What you guys think is Shiba Inu Coin a better investment than Dogecoin?

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Quote from: perfect999 on November 18, 2021, 08:46:20 AM

Quote from: John_40 on November 13, 2021, 08:04:23 AM

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

I guess next 10 years would be too far away to speculate about these "just memecoins". But, we could expect anyone of these coin to be getting a new usecase which will get that to be sustaining along with bitcoins. I am confident about dogecoin to be excelling along with spacex adoption. If Elon Musk will not change his mindset then there will not be any changes in the progress of dogecoin's growth. But, I am always afraid of Elon Musk's swing mood and withdrawing support for cryptocurrencies.

As for now, I still couldn't expect huge from Shiba Inu, not ven from Doge. Although Dogecoin has been existed in the market for several years but can't just see it increase its value (not that shilling matter made by Elon). But for sure this project will remain as many traders are still able to use this. But to know that they are meme coins, that something it gives us the doubts.

Well, it has to know that it still matters how we manage them. In fact, many investors have been in huge profit investing these projects during the hype, they are in perfect timing. Thus, if we could still afford to take the risk out from them, that was our choice either.

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Quote from: Maslate on November 18, 2021, 08:06:22 AM

No one is better because these are just hype coins, you can invest it now but don't decide to hold it long as eventually, it will become worthless. A coin that is brought by the hype that's why it's successful will not like survive, so I don't like to use the word "better" because you might experience the worst loss if you get hype and join the FOMO.

Knowing they are both meme coins, most likely they will have the same future. But for now, since there is still a huge community supporting them, they will still be profitable and will continue to attract investors. Particularly for dogecoin, because its the first meme coin that creates much hype and Shiba Inu is only a parody of it.

Maybe investing at the moment will never be that bad but if we tend to hold them for long term, that's when i strongly disagree because they will never sustain their high value in the future because they have no real utility case that will keep people to support them.

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Quote from: Al Qiyamah on November 18, 2021, 02:23:38 AM

Both of them were created just for a joke, many doubted the viability of these two coinmemes, but unexpectedly, both of them could be coins that should be owned and indeed it is better to just dump and pump for profit. Shib is fundamentally better, but Doge has a strong community and that's important for its survival. I think Doge will be able to survive for the next 10 years.

Shib already has a very strong community, which creates new opportunities for the coin. Also big investors put money in this asset, which can be considered as more fundamental interest.

Quote from: Maslate on November 18, 2021, 08:06:22 AM

No one is better because these are just hype coins, you can invest it now but don't decide to hold it long as eventually, it will become worthless. A coin that is brought by the hype that's why it's successful will not like survive, so I don't like to use the word "better" because you might experience the worst loss if you get hype and join the FOMO.

Doge exists since 2013, which means it is more than 10 years old already. A lot of coins, which now considered to be perspective and worth investing in can`t boast the same time on the market. So we should see meme coins not only as a hype anymore, they are becoming a special market niche.

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Quote from: John_40 on November 13, 2021, 08:04:23 AM

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

I guess next 10 years would be too far away to speculate about these "just memecoins". But, we could expect anyone of these coin to be getting a new usecase which will get that to be sustaining along with bitcoins. I am confident about dogecoin to be excelling along with spacex adoption. If Elon Musk will not change his mindset then there will not be any changes in the progress of dogecoin's growth. But, I am always afraid of Elon Musk's swing mood and withdrawing support for cryptocurrencies.

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No one is better because these are just hype coins, you can invest it now but don't decide to hold it long as eventually, it will become worthless. A coin that is brought by the hype that's why it's successful will not like survive, so I don't like to use the word "better" because you might experience the worst loss if you get hype and join the FOMO.

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Quote from: Al Qiyamah on November 18, 2021, 02:23:38 AM

Both of them were created just for a joke, many doubted the viability of these two coinmemes, but unexpectedly, both of them could be coins that should be owned and indeed it is better to just dump and pump for profit. Shib is fundamentally better, but Doge has a strong community and that's important for its survival. I think Doge will be able to survive for the next 10 years.

That's why cryptocurrencies are so unpredictable that at first no one noticed but now it's becoming hype,
for Dogecoin itself seems to be different from other meme coins,
whether it will last for the next 10 years or not which is clear I don't know and I think we need to follow its development

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Quote from: Quantum907 on November 18, 2021, 01:40:37 AM

For now Shiba is better than DOGE, many might say that coin memes like Shiba are just a pump project but I think as long as it's profitable then it's better than focusing on real adoption but having to wait too long.

