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[ahsan510]

Michael burry tweeted about shiba inu the dogecoin inspired cryptocurrency, 'the big shirt investor dismissed the meme token, noting the supply exceed 1 quadrillion coins.

 

[LutherKing]

Well Its Mostly A Pump And Dump Scheme But Of You Are Serious You Can Put 5% Of Your Net Holdings To ait To See How It Works For You .

 

[SCAMEXPOSER]

The supply is too much I am not surprised by the guy's dismissal.Simple concept of of supply and demand clearly states that assets in high supply fall in value and assets in high demand rise in value.So basing on this simple information alone investors will be less attracted to Shiba Inu because of its high supply

I don't if you are aware that at Intervals developers of coins do burn their coins and also buy back strategy to reduce the entire supply of the coin.

 

[Brain]

The supply is too much I am not surprised by the guy's dismissal.Simple concept of of supply and demand clearly states that assets in high supply fall in value and assets in high demand rise in value.So basing on this simple information alone investors will be less attracted to Shiba Inu because of its high supply

I will agree with your ideology. Anything in excess never have any value and people wouldn't even want to depend on it. So the demand would have been high with a little scarcity

 

[Mariappa45]

Shiba Inu still got potentials, the coin can still move up, it showed potential during it's earlier time when it came Live into the coin market.

 

[BullyMaguire]

Well we can't dismiss this coin and.compare the supply to dogecoin since dogecoin is unlimited it can be more than that. Also shiba is not abandoned like Dogecoin so there's hope. Although i like Dogecoin more it doesn't hurt to put some.trust on shiba too

 

[Wisdom01]

The coin is still worth it ,I think if it's pointless, am not sure if anyone would be so interested to invest in it ,it's worth it that's the reason people are purchasing it

 

[Wisdom01]

I am buying it just to sell it a day or more at least just for the aim of making little profit for the time beign. The coin wont go that much but at least lets enjoy the hype till it last

Yeah we should enjoy the hype for the moment ,so that majority who have invested in the coin would actually make gains from the coin I think

 

[Flower]

I have taken a timeout to study Shiba inu but a friend of mine traded and make lots of money from the coin. The coin looks promising.

 

[07Trinity]

Michael burry tweeted about shiba inu the dogecoin inspired cryptocurrency, 'the big shirt investor dismissed the meme token, noting the supply exceed 1 quadrillion coins.

As usual,we should not expect much from the wave of cryptocurrency,it always happens from pump to dump and we search for a new coin to attack.

 

[Niftyicon]

The coin that was dismissed has made many people who were patient enough to hodl it millionaires and I don't think it will stop anytime soon.

 

[GoldenLady]

I wouldn't be so quick to dismiss any shitcoin. They've turned people to millionaires. It's just wise to have a strategy when dealing with them.

 

[Skysaint]

For the time being, I think the coin still got potentials but my worry is that it might not be a coin to hold for long term purposes. Many people are already starting to get to know about Shiba Inu by the day

 

[Sotherefore]

A lot of people are even saying that the coin has so much supply and it will be impossible for it to reach a reasonable price but however we are waiting because as I understand even coin with so much circulating supply may have the possibility of becoming valuable

 

[btaliat]

Micheal will be right if we judge using the law of supply. For something to have value, there must be scarcity. But that is not enough reason to dump any shit coin because Shiba Inu has potential.