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Watching the Train Wreck in Slow Motion



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10-09-2021 04:13
James___
★★★★★
(5513)
gfm7175 wrote:
Xadoman,

What was the date of your initial donation? What was the amount of your initial donation? What rate did you buy your tokens at?

I want to know how much you've lost...



Not sure if you know this but Bitcoin is based on solving complex mathematical problems. Using a thousand computers allows different parts of the problem to be "farmed out" so to speak.
From what I've read, Bitcoin uses an entropy rate of 50% every 7 years. And yet processing power is increasing exponentially at the same time.
Who controls the numbers? And this is how Bitcoin might've become a currency.
A currency is based on a product and/or service provided. What needs to be considered is why something has value. With something like Bitcoin, does it have tangible assets? And if as I mentioned, people pay to have mathematical problems solved, what is that market doing and what is it's expected return in the future?
10-09-2021 05:03
James___
★★★★★
(5513)
On a side note, Bitcoin stated it's value as a currency while it was a stock just as in any publicly traded company. It's value increased because people believed in its value. This goes back to when problems needed solving and bitcoin solved them.
If you can find another reason for why it has value, please post it. Again, will wonder why a communist country wouldn't support it. Value is based on earning an income by providing a good or service. Economies are based on financing goods and services provided.
An example is why some African countries are failing like Zimbabwe. People do not own their farms. As a result banks will not offer them loans. Farmers simply have no assets to use as collateral.
With crypto currencies, what assets do they posses? If none then what determines their market valuation? Just basic economics.
10-09-2021 15:47
IBdaMannProfile picture★★★★★
(14416)
Update: Safemoon is rapidly approaching baseline. I want to get this update in before Safemoon's price drops below baseline into 13XX.

Current Safemoon Price: $0.000001417
10-09-2021 16:31
IBdaMannProfile picture★★★★★
(14416)
James___ wrote:It's value increased because people believed in its value.

Better wording is that the community afforded it value, which is the only reason for the value of a currency. The reasons a community affords value are immaterial. All that matters is that they afford value and agree to that unit of measure. Note: using money of a currency is consent/agreement to that unit of measure.

James___ wrote:This goes back to when problems needed solving and bitcoin solved them. If you can find another reason for why it has value, please post it.

As I wrote above, the only reason any currency has value is that its using community agrees to it as the unit of measure for what they value. There is no requirement to solve any problem or to be or do anything other than that to which a community affords value. Anything can be a currency, even chickens, if a community agrees to it.

James___ wrote: Again, will wonder why a communist country wouldn't support it.

Marxists are social cancers.

Marxists HATE sound economic principles. Marxists HATE solid economies. Marxists HATE when other people are happy. Marxists HATE everything that other people have that they do not.

MARXISTS: "We're not happy until you're not happy."

James___ wrote:Value is based on earning an income by providing a good or service.

Nope. Value is an independent variable in economics. It is arbitrarily determined by people. What I value is not necessarily what you value. Notice that no requirement for goods and services are mentioned.

What you are talking about is good old-fashioned price realization of the supply-demand curve. It is the basis for all free-market activity.



James___ wrote: Economies are based on financing goods and services provided.

... and are driven by investment.

James___ wrote: An example is why some African countries are failing like Zimbabwe. People do not own their farms.

That's not the problem in Zimbabwe, and the country is not failing in the present progressive. The economy of Zimbabwe failed decades ago. The reason for the failure was the racist policy of kicking "white" people off their property and forcing them out of the country ... and those "white" people were the farmers providing the supply of food that formed the basis of the economy. When the land was confiscated from "white" people and given to "black" people, the farms did not continue and food was not produced. The breadbasket of Africa and much of Europe and Asia ... stopped altogether. An economy on the order of oil-rich Saudi Arabia died.

James___ wrote: With crypto currencies, what assets do they posses?

Supposedly they possess all the money that was paid in by "investors."

Safemoon Update: The bottom is dropping out again, but I thoroughly expect it to bounce. Safemoon price is currently in 12XX range, having dropped from 14XX in a matter of minutes. The rules still apply. If we go 24 hours below the current baseline of $0.000001400 then we need to adjust the baseline downward.

