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/biz/ - Business & Finance

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27854009 No.27854009 [Reply] [Original]

So what happened with hotbit, the price tells me they didnt hold up their end of the bargain

>> No.27854344
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27854344

And i haven't seen any follow up comments from the samurai himself either

>> No.27855205

>>27854009
As of right now they are giving Ryoshi the run around. They asked for more time to "build supply" until Sunday. The Hotbit wallet address for $SHIB is this:

https://cn.etherscan.com/token/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE?a=0x274f3c32c90517975e29dfc209a23f315c1e5fc7

No transactions yet. They're going to be forced to cover eventually, they'll probably just bleed people as much as possible until then.

Either way it doesn't really matter in the long run. They stole some $SHIB network traffic, but it doesn't make any difference on the development of the platform. Just sucks seeing chinks steal our shit.

>> No.27855993

>>27855205
Ryoshi better do something or he'll lose credability

>> No.27856284

>>27855993
There isn't much he can do. Lawsuits for a chink exchange won't go anywhere. The best we can do is spam the shit out of coingecko and coinmarketcap to tell them what they're doing for a potential temporary delist. It worked on MXC in the past, and it can work on Hotbit.

Either way Hotbit is large enough that they will definitely let you get your shit out eventually, they just need to make enough from it first.

>> No.27856510

>>27856284
so is hotbit holding SHIB hostage?

>> No.27856780

>>27856510
Not at all, they're just trading a coin they don't own. Anyone that uses the platform is trading and owning nothing until Hotbit buys the supply they need for people to withdraw.

It is leeching users of $SHIB that it would otherwise have (about 3.4 trillion $SHIB worth of daily volume at minimum). Still a relatively small amount compared to DEX. If they continue to fuck around and never let people get out, that just sucks for anyone that bought, but doesn't make a difference in the long term for $SHIB.

>> No.27857009

>>27855807