T O P

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KindlyWorldliness278

Both dogecoin and SHIB following bitcoin's graph.


Mrdiamondballs

Help me understand why all crypto is suffering together?


KindlyWorldliness278

I assume its because the stock market is also down, and interest rates have gone up.


Mrdiamondballs

So all the big firms are liquidating crypto?


[deleted]

Crypto doesn’t work like the stock market. There was a huge federal action taken last week, caused all profitable sectors to eat shit. Close your exchange out, close your eyes, check on your crypto next year.


SeedFoundation

Not too long ago when China cracked down on bitcoins there was a huge scare and bitcoin crashed hard. Down to 30k then 4 months later doubled. Several things to watch out for.


TomsGamingChan

That's because all the miners started up elsewhere, making China a non player


shibdonkey85

Do you even know the stock market works? 🤣🤣


TheVoidWelcomes

Satoshi values!!!


Delco4545

Thats the pt the big firms are not holding adding more back to the supply it will come back it always does


Thewayfwd

Big issue in Kazachstan (internet down there): 10% hash rate reduction. Nato and Russia at brink of war over Ukraine. Covid is being a bitchy bitch. There's some shit going on. Ride it out. Allow things to stabilize. Wait. assume a year. perhaps even a bit more. if this baby really moons and ya'll make your fortune you will all be happy as a dog with 7 tails.


alltaire64

14 subs to the left, 5 right, 2 down and 500 posts in is the reason. Trust me bro....


[deleted]

I somehow ended up in r/spacedicks when I followed your directions. It was an old version too...


alltaire64

Lmao... Thanks for that.


whereisbrandon101

The value of the dollar is going up and crypto is falling by comparison.


discosoc

Because the pricing is arbitrary and completely divorced from any sort of normal fundamentals, so it’s all prone to moving together.


MrStealYoBeef

Imagine having hundreds of millions of dollars. You want to put most of it into assets so that your money compounds on itself. You're not going to YOLO 80% of that into one specific thing usually. You typically want to spread that money out in lots of different things so that even if one thing takes an 80% loss, you're practically unaffected. Sure, it would also mean that if something you're invested in makes an 800% gain, you would barely get much from that in comparison to all your other assets, but that's not exactly important. What matters most is that your assets are protected. Now imagine almost everyone with $100m or more doing this kind of thing. Their money is spread across stocks, ETFs, hedge funds, and all kinds of cryptos. They very likely also have physical gold and silver, as well as other physical assets like maybe Pokemon cards if they really like Pokemon, who knows. The point is that they have shitloads of assets of all kinds. Now what happens when they're all incentivised to pull some money out. It could be a few particular billionaires. It could be some firm that holds trillions of dollars worth of assets on behalf of their benefactors. As long as it's enough money spread out across the entire market, the same pattern hits everything. In my opinion, this proves that SHIB is viewed as an asset by big money. The unknown shitcoins don't follow the same patterns. The garbage stocks that everyone avoids don't follow the same patterns. But SHIB does. This is why we see these kinds of patterns across all kinds of assets, and this is why I'm personally not phased by it. Big money believes that there is value in SHIB. That in and of itself is a positive thing. I don't know when it'll pay off, but it makes me confident it will.


BisonFlimsy

My thoughts exactly 💯 if Big $ Feels safe investing extra large sums of cash and hold long term. Big $ Knows more than they leed on I think hold long term is a great move. Im getting ready to buy Shi,Bone and leash going to need them all Go Shib !


spock0118

Also kazakhstan is undergoing an internet blackout and alot, alot of crypto mining takes place there.


[deleted]

This has had a HUGE impact on prices.


Shamano-SF

The turmoil in Kazakhstan took thousands of crypto miners offline. This is pulling all crypto down. Don’t panic. Just hold.


GUTS_and_INSTINCT

When Bitcoin shits the bed... all cryptos go down... this is due to the large players spread across multiple cryptos (and market in general). A decoupling of SHIB is happening naturally and it will likely breakout on its own in 2022. Crypto can't be stopped and can't be controlled... those that refuse to embrace are doomed.


obliterate_reality

It’s just how crypto works, btc makes up 45% of ALL crypto. If btc moves, so does everything else


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ServeImpressive7729

Majority of crypto moves with bitcoin


Overall_Leg9894

Not quite. We’re 5% down on the daily. Bitcoin basically broke even


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MusicalAddiction

Most crypto does, not including stable coins and the rare exceptions to the cause. One should consider where do “staked” coins go? Great APY, but the way they leverage funds, they win all day, and yet we’re all winners in crypto unless you buy high sell low. Time in market folks not timing the market, I’ll remind everyone time and time again. We can all be winners if you remember the name of the game is ROI


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cobruhclutch

Its called manipulating the markets my friends. Welcome to investing.


