I have a feeling that the merge will give us a the desired spark. Hope so! It means that it's time to pick some real stuff , not retarded insidoooor larps!
A list of my personal red flags for fresh projects. If any of these present it will either be a scam, or you are likely buying the top and will be exit liquidity for the others unless you sniped it.
🚨🚨🚨
1. Dev doing ens before launch
2. Dev doing buybacks and stressing that
3. Launch is heavily botted
4. Your favourite callers say smth like "just came across", "someone sent me", "trying to find socials" etc about 100k MC in a second gigasniped project.
5. 0 tax, burned liquidity (may be exceptions, but in general it's a red flag for me)
6. Any type of larp of course
7. "Ruggable" contract, no fee limits for example, need to learn how to read code tho
8. NFT marketplace
9. *tokenname*swap, remember, even shibaswap is barely used
10. Capitalization on "team has experience in taking projects to 10/100/100500 bil MC"
11. Very high starting liquidity on a noname shitcoin
12.Dev burning supply from start
🚨🚨🚨
Even a project with all those red flags present may do some Xes, no doubts, just don't overestimate those. Every day I see in people chats bagholding such shit, saying "this goes to 5/10/100 mil mc". No bro, it doesn't. Take out initials at least.
Stay safe!
Will add some more if smth else comes to my mind.
🚨🚨🚨
1. Dev doing ens before launch
2. Dev doing buybacks and stressing that
3. Launch is heavily botted
4. Your favourite callers say smth like "just came across", "someone sent me", "trying to find socials" etc about 100k MC in a second gigasniped project.
5. 0 tax, burned liquidity (may be exceptions, but in general it's a red flag for me)
6. Any type of larp of course
7. "Ruggable" contract, no fee limits for example, need to learn how to read code tho
8. NFT marketplace
9. *tokenname*swap, remember, even shibaswap is barely used
10. Capitalization on "team has experience in taking projects to 10/100/100500 bil MC"
11. Very high starting liquidity on a noname shitcoin
12.Dev burning supply from start
🚨🚨🚨
Even a project with all those red flags present may do some Xes, no doubts, just don't overestimate those. Every day I see in people chats bagholding such shit, saying "this goes to 5/10/100 mil mc". No bro, it doesn't. Take out initials at least.
Stay safe!
Will add some more if smth else comes to my mind.
I haven't been calling any shitcoin for quite a long time, cause I kinda don't wanna be that guy pumping his own bags. But I still degen almost every day, buy some rugs, ape tops, sometimes win. Are you interested in this or just leave as it is?
Anonymous Poll
73%
Yes, share some degen plays plz
27%
No, leave as it is. Enough "calls" around
Shitcoin Guru
I haven't been calling any shitcoin for quite a long time, cause I kinda don't wanna be that guy pumping his own bags. But I still degen almost every day, buy some rugs, ape tops, sometimes win. Are you interested in this or just leave as it is?
Almost shared a project that turned out to be a rug lol.
I see the results, will think about it👌
I see the results, will think about it👌
Sooo, what do we see? Zero out of "Ryoshi involved" larps were true, but people still blindly ape every new one
Here's a good quote about it:
"Insanity is doing the exact... same fucking thing... over and over again expecting... shit to change..."
Here's a good quote about it:
"Insanity is doing the exact... same fucking thing... over and over again expecting... shit to change..."
Getting some DM's about this "new meta" of projects, buying validators, proposing staking etc. Here is my opinion on this.
TLDR: if you want passive income, find something else.
So let's do basic math. One validator is 32 ETH and has APY of about 5%. This number will decrease as more validators will appear on the network.
So let's say you are sort of a whale in such project and own about 1% of supply and you staked it all. ((32 + 5%)-32)/100 = 0.016 ETH
So each validator owned by a project will bring you about 0.016 ETH profit a YEAR!!!
And now try to calculate your personal APY if you bought 1% of supply at, say 3 mil MC. And compare that to just staking those money on Lido. Nuff said
As always, DYOR on everything, do some math and make your own decisions. Cheers!
P.S. I wonder if devs of such projects know, what slashing is 😂
TLDR: if you want passive income, find something else.
So let's do basic math. One validator is 32 ETH and has APY of about 5%. This number will decrease as more validators will appear on the network.
