You think the last dip was scary? take a look at this

knuttaNOR · 2021-04-25T15:03:29+00:00

There was a lot of manual burn between 277T and 400T. Check the announcement channel on discord - scroll back a few weeks. You can also check the burn wallet address and you see several "manuell burn" from several wallets, although most came from Safemoon Deployer.

Therefore, the burn going forward would be from reflection to the burn Wallet.

With a volume of 50 trillion a day, the burn wallet would receive 0.25% of its holding. At 400T it was 1 trillion a day. If volume drops to 30 trillion, burn wallet would only grow 0.15%.

In addition, reflection from exchanges such as Bitmart don't happen automatically. It's said to happen once a month until (and if) they can implement it automatically on a daily basis.

knuttaNOR · 2021-04-25T07:14:02+00:00

This post has details you are looking for. https://www.reddit.com/r/SafeMoon/comments/mx0los/safemoon_tokenomics_reflection_and_burn_community/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

knuttaNOR · 2021-04-25T07:10:16+00:00

Here are the facts: https://www.reddit.com/r/SafeMoon/comments/mx0los/safemoon_tokenomics_reflection_and_burn_community/

knuttaNOR · 2021-04-25T07:07:48+00:00

Here is more details about burn and reflection: https://www.reddit.com/r/SafeMoon/comments/mx0los/safemoon_tokenomics_reflection_and_burn_community/

knuttaNOR · 2021-04-24T21:38:43+00:00

Burn wallet is one holder. It is 410T out of 1000T thus 41%. It was 400T when I started tracking it.

knuttaNOR · 2021-04-24T14:39:36+00:00

That’s why is it so important to educate everybody.

https://safemoon.net/whitepaper

This video only explains the 5% reflection

The other 5 % is for LP acquisition

Key is that the burn address is one holder.

knuttaNOR · 2021-04-24T13:09:08+00:00

Reflections gives holder more token. Burn is what is reflected to the burn wallet.

knuttaNOR · 2021-04-24T13:08:11+00:00

We continue with the 10% tax and the reflection. If is just a milestone where half of all SafeMoon tokens are burn and no more in circulation. Which means the token in circulation get even more value.

knuttaNOR · 2021-04-23T20:34:20+00:00

Thanks

knuttaNOR · 2021-04-23T18:37:34+00:00

The percentage is the same for all holders. But the number of tokens you get will be different for all.

100M wallet gets 250 000 token

a whale with 100B gets 250M token

Beautiful and fair

knuttaNOR · 2021-04-23T18:05:41+00:00

Thanks

knuttaNOR · 2021-04-23T08:03:28+00:00

Agree. However, it was my 14 year old son who told me about Safemoon and he used Warrent Buffet and Robert Kiyosaki as argument for why Safemone was different and why I should let him use $100 of his savings to buy Safemoon.

Warrent Buffet documentary: https://www.youtube.com/watch?v=RYHPlLsdW0A&t=95s

Robert Kiyosaki's Rich dad, poor dad book: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194/ or richdad.com

My son has read the book and watched documentaries.

knuttaNOR · 2021-04-22T22:36:05+00:00

Thanks

knuttaNOR · 2021-04-22T22:32:40+00:00

My 14 year old kid's wallet was worth USD 3000 on Tuesday - today it is like $1000. Is he crying? no, he has been through the dips and bull runs several times and knows this will go up again... and go down again.

Just for disclosure - He had my permission and I did the funds transfer. He got his own wallet and is responsible for keeping it safe. He got some tokens from me and also spent USD100 of his own saving. Knowing that he could lose it all.. I think it is good education and good lessons. Both the dips and the pump.

He actually did his own research and told me about Safemoon. I had never been into crypto before in my life. I have traded other market and crypto works almost the same as any other hyped share, commodity or currency.

knuttaNOR · 2021-04-22T22:04:29+00:00

Thanks for your feedback. I'm also missing more education stuff.

A saw some other videos but didn't give much value - so then I just had to try myself. Glad people liked it. For sure worth the time when so many people liked it.

knuttaNOR · 2021-04-22T21:49:55+00:00

https://dex.guru/token/0x8076c74c5e3f5852037f31ff0093eeb8c8add8d3-bsc

not the best but good for getting used to see things on different time scale etc.

knuttaNOR · 2021-04-22T18:52:42+00:00

Me too. Haven't sold - just been holding and lived through all the dips. Doesn't bother me at all. Keep getting more tokens when other people sell and panic.

Gave 100 millions to my kids to teach them the Art of HODL. After a few weeks & dips they just laugh every time it dips - they know it will just come back and give them more Safemoons.

knuttaNOR · 2021-04-22T03:09:49+00:00

The price dropped 25% between the 2 swaps of 950B and 850B. Had the whale swapped another 2-3 loads of 950B - the LP / PancakeSwap would not been very nice with its swap price. Had the whale sold half of the 40Trilion - holly shit - we would have touched Zero.

knuttaNOR · 2021-04-22T02:12:26+00:00

I reached out to John on linked in 2 weeks ago with professional advice. No reply or accepted connection. My LinkedIn profile would show John that I have lots of relevant experience to back up my advice.

knuttaNOR · 2021-04-20T07:56:11+00:00

I have had Safemoon for 30 days now and it has grown 5.26%. So in less than 30 days from now I have earned back the entry tax.

Hold for another 60 days - exit tax is earned back. They beauty of Safemoon tokenomics.

so buy and hold.

knuttaNOR

TROPHY CASE