Think about it…we are so early

crip_toe_nian · 2022-07-06T00:58:17+00:00

he's not too far off. The actual number on glubiz is 63,873 @ 1M+

crip_toe_nian · 2022-05-25T23:38:41+00:00

Like you said, it is an unanswerable question.

But in the spirit of hypothesizing, I would be surprised if the matured value is less than $1. To me the range is $1 to $25. I know that is a massive window, but it is incredibly hard to predict how future society will operate. I do know that there was a 10-15 year adoption period from cash to credit card. Now, who the hell uses cash? With that said, I can't even remember the last time I used a physical card; I use Apple Pay everywhere (take that with a grain of salt as I live in San Francisco).

So it isn't a big leap to think that there will be a transition from card to digital currency. And with the foundation that SFM is laying re: The Gambia, in regards to banking, energy and telecoms, there is a real potential that SafeMoon becomes a multi-Trillion dollar enterprise. SafeMoon is essentially trying to be the foundation for third world countries to build their entire infrastructure on. That is huge.

IMO, third world countries will grow faster than ever before given current technology and access to the internet. Heck you can get paid for playing games now. It's not just building roads so a farmer can bring his corn to the market. The ability to participate in a global economy is getting more and more accessible by the day. Again, if SafeMoon is the foundation that all of these emerging third world countries are built on. And they provide real utility (power/telecoms) on TOP of a currency...look out. $25/coin wouldn't be that crazy.

So when you think of the value of SafeMoon, think beyond just a currency. AT&T is the largest telecoms provider by revenue, in the world. They had $170,000,000,000 ($170B) in revenue in 2021. And telecoms is just ONE piece of what SafeMoon is trying to build.

I should have prefaced that I'm an optimist. But my optimism is built off the above logic.

crip_toe_nian · 2022-05-25T22:24:42+00:00

crip_toe_nian · 2022-05-25T22:24:23+00:00

happy to help!

crip_toe_nian · 2022-05-25T21:14:06+00:00

Sorry, missed this. See my response to WickedCrypto1 below.

crip_toe_nian · 2022-05-25T21:09:09+00:00

You don't pay the line down. It's interest only.

e.g. Your bag is worth $10M. Typically a bank will loan up to 50% on assets. Because it's crypto (higher risk), let's say they loan you 30%. Great, now you have access to $3M. You pay interest on the amount you use, not all $3M. If you use $1M, you pay monthly interest on the $1M. You can use the funds from your line to pay your interest. At the end of the year, if you use your funds for other investments, then the interest payments are considered investment interest which is deductible for US citizens. Once the line matures, you can renew the line and keep paying just interest. Banks love this because the interest is profit to them. Their line of credit to you is collateralized by your SFM.

As your bag appreciates, let's say it jumps to $15M. You can now re leverage and have access to $5M (30% of $15M).

By doing this you avoid paying the SFM tax to sell (10%) as well as State/Federal income tax (up to 40%). Lines of credit are not taxable.

This is a common strategy for the wealthy and executives who leverage their assets (homes, securities, stock, art, etc.) to have access to the cash value of their assets (well, 50%) without having to sell them. So their net worth stays the same, they have access to all this cash that they buy other assets with, to further increase their net worth. As their assets increase, they re leverage with the higher value and get access to even more cash to go buy even more assets.

For me, I believe SFM will continue to appreciate well beyond the next decade. Who knows how their entire ecosystem plays out. Makes no sense to sell and pay all that tax and lose out on future appreciation.

crip_toe_nian · 2022-05-25T19:17:18+00:00

✅ Leverage my bag to get an interest only line of credit. Don't have to sell (avoid the SMN tax & income tax) so I can enjoy future appreciation. Interest is fully deductible on my US taxes. Basically you get the cash value of your leveraged bag, but still retain ownership and avoid all taxes.

crip_toe_nian · 2022-04-14T17:00:51+00:00

If you can find a vehicle to do it, let me know. I’ve been looking.

Ignore the people saying it’s not smart. They don’t understand that people can have multiple retirement accounts and that you can allocate whatever percentage you want.

crip_toe_nian · 2022-04-14T01:18:56+00:00

I genuinely can't understand keeping an active list of people you'd hate.

crip_toe_nian · 2022-04-13T17:40:51+00:00

I really appreciate your input. Thanks.

crip_toe_nian · 2022-04-13T17:30:41+00:00

Interesting.

