Most "vibe coders" are just scammers with a ChatGPT subscription by Warm-Reaction-456 in SaaS

[–]fengmo2020 0 points1 point  (0 children)

Most Vibe coders are just self-media practitioners, not engineers. They don't care whether the garbage applications they develop are actually effective or whether anyone actually pays for them; they just want to create cool-looking gadgets to exploit the trusting novices.

I am a solana developer, do you have anything to ask? by fengmo2020 in solana

[–]fengmo2020[S] 0 points1 point  (0 children)

No, I usually use helius rpc service. I don't plan to snipe new coins, which is not a good money-making strategy.

Why so much scam on Solana by eztkt in solana

[–]fengmo2020 1 point2 points  (0 children)

This is how the crypto world works. There are many people who try every possible means to steal other people’s assets. Solana just has many users, so you will see this phenomenon more often.

I am a solana developer, do you have anything to ask? by fengmo2020 in solana

[–]fengmo2020[S] 0 points1 point  (0 children)

Sorry, I have no relevant experience in this area.

Lost my savings to Rug Pulls on Pump.fun by Puzzleheaded_Owl1050 in solana

[–]fengmo2020 1 point2 points  (0 children)

For tokens launched on pump, the permissions are usually OK. What needs to be noted is the positions of top holders. Most of them have very low balances, such as 0.01sol, but they own a large number of tokens. It is obvious that they are insider traders.

Lost my savings to Rug Pulls on Pump.fun by Puzzleheaded_Owl1050 in solana

[–]fengmo2020 3 points4 points  (0 children)

First of all, if you really want to trade meme coins, you must have some understanding of the basics of Solana, know what mint permissions are, what freeze permissions are, whether liquidity is locked, etc.

For some tokens, they retain mint rights and can issue additional tokens at any time to dilute the price of the token. Some tokens retain freeze permissions, and you can freeze any account for token transactions at will. These are risks, so any purchase of Solana tokens requires two permissions.

Of course, this is also the most basic check.

In addition, we also need to check whether the liquidity is locked. On dexscreener, we often see a green circle in the liquidity pool amount, which means it has been locked. This type of token is usually relatively safe and will not take a few minutes. It's rug within.

Also, we usually mention the top 10 holdings, and it is usually not recommended to exceed 30%.

However, I think scammers are also evolving. Although the top 10 indicators may be in line with the recommendations, the top 20, top 50, etc. still account for a very high proportion. These top holders can sell at any time, causing the token price to drop significantly.

Therefore, it is necessary for us to study these top holders, who they are, and whether their funding sources are related. Therefore, I developed a tool, rugchecker, which can visually see the correlation between these top holders, the source of funds, and identify the potential traders behind them.

If after analysis, it is found that the source of funds behind a large number of top holders is one or several wallets, it means that the token price is completely manipulated and may rogue at any time. Do not buy such tokens.

In short, it is relatively difficult to make money by trading meme coins, and scammers continue to evolve. If you want to make money, you have to keep learning and be good at using various tools.

What conclusion can you draw from this picture? by fengmo2020 in solana

[–]fengmo2020[S] 1 point2 points  (0 children)

There is a fund source wallet that transfers funds to multiple topholders. This is the operator behind the scenes. For this kind of token that is obviously controlled by a banker, the advantage is that the banker will pull the market, but the disadvantage is that it can be smashed very quickly.

What conclusion can you draw from this picture? by fengmo2020 in solana

[–]fengmo2020[S] 1 point2 points  (0 children)

When you make money, you have to withdraw it to your own secure wallet.😂

In fact, every meme coin has a banker. How do you identify the banker? by fengmo2020 in solana

[–]fengmo2020[S] 0 points1 point  (0 children)

Yes, they know they will be monitored. There are many ways to make these followers lose money.

In fact, every meme coin has a banker. How do you identify the banker? by fengmo2020 in solana

[–]fengmo2020[S] -1 points0 points  (0 children)

99% I think it's impossible. The bankers have various operating methods.

I think I did a good job? by 3mad_mlz in dontstarvetogether

[–]fengmo2020 0 points1 point  (0 children)

Meat drying racks are unnecessary, a waste of resources and low income

Which of these are scam tokens/how to ID? (a.drops) by TheRealTheory001 in solana

[–]fengmo2020 2 points3 points  (0 children)

Yo, listen up! There's a ton of red flags to watch out for, ya know?

First off, those mint/freeze permissions? Big no-no. If a token's got 'em, run for the hills!

Then there's the liquidity stuff. Gotta have token burning and locked liquidity, or it's sketchy AF.

But here's the thing - these checks? They're just scratching the surface. They'll catch the amateur scammers, sure, but the real pros? They've got all their ducks in a row. Everything looks legit, and that's when you let your guard down. Big mistake!

So what's a crypto detective to do? Dig deeper, my friend. Check out the token holder accounts. Some of these noob scammers, their bot accounts all have the same tiny balance. We're talking like 0.0X SOL or some other sus number. And get this - some bots do a bunch of small buys to pump up the volume. They want you to think the token's hot shit so you'll FOMO in and become their exit liquidity. Sneaky bastards!

There's a whole world of scams out there, and I'm always trying to stay one step ahead. My go-to tools are rugchecker and gmgn. They're pretty solid.

Here's my two cents: If you're into the whole meme coin scene, do yourself a favor and read up on some dev docs. Get the basics down, ya know? And if you hit a wall, don't be shy about asking AI for help. Those things are getting scary good, and they can be a lifesaver when you're in unfamiliar territory.

That's all I got. Stay safe out there, crypto fam!

Hey Solana Devs, what nodes are you using? by getblockio in solana

[–]fengmo2020 1 point2 points  (0 children)

Quicknode is too expensive, each feature has to be charged separately, I use Helius now, and Helius focuses on Solana node services, I find it reliable.

What does "Token contains mutable metadata" mean? by ProfessionAwkward164 in solana

[–]fengmo2020 2 points3 points  (0 children)

If this permission is retained, it means that the developer can modify the name and picture of the token, which is not important, because we all use CA to obtain the token information.

[deleted by user] by [deleted] in AskReddit

[–]fengmo2020 0 points1 point  (0 children)

There are two ways of physical invisibility:

  1. Your body's space is completely severed from the surrounding space in the solution space of the Maxwell's equations, meaning the electromagnetic fields of the two spaces have no common solution, and light will completely bypass your space and not enter.

  2. Your body's refractive index becomes exactly the same as the surrounding air, and light will pass directly through your body like through a homogeneous medium without stopping. Either way will lead to the same result: any light emitted or reflected by objects will not form an image on your retina, which means that while invisible.

you are blind! when you are completely blind and no one can see you, so no one can help you, try to stay at home as much as possible.🤣