Current Safemoon Price: $0.000001205

10-09-2021 16:50
IBdaMannProfile picture★★★★★
(14416)
Update: Although Safemoon price might be bouncing upwards at the moment, its price has dipped below $0.000001200 for the second time in less than 15 minutes. If we adjust the baseline downward then it will have to be no higher than $0.000001100

Current Safemoon Price: $0.000001228
10-09-2021 16:51
gfm7175Profile picture★★★★★
(3314)
Wow... Safemoon sure took a dive bomb ever since the "wallet announcement", eh?


Xadoman,

What was the date of your initial donation?
What was the amount of your initial donation?
What rate did you buy your tokens at?

I want to know how much you've lost...

No, wait, now's the "time to buy", right?? Nice and low price... better quick get in to ease the FOMO... don't listen to us FUD peddlers, eh?
Edited on 10-09-2021 16:51
10-09-2021 17:48
IBdaMannProfile picture★★★★★
(14416)
gfm7175 wrote:Wow... Safemoon sure took a dive bomb ever since the "wallet announcement", eh?

You see with great clarity.

Back when I was playing Nostradamus and I "predicted" that August 28th would be the point of revelation, I think we saw the Safemoon directors effectively announce to the world that Safemoon is entirely a sham, and I believe what we witnessed was the directors' last-ditch effort to milk Safemoon for every penny before pulling the remaining value out of Safemoon, i.e. slow rug pull.

On 28 August, 8:00 am Wisconsin time, Safemoon price was up to $0.000003543 based solely on the hype of the release of a mere app, because that's all it takes to con the gullible types that are inclined to buy Safemoon in the first place. Tomorrow morning at 8:00 am Wisconsin time will be the two-week mark and I want to see the Safemoon price at that time.

Edit: $0.000001181 represents one-third of Safemoon's 28 August price of $0.000003543. Just keep those figures in the back of your mind.

Right now, Safemoon is working on its current bounce (price lurched back up to 14XX) but I have a feeling that it will not be long before it is back in 12XX.

gfm7175 wrote:Xadoman,

What was the date of your initial donation?
What was the amount of your initial donation?
What rate did you buy your tokens at?

I want to know how much you've lost...

Xadoman has had ample opportunity to perform a simple copy-paste. You need to frame the request differently.

@Xadoman, what is your "made it" car? How much Safemoon did you buy and when did you buy it to get you your "made it" car when Safemoon totally moons like we all know it eventually will?

gfm7175 wrote: No, wait, now's the "time to buy", right?? Nice and low price... better quick get in to ease the FOMO... don't listen to us FUD peddlers, eh?

We FUD peddlers missed our chance for some easy cash. If only we had "invested" $10,000 when the price was $0.000001197 we could have been selling it now at $0.000001420 for a quick $1,186.23 ... minus 10% ($118.62) for a $1,676.69 profit. Presuming we timed it exactly right.

Oh wait, if we had tried to purchase Safemoon back when it was $0.000001197 then the algorithm would have spiked the price way up just for us to $0.000001447 (or thereabouts). Then, upon trying to cash out when the price wasn't going above $0.000001447 and we tried to sell at the current price of $0.000001403, the Safemoon directors would drop the price drastically just for our order, down to say $0.000001190, and locking us in for a $1,776.09 loss (at $8,223.91) ... followed by the 10% penalty of $822.39 which would amount to a $2,598.48 loss in less than one hour.

That's certainly EASY MONEY ... but for whom?

Current Safemoon Price: $0.000001392

Edit: Current Safemoon Price: $0.000001402


Edited on 10-09-2021 17:56
10-09-2021 21:09
Xadoman
★★★★☆
(1035)
Xadoman,

What was the date of your initial donation?
What was the amount of your initial donation?
What rate did you buy your tokens at?


Already answered. Around 1900 dollars or 1600 euros.
10-09-2021 21:15
Xadoman
★★★★☆
(1035)
417693394.705 SAFEMO 28.08.2021
417815249.336 SAFEMO 28.08.2021
417978030.682 SAFEMO 31.08.2021
418095365.214 SAFEMO 03.09.2021
418964955.392 SAFEMO 10.09.2021
10-09-2021 21:29
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
Oh wait, if we had tried to purchase Safemoon back when it was $0.000001197 then the algorithm would have spiked the price way up just for us to $0.000001447 (or thereabouts). Then, upon trying to cash out when the price wasn't going above $0.000001447 and we tried to sell at the current price of $0.000001403, the Safemoon directors would drop the price drastically just for our order, down to say $0.000001190, and locking us in for a $1,776.09 loss (at $8,223.91) ... followed by the 10% penalty of $822.39 which would amount to a $2,598.48 loss in less than one hour.

