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Watching the Train Wreck in Slow Motion



Page 6 of 24<<<45678>>>
05-08-2021 22:30
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
gfm7175 wrote:It already appears to be dropping back down to where it was before the jabs occurred...

Just prior to 3:00 pm your time today it lurched back up over the previous baseline (just barely). These are the kinds of hiccoughs we should expect at (what should be) the tail end of a baseline's life. We were just a little too quick on this one ... but we were following the rules we had established so it's all good.

Correct.

This is similar to how my prediction about the week-long steady price drop back down to baseline (from '2700' to '2300') didn't pan out in the precise manner that I had expected it to pan out (due to "Funny Business Week" keeping the price held steady @ '2700' plus). After FBW was over, Safemoon's price, of course, instantly dropped back down to where I had expected it to be at that particular point in time.

Here, the hiccoughs that we have observed in past iterations of baseline drops just happened to be delayed a bit from their typical manner of appearing.

IBdaMann wrote:
In the future, if we get a rapid decrease to below baseline, we should nonetheless expect those final lurches back to the previous baseline. I haven't figured out what is going on with those but the algorithm that sets the price is deliberately programmed to follow the plan that the directors set out at the beginning. We will have only ourselves to blame if we allow ourselves to be caught off guard by the final flurry of upward spikes as though we never saw them coming.

We know they're coming. I admit that I was pretty sure they would be coming a few hours sooner than they did. ]

Indeed. We have, numerous times, observed little flurries of "back to old baseline" activity before the price crashes back down again towards the new baseline.



Edited on 05-08-2021 22:49
05-08-2021 22:48
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
Something we should have been tracking is the "Wallets." This is a current snapshot of the top seven.

1 0xd51d1d5503dcff819e214faa66c3b6f0ebb06abe 214,910,221,028.43 38.7%
2 0x5ed7d3b704d692938ee25fa2c7e75a1e10670b33 39,622,434,206 7.14%
3 0xe1040e3cc3e4cd053d76e2b1b5c68b1a7d02bcc7 8,096,853,098.46 1.46%
4 0xe450fb250a0bb04c5ee3911ff92515e4676a1c09 7,816,371,994.33 1.41%
5 0x8c91dd4a638a4de3139320e337bb43366663646b 7,116,028,133.44 1.28%
6 0x34a4deb1bfc92ad1283a31ae1702e8940306c462 7,099,029,677.23 1.28%
7 0x82b7503bffd8aea31aea5ee14fb01959191af45b 7,020,925,563.83 1.26%

Why should we watch these? Because we are watching the train wreck in slow motion. Because we are looking for the run-pull.

That top wallet with 38.7% of the Safemoon tokens used to have a percentage in the mid-40s. This is what we should expect from a slow rug-pull, especially when the Safemoon price is running out of numbers (or running out of baselines to which to shift). If all proceeds normally, Safemoon price will be in 19XX in just a few days. In two weeks we should be looking at 17XX pricing, and at that point the alarm will have been sounded.

Obviously, when it becomes apparent that there aren't any more people that want to play pyramid with Safemoon, the directors will make their move and will bail out with all the cash, which means they will drain everything from their wallets and transfer them into some other cryptocurrency and then cash out when they're ready ... and all other outstanding Safemoon tokens will fall to $0.00


Yeah, that sounds like another thing to add to our list of what we're tracking, especially since the final collapse is quickly approaching.

I agree that it should only take a few days (say, early next week) when we see 19XXs, and we should be seeing 17XXs a few days after mid-August. This would be the moment, as you say, that the alarms should sound because the time intervals spent above the current $0.000002 baseline should be all but over with.

That timing is making your guess of mid-September look pretty good for when the pyramid will collapse. We'll have to wait and see what final tricks Safemoon directors have up their sleeves.


06-08-2021 21:49
Xadoman
★★★★☆
(1035)
415595877.710193271 SAFEMO
415637658.098 SAFEMO
415816896.363 SAFEMO

It is working. The reflections are coming. We will see the turbo mode of reflections when the burning is going to be stopped somewhere in the future. It takes time though.
06-08-2021 23:26
IBdaMannProfile picture★★★★★
(14389)


Xadoman wrote:415595877.710193271 SAFEMO
415637658.098 SAFEMO
415816896.363 SAFEMO

It is working. The reflections are coming.


I thought we went over this. Your reflections total are worth cents for which you had to pay/lose thousands of dollars to obtain.

Xadoman wrote:We will see the turbo mode of reflections when the burning is going to be stopped somewhere in the future. It takes time though.

It doesn't take any time. If the Safemoon directors had ever planned on rewarding HODLers then they would not have bottomed-out the price and would have engaged the "turbo reflections mode" from the beginning. The directors never had any intention of allowing any Safemoon holders to ever gain value. Their plan is to rug-pull as soon as nobody wants to play anymore.

Does it not bother you that this grand reward, the "turbo reflections mode" will take more time than Safemoon has left? All pyramids collapse and I know that you are not aware of any economic reason Safemoon's price will do anything but continue to sink. I know that you are not aware of any reason the Safemoon directors would have for increasing Safemoon's price and increase the amount of money they must pay to Safemoon holders. I know that you are fully aware that all Safemoon tokens will fall to $0.00 when the directors drain the remaining 38% out of the liquidity pool. Does it really matter how the turbo reflections work after that?