We need to be wise to select Shiba or Doge as the investment. If both coins are just for a pump and dump project, then we need to know when we should buy and sell the coins to make a profit with the current situation. But still, for a long-term investment, bitcoin will be the best coin to hold because bitcoin can increase high in the future. The altcoin such as Shiba and Doge can help you make a profit if you use them for the short or medium-term, but be careful to analyze because those coins are different from the other coins.

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Both of them were created just for a joke, many doubted the viability of these two coinmemes, but unexpectedly, both of them could be coins that should be owned and indeed it is better to just dump and pump for profit. Shib is fundamentally better, but Doge has a strong community and that's important for its survival. I think Doge will be able to survive for the next 10 years.

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For now Shiba is better than DOGE, many might say that coin memes like Shiba are just a pump project but I think as long as it's profitable then it's better than focusing on real adoption but having to wait too long.

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Quote from: romero121 on November 18, 2021, 01:09:15 AM

Shiba is in its hype period. Now it has been getting slowed down. Anything could happen in the cryptocurrency network, what we saw with the Shiba Inu is the example. The price grew to the top in no time, and dropped down. In no time the market supporters turned to be a big community. As the community got widened the support for Shiba from firms started to increase.

At some point Shiba Inu traded more in volume against bitcoin. These are all temporary, all the way if some other coin makes similar market the community concentrates over there.

Shiba Inu will only be good and profitable if its hyped. But how about if the hype is over. I would not think that it will still be profitable as today, and at the end of the day both dogecoin and Shiba Inu will be out in the market because their value might be totally gone. My prediction may be different from others but i believe meme coins will never stay long in the market as they have no real use case like bitcoin and ethereum do. So let others enjoy their profits on these meme coins while they are still irresistible for now.

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Shiba is in its hype period. Now it has been getting slowed down. Anything could happen in the cryptocurrency network, what we saw with the Shiba Inu is the example. The price grew to the top in no time, and dropped down. In no time the market supporters turned to be a big community. As the community got widened the support for Shiba from firms started to increase.

At some point Shiba Inu traded more in volume against bitcoin. These are all temporary, all the way if some other coin makes similar market the community concentrates over there.

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Quote from: John_40 on November 13, 2021, 08:04:23 AM

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

I don't think that doge flies soon. But doge is a powerful coin in terms of community, so it can remain alive and even grow in price one day.

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Quote from: tuertezii on November 15, 2021, 10:28:15 PM

I think it is very unscientific to ask this question. These two coins obviously do not have their unique technology that fits the market supply.

Doge has been used its own blockchain and it can be considered as its own tech. Shiba was using ethereum blockchain and it doesn't have own blockchain to run its token but shiba has a swap platform. Im not sure about what do you mean about tech but both were still using tech to run its tokens. that's a non sense thing to call both didn't have their unique technology. The tech must not be always a new tech.

Quote from: tuertezii on November 15, 2021, 10:28:15 PM

They are just a tool for capital to accumulate money. They will not always exist.

Hmmm.. that's pretty interesting to see this statement. As far as i know doge developer never got big money and he has sold all of his stash since a long time ago. Have you seen the token distribution from shiba inu? it seems like there was no token that allocated for the team. All of supply were getting distributed. Vitalik was just sending 50% of shiba inu for charity purpose.
It's still unpredictable whether the shit token can exist in the future but anything can change easily. Shiba can become a non meme token anymore for sure. The same thing may happen with doge coin.

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Quote from: tuertezii on November 15, 2021, 10:28:15 PM

I think it is very unscientific to ask this question. These two coins obviously do not have their unique technology that fits the market supply. They are just a tool for capital to accumulate money. They will not always exist.

Yeah, but we can tell the same pretty much about everything. I think, the question about investment considering those coins is tricky itself. When I hear about Doge or Shib I don’t think like an investor. I think like a short term trader. As for me, it’s better to make quick profit on such coins, even though it is a chance they could be worth more in a long game. Investing needs something less volatile and more fundamental. That is why neither of them are good for investing, if we mean something rational and thoughtful under it.

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I think it is very unscientific to ask this question. These two coins obviously do not have their unique technology that fits the market supply. They are just a tool for capital to accumulate money. They will not always exist.