That's certainly EASY MONEY ... but for whom?

And THIS is the key question to be asking... it is obvious what the answer to it is.


10-09-2021 21:37
gfm7175Profile picture★★★★★
(3314)
Xadoman wrote:
gfm7175 wrote:
Xadoman,

What was the date of your initial donation?
What was the amount of your initial donation?
What rate did you buy your tokens at?


Already answered.

Nope, and you still haven't answered them all.

Xadoman wrote:
Around 1900 dollars or 1600 euros.

This (roughly) answers question #2...

This does NOT answer questions #1 and #3...


11-09-2021 04:20
duncan61
★★★★★
(2021)
Xadoman.By being evasive you are fuelling the fire.Proper numbers please and it could go like dogecoin and be at .25 in a few years which is why you have done it.
11-09-2021 06:36
IBdaMannProfile picture★★★★★
(14416)
duncan61 wrote:Xadoman.By being evasive you are fuelling the fire.Proper numbers please and it could go like dogecoin and be at .25 in a few years which is why you have done it.

Exactly. Well put, Duncan.
11-09-2021 11:32
IBdaMannProfile picture★★★★★
(14416)
One SPU = One Ten-Millionth of a cent ... not of a dollar, of a cent.

Over the previous sixteen hours, Safemoon price has varied no more than 96 SPUs. Multiply it by ten thousand and it still rounds to zero. This is flatter than paper. Anyone with this kind of pulse would be immediately pronounced dead. There is no activity. Nothing is happening. Any indications of life are artificial, coming directly from the Binance Smartchain, i.e. the man behind the curtain, don't pay any attention to him.

Current Safemoon Price: $0.000001501

11-09-2021 15:37
Xadoman
★★★★☆
(1035)
Xadoman.By being evasive you are fuelling the fire.Proper numbers please and it could go like dogecoin and be at .25 in a few years which is why you have done it.


Numbers are posted. 1900 dollars invested in Safemoon and the amount of Safemoon is posted multiple times.
11-09-2021 16:34
IBdaMannProfile picture★★★★★
(14416)
Xadoman wrote:
Xadoman.By being evasive you are fuelling the fire.Proper numbers please and it could go like dogecoin and be at .25 in a few years which is why you have done it.


Numbers are posted. 1900 dollars invested in Safemoon and the amount of Safemoon is posted multiple times.

... not the numbers that were requested.

List all your purchase amounts along with the dates of those purchases and the price paid at the time. You have been totally and consistently evasive on that point.

11-09-2021 16:56
James___
★★★★★
(5513)
IBdaMann wrote:
Xadoman wrote:
Xadoman.By being evasive you are fuelling the fire.Proper numbers please and it could go like dogecoin and be at .25 in a few years which is why you have done it.


Numbers are posted. 1900 dollars invested in Safemoon and the amount of Safemoon is posted multiple times.

... not the numbers that were requested.

List all your purchase amounts along with the dates of those purchases and the price paid at the time. You have been totally and consistently evasive on that point.




Is this a tax audit? Maybe you should ask his total net worth, income, etc. to determine what level of risk he is actually taking.
11-09-2021 22:29
IBdaMannProfile picture★★★★★
(14416)


James___ wrote:Is this a tax audit?

Nope. It's a "James___ clearly hasn't been paying attention" exemplar.

James___ wrote:Maybe you should ask his total net worth, income, etc. to determine what level of risk he is actually taking.

Nope. There is no "should". There are only the questions that have been asked.

Maybe you should pay attention and follow along.

Let me know if you have any other questions.

11-09-2021 22:45
IBdaMannProfile picture★★★★★
(14416)
IBdaMann wrote:On 28 August, 8:00 am Wisconsin time, Safemoon price was up to $0.000003543 based solely on the hype of the release of a mere app, because that's all it takes to con the gullible types that are inclined to buy Safemoon in the first place. Tomorrow morning at 8:00 am Wisconsin time will be the two-week mark and I want to see the Safemoon price at that time.