Current Safemoon Price: $0.000002266

@gfm7175, you might notice the slight price surge Safemoon is experiencing. This is the other part of what I had predicted when I said:

IBdaMann wrote:That is correct, however at this point in the week my expectations are such that I fully anticipate a few jabs upward into 23XX territory and an overall upward movement that will give us a bunch of 23XX until rolling back down to stay.

As it turns out, the overall upward movement is giving us a lot of 22XX rather than 23XX. I really think we're going to have to wait a few more days before establishing a new baseline. Besides, as the directors run out of numbers, the curve is going to flatten somewhat. The directors need to keep the price dropping to ensure no HODLer is ever actually gaining value but they are getting to the point where they need to stretch it all out more and more if they want to keep on milking ... and that means they can't let the price drop as quickly.

So instead of noon on Sunday let's look to noon on Wednesday. At least that's what I'm thinking. I learned from my mistake of expecting things to happen as quickly as they had a month ago and so I have adjusted my expectations a bit.

Xadoman, at what point will you be convinced that Safemoon is simply absconding with your money?




I don't think i can [define it]. I just kind of get a feel for the phrase. - keepit

A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
07-08-2021 02:31
gfm7175Profile picture★★★★★
(3314)
IBD:

Yes, I noticed the slight upward movement. Good call! Then again, Safemoon is quite predictable when one realizes what is going on... We'll have to see what happens next week and if it lives up to expectations.

I see that Xadoman is still in denial about the situation.
07-08-2021 07:30
IBdaMannProfile picture★★★★★
(14389)


IBdaMann wrote:As it turns out, the overall upward movement is giving us a lot of 22XX rather than 23XX.

Addendum: now we have our 23XX. Let it ride out and expect the sharp drop to occur thereafter.

Note: the Safemoon liquidity pool just dropped by another 1% from yesterday's figure.

09-08-2021 04:57
IBdaMannProfile picture★★★★★
(14389)


IBdaMann wrote:
IBdaMann wrote:As it turns out, the overall upward movement is giving us a lot of 22XX rather than 23XX.

Addendum: now we have our 23XX. Let it ride out and expect the sharp drop to occur thereafter.

I must confess, I was not anticipating the kind of wild ride the Safemoon directors had planned for this particular "upward movement" which reached $0.000002872! Of course it was just a short-lived stunt and the price was right back down in a matter of hours to exactly where it had been previously in 21XX territory. Previously it took a month to traverse that distance.

Wallet Watch

Apparently, as Safemoon tokens are churned, the Safemoon directors drain a certain percentage from their Safemoon wallets via transfer on Binance exchange.

The Safemoon liquidity pool has not changed.
The Safemoon slush fund wallet has dropped from 7.14% to 7%
The 1st draining wallet has dropped from 1.46% to 1.42%
The 2nd draining wallet has dropped from 1.41% to 1.37%
The 3rd draining wallet has dropped from 1.28% to 1.25%
The 4th draining wallet has dropped from 1.28% to 1.24%
The 5th draining wallet has dropped from 1.26% to 1.23%

1 0xd51d1d5503dcff819e214faa66c3b6f0ebb06abe 214,910,221,028.43 7.68%
2 0x5ed7d3b704d692938ee25fa2c7e75a1e10670b33 39,908,682,666.78 7%
3 0xe1040e3cc3e4cd053d76e2b1b5c68b1a7d02bcc7 8,096,853,098.46 1.42%
4 0xe450fb250a0bb04c5ee3911ff92515e4676a1c09 7,816,371,994.33 1.37%
5 0x8c91dd4a638a4de3139320e337bb43366663646b 7,116,028,133.44 1.25%
6 0x34a4deb1bfc92ad1283a31ae1702e8940306c462 7,099,029,677.23 1.24%
7 0x82b7503bffd8aea31aea5ee14fb01959191af45b 7,020,925,563.83 1.23%


[/quote]
09-08-2021 16:41
gfm7175Profile picture★★★★★
(3314)
Yeah, that sharp rise to $0.0000028XX threw me for a loop. I did not expect that much of an increase. I expected a slight rise, but not that steep of a one. Of course, Safemoon quickly corrected itself back down to 21XX territory, and has now had a bit of an increase since then.

CURRENT SAFEMOON PRICE: $0.000002273
09-08-2021 18:03
IBdaMannProfile picture★★★★★
(14389)
gfm7175 wrote:
Yeah, that sharp rise to $0.0000028XX threw me for a loop. I did not expect that much of an increase. I expected a slight rise, but not that steep of a one. Of course, Safemoon quickly corrected itself back down to 21XX territory, and has now had a bit of an increase since then.

CURRENT SAFEMOON PRICE: $0.000002273

Maybe, just maybe, $0.0000020 is the bottom floor and the Directors don't want the price to fall below that into "Sound the Alarm!" territory.

Who knows?

This has me thinking that $0.000002 might just be the last baseline shift and that if the Safemoon directors are ever forced to drop the price below baseline for whatever reason that it is a signal that the end draweth nigh. I don't have a crystal ball but this is what my gut is telling me so I'll be keeping that thought in the back of my mind. You have to admit that it is a bit strange that the price would descend at a relatively constant rate for months, would reach out to punch the "panic zone" but never breach it (i.e. $0.00000208, $0.00000206, $0.00000207 and $0.00000206) and then shoot up to $0.0000028XX for merely a matter of hours and then drop right back to baseline ... and just loiter above baseline (which means that it is remaining strictly under the previous baseline of $0.000002300. Yesterday's high was $0.00000229) ... but never dropping into the "Panic Zone".

