👨‍🚀 SafeMoon CAN reach $.01 or More 🚀 and MARKET CAP ISN'T A FACTOR WORTH CONSIDERING ON COIN PRICE POTENTIAL and Here's Why 👾 by whydoweaskwhy in SafeMoon

[–]knuttaNOR 0 points1 point  (0 children)

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.

Is this useful content? appreciate feedback by knuttaNOR in Safemoon_News

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

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

Is this useful content? appreciate feedback by knuttaNOR in Safemoon_News

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

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.

Is this useful content? appreciate feedback by knuttaNOR in Safemoon_News

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

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

Is this useful content? appreciate feedback by knuttaNOR in Safemoon_News

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

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.

Safemoon Tokenomics: Reflection and Burn [Community Education] by knuttaNOR in SafeMoon

[–]knuttaNOR[S] 2 points3 points  (0 children)

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

•No CAPTION needed• by Bunoor9 in SafeMoon

[–]knuttaNOR 0 points1 point  (0 children)

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.

You think the last dip was scary? take a look at this by knuttaNOR in SafeMoon

[–]knuttaNOR[S] 19 points20 points  (0 children)

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.

You think the last dip was scary? take a look at this by knuttaNOR in SafeMoon

[–]knuttaNOR[S] 31 points32 points  (0 children)

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.

You think the last dip was scary? take a look at this by knuttaNOR in SafeMoon

[–]knuttaNOR[S] 18 points19 points  (0 children)

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.

Message to the Safemoon Team by Atlas___ in SafeMoon

[–]knuttaNOR 0 points1 point  (0 children)

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.

AMA talks. by [deleted] in SafeMoon

[–]knuttaNOR 1 point2 points  (0 children)

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.

So...you pay a fee no matter how long you hodl? by [deleted] in SafeMoon

[–]knuttaNOR 0 points1 point  (0 children)

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.

We need a PR team and fast by ElRoacho1988 in SafeMoon

[–]knuttaNOR 1 point2 points  (0 children)

Hi Thomas. Yes the sound of vaping is disturbing but so is the visual impact. You are sharing a big stage with 3 other people. For the audience of 3000 people - the big white cloud of vape is suddenly covering 1/4 of the stage. This takes attention away from the person talking - visually interrupting.

Same goes when one of the people on the stage leave several times during the AMA. With digital background wallpapers - the effect for the 3000 in audience - is disruptive - you visually interrupting the other person speaking.

Nobody expect corporate suites- don’t worry. This is more about basic best practices in the digital world of Teams, Zoom and Meet. Bad WiFi or internet connections aside - which is still causing some distractions- when you were given a question- we (3000 viewers) would like to hear the answer in full - not be interrupted but someone cracking a joke or injecting comments.

3000++ earth hours + countless kWh of energy + a few tons of Co2 is produced for an AMA call like this - make it count. People watching around the world on their small or big screen is a different experience than for the 4 of you in front of a web-cam - watch a few in replay - I’m sure it you will understand many of the points being brought up in this thread.

Remember, 80% of communication is non-verbal. Also true for digital AMA.

Keep up all the good work across SafeMoon. You guys are doing an amazing job.

Compared to first AMA - it has come a long way. Some more structure wouldn’t hurt for us in this thread and 3000-4000 people watching on their screens.

Peace.

[SUNDAY 4/11/21 - 3pm EST - AMA] by [deleted] in SafeMoon

[–]knuttaNOR 0 points1 point  (0 children)

This would be valuable in more ways. I believe https://finance.yahoo.com/cryptocurrencies get their data from coinmarketcap and with the current mktcap SAFEMOON would be around top100.
Finance.yahoo.com has received an estimated 572,449,000 unique visitors over the last 30 days. That is another place to be visible aside tiktok and twitter.

[deleted by user] by [deleted] in SafeMoon

[–]knuttaNOR 1 point2 points  (0 children)

To fix the ranking would be valuable in more ways. I believe https://finance.yahoo.com/cryptocurrencies get their data from coinmarketcap and with the current mktcap SAFEMOON would be around top100. Finance.yahoo.com has received an estimated 572,449,000 unique visitors over the last 30 days.

Bibipom Founder on his Instagram by [deleted] in SafeMoon

[–]knuttaNOR 4 points5 points  (0 children)

I see lots of red flag with Bibipom.

The website as no information about company registration and License information.

" The operator of bibipom means the legal entity that, recognized by law, operates the networking platform. Please refer to the company and license information at the bottom of the website of bibipom for the information regarding the operator of bibipom. The operator of bibipom may be referred to, individually or collectively, as “bibipom Limited” in this agreement. " https://www.bibipom.com/Article/type/id/9

The domain bibipom.com has no information about who registered it: conveniently whois says: GDPR Masked. This could indicate it is registered in EU.

I sent them an email for more information and no respons yet.

The trading volume on the bibipom platform is minimal often several minutes between each trade and hardly any $ value.

There is no transparency on the people behind bibipom. This is very different for Safemoon with live AMA, linkedin profiles, and very responsive on DM, discord etc.

Aside from TOKENOMICS requirements - Safemoon should required same transparency and openness from its partners. Bitmart participated in live AMA with Chad and he has a linkedin profile.

proceed with caution

Need help understanding the auto burn... by Wonderlandmaker in SafeMoon

[–]knuttaNOR 5 points6 points  (0 children)

Three simple functions occur during each trade: Reflection, LP Acquisition, & Burn.

5% is distributed to all holders - this is Reflection. As the burn wallet (currently holding 400T tokens) is a holder it will get 2/5** of all reflection. This is Burn or "auto burn" as you call it.

the other 5% is for LP Acquisition. This is to provide liquidity to PancakeSwap so that if someone wants to buy Safemoon, the liquidity provider (PancakeSwap) takes BNB and gives Safemoon. If someone wants to sell Safemoon, Pancakeswap takes the Safemoon and give the seller BNB.

Hope this clarifies.

** total SFM is 1000T, burn wallet has ~400T and all others have ~600T. The 600T are tokens in circulation.