Report: There has been no Safemoon-specific activity for days. All the Safemoon price data we have been seeing over the past couple of days has been merely the underlying Binance Smart Chain, and that has been riding for extended periods of time on nothing but background fluctuations. Safemoon's price over the previous 17 hours has remained within a 96 SPU window centered around the $0.000001500 mark. There is nothing going on.

With the possible exception of using Safemoon as a shell for transferring value amongst other such scams on the Binance Smart Chain, I cannot think of any reason preventing the Safemoon directors from just rug-pulling everything they have in their liquidity pool right now. They look like they're done here.

IBdaMann wrote:Edit: $0.000001181 represents one-third of Safemoon's 28 August price of $0.000003543. Just keep those figures in the back of your mind.

Safemoon price on 28 August: $0.000003543
Safemoon price on 11 September (two weeks later): $0.000001560
Change: Two-week loss of 56%

12-09-2021 00:02
James___
★★★★★
(5513)
IBdaMann wrote:


James___ wrote:Is this a tax audit?

Nope. It's a "James___ clearly hasn't been paying attention" exemplar.

James___ wrote:Maybe you should ask his total net worth, income, etc. to determine what level of risk he is actually taking.

Nope. There is no "should". There are only the questions that have been asked.

Maybe you should pay attention and follow along.

Let me know if you have any other questions.




You mean like this? https://www.ibtimes.sg/safemoon-developers-flee-slightest-sign-trouble-top-honchos-resign-over-wallet-fiasco-60161

I'm just not sure where paying a 10% fee on every transaction is economically feasible. This almost seems like thinking of it as stock in a company. Of course this might get into how to legally launder money.
And as I mentioned about Bitcoin;

Bitcoin mining involves powerful computers attempting to solve the complex mathematical problems of the Bitcoin algorithm. Solving these problems helps keep the blockchain ledger and network secure trustworthy. All Bitcoin miners contribute to this process. The miner who successfully solves a mathematical problem is awarded Bitcoin.
https://corporatefinanceinstitute.com/resources/knowledge/other/bitcoin-mining/#:~:text=Bitcoin%20mining%20involves%20powerful%20computers%20attempting%20to%20solve,successfully%20solves%20a%20mathematical%20problem%20is%20awarded%20Bitcoin.


With safemoon, its value is not based on anything other than charging a fee for transactions and the token is the stock as well. With Bitcoin, it might just be overpriced stock while with safemoon, it's a volatile prepaid credit card.
I think you know me by now, I prefer science and innovation. I don't think you could get me to trade in a commodities market.
12-09-2021 01:13
SwanProfile picture★★★★★
(5723)
IBdaMann wrote:
IBdaMann wrote:On 28 August, 8:00 am Wisconsin time, Safemoon price was up to $0.000003543 based solely on the hype of the release of a mere app, because that's all it takes to con the gullible types that are inclined to buy Safemoon in the first place. Tomorrow morning at 8:00 am Wisconsin time will be the two-week mark and I want to see the Safemoon price at that time.

Report: There has been no Safemoon-specific activity for days. All the Safemoon price data we have been seeing over the past couple of days has been merely the underlying Binance Smart Chain, and that has been riding for extended periods of time on nothing but background fluctuations. Safemoon's price over the previous 17 hours has remained within a 96 SPU window centered around the $0.000001500 mark. There is nothing going on.

With the possible exception of using Safemoon as a shell for transferring value amongst other such scams on the Binance Smart Chain, I cannot think of any reason preventing the Safemoon directors from just rug-pulling everything they have in their liquidity pool right now. They look like they're done here.

IBdaMann wrote:Edit: $0.000001181 represents one-third of Safemoon's 28 August price of $0.000003543. Just keep those figures in the back of your mind.

Safemoon price on 28 August: $0.000003543
Safemoon price on 11 September (two weeks later): $0.000001560
Change: Two-week loss of 56%



I love your schizzoid images
12-09-2021 05:27
IBdaMannProfile picture★★★★★
(14416)


Report: Safemoon has spent the last 24 hours within a 90 SPU band. The price chart is using 10-SPU increments to enable the Finances induced fluctuations to be visible.