I just think it is a little strange to be a mere coincidence.




I don't think i can [define it]. I just kind of get a feel for the phrase. - keepit

A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
09-08-2021 19:32
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
gfm7175 wrote:
Yeah, that sharp rise to $0.0000028XX threw me for a loop. I did not expect that much of an increase. I expected a slight rise, but not that steep of a one. Of course, Safemoon quickly corrected itself back down to 21XX territory, and has now had a bit of an increase since then.

CURRENT SAFEMOON PRICE: $0.000002273

Maybe, just maybe, $0.0000020 is the bottom floor and the Directors don't want the price to fall below that into "Sound the Alarm!" territory.

Who knows?

It very well could be. We could possibly be witnessing the moment of intense effort to do anything and everything possible in order to keep the Safemoon ship afloat (iow, keep the price above the baseline), to milk as much money as possible from suckers like Xadoman, for the eventual Safemoon directors "vacaciones a México".

IBdaMann wrote:
This has me thinking that $0.000002 might just be the last baseline shift and that if the Safemoon directors are ever forced to drop the price below baseline for whatever reason that it is a signal that the end draweth nigh. I don't have a crystal ball but this is what my gut is telling me so I'll be keeping that thought in the back of my mind.

Indeed. Let's hold onto that thought as we observe Safemoon activity over the next few days and weeks.

IBdaMann wrote:
You have to admit that it is a bit strange that the price would descend at a relatively constant rate for months, would reach out to punch the "panic zone" but never breach it (i.e. $0.00000208, $0.00000206, $0.00000207 and $0.00000206) and then shoot up to $0.0000028XX for merely a matter of hours and then drop right back to baseline ... and just loiter above baseline (which means that it is remaining strictly under the previous baseline of $0.000002300. Yesterday's high was $0.00000229) ... but never dropping into the "Panic Zone".

I just think it is a little strange to be a mere coincidence.

I agree. It's very strange activity to be seeing. Like you, I expected a slight rise and then a steady downward crash, as we've observed in the past. I didn't expect to see a massive upward spike to 28XX and a massive crash back down to 21XX all within a matter of hours.

My mind atm keeps going back to "Funny Business Week" in which we eventually observed the price remain fairly steady around the upwards inflated 27XX area for about a week straight before it quickly crashed back down to baseline once that particular bit of funny business ceased.

I got a feeling that we're not going to immediately see the downward slide (in this case, below $0.000002) that we are accustomed to seeing at this moment in the price cycle. I think that more "funny business" is going to be unleashed to forcefully keep the price above $0.000002 for as long as possible, to delay the triggering of "danger danger!" status.

My gut feeling atm is that we will now be observing a period of "gentle waves" with regard to Safemoon price, meaning that (outside of some possible "electric shock paddle activity" akin to the 28XX jump that we observed) the price will gently fluctuate between the 21XX and 23XX range for as long as the Safemoon directors can possibly keep it artificially held there. They won't be able to do that forever, and once they can't do that anymore, the scheme should be over shortly thereafter. I still can't find any reason to poo-poo your mid-September guess for the official collapse.

CURRENT SAFEMOON PRICE: $0.000002301



Edited on 09-08-2021 19:34
10-08-2021 06:44
IBdaMannProfile picture★★★★★
(14389)
Current Safemoon Price: $0.000002218

It appears that the price is now locked into bouncing around between $0.0000020 and $0.0000023
Edited on 10-08-2021 06:45
10-08-2021 16:41
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
Current Safemoon Price: $0.000002218

It appears that the price is now locked into bouncing around between $0.0000020 and $0.0000023

And so it was, and so it is, and so it will be, but for how long??

Current Safemoon Price: $0.000002229


11-08-2021 04:24
IBdaMannProfile picture★★★★★
(14389)
The Safemoon price chart does not represent any free market activity. It is more like an electrocardiogram driven by some higher-level organ with a regular high/low-buy/sell pulse.

The price chart, just like an ECG, is essentially horizontal now.

11-08-2021 18:41
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
The Safemoon price chart does not represent any free market activity. It is more like an electrocardiogram driven by some higher-level organ with a regular high/low-buy/sell pulse.

The price chart, just like an ECG, is essentially horizontal now.


Yup. As we figured, the price is continuing to stay relatively flat. We are now on Day 3 of all price activity staying between 20XX and 22XX. If we extend out to the seven day chart, we will find that all activity (besides late night 08/06/21, into early morning 08/08/21) has stayed within the same 20XX and 22XX range.


11-08-2021 21:37
IBdaMannProfile picture★★★★★
(14389)
gfm7175 wrote:
IBdaMann wrote:
The Safemoon price chart does not represent any free market activity. It is more like an electrocardiogram driven by some higher-level organ with a regular high/low-buy/sell pulse.

The price chart, just like an ECG, is essentially horizontal now.


Yup. As we figured, the price is continuing to stay relatively flat. We are now on Day 3 of all price activity staying between 20XX and 22XX. If we extend out to the seven day chart, we will find that all activity (besides late night 08/06/21, into early morning 08/08/21) has stayed within the same 20XX and 22XX range.


