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RE: My criticism of SHIB coin (Shiba Inu)

in LeoFinance3 years ago

About the chart: I literally took the screenshot at the time of the posting

About SHIB: You are free to invest. I prefer to not invest in neither SHIB (because of Ethereum fees that I post every time) nor DOGE because it is a meme, and it has high inflation as you said.

About inflation: Hive (blockchain) also has high inflation, but thatdoes not stop me from buying and vouching for this blockchain.

In the past, I liked taking risks, but recently I prefer to invest in stuff that is not hyped. If SHIB works for you and you can afford the network fees, congratulations, but I can't until Ethereum fees drop.

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About the chart, I took this chart pic today too? It doesn't resemble the chart you posted?
Screenshot 2021-10-28 at 2.48.55 PM.png

You are correct. I just compared the timeline (y axis) of our charts and I may have accidentally clicked and messed up.

My chart is showing only until April. Thank you for the attention to the detail and for pointing out.

That said I don’t think such a huge downvote is deserved for this, but I appreciate the feedback.

O.K. I will undo the flags.

Yeah HIVE pretty much sucks too, look at the price, it never goes up. Inflationary coins suck. The inflation on HIVE goes down in the long run so I'm not as worried. SHIBA is one of my only winners, I don't like fud posts about shiba, hope you don't take it personally. Would have done the same to any shiba fud post, cause I'm part of the shibArmy. I don't buy it on ethereum either with the fees. SHIB is on the BSC network you know. It's possible to buy SHIB without paying high fees. Once they get their own blockchain going next year to leave eth it probably will moon some more. like the rest of the way to 50 cents and flip the price of doge next even.

I think the FUD is in the eyes of the reader. I explained in the post my reasons to buy were transaction fees on Ethereum. If it is on BSC it solves the fees problem. Still, you saying "shibArmy" makes me even more worried that the coin might be overhyped for my risk tolerance. If I did not buy during the small dump it had this week I wouldn't buy during the pump it is having now, but who knows, some people like/profit betting on breakouts and the price discovery that comes after it.

But again, hype is subjective, just like risk tolerance.

O.K. I unfollowed you, and put you on my mute list, so we shouldn't have a problem any more, I will avoid your postings. I don't wanna talk about it any more, because I don't want your negative attitudes to leach onto me. Your whole post has done nothing but stir pop negative stuff. Good Bye!

O.K. fine, sorry. I over reacted. I mistook it for fud.