Could we get a doctor to make a pronouncement here? Can we get a sheet to pull over the eyes? There isn't any activity. There aren't any signs of life.

12-09-2021 05:32
IBdaMannProfile picture★★★★★
(14416)


Swan wrote:I love your schizzoid images


LOL Yawn. LOL.

12-09-2021 08:24
Xadoman
★★★★☆
(1035)
There isn't any activity. There aren't any signs of life.


418964955.392 SAFEMO 10.09.2021
419056569.396 SAFEMO 12.09.2021
12-09-2021 10:45
Xadoman
★★★★☆
(1035)
Xadoman, what is your "made it" car?


Already answered but again - Audi q7 6.0 V12 turbodiesel with 368 kw or ca 500 hp.

Here is a little video how this "old trainwreck" compares to a new e-tron.

https://www.youtube.com/watch?v=qFbnvGY-WX8&ab_channel=carwow

The v12 would have won the race but the factory had to tune down the engine because the gearbox would not handle the torque and it would simply explode.

A few key elements regarding the q7:

1.V12 engine - should be incredibly smooth. Almost perfectly balanced.

A quote from manolis:

Regarding the balance and the smoothness.

Revetec: "And a 4,6 and 8 cylinder engine is that unbalanced that it causes problems in normal operation. Can anyone on this forum feel the vibration from piston inertia when they rev their engine? You can balance a fifty cent piece on its side of a running Nissan RB20.....Seems a real problem..."

Wrong.
The balance of the straight 6 is very good, the balance of the V-8 is almost excellent, the balance of the V12 is excellent.

The straight six engine, compared to the common V8, suffers from inertia torque.
As for the six in V engines, they are not as good balanced as the straight 6. In some cases of "quality V six" they involve additional balancing shaft. It is unreasonable an automaker to decide to load his engine with additional weight, friction, noise and cost, unless the improved balancing makes noticeable difference.


2. Ceramic brakes - those are so efficient that make ordinary brakes feel like you have no brakes at all.

3. the price - around 25-30 kUSD . It looks quite a good deal for me.

IbdaMann, as I already said you should join the team and help them to start delivering the goods. I can get my car and you are going to make many people very happy!!!
Edited on 12-09-2021 10:48
12-09-2021 14:59
IBdaMannProfile picture★★★★★
(14416)
Xadoman wrote:IbdaMann, as I already said you should join the team and help them to start delivering the goods. I can get my car and you are going to make many people very happy!!!


Safemoon is defunct it seems. There is nothing but the Binance timing signal. We are approaching the third complete day of Safemoon price varying less than 100 SPUs. The last 24 hours has seen Safemoon's price vary by only 63 SPUs.

.
Attached image:

12-09-2021 17:56
IBdaMannProfile picture★★★★★
(14416)
Xadoman wrote:418964955.392 SAFEMO 10.09.2021
419056569.396 SAFEMO 12.09.2021

You are boasting about receiving just under $0.14 (0.12 Euros) while refusing to disclose the full data on your purchases.

That is really all the elucidation needed to close out gfm7175's question about your dishonesty.

At this point you are pulling a Subduction Zone (mantra 29 on Into the Night's mantra list).

Safemoon is still unwavering except for the Binance timing signal.

Current Safemoon Price: $0.000001502

12-09-2021 19:55
IBdaMannProfile picture★★★★★
(14416)


James___ wrote:I'm just not sure where paying a 10% fee on every transaction is economically feasible.

Are you really wondering why the Safemoon directors consider a 10% transaction fee "economically feasible" ... for them? Really?

James___ wrote: With safemoon, its value is not based on anything other than charging a fee for transactions and the token is the stock as well.

Incorrect. Safemoon's value to the Safemoon directors is its ability to get gullible people like Xadoman to just hand over their cash for merely promising a totally unrealistic ROI.

As long as there are people like Xadoman who will just gift large sums of money if the promises are sufficiently absurd, there will be people like the Safemoon directors who are willing to make sufficiently absurd promises and to welcome the huge monetary gifts. They will be glad to promise 10,000,000% ROI at zero risk. They will be happy to promise a stupid app and to string their cash donors along for months in order to secure months of cash donations. They will jump at the chance to promise a $1,000,000 donation to "charity." The Safemoon directors know that they don't ever need to fulfill any of their absurd promises; they only need to make their promises numerous and exceedingly ridiculous because that's what people like Xadoman are really buying, i.e. the promises and not really the fulfillment of any of them.