This is what I'm thinking. The Safemoon directors do not want to send any panic signals by allowing Safemoon to drop below $0.000002 so they have essentially stopped the regular price decline (which had pretty much assured them a steady income as they drained the value from the pyramid) and now they must look to conduct any milking funny-business within the $0.0000020 - $0.0000023 band.

At this point I am looking for signs of total collapse. I'm not expecting it to be an instantaneous event but I certainly want to be able to say "All the signs were there and I watched the entire train wreck in slow motion."

.
Attached image:

11-08-2021 21:51
Xadoman
★★★★☆
(1035)
415595877.710 SAFEMO
415637658.098 SAFEMO
415816896.363 SAFEMO
416159941.931 SAFEMO

I am not good with numbers but I sure can tell that my bag is growing day by day.
11-08-2021 22:02
IBdaMannProfile picture★★★★★
(14389)

Xadoman wrote:
415595877.710 SAFEMO
415637658.098 SAFEMO
415816896.363 SAFEMO
416159941.931 SAFEMO

I am not good with numbers but I sure can tell that my bag is growing day by day.

You are not good with numbers because you do not see that your bag holds much, much fewer dollars than what you have paid ... and some quick math shows that you haven't even acquired sufficient "reflections" to cover the 10% penalty that will be exacted should you ever try to cash out.

Yes, you are rather schittty with numbers.

11-08-2021 22:31
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
gfm7175 wrote:
IBdaMann wrote:
The Safemoon price chart does not represent any free market activity. It is more like an electrocardiogram driven by some higher-level organ with a regular high/low-buy/sell pulse.

The price chart, just like an ECG, is essentially horizontal now.


Yup. As we figured, the price is continuing to stay relatively flat. We are now on Day 3 of all price activity staying between 20XX and 22XX. If we extend out to the seven day chart, we will find that all activity (besides late night 08/06/21, into early morning 08/08/21) has stayed within the same 20XX and 22XX range.


This is what I'm thinking. The Safemoon directors do not want to send any panic signals by allowing Safemoon to drop below $0.000002 so they have essentially stopped the regular price decline (which had pretty much assured them a steady income as they drained the value from the pyramid) and now they must look to conduct any milking funny-business within the $0.0000020 - $0.0000023 band.

At this point I am looking for signs of total collapse. I'm not expecting it to be an instantaneous event but I certainly want to be able to say "All the signs were there and I watched the entire train wreck in slow motion."

.

Indeed. If the price were to fall below $0.000002, it would be "DANGER DANGER!" time. I've seen several Safemoon related articles recently pretty much saying that very same thing. Safemoon directors, obviously, do not want to see that. They will do what they need to do to keep the price above the danger zone.

The fact that the directors are conducting funny business within the $0.0000020XX - $0.0000023XX price range is quite obvious if one pulls up the 24 hour chart and makes note (as has been noted before) that the price chart looks very much like an electrocardiogram rather than any sort of free market activity.

It's very easy to pull up a chart of the last few days of activity and to draw a line through the $0.0000022XX-ish area and see how most activity hovers right within that zone (with the "pulses" appearing above and below that line over time).

This "flat line" completely differs from what we had been observing over the last few months (with the exception of Funny Business Week), which appeared more like a steadily decreasing trend line (iow, a rather predictable decrease).


11-08-2021 22:49
gfm7175Profile picture★★★★★
(3314)
Xadoman wrote:
415595877.710 SAFEMO
415637658.098 SAFEMO
415816896.363 SAFEMO
416159941.931 SAFEMO

We've gone over this already...

Xadoman wrote:
I am not good with numbers

That's very apparent.

You realize that your "reflections" are coming in, but you do not realize that your "reflections" are not anywhere near keeping up with the rate of Safemoon price decrease. A few pennies of reflections does not offset the $700+ that you have lost due to Safemoon's price decrease...

I assume that you would also take a 4% wage increase and a 10% inflation increase over a 2% wage increase and a 1% inflation increase.

$40,000 wage // $35,000 expenses
$40,000 - $35,000 = $5,000

$40,000 x 1.04 = $41,600
$35,000 x 1.10 = $38,500
$41,600 - $38,500 = $3,100

$40,000 x 1.02 = $40,800
$35,000 x 1.01 = $35,350
$40,800 - $35,350 = $5,450

You are choosing $3,100 over $5,450... IOW, you are choosing a $1,900 loss instead of a $450 gain.


In terms of Safemoon, you are choosing to lose everything rather than only lose a portion of it. You are choosing to lose the full $1,700 rather than only $700 (or less than $700 if you would've acted sooner).


Xadoman wrote:
but I sure can tell that my bag is growing day by day.

Can I ask you something?

What is 416159941.931 x 0 ??



Edited on 11-08-2021 23:01
11-08-2021 22:55
Xadoman
★★★★☆
(1035)
IbdaMann, you make a good whale watcher. Once the whales are gone then there will be a strong pressure for the price to rise.
12-08-2021 00:29
IBdaMannProfile picture★★★★★
(14389)
Xadoman wrote: Once the whales are gone then there will be a strong pressure for the price to rise.

Why would you believe that? What are you claiming will cause the price to increase?

.


I don't think i can [define it]. I just kind of get a feel for the phrase. - keepit

A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
12-08-2021 16:17
gfm7175Profile picture★★★★★
(3314)
DANGER DANGER DANGER!!!!!!!!!!!!!!

