Easest way for me to get SafeMoon,

1. Download Trust Wallet
2. Purchase BNB from within App
3, Trade BNB for SafeMoon

Its pretty cool watching your SafeMoon qty increase when you refresh
watching the tokenonmics working

Finally got some money into safemoon. Took awhile lol

Will someone please tell me the hype behind safemoon

BobFriend13 said:

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Will someone please tell me the hype behind safemoon

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I don't get it either. It seems kind of fishy. Some crypto experts think it's a rug pull.

It's name is safemoon. I'm going to play my old man card here and say you aren't serious if your name is clown like safemoon. I would say the same about Dogcoin but when you live in a world where everywhere is irrational than anything is possible in the most ironic of ways.

I got 5,000,000 for less than $50. Not gonna lose any sleep over if it's serious or not.

SitonapotatopanOtis said:

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Easest way for me to get SafeMoon,

1. Download Trust Wallet
2. Purchase BNB from within App
3, Trade BNB for SafeMoon

Its pretty cool watching your SafeMoon qty increase when you refresh
watching the tokenonmics working

---

Is that because people are selling and it's redistributed?

Maybe I'm missing something but how do you swap the BNB for SafeMoon? I don't see it listed on the trust app so it seems like this is missing a step or two?

After watching this video, especially the part where he describes the safemoon "tokenomics," I'm even more convinced I don't want safemoon. It seems like safemoon is a cryptocurrency pyramid scheme.

Interesting tweet

❌ Scam Advisory #115 - SafeMoon #SAFEMOON (0x8076C74C5e3F5852037F31Ff0093Eeb8c8ADd8D3)

Reason: Owner owns more than 50% of the liquidity and refuses to fix it. He could pull LP and sell tokens, creating a rug pull.

Likeliness of losing all funds: Absolute

DYOR. #WARONRUGS❌ pic.twitter.com/bzmr9JflWD

— #WARONRUGS❌ (@WARONRUGS) April 20, 2021

Safemoon is definitely somthing to research and feel out yourself and go with your gut on but waronrugs is a scam himself if you dig into him so I really wouldnt go on that twitter accounts word. The dev team tries to do 2 AMAs a week, you see their faces know their names they are completely doxed, so if anyone wants to get into safemoon I would watch an AMA and just feel them out. But yeah that waronrugs guy is a scam himself

BobFriend13 said:

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Will someone please tell me the hype behind safemoon

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It has the word moon in it and it's cheap. It can be taken to the moon with a couple big names people tweeting about it.

I put gambling money into it because I have a better chance of making money here than on a 3 hour baseball game and I won't lose it as fast either. Also picked up about 2m coins in a week so as the price fell I was not losing a lot because I kept generating coins along the way

aggiengeorgia10 said:

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Safemoon is definitely somthing to research and feel out yourself and go with your gut on but waronrugs is a scam himself if you dig into him so I really wouldnt go on that twitter accounts word. The dev team tries to do 2 AMAs a week, you see their faces know their names they are completely doxed, so if anyone wants to get into safemoon I would watch an AMA and just feel them out. But yeah that waronrugs guy is a scam himself

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So two scams interacting with each other. Interesting.

Also here's the rub, this claim "It seems like safemoon is a cryptocurrency pyramid scheme." Describes the price model behind basically all crypto.

You have to grow from somewhere. You start with the owner having all of the LP and owns a smaller and smaller piece as it gains adoption, so owning 50% doesn't tell me much. In fact if they own too little of the LP then that means they didn't put very much money up front, and don't really believe in it. Also it means one whale could pull out from under them.

It's tricky stuff, as I'm quickly learning myself.

This, however, is a little more concerning.

https://t.co/lmKFNFnrL3

Didn't #Safemoon get enough already so they pulled another million right under our noses again? Freshly generated liquidity still goes straight to the team, where they seems to pull it. Shady af. Better put the BNB back there.#SafeMoonIsMilkingInvestors

— #WARONRUGS❌ (@WARONRUGS) May 6, 2021

If they're just cutting and running every time it pumps, that's not great.

It's beautiful isnt it, lol

Said **** it and put a little in Dogecoin. I don't think it's done running!

so is doge going to $1 with elon this weekend?

Decay said:

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Also here's the rub, this claim "It seems like safemoon is a cryptocurrency pyramid scheme." Describes the price model behind basically all crypto.

You have to grow from somewhere. You start with the owner having all of the LP and owns a smaller and smaller piece as it gains adoption, so owning 50% doesn't tell me much. In fact if they own too little of the LP then that means they didn't put very much money up front, and don't really believe in it. Also it means one whale could pull out from under them.

It's tricky stuff, as I'm quickly learning myself.