James___ wrote: I prefer science and innovation.

Yes, you certainly have a thing for innovation.

I don't know if you have noticed, but the price axis on the Safemoon price chart is graduated at 0.000001 of a cent. Yes, you read that correctly. The price chart is not marked in increments of one dollar, nor is it even marked in increments of one cent. Not one-tenth of a cent or one one-hundredth. 0.000001 of a cent ... because otherwise the price chart would be totally flat, i.e. a straight line. That level of granularity is needed to at least allow the Binance background noise to be visible.

Current Safemoon Price: $0.000001492


Attached image:


Edited on 12-09-2021 19:59
12-09-2021 20:12
IBdaMannProfile picture★★★★★
(14416)
I just thought I'd share this with everyone:

(On CoinMarketCap) Those new to crypto beware of Safemoon

https://coinmarketcap.com/headlines/news/Those-new-to-crypto-beware-Safemoon/

[b]Crypto Daily™ Published 1 week ago on August 31, 2021 11:45

Those new to crypto beware of Safemoon

Richard Heart is a prominent and outspoken member of the crypto community. He compares Safemoon to Powh Coin, an alleged ponzi scheme that went out of business in 2018.

Richard Heart is the larger-than-life CEO and founder of the cryptocurrency platform Hex. He's certainly unafraid to take people or projects to task if he believes that they are not acting in the best interests of the community, and this is what he did when asked on his Twitter account if he thought Safemoon was a scam.

Heart followed up by warning all investors that Safemoon is just a copy of other ponzi schemes from 2017. He referred to the project Powh Coin as the "mirror reflection" of Safemoon, posting snapshots of the similarities in the business model of both projects.

According to the International Business Times, which covered this story, Powh Coin was publicised all over social media as being a legitimate pyramid scheme.

Due to this, the coin grew quickly and reached a value of around a million dollars. However, it appears that the Powh Coin devs coded a back-door into the token that allowed unidentified third parties to approve investor transactions and siphon them off to other accounts.

The malicious code behind the token enabled an unidentified person to sell on behalf of an investor without them knowing. It also allowed them to send the proceeds into their own account rather than that of the investor.

According to the International Business Times:

"The coin vanished in 2018 after draining out all the money and left investors high and dry with nothing but screenshots of their assets."

The cryptocurrency sector is still extremely nascent, and therefore there will always be scams to take advantage of the unwary and those new to the sector.

Safemoon appears to be one of a series of "meme coins" that new crypto investors are snapping up, no doubt due to the amount of promotion they receive on social media. All should beware, and do your own due dilligence, but also try to get advice from the more reliable sources in the crypto industry.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
12-09-2021 23:13
gfm7175Profile picture★★★★★
(3314)
Swan wrote:
IBdaMann wrote:
IBdaMann wrote:On 28 August, 8:00 am Wisconsin time, Safemoon price was up to $0.000003543 based solely on the hype of the release of a mere app, because that's all it takes to con the gullible types that are inclined to buy Safemoon in the first place. Tomorrow morning at 8:00 am Wisconsin time will be the two-week mark and I want to see the Safemoon price at that time.

Report: There has been no Safemoon-specific activity for days. All the Safemoon price data we have been seeing over the past couple of days has been merely the underlying Binance Smart Chain, and that has been riding for extended periods of time on nothing but background fluctuations. Safemoon's price over the previous 17 hours has remained within a 96 SPU window centered around the $0.000001500 mark. There is nothing going on.

With the possible exception of using Safemoon as a shell for transferring value amongst other such scams on the Binance Smart Chain, I cannot think of any reason preventing the Safemoon directors from just rug-pulling everything they have in their liquidity pool right now. They look like they're done here.

IBdaMann wrote:Edit: $0.000001181 represents one-third of Safemoon's 28 August price of $0.000003543. Just keep those figures in the back of your mind.

Safemoon price on 28 August: $0.000003543
Safemoon price on 11 September (two weeks later): $0.000001560
Change: Two-week loss of 56%



I love your schizzoid images

I love your schizzoid posts... How have your glacial moraine farms been coming along?