Safemoon, since 4:05 AM (CST), has been quite consistently below baseline value.

Poor Xadoman...

We'll have to keep an eye on how long this latest development lasts.
12-08-2021 16:52
gfm7175Profile picture★★★★★
(3314)
On another note, I now wish to highlight a couple of quotes by Xadoman from page 2 of this thread, attempting to explain away Safemoon's suckage, as he was being warned even back then that Safemoon is a pyramid scheme:

Xadoman wrote:
Harvey, the whole crypto is down at the moment. Bitcoin went down and took the whole cryptoworld with it. Nothing more. It is a only a matter of time when it will rise again and will hit a new all time high. Being patient in the cryptoworld is a key to success.


Xadoman wrote:The wyckoff cycle for Bitcoin in not quite over yet causing the whole crypto to be down at the moment. Simple as that.


Splendid!! Now, let's see how that's all turning out:

BITCOIN (3 MO chart):
Start -- $50,000 on 05/14/21.
Downfall -- below $30,000 during 07/19/21 - 07/20/21.
Recovery -- $44,000+ ($46K yesterday).

SAFEMOON (3 MO chart):
Start -- $0.00001 on 05/15/21.
Downfall -- $0.0000019XX on 08/12/21.
Recovery -- NONE... Safemoon price has consistently fallen since 05/15/21, without any upward swing like Bitcoin has received since 07/20/21.

Isn't Bitcoin supposed to "[take] the whole cryptoworld with it"?? Or maybe it did, but it left Safemoon behind since Safemoon isn't a cryptocurrency...??


Xadoman, I am truly interested in your thoughts about Bitcoin's recovery and Safemoon's continued decline.
Edited on 12-08-2021 16:58
12-08-2021 17:18
IBdaMannProfile picture★★★★★
(14389)
gfm7175 wrote:DANGER DANGER DANGER!!!!!!!!!!!!!!

Safemoon, since 4:05 AM (CST), has been quite consistently below baseline value.

This is a big deal. This tells me that the Safemoon directors engaged in "Funny Business" week in anticipation of their imminent arrival at the $0.0000020 Panic Zone so they exhausted whatever possibilities they could to milk Safemoon with whatever they were doing during that week. So they arrived at the Panic Zone and endeavored to milk Safemoon in ways other than through management of a steady price decline (which is how they drain money from HODLers like Xadoman while keeping them focused on their "Reflections") and apparently the Safemoon directors have found that there is no milk in the horizontal cow ...

... so the directors acknowledge that the managed price decline is the only way they can see at the moment to milk money from Safemoon so they have no choice but to go back to that. Yes, the alarms will be sounding but as long as the HODLers HODL then all the HODLers money is the Directors' money for the taking ... so they will resume just taking it. The Directors have already calculated how long that will take and they might even speed it up since they now know that everyone knows that the jig is up. The countdown has begun. Look for the price decline to possibly even accelerate, depending on whatever pressure the directors might be feeling.

gfm7175 wrote:Poor Xadoman...

You got that right. He is bound and determined to lose it all while convincing himself that he is getting wealthier. He believes, with certainty, that Safemoon's price will increase despite there being no reason for it to do anything other than fall to zero.

@ Xadoman, please continue posting your quantity of Safemoon tokens ... and it would be helpful if you would affix dates for those quantities. Thanks.

Current Safemoon Price: $0.000001941

.
Attached image:

12-08-2021 18:16
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
gfm7175 wrote:DANGER DANGER DANGER!!!!!!!!!!!!!!

Safemoon, since 4:05 AM (CST), has been quite consistently below baseline value.

This is a big deal. This tells me that the Safemoon directors engaged in "Funny Business" week in anticipation of their imminent arrival at the $0.0000020 Panic Zone so they exhausted whatever possibilities they could to milk Safemoon with whatever they were doing during that week. So they arrived at the Panic Zone and endeavored to milk Safemoon in ways other than through management of a steady price decline (which is how they drain money from HODLers like Xadoman while keeping them focused on their "Reflections") and apparently the Safemoon directors have found that there is no milk in the horizontal cow ...

... so the directors acknowledge that the managed price decline is the only way they can see at the moment to milk money from Safemoon so they have no choice but to go back to that. Yes, the alarms will be sounding but as long as the HODLers HODL then all the HODLers money is the Directors' money for the taking ... so they will resume just taking it. The Directors have already calculated how long that will take and they might even speed it up since they now know that everyone knows that the jig is up. The countdown has begun. Look for the price decline to possibly even accelerate, depending on whatever pressure the directors might be feeling.

I also wish to make note of the fact that the blatantly obvious single-interval "price spikes" have returned, only further supporting this analysis of yours. One notable example is as follows:

9:20 AM (CST) -- '1942'
9:25 AM (CST) -- '2052'
9:30 AM (CST) -- '1865'
9:35 AM (CST) -- '2063'

CURRENT PRICE: $0.000001941



Edited on 12-08-2021 18:23
12-08-2021 21:15
gfm7175Profile picture★★★★★
(3314)
Safemoon is now riding above water for the time being, but I want to make note of yet another particular price "spike"... We all know what these "spikes" are by now, but I just want to make note of it:

11:50 AM (CST) -- '1943'
11:55 AM (CST) -- '2182'
12:00 PM (CST) -- '2179'
12:05 PM (CST) -- '2062'


I also want to note that there was only one single time interval so far in which the price went down below the 19XX range, and that was during the spike activity that I made note of earlier today.

