- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: GME (Gamecoin)
Posted on 11/6/21 at 3:54 pm to HeadyMurphey
Posted on 11/6/21 at 3:54 pm to HeadyMurphey
Is it likely that the code for the new contract is glitchy?
1
Posted on 11/6/21 at 4:02 pm to Beef Tips
Well they locked it down.....
Posted on 11/6/21 at 4:04 pm to CarRamrod
Locked down trading? Why? I didnt know that was possible with crypto.
Posted on 11/6/21 at 4:06 pm to Beef Tips
quote:
@everyone GMEX Holders: After a challenging few days we find ourselves having to make a quick decision to temporarily locked down our platform. It appears that we are experiencing an arbitrage exploit. Given the potential seriousness of the situation, and our unwavering commitment to each and everyone of you, a temporary freeze will give us time to confer with the development team and remedy the situation. Please know we are doing everything possible to resolve this issue quickly.
Posted on 11/6/21 at 4:11 pm to CarRamrod
if they are so committed why is my wallet still locked after 4 days of requesting it to be unlocked with 200k coins sitting in it?
Posted on 11/6/21 at 4:14 pm to Beef Tips
It’s almost as if a couple clowns who have never done this before are at the helm.
Posted on 11/6/21 at 4:15 pm to LSUStjames
To keep you from selling. Obviously.
j/k. I hope it gets sorted out because that would piss me off too.
j/k. I hope it gets sorted out because that would piss me off too.
Posted on 11/6/21 at 4:16 pm to hookfin
Manipulation at its finest. Every other token who identify themselves as a shitcoin has it more together than this. It will bite them in the arse.
Posted on 11/6/21 at 4:19 pm to Beef Tips
quote:admin keys. They can do whatever they want. Major counterparty risk. Locking wallets so they won't sell days ago, and still according to someone in this thread.
Locked down trading? Why? I didnt know that was possible with crypto.
Bad news stuff.
Posted on 11/6/21 at 4:23 pm to LSUregit
quote:you're absolutely correct. And honestly, everyone here was warned about how shady this was and how the devs in the discord blocked people who asked reasonable questions.
Manipulation at its finest. Every other token who identify themselves as a shitcoin has it more together than this. It will bite them in the arse.
Posted on 11/6/21 at 4:25 pm to CarRamrod
Hey at least the GMEX's red flags chart is still looking bullish.
Posted on 11/6/21 at 4:28 pm to Fat Batman
My buy in yesterday is looking too hot right now.
Posted on 11/6/21 at 4:29 pm to Fat Batman
So just so I understand clearly...
If it were to get up to say 5 cents and then a chain reaction of selling began that caused the price to tumble, someone could just simply "pause" trading and take a timeout?
If it were to get up to say 5 cents and then a chain reaction of selling began that caused the price to tumble, someone could just simply "pause" trading and take a timeout?
Posted on 11/6/21 at 4:31 pm to Beef Tips
This isn't trading.... There is no one on the other end wanting to buy your shares. This is buying and selling from a liquidity pool
This post was edited on 11/6/21 at 4:32 pm
Posted on 11/6/21 at 4:38 pm to CarRamrod
Gotcha.. same point applies. If the liquidity pool is drying up rapidly, they have a mechanism to stop the bleeding.
That is a bit concerning.
That is a bit concerning.
Posted on 11/6/21 at 4:44 pm to Beef Tips
This coin is in its death cycle now. Now every slapdick that gets scammed won’t buy into a real crypto project.
Posted on 11/6/21 at 4:46 pm to Beef Tips
They know there’s going to be a lot of pissed off grandmas during the Bama game, so they’ll unlock it after the melt subside lmao.
Posted on 11/6/21 at 4:57 pm to OhOhCrpto
It's not like Certik didn't give a literal roadmap as to what was to come. Pointed out, but "acknowledge and no action taken"
Makes you wonder why you consult someone to help you know what you don't know, then ignore their advice.
Posted on 11/6/21 at 5:00 pm to OhOhCrpto
"Certik is hired to do a security audit on behalf of the actual crypto company, not as a watchdog or guardian of the customers, albeit the report serves as one and the same purpose.
Concern #11 regarding centralization is of course major. A major issue due to potential hacking and or malfeasance of controlling owners. Acknowledge but no action taken.
Concern #16 While deemed informational, it's of course critical. Sandwich attacks allow for the simplest of bots to exploit, especially since this crypto uses a market making liquidity pool with 12% slippage. The higher the slippage the more leeway to front run and crush and one could speculate makes this a very lucrative target. If it can happen on leveraged btc futures contracts, it for sure can happen here.
Concern #19 Shazam. Initial token distribution. On it's face it is a reflection of the actual transparency of the owners. Reading into variables and tying it back to the first concerns, makes it ripe to say "F me I was hacked, you're all broke".
Think of it this way: A truly decentralized coin has a plethora of stakeholders, thus critical mass in a hack is hard to obtain. That's not the case here. When one bag has a controlling share of coins, it can be hacked and cause the entire ecosystem to collapse."
Posted on 11/6/21 at 5:03 pm to OhOhCrpto
Damn. all of that came from the audit company?
Page 56 of 78
Popular
Back to top
Follow TigerDroppings for LSU Football News