12-09-2021 23:20
gfm7175Profile picture★★★★★
(3314)
Xadoman wrote:
There isn't any activity. There aren't any signs of life.


418964955.392 SAFEMO 10.09.2021
419056569.396 SAFEMO 12.09.2021

Continued evasion of the questions/requests put to you.

List all of your purchase dates, purchase amounts, and the "going rate" that you made each purchase at.

Instead of being intentionally vague and evasive, you could at the very least be honest and admit that you are DAMN ashamed of just how much money you have lost via transferring your savings over to the Safemoon directors for them to go to Mexico with it.


13-09-2021 01:20
IBdaMannProfile picture★★★★★
(14416)


Question for the board:

Pretend hypothetically that you are the people running the Safemoon scam. You have said and done everything humanly possible to milk your loyal army of "Safemoon HODLers" out of virtually every penny you could ... to the point of there finally being zero Safemoon activity for three days.

Question: What financial reason is there to prevent you from beginning to pull the rug out right now and start draining all remaining value out of Safemoon?

Current Safemoon Price: $0.000001428

13-09-2021 01:49
IBdaMannProfile picture★★★★★
(14416)


gfm7175 wrote:Instead of being intentionally vague and evasive, you could at the very least be honest and admit that you are DAMN ashamed of just how much money you have lost via transferring your savings over to the Safemoon directors for them to go to Mexico with it.

That's exactly why he's dishonest. He's ashamed. Look at the extent to which he is willing to say stupid things.

When you and I recommended he pull his money out of Safemoon and cut his losses, Xadoman was too embarrassed to admit that he was paralyzed by Safemoon's propaganda and mind games and was rendered unable to act in his own best interests. He was quick to offer the lame excuse that he didn't care about such a "small amount" of money and that he didn't want to miss out on the possibility that Safemoon would turn his "small amount" of money into a "life-changing" amount.

Let's ask ourselves what we believe Xadoman would do in a similar situation. Suppose Xadoman had a "small amount" (a few thousand $$) of cash that he mistakenly set down on a burning stove because he did not realize that it was a stove. You and I notice that it is very much a stove and that his cash is catching fire. We alert him to the fact that he put his cash on a burning stove and not in a protective safe as he had thought, and we advise him to remove his cash from the stove immediately and salvage all that he can. Duncan jumps in and tells us to shut up, that it's Xadoman's money and that he can do whatever he wants with it. Duncan then congratulates Xadoman on his move to the stove and then proceeds to tell the board about family members who enjoyed peace of mind by putting money in safes. Xadoman insists that he is in it for the "long haul" and that it doesn't matter if 62% of his cash has already burned away because his goal is to get to $1 billion ... and he really doesn't want to lose out just because he pulled his cash off the stove too soon.

Xadoman then posts how he was able to light cigarettes just from having his cash on the stove:

5.392 CIGARETTES 10.09.2021
9.396 CIGARETTES 12.09.2021

Does this sound about right?

Current Safemoon Price: $0.000001431

13-09-2021 07:25
Xadoman
★★★★☆
(1035)
FIAT money is a slow rugpull. You lose your hard earned dollars to inflation
Sometimes people lose their life savings , I have seen it with my own eyes how my neighbour lost all of his savings. He bought cookies and candies and some soda with the money he saved during 20 years of wageslaving.
13-09-2021 09:17
IBdaMannProfile picture★★★★★
(14416)


IBdaMann wrote:Question for the board:

Pretend hypothetically that you are the people running the Safemoon scam. You have said and done everything humanly possible to milk your loyal army of "Safemoon HODLers" out of virtually every penny you could ... to the point of there finally being zero Safemoon activity for three days.

Question: What financial reason is there to prevent you from beginning to pull the rug out right now and start draining all remaining value out of Safemoon?

Current Safemoon Price: $0.000001428

Followup question for the board: Are the Safemoon directors draining the last remaining value out of Safemoon right now?

There isn't much left. The current Safemoon price is back down into 13XX ... not because of any massive selling on the part of the HODLers ... they're committed to HODLing at this point. There isn't any activity beyond the directors' bleeding Safemoon dry. It sure looks to me like a final draining of the tub is going on. Slow and steady, otherwise keeping the safemoon price practically flat (24-hour spread of only 180 SPUs) ... but slowly and gently pulling out the value. I think the end draweth nigh.