To sum: The Safemoon directors needed a very low price of $0.000001865 @ 9:30 AM CST, and then they later needed a significantly higher price of $0.000002182 @ 11:55 AM CST.

It's interesting to follow this stuff... It's interesting to watch the train wreck in slow motion...
12-08-2021 23:35
IBdaMannProfile picture★★★★★
(14389)


gfm7175 wrote: Safemoon is now riding above water for the time being,

We have to use that term lightly. In reality, Safemoon is submerged, just in shallower waters at the moment.

... but yes, as far as baseline is concerned, Safemoon is working hard to tread water, absolutely. I suspect the standard price decline has already resumed.

gfm7175 wrote: ... but I want to make note of yet another particular price "spike"...

One thing to remember as the price resumes its descent, that a 100 SPU drop now is a greater percentage drop than when the price was 32XX. Back then, a 100 SPU drop meant a decrease around 3%, whereas at 19XX that same 100 SPU represents about 5%. Considering only the last two times we adjusted baseline, Xadoman saw more than a 25% loss in less than three weeks.

But he gained seven cents in reflections, let's not forget that.

So let's watch closely. I want to see what Sunday noon has in store.




I don't think i can [define it]. I just kind of get a feel for the phrase. - keepit

A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
13-08-2021 08:04
IBdaMannProfile picture★★★★★
(14389)


Xadoman, have you really looked at the Safemoon price chart? I think you have. I think you fully realize that this is not free market activity but rather is pure price manipulation.

Every single one of those really sharp, one-interval drops is some HODLer wishing to cash out. Not only do the directors impose a 10% penalty but they drop the price first some arbitrary amount just because they can and there's nothing any HODLer can do about it. You know this and you have resigned yourself to just throwing it all away because the delusional hope that Safemoon will somehow increase in price free-market style is a powerful drug that apparently eases all pain of losing a load of cash.

The latest person to sell their Safemoon tokens made his decision when the advertised price above $0.000002000 but the Safemoon directors dropped the price to $0.000001896 to complete his sell order ... and then tacked on the 10% penalty.

Xadoman, I took another look and the price you paid for Safemoon was strictly above $0.000005 (between 51XX and 56XX) and here on this site we advised you to get out. Safemoon's price rose to just under $0.00001 (only four zeroes) shortly after you bought in, but instead of being happy with a 85% gain in only a couple of weeks, you allowed yourself to be convinced that the price increase was not artificial, that Safemoon was going to the moon, despite there being no economic reason for it to do so. As the price predictably dropped, you told yourself that it just wasn't happening and you made various excuses for why the price was low, to include blaming Bitcoin. You can't say that you were somehow not fully informed on this site of the inevitable collapse of Safemoon as the price has plummeted with no visible signs of recovery.

So the big question is ... what is your official rationale for not getting out now and cutting your losses, now that Safemoon is about to make $0.0000018XX its new home while it goes house hunting for something in the $0.0000016XX range. In just a couple of weeks you'll be seeing that almost all of the Safemoon value has been drained by the directors.

@ gfm7175, you and I can't possibly be the only ones watching Safemoon, but the only articles and videos that I can find on the internet that discuss our type of critique of Safemoon are two months old. How can there be nobody making the same observations that we are making and coming to the same conclusions?

You don't think Google is being paid to "block" certain information, do you? Maybe you and I really are visionaries who can see what other mortal men cannot.

Actually I'm going with the "Google being paid" option.

13-08-2021 13:36
Xadoman
★★★★☆
(1035)
"Safemoon's price rose to just under $0.00001 (only four zeroes) shortly after you bought in, but instead of being happy with a 85% gain"

In cryptoland it is possible to retire within 2 months if the timing is right. If the price goes parabolic you can make even 10000x from your initial investment. I was a little bit late for the whackoff cycle but I am not worried. The bubble is going to start to rise again and when the Bitcoin reaches 100k then I am sure the Safemoon and other coins are going to make big gains again. I am not going to sell Safemoon because it is the king of the deflatory type coins being the first of this type of coins and having the coolest name of those coins. I got many other coins which I am going to cash out instead of Safemoon when the price is right.
13-08-2021 13:54
Xadoman
★★★★☆
(1035)
Also, those downward candles you numberphiles see are whales taking profit from selling their enourmous bag. Those massive dumps are being absorbed by sardines who themselves will be whales at some point in the future if they continue to hodl. When the whales are out there is no such heavy downward pressure on the price and the price will start to rise again. What we need is a "one-click buy" button on smartphone for normies who are too lazy to set up an account for trading cryptos.
Edited on 13-08-2021 13:56
13-08-2021 16:20
IBdaMannProfile picture★★★★★
(14389)
Xadoman wrote:In cryptoland it is possible to retire within 2 months if the timing is right.

What does the Safemoon pyramid scheme have to do with any legitimate cryptocurrency?

Xadoman wrote: If the price goes parabolic

The price will only go down. There is no economics reason for the price to increase such that any Safemoon holder ever gains any value. All pyramid schemes collapse.

Xadoman wrote: you can make even 10000x from your initial investment.

Not with Safemoon. It's a pyramid. Rug pull inevitable.

Current Safemoon Price: $0.000002074 ... less than half what you paid.

Once again, I urge you to cut your losses.

