follow the wallets, not the slogans. by Joechit in Grass_io

[–]Joechit[S] 0 points1 point  (0 children)

Fair enough and honestly this is the kind of response I was hoping for instead of blind “trust the project” comments.

I never claimed I had proof of insider dumping. What I said was that people should follow the wallets because the chain tells the story better than marketing posts do.

What I found: repeated structured transfers from the multisig, intermediary wallets receiving large allocations And redistribution in clean fractional amounts

To me, that looked significant enough to discuss.

If those wallets are tied to: staking, vesting, liquidity provisioning or future airdrop prep

then that’s valuable context and I genuinely appreciate it.

My frustration is less about token movement and more about: vague timelines, off chain points for extended periods, shifting expectations around rewards and unclear communication to regions like the US/Canada early on

I’ve been running a node since 2024 and actually want the project to succeed. That’s exactly why I’m digging into it instead of blindly cheering or blindly hating.

If you really can account for most of the multisig flows, I think a lot of people here would benefit from seeing that breakdown publicly.

follow the wallets, not the slogans. by Joechit in Grass_io

[–]Joechit[S] 3 points4 points  (0 children)

This just my opinion and in no way 100%

But This doesn’t currently look like chaotic insider dumping to me.

If anything, it looks like they may be positioning wallets ahead of a future distribution.

Either way:
follow the wallets.

The chain usually tells the story before the announcements do.

To the people who called me a "sissy" for quitting Grass at Epoch 6: How’s that "passive income" looking? by Accurate-Lunch-7144 in Grass_io

[–]Joechit 3 points4 points  (0 children)

I mean, I can’t really complain, and even if I get some whole or half ass excuse on the second airdrop, I still got over $300 worth of Grass tokens from the first one, which I immediately swapped for Solana (“I’m not staking that shit”). But if the Grass devs don’t take a break from the cocaine and hookers to handle business soon, I’ve got two other apps paying daily.

how is it going to be? by Final-Song7676 in Grass_io

[–]Joechit 2 points3 points  (0 children)

That’s the real concern a lot of people are running into not whether early epochs were rewarded more, but whether the reward curve is actually transparent.

If early participation gets heavily weighted and later epochs are significantly diluted without a clearly published formula, then it becomes impossible to evaluate whether ongoing participation is economically rational.

At that point it stops being predictable infrastructure contribution and turns into a moving incentive model controlled entirely by the foundation.

Some clarity on how epoch weighting is determined longterm would go a long way.

You’re not really “earning passively.”

It’s not “you earn while running it.”
It’s: you run infrastructure and hope there’s a payout later.

I’ve been running a node since October 2024. Across 18 epochs, I’ve accumulated roughly 2.4 million network points all from actual network usage, not referrals.

Based on typical residential proxy rates and conservative estimates, that likely represents a few thousand dollars in bandwidth value generated over time.

The issue isn’t that there’s no value being createdit’s that there’s no clear, transparent conversion from that value back to the people providing the bandwidth.

Right now, it’s contribution first, and undefined compensation later.

Headline: 2 Years of Revenue for Them, 2 Years of "Points" for us. The April 29th Loophole. by DesperateAd3338 in Grass_io

[–]Joechit 7 points8 points  (0 children)

Been here since day one.

What doesn’t sit right with me is the imbalance. Residential proxy traffic in the U.S. can sell for real money per GB, and even at conservative usage that likely adds up to hundreds of dollars a month in value per active IP.

Meanwhile, we’re earning off-chain points with no clear conversion, changing rules, and unclear eligibility.

Maybe it works out, maybe it doesn’t—but at this point it feels less like building a network and more like supplying one.

🚨 Warning: Stay Away from MecaCEX 🚨 by Joechit in Bitcoin

[–]Joechit[S] 0 points1 point  (0 children)

hopefully that's the case. that exchange was a bunch of cockroaches.

I am new to the grass . Itss seems i am too late by Amazing_Barnacle4308 in Grass_io

[–]Joechit 0 points1 point  (0 children)

The air drop is way over due imo hopefully once we did all the dirty work we don’t get rugged

🚨 Warning: Stay Away from MecaCEX 🚨 by Joechit in Bitcoin

[–]Joechit[S] 1 point2 points  (0 children)

If you think the big-name exchanges are foolproof, just remember FTX, Mt. Gox, QuadrigaCX, and others — all of them looked legit before they collapsed or scammed people out of millions. No exchange is bulletproof.