Yes, I predicted Safemoon would be officially defunct in three days (on September 16) and we'll see how close I am to being on target, but if you look at Safemon trading, it is already dead. I don't see any motivation for Safemoon to remain active. I don't see any motivation for the directors to not pull out whatever money they can and use it elsewhere. I believe we have arrived at Safemoon's final days.

Current Safemoon Price: $0.000001386

Note: Safemoon has been under baseline ($0.0000014) for over an hour now so we start our watch.

13-09-2021 09:21
IBdaMannProfile picture★★★★★
(14416)


Xadoman wrote:FIAT money is a slow rugpull.

... but you are trying to get a lot of it.

Xadoman wrote:You lose your hard earned dollars to inflation

So you are saying that because inflation exists, we should give our money to people making absurd promises?

13-09-2021 14:11
Xadoman
★★★★☆
(1035)
I bought some more today. My coal is to get to 1 billion.


953188125.141 SAFEMO 13.09.2021
13-09-2021 16:25
IBdaMannProfile picture★★★★★
(14416)
Xadoman wrote:I bought some more today. My coal is to get to 1 billion.
953188125.141 SAFEMO 13.09.2021

I'm guessing that you bought at 2:15 am Wisconsin time or just before midnight.

953188125.141 today
419056569.396 yesterday
534131555.745 purchased this morning.

So you made the conscious decision to buy 534,131,555.745 more Safemoon, simply because you decided to make a "goal" of acquiring a large number of purely imaginary objects?

To this end, you spent $747.78 (EUR640) when you had stated up to this point that you are strapped for cash. Hmmm.

Did you buy more because the plummeting price tells you that NOW is the time to buy, and the FOMO is unbearable?

13-09-2021 16:26
gfm7175Profile picture★★★★★
(3314)
IBdaMann wrote:
gfm7175 wrote:Instead of being intentionally vague and evasive, you could at the very least be honest and admit that you are DAMN ashamed of just how much money you have lost via transferring your savings over to the Safemoon directors for them to go to Mexico with it.

That's exactly why he's dishonest. He's ashamed. Look at the extent to which he is willing to say stupid things.

When you and I recommended he pull his money out of Safemoon and cut his losses, Xadoman was too embarrassed to admit that he was paralyzed by Safemoon's propaganda and mind games and was rendered unable to act in his own best interests. He was quick to offer the lame excuse that he didn't care about such a "small amount" of money and that he didn't want to miss out on the possibility that Safemoon would turn his "small amount" of money into a "life-changing" amount.

Let's ask ourselves what we believe Xadoman would do in a similar situation. Suppose Xadoman had a "small amount" (a few thousand $$) of cash that he mistakenly set down on a burning stove because he did not realize that it was a stove. You and I notice that it is very much a stove and that his cash is catching fire. We alert him to the fact that he put his cash on a burning stove and not in a protective safe as he had thought, and we advise him to remove his cash from the stove immediately and salvage all that he can. Duncan jumps in and tells us to shut up, that it's Xadoman's money and that he can do whatever he wants with it. Duncan then congratulates Xadoman on his move to the stove and then proceeds to tell the board about family members who enjoyed peace of mind by putting money in safes. Xadoman insists that he is in it for the "long haul" and that it doesn't matter if 62% of his cash has already burned away because his goal is to get to $1 billion ... and he really doesn't want to lose out just because he pulled his cash off the stove too soon.

Xadoman then posts how he was able to light cigarettes just from having his cash on the stove:

5.392 CIGARETTES 10.09.2021
9.396 CIGARETTES 12.09.2021

Does this sound about right?

Current Safemoon Price: $0.000001431

That sounds EXACTLY right, and highlights just how ridiculous duncan's advice and Xadoman's behavior has been.


13-09-2021 16:34
gfm7175Profile picture★★★★★
(3314)
Xadoman wrote:
I bought some more today. My coal is to get to 1 billion.

953188125.141 SAFEMO 13.09.2021

Watch them "reflections" roll in NOW!!!!
You sure showed US!!!


Quick math question for you: What is a billion times zero??


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