it's at a loss, than Rugpull actually happening later at Shiba Inu (SHIB). If I'm not mistaken, before the price crash of Terra (LUNA), a few days before that happened, Do Kwon made a statement during a podcast with Alexandra Botez that 95% of the projects on cypto would fail and that was an entertaining thing. Maybe what Founder Shiba Inu did was an early sign
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There is a good possibility that Luna and the way Shiba drops may not be the same method. I mean Luna was "hacked" basically, not the way we know but the system had a loophole in it that you could use money to take all the money out to yourself and crash it, and the rich whales used that to make money. Shiba is not like that, its simply just going down, and going down a lot, and people are getting out, from the core members to early birds to even people who invest daily, everyone is getting out, because they realized it sucks.
Regarding Founder Shiba Inu (SHIB) deleting his blog and tweets, it is a bad sign that he no longer wants to discuss further about Shiba Inu (SHIB). My advice, it's better for CL even though it's in a loss condition than having to be hit by a rugpull later.
The right solution for CL but it all depends on individual decisions because so far there has been no drastic decline that has occurred in shiba, but the news about the founder of shiba has caught the attention of the community because he made inappropriate statements during a bear market. 
this is what may happen now and indeed shiba holders must be vigilant now because with this it will be very difficult to predict and this may be a bad ending with this.
of course this will happen sooner or later and those who still think this a joke should wake up soon and maybe for those who still believe and still rely on a strong community they should question this now
of course this will happen sooner or later and those who still think this a joke should wake up soon and maybe for those who still believe and still rely on a strong community they should question this now
I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.
Everything is possible during the current bear market, especially after several projects experienced a very significant price drop, we can call them Terra (LUNA) and DFII.Money (YFII). If you want to feel safe, it is better to invest in Bitcoin (BTC) or Ethereum (ETH).
Regarding Founder Shiba Inu (SHIB) deleting his blog and tweets, it is a bad sign that he no longer wants to discuss further about Shiba Inu (SHIB). My advice, it's better for CL even though it's in a loss condition than having to be hit by a rugpull later.
We really don't know what is running on the mind of the Shiba Inu founder. It is early to say that it will commit a Rug Pull when the market is still very healthy. I think we should take precautions for now. If we are worried but have a second thought to sell, we can sell half of our holdings at least we have secured 50% of the current valuation of Shiba Inu if ever the situation goes southward.
The decision of the founder of Shiba to leave the project sparked negative news for shiba holders, but in fact it did not have any impact on the price of shib other than the effect of the impact on the price of BTC, after I learned that if shiba has a different tokenomic so it doesn't have a bad effect on the price of shiba if the founder of shiba no longer controls developments shiba.For those holders then its up to them whether they would be continuing on supporting it or not and price or its value will really be depending on the community
which is something that cant really be predicted thats why always mind off about the probabilities and be aware and be prepared on it.
If you are a holder of this meme token and you want to take some precautions, better get out of this project before it is too late. As the foundation of this token is also quite not solid for me, the chance of disappearing from this market is also very plausible. One thing that was red flag for me before was their thread in the forum. It was like a crap announcement and just because of the hype, the demand for this token got huge up to the point that binance listed it without the devs applying to them. For me, something is questionable on this project even if they found use case as payment method in gambling sites and the likes. But it is your funds at stake, so the decision is yours.
We really don't know what is running on the mind of the Shiba Inu founder. It is early to say that it will commit a Rug Pull when the market is still very healthy. I think we should take precautions for now. If we are worried but have a second thought to sell, we can sell half of our holdings at least we have secured 50% of the current valuation of Shiba Inu if ever the situation goes southward.
The decision of the founder of Shiba to leave the project sparked negative news for shiba holders, but in fact it did not have any impact on the price of shib other than the effect of the impact on the price of BTC, after I learned that if shiba has a different tokenomic so it doesn't have a bad effect on the price of shiba if the founder of shiba no longer controls developments shiba.For those holders then its up to them whether they would be continuing on supporting it or not and price or its value will really be depending on the community
which is something that cant really be predicted thats why always mind off about the probabilities and be aware and be prepared on it.
We really don't know what is running on the mind of the Shiba Inu founder. It is early to say that it will commit a Rug Pull when the market is still very healthy. I think we should take precautions for now. If we are worried but have a second thought to sell, we can sell half of our holdings at least we have secured 50% of the current valuation of Shiba Inu if ever the situation goes southward.
The decision of the founder of Shiba to leave the project sparked negative news for shiba holders, but in fact it did not have any impact on the price of shib other than the effect of the impact on the price of BTC, after I learned that if shiba has a different tokenomic so it doesn't have a bad effect on the price of shiba if the founder of shiba no longer controls developments shiba. 
We really don't know what is running on the mind of the Shiba Inu founder. It is early to say that it will commit a Rug Pull when the market is still very healthy. I think we should take precautions for now. If we are worried but have a second thought to sell, we can sell half of our holdings at least we have secured 50% of the current valuation of Shiba Inu if ever the situation goes southward.
do not have a future what makes the project function is not far from collapse slowly approaching investors. the shiba team seems to be preparing to gradually disappear with the lack of clarity about this project. I've been avoiding coin memes like this because of the enormous risk that will be obtained later. will this be luna version 2.
I think its just a meme coin without any usecases but i dont know about their future development but till now there is too much chance to market fall like luna but i will not say its will rug but there is chance to dump huge in shiba market because its pump because of only fomo!!
The chart is quite stable but i just wanna try to remind you if that's almost impossible for this to become another shiba inu. CEO of shiba inu has no premined token and how can this become another scam or rugpull? Remember about the tokenomic of shiba inu is quite different with the luna.
I think that shiba has no chance to be another rugpull. All of tokens in the circulation already fully distributed fully proportionally to the hundreds thousands of users.
Im not seeing if this will become another luna that will come in the future. CEO of shiba has no power other than holding the secondary token of shiba platform
I think that shiba has no chance to be another rugpull. All of tokens in the circulation already fully distributed fully proportionally to the hundreds thousands of users.
Im not seeing if this will become another luna that will come in the future. CEO of shiba has no power other than holding the secondary token of shiba platform
To make the recent news effective(Shiba founder deleteting social media activities), it only needs a single huge dump of Shiba. If the bot detects a huge dump, it may trigger the cut-loss mechanism and start selling. For sure many bots will follow because most bots have the same trading setup.
I do not know what to make out of the news today about Shiba Inu's founder Ryosh distancing himself from Shiba and deleting all media posts across his handles. Usually this is a red flag and whenever it happens it gives the impression of a rugpull. Is that what we are likely going to have here, a similar situation of investors losing money like they lost in Luna. What is your observation on this? Please share with us.
Source link: https://www.moneycontrol.com/news/business/cryptocurrency/shiba-inu-founder-deletes-all-tweets-blogs-8613841.html
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