---

The thing that is a huge red flag for me is that safemoon doesn't provide any utility for the world. What's it's purpose? There's no real value behind it. Would anyone ever spend it? My thought is no if they'd be penalized by 10% whenever they take it out of safemoon.

Also, it seems like safemoon just wants you to hold your money there and try to get all your friends to buy in too because "tokenomics."

Goldman has set up the first crypto trading team on Wall Street:

https://www.cnbc.com/2021/05/07/goldman-sachs-unveils-new-cryptocurrency-trading-team-in-employee-memo.html

Derivatives only for now and not physical crypto.

XXXVII said:

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When Cardano gets their blockchain newtork fully working I think it will be better than Ethereum 2.0. It's easier to program for. You may start to see Ethereum apps switching over to Cardano.

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That's what I've been Banking on since Feb. A click of a button and the ERC20 converter brings any ETH protocol over to Cardano.

What Cardano is doing is truly going to revolutionize the space. Mutli-functional ecosystem that businesses, governments, and individuals can use.

I'm waiting to see what happens with the exchange and the wallet, I made enough to pull out my original 200 dollars now I'm just letting my 250 million safemoon that I have left ride. The video game and crypto investing education app dont do anything for me so if tge wallet and the exchange turn into something then great, if not then well I'm not out anything. Nothing wrong with getting into something early that could turn into something plus it has a fast growing community. Do as much research as you can if you are planning to get I to it, things definitely throw up red flags, they got their certik audit but in the end that doesnt mean anything. Popularity and money also mean nothing, bitconnect and onecoin were popular and made money and we see what happened with those. I like the team, their AMAs are good but always be suspect of coins like these. Now everyone stop spreading FUD so I can be rich dammit lol. Also again waronrugs is a scammer there are better people to listen too, John has offered for waronrugs to cone on an AMA and he will answer any questions he has on front of a live audience and WOR refuses. WOR also shills scam coins he is involved in

Decay said:

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Also here's the rub, this claim "It seems like safemoon is a cryptocurrency pyramid scheme." Describes the price model behind basically all crypto.

You have to grow from somewhere. You start with the owner having all of the LP and owns a smaller and smaller piece as it gains adoption, so owning 50% doesn't tell me much. In fact if they own too little of the LP then that means they didn't put very much money up front, and don't really believe in it. Also it means one whale could pull out from under them.

It's tricky stuff, as I'm quickly learning myself.

---

The pyramid scheme part isn't because the owners have a big stake it's because you make money by bringing more people into the pyramid via the "tokenomics". Every new holders makes the ex holders a small cut when they join and the base of the pyramid gets bigger.

Safemoon is so obviously a hype pump and dump situation but that doesn't mean you can't make money off it. Will be -98% this time next year but could go up a lot in between.

I'm seeing a lot of hype around this ICP token. Any current holders on here?

Chrundle the Great said:

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Decay said:

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Also here's the rub, this claim "It seems like safemoon is a cryptocurrency pyramid scheme." Describes the price model behind basically all crypto.

You have to grow from somewhere. You start with the owner having all of the LP and owns a smaller and smaller piece as it gains adoption, so owning 50% doesn't tell me much. In fact if they own too little of the LP then that means they didn't put very much money up front, and don't really believe in it. Also it means one whale could pull out from under them.

It's tricky stuff, as I'm quickly learning myself.

---

The pyramid scheme part isn't because the owners have a big stake it's because you make money by bringing more people into the pyramid via the "tokenomics". Every new holders makes the ex holders a small cut when they join and the base of the pyramid gets bigger.

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Gotcha. I guess I was more responding to the tweet linked.

Interesting about how they rebase though. Codifies the pyramid aspect. Problem is that everyone loves a pyramid scheme if they think they're at the bottom...

Premined tokens... well you'll find out sooner or later.

Bitcoin had no premine it was public and mineable at the earliest juncture at equal opportunity.

Loving LINK right now. ADA, ALGO and VET are doing good too

aggiengeorgia10 said:

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Loving LINK right now. ADA, ALGO and VET are doing good too

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Might move mine to cash soon and take advantage of these ATHs.

Once you have BNB in your Trust wallet, you need to go to
https://pancakeswap.finance/ and go to Trade- Exchange, and and connect your Trust Wallet or MetaMask wallet to the blockchain
.
Once your wallet is linked, you can swap BNB for SafeMoon or any other coins
on that exchange. Use V1 on Pancakeswap and set slippage to 12%

Yea ever trade there is a 10% tax, 5 % gets burned and 5% gets redistributed back to original holders

I have nothing against pancakeswap hell it's how I get some of my altcoins like ONE but just a PSA if you connect your wallet to pancakeswap make sure you disconnect your wallet from it after you are done

Agree. Good point. Always disconnect!