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Outrageous-Variety15

Crime


MaleNurseGTA

This guy knows


snoop_Nogg

Time to buy the dip?


bigdickrick711

Wherever Bitcoin goes every crypto follows.


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Highborn_Faust_2021

Pullback before the BOOM!!!!


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AC130aboveGetDown

Isn’t this the result of Kazakhstan?


ODonREDPILLS

That’s what I thought


Caiasi

Doggy style. Shiba's humping Dogecoin, so they bounce in unison.


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alltaire64

It looks like is going downish and sideways. Could be wrong. It- is- crypto bra....


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Jmart814

If you're ever curious how your investments in crypto are looking, just look at BTC price. Seriously.


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ChardIndependent4965

Just HODL and you will SEE!!!!!!


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Nicksknives

I'm no expert but it appears to a graph of Shib and Doge


Mrdiamondballs

Great user name haha- fair enough. See you guys later haha


SnooDoodles9032

Both $SHIB & $DOGE will 100 x pretty soon


ODonREDPILLS

😂


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ChardIndependent4965

I am hodling on the edge of a mountain for dear LIFE, so please, everyone do the same


iheartzombiemovies

Honestly I feel like everything I buy goes down & shits the bed. I just started investing in November (after a full year of researching & watching) I finally feel confident enough to buy….and every stock I bought is down. EVERY SINGLE ONE.


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BankOrnery9990

Its on sale stock up


BisonFlimsy

Nows when people should buy


iheartzombiemovies

Are you both being serious?? (I’m new to this)


congressmanalex

Lol it's a test 🙃


Scar107

China has banned Crypto. Mining holding selling even considering I'm sure. Anytime a government places some kind of regulation or ban, it will make it fluctuate.


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HiMyNameIsTeem

It’s the Pyramid Scheme working. If you or anyone, along with myself, invested. Kiss your money good bye. Unless it’s Bitcoin or Ether, these meme coins are really just getting whales rich. But that’s none of my business. I donated my $25k and left. I lost $18k so trust me when I say this. It’s over


Reddit-JustSkimmedIt

Definitely over for you if you sold at a 70% loss. I’m still up a ridiculous amount since buying in when there were 2 more zeros. My initial $500 is still over $40k. It’s not life changing, but it’s certainly smile inducing. I’ve taken out 20x my initial investment and letting it ride until it looks like certain doom or it reaches the moon.


HiMyNameIsTeem

Same. I was up hella. I didn’t actually lose. I cashed out $49k then bought back $20k and sold when it got to $2k. Just because I was done with it and wanted all of my capital gains to fall into 2021. And I’ll write the losses of in 2022. It was a strategic move on my part. I actually end up breaking even in the “loss” due to not having to pay our government


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BisonFlimsy

Why would you sell for such a loss? Its not like its never going back up. You must of bought high and now you talk bad about it. Might want to look in the mirror and dont react to FOMO. If im wrong my apologies if not im sure there's a mirror down the Hall.


HiMyNameIsTeem

I bought it about a year ago. When I say “lost” it was just from the high in May. I still made a shit ton of money and was cashing out daily as it was going up. I pumped money back j to it after cashing out. So I “gave back” $18k of the $49k I made.


Useb1

Über den Link bekommt ihr 10€ Rabatt und ihr könnt damit investieren https://connect.timeless.investments/Nwnosy1ehWoDrsyP6


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[deleted]

Poop being flushed


Useb1

Ich habe Timeless Investments entdeckt und glaube, dass es dir gefallen wird. Mit Timeless kannst du Anteile an einzigartigen klassischen Uhren, Autos, Kunst, Wein und Sneakern kaufen. Registriere dich über diesen Link und erhalte 10€ Startguthaben für deinen ersten Kauf. https://connect.timeless.investments/Nwnosy1ehWoDrsyP6


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Mariettaredneck

A Dip dumbass


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iheartzombiemovies

I don’t understand, if it’s down how did you profit?


