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Started By
Message
re: GME (Gamecoin)
Posted on 11/2/21 at 11:26 am to SundayLeger
Posted on 11/2/21 at 11:26 am to SundayLeger
Haha. How charitable of them.
0
Posted on 11/2/21 at 11:29 am to SundayLeger
Ahhh, so the two business owners just dug into their rich pockets and gave it away, along with the cool million to the American Cancer Society.
Two owners, one whom is a local jack of all trades guy who formerly had grass cutting/maintenance business, and the other owner works for a portable toilet company.
Wait, I thought they personally couldn't sell any of their tokens at all for two years? Where is this cash coming from that they are giving away and gifting to other coin holders?
Posted on 11/2/21 at 11:30 am to OhOhCrpto
Are you the same alter that came in here saying you had compromising pictures of illegal activity?
Posted on 11/2/21 at 11:33 am to LSUStjames
You got a link to the telegram?
Posted on 11/2/21 at 11:35 am to OneMoreTime
Posted on 11/2/21 at 11:35 am to OhOhCrpto
quote:
one whom is a local jack of all trades guy who formerly had grass cutting/maintenance business, and the other owner works for a portable toilet company
Posted on 11/2/21 at 11:51 am to OhOhCrpto
quote:
Wait, I thought they personally couldn't sell any of their tokens at all for two years? Where is this cash coming from that they are giving away and gifting to other coin holders?
It’s not founders who can’t sell its wallets over 500mm. I’m sure they have second smaller wallets under 15 million, and a burn wallet at $750 million
Posted on 11/2/21 at 11:58 am to OhOhCrpto
Obviously I can’t comment on the founders personal financial situations because I’m not a founder. If you have access to this information please enlighten us. As far as the tokens they are not technically selling them. They are giving them away. The liquidity is still the same whether they are in their wallet or everyone else’s
Posted on 11/2/21 at 11:58 am to Rust Cohle
quote:the big wallet that sold had 5.39 billion coins. Guess they weren’t actually locked up.
It’s not founders who can’t sell its wallets over 500mm. I’m sure they have second smaller wallets under 15 million, and a burn wallet at $750 million
This post was edited on 11/2/21 at 11:58 am
Posted on 11/2/21 at 12:01 pm to OneMoreTime
quote:
the big wallet that sold had 5.39 billion coins. Guess they weren’t actually locked up.
Where are you seeing a wallet selling that many coins...
Posted on 11/2/21 at 12:10 pm to ForeverLSU5
quote:here LINK
Where are you seeing a wallet selling that many coins...
This is the team’s wallet where they sold all the coins to pull liquidity. If it were properly locked (like they said it was), they would not have been able to sell them.
Posted on 11/2/21 at 12:14 pm to OneMoreTime
That's not someone selling, that is them moving the liquidity so it can be available on new token.
Posted on 11/2/21 at 12:20 pm to OneMoreTime
What day did they say the wallets would be locked?
Posted on 11/2/21 at 12:24 pm to ForeverLSU5
quote:That is someone selling. That’s the only way they could move liquidity.
That's not someone selling, that is them moving the liquidity so it can be available on new token
Posted on 11/2/21 at 12:30 pm to Meezy
Wallets not locked until new contract in place.
Posted on 11/2/21 at 12:40 pm to OneMoreTime
Lock up doesn't start until November 4th when the new coin goes live. This was posted in the telegram group last week
Posted on 11/2/21 at 12:46 pm to OneMoreTime
quote:
That is someone selling. That’s the only way they could move liquidity.
What is the liquidity pool? Sold tokens available to buy?
Is it where all sold coins go, and bought coins come from? If it’s one wallet, would it have to be bought to move, or if one owns the wallet they should be able to just transfer the pool, not initiating a transaction and effecting the chart.
Posted on 11/2/21 at 12:57 pm to Rust Cohle
This is an outline of a Rug pull, pump and dump, and liquidity scam.
How is what happened with GME any different than the below?
LINK
How is what happened with GME any different than the below?
quote:
Liquidity scam
The most common type is a liquidity scam. This fraud involves listing the alt-coin on a decentralized exchange (DEX) and pairing it with a top cryptocurrency technology, such as Ethereum (ETH). The sequence of events in a typical rug pull would then continue as follows:
The token creators copy an existing, public smart contract code and issue a platform token. Then, they create hype for their project and add liquidity of the token to a DEX, like Uniswap, Pancakeswap, or Sushiswap. DEX’s allow users to swap tokens without any intermediaries. The paired tokens are locked in a smart contract called a liquidity pool. Using the DeFi exchanges, customers swap their tokens for the platform token.
With the token developers and initial platform users investing in the project, more and more people start seeing it as an opportunity to “get in early.” Once the token becomes popular and increases in value, the project owners dump their stake all at once to make a profit. This pump and dump leaves other investors with worthless cryptocurrency tokens and no option to get their money back.
LINK
Posted on 11/2/21 at 1:16 pm to OhOhCrpto
quote:
Two owners, one whom is a local jack of all trades guy who formerly had grass cutting/maintenance business, and the other owner works for a portable toilet company.
What are their names?
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