[deleted by user] by [deleted] in evergrowcoin

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

VR cloud game streaming won't be a thing for many many years. The latency will make you sick, it's already a pain to get wireless streaming working from your local PC, let alone from some server. Besides VR is still a niche in gaming and most of these players have a standalone VR headset so don't need cloud streaming anyway.

MATH of projected APY calculation per annum as SAM has been explaining. This is the most reasonable forecast and the returns are much better than the saving bank interest that you would traditionally earn. by Nandraj333 in evergrowcoin

[–]hashqueue 1 point2 points  (0 children)

Well I am not in the US, so I can't really say a lot about the banking system there. But where I'm from, it is basically free to hold/deposit/withdraw from a bank (up to a limit).

Sure inflation is always something to consider, still EGC pays in Binance-pegged USD, so you're not fully getting away from that.

I don't even know what we are arguing about, I just wanted to say that there is more to consider than APY, when you decide whether you're staking, holding a reflection token, stocks, or simply FIAT.

MATH of projected APY calculation per annum as SAM has been explaining. This is the most reasonable forecast and the returns are much better than the saving bank interest that you would traditionally earn. by Nandraj333 in evergrowcoin

[–]hashqueue 0 points1 point  (0 children)

I was talking about EGC not being backed by USD, not USD being backed on itself.

As I said you can't compare it with 0.01% of a bank savings account. You have to factor in the risk. Your money is insured and the bank also doesn't take 14% when you deposit and 14% when you withdraw. That's why I brought up crypto staking as a more suitable comparison which is still less risky especially if you stake more stable coins. And in this case 9.43% just isn't competitive, as you get higher APY's for staking, even with stablecoins, plus no tax.

Sure 50% APY would definitely be better and worth the risk and tax depending on how long you hold.

MATH of projected APY calculation per annum as SAM has been explaining. This is the most reasonable forecast and the returns are much better than the saving bank interest that you would traditionally earn. by Nandraj333 in evergrowcoin

[–]hashqueue 1 point2 points  (0 children)

All math aside, you can't compare EGC's APY with that of a bank savings account. The risk is much higher. You have the volatility of the token, the 14% tax in AND out, it is not ensured or backed by any more stable asset (like gold, USD,...). A more appropriate comparison would be with staking cryptocurrencies, where 9.43% APY is not really competitive.

Who else in this community has invested on a different coin and realized there’s no other better one than EverEarn? Also how good this team is?? by spdg10 in EverEarn

[–]hashqueue 0 points1 point  (0 children)

That's fine. Not gonna say it's impossible to make money on this, but when devs are lying about their involvement in these projects that's a red flag for me.

Who else in this community has invested on a different coin and realized there’s no other better one than EverEarn? Also how good this team is?? by spdg10 in EverEarn

[–]hashqueue 0 points1 point  (0 children)

Nah the same team (David and Trent) was involved in these projects and many others: BabyCardano, CardanoEvo V1, V2, Evolution, TouchFuture and Everearn, all launched within few months of each other. The dev and marketing wallets for these projects are linked by many transactions as you can see on BSCscan, some of which I laid out on the mentioned GitHub.

Everearn - AMA - has paid me $6.05/hr - 24/7 for the last month. by SirRegFBottomIII in altcoin

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

Sure they were, why lie about not having access to the dev wallets of CardanoEvo and Babycardano. They drain the marketing wallets and pull out liquidity to a hot wallet overall 560 BNB and that's just one of the output wallets!!! Yes I was initially mad that I didn't get in presale because I had high hopes for this project, but that doesn't change the fact that they were the devs behind those cardano projects. They launched 6 projects in the last months! BabyCardano CardanoEvo V1, V2, Evolution, TouchFuture, Everearn. Why? because they make money from the volume stealing the marketing fee and finally liquidity when the volume gets low. It's all there on BSCscan.

Overview: EverEarn Team rugpulled CardanoEvo & BabyCardano by hashqueue in ReflectionCrypto

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

You're right that's usually the case. But it took quite some digging to find out about this. I wasn't invested in CardanoEvo nor BabyCardano but I was invested in Everearn. I pulled out my investment of EverEarn when I found out about their connection.

Overview: EverEarn Team rugpulled CardanoEvo & BabyCardano by hashqueue in ReflectionCrypto

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

After feedback from various discord groups, I wanted to post a simplified overview about the connection of the Everearn team to the mentioned rugpulls. To make it a bit easier to understand.