Xadoman wrote: The bubble is going to start to rise again

Why do you believe this? You know there is no motivation for the Safemoon directors to just give you money that they could otherwise decide to keep, especially if you let them because they sucker you with pennies-worth of "reflections."

Xadoman wrote: ...and when the Bitcoin reaches 100k then I am sure the Safemoon and other coins are going to make big gains again.

Why do you believe this? How will Bitcoin motivate the Safemoon directors to just give you money that they could otherwise decide to keep, especially when they have you focused on pennies-worth of "reflections."

Xadoman wrote: I am not going to sell Safemoon because it is the king of the deflatory type coins being the first of this type of coins and having the coolest name of those coins.

So, because it's the first brazen pyramid and has a totally cool name, you feel obligated to throw away your savings?

Xadoman wrote: I got many other coins which I am going to cash out instead of Safemoon when the price is right.

Just not the groundbreaking pyramid with the totally cool name. I see.

Xadoman wrote: Also, those downward candles you numberphiles see are whales taking profit from selling their enourmous bag.

Whales and every other disillusioned participant in the Safemoon scam. The upward spikes are gullible newbies buying in.

Xadoman wrote:Those massive dumps are being absorbed by sardines who themselves will be whales at some point in the future.

Nope. All wallets will fall to zero.

Xadoman wrote:i When the whales are out there is no such heavy downward pressure on the price and the price will start to rise again.

You just finished telling me that all the sardines will become whales.

What is the economic principle behind this "heavy downward pressure"?

.


I don't think i can [define it]. I just kind of get a feel for the phrase. - keepit

A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
13-08-2021 17:10
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
Xadoman, have you really looked at the Safemoon price chart? I think you have. I think you fully realize that this is not free market activity but rather is pure price manipulation.

Every single one of those really sharp, one-interval drops is some HODLer wishing to cash out. Not only do the directors impose a 10% penalty but they drop the price first some arbitrary amount just because they can and there's nothing any HODLer can do about it. You know this and you have resigned yourself to just throwing it all away because the delusional hope that Safemoon will somehow increase in price free-market style is a powerful drug that apparently eases all pain of losing a load of cash.

The latest person to sell their Safemoon tokens made his decision when the advertised price above $0.000002000 but the Safemoon directors dropped the price to $0.000001896 to complete his sell order ... and then tacked on the 10% penalty.

I realize that this information won't actually benefit Xadoman, since he is determined to HODL his way down to $0, but "for his benefit", as if any more cases of price manipulation even need to be noted at this point:

7:45 AM (CST) -- $0.000002117
7:50 AM (CST) -- $0.000001887
7:55 AM (CST) -- $0.000002074
8:00 AM (CST) -- $0.000001859
8:05 AM (CST) -- $0.000002121
8:10 AM (CST) -- $0.000002028

IBdaMann wrote:
@ gfm7175, you and I can't possibly be the only ones watching Safemoon, but the only articles and videos that I can find on the internet that discuss our type of critique of Safemoon are two months old. How can there be nobody making the same observations that we are making and coming to the same conclusions?

You don't think Google is being paid to "block" certain information, do you? Maybe you and I really are visionaries who can see what other mortal men cannot.

Actually I'm going with the "Google being paid" option.

That option sounds about right to me.

I pulled up one article from 07/29/21 where the author makes note of the 10% transaction fee being an issue, notes that the price is "'2600' and falling", and concludes that he sees Safemoon going nowhere but down in the near future, but he doesn't make any mention of the manipulated market activity nor did he really mention anything else that we have mentioned in this thread.

There's no way that nobody else is currently and actively analyzing Safemoon the way that we have been doing... There's no way that other people are not likewise noticing that Safemoon's price chart often has "single time interval spikes" that look like an ECG rather than free market activity.


13-08-2021 17:34
gfm7175Profile picture★★★★★
(3314)
Xadoman wrote:
IBdaMann wrote:
"Safemoon's price rose to just under $0.00001 (only four zeroes) shortly after you bought in, but instead of being happy with a 85% gain"

In cryptoland it is possible to retire within 2 months if the timing is right. If the price goes parabolic you can make even 10000x from your initial investment. I was a little bit late for the whackoff cycle but I am not worried.

It's also possible to get gored in the ass by a bull while being struck by lightning.

Xadoman wrote:
The bubble is going to start to rise again

It already HAS been rising again. Bitcoin, which was at a low of $29,3XX.xx as of July 20th, has been steadily rising ever since then (now up to $46,5XX.xx and rising, which is pretty much back up to where it was 3 months ago) ... Safemoon, on the other hand, has steadily decreased the whole time, and is still decreasing even now. Did you not see my earlier post in which I specifically highlighted this?

Xadoman wrote:
and when the Bitcoin reaches 100k then I am sure the Safemoon and other coins are going to make big gains again.

What are you even basing these wild claims on?? What indications have you seen that any of these things are going to happen anytime soon?

Bitcoin, for the past approximately one month, has been steadily climbing upward. Safemoon, for the past approximately one month, has been steadily falling downward (ignoring the two "funny business weeks" for what they were).

Xadoman wrote:
I am not going to sell Safemoon because it is the king of the deflatory type coins being the first of this type of coins and having the coolest name of those coins. I got many other coins which I am going to cash out instead of Safemoon when the price is right.