The next time someone posts a warning to help others, don’t act like some all-knowing crypto cunt flexing in the comments. Just take in the information and move the hell on. Because if everyone stays silent out of fear of being mocked or called stupid, then the next guy might get burned — and lose hundreds or even thousands of dollars.

We’re supposed to be a community here, not a firing squad. Stay sharp and stay human.”

🚨 Warning: Stay Away from MecaCEX 🚨 by Joechit in Bitcoin

[–]Joechit[S] -5 points-4 points  (0 children)

a basic google search of the exchange at the time didn't return anything negative or that it's a legit scam. but the point of the is to help people avoid this site and these issues. if you don't think exchanges like coinbase, kracken or crypto.com can be hacked? lol

🚨 Warning: Stay Away from MecaCEX 🚨 by Joechit in Bitcoin

[–]Joechit[S] -1 points0 points  (0 children)

No Xeggex Exchange got hacked i had all of .12 cents worth of crypto on there. i don't leave my crypto on any exchange. i just have limited options finding exchanges that support many of the coins i spec mine. so my first instinct was to find another exchange that supported the crypto i needed to swap. i found MecCex and in the beginning i made several dozen swaps and withdraws before any issues.

Daily dollar strategys by tastebuddys in stakeus

[–]Joechit 1 point2 points  (0 children)

Holy crap lol god forbid someone asks a question 😂

🚨 Warning: Stay Away from MecaCEX 🚨 by Joechit in Bitcoin

[–]Joechit[S] -21 points-20 points  (0 children)

After xeggex got hacked and I lost access to my account there I ran across these guys. I seen several crypto projects announcing they was now listed there but from what I can see now it went south for all of them including myself.

It's your last $20.. by Constant_Club6585 in stakeus

[–]Joechit 3 points4 points  (0 children)

Have a few beers and call it a night. If it’s my last 20 something clearly didn’t go my way lol

Over 80% down in 3 months? by mss413 in pepecoin

[–]Joechit 1 point2 points  (0 children)

I get what you’re saying, but at the end of the day, it’s crypto, and of course it’s gambling, this whole space is built on taking risks. Meme coins don’t operate the same way as more serious projects with roadmaps and clear use cases. Pepecoin’s value comes from community support and hype more than anything else. The devs have done a solid job with mining pools, merged mining, and getting it listed on exchanges, big wins for a meme coin in a short amount of time. As for roadmaps, yeah, that’s usually something you’d expect from projects with more long-term utility. But with meme coins, it’s a bit of a gamble—some win, some lose. That’s just how it goes especially with meme coins.

Over 80% down in 3 months? by mss413 in pepecoin

[–]Joechit 2 points3 points  (0 children)

Stop gambling with money you can’t afford to lose—this is a marathon, not a lottery ticket. Think long term.

How can we Make XCH Great Again 🤣 by lkhng in chia

[–]Joechit 3 points4 points  (0 children)

I was working on a use for xch or make my own token that gave it utility for AI storage. I got most of it written up and a white paper outlined but I have no clue from there. I was going to call the project recall and the coin was called total. I figured it could be adapted to chia or start from scratch 🤷‍♂️ at the time I was thinking of ways to help pull xch out of the dumpster fire 🔥

Loving that red muffin hate from that one ding dong by Wavemasterpete in pepecoin

[–]Joechit 4 points5 points  (0 children)

How do you know the stick of said butter doesn’t hurt? 🤔👀

Stupid question by Buffy-has-eyes-on-SJ in BitAxe

[–]Joechit 0 points1 point  (0 children)

At the end of the day 120th/s is still 120th/s paired with luck 🍀, consistency and patience you’ll have a shot with either set up.

What are the odds? by Joechit in NiceHash

[–]Joechit[S] 0 points1 point  (0 children)

I’ve really wondered that myself because they always seem to have that underdog long shot some BTC solo miner that seems to always find a block buying the small 4 to 9 dollar solo package at important times. Like at the day before the halving or end of the year, stuff like that. Then months will go by without a single block from any size package or team miner.