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Author Topic: I smell inside job  (Read 368 times)
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April 16, 2022, 04:59:00 AM
 #21

inside job to be honest till this date shiba team still anonymous and we dont even understand how much shitcoin that shiba dev have been made but yes shiba become one of many who sucess creating shitcoin that been listed on big cex
although shiba dev team anonymous they are good team that could bring project that called shitcoin by many investors until survive for long term and even listing at top tier 1. maybe if compare with another project,  they are doing better.

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.
maybe its whales games that have early information,i am believe insider working here. buying roumor and selling the news could done well by them.

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April 16, 2022, 05:04:23 AM
 #22

More like an overhyped project instead? Honestly the whales are just playing games with small time investors right now imo, creating hype news about the coin while temporarily forcing its price to increase, then when something that could help the hype reach it's peak, they sell and make a profit out of it.

Traders can also take advantage of it, just that you're only following the wave and not exactly starting it, so you have to know when it falls down or not. It's the usual crypto stuff tbh.

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April 16, 2022, 05:24:16 AM
 #23

Wouldn't be surprised if it was Shiba or Doge as these coins are made to bump and dump. This is how the market works so no one is to blame here. If you are the victim in this situation becoming the liquidity provider to the sharks then blame yourself instead of the blame.
Shiba is listed on Robinhood and it is completely normal for sharks to take profits. If you were a shark, you would do the same thing.



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April 16, 2022, 06:18:22 AM
 #24

well, we don't know if this is an inside job or not. however, the price of shiba is still quite cheap, so we don't know when people are interested in buying shiba in bulk. it's just, I think this kind of thing happens quite often with meme coins. people will be attracted by the price increase, then the price is dumped slowly. therefore, it is very risky to invest in memecoin. we don't know what will happen in the future. prices can rise quickly, or even fall in a short time.

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April 16, 2022, 06:52:58 AM
 #25

I don't understand what kind of inside job you're talking about the price of SHIB is down because of market situation as you can see BTC is struggling from the last couple of weeks so we can't expect something positive with altcoins so it's not surprising at all if SHIB didn't perform well after Robinhood listing although it may bring effective results in future.
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April 16, 2022, 12:39:00 PM
 #26

I think if the shiba inu is said to be a ponzi scheme it is unfair, the basis of all altcoins is the same, they go in first and leave when someone comes in. But ponzi are actually those who are really openly turning money from investments with definite profits for a predetermined period of time. Meanwhile, when we buy Shiba inu and other altcoins, we must make predictions and careful consideration, and when we lose, we have to consider it.

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April 16, 2022, 12:46:32 PM
 #27

(.....)
Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.
This is how they make money.
This is also one of the best examples of how "buy the rumor, sell the news". Yes, I admit there will be always an inside job here, this becomes normal especially these big exchanges are involved because they will always be expected to go up once the news is release to the public.

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April 16, 2022, 12:55:36 PM
 #28

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumor or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.

One of the first phrases that i heard when i first came into this forum and was looking up other stuff about crypto was "Buy the rumor, sell the news". So what happened with Shiba Inu and the Robinhood listing is nothing new. I mean i am pretty sure that a handful of people where directly involved in the negotiations between robinhood and Shiba Inu regarding the listing and all those people could have told anyone that they know about it, so i guess for the whales with good connections it was not to hard to find out that a listing might be imminent. Then after the news came out and Shiba Inu's price went up 20% they sold off. It's always the same.
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April 16, 2022, 01:17:27 PM
 #29

What can we do if Shiba is indeed the biggest Ponzi scheme? If you don't want to get involved in it, then you shouldn't invest in Shiba and choose other coins for investment. I see many people continue to invest in Shiba because they see an opportunity to make a profit. But I'm not sure if insiders caused the decline in Shiba prices but that's because the crypto market is experiencing a decline. You can see what happened to the other coins, a lot of them went down and even bitcoin went down.

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April 16, 2022, 01:35:11 PM
 #30

What can we do if Shiba is indeed the biggest Ponzi scheme? If you don't want to get involved in it, then you shouldn't invest in Shiba and choose other coins for investment. I see many people continue to invest in Shiba because they see an opportunity to make a profit. But I'm not sure if insiders caused the decline in Shiba prices but that's because the crypto market is experiencing a decline. You can see what happened to the other coins, a lot of them went down and even bitcoin went down.
what the OP pointed out is not completely correct. I think insider or not, that's how the meme project works. they are trying to get their tokens to be talked about and bought by a lot of people. and Shiba I think managed to do it.
you are right, if you have doubts and have suspicions, the OP should distance himself from the token. the most important thing is not to feel confused when what we have analyzed or guessed does not match what is happening in the market.



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April 16, 2022, 01:40:43 PM
 #31

In my opinion, if you buy a meme token, you have to use cold money and be prepared to lose whatever it is. for the price movement to go down because there is a skewed issue, I don't focus too much on it. I saw it from the daily transaction volume and the fully diluted market cap from the website https://coinmarketcap.com/ .