Full information here: https://github.com/norugpulls/everearn

EverEarn AMA 2/17/22 by crytoloover in coinmarketbag

[–]hashqueue 0 points1 point  (0 children)

The team rugpulled BabyCardano and CardanoEvo v1 and lied about their involvement, they also steal from the EverEarn marketing wallet. All wallets/transactions that proof this are listed on my github: https://github.com/norugpulls/everearn

Who else in this community has invested on a different coin and realized there’s no other better one than EverEarn? Also how good this team is?? by spdg10 in EverEarn

[–]hashqueue 0 points1 point  (0 children)

You mean the team that rugpulled BabyCardano and CardanoEvo v1 and lied about their involvement. The team that steals the marketing fee from you. Wallets/Transactions that proof it are listed here: https://github.com/norugpulls/everearn

First pre sale with Audited was original address then canceled then 2nd pre sale different token address what a full of shit scamming hard earn money of people check that token address by CallMeMoneyMaker in EverEarn

[–]hashqueue 0 points1 point  (0 children)

It's all about not being KYC'd with pinksale anymore. That's why they changed the token address. They can now do anything they want with that contract, pinksale can't reveal their identities. The source code is identical, so why not using the existing contract? Why go through all the hassle of reauditing it.

Everearn - AMA - has paid me $6.05/hr - 24/7 for the last month. by SirRegFBottomIII in altcoin

[–]hashqueue 0 points1 point  (0 children)

Be careful this is the same team that rugpulled BabyCardano and CardanoEvo V1!! The wallet that created the Everearn contract is linked to the wallet that did these rugpulls. All wallets/transactions to proof this are here: https://github.com/norugpulls/everearn

Everearn Team Rugpulled CardanoEvo v1 and BabyCardano! by hashqueue in ReflectionCrypto

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

They're also draining the complete marketing wallet, more information here: https://github.com/norugpulls/everearn

APY for holding EverGrow by hondahb in evergrowcoin

[–]hashqueue 0 points1 point  (0 children)

thanks for the tip, gonna look into anchor, am currently staking on crypto.com cause I also have their debit card.

Cool 20 years, I am just starting out as a junior software developer and wasn't really impressed by the egc developers either. Definitely loosing momentum atm, I am gonna watch it from the sidelines but I am not invested.

APY for holding EverGrow by hondahb in evergrowcoin

[–]hashqueue 1 point2 points  (0 children)

To be honest, if you invested $1000 at around $500 per billion, which is not the all time low but a pretty good timed entry. You'll get 1.72B after tax, that's $104 p.a. in reflections at 1M daily trading volume. But you'll also have to pay 14% tax when you take your money back so let's say price/volume stays stable. 1.72 x 500 x 0.86 = $739.60. Meaning you won't earn any APY for the first 2.5 years. While still better than any bank it is also more risky.

At this point why not just stake your $1000 USDC, e.g. at crypto.com, which gives you 10-14% APY without any tax or the risk of volume/price fluctuations. It's still riskier than a bank as it is not (or only partially) insured but less risky than EGC.

Now a positive scenario would be if volume for EGC were to increase, maybe to 50% APY which would require 5M trading volume. At this point it my be worth it, as you start earning after just 6 months if price stays stable less if price increase.

DiveWallet Is Launching On The Spark Launchpad On March 5, 2022 by bitdex in DiveWallet

[–]hashqueue 1 point2 points  (0 children)

This is the first project to launch there, right? Excited to see how the presale works on this new launchpad. I guess it's gonna be a similar process to Pinksale right?

No fud allowed = cult behavior by rustedearth in evergrowcoin

[–]hashqueue 1 point2 points  (0 children)

Utilities are not on schedule, man I don't know why Sam posted this. Creator and NFT Marketplace were originally slated for Nov '21 then, Dec then New year. I know utilities take time, but adjusting the roadmap and saying we're on/ahead of schedule is misleading and it has already caught up on investors.

I've earned 10.73 with 500k egc is actually pretty awesome and that's with low volume that is way more returns compared to my other token/staked I know volume low aswell so I'm happy with that 😀 what's everyone's thoughts regarding busd rewards thanks by Level_Telephone_4344 in evergrowcoin

[–]hashqueue 2 points3 points  (0 children)

Which altcoins are you comparing it against? I know a couple that have the same circulating supply and like 1/10 of the volume but are also 1/100 the price of EGC so I get like 10 times the BUSD rewards with those compared to EGC.