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0.1 ETH to $30M in 46 days

bscscan.com

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Re: 0.1 ETH to $30M in 46 days

#4
This is inscrutable to anyone not familiar with whatever that site is and the underlying systems and terminology.

Someone should write a blog post or something to explain it, then link that here so we can all be in awe, or outrage, together.

Re: 0.1 ETH to $30M in 46 days

#5
post #4

This is inscrutable to anyone not familiar with whatever that site is and the underlying systems and terminology. Someone should write a blog post or something to explain it, then link that here so we can all be in awe, or outrage, together.

Either way I think I have seen more than my fair share of 'this person got absurdly rich absurdly quickly doing absurdly little work' content recently.

Re: 0.1 ETH to $30M in 46 days

#7
Ah yes, the SAFEMOON literal Ponzi scheme. Beautiful.

Number go up, number go down. But damn, look at that chart https://coinmarketcap.com/currencies/safemoon/. It’s one of the cleanest looking pump-and-dumps I’ve ever seen.

This is not something to celebrate or condone. A lot of people who don’t know better are losing their savings trying to play along with the hype.

See https://stockhead.com.au/cryptocurrency/this-is-a-scam-crypt... or https://www.benzinga.com/markets/cryptocurrency/21/04/207213... for more.

Re: 0.1 ETH to $30M in 46 days

#10

Ah yes, the SAFEMOON literal Ponzi scheme. Beautiful. Number go up, number go down. But damn, look at that chart https://coinmarketcap.com/currencies/safemoon/ . It’s one of the cleanest looking pump-and-dumps I’ve ever seen. This is not something to celebrate or condone. A lot of people who don’t know better are losing their savings trying to play along with the hype. See https://stockhead.com.au/cryptocurrency/this…

Exactly. That is a text book example of a pump and dump ponzi scheme.

This gives the SEC another reason, to 'protect' the retail investor by introducing regulations for cryptocurrencies.

So from here, I know that a lot of investors will become expensive bag holders from this. Just like the Bitconnect scam in 2017.

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