So let's say you are sort of a whale in such project and own about 1% of supply and you staked it all. ((32 + 5%)-32)/100 = 0.016 ETH
So each validator owned by a project will bring you about 0.016 ETH profit a YEAR!!!
And now try to calculate your personal APY if you bought 1% of supply at, say 3 mil MC. And compare that to just staking those money on Lido. Nuff said
As always, DYOR on everything, do some math and make your own decisions. Cheers!
P.S. I wonder if devs of such projects know, what slashing is 😂
Just joined POS-32 TG. Will I get banned for asking legit questions? About Shanghai update for example xD
Anonymous Poll
39%
Insta ban
42%
No, they will talk to you, then ban for "spreading fud"
18%
No ban, legit team, LFG 1 bil project
Shitcoin Guru
Just joined POS-32 TG. Will I get banned for asking legit questions? About Shanghai update for example xD
So those who voted for the second option, won, ggs 😂
Did that experiment just because was bored a bit, but the conclusion is bad.
Pity to see that people blindly believe in every shit their "favourite callers" and "based teams" tell them. All the info about staking and the rewards is open, doing the math takes less than a minute.
Very convenient for the devs to be somewhere away, managing the announcement channel so no one can talk to them publicly.
That's one of the reasons of the current market condition. No one does any research, just ape. I don't mind aping a memecoin PnD, it's fun, sort of a casino, get some emotions, maybe earn some money.
But these false utility projects are much worse IMO.
Many people will lose a lot, believing in those false promises thus driving the volume from the market to the dev's and insidooor's pockets.
I wonder when this will end, I guess never.😢
Did that experiment just because was bored a bit, but the conclusion is bad.
Pity to see that people blindly believe in every shit their "favourite callers" and "based teams" tell them. All the info about staking and the rewards is open, doing the math takes less than a minute.
Very convenient for the devs to be somewhere away, managing the announcement channel so no one can talk to them publicly.
That's one of the reasons of the current market condition. No one does any research, just ape. I don't mind aping a memecoin PnD, it's fun, sort of a casino, get some emotions, maybe earn some money.
But these false utility projects are much worse IMO.
Many people will lose a lot, believing in those false promises thus driving the volume from the market to the dev's and insidooor's pockets.
I wonder when this will end, I guess never.😢
🚨🚨🚨
Avoid SAKURU token that just launched, dev is blacklisting every legit buyer who seems not to be in the whitelist. DON'T BUY!
Anyone who will call this shit is a fucking scammer and will just dump on you!
🚨AVOID!🚨
Avoid SAKURU token that just launched, dev is blacklisting every legit buyer who seems not to be in the whitelist. DON'T BUY!
Anyone who will call this shit is a fucking scammer and will just dump on you!
🚨AVOID!🚨
As you may know, mobilization started in Russia. I should be relatively safe, because "gladly" I have some health issues, but you can never be sure 100%.
This is absolute shit guys, didn't expect this to go that far. 😞 May be a bit less active, but still continuing to work on my project.
This is absolute shit guys, didn't expect this to go that far. 😞 May be a bit less active, but still continuing to work on my project.
🚨Pancakeswap added ETH support now🚨
Be aware that there's no services to lock liquidity so far, I expect a lot of scams to appear shortly.
IMO hype will last for a couple of days maybe, then will be dead. Take care and trade accordingly
Be aware that there's no services to lock liquidity so far, I expect a lot of scams to appear shortly.
IMO hype will last for a couple of days maybe, then will be dead. Take care and trade accordingly
Forwarded from Covfefe | $STREAMERINU (WILL NEVER DM FOR $)
Good morning everyone, I highly encourage you to watch the new Netflix Limited Series - Eat The Rich: The GameStop Saga.
If what we are doing here in streamerinu was never clear to you, now is your chance to SEE what the future looks like.
If you still have any doubt if a network would pick us up, this answers all.
If what we are doing here in streamerinu was never clear to you, now is your chance to SEE what the future looks like.
If you still have any doubt if a network would pick us up, this answers all.
Insidoors, using multiwallet bots are the worst for real...
Forwarded from DEGEN GEMS! REKT’S Crypto Journey
Lika and Lika Redfined don't touch. Its a serial rugger. He just made Lika Redefined and now aping it to create fomo. its a HONEY POT btw. Don't get fooled.