>Pump starts at 8:00am on a monday in Beijing
Just so you guys know, link is being pumped from china.
CHINA LINK
Mason Wright
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Andrew Thomas
bump. You faggots should know this.
Parker Hall
maybe bro. maybe.
Lucas Ortiz
We already knew this a few days ago user
Colton Rogers
Just so you know China is very close to collapse and they are trying to get their money out of the country and using a partnership as cover for that. Its similar to the original banking crisis that mooned Bitcoin.
Their country is underwater, their gold is fake, their banking is collapsing and the CCP has prevented people from withdrawing cash without appointment and with limits because of bank runs. They are facing the biggest famine they have ever faced as nearly a million Hectares of their land has already been ruined by flooding in the past month. Their other crops are being devoured by locusts and swine flu is culling their livestock.. China is collapsing and they are trying to move their cash into crypto.
Remember this for later.
Thomas Hall
t. mutt
Lincoln Miller
We knew that the chink government was going to use chainlink. However, we do not know why it's pumping right now. I don't think it is a coincidence that we are pumping at the same time those chinese faggots are waking up
Bentley Martinez
Refute any of the claims made.
Wyatt Myers
so...buy what...Bsv??
Joseph Barnes
don't interact with euros. They are either with their fellow whites or they aren't. Can't talk sense to them.
Camden Long
China is invested in crypto. If they go everything may pump crazily as anyone who is able tries to move their money out. Or given that the CCP owns quite a bit of Crypto itself they may crash the market to prevent capital outflow.
Its unknown what will happen. Just that China is in a precarious situation and this is likely a result of that. Rich Chinese with party connections are moving their money.
Ryan Wright
Chinamen-language speaking user from HK here, from info that are floating around in China net is that the recent US sanctions on Chinese banks are stopping those banks from accessing the US dollar, causing a liquidity crisis which is big trouble for those banks. People in China who knows about this are worried that their banks might stop them from moving or withdrawing their money when SHTF and thus have been either trying to move money out of those banks that are sanctioned or have been putting those money into stocks, which is causing a bubble as you can see in pic related.
In the past days I've been hearing about people making over 100k's of money overnight thanks to stocks and now they are taking their profits, but since the banks are still fucked they are instead putting their profits into crypto which is causing crypto to boom right this moment. What this means in the short term I'm not sure but make of that what you will.
Andrew Ramirez
This was something else I forgot. The HK sanctions which is another aspect of it. Its impossible to tell where this is going but its obvious where it came from.
Bentley Anderson
>causing crypto to boom
Ok, but why would link boom 100% in less than a week but everything else is just sizzling. You're either larping or there's something not being considered here.
Jacob Mitchell
how do you get here? bad genetics or retardation?
Joseph Gonzalez
>100% in less than a week
link is actually decent
Wyatt Perez
The likely case is China has "approved" of Link and its an easy avenue for investing. This is a situation in which I really don't know if that is the case. I can tell you all the issues China is having and why its almost certainly the cause of money being moved into crypto but why Link specifically I don't know. I mused earlier that it might be a case of the partnership itself being a bullshit ploy to give Rich party officials and their families a way to get money out of the country quick.
Gavin Gomez
Why should I care though
Luis Wright
Any speculation in whether they will be investing in crypto after the sanctions if they are pulled? Long term adoption of crypto
Bentley Watson
>Sanctions are pulled
They won't be. China is treating HK as part of China and the US is treating it as China. Only way sanctions go away is if HK is free.
Levi Walker
I'm in China. Chinks are going to accumulate link. I know some Chinese big brain who had accumulate more than 50k thousand link in his personal accounts. And he has been trying to persuade others (some of them are CCP high-ranking officials) to buy in. If chinks' money come in, we will have a long-term bull run.
Austin Davis
We’re going to have to see these chinks at parties once we make it
Jose Rivera
For cases this severe, you need both.
Cameron Kelly
obviously, this pump is the delayed reaction to the BSN integration
Sebastian Cook
seems interesting that Huobi recently started running a node and I think they might be doing some stuff with BSN as well.
Brody Watson
bingo
Adrian Campbell
two reasons already answered in the thread:
-bsn
-ccp bank withdrawal restrictions
James Nelson
doesn't matter. LINK is only pumping in China because it's a working oracle solution, not because Chinese are using it to launder yuan out of the country.
also, unrelated, check out the Accidental Superpower. I swear it has basically called all of geopolitics for the last 10 years, including China collapsing because it can't continue its unlimited growth while not being able to control flooding from the yellow river
Thomas Young
>BSN integration
>delayed reaction
lol
Ayden Sanders
Nobody noticed that the pump started at the open of the new weekly candle? Maybe China is involved but it 100% blasted off the moment we closed the last candle.
Lucas Collins
Weird that tons of transactions are coming from Huobi right now too.
etherscan.io
Caleb Thompson
>"ass" ID
Jordan Campbell
you meaan basedtardation
Aaron Gutierrez
ASSSSS MANNNNNNNNN
Asher Diaz
Fuck you american trust fund baby you better not have sold for RLC like last time.