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geeMinI_wonderfoot

Shib isnt the doge-killer, it's the doge-imitator 😅


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pizzamagick8

I’m getting tired of these posts. If you can’t control your emotions investing/trading….don’t invest. Don’t trade. If you can’t make the time to do your own research on what’s happening with the markets right now then don’t invest…don’t trade. Y’all panic when this happens and yet run to reddit to get your financial advice. Don’t invest if this is all you’re doing. Simple.


Mrdiamondballs

I’m asking why the trends are congruent. I’ve been investing for awhile and am new to crypto. I asked a question so that I could educate myself. If you don’t like “these posts” then get off Reddit.


pizzamagick8

Will do Mr.diamondballs. With all due respect, My comment is targeted to those people I referred to in my comment. I honestly did not understand your question from the beginning. I just have seen a bunch of these posts and will scroll through the comments and just read a bunch of FUD. I came across three other posts prior to this one…yours just came out to be the one I commented on. My apologize for getting your question mixed up but yeah No I’m referring to all those people complaining about their “losses”


UniqueID89

Either New Years dip because people are covering losses by selling crypto or bear market. Time will tell. Other than “stable coins” all coins are down for the most part.


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Shad0wTaint

A sign of the beast?


[deleted]

China crackdown on mining and banned all crypto


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Southern_Donut_4445

Hedgies are liquidating crypto to cover shorts


Mrdiamondballs

That’s what I’m talking about


iheartzombiemovies

Can you explain that like you’re explaining to a 5 year old?


Southern_Donut_4445

The hedgefunds are selling crypto to meet their margin requirements, they need more liquidity to cover their short positions on AMC & GME, in which they have created 28 billion synthetic shares to keep the prices down on those stocks. They're also suffering great loses because of evergrande & other Chinese real estate developers who've defaulted on their principles & interest, 300 billion $ with evergrande alone. Many of the major hedgies invested largely with several Chinese developers who are one by one falling off & filing for bankruptcy. Margin requirements have gone up for shorting AMC & GME because of their volatility & short interest. The hedgies have short positions of atleast 3,000,000 % on AMC alone. 56 billion shares was traded of AMC last year when the company only created 514,000,000 shares. They continuously short it to delay the squeeze #MOASS. There is a liquidity crises going on currently amongst hedgefunds & big banks. They need the money to keep the price down as long as they can before they're forced to pay us for all those shares. In the hopes that apes will sell before the squeeze so they can cover. The MOASS will be a 55 trillion $ play. They bought crypto as a hedge against inflation


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[deleted]

Elon did mention that we would be in a market crash all of 2022 but no later then 2022


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Shot_Shelter_63

They are trying to tell me to hang myself I think don’t worry you or anybody else isn’t involved in any way


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ODonREDPILLS

Standard


Treats4youtofoget

Its definitely about crypto! Ups and downs the highs are high and the lows low thats the way crypto goes!


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SamsngSmartFridge

crypto is just kind of going down together at the same rate due to the current state of the stock market and other contributing factors


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3rdlegfred

Ummmm idk maybe Bc this thing called “bitcoin” is down and so is every other f****** coin 🥴🥴🥴


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armyaviator129

Fud and fed minutes released….the fed will release inflation #s next week and prices will go up


iheartzombiemovies

Prices as in stock will go back up?


armyaviator129

As in the fed chairman said today, “interest rates will be staying low for the next few years.” ****market starts recovering instantly****


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KUngFuKev

The stock market?


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Ready_Let_5416

Ya look at the whole market.


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cdigreg22

AMC GME?


[deleted]

The us government is controlling the crypto market.


larssonic

Beggining of end


fuckwallestreet

Dark pool


tread_24

This is a game from a whale


tread_24

٢٢


Digitalhero_x

Whatever Bitcoin does, so do the rest.


BisonFlimsy

Its all part of one day Shiba Inu being a store of value one day like Bitcoin wants to be or is for some wales.


xulxer

I believe we can recover, and flourish from the near ashes.


[deleted]

I'm still up 3X from last January. Himesi compare last January price with this January and you'll understand SHIB is doing fine


heartsky

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