If you wish to gift all of your money to the Safemoon directors, then be my guest. You are living in LaLaLand if you think that Safemoon will "go to the moon" and is a way to "get rich quick". It is a pyramid scheme. There is no indication that Safemoon price will do anything other than decrease, eventually into oblivion.


14-08-2021 09:53
IBdaMannProfile picture★★★★★
(14389)
gfm7175 wrote:There is no indication that Safemoon price will do anything other than decrease, eventually into oblivion.

Exactly ... with some funny business thrown in.



Attached image:


Edited on 14-08-2021 09:56
15-08-2021 00:32
IBdaMannProfile picture★★★★★
(14389)


Safemoon seems to have reverted back to dancing the horizontal mambo for the last four hours ... this time focusing on 21XX.

Current Safemoon Price: $0.000002146

.
Attached image:


Edited on 15-08-2021 00:33
16-08-2021 01:46
IBdaMannProfile picture★★★★★
(14389)
So we have a situation whereby Safemoon is spending all its time under baseline. Yes, three times it touched baseline, $0.000002001 at 10:10:05 (Wisconsin Time) and twice to exactly $0.000002000 at 10:20:05 and 10:30:05. Otherwise Safemoon ceased to ride above baseline at 04:10:05 this morning.

Now I fully expect Safemoon to have a few more pokes up above baseline and one general rising "rainbow" that carries the price over baseline as well ... and I would be stupid if I were somehow surprised by some unexpected funny business thrown in there also so I am fully anticipating such. However, according to the rules, we need to start a baseline watch. If Safemoon should remain under $0.000002 (the current baseline) for twenty-four hours, we must shift the baseline and I will have to make a new graphic. If we shift the baseline it will have to be shifted to $0.000001800 because the Safemoon price has already gone below $0.000001900

Ergo ... if Safemoon remains below $0.000002000 through 10:30:05 tomorrow morning Wisconsin time, we'll have a new baseline.

16-08-2021 03:02
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
So we have a situation whereby Safemoon is spending all its time under baseline. Yes, three times it touched baseline, $0.000002001 at 10:10:05 (Wisconsin Time) and twice to exactly $0.000002000 at 10:20:05 and 10:30:05. Otherwise Safemoon ceased to ride above baseline at 04:10:05 this morning.

Now I fully expect Safemoon to have a few more pokes up above baseline and one general rising "rainbow" that carries the price over baseline as well ... and I would be stupid if I were somehow surprised by some unexpected funny business thrown in there also so I am fully anticipating such. However, according to the rules, we need to start a baseline watch. If Safemoon should remain under $0.000002 (the current baseline) for twenty-four hours, we must shift the baseline and I will have to make a new graphic. If we shift the baseline it will have to be shifted to $0.000001800 because the Safemoon price has already gone below $0.000001900

Ergo ... if Safemoon remains below $0.000002000 through 10:30:05 tomorrow morning Wisconsin time, we'll have a new baseline.

Oh wow, we DO have a situation... or should I say Xadoman has a situation... Anyhow, there does indeed appear to be a decent chance for a baseline shift. Like you say, even with a baseline shift, the price should poke above (and rainbow above) $0.000002 soon after the shift... we know the drill by now
DANGER DANGER!!!!!! The pyramid is collapsing no matter how hard Xadoman HODLs on...


16-08-2021 09:14
IBdaMannProfile picture★★★★★
(14389)
gfm7175 wrote:Oh wow, we DO have a situation... or should I say Xadoman has a situation... Anyhow, there does indeed appear to be a decent chance for a baseline shift. Like you say, even with a baseline shift, the price should poke above (and rainbow above) $0.000002 soon after the shift... we know the drill by now
DANGER DANGER!!!!!! The pyramid is collapsing no matter how hard Xadoman HODLs on...

Safemoon has just a few more hours to poke its head above $0.000002 or I have to stop what I'm doing and make a graphic.

Current Safemoon Price: $0.000001902

Let me give my previous graphic a last hurrah:

16-08-2021 14:45
IBdaMannProfile picture★★★★★
(14389)
Is the rug-pull happening right now? Isn't it a bit early for this? Is there no more milking to be done?

Current Safemoon Price: $0.000001492 and dropping like a rock.

Should my next graphic involve a rug?

16-08-2021 16:54
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
Is the rug-pull happening right now? Isn't it a bit early for this? Is there no more milking to be done?

Current Safemoon Price: $0.000001492 and dropping like a rock.

Should my next graphic involve a rug?

I pulled open my Safemoon price chart this morning expecting to see a price somewhere around '1900' (give or take a bit), and to my surprise I saw a huge downward cascade to '1485' before recovering back to +-'1600'. WOW... and Xadoman wonders why I never report on price increases... It's hard for me to do that when there AREN'T any price increases to report...


Let's look at how Safemoon has been doing at this time over the last several months... I'll even color code it so that the Xadomans of the world can comprehend what is happening here...

MAY 16TH @ 8:00 AM CST: $0.000009237
JUN 16TH @ 8:00 AM CST: $0.000004317
JUL 16TH @ 8:00 AM CST: $0.000002693
AUG 16TH @ 8:00 AM CST: $0.000001635

Yet, Xadoman keeps HODLing and HODLing...


Might wanna put a helmet onto Mr Rugpull and have him start doing some warm up throws...


CURRENT SAFEMOON PRICE: $0.000001592



Edited on 16-08-2021 16:59
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