Domain: tiger-web1.srvr.media3.us GME (Gamecoin) | Page 22 | Money Talk
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re: GME (Gamecoin)

Posted on 10/15/21 at 2:48 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
23765 posts
Posted on 10/15/21 at 2:48 pm to
So with the lack of a limit buy feature this is all about money in vs. money out?

Is that essentially how the price changes?
Posted by bayoubengals88
LA
Member since Sep 2007
23765 posts
Posted on 10/15/21 at 2:52 pm to
Someone just dumped roughed 21.3 million coins for $378k

In this system you can sell without a buyer on the other end?? Is that correct? Just trying to understand.
Posted by LSUStjames
Member since Dec 2005
3523 posts
Posted on 10/15/21 at 2:56 pm to
yes, you can sell against the liquidity pool. You can see that on the right of the chart on poocoin. The LP constantly gets a small percent of every in/out transaction.

You could also invest in the LP if you want as that is coin/pair in its own right but those usually aren't as profitable.
Posted by chinesebandit56
Brusly
Member since Apr 2017
218 posts
Posted on 10/15/21 at 3:32 pm to
From my understanding of people invested in Gamecoin, you are correct.
Posted by Brummy
Central, LA
Member since Oct 2009
4664 posts
Posted on 10/15/21 at 3:40 pm to
quote:

So with the lack of a limit buy feature this is all about money in vs. money out?

Is that essentially how the price changes?

Someone can correct me if I'm wrong, but my understanding is that it's not like the sale of a stock/bond where you have a buyer and seller on both sides agreeing on the price. When you buy in, you're actually exchanging BNB for the GameCoin that's sitting in the liquidity pool and the execution price is determined by an algorithm written into the smart contract.
Posted by bayoubengals88
LA
Member since Sep 2007
23765 posts
Posted on 10/15/21 at 3:54 pm to
Yeah, this is new to me.
$44,423 buy just now and the price didn't move...
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 10/15/21 at 4:48 pm to
Thats basically it. You should be able to find a lot of information about how a dex works.

https://docs.uniswap.org/protocol/V2/concepts/core-concepts/pools
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 10/15/21 at 5:00 pm to
99.833387197630232924 isn't a nice, round number.

Regardless, nice way to add 900k shares of gme.

TAKE PROFITS!!!!
This post was edited on 10/15/21 at 5:03 pm
Posted by cfish140
BR
Member since Aug 2007
8888 posts
Posted on 10/16/21 at 7:34 am to
Contract address from their site isn’t working for me. Trying to convert smart chain binance from trust wallet on pancake swap. Any help?

Edit:nvm figured it out
This post was edited on 10/16/21 at 7:48 am
Posted by LatinTiger30
New Orleans
Member since Oct 2007
4822 posts
Posted on 10/16/21 at 11:53 am to
Looks like you're running game. This is all bullshite and you're behind it!
Posted by el Gaucho
He/They
Member since Dec 2010
58713 posts
Posted on 10/16/21 at 12:42 pm to
I thought that was really need how they donated 100k to a local athletics foundation called Rosy Finch Boyz LLC
Posted by Rize
Spring Texas
Member since Sep 2011
19099 posts
Posted on 10/16/21 at 2:38 pm to
quote:

Looks like you're running game. This is all bullshite and you're behind it!


Posted by Howard Juneau
Cocodrie, LA
Member since Nov 2007
2233 posts
Posted on 10/16/21 at 5:52 pm to
The problem with trying to get in and out of this on the dips to increase your tokens is that you lose 20% in the swap dance. Am I understanding that correctly?
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17287 posts
Posted on 10/16/21 at 5:54 pm to
Correct, but they are supposed to reduce it
Posted by Howard Juneau
Cocodrie, LA
Member since Nov 2007
2233 posts
Posted on 10/16/21 at 6:25 pm to
But only by 3%?
Posted by Rize
Spring Texas
Member since Sep 2011
19099 posts
Posted on 10/16/21 at 7:01 pm to
quote:

The problem with trying to get in and out of this on the dips to increase your tokens is that you lose 20% in the swap dance. Am I understanding that correctly?


That is the current contract but that will going away and you won’t be able to do that anymore. They had to rewrite the way reflections hit to get listed on bitmart.

If you timed it right you could have made a bunch of money but it’s always a risk.
This post was edited on 10/16/21 at 7:45 pm
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 10/16/21 at 7:48 pm to
Have you acknowledged and responded to any of the other posters claims that are factual? Or you just think this gonna moon bc “it seems like a good project”. Honestly I’m curious to know your thoughts other than, I believe in the people behind it
Posted by Rize
Spring Texas
Member since Sep 2011
19099 posts
Posted on 10/16/21 at 8:44 pm to
quote:

Have you acknowledged and responded to any of the other posters claims that are factual? Or you just think this gonna moon bc “it seems like a good project”. Honestly I’m curious to know your thoughts other than, I believe in the people behind it


What is factual?

Let’s start there.
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 10/16/21 at 8:48 pm to
You checked the links to the wallets the people have been posting? It’s on a public blockchain. Are you just claiming ignorance here? Quit deflecting and give some realistic views on this. The pumpers have only said “it’s a good project”

ETA. It really sucks a lot of ppl that are clueless are going to lose what they thought was a lot of money. Got ppl putting in their savings on this and about to get fricked. I don’t like that
This post was edited on 10/16/21 at 8:50 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11545 posts
Posted on 10/16/21 at 8:50 pm to
quote:

It’s on a public blockchain


Where you can read the smart contract, which is the worst I've ever seen. It makes Safemoon look like Ethereum.
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