Shiba Inu (SHIB) Discussion Thread

[Batsute]

Just Google SEC crypto pump and dump
@Rhakim is right. You should do your own research instead of repeating online talking points and wanting people to educate you.

bytch, do your own research, as neither of y’all countered any argument I posted, but stand on some pseudo intellectual high ground.

There is no Dept of Crypto, who would be prosecuted in a pump in dump scheme for a decentralized currency, with nothing physically backing it. The only thing the US govt could do is put lean on US based crypto exchanges or get individual schemers for not paying taxes on earnings.

But keep talking out your ass.

“Although P&Ds are illegal in the stock market, there is little regulation of P&Ds in the cryptocurrency market. One reason for this is that most tokens are difficult to classify as investment or consumer products, so they don’t clearly fall under existing securities or consumer protection laws. Regulating cryptocurrencies also requires more global coordination than with other assets because tokens are usually traded globally.”


Should Cryptocurrency “Pump-and-Dump” Schemes be Regulated?

 

[DaddyFresh]

bytch, do your own research, as neither of y’all countered any argument I posted, but stand on some pseudo intellectual high ground.

There is no Dept of Crypto, who would be prosecuted in a pump in dump scheme for a decentralized currency, with nothing physically backing it. The only thing the US govt could do is put lean on US based crypto exchanges or get individual schemers for not paying taxes on earnings.

But keep talking out your ass.

“Although P&Ds are illegal in the stock market, there is little regulation of P&Ds in the cryptocurrency market. One reason for this is that most tokens are difficult to classify as investment or consumer products, so they don’t clearly fall under existing securities or consumer protection laws. Regulating cryptocurrencies also requires more global coordination than with other assets because tokens are usually traded globally.”


Should Cryptocurrency “Pump-and-Dump” Schemes be Regulated?

bytch, do your own research, as neither of y’all countered any argument I posted, but stand on some pseudo intellectual high ground.

There is no Dept of Crypto, who would be prosecuted in a pump in dump scheme for a decentralized currency, with nothing physically backing it. The only thing the US govt could do is put lean on US based crypto exchanges or get individual schemers for not paying taxes on earnings.

But keep talking out your ass.

“Although P&Ds are illegal in the stock market, there is little regulation of P&Ds in the cryptocurrency market. One reason for this is that most tokens are difficult to classify as investment or consumer products, so they don’t clearly fall under existing securities or consumer protection laws. Regulating cryptocurrencies also requires more global coordination than with other assets because tokens are usually traded globally.”


Should Cryptocurrency “Pump-and-Dump” Schemes be Regulated?

.
The Securities and Exchange Commission today charged three individuals with defrauding hundreds of retail investors out of more than $11 million through two fraudulent and unregistered digital asset securities offerings.

According to the SEC's complaint, filed in U.S. District Court for the Eastern District of New York, from approximately December 2017 through May 2018, Kristijan Krstic, founder of Start Options and Bitcoiin2Gen, and John DeMarr, the primary U.S.-based promoter for these companies, fraudulently induced investors to buy digital asset securities. The SEC alleges that, from approximately December 2017 through late January 2018, Krstic and DeMarr touted Start Options' purported digital asset mining and trading platform. According to the complaint, they falsely claimed Start Options was "the largest Bitcoin exchange in euro volume and liquidity" and "consistently rated the best and most secure Bitcoin exchange by independent news media."

The SEC also alleges that, starting in January 2018, Krstic and DeMarr promoted Bitcoiin2Gen's unregistered initial coin offering (ICO) of digital asset securities known as B2G tokens. According to the complaint, another individual, Robin Enos, working with DeMarr, drafted fraudulent promotional materials that Enos knew would be disseminated to the investing public. These materials allegedly contained numerous false statements, including that the B2G tokens would be deliverable on the Ethereum blockchain

.
John McAfee Indicted On Fraud, Money Laundering Charges In Pump-And-Dump Crypto Scheme

Just two examples fukk boy. Don’t even quote me you uneducated Neanderthal

 

[GoldenGlove]

You're misreading the post. That's like saying, "Plenty of people who play slot machines make money."

We're not talking about real crypto, we're talking about a meme-coin. Since the currency is clear to be worthless in the long-run, the combined net earnings of everyone who didn't buy at the very start is going to be negative. It's just like a casino - they're the house and y'all are the marks. The house is going to make money off the marks. Sure, "some" of the marks will get lucky and make money too, but it will be a minority - in aggregate the marks are going to lose money cause that's how the original owners are going to make it.




It "could" have been said about any crypto, but it's not true. Do your research (unless you're just trolling to play the marks).




So are you a dumb mark or one of the guys playing the marks?



People on this thread literally making their first cypto "investment" on worthless shyt.

Word. So you're saying the key is getting in super early right?

 

[Originalman]

@mannyrs13 hey homie let us know what color private plane you getting breh.

And when you buying that private Island in the Caribbean.

 

[RareHunter]

Breh that leash coin goin 5.5k a coin. I was like how I missed the boat?

 

[Originalman]

2 new listings today

 

[Batsute]

Just two examples fukk boy. Don’t even quote me you uneducated Neanderthal

Again you slope headed fakkit, completely ignore context, and not understand the difference between fraud, securities, and ICOs.

Learn how to not double quote and don’t me quote again you miserable pos.

 

[ORDER_66]

Breh that leash coin goin 5.5k a coin. I was like how I missed the boat?

Yeah leash came out early and super expensive off the bat so early adopters had first dibs and this since it's a limited supply the price went crazy. bone wil be similar....

 

[™BlackPearl The Empress™]

They doing u.s. users grimy no matter where you bank chase has a similar thing where they won't let you buy from Alibaba... For fear of being hacked.

Capital One let's me do it no problem

 

[mannyrs13]

@mannyrs13 hey homie let us know what color private plane you getting breh.

And when you buying that private Island in the Caribbean.

With how today going, this one:

 

[Professor Emeritus]

You telling me you telling us people don't lose their money in stocks nikka?!! you talking about you trying to help the newbies ok so. you sound ridiculously condescending... keep your shyt simple...

The stock market is based on underlying value and improves in value over time. Meme coins are essentially a pyramid scheme that relies on marks buying late so the OGs can cash out early.

The fact that anyone would even equate them is why i posted.

Word. So you're saying the key is getting in super early right?

By "super early", meaning ideally before it's even popular. And even then you have to cash out at the right time.

Crypto currency with underlying value in transactions can gain in true value over time, though they're subject to huge swings and can potentially crash with regulatory changes. Crypto based on celebrities or memes is just a scam with a few winners and a lot of losers.

 

[™BlackPearl The Empress™]

Wrong thread

 

[ORDER_66]

The stock market is based on underlying value and improves in value over time. Meme coins are essentially a pyramid scheme that relies on marks buying late so the OGs can cash out early.

The fact that anyone would even equate them is why i posted.

You said all of that's and still didn't answer my question... so I guess dogecoin was a pyramid scheme too huh even though it went to .70 cents... You guess Shiba is the same thing huh?!? you just solid In Your opinion.

 

[Sinnerman]

With how today going, this one:

 

[null]

Well, I've started doing research on crypto this week, but as far as this goes, this was what, 60 bucks I tossed into something that the coli brehs are pushing, who gives a shyt?

I really just wanted to get familiar with the crypto buying process than anything else