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Quote from: sovie on November 15, 2021, 07:44:52 PM

Quote from: Slow death on November 15, 2021, 07:39:54 PM

Quote from: sovie on November 15, 2021, 06:44:21 PM

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

the saddest is that there are hundreds of people who put a lot of money into it

There are also a lot of people who made a lot of money on it. Those people who made money tell other people about it, who are often completely random and have no idea about cryptocurrencies. When someone hears how easily another earned money, he often follows him like a sheep, followed by another and another person. This is how bubbles are formed. In my opinion, the SHIB bubble is about to burst, so I would advise everyone to invest very carefully.

it depends on the preference of the user regarding this type of investment. but one thing i can say, meme coins may have their time today, but think of their future. can they survive in this market? what would be the reasons why they can have longer lifespan? if you can't find a clear answer, then you should know where to put your hard-earned savings.
right now, shib is still attracting attention, even media is giving them interest. but can they sustain this interest and live longer than doge?

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Quote from: Slow death on November 15, 2021, 07:39:54 PM

Quote from: sovie on November 15, 2021, 06:44:21 PM

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

the saddest is that there are hundreds of people who put a lot of money into it

There are also a lot of people who made a lot of money on it. Those people who made money tell other people about it, who are often completely random and have no idea about cryptocurrencies. When someone hears how easily another earned money, he often follows him like a sheep, followed by another and another person. This is how bubbles are formed. In my opinion, the SHIB bubble is about to burst, so I would advise everyone to invest very carefully.

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Quote from: n0ne on November 15, 2021, 07:05:40 PM

Quote from: beerlover on November 15, 2021, 06:40:50 PM

Quote from: Moeda on November 15, 2021, 12:09:35 PM

If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.

I have been around way before ICO period as well, and there are coins from that period, and I have seen ICO period as well and there are some coins from that period as well, I have seen IEO projects become something and now NFT is something and people doubt that it will go on but I say a few will, surely it won't be hyped like today but it will be there. ADA was a ICO project if I am not wrong, after nearly 3 years it reached to 3rd place, THAT'S what meme coins potential is.

Look at Doge, it was literally nothing for years, nobody cared about it at all, and then one day it reached to all time high and nearly 70 cents each. I am not saying Shiba will do the same, it is near impossible for it to be that high, and I believe that Shiba will go down, however the argument against it is not that hype will die down, because even if the general hype dies, few projects could still stand.

Doge is in the market for a decade. Shiba out of hype has reached this level. The survival of these tokens were very minimal, because if popular person hasn't given a hype shiba would've been an unknown token that reached the coinmarketcap and got vanished. Just through the hype it has reached a level and from that it is getting onto further development of own blockchain and many more. How far this gonna be effective is unknown. However Shiba will be kept alive, whereas doge needs massive support to move forward.

this support from shiba won't be forever, soon another altcoin will appear and shiba supporters will leave shiba to go on another project that can give 700% profit and shiba will lose popularity, this is something you see frequently in this market since years old

Quote from: sovie on November 15, 2021, 06:44:21 PM

Quote from: John_40 on November 13, 2021, 08:04:23 AM

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

the saddest is that there are hundreds of people who put a lot of money into it

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Quote from: beerlover on November 15, 2021, 06:40:50 PM

Quote from: Moeda on November 15, 2021, 12:09:35 PM

If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.

I have been around way before ICO period as well, and there are coins from that period, and I have seen ICO period as well and there are some coins from that period as well, I have seen IEO projects become something and now NFT is something and people doubt that it will go on but I say a few will, surely it won't be hyped like today but it will be there. ADA was a ICO project if I am not wrong, after nearly 3 years it reached to 3rd place, THAT'S what meme coins potential is.

Look at Doge, it was literally nothing for years, nobody cared about it at all, and then one day it reached to all time high and nearly 70 cents each. I am not saying Shiba will do the same, it is near impossible for it to be that high, and I believe that Shiba will go down, however the argument against it is not that hype will die down, because even if the general hype dies, few projects could still stand.

Doge is in the market for a decade. Shiba out of hype has reached this level. The survival of these tokens were very minimal, because if popular person hasn't given a hype shiba would've been an unknown token that reached the coinmarketcap and got vanished. Just through the hype it has reached a level and from that it is getting onto further development of own blockchain and many more. How far this gonna be effective is unknown. However Shiba will be kept alive, whereas doge needs massive support to move forward.

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Quote from: John_40 on November 13, 2021, 08:04:23 AM

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

Topic: What you guys think is Shiba Inu Coin a better investment than Dogecoin? (Read 279 times)