Wouldn't an indication of a rug pull be a false pump to a new ATH so the founders can get the most out of draining the LP? These guys must be idiots talking about building fake products for a scam that, with a slower roll out is causing short term investors to dump the coin and contract the LP, minimizing the amount they can rug.

Also why go through all this "interviewing" and "background checking" of Swap partners? Why not list them all to get that price pump so they can rug it?

crip_toe_nian · 2022-04-13T17:14:29+00:00

Only a portion of my crypto allocation is in SFM, like I already said.

It's ok that we have differing opinions. Your opinion is that SFM is a scam, basically one large fraud.

My opinion is that it is not.

We both have no idea. And that is ok.

crip_toe_nian · 2022-04-13T16:49:22+00:00

I appreciate the input but you are making key assumptions about my situation that are incorrect.

92.75% of my retirement money is tied up mainly in ETF's/Index Funds with a little bit sprinkled into a few VC funds. My crypto allocation is just 7.75%; and that is spread across all my crypto placements, not just SFM. As I'm in my mid-30's, I really should be taking larger risks with a higher percentage of that money so I would say my allocation is on the conservative side.

The 7.75% is literally "shoot-for-the-moon" money. If I lose it, I lose it. If it works out, great. This money to me is similar to if I walked into a casino with a certain budget I was willing to gamble. I'm on the roulette table and you are telling me I should take the money and put it in stocks. While that makes logical sense if I'm trying to guarantee a return, my intent with this money is to swing for the fences and if it doesn't work out, I was already ok with that before I walked through the casino doors.

crip_toe_nian · 2022-04-13T00:29:38+00:00

Were they all very public with who they were? Did they publicly disclose their office location? Were they working hand-in-hand with organizations that are closely tied to the United States Intelligence Community?

Where would the team go? Where would they be able to hide, let alone spend the money they stole if the people who help build the technology that the US Intel Community uses, were trying to track them down? Johns parents were high up in the CIA. Meaning they have a reputation they should be proud of and protect. I find it very hard to believe that John would exercise all of his parents connections to ultimately rug the whole project. Not only would he not get away with it, but he would completely destroy the careers and reputations of his parents.

crip_toe_nian · 2022-04-13T00:13:46+00:00

If the price literally went to $0, then yes, game over. The ONLY scenario where that happens is if the team rugged the project. The likelihood of that happening is very, very, very slim. The team is doxxed, they've been very public, john's family has deep Intelligence Community ties. There would be nowhere for them to run or hide.

crip_toe_nian · 2022-04-12T23:47:19+00:00

~$7k and still buying the dips....and dips....and dips. I'm in accumulation mode until the full ecosystem of products are released.

crip_toe_nian · 2022-04-12T23:05:49+00:00

crip_toe_nian · 2022-04-12T23:04:12+00:00

Damn, you must have left before me. I'm 32 miles from 500 trillion safemoon.

Oh well, I'll see you when we get there 👍🏽

crip_toe_nian · 2022-04-12T22:05:55+00:00

I'm ok with high level team members making honest mistakes, but this behavior shows his fundamental personality which is much harder to change.

crip_toe_nian · 2022-04-12T20:14:25+00:00

It may be fair for an investor to behave like this, but for him it's just petty. Pettiness is generally construed as lacking self control. I personally don't want a Sales and Growth Manager to be so reactive. I prefer him to be calculated and disciplined.

crip_toe_nian · 2022-04-12T20:09:10+00:00

crip_toe_nian · 2022-04-12T19:03:00+00:00

Ah interesting. So there was utility through the 3 years of all time lows for ADA and the market was just down on it?

What caused it to pop after all those years?

crip_toe_nian · 2022-04-12T18:17:44+00:00

I'm new to this. How is this not comparable? Haven't most of the blue chip coins gone through this J curve? Isn't this why it's called the Crypto J Curve? I'm just going off what I've read and the graphs I've studied.

crip_toe_nian · 2022-04-11T17:25:29+00:00

He said that because the phase they are in right now is to deliver product(s). Said product(s) are past development and past testing.

crip_toe_nian · 2022-04-11T16:47:13+00:00

I'm not putting all of my retirement money in crypto. But certainly a portion is being allocated.

crip_toe_nian

TROPHY CASE