/biz/ - Business & Finance

[Anonymous No.54262676]

>KOY Token devs have burned over 4.631 billion Shiba Inu tokens, worth more than $50,000, in the last 10 days with even more burnings coming each week
SHIB is reviving, the market is healing

[Anonymous No.54262807]

i still don't understand how burning works but i guess this is positive for shib right?

[Anonymous No.54262815]

>>54262676
>without shibarium help
wrong, shibarium is the whole ecosystem and shyoshi helped them, this is just a big publicity stunt

[Anonymous No.54262832]

>2023
>still talking about SHIB
Those bags, how heavy?

[Anonymous No.54262880]

>>54262676
Does no one see this and think about how stupid it is to "burn" 4 trillion of a virtual currency that has no value and reflects nothing? If tomorrow the feds burned 4 trillion dollars the country would collapse but somehow the burning of this token has to mean something to me? Honestly events like this make me realize just how imaginary cryptocurrencies are

[Anonymous No.54262883]

kek shibaggies

[Anonymous No.54262886]

>>54262832
as heavy as my student debt, at least

[Anonymous No.54262889]

>>54262832
c-comedy comes in threes

[Anonymous No.54262906]

>>54262676
how do you know if they are actually burning?

[Anonymous No.54262916]

>>54262880
the whole market is imaginary bub, the burning of a token and the burning of the usd is the same in concept and means something different in practice because money "means" something to society. If not, it would just be burnt paper, nothing more

[Anonymous No.54262918]

>>54262880
>anon discovers that money is imaginary

[Anonymous No.54262988]

>>54262807
Its ultra positive, it reduces the amount of SHIB available to buy, which makes the token more valuable
>>54262832
Im a shiballionaire, soon Koyollionaire. I'd say about 20 k. Im retarded...
>>54262880
>he doesn't know
>>54262906
pic related, the shib devs confirm the burnings plus there's the etherscan transactions and each burn token reflects a burntshiba token that is stored as "proof" of the burns

[Anonymous No.54263008]

>>54262676
>135 million usd to be burned
And i thought we were supposed to be smarter than the jews

[Anonymous No.54263028]

>>54262880
Plainly wrong, anon. When you burn tokens you actually do have an impact in the market, same as the example you said. The only thing that matters here is that this doesn't matter to you, which makes explaining why burning is healthy for cryptos a pain in the ass and totally useless.

[Anonymous No.54263038]

>>54262676
WOOOOOOOOOOOOOOOH KOYOOOOOOOOOOOOOOOOO

[Anonymous No.54263044]

>>54262676
kek shibaggies

[Anonymous No.54263046]

>>54262832
as heavy as my balls which is actually not a lot KEK

[Anonymous No.54263053]

>>54262676
kek shibaggies

[Anonymous No.54263075]

>>54262906
etherscan is proof
>>54262883
>>54263044
>>54263053
you're not funny, you're not smart, and the samefagging is so fucking evident that it hurts, go touch some grass

[Anonymous No.54263106]

>>54262918
wait until he discovers that borders are also imaginary points, the government is made up and weeks and days are human constructs

[Anonymous No.54263116]

>>54262815
technically KOY isn't part of shibarium so it doesn't count

[Anonymous No.54263135]

>>54262832
20M Shib
800M Dogelon
124B Kishu

[Anonymous No.54263139]

>>54262988
who the fuck are the devs? any names? everything about KOY is still a nothingburger, we don't even know what the coin is supposed to do

[Anonymous No.54263157]

>>54263008
wrong and retarded
>>54263135
checked
>>54263139
They're sticking to the whole "hidden devs" thing so your guess is as good as mine. There's an AMA tomorrow, ask them there kek

[Anonymous No.54263544]

shibarium docs today!

a new gold rush in shibariun is about to start.

remember that is shibarioum beta so dont be a fucking imbecile and buy anything in the beta chain.