Shiba Inu (SHIB) Discussion Thread

[The D-List Vet]

Ya'll hear about the Chinese ban on crypto?

Link?

 

[Breh13]

China Bans Crypto? 8 Things to Know About the China Crypto News

China Bans Crypto? What to Know

• According to the report, China has banned financial institutions from providing services relating to cryptocurrency transactions.
• Specifically, impacted institutions include banks and online payments companies.
• These institutions may not help with crypto registration, trading, clearing and settlement.

• Importantly, Reuters says this China crypto news comes from a joint statement of the National Internet Finance Association of China, the China Banking Association, and the Payment and Clearing Association of China.
• Investors should note that at this time, China has not banned individuals from holding cryptos.
• It seems the impetus for this decision is the recent volatility of Bitcoin and other cryptocurrencies. Recent days have knocked $20,000 off Bitcoin prices and more than $500 billion from the entire crypto market.
• These industry groups say this volatility endangers consumer property and financial safety.
• Importantly, investors should also note that this is not the first time China has taken a stand against cryptocurrency.
• For instance, in June 2019, the government blocked access to domestic and foreign cryptocurrency exchanges as well as initial coin offering (ICO) platforms.
• Because of this, some on Twitter are dismissing the latest report, causing “China FUD” to trend.
• At the time of writing, Bitcoin is trading hands for just over $43,000.

 

[mannyrs13]

So much market manipulation.


They hate seeing us winning.

 

[Breh13]

So much market manipulation.


They hate seeing us winning.

Insane.

The AMC thing as well. End of the day get in quick and leave. These rich elites will always win in the end.

 

[ORDER_66]

 

[Breh13]

 

[Kokoro]

Up to 6 million now

 

[ORDER_66]

 

[ORDER_66]

Shiba Swap launch very soon???

 

[RareHunter]

Why is the entire market down bad?

Also any brehs heard of space soldier and ethereumMAX (EMAX)?

 

[mannyrs13]

Why is the entire market down bad?

Also any brehs heard of space soldier and ethereumMAX (EMAX)?

I'm in emax. @Astroslik called it out in the btc thread. Been holding its own so far during tonight's dip.

Who knows what's going on with the market. Hopefully a bounce back comes soon. Just gotta be patient.

 

[I Really Mean It]

I think the market is down because of GME & AMC.

1) FOMO is driving retail investors to sell their crypto and buy shares in both before they blow.

2) Hedge Funds liquidating their crypto holdings to cover the cost of the millions of calls the SEC is now forcing them to cover. They’ve lost almost a billion in their failed fight with the GME and AMC “apes.”

AMC & GME is going to cause a massive crash of stocks and crypto. Probably going to require a bailout, with the amount of money HF will have to pay investors.

 

[I Really Mean It]

negged by some clueless nobody who’s done zero DD and TA. Go to the GME and AMC reddit forums to see for yourself actual evidence that HFs are liquidating crypto because of these squeezes. Why get mad at me for relaying shyt that’s actually being reported on CNBC and Fox?

 

[NotaPAWG]

negged by some clueless nobody who’s done zero DD and TA. Go to the GME and AMC reddit forums to see for yourself actual evidence that HFs are liquidating crypto because of these squeezes. Why get mad at me for relaying shyt that’s actually being reported on CNBC and Fox?

Wasnt AMC supposed to go to 10k months ago you said

shut up bruh. Stop dikkridung WSB

 

[Project Pooch]

Damn this shyt tanking