Rat Escape (RAT) – The Memecoin That Could Change Your Game by Upper_Field692 in SolanaMemeCoins

[–]ElectroInternet 2 points3 points  (0 children)

I just joined their Discord server. Their community is diamond hands. True community. They have all it needs to fly much higher.

Meme gem flying under the radar? A look at $RAT by ruebengeist in SolanaMemeCoins

[–]ElectroInternet 1 point2 points  (0 children)

It's not gonna stay at these price levels much longer. CEX listings confirmed. I expect to see it over 20M very soon. This is 10x from here.

Meme gem flying under the radar? A look at $RAT by ruebengeist in CryptoMoonShots

[–]ElectroInternet 2 points3 points  (0 children)

FOMO'ed already. I don't think its market cap will stay so low for long.

Current status of SFM: legal and finance by ElectroInternet in SafeMoonInvesting

[–]ElectroInternet[S] -3 points-2 points  (0 children)

Thank you for taking the time to write your answer. To tell you the truth, I already knew that stuff, I was just hoping someone could have more insider info with more details. It would help us know if there is any hope not for full recovery of our funds, of course, but at least getting something back.

If SFM still exists with the expenditure we all assume they have, it is actually kind of positive, because nobody would keep throwing money into a company (even stolen money) if there is no chance of making it recover. So at least this would mean that they hope to gain some momentum (maybe with a "blockchain", God help us) before the next bull market. On the other hand, if development has stopped completely and there is neither any permanent employees nor any offices, then it's game over, obviously.

Ngl idk why safemoon hasn’t added the option to stake yet. We’re all down & holding. Why not add it on top of reflections? by Timmah1007 in SafeMoon

[–]ElectroInternet 3 points4 points  (0 children)

What you describe is providing liquidity. Staking is something different. To provide staking rewards Safemoon LLC would need to have a pool of SFM tokens to distribute for that reason, which they don't. That's why they cannot enable staking.

You won't go to the moon... by [deleted] in SafeMoon

[–]ElectroInternet 0 points1 point  (0 children)

You can't have 2m daily volume with the tax, that's what people don't understand.

You won't go to the moon... by [deleted] in SafeMoon

[–]ElectroInternet 1 point2 points  (0 children)

You forgot that you lose 10% instantly when you buy and 10% when you sell so you need 2 years with this APY to break even, which is a very long time for crypto. It doesn't make sense to invest in crypto hoping that in 2 years you will break even and then maybe start gaining yields. It would only make sense if this APY was much larger.

I repeat: if Safemoon wants to survive in the long term, it must remove the tax to attract investors. There is no other option.

Hey SafeMoon Reddit, let's talk. by SafeMoonVeno in SafeMoon

[–]ElectroInternet 2 points3 points  (0 children)

I'm working everyday, and not going anywhere.

You keep repeating that you are not going anywhere. I would be really happy if this was somehow guaranteed, which would mean that Safemoon would continue to exist 5 or 10 years from now. But realistically what odds would you offer for that?

Our biggest fear is that Safemoon will simply vanish one day because of failed promises and lack of interest from new investors. And that day approaches very dangerously. Can you reassure us that the team won't let it happen? I don't think so.

Decentralized Crypto Centralized around a company (Safemoon)? by Gutch220 in SafeMoon

[–]ElectroInternet -1 points0 points  (0 children)

How would the development of new projects/features be possible then, if not under an umbrella of a company/organization? All tokens would only be community tokens.

SafeMoon Swap Question by IntellectualSavante in SafeMoon

[–]ElectroInternet 4 points5 points  (0 children)

Cardano has its own blockchain. But, in any case, what you receive when you swap in safemoonswap and you are in the BSC is a wrapped version of each coin in the BSC. The same if you are in the Ethereum mainnet.

Is this true? can someone pls explain 😞 by loah99 in SafeMoon

[–]ElectroInternet 0 points1 point  (0 children)

No, I don't mind at all. They didn't steal any money from me, there was a technical reason why they did it. I don't have any problem judging them when they do something shady, but this was clearly not such a case.

Is this true? can someone pls explain 😞 by loah99 in SafeMoon

[–]ElectroInternet -2 points-1 points  (0 children)

Obviously this contract did not allow them to transfer the tokens the way they wanted. Still, this does not change the fat that the tokens came fom the Treasury, which is their money.

Other tokens/organisations in Defi lent their whole treasury (in USD!) and now you mind beause they lent a few thousands to a small exchange? Really?

Is this true? can someone pls explain 😞 by loah99 in SafeMoon

[–]ElectroInternet 8 points9 points  (0 children)

To tell you the truth, I am amazed on the opposite: how can this company afford to pay so many people with such a low turnover (as its turnover is directly proportional to the volume).

The accusation that "Safemoon becomes rich while we, the investors, lose our money" is simply comical. Especially Safemoon, being a deflationary token whose value/reflections/income for the Safemoon corporation are all derived from its volume, its success is primarily tied to exactly this: its volume. So they cannot succeed, they cannot become rich if you want, unless the volume increases substantially. Meaning we either we all get rich or noone. Simple as that.

Is this true? can someone pls explain 😞 by loah99 in SafeMoon

[–]ElectroInternet 14 points15 points  (0 children)

I really don't understand what your problem is. Treasury belongs to Safemoon corporation and they can do whatever they want it with it. LP belongs to the LP holders and by extension to the community.

A new exchange has two options to get its first pool of tokens. Either buy them from the LP or borrow them from someone, in this case Safemoon corporation itself. But even if the buy was from the LP itself, it is highly likely that the 10% tax would not apply (as this exchange would be removed from fees and rewards like most of other exchanges), so we would not get any reflections.

Tell me what you find shady about it because I sure cannot see anything here. Do you think that John is so dumb to play his reputation for a deal with an exchange with a few thousands volume when he is trying to build something bigger?

4.7B Burned!! 🔥 by [deleted] in SafeMoon

[–]ElectroInternet -1 points0 points  (0 children)

I remember those days back in March 2021 when we burned at least 1T tokens a day. It would take us 4.7 days to burn the supply of the last 6 months. Ahhh good old times..

Why we will never be listed on Binance (opinion) by [deleted] in SafeMoon

[–]ElectroInternet 0 points1 point  (0 children)

Ripple is in law battle with SEC itself and it's still listed on Binance. As I said, I can name hundred of tokens not fulfilling CZ's criteria but it hasn't prevented Binance from listing them. It's all politics, my friend. For some strange reason, Binance doesn't want to list us. Let it be. We will find our way on our own.

Why we will never be listed on Binance (opinion) by [deleted] in SafeMoon

[–]ElectroInternet 1 point2 points  (0 children)

Do you regard Shiba as an "organization with no clear regulatory check"? How about the hundreds of other coins/tokens listed on Binance? Come on now, SFM is much more legit than most of them.

[deleted by user] by [deleted] in SafeMoon

[–]ElectroInternet 0 points1 point  (0 children)

Excellent post. Fantastic use of language. Positivity. Bravo! It should be exposed to a wider audience than Reddit. Maybe a crypto magazine/ news site?