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April 16, 2022, 01:54:42 PM
 #32

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.
If that's how the Ponzi scheme works then even coins that whales are buying can be considered Ponzi you have to update yourself or get the right fact about how Ponzi works, you can buy anytime and you can sell anytime there's no guaranteed profit, this is trading and when you are trading you will get to know all the information about the coin you're investing, directly from their community or chat board, that is why they are buying.

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April 16, 2022, 03:27:39 PM
 #33

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.
I do not doubt that either, there is something fishy that is going on with Shiba Inu, they had big investors right from the start and they were getting more exposure and exchange listings from the start and their developers are still unknown and i will not be surprised if there will be wash trading going on in the background and i have seen some gambling sites accepting Shiba Inu which was strange but that is how the market is, really unpredictable  Cheesy.
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April 16, 2022, 03:39:15 PM
 #34

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.

Look at it this way,  there is upcoming news.. what would investors do?  Of course, they will buy into speculation that the price would spike when the listing event happens.  But bear in mind that in the history of cryptocurrency, not all listings in exchange create an increase in price.  There are several altcoins that were listed on a very good exchange but suffered a huge decline in price right after they were listed.  I think it isn't an inside job that the price of Shiba Inu goes down right after it was listed on the Robinhood exchange.  It is probably because several investors were disappointed with the market movement when Shiba Inu was listed on that exchange and sold their holdings due to frustration.
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April 16, 2022, 04:07:09 PM
 #35

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba is listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.

That's how really crypto works and how most investors deal with it. It doesn't mean that if a coin is being listed on a new exchange, it would pump and reach a good price right away. Whales always take advantage of every market situation even huge project events like a new listing and that doesn't make a project a Ponzi scheme.
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April 16, 2022, 04:10:26 PM
 #36

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.
that's 100% insider trading. That doesn't exactly mean that it is a ponzi scheme, far from it, if anything it's an overhyped crypto that's been on a downtrend lately and whales saw an opportunity to make a quick buck off it thanks to the insider

This literally happens all the time in the cryptosphere, hell, there's allegations of possible insider trading from Coinbase right now https://mobile.twitter.com/cobie/status/1513874972552355846
and again, it doesn't mean those cryptos are ponzi schemes, they're just shitty vaporware that are easy to manipulate (PumpAndDump) if you are well-connected (whale groups, insider info, etc)
This is the correct answer, whales are just manipulating the market as they want as they have the power to do so, such a thing is illegal almost everywhere around the world but since the market of cryptocurrencies is still at an early stage and it is difficult to regulate what happens here then whales can get away with almost anything, so price manipulation is something that is not a big deal for them, which is one of the reasons why people need to avoid the majority of altcoins as they can be manipulated at will by the whales.
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April 16, 2022, 04:12:03 PM
 #37

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.
I've known crypto for a few years, it's enough to see the situation and the game, the way they play the game, the problem that happened to shiba has never happened to other coins, just look at the next few months if shiba is registered in Robinhood, it will experience an increase.

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April 17, 2022, 03:48:10 PM
 #38

Don't get it twisted crypto market 9s are always like that the are times when a particular coin/token will get extremely pumped to the point of making a new all-time high that is familiar with most meme coins which Shiba inu is one of them. These coins are created as a joke and can easily be pumped by the team or any whales that want to fill his bag. Shiba inu right from time has been one of the most active meme coins after the 🐕 dog coin so there are whales in the Shiba inu network who want to pump the market at this point.
It’s a regular thing in the market , if you don’t want to experience it the only thing you’re going to do is to avoid all these coins that has a smaller market cap, because they are always going to be fluctuating that much. Coins with smaller market cap can easily be manipulated by all those whales, which is why Bitcoin remains a solid choice these days because nobody can do that.

But anyways, that’s not enough reason to avoid altcoins, because there are still so many good coins that we can find in the market. And the fluctuation will always occur, the market will not only run up, there will be times it will fall.

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April 17, 2022, 04:29:31 PM
 #39

Wouldn't be surprised if it was Shiba or Doge as these coins are made to bump and dump. This is how the market works so no one is to blame here. If you are the victim in this situation becoming the liquidity provider to the sharks then blame yourself instead of the blame.
Shiba is listed on Robinhood and it is completely normal for sharks to take profits. If you were a shark, you would do the same thing.
No one can be blamed in terms of investing, let alone trying to blame others, because basically the investment that is started must have a good understanding, both shiba inu and dogecoins are altcoins, this must be understood, their concept is not the same as other potential coins, so I think it is the investment pattern that must be corrected, because if the investment we make is based on people's reactions, this can actually make us lose under any circumstances
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April 17, 2022, 06:14:08 PM
 #40

It looks like Shiba inu is the biggest Ponzi scheme of them all, if not why look like it? Whales kept buying billions and billions of Shiba inu tokens since last week like they heard a rumour or something and now Shiba listed on the Robinhood exchange then the price starts going down, tell me this is not an inside job.

Could you share announcement with us here or post a link to share with the information with here. But mostly sincerely speaking altcoin or cryptocoin must not remain static due to up and down movement of the market. If Shiba goes down after listing doesn't really show it's a scam or something else but mostly information has been shared underground and wanting to dump the market enabling the whales to buy more before any pump or the next pipelining.

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